Open banking and Blockchain

Open banking and Blockchain

University

13 Qs

quiz-placeholder

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Open banking and Blockchain

Open banking and Blockchain

Assessment

Quiz

Special Education

University

Easy

Created by

Vũ Thị Phương Anh 19050616

Used 9+ times

FREE Resource

13 questions

Show all answers

1.

MULTIPLE SELECT QUESTION

20 sec • 1 pt

Media Image

Open banking refers to:

Greater financial transparency options for account holders ranging from open data to private data

The use of open APIs that enable two-party developers to build applications and services around the financial institution

The use of open source technology to achieve the ab

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

How many characteristics of open banking?

Media Image
Media Image
Media Image
Media Image

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Better accessibility to financial operations and increasing costs of financial operations are the advantages of open banking

Media Image
Media Image

4.

MULTIPLE SELECT QUESTION

20 sec • 1 pt

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Enhanced security

Instant traceability

Decreased efficiency and speed

Automation

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Removing regulatory and compliance related risks are the roles of blockchain in open banking?

Media Image
Media Image

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What is the pros when banks use blockchain in payments, especially Cross-Border Payments????????

faster and less expensive with bank blockchain than with traditional systems

If the cross-border payment is made in cryptocurrencies, it can impose certain security-related risks

can impose risks such as “private keys” – variables that are used for digital signatures that can be potentially stolen or lost.

reduce the redundancy of information and thus improve performance.

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

How many types of blockchain systems?

TWO

THREE

FOUR

FIVE

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