In Which of the Following Situations Would Blockchain Add Value

question 1

Multiple Choice

In which of the following situations would blockchain add value?

• A)Multiple parties that do not trust each other want to collaborate.
• B)Management would like to automate routine tasks.
• C)A prediction on weather related losses is needed.
• D)Contracts need to be reviewed for revenue recognition.

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Definitions:

Connecting System

A system designed to link two or more computing systems or software applications for the purpose of sharing data or functionality.

IS Skills

Information Systems skills entail the abilities and knowledge required to manage, develop, and implement technology and information systems effectively in organizations.

Consultative Function

A consultative function involves advising or providing expert recommendations to individuals or organizations, typically in decision-making processes.

System Integration

The process of linking together different computing systems and software applications functionally, to act as a coordinated whole.