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BLOCKCHAIN
Blockchain is a decentralised system of recording information that makes it nearly impossible
to alter, hack, or cheat the system. Blockchain can be used in businesses where data integrity,
transparency, and traceability are essential. It is a shared ledger that records transactions and
tracks assets (tangible or intangible) within a business network. Tangible assets include houses,
cars, cash, land, etc., and intangible assets involve intellectual property, patents, copyrights,
branding, etc.
The blockchain duplicates and distributes a digital ledger of transactions across the entire
network of computers. Each block within a chain stores a cryptographic hash of the previous
block, timestamp, and transaction data, ensuring immutability. This record of every transaction is
updated and added to the participant’s ledger after consensus is reached. A blockchain network
can record, track, and trade anything that carries value.
Restart
Artificial Intelligence (AI) is a branch of computer science that aims to create computers and
machines which are as intelligent as human beings.
Robotics is a branch of engineering that deals with the design, construction, operation and
application of robots.
Robotic Process Automation (RPA) is a software robot running on physical or virtual machine that
mimics human actions.
Machine Learning (ML) is a technology that allows computer systems to learn patterns based on
the data and make predictions or give decisions based on that learned pattern.
Data Science is a field of study that combines domain expertise, programming skills and
knowledge of mathematics and statistics to extract meaningful insights from data.
Internet of Things (IoT) describes the network of physical devices that have unique identifiers
(UIDs) and can communicate with other devices over the network.
Edge computing is a complimentary approach to cloud computing. It keeps computer data close
to the user.
Augmented Reality is a technology that superimposes sounds, images and text on the real world
that we can see.
Virtual Reality is a technology that creates a complete virtual world that users can interact with.
3D Printing or 3-Dimensional Printing is a process of making a physical object from a digital
three-dimensional model.
Blockchain is a decentralised system of recording information that makes it nearly impossible to
alter, hack, or cheat the system.
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