Cryptoasset Anti-Financial Crime Specialist (CCAS) Certification Practice Test

What kind of information can be derived from a blockchain explorer?

1. Details on cryptocurrency mining procedures

2. The transaction timeline and address linkages

3. Customer credit scores based on transactions

4. Regulatory compliance documentation

The correct answer is: The transaction timeline and address linkages

A blockchain explorer is a tool that allows users to view all transactions recorded on a blockchain. Selecting the ability to derive the transaction timeline and address linkages from a blockchain explorer is particularly relevant because it provides comprehensive insights into the flow of assets over time and illustrates how various addresses are connected through their transactions. This capability is critical for anti-financial crime specialists as it enables them to trace the movement of funds, monitor suspicious activities, identify patterns that suggest illicit transactions, and understand the relationship between different wallets. By analyzing address linkages, specialists can potentially uncover the origin of funds and detect money laundering activities. The other options, while they may seem relevant in different contexts, do not align with the functionalities provided by a blockchain explorer. Cryptocurrency mining procedures generally encompass technical aspects of blockchain operations rather than transactional data. Customer credit scores typically relate to financial institutions and are based on various metrics of creditworthiness, which do not apply within the purview of blockchain transactions. Lastly, regulatory compliance documentation is a separate aspect of cryptocurrency operations that involves adherence to legal frameworks and would not be found directly through a blockchain explorer.