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Free CBBF Exam Braindumps (page: 7)

Page 6 of 22
PDF with 84 Questions

Once a record is stored on the Blockchain _____________.

  1. the record is moved to a secure server
  2. the record is stored on a central node
  3. it can be changed by an authorized person
  4. the record is permanent

Answer(s): D


Reference:

can be changed by an authorized person



An asset is defined as _____________.

  1. all records on a database
  2. any data on the ledger
  3. anything of value requiring accountability of ownership
  4. any record on a private network

Answer(s): C



One solution to increasing Blockchain Transactions Per Second (TPS) is _____________.

  1. adding more network nodes
  2. off-chain transactions
  3. using faster microprocessors
  4. fewer regulations

Answer(s): B



Blockchain applications can provide _____________.

  1. the elimination of intermediaries
  2. building more trust between trusted parties
  3. collaboration between trusted parties
  4. better cooperation between banks

Answer(s): A






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