What is blockchain - Study guides, Class notes & Summaries

What are 5 technologies that can be used to create a competitive advantage? - Answer-1) internet of things (IoT) 2) blockchain 3) AI 4) robotics/automations 5) 3d printing What are the 3 biggest roadblocks to making a company a digital business? - Answer-1) company culture 2) legacy technologies/applications 3) access or usability of data What is the overarching goal of supply chain information technology in supply chain management - Answer-plan, execute, and control SCM in real time...

What Can a Blockchain Do? - Answer Financial institutions have financed the disruption of countless industries over the last 30 years; they have an idea of what a revolutionary technology can do to static incumbents. So, to stay ahead of change, banks have been proactive in setting up R&D labs, building test centers and establishing partnerships with blockchain developers to fully understand the revolutionary potential of the technology. Financial institutions were the first to dip their f...

4 steps to future proof your career - Answer-1) Become Tech Fluent 2)Get ready for lifelong learning 3)Accept change as the new normal 4)Hone your unique, human skills 5 skills to future proof your career - Answer-1) Trend Spotting 2) Collaborating in new ways 3) Building brands 4) Developing your emotional intelligence 5) Learning next-level technology A bias that is an issue with artificial intelligence (AI) systems where biases can be created within AI systems and then become amplif...

______ was the cryptocurrency blockchain was initially created to support. - ️️BTC "What many people often do not understand is that what is _______ is not always ______." - ️️Legal, Ethical 1. Waterfall - ️️is the systems development methodology that focuses on completing the systems development steps sequentially (complete one phase and then move on tot eh next) without backtracking or repeating any step 2. Agile - ️️is the systems development methodology that focuses on i...

Test Bank for Accounting Information Systems, 1st Edition by Arline A. Savage Course Accounting Information Systems Institution Accounting Information Systems Test Bank for Accounting Information Systems: Connecting Careers, Systems, and Analytics, 1st Edition 1e by Arline A. Savage, Danielle Brannock, Alicja Foksinska. Full Chapters test bank are included - Chapter 1 to 19 1 Accounting as Information 1.1 Why Is Accounting Information Important? 1-2 1.2 How Have Accounting Information Syste...

Test Bank for Accounting Information Systems: Connecting Careers, Systems, and Analytics, 1st Edition 1e by Arline A. Savage, Danielle Brannock, Alicja Foksinska. Full Chapters test bank are included - Chapter 1 to 19 1 Accounting as Information 1.1 Why Is Accounting Information Important? 1-2 1.2 How Have Accounting Information Systems Evolved? 1-12 1.3 How Does Management Use Information? 1-18 1.4 What Is the Relationship Between Accounting and Data Analytics? 1-23 2 Risks and Risk Assessments...

A long term proposal that identifies new systems, new projects, or new directions for the IS organization is an example of: Answer - A strategic initiative Which of the following is not an advantage offered by the information system planning process? Answer - The information systems plan is an informed contract that specifies the objective of information systems deployment and the responsibilities of the parties involved The following statement: "We will store data centrally for all missi...

___ is the systems development methodology that focuses on completing the systems development steps sequentially (complete one phase and then move on tot eh next) without backtracking or repeating any step - ️️Waterfall ___ is the systems development methodology that focuses on iterative stages of defining, building, and releasing features of a system (thus producing a succession of releases) - ️️Agile ___ of all cyber attacks are successful. - ️️50% _____ of attack on blockchain....

Why did Satoshi Nakamoto design Bitcoin? correct answers *To allow two willing parties to transact directly without the need for a trusted third party. *To create a payments system that wasn't reversible. *To solve the double spending problem by using a peer-to-peer network. What happens if the owner of a Bitcoin loses their private key? correct answers They won't be able to recover the Bitcoin. What would fractional reserve banking in a cryptocurrency do? correct answers It could incr...

What are 3 accelerators of the FinTech Industry? correct answers 1. Loss of consumer trust in financial institutions 2. Free software, cloud computing, connectivity 3. Generation change - Millennials What is the difference between FinTech and TechFin? correct answers FinTech is a financial service company using technology (LendingClub), while TechFin is a tech company providing some financial services (Apple) What are the 6 "flavors" of FinTech? correct answers 1. P2P lenders (ie. Lend...