What Are the Greatest Barriers for Blockchain?

What Are the Greatest Barriers for Blockchain?

Assessment

Interactive Video

Business, Information Technology (IT), Architecture

University

Hard

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The video discusses the conservative projections for crypto adoption by 2030, highlighting regulatory and scalability barriers. It explores the utility of blockchain tokens and their value, particularly in Ethereum. The video also covers non-financial enterprise use cases for blockchain and the costs associated with adding new blockchains. Finally, it addresses the trend towards consolidation in the blockchain industry, with Ethereum emerging as a key player.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the projected value of tokenized digital assets by 2030 according to the speaker?

$10 trillion

$3 trillion

$1 trillion

$5 trillion

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the two main barriers to blockchain adoption mentioned in the video?

Privacy concerns and financial instability

Technological advancements and market demand

Regulatory issues and scalability

Lack of public interest and high costs

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why might the value of Ethereum increase according to the discussion?

Because of its use in paying transaction costs

Due to its limited supply

Owing to its popularity in social media

As a result of government regulations

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the speaker's view on the SEC's concerns about Ethereum staking?

It is not an issue at all

It is a medium-sized issue that will be worked out

It is a minor issue that will be resolved

It is a major issue that cannot be resolved

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected role of Ethereum in enterprise applications?

To replace all existing enterprise software

To be used exclusively for inventory management

To become the foundation for B2B integration

To serve as a financial asset only

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much does it cost EY to add a new chain to their blockchain analyzer platform?

$100,000

$1,000,000

$250,000

$500,000

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the likely future for most other layer 1 blockchains according to the speaker?

They will become obsolete

They will dominate the market

They will become layer 2 on Ethereum

They will merge with Bitcoin