Computer Science
University of The Cumberlands Blockchain Technology Article Literature Review

University of the Cumberlands

Question Description

I’m studying for my Computer Science class and don’t understand how to answer this. Can you help me study?

Refer to academic papers attached and write a paper which reviews the literature.

The paper should be approximately 12 pages (this does not include the title page, abstract, references, appendix), it should contain at about 6 citations and it should have following sections.

  1. Title page
  2. Abstract
  3. Sections in your paper should address:
    1. Introduction
    2. Background/Literature Review
    3. Relevant Theory Exploration
    4. Findings/Examples
    5. Lessons Learned
    6. Future Research
  4. References (non-annotated)
  5. Appendix:
    1. Any other tables, graphs, images pertinent to your discussion in item 3 above.

Expecting a draft in 10hours and final paper in 18hours. Expecting a word document. Paper should follow APA writing guideline.

Student has agreed that all tutoring, explanations, and answers provided by the tutor will be used to help in the learning process and in accordance with Studypool's honor code & terms of service.

Final Answer

Attached.

Running Head: BLOCKCHAIN TECHNOLOGY

Blockchain Technology
Student's name
Instructor
Institutional Affiliation
Date

BLOCKCHAIN TECHNOLOGY

2

Table of Contents
Abstract ................................................................................................................................................... 3
Introduction ............................................................................................................................................. 4
Background/Literature Review ............................................................................................................... 5
Relevant Theory Exploration .................................................................................................................. 8
Theory of Citizen Participation ........................................................................................................... 8
CIA Triad Model................................................................................................................................. 9
Technology Acceptance Model .......................................................................................................... 9
Findings/Examples................................................................................................................................ 10
Lessons Learned.................................................................................................................................... 12
Future Research .................................................................................................................................... 14
References ............................................................................................................................................. 16
Appendix ............................................................................................................................................... 17

BLOCKCHAIN TECHNOLOGY

3

Abstract
Blockchain technology refers to a decentralized transaction and data control
technology that is widely associated with Bitcoin. There is a renewed interest in blockchain
technology based on the capabilities of Bitcoin. The attributes of Blockchain technology,
namely anonymity, security, and data integrity, devoid of a third-party organization in charge
of the transactions, make Blockchain technology a critical area of study. Blockchain
technology is seen as a possible solution to the persistent issue of security threats and data
manipulation-in-transmission over computer networks and other online applications. While
blockchain technology offers significant benefits, it still has fundamental challenges that
depress its applicability. It emerged that blockchain technology supports a far smaller number
of transactions per second with Bitcoin allowing only seven transactions per second
compared to thousands by other conventional financial transactions systems. The other major
challenge of blockchain technology is the small size of a file that a user can download and the
latency in transactions, all of which degrade the attractiveness of blockchain technology.
Nevertheless, there exist opportunities that create room for enhancing the applicability of
blockchain technology that is well explained in the subsequent sections of this report.

BLOCKCHAIN TECHNOLOGY

4

Introduction
Monetary transactions between entities tend to be centralized and managed by a third
party organization. Making a currency transfer requires a bank as a middleman to complete
the transaction. Usually, a transaction attracts a fee from a credit firm or a bank. The same
transaction model applies in other sectors such as music, software, games, and many others.
Transaction systems are usually centralized with all the information and data held and
managed by a third party organization as opposed to the two principal entities participating in
the transaction (Yli-Huumo et al., 2016). It is against this backdrop that blockchain
technology was developed to address this problem. The purpose of blockchain technology is
to provide a decentralized environment where no third party controls and manages the
transactions and data.
Abeyratne and Monfared (2016) define Blockchain as a distributed database solution
that holds an incremental list of data records that are validated by the nodes participating in it.
The generated data is captured in a public ledger as well as the information of each
transaction ever completed. In this manner, the Blockchain refers to a decentralized solution
that does not need any third-party entity in the middle. The Blockchain operates by having
information on each transaction shared and accessible to all nodes. It is this property of
Blockchain that makes the system more transparent compared to the centralized transactions
that require a third party. Relatedly, this paper will provide a literature review of Blockchain
by examining technical areas of Blockchain, such as performance, security, privacy,
scalability, and data integrity. The rest of this paper will give relevant theories, findings,
lessons learned, and future research.
Blockchain technology is continually getting into the nerves of many companies and
it is becoming a must have technology that acts as a future proofing strategy for many
companies. It is a form of strategic planning for organizations due to its potentials of
changing the game within an organizational context. The technology has the potential to

BLOCKCHAIN TECHNOLOGY

become a game changer for organizations where security is critical and comes at a premium.
The world’s top organizations including IBM, Goldman, and Google are continually
recognizing Blockchain technology as an important differentiating factor when it comes to
strategy and planning and in the creation of co...

RyanTopTutor (23820)
Carnegie Mellon University

Anonymous
The tutor managed to follow the requirements for my assignment and helped me understand the concepts on it.

Anonymous
The tutor was knowledgeable, will be using the service again.

Anonymous
Awesome quality of the tutor. They were helpful and accommodating given my needs.

Studypool
4.7
Trustpilot
4.5
Sitejabber
4.4
Similar Questions
Related Tags