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According to a study be Deloitte, which of the following are benefits of blockchain for the insurance industry (pick two)? A. More efficient claims processing B. Supporting strategic initiatives C. Comprehensive interoperable health records D. Lower costsView AnswerAnswer: A, D Explanation: According to studies conducted by Deloitte and other industry...

Proof of work algorithms are best described as being used for what?A . Executing transactionsB . Proof that adequate computational resources have been sent.C . Bitcoin miningD . Proving the user has invested enough in the systemView AnswerAnswer: B Explanation: Proof of Work (PoW) algorithms are primarily used to demonstrate...

These wallets store keys in a tree structure derived from a seed.A . Brain WalletsB . Hierarchical Deterministic WalletsC . Deterministic WalletsD . Non-Deterministic WalletsView AnswerAnswer: B Explanation: Hierarchical Deterministic (HD) Wallets are wallets that generate private and public keys in a tree structure, starting from a single seed phrase....