WEEK 7 MIDTERM Flashcards
Refer to innovative advancements in various fields that are in the early stages of development or adoption and have the potential to significantly impact industries, societies, and daily life.
Emerging Technologies
These technologies often represent novel approaches, concepts, or applications that are not yet widespread but show promise for future transformation.
Emerging Technologies
Enumerate the 3 technologies that often represents novel approaches, concepts, or application
Artificial Technologies (AI)
Internet of Things (IoT)
Blockchain
__________encompasses machine learning, natural language processing, and robotics, enabling machines to simulate human intelligence, learn from data, and perform tasks that typically require human cognition.
Artificial Technology (AI)
It connects devices and systems to the internet, allowing them to communicate and share data, leading to enhanced automation, monitoring, and efficiency across various domains.
Internet of Things (IoT)
It is a chain of blocks that contain information. The data which is stored inside a block depends on the type of ____________.
Blockchain
It is a decentralized and distributed ledger technology that allows for secure, transparent, and tamper-resistant recording of transactions across a network of computers.
Blockchain
Unlike traditional centralized systems where a central authority controls the data, blockchain operates on a ___________________ of computers (nodes).
Decentralized Network
No one has to know or trust anyone else. Each member in the network has a copy of the exact same data in the form of a distributed ledger. If a member’s ledger is altered or corrupted in any way, it will be rejected by the majority of the members in the network.
Decentralized Network
Transactions are grouped together into blocks. These transactions can represent various types of data, from cryptocurrency transactions to contracts or records.
Blockchains and Transactions
it refers to each block contains a unique ________________ (a fixed-size string of characters) that identifies it and is generated based on the block’s content.
Cryptographic Hashing
It is the process of hiding or coding information so that only the person a message was intended for can read it.
Cryptography
It is the process of transforming any given key or a string of characters into another value.
Hashing
This chaining mechanism creates a continuous and immutable record of transactions, forming the ___________.
Blockchain
A __________ database stores data in blocks that are linked together in a chain.
Blockchain
The data is chronologically consistent because you cannot delete or modify the chain without consensus from the network.
Chaining Blocks
It refers that each block contains a reference (a hash) to the previous block in the chain. To add a new block to the blockchain, ___________ among the nodes is required.
Consensus Mechanism
Different blockchain networks use various __________ (like Proof of Work, Proof of Stake, etc.) to validate and agree on the new block.
Consensus Mechanism
Is a system that validates a transaction and marks it as authentic. This mechanism lists all valid transactions of a coin in a blockchain to build trust in the coin among traders. Several currencies, such as Bitcoin, Etherum, use this system for security purposes.
Consensus Mechanism
Once a block of transactions is verified and accepted by the network through the consensus mechanism, it is added to the existing blockchain.
Adding New Blocks
The new block becomes part of the chain and is linked to the preceding block.
Adding New Blocks
Once data is added to the blockchain, it becomes extremely difficult to alter or delete.
Transparent and Immutable
The ________________ of the blockchain make it a reliable and secure way to record and store information.
Transparent and Immutable
Enumerate the technologies that often represent novel approaches, concepts, or applications. They might include:
Blockchain
Quantum Computing
Biotechnology and Gene editing
5G Technology
Augmented Reality (AR)
Virtual Reality (VR)
____________ technology finds applications beyond cryptocurrencies (like Bitcoin).
Blockchain
It is used in supply chain management, voting systems, smart contracts, digital identity verification, and more, where a transparent and tamper-proof record of transactions or information is valuable.
Blockchain
Leveraging principles of quantum mechanics, quantum computers have the potential to solve complex problems exponentially faster than classical computers, with applications in cryptography, drug discovery, and optimization.
Quantum Computing
It can be used to simulate complex chemical reactions, which can be used to develop new drugs and materials.
Quantum Computing
They can also be used to optimize complex systems, such as traffic flow or financial trading, and to solve problems in cryptography, such as cracking encryption codes.
Quantum Computing
Advancements in biotech, including gene editing tools like CRISPR, are transforming healthcare, agriculture, and environmental conservation, allowing precise manipulation of genetic material.
Biotechnology and Gene Editing
What does CRISPR stands for?
Clustered Regularly Interspaced Short Palindromic Repeats
It is the wireless technology promises significantly faster data transfer speeds, reduced latency, and increased connectivity, enabling new applications in various industries like healthcare, transportation, and entertainment.
5th generation or 5G
It overlays digital information onto the physical world
Augmented Reality (AR)
It creates immersive virtual environments, finding applications in gaming, training, healthcare, and education.
Virtual Reality (VR)
Enumerate the implications and opportunities of emerging technologies accross various aspects of society, economy, and individual life.
Disruption of Industries
Ethical and Regulatory Challenges
Digital Divide
Security Risks
Innovation and Efficiency
Heathcare Advancement
Sustainability
Enchanced Connectivity and Communication
Education and Learning
Enhancement and Growth
Emerging tech often disrupts traditional industries, leading to shifts in business models and job landscapes.
Disruption of Industries
While it brings innovation, it can also lead to job displacement and the need for upskilling or reskilling the workforce.
Disruption of Industries
The rapid pace of technological advancement often outpaces the development of ethical frameworks and regulations.
Ethical and Regulatory Challenges
This gap can raise ethical dilemmas, privacy concerns, and challenges related to security and accountability.
Ethical and Regulatory Challenges
What are the 5 major dilemmas currently face by emerging technologies are?
Data privacy
Risks associated with Artificial Intelligence,
Developing sustainable environments
Health implications due to technology use
Infodemic and data weaponization issues.
Not everyone has equal access to emerging technologies, which can deepen existing societal divides.
Digital Divide
Bridging this gap is crucial to ensure equitable access to opportunities and resources.
Digital Divide
With the increasing reliance on technology, there’s a higher risk of cyber threats, data breaches, and vulnerabilities.
Security Risks
Ensuring robust cybersecurity measures becomes imperative to protect systems and sensitive information.
Security Risks
Emerging technologies drive innovation, enabling more efficient processes, improved services, and the development of new products and solutions across various sectors.
Innovation and Efficiency
Technologies like AI, biotech, and telemedicine offer opportunities for personalized healthcare, disease prediction, and more effective treatments.
Healthcare Advancement
Emerging tech plays a crucial role in promoting _____________. Innovations in renewable energy, smart cities, and green tech contribute to mitigating environmental issues.
Sustainability
Technologies like IoT and 5G foster enhanced connectivity, leading to improved communication, remote work capabilities, and global collaboration.
Enchanced Connectivity and Communication
Tech-enabled ________________ platforms provide opportunities for accessible, personalized, and interactive learning experiences.
Education and Learning
Adoption and integration of emerging tech often spur economic growth by creating new markets, industries, and employment opportunities.
Enchancement and Growth
