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Select all of the following that are TRUE about why you might choose a blockchain for a business use. [ Hint: At least one is
Select all of the following that are TRUE about why you might choose a blockchain for a business use. Hint: At least one is true.
Blockchain may represent a good solution for a problem when multiple parties are involved and none of them wants to trust one party with operating and having sole custody of a transaction ledger.
Blockchain platforms with many nodes miners validators can be useful in ensuring that a transaction system is always up and operating, especially in contrast to a service that is centralized but does not have a reliable network or system that remains operational and available.
You have many extra legacy computers not in use that you might want to set up as Bitcoin miners.
A private blockchain might be useful for a consortium of companies who want a collective system that will provide proof of transactions in a reliable, appendonly log format.
It's the best technology to use to avoid governmental regulation.
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