South Koreans will soon be able to use cryptocurrency as payment in 6,000 stores

South Koreans will soon be able to use cryptocurrency as payment in 6,000 stores

Assessment

Interactive Video

Science, Business

11th Grade - University

Hard

Created by

Quizizz Content

FREE Resource

Bit Thumb has partnered with a digital payment service to promote crypto adoption. Barcodes in mobile apps will allow users to pay with cryptocurrencies at physical stores. The payment system will initially be available at 6000 retail outlets, expanding to 8000 by the end of 2018. Additionally, Bit Thumb has signed an agreement with a Korean travel website to enable hotel and accommodation bookings using cryptocurrencies.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main goal of Bit Thumb's partnership with a digital payment service operator?

To allow consumers to pay for goods using cryptocurrencies

To increase the number of cryptocurrencies available

To create a new mobile app for trading

To develop a new cryptocurrency

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many retail outlets are expected to support the new payment system by mid-year?

7000

5000

4000

6000

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

By the end of 2018, how many outlets could potentially support the payment system?

10000

7000

8000

9000

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of website has Bit Thumb partnered with to allow cryptocurrency bookings?

A food delivery website

A social media website

A travel website

An e-commerce website

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What can customers book using cryptocurrency on the partnered travel website?

Concert tickets

Car rentals

Flights

Hotels and accommodations