A group of banks wants to use Hyperledger Fabric to tokenize real estate assets. They need to ensure that only authorized banks can view the ownership records, while the token transfer history is auditable by regulators. Which combination of Fabric features should they use?

A single channel with private data collections for ownership records and a separate channel for regulators.

Use a public blockchain for token transfers and a private database for ownership.

A single channel where all data is visible to all members, and rely on encryption to hide ownership.

Create a separate channel for each bank to store its own ownership records.

In Hyperledger Fabric, which mechanism is used to enforce access control and ensure that only authorized parties can read or write to the ledger?

Membership Service Provider (MSP)

Public Key Infrastructure (PKI)

A bank wants to integrate its existing core banking system with a Hyperledger Fabric network for real-time cross-border payments. The integration must allow the core system to submit transactions and query the ledger without exposing the bank's internal database to other network participants. What should the bank implement?

Give the core system direct access to the peer's ledger database.

Deploy a Fabric Gateway and use the Fabric SDK to connect the core system to the network.

Use a smart contract to replicate the entire core banking database onto the blockchain.

Connect the core system to the ordering service to submit transactions directly.

EC-CouncilBlockchain Fintech Certification

Domain 9Objective 5

Hyperledger Fabric Framework and Applications in Finance BFC Practice Questions (Page 4)

Part of the Financial Modeling and Enterprise Platforms domain, which makes up ~13% of our current practice bank.

48questions here

10free pages

10concepts

Questions 16–20

16foundation · easy
In Hyperledger Fabric, which component is responsible for maintaining the current state of the ledger and executing chaincode during the transaction proposal phase?
Select an answer first
17application · medium
A group of banks wants to use Hyperledger Fabric to tokenize real estate assets. They need to ensure that only authorized banks can view the ownership records, while the token transfer history is auditable by regulators. Which combination of Fabric features should they use?
Select an answer first
18foundation · easy
In Hyperledger Fabric, which mechanism is used to enforce access control and ensure that only authorized parties can read or write to the ledger?
Select an answer first
19application · medium
A bank wants to integrate its existing core banking system with a Hyperledger Fabric network for real-time cross-border payments. The integration must allow the core system to submit transactions and query the ledger without exposing the bank's internal database to other network participants. What should the bank implement?
Select an answer first
20foundation · easy
Which component in Hyperledger Fabric is responsible for establishing the order of transactions and packaging them into blocks?
Select an answer first

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Hyperledger Fabric Framework and Applications in Finance BFC Practice Questions (Page 4)

Questions 16–20

In Hyperledger Fabric, which component is responsible for maintaining the current state of the ledger and executing chaincode during the transaction proposal phase?

A group of banks wants to use Hyperledger Fabric to tokenize real estate assets. They need to ensure that only authorized banks can view the ownership records, while the token transfer history is auditable by regulators. Which combination of Fabric features should they use?

In Hyperledger Fabric, which mechanism is used to enforce access control and ensure that only authorized parties can read or write to the ledger?

Which component in Hyperledger Fabric is responsible for establishing the order of transactions and packaging them into blocks?

Keep studying — Financial Modeling and Enterprise Platforms