IT 493 George Mason University Blockchain Technology Discussion

Description

You are your company’s CISO in a conversation with your Chief Information Officer. Your company is a leader in financial services in the northeast of the US.

You are talking about the security surrounding your customers and protecting their transactions, both external and internal. The CIO had asked about recent advances in transactional security. You ask if he’s familiar with Blockchain. He responds in the negative.

This assignment is to create a thought leadership paper for your CIO on Blockchain technology. The mandatory minimum length of this paper is 500 words. In a clear format of your choice, presenting the following:

An explanation of Blockchain technology
- How does it work?
- What resources are needed for a successful Blockchain implementation?
What are the benefits and risks from Blockchain?
How can financial services benefit from Blockchain?
From a business perspective, namely cost, schedule, and performance, do you think Blockchain technology has a bright future?

Explanation & Answer:

4 pages

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