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Business Opportunities in Block Chain

   

Added on  2023-04-22

9 Pages1950 Words462 Views
Finance
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Running head: BUSINESS OPPORTUNITIES IN BLOCK CHAIN
Business opportunities in Block chain
Name of the Student
Name of the University
Author Note
Business Opportunities in Block Chain_1

BUSINESS OPPORTUNITIES IN BLOCK CHAIN
Table of Contents
Introduction:...............................................................................................................................3
Discussion:.................................................................................................................................3
Summarizing each of the articles:..............................................................................................3
Comparing the arguments put forward in each paper:...............................................................5
Presentation of three most promising opportunities evaluated and discussed in the articles:. . .6
Conclusion:................................................................................................................................6
References list:...........................................................................................................................9
Business Opportunities in Block Chain_2

BUSINESS OPPORTUNITIES IN BLOCK CHAIN
Introduction:
The report is prepared for researching and summarizing the journal articles on the
business opportunities offered by block chain that underlies the crypto currency. The
arguments about the opportunities offered in each of the articles discussed are compared and
analyzed and the most promising opportunities are listed down. In the later part of report, the
conclusion is made by discussing the several positive and negative aspects of crypto
currency.
Discussion:
Summarizing each of the articles:
The article titled “Block chain technology in the energy sector-Its opportunities and
challenges” presents an overview on the fundamentals of block chain technologies and the
critical components of ecosystem of block chain. Furthermore, various energy use cases have
been discussed along with the issues and benefits offered by the block chain solutions. It has
been found from the research paper that most block technologies application in energy sector
is in development phase and the improvement areas are being enquired (Andoni et al., 2019).
Moreover, for energy companies, the technology of block chain can be disruptive and several
challenges are faced.
Another article reported about the demand of crypto jobs and price volatility in block
chain by conducting research on professional services firms and analyzing the Bitcoin
demand. It has been presented in the report conducted by the glass door economic research
that the jobs in crypto currency sector has risen by 300% compared to last year despite
uncertainty in regulation and price volatility. One of the interesting facts was ascertained that
Business Opportunities in Block Chain_3

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