Blockchain technology - Study guides, Class notes & Summaries

What is blockchain? - Answer- Blockchain is an encrypted, distributed database shared across multiple computers or nodes that are part of a community or system. What makes it one of the most exciting technologies? - Answer- Its ability to reduce the possibility of security breaches by even its own operators. How does blockchain reduce the possibility of security breaches? - Answer- In a traditional implementation, a rogue administrator can potentially change historical transactions because...

BLCN 531 Midterm Exam Questions and Answers - University of the Cumberlands What term refers to a device or software system that collects environmental information and makes independent decisions. Autonomous agent Distributed agent Isolated entity Environment-sensing collector Question 2 What blockchain implementation resulted from bitcoin’s rejection of a recommendation to enhance its scripting language support? Ethereum Hyperledger Fabric Multichain IOTA Question 3 Blockchai...

What is Fintech? correct answers Use of technology to solve financial services problems Financial Services correct answers ◦Commercial Banking ◦Lending ◦Payments ◦Investment Banking ◦Wealth Management ◦Insurance and Credit ◦Financial Regulation Application Programming Interface (API) correct answers A software interface enabling two or more computer programs to communicate Artificial Intelligence (AI) and Machine Learning correct answers Use of computers to detect tr...

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...

Test Bank for Accounting Information Systems 4e 4th Edition by Vernon Richardson, Chengyee Chang and Rod Smith. Chapter 1: Accounting Information Systems and Firm Value Chapter 2: Data Analytics: Addressing Accounting Questions with Data Chapter 3: Data Analytics: Data Visualizations Chapter 4: Accountants as Business Analysts Chapter 5: Data Modeling Chapter 6: Relational Databases and Enterprise Systems Chapter 7: Sales and Collections Business Process Chapter 8: Purchas...

BLOCKCHAINS AND SMART CONTRACTS There are several kinds of blockchains, and to provide more general insights in this project we take a broad view. For example, the Bitcoin system is a ‘public blockchain’, which allows unfettered public participation in both its operation and use. Other well-known systems, such as the Ethereum [16] blockchain, are similar in this regard. It is possible to use a separate instantiation of the Bitcoin or Ethereum computer programs to operate a b...

Solution Manual for Accounting Information Systems, 4th Edition by Vernon Richardson. Chapter 1: Accounting Information Systems and Firm Value Chapter 2: Data Analytics: Addressing Accounting Questions with Data Chapter 3: Data Analytics: Data Visualizations Chapter 4: Accountants as Business Analysts Chapter 5: Data Modeling Chapter 6: Relational Databases and Enterprise Systems Chapter 7: Sales and Collections Business Process Chapter 8: Purchases and Payments Business Process Chapter 9: Conve...

--- must provide import documents electronically to the Customs agency prior to loading or arrival : carriers ----- impact customer satisfaction, supply chain performance, and organizational success. : routing practices According to a study by Stanford University, cross border trade processes can involve up to 106 steps. What problem does this cause? Opportunities for freight delays Higher order fill rates Greater in-transit visibility Lower inventory carrying costs : Opportunitie...

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...

Test Bank for MIS 10e 10th Edition by Hossein Bidgoli. ISBN-13: 8697 Full chapters test bank PDF Part 1: Fundamentals of Information Systems Chapter 1: Information Systems in Business 1-1 Computers and Information Systems in Daily Life 1-2 Computer Literacy and Information Literacy 1-3 The Beginning: Transaction-Processing Systems 1-4 Management Information Systems 1-5 Major Components of an Information System 1-6 Using Information Systems and Information Technologies 1-7 The IT J...