Monday, December 23, 2019

Digital Asset And Payment System - 1597 Words

Introduction The music industry is historically very slow in adjusting to the technological innovations. The idea of the internet currency has been around for 7 years (Davis, 2011). Despite its ups and downs it managed to attract attention of leading economists and businessmen around the world and created new opportunities in the variety of industries. Recently, Bitcoin, the most popular digital asset and payment system, along with its public ledger Blockchain started being considered as a remedy for the music industry. The upcoming global discussion is inevitable as the idea of engaging both of these developments gets wildly spread by its early evangelists from the industry, both professionals and artists. One of the most active representatives of this movement is a CEO and Co-Founder of Pledge Music, Benji Rogers, whose article on possible utilisation of blockchain in a new music format became a popular piece among industry professionals and gave him an opportunity to present the idea at the renowned music and technology conferences. He claims that with a proper usage of the blockchain, online music platforms would be more efficient in providing royalties to the artists due to minimum viable data attached to each file, while artist would be able to track usage of their song and revenue from them in real time (Rogers, 2015). Imogen Heap, a singer and producer, tried a similar approach for the release of her single â€Å"Tiny Human† (Bartlett, 2015). The experimental releaseShow MoreRelatedThe Contribution Of The Creation Of Money Essay1665 Words   |  7 PagesMillennials are accustomed to a digital world and most likely will experience the transition from paper money to digita l money. The advancements in technology over the past several years has allowed consumers the opportunity to buy and sell goods over a computer network known as the Internet. The internet is a much more convenient way of shopping compared to fighting crowds of people at your local mall during the holidays. We must start to prepare ourselves for the digital age of currency, an age in whichRead MorePros And Cons Of Computer Hacking1324 Words   |  6 Pagesand businesses have always faced. Such new advances have been accompanied by a rise in cyber criminals who wish to invade an individual’s or business digital information. The following will examine computer hacking and hacking processes that pose risks and dangers to individuals and businesses. The company that I researched is Global Payments. The organization is an example of how a serious breach in internet security at a company can cause harm to not just one company, but also to millionsRead MoreDigital Currencies An d The Digital Currency Essay1243 Words   |  5 Pagesdemand. Digital currencies are internet-based form of currency. They represent both developments in payment systems and a new type of currency. Digital currencies, in hypothesis, serve as money, at present day they act as money to a small amount of individuals and institutions. It has been often questioned as whether the decentralised digital currency, such as Bitcoin and Litecoin, will emerge as the preferred method of payment for Internet Services or will remain a superficial payment method comparedRead MoreEssay On Bitcoins956 Words   |  4 Pagescryptocurrencies. You can still make a lot of money only if you choose the right digital currencies to invest in. If you don’t make your decisions wisely, you might end up losing your money. With the increasing adoption of digital currencies, which cryptocurrency looks very promising in 2018 and beyond? Discussed in the article are the top 6 most promising cryptocurrencies to buy in 2018 and beyond. The future of digital currencies looks bright as it can be seen by the increasing popularity and acceptanceRead MoreThe Security Measures Protect The Digital Infrastructure1476 Words   |  6 PagesIn an age where every sophisticated industry relies on computer systems and data centers for its operations, any kind of vulnerabilities in such system might provide an opportunity for exploitation to someone with an inappropriate intention. 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How did digital technology transform the way Cemex ran its business? In previous years when Cemex began, the business’ operations ran without the use of digital technology, they used telephones as a communication medium between customers and employees. However, this proved to be futile because it was very time consuming and costly to Cemex. Phone lines were jammed as customers, truckers and dispatchers tried to get ordersRead MoreEssay On Blockchain1506 Words   |  7 Pagesworld rolled towards it. So what actually is Blockchain? In simple terms, Blockchain is a continuously growing list of records which are linked to each other. These records are called blocks and the fact that, it is in the form of a chain, this system came to be known as blockchain. It is to be noted though that all these blocks are linked and are secured using cryptography. Every block in a blockchain contains these 3 essential things: 1. Hash pointer as a link to the previous block 2. A timestampRead MoreBlock Chain Of The Public Service1259 Words   |  6 Pageslife and some of its benefits has been implemented for the public usage. The governments in several countries has acknowledged the potential of the block chain system. This could simplify the bureaucracy process and provide credibility. Some suggestions have been made of where this database could be enforced. First of all, the block chain system could affect how an ordinary person could deal with property titles. Governments will make it possible for citizens to electronically conduct transactions andRead MoreAnalysis Of Blockchain Technology987 Words   |  4 PagesBlockchain technology will be focusing on cryptocurrency business under the payments regulatory framework which will decentralize virtual currencies using the current regulatory approach. Any blockchain-based business that have monetary transmission license is subject to investment, anti-money laundering, customer protection regime, and cu stomer identification program (Ross, 2017). To mitigate systematic risk in the financial system a hybrid of ex ante and ex post regulation is applied with combination

Sunday, December 15, 2019

Business Statistics Free Essays

QMT2033 BUSINESS STATISTICS Assignment for mid -term break 1. Most of the information technology developers claim that wireless connection would give speed of at least 11 Mbps compared to wired connection. A sample of 105 computers using wireless connection shows it gives a mean of 11. We will write a custom essay sample on Business Statistics or any similar topic only for you Order Now 7 Mbps and a standard deviation of 2. 3 Mbps. a) Do you think that the wireless usage should be implemented? Test at 7% significance level). b) Repeat the test by using p-value approach. 2. A jack is usually used for raising the axle of a motor so that a wheel may be changed. It is known that the weight of the vehicle that be raised by a jack is more than 100kg. a random sample of 125 jacks with a mean of 102. 2kg and standard deviation of 15. 17kg is taken. a) Do you agree that a jack can raise more than a 100 kg vehicle? (use ? = 0. 03) b) Repeat the test by using p-value approach. 3. In a normal situation, on average, a song needs a duration of at most 3. 5 minutes to be played. The duration of a random sample of 11 songs is taken, and the data are as follows: 5. 32 6. 53 4. 52 3. 20 3. 39 4. 00 4. 10 3. 15 3. 47 4. 01 2. 3 a) By using the data, do you agree with the statement that a song needs a duration of at most 3. 5 minutes to be played? (use ? = 0. 05) b) Repeat the test by using p-value approach. 4. A researcher needs on average, 1. 2 years to complete his short-term research. A random sample of 12 researcher are taken, and the duration (in years) to complete their research are recorded as below: 4. 3 1. 0 1. 5 1. 6 1. 2 0. 8 2. 1 2. 4 0. 7 1. 3 0. 4 a) Do these data support the stamen that a researcher needs exactly 1. 2 years to complete his research? (use ? =0. 05) b) Repeat the test by using p-value approach. 5. Newly purchased automobile tyres of a certain type are supposed to be filled with a pressure of at most 34 psi. A random sample of 36 such tyres was selected and it gives a sample mean of 34. 66 psi and a standard deviation of 2. 14 psi. a) Does this sample prove that such tyres fill with a pressure of at most 34 psi? (Use 7% significance level). b) Repeat the test by using p-value approach. QMT2033 BUSINESS STATISTICS 6. In a labour-management discussion it was brought up that workers at a certain large plant, take on average at least 32. 6 minutes to get to work. If a random sample of 60 workers took on the average of 33. minutes with a standard deviation of 6. 1 minutes, what can you conclude based on the sample taken? (Use 0. 017 level of significance). Repeat the test by using p-value approach. 7. A manufacturer has developed a new fishing line, which he claims has a mean breaking strength of 15 kilograms with a standard deviation of 0. 5 kilogram. To test the eligibility of the claim, a random sample of 50 lines has been tested and it gave a mean of 14. 9 kilograms. Can you help the manufacturer to test his claim? (Use a significance level of 0. 08). Repeat the test by using p-value approach. How to cite Business Statistics, Essay examples

Saturday, December 7, 2019

Communication Essay Example For Students

Communication Essay Ch8The functions of communication in organization are:1.Share information, instructions2.Share feeling and emotion3.Central and co-coordinated efforts4.Motivate employee5.Interact with other stackholdersOrganizations success or failure is often the direct result of :1.Companys communication philosophies2.Employees communication skills3.Quantity of communication that is within the orgnation4.Environment of trust and effortSupportive communication:A person who communicate accurate and nearest information and build and enhance relationships instead of jeopardizing them. Computer mediated communication:Information databasesVoice mail systemsFaxCell phones. CMC DRAWBACK BCommunication can become impersonal , machine to machine loses personal touch. Interpersonal skills may diminishStrive for message completeness, correctness with e-mailTotal or partial lack of nonverbal cuesEasy to be overwhelmed or overwhelmed other with too much information. New technologies encourage poly-phasic activities (doing more than one thing at a time) which can split a persons attention and lead to ineffective communication (phone and reading mail simultaneously). Social interaction to minimize negative effects of isolation for both traditional and telecommuters. Regularly diconnect from technology( no none should be expected to bo on call 24/7). Function of communication within organization:Providing knowledge about company goals, how to perform tasks on job, standard of acceptable behavior, need change etc. Expressing feeling and emotions: to avoid misunderstanding express your feeling and emotions (positive or negative) encourage subordinates to do the same. Controlling and coordinating the individual efforts encouraging subordinates to communicate with each other to coordinate their activities. Motivating employees; by communicating confidence in them and how they can benefit from performing well. Helping them succeed in their goals by clearly communication what to expect from them. Giving them clear feed back. Communication :The evoking of shared or common meaning in other person This sums up the real challenge with communicating effectively , no matter the situation manage on medium. Tougher than it sounds. Words/ Pages : 281 / 24