What Is an Information Silo?

An information silo is a term used to describe a situation where information is not shared between different parts of an organization. This can lead to inefficiencies and a lack of coordination. How do silos work? Silos are essentially automated investment platforms that allow users to invest in a variety of assets, including stocks, bonds, … Read more

Business Logic.

Business logic is the set of rules that govern how a business operates. These rules can be formalized into algorithms or decision trees that can be used to automate decision-making processes. Business logic can also be embedded in software applications that automate business processes. What is an example of business logic? An example of business … Read more

Micropayment Definition.

A micropayment is a very small financial transaction that occurs online. Micropayments are usually made in order to access digital content or services, or to make small purchases. They can be made using a variety of methods, including credit cards, debit cards, and digital currencies. Micropayments are becoming increasingly popular as a way to monetize … Read more

Very Small Aperture Terminal (VSAT).

A Very Small Aperture Terminal (VSAT) is a type of antenna used for two-way satellite communications. VSATs are often used for point-to-point or point-to-multipoint communications, and can be used for either voice or data communications. VSATs are typically used in remote locations where there is no other means of communication available. What is VSAT technology … Read more

What You Should Know About RegTech.

RegTech, or regulatory technology, is a term used to describe the use of technology to help organizations comply with regulations. This can include everything from software that helps companies track their compliance with regulations, to blockchain-based systems that can help ensure the integrity of data. There are a number of benefits that can be gained … Read more

What Is Knowledge Engineering?

Knowledge engineering is the process of designing and building computer systems that can acquire, represent, and reason with knowledge. It is a multidisciplinary field that combines areas of artificial intelligence, computer science, cognitive science, linguistics, and anthropology. The goal of knowledge engineering is to develop computer systems that can perform tasks that require human levels … Read more

What Is a Black Box Model?

A black box model is a mathematical model or computational method that is unable to be readily explained or understood by humans. Black box models are often used in fields such as finance and machine learning, where the goal is to make predictions or decisions based on data, rather than to understand the underlying mechanism. … Read more

What Is a Digital Transaction?

A digital transaction is a type of transaction that takes place online, using electronic means. This can include transactions made using credit or debit cards, as well as those made using digital currencies such as Bitcoin. In most cases, digital transactions are made using some form of payment gateway, which allows the buyer and seller … Read more