Question

What is the influence of new technology on society?

Answer 1

Answer:

E. New technology is beneficial but can also be used in a detrimental way.

Explanation:

New technology such as cryptocurrency (powered by blockchain technology) can be regarded as a welcome development that has benefited the society in so many good ways. However, cryptocurrency as a new technology also has disadvantages it presents to the society. One of such negative influence cryptocurrency has is that it can be used for illicit activities such as money laundering, funding terrorism and so on.

So, in summary, we can conclude that:

"New technology is beneficial but can also be used in a detrimental way."