A Blockchain-Driven Approach to Fulfill the GDPR Recording Requirements
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A Blockchain-Driven Approach to Fulfill the GDPR Recording Requirements

This assessment task investigates a specific blockchain case study to understand how blockchain can achieve a competitive advantage.

Instructions

1. Download the book: Treiblmaier, H. and Clohessy, T., 2020. Blockchain and Distributed Ledger Technology Use Cases. Springer. (available on the library website – use Google Scholar and search for the book name)

2. Select one of the following chapters in the book (the one that is of most interest to you) that evaluate a specific blockchain solution:

a. What's in the Box? Combating Counterfeit Medications in Pharmaceutical Supply Chains with Blockchain Vigilant Information Systems

b. A Use Case of Blockchain in Healthcare: Allergy Card

c. A Blockchain-Driven Approach to Fulfill the GDPR Recording Requirements

d. Wibson: A Case Study of a Decentralized, Privacy-Preserving Data Marketplace

e. Business Process Transformation in Natural Resources Development Using Blockchain: Indigenous Entrepreneurship, Trustless Technology, and Rebuilding Trust

f. Smart City Applications on the Blockchain: Development of a Multi-layer Taxonomy

g. Analyzing the Potential of DLT-based Applications in Smart Factories

h. Next Generation Home Sharing: Disrupting Platform Organizations with Blockchain Technology and the Internet of Things?

i. Using Blockchain for Online Multimedia Management: Characteristics of Existing Platforms

j. Supply Chain Visibility Ledger

3. For the blockchain case selected, answer the specific questions outlined below:

a) Explain which case study you selected and describe the research problem.

b) How does a Blockchain solution address the research problem, according to the article?

c) To what extent do you think blockchain is the right solution to solve the research problem in the case study you selected? Include potential limitations and if there are more suitable solutions. Use the library to find sources to support your views.

d) What are the business, governance, and funding models that would have to change for the blockchain solution in the article to be successfully adopted?

e) What are the implications of this specific blockchain solution for cybersecurity (for the case study you selected)?

4. What are your recommendations for adopting the blockchain solution to achieve a competitive advantage in the case study you selected? Your recommendations should be supported by evidence (scholarly and other credible articles) from the previous components of the report.

Hint
Management"Blockchain is a specific type of database which differs from the typical database in the way it stores the information. Also, it stores the data in the blocks which are then also together chained. So, as the new data comes in, it is then entered into a fresh block. Also, different types of information could be stored on a blockchain. And, the most common use is the a ledger for the tran...

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