Vocabulary

Academic Word List

  • decentralize
  • paradigm
  • algorithm
  • cryptography
  • counterfeit
  • chronological

Other Vocabulary

  • guarantee
  • software
  • stakeholder
  • network
  • distribute
  • innovation
  • transaction
  • application

Exercise

Please click the Exercise link to continue and do Exercises 1 and 2.


Pre-Reading

Use the questions to begin a discussion. Try to be sure everyone in your group gives their opinion and explains why they hold that opinion before moving on to the next question. Type in your group's main ideas to use afterwards for class discussion.

  1. What do you know about blockchain? If you haven’t heard of blockchain or know little about it, what do you know about the way credit card payments are processed?

  2. Should there be a global currency or one decentralized way to pay for things? Why or why not?

Exercise

Please click the Exercise link to continue in Exercise 3.


Listening

Exercise

Listen to the following video once through. Try to note the most important information and write your summary of the video using the Cornell Note-taking System. Try to rephrase vocabulary where possible.

Now listen again to the information. Re-write any notes you made above by adding some more information from the Listening.


Listening

Exercise

Please click the Exercise link to continue in Exercise 6.

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