Font size
WorksheetsCâu hỏi về Fintech
Total questions: 80
Worksheet time: 48mins
Which company is considered one of the first Fintech startups and has a significant influence during the Fintech 2.0 era?
Bloomberg with Bloomberg Terminal
Amazon
Binance
When did Bitcoin and blockchain technology emerge in the Fintech timeline?
Fintech 1.0
Fintech 2.0
Fintech 3.0
Fintech 4.0
What advantage does a market-based financial system have over a bank-based system?
This system helps accurately value high-tech startups more than banks
This system ensures cheaper capital supply compared to banks for all types of businesses
This system reduces the risk of financial speculation due to higher transparency
This system is less affected by global financial shocks than the banking system
What does P2P stand for? Characteristics of P2P.
peer-to-peer, decentralized finance, bypassing financial intermediaries, direct
partner-to-partner, decentralized finance, bypassing financial intermediaries, indirect
partner-to-partner, decentralized finance, having financial intermediaries, direct
peer-to-peer, decentralized finance, having financial intermediaries, indirect
peer-to-peer, centralized finance, bypassing financial intermediaries, direct
Choose the incorrect answer. The issues of the current financial system are?
Limited access, Inefficiency
Lack of transparency, The linkage between financial services
Centralized control, Limited access
Inefficiency, Lack of transparency
Based on what criteria is the financial market divided into money market and capital market?
Method of financial flow movement
Frequency/Nature of buying and selling financial instruments
Maturity of assets
Method of raising capital
The event that marks the transition from Fintech 2.0 to Fintech 3.0 is ......
Fintech refers to organizations .... , providing c
What is 'Big Data' used for in Fintech?
Adjusting bank structure
Capturing and analyzing large-scale customer data
Creating user interfaces
Controlling paper documents
What is one of the major benefits of Fintech?
Increasing operational costs
Reducing customer response time
Reducing financial fraud risk
Reducing personnel needs
What are the functions of currency?
Medium of exchange
Medium of measuring value
Medium of accumulation
All of the above
Will financial intermediaries ensure 'Transaction consensus'?
True
False
What is the function of the financial system?
Providing methods for transferring economic resources over time, across borders, and between industries
Providing ways to manage risk
Providing mechanisms for pooling resources and distributing ownership in different enterprises
All of the above
What technology is cryptocurrency stored and traded through?
Artificial intelligence
Blockchain
Cloud computing
Internet of Things (IoT)
In the process of 'mining Bitcoin', what do miners compete to do?
Complete the next block and receive a reward
Create the latest Bitcoin
Verify transactions the fastest
Control the value of Bitcoin
How does an effective financial system impact the economy?
Reduces systemic risk and optimizes capital allocation
Maintains stability of fiscal policy
Controls the entire flow
What impact will an effective financial system have on the economy?
Reduce systemic risk and optimize capital allocation
Maintain the stability of fiscal policy
Control the entire flow of capital in the economy
Generate large profits for financial intermediaries
What is the highlight of Fintech 3.0?
The emergence of credit cards
Paper-based transactions
Blockchain technology and cryptocurrencies
Using personal computers
What role does blockchain play in reducing fraud in finance, especially in credit card transactions?
By increasing reliance on traditional fraud detection methods
By providing a transparent and immutable ledger for transaction history
By skipping transaction details
By introducing more intermediaries in transactions
What do miners do in blockchain?
Create new blocks.
Upload videos to the internet.
Distribute cryptocurrencies.
Modify data in blocks.
What is Distributed Ledger Technology (DLT)?
A traditional accounting system
A centralized data storage system
A system that allows information to be stored and shared in a distributed manner
An application of artificial intelligence
Which of the following is not an advantage of DLT?
Minimizing risk due to the absence of a central control point
Increasing transparency and security
Consuming less energy than traditional systems
Eliminating intermediaries in transactions
How is information stored in blockchain?
In a centralized database
In blocks linked together by hash functions
In separate text files
In a spreadsheet on a server
Which application is not a common application of blockchain?
Decentralized finance (DeFi)
Supply chain management
Traditional social networks
NFTs and digital asset ownership
In the Bitcoin network, what is the private key used for?
Encrypting transaction information
Authenticating the transaction recipient
Checking account balance
Storing personal information
What is the private key used for in the Bitcoin network?
Encrypt transaction information
Authenticate the recipient of the transaction
Check account balance
Store personal information
What task do miners perform in the process of mining Bitcoin?
Transfer Bitcoin between wallets
Verify transactions and create new blocks
Create new wallet addresses
Manage private and public keys
What does the Proof of Work algorithm require?
Participants must have many coins to be selected to validate transactions
Solve cryptographic puzzles to add new blocks to the blockchain
Transactions must be validated by a central bank
Transactions must be conducted through a central server
What mechanism helps Bitcoin prevent double spending?
PoW consensus algorithm
Proof of Burn mechanism
Intermediary agency controlling transactions
Centralized storage of transaction data
What is a hard fork in blockchain?
A minor change that does not lose compatibility with old software
A significant change that leads to a split into two different chains
An error that occurs during transaction validation
A method to optimize peer-to-peer networks
What model does the Bitcoin network operate on?
Centralized network
Peer-to-peer network
Hybrid network
Private network
How does Ethereum differ from Bitcoin?
Supports smart contracts
Does not use blockchain
Does not use consensus algorithms
Can only be used as cryptocurrency
In a Bitcoin block, which component ensures the linkage between blocks?
Merkle Root
Hash of the previous block
Timestamp
Nonce
What do miners need to do in the Bitcoin mining process?
Verify the user's digital signature
Solve cryptographic algorithms to find a valid hash
Approve transactions through a bank intermediary
Run software to control Bitcoin prices
What does a 'soft fork' in blockchain mean?
What does a 'soft fork' in blockchain mean?
A change that permanently splits the blockchain into two independent branches
A change that speeds up transactions but is still compatible with the old version
A serious security flaw in the blockchain system
A way to increase the number of Bitcoins that can be mined
What characteristic helps blockchain resist fraud and data forgery?
The ability to quickly edit data
Centralized storage mechanism at the bank server
Immutability and consensus algorithm
Control by a central authority
What are the advantages of distributed ledger technology (DLT)?
Increased system risk
Reduced risk due to lack of a central control point
Lack of security
Cannot be automated through smart contracts
What are the disadvantages of distributed ledger technology (DLT)?
Easily scalable
Low energy consumption
More complex than traditional ledger solutions
No risk due to lack of regulation
What supporting technologies does blockchain technology include?
Security, ledger, distributed, incentive mechanism, consistency
Security, ledger, centralized, incentive mechanism, consistency
Security, ledger, distributed, incentive mechanism, inconsistency
Security, ledger, distributed, incentive mechanism, no consensus algorithm
What mechanism does Bitcoin mining rely on?
Proof of Stake (PoS)
Proof of Work (PoW)
Proof of Authority (PoA)
Proof of Space (PoSpace)
In Ethereum, why is the transition from Proof of Work (PoW) to Proof of Stake (PoS) considered an important improvement?
Because PoS helps increase transaction speed and reduce energy consumption compared to PoW.
Because PoS requires more mining devices than PoW.
Because PoS does not need to use smart contracts.
Because PoS does not require any form of encryption.
Which of the following characteristics is of Proof of Stake (PoS)?
High energy consumption
Requires strong mining equipment (ASIC, GPU)
Lower transaction fees
Slower transaction speed
In blockchain technology, why is the use of smart contracts considered a significant advancement over traditional systems?
Because smart contracts allow for the automation of agreements and execution of terms without third-party intervention.
Because smart contracts require third-party intervention to execute.
Because smart contracts do not need to use encryption.
Because smart contracts can only be used in cash transactions.
In the Bitcoin network, why is the use of private keys and public keys important?
Because the public key is used to encrypt transaction messages, and the private key is used to decrypt and verify the validity of the transaction.
Because both private and public keys are used to encrypt transaction messages.
Because the private key is used to encrypt transaction messages, and the public key is used to decrypt and verify the validity of the transaction.
Because both private and public keys are used to decrypt transaction messages.
What is the main difference between CBDC and Stablecoin?
CBDC has a higher volatility than stablecoin.
CBDC cannot be used for cross-border payments.
Stablecoin has more financial power than CBDC.
CBDC is issued by the central bank, while stablecoin is issued by private companies.
What types of assets can stablecoins be backed by?
Fiat money (USD, EUR).
Cryptocurrencies like Bitcoin, Ethereum.
Precious metals like gold.
All of the above.
What is digital asset?
Anything created and stored digitally that can be identified and has value.
Just cryptocurrency.
Just digital data.
Just images and documents.
What is a token in the financial field?
A code or symbol representing access or ownership rights in a system.
A type of traditional currency.
A type of physical asset.
A type of smart contract.
What is the application of NFT?
A form of cryptocurrency that can be replaced like Bitcoin.
Just digital data representing ownership or authenticity.
Used in digital art, collectibles, gaming, metaverse, certificates, copyrights, and tokenization of physical assets.
Can only store simple images and text.
What are the main groups of classified crypto assets?
Payment tokens, utility tokens, asset tokens.
Cryptocurrency, virtual currency, digital currency.
Bitcoin, Ethereum, NFT.
Fiat money, stablecoin, cryptocurrency.
What is the most important difference between Security Token and Utility Token?
Utility Token can be fungible 1:1, while Security Token cannot (non-fungible)
Security Token is always protected by the government, while Utility Token is not
Utility Token only operates on Ethereum, while Security Token runs on Bitcoin
Security Token represents ownership of real assets, while Utility Token is only used to access services
Which of the following is NOT a benefit of tokenizing assets?
Increased transparency through blockchain technology
Reduced legal risks and disputes
Requires approval from central banks to issue
Allows for 24/7 trading without time limits
Which fundraising method requires strict compliance with legal regulations and may grant ownership or profit rights to investors?
ICO (Initial Coin Offering)
IDO (Initial DEX Offering)
IEO (Initial Exchange Offering)
STO (Security Token Offering)
How does cryptocurrency differ from regular digital assets?
Cryptocurrency can exist in physical form (e.g., tokenized real estate)
Digital assets are always stored centrally on an organization's server
Cryptocurrency cannot be transferred or divided
Cryptocurrency uses blockchain to verify ownership, while regular digital assets do not
What characteristic does NFT (Non-Fungible Token) have?
NFT can be copied infinitely but only one person owns the official version on the blockchain.
NFT can be easily copied and redistributed without losing the original value.
NFT can represent both digital assets (art, music) and physical assets (tickets, real estate).
Ownership of NFT is transparently verified through blockchain technology.
What is the main difference between E-money and Cryptocurrency?
E-money is regulated by central banks, while cryptocurrency is not.
E-money can be mined, while cryptocurrency cannot.
Cryptocurrency is backed by fiat money, while E-money is not.
E-money can only be used in direct transactions, while cryptocurrency can be used otherwise.
Which of the following is an application of NFT?
Digital artwork
Educational certificates
Daily payments like cash
Virtual real estate in the Metaverse
If a company wants to issue tokens to raise long-term capital and provide dividends to investors, which method is most suitable?
ICO, because it is easy to implement and low cost.
IDO, because of quick liquidity on DEX.
STO, because it is linked to ownership rights and legal compliance to pay dividends.
IEO, because centralized exchanges support community promotion.
Which of the following is NOT a characteristic of NFT?
Non-Fungibility
Authenticity
Interchangeability like regular cryptocurrency
Programmability
What is Ethereum (ETH)?
A cryptocurrency used only for payments.
A blockchain platform supporting smart contracts and decentralized applications.
A leading decentralized finance company.
A digital currency with no real value.
What is special about the TZROP token?
Cannot be transferred between investors.
Can only be traded on traditional stock exchanges.
Does not provide financial benefits.
What is the special feature of the token TZROP?
Cannot be transferred between investors.
Can only be traded on traditional stock exchanges.
Does not provide financial benefits to investors.
Allows investors to receive dividends from tZERO.
In the Proof-of-Stake (PoS) system, which factor has the greatest impact on network security?
The number of transactions on the chain.
The speed of validation of nodes.
The number of coins staked and the allocation of shares.
The number of miners participating in validation.
What are the outstanding features of blockchain-based payment systems?
Slow transactions and high costs
Transparency, security through cryptography, and low transaction costs
Requires many intermediaries
Features that cannot trace transaction history
Which of the following is NOT a benefit of blockchain in digital payments?
Enhanced security through cryptography
Transparency due to traceable transaction history
Increased transaction fees compared to traditional systems
Reduced transaction time
The Efficient Market Hypothesis (EMH) according to Eugene Fama states that:
Prices in the market do not reflect all available information
New information is gradually reflected in asset prices
Prices always fully and quickly reflect all available information in the market
Only large investors can grasp new information
"Tokenization" in digital asset business is understood as the process of:
Converting digital assets into cryptocurrency
Dividing and trading ownership rights of real assets in the form of tokens
Encrypting transaction information to enhance security
Creating smart contracts to execute transactions
In the application of blockchain for trade finance and supply chains, what is the outstanding strength of this technology?
Increased availability of intermediaries
Automation of financial processes and reduction of fraud
Development of smart contracts without identity verification
Creating a system of coal
What is one of the biggest challenges of Blockchain in payments?
High transaction costs
Scalability limitations
Inability to conduct cross-border transactions
Lack of support from banks
What does the Marco Polo network use blockchain for?
Issuing new cryptocurrency for trade transactions.
Connecting banks, buyers, and suppliers to optimize trade finance.
Completely replacing the traditional banking system.
Only supporting personal transactions, not applicable to businesses.
What does Visa B2B Connect use Blockchain technology for?
Cross-border payments between businesses
Supporting personal cryptocurrency transactions
Managing digital assets
Crowdfunding
Why is the issuance model of a cryptocurrency asset important?
It determines the security level of the network.
It decides the number of miners participating in the network.
It affects the stability of the asset's value over time.
It determines the level of decentralization of the asset.
How can Blockchain help in trade finance?
Increasing complexity in the approval process
Minimizing risks by providing an immutable record
Limiting access to real-time data
Extending the time for invoice payments
Which characteristic of blockchain enhances transparency in the supply chain?
The ability to easily change data
Real-time data accessible by stakeholders
Data concentration in a single organization
Complex and lengthy approval processes
What is the core difference between Blockchain 1.0 and Blockchain 2.0?
Blockchain 1.0 focuses on transaction speed, while Blockchain 2.0 focuses on security.
Blockchain 1.0 is decentralized, while Blockchain 2.0 is centralized.
Blockchain 1.0 supports only cryptocurrencies, while Blockchain 2.0 supports smart contracts.
Blockchain 1.0 is slower than Blockchain 2.0.
What is the core difference between Blockchain 1.0 and Blockchain 2.0?
Blockchain 1.0 focuses on transaction speed, while Blockchain 2.0 focuses on security.
Blockchain 1.0 is mainly applied in currency and payments, while Blockchain 2.0 expands to programmable applications like smart contracts.
Blockchain 1.0 uses the Proof-of-Work consensus mechanism, while Blockchain 2.0 uses Proof-of-Stake.
Blockchain 1.0 is a public blockchain, while Blockchain 2.0 is a private blockchain.
What mechanism does the application of blockchain in supply chain finance bring the benefit of 'optimizing cash flow'?
Encrypting more complex transaction data.
Using faster consensus algorithms.
Facilitating faster approval and payment of invoices through smart contracts.
Completely eliminating the role of traditional financial institutions.
In the digital asset business model using blockchain, which factor below helps optimize transaction processes and ensure safety for digital assets?
Smart Contracts help automate transactions without intermediaries, reducing fraud risk.
Concentrating control of transactions in a single organization to ensure transparency and security.
Integrating AI into blockchain to modify transaction data when needed, enhancing performance and flexibility.
Restricting access to the blockchain so that only the highest authorities can perform transactions.
Valuing cryptocurrency is the process of:
Assessing the technical aspects of the cryptocurrency.
Determining the legal value of the cryptocurrency.
Evaluating the total economic value of a cryptocurrency.
Analyzing the transaction history of the cryptocurrency.
