The Token Engineering Process - Blockchain Futurist Conference 2018 - FansUnite
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Are we adequately supported with tooling? Verification of subjective vs. objective goals? Does the token mechanism have a balanced incentive model? Just some of the questions posed in this breakdown of the token engineering process. Suited for investors, users, entrepreneurs seeking to gain insights on how to apply more mathematical and engineering rigor into protocol, token and smart contract development.
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Pg. 04Question Three Assignment 3Deadline THURS.docx
Pg. 04
Question Three
Assignment 3
Deadline: THURSDAY 9/4/2020 @ 23:59
[Total Mark for this Assignment is 6]
Decision support systems
IT445
College of Computing and Informatics
Question One
2 Marks
Learning Outcome(s): LO3
Use some DSS and demonstrate the database working with DSS and statistical models
ABC chocolate manufacturing company needs to decide on how many chocolate bars should they produce each month to maximize the company profit. ABC consider two types of chocolate bar ‘dark' and 'salted caramel’. Dark chocolate bar required $20 of raw ingredients and take 2 day to make and salted caramel chocolate bar required $30 of raw ingredients and take 4 working days to make. The profit contribution of each dark chocolate bar is $2 and salted caramel chocolate bar is $5. The Manufacture has capacity of 100,000 working days per month and ingredients budget of $10,000 per month. Using linear programming modelling for ABC company problem, answer the following questions.
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2 Marks
Learning Outcome(s): LO2
Analyze various industrial applications of DSS and their limitations.
Give the name and a brief discussion of any four major types of models used in DSS?
Question Three
2 Marks
Learning Outcome(s): LO1
Describe the structure of Decision Support Systems (DSS) and their services
Write the differences between Forward Chaining and Backward Chaining also list some suitable application areas for both.
38 C O M M U N I C AT I O N S O F T H E A C M | M A R C H 2 0 1 9 | V O L . 6 2 | N O . 3
practice
I T I S D I F F I C U LT these days to avoid hearing about
blockchain. Blockchain is going to be the foundation
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their food, the parts in the items they buy, or the ideas
they hear. It will change the way we work, the way the
economy runs, and the way we live in general.
Despite the significant potential of blockchain, it is
also difficult to find a consistent description of what
it really is. A recent Google search for “blockchain
technical papers” returned nothing but white
papers for the first three screens; not a single paper
is peer-reviewed. One of the best discussions of the
technology itself is from the National Institute of
Standards and Technology, but at 50-plus pages, it is a
bit much for a quick read.9
The purpose of this article is to look
at the basics of blockchain: the indi-
vidual components, how those com-
ponents fit together, and what changes
might be made to solve some of the
problems with blockchain technology.
This technology is far from monolithic;
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Pg. 04Question Three Assignment 3Deadline THURS.docx
Pg. 04
Question Three
Assignment 3
Deadline: THURSDAY 9/4/2020 @ 23:59
[Total Mark for this Assignment is 6]
Decision support systems
IT445
College of Computing and Informatics
Question One
2 Marks
Learning Outcome(s): LO3
Use some DSS and demonstrate the database working with DSS and statistical models
ABC chocolate manufacturing company needs to decide on how many chocolate bars should they produce each month to maximize the company profit. ABC consider two types of chocolate bar ‘dark' and 'salted caramel’. Dark chocolate bar required $20 of raw ingredients and take 2 day to make and salted caramel chocolate bar required $30 of raw ingredients and take 4 working days to make. The profit contribution of each dark chocolate bar is $2 and salted caramel chocolate bar is $5. The Manufacture has capacity of 100,000 working days per month and ingredients budget of $10,000 per month. Using linear programming modelling for ABC company problem, answer the following questions.
a) Identify decision, constraint and result variables, and objective function.
b) Represent the model in excel sheet, run the model and show the result. Provide a screenshot of your solution. [Hint: using excel solver].
Question Two
2 Marks
Learning Outcome(s): LO2
Analyze various industrial applications of DSS and their limitations.
Give the name and a brief discussion of any four major types of models used in DSS?
Question Three
2 Marks
Learning Outcome(s): LO1
Describe the structure of Decision Support Systems (DSS) and their services
Write the differences between Forward Chaining and Backward Chaining also list some suitable application areas for both.
38 C O M M U N I C AT I O N S O F T H E A C M | M A R C H 2 0 1 9 | V O L . 6 2 | N O . 3
practice
I T I S D I F F I C U LT these days to avoid hearing about
blockchain. Blockchain is going to be the foundation
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they hear. It will change the way we work, the way the
economy runs, and the way we live in general.
Despite the significant potential of blockchain, it is
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technical papers” returned nothing but white
papers for the first three screens; not a single paper
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Pg. 04
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2 Marks
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2 Marks
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Describe the structure of Decision Support Systems (DSS) and their services
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practice
I T I S D I F F I C U LT these days to avoid hearing about
blockchain. Blockchain is going to be the foundation
of a new business world based on smart contracts.
It is going to allow everyone to trace the provenance of
their food, the parts in the items they buy, or the ideas
they hear. It will change the way we work, the way the
economy runs, and the way we live in general.
Despite the significant potential of blockchain, it is
also difficult to find a consistent description of what
it really is. A recent Google search for “blockchain
technical papers” returned nothing but white
papers for the first three screens; not a single paper
is peer-reviewed. One of the best discussions of the
technology itself is from the National Institute of
Standards and Technology, but at 50-plus pages, it is a
bit much for a quick read.9
The purpose of this article is to look
at the basics of blockchain: the indi-
vidual components, how those com-
ponents fit together, and what changes
might be made to solve some of the
problems with blockchain technology.
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some of the techniques can be used (at
surprisi.
Pg. 04Question Three Assignment 3Deadline THURS.docx
Pg. 04
Question Three
Assignment 3
Deadline: THURSDAY 9/4/2020 @ 23:59
[Total Mark for this Assignment is 6]
Decision support systems
IT445
College of Computing and Informatics
Question One
2 Marks
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Use some DSS and demonstrate the database working with DSS and statistical models
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a) Identify decision, constraint and result variables, and objective function.
b) Represent the model in excel sheet, run the model and show the result. Provide a screenshot of your solution. [Hint: using excel solver].
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2 Marks
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みなさんこんにちはこれ何文字まで入るの？40文字以下不可とか本当に意味わからないけどこれ限界文字数書いてないからマジでやばい文字数いけるんじゃないの？えこ...
ここ3000字までしか入らないけどタイトルの方がたくさん文字入ると思います。
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みなさんこんにちはこれ何文字まで入るの？40文字以下不可とか本当に意味わからないけどこれ限界文字数書いてないからマジでやばい文字数いけるんじゃないの？えこ...
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The Token Engineering Process - Blockchain Futurist Conference 2018 - FansUnite
- 1. Token Engineering “Show me the incentive and I’ll show you the outcome.” Charlie Munger
- 2. Matt Lockyer Background Full Stack Developer Academia and University Lecturing Blockchain Solutions Consultant Currently Token Engineering Advisor - FansUnite.io Token Mechanism Team - Wireline.io Founder, Soloblock.solutions
- 3. Building blocks of digital scarcity 3
- 5. Types of Cryptoassets Cryptoassets Stores of Value (MV = PQ) Utility Tokens (?) Security Tokens (DCF) Work Tokens Burn & Mint Discount Tokens StablecoinsCrypto Collectible (NFT) Proof of Service Access Control Signalling & Curation Governance https://medium.com/paratii/on-the-immaturity-of-tokenized-value-capture-mechanisms-1fde33f2bc8e https://goo.gl/cPXpdX - Dimitri De Jonghe - Decentralized Web Summit - Token Engineering Community 5
- 6. Designing networks with rewards and punishments 6
- 8. Define the problem 1. Why is this network protocol being built? a. What objective(s) is it optimizing and/or maximizing for? b. What problem(s), immediate and real world, is the network addressing? 2. Who are the stakeholders? a. What do they want? What type of people are they? What do they know? b. What can/do they provide? Is it money? Is it work? Ideas? Creativity? 3. How could a stakeholder / adversary attack the network? 8
- 10. Evaluate mechanisms 1. Use a series of constraints and questions a. Does the mechanism broadly address the problem(s)? b. Define pass / fail criteria, codifying outcomes for completeness 2. Any open ended questions (likely)? a. Does any mechanism solve these questions i.e. close the loop? b. Are there any attacks on these mechanisms? 3. Does the mechanism have a balanced incentive model? 10
- 11. Balanced Incentives - Bitcoin Example Intrinsic Subjective Positive Win block reward Belief: bitcoin is an amazing SOV that will change the world (increase in value) Negative Lose electricity $$$ Belief: attacking Bitcoin leads to fork making efforts worthless (decrease in value) 11
- 13. Simulate, verify, design 1. Are we adequately supported with tooling? a. Simulation entrants - IncentiveAI, Consensys, ??? 2. Verification of subjective vs. objective goals a. Best restaurants in NYC vs. 2 + 2 = 4 3. Lacking intrinsic measures for creative economy a. Nothing at stake problem b. What is the value of a photograph NOT being licensed on a network? 13
- 15. FansUnite - incentivize fans to provide accurate sports data 15