The next chapter of the human story is already taking shape courtesy of famous ground-breaking innovation of blockchain. Cryptocurrency has only been in existence for a decade, but the effects are already being felt, buoyed by the network effects of the Internet. Looking at the bigger picture, it is still...
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Globally, the Jewellery industry has witnessed exponential growth concerning sales volume, the variety of jewels traded, market share for industry players and most importantly, profits in the past half-decade (Euromonitor International, 2018). The recession of 2008 to about 2013 significantly impacted on service industry sections such as jewelry in Britain...
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Carlozo defines blockchain as publicly circulated ledger in which transactions made using cryptocurrencies such as bitcoin are recorded sequentially (Carlozo, 1). A block is a record of operation which is linked to other transactions of similar nature using cryptography (Gupta, 3). The blocks are composed of timestamps, transaction data, and...
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Concerns about Privacy and Security Concerns about privacy should be a major consideration in the architecture of blockchains. This is due to the fact that blockchains are designed to store and transmit data on a massive scale. Furthermore, personal data can be shared via the blockchain. As a result, data protection...
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The Article 'What is blockchain?' The article ‘What is blockchain?’ provides various descriptions of the matters that the CPAs need to recognize about blockchain. The writer defined blockchain as a digital ledger of financial transactions that infinite public customers can update always with no symptoms of corruption. Data Contained in a Blockchain...
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