FIN385: Analyze the Landscape of the Most Popular 100 Cryptocurrencies: Blockchain Technology and Smart Contract for Finance Assignment, SUSS, Singapore

Question 1

Analyze the landscape of the most popular 100 cryptocurrencies based on the site on www.coinmarketcap.com. Develop a simple categorization and categorize the cryptocurrencies into at least three (3) main categories. The three categories that must be included are cryptocurrencies as digital assets (e.g., store of value), cryptocurrencies for platform/blockchain economies, and cryptocurrencies as utility tokens. Show your categorization clearly. You will be graded based on the granularity of your categorization.

Question 2

Describe the category for cryptocurrencies as digital assets. Use one (1) cryptocurrency as an example and discuss your reasons for choosing that cryptocurrency for this category. Analyze how cryptocurrencies as a digital asset could play an important role (or not) in the current global economy. The current global economy, in this context, is referring to phenomenon such as the US/China Trade War or/and COVID-19 crisis. Your findings must be properly justified and backed by facts and references.

Question 3

Describe the category for cryptocurrencies for platform/blockchain economies. Use one (1) cryptocurrency as an example and discuss your reasons for choosing that cryptocurrency for this category. Explain how cryptocurrencies for platform/blockchain economies could play an important role in those platforms to be alive and active. Appraise the importance and the role of these platforms in disrupting or enhancing business efficiencies in the industry.

Question 4

Describe the utility token category. Use one (1) cryptocurrency as an example and discuss your reasons for choosing that cryptocurrency for this category. Examine how cryptocurrencies as a utility token could play an important role to promote eCommerce, and thus influencing the eCommerce industry, future market or consumer behavior trend.

Question 5

Examine the relationship between the cryptocurrencies and blockchain. Some guidelines:

• Is the cryptocurrency enabling the blockchain or the other way round?
• If the cryptocurrency enables the blockchain, what is the role of blockchain and why is the cryptocurrency important in enabling the blockchain?
• If the blockchain enables the cryptocurrency, what are the characteristics of blockchain that enables the cryptocurrency to function as it is?