A black box is where only the owner of that black box knows the algorithm that makes the mechanism change the input to the output. For example, in algorithmic trading, there is proprietary software that transacts with the incoming data and decides when to buy or sell depending on what the algorithm in that proprietary software states. Each owner of a black box has their own proprietary mechanism to change the input to the output.

A proprietary algorithm is a sequence of steps or rules performed to achieve a specific goal, belonging to a commercial company as it has been trademarked or patented by its owner. An example is a search engine ranking algorithm for one of the commercial web search engines - some of the details may be readily available to the public but the source code is not freely available to protect company interests and prevent misuse.

• it was a proprietary

What is FIFO algorithm?

it was a Proprietary and a Royal Colony.

-Clitorisandra