Definitions
Define the 4th IR
A fundamental change in the way we live, work, and relate to one another. It is a new chapter in human development that is enabled by technology advances merging the physical, digital, and biological worlds
What are some examples of 4th IR technology in the biological world?
This industrial revolution happened in 1760-1840
First IR
T/F: Blockchain allowed for the birth of cryptocurrency
T
Define big data
A data so huge in size and complexity that none of traditional data management tools can store it or process it efficiently
How is blockchain useful? Why can't we just keep our old technologies and use them?
Provides a more secure network that protects assets and allows for the development of more useful technology
3rd IR
What is one benefit of blockchain?
Security
Define blockchain
a security network that allows for all computers to be connected. It creates programmable, secure, and distributed records that have widespread impact in the real world
What are disruptor companies? Give one example
Companies that are capable of replacing existing companies and industries. Examples include Uber, Airbnb, etc.
3rd IR
State one disadvantage of blockchain
Hard to correct mistakes or make adjustments
Define IoT
Using wifi to connect to all devices
What are the key principles of smart factories (factory 4.0)?
2. Simulation tools and powerful data processing
4. An efficient factory regarding energy and resources
This IR involved mass production
2nd IR
How does blockchain aid in advancing manufacturing and production?
1. Breakthroughs are transforming manufacturing and production systems
2. Business models are offering new services rather than just delivering products
3. Policymakers are working together to develop production systems that are advantageous to everyone
Define web 4.0 AKA A.B
Cyber-Physical Media: dynamic interlinked systems
Do you think the 4th IR is making it easier to greenwash people? Why?
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4th IR
Explain how blockchain works
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