Question: Q15. Blockchain technology an innovative platform? If so, explain which type of innovation category it belongs to and why? (Hint: look at 4 classifications and

Q15. Blockchain technology an innovative platform? If so, explain which type of innovation category it belongs to and why? (Hint: look at 4 classifications and select one, i.e. incremental, architectural, disruptive, or radical)
Q16. Assume you are in-charge of a local county and your task is to use a Blockchain to store the data and also to verify transactions of the people living in the county as well as of those businesses and other government entities within the county's jurisdiction
a. Use Bitfury as an example, which type of Blockchain would you uses? (Hint: Public, Private, or Permissioned ) and why?
b.Use an example to demonstrate the functioning of that Blockchain(Hint: the platform (Bitcoin Ethereum.... and why? and validation process (who will be the nodeswhich type of DAPP...).  Q15. Blockchain technology an innovative platform? If so, explain which type

Question 5 (15 points) Is Blockehain technology an innovative platform? If so, explain which type of innovation category it belonge to and why? (Hint: look at 4 classifieations and select one, i.e. incremental, architectural, disruptive, or radical) Question 6(20 points) Assume you are in-charge of a local county and your task is to use a Blockchain to store the data and also to verify transactions of the people living in the county as well as of those businesses and other government entities within the county's jurisdiction. a. Use Bitfury as an example, which type of Blockchain would you uses? (Hint: Public, Private, or Permissioned) and why? b. Use an example to demonstrate the functioning of that Blockchain. (Hint: the platform (Bitcoin, Ethereum.... and why? and validation process (who will be the nodes, which tyne of DAPP...)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!