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Blockchain CBBF Practice Test - Questions Answers, Page 9

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A Blockchain is a/an _____________ shared ledger distributed system.

A.
Anonymous
A.
Anonymous
Answers
B.
Newer version of a
B.
Newer version of a
Answers
C.
Append-only
C.
Append-only
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D.
Confidential
D.
Confidential
Answers
Suggested answer: A

Explanation:

Reference: https://www.investopedia.com/terms/b/blockchain.asp

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

A.
Specific actions to be taken on events or transactions
A.
Specific actions to be taken on events or transactions
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B.
The same contracts a bank provides
B.
The same contracts a bank provides
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C.
A set of business conditions that must be met
C.
A set of business conditions that must be met
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D.
Better anonymity of those making transactions
D.
Better anonymity of those making transactions
Answers
Suggested answer: C

Explanation:

Reference: https://www.investopedia.com/terms/s/smart-contracts.asp

The transaction has contained in a block is the ___________.

A.
Metadata used for ID
A.
Metadata used for ID
Answers
B.
Same as the user private key
B.
Same as the user private key
Answers
C.
Digital fingerprint of the block
C.
Digital fingerprint of the block
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D.
Unique number to show it's a Bitcoin block
D.
Unique number to show it's a Bitcoin block
Answers
Suggested answer: A

The Corda distributed ledger is designed for _______________.

A.
Any business transactions
A.
Any business transactions
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B.
International shipping
B.
International shipping
Answers
C.
The transportation industry
C.
The transportation industry
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D.
Financial transactions
D.
Financial transactions
Answers
Suggested answer: D

Explanation:



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