Quiz 1.2 - What is Cryptocurrency - XRP Ledger

What is the name for converting a physical asset into a digital token?

A) Tokenization

B) Fungibility

C) Blockchain

D) Cryptocurrency

What is the name of a digital asset that can represent a share of a company?

A) Security token

B) Stablecoin

C) NFT

D) Bitcoin

What makes an asset non-fungible?

A) It is digital

B) It is unique

C) It is stored on a blockchain

How are cryptocurrency transactions secured?

A) Cryptography

B) A central authority verifies them

C) Strong passwords

Where do cryptocurrencies live?

A) In a physical wallet

B) In a software wallet

C) On the blockchain