The correct answer is c. Recorded on a private or permissioned blockchain ledger.

Here's why:

a. Subject to higher transaction fees - This is not necessarily true. The transaction fees depend on the specific design of the CBDC and the policies of the issuing central bank.

b. Easier to physically transport across borders - CBDCs are digital and do not need to be physically transported.

c. Recorded on a private or permissioned blockchain ledger - This is likely to be true. CBDCs are a type of digital currency issued by a central bank, and transactions would likely be recorded on a blockchain ledger. The ledger could be private or permissioned, depending on the design of the CBDC.

d. More prone to counterfeiting - This is not likely to be true. One of the potential benefits of CBDCs is that they could be designed to be more secure and less prone to counterfeiting than physical currency.

Question

The correct answer is c. Recorded on a private or permissioned blockchain ledger.

Here's why:

a. Subject to higher transaction fees - This is not necessarily true. The transaction fees depend on the specific design of the CBDC and the policies of the issuing central bank.

b. Easier to physically transport across borders - CBDCs are digital and do not need to be physically transported.

c. Recorded on a private or permissioned blockchain ledger - This is likely to be true. CBDCs are a type of digital currency issued by a central bank, and transactions would likely be recorded on a blockchain ledger. The ledger could be private or permissioned, depending on the design of the CBDC.

d. More prone to counterfeiting - This is not likely to be true. One of the potential benefits of CBDCs is that they could be designed to be more secure and less prone to counterfeiting than physical currency.

Knowee AI · Accepted Answer

The correct answer is c. Recorded on a private or permissioned blockchain ledger.

Here's why:

a. Subject to higher transaction fees - This is not necessarily true. The transaction fees depend on the specific design of the CBDC and the policies of the issuing central bank.

b. Easier to physically transport across borders - CBDCs are digital and do not need to be physically transported.

c. Recorded on a private or permissioned blockchain ledger - This is likely to be true. CBDCs are a type of digital currency issued by a central bank, and transactions would likely be recorded on a blockchain ledger. The ledger could be private or permissioned, depending on the design of the CBDC.

d. More prone to counterfeiting - This is not likely to be true. One of the potential benefits of CBDCs is that they could be designed to be more secure and less prone to counterfeiting than physical currency.

Unlike fiat currency, CBDC transactions are likely to be:Select one:a. Subject to higher transaction feesb. Easier to physically transport across bordersc. Recorded on a private or permissioned blockchain ledgerd. More prone to counterfeiting

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