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Introduction to Blockchain Technology: History, Applications and Advantages Exam UPDATED ACTUAL QUESTIONS AND CORRECT ANSWERS

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Introduction to Blockchain Technology: History, Applications and Advantages Exam UPDATED ACTUAL QUESTIONS AND CORRECT ANSWERS What is the primary purpose of blockchain technology? - CORRECT ANSWER disseminate digital information without allowing for its modification. How does blockchain technology ensure transaction integrity? - CORRECT ANSWER establishing a decentralized, tamper-resistant system for recording transactions. What is a key feature of blockchain that prevents unauthorized changes? - CORRECT ANSWER To record and By The ledger is immutable, meaning records cannot be edited, erased, or destroyed. What year was blockchain technology introduced? - CORRECT ANSWER 2008 Who are the authors of the paper that proposed timestamping digital documents? - CORRECT ANSWER Stuart Haber and W. Scott Stornetta What is a Merkle Tree? - CORRECT ANSWER records, named after Ralph Merkle. A data structure for checking individual What are the advantages of using blockchain technology? - CORRECT ANSWER security, reduced fraud, privacy solutions, and full transparency. What is a disadvantage of blockchain technology? - CORRECT ANSWER Enhanced It performs more operations than a standard database, making it significantly slower. How does blockchain technology improve digital voting? - CORRECT ANSWER that nobody votes twice and that only eligible voters can vote. It ensures

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Introduction to Blockchain Technology:
History, Applications and Advantages
Exam UPDATED ACTUAL QUESTIONS
AND CORRECT ANSWERS
What is the primary purpose of blockchain technology? - CORRECT ANSWER To record and
disseminate digital information without allowing for its modification.



How does blockchain technology ensure transaction integrity? - CORRECT ANSWER By
establishing a decentralized, tamper-resistant system for recording transactions.



What is a key feature of blockchain that prevents unauthorized changes? - CORRECT
ANSWER The ledger is immutable, meaning records cannot be edited, erased, or destroyed.



What year was blockchain technology introduced? - CORRECT ANSWER 2008



Who are the authors of the paper that proposed timestamping digital documents? - CORRECT
ANSWER Stuart Haber and W. Scott Stornetta



What is a Merkle Tree? - CORRECT ANSWER A data structure for checking individual
records, named after Ralph Merkle.



What are the advantages of using blockchain technology? - CORRECT ANSWER Enhanced
security, reduced fraud, privacy solutions, and full transparency.



What is a disadvantage of blockchain technology? - CORRECT ANSWER It performs more
operations than a standard database, making it significantly slower.



How does blockchain technology improve digital voting? - CORRECT ANSWER It ensures
that nobody votes twice and that only eligible voters can vote.

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Blockchain Technology
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Blockchain Technology

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