Blockchain Permission Frameworks Quiz

Public blockchains restrict access to known entities, while private blockchains allow anyone to participate

Public blockchains prioritize confidentiality, while private blockchains offer transparency

Public blockchains offer transparency, while private blockchains prioritize confidentiality

Public blockchains allow anyone to participate, while private blockchains restrict access to known entities (correct)

The need for openness versus controlled access (correct)

The trade-off between security and privacy

The importance of data privacy against transparency

The level of data encryption required

Public blockchains prioritize confidentiality but may lack transparency, while private blockchains offer transparency but may compromise sensitive financial data

Public blockchains and private blockchains both offer transparency

Public blockchains and private blockchains both prioritize confidentiality

Public blockchains offer transparency but may compromise sensitive financial data, while private blockchains prioritize confidentiality but may lack transparency (correct)

<p>The importance of data privacy against the need for transparency (C)</p> Signup and view all the answers

<p>Ensures transparency and trust in transactions (B)</p> Signup and view all the answers

<p>Makes transactions faster and reduces mistakes (A)</p> Signup and view all the answers

<p>Innovative ways of doing business (C)</p> Signup and view all the answers