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All of the following are benefits of blockchain EXCEPT: Improved transparency Increased security Better traceability Enhanced centralized money management Reduced costs

All of the following are benefits of blockchain EXCEPT: Improved transparency Increased security Better traceability Enhanced centralized money management Reduced costs

All of the following are benefits ofblockchainEXCEPT: "Enhancedcentralizedmoney management." Option C is the answer .What is  Blockchain ?Blockchain is adecentralized, digital ledger that enables secure, transparent and tamper-proof record-keeping. It is composed of a network of interconnected nodes that work together to validate and add new blocks of information to the chain. Each block contains a cryptographic hash of the previous block, creating a permanent and immutable record of alltransactions. This technology has potential applications in a wide range of industries, including finance, healthcare, and supply chain management.While blockchain can improvetransparency, security, traceability, and reduce costs, it does not enhance centralized money management. Instead, it operates on a decentralized system, which eliminates the need for a centralized authority.To know more aboutblockchainvisitbrainly.com/question/30269838#SPJ1Complete question -All of the following are benefits of blockchain EXCEPT:A. Improved transparencyB. Increased security Better traceabilityC. Enhanced centralized money managementD. Reduced costs...

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