ITDL

Blockchain is used to record transactions.

True/False?

What is/are the feature(s) of Blockchain?

• Enhance security

• Concensus

• Immutability

• All of the above

Blockchain can be used in real estate sector.

True/False

Which company did Business West work with in order to generate the first European certificate of Origin?

• Underwood

• Pockett

• i2i

• ucc

First blockchain-based marketplace app for trading in Indian coffee was launched when?

• 29 March, 2019

• 28 March, 2019

• 27 march, 2019

• 26 March,2016

Which bank facilitated the Tata Steel executed blockchain export order with Bangladesh?

• State bank of India

• IDBI

• Kotak Mahindra Bank

• Standard Chartered Bank

What are the ways/mechanisms by which blockchain is really secure?

• Proof of work, Hash encryption, Distributed peer-peer network

• Proof of work,

  Transparent, Distributed peer-peer network

• Solves problem of double records, Hash encryption, Distributed peer-peer network

• Proof of work, Hash encryption, Anonymous

How much percetage of data transmitted during a single commodity cycle adds no value or revenue to the transaction according to Komgo case study?

• 91%

• 93%

• 95%

• 97%

How much time did it take to prepare for trading by each participant observing different government regulations and economic challenges based on the Komgo case study?

• 80-120

• 90-120

• 90-110

• 80-110

Steps for executing a trade finance transaction over wave platform are:

Installing Wave app, Carrier issuing Bill of Lading, Carrier digitally signs the Bill of lading, Ownership and endorsement chains are created on blockchain.

True/False?