Key Performance Metrics, ROI Models, and Innovation Roadmaps BBLC Practice Questions (Page 6)

Questions 26–30

1. 26foundation · easy

   What is the primary purpose of an innovation roadmap for blockchain adoption?

   • ATo replace the need for a business case
   • BTo outline a phased plan for implementing blockchain initiatives aligned with strategic goals
   • CTo list all possible blockchain use cases without prioritization
   • DTo serve as a marketing document for external stakeholders
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2. 27application · medium

   A company has deployed a blockchain-based supply chain tracking system. The innovation roadmap includes quarterly reviews. After the first quarter, the operations team reports that the number of manual data entry errors has decreased by 30%, but the system's transaction throughput is lower than expected. The market has also seen a new competitor launch a similar solution. What should the company do to adapt its roadmap?

   • AImmediately expand the system to new product lines to gain a competitive edge
   • BAdjust the roadmap to prioritize performance optimization while continuing to monitor the competitive landscape
   • CKeep the roadmap unchanged because the error reduction shows the system is working
   • DAbandon the blockchain initiative because the competitor's solution is better
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4. 28application · medium

   A bank's blockchain innovation roadmap includes a pilot for a cross-border payment system. The bank's strategic goal is to improve customer experience. The IT team proposes a technically advanced solution that requires significant changes to core banking systems. The customer experience team suggests a simpler solution that integrates with existing mobile banking. Which roadmap decision best aligns with the bank's strategic goal?

   • ADelay both solutions until the core banking system is upgraded
   • BPrioritize the simpler solution that integrates with mobile banking to deliver customer-facing benefits sooner
   • CRun both solutions in parallel to maximize learning
   • DPrioritize the technically advanced solution because it is more innovative
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5. 29application · medium

   A healthcare consortium is implementing a blockchain for patient data sharing among hospitals. The project manager needs to define KPIs to evaluate the solution's success. Which set of KPIs best provides a comprehensive assessment covering operational, financial, and strategic dimensions?

   • ANumber of smart contracts deployed, block size, and hash rate
   • BTime to share records, number of API calls, and storage cost
   • CTransaction throughput, cost per transaction, and number of participating hospitals
   • DPatient satisfaction score, number of data breaches, and system uptime
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6. 30expert · hard

   A consortium of banks is evaluating a shared KYC blockchain platform. The traditional ROI model shows a modest return based on reduced duplication of compliance checks. However, the platform also enables near-real-time fraud detection and reduces the time to onboard new corporate clients from weeks to days. The banks' strategic goal is to increase market share in corporate banking. Which approach best captures the full value of this blockchain initiative?

   • ACompare the project's ROI to that of a traditional centralized database upgrade
   • BUse a blockchain-specific ROI framework that incorporates network effects and qualitative strategic benefits
   • CInclude only the quantifiable cost savings in the ROI analysis to avoid subjectivity
   • DRely solely on the traditional ROI calculation because it is the most defensible to the board
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