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Latest articles tagged:

Big Data

306, 2018

Unlocking the ocean of data around Facebook and Google

|3 Jun 2018|News|

Only a handful of companies have both the access to big data and the artificial intelligence (AI) and machine learning (ML) capabilities to utilize it. This has created an inequality chasm between the data-haves and data have-nots and an oligopoly in big data.

1612, 2017

We need to talk about autonomous vehicles and the blockchain

|16 Dec 2017|News|

The momentum behind the autonomous vehicle movement has been growing rapidly as the major technology vendors, and new players, seek to define the future of road transport. Given the volume of potential data and the critical nature of automated transport it will be essential to get cybersecurity policies, tools and responses right. It should be no surprise that many in the automaker community believe the blockchain is the answer.

1612, 2016

Chinas banking sector: Performance of listed banks and hot topics

|16 Dec 2016|Resources|

This issue focuses on big data used to promote the transformation of banking outlets; how to build a data mart for banking credit risk from the basics; the interpretation of the implications of Circular No.42 on banking business; the discussion and analysis of the accounting treatment of the business of investment-loan linkage of banks; and the implications of blockchain technology on commercial banks and proposed countermeasures. These topics are receiving more and more attention in the banking industry, and we hope that our discussion will help our readers gain a firmer understanding. Furthermore, this issue provides an overview of the financial position and performance of listed banks in the third quarter of 2016, which will allow readers to better understand the overall performance of the sector.

412, 2016

Blockchains for Big Data

|4 Dec 2016|News|

Big data arose in the early and mid 2000s to meet internet-scale computation needs: ZooKeeper at Yahoo, BigTable and MapReduce at Google, Cassandra at Facebook; and so on. Then came open source projects like Hadoop File System (HDFS), Hadoop MapReduce, Cassandra, and more.

206, 2016

Bitcoin’s best funded startup offers marketplace for user collected data

|2 Jun 2016|News|

21 Inc. is a privately-held bitcoin hardware company that launched in May 2015, having raised over $121 million in venture capital, more than any other company in the bitcoin space to date. The company's stated goal is “putting a bitcoin miner in every device and in every hand.” The team has also been busy creating a [tutorial library](http://21.co/learn) on their website recently, teaching not only how to use their hardware and software products, but how to use them to earn an income.

2103, 2016

Backing Australian FinTech

|21 Mar 2016|Resources|

At the recent World Economic Forum it was noted that 90 per cent of the data we use today has been created in the past two years. The ability of new technology to capture and process big data is changing how we do business and the way consumers use products and services.

1701, 2015

Factom Ledger by Consensus

|17 Jan 2015|Resources|

This paper goes over the architecture of Factom,and describes how its components fit together. We discuss a set of attacks,and demonstrate that as long as more than half of the participants are honest,and run the protocol as defined,Factom will perform as needed. Performance slows with increased dishonesty among system actors,however. As actors fail to perform,they are replaced with new actors.

1711, 2014

Business Processes Secured by Immutable Audit Trails on the Blockchain

|17 Nov 2014|Resources|

In this paper,we describe how Factom creates a distributed,autonomous protocol to cost effectively separate the Bitcoin blockchain from the Bitcoin cryptocurrency. We discuss client- defined Chains of Entries,client-side validation of Entries,a distributed consensus algorithm for recording Entries,and a blockchain anchoring approach for security.

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