Blockchain-Enabled Business and Revenue Models BBLC Practice Questions (Page 3)

Questions 11–15

1. 11application · medium

   A hotel booking platform currently charges hotels a 15% commission per booking. They are exploring a blockchain-based system where hotels and travelers interact directly, and the platform charges a fixed listing fee. What is the primary transformation in the revenue model?

   • AFrom a fixed fee to a percentage-based commission, increasing revenue per booking
   • BFrom a token sale model to a value-added service model
   • CFrom a percentage-based commission to a fixed fee, reducing the platform's dependence on booking volume
   • DFrom a subscription model to a transaction fee model
   Reveal Solution Discussion Select an answer first
2. 12expert · hard

   A traditional remittance company charges a 7% fee for international money transfers. A blockchain startup offers the same service with a flat fee of $1, but requires users to hold a small amount of the startup's token to access the service. The startup's revenue comes from the flat fee and the appreciation of the token. What is the most significant disruption to the traditional remittance model?

   • AThe startup's model is identical to traditional remittance, just with a different fee structure
   • BThe startup disintermediates the traditional banking network, reducing costs and changing the revenue model from percentage-based to flat fee plus token value
   • CThe startup eliminates the need for any currency exchange, making all transfers free
   • DThe startup's token becomes a global reserve currency, replacing fiat currencies
   Reveal Solution Discussion Select an answer first
4. 13application · medium

   A supply chain company currently relies on a third-party auditing firm to certify product authenticity. They are considering a blockchain system where each product's history is recorded on an immutable ledger, and customers can verify authenticity themselves. What is the most significant impact on the traditional business model?

   • AIt transforms the company into a DAO where customers vote on product authenticity
   • BIt disintermediates the auditing firm, shifting the value proposition from third-party certification to self-service verification
   • CIt eliminates the need for any quality control in the supply chain
   • DIt increases the auditing firm's revenue by adding more certification services
   Reveal Solution Discussion Select an answer first
5. 14application · medium

   A music streaming platform is considering blockchain to give artists more control over their royalties. Which change best illustrates the transformation of the traditional music business model?

   • AEliminating the need for artists to register their copyrights
   • BReplacing all streaming platforms with a single global blockchain
   • CUsing smart contracts to automatically split royalties among collaborators
   • DStoring all music files on a blockchain
   Reveal Solution Discussion Select an answer first
6. 15application · medium

   A new blockchain project plans to distribute tokens to early users who contribute to the network's growth. Which distribution strategy best aligns long-term incentives?

   • ARewarding users with tokens for completing specific growth tasks
   • BAirdropping tokens to all registered users equally
   • CBurning tokens to increase scarcity
   • DSelling all tokens to venture capitalists
   Reveal Solution Discussion Select an answer first