Blockchain Exam CBSA Topic 1 Question 74 Discussion

Actual exam question for Blockchain's CBSA exam

Question #: 74
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 Casandra at Sep 13, 2024, 01:28 AM

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Marnie

2 months ago

Haha, option B is just plain wrong. If blockchain couldn't achieve those goals, it wouldn't be the revolutionary technology that it is!

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Ilene

28 days ago

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

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Alton

30 days ago

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

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Desire

2 months ago

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

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Ty

2 months ago

I believe option D is the foundation of blockchain technology. It's what makes it work.

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Dalene

2 months ago

I agree with Mary. Some industries need more transparency than others.

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Mary

2 months ago

I think option C is the most accurate. It depends on the use case.

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Johnetta

2 months ago

Option D sounds like the most comprehensive answer to me. Blockchain's core principles are what enable it to function effectively.

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Antione

1 months ago

Silva: Exactly, they are the foundation of blockchain technology.

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Brandon

2 months ago

Those principles are what make blockchain so secure and reliable.

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Silva

2 months ago

I agree, blockchain wouldn't work without complete autonomy, transparency, and decentralization.

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Vernell

2 months ago

Option D sounds like the most comprehensive answer to me.

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Rikki

3 months ago

I agree with Elli. Blockchain is not a one-size-fits-all solution. It has its strengths and weaknesses depending on the application.

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Holley

2 months ago

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

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Ines

2 months ago

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

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Gerald

2 months ago

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

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Elli

3 months ago

Option C is definitely the correct answer. Blockchain is incredibly versatile, and its benefits really depend on the specific use case.

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Sheldon

1 months ago

Absolutely, blockchain's principles allow for different applications to benefit from its technology.

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Alba

1 months ago

That's true, it really depends on the context and the goals of the system.

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Vanda

2 months ago

Yes, but in other cases, it may not be desirable at all.

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Marge

2 months ago

I agree, blockchain's autonomy and transparency can be valuable in some cases.

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