Problem solving - networked application management

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Reference no: EM132363194

Cryptocurrency giants- Bitcoin and Ripple

Purpose of the assessment (with ULO Mapping) The purpose of this assignment is to develop skills of analysing critically, and problem solving in regard to Networked Application Management (NAM). Students will be able to complete the following ULOs:

b. Perform a literature review on modern network applications and management;
c. Analyse common and emerging types of middleware to design and manage networked applications;

Assignment Description

A report containing a complete discussion and analysis of the given topic in the required context needs to be submitted on Moodle. The report must have following parts:

Part 1: Bitcoin & Ripple

The students explore Bitcoin & Ripple by reviewing the literature on the internet as papers, book chapters, independent scholarly reports of experts, and research based videos. Students participating in the PBL are taught how to do the critical thinking for review of literature. At least three articles related to the technology supporting Ripple need to be analysed in depth by discussing the overall contribution, scope and limitations of each research work. Following aspects related to Ripple must be discussed:
• Architecture
• Features
• Challenges

Part 2: Applications of Bitcoin

Students need to discuss at least 2 applications in EACH of the following domains supported by Bitcoin:
• As a platform
• As a system of record

Part 3: Compare Bitcoin and Ripple

Bitcoin and Ripple are the two biggest giants of the cryptocurrency world. Bitcoin (BTC) was the first coin and Ripple (XRP) came in a few years earlier. Discuss in detail similarities and differences between the two.

Verified Expert

The assignment focuses on the popularity and use of Crypto currencies Bitcoin and Ripple in the network management application.The report also aims at developing a brief idea about the various architectural, features and challenges of Ripple in the network application and the ways Bitcoin is used as a platform and as a system record for developing a network management application.Further a brief discussion has been done upon the similarities and difference that exists between the two most giant crypto currencies that is Bit coin and Ripple.

Reference no: EM132363194

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Reviews

len2363194

8/29/2019 9:48:38 PM

Reference style Follow IEEE Transactions on Networking reference style, in text citation and complete reference list. 4 Total 50 Grade Mark HD 40-50 Excellent Introduction /3 All salient features contributing to the popularity of Ethereum & Bitcoin are discussed and ability to think critically is demonstrated Part 1 /20 Demonstrated excellent ability to analyse critically and sourced reference material Part 2 /15 Findings are clearly linked and well justified. Scope and limitations are provided exceptionally well Part 3 /5 All socio-technical aspects are discussed exceptionally well Conclusion /3 Logic is clear and easy to follow with strong arguments Reference style /4 Clear styles with excellent source of references.

len2363194

8/29/2019 9:48:06 PM

Part 1 Discussion of following aspects related to Ripple: • Architecture • Features • Challenges 8+ 6+ 6 =20 Part 2 Analyse and discuss at least 2 applications in EACH of the following domain supported by Bitcoin : • As a platform • As a system of record There has to be at least 2-3 references for each application. 7.5 * 2 =15 Part 3 Differences and Similarities between Ripple & Bitcoin are to be discussed and analysed 5 Conclusion Draw a conclusion of the report with complete summary of all sections 3

len2363194

8/29/2019 9:46:14 PM

Submission Guidelines • All work must be submitted on Moodle by the due date along with a title Page. • The assignment must be in MS Word format, 1.5 spacing, 11-pt Calibri (Body) font and 2.54 cm margins on all four sides of your page with appropriate section headings. • Reference sources must be cited in the text of the report, and listed appropriately at the end in a reference list using IEEE referencing style. Marking Criteria Section to be included in the report Description of the section Marks Introduction Introduction of Bitcoin and Ripple in terms of use and popularity. Also the structure of the assignment should be discussed. 3 Part 1 Discussion of following aspects related to Ripple: • Architecture • Features • Challenges 8+ 6+ 6 =20

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