Kiwi Company & Blockchain Technology: A Detailed Research Report

This research report explores the application of blockchain technology within Kiwi Startup Company, focusing on how it's used to maintain data confidentiality and enhance security. It details the company's background, strategic plans involving cryptocurrency and data encryption, and key features and limitations of their blockchain implementation. The report also discusses IT management functions incorporating blockchain, the role of the Chief Information Officer (CIO), and challenges associated with blockchain adoption, such as environmental costs and regulatory issues. Furthermore, it examines corporate governance aspects and security policies related to blockchain technology within Kiwi, concluding with insights into the company's future prospects through the continued use of this technology. The report emphasizes the increasing importance of blockchain in securing digital assets and improving data management for modern businesses. Desklib provides a platform to access this document along with numerous other solved assignments.

Running head: RESEARCH REPORT
Research Report: Kiwi Company using blockchain technology
Name of the student:
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Introduction
This research report depicts the importance and positive vibes of using blockchain
technology in the business organizations to keep and maintain the organizational confidentiality.
The company that has been nominated to fulfill the research purpose is the Kiwi Startup
Company. In order to maintain data confidentiality of the information of Startup Company how
effectively the concept of Blockchain technology is being used are all illustrated in this report.
The concept of blockchain technology is referred to as an undeniable indigenous range of
innovation which restricts the distribution of the digital data. The potential usage and security of
the technology is increasing widely with the tech community approaches (Ouaddah, Elkalam &
Ouahman, 2017). The revolutionary roles of the technology and its future in the field of
technology are all elaborated in this research report. The role of the Chief Information Officer
(CIO), company background, limitation and features are also illustrated in this research report.
1. Background of the company
Kiwi connect bring all together the global impact projects in the Aotearoa in New
Zealand. Many projects are being catalyzed with the help of the activities served by this
company. The centrality value of the Cryptocurrency and bitcoins will be virtually not possible
to represent that down in good old United States greenbacks or in terms if the Kiwi Dollars
(Treleaven, Brown & Yang, 2017). The startup company has pumped the number of the
company to $690 Million. It is learned that most of the companies of New Zealand use the
concept of blockchain technology to keep the data confidentiality and prevent the unwanted
users to retrieve any data from the server without the permission of the authorized users. In other

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words it can be said that, in case of internet connectivity the blockchain technology act as a
backbone (Casey et al. 2018). This technology allows the digital data to be distributed but not to
be copied and interrupted accordingly. From the background and the other activities served by
the company it is defined that Kiwi connect mainly acts as a bridge in between New Zealand and
world to impact the company engaged with the positive business environment.
2. Strategic plan of Kiwi
The New Zealand based company Kiwi startup gives the users a choice to make pay for
innovative idea adoption. This technology helps to gain commercial profit in term of the
application of crypto currency usability and encryption. The user’s monitoring approaches are
developed in such a way so that, none of their confidential data can get hijacked from the server
without their permission. It gives the users additional support and assurance about the digital
investment. The business ecosystem will become connected to the business strategies and no
such consequences are being identified that may impact the business system are the main reason
for which the Kiwi startup company is also using the concept of blockchain technology. Mainly
this approach is all about data decryption and data encryption by using the decryption public key
and encryption private key (Angraal, Krumholz & Schulz, 2017). The encrypted data cannot be
accessed by any of the unwanted users without successful application of the keys. The public key
is also referred to as a wallet address that deliver an authorized information transformation, data
withdrawals and other actions. It is important to use such concept to keep the data confidentiality
and prevent anyone from the external environment to access data accordingly. However the key
must not be shared with any of the third parties associated to the company (Biswas &
Muthukkumarasamy, 2016). All the digital assets will be secured from the external attackers if

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they fail to access information from the server. In such process the private keys used by the users
are the most important thins hat are to be considered.
3. Features
 Givens protection moves from centralized to decentralized
 The protection mechanism are combined in a single token
 Protects the digital wallets from exploitation
 Protects from malicious attacks
4. Limitations
 The time for the project was very much limited
 Lack of sufficient resources
 Lack of knowledge
5. IT management functions incorporating blockchain technology
In order to produce a successful blockchain technology based solution the phases that are
to be followed by the business organization are as follows:
 Identification of a suitable use case
 Data authorization as well as verification
 Smart management of the project assets
 Identification of a consensus technology or mechanism
 Suitable platform identification
 Designing of the nodes

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 Design of the blockchain instance
 Application Programming interface design and building
 Design of admin and user interface
 Addition of necessary future technologies
5.1 Role of chief Information officer of Kiwi
The Chief Information Officer of Kiwi is responsible to started off towards leading the
data processing and also the Information System departments. The role of CIO does not differ
much from the company executives (Lee & Pilkington, 2017). Rather it can be said that, the CIO
deals along with the requirements of the Information Technology in any business organization.
Though, they are not the director of the company.
In many cases it is defined that they have separated themselves from the role of the
operational manager. The CIO can create new business values along with the proper application
of the technologies. They provide strategic planning towards the growth of the business
objectives (Scott, 2016). Not only this but also the CIO can make sure that the tech system and
the procedures can lead the project heads towards the business moves. Secure digital
transformation also become possible with the help of the concept of Blockchain technology.
5.2 Challenges in the blockchain
There are many issues associated to the blockchain technology that interrupts the success
of the business organization. The challenges are as follows:
Blockchain has environmental cost: In order to incorporate blockchain technologies to the
business organizations the cost that is widely required is little high. For development of a secured

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network infrastructure high cost is required (Angraal, Krumholz & Schulz, 2017). Complex
algorithm can effectively and efficiently resolve the identified security level challenges.
Lack of regulations: In case of the bit coin application a volatile business environment is
required to be implemented. However in most of the cases such implementations are failed
eventually which is a major challenges for the application.
Blockchain can slow down the system application: The applications served by the business
organizations can become slower if it is found to be comprises of huge complexities.
5.3 Corporate governance and blockchain
From the detail survey on the application it is defined that, in order to drive the
application and function of the Kiwi Startup Company the blockchain technology application is
very much fruitful in nature. It helps the security managers of the company to develop a secured
consumer service platform. The IT and persona management are related to each other with
supplier management (Treleaven, Brown & Yang, 2017). The CIO is also responsible in vendor
negotiation and in the development of the IT architecture. The essential that are to be possessed
by the Chief Information Officer include strategic planning, change management, building
network relationship, software development management etc.
5.4 Security policies of the blockchain technology should be followed by Kiwi
 Non disclosure of business data or information outside the organization
 Data authentication
 Data authorization
 Prevention from unwanted data access

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5.5 Future of the company by using the technology
The technology can be used in distributed ledgers through digital wallets and other
applications also. The companies those are using the concept of blockchain technology can
improve their security.
Conclusion
From the overall discussion it can be conclude that the term blockchain technology is
being widely using the business organizations in reference to the bitcoins and the other range off
crypto currency. Apart from this, the term block chain technology can also be defined as an
important element of the Cryptocurrency. It is also identified that without the help of the digital
currency the concept of bit coin would not have exists. The working principles and the work
flow of this process are also elaborated in this research report. Along with this the security policy
considered for this technology and the future success that may be obtained from this technology
are also elaborated in this report. Kiwi is a startup company which also uses the similar concept
of blockchain technology to provide secured network based infrastructure to their operational
and functional department. Not only this but also, how the change validation may impact the
concept of cryptography and the data structure are also illustrated in this report. Moreover, it is
defined that, with the successful utilization of the blockchain concept for the computing system
the data management will become easier and effective than the previous stages.

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