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Free Certified Metaverse Professional (CMP) - 101 Blockchains Exam Questions and Answers
Last updated: February 19, 2025
Examtopics Certified Metaverse Professional (CMP) - 101 Blockchains Prepaway Real Exam Questions and dumps free download
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Certified Metaverse Professional (CMP) - 101 Blockchains
#Question
How can blockchain impact traditional banking systems?
A.
Increases fees
B.
Limits innovation
C.
Complicates processes
D.
Provides real-time transactions
Correct Answer:
D
Blockchain can enable real-time transactions, reducing delays that are common in traditional banking systems.
#Question
What is a significant benefit of public blockchain systems?
A.
Increased fees
B.
Greater transparency
C.
Centralized control
D.
Enhanced privacy
Correct Answer:
B
Public blockchains provide transparency by allowing anyone to view transaction histories.
#Question
How can blockchain systems support renewable energy initiatives?
A.
Increase carbon footprint
B.
Facilitate peer-to-peer energy trading
C.
Centralize production
D.
Limit participation
Correct Answer:
B
Blockchain can support renewable energy by enabling peer-to-peer trading of energy among consumers.
#Question
How does blockchain technology affect the real estate industry?
A.
Centralizes ownership
B.
Increases transparency
C.
Limits documentation
D.
Complicates transactions
Correct Answer:
B
Blockchain streamlines real estate transactions by providing clear and transparent property histories.
#Question
What is the impact of blockchain on data sharing across organizations?
A.
Enhances trust
B.
Increases costs
C.
Centralizes access
D.
Reduces collaboration
Correct Answer:
A
Blockchain enhances trust between organizations sharing data, as it provides a secure and verifiable data-sharing environment.
#Question
How can tokenization change the way we view ownership?
A.
Centralizes ownership
B.
Limits accessibility
C.
Complicates transactions
D.
Increases liquidity
Correct Answer:
D
Tokenization can democratize and increase liquidity in asset ownership by allowing fractional interests.
#Question
What is the significance of a transaction fee in blockchain?
A.
Reduces speeds
B.
Facilitates access
C.
Governs market value
D.
Incentivizes miners
Correct Answer:
D
Transaction fees incentivize miners or validators to process transactions in the blockchain network.
Certified Metaverse Professional (CMP) - 101 Blockchains
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FAQ
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