ist 310 - ch 8

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A requirement to define an expensive computer calculative, also called mining, that needs to be performed in order to create a new group of trustless transactions (blocks) on the distributed ledgers or blockchain

Proof-of-work

Ethereum is a ______, open-source blockchain with smart contract functionality.

decentralized

A way to validate transactions and achieve the distributed consensus

Proof-of-stake

Data ______ describes technologies that allow users to "see" or visualize data to transform information into a business perspective.

visualization

Data ______ tools move beyond Excel graphs and charts into sophisticated analysis techniques such as pie charts, controls, instruments, maps, time-series graphs, and more.

visualization

Hash of the previous block in the blockchain

Previous hash

What allows many different parties around the world to access and verify the same data?

Distributed ledger

Who is a business analytics specialist who uses visual tools to help people understand complex data?

A data artist

Non-fungible token is a digital ______ backed by blockchain technology that proves ownership of something.

signature

______ paralysis occurs when the user goes into an emotional state of over-analysis (or over-thinking) a situation so that a decision or action is never taken, in effect paralyzing the outcome.

Analysis

What occurs when the user goes into an emotional state of over-analysis (or over-thinking) a situation so that a decision or action is never taken, in effect paralyzing the outcome?

Analysis paralysis

What is a type of digital currency in which a record of transactions is maintained and new units of currency are generated by the computational solution of mathematical problems and which operates independently of a central bank?

Bitcoin

______ is a type of digital currency in which a record of transactions is maintained and new units of currency are generated by the computational solution of mathematical problems and which operates independently of a central bank.

Bitcoin

A type of distributed ledger, consisting of blocks of data that maintain a permanent and tamper-proof record of transactional data

Blockchain

What is a type of distribution ledger, consisting of blocks of data that maintain a permanent and tamper-proof record of transactional data?

Blockchain

Data structures containing a hash, previous hash, and data

Blocks

What is a data structure containing a hash, previous hash, and data?

Blocks

What tracks corporate metrics such as critical success factors and key performance indicators and include advanced capabilities such as interactive controls allowing users to manipulate data for analysis?

Business intelligence dashboards

What is it called when one governing party verifies all data and system access?

Centralized ledger

Transactional data—sender, receiver, number of coins

Data

What describes technologies that allow users to "see" or visualize data to transform information into a business perspective?

Data visualization

What moves beyond Excel graphs and charts into sophisticated analysis techniques such as pie charts, controls, instruments, maps, time-series graphs, and more?

Data visualization tools

______ computing processes and manages algorithms across many machines in a computing environment.

Distributed

Processes and manages algorithms across many machines in a computing environment

Distributed computing

What is a decentralized, open-source blockchain with smart contract functionality. Ether is the native cryptocurrency of the platform?

Ethereum

The first block created in the blockchain

Genesis block

A function that converts an input of letters and numbers into an encrypted output of a fixed length

Hash

The block's unique identifier—like a fingerprint

Hash

What is the ability for a blockchain ledger to remain a permanent, indelible, and unalterable history of transactions?

Immutability

______ is the ability for a blockchain ledger to remain a permanent, indelible, and unalterable history of transactions.

Immutability

Simply means unchangeable

Immutable

What presents the results of data analysis, displaying the patterns, relationships, and trends in a graphical format?

Infographics

Records classifed and summarized transactional data

Ledger

What records classified and summarized transactional data?

Ledger

What is a digital signature backed by blockchain technology that proves ownership of something?

Non-fungible token

What is a requirement to define an expensive computer calculation, also called mining, that needs to be performed in order to create a new group of trustless transactions (blocks) on the distributed ledger or blockchain?

Proof-of-work

True or false: Infographics (information graphics) present the results of data analysis, displaying the patterns, relationships, and trends in a graphical format.

True

A data ______ is a business analytics specialist who uses visual tools to help people understand complex data.

artist

A(n) ______ is a type of distribution ledger, consisting of blocks of data that maintain a permanent and tamper-proof record of transactional data.

blockchain

A blockchain is formed by linking ______, data structures containing a hash, previous hash, and data.

blocks

A(n) ______ ledger is when one governing party verifies all data and system access.

centralized

Business intelligence ______ track corporate metrics such as critical success factors and key performance indicators and include advanced capabilities such as interactive controls allowing users to manipulate data for analysis.

dashboards

A(n) ______ ledger allows many different parties around the world to access and verify the same data.

distributed

Processing and managing algorithms across many machines in a computing environment is known as ______.

distributed computing

A(n) ______ records classified and summarized transactional data.

ledger

Proof-of-work is a requirement to define an expensive computer calculation, also called ______, that needs to be performed in order to create a new group of trustless transactions (blocks) on the distributed ledger or blockchain.

mining


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