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EC-COUNCIL 312-82 Exam Syllabus Topics:

Topic	Details
Topic 1	Blockchain’s Cryptocurrency Assets: This segment tests the proficiency of professionals like cryptocurrency traders in the area of cryptocurrency assets. It examines the role of blockchain in creating and managing digital currencies like Bitcoin and Ethereum, as well as its broader impact on the financial world.
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	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 4	Bitcoin: This module zeroes in on Bitcoin, the first and most prominent cryptocurrency. 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 5	Introduction: This part of the exam gauges the basic knowledge of blockchain technology for professionals like financial analysts and covers key blockchain concepts such as distributed ledgers, consensus mechanisms, and smart contracts, forming the basis for more advanced topics covered later.
Topic 6	Blockchain Project Implementation: In this section, the exam focuses on the capability of project managers to execute blockchain projects effectively.
Topic 7	Open Source: This module assesses the understanding of software developers and IT professionals concerning open-source blockchain frameworks. It explores the advantages of open-source development in blockchain, such as fostering innovation, transparency, and collaboration, as well as how professionals can contribute to or adopt these open-source solutions.
Topic 8	Security in Blockchains: This part assesses the knowledge of cybersecurity experts, IT auditors, and compliance professionals in securing blockchain systems.

EC-COUNCIL EC-Council Blockchain Fintech CertificationB|FC exam Sample Questions (Q38-Q43):

NEW QUESTION # 38
What is the primary way blockchain could help in the food industry?

A. Making transport safer
B. Making transaction ore transparent
C. Eliminating food born illness
D. Streamlining management

Answer: B

Explanation:
Blockchain can greatly benefit the food industry bymaking transactions more transparent. By recording each transaction in an immutable ledger, blockchain enables traceability, which is crucial for food safety, quality control, and ensuring that products meet regulatory standards.
Key Details:
* Traceability: Blockchain allows for the tracking of food products from farm to table. Each step in the supply chain can be recorded on the blockchain, providing consumers and regulators with transparent information about the origin and journey of food products.
* Improving Trust and Safety: With transparent transactions, stakeholders can quickly identify and address issues such as contamination, fraud, or mislabeling, which enhances food safety and consumer trust.
* Enhanced Efficiency: By reducing paperwork and enabling digital record-keeping, blockchain streamlines the process of verifying and sharing information about food products across various parties.
Thus,C. Making transactions more transparentis the correct answer, as it highlights blockchain's role in providing transparency in the food industry.

NEW QUESTION # 39
A________represents a transfer of value from one address to another, Transaction in a blockchain network can be defined also as a record of an event or the ''transfer of value from one account to another''

A. Block
B. Hash function
C. Signature
D. transaction

Answer: D

Explanation:
In blockchain terminology, atransactionrepresents the transfer of value from one address to another. Each transaction is recorded on the blockchain as an immutable entry, often representing a movement of digital assets or a record of an event.
Key Details:
* Nature of Transactions: A blockchain transaction involves a digital asset or token being sent from one blockchain address (wallet) to another. The transaction is broadcast to the network, validated by nodes, and then recorded on the blockchain ledger.
* Transfer of Value: Blockchain transactions serve as proof of the transfer of value, which could represent cryptocurrency movement, digital asset exchange, or a specific record of an event, depending on the blockchain's purpose.
* Inclusion in Blocks: Each transaction is grouped into blocks, which are then cryptographically linked together, forming the blockchain. This ensures all transactions are secure, traceable, and verifiable.
Thus,D. Transactionis the correct answer, as it describes the fundamental concept of transferring value on a blockchain.

NEW QUESTION # 40
What is a utility cryplet?

A. A part of IBM Hyperledger Fabric that is created automatically when a smart contract is created on the chain and resides off the chain.
B. A part of Microsoft Azure Bletchley that is created automatically when a smart contract is created on the chain and resides of the chain.
C. A part of Microsoft Azure Bletchley that is used to provide basic services such as encryption and basic data fetching from external sources.
D. A part of IBM Hyperledger Fabric Bletchley that is used to provide basic services such as encryption and basic data fetching from external sources.

Answer: C

Explanation:
Autility crypletis a component of Microsoft Azure Bletchley that provides essential services, such as encryption and data retrieval from external sources, to support blockchain applications. Bletchley is a Microsoft Azure project designed to enhance blockchain infrastructure by offering middleware services and tools for secure and efficient blockchain solutions.
Key Details:
* Purpose of Utility Cryplets: Utility cryplets extend the functionality of blockchain networks by offering off-chain services, which include cryptographic operations, data encryption, and fetching information from external APIs or data sources. This enhances the capabilities of smart contracts by allowing them to securely interact with off-chain data.
* Microsoft Azure Bletchley: As part of Microsoft's blockchain ecosystem, Bletchley provides an environment that supports building, deploying, and managing blockchain applications. Cryplets are designed to facilitate secure, reliable, and scalable integration between on-chain and off-chain processes.
* Use Cases: Utility cryplets are particularly useful in scenarios where blockchain applications need to access external data (like price feeds, identity verification, etc.) while ensuring data integrity and security.
Therefore,B. A part of Microsoft Azure Bletchley that is used to provide basic services such as encryption and basic data fetching from external sourcesis the correct answer, as it describes the function and purpose of utility cryplets within the Azure Bletchley project.

NEW QUESTION # 41
A________ is a blockchain where participants of the network are already known and trusted.

A. Permissioned ledger
B. Smart contract
C. Permission less ledger
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 # 42
These wallets use a this passphrase to derive the private key

A. Hierarchical Deterministic Wallets
B. Deterministic Wallets
C. Non-Deterministic Wallets
D. Brain Wallets

Answer: D

Explanation:
Brain Walletsderive private keys from a passphrase. This approach allows users to create a wallet by memorizing a unique phrase, which is then hashed to generate the corresponding private key.
Key Details:
* Use of Passphrases: Brain wallets use a passphrase that is entered by the user, typically a string of words that can be remembered easily. This passphrase is then converted into a private key using a cryptographic hash function.
* Security Concerns: While convenient, brain wallets are susceptible to brute-force attacks if the passphrase is not sufficiently complex. Simple or common phrases may be vulnerable to attackers who use lists of common phrases to derive potential private keys.
* Distinction from Deterministic Wallets: Unlike Hierarchical Deterministic Wallets, which use a seed phrase to generate a tree of keys, brain wallets derive a single private key directly from a passphrase.
In conclusion,B. Brain Walletsis the correct answer, as these wallets use a passphrase to generate the private key.

NEW QUESTION # 43
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EC-COUNCIL Premium 312-82 Files: EC-Council Blockchain Fintech CertificationB|FC exam - SureTorrent One of 10 Leading Planform

Free PDF Premium 312-82 Files | Perfect New 312-82 Test Preparation: EC-Council Blockchain Fintech CertificationB|FC exam

EC-COUNCIL 312-82 Exam Syllabus Topics:

EC-COUNCIL EC-Council Blockchain Fintech CertificationB|FC exam Sample Questions (Q38-Q43):

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