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CBBF: Certified Blockchain Business Foundations

Certified Blockchain Business Foundations
Vendor:

Blockchain

Certified Blockchain Business Foundations
Exam Questions: 84
This study guide should help you understand what to expect on the exam and includes a summary of the topics the exam might cover and links to additional resources. The information and materials in this document should help you focus your studies as you prepare for the exam.

Related questions

Why is Blockchain important?

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Blockchain is always distributed.

A.
True
A.
True
Answers
B.
False
B.
False
Answers
Suggested answer: A

Explanation:

Reference: https://towardsdatascience.com/the-difference-between-blockchains-distributed-ledger-technology-42715a0fa92

asked 16/09/2024
Angela Stevens
59 questions

How does a private Blockchain differ from a public one? Select all that apply.

A.
A private Blockchain does not use proof of work consensus
A.
A private Blockchain does not use proof of work consensus
Answers
B.
A private Blockchain is more efficient and has faster transaction times
B.
A private Blockchain is more efficient and has faster transaction times
Answers
C.
A private Blockchain is not distributed
C.
A private Blockchain is not distributed
Answers
D.
A private Blockchain often requires the identity of users to be known
D.
A private Blockchain often requires the identity of users to be known
Answers
Suggested answer: D

Explanation:

Reference: https://medium.com/coinmonks/public-vs-private-blockchain-in-a-nutshell-c9fe284fa39f

asked 16/09/2024
Bill Skadden
31 questions

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

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Where is a Blockchain's central server?

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A Blockchain provides______________.

A.
true information by all parties involved
A.
true information by all parties involved
Answers
B.
a trusted transaction between untrusted parties
B.
a trusted transaction between untrusted parties
Answers
C.
the easiest way to conduct international transactions
C.
the easiest way to conduct international transactions
Answers
D.
only trusted banks for conducting transactions
D.
only trusted banks for conducting transactions
Answers
Suggested answer: A
asked 16/09/2024
Shauqi Naufaldy
30 questions

What is a node in a Blockchain? Select all that apply.

A.
A block
A.
A block
Answers
B.
Certificate Authority
B.
Certificate Authority
Answers
C.
A miner
C.
A miner
Answers
D.
A computer running on the Blockchain
D.
A computer running on the Blockchain
Answers
Suggested answer: D

Explanation:

Reference: https://lisk.io/academy/blockchain-basics/how-does-blockchain-work/nodes

asked 16/09/2024
Ero Hiiesalu
36 questions

Blockchain is always decentralized.

A.
True
A.
True
Answers
B.
False
B.
False
Answers
Suggested answer: A
asked 16/09/2024
Max Archer
38 questions

A smart contract on the Blockchain provides __________. Select all that apply.

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What is a block?

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