Your Perfect Assignment is Just a Click Away
We Write Custom Academic Papers

100% Original, Plagiarism Free, Customized to your instructions!

glass
pen
clip
papers
heaphones

Assignment: Research Blockchain as a Cryptographic Countermeasure

Assignment: Research Blockchain as a Cryptographic Countermeasure

Week 5 INDIVIDUAL Assignment: Research Blockchain as a Risk reducing countermeasure and apply to any (only one) major industry: Financial, cryptocurrency, stocks, accounting, transactions, real estate, court records, home business, technology, illegal drugs, etc.
Be sure to address the OSINT issues only as applicable: information reliability , trust, deep web interactions, sources, ability to close the transaction in time ( availability) , location of the servers overseas and control, levels of Risk, etc.
Assignment can be presented in the form of a 6-8 page paper [with sub-headers to highlight flow ]with APA references; or PPTx of about 40 + slides.

Here is a Summary of Blockchain as a cryptographic countermeasure.

BLOCKCHAIN ELEMENTS
Definition: BLOCKCHAIN IS A SECURE DISTRIBUTED LEDGER
Ledger: Complete chronological records of transactions in a data structure called a BLOCK. Each block is cryptographically bound to its predecessor.
Shared: Many entities share the same ledger with different access rights (R/W)
Distributed: No central server holds all of the blockchain. Every node has the same copies of the ledger-> high availability & resilience. No single point of failure.
Secure / Immutable: Each issuer signs Transaction. Each node validates Transaction by Blockchain governance. Nodes engage in consensus protocol to add a new block to their copy of blockchain. Errors are carved in stone. Non-repudiation not possible.
CRYPTOCURRENCY (BITCOIN, ETHEREUM)
Cryptocurrencies operate on a blockchain.
Transactions are aggregated into blocks, each block assigned (secured) with a unique HASH.
HASH’S are secure cryptographic signatures which link the blocks together
New block is linked irrevocably to the blocks before and after it by its unique HASH,
Once mining software validates (solves) the cryptographic puzzle for the latest block – Result is timestamped and
Block and its HASH are posted to all other computers that were attempting to solve the puzzle.
ADVANTAGES
Blockchain can be used to facilitate all digitized data transactions, property registrations, birth certificates, medical records, bills of lading, smart contracts
Blockchain is decentralized & its ledger is immutable, transactions are (mostly) protected from hacking
Because blockchain is peer-to-peer, people and businesses can interact directly with each other
Inherently more efficient and cheaper than systems burdened with middlemen such as lawyers and regulators.
ARGUMENT FOR NEGATIVES / CHALLENGES
Technology especially SECURITY. IoT security , especially SCADA systems are sieves
Operational challenges- business models, practical aspects, many agreements, too many actors in ecosystem
Legal & Regulatory & Compliance issues auto contract execution rule causes responsibility issues if device actions incorrect as executed by blockchain
IoT based-breaches hit as many as 90% of organizations implementing back-end IT systems
Blockchain processing is HUGELY ENERGY INEFFICIENT = real costs
Regulatory push-back will increase dramatically as status quo organizations threatened.

Order Solution Now

Our Service Charter

1. Professional & Expert Writers: Topnotch Essay only hires the best. Our writers are specially selected and recruited, after which they undergo further training to perfect their skills for specialization purposes. Moreover, our writers are holders of masters and Ph.D. degrees. They have impressive academic records, besides being native English speakers.

2. Top Quality Papers: Our customers are always guaranteed of papers that exceed their expectations. All our writers have +5 years of experience. This implies that all papers are written by individuals who are experts in their fields. In addition, the quality team reviews all the papers before sending them to the customers.

3. Plagiarism-Free Papers: All papers provided byTopnotch Essay are written from scratch. Appropriate referencing and citation of key information are followed. Plagiarism checkers are used by the Quality assurance team and our editors just to double-check that there are no instances of plagiarism.

4. Timely Delivery: Time wasted is equivalent to a failed dedication and commitment. Topnotch Essay is known for timely delivery of any pending customer orders. Customers are well informed of the progress of their papers to ensure they keep track of what the writer is providing before the final draft is sent for grading.

5. Affordable Prices: Our prices are fairly structured to fit in all groups. Any customer willing to place their assignments with us can do so at very affordable prices. In addition, our customers enjoy regular discounts and bonuses.

6. 24/7 Customer Support: At Topnotch Essay, we have put in place a team of experts who answer to all customer inquiries promptly. The best part is the ever-availability of the team. Customers can make inquiries anytime.