A logistics company wants to tokenize shipping containers to track their location and condition in real time. Which type of token would be most appropriate for this use case?

A utility token that can be used to pay for shipping services.

A non-fungible token (NFT) that represents each container's unique identity and history.

A fungible token, because all containers are identical.

A security token that represents ownership of the container fleet.

EC-CouncilBlockchain Developer Certification

Domain 4Objective 6

Use Cases and Future Trends in Tokenization BDC Practice Questions (Page 8)

Part of the Cryptomining, Tokenization, and Digital Assets domain, which makes up ~10% of our current practice bank.

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Questions 36–36

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A logistics company wants to tokenize shipping containers to track their location and condition in real time. Which type of token would be most appropriate for this use case?
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Use Cases and Future Trends in Tokenization BDC Practice Questions (Page 8)

Questions 36–36

A logistics company wants to tokenize shipping containers to track their location and condition in real time. Which type of token would be most appropriate for this use case?

Keep studying — Cryptomining, Tokenization, and Digital Assets