Question: Your task is simple and exploratory: come up with a max. 1500 words write up that covers following: 1. Summarize your understanding of Block Chain

Your task is simple and exploratory: come up with a max. 1500 words write up that covers following:

1. Summarize your understanding of Block Chain Technology in ONE SINGLE SENTENCE OF YOUR OWN (I repeat, one single sentence and not copied from anywhere). Brevity of words to comprehensively define the concept is the winning trick here.

2. List down all components of any Block Chain Implementation. This may include any conceptual entities, software platforms and hardware arrangements. Explore the net!

3. In two separate short passages, write down two separate scenarios of using Block Chain Technology to achieve competitive advantage in a SUPPLY CHAIN or innovate for productivity gains in Logistics Management in any Supply Chain. Choice is yours and sky is the limit to think!

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