In chapter 3, the author describes eight core functions of the global financial
Question # 00772902
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Updated on: 08/06/2020 01:40 PM Due on: 08/06/2020
In chapter 3, the author describes eight core functions of the global financial service sector which blockchain technology will likely change. Create a new thread, choose one of the core functions described in chapter 3, and explain why it is important in moving today’s economy forward, and provide at least two real examples of the chosen core function being changed by blockchain technology today.
Eight Core Functions are:
1. Authenticating Identity and Value
2. Moving Value
3. Storing Value
4. Lending Value
5. Exchanging Value
6. Funding and Investing
7. Insuring Value and Managing Risk
8. Accounting for Value
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Solution: In chapter 3, the author describes eight core functions of the global financial