How technology is increasing digital currency and payment options

How technology is increasing digital currency and payment options

Assessment

Interactive Video

Business, Information Technology (IT), Architecture

University

Hard

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The video explores the evolution of payment methods from ancient coins to modern digital platforms. It highlights the role of social media and mobile apps in facilitating transactions, with Jack Dorsey and Square leading innovations. The introduction of Paym allows instant transfers, contrasting traditional banking delays. The potential of digital currencies like Bitcoin is discussed, emphasizing a shift towards decentralized financial systems that bypass traditional banks and governments.

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1 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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