A company wishes to begin the process of implementing a Multi-party System and is looking for other companies with similar interests to join them. With blockchain, every organization sees the same data. What does this provide?
A. Ownership
B. Intent
C. Uniqueness
D. Trust
E. I don't know this yet.
The Correct Answer is D. Trust.
If a company wishes to begin the process of implementing a Multi-party System and If company uses blockchain to see the data.It provides trust among all the organizations.
Blockchain is listing of records in form of blocks.and these blocks are linked using cryptography.So,Using Blockchain all the Organizations can access the same data such that nothing is hidden from partners and transparency is maintained.
This transparency builds trust between two or more companies who wants to join each other on basis of similar interests.