AIN3701 ASSIGNMENT 6: ACTIVITY 7.1
SEMESTER 2 - 2023
,Identification of 4IR Technologies:
1. Blockchain (and distributed ledger)
Blockchain is a decentralized and distributed digital ledger that records transactions across multiple
computers. It provides a secure and transparent way of storing and verifying data. Blockchain
technology enables peer-to-peer transactions without the need for intermediaries, ensuring trust and
immutability. It has applications in various sectors, including finance, supply chain management,
healthcare, and voting systems, offering enhanced security, efficiency, and transparency. These 4IR
technologies are driving significant advancements and transformations across industries, revolutionizing
the way we live, work, and interact. They have the potential to create new opportunities, improve
productivity, and solve complex challenges.
2. Artificial Intelligence (AI)
AI refers to the development of computer systems that can perform tasks that typically require human
intelligence. This includes activities such as speech recognition, problem-solving, decision-making, and
learning. AI technologies include machine learning, natural language processing, and computer vision. AI
has the potential to revolutionize industries by automating processes, improving efficiency, and enabling
new capabilities.
3. Internet of Things (IoT)
IoT refers to the network of physical devices, vehicles, appliances, and other objects embedded with
sensors, software, and connectivity, enabling them to collect and exchange data. These devices can
communicate with each other and with humans, creating a vast network of interconnected systems. IoT
has applications in various sectors, including smart homes, healthcare, transportation, and
manufacturing, enabling improved monitoring, control, and automation.
, PART 1 (4IR)
Introduction
In this report, we will explore and analyze the application of Fourth Industrial Revolution (4IR)
technologies to address various challenges and opportunities at Ikhishi Likagogo. Specifically, we
will identify five key 4IR technologies, provide explanations for each, and discuss their potential
implementation, benefits, and risks within the organization.
Explanation of Identified 4IR Technologies:
These explanations provide a foundational understanding of each technology's core concepts
and potential applications at Ikhishi Likagogo:
Artificial Intelligence (AI):
AI refers to the development of computer systems capable of performing tasks that typically
require human intelligence. These systems use algorithms and machine learning to analyze data,
identify patterns, and make decisions or predictions. AI applications range from chatbots and
virtual assistants to more complex tasks like image recognition, natural language processing, and
autonomous vehicles.
At Ikhishi Likagogo, AI could enhance customer service through chatbots, optimize supply chain
logistics, and provide data-driven insights for decision-making.
Blockchain:
Blockchain is a decentralized and distributed ledger technology that records transactions across
multiple computers in a secure and tamper-proof manner. Each block in the chain contains a
batch of transactions, and once added, they cannot be altered retroactively.
Blockchain is most well-known for its use in cryptocurrencies like Bitcoin, but it also has
applications in supply chain management, smart contracts, and secure data sharing.
In Ikhishi Likagogo's case, blockchain could ensure the integrity of supply chain data, track the
origin of ingredients, and enhance transparency in the baking process.
Robotics:
Robotics involves the design and creation of automated machines that can perform tasks with
varying levels of autonomy. Industrial robots are used in manufacturing processes, while
autonomous drones can be deployed for tasks like inventory management or delivery.
SEMESTER 2 - 2023
,Identification of 4IR Technologies:
1. Blockchain (and distributed ledger)
Blockchain is a decentralized and distributed digital ledger that records transactions across multiple
computers. It provides a secure and transparent way of storing and verifying data. Blockchain
technology enables peer-to-peer transactions without the need for intermediaries, ensuring trust and
immutability. It has applications in various sectors, including finance, supply chain management,
healthcare, and voting systems, offering enhanced security, efficiency, and transparency. These 4IR
technologies are driving significant advancements and transformations across industries, revolutionizing
the way we live, work, and interact. They have the potential to create new opportunities, improve
productivity, and solve complex challenges.
2. Artificial Intelligence (AI)
AI refers to the development of computer systems that can perform tasks that typically require human
intelligence. This includes activities such as speech recognition, problem-solving, decision-making, and
learning. AI technologies include machine learning, natural language processing, and computer vision. AI
has the potential to revolutionize industries by automating processes, improving efficiency, and enabling
new capabilities.
3. Internet of Things (IoT)
IoT refers to the network of physical devices, vehicles, appliances, and other objects embedded with
sensors, software, and connectivity, enabling them to collect and exchange data. These devices can
communicate with each other and with humans, creating a vast network of interconnected systems. IoT
has applications in various sectors, including smart homes, healthcare, transportation, and
manufacturing, enabling improved monitoring, control, and automation.
, PART 1 (4IR)
Introduction
In this report, we will explore and analyze the application of Fourth Industrial Revolution (4IR)
technologies to address various challenges and opportunities at Ikhishi Likagogo. Specifically, we
will identify five key 4IR technologies, provide explanations for each, and discuss their potential
implementation, benefits, and risks within the organization.
Explanation of Identified 4IR Technologies:
These explanations provide a foundational understanding of each technology's core concepts
and potential applications at Ikhishi Likagogo:
Artificial Intelligence (AI):
AI refers to the development of computer systems capable of performing tasks that typically
require human intelligence. These systems use algorithms and machine learning to analyze data,
identify patterns, and make decisions or predictions. AI applications range from chatbots and
virtual assistants to more complex tasks like image recognition, natural language processing, and
autonomous vehicles.
At Ikhishi Likagogo, AI could enhance customer service through chatbots, optimize supply chain
logistics, and provide data-driven insights for decision-making.
Blockchain:
Blockchain is a decentralized and distributed ledger technology that records transactions across
multiple computers in a secure and tamper-proof manner. Each block in the chain contains a
batch of transactions, and once added, they cannot be altered retroactively.
Blockchain is most well-known for its use in cryptocurrencies like Bitcoin, but it also has
applications in supply chain management, smart contracts, and secure data sharing.
In Ikhishi Likagogo's case, blockchain could ensure the integrity of supply chain data, track the
origin of ingredients, and enhance transparency in the baking process.
Robotics:
Robotics involves the design and creation of automated machines that can perform tasks with
varying levels of autonomy. Industrial robots are used in manufacturing processes, while
autonomous drones can be deployed for tasks like inventory management or delivery.
