Blockchain Exam CBSA Topic 6 Question 72 Discussion

Actual exam question for Blockchain's CBSA exam

Question #: 72
Topic #: 6

[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 Fletcher at Aug 23, 2024, 08:02 PM

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Serita

2 months ago

Haha, option A made me chuckle. Distributed banking and finance institutions? More like centralized chaos if you ask me!

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Lauran

2 months ago

B is the most realistic answer. Technology has its limitations, and we shouldn't expect blockchain to be a panacea for all our problems. Moderation is key.

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Brent

2 months ago

I think D is the correct answer. Those principles are fundamental to the very essence of blockchain technology. Without them, it wouldn't be blockchain, would it?

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Option C is the way to go. Blockchain is a versatile technology, and its use cases can vary widely. Blindly pursuing complete autonomy, transparency, and decentralization might not always be the best approach.

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Ma

30 days ago

Lelia: Exactly, it's important to consider the specific needs of each situation when using blockchain.

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Michal

1 months ago

User 3: I think option C is the most practical approach. It allows for flexibility in implementing blockchain technology.

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Moon

2 months ago

I see what you mean. It's important to consider the context before implementing blockchain technology.

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Lelia

2 months ago

True, sometimes a balance is needed. It depends on the specific use case.

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Tracie

2 months ago

I agree, option C makes sense. Not every situation requires complete autonomy and decentralization.

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Myong

2 months ago

Yeah, I think it depends on the specific use case. Some situations benefit more from those principles than others.

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Malinda

2 months ago

I agree, option C makes sense. Not every situation requires complete autonomy and decentralization.

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Precious

3 months ago

I agree with Francine, option D makes the most sense to me.

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Francine

3 months ago

I disagree, I believe option D is the foundation of blockchain.

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Jerry

3 months ago

I think option C is the most accurate.

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Blockchain Exam CBSA Topic 6 Question 72 Discussion

Contribute your Thoughts:

Serita

Lauran

Brent

Ardella

Ma

Michal

Moon

Lelia

Tracie

Myong

Malinda

Precious

Francine

Jerry