EC-CouncilBlockchain Business Leader Certification
Domain 1Objective 4
Business Advantages and Limitations of Blockchain BBLC Practice Questions (Page 1)
Part of the Blockchain Fundamentals for Business domain, which makes up ~11% of our current practice bank.
14questions here
3free pages
3concepts
Questions 1–5
- 1
A government agency wants to issue digital land titles to citizens. They need a system that is tamper-evident, publicly verifiable, and allows the agency to revoke or correct titles in cases of fraud. Which approach best balances these needs?
Select an answer first - 2
A multinational corporation wants to use a public blockchain to store personal data of EU citizens. Which blockchain limitation is most directly relevant to this plan?
Select an answer first - 3
A consortium of five banks wants to create a shared, tamper-evident ledger for interbank settlements. They need high throughput (thousands of transactions per second), strict privacy (only involved parties see transaction details), and the ability to modify records if regulators order a correction. Which blockchain approach best satisfies these conflicting requirements?
Select an answer first - 4
A financial institution wants to deploy a blockchain for cross-border payments. They are concerned about the energy consumption of the consensus mechanism and the legal status of transactions in different jurisdictions. Which two blockchain limitations are most relevant to these concerns?
Select an answer first - 5
A business leader explains that blockchain allows multiple organizations to maintain a shared ledger without a central administrator. Which business advantage does this scenario primarily illustrate?
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