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i + 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 we 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.
i + 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. RPA can be used to automate anything. It can
be the workflow, infrastructure, and back office processes which are labour intensive.
i + INTERNET OF THINGS (IOT)
IoT is basically a system of interrelated computing devices, people,
animals, objects, mechanical and digital machines, all of which
have a unique identifier and can transfer data over a network
without any human intervention. WAs Neil Gross famously said
in 1999 — “In the next century, planet earth will don an electronic
skin. It will use the Internet as a scaffold to support and transmit
its sensations”. This concept has unbelievable potential in many
businesses and industries. To check on SIDS (Sudden Infant
Death Syndrome), the Mimo monitor is a new kind of infant
monitor that provides parents with real-time information about their baby's breathing, skin temperature,
body position, and activity level on their smartphones.
144 iPro (Ver. 4.1)-VIII

