Question

The Blockchain Technology that Underlies the cryprocurrency phenomenon may be applied across many areas of the economy because

	A.	Theses businesses need something to do
	B.	You can use colors to trade electronically
	C.	If the price of Bitcoin rises these businesses will make a killing
	D.	It allows for decentralized agreements, execution of these agreements and encrypted security protocols

Answer 1

Answer:

Correct answer is:

D. It allows for decentralized agreements, execution of these agreements and encrypted security protocols

Explanation:

Blockchain Technology allows the users to share their transactions records which the participants can validate. As such there is no need of any intermediary. The Distributed Ledger Technology helps form distributed peer to peer economy without any intermediaries.

As such option D is correct and options A, B and Care incorrect.