Blockchain Adoption and Maturity Model BFC Practice Questions (Page 7)

Questions 31–35

1. 31foundation · easy

   Which metric is most appropriate for measuring the success of a blockchain adoption initiative focused on reducing reconciliation effort?

   • ATime required to reconcile transactions across parties
   • BHash rate of the underlying blockchain network
   • CNumber of smart contracts deployed
   • DNumber of blockchain nodes in the network
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2. 32expert · hard

   A logistics company has implemented a blockchain for shipment tracking. The company is at the 'defined' maturity stage and wants to move to the 'managed' stage. Which action is most aligned with advancing to the managed stage?

   • ARun a new pilot to test a different use case
   • BDocument all processes and procedures for the blockchain
   • CIncrease the number of blockchain nodes to improve redundancy
   • DEstablish quantitative performance metrics and use them to manage the blockchain operations proactively
   Reveal Solution Discussion Select an answer first
4. 33expert · hard

   A bank has implemented a blockchain for trade finance. They want to measure success, but they have conflicting stakeholder expectations: the IT team wants to measure technical performance, the business team wants to measure cost savings, and the compliance team wants to measure auditability. What is the best approach?

   • AUse a balanced scorecard with metrics from all three perspectives
   • BFocus on cost savings only, as it is the most important
   • CDefer measurement until the system is fully mature
   • DUse only technical metrics to satisfy the IT team
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5. 34expert · hard

   A company has been running a blockchain pilot for six months. They have proven the technical feasibility, but they have not yet achieved significant business value. They are at a crossroads: they can either scale the pilot to production or stop. According to a maturity model, what should they consider?

   • AScale the pilot to production and measure value after
   • BConduct a business value assessment and define KPIs before deciding
   • CScale to production immediately to gain first-mover advantage
   • DStop the project because the pilot did not show value
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6. 35application · medium

   A manufacturing company has been running a blockchain pilot for six months. The pilot has proven technical feasibility, but the company has not yet defined formal processes for scaling. According to a maturity model, what should the company do next to advance to the next maturity stage?

   • AImmediately deploy the solution across all business units without further planning
   • BFocus only on optimizing the existing pilot without any documentation
   • CDocument the lessons learned and define standardized processes for scaling the solution
   • DAbandon the pilot because it has not yet generated revenue
   Reveal Solution Discussion Select an answer first