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We believe in AI and every day we innovate to make it better than yesterday. We believe in helping others to benefit from the wonders of AI and also in extending a hand to guide them to step their journey to adapt with future.
In this article, we’ll discuss how blockchain technology revolutionizes the remittance industry and way in which it can be made easier for the people. According to the World Bank, the officially recorded remittances to developing countries during 2016 is $429 billion. This may come as a surprise to those who are unfamiliar with the multi-billion dollar […]
The worldwide e-commerce retail sales surpassed $2.2 trillion in 2017 and it is estimated to reach up to $4.5 trillion by 2021. Online businesses contained roughly 10% of the average worldwide retail deals in 2017 and over the next 3 years, it will increase by another 5.4%. Amazon and Alibaba are right now the world’s […]
According to the UK’s annual fraud indicator in 2017, it was found that the annual cost of fraud in the UK is £190 billion, equal to around £10,000 per family. A significant portion of this is accounted for frauds happening at different stages of a procurement process in different organizations. Procurement fraud is a malpractice where someone dishonestly gaining […]
Since it’s inception, Blockchain technology has made a big impact in the finance sector by the introduction of blockchain based cryptocurrencies. This decentralized and trustless system offers many benefits such as cutting out the middleman, reducing transaction fees for overseas payment etc. Over the past couple of years, Blockchain has made its penetration into a lot […]
Over the last couple of years, Blockchain has increasingly become more popular as more than just a platform for cryptocurrencies. It now promises to revolutionize many domains ranging from healthcare to banking. What makes this technology stand out is the unparalleled level of transparency and decentralization it facilitates. This, along with its ability to maintain […]
For as long as there’s been a transaction of any sort, there’s been a pertinent risk of fraud. This dates back to as far as 80 BC when the Romans implemented an anti-fraud law to curb fraudulent sales of property. While back then it was but an occasional offender who indulged in fraud, in the […]
Over the years I have observed that the automobile sector is one of the most thriving industrial domain today that witnesses stunning growth figures year on year. Clocking a global average of 4.8% growth annually, it sees rapid traction across geographies and is one of the hotbeds for technology innovations. Automobile companies have constantly embraced […]
Tezos is a decentralized blockchain that governs itself by establishing a true digital commonwealth and facilitates formal verification, a technique which mathematically proves the correctness of the code governing transactions and boosts the security of the most sensitive or financially weighted smart contracts. At the simplest level, It is a decentralized ledger and smart contract […]
