Digital Currency

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Questions and Answers

Which term refers to the process of extracting useful information from large datasets?

  • Cryptocurrency
  • Virtual currency
  • Electronic currency
  • Data mining (correct)

Which term is used to describe a type of digital currency that uses cryptography for security?

  • CBDC
  • Cryptocurrency (correct)
  • Digital currency
  • Virtual currency

Which term is used to describe a digital or virtual form of money that is decentralized and operates independently of a central bank?

  • Cryptocurrency
  • Digital currency
  • CBDC (correct)
  • Electronic currency

Which term is used to describe a type of digital currency that uses cryptography for security?

<p>Virtual currency (A)</p> Signup and view all the answers

Which term refers to the process of extracting useful information from large datasets?

<p>Data mining (A)</p> Signup and view all the answers

Which term is used to describe a digital or virtual form of money that is decentralized and operates independently of a central bank?

<p>Cryptocurrency (A)</p> Signup and view all the answers

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