IBM Blockchain Exam Questions
and Answers 100% PASS
What does the "finality" quality of service provide to blockchain?
a. Agreement that a transaction occurred
b. History of transactions
c. An append-only data structure
d. Transactions cannot be backed out - CORRECT ANSWER-d. Transactions
cannot be backed out
Which of the following facts about assets is true?
a. Assets are anything that is capable of being owned or controlled to produce
value
b. Assets are always tangible
c. Cash is not considered an asset, because it is anonymous
d. The value of an asset cannot change over the course of its lifecycle - CORRECT
ANSWER-a. Assets are anything that is capable of being owned or controlled to
produce value
,Which of the following blockchain use cases is an example of an Asset Exchange
pattern?
a. Transfer of high value assets between many participants
b. Sharing of assets (voting, dividend notification)
c. Sharing of key reference data
d. Real-time view of compliance, audit & risk data - CORRECT ANSWER-b.
Sharing of assets (voting, dividend notification)
Which phrase best describes blockchain?
a. Shared replicated ledger
b. Proof of Work
c. Inefficient, Expensive, Vulnerable
d. Peer-to-peer electronic cash system - CORRECT ANSWER-a. Shared replicated
ledger
Which of the following facts about ledgers is true?
a. Businesses are required to have exactly one ledger
b. Ledgers are used for reporting of cash only
c. Ledgers are logs of transactions
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,d. All of these facts are true - CORRECT ANSWER-c. Ledgers are logs of
transactions
Which of the following blockchain use cases is an example of a High Value Market
pattern?
a. Transfer of high value assets between many participants
b. Sharing of assets (voting, dividend notification)
c. Sharing of key reference data
d. Real-time view of compliance, audit & risk data - CORRECT ANSWER-a.
Transfer of high value assets between many participants
Bitcoin cryptocurrency is a peer-to-peer "electronic cash system" that is not for
other types of assets. What factors make Bitcoin unsuitable as a blockchain for
business?
a. Requirements surrounding identity
b. Transaction privacy and confidentiality
c. Timely confirmation of transactions
d. All of the above - CORRECT ANSWER-d. All of the above
In a traditional Blockchain example, Each participant keeps their own ledger(s)
which are updated to represent business transactions as they occur.
a. True
, b. False - CORRECT ANSWER-a. True
Which of the following statement is true about Bitcoin?
a. Combination of Ledger and Asset
b. Not associated with Ledger
c. Assets can be anything of value
d. All of the above - CORRECT ANSWER-a. Combination of Ledger and Asset
Endorsement is the process by which the network verifies a transaction. Which
statement is true with blockchain endorsement?
a. It is a low cost process in public blockchains without identity
b. The process requires high CPU usage for "Proof of Work"
c. Transactions are provably endorsed by relevant participants
d. It requires the whole network for endorsement - CORRECT ANSWER-c.
Transactions are provably endorsed by relevant participants
Looking at the cryptocurrency market as a whole, which is the biggest
differentiator between cryptocurrency instances?
a. The commodity being stored
b. The codebase on which the cryptocurrency is based
c. Volatility
© 2026 Copyright. All Rights Reserved. This document is
protected by copyright law
and Answers 100% PASS
What does the "finality" quality of service provide to blockchain?
a. Agreement that a transaction occurred
b. History of transactions
c. An append-only data structure
d. Transactions cannot be backed out - CORRECT ANSWER-d. Transactions
cannot be backed out
Which of the following facts about assets is true?
a. Assets are anything that is capable of being owned or controlled to produce
value
b. Assets are always tangible
c. Cash is not considered an asset, because it is anonymous
d. The value of an asset cannot change over the course of its lifecycle - CORRECT
ANSWER-a. Assets are anything that is capable of being owned or controlled to
produce value
,Which of the following blockchain use cases is an example of an Asset Exchange
pattern?
a. Transfer of high value assets between many participants
b. Sharing of assets (voting, dividend notification)
c. Sharing of key reference data
d. Real-time view of compliance, audit & risk data - CORRECT ANSWER-b.
Sharing of assets (voting, dividend notification)
Which phrase best describes blockchain?
a. Shared replicated ledger
b. Proof of Work
c. Inefficient, Expensive, Vulnerable
d. Peer-to-peer electronic cash system - CORRECT ANSWER-a. Shared replicated
ledger
Which of the following facts about ledgers is true?
a. Businesses are required to have exactly one ledger
b. Ledgers are used for reporting of cash only
c. Ledgers are logs of transactions
© 2026 Copyright. All Rights Reserved. This document is
protected by copyright law
,d. All of these facts are true - CORRECT ANSWER-c. Ledgers are logs of
transactions
Which of the following blockchain use cases is an example of a High Value Market
pattern?
a. Transfer of high value assets between many participants
b. Sharing of assets (voting, dividend notification)
c. Sharing of key reference data
d. Real-time view of compliance, audit & risk data - CORRECT ANSWER-a.
Transfer of high value assets between many participants
Bitcoin cryptocurrency is a peer-to-peer "electronic cash system" that is not for
other types of assets. What factors make Bitcoin unsuitable as a blockchain for
business?
a. Requirements surrounding identity
b. Transaction privacy and confidentiality
c. Timely confirmation of transactions
d. All of the above - CORRECT ANSWER-d. All of the above
In a traditional Blockchain example, Each participant keeps their own ledger(s)
which are updated to represent business transactions as they occur.
a. True
, b. False - CORRECT ANSWER-a. True
Which of the following statement is true about Bitcoin?
a. Combination of Ledger and Asset
b. Not associated with Ledger
c. Assets can be anything of value
d. All of the above - CORRECT ANSWER-a. Combination of Ledger and Asset
Endorsement is the process by which the network verifies a transaction. Which
statement is true with blockchain endorsement?
a. It is a low cost process in public blockchains without identity
b. The process requires high CPU usage for "Proof of Work"
c. Transactions are provably endorsed by relevant participants
d. It requires the whole network for endorsement - CORRECT ANSWER-c.
Transactions are provably endorsed by relevant participants
Looking at the cryptocurrency market as a whole, which is the biggest
differentiator between cryptocurrency instances?
a. The commodity being stored
b. The codebase on which the cryptocurrency is based
c. Volatility
© 2026 Copyright. All Rights Reserved. This document is
protected by copyright law
