Which statement describe data sharing in a blockchain?

Which statement describe data sharing in a blockchain?


Question: Which statement describe data sharing in a blockchain?

One of the most amazing features of blockchain technology is data sharing. Data sharing means that everyone who participates in a blockchain network can access and verify the information stored on the ledger. This creates a high level of transparency, trust and security for the users. Data sharing also enables collaboration and innovation, as different parties can exchange data and value without intermediaries or barriers. Data sharing is the essence of decentralization, which is the core principle of blockchain.

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