ACC5044-Week 3

Which company significantly contributed to the popularization of online payments in 1998?

• Apple

• PayPal

• Google

• Samsung

1. How do e-wallet providers primarily generate revenue?

• Subscription fees

• Transaction fees or a percentage of transaction amounts

• Interest on loans only

• Selling user data

1. What distinguishes cryptocurrencies from traditional fiat currencies?

• They are always backed by gold

• They are issued by central banks

• They operate independently of any central authority

• They are less valuable than fiat currencies

What are CBDCs designed to combine?

• The volatility of cryptocurrencies and fiat currencies

• The benefits of digital currencies with the stability of traditional fiat currencies

• The anonymity of cryptocurrencies and the regulation of fiat currencies

• The decentralization of cryptocurrencies and the control of central banks

What type of crowdfunding involves backers becoming part of the future company?

• Donation-based crowdfunding

• Reward-based crowdfunding

• Equity-based crowdfunding

• Loan-based crowdfunding

1. Which business model is prevalent in the peer-to-peer (P2P) industry?

• The marketplace model

• The subscription model

• The freemium model

• The donation model

What marked the early development of robo-advisory platforms?

• The 1990s internet boom

• The aftermath of the 2008 financial crisis

• The 2010 social media revolution

• The 2000 dot-com bubble

What technologies have been crucial in the growth of robo-advisory services?

• Virtual reality and augmented reality

• Artificial intelligence, machine learning, and big data analytics

• 3D printing

• Blockchain and cryptocurrencies

How do robo-advisory platforms typically generate revenue?

• By selling advertisements

• Through asset-based fees

• By offering free services

• Commission on trades

What is one of the primary goals of e-wallet providers?

• To decrease the number of users

• To limit the types of available transactions

• To acquire a large user base and establish market presence

• To focus solely on offline transactions