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Blockchain CBBF Certified Blockchain Business Foundations Exam Practice Test

Demo: 12 questions
Total 84 questions
Get CBBF Full Access Download CBBF PDF

Certified Blockchain Business Foundations Questions and Answers

Question 1

What does immutable mean?

Options:

A.

Fault tolerant

B.

Unable to be changed

C.

Highly secure

D.

None of the above

Question 2

How does the Bitcoin provide anonymity?

Options:

A.

Through Merkle trees

B.

Through public/private key cryptography

C.

Through consensus algorithms such as Proof of Work

D.

By publishing only the block address

E.

None of the above

Question 3

The Corda distributed ledger is designed for _______________.

Options:

A.

Any business transactions

B.

International shipping

C.

The transportation industry

D.

Financial transactions

Question 4

What does P2P stand for?

Options:

A.

Person to Person

B.

Public to Person

C.

Peer to Peer

D.

Product to Person

E.

None of the above

Question 5

What is the focus or primary goal of a private Blockchain? Select all that apply.

Options:

A.

To provide anonymity in business

B.

To save money by eliminating intermediaries

C.

To create a distributed database that allows for CRUD

D.

To provide transparency and trust for business while remaining secure

Question 6

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

Options:

A.

True

B.

False

Question 7

What is a block?

Options:

A.

A list or record of data

B.

A wallet that stores digital currency

C.

A pool of unconfirmed transactions

D.

A list or record of certificates

E.

All of the above

Question 8

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

Options:

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 9

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

Options:

A.

Anonymous

B.

Newer version of a

C.

Append-only

D.

Confidential

Question 10

What does a Merkle tree provide?

Options:

A.

Efficient block lookups and protection against forgery

B.

Anonymity and transparency

C.

A Turing complete distributed network

D.

A way to deploy smart contracts onto the Blockchain

E.

All of the above

Question 11

Blockchain is always decentralized.

Options:

A.

True

B.

False

Question 12

One of Blockchain’s primary uses of cryptography is___________.

Options:

A.

keeping the network configuration a secret

B.

providing a public and private encryption key

C.

allowing users to communicate with each other anonymously

D.

keeping the I.P. addresses a secret

Load More CBBF Questions
Demo: 12 questions
Total 84 questions
Get CBBF Full Access Download CBBF PDF