HYBRID CLOUD Hybrid cloud refers to a mixed computing, storage, and services environment made up of on-premises infrastructure, private cloud services, and a public cloud—such as Amazon Web Servic...

PRIVATE CLOUD Private cloud is a cloud computing environment dedicated to a single customer. It combines many of the benefits of cloud computing with the security and control of on-premises IT inf...

PUBLIC CLOUD A public cloud is a type of cloud computing in which a third-party service provider makes computing resources—which can include anything from ready-to-use software applications, to in...

FAAS - Function as a Service Function-as-a-Service (FaaS) is a serverless way to execute modular pieces of code on the edge. FaaS lets developers write and update a piece of code on the fly, which...

MBAAS - Mobile Backend as a Service Mobile backend as a service (MBaaS), also known as “backend as a service”, is a model for providing web app and mobile app developers with a way to link their a...

PAAS - Platform as a Service Platform as a service (PaaS) or application platform as a service (aPaaS) or platform-based service is a category of cloud computing services that allows customers to ...

SAAS - Software as a Service SaaS stands for software as a service, which means software is hosted by a third-party provider and delivered to customers over the internet as a service. While most S...

IAAS - Infrastructure as a Service Infrastructure as a service (IaaS) are online services that provide high-level APIs used to dereference various low-level details of underlying network infrastru...

CRYPTOCURRENCY A cryptocurrency, crypto-currency, or crypto is a collection of binary data which is designed to work as a medium of exchange wherein individual coin ownership records are stored in...

How should banks react? As the financial service industry is moving from the exploration phase to the application phase for blockchain, banks need to understand the future role of blockchain and i...