How could blockchain be used to improve efficiency

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Reference no: EM133200989 , Length: Word count: 4 Pages

Assignment Task: This assignment asks you to research new technologies and report on their business impact. Below is a set of questions relating to these emerging technologies that are beginning to affect different areas of business in a variety of ways. Please answer the following questions and be sure to do so in a business report format that uses headings and sub-headings that makes clear to the reader what it is that they are about to read

1. Define the term Big Data and provide an example of its use in one of the business disciplines. Be specific.

2. What is a blockchain? How could blockchain be used to improve efficiency?

3. What is artificial intelligence?

4. Describe 2 types of artificial intelligence.

5. Considering one of the types of artificial intelligence you described, how has a business used the technology to obtain a competitive advantage?

6. Are there any other new technologies that may impact business practice? Describe and provide an example.

Reference no: EM133200989

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