Smart contract

U sing cryptographically signed transactions on the blockchain network is a

collection of code and data that is deployed.

Questions

1. With the potential to be a disruptive technology across industries,

blockchain has had varying impacts on financial management. Explain

how?

2. Write about the following blockchain use cases:

K YC compliance in financial services

Registry of assets

Interbank reconciliation

Smart contracts

Traceability of supply chain (logistics)

Managing clinical trials in healthcare

Asset optimization in the energy and utility sector

Payment of royalty to book authors