Question: SMART Case Study: ABC Inc. and Blockchain Technology Video Presentation - CLO 1 , 2 IntroductionTechnology has changed the way business is conducted today. Blockchain
SMART Case Study: ABC Inc. and Blockchain Technology Video Presentation CLO IntroductionTechnology has changed the way business is conducted today. Blockchain technology, artificial intelligence, virtual reality, and the internet of things, are all new technologies that create opportunities for established and new companies to grow. This case study will focus on the opportunity blockchain technology has provided for one startupBlockchain technology is a tamper resistant system of recording financial information in a way that is distributed, impossible to change, and has no centralized authority Yaga Mell, Roby & Scarfone, A blockchain is essentially a digital ledger of transactions that is duplicated and distributed across the entire network of computer systems and forms a foundation for cryptocurrency. Each block in the chain contains a number of transactions, and every time a new transaction occurs on the blockchain, a record of that transaction is added to every participants ledger. The decentralized database managed by multiple participants is known as Distributed Ledger Technology DLT Blockchain is a type of DLT in which transactions are recorded with an immutable cryptographic signature called a hash.Company BackgroundABC, Inc. is a new startup company that has utilized blockchain technology to build an automated platform that issues municipal bonds in microdenominations on behalf of municipalities and local governments; these microbonds can be sold directly to the communities in which these municipalities operate. The vision of ABC, Inc. is to democratize the process in which individuals invest in bonds, so they can collectively make a large impact on their communities. ABC, Inc. helps cities thrive by enabling passionate, connected citizens to contribute to positive change; in many cases, this includes citizens that otherwise would not be able to afford participation in the bond market. By enabling microdenominations of bonds to be sold, these investments become more readily available to the broader population.ABC, Inc. aims to use blockchain supported microbond investments to fund the revitalization of infrastructure, bring people together, and foster more collaborative relationships between cities and their residents. The company believes that cities will become more resilient by providing a broader group of residents with the opportunity to participate in the public financing of local projects.Problem StatementThe city of Detroit has expressed an interest in the service platform ABC Inc offers and would like to experiment with a small pilot project as a starting point. The small project focuses on the renovation of several local bridges. The city of Detroit will utilize the ABC Inc. platform to help fund the project, selling municipal microbonds to the residents of Detroit. In order to succeed in funding this project, the city of Detroit will rely on ABC Inc. to promote their platform to local residents and encourage their participation in funding the citys project.Case ActivityABC Inc. has hired your team for marketing expertise to promote their service to the citizens of Detroit. The ability to engage citizens in the process is critical to showing the city of Detroit that this platform can be leveraged in larger bond offerings. In order to demonstrate the benefit of the platform and the impact their investment can make on the community, ABC Inc. must successfully market and build trust in the community connecting to the future opportunities this partnership could bring to the children, society, and overall city of Detroit.Your presentation should:Present an analysis of the market and identify the Target AudiencePresent market research conducted to understand the characteristics and needs of the residents of Detroit.Present a segmentation strategy to identify the most viable target audience for ABC Inc.s microbond platformRecommend a positioning strategy for the platform based on the identified target audience and their needsPresent a marketing planPresent a comprehensive marketing plan that outlines the tactics and strategies your team would use to promote ABC Inc.s platform to the residents of DetroitIdentify the appropriate marketing channels eg social media, email marketing, local events and messages that will resonate with the target audience.Identify additional opportunities for ABC Inc. to leverage their platform to fund other projects in Detroit and recommend strategies for expanding their reach.When presenting your slide deck, be sure to provide a professional introduction to your presentation and wrap up the presentation with a few concluding professional remarks. After you have recorded your presentation, upload the link to GAP.
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