Why Is Blockchain Important

question 44

Multiple Choice

Why is Blockchain important?

• A) It allows for a secure, global, and peer to peer record of data
• B) It provides anonymity when making transactions
• C) It is a free, trusted bank
• D) It replaces all ledgers
• E) All of the above

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Definitions:

Truck Data Bus

A communication system within a truck that allows for the exchange of data between electronic control units (ECUs) and devices.

Vehicle Computer Processing

The computing systems within a vehicle that manage various functions such as engine operation, navigation, and infotainment.

Algorithm

Software term that describes a programmed sequence of operating events; the rules and conditions for producing a processing outcome from a computer. This is also known by some OEMs as mapping.

Cycle

A sequence of operations or events that repeats, such as in machinery operation, biological processes, or computational logic.