New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Which of the following is not a potential use case for

    blockchain technology?
    A Supply chain management Correct Answer Incorrect Answer
    B Cryptocurrency transactions Correct Answer Incorrect Answer
    C Voting systems Correct Answer Incorrect Answer
    D Centralized data storage Correct Answer Incorrect Answer

    Solution

    Blockchain defined: Blockchain is a shared, immutable ledger that facilitates the process of recording transactions and tracking assets in a business network. An asset can be tangible (a house, car, cash, land) or intangible (intellectual property, patents, copyrights, branding).

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