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Certified Blockchain Business Foundations

Exam Details

  • Exam Code
    :CBBF
  • Exam Name
    :Certified Blockchain Business Foundations
  • Certification
    :Blockchain Other Certification
  • Vendor
    :Blockchain
  • Total Questions
    :84 Q&As
  • Last Updated
    :May 09, 2024

Blockchain Blockchain Other Certification CBBF Questions & Answers

  • Question 31:

    In which consensus algorithm is a nonce used?

    A. Proof of Activity

    B. Proof of Work

    C. Proof of Stake

    D. Proof of Burn

    E. All of the above

  • Question 32:

    A Blockchain provides______________.

    A. true information by all parties involved

    B. a trusted transaction between untrusted parties

    C. the easiest way to conduct international transactions

    D. only trusted banks for conducting transactions

  • Question 33:

    The Blockchain ledger is commonly referred to as___________.

    A. a database ledger

    B. a triple-entry ledger

    C. a double-entry ledger

    D. a genesis block

  • Question 34:

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

    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

  • Question 35:

    One of the great advantages of creating a new Blockchain solution is__________.

    A. the ability to completely customize a unique business solution

    B. combining Blockchain technologies to fit your business solution

    C. merging your existing network technology into a new Blockchain solution

    D. not being limited to a conventional business solution or restriction

    E. All of the above

  • Question 36:

    In 2009, Bitcoin was created by_________.

    A. Vitalik Buterin

    B. Satoshi Nakamoto

    C. Hyperledger Foundation

    D. A Banking Consortium

  • Question 37:

    Once a record has been added to a Blockchain it can be altered.

    A. True

    B. False

  • Question 38:

    Cryptocurrencies are a security regulated by the Securities and Exchange Commission.

    A. True

    B. False

  • Question 39:

    Blockchain is always distributed.

    A. True

    B. False

  • Question 40:

    The common safe place to store personal cryptocurrency is_____________.

    A. A digital wallet

    B. in a secure ledger

    C. a bank account

    D. in a secure database

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