312-82 Valid Exam Fee - 312-82 Test Guide

If you want to buy EC-COUNCIL 312-82 exam information, DumpsValid will provide the best service and the best quality products. Our exam questions have been authorized by the manufacturers and third-party. And has a large number of IT industry professionals and technology experts, based on customer demand, according to the the outline developed a range of products to meet customer needs. EC-COUNCIL 312-82 Exam Certification with the highest standards of professional and technical information, as the knowledge of experts and scholars to study and research purposes. All of the products we provide have a part of the free trial before you buy to ensure that you fit with this set of data.

EC-COUNCIL 312-82 Exam Syllabus Topics:

Topic	Details
Topic 1	Ethereum: This part of the exam evaluates the expertise of blockchain developers and IT professionals in Ethereum, the leading platform for decentralized applications (dApps).
Topic 2	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 3	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 4	Decentralized Applications (dApps): This final section examines the skills of software developers in creating decentralized applications (dApps). It discusses the design, development, and deployment of dApps and their potential to revolutionize traditional business models by offering more secure, transparent, and efficient solutions.
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	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 7	Insurance Applications: This section evaluates the expertise of insurance professionals, such as underwriters and claims managers in utilizing blockchain technology within the insurance industry.

>> 312-82 Valid Exam Fee <<

Well-Prepared 312-82 Valid Exam Fee – Verified Test Guide for 312-82: EC-Council Blockchain Fintech CertificationB|FC exam

The 312-82 training vce offered by DumpsValid will be the best tool for you to pass your actual test. The 312-82 questions & answers are especially suitable for the candidates like you for the coming exam test. The contents of EC-COUNCIL study dumps are edited by our experts who have rich experience, and easy for all of you to understand. So, with the skills and knowledge you get from 312-82 practice pdf, you can 100% pass and get the certification you want.

EC-COUNCIL EC-Council Blockchain Fintech CertificationB|FC exam Sample Questions (Q36-Q41):

NEW QUESTION # 36
A Type II DAPP is categorized by its______

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

Answer: B

Explanation:
AType II DAppis a decentralized application that uses both the blockchain and protocol of aType I DApp.
Type I DApps are the foundational blockchain-based platforms, such as Ethereum, that operate with their own blockchain. Type II DApps build on these platforms, using the existing blockchain and protocol, but offering specific functionalities or services.
Key Details:
* Type I DApps: 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 DApps: Type II DApps leverage the infrastructure of Type I DApps 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 DApps 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 DApps.

NEW QUESTION # 37
Who first proposed blind signatures to build an untraceable digital currency?

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

Answer: A

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 # 38
Which of the following are benefits of blockchain for financial services according to IBM ''Blockchain for Financial Services''?

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

Answer: A,C

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 # 39
FinCEN requires any person engaging in the business of money transmission or the transfer of funds, including CVC, to (I) maintain an ''effective'' written anti-money laundering program reasonably designed to prevent the business from being employed to help the financing of terrorist activities and money laundering and________.

A. Report suspidous transactions
B. Registry as a money service business
C. Submit reports to the SEC
D. Maintain detailed records of all customers

Answer: A

Explanation:
FinCENrequires money transmitters and companies involved in virtual currency (CVC) transmission to report suspicious transactions as part of their anti-money laundering (AML) responsibilities. This is in addition to maintaining an effective AML program and registering as a money service business (MSB).
Key Details:
* AML Program: The program must be reasonably designed to detect and prevent the use of financial services for money laundering or terrorist financing.
* Reporting Suspicious Activity: FinCEN mandates that companies must file Suspicious Activity Reports (SARs) for any transactions that appear to be potentially suspicious or indicative of illegal activities.
* Regulatory Compliance: This requirement ensures that businesses adhere to federal regulations, contributing to a secure financial system by monitoring and reporting illicit activity.
Therefore,A. Report suspicious transactionsis the correct answer, as this is a key requirement for companies under FinCEN's regulations regarding money transmission and virtual currencies.

NEW QUESTION # 40
A________in a new chain and requires clients to upgrade in order to participate on the new blockchain.

A. Soft fork
B. Hard fork
C. Sharding
D. Sub chain

Answer: B

Explanation:
Ahard forkoccurs when there is a fundamental change in a blockchain's protocol, resulting in the creation of a new chain that is incompatible with the previous one. After a hard fork, nodes must upgrade to the new version of the blockchain's software to continue participating in the network. A hard fork can be used to implement new features, fix security issues, or change core aspects of the blockchain.
Key Details:
* Differences from Soft Forks: Unlike a soft fork, which is backward-compatible and allows nodes on the previous version to still participate, a hard fork splits the blockchain into two distinct paths, with the upgraded path requiring new software.
* Examples: Notable hard forks include Bitcoin Cash from Bitcoin and Ethereum Classic from Ethereum. These forks occurred due to disagreements within the community on how to handle certain protocol changes, leading to the creation of separate blockchains.
* Upgrade Requirements: Participants on the blockchain who wish to continue on the new chain after a hard fork must update their software. Those who do not upgrade remain on the original chain, which continues as a separate, incompatible blockchain.
Thus, the correct answer isHard fork (A), as it directly refers to a blockchain split that requires client upgrades for participation.

NEW QUESTION # 41
......

You can use your smart phones, laptops, the tablet computers or other equipment to download and learn our 312-82 study materials. Moreover, our customer service team will reply the clients’ questions patiently and in detail at any time and the clients can contact the online customer service even in the midnight. The clients at home and abroad can purchase our 312-82 Study Materials online. Our service covers all around the world and the clients can receive our 312-82 study materials as quickly as possible.

312-82 Test Guide: https://www.dumpsvalid.com/312-82-still-valid-exam.html