Practice · BCS EXIN Essentials Certificate in Blockchain

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bcs-bcs-exin-essentials-certificate-in-blockchain_d1_88790fe14f17 domain/d1 · medium single

A financial regulator is contrasting two forms of DLT network before deciding whether a firm's deployment fits its regulatory regime. Based on the FCA-referenced distinction, which statement correctly describes a permissionless network?

A It features a gatekeeper who controls who can access the network
B It allows general public visibility of transactions online and is open for broad participation
C It restricts transaction visibility to a single central authority
D It can only be used for regulated financial instruments

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