EC-COUNCIL 312-82 Instant Discount & Composite Test 312-82 Price

Tags: 312-82 Instant Discount, Composite Test 312-82 Price, Online 312-82 Tests, 312-82 Certification Training, 312-82 Exam Blueprint

You can free download part of BraindumpsVCE's exercises and answers about EC-COUNCIL certification 312-82 exam as a try, then you will be more confident to choose our BraindumpsVCE's products to prepare your EC-COUNCIL Certification 312-82 Exam. Please add BraindumpsVCE's products in you cart quickly.

What we attach importance to in the transaction of latest 312-82 quiz prep is for your consideration about high quality and efficient products and time-saving service. We treasure time as all customers do. Therefore, fast delivery is another highlight of our latest 312-82 quiz prep. We are making efforts to save your time and help you obtain our product as quickly as possible. We will send our 312-82 Exam Guide within 10 minutes after your payment. You can check your mailbox ten minutes after payment to see if our 312-82 exam guide are in.

>> EC-COUNCIL 312-82 Instant Discount <<

Quiz EC-COUNCIL - 312-82 –The Best Instant Discount

The evergreen field of EC-COUNCIL is so attractive that it provides non-stop possibilities for the one who passes the EC-COUNCIL 312-82 exam. So, to be there on top of the IT sector, earning the EC-Council Blockchain Fintech CertificationB|FC exam (312-82) certification is essential. Because of using outdated 312-82 Study Material, many candidates don't get success in the 312-82 exam and lose their resources. The 312-82 PDF Questions of BraindumpsVCE are authentic and real.

EC-COUNCIL EC-Council Blockchain Fintech CertificationB|FC exam Sample Questions (Q47-Q52):

NEW QUESTION # 47
Which of the following are benefits of blockchain for financial services according to IBM ''Blockchain for Financial Services''?

  • A. Automated compliance
  • B. Streamlined regulations
  • C. Increased customer base
  • D. Faster settlement

Answer: A,D

Explanation:
According to IBM's "Blockchain for Financial Services", blockchain offers several benefits, including faster settlement and automated compliance. These features are critical in enhancing the efficiency and reliability of financial services.
Key Details:
Faster Settlement: Blockchain technology enables near-instantaneous settlement of transactions by eliminating the need for traditional intermediaries and reducing processing times, which can speed up transactions significantly compared to legacy systems.
Automated Compliance: Blockchain's transparency and immutability allow for the automatic recording and verification of regulatory requirements. Smart contracts can be used to enforce compliance rules in real-time, ensuring that transactions adhere to regulatory standards without manual intervention.
Impact on Financial Services: These benefits translate to reduced operational costs, improved transaction accuracy, and increased trust between parties, making blockchain an attractive solution for financial institutions.
Thus, A. Faster settlement and B. Automated compliance are the correct answers, as these are specific benefits of blockchain in financial services according to IBM.


NEW QUESTION # 48
When you purchase bitcoins, how are they stored?

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

Answer: D

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 # 49
A________ is a blockchain where participants of the network are already known and trusted.

  • A. Permissioned ledger
  • B. Permission less ledger
  • C. Smart contract
  • D. Hyperledger Fabric

Answer: A

Explanation:
APermissioned ledgeris a blockchain where participants are known and trusted, and access to the network is restricted to authorized entities. Permissioned ledgers are commonly used in enterprise and consortium settings where privacy, compliance, and control over data are essential.
Key Details:
* Controlled Access: In a permissioned ledger, only pre-approved participants can validate transactions and participate in the consensus process. This model ensures that all network members are identified and trusted, which is ideal for environments requiring a higher level of control and privacy.
* Use Cases: Permissioned ledgers are widely used in industries such as finance, healthcare, and supply chain, where it's important to know and trust participants due to regulatory or operational needs.
* Contrast with Permissionless Ledgers: Unlike permissionless ledgers (such as Bitcoin), which allow anyone to join and participate in the network, permissioned ledgers restrict participation to entities that meet specific criteria.
Thus,A. Permissioned ledgeris the correct answer, as it describes a blockchain network where participants are known and trusted.


NEW QUESTION # 50
A____does not result in a new chain and does not require client nodes to upgrade.

  • A. Dependent chain
  • B. Side chain
  • C. Hard fork
  • D. Soft fork

Answer: D

Explanation:
Asoft forkis a change to a blockchain protocol that is backward-compatible, meaning it does not result in the creation of a new chain and does not require all client nodes to upgrade. Nodes that do not upgrade can still participate in the network, although they may not have access to all new features introduced by the soft fork.
Key Details:
* Backward Compatibility: In a soft fork, updated nodes enforce the new rules, while non-updated nodes continue to follow the older protocol but remain part of the same blockchain. This contrasts with hard forks, where incompatibility leads to the creation of a new chain.
* Use Cases: Soft forks are commonly used to implement protocol upgrades or adjustments that do not fundamentally alter the structure of the blockchain, such as increasing block size limits or adding new features that are optional.
* Examples: An example of a soft fork is the Segregated Witness (SegWit) update on the Bitcoin blockchain, which was implemented to increase block capacity without splitting the chain.
Thus,B. Soft forkis the correct answer, as it refers to a backward-compatible update that does not require a new chain or mandatory upgrades from all nodes.


NEW QUESTION # 51
The financial Action Task force defines virtual asset providers as companies that (choose two):

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

Answer: C,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 # 52
......

After successful competition of the 312-82 certification, the certified candidates can put their career on the right track and achieve their professional career objectives in a short time period. However, to pass the 312-82 Exam you have to prepare well. For the quick 312-82 exam preparation the 312-82 Questions are the right choice.

Composite Test 312-82 Price: https://www.braindumpsvce.com/312-82_exam-dumps-torrent.html

EC-COUNCIL 312-82 Instant Discount In order to overcome the difficulties in the actual test, you may need to get some study material to assist you, Additionally, you can confidently study for the 312-82 exam, EC-COUNCIL 312-82 Instant Discount Do you provide free updates, When you take BraindumpsVCE EC-COUNCIL 312-82 practice exams, you can know whether you are ready for the finals or not, Rather than insulating from the requirements of the 312-82 real exam, our 312-82 practice materials closely co-related with it.

Focus on the expertise measured by these objectives: Configure, manage, (https://www.braindumpsvce.com/312-82_exam-dumps-torrent.html) and migrate Unified Messaging, Tom McMail, Ex-Microsoft Strategic Collaborations Director Academic Innovations Manager.

Pass Guaranteed Quiz Valid 312-82 - EC-Council Blockchain Fintech CertificationB|FC exam Instant Discount

In order to overcome the difficulties in the actual test, you may need to get some study material to assist you, Additionally, you can confidently study for the 312-82 exam.

Do you provide free updates, When you take BraindumpsVCE EC-COUNCIL 312-82 practice exams, you can know whether you are ready for the finals or not, Rather than insulating from the requirements of the 312-82 real exam, our 312-82 practice materials closely co-related with it.

Leave a Reply

Your email address will not be published. Required fields are marked *