Activity 3: Overview
Have you ever wondered about the ways blockchain influences our society? From understanding how it reaches agreements to exploring its ethical considerations, this activity will help you unravel the relationship between blockchain and society.
You will learn about the consensus mechanisms ‘proof of work’ and ‘proof of stake’ and analyse the social, legal, and ethical implications of blockchain technology.
Finally, you’ll look at different blockchain types (public, private, hybrid), analysing trade-offs in terms of performance, security, and organisational needs.
Learning outcome
- Evaluate different blockchain technologies, their advantages and disadvantages over centralised approaches, including social, legal and ethical considerations.
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