MIS102 Data and Networking

Slide 1 - Transmission Control Protocol is the mostly used protocol in order to access the internet. It is used to transfer data and information over the internet. Internet Protocol are a set of procedures which needs to be complied or adhered in order to transfer the data packets over the internet to the correct destination. File transfer protocol as the name suggests is used in order to transfer different types of files which includes, multimedia files, program files and many more over the internet.

Slide 2 - When a computer system tries to access the internet, they require an IP Address in order to make themselves recognized in the internet, this task is performed by the Dynamic Host Configuration Protocol, which assigns dynamic IP addresses to the computer systems. The session initiation protocol is mostly used by payment gateways in the website which helps securing the data and information. SMTP is mainly used to transfer the outbound Emails to their correct destination.

Slide 3 - HTTP is mostly used by various websites, which helps in transferring hypertexts over the internet. Post office protocol is similar to simple mail transfer protocol, where it is used to receive the incoming emails. User Datagram Protocol is the substitute of TCP, where it is used to create loss tolerating links

Slide 4 - After a transaction is made through ledger, the transaction ledger maintains the record of that. In order to establish a block chain network, a common agreement is set which is done through consensus algorithm. The peers in the network helps in establishing the block chain network.

Slide 5 - In order record the ledger transactions in a safe and stable manner, governance is required. Public block chain has a huge scope in scalability as it contains unspecified number of participant. Private block chain networks has the most privacy, as all the peers come to an agreement which is followed by everyone.

Slide 6 - Block chain technology uses a decentralized ledger which focuses on cryptography, privacy and security. Fintech industry deals with various kinds and large number of banking transactions which is the reason why it is most preferred.

Slide 7 - Block chain network is established only after all the peers and participants of the network comes to a common agreement. The network uses a decentralized ledger which helps in focusing on privacy and security

Slide 8 - Fin tech industry mostly deals with various kinds of banking transaction which needs to be kept safe from hackers and intruders. During a banking transaction the security and privacy are kept in high priority.

Slide 9 - Block chain technology contains a transaction ledger, which records all the transactions that has taken place. As it works in a decentralized ledger, it helps in enhancing speed and efficiency.

Slide 10 - Block chain network is able to work only after all the participants of the network comes to an common agreement which helps in achieving high security and as it maintains a transaction ledger, thus it helps in achieving true tracebility.

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