What are pros and cons, strengths and weaknesses.

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Please refer to the below general sections. Please segment them accordingly. Please use oscola based footnotes.
Section 1 – The nature of 1) Block chain, 2) Decentralized finance, 3) Smart Contract, 4) Virtual Currencies and Assets
• What is the technology, How it works. What are the latest trends in it. What are the security protocols and safeguards? What are pros and cons, strengths and weaknesses.
• Who are the key players. Who is blockchain forensics.
• Value proposition/utility and different applications of the technologies.
• Why are there risks to it and critically analyze them.
Useful books. Refer to Different authors in the book and their citations for explanations
https://www.e-elgar.com/shop/gbp/fintech-9781800375949.html
https://link.springer.com/book/10.1007/978-3-030-88036-1
https://terrorgum.com/tfox/books/investigatingcryptocurrencies.pdf
Useful articles/reports uploaded. (check out “implementing a protocol manged cryptocurrency” Article. As well as Ciphertrace, Ellipitic and Chainalysis, IRS Reports.
Section 2 –legal framework and classification
• Different definition between custodians and different currencies, privacy coins, alt coins, stable coins, crypto, CBDC.
• Legal framework for different definitions and uses
• Requirements for legal tender and/or regulatory landscape for usage/exchange. (brokers, independent contractors, exchanges).
• Banking and Financial institutional regulation for the Blockchain/cryptocurrencies.
• Any and all AML regulation/safeguards specific to the blockchain, virtual currencies and best practices.
Section 3 – In-Depth trends in money-laundering specific to the technology gathered from literature, reports and case studies
• Risks of money-laundering. Statistics on this.
• Utility in money-laundering. Statistics on this.
• Case study examples of money-laundering.
• Ransomware, darknet, scams, exploitation, etc.
Section 4 – Academic Analysis
• Academic literature discussions, Critical analysis, synergy and/or conflict. Must be coherent and extensive covering latest literature in the space. Refer to books referenced earlier.
Useful links, articles, reports.
https://cointelegraph.com/tags/defi
https://decrypt.co/95240/several-hundred-thousand-crypto-addresses-linked-to-sanctioned-russian-actors-elliptic
https://valkyrieinvest.com/wp-content/uploads/2022/02/Bitcoin-An-Asset-Mature-Valkyrie.pdf

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