All of the following describe blockchain
Discipline: Accounting
Type of Paper: Question-Answer
Academic Level: Undergrad. (yrs 3-4)
Paper Format: APA
Pages: 1
Words: 275
Question
All of the
following describe blockchain: blockchain cannot verify and facilitate
Bitcoin transactions blockchain is a less secure type of accounting
ledger blockchain is continuously and simultaneously updated and
verified blockchain makes it more difficult for the ledger to be
modified
Expert Answer
Step 1/2
Blockchain is a ledger that is being used to record all the transactions related to the Bitcoin.
Each transaction of Bitcoin is being recorded and updated in the blockchain
Step 2/2
Final answer
All of the following describe Blockchain -
1. Blockchain is continuosly and simultaneously updated and verified