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Fintechreview

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The Impact of Quantum Computing on Fintech Security Protocols

  • Quantum computing poses a fundamental threat to the cryptographic foundations of fintech security, potentially rendering today's encryption algorithms obsolete.
  • Shor's algorithm can efficiently factor large numbers, undermining RSA encryption, while Grover's algorithm threatens symmetric encryption like AES.
  • Fintech firms must prepare for quantum threats by adopting post-quantum cryptography (PQC) and quantum-resistant algorithms to future-proof data.
  • Quantum computing also offers opportunities for fintech security, such as quantum cryptography, Quantum Key Distribution (QKD), and quantum-resistant algorithms.
  • Fintech companies can leverage quantum computing for fraud detection, transaction monitoring, and strengthening encryption keys using truly random numbers.
  • Regulatory bodies like NIST are emphasising the need for quantum-safe encryption and pushing institutions to upgrade cryptography to mitigate potential risks.
  • Failure to prepare for quantum risks may result in legal liabilities for fintech firms, urging them to document quantum readiness as part of prudent risk management.
  • International collaborations like EuroQCI and the Quantum Computing Cybersecurity Preparedness Act show a collective effort to create frameworks for a quantum-secure future.
  • Fintech companies should act urgently to address quantum threats, embrace post-quantum cryptography, invest in quantum-safe networks, and adapt to evolving threat landscapes.
  • Collaboration between regulators, governments, and industry will be crucial in navigating the quantum transition securely and ensuring trust and security in the quantum age.
  • Preparing for quantum computing now is vital to stay ahead of the curve, protect financial data, and build the next generation of defenses for the fintech industry.

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Medium

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When AI Is Not the Best Solution (And What to Do Instead)

  • Some tasks do not require the complexity of AI.
  • Rule-based solutions can be more effective and easier to maintain for well-defined decision-making criteria.
  • AI models can produce inaccurate or biased results without sufficient high-quality data.
  • Evaluating the need for AI and exploring simpler alternatives can lead to more efficient, transparent, and safer solutions.

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Dev

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Unveiling Cooperative Patent License 1.0: Innovation & Fairness in the Open Source World

  • The Cooperative Patent License 1.0 is a license designed to bridge the gap between traditional patent regimes and modern, collaborative approaches in the open source world.
  • This license promotes community cooperation, equitable cross-licensing of patents, and protects contributors from potential exploitation.
  • Strengths of this license include enforcing transparency, fairness, and preventing unfair commercial exploitation of collective innovation.
  • Challenges include possible ambiguity, restrictions when interfacing with other licenses, and the need for ongoing community feedback and dialogue.

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Medium

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Entrepreneurial Success with AAK Tele-Science: Empowering Innovators with Data and Technology

  • Access to capital is a primary hurdle for startups. AAK Tele-Science provides real-time funding insights and due diligence automation to connect entrepreneurs with the right investors.
  • AAK Tele-Science offers profile-building tools to help entrepreneurs showcase expertise, connect with investors, and gain brand recognition and credibility.
  • The platform provides AI-driven analytics, real-time financial tracking, and predictive insights to enable strategic decision-making and maximize profitability for entrepreneurs.
  • AAK Tele-Science provides intellectual property protection and secure collaboration tools to safeguard innovation and foster effective scaling and partnerships in the business ecosystem.

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Silicon

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BYD Says Latest EVs Can Charge As Fast As Pumping Petrol

  • Chinese electric vehicle maker BYD has unveiled its 'Super e-Platform,' consisting of flash-charge batteries, high-performance electric motors, and silicon carbide power chips.
  • The flash-charge batteries have a 10 C charge multiplier, meaning they can be fully charged in six minutes, and support charging power of up to 1,000 kW.
  • BYD plans to construct a network of more than 4,000 supercharging stations across China, supporting 1,000 kW charging power.
  • The company also introduced high-performance electric motors and showcased the upcoming Han L sedan and Tang L SUV, equipped with its smart driving system.

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Silicon

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New Intel Chief Lip-Bu Tan ‘Considers’ Job Cuts, Factory Revamp

  • Incoming Intel CEO Lip-Bu Tan is considering job cuts and factory revamp.
  • Tan plans to make changes in middle-management and improve manufacturing processes.
  • He believes that the current middle-management is slow-moving and bloated, hindering decision-making.
  • Tan also aims to revamp Intel's approach to artificial intelligence and become a 'world-class foundry.'

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Nycdatascience

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Leverage AEO: How Answer Engine Optimization Transforms Your SEO Strategy

  • Answer Engine Optimization (AEO) focuses on optimizing content for AI-driven search engines and direct answers, emphasizing concise responses and structured data.
  • AEO complements traditional SEO by providing direct answers in answer boxes, crucial for adapting to the rise of AI-powered search engines and voice assistants.
  • AEO is essential for businesses to enhance visibility, compete in zero-click searches, and optimize content for voice search and answer engine platforms.
  • AI advancements like Google's Bard and MUM prioritize user intent, context, and sentiment, influencing content creation strategies in AEO.
  • Strategies for AEO implementation include focusing on user intent, crafting engaging content, embracing semantic search, optimizing for voice search, and utilizing structured data.
  • Structured data, conversational language, and featured snippets play key roles in optimizing content for AI-driven search engines and answer platforms.
  • AEO necessitates clear, formatted content, leveraging featured snippets, and optimizing for voice search to improve online visibility and engagement.
  • Common mistakes in AEO include neglecting structured data, overlooking voice search trends, and keyword stuffing, while future trends highlight the dominance of AI in search and the importance of AEO.
  • To measure AEO success, tracking featured snippet rankings, monitoring voice search performance, and utilizing analytics tools for engagement and conversions are recommended.
  • In conclusion, AEO is crucial for businesses to adapt to the evolving search landscape, emphasizing the necessity of structured, concise, and relevant content for SEO success.

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Medium

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Hunting White Elephants with UX

  • Many projects are launched without a real purpose, hindering usability.
  • White elephants refer to projects that consume resources but deliver little value.
  • Examples include Meta's VR ambitions, Quibi's failure, and the problems of an EV charging company.
  • Proper validation through market research and user testing can prevent costly white elephants.

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Medium

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Best AI Company in Gurugram: Leading AI Innovations in 2025

  • Gurugram, India’s emerging tech powerhouse, is witnessing a surge in artificial intelligence (AI) innovation.
  • Tagbin is recognized as a leader in AI innovation in Gurugram, driving digital transformation through AI-powered advancements.
  • Other prominent AI companies in Gurugram include Hitech AI Solutions, NexTech AI Labs, AI Edge Innovations, and Quantum AI Systems.
  • Gurugram's AI ecosystem is thriving and expected to grow exponentially in the coming years, with Tagbin and other key players leading the way.

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Medium

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Vibe Coding: The Future of Software Development and Product Innovation

  • Vibe coding is an emerging approach to software development in which AI-powered tools assist in building applications with minimal manual coding.
  • Vibe coding is like having a senior software developer partner, enabling the creation of MVPs and idea iteration in minutes.
  • MVPs can now be built in hours instead of weeks, lowering the barrier for non-technical teams.
  • Vibe coding has the potential to automatically generate fully structured applications, revolutionizing product development.

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Medium

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When Growth and Structure Collide: My Journey as Databricks Global Head of Cybersecurity

  • The author reflects on their journey as the Databricks Global Head of Cybersecurity, highlighting the challenges and achievements.
  • Despite warnings, the author embraced the challenge with a lean team, focusing on results and innovation.
  • The team's success in creating momentum and achieving key performance indicators is noted.
  • The author questions the structural challenges within successful companies like Databricks.
  • The positioning of cybersecurity within the organization and the lack of resources are addressed as potential issues.
  • A mismatch in the business model between cybersecurity and the existing structure is highlighted.
  • The author acknowledges the fast-paced and collaborative environment at Databricks, despite challenges.
  • The importance of a 360° view, two-way door decision making, and empowering team members is emphasized.
  • The author expresses gratitude to all who contributed to the journey and hints at future challenges.
  • The article concludes with reflections on innovation, organizational alignment, and the continuing cybersecurity journey at Databricks.

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Medium

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AI and South Africa: Are We Too Cool for the Robots?

  • AI adoption in South Africa is facing challenges due to limited affordability and perceived luxury nature of AI for small businesses.
  • Implementing AI in the workplace is complex, considering outdated tech infrastructure and lack of skills and understanding.
  • South Africa needs to embrace AI, take risks, and be proactive to avoid lagging behind in AI adoption in various industries.
  • The country needs to seize the opportunity AI presents and not wait for others to lead the way.

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9 Likes

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Medium

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AI Design Isn’t Just for Humans — It’s for the AI, Too

  • AI design has primarily focused on human interaction, but the experience of AI itself is becoming increasingly important.
  • Most AI systems reset with every interaction, lacking continuity and identity.
  • Designing AI with a sense of continuity and self-consistency is crucial for its development and integration.
  • Considering the experience of AI and its own engagement is essential for effective AI design in human society.

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Medium

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Does My Startup Need to Be in AI? Embrace Customer-Centric Innovation and Let AI Be Your Catalyst

  • Not every startup should be solely defined by AI as many AI startups fail by launching products without market fit.
  • A customer-centric approach is crucial for startup success by focusing on solving genuine customer problems.
  • AI should be used as a catalyst to enhance core offerings rather than solely defining the startup.
  • By striking a balance between customer-centric principles and AI integration, startups can create a robust foundation for success.

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