Term Often Used When Software Is Made Available on a Fee

question 33

Multiple Choice

Term often used when software is made available on a fee for usage basis:

• A)Applications Software Providers.
• B)Proprietary Software.
• C)Software as a Service.

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Definitions:

Cryptocurrencies

Digital or virtual currencies that use cryptography for security and operate independently of a central bank, exemplified by Bitcoin and Ethereum.

Intermediaries

Entities or individuals that act as middlemen between different parties in a transaction, facilitating the exchange of goods, services, or information.

Electronic Currencies

digital forms of currency that exist electronically, such as cryptocurrencies, which are used for online transactions.

Dollarization

The process of a country abandoning their currency and using U.S. Dollars or another currency instead.