What Are the Advantages and Disadvantages of Distributed Autonomous Site

question 11

Essay

What are the advantages and disadvantages of distributed autonomous site deployment?

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Definitions:

Negotiable Instrument

A signed document promising payment to a specified person or the bearer under certain conditions, like checks, drafts, and promissory notes.

Indorser's Liability

The responsibility borne by a person who endorses a negotiable instrument, such as a check, potentially making them liable for its payment.

Presentment

The formal presentation of a financial instrument, such as a check, for payment.

Dishonor

The failure to pay or accept a negotiable instrument that has been properly presented.