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Basics of Blockchain
Unit 1
What is Blockchain
Introduction to Blockchain Technology
Blockchain vs. Traditional Database
Blockchain Use Cases
Unit 2
How Blockchain Works
Blockchain Structure and Components
Consensus Mechanisms in Blockchain
Transaction Processing in Blockchain
Unit 3
How Blockchain is Going to Change the World
Blockchain and Financial Services
Blockchain and Supply Chain Management
Blockchain and Healthcare
Blockchain and Voting Systems
Unit 3 • Chapter 2
Blockchain and Supply Chain Management
Summary
Concept Check
What is a potential benefit of using blockchain in supply chain management?
Improved transparency and traceability.
Decreased security measures.
Limited data sharing capabilities.
Increased operational costs.
How does blockchain technology enhance supply chain security?
By storing information on centralized servers.
By reducing the need for verification processes.
By adding layers of complexity to data exchange.
By providing immutable and transparent record-keeping.
What is a challenge of implementing blockchain in supply chain management?
Reduced data security concerns.
Integration with existing systems and processes.
Simplified data validation procedures.
Limited scalability potential.
Check Answer
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Blockchain and Financial Services
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Blockchain and Healthcare