DISCUSS THE PROBLEMS INVOLVED BY DIGITAL CASH TRANSACTIONS?
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- a) What are the potential problems with e-payment systems? Why is e-commerce payment system standardisation required? b) What do the words Crowd Sourcing and Technology Mining mean? Use an example to demonstrate.Explain on the concept of bitcoin and blockchain technology and discuss the impact bitcoin and blockchain has on the organisations?Q2 a) What could be the issues with e-payment systems? why is standardization required for e-commerce payment systems?b) What is meant by the terms Crowd Sourcing and Technology mining? Explain with example.
- Question 1 Discuss some of the advantages of online banking. Would you prefer an online or Physical bank? Why? Question 2 Discuss two major changes in the publishing industry generated by the Internet and EC technologies. Why are these changes important? Question 3 E-mail advertisement is very popular. What are benefits of using e-mail to advertise? Question 4 Why is trust important in EC transactions? Question 5 Discuss one of the limitations of m-commerce. What are some options to decrease the importance of this limitation?How will digital financial services help customers and consumers?3. Explain the potential benefits and risks to the adoption and application of loT- enabled banking service. 4. Are there any practical examples of the potential risks? List and explain one. 5. What would you propose as possible solutions to the challenges you stated Activity 3 above (Question 3 and Question 4) to minimize such risks to your bank in the 4th industrial revolution era?
