Overall, over the next ten years, more IoT value is likely to be created in advanced economies because of the higher value associated with each deployment. However, the potential number of IoT uses...
If an economy did not use money, what would it look like? Without money, the buyers would exchange goods with the sellers by exchanging one good for another good, which we call...
The United States banking system differs from other industrialized countries. For instance, the United States has more banks per capita, and the banks possess fewer assets because the U.S. government imposed strict...
This chapter introduces the financial system. Students will learn the purpose of financial markets and its relationship to financial institutions. Financial institutions connect the savers to the borrowers through financial intermediation.
At the...
In reviewing nearly 300 IoT applications, we discovered that using only a conventional approach to categorizing the potential impact by vertical industry markets—such as automotive or consumer electronics—made it more difficult to...
The Internet of Things has the potential to fundamentally shift the way we interact with our surroundings. The ability to monitor and manage objects in the physical world electronically makes it possible...
By blending physical and digital realms, the Internet of Things (IoT) vastly expands the reach of information technology. The myriad possibilities that arise from the ability to monitor and control things in...
We define the Internet of Things as sensors and actuators connected by networks to computing systems. These systems can monitor or manage the health and actions of connected objects and machines. Connected...
