AI and Blockchain in Healthcare and Finance

What is a key benefit of AI-powered diagnostics in healthcare?

• Reduced need for human doctors

• Faster and more accurate disease detection

• Elimination of all medical errors

How do robotic surgeries improve patient outcomes?

• By reducing the number of nurses needed

• By allowing more precise and minimally invasive procedures

• By speeding up surgery time without increasing safety

Which AI application in healthcare helps analyse large volumes of patient data?

• AI-powered chatbots

• AI-powered imaging systems

• AI-powered diagnostic algorithms

What is a limitation of AI in healthcare diagnostics?

• AI can only diagnose common diseases

• AI systems require vast amounts of data for accuracy

• AI is completely free of errors

What is a primary use of blockchain in finance?

• Storing personal data for online purchases

• Securing transactions and reducing fraud

• Replacing traditional banking entirely

What role do smart contracts play in blockchain technology?

• Automating contract execution when pre-set conditions are met

• Allowing users to avoid legal frameworks

• Enabling the automatic deletion of contracts after payment

Why is blockchain considered secure for financial transactions?

• It uses complex passwords for user access

• It decentralises transaction records, making them difficult to alter

• It requires manual verification for each transaction

Which of the following is a challenge for blockchain adoption in finance?

• Lack of privacy in transactions

• High energy consumption for maintaining networks

• Lack of support from the government

How does IoT improve inventory management in retail?

• By using sensors to track real-time stock levels

• By automatically placing orders for products without human input

• By allowing staff to manually check stock via mobile apps

What is a key benefit of using IoT for personalised retail experiences?

• It allows customers to avoid in-store purchases

• It collects data on customer preferences to tailor offers

• It prevents retailers from collecting customer data altogether