Research the blockchain solution for the company “Unstoppable Domain” to answer the specific questions outlined below:

a) Briefly explain the context of the business or industry in which blockchain has been used.

b) Explain the business problem that the blockchain solution is solving.

c) How does the blockchain solution (application) work? Identify the components of blockchain you learned in week 2 in this use case.

d) What are the benefits of using the specific blockchain solution (for the industry and the organisation)? 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.

Answer rating: 100% (QA)

a Blockchain technology has been utilized in various industries but one prominent context is within finance and cryptocurrencies Blockchain serves as the underlying technology for cryptocurrencies lik... View the full answer