Blockchain Exam CBSA Topic 1 Question 70 Discussion

Actual exam question for Blockchain's CBSA exam

Question #: 70
Topic #: 1

[All CBSA Questions]

In regard to blockchain, complete autonomy, transparency, and decentralization:

AAre the aim of all distributed banking and financial institutions

BWill never be achievable due to technology limitations

CAre highly valuable in some use cases and completely undesirable in other use cases

DAre the foundation principles that allow blockchain to operate successfully

Show Suggested Answer

Suggested Answer: D

by Sage at Jul 17, 2024, 01:16 PM

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Aliza

4 months ago

I'll go with C. Blockchain is like a Swiss Army knife - useful in some situations, but you wouldn't use it to eat soup.

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Peggie

4 months ago

B? Really? I don't think technology limitations are the issue. Blockchain is already pretty advanced, it's just about finding the right applications.

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Mendy

2 months ago

A) Are the aim of all distributed banking and financial institutions

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Raylene

3 months ago

B? Really? I don't think technology limitations are the issue. Blockchain is already pretty advanced, it's just about finding the right applications.

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Wade

3 months ago

D) Are the foundation principles that allow blockchain to operate successfully

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Jesusita

3 months ago

C) Are highly valuable in some use cases and completely undesirable in other use cases

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Franklyn

4 months ago

D seems like the obvious choice here. Blockchain is all about decentralization and transparency - those are the core principles.

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Taryn

3 months ago

Decentralization and transparency are key for blockchain to work.

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Phil

3 months ago

I agree, D is definitely the foundation of blockchain.

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Iola

4 months ago

I think C is the correct answer. Blockchain definitely has valuable use cases, but it's not the right solution for everything.

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Yuki

3 months ago

D) Are the foundation principles that allow blockchain to operate successfully

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Colette

4 months ago

C) Are highly valuable in some use cases and completely undesirable in other use cases

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Clay

4 months ago

A) Are the aim of all distributed banking and financial institutions

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Emilio

5 months ago

I believe that autonomy, transparency, and decentralization are highly valuable in some use cases and completely undesirable in others.

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Hildegarde

5 months ago

I agree with Rickie, those principles are essential for blockchain to function properly.

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Rickie

5 months ago

I think complete autonomy, transparency, and decentralization are the foundation principles that allow blockchain to operate successfully.

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