Practice Blockchain and Distributed Ledger Technology - 28.3.2 | 28. Digital Transformation and Financial Technology (FinTech) | Management 1 (Organizational Behaviour/Finance & Accounting)
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28.3.2 - Blockchain and Distributed Ledger Technology

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Learning

Practice Questions

Test your understanding with targeted questions related to the topic.

Question 1

Easy

What is a blockchain?

💡 Hint: Think about what makes it different from traditional databases.

Question 2

Easy

Name one function of smart contracts.

💡 Hint: What do they do when you fulfill a requirement?

Practice 4 more questions and get performance evaluation

Interactive Quizzes

Engage in quick quizzes to reinforce what you've learned and check your comprehension.

Question 1

What does a blockchain primarily ensure?

  • Centralization
  • Immutability
  • Insecurity

💡 Hint: Think about what 'immutable' means.

Question 2

True or False: Smart contracts require human intervention to execute.

  • True
  • False

💡 Hint: Recall how they function without external influence.

Solve 2 more questions and get performance evaluation

Challenge Problems

Push your limits with challenges.

Question 1

Design a simple smart contract for a service agreement between a graphic designer and a client, detailing conditions for payment upon project completion.

💡 Hint: What should be included to ensure both parties meet their responsibilities?

Question 2

Evaluate how the rise of cryptocurrencies could affect traditional banking systems, including both pros and cons.

💡 Hint: Consider both sides of the argument regarding innovations versus traditional values.

Challenge and get performance evaluation