Blockchain and Simple average: Difference between pages

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1.
''Statistics''.


A distributed, secure database of transactions, also known as 'distributed ledger technology' which may complement or replace the use of database and file transfer software used in the software systems in use by corporate treasuries.
A simple average is an average calculated without weighting factors.


For example, the simple average of 10% and 3.6% is:


2.
(10% + 3.6%) / 2


A database using distributed ledger technology (blockchain) which can be used for cryptocurrency transactions.
= 6.8%
 
 
 
<span style="color:#4B0082">'''''Blockchain defined'''''</span>
 
:"At its heart, blockchain is a relatively straightforward concept. It is a ledger of blocks of information, such as transactions or agreements, that are stored across a network of computers.
:This information is stored chronologically, can be viewed by a community of users, and is not usually managed by a central authority such as a bank or a government. Once published, the information in a certain block can't be changed.
:If people try to tamper with that information, it becomes obvious."
 
:[https://www.bbc.com/news/business-45919700 ''BBC business news:'']
 
 
Cryptocurrencies such as Bitcoin may require blockchain technology but the use of blockchain does not require the involvement of Bitcoin.




== See also ==
== See also ==
 
* [[Arithmetic mean]]
* [[Bitcoin]]
* [[Average]]
* [[Cryptocurrency]]
* [[Geometric mean]]
* [[Daisy chain]]
* [[Mean]]
* [[Distributed ledger]]
* [[Median]]
* [[Fintech]]
* [[Mode]]
* [[Ripple payment protocol]]
* [[Moving average]]
* [[SWIFT gpi]]
* [[Weighted Average Life]]
 
* [[Weighted average cost of capital]]
 
* [[Weighted average maturity]]
===Other links===
[http://www.treasurers.org/node/10047 Peer Pressure, The Treasurer, April 2014]
 
[[Category:Technical_skills]]
[[Category:Treasury_operations]]

Revision as of 20:53, 16 March 2018

Statistics.

A simple average is an average calculated without weighting factors.

For example, the simple average of 10% and 3.6% is:

(10% + 3.6%) / 2

= 6.8%


See also