Block Chain Technologies MCQ

1. What is the primary consensus mechanism used in Hyperledger Fabric? a) Proof of Workb) Proof of Stakec) Practical Byzantine Fault Tolerance (PBFT)d) Delegated Proof … Read more

1. Which enterprise application of blockchain focuses on ensuring the legitimacy of transactions across different countries? a) Know Your Customer (KYC)b) Food Securityc) Cross border … Read more

1. What is a permissioned blockchain?a) A blockchain where anyone can join and participateb) A blockchain where access and participation are restricted to authorized entitiesc) … Read more

1. What is the primary purpose of blockchain technology in the context of cryptocurrency like Bitcoin? a) To facilitate centralized control over transactionsb) To ensure … Read more

1. What is a blockchain?a) A type of cryptocurrencyb) A decentralized ledger technologyc) A centralized databased) A form of traditional banking system Answer: b) A … Read more