Asked by Richard Lanza on May 02, 2024
Verified
___________ is a digital or virtual currency that uses cryptography for security,making it difficult to counterfeit.
A) Internet check
B) Electronic check
C) Virtual voucher
D) Cryptocurrency
Cryptocurrency
Digital or virtual currency that uses cryptography for security, operating independently of a central bank.
Cryptography
The practice and study of techniques for secure communication in the presence of third parties by converting information into a code to prevent unauthorized access.
- Understand the concepts and functions of digital financial instruments, including cryptocurrency and electronic checks.
Verified Answer
ZK
Zybrea KnightMay 07, 2024
Final Answer :
D
Explanation :
Cryptocurrency uses cryptography for security, which makes it difficult to counterfeit, distinguishing it from other forms of digital or virtual payments.
Learning Objectives
- Understand the concepts and functions of digital financial instruments, including cryptocurrency and electronic checks.