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IBM Blockchain Test Q&S Latest Update
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IBM Blockchain Test Q&S Latest UpdateDesign Thinking is a popular technique for selecting use-cases
a. True
b. False - Answer a. True
Who are the most important attendees in a Design Thinking
workshop? a. People who can explain the current "as-is" state b. IT
Department
c. Innovation cell / team members
d. Blockchain expert - Answer a. People who can explain the current "as-is" state
What makes a good blockchain use-case?
a. business problem, business network, transactions
b. business problem, business network, need for trust
c. business problem, assets, transactions
d. assets, transactions, need for trust - Answer b. business problem, business network,
need for trust
Elaborating on a blockchain use case means?
a. Elaborate the business network
b. Elaborate the assets
,c. Elaborate the transactions
d. Elaborate the rules of visibility
e. all of the above - Answer e. all of the above
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 considered an asset, because it is anonymous
d. The value of an asset cannot change over the course of its lifecycle - Answer a.
Assets are anything that is capable of being owned or controlled to produce value
Which of the following blockchain use cases is 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 & risk data - Answer b. Sharing of
assets (voting, dividend notification)
Which phrase 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 are required to have exactly one ledger
b. Ledgers are used for reporting of cash only
c. Ledgers are logs of transactions
d. All of these facts are true - Answer c. Ledgers are logs of transactions
Which of the following blockchain use cases is an example of a High Value
Market 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 & 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 traditional Blockchain example, Each participant keeps their own ledger(s)
which are updated to represent business transactions as they occur.
a. True
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