Blockchain Quiz

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How well do you know blockchain

IT leaders are increasingly faced with learning how to implement blockchain in their organizations. Use this blockchain quiz to test your knowledge.

The five elements of blockchain are distribution, encryption, immutability, tokenization and: Transparency Authorization Efficiency Decentralization

What can an IT leader use enterprise blockchain for? Streamline supply chains Improve financial transactions Provide identity management All of the above

True or false: Smart contracts are legally binding contracts. True False

What are some of the advantages of implementing enterprise blockchain? Reduce IT costs Expand B2B and B2C networks Enable new products All of the above

True or false: A user can alter data on a blockchain. True False

What feature about enterprise blockchain is accurate? Is relatively inexpensive Has trust problems Requires no change management Is energy-efficient

What is one of the challenges of permissioned, also known as private or enterprise, blockchain? Speed Auditability Security Access control

What areas of cybersecurity does blockchain have the potential to improve? Building security Payment history Password complexity Resilience

Blockchain has the potential to support the following enterprise goals except: Uncover insights using data Address a skills gap Promote traceability Boost personal communication between suppliers and producers

What are essential skills a blockchain developer should have? Official asset registry, voting facilitation, back-office functions Familiarity with blockchain architecture, foundation in cryptography, proficiency in common programming languages Foundation in data structures, web development, understanding of smart contracts Both B and C