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Blockchain

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Q1

There are no restrictions on a publicly blockchain and anyone can be a part of it.

Q2

Private blockchains operate on access controls that restriction people who can enter the network.

Q3

They blockchain technology enables verification without third-party dependence.

Q4

Blockchain's most reasonable use is to speed up the transfer of funds from one parties to another.

Q5

The major of transactions processed over a blockchain can be settled within seconds.

Q6

Blockchain uses advanced security in comparison to others platforms or record-keeping systems.

Q7

Business that use blockchain will have a greater reduction in hacking threats.

Q8

Blockchain enables companies to focus one creating a supply chain that works with both suppliers and vendors.

Q9

When a blockchain tracks the exchanges of goods, an audit trail will shown where an asset came from plus all the stops along its journey.

Q10

The four areas that will definitely benefit from blockchain include education, healthcare, finance and governmental.

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