Chapter C3. Use Cases of Blockchain: Automotive Industry

Question 1

Decisions in blockchain systems:

Answer 1

1. Demand Management
2. Data Authenticity
3. System Architecture Development - how do you decided how the components of the system will be developed?
4. Membership - how do you allow companies to join?
5. Ownership Disputes - ownership of the data stored
6. Transaction Reversal - if something goes wrong how do you deal with it? (blockchain is immutable)

Question 2

A private ______ blockchain can be joined only by registered participants.

Answer 2

consortium

Question 3

In an open or ______ blockchain, anyone can join the network.

Answer 3

public

Question 4

While open blockchains are similar to the internet concept, private consortium blockchains are similar to the _______ concept.

Answer 4

intranet

Question 5

Blockchain is the same as a cryptocurrency.

Select one:
True
False

Answer 5

False

Question 6

The Cardossier offers shared operational efficiency, enabling the automation of cross-company processes.

Select one:
True
False

Answer 6

True

Question 7

Blockchain is a technology.

Select one:
True
False

Answer 7

True

Question 8

The expected effects of the Cardossier on the used car market are:

Select one or more:

a.
enhancement of government taxes on car sales

b.
generation of profit

c.
improvement of market value

d.
benefits for both buyers and sellers

Answer 8

b, c and d

Question 9

Open Public Blockchains are similar to the “Intranet” concept.

Select one:
True
False

Answer 9

False

Question 10

The value proposition of the Car Dossier includes…

Select one or more:

a.
Transcendence

b.
Transparency

c.
Trust by design

d.
Shared Governance

Answer 10

b, c and d

Question 11

Managing the life cycle of a car with blockchain technology means…

Select one or more:

a.
preventing digitalization of the car-related ecosystem

b.
collecting all relevant information along the life cycle of a car

c.
allowing secure and reliable data exchange and ownership

d.
creating transparent, trustworthy and verified car history reports

Answer 11

b, c and d