Select the correct answer from each drop-down menu.
Identify the emerging technology.
A
is a distributed record which has blocks of data linked cryptographically. One use of this technology is for
, which are unique tokens that can represent an asset.
Identify the emerging technology.
A
is a distributed record which has blocks of data linked cryptographically. One use of this technology is for
, which are unique tokens that can represent an asset.
Answers & Comments
Answer:
A blockchain is a distributed record which has blocks of data linked cryptographically. One use of this technology is for cryptocurrencies, which are unique tokens that can represent an asset ..
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Answer & Explanation:
The emerging technology being described in the question is blockchain.
Blockchain is a distributed record that consists of blocks of data linked together using cryptographic techniques. One prominent use of this technology is for creating digital tokens known as "cryptocurrencies." These unique tokens can represent various types of assets, such as virtual currencies like Bitcoin or Ethereum. The blockchain technology ensures transparency, security, and immutability of the data, making it a valuable tool for digital transactions and asset management.