Blockchain Business Models and ROI BDC Practice Questions (Page 2)

Questions 6–10

1. 6application · medium

   A government agency is considering a blockchain-based land registry to reduce fraud and improve transparency. The agency must conduct a cost-benefit analysis. Which factor should be included as an intangible benefit in the analysis?

   • ARevenue from charging higher fees for expedited registration
   • BIncreased public trust in the land registry system
   • CReduction in legal fees from fewer title disputes
   • DDecrease in the number of staff required to process registrations
   Reveal Solution Discussion Select an answer first
2. 7application · medium

   A retail consortium implemented a blockchain-based loyalty program where customers earn tokens for purchases that can be redeemed across all member stores. After one year, the consortium wants to assess whether the program has increased customer retention. Which metric would best measure this outcome?

   • ACustomer repeat purchase rate across member stores
   • BTotal number of tokens in circulation
   • CAverage number of tokens earned per transaction
   • DNumber of member stores participating in the program
   Reveal Solution Discussion Select an answer first
4. 8application · medium

   A group of food producers, distributors, and retailers wants to create a shared record of organic certification to reduce fraud and improve consumer confidence. They are considering a blockchain solution. Which value proposition of blockchain is most directly relevant to reducing certification fraud?

   • AImmutability of the certification records once written
   • BTransparency of all transactions to all participants
   • CHigh transaction throughput for processing certifications
   • DDecentralization of the network across multiple nodes
   Reveal Solution Discussion Select an answer first
5. 9application · medium

   A group of competing banks wants to share customer credit history to reduce fraud, but they are concerned about regulatory compliance and competitive advantage. Which blockchain business model best fits their needs?

   • AConsortium blockchain with permissioned access and shared governance
   • BB2C blockchain platform offering credit scores to consumers
   • CPublic blockchain with open access for all financial institutions
   • DPrivate blockchain operated by a single bank
   Reveal Solution Discussion Select an answer first
6. 10expert · hard

   A consortium of shipping companies implemented a blockchain-based bill of lading system. After one year, they observed a 30% reduction in document processing costs, but the adoption rate among member companies is only 40%. The consortium is considering whether to continue the project. Which approach best evaluates the project's sustainability?

   • AFocus only on the cost reduction achieved so far and declare the project successful
   • BIncrease the token rewards for using the system to boost adoption, regardless of cost
   • CEvaluate the ROI using both the achieved cost savings and the projected benefits if adoption increases, while also analyzing the barriers to adoption
   • DDiscontinue the project because the adoption rate is below 50%
   Reveal Solution Discussion Select an answer first