Degree Name

BS

Department

Management

College

Marriott School of Management

Defense Date

2018-02-26

Publication Date

2018-04-16

First Faculty Advisor

James B. Oldroyd

First Faculty Reader

David J. Bryce

Honors Coordinator

Mark H. Hansen

Abstract

This thesis introduces blockchain, the underlying technology of cryptocurrencies such as Bitcoin, and discusses how best to conceptualize it relative to other technologies. Following an explanation of the fundamentals of blockchain, also known as the distributed ledger, I identify the characteristics of the technology. Building upon blockchain’s inherent strengths and limitations, I explore potential business applications of blockchain. Finally, I recommend that leaders continue to track the development and adoption of blockchain technology, even if they decide that implementing it does not align with their organization’s strategy at present.

Handle

http://hdl.lib.byu.edu/1877/uht0019

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