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CBBF PDF + Testing Engine



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  • Exam Name: Certified Blockchain Business Foundations
  • Last Update: 19-Apr-2024
  • Questions and Answers: 84
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CBBF Questions and Answers

Question # 1

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


By paying miners with U.S. dollars


By paying the miners with cryptocurrency


By placing their name on the Blockchain


By not charging users monthly subscription costs

Question # 2

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


Specific actions to be taken on events or transactions


The same contracts a bank provides


A set of business conditions that must be met


Better anonymity of those making transactions

Question # 3

Blockchain applications can provide____________________.


the elimination of intermediaries


building more trust between trusted parties


collaboration between trusted parties


better cooperation between banks

Question # 4

One of the great advantages of creating a new Blockchain solution is__________.


the ability to completely customize a unique business solution


combining Blockchain technologies to fit your business solution


merging your existing network technology into a new Blockchain solution


not being limited to a conventional business solution or restriction


All of the above

Question # 5

Which of the following problems did Blockchain solve for cryptocurrencies?




Double Spending


Destination of currencies


None of the above

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