Answer each question with the length of a paragraph. Use external sources for each question. 1) Define
Question:
Answer each question with the length of a paragraph. Use external sources for each question.
1) Define blockchain technology using the textbook, and describe how it could be utilized in your industry in the future.
Blockchain technology is a highly secure, decentralized, distributed transaction recording and verification method that has been adapted for a variety of uses, including stock sales and digital document signing (7.3).
2) What are the benefits of organizations in your industry using cryptocurrencies?
3) Research the role of 3D printers. Define one innovative way in which 3D printers are currently being using in an industry related to yours.
4) Explain the advantages of using computing to simulate an automobile crash test as opposed to actually staging a crash, utilizing external sources to support your assertions. Moreover, provide a similar example of how computer simulations could be utilized in the industry you currently work or the industry in which you plan to work and discuss the advantages it would provide in that specific industry.
5) If you were the new CIO of Disney, and the CEO wanted you to expand the use of new technologies (such as the MagicBand technology) in Disney World and Disneyland, describe in detail how you would implement innovative technologies to further enhance the customer experience. Cite material from your textbook in addition to high-quality external sources.
Entrepreneurship Successfully Launching New Ventures
ISBN: 9780132555524
4th Edition
Authors: Bruce R. Barringer, R. Duane Ireland