The Evolution of Accounting Software

2011 ◽  
pp. 15-41
Author(s):  
Ashutosh Deshmukh

In the late 1950s and early 1960s, mega corporations of the day began to handle data that rivaled government requirements. This data could not be handled manually, let alone cost-effectively. Accounting and financial information, due to its repetitive nature and heavy volume, became a prime candidate for automation. Initial accounting programs were written for mainframe computers, not surprisingly, since IBM and its Big Irons ruled the computer world. Early mainframe computers were large, due to the ferrite core memory, and cumbersome. The processing intelligence was centralized in the mainframe. Mainframes served a large number of users, and data was processed in a batch mode. Users submitted data using dumb terminals and jobs were processed based on the length of the queue and priority of the jobs. Mainframes provided a high level of security and reliability. Minicomputers, pioneered by the Digital Equipment Corporation, had similar capabilities but were smaller and less powerful. Currently, distinctions between mainframes and minis are very blurred, and for our purposes make very little practical difference.

In order to understand the never-ending fights between developers of anti-spam detection techniques and the spammers; it is important to have an insight of the history of spam mails. On May 3, 1978, Gary Thuerk, a marketing manager at Digital Equipment Corporation sent his first mass email to more than 400 customers over the Arpanet in order to promote and sell Digital's new T-Series of VAX systems (Streitfeld, 2003). In this regard, he said, “It's too much work to send everyone an e-mail. So we'll send one e-mail to everyone”. He said with pride, “I was the pioneer. I saw a new way of doing things.” As every coin has two sides, any technology too can be utilized for good and bad intention. At that time, Gary Thuerk would have never dreamt of this method of sending mails to emerge as an area of research in future. Gary Thuerk ended up getting crowned as the father of spam mails instead of the father of e-marketing. In the present scenario, the internet receives 2.5 billion pieces of spam a day by spiritual followers of Thuerk.


2017 ◽  
Vol 11 (3) ◽  
pp. 301-311 ◽  
Author(s):  
Volker Skwarek

Purpose This paper aims to describe a method for Internet-of-Things-devices to achieve industrial grade reliability for information transfer from wireless sensor systems to production systems using blockchain technologies. Design/methodology/approach An increased security and reliability of submitted data within the sensor network could be achieved on an application level. Therefore, a lightweight, high-level communication protocol based on blockchain principles was designed. Findings Blockchain mechanisms can secure the wireless communication of Internet-of-Things-devices in a lightweight and scalable manner. Originality/value The innovation of this research is the successful application of general blockchain mechanisms to increase security of a wireless sensor system without binding to a dedicated blockchain technology.


Sign in / Sign up

Export Citation Format

Share Document