Blockchain CBBF Exam Practice Test Instant Access

Question 1

The Corda distributed ledger is designed for _______________.

AAny business transactions

BInternational shipping

CThe transportation industry

DFinancial transactions

Answer : D

Question 2

The transaction has contained in a block is the ___________.

AMetadata used for ID

BSame as the user private key

CDigital fingerprint of the block

DUnique number to show it's a Bitcoin block

Answer : A

Question 3

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

ASpecific actions to be taken on events or transactions

BThe same contracts a bank provides

CA set of business conditions that must be met

DBetter anonymity of those making transactions

Answer : C

Question 4

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

AAnonymous

BNewer version of a

CAppend-only

DConfidential

Answer : A

Question 5

One of Blockchain's primary uses of cryptography is ___________.

AKeeping the IP addresses a secret

BAllowing users to communicate with each other anonymously

CKeeping the network configuration a secret.

DProviding a public and private encryption key

Answer : D

Question 6

Blockchain work best when they are _____________ .

ACombined with other technologies

BUsed for financial applications

CUsed alone

DUsed as an alternative to a database

Answer : A

Question 7

Why is Blockchain important?

AIt allows for a secure, global, and peer to peer record of data

BIt provides anonymity when making transactions

CIt is a free, trusted bank

DIt replaces all ledgers

EAll of the above

Answer : B

Blockchain BTA Certified Blockchain Business Foundations Exam Practice Test