Asynchronous Transfer Mode and Automated Teller Machine
1. ATM (Automated Teller Machine)
Definition:
An ATM (Automated Teller Machine) is a machine that allows you to access your bank account and perform banking transactions like withdrawing cash, checking your balance, transferring money, and printing statements, without needing a bank employee.
Key Points:
Card-Operated: You use a debit card and PIN.
Functions:
Withdraw Cash: Take money from your account.
Balance Inquiry: Check how much money you have in your account.
Transfer Money: Move money between accounts.
Print Mini-Statements: Get a short report of your recent transactions.
24/7 Access: You can use ATMs anytime, anywhere.
Example:
You go to an ATM, insert your card, type your PIN, select "Withdraw Cash", and take out ₹500.
2. ATM (Asynchronous Transfer Mode)
Definition:
ATM (Asynchronous Transfer Mode) is a high-speed communication technology used to send data in small packets called cells. It’s mainly used in computer networks to transmit voice, video, and data quickly.
Key Points:
Cell-Based: Data is sent in small, fixed-size packets (53 bytes).
Asynchronous: Each piece of data is sent independently, without waiting for the other.
Supports Multiple Services: It can carry voice, video, and data in the same network.
Guaranteed Speed: ATM ensures fast delivery and quality of service.
Example:
ATM is used in networks where multiple types of data (like a phone call, video, and internet browsing) need to travel at the same time without causing delays.
Summary:
ATM (Automated Teller Machine): A machine for banking transactions (like withdrawing cash).
ATM (Asynchronous Transfer Mode): A technology used to send data in networks quickly and efficiently.
