Q2. What are the factors used in the authentication of older wines?
For older wines, factors such as a label’s design and paper used by a producer in the stated year of production are used in the authentication (Mathieson, 2017).
Q3. What is the key driving factor for achieving organizational goals?
As to the factors affecting Y, especially the incorporation of the IoT emerged as a key driving factor to achieve key organizational goals.
Q4. What is the largest container carrier in the world?
The Danish shipping company Maersk is the world’s largest container carrier and accounts for 18% to 20% of the market (Groenfeldt, 2017).
Q5. What are some of the promising applications of blockchain outside finance?
Some of the most promising non-finance applications of blockchain are expected to include those in supply chain, power and food/agriculture.
Q6. What is the name of the company that keeps a list of owners of stocks?
For instance, the Depository Trust Company, which is a clearing and settlement institution established in 1973 is a member of the Federal Reserve keeps a list of owners of stocks.
Q7. What is the main reason why blockchain is being used in supply chain management?
An increasing reliance on the use of Internet-of-things (IoT) applications is among the trends that will affect supply chain management (SCM).
Q8. How long did it take to trace food origins?
the tests performed on Chinese pork, and U.S. mangoes revealed that tracing food origins could be handled in 2.2 s, which used to take many weeks with non-blockchain technologies (Nation, 2017).
Q9. How long did it take to negotiate the relationships needed to make the service possible?
Everledger Founder and CEO Leanne Kemp noted that it took about 18 months to negotiate the relationships needed to make the Everledger service possible (Clancy, 2017).
Q10. Why are not all countries ready to participate in blockchain-based solutions?
due to the requirement of high degree of computerization, not all countries are ready to participate in blockchain-based solutions.
Q11. What is the key point that needs to be emphasized here?
A key point that needs to be emphasized here is that while IoT devices are one of the major means to validate identities, this process does not necessarily require IoT deployment.
Q12. What are the key objectives of the supply chain management?
Table 2 provides illustrative examples of how blockchain can contribute to key supply chain management objectives such as cost, quality, speed, dependability, risk reduction, sustainability and flexibility.
Q13. What is the main approach to evaluating suppliers?
Some use supplier self-evaluation, in which supply chain partners declare how they have tackled environmental and social issues (Trowbridge, 2001).
Q14. Why are permissionless and permissioned chains more appropriate for the tech and auto industries?
Partly because there is a challenge in bringing a large number of parties together, blockchain-based supply chain products are likely to be more appropriate for the tech and auto industries.
Q15. What is the main difference between IBM’s and previous methods?
Despite a higher degree of decentralization of IBM’s blockchain-based technology for tracking shipments compared to previous methods, it arguably “concentrates power in a handful of entities” (Popper & Lohr, 2017).