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4. Blockchain Business Case

Authored by Dr. Mehta

Business

University

4. Blockchain Business Case
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35 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A food company wants to trace the origin of contaminated spinach. Which blockchain feature best supports this?

Encryption

Smart Contracts

Immutability

Consensus

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In a supply chain blockchain, who typically has the permission to add data about the quality inspection of goods?

Consumers

Logistics providers

Inspectors/quality controllers

Competitors

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What benefit does blockchain offer to reduce counterfeit goods in a luxury brand supply chain?

Anonymous trading

Smart contract audits

Provenance tracking

Low transaction fees

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A blockchain in a global supply chain network helps reduce:

Digital marketing costs

Supplier onboarding time

Cloud storage requirements

Product shelf life

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which consensus mechanism is most energy-efficient for supply chain traceability systems?

Proof of Work

Proof of Stake

Proof of Authority

Proof of Burn

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A financial firm uses blockchain to clear trades in seconds instead of days. What aspect does this improve?

Transparency

Settlement efficiency

Market volatility

Portfolio diversity

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What blockchain feature ensures that trade records in a decentralized exchange are tamper-proof?

Open-source protocol

Public visibility

Hash-based encryption

Immutability

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