Eccouncil 312-82 EC-Council Blockchain Fintech Certification (BFC) Exam Exam Practice Test Questions

• Question 1

  What is the primary benefit to patients of blockchain in the healthcare are industry?

  • Reduced wait times
  • Total control over personal health records
  • Improved medical outcomes
  • Reduced costs

  Show Answer Answer: B Next

• Question 2

  According to Consensys, which of the following are benefits of blockchain for finance (pick two)?

  • Faster claims processing
  • More reactive market
  • Streamlined processes
  • Access to international markets

  Show Answer Answer: C, ,D Next

• Question 3

  Who first proposed blind signatures to build an untraceable digital currency?David ChaumSatoshi NakamotoWei DaiNick Szabo

  • David Chaum is the correct answer, as he pioneered the use of blind signatures for anonymous digital currency.

  Show Answer Answer: A Next

• Question 4

  What is a DEX

  • A distributed exchange that covers multiple nationalities
  • A cryptocurrency exchange such as coinbase
  • A decentralized exchanged that allows users to exchange cryptocurrency directly
  • A Decentralized finance app or DApp

  Show Answer Answer: C Next

• Question 5

  According to a study be Deloitte, which of the following are benefits of blockchain for the insurance industry (pick two)?More efficient claims processingSupporting strategic initiativesComprehensive interoperable health recordsLower costs

  • More efficient claims processing and D. Lower costs are the correct answers, as
  • These are key benefits of blockchain for the insurance industry identified in Deloitte’s research.

  Show Answer Answer: A, ,D Next