Description
Identification and Significance of the Problem according to the abstract that attached
not more than 1 page
please follow all the steps
read the files please for more information
Unformatted Attachment Preview
Abstract
Bitcoin is the first decentralized digital currency. It was invented in 2008 by Satoshi
Nakamoto. With Bitcoin peer to peer transactions are able to take place without an intermediary.
Post release of Bitcoin many other cryptocurrencies began to surface. These coins are called
Altcoins. Altcoins is a term for a cryptocurrency that is not Bitcoin. Initial Coin Offerings (ICO)
are similar to online crowdfunding and IPO but for cryptocurrency. The advantages of ICO’s are
receiving the coins at a cheaper value and discounted rate. After the ICO period, the coins are
listed on exchanges for a higher price giving investors guaranteed profit. These coins are able to
operate through the use of Blockchain. A Blockchain is a public ledger that records these
transactions.
There are various types of wallets used for cryptocurrency. Paper wallets are cold storage
wallets with the cryptocurrency stores on the QR code. Software wallets are downloadable
wallets. Hardware wallets are physical devices used to store cryptocurrency. These hardware
wallets store your private keys in microcontrollers with no internet connection which reduce the
chances of theft. Hardware wallets are the most secure form of cryptocurrency storage. There are
actually no incidents of theft from hacking hardware wallets.
The goal of this project is to build a secure hardware wallet that can hold a number of
cryptocurrency. In addition to creating a wallet interface that corresponds to iPhone’s iOS system
instead of computers. The facial recognition feature will be used to access the wallet as well as
access to the live exchange.
Identification &
Significance of the
Problem
EEGR 490 – Senior Design Project I
Purpose
¡ The purpose of this section of the project
proposal is to:
¡ Introduce the reader to the importance of the
topic being studied. Here the reader is oriented
to the significance of the study and the
research questions to follow.
¡ Place the problem into a particular context
that defines the parameters of what is to be
investigated.
¡ Provide the framework for reporting the results
and indicate what is probably necessary to
conduct the study and explain how the
findings will present this information.
First we must state the problem…
¡ Here the ultimate goal is to:
¡ Clearly identify the purpose of the
research
¡ Focus on a targeted problem which
can be resolved using specific
research methods
¡ Direct the reader’s attention to the
issues that will be addressed with the
proposed research
To make sure the problem
statement is effective, we
must make sure that it:
¡ Addresses a compelling topic
¡ Must be important to you and to a larger
community
¡ Must be one that motivates you to address it
¡ Supports multiple perspectives
¡ Generates a variety of viewpoints from an
audience made up of reasonable people.
¡ Addresses a problem that is supported
by various resources of information and
pertinent research
Surviving “SO WHAT”
Your research must answer the ”SO WHAT?"
question.
¡ Why should the audience care about the
problem that you are proposing to solve?
¡ The problem must be relevant and
relatable.
¡ The research must clearly demonstrate
that it is not trivial by conveying its
importance, benefits and justification.
¡ You must show that you have researched
the material and thought about its
significance by identifying key concepts
and terms.
Things to Avoid
¡ Beware of circular reasoning. Don’t state that the
research problem as simply the absence of the thing
you are suggesting. For example, if you propose, "The
problem in this community is that it has no hospital.”
¡ This only leads to a research problem where:
¡ The need is for a hospital
¡ The objective is to create a hospital
¡ The method is to plan for building a hospital, and
¡ The evaluation is to measure if there is a hospital or not.
¡ This is an example of a research problem that fails the
"so what?" test. It does not reveal the relevance of why
you are investigating the problem of having no
hospital in the community. Also, the research problem
does not explain the significance of why one should
study the fact that no hospital exists in the community
[i.e. the hospital in the community is ten miles away
and has no emergency room].
The Identification &
Significance of the Problem
section:
¡ Should not be longer than one single spaced
typed page
¡ Should not state how to do something
¡ Should not offer a vague opinion
¡ Should address a research gap/gap in
knowledge
Questions
References
¡ https://library.sacredheart.edu/c.php?
g=29803&p=185918
¡ https://www.mtmercy.edu/sites/default/files/
uploads/giving/Problem-Statement.pdf
Purchase answer to see full attachment
Purchase answer to see full attachment
User generated content is uploaded by users for the purposes of learning and should be used following Studypool's honor code & terms of service.
Explanation & Answer
Attached.
Running head: SENIOR DESIGN PROJECT
1
Senior design project
Name
Institutional affiliation
Date
SENIOR DESIGN PROJECT
2
Introduction
Cryptocurrency is a virtual currency that uses cryptography to overcome counterfeit as a
security feature. It is a medium of exchange where financial transactions and their verifications
are done at a decentralized system. Blockchain technology uses computers to authorize and
monitor the transactions while mak...
Review
Review
Anonymous
I was struggling with this subject, and this helped me a ton!
Studypool
4.7
Trustpilot
4.5
Sitejabber
4.4
Similar Content
R Question
I have a R code quiz later today at 12pm California Time. There is 10 questions in the time frame of 45 mins. I can send o...
excel homework problem check if answers are right
...
Advanced Health and Physical Assessment
Describe twitter in details, in this case try to explore its advantages as well as is disadvantages along with how it work...
SEU Integers JAVA Code Paper
College of Computing and Informatics
Assignment 2
Deadline: Day 5/12/2021 @ 23:59
[Total Mark for this Assignment is 5]
S...
matlab problem by using ode45
(2) The dynamics of a biochemical reaction occurring
in two stages: c1 c2 c3 is described by the
following first-order k...
Create a Program with Dynamic Memory Allocation Lab Report
Create a program that reads in flight data from a raw CSV file. Your program should determine how many entries are in the ...
Europe(Continental)