Blockchain Consortia and Collaborative Networks BBLC Practice Questions (Page 10)

Questions 46–50

1. 46expert · hard

   A consortium of 15 companies is designing its governance model. Some members want a one-company-one-vote structure to ensure equality, while larger members want voting power proportional to their investment. The consortium also needs to make quick decisions on technical upgrades. Which governance approach best balances these concerns?

   • AA pure one-company-one-vote model for all decisions
   • BA model where voting power is strictly proportional to investment
   • CA hybrid model with equal voting on core governance issues and a technical committee for operational decisions
   • DA model where the founding company has veto power over all decisions
   Reveal Solution Discussion Select an answer first
2. 47application · medium

   A consortium of retailers is implementing a shared loyalty program on a blockchain. They need to ensure that transactions are processed quickly and that the network can handle high volumes during holiday seasons. Which operational framework component is most important?

   • AA legal contract that limits transaction volume
   • BA high-throughput consensus mechanism
   • CA marketing campaign to increase usage
   • DA centralized database managed by one retailer
   Reveal Solution Discussion Select an answer first
4. 48application · medium

   A consortium of pharmaceutical companies is partnering with a non-profit organization and a regulatory agency to create a shared clinical trial data network. This partnership includes stakeholders beyond the original members. What is this an example of?

   • AA hostile takeover of the consortium
   • BA public blockchain accessible to everyone
   • CA private blockchain owned by the non-profit
   • DA collaborative network that extends the consortium's impact
   Reveal Solution Discussion Select an answer first
5. 49foundation · easy

   What is a primary benefit of joining a blockchain consortium for a business?

   • AComplete anonymity for all transactions
   • BAccess to a shared, trusted infrastructure without building a proprietary system
   • CGuaranteed profit from cryptocurrency trading
   • DExemption from all regulatory compliance
   Reveal Solution Discussion Select an answer first
6. 50foundation · easy

   What is typically the first step in onboarding a new member to a blockchain consortium?

   • AProviding the new member with administrative access to all network nodes
   • BDeploying a public blockchain for the new member to join
   • CSubmitting an application and undergoing a vetting process by existing members
   • DImmediately granting the new member voting rights in governance
   Reveal Solution Discussion Select an answer first