The blockchain industry and the Matthew effect The blockchain industry still considers the Matthew effect. Due to the homogeneity of the functional and application fields of the smart contract platform, it would further promote the competition trend of “the strong and the strong”. When compared with Bitcoin and other similar smart contract platforms, ETH is by the market. In other ETH applications, it naturally stranded because of the capital turnover in commercial activities. The rapid evolution of Ethereum technology and the proliferation of consensus have prompted investors to lock positions, thereby reducing market circulation actively. In the rapid evolution driven by open source, Ethereum would form a complete suppression of a large number of similar platforms and continue to grow through the “siphon effect”. The two ideas of Linux and Blockchain gave birth to a new technology combining the strengths of two ideas-blockchain in the early 21st century. They produced the first successful example of blockchain applications: encrypted digital currencies represented by Bitcoin and Ethereum. Bitcoin considered being the first successful encrypted digital currency,…
How will the Finance industry benefited by Blockchain Technology in 2020 Blockchain is a growing technology, and when we talk about its impact, it has propagated across different sectors. Although we are witnessing its growing importance in all the business sectors, it is the financial sector where maximum impact is felt and why not? Afterall, Blockchain is the underlying technology for Bitcoin, that led to the digitization of financial transaction. In this blog, we will be exploring different ways in which Blockchain technology has impacted the financial industry. As per the reports of, 77 % of financial institutions are expected to implement Blockchain Technology by 2020. But before that, we must understand what the current challenges which the finance sector is currently facing are. Current challenges of the finance industry: Despite digitization and use of modern technologies,the finance sector is facing certain issues which have paved the way for the proliferation of the blockchain technology in this field. A few of them are : Lack of transparency Involvement of the third party Cost Time-consuming processes…
Value engineering in Oman construction IndustryName Value Engineering as a tool towards sustainability in Oman construction industry Keywords: Value engineering, Oman construction industry, sustainability Introduction The construction industry in Oman has seen tremendous growth thanks to the presence of oil that works to finance the developments. Oman is part of the G.C.C. countries, thus have incorporated the concept of value management in their systems (Al-Saleh & Taleb, 2010). However, there has been a proposal to include the aspects of value engineering in their activities to steer sustainability. Issues of value revolves around a function concerning cost, thus increasing the function while limiting cost will be the most prudent idea where sustainability is in question. Oman incorporating value engineering will ensure that the costs of constructions remain low while the output increases significantly. This is mostly required in the planning stages of the development where all parameters required in an intervention are considered before implementing the design in question. Value engineering in Oman construction form would not only be a cost-cutting initiative but an assurance that an engineering intervention is completed…
Streetwear and How It Has Changed the Fashion Industry Everyone loves fashion, or at least if not everyone, a high percentage of people across the globe are in fashion. However, fashion trends change day after day, and many enthusiasts strive to move with the trend. Are you looking for a casual, comfortable style that is trending and will leave you to look fabulous? Then it would be best if you considered streetwear. Many people have had the assumption that streetwear is for teenagers or unkempt people, which is not the case. This article explains in detail what streetwear is and how it has impacted the fashion culture. What is streetwear It is a style of casual dressing that centers comfortable, casual pieces like T-shirts, sneakers, hoodies, jeans, baseball caps, and many more. It got its inspiration from several fashion cultures such as the New York hip hop fashion and the surf skate culture from California. In the 1990s, streetwear became global. Types of streetwear These days, streetwear is increasingly becoming a famous fashion. Many different kinds of clothing lie in…
To evaluate challenges associated with implementing blockchain technology within the financial services industry What is blockchain? Blockchain uses digital currency. In this technology it is allowed to distribute digital information, but not copied. It is stored in the form of a digital ledger. There is no Government Interference. It is an instant transaction. Financial Efficiency gets better with this technology. It is extremely volatile. It requires trained staff to handle it. Challenges faced by blockchain: – New technology: – As the technology is new, there is a lack of knowledge of its use. Also, there I a lack of trained staff. This is creating problems for the investors. Capability to handle: – – As it has to be handled by different nodes, it becomes difficult to handle the everyday transactions. The transaction networking systems process thousands of transactions in seconds whereas this system is comparatively slow. There is no interaction between blockchain projects. Safety: – As the ledger is public, it is difficult to make changes secretly for anyone. Thus, it should always be supervised. Culture: –…
industry standards for organizational network defense For every digital asset a company has there is someone who is looking for a way to exploit a weakness to gain access to it. Trade secrets, customer information and third-party partner databases are all targets in which cyber criminals and competitors are all constantly trying to find in order to gain a competitive edge or damage the financial and or public reputation of companies that do business on the internet. Direct harm is not always the motive but any network access that is not authorized should be considered malicious and with the intent to disrupt business operations or steal something that will hurt the organization. These threats are just as real coming from the outside as they are on the inside. Negligence from employees can sometimes be just as damaging as a direct attack from external threat actors and most times is the reason for the attack being successful. Social engineering is the most effective way hackers gain access to information and usually is the most difficult threat to fight against. Companies…
INDUSTRY SECTOR Research one of the Career Technical Education Industry Sectors – preferably one related to your background – listed in the Career Technical Education Curriculum Framework. You can perform your research using the www.CTEOnline.org web resource (this requires you to create a free account). Using the menus at the top of the web page, select Standards, then CTE Standards, and then select the Industry Sector in which you have the most experience, interest, or knowledge. Under your Industry Sector, choose one of the Pathways (not Anchor), and then focus on one of the individual Standards. Be sure to explicitly name the Industry Sector, Pathway, and Standard, including the number and full text of the standard, along with an APA citation and reference. Using the Labor Market Information links provided in unit 1, select a Job Title closely associated with the Standard you selected – preferably one that would be a viable career option in your area or region. Review recent labor market information for these job titles and determine which ones merit creation of a new CTE program and…
THE STARTUP BEHIND BUILDING KENYA’S VIRTUAL REALITY INDUSTRY BlackRhino VR is a virtual reality production company specializing in creating cinematic, immersive experiences for different companies and organizations. It focuses on commercial and non-commercial work. The commercial work involves creating branded immersive experiences for various corporate organizations while the non-commercial work is about having a positive impact on society and changing perceptions. In 2014-2015 it was a boutique film production company. The corporate uptake for VR is increasing with emphasis on creating immersive brand messages targeted to the millennials cascading over some facets of the economy. Challenges such as connectivity should be overcome for VR to be a reality in Africa. Countries such as South Africa, Nigeria, Ghana and Egypt have vibrant VR communities. A lot of sensitization, partnerships and investments was done before VR can become an industry. Demystification of VR and trying to give an understanding of VR and how relevant it can be in different facets of society. Capacity building and benchmarking. It has been able to change the mindsets of small and large corporations on how they…
Market orientation (Slovak Foodstuff Industry) Introduction It is essential to address market planning, and market orientations in a business setting to promote the marketability of company products. Exploring market planning and values of market orientation tend to improve business performance. High-quality marketing planning can result in excellent business performance in conjunction with market orientation and not independently (Wang and Chen, 2012). In this paper, I’ll be focusing on how to market planning and adjustments affects business performances in research conducted in a company (Slovak Foodstuff Industry). Task 1: Market orientation (Slovak Foodstuff Industry) Market orientations refer to attitudes that help shape business cultures and operations. Market orientation is studied by including the following factors as a component, customer orientation, competition orientation and functions of coordination in all company departments (Salyova, Petrovicova, Nedelova and Dad’, 2015). Coordinating the utilization of resources is essential in ensuring the creation of good value perception from customers. Measuring scales The most commonly used measurement model is the MARKOR by Kohli, used in measuring market orientations among managers. A significant requirement that managers use this orientation…
THE NEED FOR A PARADIGM SHIFT: CRITICAL CHAIN AND AGILE METHODOLOGIES WITHIN THE CONSTRUCTION INDUSTRY Introduction Project management entails coordinating performance and different activities that help in creating a strong context that promotes a successful change based on the underlying issues within given project development. Different factors need to be assessed in helping to understand various measures that can be undertaken to help improve the level of project coordination. Construction projects are managed based on a given timeline, which must be adhered to in controlling falling behind. The key elements that are being assessed in this case focus on the incorporation of agile methodologies in critical chain scheduling, collaboration, and the involved benefits in reducing scheduling durations on construction projects. The flexibility of the project management system involves key strategies that improve the quality of the production process while creating an organized environment for successful change. The success of any project is based on scheduling planning and control. Different measures are considered in creating a well-organized system to promote change and a successful level of development. Building a strong change…