I have chosen the topic of crypto currency, I thought this was a cool topic because I know how big of a topic it was not even a year ago. I wanted to get into crypto currency but I was not willing to risk losing my money incase it was all just a joke for the smaller companies and I did not want to lose a lot of money in the end. A little to know about crypto currency is crypto currency is a form of digital asset based on a network that is distributed across a large number of computers. This decentralized structure allows them to exist outside the control of governments and central authorities. The advantages of crypto currencies include cheaper and faster money transfers and decentralized systems that do not collapse at a single point of failure. The disadvantages however of crypto currencies include their price volatility, high energy consumption for mining activities, and use in criminal activities. While going a little more in depth with the advantages Crypto currency can offer investors diversification from traditional financial assets such as stocks and bonds. While there’s limited history on the price action of the crypto markets relative to stocks or bonds, so far the prices appear uncorrelated with other markets. meaning crypto currency can be more trust worthy than just a regular stock or bond in most cases.
Month: December 2023
Mobile Apps
The 2 apps that I will be going over is going to be Tik Tok, and Instagram.
Starting with Tik Tok, I think this app is great, only for the reason that the target audience is yourself. When you get Tik Tok you start you feed off with random videos that Tik Tok just throws at you and it slowly adjust to the videos that you like and save and repost to give you a full feed based on what you like. I use Tik Tok a lot of my free time because the videos are being suggested to me for a reason, it is all videos that they know I will enjoy. You also have a feature that allows you to send videos to your friends, and a follower tab so if you do not like that page that is made for you, you can watch the videos from the creators that you follow which is always a bonus. Tik Tok is used for entertainment purposes just to watch short videos that you can enjoy in your free time. Tik Tok generates revenue from ad revenue and in-app gift purchases. The ads function synonymously as those from other social media platforms: advertisers select their target demographic and Tik Tok places this messaging in front of the advertiser’s desired audience.
Instagram alike Tik Tok is made for you by the people that you follow. Instagram is a website or app that you use to keep up with your friends and family, you can post pictures and videos of what you do in your life, it can be occasional or 10 a day which is why its nice. Instagram is just a good place for people to hang out and send videos to each other and keep up with one another’s lives without reaching out to that person all of the time. The Instagram business model is primarily based on advertising. The platform has many advertising formats, such as photo and video ads, carousel ads, story ads, and sponsored content. With over 2 billion active monthly users, the popularity of this social media platform is growing exponentially. The easiest way to use Instagram is to just test out everything before you start asking people for their Instagram that way you know what you are doing.
The Cloud
There are many cloud services you can choose. I am choosing to go with AWS also known as Amazon Web Services, along with the choice of google drive cloud.
Starting with AWS they have many great features of storing stuff through the web AWS is the world’s most comprehensive and broadly adopted cloud, offering over 200 fully featured services from data centers globally. Millions of customers—including the fastest-growing startups, largest enterprises, and leading government agencies are using AWS to lower costs, become more agile, and innovate faster. I would say yes this does work NOT in the cloud as it has such a good strange system that it can work without the cloud entirely and still keep all the data stored. The advantages of having it on a distributed network is that AWS enables you to select the operating system, programming language, web application platform, database, and other services you need. With AWS, you receive a virtual environment that lets you load the software and services your application requires. This eases the migration process for existing applications while preserving options for building new solutions. it just gives you so much free rein when using it. I do not have any concerns with AWS not keeping my privacy hidden, they are already such a big company that it would be detrimental if private information got out under their supervision, so they take it to the fullest seriousness which is why I can say I trust AWS a lot.
Google Drive is also a great cloud storage system, they are very large and very trustworthy. Google Drive lets you store files of all shapes and sizes. And you can then share these or keep them safely and privately in your Drive; the choice is yours. Files attached to emails can also be saved straight to Drive, which means you can keep important attachments organized and right where you need them. Unfortunately though Google Drive is a cloud-based storage service that enables users to store and access files online. The service syncs stored documents, photos and more across all the user’s devices, including mobile devices, tablets and PCs which is a bit of a bummer but they are still one of the best cloud storage services you can get. The advantage of having it on a distributed network is that you can take it anywhere you would like and still access what you need when you need it and you do not even have to be on internet to access the files, incase you do not trust the internet of the place you are at when you open up google drive. I have no concerns with the chance of my information being leaked anywhere, google has always been very good about keeping information that you want private, to stay private which is why I think they are a great cloud storage system.