Intro to Blockchain and Cryptocurrency Week 10 Responses

docx

School

Chamberlain College of Nursing *

*We aren’t endorsed by this school

Course

Subject

Management

Date

Nov 24, 2024

Type

docx

Pages

Uploaded by AdmiralHare1908

Intro to Blockchain and Cryptocurrency Week 10 Responses Post 1 (Hepzibha) Thank you for the discussion post. I agree with you that blockchain should not be perceived as a job killer rather, it should be seen as an opportunity for the development of new jobs. I will respond to the following question from the discussion post: Do you think blockchain technology innovation brings new job opportunities if it is yes? What kind of new jobs is possible to open? Blockchain innovation will create new jobs such as finance and accounting careers in cryptocurrency, smart contract engineers, investment advisors in cryptocurrency, and cryptocurrency contentment marketing managers. There is an increasing fear that blockchain will take over the financial sector, however I presume that the finance sector will be more interested in using blockchain for security purposes. Post 2 (Praneeth) Thank you for the discussion posted Praneeth. I agree with you that developing blockchain technology can be very costly. I will respond to the following question from your discussion: How long do you think it will take the world to fully transition to blockchain technology? Considering the lack of expertise and costly investment requirements, I believe it will take close to half a decade for the world to fully transition to blockchain technology. This is not only because of financial and expertise concerns but also because of the government would also need time to develop policies and regulations suitable for the technology. Post 3 (Raof) Thank you for the discussion posted Raof. I agree with you that people will work side-by-side with blockchain technology. It will enhance service delivery, transparency, and efficiency. I will respond to the following question from your post: Do the traditional career sections gradually get

replaced with blockchain technology and global teamwork of computers? Although some repetitive jobs may be affected by blockchain technology, it will not replace customer facing operation. As blockchain replaces repetitive jobs, it will also create new job opportunities that require people to monitor and maintain these systems. This challenges people to gain expertise in relevant fields to ensure that as automation takes over, they still stand a chance in other job profiles.

Your preview ends here

Eager to read complete document? Join bartleby learn and gain access to the full version

Access to all documents
Unlimited textbook solutions
24/7 expert homework help

Related Documents

IMG_1807.jpeg

CW1 Research Proposal.docx

Attributes of An Effective Leader.pptx

CVP Excel project_Completed_.xlsx

#7874804.edited.docx

case study (1).docx

6C032B51-4DA4-4FBB-AA22-DBAF78E1DCD9.jpeg

Starbucks Case Study.docx

sadfgt.pdf

Recruitment and Selection Strategy, Process, Programs and Policies Design.docx

Leadership.pdf

week11 reply.docx

Recommended textbooks for you

Management, Loose-Leaf Version

Management

ISBN:9781305969308

Author:Richard L. Daft

Publisher:South-Western College Pub

Understanding Management (MindTap Course List)

Management

ISBN:9781305502215

Author:Richard L. Daft, Dorothy Marcic

Publisher:Cengage Learning

Principles of Management

Management

ISBN:9780998625768

Author:OpenStax

Publisher:OpenStax College

SEE MORE TEXTBOOKS

Recommended textbooks for you

Management, Loose-Leaf Version
Management
ISBN:9781305969308
Author:Richard L. Daft
Publisher:South-Western College Pub
Understanding Management (MindTap Course List)
Management
ISBN:9781305502215
Author:Richard L. Daft, Dorothy Marcic
Publisher:Cengage Learning
Principles of Management
Management
ISBN:9780998625768
Author:OpenStax
Publisher:OpenStax College