Transforming Accounting with Blockchain and AI
Blockchain Fundamentals: Bitcoin and Ethereum
Blockchain is a decentralized, distributed ledger system that records transactions in a secure, verifiable, and tamper-resistant manner. It operates without a central authority by relying on cryptography and consensus mechanisms to validate transactions across all nodes on the network. Bitcoin, the first major application of blockchain technology, was designed as a digital currency running on a public and permissionless blockchain. It uses Proof of Work,
Read MoreBlockchain Technology Fundamentals: Bitcoin, Ethereum, and Consensus
Blockchain Technology Fundamentals
What is Bitcoin?
Bitcoin is the foundational concept that introduced the world to blockchain technology. It is fundamentally a decentralized, peer-to-peer electronic cash system designed to solve the Double-Spending Problem without relying on a trusted third party like a bank. The Bitcoin network operates on a public, immutable ledger (the Bitcoin Blockchain) which chronologically records every transaction. This ledger is secured by the Proof-of-Work (PoW) consensus
Read MoreComparing Brick-and-Mortar and Online Business Models
Comparison Between Brick-and-Mortar Model and Online Business Model:
Basis of Comparison | Brick-and-Mortar Model | Online Business Model (E-Business) |
Meaning | Traditional business with a physical store where customers visit to buy goods/services. | Business conducted over the internet through websites or apps without a physical store. |
Presence | Physical presence (shops, offices, showrooms). | Virtual presence (website, e-commerce platform). |
Customer Interaction | Face-to-face interaction with customers. | Interaction through |
Understanding Reaction Time and Information Processing
Information Processing & Reaction Time Revision Sheet
1. Core Concept
The human brain processes information like a computer, in a series of stages from receiving a stimulus to producing a response. The speed of this processing can be measured by Reaction Time (RT).
2. The Information-Processing Model
A three-stage model explaining how sensory input is transformed into motor output.
Input: Information from the environment received via the senses.
Stimulus Identification Stage: Deciding if a stimulus
Key Practices for Agile, SAP S/4HANA, and E-commerce Success
Agile Project Management
- Iterative Development
- Regular Sprint Reviews
- Continuous Integration
Business Process Management
Business Process Optimization
- Predefined KPIs with process content
- Root cause analysis
- Automated problem resolution
Core Disciplines
- Business Process
- Project Management
- Testing
CRM System Optimization
- Improve the clarity and detail of user stories
- Allocate additional time for testing external system integrations
- Engage with stakeholders to clarify requirements
E-commerce Development Practices
These
Read MoreSports Science Fundamentals: Physiology, Testing, and Recovery
Energy Systems, Fitness Components, and Performance Testing
ATP and Energy Systems
ATP (Adenosine Triphosphate) – Molecule that provides energy for muscle contractions. Limited storage.
Aerobic – With oxygen.
Anaerobic – Without oxygen.
Three Main Energy Systems
ATP–PCr System (Anaerobic)
Duration: ~5 seconds or less.
Very high intensity.
Uses stored creatine phosphate (CP).
Recharges ATP without oxygen.
Glycolysis System (Anaerobic)
Duration: 30 seconds–3 minutes.
High intensity.
2 ATP from glucose,