Disintermediation

self-authenticating, and self-enforcing, financial transactions can be executed instantaneously at near zero transaction costs, increasing the efficiency for business and individuals exponentially. These factors in addition to blockchain technology’s disintermediation through technology driven democratized trust, precipitated the financial industry’s substantial investments into blockchain technologies in fear of becoming obsolete. 
 Supporting data analysis: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2998033

Statement of Purpose With pure passion for scientific reasoning and some accompanying expectation, I chose Statistics as my major in undergraduate period at Hunan University nearly four years ago. Then, at this moment when my college life will come to an end, I am submitting my application to the Master of Science in Interdisciplinary Statistics and Operation Research program of The University of North Carolina of Chapel Hill which is exactly consistent with my professional interest and career goal

Decentralization and Centralization are the two types of structures, that we frequently hear when advocates and critics discuss cryptocurrency. On one hand, cryptocurrency advocates negatively allude to centralized solutions need for control (e.g. Central Banks, Governments, etc.) and their lack of transparency (e.g. financial institutions). On the other hand, critics of cryptocurrency refer to a decentralized system that disseminates power, responsibility, and control to every and anyone. For

Access control mechanisms protect sensitive information from unauthorized users. However, when sensitive information is shared and a Privacy Protection Mechanism (PPM) is not in place, an authorized user can still compromise the privacy of a person leading to identity disclosure. A PPM can use suppression and generalization of relational data to anonymize and satisfy privacy requirements, e.g., k-anonymity and l-diversity, against identity and attribute disclosure. However, privacy is achieved at

Wal-Mart stores in 2003 Identify the issue Wal-Mart stores, one of the most successful retailing chain in the world, has gain competitive advantage over its competitors. Thanks to his unique set of features, like its powerful IT system, its way of manage suppliers or its logistic system, Wal-Mart is able to responds quickly at demand changing, maintain low costs and satisfy its customers. Framework used in analysis The analysis will be conducted using the value chain framework in order to analyze

Secondly, of all the aspects of the marketing mix, price is the one, which creates sales income, all the others are costs to the organization to achieve this goal. The price of an item is clearly an important aspect of the value of regarding sales. In theory, price is really determined by the discovery of what customers perceive is the value of the item or service for sale (Pride & Ferrell, 2016). Researching consumers' opinions about pricing is important, as it indicates how they value what they

One of the most prominent aspect of the Great Depression was that the people of United States lost confidence in the banking system and the banking crises of the 1933 followed. Until 1930s, unregulated banking system existed with the notion that increased competition would make the market more efficient increasing the consumer choice base and thus would promote resource allocation and growth. Since people at that time weren’t too supportive of centralization, there was division of power and all the

1.1. Introduction And History Everybody loves to eat pizza, especially from Pizza Hut Restaurant. Pizza Hut is American restaurant chain and international franchise, known for pizza and side dishes. It is now corporately known as Pizza Hut, Inc. and is a subsidiary of Yum! Brands, Inc., the world's largest restaurant company. In Wichita, brothers Frank and Dan Carney opened the first Pizza Hut restaurant on June 15, 1958. They had been approached by the owner of a small building who wanted a nice

CHI2565 E-Commerce Business and Technology –Class Test 2 Name………………Usman Ali………………………………………… Number……………U1061077………………………………………… Course………………ICT bsc……………………………………….. True or False Questions 2. A dashboard is a graphical display of performance results. Answer: True False 3. Intermediation is the process of buying materials, products, and services directly from suppliers, distributors, or the government. Answer: True False 4. Dynamic pricing is the most common

PART III EXAMINATION QUESTIONS CHAPTER 1: AN OVERVIEW OF LOGISTICS Multiple Choice Questions 1. Logistics clearly contributes to ___________ and ___________ utility. a. time; place b. form; time c. place; form d. possession; time e. none of the above (a; p. 3) 2. ___________ utility refers to the value or usefulness that comes from a customer being able to take possession of a product. a. Time b. Place c. Form d. Possession (d; p. 3) 3. ___________ utility refers to having products available