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Certified Blockchain Business Foundations Questions 26–30 (page: 7)

Updated On: 9-Feb-2026

______________ ledger technology is referred to as DLT.

  1. Distributed
  2. Decentralized
  3. Database
  4. All of the above
  5. None of the above

Answer(s): A


Reference:

https://cryptocurrencyfacts.com/what-is-distributed-ledger-technology-dlt/



In a private business Blockchain, transactions are endorsed by _____________.

  1. only relevant business participants
  2. only the smart contract developer
  3. all the nodes on the Blockchain
  4. all participants with access to the network

Answer(s): A


Reference:

https://developer.ibm.com/opentech/wp-content/uploads/sites/43/2017/08/Blockchain-Explained-v4.06.AdaptedforBeirutConferenceAug2017-1.pdf (p.10)



Blockchain allows for which of the following?

  1. Anonymous Cryptography
  2. Trust in central authorities
  3. A fast and efficient ledger
  4. A peer to peer ledger without the need of a third party

Answer(s): D


Reference:

https://intellipaat.com/blog/what-is-blockchain-technology/



Smart Contracts DO NOT provide _____________.

  1. Authority
  2. Anonymity
  3. Efficiency
  4. Accuracy

Answer(s): B



The transaction hash contained in a block is the _____________.

  1. unique number to show it’s a Bitcoin block
  2. same as the user private key
  3. digital fingerprint of the block
  4. metadata used for ID

Answer(s): C


Reference:

https://www.oreilly.com/library/view/mastering-bitcoin/9781491902639/ch07.html



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