A tokenized real estate platform wants to allow investors to buy and sell fractional shares, but must comply with a regulation that requires a 30-day holding period before resale. They also want to minimize gas costs. Which approach best balances compliance and cost?

Rely on the exchange to enforce the holding period off-chain

Burn tokens on purchase and re-mint them after 30 days

Implement a transfer restriction in the smart contract that checks the timestamp of the last purchase before allowing a transfer

Use a multi-signature wallet to manually approve each resale after 30 days

A real-estate firm wants to tokenize a commercial building to allow fractional ownership. Each token represents an equal share of the property and is interchangeable with any other share. Which token type and lifecycle action best fits this requirement?

Non-fungible tokens; issue one token per investor with different values

Fungible tokens; burn tokens whenever an investor buys a share

Fungible tokens; issue a fixed supply and allow transfers between investors

Non-fungible tokens; mint a unique token for each square foot

A startup is launching a loyalty token on Ethereum. They want to mint tokens only when a customer makes a purchase, allow customers to transfer tokens to friends, and permanently remove tokens when a customer redeems them for a reward. Which smart contract functions must the token implement?

mint, transfer, and burn functions, with mint restricted to the contract owner

transfer and burn functions, with minting performed by an external script

mint and transfer functions only, with burn handled by sending tokens to a null address

mint, transfer, and pause functions, with redemption handled by transferring tokens back to the issuer

A company issues a security token representing a bond. After a regulatory review, they need to revoke a token that was issued to an ineligible investor. Which lifecycle action should the smart contract implement?

Transfer the token back to the issuer

EC-CouncilBlockchain Developer Certification

Domain 4Objective 3

Tokenization BDC Practice Questions (Page 4)

Part of the Cryptomining, Tokenization, and Digital Assets domain, which makes up ~10% of our current practice bank.

32questions here

7free pages

5concepts

Questions 16–20

16expert · hard
A tokenized real estate platform wants to allow investors to buy and sell fractional shares, but must comply with a regulation that requires a 30-day holding period before resale. They also want to minimize gas costs. Which approach best balances compliance and cost?
Select an answer first
17application · medium
A gaming company wants to issue both in-game currency (fungible) and unique weapons (non-fungible) in a single smart contract to reduce gas costs and simplify management. Which token standard should they choose?
Select an answer first
18application · medium
A real-estate firm wants to tokenize a commercial building to allow fractional ownership. Each token represents an equal share of the property and is interchangeable with any other share. Which token type and lifecycle action best fits this requirement?
Select an answer first
19application · medium
A startup is launching a loyalty token on Ethereum. They want to mint tokens only when a customer makes a purchase, allow customers to transfer tokens to friends, and permanently remove tokens when a customer redeems them for a reward. Which smart contract functions must the token implement?
Select an answer first
20application · medium
A company issues a security token representing a bond. After a regulatory review, they need to revoke a token that was issued to an ineligible investor. Which lifecycle action should the smart contract implement?
Select an answer first

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