Which of the following is not true of block chain technology? Blockchain's appeal comes from the fact that ownership records are transferred from person to person like cash -- i.e., instead of using an intermediary like banks or credit card companies. Civil libertarians generally favor the peer-to-peer transactional capabilities created by blockchain in support of cryptocurrencies. Blockchain technology, and its attendant support of cryptocurrencies, can relieve the need for credit cards to complete international financial transactions. This is particularly important since less than one-third of the population in emerging markets have access to credit cards. There is only one blockchain software that is used in support of cryptocurrencies. This uniformity is a key attribute to blockchain's commercial acceptance