Executive-Level Blockchain Strategy from a C-Suite Perspective BBLC Practice Questions (Page 1)

Questions 1–5

1. 1expert · hard

   A global food distributor is implementing a blockchain for traceability across multiple countries. Each country has different regulations regarding data privacy and food safety. The C-suite must oversee compliance while ensuring the system is operationally efficient. Which strategy should the executive team adopt?

   • ADesign a single global data model and require all countries to adapt their regulations to it.
   • BLimit the blockchain to countries with the most lenient regulations to simplify compliance.
   • CRely on each country's local IT team to handle compliance independently without central oversight.
   • DCreate a compliance task force that maps regulatory requirements in each jurisdiction and defines configurable data handling rules within the blockchain.
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2. 2application · medium

   A government agency wants to use blockchain for citizen identity management. The agency faces budget constraints and public concerns about privacy. The executive sponsor asks for a roadmap that addresses these concerns. What should the roadmap emphasize?

   • AA phased rollout that starts with a non-sensitive use case, includes public consultation, and allocates budget for privacy impact assessments.
   • BA rapid full-scale deployment to deliver benefits to citizens as soon as possible.
   • CA roadmap that defers all privacy considerations until after the system is built.
   • DA technical design that minimizes data storage, without involving the public in the process.
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4. 3foundation · easy

   Which action best demonstrates executive oversight of legal considerations in a blockchain project?

   • AWaiting until after deployment to consult legal experts
   • BAvoiding legal review to speed up the development process
   • CRelying solely on the blockchain developers to interpret regulations
   • DIncluding legal counsel in the blockchain steering committee to review regulatory implications
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5. 4expert · hard

   A CEO is evaluating whether blockchain can provide strategic value for a company that already has a centralized, efficient database. The company's customers trust the brand, and competitors are not using blockchain. The CEO must decide if blockchain is worth pursuing. What is the most appropriate executive assessment?

   • APursue blockchain because it is a transformative technology that will provide competitive advantage regardless of current needs.
   • BAdopt blockchain to signal innovation to the market, even if there is no operational need.
   • CReject blockchain because the current database is efficient and customers trust the brand.
   • DConclude that blockchain may not add strategic value unless there is a need for multi-party trust, auditability, or disintermediation that the current database cannot provide.
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6. 5application · medium

   A retail company is evaluating blockchain for supply chain transparency. The company's brand promise is ethical sourcing, and customers are increasingly demanding proof of origin. The CEO wants to articulate the strategic value of blockchain to the board. Which value proposition should the CEO emphasize?

   • ABlockchain will reduce IT costs by replacing the existing ERP system.
   • BBlockchain will automatically ensure compliance with all international trade regulations.
   • CBlockchain will eliminate the need for third-party audits of suppliers.
   • DBlockchain will enable verifiable product provenance, strengthening the brand's ethical sourcing promise and differentiating the company in the market.
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