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Aug 15nth- Emerging Technology - Coggle Diagram
Aug 15nth- Emerging Technology
Backdoor & Trapdoor
Bug installed in telecom hardware
allow companies
to listen in or
collect data being
shared on the network
DoT
set to direct telecom companies
undertake
information security audit
their network
Objective
audit to check for
backdoor and trapdoor
vulnerabilities
CERT-In
Indian Computer Emergency Response Team
MoEIT
nodal agency
deal with cyber security threats
like hacking and phishing
strengthens security-related defence
Bancor
Blockchain protocol
allow users to convert
different virtual currency tokens
directly and instantly
instead of exchange them
on cryptocurrency exchanges
Supranational currency
UK introduce
after world war 2
not an International Currency
Unit of account
used to track
international flows of assests and liabilities
conducted through
the international clearing union
Gold
exchanged for bancors
but bancors could not
exchanged for gold
Individuals
could not hold or trade in bancor
Balanced trade
Surplus countries
with excess bancor assests
deficit countries
with excess bancor liabilities
charged to provide
symmetrical incentives
on them to take action
to restore balanced trade
Bretton Woods Agreement
collective international currency
exchange regime
currency peg to US dollar
in turn pegged to price of gold