Which type of blockchain would an accounting department of a large international firm set up to track control testing?
A)Private.
B)Public.
C)Consortium.
D)Supply Chain Block.

Question

Quizplus · Accepted Answer

An accounting department of a large international firm would set up a private blockchain to track control testing as it offers more privacy, security, and control over the network. Private blockchains restrict access to the network, allowing only a select group of authorized users to participate in the network's activities, and are ideal for organizations that require a high level of confidentiality and control over the data.

Which Type of Blockchain Would an Accounting Department of a Large