Executive-Level Blockchain Strategy from a C-Suite Perspective BBLC Practice Questions (Page 9)

Questions 41–45

1. 41application · medium

   A pharmaceutical company is considering blockchain for clinical trial data integrity. The company's competitive advantage relies on trust from regulators and patients. The executive team must decide how to present the strategic value of this investment. Which value proposition is most compelling?

   • ABlockchain will allow the company to bypass regulatory approval processes.
   • BBlockchain will reduce the time to market for new drugs by eliminating clinical trials.
   • CBlockchain will provide an immutable audit trail that enhances regulatory trust and patient confidence, supporting the company's reputation.
   • DBlockchain will automatically analyze clinical trial data to find new drug candidates.
   Reveal Solution Discussion Select an answer first
2. 42application · medium

   A manufacturing company's CEO wants to launch a blockchain-based supplier certification program. Suppliers are skeptical about sharing data, and internal procurement teams fear losing control. How should the CEO align these stakeholders?

   • ALaunch the program with a few friendly suppliers and then force the rest to join after proving success.
   • BCommunicate the strategic vision, involve suppliers and internal teams in co-designing the program, and offer incentives for early adopters.
   • CKeep the program internal first, then surprise suppliers with the new requirement at contract renewal.
   • DMandate participation by updating supplier contracts and internal policies, with no exceptions.
   Reveal Solution Discussion Select an answer first
4. 43foundation · easy

   Which element is most critical to include in an executive-level blockchain adoption roadmap?

   • AA detailed code review schedule for every smart contract
   • BA list of all possible blockchain platforms with their features
   • CA guarantee that the project will be completed without any changes to existing processes
   • DA change management plan to address organizational impact and stakeholder adoption
   Reveal Solution Discussion Select an answer first
5. 44expert · hard

   A government agency is implementing a blockchain for public records. The agency must ensure transparency and public trust while also protecting sensitive personal data. The executive leadership is designing the governance framework. Which governance decision best balances these conflicting requirements?

   • AMake all data fully public on the blockchain to maximize transparency.
   • BStore all data off-chain and only use blockchain for hashes, with no public access to the hashes.
   • CUse a permissioned blockchain where authorized parties can view records, with a public audit trail of changes.
   • DAllow each department to set its own access rules without central coordination.
   Reveal Solution Discussion Select an answer first
6. 45foundation · easy

   How can blockchain innovation be leveraged to maintain competitive positioning?

   • ABy creating unique value propositions such as enhanced traceability, reduced transaction friction, or new customer experiences that competitors cannot easily replicate
   • BBy adopting blockchain solely because competitors are using it
   • CBy keeping blockchain initiatives secret to prevent competitors from learning about them
   • DBy using blockchain to replace all existing IT systems, regardless of business need
   Reveal Solution Discussion Select an answer first