BLOCKCHAIN
What is blockchain?
A digital ledger among the nodes of a peer-to-peer network.
What is a digital payment?
Any transaction where money is transferred electronically.
What is high-frequency trading?
Algorithmic trading that uses powerful computers to execute a large number of orders.
What does "P2P" stand for?
Peer to peer.
What is tokenization?
The process of converting real-world assets into digital tokens on a blockchain.
Name major cryptocurrency built on blockchain.
Bitcoin or Ethereum.
Name one widely used digital payment system.
CLICK;PAYME;etc.
Name one key technology enabling HFT.
Placing servers near exchange servers or low-latency networks.
Name one P2P platform.
TBC;etc.
Give an example of an asset that can be tokenized.
Real estate, art, or company shares.
What is a "block" in blockchain?
A group of transactions that are verified and added to the chain.
How do digital payments reduce transaction costs?
They cut handling fees and streamline processing through automation.
Why is low latency critical in HFT?
Speed allows traders to exploit price differences before others.
How does P2P lending differ from traditional bank lending?
P2P lending connects borrowers directly with investors through online platforms.
How does tokenization improve asset liquidity?
By allowing fractional ownership and easier, faster trading on digital platforms.
How does the Proof of Work consensus mechanism operate?
Miners solve complex mathematical problems to validate transactions and create new blocks.
What does PCI DSS stand for?
Payment Card Industry Data Security Standard.
What was the "Flash Crash" of 2010?
Temporary market crash during which the Dow Jones Industrial Average plummeted over 1,000 points in minutes.
What are two main risks for investors in P2P lending?
Credit risk and platform risk.
Benefits of Tokenization.
Assets can be bought, sold, and traded more easily and quickly and lowers the barriers to entry for investing in high-value assets.
What are smart contracts?
Self-executing contracts with terms written in code.
Adventages vs Disadventages
A:Speed;Cost Effectiveness;Global Reach.
D:Technology Dependency;Lack of Physical Security.
What is "spoofing" in HFT?
Placing fake orders to manipulate prices.
How do P2P platforms use alternative data for credit scoring compared to banks?
P2P platforms often use machine learning and non-traditional data.
Did you understand tokenization?
NO