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Please answer all three questions with a total of 1,000 words and no plagarism! 1. What is...

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Accounting

Please answer all three questions with a total of 1,000 wordsand no plagarism!

1. What is a good working definition of blockchain andcryptocurrencies?

2. How could these technologies drive change in the accountingand finance fields?

3. What are some of the obstacles facing firms trying toimplement blockchain solutions?

Answer & Explanation Solved by verified expert
4.2 Ratings (687 Votes)
1 Block Chain A system in which a record of transactions made in Bitcoin or another Cryptocurrency are maintained across several computers that are linked ina peer to peer network Crypro currency It is a digital Currency in which encryption techniques are used to regulate the generation of units of currency and    See Answer
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