Securing Higher Grades Costing Your Pocket? Book Your Assignment at The Lowest Price Now!
loader

Phone no. Missing!

Enter phone no. to receive critical updates and urgent messages !

Add File

Error goes here

Files Missing!

Please upload all relevant files for quick & complete assistance.

Guaranteed Higher Grade!

JNB330 Supply Chain Management

tag 0 Download 19 Pages / 4,735 Words tag 05-07-2021

Question:

This area in blockchain appears to be the main central attribute that makes the blockchain an area of tremendous interest according to (Yli-Huumo et al. 2016), based on its original development of handling and supporting crypto-currency, this technology can be used for any form of financial transaction without any intermediary Be that as it may, despite the fact that Blockchain is by all accounts an appropriate answer for leading transactions by utilizing digital forms of currencies, it has still some specialized difficulties and constraints that need to be studied and addressed this includes high transactional integrity and most especially security, and additionally protection of blockchain nodes are expected to counteract attacks and attempts to aggravate transactions in Blockchain. Presently this Application has a probability of a 51% attack, in a 51% attack, a single entity will basically have full control of most of the system's mining hash-rate and would have the capacity to control Blockchain, to conquer this issue, a more detailed and thorough research on its security is more than necessary. 

Supporting the above information, (Biswas and Muthukkumarasamy 2016) stated that for a security breach or attack to happen, it will require the attacker to compromise more than 51% of the systems to exceed the hashing power of the target. Similarly, most studies, according to (Luu, Narayanan, et al. 2016) have also shown that a number of practical attacks on the transactional powered blockchain tend to leverage on the technologies network and consensus weaknesses. In addition to that, (Aitzhan and Svetinovic 2016) also mentioned that one of the reasons why security is a main issue with the current blockchain technology is that it provides just one single point of failure, which as a key component of a centralized network can cause major disturbance of authentication and payments activities which leads to the obstruction of data availability and integrity. Described the problems and I need you to expand the problems by supporting and contradicting factors.  
Download Sample Now

Earn back the money you have spent on the downloaded sample by uploading a unique assignment/study material/research material you have. After we assess the authenticity of the uploaded content, you will get 100% money back in your wallet within 7 days.

Upload
Unique Document

Document
Under Evaluation

Get Money
into Your Wallet

Total 19 pages

Cite This Work

To export a reference to this article please select a referencing stye below:

My Assignment Help. (2021). JNB330 Supply Chain Management. Retrieved from https://myassignmenthelp.com/free-samples/jnb330-supply-chain-management/information-technology.html.

My Assignment Help (2021) JNB330 Supply Chain Management [Online]. Available from: https://myassignmenthelp.com/free-samples/jnb330-supply-chain-management/information-technology.html
[Accessed 07 February 2023].

My Assignment Help. 'JNB330 Supply Chain Management' (My Assignment Help, 2021) <https://myassignmenthelp.com/free-samples/jnb330-supply-chain-management/information-technology.html> accessed 07 February 2023.

My Assignment Help. JNB330 Supply Chain Management [Internet]. My Assignment Help. 2021 [cited 07 February 2023]. Available from: https://myassignmenthelp.com/free-samples/jnb330-supply-chain-management/information-technology.html.


Stuck on Any Question

Our best expert will help you with the answer of your question with best explanation.

question
We will use e-mail only for:

arrow Communication regarding your orders

arrow To send you invoices, and other billing info

arrow To provide you with information of offers and other benefits

Phone no. Missing!

Enter phone no. to receive critical updates and urgent messages !

loader
250 words
Error goes here

Error goes here

Files Missing!

Please upload all relevant files for quick & complete assistance.

We Can Help!

Get top notch assistance from our best tutors !
Excel in your academics & career in one easy click!

icon

Other Samples

Content Removal Request

If you are the original writer of this content and no longer wish to have your work published on Myassignmenthelp.com then please raise the content removal request.

icon

5% Cashback

On APP - grab it while it lasts!

Download app now (or) Scan the QR code

*Offer eligible for first 3 orders ordered through app!

screener
ribbon
callback request mobile
Have any Query?
close
Subtraction Payment required!

Only one step away from your solution of order no.