Research project: blockchain, digital asset, and the financial system

Blockchain is technology that has revolutionized both the business and financial world. Blockchain has an
immense applications in every aspect of the economy such as supply-chain management, real estate, health
care, international trade, and finance. Your research project is to read about this technology, and summarize
what you will learn in no more than five pages. Your paper should provide answers to questions such as (but
not limited to): what is blockchain?, what are the applications of it in general, and in more details its financial
applications. I expect you also to discuss how financial institutions (such as banks) has used such technology
in Kuwait, and how has it reduced the transaction costs (An example is the recent use of the Ripple Network by
many banks in Kuwait ). The technology is expected to have a growing impact on our economy and life in the
next few years. You should properly list you reference using APA format. Plagiarism is strictly prohibited and
violates university code of conduct. If you have done similar research in other course, then you should
reference your work otherwise you might fall in self-plagiarism. The work you submit should be your own work
otherwise you will be violating the code of conduct and will be subject to failure. The objective of research
projects is to learn about something that could benefit you in your future career.