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Types of Costs That Blockchain Technology Can Reduce

In chapter 4, the author describes four types of costs that blockchain technology can reduce. Which of the four cost types, if reduced through blockchain technology, would most impact the organization for which you currently work? What would be the most visible impact on your job role? How could you minimize any negative impact?

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1. Search Costs—How Do We Find New Talent and New Customers?

2. Contracting Costs—What Do We Agree to Do, Anyway?

3. Coordination Costs—How Should We All Work Together?

4. Costs of (Re-)Building Trust—Why Should We Trust One Another?

Homework For You

Strictly follow the instruction.

APA format.

References are required

Begin with a title page (1)

Introduction Page (2)

All written assignments must comply with APA Format. Any assignment that does not comply with the APA format will receive a point deduction. Assignments in this class have a minimum weighting on formatting using APA of 20% .

In-Text APA is required.

A minimum of 3 paragraphs required for the weekly journal

Conclusion

Reference list

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