Enterprise Blockchain Platforms and Frameworks BBLC Practice Questions (Page 11)

Questions 51–55

1. 51application · medium

   A multinational corporation is deploying a private blockchain for cross-border supply-chain financing. The network spans multiple jurisdictions with different data-protection regulations. The governance model must ensure that each participating entity has a say in network rules while maintaining compliance with local laws. Which governance structure is most appropriate?

   • AA governance model where only the largest organization makes all decisions
   • BA single organization acting as the sole administrator of the network
   • CA consortium governance model where each member organization has a representative on a steering committee that sets network policies
   • DA fully decentralized governance model with no formal decision-making process
   Reveal Solution Discussion Select an answer first
2. 52application · medium

   A consortium of insurance companies wants to automate claims processing using R3 Corda. They need to define the business data structure, the rules for updating that data, and the workflow steps for a claim. Which components of a CorDapp should they develop?

   • ATransactions, blocks, and miners
   • BSmart contracts, oracles, and sidechains
   • CChaincode, channels, and endorsement policies
   • DStates, contracts, and flows
   Reveal Solution Discussion Select an answer first
4. 53foundation · easy

   In an enterprise blockchain consortium, what is the purpose of a governance model?

   • ATo define rules for membership, decision-making, and dispute resolution
   • BTo increase the block size
   • CTo mine new tokens
   • DTo encrypt all data
   Reveal Solution Discussion Select an answer first
5. 54application · medium

   A manufacturing consortium uses Hyperledger Fabric to track parts across suppliers. They need to ensure that order of transactions is consistent across all nodes, but they do not require the energy-intensive proof-of-work used in public blockchains. Which consensus mechanism should they configure?

   • ARaft-based ordering service
   • BPractical Byzantine Fault Tolerance (PBFT) for all transactions
   • CProof-of-stake consensus
   • DProof-of-authority consensus
   Reveal Solution Discussion Select an answer first
6. 55foundation · easy

   In R3 Corda, what is the purpose of including legal prose in smart contracts?

   • ATo allow the network to validate transactions
   • BTo encrypt the transaction data
   • CTo make the contract legally enforceable and bridge the gap between code and law
   • DTo make the code run faster
   Reveal Solution Discussion Select an answer first