WorksheetsC4_Blockchain Technology
Total questions: 10
Worksheet time: 5mins
1. What is the primary goal of implementing blockchain in banking and financial services?
A) Increase physical cash usage
B) Reduce risk and costs while improving transparency and efficiency
C) Eliminate digital payments
D) Replace all central banks
2. Which event highlighted the vulnerabilities of traditional financial infrastructure and led to the rise of blockchain?
A) Dot-com bubble
B) 2008 global financial crisis
C) Y2K issue
D) 1997 Asian financial crisis
3. Bitcoin was introduced in 2009 by:
A) Vitalik Buterin
B) Charles Hoskinson
C) Satoshi Nakamoto
D) Gavin Wood
4. Which of the following best distinguishes blockchain from Bitcoin?
A) Bitcoin is a global payment network; blockchain is a local database
B) Bitcoin is an application built on blockchain, while blockchain is the underlying technology
C) Blockchain is only for cryptocurrencies; Bitcoin is for all assets
D) Blockchain is centralized; Bitcoin is decentralized
5. Which is NOT a business benefit of blockchain in financial services?
A) Time savings
B) Enhanced security
C) Increased operational costs
D) Greater trust
6. Which blockchain feature ensures that once data is recorded, it cannot be altered or deleted?
A) Consensus
B) Provenance
C) Immutability
D) Finality
7. What is the name of Cambodia’s blockchain-based payment system launched in 2020?
A) KhmerPay
B) NBC Digital Wallet
C) Bakong
D) RielChain
8. Which of the following is a primary blockchain application in financial services?
A) Agricultural farming
B) Trade finance
C) Movie streaming
D) Weather forecasting
9. In post-trade settlement, blockchain reduces settlement times from:
A) T+2 or T+3 to T+0
B) Weeks to months
C) Seconds to hours
D) T+10 to T+5
10. Which of the following is a key participant in an enterprise blockchain network like Cambodia’s Bakong system?
A) Gamers
B) Regulators
C) Social media users
D) Tourists
