2018
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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For hospital networking
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To record government services
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To reduce cybercrime
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To secure land records
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Detailed explanation-1: -The goal of blockchain is to allow digital information to be recorded and distributed, but not edited. In this way, a blockchain is the foundation for immutable ledgers, or records of transactions that cannot be altered, deleted, or destroyed.
Detailed explanation-2: -Blockchain for business is valuable for entities transacting with one another. With distributed ledger technology, permissioned participants can access the same information at the same time to improve efficiency, build trust and remove friction.
Detailed explanation-3: -Blockchains can reduce the time, cost and risks of managing sensitive information by providing an immutable and transparent audit trail for regulatory compliance, contract management, identity management and citizen services. Any process can suffer from friction.