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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 the 1960s the average medical cost per person was just $160. According to a report by CNBC, an average American spends nearly $4,000 toward health care each year, at this rate, it is expected to strike $5,000 by 2023. The healthcare field today is rife with corruption due to extensive third party involvement. This […]
Blockchain has become a buzzword, but leaving the hype aside, blockchain in the energy sector has the potential to reduce business complexity and improve both profitability and customer experience. The use of blockchain, in combination with other emerging technologies such as smart contracts, intelligent sensors and the “internet of things,” could change user engagement and potentially alter […]
Back in 1994, when Nick Szabo — a computer scientist and cryptographer from the United States developed the concept of smart contracts, probably no one had expected the disruption it is making to many industries today. A smart contract is simply a computer code running on top of a blockchain containing a set of rules under which the […]
Smart Contracts are like a closed box, the code inside it cannot communicate with the external world on their own. However, it is really important for business applications that its smart contract should communicate with external APIs and data to complete the execution of the business logics. One option for allowing your smart contract to communicate with […]
Since its inception, Blockchain technology has made a big impact in overcoming the pain points of various industries. Migrant issues are one among the pain point that has found its solution with the technologies inherent features. Challenges such as banking availability, identity verification etc have been the most prominent problem faced by migrants. From transparently […]
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 market of remittance industry. Technically speaking, remittance is a peer-to-peer transaction among migrant workers to their families in the home country. These global […]
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 […]
A democracy is about transparency and fairness and any elections conducted within such a paradigm should reflect those principles. If we are to automate the election process, we need a technology that can allow for such transparency and at the same time, be able to guarantee the integrity of the transaction. That technology is Blockchain. […]
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 […]