Web3 and Crypto Integration MCQs September 30, 2025 by u930973931_answers 50 Score: 0 Attempted: 0/50 Subscribe 1. : Which of the following is a key component of Web3? (A) Centralized servers (B) Decentralized applications (C) Legacy banking systems (D) Traditional browsers 2. : The integration of cryptocurrency payments into e-commerce platforms mainly enables ____. (A) Faster international transactions (B) Slower settlements (C) Centralized data storage (D) Restricted payment options 3. : Which Web3 wallet is widely used for interacting with dApps? (A) PayPal (B) MetaMask (C) Skrill (D) Stripe 4. : Smart contracts primarily run on which blockchain platform? (A) Ethereum (B) MySQL (C) Facebook (D) Oracle 5. : Which layer of Web3 deals with blockchain scalability solutions like Polygon? (A) Layer 1 (B) Layer 2 (C) Layer 3 (D) Layer 0 6. : NFTs are an example of Web3 integration in which industry? (A) Manufacturing (B) Digital art and collectibles (C) Oil and gas (D) Aerospace engineering 7. : Which consensus mechanism is widely used in Web3 blockchains after Ethereum’s Merge? (A) Proof of Work (B) Proof of Stake (C) Proof of Authority (D) Delegated Proof of Burn 8. : Which company integrated Bitcoin payments in 2021 through Lightning Network? (A) Starbucks (B) Twitter (C) Tesla (D) Amazon 9. : The term “Web3” was popularized by ____. (A) Gavin Wood (B) Vitalik Buterin (C) Satoshi Nakamoto (D) Charles Hoskinson 10. : Which protocol is commonly used to connect Web3 apps to Ethereum nodes? (A) SMTP (B) HTTPS (C) JSON-RPC (D) FTP 11. : DAOs in Web3 are mainly designed for ____. (A) Centralized business management (B) Community governance (C) Government elections (D) Traditional banking 12. : Which payment processor started allowing merchants to accept crypto in 2021? (A) Visa (B) Western Union (C) MoneyGram (D) Payoneer 13. : Web3 browsers like Brave reward users with which cryptocurrency? (A) BTC (B) ETH (C) BAT (D) SOL 14. : Which Web3 feature enhances user control over personal data? (A) Self-sovereign identity (B) Centralized KYC (C) Cloud-based storage (D) Corporate monitoring 15. : Which blockchain is widely known for NFT marketplaces like Magic Eden? (A) Ethereum (B) Solana (C) Ripple (D) Cardano 16. : What does DeFi stand for in Web3? (A) Decentralized Finance (B) Defined Finance (C) Delayed Funding (D) Digital Fidelity 17. : Which of the following is a Web3 storage solution? (A) Google Drive (B) Dropbox (C) IPFS (D) OneDrive 18. : Which payment company partnered with Coinbase to launch crypto debit cards? (A) MasterCard (B) Western Union (C) American Express (D) Discover 19. : Which of these is a Web3 social media platform? (A) Facebook (B) Twitter (C) Lens Protocol (D) Instagram 20. : The main advantage of integrating crypto with Web3 applications is ____. (A) Trustless transactions (B) Slower transfers (C) Higher bank fees (D) Manual settlements 21. : Which blockchain feature ensures transparency in Web3? (A) Centralized ledgers (B) Immutable records (C) Cloud backups (D) Manual approvals 22. : Which NFT marketplace is the largest on Ethereum? (A) OpenSea (B) Rarible (C) Blur (D) SuperRare 23. : Which Web3 concept allows users to connect one wallet to multiple applications? (A) Interoperability (B) Monopolization (C) Centralization (D) Token inflation 24. : Which stablecoin is most widely integrated in Web3 dApps? (A) DAI (B) Tether (USDT) (C) USD Coin (USDC) (D) TerraClassicUSD 25. : What role do oracles play in Web3 and crypto integration? (A) Provide external data to smart contracts (B) Store NFTs (C) Mine Bitcoin (D) Validate proof of work 26. : Which Web3 tool enables developers to interact with Ethereum blockchain? (A) ReactJS (B) Web3.js (C) Angular (D) Node.js 27. : Which company announced crypto tipping features on social platforms? (A) Facebook (B) Instagram (C) Twitter (D) Snapchat 28. : The transition of Ethereum from Proof of Work to Proof of Stake was called ____. (A) The Flippening (B) The Merge (C) The Shift (D) The Fork 29. : Which blockchain is famous for its fast transactions and low fees, used in Web3 gaming? (A) Bitcoin (B) Solana (C) Ethereum (D) Litecoin 30. : Which feature of Web3 eliminates the need for intermediaries? (A) Smart contracts (B) Central servers (C) Corporate governance (D) Payment gateways 31. : Which popular Web3 protocol provides cross-chain liquidity? (A) Uniswap (B) Thorchain (C) PancakeSwap (D) Aave 32. : Which of these companies launched Novi crypto wallet integration with WhatsApp? (A) Apple (B) Meta (C) Google (D) Amazon 33. : In Web3, a “gas fee” refers to ____. (A) Storage fee for IPFS (B) Transaction cost on blockchain (C) VPN usage charge (D) Token listing fee 34. : Which Web3 project is focused on decentralized video streaming? (A) Theta Network (B) Ripple (C) Aave (D) Polkadot 35. : Which Web3 concept ensures that no single party controls the system? (A) Decentralization (B) Virtualization (C) Privatization (D) Optimization 36. : Which blockchain introduced the ERC-20 token standard? (A) Ethereum (B) Binance Smart Chain (C) Solana (D) Polygon 37. : Which Web3 payment option is integrated in Shopify for crypto transactions? (A) Coinbase Commerce (B) PayPal (C) Skrill (D) Alipay 38. : What is the primary goal of Web3 identity solutions? (A) User-owned digital identity (B) Government ID verification (C) Centralized passwords (D) Bank-issued usernames 39. : Which blockchain is often used for supply chain integration in Web3? (A) VeChain (B) Litecoin (C) Dogecoin (D) Bitcoin Cash 40. : Which Web3 gaming project popularized “play-to-earn”? (A) Axie Infinity (B) Candy Crush (C) PUBG (D) Fortnite 41. : Which stablecoin is fully decentralized and created by MakerDAO? (A) USDC (B) Tether (USDT) (C) DAI (D) BUSD 42. : Which Web3 platform is known as a decentralized YouTube alternative? (A) DTube (B) Twitch (C) Vimeo (D) DailyMotion 43. : Which crypto exchange integrated NFT marketplaces in its Web3 ecosystem? (A) Binance (B) Kraken (C) KuCoin (D) OKX 44. : Which of the following is a decentralized oracle network? (A) Chainlink (B) Polygon (C) Ripple (D) Tezos 45. : Web3 integration in healthcare can improve ____. (A) Patient data ownership (B) Slower reporting (C) Centralized file storage (D) Higher medical fees 46. : Which DeFi lending protocol is commonly integrated with Web3 wallets? (A) Aave (B) Dropbox (C) Spotify (D) Netflix 47. : Which company allowed Bitcoin payments for electric cars before pausing the service? (A) Tesla (B) Ford (C) Toyota (D) Honda 48. : What does “cross-chain integration” in Web3 achieve? (A) Transfers assets across different blockchains (B) Restricts transactions to one chain (C) Creates centralized ledgers (D) Eliminates smart contracts 49. : Which Web3 infrastructure provider offers Ethereum API services? (A) Infura (B) Oracle (C) Microsoft Azure (D) SAP 50. : Which decentralized exchange pioneered automated market maker (AMM) model? (A) PancakeSwap (B) Uniswap (C) SushiSwap (D) Curve Finance