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Strata Data Conference To Be Hosted in NY, September 26

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Findata Day will be held in New York on Tuesday, September 26 as part of the Strata Data Conference.

The main topics are covering finding profit, reducing risk, machine learning, artificial intelligence, as well as govrnence and compliance, according to the organizers.

“What happens when a satellite photo of a Wal-Mart parking lot predicts GDP better than economists? When algorithms create their own models that need to be explained to regulators? When markets move on a tweet?”, reads on the event`s official website.

“In finance, data is money. The right information, a second before others, is Alpha; a second later, is a lawsuit. Finance has found new ways to harness information, from real-time feeds to learning algorithms—with new forms of governance and emerging regulations.

Every year, thousands of top data scientists join business and technology leaders at Strata Data Conference. Curated for finance executives, Findata Day at Strata is an unprecedented deep dive into the most disruptive data technologies—within the context of banking, investment, and finance.”, as the organizers explained.

Some of the sponsors will Cloudera, an unified Platform for Big Data, O`Reilly Media, a media company, as well as technology leaders like Microsoft, Cisco, SAS, Intel and Google.

Why visiting?

Strata Data Conference is where big data’s most influential business decision makers, strategists, architects, developers, and analysts gather to shape the future of their businesses and technologies. If you want to tap into the opportunity that big data presents, you want to be there.

  • Be among the first to understand how you can leverage the promise of this huge change, and survive the resulting disruption
  • Find new ways to leverage your data assets across industries and disciplines
  • Learn how to take big data from science project to real business application
  • Discover training, hiring, and career opportunities for data professionals
  • Meet-face-to-face with other innovators and thought leaders.”, as the organizers wrote.

Visit Strata Data Conference’s official website for more informaton about the event.


Now You Can Book Your Vacation With OneCoin

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OneCoin`s pilot merchant platform DealShaker is now allowing users to book hotels and find accommodations by paying with OneCoin cryptocurrency (ONE).

OneCoin is a centralized digital currency that is created through “mining”. The cryptocurrency has a finite number of 120 billion coins, according to the company`s official website.

The DealShaker is an e-commerce platform that was officially launched on February 16, 2017. The shopping section provides customer-to-customer and business-to-customer deal promotions in price combinations of OneCoins (ONE) and cash (Euro).

“This is great news for all members of the OneLife Network, who can now not only register on the platform, but also buy and sell products or services using the OneCoin cryptocurrency.”, as OneCoin wrote at the time.

“Merchants who have already registered can start promoting their deals to a multi-million network and take active part of what promises to become the YEAR OF THE MERCHANTS!”, the company OneLife added in their press release.

Users can deploy  the service to buy and sell various products like bracelets, shoes, baby items, retail, food and beverages, among others. Moreover, services like cosmetic procedures, relax and SPA, acupuncture and others are already offered to potential customers. In the accommodation section, users are able to book hotels, accommodations and rent venues.

“For all buyers who wish to claim a deal and purchase deal coupons, but do not have enough OneCoins in their OneCoin account, the system will offer an automatic compensation at a fixed selling rate, which will allow them to compensate the ONE deficit in EUR and proceed with their purchase.”, according to OneCoin.

“As a pilot version of a software platform, empowering purchases in the unique combination of EUR + ONE, the DealShaker and OneLife teams will be closely collaborating for the first year of operations of the platform to ensure that all feedback received from the OneLife Network will be addressed as efficiently as possible.”

“This will encourage an environment of rapid growth and development for the platform and will help create a stable solid relationship between all users of the One Ecosystem.”, as OneCoin highlighted in their statement.

This Ethereum-Based Token Aims To Enhance The Dental Industry

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Dentacoin is an Ethereum-based token widely used in the dental industry that seeks to improve the level of dental care. It provides a clear dental care platform, which empowers patients.

After the official launch of the innovative Dentacoin ERC20 on February 14, 2017, the first step undertaken was Dentacoin Foundation’s registration in Maastricht, a city in the Netherlands. Coin holders are allowed to vote in the management and advise them on pertinent decisions concerning the foundation.

Blockchain-Based Tools

The components that are included in the Blockchain tools are: an aftercare app for mobile devices, an educational website, and a review platform. For their contribution to the mission of the foundation, dentists and patients are rewarded with the Dentacoin tokens.

Additionally, Dentacoin plans to develop a decentralized and secure database that incorporates the health records of all patients.

The project intends to realize profit sharing to benefit the Dentacoin holders. Every year, the Dentacoin Foundation commits to buy DCN using 50% of the profits earned in the previous year. this includes profits from the clinics acquired by the Dentacoin Foundation, interests earned from assets, and other returns accrued from any of the investments.

The key component of the project is the review platform. By creating and using a blockchain-based platform to get trusted and reliable dental reviews and feedbacks, Dentacoin will enable the patients to share their thoughts on the dental services. Sequentially, doctors will access up to date market research data and feedback from qualified patients.

By relying on a self-implementing contract, there will be improved safety, trust, speed, and autonomy on the Dentacoin reviews platform. The review program seeks to reward its users using Dentacoins for value creating activities. Patients can spend the Dentacoins on dental treatments and purchase of dental care items.

Patients can write anonymous reviews based on detailed multiple-choice question survey. Patients will also have the option of answering questions on market research. Each survey is connected to the blockchain Ethereum and users are paid using Dentacoins through a smart contract.

A Prevention Approach

The Dentacoin project aims to achieve a paradigm shift from a treatment approach to a prevention-based approach. As a result, patients will have access to dental care using monthly rates paid-in DCN. With the self-implementing smart type insurance contract, shared responsibility is guaranteed.

The first Dentacoin presale transaction was carried out in July, 2017 while the initial ICO will happen in October, 2017.

Advent of Emerging IoT – Faster Than Expected

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The evolution of IoT has accelerated at a burgeoning rate in the past year. This has paved the way for its stirring arrival in the cryptocurrency world. Blockchain technology is duly credited for its unexpected sudden growth. This transformational change necessitates fresh methods to collect user feedback.

The fundamental notion of the Internet of Things (IoT) is to form a constant network between the Internet and every available device. It aims to connect not only gadgets and gizmos, but also lamps, washing machines, and coffee makers. It is estimated that by the year 2020, approximately 50 billion devices will be viable online.

Previously, driverless cars manufactured by Google made headlines for its advancedness. The search engine giant has planned several smart home devices in the pipeline. Not left far behind is Bosch, which has concentrated all its attention to appliances that respond to sensor technology. Networking biggie Cisco is pooling its talent to realistically achieve machine to machine interactions. This is proof to the fact that top business corporations are putting their money on IoT.

On the flip side, it is believed that the current unrealized ability of IoT lags behind actuality. Practically it is nearly impossible to imagine a machine to automatically fix all woes. If then, a fridge that ran out of stock would go on its own to the neighbourhood supermarket for a refill. A car with a damaged engine would drive itself for a repair to the nearest in such a hypothetical scenario.

The astonishing take over of IoT can be primarily attributed to the significant role block technology has played. Without its interference IoT would never have become a reality.

IT major IBM is the latest to jump the bandawagon. Recent developments state that the technology allows devices to take part in communicable transactions. This feature enables updating of location and temperature data possible on a blockchain.

On the contrary, rapid rise of IoT may pose critical security risks. It is a cumbersome challenge to tackle data losses of innumerable devices inter connected.

One sure shot way to overcome this situation is by processing data in accordance with the law. Hence, blockchain tech succeeds in resolving privacy issues over the authenticity of IoT.
All in all, Internet of Things seems to be a far fetched idea for now. Digitally equipped machines may still not completely replace the human brain. For instance, Google does not act in response to requests by bots.

Directly Share Instagram Stories To Facebook With The New Test Feature

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Facebook has every intention to give its Stories section a much-needed face lift. Soon it will be possible to double-post your Instagram stories directly to Facebook while within the Instagram app according to prior claims by Next Webs Matt Navarra and Twitter user @mruiandre. These reports have so far been confirmed by Instagram as a new feature test.

Earlier this year Facebook rolled out its version of Stories to flip its fortunes, but this new feature is just not clicking on its users and therefore not going as planned. However, this is a welcome challenge considering that most Instagram users are more than willing to post photos and video updates on the photo-sharing app which boasts an astonishing 250 million stories users daily. Such tempting figures could set-up Facebook in a right way and avoid burning its fingers by ingeniously blending Instagram content into Facebook.

It is admirable how much Instagram has strived to disguise itself from the parent company and thus gaining much acclaim amongst its loyal users. Since 2012, when Instagram was bought by Facebook they have managed to keep a separate line, but that seems to change soon if the two companies succeed in intermixing content between the apps. It has been a one-way affair with Instagram users being able to post photos and videos directly to their Facebook News Feeds, and not the other way till now.

Stories are on fire and are spreading fast across Snapchat and Instagram, highlighting the fact that Instagram stories dwarf all other normal Instagram post. However, with the popularity of Instagram Stories growing by the day, Snapchat has gone under keeping in mind that the latter feature was their invention and was only added to Instagram in August 2016. To take advantage of this lucrative opportunity, it seems an obvious move for Facebook to embed this new feature into their app as well as providing a full suite of money-making apps.

Swiss Start-Up Modum ICO Raises $4.2 Million

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Swiss supply chain logistics start-up Modum has reportedly raised $4.2 million in the first 10 minutes of its initial coin offering (ICO).

As cryptocoinnews.com reported, the Modum ICO started on September 1. In 20 minutes, the company raised $4,2 million. The number reached $10 million, including the $1.25 million raised during a private August presale in a 5 hours period.

“The goal of the MOD Token sale was to fundraise for the future development of modum.io. We are thrilled to have such a positive response and look forward to the feedback from our cryptocurrency backers at our predetermined milestones over the next few years.”, as Modum CEO, Malik El Bay commented in an interview with cryptocoinnews.com.

“We have a solid product with several successful pilot tests completed, a working hardware prototype, a strong team of developers, a handpicked team of advisors, and soon we will have the funds to bring our innovative product to market.”, he explained in another quote.

Modum is located in Zurich and aims to provide an Internet of Things (IoT)-based supply chain logistics solution to help European companies comply with European Commission regulations for pharmaceutical transport, as the article noted.

According to cryptocoinnews` article, 43 different companies have tested the pilot of the Modum`s system with almost 1,000 shipments. The company forsees that the product will launch commercially during the first quarter of 2018.

Other start-ups like the Swiss supply chain logistics company Ambrosus raised $30 million from venture capital companies ahead of its public ICO. Retailer companies like Walmart and Kroger have joined an IBM working group that, like Ambrosus, uses blockchain technology with the goal to secure food supply chains. This week, shipping company Marine Transport International completed a blockchain pilot program to automate and digitize the supply chain on a decentralized distributed ledger, as cryptocoinnews.com reported last week.

KICKICO Welcomes On Board 3 Large ICO Campaigns

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KICKICO, a success story in the evolving world of blockchain investing, moves forward with seven league steps – already in October three huge ICO campaigns are ready to take off to CryptoSpace. Campaigns will be launched both on their lendings and on KICKICO, in the last case, KICKICO’s backers have privileges. Buying tokens of one of the projects on KICKICO platform, backers will get 2 cryptocurrencies – tokens of the campaign and 8 per cent of KICK tokens calculated from overall payment.

Previously, KICKICO raised more than 84 000 ETH during its 2-weeks ICO, as reported at FT Reporter at the start of the campaign, and now listed in top-3 Russian ICOs.

Now, KICKICO team did a major step none of fundraising platform does. According to their official press release, KICKICO team personally met with the teams, with the projects’ creators, KICKICO carefully examined the projects itselves and now it can сlaim with a clear conscience – teams and authors are real and “HOT” (Honest, Open and Transparent) – all what mostly describes KICKICO’s principles and what favours the community. Most of them have many years of offline experience on the field of their project and now they are striving to become blockchain pioneers in their industry.

STORIQA

Participants of KICKONOMY and the first “HOT” Star is  STORIQA. It is a new project brought to you by the co-founder of the popular BoomStarter Platform. They are far not the strangers in blockchain, they have expertise how this markets work, no doubts they perform all the planned with their newbie. STORIQA is aimed at the creation of all manner of e-commerce shops in which customers can use cryptocurrencies, including their own STQ token, to pay for all goods and services. STORIQA’s goal is to provide a peer-to-peer network which will allow consumers to connect with producers from all over the globe. That means that with STQ tokens, you can buy millions of real commodities from anywhere in the world. And, since it is peer-to-peer, it is as if you are standing in front of the seller himself, no middlemen, no extra fees! STORIQA is bringing e-commerce to a whole new level. Besides being the part of KICKONOMY, they will accept KICK tokens, provide specials offers, give discount to KICK holders. There is a 24hr ONLY Pre-ICO is scheduled for October 12th, 2017 so get your Ethereum ready! Then, the regular ICO will begin on October 25th and run until completion or October 31.

INS
Uh-Oh! Bad karma for grocery retailers! The star disrupting the grocery industry called INS is rising. Established by the team with 50+ years of the collective experience in the grocery industry, INS is creating a decentralized ecosystem that will enable consumers to buy groceries directly from manufacturers bypassing retailers, therefore saving up to 30% on their everyday shopping.

INS encourages manufacturers to promote and sell their products directly to consumers and request their valuable feedback, while leveraging the decentralized blockchain-powered consumer-to-manufacturer interaction to allow for a more personalized and trustworthy grocery shopping experience at significantly lower prices.

INS has received strong support and signed agreements with some of the largest grocery manufacturers in the world. The INS team has developed a roadmap which covers everything from developing robust and scalable software to facilitate the order fulfillment process to sales and marketing campaigns to attract broad audiences of consumers and manufacturers of all sizes from local farmers to large multinational grocery manufacturers to join the INS ecosystem.

The INS token will constitute the means of exchange within the platform – on a par with fiat money and traditional crypto-currencies – as well as entitle its users to exclusive discounts, promotions and bonuses! Get ready for INS pre-ICO coming up on October 16th, while ICO gears up on November 20th.

SquarEx

One more participants of KICKONOMY – “HOT” star SquarEx. SquarEx is  the first full cycle ecosystem for real estate developers and investors  based on blockchain technology. It uses smart contracts and covers every stage of construction process – from developers’ documentation to lease, mortgage and completion. SquarEx technological solution allows to enable everyone to become a property owner, using cryptocurrency. Moreover, there is no set minimum amount of investment, bureaucracy or fraud risk, and investors are able to get their profits in fiat money. SQUAREX aims to collect 200 000  ETH during its token sale.  Dates of token sale are already announced: preICO starts on November 18th and completes on December 1. ICO is planned for December 10 and will last till January 10.

Join the CryptoSpace board, pick your lucky star in the most nearest future.

Global Intellect Service Launches UDS Game 2.0

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In 2015 GIS (Global Intellect Service) introduced a flagship product named UDS Game.

A distinguished leader, Viacheslav Ushenin, is the founder and CEO of GIS, a leading IT firm. In the company’s result convention, held in the year 2016, 6000 visitors attended. Following its fruitful start, the innovative business has swiftly expanded into new territories.

The UDS Game is a futuristic loyalty program and a complete business solution, ideal for entrepreneurs, that entails a mobile application and unique tools that perform business process optimization. Developers of the game devised a mobile app that mobile users and business owners can conveniently use.

Mobile users who opt to install the app are eligible for discounts redeemable in any part of the world at any of the outlets that participate in the UDS Game. Whenever they recommend their friends to the places, users get rewards in cash-back and bonus points. Entrepreneurs have an easy time maintaining a high level of customer loyalty and monitoring its effectiveness.

Referral marketing subsequently became a principal component of the UDS Game; the fact it allows an entrepreneur to get endorsements from their loyal customers made the product useful. The idea captivates users and continually wins their fascination. UDS Game 2.0, a new and exciting IT solution was launched on 28 August, 2017. The product development team added new features, forcing them to change internal components, update the user interface and remove social media features. Based on the reviews by business owners and mobile users, the developers of UDS Game did their best to improve the product. Consequently, entrepreneurs got a better product as well as an avenue to create unique business deals and a large number of new reports that provide valuable insight into customer needs.

Viacheslav Ushenin had the following to say about the latest UDS Game version loyalty program: After getting feedback both from mobile users and entrepreneurs, we decided to improve our product further. Thus, we are now setting our eyes on the future with a lot of optimism. UDS Game is growing tremendously. The many reviews and a large number of users from across the world attest to this fact. It has recorded over 1,500,000 downloads in Play Market and App Store.


First Ever Financial Skills Tournament Platform About To Be Launched

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TraderStars.io is preparing to launch the first global platform for financial skill tournaments. It is designed to promote the process of competitive trading in a transparent, regulated and secure environment. The projects are to be licensed by the Gaming Authority of Malta and then it will become the one of a kind service that does not require participants to risk their own money. Instead, a small participation fee, along with a prize pool are agreed upon and clear terms and rules are defined.

From there, the platform will provide the users with a chance to compete with each other through the act of trading. It will take place in all of the available markets and be fully risk-free and defined by straightforward terms and conditions. The aim of the project is to create a community that is willing to share knowledge and also compete in a regulated and fair environment. The same environment would then reward skill and talent above all else.
In the tournaments themselves, the traders will compete using real market data and virtual money. The platform has been built using blockchain which enables smart contracts. These will ensure auditability, quality, assurance of results and full transparency. The traders will compete against other participants located all over the world and not against the market. The traders will be free to participate in tournaments that suit their skills, desired feed, knowledge and finally, its prize potential. The performance will be relative to the peer group. The returns on investment will exceed the possible gains on the stock market for the same period. Once the tournaments being, the traders will use real market data to invest virtual money. The winners will be awarded prizes from the shared pool and will be able to play in as many individual tournaments as they desire.
TraderStars.io is right now available on all of the financial markets and there is a big focus on building a community around it. Its members are expected to share knowledge and be active in a domain that rewards skill and talent above all else. The modern world includes a global one billion gamers and over 4 million FX traders, TraderStars.io is providing a product for a truly gigantic global market. It is also bringing to the table innovative tech approach that utilizes blockchain and it is dedicated to bringing assurance enforcement, quality, transparency and auditability to the tournaments.
The platform was created by entrepreneurs and veterans from the FX, trading industries, and brokerage, but also partners from successful companies like the cryptocurrency broker SimpleFX. These also include the IFMTrade, a licensed Australian broker, and the FX itself. These all allowed TraderStars.io to create a combination of gaming and trading. TraderStars.io is determined to bring new elements to both of these ecosystems while adding an interesting dynamics to all of the risks and returns that are involved. This is why the company is very excited to launch this platform. As the regulatory and tech barriers are changing, the TraderStars.io platform offers a great chance for anyone interested in learning about the markets. This is true regardless of their education and background. With it, they will be able to possibly earn big rewards in a great environment, according to the Tomasz Szymanski, the CEO, and Co-Founder of TraderStars.
The platform operates a very basic user interface. Through it, the users are able to make their accounts and provide an Ethereum deposit using one of the established and trusted payment processor. The platform is available globally through mobile phones, tablets, and desktop computer, while it supports a variety of languages. As the gaming industry growth is expected to reach $90 billion by the year 2020, TraderStars.io wants to provide a brand new type of gaming to the world, allowing it to play a role in the development of the financial trading in the gaming industry. TraderStars.io is also an innovator when it comes to developing and running a blockchain token release and the subsequent sale that will take place later this year.

Showtime Websites Used to Secretly Mine Cryptocurrency

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American TV network Showtime has been compelled to expel the code from two of its websites that covertly mined the security arranged digital currency cash on guests’ PCs, as per reports.

Gizmodo and The Register both demonstrate that two websites keep running by Showtime – the eponymous Showtime.com, and additionally ShowtimeAnytime.com – had disguised code for subjective, a JavaScript-based monero digger. Initially proposed as a path for websites to create salary without utilizing promotions, for this situation, the software seems to have been used to draw upon the registering energy of clueless webpage guests clandestinely.

BleepingComputer, which covers cybersecurity themes, has a point by point the internal workings of the circumstance. As the webpage features, it’s not clear as of now who, efficiently, embedded the code onto the Showtime websites. Nor is it sure to what extent the code was live on the Showtime destinations. The code was spotted throughout the end of the week and was evacuated by the firm Monday.

Up to this point, Showtime hasn’t remarked openly on the news, and a delegate for the network declined to remark when reached by CoinDesk.

The advancements are eminent given general society profile of Showtime, which is possessed by U.S. media monster CBS Corporation. It additionally comes days after downpour website The Pirate Bay started feedback (for this situation, deliberately) live-testing a JavaScript-based monero excavator.

Stray pieces picture through Shutterstock

The pioneer in blockchain news, CoinDesk is a free media outlet that takes a stab at the highest journalistic measures and complies with a strict arrangement of publication strategies.

Concerning Coinhive, which is by all accounts annoyed by websites utilizing its code without telling clients and a little aggravated that adblockers NIL is presently hindering it, said on its website that it’s working towards influencing its content to select in, a move that would ideally go around the two issues. Also, in principle, keep others from sneaking it into another person’s website.

Tencent Could Be Included In The Snapchat Redesign

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Tencent, the internet company from China valued at over $470 billion, could play a role in the Snapchat’s reboot process which aims to make it more competitive with Facebook and Instagram. This week, the network’s financial report showed Snapchat’s very poor level of success and Snap, its parent company, revealed it is retooling the same app to make it more user friendly. Now Tencent has increased its stake in Snap with the acquiring of 12 percent of the same company for a price of about $2 million. Experts believe it would allow Snap to use its data on the growth of WeChat, the dominant messaging app in China which has over 800 million users on a monthly basis from all corners of the world. The company might allow Snap to use their additional resources, including the game business that has Supercell Company on board, the maker of gigantic mobile game Clash of Clans and Clan Royale.

On the other hand, the investment by Tencent will provide it with a chance to explore opportunities in the corporate domain of the newsfeed technology and games publishing. It would also share a part of financial returns from its growth and monetization alternatives, as a spokesperson from Tencent told Reuters. Tencent became involved with Snap in 2013 but its size in the company was never publicly shared. As a financial backer, it provides a lot of experience from the messaging space in the IT market and the way it evolved WeChat to be much more than a messenger. Today, it is a true Swiss army knife for many social and business activities, including local services, banking, e-commerce and even investment.
Tencent is also home to a long interest in the US tech companies, where it made a range of investments over the years. Its US portfolio includes the game development and publishing company Activision, Tesla and the chat app Kik. Globally, it invested in messaging apps like Kakao in South Korea and India’s Hike. The experience from this investment will likely be very appreciated by Snap as the company looks for ways to recognize trends that are coming to messaging and also find alternatives on ways it can boost Snapchat to compete with Instagram.

How Blockchain Will Decentralize Commodity Exchange

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Commodity trade is one of the largest trading platforms in the world with an estimated total annual value of around two trillion US dollars in the US alone. The exchange of goods such as foodstuff and raw materials for various industries is very important in every economy, but over the last few years has been operating in an outdated trading environment. The centralized nature of this form of trade gives birth to an air of exclusion resulting in a monopoly. However, as the world of information technology continues to evolve, new technologies which have the power of disrupting this monopoly are being invented. One of these emerging trends that are expected to have a tremendous impact on the commodity market is the blockchain technology.

The prospect of blockchain revolutionizing the field of trading commodities has seen companies like Chaintrade starting to explore the idea of having a platform that uses Blockchain to trade food product as well as raw materials. According to Chaintrade trading commodities on to blockchain will solve historical issues that have been ailing this type of trade for decades. Some of this issues that the use of Blockchain technology aims to resolve includes;

Trustworthy exchange

In the current commodities trade setup, one does not have an alternative rather than trusting the institutions and the relevant authorities with the monopoly of trading the commodities. However, with increased adoption of e-commerce, and a good number of people losing their money online to fraudsters, the trust is slipping hence the need for an alternative. Most centralized institutions have seen the Blockchain technology as a competitor due to its trustworthiness. For example, Chaintrade seeks to democratize the market by giving each and every person a chance to sell in the market. According to Chaintrade CEO Vincent Vasquez, a more inclusive market is efficient and reliable. The Blockchain technology enhances inclusivity in commodity trading hence making the trade more efficient.

Making commodity trade cheaper and more inclusive

By digitizing commodity trade, Chain trades aims at making it accessible to more people and making food, raw materials and other commodities available in all parts of the world without any barrier. According to the company CEO, trading commodities using the blockchain technology can lower the cost of trading by up to 50%. This, in turn, helps in decentralizing the trade and open up the market for more people. A cheap and affordable market will result in more hobby traders entering the commodity market, and due to the high level of transparency in Chaintrade, both aspiring traders and experienced traders will have a healthy trading platform.

Focus on crypto traders

The group CEO aims to attract established crypto investors because the market is economically viable, and the prospect of it depending on the Blockchain technology in the future is enormous. The company funding models stress on crypto investors such as VCs and banks that have embraced the cryptocurrency ideology. This will help commodity trade to take off since they already have experience with crypto trading and they know how Chaintrade can disrupt the existing commodity trading model. From our discussion with financial institutions and commodity trade experts, we have gotten very encouraging feedback and its evident that Chaintrade is the future of commodity trading.

Top 3 Technological Advancements In The United Arab Emirates

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The United Arab Emirates (the UAE) are clearly trying to turn into a leading technological hub. The UAE has recently announced its national technology and innovation strategy that has been compared to a Fourth Industrial Revolution, as reported by the World Economic Forum. Here are three ways they are putting words into reality:

1. Building the first blockchain city

The UAE has invested a lot of time and efforts into exploring blockchain technology and the way it can be used to deliver governmental services. Some of the early adopters of blockchain technology include visa applications, bill payments, license renewals, and others. At the same time, the country launches accelerators and competition aimed at pushing the sector to utilize blockchain technology.

2. The first Minister for AI

The UAE has reportedly appointed the first Minister for artificial intelligence or AI. Omar Bin Sultan Al Olama is one of the six new ministers. His role is to help the country become more prepared for the challenges of artificial intelligence, as he stated.

3. Robocops are coming

Dubai has tested the introduction of a robotic policeman. The robot can issue fines, feed video back to base and identify people through facial recognition. Learn more about the robot police officer in the video.

According to the World Economic Forum`s report, Dubai`s strategy will see 25% of all positions taken by robots by 2030.

This list is by no means extensive, as the UAE also invests in flying taxis, pneumatic trains, and 3D printers, among other technologies. It looks like they are on the way to realize their ambitious strategy. Are you ready for the new Industrial Revolution?

HERE Buys ATS To Hike Its OTA Technology

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HERE, which is a mapping company with power location services in about 100 million cars, recently announced that it was going to buy an Advanced Telematic System (ATS) to improve its data distribution as well as data updates. HERE is set to buy the developer from Berlin to boost its OTA (over-the-air) technology.

The Advanced Telematic Systems (ATS) works based on how wireless devices, i.e., smartphones, cars and other hardware get their information updated safe and securely and also helps get feedback information for the improvement of how the whole system operates.

This ATS acquisition will definitely make HERE one of the major players in this area. Previously, HERE had limited capabilities, especially in OTA technology. The financial terms of this acquisition deal have not yet been disclosed to the public although it’s clear that the whole deal is set to be completed not later than the first quarter of 2018.

ATS was founded in 2014 by Dirk Poschl, Arthur Taylor, and Armin Schmidt and had already raised over $12 million from the consortium of US, Japanese, and Taiwanese VCs. Pitchbook notes that they include Japans IT-Farm Corporation, iD Ventures America-which was previously known as Acer Technology Venture- and the Taiwanese ODM maker Wistron-previously a manufacturing arm of Acer before it was spun out)

Schmidt, the ATS’s CEO, believes that it’s a great opportunity for ATS to combine efforts with HERE. This is because HERE has a deep relationship with OEMs and also ATS’s global clients. The CEO confirmed that a partner network would deliver newer and better commercial which will enhance the functionalities of HERE products and services.

The primary concern of the deal is about HERE changing with times and also continuing to modernize with current changes in technology.

It’s worth noting that HERE was once part of Nokia although it spun out in a €2.3 billion deal. HERE is owned by a consortium that is made up of the carmakers BMW, Daimler, Intel and Audi. Today, HERE claims to be the world’s largest provider of mapping data due to its 100 million installs in the automotive industry.

The history of HERE is an old one. HERE was originally formed as part of Nokia’s acquisition of Navteq, back in 2007. Navteq had been in existence since 1985. The long existence period contributed to the desire for the company to acquire, invest and introduce more modern technology.

For OTA, OTS’s solutions are built in and around open source over-the-air technology. In June, it joined Uptane (a security framework that is supported by the U.S. Homeland Security Department) which is designed for software that functions on connected and autonomous cars. Their idea is that vehicles can be deadly in case they are hacked. They aim to prevent such activities from happening.

There are other companies like Google, Mapbox, and others which are also involved in the building of mapping systems to power the car of the future and even to some extent the present(for fancy cars). These are HERE’s greatest competitors, and thus it wants ATS and its technology to prevent customers from migrating to their competitors.

OTA technology has been in existence for many years as a method for mobile users to update settings on their phones that may be on this network although in the recent past it has taken a more productive turn.

The systems in cars are very complex, and cover HD maps and also real-time images of road environments, navigation, entertainment information and services and many more. However, software engineers have started using the network of these devices as new data gathering tools to help continue to get feedback information to the central system to improve the overall working of the devices.

This device network feedback information is essential in mapping due to the constant changes in roads and their conditions. This means that images from satellites and modern maps may not do the mapping job entirely by themselves.

In general, software and data delivery is an important factor for the future growth and success in the automotive industry. This is because vehicles are becoming more autonomous and connected. The bold step to acquire ATS is an essential strategy of investment for HERE to complement its portfolio as the premium automotive cloud provider.

The Latest Snapchat Filters Can Recognize Details Of Your Pics

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Snapchat is coming up with new filters that can identify what is in the pictures that you have taken so that it can recommend stickers, graphics, and frames to go with your posts. Today, these filters can identify images of objects, food, pets, and sports as well as particular areas or locations like concerts or beaches.

The release of these new filters was in a way muffled and spotted by Mashable for the very first time which affirmed the rollout by a company spokesperson.

The filters will show up as viable choices in the wide range of filters after one takes a picture that matches any of the features above, the study additionally notes.

What has been added is the augmentation of Snapchat’s shrewd filters, like those which depend on your current location, otherwise known as geofilters. In recent times, the savvy filter carousel highlights smart filters that showed things like speed, temperature or time. All these are currently on the creative toolbar, where they accessible as stickers.

In the future, the Snap advertising business would be impacted by the ability to recognize what is in a picture so as to suggest filters. This means that brands could target clients regarding images they are capturing rather than merely targeting a set of interests or an area as they currently do.

Many of today’s photo-sharing applications like Google Photos, Amazon Prime Photos, Apple’s Photos app and other applications have an object recognition feature. As it may be, by and large, it has been used to aid identify pictures of a specific sort, not to suggests approaches to increase pictures with other decorations and stickers, with the recent exemption of Microsoft’s Skype that added a similar component called Photo Effects earlier this month.

Snapchat has not offered capabilities that recognize images for the first time, there have been other instances. You can go through stories by keywords for objects and gadget in question, for example, dogs, or even search through Snapchats Memories.

After the redesign of Snapchat, the company launched filters which concentrate on making the application more user-friendly to older folks. It also sorts the Snapchat story feeds algorithmically rather than in turn around sequential order as it currently does.


Accenture Uses AI To Assist The Elderly

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The professional services company Accenture has completed a pilot project using artificial intelligence (AI) to help the elderly manage their daily tasks independently.

According to statistics, the population over 70 living in the UK is projected to double in the next 30 years, while care homes are undergoing a funding crisis. In turn, this has a negative impact on the quality of services offered.

For this reason, the Accenture Liquid Studio in London launched the platform to learn user behaviors and preferences with the goal to improve the overall physical and mental health of people aged 70 and older.

The platform is serving the needs of the elderly through the power of voice. For instance, it allows them to access a number of communication options, daily exercises, reading and learning materials, and appointment reminders. The trial runs on the Amazon Web Services (AWS) cloud and is delivered through the new Amazon Echo Show service.

Accenture tested the platform on a focus group of about 60 people aged at least 70 years or older, who live independently. The testing phase revealed some of the most challenging problems of the elderly and aided them in finding solutions.

“The Accenture platform demonstrates Accenture’s ‘People First’ approach that puts technology to work for people to help create more human experiences and achieve better outcomes.“, explained Laetitia Cailleteau, head of Accenture Liquid Studio London.

She added that they managed to pinpoint the more common challenges of everyday life for older people, and applied AI to create a human-centered platform that could provide support and assistance. This was done in collaboration with Age UK London, as she said.

Accenture wrote that feedback from the pilot program participants was very positive so far. The company is planning to expand the in-home care platform service to more elderly people living in the UK.

Chattermill Raises 600,000 Pounds For Customer Feedback

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Chattermill is a startup company that is based in London that seeks to assist companies to appreciate the importance of the feedback they get from their customers. The company has managed to raise 600,000 pounds as their seed capital. It has obtained support from various companies that include Entrepreneur First, Avonmore, and Jeff Kelisky, who is an angel investor who has expressed his confidence in this new startup.

Chattermill was started in 2015 by two friends, namely; Milhail Dubov and Dmitry Isupov. It is one of the several startups that are helping companies to deal with problems of customer feedback across different channels. There is increased data growth and this has prompted the company to employ deep learning techniques to perform the job accurately and efficiently.

According to Dubov, the company’s CEO says that they help companies to enhance their customer experience by giving them insights that help them to develop better services and products. He further argues that companies with excellent customer experience are likely to have a high number of loyal customers and can attract new clients easily. Customer feedback data can help your company to gauge your customer experience level. There are several tools that are used to remove insights from a customer feedback data.

He says that businesses need to use deep learning tactics to analyze their customer feedback data suited for each individual company. Chattermill provides a dashboard for analysis plus automated alerts that assist you to take necessary action in the areas that require your insight.

Specifically, Chattermill combines all the customer feedbacks first and then develops a deep learning technique that will extract an actionable insight. It has tools that can be used to gauge the general feeling of clients concerning a particular issue and the attitude of customer representatives.

Chattermill employs various standard tools to monitor and solicit for customer sentiments and feedback. These tools include TypeForm, Salesforce, SurveyMonkey, and Zendesk. They also get feedback from reviews, Net Promoter Score Surveys, social media and support tickets.

The company is now working with clients across all sectors including e-commerce, Fintech, gaming, and travel. They also work hand in hand with businesses that have more clients that are drawn from several industries. These businesses include HelloFresh, Just Eat and Transferwise. With such companies, Chattermill works with customer service, customer experience, and product teams. There is no doubt that Chattermill will help companies to improve their customer experience and this will increase their customers leading to more sales.

How Malaysia And Denmark Interact With Cryptocurrencies

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Cryptocurrencies have drawn the attention of institutions and regulators as well as geeks’. In fact, governments and countries are forced to take actions towards this fast growing industry.

The Central Bank of Malaysia released a statement on cryptocurrency exchanges last week. The authorities are concerned that criminals may benefit from the digital money revolution. More precisely in the words of the report published, the central bank points out at money laundering and terrorists funding as their main concerns.

When the new regulations will take place, everyone who transfers money is going to be obliged to authenticate the identity of the recipients. Apart from that, all transactions shall be monitored and customers encouraged to report any activities that seem suspicious.

Despite that the state understands people exchange and trade with cryptocurrencies, they are not recognized as an official payment method, even more – something of value. The report explicitly states that everyone is responsible for the risks taken. Moreover, those who use virtual money are not protected by the law when disputed resolution arrangements occur. Any feedback on the matter is accepted in written form until 14 January 2018.

On the other side of the globe, Denmark is considering the use of cryptocurrencies as a way of sending aid to foreign countries. Blockchain startups Sustania and Coinify, released a report where they evaluate the possibilities of helping poverty-stricken regions, through virtual money.

Not long ago, the United Nations took the first steps in this direction. Ethereum was used to deliver aid to refugees. However, if Denmark does not abandon this project, it may become the first country in the world, which transfers aid directly to those in need.

The advantages of that kind of funding is that everyone willing to help can send virtual money directly to the institutions collecting them, without the intermediation of third parties. The process takes less time and is more efficient.  The Danish Minister for Development Cooperation, Ulla Tørnæs, states that technologies are going to play major role in the development cooperation.

We hope that Denmark do start such a socially aware initiative, which expectantly will be appreciated and adopted by other countries as well.

Swissquote Adds Altcoins To Its Platform, South Korea Does Not Recognize Them As Money

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In the beginning of the week, the European online bank Swissquote made an announcement that four altcoins have been added to its platform. Ethereum, Litecoin, Bitcoin Cash, and Ripple are now available for trade and exchange for USD or EU. The bank group states that the currencies have been selected according to customers’ feedback.

Since the bank started trading with Bitcoin, representatives explain that the demand is exceeding their expectations and the interest from customers is growing extremely fast. With the addition of the altcoins Swissquote believe they will satisfy clients’ needs and enhance their user experience. Marc Bürki, CEO, states they make digital money trade simple, safe and accessible.

Without a doubt, this year we saw how cryptocurrencies emerged from the underground and entered the mainstream through the front door. Everyone is talking about this revolution, and many people put their money on altcoins and blockchains. Unsurprisingly, banks and other institutions cannot just let digital currencies pass them by, just because mainstream finance is also part of the game.

Fintech startups now accept blockchain payments through their mobile applications. Square Cash and Revolut being one of them. Furthermore, platforms such as Coinbase where you can trade crypto are now more popular than ever. While some institutions enter the game others are, still concerned that cryptocurrency trade favors money-laundering and funding illegals.

For instance, South Korea refuses to accept virtual money as an official payment method. Representatives of the Financial Supervisory Sector in the country are not keen on running regulations on cryptocurrencies because they are not an alternative to traditional money. Choe Heung-sik went even further when saying that if any regulations do take place this will give a false sign to investors that cryptocurrencies are indeed recognized as money.

In spite of the recent statements, the National Tax Service is working on laws, which will face cryptocurrency traders pay taxes. However, this will go only for those who are likely to gain profit from digital money trade.

Estonia Considers Launching A Crypto Token

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Estonia may soon launch its own national crypto token. In this way, the Baltic nation would eventually become the first country with its own dedicated digital currency.

Estonia is the first country to offer an e-Residency program, a government-issued digital ID that is currently available to anyone in the world. The managing director of the e-Residency initiative, Kaspar Korjus, comments that the next step might be the launch of Estonia`s own crypto token named “estcoin”.

In a blog post, Korjus explains that the crypto tokens would be launched with an Initial Coin Offering (ICO). Besides, he notes the different ways in which the cryptocurrency might be used.

To start with, Korjus speaks of a “community estcoin” that might support the country`s goal to become a “digital nation”. The idea is to prompt people to “apply for and make greater use of e-Residency.” The initiative foresees reward schemes that pay out in estcoins, as well as encouraging investors and entrepreneurs to use the e-Residency service as a platform for ICO activity.

Secondly, the token could be used by the government to issue secure digital identities. According to Korjus, this would mean that the so-called estcoins would be deployed as “blockchain-based tokens used for activities within our digital society, such as digitally signing documents, logging into services or enforcing smart contracts.“ Thus, the “identity estcoins” would contribute to the maintenance of the network, as he elaborates.

Thirdly, it is speculated that the token would be pegged to the price of the euro. This seems to be the most controversial option.The president of the European Central Bank Mario Draghi criticized the idea, stating that the euro was the only valid money in the euro area. In September this year, he told Reuters that “no member state can introduce its own currency”.

Korjus has reportedly said that Estonia is carefully reading and listening to feedback from around the world. As a result, they hope to gain a better understanding of how estcoin could be structured, as well as why/whether people would want to hold the crypto token.

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