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With reference to Blockchain Technology, consider the following statements: It is a public ledger that everyone can inspect but no single user controls it; The structure of blockchain is such that all data is about cryptocurrency only; Applications depending on its basic features can be developed without anyone’s permission. Which of the statements are correct?

A. 1 only
B. 1 and 2 only
C. 2 only
D. 1 and 3 only

Explanation: