COIT20249 Assessment Details

Definition/s of blockchain technology and the most up to date developments in the field. This investigation must consider three to five different types of applications that use blockchain technology. You should investigate examples from various industries within Australia and other parts of the world. Especially investigate the current uses in the banking and finance industry but also include examples from two other industries as well – consider your likely corporate client range such as companies from the supermarket or hospitality industry (you can consider other examples as well). Your report should not just focus on generic technology but must identify actual examples of uses in the market.
Based on the findings from the previous section, propose three blockchain technology based applications your organisation can use to expand its e-commerce business in the next five years. As a part of this analysis, consider the potential advantages and disadvantages of the applications you have investigated in the previous section, and the various risks (positive and negative) with respect to the solution/s you propose. Then recommend the best three options from your investigation that will address the current problem of your organisation.
Additionally, explore the ethical, social and legal considerations that your organisation should consider as a part of the proposed solution. Discuss some proposals to address these concerns and make relevant recommendations.

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