Blockchain Refers to a Technology That

question 5

Multiple Choice

Blockchain refers to a technology that:

• A)uses a distributed ledger system of transactions.
• B)uses a centralized data store in the cloud.
• C)relies on the Internet to provide secure transactions.
• D)uses existing banking systems to transfer funds.
• E)relies on peer-to-peer networks.

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Definitions:

Market Price

The present cost for purchasing or selling an asset or service within a specific market.

Fishery Identification

The process of classifying and recognizing different fish species, important for managing and conserving fish populations.

Location

The specific place or position where something exists or is situated, often specified in terms of geographical coordinates.

Explicit Property Right

A clear and legally enforceable claim or entitlement to own, use, and dispose of an asset or property.