Certified Blockchain Business Foundations Page 3(Dumps)

Question No:-21

Once a record is stored on the Blockchain ____________.

  1. the record is moved to a secure server
  2. the record is stored on a central node
  3. it can be changed by an authorized person
  4. the record is permanent

Question No:-22

An asset is defined as ____________.

  1. all records on a database
  2. any data on the ledger
  3. anything of value requiring accountability of ownership
  4. any record on a private network

Question No:-23

One solution to increasing Blockchain Transactions Per Second (TPS) is________.

  1. adding more network nodes
  2. off-chain transactions
  3. using faster microprocessors
  4. fewer regulations

Question No:-24

Blockchain applications can provide____________________.

  1. the elimination of intermediaries
  2. building more trust between trusted parties
  3. collaboration between trusted parties
  4. better cooperation between banks

Question No:-25

A Blockchain does NOT provide which attribute?

  1. Security through distribution
  2. Anonymity through cryptography
  3. Fault Tolerance through distribution
  4. Immutability through hashing

Question No:-26

____________ledger technology is referred to as DLT.

  1. Distributed
  2. Decentralized
  3. Database
  4. All of the above
  5. None of the above

Question No:-27

In a private business Blockchain, transactions are endorsed by______________.

  1. only relevant business participants
  2. only the smart contract developer
  3. all the nodes on the Blockchain
  4. all participants with access to the network

Question No:-28

Blockchain allows for which of the following?

  1. Anonymous Cryptography
  2. Trust in central authorities
  3. A fast and efficient ledger
  4. A peer to peer ledger without the need of a third party

Question No:-29

Smart Contracts DO NOT provide_______________.

  1. Authority
  2. Anonymity
  3. Efficiency
  4. Accuracy

Question No:-30

The transaction hash contained in a block is the______________.

  1. unique number to show it’s a Bitcoin block
  2. same as the user private key
  3. digital fingerprint of the block
  4. metadata used for ID