Assignment Task 3: Critical Application Analysis

Assessment Task 3: Critical application analysis (40%)

Weight: 40%

Assignment due date: End of week 12

Length: 1500 words

Feedback mode: Canvas

Assessment Declaration:

I declare that in submitting all work for this assessment I have read, understood and agree to the content and expectations of the Assessment declaration (Links to an external site.) (Links to an external site.).

TASK

You are required to undertake a critical analysis of a blockchain industry white paper (see coinmarket cap). You are required to identify the economic problem being addressed in the white paper and then indicate whether the proposed business model provides a viable and profitable solution to that economic problem. Your answer must take the form of an executive summary and be no more than 1500 words

• Describe the product/service the White Paper is advocating
• Critically evaluate the economic problem
• Critically evaluate the proposed solution
• Speculate as to the viability/profitability of the business model
• Is the proposed solution a plausible solution to the identified economic problem?

Learning objectives assessed 

CLO’s: 1,2,3,4,5

CLO1: Explain blockchain technology fundamentals in an economic, social and commercial context.

CLO2: Analyse and evaluate the Blockchain Ecosystem, its origins, and its potential platforms for digital transformation.

CLO3: Evaluate the emerging cryptofinance ecosystem and its implications for the financial system.

CLO4: Analyse real world applications of blockchain technology in the context of current economic, social and political environments.

CL05: Appraise the ethical and social challenges and policy implications generated by widespread adoption of distributed ledger technologies.