From its humble beginnings with bitcoin, blockchain has morphed into a technology that has the potential to affect nearly every industry from banking to online publishing. At dscvr.it, we also see the enormous potential of blockchain, which is why we are developing a decentralised collaboration platform that will offer solutions to fake news, clickbait and plagiarism. There are several ways blockchain can solve problems such as plagiarism and spam, let’s see how blockchain will dramatically improve content as we know it since the ripple effects of blockchain are just beginning to be felt.
Growing investments in Artificial Intelligence (AI) technology have transformed many areas in the business world, especially among high-tech and financial organisations. External spending on AI-related projects went up to $12 billion in 2016.
Companies looking into AI may focus on the potential for automating low-skill tasks, but they are overlooking a major opportunity. Artificial Intelligence can also play a significant role in corporate governance. AI can help streamline decision-making processes, transform big decisions from gut feelings to data-driven knowledge, and better predict the [...]
It is that time of the year again and 2017 is over before we knew it. The Year of Intelligence brought us a lot of progress and change; from over-hyped ICO’s to algorithms that created secret languages. As every year since 2012, I provide you with seven of the most important technology trends for 2018 to help you, and your business, prepare for the next year.
One thing that we can state is that we are on our way to enter the 4th Industrial Revolution. Many of the technologies that have been promised for decades are constantly improving and are now reaching a point of maturity. Once that [...]
While the challenges facing the future viability of Bitcoin and other cryptocurrencies remain unresolved, the underpinning technology that supports Bitcoin, Blockchain, has the potential to revolutionise the way we leverage trust- and even the way we think about trust.
Trust is a fundamental good that, while largely intangible, is key to the functioning of practically every meaningful interaction in society. We tend to think of trust concerning business, banking, relationships and finance since the necessity of trust in these areas is clear and undeniable. In fact, without trust, no [...]
When most people think of a cryptocurrency, the first thing to come to mind is probably Bitcoin. But Bitcoin is just one of many. At the moment, there are over 1275 cryptocurrencies, with a total market cap of over $200 billion, each of which offers different values and benefits.
Unlike traditional currencies like dollars and euros, which have a fixed value regardless of how and where you use them, different types of cryptocurrencies and tokens perform differently and are designed to solve various issues and problems in the digital world. A dollar or euro has the same value whether you use [...]
Artificial intelligence (AI) and robots have slowly but steadily made their way into a variety of industries spanning fast food to the financial sectors. This expansion is projected to continue and is forecasted to replace a considerable amount of jobs. A Forrester report notes that AI can replace as many as six percent of jobs by 2021. A PwC reports notes that many jobs across the globe will be affected by the 2030s, including 38 percent of U.S. jobs; 35 percent of jobs in Germany; 30 percent of U.K. jobs, and 21 percent of occupations in Japan.
There is no doubt that AI and robots can [...]
Since I have a passion for travelling as well as the hospitality industry (having a bachelor in hospitality management), and I believe in the power of Artificial Intelligence (AI), for this week’s article I decided to look into what happens when you combine the two. As it seems, Artificial Intelligence is set to be a game-changer for the travel industry. It is helping consumers and companies simplify making travel arrangements and streamlining business processes. AI is also modernising travel by taking it from a complicated, drawn-out experience to one that is more enhanced and [...]
Often, I write about emerging technologies such as big data, blockchain, IoT and AI. However, other technologies are also increasingly affecting organizations, one of them being Augmented Reality (AR). Thanks to technological advancements, Augmented reality is rapidly growing and is projected to drive billion-dollar annual revenues within the next decade. A Markets and Markets report estimates that AR will grow to be a $117.4 billion market by 2022. Moreover, A Citi GPS report projects AR's billion-dollar annual revenues will further increase to $692 billion by 2025. AR will be booming and [...]
Blockchain is set to change data ownership. It will help restore data control to the user by empowering them to determine who has access to their information online. It is a paradigm shift in how we deal with data and it will offer consumers the much-needed control over their own data.
Blockchain Will Drive the Need for Change
Change is required for various reasons, including security and privacy concerns. A 2016 Pew Research study revealed that 74 percent of its participants ranked control over who can access information online as a primary concern. The study also revealed that transparency[...]
Big Data has ushered in an era of data analytics that is taking different forms, including prescriptive analytics. This type of business analytics helps you find the best approach for a specific circumstance. It is also considered the third or final part of business analytics, which also encompasses descriptive analytics and predictive analytics. Prescriptive analytics leverages predictive analytics and descriptive analytics to derive ideal outcomes or solutions from helping you solve business problems, and it is driving the future of Big Data. Here's how:
Differences Between Prescriptive [...]