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| blkchn4.001&esa&1&N&Through resource sharing and consolidation,  | |
| ;blockchain applications offer the advantages of  | |
| ;simplification by logically centralizing  | |
| ;processes while mitigating multiple negative  | |
| ;effects of operating over a ___________  | |
| ;_______.&distributed network&&Through resource sharing and consolidation,  | |
| ;blockchain applications offer the advantages of  | |
| ;simplification by logically centralizing processes  | |
| ;while mitigating multiple negative effects of  | |
| ;operating over a distributed network.&&&&undefined.0&&&&&1&&&N.
blkchn4.002&esa&0&N&Part of the security of a blockchain is derived 
;from the fact that recorded transactions are
;_________ and immediately propagated to all 
;copies of the ledger residing across the 
;network, creating a permanent historical 
;record.&immutable&&Part of the security of a blockchain is derived 
;from the fact that recorded transactions 
;are<br>immutable and immediately propagated to all 
;copies of the ledger residing across the network, 
;creating a permanent historical record.&&&&undefined.0&&&&&1&&&N.
blkchn4.003&esa&0&N&____________ means once a record is added it
;cannot be altered or deleted, ever.&immutable&&Immutable means once a record is added it<br>cannot be 
;altered or deleted, ever.&&&&undefined.0&&&&&1&&&N.
blkchn4.004&esa&0&N&A digital ________ can be tangible or intangible
;property that one party either owns or controls.
;The information recorded for each transaction
;includes all the related documents like
;contracts, orders, invoices, pictures,
;certificates, or other artifacts, which remain 
;viewable to
;permissioned parties forever.&asset&&A digital asset can be tangible or 
;intangible<br>property that one party either owns 
;or controls.<br>The information recorded for each 
;transaction<br>includes all the related documents 
;like<br>contracts, orders, invoices, pictures,
;<br>certificates, or other artifacts, which remain 
;viewable to<br>permissioned parties forever.&&&&undefined.0&&&&&1&&&N.
blkchn4.005&esa&0&N&Since blockchain applications function across a 
;peer-to-peer
;network without a central hub, copies of the single 
;shared
;ledger of these chained blocks of transaction 
;records are
;replicated and synchronized across nodes around the 
;network,
;which is why it is called a ___________ ledger.&distributed&&Since blockchain applications function across a 
;peer-to-peer<br>network without a central hub, 
;copies of the single shared<br>ledger of these 
;chained blocks of transaction records 
;are<br>replicated and synchronized across nodes 
;around the network,<br>which is why it is called a 
;distributed ledger.&&&&undefined.0&&&&&1&&&N.
blkchn4.006&esa&0&N&A blockchain ledger is either open to the public, or 
;requires
;__________ to access.&permission&&A blockchain ledger is either open to the public, or 
;requires<br>permission to access.&&&&undefined.0&&&&&1&&&N.
blkchn4.007&esa&0&N&Permissioned blockchain applications are far less 
;___________
;to design and manage than public implementations, 
;and are
;rapidly expanding into numerous other industries 
;like medical,
;pharmaceutical, the food industry, insurance, and
;manufacturing.&complicated,convoluted&&Permissioned blockchain applications are far less 
;complicated<br>to design and manage than public 
;implementations, and are<br>rapidly expanding into 
;numerous other industries like medical,
;<br>pharmaceutical, the food industry, insurance, 
;and<br>manufacturing.&&&&undefined.0&&&&&1&&&N.
blkchn4.008&esa&0&N&Blockchain has improved global money remittance 
;through the use of smart _________
;and automated banking ledgers.&contracts&&Blockchain has improved global money remittance 
;through the use of smart contracts and automated 
;banking ledgers.&&&&undefined.0&&&&&1&&&N.
blkchn4.009&esa&0&N&The actual business contracts and related
;documents and files are embedded into the ledger 
;making a
;permanent ________ for each transaction.&record&&The actual business contracts and related documents 
;and files are embedded into the ledger making a 
;permanent record for each transaction.&&&&undefined.0&&&&&1&&&N.
blkchn4.010&esa&0&N&The blockchain industry is relatively young. The 
;company __________ has
;been credited for bringing a new paradigm and the 
;second
;generation of blockchain technology.ðereum&&The blockchain industry is relatively young. Ethereum 
;has been credited for bringing a new paradigm and the 
;second generation of blockchain technology.&&&&undefined.0&&&&&1&&&N.
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