Part 1 International Monetary System [15 marks]
In this part of the assignment, you will be investigating the Blockchain Technology and
cryptocurrency market.
1) What are the opportunities and challenges in regards to applying Blockchain technology to
the financial industry? (2 marks)
2) Using daily close data, please plot the following two exchange rates in the same chart:
i) exchange rate between VEF (Venezuelan Bolivar) and USD from 1 July 2013 and 1
July 2018; and
ii) exchange rate between Bitcoin (BTC) and USD from 1 July 2013 and 1 July 2018;
Indicate one specific point on each of these two lines where the trend changes, and provide
some reason(s) why this is the case.
(Hint: Please clearly mark the legend and the relevant information on the axes, and
provide data sources. You can use the left axis for the VEF/USD exchange rate, while
using the right axis for the BTC/USD exchange rate. Please note that you should create a
chart on your own rather than copying from other sources.). (4 marks) Document Preview:

FINM 7406 Individual Assignment Due date: 11am on 11 October 2018 (Thursday) Weight: this assignment is out of 20 marks and is worth 20% of your final grade YOUR INSTRUCTIONS • There are two parts to this assignment. a) For Part 1: You will need to upload your assignment via the link on Blackboard. The file must be in PDF. You can submit your assignment multiple times until the due date. However, only the last submission will be marked. You would also need to submit this file through TurnItIn for plagiarism analysis (see more information below). b) For Part 2: you need to submit your designed Excel Spreadsheet via the link on Blackboard. • Please make sure you have your full name and student number on every page of your assignment (i.e., insert a Header). • Your Word document should be typed in Times New Roman font, size 12. The assignment should be double spaced and have margins of 2.54 cm. • Teaching staff will not answer any questions regarding the assignment as this gives students an unfair advantage over others. However, you may post any questions to the assignment discussion board on BlackBoard and they will be answered there. • Note that your assignment will be analysed for plagiarism using TurnItIn. Once you are satisfied with the TurnItIn similarity report for your PDF file, that copy becomes your final copy. See for instructions https://www.library.uq.edu.au/library-services/turnitin-assignments (link on BB with assignment) • Late submissions will lose marks as per the ECP. • Please ensure you reference appropriately and correctly. • Please start each question on a separate page. • In terms of word count, please use a maximum of 150 words per mark as a guide. For example, 2 marks = 300 words max)Part 1 International Monetary System [15 marks] In this part of the assignment, you will be investigating the Blockchain Technology and cryptocurrency market. 1) What are the opportunities…

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FINM7406-Sem2….pdf

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