Chapter C1 Flashcards
1
Q
True / False: Blockchain technology is widely discussed as a way to enhance the reliability of big data.
A
True.
2
Q
Digital currency firms only need approval for changes that are proposed to…
A
an existing product, an existing service, an existing activity
3
Q
Blockchain technology offers many new solutions to track…
A
ownership, origin, authenticity
4
Q
Blockchain technology…
A
is being discussed as a way to enhance the reliability of big data,
looked at as a way to solve the trust issue involved in sharing data between two or more parties that don’t have aligned incentives,
offers many new solutions
5
Q
KYC stands for…
A
Know Your Customer
