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Acc Software App Unit 2 - Coggle Diagram

- - - - Time reductions
      - New product development and optimized offerings
      - Cost reductions
      - Smart decision-making
      - Detect fraudulent behaviour
      - Determine root causes of failures and issues in near-real time
    - - Value
      - Veracity (accuracy+trustworthiness)
      - Variety
      - Velocity
      - Volume
    - - Unstructured (no clear format-majority of data in existence)
      - Semi-structured (some organisational properties that make it easier to process)
      - Structured (captured by sensors, weblogs, financial systems,etc.)
- - - - Its own hash
      - Hash of previous block
    - - Decentralized
      - Builds trust
      - No more intermediaries
    - - Contracts that self execute
    - - Immutable records
      - Shared economy
      - Remittance ripoff
      - Enabling citizens to own and monetize data
      - Compensation for intellectual property