Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Oct 24, 2023

Explain any seven characteristics and three challenges of Blockchain technology with examples & what are the node, end user, hash, miner, and timestamp in Blockchain

Explain any seven characteristics and three challenges of Blockchain technology with examples & what are the node, end user, hash, miner, and timestamp in Blockchain technology?

Step by Step Solution

★★★★★

3.44 Rating (151 Votes )

There are 3 Steps involved in it

Step: 1

Certainly Here are seven characteristics and three challenges of blockchain technology along with explanations and examples Characteristics 1 Decentralization Blockchain operates on a decentralized ne... blur-text-image

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditing and Assurance services an integrated approach

Auditing and Assurance services an integrated approach

Authors: Alvin A. Arens, Randal J. Elder, Mark S. Beasley, Chris E. Hogan

16th edition

978-0134075754, 134075757, 134065824, 978-0134065823

More Books

Students also viewed these Banking questions

Question

Challenges of blockchain technology application Different industries and platforms have experienced problems in adopting blockchain. For instance, in e-governance, issues related to security,...

Answered: 1 week ago

Question

★★★★★

The information technology (IT) department at Jacobsons, Inc., consists of eight employees, including the IT Manager, Melinda Cullen. Cullen is responsible for the day-to-day oversight of the IT...

Answered: 1 week ago

Question

★★★★★

Describe how might trends mentioned in the article provided, affect decisions and strategies of corporations and managers; in consideration of areas such as growth, sales, production, alliances,...

Answered: 1 week ago

Question

★★★★★

Your buddy mentioned that she is thinking about suing under the qui tam law. You are not sure what that is. a. What is a qui tam provision? b. Can employees who do not work for the government sue...

Answered: 1 week ago

Question

★★★★★

The heat of solution of ammonia in water at 1 atm is Hs (25C, r = 2 mol H2O/mol NH3) = 78.2 kJ/mol Calculate the enthalpy change that accompanies the dissolution of 400 mol of NH3 in 800 mol of water...

Answered: 1 week ago

Question

★★★★★

3. As sales representatives for a cooperative of organic farmers, you are about to make a sales presentation to a national supermarket chain. List the most important messages you wish to relate and...

Answered: 1 week ago

Question

★★★★★

3.11 Refer to Exercise 3.10. a. Use the data entry method in your scientific calculator to enter the six pairs of measurements. Recall the proper memories to find the correlation coefficient, r, the...

Answered: 1 week ago

Question

★★★★★

The Dynaco Company manufactures a product in five stages. Each stage of the manufacturing process is conducted at a different plant. The following network shows the five different stages and the...

Answered: 1 week ago

Question

★★★★★

1.A 6-year, $1000 face value bond makes annual payments and has a coupon rate of 11.2 percent. If the current yield on the bond is 10.7 percent, what is the bonds price? Answer : 1,046.73 2. Suppose...

Answered: 1 week ago

Question

★★★★★

After taking business classes, Jake, an avid dog-lover, decided to start selling unique pet supplies at trade shows. He has two products: Product 1: "Launch-it"- a tennis ball thrower that will sell...

Answered: 1 week ago

Question

★★★★★

Help please, don't understand HENRY CORPORATION Balance Sheet December 31, 2020 and 2021 2021 2020 Difference ASSETS Cash $ 400,000 $ 347,000 53,000 Accounts Receivable 450,000 460,000 Allowance Bad...

Answered: 1 week ago

Question

★★★★★

I. Suppose that there are only 10 individuals in the economy each with the following utility function over present and future consumption : U (c1, c2) = c1 + 2 / 3 c2, where c1 is consumption today,...

Answered: 1 week ago

Question

★★★★★

QUESTION 10/12 Company A's total royalty expenses for a specific product vary based on the total revenue (dollars in thousand), shown as below: Which of the following statements is correct? 1 point...

Answered: 1 week ago

Question

★★★★★

The relativistic Doppler shift causes the light from a distant galaxy to be blue shifted by 5%. What is the speed of the galaxy relative to the earth?

Answered: 1 week ago

Question

★★★★★

#3 #2 HOMEWORK #1 #1 Figure 1 Price Supply and Demand Suppose you have a demand curve for McDonalds Big Macs. Show the impact graphically (draw the graph) to illustrate the impact of each of the...

Answered: 1 week ago

Question

★★★★★

Sandhill Tar and Gravel Ltd. operates a road construction business. In its first year of operations, the company won a contract to build a road for the municipality of Cochrane West. It is estimated...

Answered: 1 week ago

Question

★★★★★

The separation of data descriptions from the application programs that use the data.

Answered: 1 week ago

Question

★★★★★

What is a manufacturing system?

Answered: 1 week ago

Question

★★★★★

Identify risks for extensive IT-based accounting systems.

Answered: 1 week ago

Question

★★★★★

The following independent scenarios describe auditor behavior on an audit engagement. 1. Chad Lewis is the lead audit partner on the audit engagement of a publicly traded company. Chad followed...

Answered: 1 week ago

Question

★★★★★

What are the three categories of members under the AICPA Code of Professional Conduct?

Answered: 1 week ago

Question

★★★★★

Bentley Plastics Ltd. has annual fixed costs of $450,000 and variable costs of $15 per unit. The selling price per unit is $25. a. What annual unit sales are required to break even? b. What annual...

Answered: 1 week ago

Question

★★★★★

Mickeys Restaurant had a net income last year of $40,000 after fixed costs of $130,000 and total variable costs of $80,000. a. What was the restaurants break-even point in sales dollars? b. If fixed...

Answered: 1 week ago

Question

★★★★★

In the past year, the Greenwood Corporation had sales of $1,200,000, fixed costs of $400,000, and total variable costs of $600,000. a. At what sales figure would Greenwood have broken even last year?...

Answered: 1 week ago

Previous Question Next Question