SWIFT Is Trialing a New Payment System to Take on Fintechs and Blockchain Tech

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) has announced its decision to launch a pilot Global Payment Initiative (GPI) service which aims to compete with the growing threat of competing blockchain and fintech solutions provided by institutions like Ripple, JP Morgan and Transferwise. Still in its initial stages, the ambitious pilot aims to “build the foundation of a new integrated and...

Market Recovers by $5 Billion but Why Are Ethereum and Bitcoin Cash Plunging?

Over the last 24 hours, the crypto market has added $5 billion to its valuation, demonstrating a slight recovery from $106 billion to $111 billion. Despite the recovery of the market, Ethereum (ETH) and Bitcoin Cash (BCH) continue to fall in value, both recording a three percent drop against the U.S. dollar. On December 9, the Ethereum price fell by around three percent from $97 to...

Australia: Power Ledger’s Blockchain Energy Platform Goes Live in Fremantle

Australia’s coastal city of Fremantle has kicked off a trial that will allow some residents to trade solar power on a blockchain-based platform provided by renewable energy-focused crypto startup Power Ledger. According to the Minister for Finance, Energy and Aboriginal Affairs in the government of Western Australia, Ben Wyatt, around 40 households in Fremantle will participate in the trial that...

The Use and Market Size of Blockchain Technology in Supply Chain

Supply chain is now more daunting task than before. Gone are the days when this sector was relatively simple because business was local. But with the passage of time, advent of internet and globalization made this sector incredibly complex. Depending on the products, the entire process can be long due to hundreds of stages, multiple geographical locations, too many...

The Use and Market size of Blockchain Technology in Healthcare

Many people have heard a considerable measure about the Blockchain technology in connection with the virtual money called as Bitcoin. In any case, the Blockchain can have a significantly more extensive use than just operating a digital currency. Blockchain has the potential to disrupt many business sectors. This article explores how does Blockchain really work in the healthcare services...

Crypto Analyst: Bitcoin (BTC) To Base At $3,500, But Bears Arent Done Yet

To say that cryptos past two weeks have been tumultuous would, frankly, be putting it rather lightly. On November 13th, Bitcoin (BTC) was trading at $6,200, but since that fateful day, the eye of Bitcoin Cashs network upgrade (a purported bearish catalyst), BTC has freefallen to a year-to-date low of $3,450. While the asset has since undergone a somewhat convincing...

Diversifying Cryptocurrency Portfolio to Reduce Risk

As of recently cryptocurrencies (Bitcoin in specific) have been on a tear and everyone wants a piece of the pie. All sorts of investors seem to be flooding in daily. Several, came from traditional investing and understand simple principles that are often implemented to reduce risk regardless of the size of the portfolio. Although some may know the meaning...

The Last Mile for Analytics

The promise of machine learning (ML) is vast and investment is increasing, but results are lagging because too many projects don’t make it to production in an operational system. A Wall Street data scientist recently said to me, “It took us two months to build and train the model and six months to deploy it.” This is the norm....

Ethical Artificial Intelligence a Pressing Need: UN expert

While digital solutions like Artificial Intelligence (AI) are transforming lives, these also increase concerns, ranging from security to human rights abuses, says an expert. Eleonore Pauwels, Research Fellow on Emerging Cyber technologies at United Nations University (UNU) says, “AI is transforming our lives, from reshaping our intimate and networked interactions to monitoring our bodies, moods and emotions, both in visible...

Decoding the Next Generation of AI-Powered Robotics

Robotics brings together a wide range of different machines including Pepper partnering with soft-bank; the Boston Dynamics humanoid robot Atlas, which can do backflips in movies and television and a plethora of humanoids and Bots that leave the human mind with awe and inspiration to achieve new tech heights. Much that the technology that powers robotics continues to achieve...