Strategic Planning for Enterprise Blockchain Adoption BBLC Practice Questions (Page 2)

Questions 6–10

1. 6application · medium

   A group of competing insurance companies wants to create a shared database of policyholder claims to detect fraud. They need to control who can read and write data, and they want to avoid giving any single company a competitive advantage. Which blockchain architecture best meets these requirements?

   • AA consortium blockchain governed by a neutral industry association.
   • BA public blockchain where all data is visible to everyone.
   • CA private blockchain owned and operated by the largest insurance company.
   • DA centralized database managed by one of the insurance companies.
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2. 7expert · hard

   A large enterprise is planning a blockchain-based supplier onboarding and certification system. The procurement team is enthusiastic because it will reduce manual verification. However, the legal department is concerned about liability if a supplier's certification is later found to be fraudulent. The IT department is worried about the integration effort with legacy systems. The CEO wants to proceed, but the project is stalled due to these conflicting internal interests. What is the most effective strategy to align these stakeholders and move the project forward?

   • AEstablish a cross-functional steering committee with representatives from procurement, legal, IT, and executive leadership, tasked with jointly defining the system's governance, liability framework, and integration roadmap.
   • BHire an external consultant to design the system in isolation and present a final, complete solution to all stakeholders for approval.
   • CProceed with the implementation and address the legal and IT concerns after the system is live and the benefits are proven.
   • DAssign the project to the procurement team and give them full authority to make decisions, as they are the primary beneficiaries.
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4. 8expert · hard · select all that apply

   A healthcare provider is planning a blockchain-based system to share patient records with other hospitals. The provider has identified several stakeholder groups. Which of the following are critical stakeholders whose alignment is essential for the project's success? (Select all that apply.)

   • AThe local coffee shop, because it is part of the community.
   • BCompeting hospitals, because they are the data recipients and must trust the system.
   • CPatients, because their consent and trust are required for sharing personal health data.
   • DThe hospital's IT department, because it must integrate and maintain the system.
   • ERegulatory bodies, because the system must comply with health data privacy laws.
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5. 9application · medium

   A global logistics company is planning to deploy a blockchain-based system to automate customs documentation and reduce clearance times. The IT team has built a successful prototype, but the rollout is stalling because customs brokers, who currently earn fees for manual document processing, are resisting the change. The company's leadership wants to move forward. What is the most effective initial strategy to secure buy-in from the customs brokers?

   • AEngage the brokers in a co-design workshop to redesign their role around higher-value advisory services, and establish a change champion network among them.
   • BMandate the use of the new system by setting a strict deadline and threatening penalties for non-compliance.
   • CProceed with the rollout and provide basic training only to the brokers who are directly involved in the pilot.
   • DOffer the brokers a one-time cash bonus to accept the new system, without changing their job description.
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6. 10expert · hard

   An international banking consortium is designing a blockchain for cross-border KYC (Know Your Customer) data sharing. The consortium must comply with conflicting data privacy regulations: the EU's GDPR (which emphasizes data minimization and the right to erasure) and a specific Asian country's data localization law (which requires that data on its citizens be stored on servers within that country). The consortium wants a single, unified blockchain network. Which governance and architecture strategy best resolves this conflict?

   • ADesign a hybrid architecture with a global permissioned blockchain for the KYC verification status and hashes, and deploy regional off-chain data stores that comply with local data residency requirements.
   • BUse a public permissionless blockchain so that no single entity is responsible for data storage, and therefore neither GDPR nor the Asian data localization law applies.
   • CStore all KYC data directly on the blockchain and rely on the immutability of the ledger to satisfy both GDPR and the Asian data localization law.
   • DExclude the Asian country from the consortium and create a separate, isolated blockchain network for that region.
   Reveal Solution Discussion Select an answer first