Search & Evaluate- Darcy Whitfeld - Case Study - Accounting and Finance Assignment Help

Assignment Task:

Task:

The search process comprised of mentioning the key words related to research topic in the space provided on google scholar. Different key words were selected to effectively evaluate the research topic. The search was narrowed down further by selecting the custom ranger from 2015 to 2020.
This helps in getting most recent and relevant articles related to research topic. This search strategy is considered to be successful as the number of articles obtained were narrowed down below 1000 in one case with the articles and books in such results being very effective to the research topic. These recent articles were obtained by narrowing down the year range to one year that is 2020.

Source 1
Summary and Evaluation

Blockchain is regarded as a specific form of distributed ledger technology. There is shared database at its core that is arranged in a list of blocks. It has become popular because of its successful adoption of cryptocurrencies such as Bitcoin. It offers various advantages as it helps in keeping records of all money related transactions and data held among two parties in transparent, secure and immutable manner. This technology enables banks to eliminate bureaucracy, improve secrecy and conduct speedy transactions at minimum costs. It has been analysed that it can be effectively used for launching of new cryptocurrencies that will be influenced or regulated by monetary policy. The securities exchange of Australia has planned to use a new and updated blockchain based system to effectively manage financial market in Australia. This technology is also attractive to several government authorities that are required to administrate large quantity of data (Alketbi et al. 2018). The implementation of blockchain technologies has enabled efficient management of data that have further led to the enhancement in the functioning of various agencies.

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