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MIS 4038 Management Information Systems-DeutscheBank Blockchain Case Solution

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MIS 4038 Management Information Systems-DeutscheBank Blockchain Case SolutionWhat is blockchain technology, and how can it be used in organizations and industries to create value? - is a database te... chnology that creates an auditable distributed ledger of transactions recorded digitally among a broad network of users.2 When used with Bitcoin, the blockchain record can only be updated by consensus of the majority of the participants in a network, and once entered, entries cannot be erased. - new alternatives using cryptocurrency to help the millions of people in the world without bank accounts. - Less transaction time - blockchain is a write-once, append-many electronic ledger. - It would change day-to-day operations providing a higher degree of automation through the transfer of ownership onto digitally accessible and secure rails of all parties involved [Show More]

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