Blockchain Essays (Examples)

Introduction

One of the most talked-about emerging technologies is the blockchain. Originally developed for Bitcoin, blockchain shows a tremendous amount of promise in terms of reducing certain types of friction, especially in business (Marr, 2018). Over the past couple of years, blockchain has been unpacked from cryptocurrency and a wealth of applications using the technology are in development. Many observers predict that blockchain technology will revolutionize a wide range of businesses (Marr, 2018).

What is Blockchain?

The heart of blockchain is the concept of the distributed ledger. The original idea behind Bitcoin was to develop a peer-to-peer currency, in the sense that a store of value and unit of exchange could be created without the intermediary of a central bank. The value of this currency would be determined by the forces of supply and demand, based strictly on its users, without the influence of interest rates and other monetary policy…

Cyber Security BlockChainCybercrime is one of the most leading types of crime these days as the use of the internet is inevitable, and so has cybersecurity gained a new significance. Cybercrime can cost the economy up to $500 billion every year (Daley, 2019). The current security system seems to be obsolete as new updates in the technology give rise to new types of methods through system breach can easily be conducted by the cybercrime offenders.The selected technology for protecting cyber systems is BlockChain, which has proved reliable and beneficial. It has a decentralized system in which the information is available in transparency to any user of the Black Chain (Daley, 2019). The software allows its users to record, transfer and see any transaction-based data encoded onto their BlockChain. This process creates trust as it provides the users with data integrity and confidence that they can easily use it without any…

Blockchain
A number of articles have discussed the potential use of blockchain technology outside of the financial realm. Within the financial realm, blockchain is used for cryptocurrencies. The technology is based using peer-to-peer networks to store ledgers of transactions. Proponents of the technology argue that it can be used for other transactions, and that business should be excited about exploring such potential uses (Church, 2017).
There are a couple of interesting things about the claims surrounding blockchain technology. The first is the claim that blockchain technology is incorruptible. The idea is that because each transaction is verified by multiple different parties, there are multiple records of the transaction, so it is difficult to dispute. Now, the problem that will occur is when one of the members of the blockchain doesn't agree – that there are different sets of data and they are in conflict with one another. Just because blockchain…

Introduction

Blockchain technology is an innovative addition to the financial market. What began as a brainchild by the people or person known as ‘Satoshi Nakamoto’, blockchain technology has evolved and become something far greater than most would have imagined. Blockchain technology allows for digital data to be distributed (not copied), allowing for it to become the foundation for a new kind of internet. Businesses have used the technology to implement the use of digital currency like Bitcoin and promote growth of blockchain companies. Some of these successful blockchain companies are: Aeternity, Bitfury, DFINITY, ContentKid, and Blockphase. These companies represent the future of blockchain technology and how far it will go.

Background: What is Block-Chain Technology?

A recent innovation within the financial world, the mastermind behind blockchain technology is ‘Satoshi Nakamoto’. He is the pseudonym for a person or a group of responsible for developing, authoring, making, and deploying bitcoin, bitcoin…

The finance world is finally abuzz with news of bitcoin and other cryptocurrency. What are cryptocurrencies, and what do potential investor need to know about them? This bitcoin essay offers a brief background of bitcoin and other cryptocurrencies, also referring to the blockchain software that underlies them. Then, this bitcoin essay explores what financial analysts say about the viability of bitcoin as an investment. Finally, this essay will how and why people purchase bitcoin, as well as how bitcoin can be used as both currency or as investment.

Because they are taking the financial world by storm, is important to learn about bitcoin and other cryptocurrencies. This bitcoin essay will explain bitcoin in simple terms anyone can understand. Ultimately, this essay will show that bitcoin is a risky but potentially lucrative investment. Although the numbers of “bitcoin billionaires” is low, there are a lot of ordinary people who have made…

Technology and etailIntroductionTechnology is playing a major role in shaping retail. E-commerce (thanks the Internet) has already revolutionized retail in a big way, with Amazon changing the manner in which people shop and in which goods are sold. As technology continues to advance, retail is going to change even more in the future. This paper will examine what the near term future holds in terms of how advancements in technology will shape retail in the coming 10-15 years. It will discuss, specifically, the way that robotics, green energy, drone delivery, and blockchain will alter the way in which retail exists and functions in terms of 1) customer service, 2) product delivery, 3) payments, and 4) energy consumption.oboticsChanging Customer Serviceobotics are the wave of the future: as OShea (2017) points out, more and more retailers will be developing and implementing robotics to help out with everything from the supply chain to…

The problem with tire recall is that there is no system in place (as of 2014) to track and monitor tires among retailers who might determine at a glance that a specific tire is part of a recall. As ABC News has shown, there is a real and serious need for system reform because of the invisible hazard that exists in terms of unsafe tires that have been recalled being sold to an unsuspecting public. Tire manufacturers have a responsibility to be part of that reform and to develop an adequate method of tracking where all tires are delivered and to whom they are sold so that in the case of a recall, those tires might effectively be removed from the public. Once a recall is issued, the tires should be located, by contacting retailers as well as consumers who purchased them, so that there are no “lost” tires. The…

In this dark net essay, we will investigate the dark net.  We will describe what it is, what it is not, and how to access in it.  The essay will contain information about how the dark web became a way to engage in criminal activity, including: buying and selling drugs; buying and selling weapons; buying and selling fake IDs; trafficking in counterfeit goods; and buying and selling credit card information, social security numbers, and other information necessary for identity theft.  The essay will delve into some of the history of the dark net, including the founding of Silk Road, and other services such as nucleus and alpha bay.  It will explore the relationship of the dark net to digital currency like bitcoin and blockchain.  Our example essay will not only explain the dark net, but also show you how to write the individual parts of an essay including the: introduction,…

In this dark net essay, we will investigate the dark net. We will describe what it is, what it is not, and how to access in it. The essay will contain information about how the dark web became a way to engage in criminal activity, including: buying and selling drugs; buying and selling weapons; buying and selling fake IDs; trafficking in counterfeit goods; and buying and selling credit card information, social security numbers, and other information necessary for identity theft. The essay will delve into some of the history of the dark net, including the founding of Silk Road, and other services such as nucleus and alpha bay. It will explore the relationship of the dark net to digital currency like bitcoin and blockchain. Our example essay will not only explain the dark net, but also show you how to write the individual parts of an essay including the: introduction,…

Wal-Mart's strategy is to be the low cost seller in the market, but how does a company sell at a lower price that the competition all the time? The answer lies in Wal-Mart's supply chain. While many rightfully point out that Wal-Mart's buying power is better anybody else's (Lu, 2014) , because it is the biggest retailer in the world, technology also plays a huge role in how Wal-Mart is able to sell at prices below all the other companies (Fishman, 2003).

Wal-Mart has long recognized that the only way to offer the lowest prices is by sourcing its goods at the lowest price. This does not necessarily mean buying power – Costco, Target, Amazon and others can more or less match Wal-Mart's buying power – but it means getting goods to the store shelves as cheaply as humanly possible. Purchasing is only one part of that, and Wal-Mart has…

This analysis shows that the financing need will be $ billion, and that the net income will account for $13.749 billion of that. Wal-Mart will then need to find additional financing of $3.257 billion in order to fund its operations for the coming year.Part II.The sustainable growth rate for Wal-Mart is the OE * (1-dividend payout ratio). The OE for Wal-Mart last year was $13643 / $80535 = 16.9%The dividend payout ratio, the dividend per share divided by the EPS, was $2.00 / $4.40 = 45.4%This means that the sustainable growth rate for Wal-Mart is 16.9 * (1-.454) = 9.2%Over the past two years, Wal-Mart did not experience sales growth. There was sales growth in 2017, but in 2016 the company's revenues fell. The 2017 rebound only got Wal-Mart back to where it was in 2015.What we see is that Wal-Mart's growth rate is well below its sustainable growth rate.…

FINTECH AND THE FINANCIAL INDUSTY FinTech and the Financial IndustryIntroductionCurrently, it is impossible to think of a world without the internet and mobile devices. These have become core elements in our lifestyle and they have brought with them a high degree of disruption in virtually every area of businesses, with no exception to the financial services sector. This digital revolution is transforming how customers access financial services and products. The financial sector might have experienced some degree of change in the past. However, this constant penetration of technology-driven applications in almost all segments of financial services is something new. The phenomenon that has been accelerating the pace of change and reshaping the financial industry is known as FinTech.What is FinTech?FinTech refers to the usage of technology across all financial services functions. For example, replacing paper-based processes with applications and software. In the past, FinTech was mostly used in the back-office…

Just short of completely sacrificing my social life, I have been obsessed with cryptocurrency for years and have surrounded myself with people and opportunities that have enabled this purpose-driven, optimistic vision quest. I have been both amateur and professional cryptocurrency analyst, almost as long as cryptocurrencies have existed. Starting in , I became the Treasurer of the MIT Bitcoin Club and strongly advocated awareness of crypto and blockchain technology among my peers.While pursuing my education, I have had the opportunity to work in a few crypto-related positions during my summers. Last year, I accepted a position as an analyst at Cryptocurrency Advisory in Cambridge, MA, a role that directly prepares me to contribute as an analyst at Consensys. At Cryptocurrency Advisory, I created an analytics model that ranked all cryptocurrencies on the basis of several different measures. I intend to build on this work in the future by developing proprietary…

SWOT Analysis: Its Uses for Wells Fargo
As noted by Giesen (et al., 2010), one of the most difficult things for any business to know is when and how to alter its core business model. Technology businesses such as IBM have been forced to do this, as the physical product lines on which they based their successes have become obsolete. The consequences of failing to innovate are dire, as seen when the physical video rental company Blockbuster failed to enter the digital age. One popular tool to use in reconfiguring a business model or simply improving a business is that of SWOT, or the strengths, weaknesses, opportunities and threats model.
SWOT is a method of analyzing both internal and external threats. Strengths and weaknesses are particular to the organization, while opportunities and threats refer to the external environment. SWOT can be useful to help a business understand what it does…