With reference to Blockchain Technology consider the following statements: 1. It is a public ledger that everyone can inspect, but which no single user controls. 2. The structure and design of blockchain is such that all the data in it are about cryptocur

examrobotsa's picture
Q: (IAS/2020)
With reference to “Blockchain Technology” consider the following statements:
1. It is a public ledger that everyone can inspect, but which no single user controls.
2. The structure and design of blockchain is such that all the data in it are about cryptocurrency only
3. Applications that depend on basic features of blockchain can be developed without anybody’s permission.

Which of the statements given above is/are correct?

question_subject: 

Science & Technology

question_exam: 

IAS

stats: 

0,169,45,17,16,12,169

keywords: 

{'blockchain': [0, 0, 0, 1], 'blockchain technology': [0, 0, 0, 1], 'public ledger': [0, 0, 0, 1], 'cryptocurrency': [0, 0, 0, 1], 'design': [0, 0, 1, 4], 'applications': [0, 0, 0, 3], 'structure': [7, 0, 5, 8], 'single user controls': [0, 0, 0, 1], 'basic features': [1, 0, 0, 4], 'data': [1, 1, 7, 9]}