1. (25 pts) Given hashing method below, fill the hash codes for each block. Prove that deletion and insertion breaks the integrity of the chain. f(genesisblock)=AmountRoundUp(NumberOfLetters(Payee)(NumberOfLetters(Payeer))2) f(otherblocks)=2f(previousblock)+AmountRoundUp(NumberOfLetters(Payee)(NumberOfLetters(Payeer))2) 2. (25 pts) Name the problems that blockchain solves, explain each in at most 3 sentences. 3. Compare the standard payment system with proposed Blockchain based payment system. Please support your arguments with examples. 4. Do emerging economies benefit more from digital currencies than the advanced economies? Discuss and give examples to support your arguments. (Answer this question by thinking about financial inclusion) 1. (25 pts) Given hashing method below, fill the hash codes for each block. Prove that deletion and insertion breaks the integrity of the chain. f(genesisblock)=AmountRoundUp(NumberOfLetters(Payee)(NumberOfLetters(Payeer))2) f(otherblocks)=2f(previousblock)+AmountRoundUp(NumberOfLetters(Payee)(NumberOfLetters(Payeer))2) 2. (25 pts) Name the problems that blockchain solves, explain each in at most 3 sentences. 3. Compare the standard payment system with proposed Blockchain based payment system. Please support your arguments with examples. 4. Do emerging economies benefit more from digital currencies than the advanced economies? Discuss and give examples to support your arguments. (Answer this question by thinking about financial inclusion)