Provide recommendations on the future challenges for transnet
Database System Concepts
7th Edition
ISBN:9780078022159
Author:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Publisher:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Chapter1: Introduction
Section: Chapter Questions
Problem 1PE
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Provide recommendations on the future challenges for transnet
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Transcribed Image Text:Read the article provided titled 'loT-enabled banking services' (Annexure A) by
Infosys Limited (2018) and answer the questions that follow.
1. What is your understanding of an loT-enabled banking service? (3)
2. Provide a brief summary of the evolution of loT. (9)
3. Explain the potential benefits and risks to the adoption and application of loT-
enabled banking service. (6)
4. Are there any practical examples of the potential risks? List and explain one. (4)
5. What would you propose as possible solutions to the challenges you stated
tivity 3
above (Question 3 and Question 4) to minimize such risks to your bank in the 4th
industrial revolution era? (5)
6. What factors do you think enable banks to effectively implement loT-enabled
banking service? Explain three factors. (9)
7. What do you think is the level of development of loT-enabled banking in South
Africa? Support your answer. (8)
8. In relation to the internet of things (loT) and artificial intelligence (AlI), what do
you think could be the future development trends for the banking system which
the South African banks should get ready for? (11)
Total: 55
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