312-82 exam

Which of the following are likely use cases for blockchain in the energy industry? (Select two.)A . Safety in energy productionB . Energy tradingC . Safety in energy transportD . Smart power gridsView AnswerAnswer: B, D Explanation: Blockchain technology has significant potential in the energy industry, particularly in energy trading...

A________in a new chain and requires clients to upgrade in order to participate on the new blockchain.A . Hard forkB . Soft forkC . ShardingD . Sub chainView AnswerAnswer: A Explanation: A hard fork occurs when there is a fundamental change in a blockchain’s protocol, resulting in the creation of...

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....