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Bigdataanalyticsnews

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How AI Is Changing Finance: A Closer Look at the Sector’s Digital Transformation

  • AI is reshaping the finance sector, improving speed, accuracy, and data-driven decision-making.
  • In trading, AI-driven algorithms analyze vast data points for smarter and faster investment choices.
  • AI is crucial for detecting fraud in real-time by identifying unusual activities using machine learning.
  • Personalized banking experiences are becoming common with AI offering tailored advice and services.
  • AI streamlines operations by automating routine tasks, saving time, and reducing errors.
  • RegTech utilizes AI to help financial institutions comply with evolving regulations efficiently.
  • In credit and lending, AI evaluates alternative data to provide a holistic view for better decision-making.
  • The future of AI in finance includes predictive analytics, risk modeling, and enhanced customer service.
  • As AI expands in finance, ethical considerations and transparency become essential for fair and responsible usage.
  • AI is actively transforming finance, offering improved security, efficiency, and personalized financial solutions.

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Medium

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Planck Network: The Infrastructure Layer AI And Web3 Didn’t Know It Needed

  • Planck Network is a decentralized modular compute protocol that enables trustless execution of workloads across distributed nodes.
  • Key features include verifiable compute, modular runtime architecture, proof-of-computation, and decentralized & scalable infrastructure.
  • Planck bridges the gap in AI and Web3 by offering a layer where AI agents and decentralized applications can run autonomously, securely, and verifiably.
  • It aims to upgrade the internet’s nervous system by providing the compute backbone for building DAOs, agentic systems, or AI-first dApps.

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TronWeekly

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Blockchain-Powered FIFA Rivals Integrates Adidas Digital Collectibles Ahead of Release

  • Mythical Games is launching its crypto-powered soccer title, FIFA Rivals globally on June 12, featuring Adidas digital collectibles.
  • Players can access exclusive Adidas-branded digital assets like kits, jerseys, and virtual shoes through the game, enhancing engagement and ownership.
  • The integration of Adidas into FIFA Rivals brings the renowned football brand's heritage into the cryptocurrency gaming world, allowing players to buy, sell, and collect unique digital items.
  • Mythical Games has received investments from major stakeholders in the crypto/Web3 space and the addition of Adidas to FIFA Rivals showcases the increasing interest in the convergence of crypto gaming and sports.

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Livebitcoinnews

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Uber Taps Stablecoins to Revolutionize Global Payments and Transfers

  • Uber is exploring stablecoins to enhance its global payment system and reduce cross-border transaction fees and delays.
  • Stablecoins like USDC and USDT could enable faster and cheaper payments for Uber, potentially reducing transfer times from days to seconds with minimal fees.
  • The move towards stablecoins is part of an industry-wide trend, with other financial institutions also considering their adoption for more efficient transactions.
  • Uber's focus on leveraging blockchain technology for operational benefits aligns with the growing momentum and expansion of the global stablecoin market, driven by regulatory clarity and increased trust.

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Dev

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Research Experiment: Auto-Pricing SILVE via BNB on Binance Smart Chain

  • Conducting a research experiment on the Binance Smart Chain (BSC) to test the interaction of a token contract and recover lost tokens by sending BNB.
  • Sending over 0.01 BNB to the Silver smart contract results in receiving a SILVE token, with each purchase raising the price within the contract.
  • SILVE specifications include: Symbol - SILVE, Total Supply - 21,000,000, Decimals - 9, Network - Binance Smart Chain (BSC), User Wallet - MetaMask.
  • Project is for research and educational purposes, aiming to learn how non-verified smart contracts handle balances and the importance of BNB as gas on BSC.

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Medium

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Smart Building & Facility Management with Blockchain–Edge Fusion

  • Smart buildings are evolving into dynamic, self-optimizing environments that respond to human behavior and environmental conditions.
  • Challenges include data fragmentation, cyber threats, and lack of transparency in building automation processes.
  • Blockchain-Edge Fusion combines blockchain's data integrity and edge computing's real-time control for enhanced smart building management.
  • Benefits include improved security, optimized operational costs, transparent service interactions, portable digital access credentials, and compliance with regulations.

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TechBullion

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Why You Need an RFID Wallet: Key Benefits You Should Know

  • RFID wallets offer practical benefits by providing protection against unauthorized access to information on cards with RFID chips.
  • RFID-blocking wallets create a barrier that prevents signals from RFID chips in cards from being accessed by unauthorized scanners.
  • These wallets come in sleek designs, made of leather, and offer RFID protection without compromising style or functionality.
  • Switching to an RFID wallet is a smart move for added security, especially during travel, without requiring any significant changes to daily routine.

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Medium

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How Sahara AI is Charting A New Course For Decentralized Intelligence

  • Sahara AI aims to establish a decentralized AI blockchain platform accessible to everyone, fostering collaborative AI development and ensuring fair recognition and rewards for contributors.
  • The platform integrates Sovereignty and Provenance, AI Utility, and a Collaborative Economy pillars to promote decentralized ownership, AI utility, and equitable value distribution.
  • Co-founders Sean Ren and Tyler Zhou bring AI research expertise and blockchain experience to Sahara AI, which has raised $49 million in funding rounds led by prominent venture capital firms.
  • Sahara AI's architecture supports high-quality data collection through the Data Services Platform and streamlined AI development via the AI Developer Platform.
  • The AI Marketplace enables transparent trading of AI assets, and Sahara Agents offer custom on-premise AI solutions for businesses.
  • Privacy-preserving techniques like Differential Privacy and Homomorphic Encryption secure user data, while the Sahara Blockchain enhances trust and transparency in AI asset management.
  • Sahara AI's partnerships with tech giants and academic institutions validate its decentralized approach and potential mainstream adoption.
  • Early successes, like collaborating with MyShell to accelerate model training, demonstrate Sahara AI's impact, user engagement, and potential for scalable data solutions.
  • Challenges like complexity, scalability, and regulatory compliance confront Sahara AI as it navigates the intersection of AI and blockchain technologies.
  • Sahara AI's commitment to ethical AI practices, robust privacy measures, and a community-first approach positions it as a leader in responsible AI development.
  • With a clear roadmap, upcoming token sale, and anticipated mainnet launch, Sahara AI aims to revolutionize decentralized AI, drive ethical innovation, and democratize AI development and ownership.

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Pymnts

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Deutsche Bank Considers Digital Asset Projects as Countries Adopt Regulations

  • Deutsche Bank is considering expanding its efforts in the digital asset industry as countries adopt regulations.
  • The bank is looking at stablecoins, including issuing its own or joining an industrywide project, and at a tokenized deposit solution.
  • Deutsche Bank made investments in blockchain cross-border payments, participated in tests with the Bank of International Settlements, and partnered with Taurus on digital asset custody services.
  • Stablecoins are gaining mainstream acceptance, and Deutsche Bank's collaboration with Taurus aims to support digital asset services in anticipation of the digital asset space encompassing trillions of dollars.

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Dev

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Building YAP’s Community: How I’m Leading the Charge and Why I’m the Best Fit

  • YAP focuses on building a strong language learning community by emphasizing real conversations, shared experiences, and cultural exchanges.
  • Key elements shaping YAP's community include social features for real connections, gamification for fun collaboration, user-generated content for shared learning, live events for interactive experiences, and personalized suggestions for each learner.
  • Challenges like moderation, scalability, monetization, and competition are addressed through clear guidelines, automation, optional services, and deep cultural immersion.
  • YAP involves users in product development through monthly sessions, ensuring features meet users' needs and enhance overall learning experience.

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