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Test Your Knowledge
Earn 100 Diamonds for every perfect score!
Question 1:
How has blockchain improved international payments?
A. By reducing reliance on intermediaries and enabling faster, more secure transfers.
B. By increasing the number of intermediaries in cross-border payments.
C. By eliminating the need for payments altogether.
Question 2:
What is the role of blockchain in accounting and auditing?
A. It makes financial records more vulnerable to tampering.
B. It ensures data integrity by preventing alterations, ensuring compliance.
C. It reduces transparency in accounting records.
Question 3:
How does blockchain help prevent money laundering and fraud?
A. By providing tamper-proof records of customer identities.
B. By making fraudulent activities easier to detect.
C. By eliminating the need for Know Your Customer (KYC) processes.
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