🎴 Flashcard Mode
Exploring the Applications of Blockchain in Finance and Banking
Card1 / 15
Mastered0
Review0
QuestionClick to flip
Which of the following is not a potential benefit of using blockchain in finance and banking?
AnswerClick to flip back
A
Increased centralization
💡 Explanation:
Blockchain is a decentralized technology, which means that it is not controlled by any single entity. This makes it more transparent and secure than traditional centralized systems.