Write a report 1700 words. You are a compliance manager in a financial instituti
Write a report 1700 words. You are a compliance manager in a financial institution. Your company wants to use blockchain for three purposes:
1. As a mechanism for secure digital transactions and smart contracts
2. As a way of managing digital identities
3. To offer clients the chance to invest in cryptocurrencies
You have been requested to prepare a report for management that will address the three key purposes above and to address the concerns raised by the executive. Your report should explain what blockchain is, explain these uses (applications) and how it will benefit yourself and the company auditors in a report, follow exactly a structure in a picture below.
Read and use the articles and attachment be given below and citiations them in the report. Beside, support the report at least 20 academic references.
The articles:
https://www.euromoney.com/learning/insights/blockchain/blockchain-explained/what-is-blockchain#
https://nexia.com/insights/global-insight/blockchain-technology-opportunities-and-challenges-for-auditors/
https://consensys.io/blockchain-use-cases/digital-identity
https://www.venable.com/insights/publications/2018/01/big-data-and-fintech-avoiding-fair-lending-and-uda
https://www.deloitte.com/lu/en/Industries/technology/analysis/regtech-companies-compliance.html
https://builtin.com/articles/regtech-companies
https://www.g2.com/articles/fintech
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