ELECTRONIC CURRENCY

An electronic currency is a payment method

that occurs in digital form
TYPES OF ELECTRONIC CURRENCY

Digital currency , virtual currency, crypto currency, central bank digital base money

DIGITAL CURRENCY
A method of payment where currency is exchanged digitally using computers , mobile
phones , credit cards.

VIRTUAL CURRENCY
A virtual currency is a digital representation of value only available in electronic form
forexample tokens that can be collected or bought within a game.
TYPES OF DIGITAL CURRENCY
CRYPTO CURRENCY
Cryptocurrency is a digital currency using cryptography to secure transactions
Eg bitcoin, litecoin
Advs/disantages of digital currency
 DATA MINING

● Is the processing of searching and analysing large sets of data to establish

patterns and trends.
Stages of data mining

● Busines understanding, setting objectives ,developing the project plan and

establishing the criteria for success.
● Data understanding which involves collection of data.
● Data preparation which involves cleansing ,selection, construction and
formatting to make sure data is in a required form for the business.
● Data modelling, various test scenarios are generated to .model the data.
● Evaluation. Evaluating the results.
● deployment
Uses of data mining

● National security and surveillance

● Business
● Research
● Healthcare
● Predicting social and economic trends.
● Ethical and privacy implications
Advantages and disadvantages of data mining
Advantages and disadvantages of mining
Advantages and disadvantages of data mining
SOCIAL NETWORKING

● The use of websites and apps that allows users to communicate and
interact.

There are various types of social networking sites

Emails, blogs , microblogs, chat rooms , instant messaging, forums.

CHATROOM
Is an online service that allows multiple users to type messages to each other
allowing them to chat.
Chat rooms
Forums

● Are online places that users can post ideas , thoughts and questions.

● BLOGS
● A blog is an online version of a journal . Blogs are setup by individuals ,
groups, normally to report on their lives or a particular topic.
● A microblog is similar to a blog however posts are created with a much
smaller level of content.
● Popular blogging software include wordpress and squarespace
BLOGS

● Micro blogs are similar to blogs but posts are created with much smaller
level of content. A blog may have words that are a thousand words or more
however a microblog will have a couple of sentences or an image.
● Popular micro blogs include twitter or Instagram.

● Businesses and organizations can make use of blogs as a method of

providing information to customers and potential customers about
developments within the company.
● Education facilities such as schools can use blogs to allow parents
● and students to see what has been happening in different departments
within the school.
● Organisations such as police and law enforcement use micro blogs to
provide regular updates to communities about the problems and issues on a
local or national scale.
● Schools could use microblogs to provide a stream of information for
parents about recent updates in the school.
● Microblogs have become a popular source of news for people around the
world. New platforms can will post a headline on their micro blog that can
IMPACT OF SOCIAL NETWORKING

● Provide a link for their full article for the user to view.

IMPACT OF SOCIAL NETWORKING

POSITIVE IMPACT
Communicate with other people on a global scale.
Allows us to connect to strangers
Distribute information on a large scale
NEGATIVE IMPACT
Constant sharing which has led to comparison of our lives to others
Cyberbullying
Negative impact

● Very little concentration to be able to complete daily tasks due to taking in

constant stream of information
TECHNOLOGY ENHANCED LEARNING

● Teaching and learning has been enhanced by technology.

● There are various platforms for technology enhanced learning.
● Computer based training
● Online tutorials
● Networked learning
● Massive open online courses(mooc)
● Video conferencing
Computer based training

● Businesses and organisations can create extensive training programs for

their staff that can be accessed using computers. Training resources are
available and does not normally involve the presence of a tutor.
● These resources can be a mixture of text, sound , video , images to present
the training information.
Advantages and disadvantages
Users can learn at their own pace Learners may not have a tutor to
answer any questions they have

Different media can be used to create Staff may not be motivated to follow
an interesting set of resources the computer based training as they
aren’t being watched and driven to do
so

Staff can improve their own skills set

and knowledge resulting in promotion
and addition pay
ONLINE TUTORIALS

● One of the biggest online platforms used for tutorials is youtube. There is an
extensive set of tutorials and a huge variety of different topics from baking a
cake to fixing a car to putting on make up. Online tutorials allow users to
learn at their own pace.
Advantages and disadvantages
advantages disadvantages

There are almost online tutorials on almost The quality of online tutorials may differ
any skill or issue that a person want greatly and some may be poor quality
information about meaning it is time consuming to find one
that is good

Users can learn in their own time An online tutorial can teach a person in an
incorrect manner. This will depend on the
ability of the person who is acting as an
educator.

Different media can be used to create an

informative tutorial
NETWORKED LEARNING

● Networked learning is a form of online collaborative learning that helps

learners to connect with other learners as well as their tutors. It is designed
to help learners develop a relationship with each other as well as the tutor.
● The aim of networked learning is that learners are able to support the
learning of other learners. The whole process is facilitated by a tutor who
actively encourages participation from learners.
Advantages and disadvantages
ADVANTAGES
Learners get to work with other learners and
build relationships they could forward beyond
the course
Learners are exposed to both ability to gain
and provide feedback. This means they build
new skills and knowledge
Learners may be more motivated to complete
the task as the learning of others is also
dependent on them
DISADVANTAGES
Some learners may find it difficult to
contribute to the process as they aren’t sure
of what to give as feedback
Some learners may be over bearing and
dominate all the discussions that take place
not allowing contribution from other
MOOC(Massive open online Courses)

● These are courses that are not limited in the number of people that can
access them and have open access using the web. MOOCS are free and will
be used by a large number of learners at any one time. They will often
include filmed lectures and other resources and other resources that can be
used to interact with other learners and educators.
● Moocs allow people in similar industry to learn about their industry from
other people within that industry.
● People use moocs to develop additional career skills or explore new
interests
moocs

● Progress through courses available on a moocs using peer review , written assignments or
online tests that are automatically marked.
● They may not provide a person with a formal professional qualification but they can
demonstrate that a person will expand their own learning in their own time which could be
appealing to an employer. Examples of moocs are
• Introduction to Computer Science (Harvard / edX)
• Learning how to Learn (UC San Diego / Coursera)
• Machine Learning (Stanford / Coursera)
• Justice (Harvard / edX)
• The Science of Happiness (Berkeley / edX)
• Intro to Artificial Intelligence (Udacity)
advantages
Large selection of courses available
Can provide an employer with a
competitive advantage as it
demonstrates the motivation to learn
and improve in their own time
They are free of cost
The number of people on a course is
often a large amount or unlimited so
people do not have to wait for a place
to become available
Users can learn at their own pace in
their own time often limited by the
submission deadline for assignments
disadvantages
Some people may get over whelmed
by the number of courses available
They are often large number of people
on the courses so the educators may
not have a lot of time dedicating to
helping each learner
It may be difficult for educators to keep
track of the progress of all learners
Some learners may struggle with the
motivation to complete the tasks
Video conferencing
● Is when people communicate using computers, displaying a video stream
using internet connection
advantages
Learners can ask questions in real
time, this may improve the level of
learning and understanding
Creates increased level of
motivation as they find it more
engaging since learners can see
and hear their educator
The educator can often display
what is on the screen with other
disadvantages
video conferencing sotware can
require high broadband speeds that
may not be available in some areas
Only a small number of learners will
be able to be part of the video
conference and limited by
capabilities of the software and
internet connection
IT IN SOCIETY

● IT IN SPOT
● IT IN MANUFACTURING
● IT IN EDUCATION
● IT IN BANKING
● EBUSINESS
● NEWS AND MEDIA
● FAMILY AND HOME
● GOVERNMENT AND POLITICS
● MONITORING AND SURVEILLANCE