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Aim

Theory

Pretest

Procedure

Simulation

Posttest

References

Feedback

Smart Contract: Decentralized Fund Transfer and Network Confirmation

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Beginner

Intermediate

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What is the primary function of a smart contract?

a: To automatically execute agreements based on coded rules Explanation

Explanation

b: To store cryptocurrency in a digital wallet Explanation

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c: To connect devices like a Raspberry Pi to the internet Explanation

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d: To encrypt data for secure storage Explanation

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What is a key benefit of using smart contracts?

a: They require constant human supervision Explanation

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b: They reduce the need for intermediaries like banks Explanation

Explanation

c: They only work with physical contracts Explanation

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d: They increase transaction costs Explanation

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Where are smart contracts typically stored and executed?

a: On a single computer Explanation

Explanation

b: On a decentralized blockchain network Explanation

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c: In a smartphone app Explanation

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d: On a USB drive Explanation

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What must happen for a smart contract to perform an action?

a: A user must manually approve it Explanation

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b: Its predefined conditions must be met Explanation

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c: It needs to be rewritten each time Explanation

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d: It must connect to a central server Explanation

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Which of these is an example of a smart contract use case?

a: Sending a text message via Bluetooth Explanation

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b: Automatically transferring payment when a delivery is confirmed Explanation

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c: Charging a phone battery Explanation

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d: Printing a document Explanation

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Who can see the code of a smart contract on a public blockchain?

a: Only the person who wrote it Explanation

Explanation

b: Anyone with access to the blockchain Explanation

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c: Only government officials Explanation

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d: Only the bank managing it Explanation

Explanation

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