chapter 7

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Last updated 7:37 PM on 8/11/26
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6 Terms

1
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disruptive innovation

technologies that create market shocks and catalyze growth

2
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blockchain

decentralized digital ledger recording transactions across a network, where everyone holds the same copy

3
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decentralization

no single entity controls the data

4
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security

cryptography (using math to scramble data into a code) protects data from unauthorized access

5
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transparency

everyone can view transaction history, promoting trust

6
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immutability

once recorded, data can’t be changed, ensuring a permanent record