Across
- 3. a decentralized digital currency that utilizes blockchain technology.
- 5. a business model where retailers or wholesalers offer goods and services online.
- 6. original digital assets, like artwork, music, or other digital goods, that are created using blockchain.
- 9. paid media in which content follows the form and function of the site on which it is placed, not traditional advertising formats.
- 10. sets of rules that are written and stored on the blockchain that are automatically executed once the defined conditions in the contract are met.
- 12. a type of community model that is used to obtain needed resources, including financing, by soliciting from a community instead of traditional funding sources.
- 15. buying and selling goods and services online.
- 18. a business model that offers incentives to partner websites, wherein a website agrees to post a link (through an ad or other content) to a transactional site in return for a commission on sales made as a direct result of the link.
- 19. a business model where businesses create value by facilitating interactions between external producers and consumers.
- 20. business model that delivers products, services, and content for a set fee.
- 21. a business model that brings buyers and sellers together to exchange goods and services, often in exchange for a fee or commission.
- 22. business model that delivers services or content on a metered or “pay-as-you-go” basis.
- 23. a type of business model that utilizes the network effects of the internet to connect like-minded individuals and groups.
- 24. the processes by which a business creates value, provides value to its customers, and captures value in the form of profits.
Down
- 1. a shared, immutable ledger that facilitates the process of recording transactions and tracking assets in a business network.
- 2. applications, such as smart contracts, that are developed on blockchains.
- 4. a description of the customer value delivered to a specific target market.
- 7. a business model that bypasses intermediaries such as wholesalers and manufacturers’ reps in the channel of distribution; direct from manufacturer to customer.
- 8. intermediaries in channels of distribution that specialize in the capture, analysis, application, and distribution of information.
- 11. the first cryptocurrency.
- 13. a decentralized blockchain with smart contract functionality. Ether is the native cryptocurrency of the platform.
- 14. a quick change from one business model to another. It is usually applied to start-ups that can make rapid model changes that may be impossible for entrenched business models of large enterprises.
- 16. the fee required to conduct a transaction on Ethereum. These fees are paid to miners who use their computing power to validate blockchain transactions (i.e., those running the computations).
- 17. a business model where businesses create value by controlling a linear series of activities (the classic value-chain mode). The inputs at one end of the chain undergo a series of steps that transform them into a finished product to create value. Value is produced upstream and consumed downstream.