Distributed Ledger Technology Works Alongside Centralized Entities for Record Storage

question 44

True/False

Distributed ledger technology works alongside centralized entities for record storage.

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Definitions:

Proxy

An authorization granted by a shareholder for another person, often a company manager, to vote on their behalf at a company meeting or shareholders' vote.

Shareholder

An individual or entity that owns shares in a company, giving them certain rights such as voting on corporate matters.

Civil Penalty

A fine or other penalty imposed by a civil court on an entity found to have committed a violation or infraction.

Inside Information

Privileged, non-public information about a corporation or its securities that could provide an unfair advantage if used in trading.