Question: Question 1 25 Marks I. State and explain the three major characteristics of money that bitcoin possesses. (6 marks) II. Blockchain implementation provides interoperability solution,

Question 1 25 Marks I. State and explain the three major characteristics of money that bitcoin possesses. (6 marks) II. Blockchain implementation provides interoperability solution, define blockchain interoperability. (3 marks) III. Illustrate five (5) key components of blockchain technology. (10 marks) IV. Give and elaborate three (3) reasons why blockchain is a development in the existing system of data security and data transfer. (6 marks)

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