Question 295:
A big trading company requires various organizations such as importers, exporters, banks, shipping companies, and customs departments to work with one another. The trade-related paperwork needs to go back and forth between the stakeholders, taking 5-10 days to complete, which is very time-consuming. The company is considering creating a blockchain network where all parties can transact and process trade-related paperwork electronically without the need for a central trusted authority.
Answer options:
A.Amazon Managed Blockchain can easily scale the blockchain network as the usage of applications on the network grow over time. B.Amazon Managed Blockchain eliminates the need for manually provisioning hardware, configuring software, and setting up networking and security components. C.Amazon Managed Blockchain charges an upfront fee and requires a commitment for a 12 months usage. D.Popular blockchain frameworks, including Hyperledger Fabric, Ethereum, and R3 Corda, are supported in most regions. E.Once a new member is added, Managed Blockchain lets that member launch and configure multiple blockchain peer nodes.
