Assignment 6

1. Mobile Computing:

Peer 1:

Mobile computing is an innovation that takes into consideration the transmission of information, voice, and video by means of a PC or some other remote empowered gadget without being associated with a fixed actual connection. Mobile computing uses various techniques to interface with an organization. Mobile Computing has begun to change the way representatives, clients, and the associations work, which can make the two difficulties and open doors for the executives. The spread of versatile processing gadgets that give network to individuals has made a correspondence ability that is persistently accessible anyplace somebody may work or travel. The utilization of this constant correspondence capacity has begun to turn out to be essential for the business world and workers are at present utilizing cell phones to discover data in any place they are and even submit orders. The executives can likewise utilize versatile processing to impart with representatives utilizing services including interpersonal organizations, messaging, and remotely coordinating.

Advantages

         Advantage of Mobile computing is that it gives the capacity to carry portable interchanges to distant zones with no prior foundation easily. Nonetheless, regardless of the various points of interest, there are various dangers looked by versatile figuring. These dangers incorporate impediments related to reaching and data transfer capacity issues, security issues, transmission obstructions, power suppositions, just as various other related things. The essential constraints related to reach and transmission capacity can be credited to the way that the organizations open by Mobile computing gadgets are commonly compelled to a scope of business mobile phone towers. Author (Kuyatt, A. E. 2011) has identified that mobile computing deployment methods which is followed in United states of America. BYOD (Bring your own device) mobile computing method encourages employee of organization connect to firm’s VPN and has ability to receive alerts. However, there are risks involved with implementing BYOD in workplace. Main is security challenge. Key areas include, general security requirements for mobile devices, authentication (passcode/PIN) requirements, storage/transmission encryption

 

References:

Kuyatt, A. E. (2011). Mobile computing: Trends enabling virtual management (Order No. 3509195). Available from ABI/INFORM Global; ProQuest Dissertations & Theses Global. (1019235443). Retrieved from https://search.proquest.com/docview/1019235443?accountid=10378

Peer 2:

Mobile devices have infiltrated into our personal and professional lives for varied obvious reasons like easy availability, ease of access, features, mobility, Social media, and low prices due to competition in the market.

Some of the factors mentioned by Smallwood (2014), that contribute to the acceleration in mobile usage popularity are: Long Term Evolution (LTE), Interoperability to work on both 4G and 5G networks, dual sim modes, new smartphone applications that are targeted and created for mobile devices, these apps cater to all needs of the end users like health care, personal fitness, warehousing, inventory management, document management, architectural needs, real estate, education, music, project management, personal assistants, and many more. Global Positioning Systems (GPS) is a very useful and widely used application that helps drivers to navigate and reach their destinations easily, calculate the routes, dynamic traffic and weather alerts and notifications. Most of these apps can be linked to many government agencies, mail services, daily activities, cars, and personal home assistants. These mobile devices can be used to activate tasks, start car, pay your start bucks bill, place an order, all at the push of a button or a voice command. Security is one concern that should be addressed when dealing with mobile applications and cloud-based applications. Dual authentication systems, strong passwords and security measures need to be planned and implemented while dealing with information on a mobile.

Recently apps have are developed to conduct surveys, research for medical and health related aspects. Unregulated health research is not welcome, and the results or outcomes of such research is hard to be accepted as it raises concerns about security risks, customer privacy and Biomedical ethics. (Rothstein, et al. 2020)

References:

Rothstein, Mark A, et al. "Unregulated Health Research Using Mobile Devices: Ethical Considerations and Policy Recommendations." The Journal of Law, Medicine & Ethics 48 (2020)

Smallwood, Robert F. Information Governance: Concepts, Strategies and Best Practices. Canada: Wiley, 2014.

2. Discussion Forum: Blockchain :

Peer 1:

In olden days people use to exchange goods with goods known as barter systems and with the economic discrepancies growing, people discovered exchange of goods with goods is not a fair trade and resulted in disparities. Then they began to use gold or siver coins as medium of exchange and later then came a concept called currency which is printed by the government and distributed among the citizens for their services and it acted as a medium of exchange for many decades, now then the currencies are being replaced by crypto currencies.

What is a crypto currency? Crypto currency is a cirtual currency which is used as a medium of exchange for goods and services. They use cryptography to secure the transactions end to end. Each transaction would be a new record in the database. First among the crypto currency is Bitcoin and 4 years later they introduced new coin called lite coin.

Both Bitcoin and the Lite coin are similar in the usage and how they are encrypted, used in day to day transactions. They only differ in some aspects like, the total coin limit. Bit coin is 21 million and lite coin is 84 million coins. When both these reach limits then no new coins are introduced. Bitcoins are halved every 210,000 blocks on the other hand Litecoin halved every 840,000. Lite coin transactions are much faster than the Bit Coin ones. Lite coin transaction requires 25 sec to perform transaction, while the Bit coin one takes 100 sec. Faster is better but it comes with a price. Bit Coin hashing algorithm SH256 is much secure than the lite coin one.

 

 

Reference:

Genesis, 2020 Differences between BitCoin and Lite Coin.

Peer 2:

RIPPLE VS. LITECOIN

Ripple (XRP):

First released in 2012, Ripple is a cryptocurrency and a digital payment network for financial transactions. This was invented by Chris Larsen and Jed McCaleb. It operates on an open-source and peer to peer decentralized, which allows seamless transfer of money in any form (Frankenfield, 2019). Ripple is mostly known for its digital payment network than its cryptocurrency called XRP. It uses a distributed consensus ledger using a network of validating servers and crypto tokens called XRP rather than the blockchain method. This makes it use very less energy, transactions are confirmed fast and costs very less when compared to Bitcoin.

Litecoin:

Found in 2011 by Charlie Lee, Litecoin is a cryptocurrency. It is made through the procedure of mining. It functions as an online payment system, but the payment units are Litecoin and not any other currency. The supply of Litecoin is fixed, there will be only 84 million Litecoin in circulation. Every 2.5 minutes a Litecoin block is generated, which enters the ledger once a mining software verifies it and will be available for the user (McFarlane, 2019). As of today, 1 Litecoin equals 55.48 USD.

Similarities and Differences:

Both cryptocurrencies are similar in making transactions simple, secure, fast, and less cost. They are competing in the market, and both have platforms to make transactions. The major differences will be, Ripple is used for overseas financial transactions, and Litecoin is used for daily transactions. Ripple’s maintenance is less since it's solely used for cross-border transactions. Litecoin’s maintenance can be high since it needs to deliver a lot of functions for peer-to-peer and offshore transactions. Ripple works on the RCPA, Ripple protocol Consensus Algorithm (EDUCBA, 2020). Litecoin works on Script and Mining. Ripple's growth might be restricted since it offers only one form of transaction, which is offshore, while Litecoin offers many functions.

 

References:

Frankenfield., J. (2019). Ripple (Cryptocurrency). Investopedia. https://www.investopedia.com/terms/r/ripple-cryptocurrency.asp

McFarlane., G. (2019). What is Litecoin, and how does it work? Investopedia. https://www.investopedia.com/articles/investing/040515/what-litecoin-and-how-does-it-work.asp

Ripple vs Litecoin. EDUCBA, 2020. https://www.educba.com/ripple-vs-litecoin/