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EMERGING TECHNOLOGIES QUIZ #2 MIDTERM (IV-B)

Total questions: 15

Worksheet time: 15mins

Name
Class
Date
1.

(a)   is one of the biggest drawbacks of blockchain technology because the block size is 1 MB, which means it can only hold a few transactions on a single block.

(ALL CAPS)

2.

(a)   is one of the disadvantages of blockchain because despite the potential benefits of blockchain technology, some countries have banned its use due to environmental concerns.

(ALL CAPS)

3.

(a)   is one of the advantages of blockchains because it removes any third-party intervention between transactions and removes the mistake making the settlement easier and smooth.

(ALL CAPS)

4.

(a)   is one of the advantages of blockchains because duplicate copies of the data are stored at each local node in a decentralized network.

(ALL CAPS)

5.

(a)   is one of the advantages of blockchains because it uses hashing techniques to store each transaction on a block that is connected to each other.

(ALL CAPS)

6.

Give 1 product from SimplyVital Health that is using blockchain technology to streamline data and records to save time and money.

(ALL CAPS)

(a)  

7.

Belgium-based Port of (a)   , the second largest porter in Europe, is running a pilot blockchain project focused on logistics automation.

(ALL CAPS)

8.

The (a)   can record the information of your choice: who, what, when, where, how much, and even the condition such as the temperature of a food shipment.

(ALL CAPS)

9.

(a)   is one of the components of distributed ledger that are used as a unit of exchange/account in distributed ledger transactions.

(ALL CAPS)

10.

(a)   is one of the components of distributed ledger that prevents double spending and determine the correct version of the ledger.

(ALL CAPS)

11.

(a)   is one of the components of distributed ledger that defines how transactions are stored in the ledger.

(ALL CAPS)

12.

(a)   is one of the components of distributed ledger that defines how transactions are stored in the ledger.

(ALL CAPS)

13.

(a)   is one of the attributes of the blockchain where the process in which information embedded in a block is validated by network nodes using cryptographic techniques.

(ALL CAPS)

14.

(a)   is one of the attributes of the blockchain which is a digital version of the ledger to track and monitor data.

(ALL CAPS)

15.

Give 1 cryptocurrency that is introduced by DigiCash Corporation.

(ALL CAPS)

(a)