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Q3 (BlockChain Technology) (Answer any 1 of the followings) 14 Marks] (a) Write a report on how the blockchain technology can impact loT distributed systems,
Q3 (BlockChain Technology) (Answer any 1 of the followings) 14 Marks] (a) Write a report on how the blockchain technology can impact loT distributed systems, sensors and data. Please consider the followings in your report i. Explain a motivating scenario of an loT distributed system where the ii. Explain your understanding with necessary diagrams on how the i Among the popular consensus mechanisms, which one can be applied specified loT distributed system can be designed using blockchain. in your specified blockchain based loT distributed systems and why? iv. Explain how the integrity and traceability of loT data are obtained v. What are the advantages and disadvantages of using blockchain [Hints: Resources on existing blockchain based loT distributed systems Justify your answer. using blockchain in technology in your specified loT distributed systems? should be reviewed from online sources. Some of the sample projects can be found in the following link: Page 4 of 9 (b) Write a report on how the blockchain technology can revolutionize real i. Explain a motivating scenario on a real estate application where the ii. Explain your understanding with necessary diagrams on how the i Among the popular consensus mechanisms, which one can be applied estate industry. Please consider the followings in your report sequentially: blockchain can be applied. specified real estate application can be designed using blockchain. in your specified blockchain based real estate application and why? Explain how the integrity and traceability of data in real estate are What are the advantages and disadvantages of using blockchain iv. v
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