Which term describes an asset other than Bitcoin in the cryptocurrency space?

Altcoin

Blockchain

Smart Contract

Fiat Coin

In the metaverse, NFTs are used to own digital land and virtual goods.

True

False

What is the purpose of a smart contract in blockchain technology?

To send cryptocurrencies

To automatically execute agreements without third-party intermediaries

To mine new cryptocurrencies

To store data off-chain

Bitcoin operates under a proof-of-stake consensus mechanism.

True

False

Which of the following companies has partnered with sports teams and Ticketmaster to integrate NFTs into their events?

Disney

Uber

Coca-Cola

Amazon

What type of wallet is referred to as being like a “shoebox” where you keep money at home?

Hot Wallet

Cold Wallet

Exchange Wallet

Hardware Wallet

Which blockchain platform is most commonly associated with NFTs and decentralized applications (dApps)?

Bitcoin

Litecoin

Ethereum

Ripple

A private key is similar to a password, and it should never be shared with anyone.

True

False

Which of the following is a use case for NFTs outside of art and gaming?

Digital Real Estate

Cloud Storage

Fiat Transactions

Email Servers

Which technology is fundamental to the operation of smart cities by connecting devices to collect and share data?

Blockchain

Internet of Things (IoT)

Cloud Computing

Artificial Intelligence (AI)