Comprehensionhard · Past Paper
Read the passage: Cryptocurrencies, though volatile, represent a significant innovation in the financial sector. They utilize blockchain technology to ensure transparency and security, bypassing traditional banking intermediaries. Question: What is the primary technological foundation of cryptocurrencies according to the passage?
AStandard encryption
BBlockchain technology
CCentral bank servers
DSocial media platforms
✓ Correct Answer: B — Blockchain technology
The passage states that cryptocurrencies utilize blockchain technology.
Share this question
More from Comprehension
- Read the passage: Artificial Intelligence (AI) is the simulation of human intelligence by machines. It is used in many fields like medicine, finance, and transportation. AI has the potential to solve complex problems. Question: In which fields is AI being used?
- The city implemented a new recycling program, and the amount of trash in the landfill decreased by half. What can be concluded?
- The woman looked at the bill, then at the small portion of food on her plate, and raised her eyebrow at the waiter. What is she thinking?
- Passage: AI is being used in various fields such as healthcare, where it helps in diagnosing diseases, and in transportation, for developing self-driving cars. Q32. In which field is AI used to help diagnose diseases?
- The alarm clock went off, but Ramesh pulled the blanket over his head. How does Ramesh feel?