Emerging Technology: Blockchain

Which of the following is the function of Blockchain Technology?

• A. Blockchain contains transaction data, it’s not a replacement for databases.

• B. Blockchain contains transaction data, so, it’s a replacement for databases.

• C. Blockchain replaces databases, messaging technology, transaction processing and business processes.

• D. Blockchain and databases are exactly the same.

Which technology is used to authenticate and secure digital transactions?

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Which of the following are key components of Blockchain Technology?

• A. P2P Network, Ledger

• B. Node, Engine

• C. Hash, Consensus Mechanism

• D. Wallet, Smart Contract

"P2P" in P2P Networks stands for Peer to Peer.

(True or false)

• True
• False

Which of the following is not a use of Blockchain Technology in Education?

• A. Student Records Management

• B. Smart Contract for Student Agreements

• C. Hack and Steal Cryptocurrencies

• D. Teacher Performance Tracking

What is a key benefit of using Blockchain in Education?

• A. Higher Cost-due to the use of decentralized systems

• B. Security-data and certificates added to the blockchain cannot be changed/faked

• C. Not Accessible even when you have internet access

• D. It is impossible to use blockchain to verify information such as student academic records