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Good News !!! 312-82 EC-CouncilBlockchain Fintech CertificationB|FC exam is now Stable and With Pass Result

312-82 Practice Exam Questions and Answers

EC-CouncilBlockchain Fintech CertificationB|FC exam

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Total Questions : 50

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Question # 1

According to Consensys, which of the following are benefits of blockchain for finance (pick two)?

Options:

A.  

Faster claims processing

B.  

More reactive market

C.  

Streamlined processes

D.  

Access to international markets

Discussion 0
Question # 2

______is intended to provide a foundation for the development of blockchain solutions with a modular architecture.

Options:

A.  

IROHA

B.  

FABRIC

C.  

Sawtooth

D.  

Hyperledger Composer

Discussion 0
Question # 3

A____does not result in a new chain and does not require client nodes to upgrade.

Options:

A.  

Dependent chain

B.  

Soft fork

C.  

Hard fork

D.  

Side chain

Discussion 0
Question # 4

What is a utility cryplet?

Options:

A.  

A part of IBM Hyperledger Fabric that is created automatically when a smart contract is created on the chain and resides off the chain.

B.  

A part of Microsoft Azure Bletchley that is used to provide basic services such as encryption and basic data fetching from external sources.

C.  

A part of IBM Hyperledger Fabric Bletchley that is used to provide basic services such as encryption and basic data fetching from external sources.

D.  

A part of Microsoft Azure Bletchley that is created automatically when a smart contract is created on the chain and resides of the chain.

Discussion 0
Question # 5

What type of DApp uses another blockchain such as Ethereum?

Options:

A.  

DAO

B.  

Type III

C.  

Type II

D.  

Pseude DApp

Discussion 0
Question # 6

FinCEN requires any person engaging in the business of money transmission or the transfer of funds, including CVC, to (I) maintain an ‘’effective’’ written anti-money laundering program reasonably designed to prevent the business from being employed to help the financing of terrorist activities and money laundering and________.

Options:

A.  

Report suspidous transactions

B.  

Registry as a money service business

C.  

Maintain detailed records of all customers

D.  

Submit reports to the SEC

Discussion 0
Question # 7

______is a computer program that runs stop a blockchain and embedded within it are governance and business logic rules

Options:

A.  

Dapps

B.  

DaS

C.  

DAO

D.  

DAC

Discussion 0
Question # 8

________is one of the most widely used enterprise blockchain frameworks applicable across different industries.

Options:

A.  

Hyperledger Fabric

B.  

Microsoft Azure

C.  

Bitcoin

D.  

Ethereum

Discussion 0
Question # 9

Self-executing computer programs which facilitate transaction automation and eliminates the need for intermediaries are called what?

Options:

A.  

Cryptocurrencies

B.  

Bitcoin mining

C.  

Distributed ledgers

D.  

Smart contracts

Discussion 0
Question # 10

According to FinCEN what dictates the obligations of money transmitters?

Options:

A.  

The industry designation

B.  

The company stated mission

C.  

The business model

D.  

How the company advertises itself

Discussion 0
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