Imagine that you are a compliance manager in a financial institution. Your company wants to use blockchain
Question:
Imagine that you are a compliance manager in a financial institution. Your company wants to use blockchain for three purposes 1. As a mechanism for secure digital transactions and smart contracts 2. As a way of managing digital identities 3. To offer clients the chance to invest in cryptocurrencies
Briefly explain the applications that we are focussing on here (1,2 & 3 above, i.e. secure digital transactions and smart contracts, digital IDs and investment in cryptocurrencies. In 200 words
Assess possible ethical and privacy implications of the applications in blockchain at the financial institution at which you are imagining that you work. The impact could be on staff and/or customers. In 400 words
College Physics
ISBN: 978-0495113690
7th Edition
Authors: Raymond A. Serway, Jerry S. Faughn, Chris Vuille, Charles A. Bennett