The IT revolution drives an extraordinarily decline in cost and an accelerated increase in the overall processing power of digital technologies. Internet which has come a long way from ARPANET to the WORLD WIDE WEB, is the best example of revolutionized communication. This indicates that the Internet; the very digital institution on which the whole…
Implications of Game-Changing Technologies in the Services Sector
There is a difference between disruptive innovation and incremental innovation. How? Improving a candle by adding a wick that burns very slowly, is an example of incremental innovation whereas the process of inventing the electric light bulb is an innocent example of disruptive innovation. This sharp contrast is a clear indicator that technological innovation is…
Blockchain Future Of Technology
A blockchain is a growing list of records, called blocks, which are linked using cryptography. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data (generally represented as a Merkle tree). Blockchain technologies is usually managed by a peer-to-peer network following all the protocols for internode communication and for validating…
