What secure record-keeping system holds immense potential for supplychain management, secure financial transactions, and voting systems?*0 pointsInternet of Things (IoT)3D PrintingBlockchainElectric Vehicles
Question
What secure record-keeping system holds immense potential for supplychain management, secure financial transactions, and voting systems?*0 pointsInternet of Things (IoT)3D PrintingBlockchainElectric Vehicles
Solution
The secure record-keeping system that holds immense potential for supply chain management, secure financial transactions, and voting systems is Blockchain.
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Prior research in this field has consistently affirmed the potential of both blockchainand AI as instrumental tools in augmenting the efficacy of various business, organizational,and industrial operations. Consequently, AI and blockchain technologies have been exten-sively adopted across numerous, diverse objectives and fields, underscoring their versatilityand wide-ranging applicability. For instance, in transportation systems, implementingblockchain for smart vehicles can improve the security and privacy of this intelligent vehicleecosystem [97,98]. Furthermore, the combination of these two technologies is prevalent inhealthcare sections. For instance, integrating blockchain and AI for enhanced data analysisand streamlined information flow in cardiovascular medicine [58] and the application of AIand blockchain technology for safeguarding and securing personal data involve empower-ing users with control over the transmission of their personally identifiable information [97].This also showcases the tangible adoption of these technologies in practical settings. Thecombination of AI and blockchain also benefits business units. This integration enhancesmarket processes and ensures secure communication among diverse customers [73]
Which e-commerce payment system utilizes blockchain technology for secure and decentralized transactions?Group of answer choicesBitcoinMobile MoneyGoogle PayPayPal
Blockchain technology, with its decentralized and transparent nature, hasthe potential to:*1 pointIncrease the risk of fraud and financial corruptionFoster economic growth, reduce poverty, and promote sustainabilityLimit financial inclusion and make it more difficult to access financial servicesCreate a more centralized and controlled financial system
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