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NEW QUESTION: 1
Your company working for is now considering the blockchain. They would like to perform a POC with R3 Corda. The CIO was reading about different blockchain consensus algos and would like to understand what type of consensus algos is used with Corda.
What is the best answer?
A. R3 Corda is a proof of stake based blockchain
B. R3 Corda is a pluggable blockchain and allows the enterprise flexibility
C. R3 Corda is a byzantine fault tolerant blokchain
D. R3 Corda is a proof of work based blockchain
Answer: B
Explanation:
Explanation
Corda does not share the same requirements as Bitcoin: we require absolute certainty over transaction finality and we need to know who our counterparts are. So we had the freedom - and took this opportunity - to solve the consensus problem in a different way. In particular, Corda solves the privacy issue in a number of manners, primarily by allowing for separation of consensus into a service which we call the Notary Cluster.
Corda was designed for business from the start. It has no cryptocurrency built into the platform and does not require mining-style consensus, which imposes great cost with little business benefit.
NEW QUESTION: 2
How would you create an association in OTM if you want to associate a Match Rule to a specific Service Provider (carrier)?
A. Create the Rule, then assign the Service Provider to the Rule.
B. Create the Rule, then assign the Rule to the Service Provider.
C. Create the Rule, assign the Rule to an appropriate Rule Profile, then assign the Service Provider to the Rule Profile.
D. Create the Rule, assign the Rule to an appropriate Rule Profile, then assign the Rule Profile to the Service Provider.
Answer: C
NEW QUESTION: 3
The discretionary powers over a clients' accounts differ between broker-dealers and investment advisers
in that
A. An investment adviser can execute a discretionary transaction for a client upon receiving only verbal
authority initially, followed up by written authority to be received within 10 days of the order, whereas a
broker-dealer must require that written authority for the transaction is in the mail before proceeding with
the transaction.
B. An investment adviser can execute a discretionary transaction for a client upon receiving only verbal
authority initially, followed up by written authority to be received within 10 days of the order, whereas a
broker-dealer must require that written authority for the transaction is provided before the transaction
even takes place.
C. A broker-dealer can execute a discretionary transaction for a client upon receiving only verbal authority
initially, followed up by written authority to be received within 10 days of the order, whereas an investment
adviser must require that written authority for the transaction is provided before the transaction even takes
place.
D. A broker-dealer can execute a discretionary transaction for a client upon receiving only verbal authority
initially, followed up by written authority to be received within 10 days of the order, whereas an investment
adviser must require that written authority for the transaction is in the mail before proceeding with the
transaction.
Answer: B
Explanation:
The discretionary powers of a broker-dealer and an investment banker differ in that an
investment adviser is allowed to execute a discretionary transaction for a client upon receiving verbal
authority only, as along as it is followed up with a written authorization within 10 days, whereas a
broker-dealer is prohibited from executing a discretionary transaction unless it has already received
written authority for that transaction.
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