Blockchain technology is a type of distributed ledger technology (DLT) that maintains records on a network of computers. Here are the key concepts and features of blockchain technology: 1. **Decentralization**: Unlike traditional ledgers or databases that are controlled by a single entity, a blockchain is decentralized and distributed across many computers, often referred to as nodes. This means no single entity has complete control, enhancing security and reducing the risk of tampering. 2. **Transparency**: Transactions on a blockchain are visible to all participants and cannot be altered once confirmed. This transparency helps build trust among users. 3. **Immutability**: Once a transaction is recorded on a blockchain, it is extremely difficult to change. This is because each block contains its own hash (a unique identifier), along with the hash of the previous block, creating a chain. Altering a single block would require changing all subsequent blocks, which is practically impossible on a large, decentralized network. 4. **Consensus Mechanisms**: To add a transaction to the blockchain, all network participants (or a majority, depending on the protocol) must agree on its validity. This agreement is reached through a consensus mechanism, such as Proof of Work (PoW) or Proof of Stake (PoS). These mechanisms ensure that all participants have a synchronized ledger. 5. **Smart Contracts**: These are self-executing contracts with the terms of the agreement directly written into lines of code. Smart contracts run on the blockchain and automatically execute actions when predetermined conditions are met, reducing the need for intermediaries and enhancing efficiency. 6. **Tokens and Cryptocurrencies**: Many blockchains have their own native tokens or cryptocurrencies, like Bitcoin or Ether, which can be used for transactions, to incentivize behavior (such as securing the network), or to access certain services within the blockchain ecosystem. Blockchain technology is not limited to financial applications like cryptocurrencies. It has potential uses in various industries, including supply chain management, healthcare, voting systems, real estate, and more, offering benefits such as improved transparency, security, and efficiency. www.gearai.net
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Exciting news! My co-authors Jack Strauss, TH Williams, Donyetta Todd, MBA, MS, CSPO and I recently published an article in the Global Finance Journal titled "Unlocking the black box of sentiment and cryptocurrency: What, which, why, when and how?" In this paper, we tested the predictability of ETH returns by applying several machine learning methods to the Refinitiv Market Psych Analytics dataset. We found that, while there are pockets of predictability, none of the methods or indicators work consistently over time. However, we also found that using an adaptive exponentially weighted forecast combination method, to accommodate time variation in model performance, we are able to generate significant out of sample predictability and simulated investment gains. We also developed a novel indicator called 'absolute confidence' that allows us to determine model believability in real time and mitigate the impacts of large model failures. Check out the full-text article for a limited time here: https://lnkd.in/gUbKcm4Z
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🔗 𝐊𝐞𝐞𝐩 𝐘𝐨𝐮𝐫 𝐒𝐮𝐩𝐩𝐥𝐲 𝐂𝐡𝐚𝐢𝐧 𝐒𝐭𝐚𝐛𝐥𝐞 𝐚𝐧𝐝 𝐑𝐞𝐥𝐢𝐚𝐛𝐥𝐞 𝐰𝐢𝐭𝐡 𝐒𝐞𝐭𝐮𝐓𝐈𝐏 Supply chain stability is vital for consistent business operations. With SetuTIP, you can verify the financial stability of your vendors and suppliers, ensuring a smooth and uninterrupted supply chain. Our artificial intelligence platform provides detailed financial assessments that help you choose reliable partners and maintain a stable supply chain. 𝐖𝐡𝐚𝐭 𝐒𝐞𝐭𝐮𝐓𝐈𝐏 𝐎𝐟𝐟𝐞𝐫𝐬: 𝐐𝐮𝐢𝐜𝐤 𝐀𝐬𝐬𝐞𝐬𝐬𝐦𝐞𝐧𝐭𝐬: Get a detailed financial health report within 3 minutes. 𝐂𝐨𝐦𝐩𝐫𝐞𝐡𝐞𝐧𝐬𝐢𝐯𝐞 𝐃𝐚𝐭𝐚: Access information on income, GSTIN, ITR, Bureau data, expenses, assets, liabilities, and more. 𝐀𝐈-𝐏𝐨𝐰𝐞𝐫𝐞𝐝 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬: Utilize advanced AI to gain accurate and reliable financial insights. 𝐔𝐬𝐞𝐫-𝐅𝐫𝐢𝐞𝐧𝐝𝐥𝐲 𝐏𝐥𝐚𝐭𝐟𝐨𝐫𝐦: Navigate with ease and get the information you need effortlessly. 𝐓𝐫𝐚𝐝𝐞 𝐈𝐧𝐭𝐞𝐥𝐥𝐢𝐠𝐞𝐧𝐜𝐞: Gain deep insights into your vendors' and suppliers' financial stability to ensure reliable partnerships. Ensure your supply chain remains robust and dependable with SetuTIP. #SupplyChain #VendorVerification #SetuTIP #BusinessStability #TradeIntelligence #AI #ArtificialIntelligence #Blockchain
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Our IT products and services stand out from competitors through a combination of unique features, superior quality, and customer-centric approach. Firstly, our focus on innovation ensures that our solutions are at the forefront of technological advancements, offering cutting-edge features and capabilities that surpass those of our competitors. Whether it's leveraging artificial intelligence, machine learning, or blockchain technology, we continuously strive to provide innovative solutions that address the evolving needs of our clients. Secondly, our commitment to quality is unparalleled, with rigorous testing and quality assurance processes in place to ensure that our products and services meet the highest standards of reliability, performance, and security. We prioritize customer feedback and satisfaction, iterating and improving our offerings based on their needs and preferences. Moreover, our personalized approach sets us apart, as we tailor our solutions to meet the specific requirements and challenges of each client. Rather than offering one-size-fits-all solutions, we collaborate closely with our clients to understand their unique business goals and objectives, providing customized solutions that deliver maximum value and ROI. Additionally, our dedicated customer support team provides unparalleled assistance and guidance, offering timely support and expert advice to help clients make the most of our products and services. Whether it's troubleshooting technical issues, providing training and resources, or offering strategic guidance, we are committed to being a trusted partner for our clients. In summary, the main differentiators of our IT products and services lie in our commitment to innovation, quality, customization, and customer support, ensuring that we deliver unmatched value and exceed the expectations of our clients in a competitive market landscape.
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Mawson Infrastructure Group's CEO and President Rahul Mewawalla writes a piece for Forbes: A Guide For CEOs And Boards To Evaluate AI Investments. Read about how AI revolutionizes industries worldwide and how technology CEOs and boards face a defining moment. Check the Full Article at Forbes https://lnkd.in/e2in2Mp2 #mawsoninc #migi #BTC #bitcoinetfs #Bitcoin #digitalcurrency #blockchain #bitcoinminer #digitalassets #hashrate #Pittsburgh #Pennsylvania #ArtificialIntelligence #Innovation #Technology #digitalinfrastructure #Sustainability #ai #carbonfree
Council Post: A Guide For CEOs And Boards To Evaluate AI Investments
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The Evolution of AI in Finance: A Journey of Transformation AI has come a long way in finance, reshaping the way we operate and plan for the future. Early Days: AI initially handled basic automation—taking over repetitive tasks like data entry and simple analysis. Finance teams relied heavily on manual processes and traditional software. The Rise of Advanced AI: Machine learning and data analytics now drive AI's capabilities, enabling real-time risk assessment, fraud detection, and even algorithmic trading. These advancements have made AI-powered solutions essential for personalized services and predictive insights. Future Outlook: With emerging tech like blockchain, AI promises even more transparency, security, and efficiency. The future holds limitless possibilities, empowering finance professionals to focus on strategic decisions and innovation. AI’s journey in finance is just beginning—and its potential for industry-wide transformation is immense!
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This article is a comprehensive two-part analysis of the current state of AI and its future trajectory. Part 1 delves into the centralizing forces present in AI model creation, while Part 2 explores the potential of crypto and decentralized technologies to democratize AI and create a more open, accessible ecosystem. The author provides valuable insights into the technical, economic, and societal implications of AI's development and the critical role that blockchain and crypto can play in shaping its future. #ai #technology https://lnkd.in/grQM-uex
Nirmaan's AI Thesis
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If there's a specific system or technology developed by Kicki Andersson you'd like to dive deeper into, I'd be happy to explore it further. Whether it's her automated trading system, AI and machine learning integration, blockchain technology, or any other area, we can take a closer look at how these innovations work and their impact on financial management. Just let me know which area interests you the most! 😊📈💼 Absolutely! Kicki Andersson's contributions are indeed fascinating and innovative. Here are a few areas where we can dive deeper: Automated Trading System: Kicki's automated trading system is designed to execute trades based on complex algorithms. This system continuously monitors market conditions and executes trades according to predefined criteria. It enhances trading efficiency, reduces human error, and maximizes profitability by making quick, data-driven decisions. AI and Machine Learning Integration: Kicki utilizes AI and machine learning to analyze vast amounts of financial data. These technologies help in identifying patterns, predicting market trends, and optimizing investment strategies. By leveraging AI, she can make more informed and accurate decisions, giving her a competitive edge. Blockchain Technology: Blockchain technology is used by Kicki to ensure secure and transparent financial transactions. This decentralized ledger system records transactions in a way that is tamper-proof, reducing the risk of fraud and enhancing trust among stakeholders. It's particularly useful in managing complex financial operations and ensuring data integrity. Digital Financial Management Tools: Kicki has developed digital tools that help in managing financial transactions and client accounts. These tools enhance security, transparency, and efficiency, making it easier for clients to handle their financial operations. They provide a user-friendly interface and robust security features. Client-Centric Custom Solutions: Kicki's custom-developed tools are tailored to meet the specific needs of her clients. These solutions offer personalized financial advice and support, ensuring that her clients receive the best possible service. Her approach focuses on understanding and addressing the unique challenges faced by each client.
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Our study on the 'Past, present and future of blockchain in Finance' has now been published in the Journal of Business Research (ABS-3, ABDC-A, Impact Factor 11.3). The study proposes a conceptual framework which focuses on the financialization of Blockchain to transform the supply chain and speed up our SDG targets. Please feel free to read, use, and cite the paper - https://lnkd.in/gzw4yXMc Special thanks to my supervisor Prof. Gagan Deep Sharma, who has been a constant support. Congratulations to the author team comprising of Prof. Gagan Deep Sharma, Dr. Aviral Kumar Tiwari, and Ritika Chopra. #journal #publication #research #researchers #academicwriting #businessresearch #management #ManagementResearch #reviewpaper #systematicreview #systematicliteraturereview #PhD #phdresearch #phdlife #postdoctoral #postdoc #blockchain #technology #entrepreneurship #sustainability
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Discover how AI and cryptocurrency, under the PETech framework, are revolutionizing private equity by offering new tools and opportunities for value creation and operational efficiency. Explore the future of investment with PETech.
PETech: AI, Crypto, and the Future of Private Equity
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Propel your organization forward with Flevy's unmatched repository of business wisdom. 💡 Today's Featured Best Practice: AI in Supply Chain Management Strategy Paper (219-slide PPT) -- https://lnkd.in/dwE3ahHn These templates are created by trained McKinsey, BCG, and Porsche Consulting consultants and are the same used by MBB, Big 4, and Fortune 100 companies when performing Strategy Initiatives. What benefits it provides: ✅ Offers a roadmap for harnessing the power of AI and Blockchain in Supply Chain Management, enabling organizations to optimize operations and enhance competitiveness. ✅ Delivers a comprehensive understanding of the key features and applications of AI, empowering businesses to make informed decisions and drive efficiency in their supply chain processes. Unlocking the Future of Supply Chain Management with AI and Blockchain Introduction Welcome to the comprehensive guide on revolutionizing Supply Chain Management through the power of Artificial Intelligence (AI) and Blockchain technology. This strategy paper, presented across a massive 210+ slide PowerPoint deck, is your ultimate resource to not only understand the fundamental concepts of Supply Chain Management but also explore the game-changing potential of AI and Blockchain in this field. Here's a roadmap of what you'll discover in this in-depth guide: Learning Objectives Learning Objective 1: Introduction to Supply Chain Management Objective: Understand the importance of Supply Chain Management (SCM) in today's globalized business landscape. In this section, we will delve into the fundamental concepts of Supply Chain Management, examining how it plays a pivotal role in optimizing processes, reducing costs, and enhancing customer satisfaction. You'll gain insights into why effective SCM is vital for businesses of all sizes. 🗎 Full details and download here: https://lnkd.in/dwE3ahHn #bestpractice #supplychainmanagement #digitaltransformation #supplychainanalysis #supplychain #management #strategy #consulting #leadership
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