Definitions IT Infrastructure Flashcards
Define Distributed Ledger
Distributed ledger technologies (including blockchain) enable transaction data to be stored in encrypted form and distributed over a network. After the data is added and validated, it is no longer modifiable. This ensures privacy, safety, transparency and integrity of the transaction process without the help of intermediaries (banks, servers).
Distributed ledgers open up new possibilities, for example for monitoring the supply chain or managing digital rights. It is therefore regarded as a central enabler for digital, self-executing contracts, so-called smart contracts.
Define Smart Objects
The Internet of Things allows physical objects to be digitally networked to leave a data trail, providing companies with useful insights on their use, location and condition in real-time.
Real-time monitoring of smart objects can optimize asset utilization, improve indoor navigation and prevent goods theft, damage and harm. Sensors in parts, trucks or containers would transfer information in real time about inventory, location and the conditions of parts and materials in the supply chain.
Define Edge Computing
Today cloud computing allows companies to outsource costly IT structures from local computers into the network and flexibly adapt to the situation. Edge computing is closely linked to cloud computing and will be of even higher relevance in times of the “Internet of Things”.
Still benefiting from the advantages of the cloud, data is directly processed on site via a chip of a device or a machine within a factory. As a result, the amount of data to be sent into the cloud is much smaller and easier to secure.
Define IOT and M2X Communication
Machine-to-X communication describes the automated information exchange between devices, such as machines, vehicles and containers, among themselves or with a control centre. Connected objects can communicate with their surroundings and exchange information.
This enables the creation of smart grids and networks, and further integrated smart Internet-of-Things systems. This makes it possible for example, to control traffic or energy flows decentrally and based on their needs, or even to implement self-control in future.
Define Orbital Insights
As a result of the privatization of space, companies like SpaceX and Blue Origin are capable of sending cost-effective carrier rockets into space. This will make it possible to transport hundreds of small satellites into orbit in future.
Whether it is the real-time overview of the progress of construction sites worldwide or container traffic in ports – high-resolution satellite images will form the basis for new business models and enable us to detect famines and natural disasters in advance.
Define Quantum Computing
Quantum computers are the next generation of computers based on the laws of quantum mechanics. The quantum computer has the potential to be a hundred million times faster than a traditional computer. With its help, the search in databases can be accelerated, complex systems can be simulated and today’s encryption technologies can be cracked.
In future, it will be possible to book and obtain quantum computing power via the cloud from providers such as Amazon and IBM, triggering the era of hypercomputation.
