IT ENGLISH: Research Project Topics - Blockchain Technology

What is the key characteristic of blockchain technology that eliminates the need for a central authority or intermediary?

• Decentralization

• Security

• Transparency

• Immutability

Which application of blockchain technology is used to track the origin and journey of products in supply chains?

• Cryptocurrencies

• Supply Chain Management

• Digital Identity

• Voting Systems

How does blockchain technology enhance the transparency and security of elections?

• By ensuring the integrity of the voting process

• By reducing transaction costs and settlement times

• By representing assets as digital tokens

• By storing and securing electronic health records

What is one advantage of using blockchain technology for cross-border payments?

• Reduced transaction costs

• Increased efficiency

• Enhanced transparency

• Reduced fraud

Which industry can benefit from representing assets as digital tokens on a blockchain?

• Healthcare

• Energy

• Intellectual Property

• Supply Chain Management

How can blockchain technology be used in the healthcare sector?

• To track the origin and journey of products

• To manage digital identities

• To store and secure electronic health records

• To automate royalty payments

What is one application of blockchain technology in the energy sector?

• Peer-to-peer energy trading

• Digital notary services

• Tokenization of assets

• Smart contracts

How can blockchain technology be used to prove ownership of intellectual property?

• By reducing fraud

• By providing transparency

• By automating royalty payments

• By acting as a digital notary

What is the purpose of using blockchain technology as a digital notary?

• To track the origin and journey of products

• To manage digital identities

• To store and secure important documents and agreements

• To automate royalty payments

What are some challenges that need to be addressed as blockchain technology becomes more widely adopted?

• Scalability, regulatory compliance, and energy consumption

• Security, transparency, and immutability

• Decentralization, smart contracts, and tokenization

• Supply chain management, digital identity, and cross-border payments