Blockchain enabled smart contracts: all you need to know Smart contracts have been in the picture for some time now. They are making the establishment of contractual relationships among mutually unknown parties easy and safe. With blockchain as their underlying technology, smart contracts are changing the way we do business.

The concept of smart contracts dates back to 1997. Vending machines, introduced that year, are the simplest version of this concept. These machines release an item only after it has…

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IT behemoths and their AI experiments It is in the field of AI that the largest chunk of IT competition lies. Tech giants like Google, Apple, and Microsoft are heavily investing in AI experiments, clearly, to dominate the market of the future.

Investments in the field of artificial intelligence have increased drastically. In 2015 alone, tech giants such as Google, Microsoft, Apple, and Baidu invested $8.5 billion. This was 4 times more…

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Potential blockchain governance styles Blockchain eliminates the need for parties involved in a digital transaction to mutually trust one another. All you need to trust is the underlying code. Blockchain technology is innovative; and information governance with blockchain does not look like anything you’ve known before.

Due to their integrity, blockchain is being used in highly complex applications for the purpose of information governance. They not only secure the involved data, but are also self-validating. This…

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Avoiding bias in data analytics Using deep analysis of data to help you with decision making is a good idea but it can also backfire if the data is biased. Bias in data analytics can happen either because the humans collecting the data are biased or because the data collected is biased.

Being biased is a natural tendency that we all possess but it must be reduced as much as possible to take better decisions. Bias in data analytics can be avoided…

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This is why the physically challanged find IoT promising It’s not hard to see how many devices are already impacting our lives and the degree to which they have made our life easy. However, IoT for the physically challanged will not only make their life easy at home, office, and everywhere in between, but also add integrity to it.

Technology has helped challenged people come at par with their counterparts by completely nullifying their disabilities and empowering them to do whatever it is that they would like to. Meanwhile,…

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