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
All of the following describe blockchain:
blockchain cannot verify and facilitate Bitcoin transactions
blockchain is a less s
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