Key Performance Metrics, ROI Models, and Innovation Roadmaps BBLC Practice Questions (Page 2)

Questions 6–10

1. 6expert · hard

   A consortium of insurance companies is evaluating a blockchain for claims processing. The traditional ROI analysis shows a positive return based on reduced administrative costs. However, the consortium also expects the blockchain to enable new data-sharing partnerships and improve fraud detection. The CFO wants to compare the project using both traditional and blockchain-specific ROI models. What is the primary advantage of using a blockchain-specific ROI model in this context?

   • AIt guarantees a higher ROI than traditional models
   • BIt eliminates the need to estimate qualitative benefits
   • CIt captures the value of network effects and shared governance among consortium members
   • DIt focuses only on cost savings, making the analysis simpler
   Reveal Solution Discussion Select an answer first
2. 7foundation · easy

   Which of the following is the best definition of a key performance indicator (KPI) in the context of an enterprise blockchain solution?

   • AA qualitative description of the blockchain's security features
   • BA technical specification that defines the consensus algorithm of the blockchain network
   • CA metric that quantifies the achievement of a critical business objective or outcome
   • DA financial figure used only for external reporting to shareholders
   Reveal Solution Discussion Select an answer first
4. 8foundation · easy

   Which of the following is a typical first phase in a blockchain innovation roadmap?

   • ADiscontinuing all legacy systems
   • BConducting a feasibility study and identifying high-value use cases
   • CEstablishing a public blockchain for the entire industry
   • DDeploying a production network across all business units
   Reveal Solution Discussion Select an answer first
5. 9application · medium

   A company is considering a blockchain for digital identity verification. The project costs $150,000 to implement and $30,000 per year to operate. It is expected to save $60,000 per year in manual verification costs and reduce fraud losses by $40,000 per year. What is the payback period in years?

   • A1.5 years
   • B3.75 years
   • C2.14 years
   • D2.5 years
   Reveal Solution Discussion Select an answer first
6. 10application · medium

   A healthcare provider is evaluating three blockchain projects: (1) patient identity management, (2) clinical trial data sharing, and (3) supply chain for pharmaceuticals. The organization has limited budget and regulatory pressure to improve data integrity. The IT team has experience with permissioned networks but not with public blockchains. Which project should be prioritized first?

   • AAll three simultaneously, because they are all important and the organization can manage multiple pilots.
   • BPatient identity management, because it is the most strategic long-term project, even though it requires new regulatory approvals.
   • CClinical trial data sharing, because it has the highest potential for research innovation, despite requiring public blockchain expertise.
   • DPharmaceutical supply chain, because it has high impact on patient safety and moderate feasibility with existing IT skills.
   Reveal Solution Discussion Select an answer first