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State the main benefits of blockchain technology

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Reference no: EM133168898

1. State the main benefits of Blockchain Technology. Why would an organization be interested in these benefits?

2.There are a number of types of encryption used for various blockchains. Pick one and describe what it is and why you might use that one over another. What benefits does it have? Drawbacks?

3. What exactly is a Merkle tree? Why should anyone care about it?

4. What is the difference between a blockchain that is proof-of-work vs one that is proof-stake?

Reference no: EM133168898

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