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Blockchain CBSP Exam - Topic 1 Question 119 Discussion

Actual exam question for Blockchain's CBSP exam
Question #: 119
Topic #: 1
[All CBSP Questions]

From a business perspective, which of me following is the major consideration regarding the use of smart contract technology?

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Suggested Answer: C

by Ronald at Oct 31, 2025, 11:37 PM

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Malcom
12 days ago
A) Public Accessibility is crucial too. It allows wider participation.
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Dong
17 days ago
I think D) Decentralization is key. It reduces single points of failure.
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Tabetha
22 days ago
Surprised this is even a question. Aren't all these factors important?
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An
27 days ago
I agree with A, but B) Hosting Requirements matter too!
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Rusty
1 month ago
C) Code as Law is a bit risky, though. What if the code has bugs?
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Jamal
1 month ago
I think D) Decentralization is key for trust.
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Lajuana
1 month ago
Definitely A) Public Accessibility. It's all about reaching users!
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Roslyn
2 months ago
Haha, I bet the exam writers are just trying to trip us up with these options. C is the obvious choice!
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Desmond
2 months ago
D) Decentralization is the way to go! Smart contracts eliminate the need for intermediaries.
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Asha
2 months ago
Hmm, I'm torn between B and C. Hosting requirements and legal issues are both important factors.
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Salena
2 months ago
I agree, C is the right answer. The "code as law" concept is a game-changer for businesses.
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Felicidad
2 months ago
I recall a practice question about smart contracts focusing on public accessibility, but I can't remember if that was the right answer or not.
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Emile
2 months ago
Decentralization seems crucial for smart contracts, but I wonder if hosting requirements might also play a significant role in their implementation.
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Avery
3 months ago
I feel like "Code as Law" arbitration could be a big deal, especially in legal contexts, but I might be mixing it up with another question we practiced.
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Dino
3 months ago
C) Code as Law" Arbitration is the major consideration. Smart contracts are self-executing, so the legal implications are crucial.
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Kiley
3 months ago
B) Hosting Requirements matter, but not as much as decentralization.
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Jessenia
3 months ago
I think I remember that public accessibility is important for transparency, but I'm not entirely sure if it's the major consideration.
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Chaya
4 months ago
Decentralization is an interesting angle. I wonder how that impacts things like regulatory compliance and auditability for businesses. I'll make sure to explore the business implications of that.
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Noel
4 months ago
I feel pretty confident about this one. The "code as law" aspect is the biggest business consideration in my opinion, since it changes the traditional legal framework. I'll focus on explaining that in my answer.
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Aleta
4 months ago
Hosting requirements could be a major consideration, especially for businesses that need to maintain control and security of their systems. I'll make sure to weigh the pros and cons of that option.
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Rueben
4 months ago
I'm a bit confused on the difference between public accessibility and decentralization. Aren't they kind of related when it comes to smart contracts? I'll need to think this through carefully.
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Flo
4 months ago
Hmm, this is a tricky one. I think the key is to really understand the implications of "code as law" arbitration and how that impacts the business use of smart contracts.
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Tiera
3 months ago
I agree, understanding arbitration is key for smart contract success.
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