Blockchain Development Final Project

Blockchain Development Final Project

This final project gives you the opportunity to review what youve learned throughout the

semester and present a range of topics in the form of a policy that describes how participants

can join your business network, and the benefits of doing so. The overall purpose of your policy

should be to create interest in your business network and its applications, along with a

description of the onboarding process and ongoing benefits to members.

Create a membership policy that describes the benefits and requirements of membership in

your Letter of Credit business network. Your policy should be no less than 1000 words and no

more than 1500 words. The document you submit should in Microsoft Word format (.doc or

.docx) and be named using the following criteria:

BLCN532_SECTION_STUDENTID_LASTNAME_FIRSTNAME_Project.docx

SECTION is the section number of your current course (2 digits)

STUDENTID is your (with leading zeros)

LASTNAME is your last name

FIRSTNAME is your first name

Your policy should include the following:

1) Purpose statement of the Letter of Credit business network

2) Description of the current (base) network (participants and functionality)

3) Brief description of upcoming features in the next quarterly release. (Be creative, but

realistic here. Think about what the existing Letter of Credit application does, and what

features youd like to add that would increase the applications usefulness and value.

Analyzing current functionality and determining which features would best meet

business needs will be a big part of assessing this assignment.)

4) Description of application upgrade process that may impact application availability and

member business processes. (i.e. How does the business network organization plan to

deploy new software features without causing substantial service interrruptions?)

5) List of rights and benefits for participants (how does each member benefit and what

data/services are available for each member)

6) Membership requirements for new members (minimum security requirements,

approval process, and authorities,

that new members must accept and agree to)

7) Description of fees for participation and service access

8) Minimum member resource contributions to the business network

9) Process for ending participation in the business network

10) Process for resolving disputes, including appealing the outcome of a resolved dispute.

11) Course of action to initiate an application for membership

Background content for items 1 and 2 will come from your text. Other items will be a

combination of content from your text and extrapolation based on what you’ve learned this

semester. to #3. That one requires that you carefully consider how

enhancing the application can help it better align with member (and prospective member)

business goals. The purpose of this project is to digest the material you’ve learned throughout

this semester into a white paper that could be used to recruit potential business network

members, as well as provide details of the rights and responsibilities of business network

members.

Your policy document should present a clear and concise description of the benefits of being a

business network member, why blockchain technology provides superior benefits to solutions

based on other technologies, and the onboarding process and expectations once membership is

approved. The overall goal is to give you an opportunity to demonstrate that you understand

how this example blockchain technology use case implementation aligns with existing, and

prospective, member business goals.

Your paper must be in APA format, including citations and references, but Im not particularly

concerned with the specific format you select for the papers body.