Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Oct 24, 2023

Explain Private Blockchain System. Provide An Example Of Private Blockchain System.

Step by Step Solution

★★★★★

3.38 Rating (148 Votes )

There are 3 Steps involved in it

Step: 1

A private blockchain system is a type of blockchain network where access to the blockchain is restricted to a specific group of participants Unlike pu... 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

Step: 3

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 The Art And Science Of Assurance Engagements

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

15th Canadian Edition

0136692087, 9780136692089

More Books

Students also viewed these Banking questions

Question

★★★★★

Provide an example of a business event. Explain how an enterprise system can provide the ability to share information and make the execution of the event efficient.

Answered: 1 week ago

Question

★★★★★

Explain the term server and provide an example of server-based processing; explain the term client and provide an example of client-based processing.

Answered: 1 week ago

Question

★★★★★

In defined contribution plans, who contributes to the employee's retirement account?

Answered: 1 week ago

Question

★★★★★

Panamint Candy Company prepared the following amortization table for $300,000 of 5-year, 9% bonds issued and sold by Panamint on January 1, 2021, for $285,000: Required: 1. Prepare the entry to...

Answered: 1 week ago

Question

★★★★★

Humid air is enclosed in a 2.00-liter flask at 40C. The flask is slowly cooled. When the temperature reaches 20C, drops of moisture become visible on the flask wall. Although the pressure in the...

Answered: 1 week ago

Question

★★★★★

2. Which step in the sales process is most important in a consumers decision to purchase a car? We want our customer to have a long-term relationship with us, explains Vinnie Koc, a sales consultant...

Answered: 1 week ago

Question

★★★★★

Henry throws two dice simultaneously. He observes the outcomes of the two throws and tells us that the two dice showed different faces. What is the probability that the sum of the two outcomes is (i)...

Answered: 1 week ago

Question

★★★★★

Howie Jones used the following information to calculate the profit coefficients for Aqua-Spas and Hydro-Luxes: pumps cost $225 each, labor costs $12 per hour, tubing costs $2 per foot. In addition to...

Answered: 1 week ago

Question

★★★★★

Treasury Stock Inland Corporation issued 50,000 shares of $4 par value common stock at $29 per share and 9,000 shares of $42 par value, ten percent preferred stock at $119 per share. Later, the...

Answered: 1 week ago

Question

★★★★★

After watching the Belgian / French film "Fear and Trembling" - [rental link - Rental link to the Belgian / Japanese film Prompt 1: Imagine that you took over Amelie's position in that company after...

Answered: 1 week ago

Question

★★★★★

Pfd Company has debt with a yield to maturity of 7.5%, a cost of equity of 13.8%, and a cost of preferred stock of 9.2%. The market values of its debt, preferred stock, and equity are $13.8 million,...

Answered: 1 week ago

Question

★★★★★

Match the communication methods with their corresponding advantages in the table below: Table of communication methods and descriptions. Method A: Increases flexibility and reduces pressure. Method...

Answered: 1 week ago

Question

★★★★★

A. Patrimonio is a stockholder of ABC, Inc. which has 30,000 shares outstanding and 50,000 shares of authorized capital stock. There are eleven seats in the board of directors. 7. How many shares and...

Answered: 1 week ago

Question

★★★★★

28 S Sol-Motors is the only auto manufacturer in West Lidia, a country that prohibits the importation of cars. The graph below shows the demand and the costs for Sol-Motors. Costs and revenues (in...

Answered: 1 week ago

Question

★★★★★

Wasteful usage of variable overhead costs such as indirect materials and utilitiesi.e., misplacing or spilling indirect materials or leaving machines running and doors to refrigerated areas open will...

Answered: 1 week ago

Question

★★★★★

The intName method in the "Problem Solving: Stepwise Refinement"section accepted arguments Answered: 1 week ago

Answered: 1 week ago

Question

★★★★★

Missing Statement Items, Available for Sale Securities Highland Industries Inc. makes investments in available for sale securities Selected income statement items for the years ended December 31,...

Answered: 1 week ago

Question

★★★★★

Is it a breach of fiduciary duty for a director of a real estate investment trust (REIT) negotiating a joint venture on behalf of the REIT with another director for the development of a portfolio of...

Answered: 1 week ago

Question

★★★★★

Below is a conversation between Mitch and AJ, the audit junior. AJ: Hi Mitch, how is it going? MB: Good, I was relaxing until you came along. AJ: Fran asked me to do some analysis of Hillsburgs...

Answered: 1 week ago

Question

★★★★★

Joanne Whitehead is planning the audit of a newly obtained client, Henderson Energy Corporation, for the year ended December 31, 2020. Henderson Energy is regulated by the provincial utility...

Answered: 1 week ago

Question

★★★★★

Assume that the clients internal controls over the recording and classifying of fixed-asset additions are considered deficient because the individual responsible for recording new acquisitions has...

Answered: 1 week ago

Question

★★★★★

Digital Devices plans to stop carrying the Casio FC-100 calculator. It normally marks up the calculator from the $71.50 wholesale cost to the regular selling price of $99.95. a. What is the normal...

Answered: 1 week ago

Question

★★★★★

Workwear Station uses a markup on cost of 60% to establish its retail prices. This pricing rule builds in a profit of 25% of cost. What rate of markdown can Workwear Station offer and just break even...

Answered: 1 week ago

Question

★★★★★

An item costing $185 was marked up by 50% of cost and subsequently marked down by $60 during a sale. Determine: a. The regular selling price. b. The rate of markdown.

Answered: 1 week ago

Previous Question Next Question