Explain blockchain in detail to the ceo


Problem

About the company:

MEDASIA is a growing medical research company consisting of six branches: Thailand (main) branch, the Philippines and Indonesia branch. Each branch has six departments and there are approximately 40 employees per department. The Thailand branch has 2 mail servers, 3 web servers, and 3 database servers. The Indonesia branch is a smaller branch, so it has only 1 mail server and 1 database server. All branches have high-speed networks; however, weekday traffic can be quite heavy. This is especially true for the Thailand branch.

Cloud Computing and Blockchain for Handling the Company's Data

As you were already informed, the CEO wants to keep her company's valuable data secure. She told you that she has heard about Cloud Computing and blockchain, and as a result, she wants to know if they could be used to keep the company's data secure. For this part, you are required to:

1) Explain the possibility of employing Cloud Computing (CC) for the company to protect valuable data.

2) You must recommend a kind/s of CC service/s to be used for the company's data as well as how data may be sent to an authorised partner securely using the Cloud. You will have to justify why you recommend such CC service/s over the other services.

3) Explain blockchain in detail to the CEO. Furthermore, list and describe any drawbacks andadvantages of employing blockchain in general.

4) You are to advise the possibility of using Blockchain to keep the company's data secure and whether blockchain is suitable for this purpose. Explain any drawbacks and advantages of employing blockchain within the company.

5) You will have to explicitly make a recommendation and justification on employin g blockchain for storing the company's data.

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Computer Engineering: Explain blockchain in detail to the ceo
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