Quick guide to consensus mechanisms in blockchain . Proof of Work , Proof of Stake , PoET , PBFT and more...
Just when we thought chequebooks and cheque processing was on its way out , we see a unique use case where the traditional banking instrument uses new age disruptive technology such as blockchain to combat cheque fraud.Emirates Islamic, one of the leading Islamic financial institutions in the UAE, announced that it will introduce blockchain technology into its cheques as a fraud prevention measure . Read on to find out how Cheque Chain will work.
The futurists of the world are besotted by the science that simulates the engagement , decision and the discovery process of the human brain -in other words Artificial Intelligence(AI) or Cognitive Sciences. Cognitive systems quickly identify patterns similar to a way our brain identifies situations and responds to it. Within AI , there are a number of different technologies and they lie at different points in the curve of adoption with virtual assistants and robo-advisors riding the crest of adoption. This post talks about the merits of the lesser known yet immensely intriguing Semantic Technology .
India is set to make up for its recent absence from the AI circuit and companies are making big investments to make it happen.Read on
This is a multi-part series written for a leading global e-publications called LetsTalkPayments . To view the detailed post click on the links below The Phoenix Rising The first part of the LATAM Fintech Series explores the region's challenges ,inspite of which it is becoming a leading destination for expansion and investment for the world with … Continue reading Latin America and Its Fintech Fervour
Fintech Startups and the redemption of high technical debts. Who really pays it off ?Read on,,,
As we struggle to fathom how a decentralized uncontrolled currency may be part of tomorrow’s real world economy there is a paradigm shift in how we perceive money with the onset of blockchain and the bitcoin in banking today. What’s baffling is that the entire control and intelligence lies embedded in an algorithm created by … Continue reading Blockchain Economy – Embracing the Algorithm
The Rules Engine is the current muse of many an architect giving a smart makeover to the digital landscape of the bank while it adopts disruptive technologies. Read On..
With digital banking taking new age dimensions and moving beyond the standard automation and user experience , there is a notable shift in the rise of investments in intelligent systems across the globe . 2017 is predicted to be the real game-changer where the bots are going to greet , guide and operate the bank.Read on..