The main advantage of blockchain over conventional ways to manage transactions across supply chain partners is:
A. Unnecessary transactions are blocked from occurring.
B. There is no need for a central authority to validate transactions.
C. Blockchains are easy to construct.
D. Legal documents are no longer required.
B. There is no need for a central authority to validate transactions.
Explanation:
Because all parties engaged in a blockchain track and approve transactions, there is no longer a need for a central authority (such as a bank or logistics provider) to validate them or to serve as a central manager of the information.
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