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Certified Blockchain Business Foundations

Last Update 1 day ago Total Questions : 84

The Certified Blockchain Business Foundations content is now fully updated, with all current exam questions added 1 day ago. Deciding to include CBBF practice exam questions in your study plan goes far beyond basic test preparation.

You'll find that our CBBF exam questions frequently feature detailed scenarios and practical problem-solving exercises that directly mirror industry challenges. Engaging with these CBBF sample sets allows you to effectively manage your time and pace yourself, giving you the ability to finish any Certified Blockchain Business Foundations practice test comfortably within the allotted time.

Question # 11

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

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

Question # 12

Blockchain is faster and more efficient than a standard database.

A.

True

B.

False

Question # 13

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 # 14

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 # 15

Where is a Blockchain ' s central server?

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

Question # 16

Blockchain is always distributed.

A.

True

B.

False

Question # 17

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 # 18

Blockchain has more built-in security than a standard database.

A.

True

B.

False

Question # 19

How do consensus algorithms like Proof of Work or Proof of Stake incentivize miners to participate?

A.

By paying miners with U.S. dollars

B.

By paying the miners with cryptocurrency

C.

By placing their name on the Blockchain

D.

By not charging users monthly subscription costs

Question # 20

Which of the following problems did Blockchain solve for cryptocurrencies?

A.

Anonymity

B.

Double Spending

C.

Destination of currencies

D.

None of the above

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