Virtual currencies that use cryptography for security are also called ________.
A) blockchains
B) barters
C) digital currencies
D) freemiums
E) loss-leaders

Question

Quizplus · Accepted Answer

Virtual currencies that use cryptography for security are also called digital currencies. Blockchains are a type of distributed ledger technology used to keep track of transactions in a secure and transparent way. Barters are a system of exchange where goods and services are traded without the use of money. Freemiums are a business model where a basic product or service is provided for free, while premium features or content must be paid for. Loss-leaders are products or services sold at a loss to attract customers and increase sales of other profitable products or services.

Virtual Currencies That Use Cryptography for Security Are Also Called