Hub Is Trying to Use Blockchain to Create New Trust Layer on Internet, CEO Ly Says

Hub Is Trying to Use Blockchain to Create New Trust Layer on Internet, CEO Ly Says

Assessment

Interactive Video

Business, Information Technology (IT), Architecture, Performing Arts

University

Hard

Created by

Quizizz Content

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The video discusses the challenges of global trade tensions and online trust deficits, highlighting the role of blockchain as a new trust layer on the Internet. It explores the impact of trade tensions on innovation, the hype cycle of cryptocurrencies, and the potential of blockchain to enhance trust and economic opportunities. Lessons from LinkedIn are applied to building trust on blockchain, emphasizing user control and reputation. The video also examines blockchain's immutability, its practicality in the financial sector, and the ongoing evolution of technology.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the implications of the growing trust deficit in the online world?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does blockchain aim to create a new trust layer on the Internet?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential economic benefits of increased trust on the Internet?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the hype cycle affect the perception of cryptocurrencies?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What lessons from LinkedIn can be applied to building trust on the blockchain?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges does blockchain face in the financial sector?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways can blockchain enhance trustworthiness in user interactions?

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