https://cdn.steemitimages.com/DQmQTv2HDxayWVWZdD1iFjoDmuLYaHKfbPqG3CTpVJBWWUQ/png_20220910_145538_0000.png _{**image [source](https://pixabay.com/es/illustrations/blockchain-criptomoneda-finanzas-3206918/) edited on [Canva](https://www.canva.com/join/jgv-jmf-grm)**}

Introduction

https://cdn.steemitimages.com/DQmXqDFbMNGZWDgoQ3dB8hnN84drAfPUPe4mn7nP91YadXQ/Screenshot_1.png

Steem greetings to everyone in Steemit Crypto Academy community, we hope everyone enjoyed participating in the Week2 of our contest last week. We are now starting the week 3 of these engagenment challenges from tomorrow Monday 12th at exactly 00:00 UTC. We are very grateful for the support of all of you who have been participating and engaging with others which is the essence of this engagement challenge. We welcome you to join in this week's challenge and contribute from your experience, as well as interact with your peers by leaving relevant comments and upvotes. This week we will be focusing on blockchain technology in business and finance, we want to read your understanding in this area ---

Contest theme: Understanding Blockchain Technology In Business And Finance

This week, the quiz we will be tackling is about having an understanding of Blockchain technology in business and finance. We are now in the modern world and we have been experiencing how blockchain technology have altered the world's financial economy system from how the central bank conduct their monetary policy hence making us to view business and finance in another dimension. This is because cryptocurrency have started functioning in blockchain financial space and so many business opportunities are now correlated with how tokens are being secured in business sectors ---

What is expected in the Contest?

- Explain in your own words, how the blockchain can be used in business and finance? - Explain in you own words the applications of blockchain in business and finance? - What is the goal of blockchain applications in finance and business and how does cryptocurrency affect business? - What is the future of cryptocurrency in business and finance sector. Also give some examples of blockchain applications that are being used in business and finance? ---

Contest Guidelines

• Post your articles in the Steemit Crypto Academy community. The participation time is between **Monday, September 12th, 2022, 00:00 UTC to Sunday, September 18th, 2022, 23:59 UTC.** • The article should be at minimum **500** words. You can write more. Your article must be free of any form of plagiarism. • Your article title should be **Steemit Crypto Academy Contest / S4W3 - Understanding Blockchain Technology In Business And Finance by** @username. Add the tag #cryptoacademy-s4w3 and other relevant tags. • Participants must be appropriately following #club5050 or #club75 or #club100. • The community moderators would be leaving quality assessments on your articles and probable upvotes. • In addition, your article must get at least **10 upvotes** and **5 valid comments** to count valid in the contest, so ensure you interact with other users' entries. Do not be involved in vote-buying. --- **Rewards** • SC01 would be checking on the entire 7 participating communities and upvoting outstanding content. **Upvote is not guaranteed for all articles**. Kindly take note. • At the end of the week, we would nominate **top 3** users that had performed well in the contest and they would be eligible for votes from **SC01/SC02**. --- **Important Notice:** The nomination of the **top 3** users in our community is not based on good grades alone, it includes their general engagements (quality and quantity of their interactions with other users' articles) to measure the overall performance. Also note that generally, you can only make **one post per day** in the Steemit Engagement Challenge. ---

Conclusion

Blockchain technology have been a success in so many areas in business and finance technological architecture and many projects have been critically handled and solve hence making businesses to grow and expand in this our modern area We are looking forward to your participation and we wish you many success in the contest.

--- Cc:- @steemitblog