Web7 mrt. 2024 · 5. Blockchain can enhance privacy: Blockchain technology makes it possible for safe, decentralized identity management, which can improve privacy. Identity theft can be avoided and user data can be protected. 6. Blockchain can reduce costs: Blockchain technology can save expenses by doing away with the need for middlemen and … Web22 dec. 2024 · 14. A blockchain is secured by. a) PIN code. b) ‘hash’ code. c) password. d) login. Answer: b. 15. A computer program that utilizes a blockchain for data storage, runs autonomously, is not controlled or operated from a single entitiy, is open source and has its use incentivized by the reward of fees or tokens. a) Bitcoin. b) Blockchain. c ...
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Web24 mrt. 2024 · Answer: There are many benefits of using Corda in an enterprise setting. The key benefits of blockchain technology solutions based on Corda include the following: Proven performance: The Corda network can handle 600 TPS (transactions per second). Highly scalable: It is highly scalable and can work in any ecosystem. WebWhat is blockchain? a) A type of cryptocurrency b) A distributed ledger technology c) A type of database d) A type of encryption algorithm. Answer: b) A distributed ledger technology (Page 1) What is the purpose of a blockchain? a) To store and manage data b) To facilitate secure transactions c) To provide a decentralized network d) All of the … string format leading zeros
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WebMCQ BLISS Unit 1. Q1 What is a blockchain? ☐ A combination of centralized ledgers ☐ A type of cryptocurrency ☐ An exchange of distributed information ☒ A distributed ledger on a peer to peer network. Q2 What does a block in a blockchain consists of? ☒ Hash point, time stamp, transaction data ☐ Hash point, IP of owner, transaction data WebThis Post lists the Blockchain MCQ Quiz (Multiple Choice Questions And Answers) for your next Blockchain certification practice or interview. What is Blockchain? Blockchain is a system of recording information in a way that makes it difficult or impossible to change, hack, or cheat the system. A blockchain is essentially a digital ledger of transactions … Web13 aug. 2024 · Blockchain Applications complete review. The early internet dealt with intangibles. You sent or received emails, corresponded on forums, read and distributed articles. This modern internet deals with assets, your most valuable immediate items that you can touch and want to protect. These assets are stored in encoded form on a … string format number with commas