Quiz 3 - GELEC 1

What is a key characteristic of blockchain technology?

• Centralized ledger system

• Immutable and decentralized ledger

• Requires a single authority to validate transactions

• Designed for offline storage only

Which of the following is an application of blockchain technology?

• Cloud file storage

• Cryptocurrency transactions

• Virtual reality gaming

• Augmented reality simulations

What is the primary purpose of cryptocurrencies?

• Centralized banking systems

• Facilitating digital and decentralized transactions

• Storing physical assets

• Developing cloud storage

Which term refers to the process of validating transactions on a blockchain?

• Data mining

• Proof of Stake

• Proof of Delivery

• Digital hashing

What distinguishes Bitcoin from traditional fiat currencies?

• It is issued by a central bank

• It operates on blockchain technology

• It is backed by gold reserves

• It has no limitations in supply

What defines virtual reality (VR)?

• Enhancing the real-world environment with digital overlays

• Fully immersive computer-generated environments

• An online shopping platform

• Real-time cloud computing experiences

Which of the following is an example of augmented reality (AR)?

• A virtual tour of a museum

• A smartphone app that overlays directions on a street view

• A fully immersive VR headset game

• A cryptocurrency wallet app

How does AR differ from VR?

• AR creates a fully immersive digital environment

• AR enhances real-world environments, while VR replaces them

• VR is exclusively used for gaming, while AR is used in healthcare

• AR and VR are identical technologies

Which industry has widely adopted VR for training simulations?

• Retail

• Healthcare

• Aviation

• Agriculture

What is a significant challenge for VR adoption?

• Limited cloud storage capabilities

• High hardware costs and accessibility issues

• Lack of interest in immersive experiences

• Unavailability of blockchain integration