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Setting Rythm in Algorithm (Contd)

Types of Algorithm and its Classification Every Algorithm falls under a specific class. The Algorithms' speed is measured in terms of many basic operations it performs. From increasing order of growth they are classified as follows: a. Constant Time Algorithm b. Logarithmic Algorithm c. Linear Time Algorithm d. Polynomial Time Algorithm e. Exponential Time Algorithm Formally, the complexity of algorithms is derived using the asymptotic notation. These are formal notational methods for stating the growth of resource needs (storage and efficiency) of an algorithm. There are four basic notations used when describing resource needs. These are: O(f(n)), o(f(n)), \Omega(f(n))Ω(f(n)), and \Theta(f(n))Θ(f(n)) - Big-O, Little-o, Omega and Theta respectively. a. Big O: O(f(n)) establishes an upper bound on the function. This [...]

By |2019-06-12T17:18:43+05:30June 12, 2019|Blogs, Technology|Comments Off on Setting Rythm in Algorithm (Contd)
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Maersk and IBM Joint Blockchain Venture

IBM and Maersk introduce TradeLens Blockchain Shipping Solution designed to promote a more secure and efficient global trade, bringing together all the parties involved to support transparency and information sharing, and spur industry-wide collaboration and innovation. TradeLens is the result of the collaboration announced early this year in Jan 2018, advances as more than 94 organisations participate in the Global Trade Solution. TradeLens platform has been jointly developed by IBM and Maersk to offer a global trade digitised platform built on open standards and designed for use by the entire global shipping ecosystem. Today, the cost and size of the world’s trading ecosystems continue to grow in complexity. More than $4 trillion in goods are shipped each year, and the ocean [...]

By |2019-04-02T15:30:53+05:30April 2, 2019|Blockchain, Blogs, Technology|Comments Off on Maersk and IBM Joint Blockchain Venture
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First-ever We.Trade Blockchain Platform Goes Live

The We.Trade Blockchain Platform for Trade Finance Platform established by a consortium of nine banks in Europe has created a breakthrough conducting seven live Trade transactions by ten companies and four partner banks. The founding member banks of the Digital Trade Chain (DTC) consortium has now re-branded as "We.Trade." Powered by the Hyperledger Fabric blockchain framework using IBM's platform, we.trade provides a platform for tracking, managing, and protecting open trade account transactions between the SMEs. It harnesses both the Smart Contracts and Distributed Ledger Technology (DLT). It connects the parties involved in the trade (the buyer, buyer's bank, the seller, seller's bank and the transporter) and registers the entire trade process, the order of payment, displaying it on the dashboard [...]

By |2019-03-15T15:30:04+05:30March 15, 2019|Blockchain, Blogs, Technology|Comments Off on First-ever We.Trade Blockchain Platform Goes Live
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NYSE launches Digital Currency Exchange

Intercontinental Exchange (ICE), Owner of NYSE to launch Bakkt the Federally Regulated Global Platform and Ecosystem for Digital Assets The ICE founder, Chairman and CEO - Jeffrey C. Sprecher of the trading colossus of 23 regulated exchanges, global marketplaces, operator of 6 central clearinghouses and listing services, announced the formation of the new start-up entity called "Bakkt." Kelly Loeffler, ICE's head of Digital Assets and is the CEO of Bakkt, explains "Bakkt" as a play upon words "backed,' which means "Asset-backed Securities," and is intended to evoke a highly-trusted investment. Jeff believes that Bitcoin could be the 'First WorldWide' currency to see the Wall Street warm up to trading Virtual Currency and has the potential of greatly simplifying the movement of global money. [...]

By |2019-03-12T15:30:36+05:30March 12, 2019|Blockchain, Blogs, Technology|Comments Off on NYSE launches Digital Currency Exchange
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Advantages of Web 3.0

The next big wave is the Web 3.0 or the Decentralised Web which is envisaged by the Industry. It will take a nostalgic turn to the vision of Web 1.0 and 2.0 with better privacy, data security and more human-like interaction. The vision of a more transparent Web dates back to 2006. However, the technologies and tools weren't available for it to materialise. Bitcoin was still three years away, bringing forward with it the niche concept of the distributed ledger, or blockchain technology for peer-to-peer digital storage. Decentralisation was the idea while blockchain the means. What we now have is the 'Human-Centered Internet. Let us understand the key benefits which the Web 3.0 offers. 1. Ownership of Information or Data: [...]

By |2023-09-14T10:35:15+05:30March 7, 2019|Blogs, Technology|Comments Off on Advantages of Web 3.0
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Web 3.0 or Decentralized Web Introduction

Web 3.0 or Decentralised Web to revolutionise the world of Internet Era through Blockchain, Big Data Analytics and Artificial Intelligence. There has been a buzz around the Web 3.0 and the disruption it will bring to the Industry, but only a few know actually why it spawned and what is it about to transform. Let us travel back in time to understand and examine its predecessors - Web 1.0 and 2.0 Web 1.0: In early 90s' web 1.0 was the first generation of the 'World Wide Web' it was based primarily on the technology of HTTP which worked to link documents on different computers and make them accessible over the internet. HTML was then used to display these document so [...]

By |2019-03-05T15:30:36+05:30March 5, 2019|Blogs, Technology|Comments Off on Web 3.0 or Decentralized Web Introduction
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Blockchain Engaging TrustChain in Jewelry

World's leading Diamond and Gold Jewelry Industry Giants form the Consortium called "TrustChain" in collaboration with IBM to put Jewelry Supply chain on IBM's Blockchain Platform. https://youtu.be/FHJBpofEOqI The TrustChain utilises IBM's Blockchain Technology solution to improve global provenance in the diamond and jewellery supply chain. This collaboration is a unique one as it leverages IBM's Blockchain Platform, Underwriter Laboratories (UL), Independent third-party verification together with the five diamond and jewellery companies that represent the global supply chain namely - Rio Tinto Diamonds (diamond supplier for PoC), Leach Garner (Precious Metal Supplier), Helzberg (US Jewellery Retailer), Asahi Refinery (Precious Metal Refinery), and the Richline Group (Global Jewellery Manufacturer). Let us assume you want to buy a beautiful diamond necklace for yourself, but [...]

By |2019-02-26T15:30:44+05:30February 26, 2019|Blockchain, Blogs, Technology|Comments Off on Blockchain Engaging TrustChain in Jewelry
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Artificial Intelligence – My Own Jarvis

Artificial Intelligence (AI) has gained a tremendous milestone in the recent years. It is mind-boggling to know how the technology is disrupting the face of this entire world. There have been significant advancements in the AI applications across Industry verticals right from human labours to robots in the manufacturing, bullock carts to smart tractors in agriculture, abacus to supercomputers in the IT, the examples are endless. The AI transformation is not far enough to replace the human intelligence although theoretically yes but in reality still a long way to go. Just like in the Sci-fi movies Darth Vader and Terminators are trying to take over other planets, we are still far away from what it needs to be accomplished to [...]

By |2023-09-14T10:35:11+05:30February 21, 2019|AI, Blogs, Technology|Comments Off on Artificial Intelligence – My Own Jarvis
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Artificial Intelligence Disrupts and Transforms key Industry Verticals

Imagine a world if the industry could harness the multitude of data being generated to catalyse a positive change. What would it be like if the industry could predict and prevent crimes even before they have happened, or apply the AI methodologies to save lives with advanced healthcare? Doesn't it sound like the plots from the Sci-fi movies? With the recent developments in the artificial intelligence (AI), these transformations are not only possible but in reality, a dream come true. Our technology and tools evolved drastically in the 20th century, due to the advances in transportation, medical technology, space exploration, communications technology, and the birth of Digital Revolution. In the 21st century, the technologists built machines that have their own brain but also [...]

By |2019-02-13T15:30:34+05:30February 13, 2019|AI, Blogs, Technology|Comments Off on Artificial Intelligence Disrupts and Transforms key Industry Verticals
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Setting Rythm in Algorithm

Algorithms - The Framework of the Universe What is an Algorithm? An Algorithm is a step by step method or set of rules for solving a problem. The algorithm is everywhere, and whatever systems you develop, you first develop an 'Algorithm' to run it. It is a precise series of instructions on how to accomplish the desired task. A formal algorithm used with computers or in mathematics is an unambiguous specification of how to solve a class of problems. Algorithms can perform Data processing, Calculation, and Automated reasoning tasks. In a technical or non-technical world, we use algorithms in our everyday activities, for, e.g., when you hit the Google search button, the search engine sifts through thousands or millions of [...]

By |2019-02-11T15:30:10+05:30February 11, 2019|Blogs, Technology|Comments Off on Setting Rythm in Algorithm
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