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Question

The aim of this assessment task is to investigate a specific Blockchain solution and case

study to understand how blockchain technology has been developed and how it can

facilitate daily activities of businesses.

Instructions

Your tutor will select a blockchain system for you during your tutorial in week 4 or before

that.

Research the blockchain solution selected for you to answer the specific questions

outlined below:

a) Briefly explain the context of the business or industry in which blockchain

has been used.

b)

c)

Explain the business problem that the blockchain solution is solving.

How does the blockchain solution (application) work? Identify the

components of blockchain you learned in week 2 in this use case.

What are the benefits of using the specific blockchain solution (for the

industry and the organisation)?

d)

e) What are the limitations of using the specific blockchain solution (including

legal and ethical limitations)?

f)

Optional section (not included in the word count): If you have used AI (e.g.

ChatGPT) to write your report, explain for which purposes and in which

capacity you have used AI.

You may use a variety of resources including (but not limited to) business websites,

library databases, videos, and white papers to research about this use case.

Report Requirements

1. Write a report that addresses the areas outlined above. The report should not

exceed 1,500 words. This excludes the reference list, title page, table of contents and

appendices - if applicable. The report should be prepared in a word processing

software such as Microsoft Word. The report should have appropriate headings and

subheadings (including a cover page, an executive summary, an introduction and

conclusion).

Fig: 1