Question
State whether the below statements are True/False, and provide a reason for your answer (1 mark for True/false, 2 marks for the reason) . a)
State whether the below statements are True/False, and provide a reason for your answer (1 mark for True/false, 2 marks for the reason).
a) The introduction of financial applications such as Google Pay, makes Google (or its holding company, Alphabet), a Fintech firm. (3 marks)
b) The presence of a large volume of unstructured, complex data is known as Open Data. (3 marks)
c) Mediclinic (a private hospital chain) wants to create a blockchain for storage of their patient's records. The best type of blockchain to suit their purpose, would be a public, permissionless blockchain. (3 marks)
d) It is impossible to lose data from a blockchain.
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