A system is a set of interacting or interdependent component parts forming a complex/intricate whole. Every system is delineated by its spatial and temporal boundaries, surrounded and influenced by its environment, described by its structure and purpose and expressed in its functioning.
The term system may also refer to a set of rules that governs structure and/or behavior. Alternatively, and usually in the context of complex social systems, the term is used to describe the set of rules that govern structure and/or behavior.
The term "system" comes from the Latin word systēma, in turn from Greekσύστημαsystēma: "whole compounded of several parts or members, system", literary "composition".
"System" means "something to look at". You must have a very high visual gradient to have systematization. In philosophy, before Descartes, there was no "system". Plato had no "system". Aristotle had no "system".
In the 19th century the French physicist Nicolas Léonard Sadi Carnot, who studied thermodynamics, pioneered the development of the concept of a "system" in the natural sciences. In 1824 he studied the system which he called the working substance (typically a body of water vapor) in steam engines, in regards to the system's ability to do work when heat is applied to it. The working substance could be put in contact with either a boiler, a cold reservoir (a stream of cold water), or a piston (to which the working body could do work by pushing on it). In 1850, the German physicist Rudolf Clausius generalized this picture to include the concept of the surroundings and began to use the term "working body" when referring to the system.
System programming requires a great degree of hardware awareness. Its goal is to achieve efficient use of available resources, either because the software itself is performance critical (AAA video games) or because even small efficiency improvements directly transform into significant monetary savings for the service provider (cloud based word processors).
He admitted to the disruptive capacity of cryptocurrencies and blockchain technology, stating that they could well displace existing banking systems in the coming years ... He called for initiatives that will enable people to enjoy the benefits of blockchains and cryptocurrencies while keeping the adverse effects in check.
Polkadot, the interoperable blockchain protocol spearheaded by Ethereum co-founder Gavin Wood, has announced its forthcoming parachain launch ... According to the blog post, both system-level chains and public-utility chains may emerge as blockchain categories that qualify as common good chains.
Bitcoin Has Taken an UglyStumble... In a statement, the company explained.. Our mission is to create an open financial system for the world. We are building the crypto economy; a more fair, accessible, efficient and transparent financial system for the internet age that leverages crypto assets. These are digital assets built using blockchain technology.
Blockchains make big push in China. Apart from digital currencies, state-backed blockchain systems are also making an appearance in China. As per previous reports, China’s Blockchain Service Network (BSN), has already gone live in over 80 Chinese cities—the open-source protocol ...
In his statement, he gave a very positive outlook regarding cryptocurrencies, blockchains, and their future within the world’s financial system ... Osinbajo proclaimed that blockchain technology, and particularly cryptocurrencies, will inevitably challenge the entire traditional banking space, even the reserve banks, within the coming years.
PNetwork, a cross-chain composability system that allows assets and Non-Fungible-Tokens (NFTs) to move freely between blockchains, has been successfully integrated on the Binance SmartChain (BSC) mainnet ... PNetwork, a cross-chain composability system that allows assets and ...
The question, centered on the potential technological disruption from the likes of Amazon and Apple Pay, digital wallets and bitcoin, prompted Munger to respond that he did not know how the payments system would evolve ...State of Wyoming Introduces Bill for Blockchain Filing System.
And with advances in artificial intelligence (AI), robotics and other emerging technologies like blockchain now happening in shorter cycles, the desire to change the very nature of the jobs that need to be done - and the demand for skills needed to do them – has increased exponentially.
Crystal Blockchain pointed out that since 2019, the volume of stolen bitcoin grew significantly ... Crystal Blockchain provided some potential reasons behind that trend, including the emergence of several blockchain analytical firms working hand-by-hand with exchanges to improve their security compliance systems.
In addition, AtomicDEX supports trustless trading for dozens of blockchain networks, not just Ethereum and ERC-20 tokens ... This permissionless and decentralized system captures the essence of blockchain technology – democratic and transparent recordkeeping where the users themselves retain custody.
The blockchain technology on which crypto systems run is an “open source” program; this makes for transparency in transactions; anyone with basic computer skills could access the “digital ledger” on which these transactions are recorded ... their blockchain.
After a widespread payment system outage at the US Federal Reserve disrupted wire transfers and cheque clearing services this week, many bitcoin supporters argued ... Some critics who argue that bitcoin is too volatile still see potential for the blockchain system to be widely used.