The Impact Of Online Banking On Global Markets Finance Essay - Free Essay Example

Online banking has been shaping and shaking the financial sector world wide. But sustainability depend on proper understanding of consumer, there demand and the way they use it. The main objective of this report is to focus on technology (especially IT) use in banking sectors. It also focuses on Limited Purpose Bank and Credit Card system. Thus objectives of the study are to: Changes of future banking sector and impact of information systems. Limited purpose bank and use of technology in facilitating special purpose. Consumer banking and various consumer facilities provided by bank using information systems. Understand and suggest the online bank on the basis findings. Credit card banks, sub-prime lenders, and Internet primary banks [Mahboob, 2001] FUTURE OF BANKING SECTOR Consolidation of the banking industry: What are the prospects for, and implications of, further consolidation of the banking industry, particularly relating to safety and soundness, market concentration, and small business credit? Combinations of commerce and banking: In future the questions may arise concerning the pros and cons of allowing common ownership and the options for regulating combinations. Supervisory issues: The implications for bank supervision f or the growing complexity of large banking organizations may be other questions. Governance issues: There are many corporate scandals that have led to efforts to hold our corporate management and directors to a higher level of standard [Willium, 1996] LIMITED PURPOSE BANK Limited-purpose banks are institutions that specialize in relatively narrow business lines. Making a certain type of loan, serving as a subset of consumers and offering different innovative products some limited-purpose banks create their market. They focus niche marketing concerning limited set of activities these banking institutions can develop expertise in particular business lines and can become efficient producers. Specialization may have been promoted by technological innovations. Credit card banks offer their customers both convenience and liquidity by providing a financial product that can be used as a means of payment and a source of instant credit. Some banks provide banking services through internet are known as primary banks[American Banker,1996] CREDIT CARD BANK The credit card banks provide their customers with both convenience and liquidity by offering a product that can be used as a payment device and as an open-end revolving credit. There is no fixed duration to allow credit card loans that complicates the measurement of interest- rate risk. It creates the problems of adverse selection because of mass marketing of credit cards, small average balances on individual accounts. High interest rates results in high profitability of credit card loans, fee income, securitization, successful use of technology, and scale economies in operations. We can expect that the prosperity of credit card banks will continue [Ashust, 1996]. Benefits and Costs for Participants in the Credit Card Type of Participant Function Benefits Costs Cardholder Purchases goods and services Convenience of making purchases Without carrying cash Ability to time payments to match cash flows Access to credit Access to float Use of bonus features Interest rates and fees Difficulty managing credit Merchants Sells goods and services Access to large number of consumers Ability to sell to consumer needing credit without carrying credit risk Guaranty of payment Need to pay interchange fees on sales to cardholders Loss of private credit accounts (customer loyalty, marketing information, interest income) Issuing Bank Collects payments from cardholders Extends credit to cardholders Distributes cards Finances receivables Authorizes transactions Ability to collect on interest rate spreads Ability to collect fees from cardholders Ability to share in interchange fees from merchants Ability to crosssell to consumers OperationaI costs Some fraud risk Card Association Promotes the brand Establishes rules, standards and protocols governing participation in network Sets int erchange fee structure Collects transaction fees Collects assessment fees Marketing costs Cost of fraud reduction programs Operational costs of maintaining network TECHNOLOGICAL USE IN BANKING SECTOR Technological improvements have played an important role in the growth of limited-purpose banks as well as in the broader financial services industry. Some people think that specialization in financial institution comes from improvements in technology. Banking sector is going to get fully technology based. Most valuable reasons are the huge task conducted by business firms. Banks are giving consumer service and getting more consumers oriented such as ATM service, Internet Banking, SME Loan, Priority Banking and so on.Banks are now competitive because of combination of banks and commerce. So they have to provide quick service such as check funding, quick withdrawal, fund transfer, LC opening etc. For various purposes data-mining techniques are used in the finan cial industry. Credit scoring is the most mentionable example of the use. To produce a score to summarize a credit risk, credit scoring uses statistical techniques and historical data. Credit scoring is used to speed up credit decision to attract new customers, institutions use data-mining techniques to identify potential customers. In todays financial services industry electronic payment systems are important innovations having methods of transferring funds electronically. Because of having less physical branches these banks rely on ATMs to give their customers access to their cash and on the automated clearing house (ACH) to transfer fund. Credit card banks can process the payments within short time and having no physical existence of branches because of the development of technology. This dramatically reduces the cost of credit card banks. This development benefitted the credit card card banks as well as customers. Credit card banks take the traditional notion of banking as challenge and they have unique product mixes and business models to attract considerable attention f the customers [Basel, June, 1996] BANKING TECHNOLOGY Banking Kiosk Cheque Deposit: A unique feature of the Versa Banker is its cheque deposit capability. It issues a receipt to deposit a cheque with a scanned image of the cheque. If a cheque is endorsed at the back detail transaction report is generated for the department of MIS of the bank. Personal Enquiries: The Versa banker allows you to check your account balance, print a mini statement and make cheque book requests. Internet Banking: Connect to the internet and carry out transactions through e-banking, with the help of Versa Banker. It is asked by the bank to view details of ones account and after that to make transactions online. ATM TMs were originally developed as just cash dispensers; they have evolved to include many other bank-related functions. ATMs include many functions which are not d irectly related to the management of ones own bank account, such as: Updating  passbooks Paying routine bills, fees, and taxes (utilities, phone bills, social security, legal fees, taxes, etc.) Deposit currency recognition, acceptance, and recycling. Loading monetary value into  stored value cards Printing  bank statements Purchasing Concert tickets Postage stamps Shopping mall  gift certificates Lottery  tickets Train tickets Movie tickets Donating to charities Adding pre-paid  cell phone  credit. Cheque Processing Module Games and promotional features ELECTRONIC FUNDS TRANSFER Electronic funds transfer  or  EFT  refers to the  computer-based systems used to perform  financial transactions  electronically. There is a number of different concepts that use this term: A cardholder makes use of payment card Direct deposit  payroll payments for a business to its employees, possibly via a  payrol l services company Direct debit  payments from customer to business, where the transaction is initiated by the business with customer permission Electronic bill payment  in  online banking, which may be delivered by EFT or paper check Wire transfer  via an international banking network (generally carries a higher fee) Electronic Benefit Transfer MICR Check The MICR stands for Magnetic Ink Character Recognition. This technology is unique and uses magnetically chargeable ink and/or toner to print the special characters or numbers on the bottom of the checks. E-13B: CMC-7: United States of America France Canada Spain Australia United Kingdom Other Mediterranean Countries Japan South America (except Colombia) India After printing, the documents are then processed mechanically and electronically through a reader-sorter machine. BANKS in BANGLADESH USING INFORMATION TECHNOLOGY The two main technology based bank in bangladesh are- Dutch Bangla Bank Ltd (DBBL) Eastern Bank Ltd (EBL) TECHNOLOGY USED BY DBBL Dutch-Bangla Bank offers a complete electronic banking facility for your company around the clock. Most multi-nationals use this service because it is advanced, secure and affordable. DBBL creates a custom banking service to suit any business of any size. The services have a wide range that includes cash flow services, distribution banking and salary accounts. If a company knows what type of custom and tailored banking service they need, DBBL can provide it instantly and at minimal cost (usually free of charge). For example for your starting point, DBBL has created Employee Banking program which allows: Providing employees with timely salary payments Transactions are properly logged for your easy reference Seamless and error free distribution of salaries Highly secure way of distributing money Lower manpower needed Reduces cash theft and misappropriation No cash at hand in the office, all cash finally distributed through the largest ATM network in Bangladesh DEBIT / CREDIT CARDS Dutch-Bangla Bank family, always believe that, as in everything else, you deserve the best in banking too. We are here to assist you 365 days round the clock through our Customer Care Center.Normal cards use a magnetic strip at the back of the card. The information and security on that magnetic strip is stationary and does not change. Hence it can be easily duplicated. But NexusEMVs processor uses its processor to fully digitally lock all the information. It prevents the information from being copied as the processor generates security codes rather than store it. It is a form of encryption. INTERNET BANKING DBBL allows you to do seamless intern et banking. This allows you to review your account, statements, paying bills as well as making some transactions. Because of local banking regulations, DBBL is not allowed to provide some types of transactions even though it is fully capable. Additional Internet Banking Features for Corporate Banking: Letter of Credit Bank Guarantee Limits Query SMS/MOBILE BANKING DBBL pioneered Mobile Banking in Bangladesh. It was the first bank to offer banking facilties through a wide range of mobile phones. SMS (Short Messaging System) is an extremely unsecure method to do mobile banking. The mobile phone networks are unsecure and there is nothing DBBL can do but to take precautionary steps. To make the most of this unsecure scenario, DBBL issues you a mobile PIN number which is different from the DBBL pin number for your mobile transactions. Not under any circumstances is the DBBL PIN number to be used in mobile banking. A different PIN number and a mobile transaction limit im posed by DBBL provide some security (but not all) over the unsecure phone network. Clients should be aware and cautious that although DBBL does its best, it cannot guarantee full security over a phone network it has no control over. EBL INTERNET BANKING EBL Internet banking application addresses the needs of small, individual and corporate account holders of the bank. List of Transactions: Fund Transfers and Payments: The customer can choose to transfer funds by selecting different mode of transfers. The user also has the right to select source and destination accounts depending upon his rights. Utility Bill Payment: The customer can make Utility Bill Payments to utility companies as set up by the Bank by transferring funds from his/her Savings or checking accounts. Deposits: Maintain Deposits The user can view all the deposits maintained by the corporate. Request for rollover of deposits The user can request for a rollover of a deposit upon matur ity. Request for premature closure of deposits The customer can redeem/encash a deposit prior to matuity. Session Summary: The customer will be able to view a log of the transactions performed in a session. SECURITY MECHANISMS Encryption Encryption is the usual way to meet the data confidentiality requirements and although using a symmetric algorithm (symmetric or asymmetric) could be used, there are good reasons for using symmetric [Financial times, November 8, 1996]. Message Authentication A Message Authentication Code (MAC) is a cryptographic checksum, calculated using a symmetric algorithm, which is appended to a message and which can be verified by the recipient of the message. The use of MAC is one method of providing the integrity and authentication services, but it is not appropriate for meeting the requirements for no repudiation. Digital Signature A digital signature is a checksum, calculated using the private key of an asymmetric key pair, which is appended to a message and which can be verified by anyone with access to the corresponding public key. The digital signature is dependent on the complete message, so any change to the message will be detected. The real difference between MAC and digital signature is that as well as providing integrity and authentication, the later also provide non-repudiation. Algorithms and Cryptographic Mechanisms The constraint linked with each cryptographic algorithm (computation resources, time to compute, key management, algorithm capability and design†¦) limits their use for only a given number of security services. The following table lists the main security services and states whether RSA or DES (Data Encryption Standard) can address them [Denny, 1998] CONCLUSION The present status of e-banking is not satisfactory in case of virtual banking, call center and SMS banking. But all banks under study have their connectivity with SWIFT channel. Major reason is that secu rity concern. One study in Europe reported that there is 2.6% increase in establishment of Bank branches. That means that E-Banking is declining in Europe. The main concern is security. So, data confidentiality, integrity, proof of origin, peer entity authentication, non-repudiation must be ensured. A few problems have been experienced by the IT heads in the Banks such as withdrawal of money beyond the limit. This has taken place at ATM booths because there is agreement between Banks regarding networking sharing. Gigantic fraud does not take place because there is limit in ATM Debit and Credit card to withdraw money from the booths [Barbara, 1997]

The Presidency Trouble with Trumps Ideology - Free Essay Example

The streets are flooded with masses of signs that read we care and stop the hate each held up high by children, adults, men, and women of all races. These are citizens that stand chanting by one another pleading for the U.S. to step out of the ignorance that the country has fallen into. At this point the concept of not repeating the same mistakes in history would seem wise, but they have been overlooked. The President has provoked citizens to discriminate against other racial groups and each other by expressing his personal opinions; although they are platforms of free speech, Trump has taken advantage of those rights. Therefore, citizens should not pay much attention to his extreme views. After Trumps presidential campaign, there has been an increase in harassment due to the manner in which Trump has persuaded many. While these cases are more common in adults, the tension has also spread into the lives of many children. Dr. Bandy Lee, a psychiatrist who specializes in violence, has introduced The Trump Effect, which is the increase of bullying in schools after Donald Trumps presidential campaign (42). The Presidents name has been used as a chant by other children to evoke fear onto classmates as if mentioning the boogeyman. This leads many parents to worry about the criticism that they receive due to their heritage, and introduces them to the prejudice of American society. On the other hand, there are adults justifying their hate crimes against minorities with the hostility that Trump introduced in his campaign. In a statement by the Southern Poverty Law Center, it reports that, in the two-week period between Election Day and February 9, 2017, there were seventy anti-Jewish incidents and thirty-one anti-Muslim incidents, the majority being bomb threats (Lee 44). Although, the President has never directly told his supporters to kill anyone, he has definitely conveyed to many that they may manipulate his words for their own convenience. To say nothing of the topic would inevitably lead to further issues that the President would then put aside. Not to mention, the President does not shy away from his personal opinions. In fact, he actually encourages others to follow in his footsteps during his rallies. For instance, during the 2016 presidential election, Trumps campaigns started with yelling Get em outta here! (Trump qtd. in The Dangerous Case of Donald Trump). Even though he did not mention who, many can assume that the reference was towards Mexicans and Muslims due to his stance on immigration. After all, he made it clear in his campaign that his priority as president would be to deport all the dangerous people. It seems that his campaign was a preview of what his presidency would entail with the derogatory remarks. Not only was Trumps criticism addressed towards citizens, there were also some directed to President Obama. In particular, Trumps discontent with President Obamas victory led to the Birtherism conspiracy, which was solely based on the idea that Barack Obama was not born a U.S. citizen. Although the conspiracy was introduced in the 2008 presidential election, Trump brought it up during the re-election and Lee argues that he uses it, as a jumping-off platform to launch his presidential candidacy (261). Such ideas were debunked by President Obama himself but many did not believe it to be true for the simple manner that he looked different from the other presidents. It only emphasizes how President Trump was very cunning with his remarks in discriminating. Not only was he attacking a Former President, but he was also carelessly putting him in harms way without thinking of how others may react. At the time Trump may not have been in office, but his reputation was definitely building up. Without a doubt, the President has taken advantage of the position that the people of the U.S. entrusted him with. Consider when he managed to pass a ninety-day travel ban deceiving many Muslims and brought a new fear into Americans, that he is going to use executive power (Lowery). The act was so sudden that many citizens could not leave airports because they had to go through security checks, which held up many travelers. Refugees that were arriving with the hope that the U.S. would take them in were disappointed with the news that help would not be offered. Many thought it to be an abuse on the Presidents part since his reasoning behind the ban were accusations towards the Muslim community. After some time the ban dissolved, but there was residue that left many Americans fearing excessive power in the government. Similarly, President Trump revoked Jim Acostas press credentials when a presidential press conference started getting heated and some false accusations were made. Later a federal judge ordered for the recovery of Acostas credentials. Although, the case is expected to go on, Trump has decided to impose rules on future press conferences to avoid disagreements. However, Nancy Gertner, a formal federal judge and a Harvard Law School professor, remarks: This ruling is not saying that what Acosta did was the right thing or the wrong thing. The judge ruled that the president cant revoke his credentials without due process: a statement of what he did wrong, an opportunity to respond, a final decision. The ruling leaves those issues and his First Amendment challenge for another day. (Grynbaum) Even though Acosta filed a lawsuit and recovered his credentials, the possibility that Trump could revoke credentials in a matter of seconds is what impacted many. Not only because they were credentials but mostly because it was an attack towards someone that went against what he said. Many were also angered because President Trump acted out of emotions instead of taking the lawful steps when revoking press credentials. It should also be noted that Trumps messages have gone farther than expected with the help of social media. Notably, the neighboring country, Canada has conducted studies that have proven, a 600 percent increase in the amount of intolerant hate speech on social media by Canadians between November 2015 and 2016 (Racists misogynists). This is more commonly seen with the use of hashtags as a movement created by extremists. The internet is a place to express ones opinions, but when someone with authority does so, they should know the amounts of views it will receive. That very number may be what fuels the President. As a result, easy access to technology means that everyone knows what the President has done in a matter of seconds. Therefore, the U.S. had to make a tough choice during the election. Up until Donald Trumps presidency, there has been a long streak of fear accumulating among immigrants, children, and Americans. Since the campaign, there has been an increase in bullying at schools and the use of racial slurs are starting to be thrown around like confetti. Even before the inauguration the President was very vocal on immigration and was insensitive towards the topic. There are many platforms that the President has access to, but that does not mean that he should excessively use them as much as he has. When the boundaries set in place are overstepped, it results in a rift between the civilians. The worst part is that the President has awoken this hate and is not doing anything to stop it. On the contrary, he is fueling it through his words and actions in office. Friends and families are being separated by the very person that was elected to unify and strengthen the country. Works Cited Grynbaum, Michael M., and Emily Baumgaertner. Judge Orders the White House to Restore a CNN Reporters Credentials. New York Times, 17 Nov. 2018. Global Issues in Context. Accessed 23 Nov. 2018. Lee, Bandy. The Dangerous Case of Donald Trump: 27 Psychiatrists and Mental Health Experts Assess a President. St. Martins Press, 2017. Lowery, Wesley, and Josh Dawsey. Early chaos of Trumps travel ban set stage for a year of immigration policy debates. The Washington Post, 7 Feb. 2018. Global Issues in Context. Accessed 29 Oct. 2018. Racists misogynists do not deserve a platform anywhere. Toronto Star, 9 Sept. 2018. Global Issues in Context. Accessed 30 Oct. 2018.

Essay on The Role of Men and Women - 940 Words

In order to fully comprehend and appreciate the implication of literature and the power it has to elucidate upon life’s various facets, it is imperative to compare and contrast various works, which possess certain concepts and beliefs that are common. No Exit by Jean Paul Satre and Night Flight by Antoine De Saint-Exupery are two works of literature that share certain ideas and concepts, one of which is the exemplification of the different roles that men and women play in society and how they have been conformed to occupy certain positions. No Exit and Night Flight are two stories that explore the roles of men and women in society. However, a literary analysis and comparison of these two works reveals two very different sides of the†¦show more content†¦In my opinion, gender roles are being challenged today to a certain degree, but in order for us to become more open-minded, it is imperative to find a central path between the two extremes. While it is important for us to maintain our physiological differences and fulfill certain individual responsibilities, it is equally important for women to assume more significant roles outside the household and to realize their full potential. No Exit, by Jean Paul Satre follows three characters who have been condemned to â€Å"hell†, for the evil deeds committed by them. Here, Satre has represented hell, not in its biblical or Christian sense, where the sinners and transgressors are tortured, but as a room, with no windows and only one door, and where the inhabitants are left alone with their thoughts and the other persons that reside therein. As the play unfolds, the audience is made aware of the sins committed by the individuals that have caused them to be here, including adultery, murder and cowardice. Through this explication, the author has showed us the differing gender roles adopted by men and women but more importantly how certain individuals will tend to deviate from these norms. Though the expected norm is for a man to be brave and fearless, Joseph Garcin is a coward and refuses to accept his responsibilities, made abundantly clear by hisShow MoreRelatedRoles Of Men And Women1250 Words   |  5 PagesWhen you think of the roles for men and women in a relationship, what do you think of? Do you see both men and women working full time jobs or do you only see the man working and the wife staying at home? Roles are continuing to change in many ways. People can choose to either get married young or wait until they are older. We get this picture in our head of how our love lives are supposed to be from the media. Some people consider their jobs to be just as important as their relationships. 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When we happen upon an eventRead Moremice and men - role of women1028 Words   |  5 Pagesï » ¿In the world of migrant workers in 1930s America, the main roles of women was to help and serve men, and were mostly regarded as either domestic housewives, or highly sexualized objects to be used and discarded. Women were traditionally and commonly thought of as the homemakers that took care of the home and children in this time. In MM, women are represented quite negatively, and as if they are to blame for all the men’s troubles. In the novella, the migrant laborers were unable to settle downRead MoreGender Roles Of Women And Men845 Words   |  4 Pagesexpected to play specific gender roles. In Canada women and men are thought of as equal, having the same rights to respect, autonomy, and independence (Bonvillain and Miller 2013: 39). The CBSA ignored this right when the agency allowed religious travellers to avoid female guards. Although men and women may have different roles in their households and communities, their work and activities are equally valued and socially rewarded (Bonvillain and Miller 2013: 39). These roles play an important part in shapingRead MoreMens and Womens Role Essay558 Words   |  3 Pagesyears, roles of men and woman have changed tremendously. During the 1950s men and woman were viewed contrastively, expected to fulfill certain roles. Men worked outside the home however women were expected to stay within the home. Men have been tasked with providing money for the family whereas women had no choice but to become housewives, meaning they had to be caring mothers, hard-working homemakers, and respectful wives. However in 2013 men and women have a choice on what they want their roles to

A Comparison of The Matrix and Platos The Allegory of...

A Comparison of The Matrix and Platos The Allegory of the Cave In the movie The Matrix we find a character by the name of Neo and his struggle adapting to the truth...to reality. This story is closely similar to an ancient Greek text written by Plato called The Allegory of the Cave. Now both stories are different but the ideas are basically the same. Both Stories have key points that can be analyzed and related to one another almost exactly. There is no doubt that The Matrix was based off Greek philosophy. The idea of freeing your mind or soul as even stated in The Allegory of the Cave is a well known idea connecting to Greek philosophy. The Matrix is more futuristic and scientific than The Cave but its the same Idea. Neo is†¦show more content†¦Human beings living in an underground den, which has a mouth open towards the light and reaching all along the den; here they have been from their childhood, and have their legs and neck chained so they cannot move, and can only see in front of them, being prevented by the chains from turning ro und their heads. Above and behind them a fire is blazing at a distance, and between the fire and the prisoners is raised a way; and you will see, if you look, a low wall built along the way, like the screen which marionette players have in front of them, over which they show the puppets. This first paragraph that begins the story is perfect in showing The Matrix ideas. Humans live in pods in large fields were they are grown. So like in the story they are prisoners even as children and they are plugged into the matrix or chained so they cannot move. The fire behind the prisoners is like the matrix program it self, its there to make illusions and make the prisoners think what they see is real. Lastly there are the puppeteers who make shadows using the fire and create illusions. The puppeteers can easily be linked to the machines that hold the humans as prisoners and make what happens in the matrix happen. Such as the puppeteers make shadows in the fire to trick the humans, the machines do the same thing in The Matrix, its just in a more advanced and complicated way. The machines createShow MoreRelatedThe Matrix, Descartes First Meditation, And Plato s The Allegory Of The Cave909 Words   |  4 Pagesis in life. Humans have a natural instinct to raise questions to mate rial that we are uncertain of. The movie The Matrix, Descartes First Meditation, and Plato’s The Allegory of the Cave all raise different aspects to questions such as do I exist, what is reality, and how do I know? In The Allegory of the Cave, Socrates and Glaucon are conversing. Socrates asks Glaucon to image a cave, where prisoners are kept and have been kept since their childhood. They are each tied up so they cannot move, notRead MoreComparing Platos The Republic, Rene Descartes Meditations I, and the Film The Matrix667 Words   |  3 Pagessimilarities found in certain sections of Platos The Republic, Renee Descartes Meditations I, and the 1999 major motion picture The Matrix. The basic tenet that fuels Socrates Allegory of the Cave and the other two previously mentioned works is that reality through the human senses cannot be trusted, may not be true, and cannot necessarily be validated through the human senses. Based on this central premise, there are a number of specific points of comparison existent between this literature andRead MorePlato’s Allegory of the Cave and The Matrix Essay2251 Words   |  10 PagesThe Republic is considered to be one of Plato’s most storied legacies. Plato recorded many different philosophical ideals in his writings. Addressing a wide variety of topics from justice in book one, to knowledge, enlightenment, and the senses as he does in book seven. In his seventh book, when discussing the concept of knowledge, he is virtually addressing the clichà © â€Å"seeing is believing†, while attempting to validate the roots of our knowledge. By his use of philosophical themes, Plato is ableRead MoreComparing The Matrix With Readings From Plato And Descartes1023 Words   |  5 Pagescontrasting The Matrix with readings from Plato and Descartes This essay will discuss The Matrix, from synopsis of the following; The Republic by Plato, depicting the famous cave allegory, and Meditations on First Philosophy by Descartes, offering doubt that some senses are accurate. By examining these two readings, and the movie, it will allow the author to show some comparisons, and to show how they are also different as this essay indicates the world is very real. 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Hill II Liberty University John Hill Professor Allyn Kyes Philosophy 201 October 18, 2012 The Matrix, The Cave And Meditations Thesis: There are many similarities in the Matrix ( Wachowski, Andy, and Lana Wachowski 1999 ), The Allegory of the Cave ( Plato ) and Meditation I of The Things of Which We May Doubt ( Decartes, 1641 ). It appears as you take a close look at the Matrix that it is a retelling of â€Å"TheRead MoreEssay On Mans Search For Meaning1561 Words   |  7 Pagesto accept. In order to find meaning in one’s life while suffering or experiencing a difficult situation, meaning is often found in illusions and false hoods, rather than in reality. Within Man’s Search for Meaning by Viktor Frankl, The Matrix, and Allegory of the Cave by Plato, the reader witnesses individual characters that were unable to withstand the pain of the truth, and resort to altering their perception to live in a illusion in order to survive. 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William Mckinley And The Civil War - 1270 Words

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The Man behind the Madness Ashley Eubanks Psychology/GE375 3/2/15 Brooke Montoya The Man behind the Madness War, bloodshed, and he ruled a country with an iron fist. Who could this man possibly be. No other than Joseph Stalin. Joseph Stalin was a remarkable leader who was feared and loved by his people of Russia. Stalin he has gone through many challenging times, during his upbringing, adolescence, and adulthood. By using the cognitive perspective and the theory of Piaget’s four cognitive stages, and also applying Maslow’s hierarchy of needs to Joseph Stalin, it can help us as a community better understand Joseph Stalin as the ruler and man†¦show more content†¦(Rotnem 2013). Stalin was devastated by his wife untimely death at the funeral Stalin was reported to say, â€Å"last warm feelings for all human beings died as well† (Rotnem, 2013). History will soon prove how true that statement was at a later time. 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Implement Server Virtualisation Sustainable ICT System - Sample

Question: Discuss about the Implement Server Virtualisation for Sustainable ICT System. Answer: Evaluation of the new network structure for virtualisation suitability Virtualization is the way toward making a product based (or virtual) representation of an option that is as opposed to a physical one. Virtualization can apply to applications, servers, stockpiling, and organizes and is the absolute best approach to lessen the IT costs of DEALS while boosting effectiveness and spryness. The present system foundation of DEALS is tested by the restrictions of today's x86 servers, which are intended to run only one working framework and application at once. Therefore, even little server farms in the DEALS need to convey numerous servers, each working at only 5 to 15 percent of limit exceptionally wasteful by any standard. Virtualization utilizes programming to reproduce the presence of equipment and make a virtual PC framework (Bittman et al. 2013). Doing this will permit DEALS to run more than one virtual framework and different working frameworks and applications on a solitary server. This can give economies of scale and more noteworthy effectiveness. In phase one of the DEALS network infrastructure setup, there will be implementation of two Domain controllers with all policy requirements along with the required network folder structures and access controls. Hence, the Active Directory Domain Services (AD DS) can be virtualized as Windows Server 2012 gives more noteworthy backing to virtualizing space controllers by presenting virtualization-safe abilities and empowering quick sending of virtual area controllers through cloning. These new virtualization highlights give more prominent backing to open and private mists, cross breed situations where parts of AD DS exist on-premises and in the cloud, and AD DS bases that dwell totally on-premises (Jin et al. 2013). Promotion DS replication utilizes InvocationID and USNs on every space controller to figure out what changes should be duplicated to other area controllers. In the event that a space controller is moved back in time outside of the area controller's mindfulness and a USN is reused for an altogether diverse exchange, replication will not join in light of the fact that other area controllers will trust they have officially gotten the redesigns connected with the re-utilized USN under the setting of that InvocationID. In phase two, of the DEALS network infrastructure setup it has been identified that in future the organization will implement an in-house web server to host the companies proposed web site. Hence, there is a requirement to virtualize the Web server as it conveys the capacity to scale up or down equipment with practically zero downtime (Haitao 2012). Additionally, virtualized Web servers can be moved between physical hosts when upkeep is required. Past that, assets can be burden adjusted over a pool of physical hosts at a level that is more effective than basic Web activity load adjusting. With some watchful arranging and benchmarking, you can give your clients an adaptable, very accessible Web framework. A Web server's execution is most affected by the CPU and memory execution (Lv et al. 2012). A Web server creates less circle I/O than a database server does. The CPU and memory are particularly vital if there is any server-side scripting occurring on the Web server. Recommendation for using virtual technology Recommendation for Hypervisor and management software Hyper-V 3.0: It is included with Windows Server 2012 and is flexible enough to be used by the servers that will be installed in the new network infrastructure of DEALS. Two main improvements to Hyper-V make it practical to use on commodity hardware. The first and most important of these improvements is that Hyper-V 3.0 clusters do not require you to use shared storage. Hyper-V 3.0 greatly decreases the cost of clustering by not requiring that you use shared storage (Uddin and Rahman 2012). Each server in the cluster can have its own direct-attached storage (DAS). Microsoft has also relaxed the hardware requirements for cluster nodes to the point where you can use just about any server capable of running Windows Server 2012. The Cluster Configuration Wizard can tell you whether your server meets the minimum clustering requirements. Another reason clustering has traditionally been so expensive is because in the past you needed a minimum of three cluster nodes running matched hardware ( Bazargan, Yeun and Zemerly 2012). Hyper-V clusters still require that you have at least three nodes (or two nodes and a file share witness), but the hardware no longer has to match. Microsoft designed Hyper-V 3.0 to be much more forgiving in terms of its ability to run on low-end hardware. Windows Management Framework 4.0: It makes redesigned administration usefulness accessible for establishment on Windows 7 SP1, Windows Server 2008 R2 SP1, and Windows Server 2012. In spite of the fact that this product cannot be introduced on Windows 8, you can overhaul Windows 8 to Windows 8.1 to get the usefulness gave by this product, including Windows PowerShell 4.0 (Cohen et al. 2013). This software can be used for the new network infrastructure of DEALS as it offers: Windows PowerShell 4.0 Support for work process and remote script investigating Improved work process composing knowledge to make it more predictable with script creating Several bug fixes and execution changes Windows PowerShell Integrated Scripting Environment Support for Windows PowerShell Workflow investigating Support for remote script investigating IntelliSense support for Windows PowerShell Desired State Configuration assets and setups Windows PowerShell Web Services: Windows PowerShell Web Services (Management OData IIS Extension) empowers a director to uncover an arrangement of Windows PowerShell cmdlets as a RESTful web endpoint available by utilizing OData (Open Data Protocol) (Ameen and Hamo 2013). This gives remote access to run cmdlets from both Windows-based and non-Windows-based customer PCs. Recommendation considering the current and future needs of the client There are certain issues relating to hypervisor for which the security recommendations in context to DEALS network infrastructure setup are presented as below: 1. The proportion of the joined arranged memory of all VMs to the RAM memory of the virtualized host ought not to be high (Shah 2013). A common proportion received is 1.5:1. As such if a virtualized host has 64GB of RAM, then the joined arranged memory of all VMs running on it ought not to surpass 96 GB. 2. The hypervisor ought to have setup alternatives accessible to determine an ensured physical RAM for each VM (that requires it) alongside a farthest point to this quality, and to indicate a need esteem for acquiring the required RAM asset in circumstances of dispute among various VMs. 3. The quantity of virtual CPUs distributed to any VM sent ought to be entirely not exactly the aggregate number of centers in the hypervisor host (Obasuyi and Sari 2015). 4. The hypervisor ought to give components to determine a lower and upper headed for CPU clock cycles required for each conveyed VM and in addition an element to indicate a need score for each VM, to encourage booking in circumstances of conflict for CPU assets from different VMs. 5. The VM picture library ought to live outside of the hypervisor host ought to have strict access control and each of the pictures looked at from the library ought to have an advanced mark appended to it as a characteristic of realness and uprightness (Pogarcic, Krnjak and Ozanic 2012). Identification of changes in hardware, software or infrastructure components The hardware specifications that are required for Server Virtualization have been presented as below: Processors: Up to two single-core 64-bit Intel Xeon processors at up to 3.8GHz or up to two dual-core 64-bit Intel Xeon processors at 2.8GHz Front side bus: 800MHz Cache: Up to 2MB L2 per processor core Chipset: Intel E7520 Memory: 256MB/12GB DDR-2 400 SDRAM; 16GB with availability of dual rank 4GB DIMMS1 I/O channels: Seven total: two PCI Express slots (1 x 4 lane and 1 x 8 lane); four PCI-X slots (64-bit/133MHz); one PCI slot (32-bit/33MHz, 5v) Drive controller: Embedded dual channel Ultra320 SCSI RAID controller: Optional dual channel ROMB (PERC 4/Di), PERC 4/DC and PERC 4e/DC Drive bays: Eight 1" + Two 1" Ultra320 hot-plug SCSI drives with internal tape drive support Maximum internal storage: Up to 1.46TB or up to 3TB with availability of 300GB hard drive Hard drives: 2 36GB, 73GB, 146GB and 300GB (10,000 rpm) Ultra320 SCSI 18GB, 36GB, 73GB and 146GB (15,000 rpm) Ultra320 SCSI Internal storage: 10K/15K RPM SCSI drives Network interface card: Dual embedded Intel 10/100/1000 Gigabit3 NIC, Intel PRO/1000 MT Gigabit NIC (copper), Intel PRO/1000 MF Gigabit NIC (fibre) Video: Embedded ATI Radeon 7000-M with 16MB SDRAM Remote management: Baseboard Management Controller with IPMI 1.5 compliance, accessible via network or serial port; optional slot-free DRAC 4/I Systems management: Dell OpenManage Recommendation for the specifications of physical servers Benefits from virtualisation of servers Server virtualization has been a real "game changer" for the datacenter and those who administer and manage it. Hence, the virtualization of servers for DEALS will offer: Server consolidation: By falling physical servers into virtual servers and diminishing the quantity of physical servers, DEALS will procure an enormous reserve funds in force and cooling costs (Morabito, Kjallman and Komu 2015). Furthermore, datacenter impression will be diminished which can incorporate diesel generator costs, UPS costs, system switch costs, rack space and floor space. Stop server sprawl: Before server virtualization, administrators were compelled to over-arrangement servers to guarantee that they would take care of client demand. With server virtualization, there is no more over-provisioning and the Administrators of DEALS will splendidly have the capacity to measure each virtual machine (Cho, Choi and Choi 2013). Cost savings: Not just DEALS will save money on the physical server equipment, influence and cooling of the servers that were united additionally there will be reserve funds on the time it used to take to regulate physical servers (Guo et al. 2014). End clients will be more profitable as there will be less downtime and a great deal more. Increased uptime: Highlights like vMotion, stockpiling vMotion (svMotion), DRS, and VMware high accessibility (VMHA) all outcome in virtualized servers being up and running far beyond those same servers that were running straightforwardly on physical equipment. Image-based backup and restore: By having the capacity to move down and reestablish whole virtual machines, you can considerably more rapidly go down the VMs and set them back, if necessary. In addition, picture level reinforcements make catastrophe recuperation so much less demanding (Sarddar and Bose 2014). Even more, just changed pieces should be went down and reinforcements should be possible amidst the day because of depiction innovation. References Ameen, R.Y. and Hamo, A.Y., 2013. Survey of server virtualization. arXiv preprint arXiv:1304.3557. Bazargan, F., Yeun, C.Y. and Zemerly, M.J., 2012. State-of-the-art of virtualization, its security threats and deployment models. International Journal for Information Security Research (IJISR), 2(3/4), pp.335-343. Bittman, T.J., Weiss, G.J., Margevicius, M.A. and Dawson, P., 2013. Magic quadrant for x86 server virtualization infrastructure. Gartner, June. Cho, Y., Choi, J. and Choi, J., 2013, August. An integrated management system of virtual resources based on virtualization API and data distribution service. In Proceedings of the 2013 ACM Cloud and Autonomic Computing Conference (p. 26). ACM. Cohen, A., Krishnamurthi, A., Krishnamurthy, V., Salzmann, F., Allison, D.S. and Tang, C., Xsigo Systems, 2013. Remote Shared Server Peripherals Over an Ethernet Network For Resource Virtualization. U.S. Patent Application 12/544,744. Guo, C., Lv, G., Yang, S. and Wang, J.H., Microsoft Corporation, 2014. Virtual data center allocation with bandwidth guarantees. U.S. Patent 8,667,171. Haitao, Z., 2012. Construction and Application of Virtualization System Using VMware in University Library [J]. New Technology of Library and Information Service, 1, pp.68-72. Jin, Y., Wen, Y., Chen, Q. and Zhu, Z., 2013. An empirical investigation of the impact of server virtualization on energy efficiency for green data center. The Computer Journal, 56(8), pp.977-990. Lv, H., Dong, Y., Duan, J. and Tian, K., 2012, March. Virtualization challenges: a view from server consolidation perspective. In ACM SIGPLAN Notices (Vol. 47, No. 7, pp. 15-26). ACM. Morabito, R., Kjallman, J. and Komu, M., 2015, March. Hypervisors vs. lightweight virtualization: a performance comparison. In Cloud Engineering (IC2E), 2015 IEEE International Conference on (pp. 386-393). IEEE. Obasuyi, G.C. and Sari, A., 2015. Security Challenges of Virtualization Hypervisors in Virtualized Hardware Environment. International Journal of Communications, Network and System Sciences, 8(7), p.260. Pogarcic, I., Krnjak, D. and Ozanic, D., 2012. Business Benefits from the Virtualization of an ICT Infrastructure. International Journal of Engineering Business Management, 4(25), pp.1-8. Sarddar, D. and Bose, R., 2014. Architecture of Server Virtualization Technique Based on VMware ESXI server in the Private Cloud for an Organization. International Journal of Innovation and Scientific Research, ISSN, pp.2351-8014. Shah, Z.H., 2013. Windows Server 2012 Hyper-V: Deploying the Hyper-V Enterprise Server Virtualization Platform. Packt Publishing Ltd. Uddin, M. and Rahman, A.A., 2012. Virtualization implementation model for cost effective efficient data centers. arXiv preprint arXiv:1206.0988.