Executive-Level Blockchain Strategy from a C-Suite Perspective BBLC Practice Questions (Page 3)

Questions 11–15

1. 11application · medium

   A food retailer's CEO wants to use blockchain to improve traceability and food safety. The board is skeptical about the business value. How should the CEO articulate the blockchain vision to gain board approval?

   • APresent a detailed technical architecture and let the board infer the business benefits.
   • BFocus on the technical superiority of blockchain over traditional databases, without discussing business impact.
   • CDescribe how blockchain will reduce recall costs, enhance brand trust, and align with the company's commitment to safety, with a phased implementation plan.
   • DPromise that blockchain will eliminate all food safety incidents and guarantee regulatory compliance.
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2. 12application · medium

   A retail bank's CEO wants to adopt blockchain for cross-border payments. The board requires a roadmap that shows early wins while managing risk. Which roadmap milestone sequence best fits an executive-level adoption plan?

   • AImmediately replace the existing SWIFT-based system with a blockchain network to achieve the full vision as quickly as possible.
   • BOutsource the entire roadmap to a blockchain vendor, including milestones and change management, to reduce internal effort.
   • CRun a pilot and a full production rollout simultaneously to save time and accelerate ROI.
   • DStart with a pilot in a low-risk internal process, then expand to a limited production use case, and finally scale to the full cross-border payments network.
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4. 13foundation · easy

   Which action best exemplifies executive leadership in blockchain governance?

   • AEstablishing a cross-functional steering committee with representatives from legal, finance, IT, and business units to oversee the blockchain initiative
   • BDelegating all governance decisions to the blockchain developers without oversight
   • COutsourcing all governance to an external blockchain consultancy
   • DAllowing each business unit to independently define its own blockchain rules without coordination
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5. 14foundation · easy

   What is the primary purpose of defining milestones in an executive-level blockchain adoption roadmap?

   • ATo ensure that all blockchain projects are completed within one fiscal year
   • BTo satisfy the technical team's preference for detailed project planning
   • CTo track progress, measure success, and provide checkpoints for decision-making and course correction
   • DTo create a marketing timeline for public announcements
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6. 15application · medium

   A healthcare consortium is planning a blockchain for sharing patient records across hospitals. The CEO wants to establish governance that ensures data privacy compliance and trust among members. Which governance structure should the CEO champion?

   • AAn informal working group of technical leads that meets monthly to discuss issues and share updates.
   • BA decentralized autonomous organization (DAO) where all decisions are made by token-holding members without executive oversight.
   • CA single IT vendor managing the network and making all technical and policy decisions to ensure consistency.
   • DA steering committee with representatives from each hospital, legal, compliance, and executive sponsors, with clear decision rights and escalation paths.
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