A logistics company wants to offer a blockchain-based tracking service to multiple clients in different industries. Each client has different data privacy requirements and wants to control who can access their shipment data. The company also wants to prevent unauthorized parties from tampering with tracking records. Which architecture best meets these diverse needs?

Use a single public blockchain for all clients to maximize transparency.

Use a centralized database with role-based access controls.

Use a separate blockchain instance for each client to ensure complete isolation.

Deploy a permissioned blockchain with separate channels or private data collections for each client.

A global electronics manufacturer wants to use blockchain to trace conflict minerals from mines to finished products, to comply with regulations. The manufacturer also wants to reduce the risk of counterfeit components. However, some suppliers are reluctant to share detailed sourcing data because it is commercially sensitive. Which approach best addresses both the regulatory requirement and supplier concerns?

Use a permissioned blockchain where suppliers record hashes of their sourcing certificates and only share full details with authorized auditors.

Require all suppliers to publish their full sourcing data on a public blockchain.

Use a centralized database managed by the manufacturer to store all sourcing data.

Rely on supplier self-certifications without any blockchain record.

A manufacturer exports goods to multiple countries and often faces delays because original bills of lading must be couriered to the buyer's bank. The manufacturer wants to reduce these delays and also gain better visibility into the payment process. Which blockchain-based approach best addresses both issues?

Use a blockchain platform that digitizes bills of lading and integrates with banks to automate document checking and payment release.

Send scanned copies of bills of lading via email to the buyer's bank to speed up the process.

Switch to open account terms to avoid the need for bills of lading.

Use a freight forwarder to hand-carry the original documents to the bank.

A retail chain wants to verify the authenticity of luxury goods and reduce the sale of counterfeit products. The chain also wants to provide customers with a way to check the provenance of an item before purchase. Which blockchain-based solution best meets these needs?

Use a public blockchain to store all product details so that anyone can view them.

Maintain a private database of serial numbers accessible only to store employees.

Print a hologram on each product that is difficult to replicate.

Issue a unique digital certificate for each product on a permissioned blockchain that customers can scan to view its provenance.

A pharmaceutical manufacturer wants to use blockchain to track the cold-chain temperature of vaccines from production to administration, and to prove to regulators that the vaccines were stored within required temperature ranges. The manufacturer also wants to reduce the risk of counterfeit vaccines entering the supply chain. Which blockchain application is most suitable?

Print a QR code on each vaccine vial that links to a website with the batch's temperature logs.

Use a public blockchain to record the vaccine batch numbers and temperatures.

Attach IoT temperature sensors to each vaccine batch and record temperature readings and custody transfers on a permissioned blockchain.

Record temperature readings in a cloud spreadsheet that is shared with regulators at the end of each month.

EC-CouncilBlockchain Business Leader Certification

Domain 6Objective 1

Blockchain Applications Across Key Industry Sectors BBLC Practice Questions (Page 1)

Part of the Business Use Cases and Trade Finance domain, which makes up ~13% of our current practice bank.

45questions here

9free pages

8concepts

Questions 1–5

1expert · hard
A logistics company wants to offer a blockchain-based tracking service to multiple clients in different industries. Each client has different data privacy requirements and wants to control who can access their shipment data. The company also wants to prevent unauthorized parties from tampering with tracking records. Which architecture best meets these diverse needs?
Select an answer first
2expert · hard
A global electronics manufacturer wants to use blockchain to trace conflict minerals from mines to finished products, to comply with regulations. The manufacturer also wants to reduce the risk of counterfeit components. However, some suppliers are reluctant to share detailed sourcing data because it is commercially sensitive. Which approach best addresses both the regulatory requirement and supplier concerns?
Select an answer first
3application · medium
A manufacturer exports goods to multiple countries and often faces delays because original bills of lading must be couriered to the buyer's bank. The manufacturer wants to reduce these delays and also gain better visibility into the payment process. Which blockchain-based approach best addresses both issues?
Select an answer first
4application · medium
A retail chain wants to verify the authenticity of luxury goods and reduce the sale of counterfeit products. The chain also wants to provide customers with a way to check the provenance of an item before purchase. Which blockchain-based solution best meets these needs?
Select an answer first
5application · medium
A pharmaceutical manufacturer wants to use blockchain to track the cold-chain temperature of vaccines from production to administration, and to prove to regulators that the vaccines were stored within required temperature ranges. The manufacturer also wants to reduce the risk of counterfeit vaccines entering the supply chain. Which blockchain application is most suitable?
Select an answer first

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Blockchain Applications Across Key Industry Sectors BBLC Practice Questions (Page 1)

Questions 1–5

A retail chain wants to verify the authenticity of luxury goods and reduce the sale of counterfeit products. The chain also wants to provide customers with a way to check the provenance of an item before purchase. Which blockchain-based solution best meets these needs?

Keep studying — Business Use Cases and Trade Finance