a company wishes to begin the process of implementing a multi-party system and is looking for other companies with similar interests to join them. with blockchain, every organization sees the same data. what does this provide?

5 hours ago 1
Nature

With blockchain, when every organization sees the same data, this provides trust among the participating parties. The shared and transparent data eliminates the need for trust in a single entity, as all involved organizations have access to the same information, fostering trust and transparency across the system. This is one of the primary benefits of a multi-party system based on blockchain technology, ensuring data integrity, transparency, and collaborative reliability without relying on a central authority.