Blockchain Technology and Artificial Intelligence Together: A

What is the primary function of blockchain technology?

• To centralize data management

• To create decentralized ledger systems

• To enhance data privacy

• To automate artificial intelligence

Answer explanation

The primary function of blockchain technology is to create decentralized ledger systems, allowing multiple parties to maintain a shared database without a central authority, enhancing transparency and security.

By what year is the AI sector predicted to be worth as much as USD 13 trillion?

• 2025

• 2030

• 2040

• 2022

Answer explanation

The AI sector is projected to reach a value of USD 13 trillion by 2030, driven by advancements in technology and increased adoption across various industries.

What is one of the main benefits of combining AI with blockchain technology?

• Increased reliance on central authorities

• Improved data security and trust

• Slower transaction speeds

• Reduced automation

Answer explanation

Combining AI with blockchain enhances data security and trust by ensuring that data is immutable and verifiable, reducing the risk of tampering and fraud, which is crucial for reliable AI applications.

Which industry has seen significant benefits from the integration of AI and blockchain during the COVID-19 pandemic?

• Agriculture

• Retail

• Healthcare

• Manufacturing

Answer explanation

The healthcare industry has greatly benefited from AI and blockchain during the COVID-19 pandemic by improving patient data management, enhancing telemedicine, and ensuring secure vaccine distribution.

What is a challenge mentioned in the integration of AI and blockchain?

• Increased transaction speeds

• Privacy and security concerns

• Enhanced data sharing

• Decentralized data management

Answer explanation

Privacy and security concerns are significant challenges in integrating AI and blockchain, as both technologies handle sensitive data and require robust measures to protect user information from breaches.

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Which of the following is a use case for AI and blockchain integration?

• Traditional banking

• Supply chain management

• Social media marketing

• Telecommunications

Answer explanation

Supply chain management benefits from AI and blockchain integration by enhancing transparency, traceability, and efficiency in tracking goods, which is crucial for optimizing operations and reducing fraud.

What is the role of smart contracts in blockchain technology?

• To store data in a centralized manner

• To eliminate the need for AI

• To automate transactions based on predefined conditions

• To enhance user privacy

Answer explanation

Smart contracts automate transactions on the blockchain by executing predefined conditions without the need for intermediaries, ensuring efficiency and trust in the process.

Which technology is used to ensure the integrity of data in AI systems?

• Big data analytics

• Blockchain

• Machine learning

• Cloud computing

Answer explanation

Blockchain is used to ensure data integrity in AI systems by providing a secure, tamper-proof ledger that records transactions and data changes, making it ideal for maintaining trust and accuracy.

What is one of the main concerns regarding artificial intelligence in the workforce?

• High unemployment rates

• Increased job opportunities

• Enhanced creativity

• Improved productivity

Answer explanation

One of the main concerns regarding artificial intelligence in the workforce is high unemployment rates. As AI automates tasks, many jobs may become obsolete, leading to significant job loss and economic challenges.

Which sector is mentioned as utilizing artificial intelligence for better diagnosis?

• Education

• Finance

• Agriculture

• Healthcare

Answer explanation

The healthcare sector is highlighted for utilizing artificial intelligence to enhance diagnostic accuracy, making it the correct choice among the options provided.