Weekend Sale - Limited Time 70% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: xmaspas7

Easiest Solution 2 Pass Your Certification Exams

CBBF Blockchain Certified Blockchain Business Foundations Free Practice Exam Questions (2025 Updated)

Prepare effectively for your Blockchain CBBF Certified Blockchain Business Foundations certification with our extensive collection of free, high-quality practice questions. Each question is designed to mirror the actual exam format and objectives, complete with comprehensive answers and detailed explanations. Our materials are regularly updated for 2025, ensuring you have the most current resources to build confidence and succeed on your first attempt.

Blockchain CBBF Premium Access     Download Demo    
Page: 1 / 2
Total 84 questions

Blockchain technology uses__________________.

A.

the latest banking software

B.

the same network S/W as the central bank

C.

the latest router S/W and network H/W

D.

A combination of older technology

If a node on the network were to lose a copy of the ledger, the ledger is not lost. The large number of other nodes have a copy and won’t lose track. This is known as___________.

A.

Censorship

B.

Immutability

C.

Transparency

D.

Redundancy

The common safe place to store personal cryptocurrency is_____________.

A.

A digital wallet

B.

in a secure ledger

C.

a bank account

D.

in a secure database

One of Blockchain's primary uses of cryptography is ___________.

A.

Keeping the IP addresses a secret

B.

Allowing users to communicate with each other anonymously

C.

Keeping the network configuration a secret.

D.

Providing a public and private encryption key

Smart Contracts DO NOT provide_______________.

A.

Authority

B.

Anonymity

C.

Efficiency

D.

Accuracy

One solution to increasing Blockchain Transactions Per Second (TPS) is________.

A.

adding more network nodes

B.

off-chain transactions

C.

using faster microprocessors

D.

fewer regulations

How does Blockchain use hashing? Select all that apply.

A.

To condense information making it easy to compare large amounts of data.

B.

To chain together blocks

C.

To provide anonymity with public key cryptography

D.

To select which node to use

E.

All of the above

A Blockchain provides______________.

A.

true information by all parties involved

B.

a trusted transaction between untrusted parties

C.

the easiest way to conduct international transactions

D.

only trusted banks for conducting transactions

Blockchain is always decentralized.

A.

True

B.

False

In a private business Blockchain, transactions are endorsed by______________.

A.

only relevant business participants

B.

only the smart contract developer

C.

all the nodes on the Blockchain

D.

all participants with access to the network

A smart contract on the Blockchain provides __________. Select all that apply

A.

Specific actions to be taken on events or transactions

B.

The same contracts a bank provides

C.

A set of business conditions that must be met

D.

Better anonymity of those making transactions

Blockchain applications can provide____________________.

A.

the elimination of intermediaries

B.

building more trust between trusted parties

C.

collaboration between trusted parties

D.

better cooperation between banks

The Blockchain ledger is commonly referred to as___________.

A.

a database ledger

B.

a triple-entry ledger

C.

a double-entry ledger

D.

a genesis block

Blockchains work best when they are____________________.

A.

combined with other technologies

B.

used for financial applications

C.

used alone

D.

used as an alternative to a database

How do consensus algorithms like Proof of Work or Proof of Stake incentivize miners to participate?

A.

By paying miners with U.S. dollars

B.

By paying the miners with cryptocurrency

C.

By placing their name on the Blockchain

D.

By not charging users monthly subscription costs

In which consensus algorithm is a nonce used?

A.

Proof of Activity

B.

Proof of Work

C.

Proof of Stake

D.

Proof of Burn

E.

All of the above

What does P2P stand for?

A.

Person to Person

B.

Public to Person

C.

Peer to Peer

D.

Product to Person

E.

None of the above

How much data can be represented by the data hash of a block?

A.

a maximum of 20 MB

B.

virtually any amount

C.

not to exceed 100k bytes

D.

the hash is only a memory location

Cryptocurrencies have all the same characteristics as fiat currencies?

A.

True

B.

False

What is the focus or primary goal of a private Blockchain? Select all that apply.

A.

To provide anonymity in business

B.

To save money by eliminating intermediaries

C.

To create a distributed database that allows for CRUD

D.

To provide transparency and trust for business while remaining secure

Blockchain CBBF Premium Access     Download Demo    
Page: 1 / 2
Total 84 questions
Copyright © 2014-2025 Solution2Pass. All Rights Reserved