Tuesday 31 January 2023

An Analytical Study on Disruptive Technologies in Zimbabwe| Chapter 5 | Recent Progress in Science and Technology Vol. 2

 Our sink this study was to speak to causing trouble innovations in spite of cyber fraudsters who act the prowl. The goal concerning this study was therefore, to illustrate Zimbabwe's financial services area is embracing disruptive electronics and the preliminary benefits; one of the country's best financial institutions. The study selected the qualitative methodology accompanying a desk content study. The findings of the study are that: banks, as part of the monetary services industry, have the important roles in the development and economic development of a country with its own government; hence the necessity to insulate these institutions from the shenanigan of fraudsters. The study further discovered that Zimbabwean government's approach to novelty should be focused on big market changes alternatively on existing infrastructure. The study again found out that cyber-attacks are certain; however, skilled are various advantages to accepting disruptive technologies for the fiscal industry as labeled. There is need therefore, to fully understand disruptive technology and form its use more consummate. Apart from insulating information systems, calculatings, devices, programs, data and networks from within or external dangers, harm, damage, attacks or unauthorized access, - causing trouble technologies identified in the study to a degree Cloud computing, Artificial Intelligence, Block chain science, Cyber security, and Big Data; have other real benefits, ranging from serving more consumers, expanding retail share, to increasing revenue at a lower cost. The study suggested a couple of recommendations; that the economic service subdivision in Zimbabwe should adapt to causing trouble technologies and move from conservatism. That Regulators and the Government concede possibility soften investment laws and regulation to admit quick adoption to new causing trouble technologies what the financial service subdivision must invest in financial and workforce to enable nimble uptake of technological changes.

Author(s) Details:

Nyasha Kaseke,
University of Zimbabwe, P.O.Box MP167, Mt Pleasant Harare, Zimbabwe.

Enesiti Chirume,
Catholic University of Zimbabwe, P.O. Box H200, Hartfield, Harare, Zimbabwe.

Please see the link here: https://stm.bookpi.org/RPST-V2/article/view/9236

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