IBM Blockchain New Exam With 100% Verified Solutions
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 - 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 an asset, since it is anonymous
d. An asset's value can't change throughout the lifecycle - ANSWER a. Assets are
anything that can be owned or controlled to create value
Which of the following blockchain use cases illustrates 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 and risk data - ANSWER b. Sharing of assets
(voting, dividend notification)
Which of the following phrases best describes blockchain?
a. Shared replicated ledger
b. Proof of Work
,c. Inefficient, Expensive, Vulnerable
d. Peer-to-peer electronic cash system - ANSWER a. Shared replicated ledger
Which of the following facts about ledgers is true?
a. Businesses can have only one ledger
b. Ledgers report cash only
c. Ledgers are lists of transactions
d. All of the above is true - ANSWER c. Ledgers are lists of transactions
Which of the following blockchain use cases is a High Value Market pattern?
a. High value assets transferred between many participants
b. Assets shared (voting, dividend notification)
c. Key reference data sharing
d. Real-time view of compliance, audit and risk data - 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 - ANSWER d. All of the above
In a typical Blockchain example, Each participant maintains his own ledger(s) which are
updated to reflect the business transactions as they happen.
a. True
b. False - 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 - ANSWER a. Combination of Ledger and Asset
endorsement represents the action of the network verifying a transaction. Which is true
about endorsement on blockchain?
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. The entirety of the network needs to endorse it - ANSWER c. Transactions are
provably endorsed by relevant participants
Considering the cryptocurrency market at large, what is the largest distinguishing
factor among instances of cryptocurrency?
a. The commodity stored
b. The codebase the cryptocurrency is based upon
c. Volatility
d. How Transactions are validated - ANSWER a. The commodity stored
So many existing blockchain implementations which of the following is (are) key
indicator(s) of needs for blockchain standardization?
a. They are largely not interoperable
b. The problem of discoverability
c. It is unlikely that a single blockchain technology can solve all needs
d. All of these - ANSWER d. All of these
Based on which license is Hyperledger?
a. Public domain
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 - 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 an asset, since it is anonymous
d. An asset's value can't change throughout the lifecycle - ANSWER a. Assets are
anything that can be owned or controlled to create value
Which of the following blockchain use cases illustrates 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 and risk data - ANSWER b. Sharing of assets
(voting, dividend notification)
Which of the following phrases best describes blockchain?
a. Shared replicated ledger
b. Proof of Work
,c. Inefficient, Expensive, Vulnerable
d. Peer-to-peer electronic cash system - ANSWER a. Shared replicated ledger
Which of the following facts about ledgers is true?
a. Businesses can have only one ledger
b. Ledgers report cash only
c. Ledgers are lists of transactions
d. All of the above is true - ANSWER c. Ledgers are lists of transactions
Which of the following blockchain use cases is a High Value Market pattern?
a. High value assets transferred between many participants
b. Assets shared (voting, dividend notification)
c. Key reference data sharing
d. Real-time view of compliance, audit and risk data - 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 - ANSWER d. All of the above
In a typical Blockchain example, Each participant maintains his own ledger(s) which are
updated to reflect the business transactions as they happen.
a. True
b. False - 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 - ANSWER a. Combination of Ledger and Asset
endorsement represents the action of the network verifying a transaction. Which is true
about endorsement on blockchain?
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. The entirety of the network needs to endorse it - ANSWER c. Transactions are
provably endorsed by relevant participants
Considering the cryptocurrency market at large, what is the largest distinguishing
factor among instances of cryptocurrency?
a. The commodity stored
b. The codebase the cryptocurrency is based upon
c. Volatility
d. How Transactions are validated - ANSWER a. The commodity stored
So many existing blockchain implementations which of the following is (are) key
indicator(s) of needs for blockchain standardization?
a. They are largely not interoperable
b. The problem of discoverability
c. It is unlikely that a single blockchain technology can solve all needs
d. All of these - ANSWER d. All of these
Based on which license is Hyperledger?
a. Public domain
