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Blockchain Application for business > Chapter C4. Use Cases of Blockchain: Supply Chains & IoT > Flashcards

Chapter C4. Use Cases of Blockchain: Supply Chains & IoT Flashcards

1
Q

Industry 4.0 phases

A

> > 1st: Mechanization, water power, stream power
2nd: Mass production, assembly line, electricity
3rd: Computer and automation
4th: Cyber Physical Systems ( where we currently are)

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2
Q

Why A-B-C?

A

We want systems that are:
•Smart (AI)
•Trustworthy (Blockchain)
•Networked (Connected IoT)

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3
Q

Iot Architecture

A
  • Things&raquo_space; Sensors, Actuators, Smart Devices
  • Edge Network&raquo_space; Low-power Wireless Networks, Edge Computing, Gateway
  • Internet and Middleware&raquo_space; TCP/IP, REST, Pub-Sub
  • Cloud Services&raquo_space; Computation, Storage, Data Analytics
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4
Q

How IoT will provide value?

A
  • Provide more visibility into operations
  • Make service operations more efficient
  • Enable new business models
  • New products and service offerings
  • Improve manufacturing processes
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5
Q

What is the value of IoT to business?

A 
• tracking
• compliance and quality
 automating data entry - reduce costs
• higher quality/ granularity of data from automation 
• R&D cost savings
• Preventative maintenance scheduling
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6
Q

The IoT Architecture consists of:

Select one or more:

a.
Edge Network

b.
Intranet

c.
Cloud Services

d.
Things

A

a, c and d

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7
Q

The four phases of the Industry 4.0 include…

Select one or more:

a.
Mechanization

b.
Decentralization

c.
Computer and automation

d.
Mass production

A

a, c and d

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8
Q

IoT will provide value by…

Select one or more:

a.
providing a solution for security issues

b.
developing new products and service offerings

c.
improving manufacturing processes

d.
making service operations more efficient

A

b, c and d

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9
Q

GPS

Select one or more:

a.
is easily lost under foliage

b.
can be used to provide coarse- grained location tracking of assets

c.
is owned and operated by US Gov (USAF)

d.
is satellite based

A

a, c and d

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10
Q

RFID characteristics:

A
  • Uses EM Waves to detect and identify radio tags

* Can be used to provide coarse-grained location tracking of assets

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11
Q

Basic concepts of an IoT device are:

Select one or more:

a.
Smart homes

b.
Smart people

c.
Smart connected cars

d.
Smart cities

A

a, c and d

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12
Q

IoT can be defined as a network of computationally intelligent physical objects…

Select one or more:

a.
that are sensing real-world events or environments

b.
that are communicating new information over the internet

c.
that are collecting relevant data

d.
that are capable of connecting to the blockchain

A

a, b and c

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13
Q

The four functions performed by an IoT device are:

Select one or more:

a.
Sensing

b.
Contrasting

c.
Sending

d.
Collecting

A

a and d

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14
Q

Four functions of Iot:

A

sensing, reacting, collecting and communicating

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15
Q

Benefits that blockchain can bring to the IoT are:

Select one or more:

a.
Aspect of centralization

b.
Accelerating transactions

c.
Decreasing the scalability of business processes

d.
Reduction of costs

A

b, c and d

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16
Q

IoT stands for…

Select one or more:

a.
Intranet of Things

b.
Internet of Transactions

c.
Information on Transactions

d.
Internet of Things

A

d

17
Q

KYC is short for Know Your Consensus.

Select one:
True
False

A

False

> > Know Your Customer

18
Q

Blockchain-based IoT can also thwart denial of service attacks where hackers can target a centralized server or data center more efficiently.

Select one:
True
False

A

True

19
Q

A five-layer model can be used to describe IoT, which contains:

Select one or more:

a.
Network Layer

b.
Application Layer

c.
Sensing Layer

d.
Communication Layer

A

a and b

20
Q

IoT five-layer model

A
  • Application layer
  • Management layer
  • Network layer
  • Device layer
  • Physical Objects
21
Q

The benefits of IoT are:

Select one or more:

a.
privatization of public companies

b.
improving performance based on the data provided by the IoT devices

c.
enabling businesses to make vital decisions

d.
cost saving

A

b, c and d

22
Q

ADC is short for _______.

A

Analog to Digital Converter

23
Q

AML means _______.

A

Anti Money Laundering

24
Q

The ______ Layer includes sensors, actuators, smart devices.

A

Device

25
Q

RFID is short for _________.

A

Radio-Frequency Identification

Blockchain Application for business (14 decks)

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