BLOCK CHAIN TECHNOLOGY QUESTION BANK

1. What is Block-Chain Technology.

2. What are the various application areas of Block-Chain Technology
3. Write Short Notes / Short Answer Questions

1. Shared ledger

2. Permissions

3. Consensus

4. Smart contracts

5. Mining Pools

6. Hashcash

1. Give the various applications of Block-Chain. Write 2 Use-cases of Block Chain Technology.
2. Draw and explain the working of Block-Chain NETWORK.
3. Define the fundamentals of Block-Chain technology. Give the various real-life examples of Block-
Chain Technology
4. Explain Tracing Blockchain’s Origin?
5. Discuss the shortcomings of current transaction systems?
6. Explain The emergence of bitcoin ?
7. Explain the birth of blockchain along with the history of blockchains?
8. How Blockchain is Revolutionizing the Traditional Business Network ? Explain with
example?
9. Write a shot note on exploring a blockchain application?

10. List the key features of bitcoin cryptocurrency?

11. What are the different types of blockchains.
12. What is an advantage of a public blockchain over private block chain ?
13. How do blockchains use private and public-key cryptography?
14. What is the task of miners in a blockchain network?
15. Describe the Proof of Work (PoW) consensus algorithm?
16. What is an advantage of using the consensus algorithm Proof of Elapsed Time (PoET)
instead of Proof of Work (PoW)?
17. What are the characteristics of the Hyperledger network?
18. Explain the best use cases for smart contracts?
19. How does blockchain technology benefit the insurance industry?
20. What is an example of how a government is actively promoting the use of blockchain?