ist 310 - ch 8
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
