The emergence of digital economy
What is a study of human activity which involves widespread introduction of electronic and information and communication technology in the production, distribution and consumption of social goods
The Digital Economy
This cloud computing service model provides virtualized computing resources over the internet, allowing users to run applications without managing physical servers.
IaaS(infrastructure as a service)
This term refers to the smallest unit of Bitcoin, named after its mysterious creator.
Satoshi Nakamoto
Tell cybersecurity types
Network security, Application security, Information security, Operational security
Internet or communications which could boost participatory public activities like voting or even paying taxes
E-Collaboration
-Volume massive amounts of data
-Velocity speed at which data is generated
-Variety different types of data
-Veracity accuracy and reliability of data
-Value insights
What kind of dataset are these characteristics related to?
Big Data
This process, fundamental to Bitcoin and many other cryptocurrencies, involves solving complex mathematical puzzles to validate transactions and add them to the blockchain.
Mining
This security practice involves converting data into an unreadable format to protect it from unauthorized access.
Encryption
The term ... refers to a business model that allows companies and individuals to buy and sell goods and services over the Internet
E-commerce
Founded in 1994 as an online bookstore, this company became one of the largest e-commerce giants in the world
Amazon
What are key elements of Blockchain?
1. Distributed ledger technology
2. Immutable records
3. Smart contracts
What is the gig economy
This type of economy allows individuals to provide services on a flexible basis through digital platforms like Uber, Fiverr, and Airbnb.
What refers to the intelligent networking of machines and processes for industry with the help of information and communication technology? Or
What is a digital transformation of manufacturing/production and related industries and value creation processes?
Industry 4.0
What is decentralized technology underpins cryptocurrencies like Bitcoin and enables secure, transparent transactions without a central authority.
Blockchain
What is Proof of Stake
Consensus mechanism in blockchain networks where validators are chosen to create new blocks and verify transactions based on the amount of cryptocurrency they stake, reducing energy consumption compared to Proof of Work.
What is a Distributed Denial of Service (DDoS) attack?
This type of cyberattack overwhelms a network or website with excessive traffic, making it unavailable to users.
How many levels available in Smart Factory?
There are 4 levels:
Level 1: Available Data
Level 2: Accessible Data
Level 3: Active Data
Level 4: Action-oriented Data
Nations may engage in cyberattack on each other, targeting critical infrastructure like power grids, financial systems and government database
Cyber warfare
What is a consensus mechanism, used by Bitcoin, requires miners to solve complex mathematical problems to validate transactions and secure the network.
Proof of Work
..., also known as malicious software, intrusive software developed by cyber criminals to steal data or to damage and destroy computers and computer systems.
MALWARE