Distributed ledger technology (DLT) is designed to:
A)Document and confirm U.S.generated financial transactions.
B)Document and confirm financial foreign transactions.
C)Purchase and sell foreign currencies.
D)Triggers currencies to be exchanged under certain economies.
E)Purchase and sell foreign stock.

Question

Quizplus · Accepted Answer

Distributed ledger technology (DLT) is used to document and confirm financial transactions, including those conducted internationally. Therefore, option B is the best choice as it specifically mentions foreign transactions. The other options are not entirely accurate as DLT does not necessarily trigger currency exchanges or enable the purchase and sale of foreign currencies or stock directly.

Distributed Ledger Technology (DLT) Is Designed To