Blockchain mainly works on which of the following characteristics of data?AvailabilityOriginalityAuthenticityAnalytics
Question
Blockchain mainly works on which of the following characteristics of data?
- Availability
- Originality
- Authenticity
- Analytics
Solution
Blockchain mainly works on the Authenticity characteristic of data.
Here's a step-by-step explanation:
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Blockchain is a type of distributed ledger technology that stores data across multiple systems in a network to ensure data security and transparency.
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The main characteristic of data that blockchain works on is Authenticity. This is because each transaction on a blockchain is encrypted and linked to the previous transaction.
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This forms a chain of blocks (hence the name 'blockchain') where each block contains a unique code called a hash. This hash is created from the transaction data and ensures that the data is authentic and hasn't been tampered with.
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If someone tries to alter the data in a block, the hash will change and it will no longer match with the hash stored in the next block. This makes the blockchain secure and ensures the authenticity of the data.
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While blockchain also ensures the availability and originality of data, its main focus is on the authenticity of the data. Analytics is not a primary characteristic of data that blockchain works on.
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