Blockchain is often associated with Bitcoin and the financial services industry. However, it is applicable to almost every industry. The term Multi-party Systems better describes how the blockchain system is used.
What is a benefit of a Multi-party System?
It can help businesses unlock the trapped value of their data.
Organizations who participate must share data from the same location.
The system now owns the data and can share it as needed.
More employees can be hired to process the data.
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Respuestas
The correct answer is: “It can help businesses unlock the trapped value of their data”
Explanation:
The multi-party system is a business models for companies that wish to enter the world of modern digital ecosystems.
It is an efficient and reliable system for the exchange of tokens and other data that require a lot of security to be processed and transmitted.
In addition, the multi-party system has many in the financial business, payment systems, cryptocurrencies, data security, among others.
Also, its implementation requires corporate alliances and many technological resources on the part of companies that want to create trusted networks.
Finally, transparency is a priority issue in these new digital ecosystems, which allows all users to be sure that their transactions are safe and reliable.
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