Start learning →

Which problem did bitcoin's blockchain solve without a trusted authority?

ACurrency devaluation
BInterest rate setting
CTransaction taxation
DDouble-spending
Answer & Solution
Correct answer: D. Double-spending
Bitcoin was the first digital currency to stop the same coin being spent twice without any central server.
Practise this question with Quill — CA Final →

Keep practising Accounting and Technology: RPA, Cloud, ERP, Cybersecurity, Blockchain and AI

Browse all Accounting and Technology: RPA, Cloud, ERP, Cybersecurity, Blockchain and AI questions for CA Final, or explore more Financialreporting topics.

Start a Accounting and Technology: RPA, Cloud, ERP, Cybersecurity, Blockchain and AI lesson →
Related questions