In which way the technology blockchain and cryptocurrencies can empower the worldwide citizen to a more united and sustainable environment

A vibrant digital illustration depicting a diverse group of people interacting with technology, such as blockchain and cryptocurrency, set against a backdrop of a sustainable and united community.

Empowering Citizens through Blockchain and Cryptocurrencies

Unlock the potential of blockchain technology and cryptocurrencies in fostering a united and sustainable global community. Participate in our engaging quiz to share your insights and learn how these innovations can transform our world.

Test your knowledge on blockchain and cryptocurrency
Explore the philosophy behind Bitcoin and its creator, Satoshi Nakamoto
Discover the diverse applications of blockchain technology

9 Questions2 MinutesCreated by ExploringFuture247

Do you know what was the main goals/philosophy of Satoshi Nakamoto (creator of Bitcoin) when creating Bitcoin?

To develop a digital currency to create an underground currency for the dark web, money laundering

To develop a digital currency in order to get rich out of speculating it

To develop a decentralized and transparent payment system that is independent of financial institutions, who often operate as trusted third parties in online transactions

Other

Please Specify:

What do you think the blockchain is:

Blockchain consists of a list of records. Such records are stored in blocks. These blocks are in turn linked with other blocks and hence constitute a chain called Blockchain

Blockchain technology enables a decentralized peer-to-peer network for organizations or individuals to make transactions

Blockchain technology can serve as a safe platform, for instance, the healthcare sector to store private patient information

All of the above

Have you ever heard about Smart-Contracts?

Yes

If not, here's an explanation of the Smart-Contract : Smart contracts are essentially programs that execute when certain criteria are satisfied and are maintained on a blockchain. They're usually used to automate the execution of an agreement so that all parties may be confident of the conclusion right away, without the need for any intermediaries or time waste

Where do you think the blockchain and the cryptocurrencies can be an effective factor?

You might have heard about NFT (Non-Fungible Token). Do you know other examples of using this technology?

Non-transferable NFT : Digital ID cards or memberships; Certifying achievement; Verifying attendance to an event

Removing fraud in the music industry

Storing medical records and clinical data

Purchasing real estates and lands ownerships

Enabling true ownership of digital art

All of the above

In which way the technology blockchain and cryptocurrencies can empower the worldwide citizen to a more united and sustainable environment

Empowering Citizens through Blockchain and Cryptocurrencies

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