Blockchain Ecosystem and Use Cases BFC Practice Questions (Page 11)

Questions 51–52

1. 51application · medium

   A logistics company wants to improve supply chain finance by providing banks with real-time visibility into inventory levels and shipment status. They also want to automate financing based on inventory levels. Which blockchain feature is most important?

   • AA private ledger that only the logistics company can access.
   • BA public ledger where all inventory data is visible to everyone.
   • CA traditional database with manual reporting to banks.
   • DA shared ledger with smart contracts that trigger financing when inventory levels drop below a threshold.
   Reveal Solution Discussion Select an answer first
2. 52foundation · easy

   What is the primary characteristic of Decentralized Finance (DeFi) that distinguishes it from traditional finance?

   • AIt operates without centralized intermediaries, using smart contracts on a blockchain
   • BIt requires government approval for every transaction
   • CIt uses a centralized ledger maintained by a single bank
   • DIt is only available to accredited investors
   Reveal Solution Discussion Select an answer first