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In addition to the comprehensive EC-COUNCIL 312-82 practice exams, our product also includes EC-Council Blockchain Fintech CertificationB|FC exam (312-82) PDF questions developed by our team to help you get prepared in a short time. Our Prepare for your EC-Council Blockchain Fintech CertificationB|FC exam (312-82) PDF format works on all smart devices without limits of time and place.

EC-COUNCIL 312-82 Exam Syllabus Topics:

Topic	Details
Topic 1	Blockchain Project Implementation: In this section, the exam focuses on the capability of project managers to execute blockchain projects effectively.
Topic 2	Ethereum: This part of the exam evaluates the expertise of blockchain developers and IT professionals in Ethereum, the leading platform for decentralized applications (copyright).
Topic 3	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 4	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 5	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 6	Decentralized Applications (copyright): This final section examines the skills of software developers in creating decentralized applications (copyright). It discusses the design, development, and deployment of copyright and their potential to revolutionize traditional business models by offering more secure, transparent, and efficient solutions.
Topic 7	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 8	Blockchain’s copyright Assets: This segment tests the proficiency of professionals like copyright traders in the area of copyright 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.

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EC-COUNCIL EC-Council Blockchain Fintech CertificationB|FC exam Sample Questions (Q22-Q27):

NEW QUESTION # 22
Who first proposed blind signatures to build an untraceable digital currency?

A. Satoshi Nakamoto
B. Wei Dai
C. Nick Szabo
D. David Chaum

Answer: D

Explanation:
David Chaumfirst proposed the concept ofblind signaturesin the early 1980s as a way to create an untraceable digital currency. Chaum's work laid the groundwork for digital privacy in financial transactions by enabling transactions to be signed without revealing the actual content of the transaction, thus maintaining user privacy.
Key Details:
* Blind Signatures: A blind signature is a form of digital signature in which the content of a message is hidden (or "blinded") before being signed. This allows for privacy-preserving digital transactions, as the signer cannot see the actual content they are signing.
* Application in Digital Currency: Chaum's idea was foundational for the development of anonymous electronic cash systems. His work led to the creation of DigiCash in 1989, one of the earliest forms of digital currency focused on user privacy.
* Influence on Modern Cryptocurrencies: Although Chaum's DigiCash was not a blockchain-based system, his concepts of privacy and anonymous transactions greatly influenced the development of later cryptographic currencies and protocols, including Bitcoin.
Therefore,A. David Chaumis the correct answer, as he pioneered the use of blind signatures for anonymous digital currency.

NEW QUESTION # 23
The financial Action Task force defines virtual asset providers as companies that (choose two):

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

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 # 24
_______uses a Trusted Execution environment (TEE) to provide randomness and safety in the leader election process via a guaranteed wait time.

A. PoET
B. PoA
C. PoD
D. Pol

Answer: A

Explanation:
Proof of Elapsed Time (PoET)is a consensus mechanism that uses a Trusted Execution Environment (TEE) to ensure randomness and safety in the leader election process by enforcing a guaranteed wait time.
Developed by Intel, PoET is particularly used in permissioned blockchain networks where a TEE can securely run code to determine which node is elected to propose the next block. This mechanism is efficient in terms of energy consumption and provides a fair method for selecting a leader without requiring intensive computational power.
Key Details:
* Role of TEE in PoET: The TEE ensures that nodes wait for a random period before being eligible to propose a new block. This waiting period is verified by the TEE, which acts as a trusted third party to confirm that nodes have adhered to the assigned wait time.
* Randomness and Security: PoET provides randomness in the leader selection process, reducing the chances of any node gaining an unfair advantage. It also promotes security by leveraging the TEE, which is designed to prevent tampering with the waiting time calculations.
* Use Cases: PoET is mainly used in permissioned blockchain environments like Hyperledger Sawtooth, where nodes are pre-approved, and there is a need for a scalable yet secure consensus mechanism.
In summary, PoET is the correct answer as it directly refers to a consensus mechanism that utilizes a Trusted Execution Environment for leader election.

NEW QUESTION # 25
__________ is the process of converting rights to an asset into a digital representation on a blockchain.

A. Cryptomining
B. Proof of Work
C. Proof of Stake
D. Tekenization

Answer: D

Explanation:
Tokenizationis the process of converting rights to an asset into a digital representation on a blockchain. This process allows assets like real estate, art, or securities to be represented as digital tokens that can be traded or transferred on a blockchain.
Key Details:
* Digital Representation of Assets: Tokenization involves creating digital tokens on a blockchain that represent ownership or rights to a real-world asset. These tokens can be transferred and traded much like traditional assets.
* Advantages of Tokenization: By enabling fractional ownership, tokenization lowers barriers to investment and improves liquidity. It also provides transparency and traceability in asset transactions.
* Use Cases: Tokenization is widely used in real estate, art, and securities, as it facilitates easy transfer, enhances liquidity, and enables global access to traditionally illiquid assets.
Thus,D. Tokenizationis the correct answer, as it describes the process of converting asset rights into a digital form on a blockchain.

NEW QUESTION # 26
A Type II DAPP is categorized by its______

A. Using the blockchain and protocol of a type I
B. Using another blockchain such as Ethereum
C. Using the block chain of a type I but not the protocol
D. Using the protocol of a type II DApp

Answer: A

Explanation:
AType II DAppis a decentralized application that uses both the blockchain and protocol of aType I DApp.
Type I copyright are the foundational blockchain-based platforms, such as Ethereum, that operate with their own blockchain. Type II copyright build on these platforms, using the existing blockchain and protocol, but offering specific functionalities or services.
Key Details:
* Type I copyright: These are fundamental blockchain platforms, like Bitcoin or Ethereum, which have their own blockchain and provide a foundation for other applications.
* Characteristics of Type II copyright: Type II copyright leverage the infrastructure of Type I copyright but add additional functionality through smart contracts or protocols. For example, protocols such asERC-
20 tokensorERC-721 NFTsare built on Ethereum and utilize Ethereum's underlying blockchain and consensus protocol.
* Integration: By utilizing both the blockchain and protocol of a Type I DApp, Type II copyright inherit the security, decentralization, and features of the underlying Type I platform, which simplifies their development and ensures compatibility.
In summary,B. Using the blockchain and protocol of a type Iaccurately describes the categorization of Type II copyright.

NEW QUESTION # 27
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312-82 DISCOUNT & 312-82 LATEST MOCK TEST

312-82 Discount & 312-82 Latest Mock Test