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Your Company Working for Is Now Considering the Blockchain

question 96

Multiple Choice

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?


Definitions:

51% Majority Vote

A decision-making process where more than half (51% or more) of the votes cast by members of a group are in agreement, thereby determining the outcome.

Lockup Agreement

A contract between a target corporation and a white knight, giving the knight an option to buy valuable property should a hostile bidder gain control of the target corporation.

Greenmail Option

A strategy where a company buys back its shares from a potential acquirer at a higher price to prevent a takeover.

Target Management

The practice of focusing organizational strategies and operations towards achieving predefined goals and objectives.

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