With reference to "Blockchain Technology", consider the following statements: 1. It is a public ledger that everyone can inspect, but which no single user controls. 2. The structure and design of blockchain is such that all the data in it are about cryptocurrency only. 3. Applications that depend on basic features of blockchain can be developed without anybody's permission. Which of the statements given above is/are correct?
A.1 and 2 only
B.1 and 3 only✓ Correct
C.2 only
D.1 only
Explanation
Blockchain is a decentralised public ledger and is permissionless for applications. However, blockchain can store any data, not only cryptocurrency-related information.
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