1.5 QUIZ # 1: INTRODUCTION TO BLOCKCHAIN(RATED A+)

1.5 QUIZ # 1: INTRODUCTION TO
BLOCKCHAIN(RATED A+)
True - ANSWERThrough trust and transparency blockchain enables new
opportunities and business models enabling top-line growth and competitive
advantage. T/F

True - ANSWERIt is said that founders of blockchain projects dream large and act
incrementally. T/F

False - ANSWERBlockchain has a narrow application to only a few industries. T/F

True - ANSWERBlockchain applications can be programmed in various languages.
T/F

False - ANSWERBlockchain is a shared, centralized, compressed, and variable
digital ledger. T/F

False - ANSWERParticipants need no motivation to perpetuate a private blockchain.
T/F



True - ANSWERThe authors believe that Blockchain is a transformative technology.
T/F

True - ANSWERUsing your project or use case, cost can be calculated to determine
an ROI. T/F

False - ANSWERGovernance is not needed in a blockchain network. T/F

True - ANSWERBlockchain can leverage the collective knowledge of a group of
members. T/F