CBSA Blockchain Use Case Analysis 2

Question 1

A pharmaceutical company wants to prevent counterfeit drugs from entering the supply chain. Which blockchain capability is MOST critical for this use case?

Accepted Answer

Immutable provenance tracking

Answer

Smart contract automation

Answer

Tokenization of assets

Answer

Decentralized consensus voting

Question 2

A decentralized energy grid wants consumers to trade excess solar power with neighbors. Which blockchain model best fits peer-to-peer energy trading?

Accepted Answer

Public blockchain with token-based micropayments

Answer

Permissioned consortium blockchain with utility oversight

Answer

Private blockchain controlled by the utility company

Answer

Federated blockchain shared among national grids

Question 3

When evaluating a blockchain use case for cross-border remittances, which factor most differentiates blockchain from traditional SWIFT transfers?

Accepted Answer

Near-instant settlement without correspondent banks

Answer

Higher transaction throughput

Answer

Elimination of currency conversion fees

Answer

Stronger regulatory compliance tools

Question 4

A government land registry wants to move to blockchain. What is the primary benefit of this transition?

Accepted Answer

Elimination of title fraud through immutable ownership records

Answer

Automated tax collection via smart contracts

Answer

Faster property valuation algorithms

Answer

Decentralized mortgage lending

Question 5

Which scenario is the WORST fit for blockchain technology?

Accepted Answer

Managing a single company's internal employee records with one database admin

Answer

Tracking conflict minerals across a multi-party supply chain

Answer

Issuing verifiable digital diplomas to graduates

Answer

Enabling multiple insurers to share fraud data

Question 6

In a trade finance use case, a Letter of Credit is represented as a smart contract. Which benefit does this primarily deliver?

Accepted Answer

Automatic document verification and payment release upon condition fulfillment

Answer

Reduced need for KYC compliance

Answer

Elimination of import/export regulations

Answer

Lower currency exchange rates

Question 7

A hospital network wants to share patient records across providers while maintaining patient consent. Which architecture element is MOST essential?

Accepted Answer

Patient-controlled private keys managing access permissions

Answer

Proof-of-Work consensus for record security

Answer

Full data storage of medical records on-chain

Answer

Public blockchain for maximum transparency