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Step 5: Assess Bitcoin Encryption (Blockchain) and Technological Capabilities
Bitcoin has become a successful globally appropriated form of virtual currency and digital currency (cryptocurrency) through its accomplished technology and practices. By many, it is still considered an emerging technology in the realm of cybersecurity.
Within the first few steps, you reviewed virtual currency and gained an overview of cybersecurity methods such as encryption methods and other technology traits associated with various virtual currencies. In the next few steps, you will investigate the cross-cutting effects in Bitcoin’s use of blockchain technology and perform an external Bitcoin and Blockchain Technology Audit for your company. You will scrutinize policy, budget, and technological capabilities (where they exist) to address cyberthreats, as well as how these effects are managed at the enterprise, national, and international levels. Feel free to pull items from your findings thus far to frame this assignment.
In this step, develop a record-keeping system specifically for blockchain. This can be in the form of a table, spreadsheet, or other format. Keep in mind that this will be submitted as an addendum to the final project, so it should be organized and easily understood by the instructor.
Determine variances from a cybersecurity perspective, consider Bitcoin’s encryption method, and other technological capabilities at the enterprise, national, and international level. Include other virtual currency technologies and reasons why they might have a better impact in these areas.
In the next step, you will determine any policy limitations of the use of blockchain technology.
Project 3: Virtual Currency
Step 5: Assess Bitcoin Encryption (Blockchain) and Technological Capabilities
Bitcoin has become a successful globally appropriated form of virtual currency and digital currency (cryptocurrency) through its accomplished technology and practices. By many, it is still considered an emerging technology in the realm of cybersecurity.
Within the first few steps, you reviewed virtual currency and gained an overview of cybersecurity methods such as encryption methods and other technology traits associated with various virtual currencies. In the next few steps, you will investigate the cross-cutting effects in Bitcoin’s use of blockchain technology and perform an external Bitcoin and Blockchain Technology Audit for your company. You will scrutinize policy, budget, and technological capabilities (where they exist) to address cyberthreats, as well as how these effects are managed at the enterprise, national, and international levels. Feel free to pull items from your findings thus far to frame this assignment.
In this step, develop a record-keeping system specifically for blockchain. This can be in the form of a table, spreadsheet, or other format. Keep in mind that this will be submitted as an addendum to the final project, so it should be organized and easily understood by the instructor.
Determine variances from a cybersecurity perspective, consider Bitcoin’s encryption method, and other technological capabilities at the enterprise, national, and international level. Include other virtual currency technologies and reasons why they might have a better impact in these areas.
In the next step, you will determine any policy limitations of the use of blockchain technology.
Project 3: Virtual Currency
Step 7: Assess Blockchain Technology Budget and Resource Trade-Offs
In the last two steps, you have considered policy and technology capability impacts of blockchain and related technologies viewed from enterprise, national, and international levels. As you probably have found or predicted, budget and resource trade-offs now need to be acknowledged and will be the final piece of your External Bitcoin and Blockchain Technology Audit. This should also recognize and accommodate potential enterprise, national, and international constraints.
Provide a three- to five-page External Bitcoin and Blockchain Technology Audit. Incorporate what you have identified during your cross-functional analysis of blockchain and digital-currency technology alternatives in regards to technological capabilities, policy, and budget trade-offs relative to enterprise, national, and international restrictions. This should be directed to senior leaders about the pros and cons, the options, and the alternatives that would facilitate their strategic decision making in defense of cyberthreats.
Submit the External Bitcoin and Blockchain Technology Audit along with the recorded findings document as an addendum for feedback.
Submission for Project 3: External Bitcoin and Block-Chain Technology Audit

 

 

Sample Solution

ajor exports driver in that period were textiles, garments and footwear. Due to the major state investments a substantial growth was recorded in the heavy industries. But in early 1990, due to the higher competition in the markets, slower growth rate was recorded in the industries. In 1997 Indonesia faced crisis and between 1998 to 2004 Indonesia has elected five presidents and major modifications was recorded in the political structure. Indonesia recovered soon from the crisis. Now Indonesia has lots of jobs in service sector and technological advancements and deregulations has become the reasons for fastest growth occurrence (Aswicahyono, Hill & Narjoko 2011).

Characterstics of Indonesia Workplace: In Indonesian workplace relationship between superiors and employees are of paternal and maternal nature. Employees believe on their managers and superiors so much that they think whatever they do will be good. They are too much satisfied with the working conditions, co-workers, supervisors and superiors. They hesitate to communicate bad news to the superiors, so the communication is very less in the Indonesia workplace (Wulandari, Pia & John 2011). But in the western workplace, relationship and work is kept aside, targets are communicated to the employees. Employers expect that employees should share their problems with them and also come to the employers for further improvements in the business. Communication should be open from both sides. Due to large number of industries in Indonesia, cases of accidents at the workplace also has increased due to the wrong level of the machines, now Indonesian firms and Governments are arranging the machines according to the male and female posture levels. They are doing so for the well-being, health and comfort of the employees (Sutalaksana & Widyanti 2016). Indonesia has ranked fourth in the consumption of the cigarettes and as it has bad effects on the health of the people, So the WHO Framework Convention on Tobacco Control has taken initiatives for the safeguard of the people by banning this in the workplace and public places and in transportation. This is done by passing various laws.(Byron et al. 2013)
Social Stratification: In nineteen centuries, people was divided into various status system on the basis of races in Java. But in twentieth century, due to the economic changes and upgrading of western education the status pattern largely altered. Now discarding racial distinctions, education created the new status system like class of intellectual and non-intellectuals. These new classes challenged the European superior descents and also threatened the nobility status of Indonesian group. People are also stratified on the basis of religion like Islam, Arab Saudi and Kafir (White man). In previous years the people born in the Indonesia tried to hide their nationality but now have higher rank than Indonesian European and Indonesian Chinese. In present, people of European and Dutch nationality are not able to get good jobs and compete in Indonesia because of loss of status but some totok European and Americans are able to get good job if t

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