Blockchain Applications Quiz

1. Which blockchain platform does Walmart use to improve the traceability of its food supply chain?

  • A) Ethereum
  • B) IBM Food Trust
  • C) TradeLens
  • D) Quorum

2. What is the primary focus of the TradeLens platform developed by Maersk and IBM?

  • A) Diamond provenance tracking
  • B) Supply chain management for the food industry
  • C) Streamlining global shipping processes
  • D) Financial transaction security

3. Which company uses the Tracr platform for tracking diamond provenance?

  • A) FedEx
  • B) De Beers
  • C) Nestlé
  • D) BP

4. What is the main benefit of using blockchain in supply chain management?

  • A) Reduces the need for digital contracts
  • B) Increases transparency and traceability
  • C) Speeds up shipping times
  • D) Eliminates the need for any paperwork

5. Which blockchain platform does JPMorgan Chase use for secure financial transactions?

  • A) Ethereum
  • B) IBM Food Trust
  • C) Quorum
  • D) TradeLens

6. Which company uses blockchain to track coffee supply chain transparency?

  • A) Coca-Cola
  • B) Nestlé
  • C) Starbucks
  • D) Anheuser-Busch InBev

7. What is the main advantage of De Beers using Tracr for diamond tracking?

  • A) Speeds up the mining process
  • B) Ensures diamonds are ethically sourced and conflict-free
  • C) Increases diamond prices
  • D) Reduces the cost of mining

8. What is the purpose of Amazon Managed Blockchain?

  • A) To sell blockchain-based products to consumers
  • B) To allow businesses to create and manage blockchain networks
  • C) To provide financial services using blockchain
  • D) To mine cryptocurrencies

9. Which industry benefits from Pfizer's use of blockchain technology?

  • A) Food and Beverage
  • B) Energy
  • C) Pharmaceutical
  • D) Fashion

10. Which company uses IBM Food Trust to enhance its beverage supply chain?

  • A) Anheuser-Busch InBev
  • B) Microsoft
  • C) Maersk
  • D) FedEx