When I was reviewing our new flagship SaaS TradersAlmanac.ai, I thought that the charts could use a little extra ‘oomph’ to make them do their conversion magic more powerfully. Indeed, in versions gone by of charts like these for other projects, Coindex CEO Ryan had asked for the very same thing: comparisons against S&P, NASDAQ and DJIA.
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This year has proved that in times of crisis, technology often progresses much more quickly than in times of peace. The spread of COVID-19 sparked the development of various innovative technologies, which have been an incredible support in many ways. Technology was already making some seriously impressive breakthroughs around the world, offering various new purposes.
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Our Innovation Quadrants are a framework to guide you in the startup research and scouting process. The Innovation Quadrant organizes emerging technology categories into four states of innovation.
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As work continues on Novi, Facebook’s digital wallet, a paper coauthored by scientists at Facebook’s Novi division proposes a transaction settlement system called FastPay. In experiments, the team managed to achieve “intra-continental” confirmation of less than 100 milliseconds and over 80,000 transactions per second with as many as 20 different payment authorities.
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According to Statista, the global startup economy generates nearly $3 trillion. Startups have always been the driving force behind the world market, bringing new ideas, and transforming familiar business systems. Unfortunately, the economic crisis associated with Covid-19 has not spared this area.
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What does it mean to be data-driven or data-dependent? To get one into perspective we take an example of all living things.
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2020 has been a crucial year for IoT and as we are approaching 2021, the technology is considering as a business imperative. IoT is everywhere today, making an impact on how we work, talk and engage with others. Reports show that there will be 35 billion IoT devices installed worldwide by 2021 and 75.44 billion by 2025.
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This will reverse the trend of a handful of giant technology companies swallowing most of profit from the machine learning boom.
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This allows the advantages of “big data” to be shared between organizations that are unable or unwilling to share data directly with each other.
Read MoreEverytime we find ourselves stuck in traffic, frustrated at a delayed train or waiting for a taxi to show up, we think, “Surely there must be a better way of doing things?”
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Artificial Intelligence has been seen as a blessing by the fintech players and payment providers that would help customers in online purchases during social distancing, and also facilitating people in not leaving their houses.
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The value and power of Artificial Intelligence is growing dramatically every year, and will soon dominate the internet – and the economy as a whole. However, AI tools today are fragmented by a closed development environment; most are developed by one company to perform one task, and there is no way to plug two tools together. See the full abstract and download the paper.
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