Which statement describes data-sharing in a blockchain?

 Which statement describes data-sharing in a blockchain? 

  Which statement describes data-sharing in a blockchain?

A. Organizations share different versions of the same data on their local servers. 

B. Organizations share only data related to money and finance.

C. Organizations share a single version of data. 

D. Organizations share separate versions of data.

 The correct statement is:

c. organizations share a single version of data.


In a blockchain, organizations participating in the network share a single version of data. The blockchain serves as a distributed ledger that is synchronized and replicated across multiple nodes or computers participating in the network. All participants have access to the same data, and any changes or transactions made on the blockchain are recorded and verified by consensus mechanisms.

This shared version of data ensures transparency, eliminates the need for reconciliation between different versions, and enhances trust among participants. It provides a trusted source of truth where all participants can validate and verify the integrity of the data stored on the blockchain.

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