Blockchain Mock Interview
Master 26 Blockchain interview questions covering consensus algorithms, smart contracts, and cryptography.
Question 9 of 26
In addition to financial data, what other types of records can be kept in a blockchain?
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William Swansen has worked in the employment assistance realm since 2007. He is an author, job search strategist, and career advisor who helps individuals worldwide and in various professions to find their ideal careers.
The reason an interviewer will ask this type of question is to determine how broad your knowledge of this topic is. In this particular case, most people who are knowledgeable about blockchains tend to focus on financial records and transactions related to Cryptocurrencies. By asking this question, the interviewer is trying to determine if you are aware of other types of blockchains. This is important since the use of Blockchain is expanding into other industries and applications.
William Swansen has worked in the employment assistance realm since 2007. He is an author, job search strategist, and career advisor who helps individuals worldwide and in various professions to find their ideal careers.
"While blockchains are typically associated with financial transactions, any type of information can be maintained within a blockchain. Examples of these include transaction processing, identity management, general management activities, corporate events, all types of documentation, and individual records, such as medical information. As time progresses, new and innovative uses of blockchains will be developed since it is an easy and secure methodology for storing information."
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