Digital World of Money

Any form of money or payment that exists only in electronic form

• Tangible form of money

• Physical cash

• Digital money or digital currency

Example of cryptocurrency

• A. Bitcoin

• B. Ethereum

• C. Litecoin

• A & C

• All of the above

Cryptocurrency refers to...

• A. exists through decentralized networks based on blockchain technology

• B. a type of digital money that is secured by cryptography

• C. they are not issued by a central bank or government

• B & C

• All of the above

The peso is the official currency of which three countries listed below?

• Argentina

• Philippines

• Indonesia

• Cuba

• Malaysia

Select 3 Cryptocurrency symbols

• PHP

• BTC

• AUD

• LTC

• ETH

What are the 3 most traded Cryptocurrencies worldwide?

• USDT

• BTC

• ETH

• USD

• PHP

Identify 3 examples of a FinTech company

• PayPal

• PayMaya

• Casalo

• GCash

• PayGoyo

(a)   is one significant risk that can be attributed to the increasing use of digital money

Give one example of common forms of payments fraud

(a)  

The emergence of digital money also gives rise to opportunities for (a)   to gain access to sensitive information or scam people.