Artificial Intelligence (AI): The broader concept of machines being able to carry out tasks in a way that we would consider “smart”.
Analytics: The tool used to measure patterns or trends in data.
APIs: Application Programming Interface. Software that allows two different sources to communicate with each other instantly. Messenger that takes your message and tells a system what it is you want to do and returns the response to you instantly.
AWS: Amazon Web Services. A division of Amazon that provides cloud-based infrastructure for businesses.
Benchmark: A point at which activity and performance are measured and compared.
Comparison of 4 Distributed Ledger Technologies (DLT): Blockchain, Hashgraphy, DAG and Holochain from the perspective of mining, transactions per second, data structure, validation of transactions, time of launch and network running on platform.
Ripple is an enterprise level blockchain solution that empowers both users and banks. The blockchain ledger that Ripple uses has been latched onto by a group of Japanese banks, who will be using it for quick mobile payments.
Barclays bank will improve the whole banking experience for customers and other entities.
Abra is a mobile cryptocurrency app that lets users store, invest and buy cryptocurrency.
Both IBM and AIG has completed a pilot program where they can build a multi-national policy using smart contract.
The Cisco blockchain framework details the necessary elements for a simple, secure, scalable enterprise-grade blockchain that is based on Cisco’s proprietary technology. Cisco blockchain framework is composed of the following reference groups: Platform, Interfaces, Infrastructure and network and Security and analytics.
The Internet of Things (IoT), artificial intelligence (AI), and blockchain represent an unprecedented opportunity for the enterprise and the public sector. Every institution capable of exploiting these technologies will have a chance to radically streamline and enhance existing processes, create entirely new business models, and develop innovative products and services for a new generation of consumers. But this isn’t a vision of a utopian, tech-enabled future—the technology capabilities are available today to help you build the business of tomorrow. Continue reading “How Internet of Things (IoT), artificial intelligence (AI) and blockchain Revolutionize Business”