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CAF-3 · Chapter 12 · Question 4 of 15

What is the specific purpose of "hashing" in a blockchain environment?

Test yourself: pick an answer

Reveal answer & explanation

Correct answer: B) To create a unique digital fingerprint of the data within a block

Explanation

Hashing is used to create a unique digital fingerprint for the data in a block, linking it securely to the previous block in the chain . --------------------------------------------------------------------------------

All 15 questions in Chapter 12Fintech & Blockchain Applications MCQs with answers

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