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Eccouncil 312-82 Exam Questions

Exam Name: EC-Council Blockchain Fintech Certification (BFC) Exam
Exam Code: 312-82
Related Certification(s): Eccouncil EC-Council Blockchain Fintech Certification (B|FC) Certification
Certification Provider: Eccouncil
Actual Exam Duration: 90 Minutes
Number of 312-82 practice questions in our database: 50 (updated: Feb. 17, 2025)
Expected 312-82 Exam Topics, as suggested by Eccouncil :
  • Topic 1: 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 2: Financial Applications: This section assesses the understanding of blockchain applications within financial services for professionals such as fintech developers and covers how blockchain is reshaping areas like payments, remittances, and trading by providing secure, transparent, and efficient alternatives to conventional methods.
  • Topic 3: 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 4: 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 5: Blockchain Project Implementation: In this section, the exam focuses on the capability of project managers to execute blockchain projects effectively.
  • Topic 6: 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 7: Security in Blockchains: This part assesses the knowledge of cybersecurity experts, IT auditors, and compliance professionals in securing blockchain systems.
  • Topic 8: 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 9: 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 10: 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 11: 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.
Disscuss Eccouncil 312-82 Topics, Questions or Ask Anything Related

Sabina

1 days ago
The exam tested knowledge on blockchain governance models. Be prepared to compare DAO structures and their decision-making processes. Pass4Success really helped me grasp these concepts!
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Afton

15 days ago
Thank you Pass4Success! Your materials helped me clear the BFC exam in record time. Highly recommend!
upvoted 0 times
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Wenona

17 days ago
Blockchain interoperability was covered extensively. Expect questions on cross-chain communication protocols. Research projects working on blockchain interoperability solutions.
upvoted 0 times
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Louis

1 months ago
Decentralized Finance (DeFi) was a hot topic. Questions on lending protocols and yield farming appeared. Study the major DeFi platforms and their functionalities.
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Grover

1 months ago
I found the exam to be quite comprehensive, and the Pass4Success practice questions were a great help. One question that I found challenging was about open source in blockchain. It asked how open source contributes to blockchain innovation, and although I was unsure of my answer, I managed to pass.
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Stephanie

1 months ago
Passed my EC-Council BFC exam today! Pass4Success made it possible with their up-to-date practice tests.
upvoted 0 times
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Chanel

1 months ago
The exam delved into tokenization concepts. Be ready to explain how assets can be tokenized and the benefits. Understanding ERC standards is crucial.
upvoted 0 times
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Viki

2 months ago
Blockchain scalability solutions were tested. Questions on Layer 2 solutions and sharding came up. Study different approaches to improving blockchain throughput.
upvoted 0 times
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Tegan

2 months ago
Passing the exam was a relief, and I owe a lot to Pass4Success for their practice questions. A question that stumped me was regarding the implementation of blockchain projects. It asked about the key phases in a blockchain project lifecycle, and while I was unsure of the details, I still passed.
upvoted 0 times
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Marshall

2 months ago
BFC exam conquered! Couldn't have done it without Pass4Success. Their questions were incredibly relevant.
upvoted 0 times
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Renato

2 months ago
Fintech regulations played a big role in the exam. Expect questions on regulatory frameworks like KYC and AML. Familiarize yourself with global fintech regulatory trends.
upvoted 0 times
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Luis

3 months ago
The exam was a true test of my knowledge, and I'm grateful for the Pass4Success practice questions. One question that left me uncertain was about the financial applications of blockchain. It asked how blockchain technology can enhance transparency in financial transactions. Despite my uncertainty, I passed the exam.
upvoted 0 times
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Micah

3 months ago
Cryptocurrency questions were prevalent. Make sure you understand the differences between various crypto tokens and their use cases. Thanks to Pass4Success for their spot-on practice questions!
upvoted 0 times
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My

3 months ago
Ecstatic! Aced the Blockchain Fintech Certification exam. Pass4Success materials were a lifesaver for quick prep.
upvoted 0 times
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Aron

3 months ago
Having just passed the exam, I can attest to the value of Pass4Success practice questions. They were crucial in my study routine. There was a tricky question about the security measures in blockchains, specifically asking how consensus algorithms contribute to blockchain security. I wasn't entirely sure of my answer, but I passed nonetheless.
upvoted 0 times
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Beula

3 months ago
The exam covered a lot on smart contracts. Be prepared for scenarios testing your understanding of their execution and limitations. Study Ethereum's smart contract capabilities thoroughly.
upvoted 0 times
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Mila

4 months ago
I must say, the exam was tougher than I anticipated. Thanks to Pass4Success, I was able to navigate through it successfully. A question that puzzled me was related to Blockchain as a Service (BaaS). It inquired about the benefits of using BaaS for enterprises, and although I hesitated on my response, I still managed to pass.
upvoted 0 times
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Rosalia

4 months ago
Just passed the EC-Council BFC exam! Blockchain fundamentals were a key focus. Expect questions on distributed ledger technology and its core principles. Brush up on how blockchain achieves consensus and maintains data integrity.
upvoted 0 times
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Lemuel

4 months ago
Just passed the EC-Council BFC exam! Thanks Pass4Success for the spot-on practice questions. Saved me so much time!
upvoted 0 times
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Benton

4 months ago
The exam was a challenging yet rewarding experience. I passed with the help of Pass4Success practice questions, which were instrumental in my preparation. One question that caught me off guard was about the role of smart contracts in Decentralized Applications (dApps). It asked how smart contracts ensure trust and security in dApps, and while I was unsure of the exact answer, I managed to pass the exam.
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Free Eccouncil 312-82 Exam Actual Questions

Note: Premium Questions for 312-82 were last updated On Feb. 17, 2025 (see below)

Question #1

______is intended to provide a foundation for the development of blockchain solutions with a modular architecture.

Reveal Solution Hide Solution
Correct Answer: B

Hyperledger Fabric is designed to provide a foundation for developing blockchain solutions with a modular architecture. Fabric, a project under the Hyperledger umbrella by the Linux Foundation, offers flexibility through its pluggable components, enabling enterprises to tailor blockchain networks according to their specific requirements.

Key Details:

Modular Architecture: Hyperledger Fabric supports modular plug-ins for various functions, including consensus, identity management, and privacy settings. This allows organizations to customize the blockchain to suit their operational needs.

Permissioned Network: Fabric is a permissioned blockchain, meaning that it restricts network participation to authorized entities, which is ideal for enterprise use cases that require confidentiality and controlled access.

Enterprise-Grade Features: Fabric's architecture is well-suited for complex business processes, providing features like private data collections, which allow subsets of participants to create private channels for transactions.

Thus, B. FABRIC is the correct answer, as it is specifically developed to support modular, enterprise-grade blockchain solutions.


Question #2

The right to publish a new block is determined by ________

Reveal Solution Hide Solution
Correct Answer: A

The right to publish a new block is commonly determined by Proof of Work (PoW) in blockchain networks like Bitcoin. In PoW, network nodes, known as miners, compete to solve a cryptographic puzzle. The first node to successfully solve it gains the right to add a new block to the blockchain.

Key Details:

Proof of Work Mechanism: Miners perform computational work to solve a hash puzzle, which proves that they have expended effort. This process ensures that blocks are added in a way that is resistant to tampering and fraud.

Reward System: The miner who successfully publishes a new block receives a block reward (in Bitcoin, for example), incentivizing miners to participate in maintaining the blockchain network's security.

Alternative Mechanisms: Other consensus mechanisms, such as Proof of Stake (PoS), do not rely on computational work but rather on a node's stake or investment in the blockchain. However, in the context of traditional blockchain models like Bitcoin, PoW is the primary method for determining block publication rights.

Therefore, A. Nodes proof of work is the correct answer, as PoW is the standard method by which nodes earn the right to publish new blocks in many blockchain networks.


Question #3

______is intended to provide a foundation for the development of blockchain solutions with a modular architecture.

Reveal Solution Hide Solution
Correct Answer: B

Hyperledger Fabric is designed to provide a foundation for developing blockchain solutions with a modular architecture. Fabric, a project under the Hyperledger umbrella by the Linux Foundation, offers flexibility through its pluggable components, enabling enterprises to tailor blockchain networks according to their specific requirements.

Key Details:

Modular Architecture: Hyperledger Fabric supports modular plug-ins for various functions, including consensus, identity management, and privacy settings. This allows organizations to customize the blockchain to suit their operational needs.

Permissioned Network: Fabric is a permissioned blockchain, meaning that it restricts network participation to authorized entities, which is ideal for enterprise use cases that require confidentiality and controlled access.

Enterprise-Grade Features: Fabric's architecture is well-suited for complex business processes, providing features like private data collections, which allow subsets of participants to create private channels for transactions.

Thus, B. FABRIC is the correct answer, as it is specifically developed to support modular, enterprise-grade blockchain solutions.


Question #4

The right to publish a new block is determined by ________

Reveal Solution Hide Solution
Correct Answer: A

The right to publish a new block is commonly determined by Proof of Work (PoW) in blockchain networks like Bitcoin. In PoW, network nodes, known as miners, compete to solve a cryptographic puzzle. The first node to successfully solve it gains the right to add a new block to the blockchain.

Key Details:

Proof of Work Mechanism: Miners perform computational work to solve a hash puzzle, which proves that they have expended effort. This process ensures that blocks are added in a way that is resistant to tampering and fraud.

Reward System: The miner who successfully publishes a new block receives a block reward (in Bitcoin, for example), incentivizing miners to participate in maintaining the blockchain network's security.

Alternative Mechanisms: Other consensus mechanisms, such as Proof of Stake (PoS), do not rely on computational work but rather on a node's stake or investment in the blockchain. However, in the context of traditional blockchain models like Bitcoin, PoW is the primary method for determining block publication rights.

Therefore, A. Nodes proof of work is the correct answer, as PoW is the standard method by which nodes earn the right to publish new blocks in many blockchain networks.


Question #5

______is intended to provide a foundation for the development of blockchain solutions with a modular architecture.

Reveal Solution Hide Solution
Correct Answer: B

Hyperledger Fabric is designed to provide a foundation for developing blockchain solutions with a modular architecture. Fabric, a project under the Hyperledger umbrella by the Linux Foundation, offers flexibility through its pluggable components, enabling enterprises to tailor blockchain networks according to their specific requirements.

Key Details:

Modular Architecture: Hyperledger Fabric supports modular plug-ins for various functions, including consensus, identity management, and privacy settings. This allows organizations to customize the blockchain to suit their operational needs.

Permissioned Network: Fabric is a permissioned blockchain, meaning that it restricts network participation to authorized entities, which is ideal for enterprise use cases that require confidentiality and controlled access.

Enterprise-Grade Features: Fabric's architecture is well-suited for complex business processes, providing features like private data collections, which allow subsets of participants to create private channels for transactions.

Thus, B. FABRIC is the correct answer, as it is specifically developed to support modular, enterprise-grade blockchain solutions.



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