Question

In: Accounting

1. (True or False) A use case for blockchain may exist wherever there is a significant...

1. (True or False) A use case for blockchain may exist wherever there is a significant cross-organization workflow.

2. (True or False) Ethereum is a type of artificial intelligence.

3. (True or False) Consortium blockchain has no access restrictions in relation viewing or participating in the blockchain network.

4. (True or False) Smart contracts may be an opportunity for auditors as they contain business rules.

5. (True or False) The cost of false prediction is important to data analysts.

6. (True or False) Alexa from Amazon and Siri form Apple are examples for robotic process automation.

7. (True or False) Artificial neural networks are the engines of machine learning.

8. (True or False) Machine learning requires less data than general Artificial intelligence.

9. (True or False) Blockchain is highly regulated technology.

10. (True or False) The key difference between artificial intelligence applications and machine learning is that machine learning involves the computer learning from specific instructions versus experience.

Solutions

Expert Solution

1.True:-A use of blockchain may exist wherever there is a significant cross-organization workflow which will improve auditability and automation of manual processes.

2.False:-Ethereum is a blockchain based software used for cryptocurrency "ether".It can be combined with artificial intelligence to provide a secured and private artificial intelligence computing programme.

3.False:-A Public block chain has no access restrictions in relation to viewing or participating in the block chain network.A Private block chain allows one party to have full control over the access in relation to viewing or participating in netwrok with predetermined nodes.A Consortium Block chain is a combination of public and private blockchain network which has set of predefined users having control and access to viewing or participating in network.It has access restrictions to users not in network.

4.True:-Smart contract audit involves scrutinizing the business rules set in it and this audit allows to fix issues before the same is deployed.

ekkarill92 answered 1 year ago
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