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What are the key characteristics of blockchain

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Reference no: EM131712974

The Bitcoin Blockchain: The Magic and the Myths ,Analyst(s): Ray Valdes, David Furlonger, Fabio Chesini

Team Paper

Read the articles The Bitcoin Blockchain: The Magic and the Myths on Isidore.

First, briefly summarize the concept of blockchain in general and then describe Bitcoin and its relationship to Blockchain.

What are the key characteristics of blockchain that distinguish it from traditional ledgers?

What challenges has Bitcoin faced and what do you believe the future holds for Bitcoin?

Next, research an additional current or potential future use of blockchain technology (i.e., other than those examples presented in the article).

Describe the scenario, the opportunities that could be exploited from successful implementation, and the potential challenges that could arise as the example you choose continues to evolve.

Ensure that your paper is a maximum of three single spaced pages. As appropriate, you may need to rely on additional research from the web or other sources.

Attachment:- The Bitcoin Blockchain.rar

Reference no: EM131712974

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