Why is it Called “Blockchain”? Blockchain owes its name to how it works and the manner in which it stores data , namely that the information is packaged into blocks, which link to form a chain with other blocks of similar information.
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Blockchain MCQ with Answers A blockchain is a centralized digital ledger consisting of records called blocks . B. A blockchain is a decentralized, distributed, digital ledger consisting of records called blocks.
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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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