DITF403 CRYPTO-CURRENCY AND BLOCKCHAIN JULY-AUGUST 2025

Description

SESSION	JULY-AUGUST 2025
PROGRAM	MASTER OF BUSINESS ADMINISTRATION (MBA)
SEMESTER	IV
COURSE CODE & NAME	DITF403 CRYPTO-CURRENCY AND BLOCKCHAIN

 

 

Assignment Set – 1

 

 

Q1. a. How does a cryptocurrency differ from traditional forms of currency? 

1. What is Bitcoin and how does it work? 5+5

Ans 1.

1. Difference Between Cryptocurrency and Traditional Currency

Traditional currency, also known as fiat money, is issued and regulated by a central authority such as a government or central bank. Examples include the Indian Rupee or the US Dollar. The value of fiat currency is backed by government trust and economic stability. All transactions using traditional currency are processed through centralized financial institutions like banks, which maintain records, verify transactions, and control money supply. This centralized control allows governments to implement monetary policies, but it also introduces

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Q2. a. How does an ERP system handle data integration and synchronization across different departments?

1. How does blockchain technology improve data transparency and trust compared to a centralized database used in ERP systems? 5+5

Ans 2.

1. ERP Data Integration and Synchronization Across Departments

An Enterprise Resource Planning (ERP) system is designed to integrate data from multiple departments into a single unified platform. Departments such as finance, human resources, supply chain, sales, and production operate on the same centralized database, ensuring that information is consistent and updated in real time. When data is entered or modified in one department, it automatically reflects across all other relevant modules, eliminating

 

 

Q3. a. Are there any specific industries or sectors that have successfully implemented blockchain and ERP together?

1. What role does consensus play in blockchain technology, and how does it differ from the decision-making process in an ERP system? 5+5

Ans 3.

1. Industries Successfully Implementing Blockchain with ERP Systems

Several industries have successfully integrated blockchain technology with ERP systems to enhance transparency, traceability, and operational efficiency. The supply chain and logistics sector is one of the most prominent examples. Large manufacturing and retail organizations use blockchain alongside ERP platforms to track goods from raw material sourcing to final delivery. While ERP systems manage inventory, procurement, and invoicing internally, blockchain records each movement of goods on a shared ledger, ensuring tamper-proof

 

 

Assignment Set – 2

 

Q1. a. How does the CAP theorem impact the design and operation of blockchain networks?

1. How does blockchain ensure the security of transactions? 5+5

Ans 1.

1. Impact of CAP Theorem on Blockchain Network Design

The CAP theorem states that a distributed system can achieve only two out of three properties: Consistency, Availability, and Partition Tolerance. This theorem significantly influences the design and operation of blockchain networks, which are inherently distributed systems.

Blockchain networks must be partition tolerant because they operate across geographically

 

 

Q2. a. How does consensus work in a blockchain network?

1. What are the potential future developments in the blockchain technology landscape? 5+5

Ans 2.

1. How Consensus Works in a Blockchain Network

Consensus in a blockchain network refers to the process through which distributed participants agree on the validity of transactions and the current state of the ledger. Since blockchain operates without a central authority, consensus mechanisms replace the role traditionally played by banks or administrators in approving transactions. Every transaction proposed to the network must be verified according to predefined rules before it is added to the blockchain.

When a transaction is initiated, it is broadcast to multiple nodes in the network. These nodes

 

 

Q3. a. Explain the concept of smart contracts and their role in automating transactions in the supply chain.

1. How does blockchain technology ensure the immutability and integrity of land registry records, preventing unauthorized changes and reducing the risk of fraud? 5+5

Ans 3.

1. Smart Contracts and Automation in the Supply Chain

Smart contracts are self-executing digital agreements stored on a blockchain that automatically perform predefined actions when specific conditions are met. Unlike traditional contracts, which require manual enforcement and intermediaries, smart contracts operate through computer code and execute transactions without human intervention once conditions are satisfied.

In the supply chain, smart contracts play a critical role in automating transactions and