Valentina pic buys and sells very expensive assets internationally. It is critical that the transler of legal tike to the assets is recorded immediately Valentina plc's Chief Executive has read about a technology which allows - automatic execution of defined rules to transfer legal title to an asset and - automatic accounting for the transfer so the same cost and revenue are recognised by both parties This is called A. Machine learning B. Smart contract C. Cognitive technology D. Distributed ledger technology
Valentina pic buys and sells very expensive assets internationally. It is critical that the transler of legal tike to the assets is recorded immediately Valentina plc's Chief Executive has read about a technology which allows - automatic execution of defined rules to transfer legal title to an asset and - automatic accounting for the transfer so the same cost and revenue are recognised by both parties This is called A. Machine learning B. Smart contract C. Cognitive technology D. Distributed ledger technology
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Valentina pic buys and sells very expensive assets internationally. It is critical that the transler of legal tike to the assets is recorded immediately Valentina plc's Chief Executive has read about a technology which allows
- automatic execution of defined rules to transfer legal title to an asset and
- automatic accounting for the transfer so the same cost and revenue are recognised by both parties
This is called
A. Machine learning
B. Smart contract
C. Cognitive technology
D. Distributed ledger technology
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