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Cryptocurrency - Emerging Technologies & Innovation

   

Added on  2020-03-04

14 Pages2206 Words96 Views
Running head: CRYPTO-CURRENCYEmerging Technologies and Innovation: Crypto-CurrencyName of the student:Name of the university:

1CRYPTOCURRENCYTable of Contents1. Introduction..................................................................................................................................32. Rationale......................................................................................................................................32.1 Problem domain.........................................................................................................................32.2 Purpose and justification............................................................................................................43. Sponsor and supervisor recommendation....................................................................................44. Research question........................................................................................................................45. Conceptual and theoretical framework........................................................................................56. Methodology................................................................................................................................56.1 Research and system development methods..............................................................................56.2 Data collection or system design methods.................................................................................66.3 Ethical issues.............................................................................................................................66.4 Compliances requirement..........................................................................................................66.5 Data analysis..............................................................................................................................67. Project plan..................................................................................................................................77.1 Project deliverable.....................................................................................................................77.1.1 Conclusion..............................................................................................................................77.1.2 Recommendation....................................................................................................................87.2 Work breakdown structure........................................................................................................97.3 Risk analysis..............................................................................................................................97.4 Duration...................................................................................................................................107.5 Gantt chart...............................................................................................................................128. Bibliography..............................................................................................................................13

2CRYPTOCURRENCY1. Introduction This project plan depicts the importance of Crypto-currency rather bit coins in themarketplace and the future of Crypto-currency in the business organizations for effective revenuemodel. In the current trends of technology Crypto-currency plays effective roles and it is verymuch important for the blockchain technologies. However Crypto-currency is neither fiat moneynor not even commodity money. In order to raise the economic questionnaires Crypto-currencyare the not the ultimate mode of success rather, it serves a mixed technical as well as monetaryfeatures to the users. Based on the current trends and technology it has been found that, due to rapiddevelopment in technology the world is becoming digitized day by day. For the financialchannels, systems and instrument currently the new paradigm has been created by the technicaldevelopers in terms of bit coins or Crypto-currency. The challenges that users are facing due toimplementing the wide usage of Crypto-currency could be minimized with the help of certaintools and technologies. The project aim, objective, scope, methodologies and project plan andtimelines are developed in this project. 2. Rationale 2.1 Problem domain The main aim of the project is to identify the usage of Crypto-currency in the digitalworld of technical application. Crypto-currency has provided a new way to future economictowards measurable success. It could be used as a real currency those could be savedelectronically in the websites and computers also. After identifying the issues and challenges

3CRYPTOCURRENCYdifferent issues mitigation strategies, are needed to be adopted by the organizations andindividuals also. 2.2 Purpose and justification To understand the role of Crypto-currency in current digital world To identify the challenges associated to Crypto-currencyTo develop certain advanced tools and strategies 3. Sponsor and supervisor recommendation The supervisors have recommended for analyzing the followings:The role of Crypto-currency in the current digital world and the way through it isreferred to as beneficialThe main issues related to Crypto-currencyDifferent tools those might mitigate the challengesHowever, specific users of Crypto-currency, the origin of Crypto-currency and the rate ofexchange of Crypto-currency are not analyzed in this project. Even all the necessary tools cannotbe determined easily. Thus, in order to mitigate the technical issues proper techniques and toolsare required to be adopted by the individual users and organizations as well. However thesespecifications could not be determined in this project. 4. Research question What are the benefits of using crypto currency?What are the issues associated to crypto currency?

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