Highlights
Blockchain Technology extends its usage to all premises of governance, business and society among others looking for characteristics of trust, transparency and traceability in the host systems. The features of Blockchain Technology like consensus mechanism and smart contracts brings a great degree of fitment towards varied applications providing a suitability to the problem context at hand.
In this assignment, each participants has to envision and design a Blockchain Solution to a given problem context of their choice based on the premises given below:
- Defining the problem context and justification of usage of Blockchain Technology
- Understanding the stakeholder requirements for the Blockchain Technology based solution
- Design a Blockchain Solution (conceptual ideation only) in terms of following Blockchain Technology artefacts along with the justification of choice:
o Type of Blockchain
o Defining the stakeholders
o Consensus Mechanism
o Smart Contracts
o Business Model
o Interaction of Human Agent and Blockchain Protocol and its impact on design
- Also, test your proposed design using the fundamental understanding of Design Science Research discussed in the class and validate the utility of the proposed design.
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