APPLICATION LAYER
PEER TO PEER PARADIGM
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following accounts cannot be linked to most P2P apps or services?
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Credit card
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Checking account
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Debit card
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Certificate of deposit
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Explanation:
Detailed explanation-1: -(Peer-to-Peer payments) A non-credit card system for transferring cash from one party to another. Funds are debited from the user’s bank account and credited to the recipient’s account. Examples are Google Wallet, PayPal, Snapcash, Venmo and Bitcoin.
Detailed explanation-2: -P2P payments can be used for a wide range of transactions. The most common use cases include splitting costs with friends, paying rent, sending money to family members, or buying goods or services from private sellers.
There is 1 question to complete.