Prepare a one page APA style paper about Plagarism

Paraphrase

and

cite

at

the

following

passage

s

.

Try

not

to

look

back

at

the

original

passage

after

you

have

read

and

understood

it.

Also,

use

a

formal,

third

person

writing

style

in

your

paraphrased

passage.

This

means

do

not

use

first

person

pronouns

(I,

me,

we,

us,

our,

my,

etc.)

or

second

person

pronouns

(you,

your)

.

Passage

#

1

“Blockchain

matters

because

no

business

operates

in

iso

lation.

Multiple

institutions

can

achieve

more

together

than

any

single

institution

can

alone.

By

implementing

business

processes

that

leverage

the

collective

knowledge

of

the

group,

processes

can

become

orders

of

magnitude

more

cost

efficient.

New

process

es,

processes

that

were

not

possible

before

blockchain,

can

be

created.

This

opens

up

new

opportunities

and

can

create

a

competitive

advantage

for

many

businesses”

(Arun,

Cuomo

&

Gaur,

2019,

p.

4)

.

Passage

#

2

“Organizations

offering

group

benefits

often

re

ly

on

a

complex

network

of

administrators,

providers,

employees,

and

others

to

manage

those

benefits.

Different

versions

of

the

same

data

require

consolidation

to

ensure

eligibility

and

access

to

benefits.

For

example,

IBM

blockchain

can

be

the

vital

link

across

a

vast

ecosystem

of

third

-

party

administrators

and

service

provider

networks.

Its

shared

ledger

transparency

can

help

employers

reduce

errors,

which

results

in

improved

claims

processing,

better

provider

management,

and

lower

operational

expenses”

(

Arun,

Cuomo

&

Gaur,

2019,

p.

31

-

32)

.

Passage

#

3

“Essentially,

many

industries

seem

to

be

looking

at

blockchain

as

a

technology

platform

that

will

either

transform

the

industry

(by

improving

cost

-

efficiency,

compliance

costs,

transparency,

and

so

on)

or

dis

rupt

it

(though

disintermediation,

creation

of

new

intermediaries,

co

-

creation

models,

and

so

on).

In

either

case,

blockchain

is

a

network

of

participants

that

form

the

ecosystem

and

coordinated

decision

making

process

to

achieve

transaction

finality

and

t

o

facilitate

a

platform

that

fosters

co

-

creation

between

the

network

participants.

As

blockchain

networks

evolve

and

grow,

and

new

participants

are

added

or

removed,

the

dynamics

of

the

network

will

undoubtedly

change,

and

bilateral

and

multilateral

relati

onships

may

emerge.

These

changes

are

largely

driven

by

static

bilateral

or

multilateral

engagements

that

are

enforced

by

chaincode

or

smart

contracts”

(Arun,

Cuomo

&

Gaur,

2019,

p.

93)

.

Passage

#

4

“The

goal

of

technology

infrastructure

governance

is

to

su

pport,

adapt,

and

complement

the

blockchain

business

network’s

objectives.

In

a

blockchain

network,

as

opposed

to

a

centralized

entity,

these

tasks

can

be

challenging

because

the

governance

framework

should

focus

on

specifying

an

accountability

framework

t

o

encourage

necessary

behavior.

In

this

setting,

the

functioning

of

the

IT

infrastructure

that

enables

deployment

and

operation

of

that

infrastructure

is

defined

as

the

foundational

layer

of

the

blockchain

network.

Many

best

practices

frameworks,

such

as

I

nformation

Technology

Infrastructure

Library

(ITIL)

and

Governance,

Risk,

and

Compliance

(GRC),

have

already

laid

a

strong

foundation

for

blockchain

networks

to

build

upon

and

create

a

blockchain

specific

technology

governance

structure”

(Arun,

Cuomo

&

Gau

r,

2019,

p.

110)

.

.

Passage

#

5

“With

blockchain,

we

can

reimagine

many

of

the

world’s

most

fundamental

business

processes

and

open

the

door

to

new

styles

of

digital

interaction

that

we

have

yet

to

imagine.

Today,

blockchain

is

fulfilling

its

potential

of

v

astly

reducing

the

cost

and

complexity

of

getting

things

done

across

industries

and

government.

Blockchain

is

certainly

here

for

good.

The

term

‘for

good’

has

a

double

meaning:

It

implies

that

blockchain

is

not

a

passing

fad,

and

it

suggests

that

blockchai

n

is

providing

a

foundation

of

trust

that

is

delivering

a

social

good

-

namely,

significantly

reducing

the

various

pestilences

afflicting

digital

business,

including

counterfeiting,

digital

surveillance,

and

identity

theft”

(Arun,

Cuomo

&

Gaur,

2019,

p.

16

3)

.

Source:

Arun,

J.

S.,

Cuomo,

J.,

&

Gaur,

N.

(2019).

Blockchain

for

Business.

New

York:

Pearson

Addison

-

Wesley

.

Paraphrase and cite at the following passages. Try not to look back at the original passage after you have

read and understood it. Also, use a formal, third person writing style in your paraphrased passage. This

means do not use first person pronouns (I, me, we, us, our, my, etc.) or second person pronouns (you,

your).

Passage #1

“Blockchain matters because no business operates in isolation. Multiple institutions can achieve more

together than any single institution can alone. By implementing business processes that leverage the

collective knowledge of the group, processes can become orders of magnitude more cost efficient. New

processes, processes that were not possible before blockchain, can be created. This opens up new

opportunities and can create a competitive advantage for many businesses” (Arun, Cuomo & Gaur, 2019,

p. 4).

Passage #2

“Organizations offering group benefits often rely on a complex network of administrators, providers,

employees, and others to manage those benefits. Different versions of the same data require

consolidation to ensure eligibility and access to benefits. For example, IBM blockchain can be the vital

link across a vast ecosystem of third-party administrators and service provider networks. Its shared ledger

transparency can help employers reduce errors, which results in improved claims processing, better

provider management, and lower operational expenses” (Arun, Cuomo & Gaur, 2019, p. 31-32).

Passage #3

“Essentially, many industries seem to be looking at blockchain as a technology platform that will either

transform the industry (by improving cost-efficiency, compliance costs, transparency, and so on) or

disrupt it (though disintermediation, creation of new intermediaries, co-creation models, and so on). In

either case, blockchain is a network of participants that form the ecosystem and coordinated decision

making process to achieve transaction finality and to facilitate a platform that fosters co-creation between

the network participants. As blockchain networks evolve and grow, and new participants are added or

removed, the dynamics of the network will undoubtedly change, and bilateral and multilateral

relationships may emerge. These changes are largely driven by static bilateral or multilateral

engagements that are enforced by chaincode or smart contracts” (Arun, Cuomo & Gaur, 2019, p. 93).

Passage #4

“The goal of technology infrastructure governance is to support, adapt, and complement the blockchain

business network’s objectives. In a blockchain network, as opposed to a centralized entity, these tasks

can be challenging because the governance framework should focus on specifying an accountability

framework to encourage necessary behavior. In this setting, the functioning of the IT infrastructure that

enables deployment and operation of that infrastructure is defined as the foundational layer of the

blockchain network. Many best practices frameworks, such as Information Technology Infrastructure

Library (ITIL) and Governance, Risk, and Compliance (GRC), have already laid a strong foundation for

blockchain networks to build upon and create a blockchain specific technology governance structure”

(Arun, Cuomo & Gaur, 2019, p. 110).

.

Passage #5

“With blockchain, we can reimagine many of the world’s most fundamental business processes and open

the door to new styles of digital interaction that we have yet to imagine. Today, blockchain is fulfilling its

potential of vastly reducing the cost and complexity of getting things done across industries and

government. Blockchain is certainly here for good. The term ‘for good’ has a double meaning: It implies

that blockchain is not a passing fad, and it suggests that blockchain is providing a foundation of trust that

is delivering a social good - namely, significantly reducing the various pestilences afflicting digital

business, including counterfeiting, digital surveillance, and identity theft” (Arun, Cuomo & Gaur, 2019, p.

163).

Source: Arun, J. S., Cuomo, J., & Gaur, N. (2019). Blockchain for Business. New York: Pearson Addison-

Wesley.