Blockchain
Understanding Blockchain: Tokenisation and Smart Contracts Quiz
Test your knowledge on the exciting world of blockchain technology! This quiz covers essential concepts like tokenisation, smart contracts, and their applications in various industries.
- 10 engaging questions
- Multiple-choice format
- Learn while you play!
What is tokenisation?
Process of creating tokens for business processes.
Process of exchanging non-sensitive data for sensitive data called "tokens".
Process of exchanging sensitive data for non-sensitive data called "tokens".
process of exchanging qurrancy for tokens to secure company's finances.
What is purpose of tokenisation?
increasing accuracy of information.
Increasing the size of the database.
Increasing the safety of data.
increasing the speed of information processing.
What can be used to represent final look of the product?
Utility tokens
Tokenisation
Metaverse
All of the above
Which maked it possible to pay in cryptocurrency?
Security tokens
Utility tokens
Payment tokens
All of the above
What is the right definition of smart contracts?
Smart contracts are programs stored on a blockchain that run when certain conditions are met.
Smart contracts are programs that run when certain conditions are met and are hard to attack
Smart contracts are programs, which can automate a workflow, they are stored on a blockchain that run when certain conditions are met
Programs that make business process easier
How smart contacts work technically?
Smart contacts are executed on a blockchain and each part can easily be changed
Smart contracts are a part of the code
Smart contracts are executed on blockchain, which means that the terms are stored in a distributed database and cannot be changed
Smart contracts are executed on blockchain, which means that the terms are stored in a distributed database and can be changed
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