100% PASS QUIZ 2025 312-82: EC-COUNCIL BLOCKCHAIN FINTECH CERTIFICATIONB|FC EXAM–HIGH-QUALITY EXAM FLASHCARDS

100% Pass Quiz 2025 312-82: EC-Council Blockchain Fintech CertificationB|FC exam–High-quality Exam Flashcards

100% Pass Quiz 2025 312-82: EC-Council Blockchain Fintech CertificationB|FC exam–High-quality Exam Flashcards

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Tags: 312-82 Exam Flashcards, Pdf 312-82 Braindumps, 312-82 Reliable Test Objectives, 312-82 New Learning Materials, 312-82 Quiz

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EC-COUNCIL 312-82 Exam Syllabus Topics:

TopicDetails
Topic 1
  • Bitcoin: This module zeroes in on Bitcoin, the first and most prominent copyright. It tests the understanding of blockchain developers about how Bitcoin works, its impact on the financial landscape, and the challenges and opportunities related to its adoption as a digital currency.
Topic 2
  • Blockchain as a Service (BaaS): This section measures the skills of IT architect in deploying Blockchain as a Service (BaaS). It outlines how BaaS enables organizations to create and manage blockchain applications without building their own infrastructure, simplifying the adoption and scaling of blockchain technologies.
Topic 3
  • Security in Blockchains: This part assesses the knowledge of cybersecurity experts, IT auditors, and compliance professionals in securing blockchain systems.
Topic 4
  • Insurance Applications: This section evaluates the expertise of insurance professionals, such as underwriters and claims managers in utilizing blockchain technology within the insurance industry.
Topic 5
  • Blockchain Project Implementation: In this section, the exam focuses on the capability of project managers to execute blockchain projects effectively.
Topic 6
  • Financial Applications: This section assesses the understanding of blockchain applications within financial services for professionals such as fintech developers and covers how blockchain is reshaping areas like payments, remittances, and trading by providing secure, transparent, and efficient alternatives to conventional methods.
Topic 7
  • Ethereum: This part of the exam evaluates the expertise of blockchain developers and IT professionals in Ethereum, the leading platform for decentralized applications (copyright).

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EC-COUNCIL EC-Council Blockchain Fintech CertificationB|FC exam Sample Questions (Q11-Q16):

NEW QUESTION # 11
Is a Microsoft blockchain development platform that allows the creation of custom private blockchains.

  • A. Sratis
  • B. Fabric
  • C. Azure
  • D. Corda

Answer: C

Explanation:
MicrosoftAzureis a blockchain development platform that enables the creation of custom private blockchains.
Azure Blockchain Service provides tools and services that allow organizations to set up and manage consortium blockchain networks, customize smart contracts, and create tailored blockchain applications.
Azure supports multiple blockchain frameworks, includingEthereumandHyperledger Fabric, making it versatile for both private and public network needs.
Key Details:
* Azure Blockchain Service: This service facilitates the deployment of managed blockchain networks on the cloud, leveraging Azure's infrastructure to deliver scalability, security, and reliability for private and consortium blockchain applications.
* Private Blockchain Capabilities: As a private blockchain service, Azure allows businesses to operate their blockchain in a controlled, permissioned environment. This offers greater control over data and participants, making it ideal for enterprise use cases like supply chain management, finance, and legal contracts.
* Blockchain Framework Compatibility: Although Azure supports a variety of blockchain protocols, it primarily focuses on private blockchain deployments, allowing for detailed control over network participants and data visibility.
In summary, Microsoft Azure stands out as a flexible and comprehensive platform for private blockchain development, catering to enterprises with tailored solutions and extensive cloud-based services.


NEW QUESTION # 12
Ethereum uses_____ as Proof of Work (PoW) whereas Bitcoin uses____based PoW.

  • A. ETHASH SHA-256
  • B. PoB BoW
  • C. PoW PoB
  • D. SHAZ56 ETHASH

Answer: A

Explanation:
Ethereum uses Ethashas its Proof of Work (PoW) algorithm, whileBitcoin uses SHA-256for its PoW algorithm. Both are used to secure their respective networks, but they differ in terms of computational complexity and memory requirements.
Key Details:
* Ethash (Ethereum): Ethash is a memory-hard hashing algorithm designed to be resistant to ASIC mining, favoring GPU miners instead. It requires substantial memory, which helps to ensure a higher degree of decentralization.
* SHA-256 (Bitcoin): Bitcoin's SHA-256 is a highly secure hashing algorithm that supports ASIC mining. It is computationally intensive but less memory-demanding compared to Ethash.
* Purpose in PoW: Both algorithms enable miners to validate transactions and secure the network by solving complex puzzles. Ethash's design helps Ethereum maintain a decentralized network, whereas SHA-256 allows Bitcoin to achieve high levels of security with specialized mining equipment.
Therefore,D. ETHASH SHA-256is the correct answer, as these are the specific PoW algorithms used by Ethereum and Bitcoin, respectively.


NEW QUESTION # 13
________can support up to 10-14 transactions per second.

  • A. Zcash
  • B. copyright
  • C. Ethereum
  • D. Bitcoin

Answer: C

Explanation:
Ethereumcurrently supports a transaction throughput of approximately10-14 transactions per second (TPS)
. This transaction speed is a result of Ethereum's design, which balances decentralization and security, albeit at the cost of scalability. This TPS rate is consistent across the Ethereum network prior to its upgrade to Ethereum 2.0, which aims to increase scalability through sharding and Proof of Stake.
Key Details:
* Limitations of Current Throughput: Ethereum's TPS rate is due to limitations in its consensus mechanism (formerly Proof of Work, now Proof of Stake) and block size, which prioritize security over transaction speed.
* Comparison with Other Networks: Bitcoin, for example, supports around 3-7 TPS, while other networks like Solana or copyright Smart Chain support significantly higher TPS. Ethereum's TPS may increase as Ethereum 2.0 is fully implemented, which aims to improve its scalability.
* Impact on Decentralized Applications (copyright): Ethereum's transaction capacity impacts copyright running on the network, as higher usage can lead to congestion and increased transaction fees(gas fees).
The upcoming upgrades are intended to alleviate these issues and enhance performance.
Therefore,D. Ethereumis the correct answer, as it supports approximately 10-14 TPS in its current form.


NEW QUESTION # 14
The financial Action Task force defines virtual asset providers as companies that (choose two):

  • A. Exchange virtual assets for fiat currency
  • B. Purchase virtual currency
  • C. Sell products for virtual currency
  • D. Transfer virtual assets

Answer: A,D

Explanation:
TheFinancial Action Task Force (FATF)definesVirtual Asset Service Providers (VASPs)in its guidelines to include entities that engage in theexchange of virtual assets for fiat currencyand thetransfer of virtual assets. This categorization is part of the FATF's efforts to regulate and monitor the flow of virtual assets to mitigate risks associated with illicit activities.
Key Details:
* Exchange and Conversion Services: FATF recognizes companies that offer exchange services between virtual assets and fiat currencies as VASPs. These services are critical for converting virtual assets into forms that can be readily used in traditional markets.
* Transfer Services: VASPs that facilitate the transfer of virtual assets are also within the FATF's regulatory scope. This includes services that manage, transfer, or act as intermediaries in the movement of virtual assets between users, ensuring these transactions are conducted transparently and within regulatory frameworks.
Therefore,C. Exchange virtual assets for fiat currencyandD. Transfer virtual assetsare the correct answers, as they align with the FATF's definition of VASPs.


NEW QUESTION # 15
When you purchase bitcoins, how are they stored?

  • A. In an exchange
  • B. In a bitcoin wallet
  • C. As a hash
  • D. As a file

Answer: B

Explanation:
When you purchase bitcoins, they are storedin a bitcoin wallet. A bitcoin wallet is a digital tool that stores the cryptographic keys necessary to access and manage your Bitcoin holdings. It does not store physical bitcoins but instead holds the keys to access them on the blockchain.
Key Details:
* Functionality of Bitcoin Wallets: Bitcoin wallets manage private and public keys. The private key is required to sign transactions, while the public key generates addresses that allow for receiving bitcoins.
Without access to the private key, the user cannot spend or transfer their bitcoins.
* Types of Bitcoin Wallets: Wallets can be software-based (such as mobile or desktop apps) or hardware- based (physical devices like a Ledger or Trezor). There are also online (custodial) wallets provided by exchanges, but these still technically store bitcoins within a wallet.
* Not a Physical Storage: Bitcoins do not exist as physical files or objects. The wallet is an interface that interacts with the blockchain, where the actual records of ownership are maintained.
Thus,D. In a bitcoin walletis the correct answer, as bitcoins are stored in wallets that hold the keys necessary to interact with the Bitcoin blockchain.


NEW QUESTION # 16
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