The Future of Finance
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Questions and Answers

What is Lachain?

  • A new type of cryptocurrency
  • The next financial system (correct)
  • A detailed plan for the future
  • A technology that outperforms any industry
  • What is the role of blockchain in the future, according to the text?

  • To replace private banks and political systems (correct)
  • To enforce property rights over money and assets
  • To facilitate IPOs for startups
  • To reduce costs of opening accounts worldwide
  • What is the main driver for the major changes in the next 10 years, according to the text?

  • Blockchain (correct)
  • Presidents, ministers, and billionaires
  • The principles of freedom and responsibility
  • The dawn of new use cases
  • What is the significance of blockchain according to the text?

    <p>It will outperform any technology and industry in history</p> Signup and view all the answers

    What are some of the benefits of blockchain, as mentioned in the text?

    <p>Reducing costs of opening accounts worldwide</p> Signup and view all the answers

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