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General conditions of use of the 3Achain platform (PRO user) A. PREMISES 1. This document establishes the contractual conditions of use by professional users of the permissioned distributed ledger

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What is blockchain and distributed ledger?

Blockchain is a decentralized, distributed ledger technology that securely records transactions across a network of computers. Distributed ledger is a type of database that is spread across multiple sites, institutions, or geographies.

Who is required to file blockchain and distributed ledger?

Companies or entities that utilize blockchain technology for recording transactions are generally required to file blockchain and distributed ledger.

How to fill out blockchain and distributed ledger?

Blockchain and distributed ledger can be filled out by recording all relevant transaction details in the designated format specified by regulatory authorities.

What is the purpose of blockchain and distributed ledger?

The purpose of blockchain and distributed ledger is to provide a secure, transparent, and immutable record of transactions, reducing the risk of fraud and increasing efficiency.

What information must be reported on blockchain and distributed ledger?

All details of transactions, including date, time, parties involved, and transaction amounts, must be reported on blockchain and distributed ledger.

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