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CBBF Certified Blockchain Business Foundations Questions and Answers

Questions 4

Which of the following are practical use cases for Blockchain?

Options:

A.

Voting

B.

A video sharing website

C.

Medical records

D.

Identity management

E.

All of the above

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Questions 5

In its simplest state, a ledger_______________.

Options:

A.

determines which node stores the assets

B.

records the transfer of an asset between participants

C.

proves ownership on the Blockchain

D.

provides privacy to users on the Blockchain

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Questions 6

What is the focus or primary goal of a private Blockchain? Select all that apply.

Options:

A.

To provide anonymity in business

B.

To save money by eliminating intermediaries

C.

To create a distributed database that allows for CRUD

D.

To provide transparency and trust for business while remaining secure

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Questions 7

The Ethereum Blockchain provides a/an _____________ virtual machine.

Options:

A.

Windows compatible

B.

energy efficient

C.

Linux compatible

D.

turing-complete

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Questions 8

Which type of data can be stored on a Blockchain?

Options:

A.

A financial transaction

B.

A vote cast in an election

C.

A personal medical record

D.

Romeo and Juliet: The entire play

E.

All of the above

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Questions 9

What are the drawbacks of using Blockchain? Select all that apply

Options:

A.

High cost of developers

B.

Changing technology and the lack of a stable standard

C.

Its use of cryptography

D.

Its use of new applications

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Questions 10

Why is a private Blockchain used instead of a public one?

Options:

A.

To limit user access and permissions

B.

It is less expensive to develop

C.

It requires less mining power than a public Blockchain

D.

It requires fewer administrators to manage it

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Questions 11

Blockchain work best when they are _____________ .

Options:

A.

Combined with other technologies

B.

Used for financial applications

C.

Used alone

D.

Used as an alternative to a database

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Questions 12

What does immutable mean?

Options:

A.

Fault tolerant

B.

Unable to be changed

C.

Highly secure

D.

None of the above

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Exam Code: CBBF
Exam Name: Certified Blockchain Business Foundations
Last Update: Apr 15, 2024
Questions: 84
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