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Blockchain Technology Essays

Application of New IT Trends in Artisanal Crafts Company

Introduction In the fast-growing world in which we live, the application of IT advances has become compulsory for companies striving to compete on the world stage. These aspects are more noticeable in companies manufacturing artisanal crafts for the overseas market, which is fast expanding with the help of technological advancements that can be used to ... Read More
Pages: 14       Words: 3737

Blockchain and Shared Economy

Introduction One of the most remarkable trends in recent years has been the emergence of the sharing economy, which used to be often referred to as collaborative consumption or P2P (peer-to-peer) sharing. This socio-economic pattern emphasizes the efficacy of sharing, renting, or swapping items among society members brought about by digital networks. The whole definition ... Read More
Pages: 9       Words: 2383
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Cryptocurrency and Blockchain Relating to Techniques Used To Integrate Blockchain Technology Into Business Strategy

Introduction Blockchain technology has spearheaded the most impactful forces with transformation potential across diversified industries such as finance, supply chain, and healthcare. Understanding the various impacts of blockchain technology and its advantages is quintessential in integrated business with a blockchain strategy. This paper represents a reflective analysis and summary of academic research whose subject is ... Read More
Pages: 4       Words: 1100

Impact of Cryptocurrencies on Economies

Introduction Cryptocurrency has continued to solicit attention from different groups, including entrepreneurs, investors, regulators, and the general public. Recent discussions surrounding cryptocurrency have had a significant influence on changes in their prices. A cryptocurrency is considered to be a virtual or digital currency that is secured by cryptography. Cryptography makes it nearly impossible for the ... Read More
Pages: 20       Words: 5334

Integrating Blockchain Technology at Dell

Introduction Blockchain is a shared, immutable ledger for recording transactions, monitoring assets, and establishing trust. Information is a vital component of business. Blockchain is great for delivering such information because it delivers real-time, shareable, and entirely transparent data on an immutable ledger accessible only to network users with permission (Khanum and Mustafa, 2023). Blockchain can ... Read More
Pages: 4       Words: 826

IBM Food Trust™ Blockchain Platform

Introduction IBM Food Trust™ Blockchain Platform is an innovative idea supporting several players’ cooperation in the food supply chain. This solution runs on IBM Blockchain and produces a single ledger that is permissioned and cannot be altered. The participants range from growers, processors, wholesalers, distributors, and manufacturers to retailers. With this network, participants benefit from ... Read More
Pages: 11       Words: 2885

Culture and Technology: Blockchain Technology

Blockchain technology is the shared and unchangeable ledger that ensures that transactions are recorded, and assets are tracked in the business network. Assets are either tangible or intangible, and since blockchain is virtual, it facilitates tracking and trading, thereby reducing the associated risks and cutting down costs (Ruoti et al. 47). Blockchain has become ideal ... Read More
Pages: 4       Words: 998

Managing Digital Transformation at Starbucks

Introduction Digital transformation is the process by which technologies drive a fundamental change in companies (Berger, 2015). This transformation involves the use of digital technologies to create and modify business practices and customer experience to accomplish market requirements (Matarazzo et al. 2021). In this case, this study evaluates how the retail industry has managed digital ... Read More
Pages: 11       Words: 2947

Fashion Retail Legal, Social, and Ethical Issues

Introduction The paper examines the fashion retail industry’s complex legal, social, and ethical issues. It analyzes how these factors affect this sector’s firms. The paper will use Mainers, Ringleb, and Edwards’ “The Legal Environment of Business” and “Practical Stake: Corporations, Political Spending, and Democracy,” as well as other sources, to give a full overview of the ... Read More
Pages: 5       Words: 1195

Fashion in Metaverse

Many goods, including those from Nike, Dolce, and Gabbana, and fashion digital natives’ businesses, are paving the way for the met averse (Sayem, 2022). Digital clothing design allows consumers to gather and style products while allowing firms and designers to monitor their production. The process of making actual clothes serves as inspiration for fashion design, ... Read More
Pages: 3       Words: 631

Data Mining Has Emerged as a Popular Tool for Businesses

Introduction The practice of discovering patterns and insights from large datasets using various tools and approaches is known as data mining. In recent years, organizations have been more interested in data mining, a fast-expanding sector (Olufemi Ogunleye 2022, 1). Data mining has become a popular technique for organizations to extract useful insights and patterns from ... Read More
Pages: 12       Words: 3029

Blockchain Technology in the Supply Chain

Executive Summary The world is moving towards efficient, clean, and affordable food services. Among its sustainable development goals, the United Nations lists supply chain sustainability as an important course toward sustainable development. The distributed ledger technology allows tracking activities in the entire supply chain in just in time. Decentralized blockchain technology promotes reliability, accountability, transparency, ... Read More
Pages: 11       Words: 2991

Blockchains and GDPR: Exploring Compatibility and Compliance Challenges

The General Data Protection Regulation (GDPR) is a European Union law that introduces guidelines and obligations for managing electronic data. The obligations GDPR places are the need to put in security measures to protect electronic data and the privacy of the people using and accessing the information. Camilo (2019) explains that the GDPR has seven ... Read More
Pages: 9       Words: 2382

Blockchain Technology in the Healthcare Sector

1.0 Introduction The advent of technology has enabled the development and enhancement of service provision in nearly all sectors, including health. New technologies, for instance, big data and the Internet of Things, have proved core to healthcare innovation and in supporting the designing and execution of a “smart healthcare system” (Du et al., 2021). The ... Read More
Pages: 9       Words: 2269

Blockchain Technology and Chinese Banking Industry

Introduction Blockchain technology has become a critical aspect of the banking sector as the technology is being adopted. Blockchain has been critical in helping optimize payment systems and improve credit risk management (Zhu et al., 2020). Such measures mean the operations become efficient as the technology enters the Chinese banks. Some resources have covered the ... Read More
Pages: 3       Words: 785
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