Application of Blockchain Technology in the Financial Institution

Briefly describe how this requested position relates to your program of study and how the experience gained will be directly and clearly used in your dissertation or thesis work. Please be sure to write clearly! (2pages)

future position: Information Security Engineer

job responsibilities as specified below:

Planning, researching and developing security policies, standards and procedures
Ability to identify potential threats, and develop mitigation plans to prevent occurrences
Develops strategies to respond to and recover from a security breach, then get to the root cause
Translates security and compliance requirements into tasks, prioritizes tickets, removes blockers, develops plans and roadmaps to support development
Conducts routine penetration testing and ensures such tests are built into the CI/CD pipeline
Demonstrates an understanding of how changes may impact software security and data privacy
Delivers formal documentation (i.e., System Security Plans, Version Description Document, contracts, application documentation) and translates complex technical terms for a wide variety of audiences
Committed to Compliance as Code. The provisioned infrastructure and application technology components web, application and database servers must pass automated compliance scans
Operates within the context of the full software development lifecycle and is an advocate for bringing a security perspective to business requirements
Takes a consultative and proactive approach to understanding requirements, designing effective processes, and identifying opportunities for improvement
program of study: Dissertation839

To facilitate efficient transactions and the safety of the transactions between the customer and the company, Blockchain technology has been developed to fill this gap. This has enabled the development of a better partnership between the partners and the company as it helps in the development of trust from the easy, safe, and convenient mode of transacting (Muneeza, Arshad&Arifin2018). Among the key applications of this technique is the development of trade finance platforms where various banks are utilizing the technology in the development of smart contracts between the participants.

Sample Solution