Business Finance
LOG 305 Singapore University Blockchain Technology at IBM Paper

LOG 305

Singapore University of Social Sciences

LOG

Question Description

Need help with my Computer Science question - I’m studying for my class.

Hi there, this assignment is worth 18% of my grades.
Only need to complete Q2 for this assignment

The requirements for this assignment:

1. It is to be submitted before the due date which is on the 27th March 2020, Friday Singapore Time Zone.
Due to the many experience with other tutors who do not meet this requirement I had to put this clause in.

2. It is required that the assignment has a lot of research to be done.

3. Citation are APA Style.

4. The English language is British English.

5. Please use the course material provided as much as possible. (Study Guide)

6. Quick response from the tutor is much needed.

7. To follow the instructions in the assignment too. Word count is 500 words only.

Please bid this assignment if you are up to the task of Singapore Standard, as I have a few disappointed experience of only getting 60 marks. I am looking for a 75-80 marks tutor's work.

The datelines are to be met and if failure to do so, will be requested to cancel. Datelines are in Singapore Time Zone.

Thank you for your kind understanding. I hope to work well with you.

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LOG305 International Trade Law Tutor-Marked Assignment January 2020 Presentation LOG305 Tutor-Marked Assignment TUTOR-MARKED ASSIGNMENT (TMA) This assignment is worth 18% of the final mark for LOG305 International Trade Law. The cut-off date for this assignment is 31 March 2020, 2355hrs. Note to Students: You are to include the following particulars in your submission: Course Code, Title of the TMA, SUSS PI No., Your Name, and Submission Date. Grading of TMA Submissions Marks awarded to your assignment are based on the following guidelines: 1. 80% of the marks are allocated to the content of your answers:  The marks awarded to what your answers cover depend on the extent to which they cover the key points that correctly and comprehensively address each question.  2. The key points should be supported by evidence drawn from course materials and, wherever relevant, from other credible sources. 20% of the marks are allocated to the presentation of your answers: Wherever applicable, the marks awarded to how your answers are presented depend on the extent to which your answers:  form a sound reasoning by developing those key points in a clear, logical and succinct manner;  provide proper and adequate in-text citations and referencing to content drawn from course materials and other credible sources;  strictly follow APA formatting and style guidelines, in particular for: o in-text citations and end-of-report references; o the identification of figures and tables;  [You can find a short tutorial on the APA formatting and style guidelines here: https://apastyle.apa.org/6th-edition-resources/basics-tutorial. Additional details (pertaining to tables and figures) can be found here: https://is.gd/O4vDdT.] use, wherever relevant, the specialised vocabulary and terminology commonly used in discussions about the topic(s) covered by each question;  provide a reference or bibliography at the end of the main report;  include the less relevant details in an Appendix;  use sentence constructions that are grammatically and syntactically correct; SINGAPORE UNIVERSITY OF SOCIAL SCIENCES (SUSS) Page 2 of 4 LOG305 Tutor-Marked Assignment  are free from spelling mistakes; present the workings, numerical formulations and results in a logical manner that follows the APA formatting and style guidelines;  design and present graphs, diagrams and plots that follow the APA formatting and style guidelines;  are highly original;  have proper formatting, which may: o include a properly formatted cover page; o respect the answer length/word count set out in the assignment guidelines, if any is prescribed; o present answers in paragraphs with proper spacing and page margins; o include page numbers and appendices, if necessary SINGAPORE UNIVERSITY OF SOCIAL SCIENCES (SUSS) Page 3 of 4 LOG305 Tutor-Marked Assignment Note to Students: An ability to conduct proper research, provide the appropriate referencing of sources and demonstrate critical thinking are all essential skills that our students must develop. Hence, marks are awarded for good research effort, proper referencing and use of real-life examples to support the analysis. Lower marks will be awarded to students who merely extract information from their reference sources without demonstration of critical analysis. There are two (2) mandatory Questions. You must answer both Questions 1 and 2. Total word count should preferably not exceed 500 words per question. Question 1 International trade is often described simply as the buying and selling of goods and services across national borders. Nonetheless, there are numerous legal and other complexities involved in international trade, although the benefits of political, economic, socio-cultural and other benefits have often been espoused. (a) Demonstrate one (1) key legal issue that may arise from international trade. Show how international organisations such as United Nations Commission on International Trade (UNCITRAL) have sought to seek to address this issue. In your analysis, you should provide supporting reasons, data and real-life examples and cite international conventions (and their provisions), where relevant. (25 marks) (b) Discuss one (1) of the challenges faced by UNCITRAL in their endeavours to address the key issue which you have identified in sub-Question (a) above. Using the United Nations Convention on Contracts for the International Sale of Goods (CISG) as an example, explain whether UNCITRAL have been successful in addressing such challenge. In your analysis, you should provide supporting reasons, data and real-life examples, where relevant, to support your views. (25 marks) Question 2 International law regarding this area has continued to evolve to adapt to the use of technology, including electronic communications, in international trade. Based on recent research, blockchain technology demonstrates significant potential in enhancing the efficiencies of international trade. In addition, the use of such technology for smart contracts is amongst one of the key applications be rolled out within different industries. Nonetheless, there are questions regarding the validity and formation of such contracts in the context of international sale of goods. Select a real-life organisation which has leveraged on blockchain technology in its international trade activities. Briefly describe the organisation’s business and explain how it uses blockchain technology to improve the efficiency and effectiveness of its international trade activities. Examine one (1) legal challenge which it may face in its use of blockchain technology. (50 marks) ---- END OF ASSIGNMENT ---- SINGAPORE UNIVERSITY OF SOCIAL SCIENCES (SUSS) Page 4 of 4 Course Development Team Head of Programme : Assoc Prof Tan Yan Weng Course Developer(s) : Ng Chia Hui Technical Writer : Jolene Tan, ETP Video Production : Samuel Goh, ETP © 2020 Singapore University of Social Sciences. All rights reserved. No part of this material may be reproduced in any form or by any means without permission in writing from the Educational Technology & Production, Singapore University of Social Sciences. ISBN 978-981-4697-90-3 Educational Technology & Production Singapore University of Social Sciences 463 Clementi Road Singapore 599494 How to cite this Study Guide (APA): Ng, C. H. (2020). LOG305 International Trade Law (study guide). Singapore: Singapore University of Social Sciences. Release V2.0 Build S1.0.5, T1.5.21 Table of Contents Table of Contents Course Guide 1. Welcome.................................................................................................................. CG-2 2. Course Description and Aims............................................................................ CG-3 3. Learning Outcomes.............................................................................................. CG-6 4. Learning Material................................................................................................. CG-7 5. Assessment Overview.......................................................................................... CG-8 6. Course Schedule.................................................................................................. CG-11 7. Learning Mode.................................................................................................... CG-12 Study Unit 1: Role of Law in International Trade Transactions Learning Outcomes................................................................................................. SU1-2 Overview................................................................................................................... SU1-3 Chapter 1: International Sale and Purchase of Goods....................................... SU1-5 Chapter 2: Trade Terms......................................................................................... SU1-12 Summary................................................................................................................. SU1-25 Formative Assessment.......................................................................................... SU1-26 References............................................................................................................... SU1-37 Study Unit 2: Electronic Transactions and Digital Innovations Learning Outcomes................................................................................................. SU2-2 Overview................................................................................................................... SU2-3 i Table of Contents Chapter 3: Legal Issues in Electronic Transactions............................................. SU2-4 Chapter 4: Digital Innovations in International Trade..................................... SU2-18 Summary................................................................................................................. SU2-29 Formative Assessment.......................................................................................... SU2-30 References............................................................................................................... SU2-41 Study Unit 3: Transport of Goods by Sea Learning Outcomes................................................................................................. SU3-2 Overview................................................................................................................... SU3-3 Chapter 5: Bill of Lading........................................................................................ SU3-4 Chapter 6: International Carriage of Goods by Sea.......................................... SU3-15 Summary................................................................................................................. SU3-36 Formative Assessment.......................................................................................... SU3-37 References............................................................................................................... SU3-47 Study Unit 4: Transport of Goods by Air and Multimodal Transport Learning Outcomes................................................................................................. SU4-2 Overview................................................................................................................... SU4-3 Chapter 7: Transport of Goods by Air.................................................................. SU4-5 Chapter 8: Multimodal Transport....................................................................... SU4-21 Summary................................................................................................................. SU4-32 Formative Assessment.......................................................................................... SU4-33 References............................................................................................................... SU4-43 ii Table of Contents Study Unit 5: Marine Insurance and Letters of Credit Learning Outcomes................................................................................................. SU5-2 Overview................................................................................................................... SU5-3 Chapter 9: Marine Insurance.................................................................................. SU5-5 Chapter 10: Letters of Credit................................................................................ SU5-28 Summary................................................................................................................. SU5-46 Formative Assessment.......................................................................................... SU5-47 References............................................................................................................... SU5-62 Study Unit 6: Legal Systems and Dispute Resolution Methods Learning Outcomes................................................................................................. SU6-2 Overview................................................................................................................... SU6-3 Chapter 11: Legal Systems and Choice of Law................................................... SU6-4 Chapter 12: Dispute Resolution Methods............................................................ SU6-9 Summary................................................................................................................. SU6-19 Formative Assessment.......................................................................................... SU6-20 References............................................................................................................... SU6-28 iii Table of Contents iv List of Tables List of Tables Table 1.1 Some Key Changes from Incoterms® 2020............................................ SU1-13 Table 1.2 Some Key Provisions of UNCISG........................................................... SU1-19 Table 2.1 Some Key Provisions of EC Model Law................................................ SU2-10 Table 2.2 Some Key Provisions of ES Model Law................................................. SU2-15 Table 3.1 Brief Comparison Table............................................................................ SU3-21 Table 4.1 Brief Overview of the Warsaw System..................................................... SU4-7 Table 4.2 Brief Comparison Table between Warsaw regime and Montreal Convention 1999 relating to carriage of cargo by air............................................ SU4-14 Table 4.3 Some Key Terms in the FIATA Bill......................................................... SU4-29 Table 5.1 Other Legal Principles relating to Marine Cargo Insurance................ SU5-18 Table 5.2 Brief Comparison of Risk Coverage....................................................... SU5-24 Table 5.3 Details for the Stages in L/C Process..................................................... SU5-31 Table 5.4 Some Key Provisions of UCP 600........................................................... SU5-39 v List of Tables vi List of Figures List of Figures Figure 1.1 Domestic Sale of Goods within Singapore............................................. SU1-5 Figure 1.2 Greater Complexity in International Trade Transactions..................... SU1-7 Figure 3.1 Hague-Visby Rules (Article 3) - Carrier’s Responsibilities................ SU3-18 Figure 3.2 Hamburg Rules (Articles 5 and 14) - Carrier’s Responsibilities........ SU3-20 Figure 4.1 Example of Terms and Conditions of Airline Ticket (2019)................. SU4-6 Figure 4.2 Warsaw System does not Apply.............................................................. SU4-8 Figure 4.3 Warsaw System Applies........................................................................... SU4-9 Figure 4.4 Montreal Convention 1999 Applies...................................................... SU4-12 Figure 4.5 Montreal Convention 1999 does not Apply......................................... SU4-12 Figure 4.6 Montreal Convention 1999 Applies...................................................... SU4-13 Figure 5.1 Simplified Subrogation Process............................................................. SU5-15 Figure 5.2 Examples of Losses Which Are Too Remote or Not Contemplated.............................................................................................................. SU5-23 Figure 5.3 Two Principles Underlying L/Cs.......................................................... SU5-35 vii List of Figures viii Course Guide International Trade Law LOG305 Course Guide 1. Welcome Welcome to the course LOG305 International Trade Law, a 5-credit unit (CU) course. This Study Guide will be your personal learning resource to take you through the course learning journey. The guide is divided into two main sections – the Course Guide and Study Units. The Course Guide describes the structure for the entire course and provides you with an overview of the Study Units. It serves as a roadmap of the different learning components within the course. This Course Guide contains important information regarding the course learning outcomes, learning materials and resources, assessment breakdown and additional course information. CG-2 LOG305 Course Guide 2. Course Description and Aims A legal framework is essential for international trade where transactions take place over geographic, political and legal divides. In this respect, international conventions, model laws and rules seek to harmonise the impact of laws on international trade and carriage of goods. This course provides students with an understanding of the legal issues related to an international trade transaction and how international law seeks to address such issues. In particular, students will examine the laws relating to international trade, electronic transactions, carriage of goods, maritime insurance, payment modes and the different methods of dispute resolution. Course Structure This course is a 5-credit unit course presented over 6 weeks. There are six Study Units in this course. The following provides an overview of each Study Unit. Study Unit 1 – Role of Law in International Trade Transactions This unit will show how international trade law plays an important part in facilitating the effectiveness and efficiency of sale of goods amongst parties from different countries. It illustrates the various issues that may arise in an international sale of goods contract between parties from different countries. In addition, it demonstrates how laws can help to provide a common framework for such parties and help reduce the uncertainties and risks of international trade. Study Unit 2 – Electronic Transactions and Digital Innovations This unit will examine the legal issues arising from two key technological advancements. It analyses some of the legal issues related to electronic transactions and how international law has sought to address such issues. In addition, it discusses the potential impact of CG-3 LOG305 Course Guide digital innovations such as blockchain technology on international trade and the related challenges. Study Unit 3 – Transport of Goods by Sea This unit will look at the legal aspects of a key piece of documentation and the related international conventions for the carriage of goods by sea. It appraises the nature of bills of lading (B/Ls), including electronic B/Ls. In addition, it evaluates the rights and obligations of the shipper and the carrier under various international conventions such as the Hague Rules, the Hague-Visby Rules, the Hamburg Rules and the Rotterdam Rules. Study Unit 4 – Transport of Goods by Air and Multimodal Transport This unit will compare the various legal frameworks for carriage goods by air and multimodal transport in an international context. Some considerations are similar to carriage of goods by sea. However, there are unique challenges to carriage of goods by non-maritime means which should be addressed. It examines the legal framework relating to the international carriage of goods by air, namely, the Warsaw system and the Montreal Convention 1999. In addition, it appraises the legal framework surrounding the international carriage of goods by multimodal transport, focusing on the legal role played by a freight forwarder and the Negotiable Multimodal Transport Bill of Lading form used by the International Federation of Freight Forwarders Associations (FIATA). Study Unit 5 – Marine Insurance and Letters of Credit This unit will show some of the key risks involved in an international sale of goods, and the legal concepts relating to risk management via the purchase of marine insurance and use of letters of credit. It illu ...
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Final Answer

Attached.

Running head: BLOCKCHAIN TECHNOLOGY AT IBM

Blockchain Technology at IBM
Course Code
Title of the TMA
SUSS PI No.,
Student’s Name
Date

1

BLOCKCHAIN TECHNOLOGY AT IBM
Blockchain technology is described as a tamper-proof decentralized, distributed ledger
that records the digital report of transactions. The intention of the tamper-proof aspect of
blockchain is to establish trust among transacting parties within the network of distribution (Ng,
2020). Blockchain technology allows business deals amongst parties to be time-stamped,
validated and stored in a permanent and in manner that cannot be altered through cryptographic
techniques. Parties in the blockchain are able to access and view and trace the transactions ledger
any time. IBM is an example of a real-life company that which have leveraged the technology of
blockchain in its global...

Juniper (17696)
UC Berkeley

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