Questions 2 Discuss the practical uses of blockchain technology in Nestl's supply chain management. Provide examples...
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Questions 2 Discuss the practical uses of blockchain technology in Nestl's supply chain management. Provide examples to support your answer. (40marks) Question requirement: Explain with examples, what areas could Nestl use blockchain technology to support its supply chain. For example: information sharing, traceability, data security, digital transformation etc. Data is a key element of blockchain ecosystem development and asking what question(s)? A. Who will run the node? O B. What data do you share? What data do you want in return? What metadata is needed? How do you analyze what data? C. What are the cryptocurrency conversions into Bitcoin? OD. What are the encryption technologies used? Questions 2 Discuss the practical uses of blockchain technology in Nestl's supply chain management. Provide examples to support your answer. (40marks) Question requirement: Explain with examples, what areas could Nestl use blockchain technology to support its supply chain. For example: information sharing, traceability, data security, digital transformation etc. Data is a key element of blockchain ecosystem development and asking what question(s)? A. Who will run the node? O B. What data do you share? What data do you want in return? What metadata is needed? How do you analyze what data? C. What are the cryptocurrency conversions into Bitcoin? OD. What are the encryption technologies used?
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