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CBBF Exam Dumps - Blockchain Business Foundations Questions and Answers

Question # 4

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

Options:

A.

True

B.

False

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Question # 5

The Blockchain combined with the Internet of Things (IoT) will dramatically ____________.

Options:

A.

increase the use of cryptocurrency

B.

speed up the internet

C.

make Bitcoin less expensive

D.

increase device connectivity

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Question # 6

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

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Question # 7

How is Blockchain benefiting voting?

Options:

A.

By revealing the identity of each voter and who or what they voted for

B.

By controlling who gets to vote

C.

By only allowing a certain number of votes per person

D.

By allowing voters to trust their vote has been counted

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Question # 8

Transactions per second (TPS) for a Proof-of-Work Blockchain are approximately?

Options:

A.

24K per second

B.

175K per second

C.

Only limited to the number of nodes on the network

D.

7-15 per second

E.

None of the above

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Question # 9

One of the big issues that new financial transaction Blockchain solutions face is____________.

Options:

A.

increasing the number of transactions per second (TPS)

B.

the inability to find use cases

C.

solving user identity

D.

getting banks to cooperate

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Question # 10

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

Options:

A.

Anonymous

B.

Newer version of a

C.

Append-only

D.

Confidential

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Question # 11

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

Options:

A.

To limit user access and permissions

B.

It is less expensive to develop

C.

It requires less mining power than a public Blockchain

D.

It requires fewer administrators to manage it

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Question # 12

Where is a Blockchain's central server?

Options:

A.

Where the Blockchain is created

B.

Located with the owner of the server

C.

There is no central server, it is distributed

D.

Orderer Node

E.

None of the above

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Question # 13

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

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Exam Code: CBBF
Exam Name: Certified Blockchain Business Foundations
Last Update: Feb 22, 2025
Questions: 84
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