Reference no: EM132863137 , Length: word count:2500
CIS8504 Blockchain Fundamentals - University of Southern Queensland
ESSAY
Write an essay which demonstrates your understanding of attributes associated with Blockchains.
You are required to address ONLY 5 attributes from the list below. If your SURNAME starts with the letters:
A to G address attributes 1, 3, 5, 7, and 9
H to N address attributes 2, 4, 6, 8, and 10
O to U address attributes 1, 2, 4, 7, and 9
V to X address attributes 3, 5, 6, 8 and 10
1. Decentralization
2. Transparency
3. Immutability
4. Provenance
5. Consensus
6. Accessibility (e.g. private, permissioned, open)
7. Trust
8. Security (e.g. cryptography)
9. Efficiency (e.g. costs, processing time)
10. Privacy (e.g. anonymity, confidentiality)
For each attribute you must:
(a) Define the attribute in the context of blockchains, and explain in detail how this attribute is technically and practically achieved within blockchain's architectural design mechanisms, and
(b) Identify and critically discuss the challenges that this attribute poses (for example, technical limitations, implementation, adoption, regulatory requirements)
Attachment:- Blockchain Fundamentals.rar