Blockchain Design and Implementation Training Quiz

Blockchain platforms can only be permissioned and not public.

The BLISS Project Output O3 focuses on training and assessment material for blockchain design and implementation.

The Learning Unit U2 Blockchain platform has a total of 24 hours.

The Learning Outcome K3 includes evaluating the feasibility of implementing decentralized blockchain applications within suitable blockchain platforms.

The Learning Outcome K4 includes planning and designing the specifications of a decentralized blockchain application for a given scenario.

The revised contributors of U2: Blockchain platform are Catarina Ferreira Da Silva and Parisa Ghodous from UCBL, France.

Part 1 of the table of contents covers smart contracts, Ethereum platform, and Hyperledger platform.

The smart contract lifecycle and interacting with smart contracts are covered in Part 2 of the table of contents.

Tokenization and examples of tokens are part of the discussion in Part 1 of the table of contents.

Hyperledger platform is not mentioned in the text.

Smart contracts are immutable, meaning their terms will not change even if a bug is introduced.

Smart contracts are authority-less autonomous programs that control numeric securities based on mutually agreed terms.

Smart contracts can be executed on the Ethereum Virtual Machine (EVM).

Smart contracts have an owner and a life cycle.

Smart contracts are self-executable and do not require an external call to be executed.

Hyperledger Fabric Network architecture includes setting up a network and a new ledger.

Tokenization is a part of the Hyperledger Fabric Network architecture.

Initial Coin Offering (ICO) is an example of a smart contract use case.

Smart contract cost and fee schedule is a limitation of smart contracts.

Smart contracts can restrict actions, such as for acquisition schedule, where an individual owns actions but cannot dispose of them before a given date.