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What Is Blockchain?

Authored by LOOI ANDREW

Computers

7th Grade - Professional Development

Used 2+ times

What Is Blockchain?
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5 questions

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1.

MULTIPLE SELECT QUESTION

1 min • 1 pt

How a bank transaction could fail?

Bad weather

Transfer limits

Account Hacked

It's a public holiday

2.

MULTIPLE SELECT QUESTION

1 min • 1 pt

Because of blockchain,cryptocurrencies ____________

are free

are immune to counterfeiting

don't require a central authority

are protected by strong and complex encryption algorithms

3.

MULTIPLE SELECT QUESTION

1 min • 1 pt

A hacker will not be able to alter the data in the blockchain because ______

each user has a copy of the ledger

the hacker is good at hacking

the hacker works for China

the data within the blocks are encrypted with by complex algorithms

4.

MULTIPLE SELECT QUESTION

1 min • 1 pt

Blockchain can be described as______

collection of records

linked with each other

strongly resistant to alternation

protected using cryptography

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

How blockchain helped Walmart?

Helping Walmart to identify the problem areas and fixing them

Helping Walmart to make more money

Create more Walmart chains

Pay less taxes

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