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SESSION 1: INTRODUCTION TO BLOCKCHAIN TECHNOLOGY QUESTIONS WITH 100% CORRECT ANSWERS.

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SESSION 1: INTRODUCTION TO BLOCKCHAIN TECHNOLOGY QUESTIONS WITH 100% CORRECT ANSWERS.

Institution
BLOCKCHAIN TECHNOLOGY
Course
BLOCKCHAIN TECHNOLOGY

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SESSION 1: INTRODUCTION TO
BLOCKCHAIN TECHNOLOGY QUESTIONS
WITH 100% CORRECT ANSWERS.




1 of 34

Definition



Currently, graft and corruption take a big cut of money designated
for disaster relief and humanitarian aid.



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Examples of intermediaries when
Learning Objective 6:
performing an exchange of assets:




Use Case: Cryptocurrency: Example: Humanitarian Aid

, Don't know?




2 of 34

Term



Learning Objective 8:



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Discuss blockchain Outline blockchain security
regulatory frameworks protocols and measures
and policies




Identify blockchain Identify some blockchain
development tools and use cases and examples
platforms


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3 of 34

Term



Solution Part 2:



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Consensus Algorithms: -
Proof Of Work And Its
Varieties -Proof Of Stake Primary Balancing Segment Rules
And Its Varieties -Other
Solutions

, Legal Entity Rules Ledger Rules


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4 of 34

Definition



Solved so far:
-Cannot change history
-Cannot double
spend What's
missing?
Protection against spoofing: I can enter a transaction that
says, "you
can pay me," without your consent.



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Blockchain as a
The Blockchain Solution: Payment
system




Contract example: Continued Blockchain Consensus:


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Institution
BLOCKCHAIN TECHNOLOGY
Course
BLOCKCHAIN TECHNOLOGY

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