With reference to “Blockchain Technology”, consider the following statements:
I. It is a form of public ledger which can be viewed but cannot be controlled by any single user.
II. The structure and design of blockchain is such that all the data in it are about cryptocurrency only.
III. The blockchain is not only about the cryptocurrency but it turns out that blockchain is actually a pretty reliable way of storing data about other types of transactions, as well.
Which of the statements given above is/are correct?
Statement I is correct - A blockchain is a form of public ledger, which is a series (or chain) of blocks on which transaction details are recorded and stored on a public database after suitable authentication and verification by the designated network participants. A public ledger can be viewed but cannot be controlled by any single user. Statement II is not correct - In fact, blockchain technology can be used in property exchanges, bank transactions, healthcare, smart contracts, supply chain, and even in voting for a candidate. Statement III is correct - The blockchain is not only about the cryptocurrency but it turns out that blockchain is actually a pretty reliable way of storing data about other types of transactions, as well.
Which of the following Schedule describes Rajya Sabha seats?
With reference to different Sources of constitutional features, consider the following pairs:
Article __ of the Indian Constitution ensures Abolition of Untouchability.
Which of the following is not correct with reference to the rights guaranteed under the Right to Freedom of Religion?
The idea of a Constituent Assembly of India was first put forward by:
TRIPS is the term associated with
Which of the following Articles of the Indian Constitution grants special provision to the eastern states of India?
Jawaharlal Nehru was the chairman of which of the following committees of the constituent assembly?
1. Union Powers Committee
2. States Co...
Constitution prescribes imposition of Presidents Rule in a state if:
1. The state fails to comply with any direction from the Centre on matters ...
Prime minister of INDIA is?