Blockchain and Fan chart: Difference between pages

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1.
''Forecasting''.


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.
Fan charts are designed to illustrate the risks surrounding forecasts, often based on past forecast errors.


 
They show a central best-estimated future path, together with widening bands around it, indicating the probabilities and confidence intervals around the central forecast.
2.
 
A database using distributed ledger technology (blockchain) which can be used for cryptocurrency transactions.
 
 
 
<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 ==
*[[Chart]]
*[[Confidence interval]]
*[[Consensus forecast]]
*[[Forecast]]


* [[Bitcoin]]
[[Category:Knowledge_and_information_management]]
* [[Cryptocurrency]]
[[Category:The_business_context]]
* [[Daisy chain]]
* [[Distributed ledger]]
* [[Fintech]]
* [[Ripple payment protocol]]
* [[SWIFT gpi]]
 
 
===Other links===
[http://www.treasurers.org/node/10047 Peer Pressure, The Treasurer, April 2014]
 
[[Category:Technical_skills]]
[[Category:Treasury_operations]]

Latest revision as of 08:47, 28 April 2022

Forecasting.

Fan charts are designed to illustrate the risks surrounding forecasts, often based on past forecast errors.

They show a central best-estimated future path, together with widening bands around it, indicating the probabilities and confidence intervals around the central forecast.


See also