Blockchain software replaces paper-based transaction records with digital-based records to reduce the complexity of what?
A) tax reporting
B) tracking documentation
C) employee time reports
D) MRP systems
E) daily sales reports

Question

Quizplus · Accepted Answer

Blockchain software replaces paper-based transaction records with digital-based records to reduce the complexity of tracking documentation. By using blockchain, all parties can access the same information in real-time, eliminating the need for paper trails and manual tracking. It also provides increased transparency, security, and accuracy of the transaction records.

Blockchain Software Replaces Paper-Based Transaction Records with Digital-Based Records to Reduce