2. Blockchain Trust and Benefits

2. Blockchain Trust and Benefits

University

25 Qs

quiz-placeholder

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2. Blockchain Trust and Benefits

2. Blockchain Trust and Benefits

Assessment

Quiz

Business

University

Medium

Created by

Dr. Mehta

Used 1+ times

FREE Resource

25 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A logistics company wants to track goods transparently across borders without relying solely on centralized records. Which blockchain feature best supports this need?

Low latency

Decentralized trust

Centralized consensus

High transaction fees

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A healthcare startup uses blockchain to ensure patients control their medical records. Which benefit of blockchain is primarily being used here?

Tokenization

Distributed computing

Identity ownership and representation

Smart contract automation

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A company is assessing whether to implement public or private blockchain for its financial reporting system. What factor is most relevant in making this decision?

Block size

Speed of Wi-Fi

Spectrum of trust services

Market volatility

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A government wants to build a land registry that is immutable and verifiable by all citizens. What type of trust layer is being created?

Encrypted middleware

Manual audit system

Blockchain-based trust layer

Web application firewall

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A company implements blockchain for provenance tracking in its supply chain. What indirect benefit might it gain?

Token price appreciation

Improved regulatory compliance

Reduced transaction throughput

Fewer blockchain forks

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A music streaming platform uses blockchain to directly pay artists. Which key feature of blockchain does this utilize?

Decentralized storage

Direct benefit - disintermediation

Proof of stake

Mining rewards

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An organization stores hashed credentials on a blockchain. Which aspect of security does this enhance?

Decentralized data security

Multi-factor authentication

Random password generation

Centralized firewalls

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