Basic HTML Version

|  | Table of Contents |  | View Full Version

Page 75 - Modular_V2.0_SQL_Flipbook
P. 75

    Explore  More

                     Latest Trends

                         BLOCKCHAIN

                     Blockchain refers to the system of recording information which makes it difficult or impossible
                     to change, hack, or cheat the system. Every business runs on information and blockchain is a
                     shared ledger on which you can record the transactions and track assets (tangible or intangible)

                     in a business network. Tangible assets include houses, cars, cash, lands, etc. and non-tangible
                     assets include intellectual property, patents, copyrights, branding, etc.

                     It is a digital ledger of transactions that is duplicated and distributed across the entire network
                     of computers on the blockchain. Each block in a chain may contain the record of the number of
                     transactions made and the occurrence of new transactions. This record of every transaction is
                     updated and added to the participant’s ledger. Anything that carries value can be recorded and
                     tracked and can be traded on a blockchain network.

                         RPA (ROBOTIC PROCESS AUTOMATION)

                     Most of the jobs in any industry consist of the tasks that are repetitive in nature and can be
                     automated. Robotic Process Automation (RPA) allows organisations to automate tasks which
                     human beings were doing across any applications and systems. The purpose of RPA is to transfer
                     the execution of the process from humans to robots. Robotic automation uses the existing IT
                     structure without using any complex system integrations.

                                                          Robotic Process Automation

                                                                                                                         73
                                                                                             Explore More (Latest Trends)

| 70 71 72 73 74 75 76 77 78 79 80 |