Chapter B2

Question 1

In ______ networks, you find collaboration with non-competitors.

Answer 1

founder

Question 2

According to IBM, there is an opportunity to use blockchain to solve existing business problems if the use of blockchain helps reduce cost, supports regulator compliance and if there is a need for ______.

Answer 2

consensus

Question 3

The final step of IBM’s blockchain benefits model is called ______ economy.

Answer 3

token

Question 4

In Cross-Industry Networks, collaboration is usually done with…

Answer 4

non-traditional partners

Question 5

In IBM’s blockchain benefits model, there are 4 steps. The first one is called “Elimination of token ecosystems”.

Answer 5

False.

Question 6

There are different levels in IBM’s blockchain network design framework, for example:

Answer 6

establish, evolve

Question 7

In the blockchain network design framework, governance design is one of the key components.

Answer 7

True.

Question 8

True / False: Businesses can get involved in a blockchain network by building an own blockchain solution and/or blockchain network.

Answer 8

True.

Question 9

True / False: According to IBM, it makes sense to use blockchain for a business use case if a use case involves only one company.

Answer 9

False.

Question 10

According to IBM, it makes sense to use blockchain for a business use case if…

Answer 10

there is a need for consensus.

Question 11

IBM’s blockchain network design framework consists of…

Answer 11

technology design, business value design, governance design

Question 12

According to IBM, there is an opportunity to use blockchain to solve existing business problems if the use of blockchain…

Answer 12

helps reduce cost, supports regulator compliance

Question 13

What is/are not a key consideration(s) in IBM’s blockchain network design?

Answer 13

Can you make sure that at least some of the components are centralized?, Is every member based in the same country?