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What Are the Most Important Steps to Protect Your Organization’s Data?

Smart Data Collective

Based on figures from Statista , the volume of data breaches increased from 2005 to 2008, then dropped in 2009 and rose again in 2010 until it dropped again in 2011. In 2009 for example, data breaches dropped to 498 million (from 656 million in 2008) but the number of records exposed increased sharply to 222.5 million in 2008).

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The Role of Blockchain in the Launch and Growth of Cryptocurrency

Smart Data Collective

Arguably, it was blockchain, rather than the concept of digital coins themselves that was the major disruptive technology that came out in 2009. Satoshi’s idea was directly intended to create a form of digital cash that wasn’t controlled by banks. However, we do know that these digital currencies are here to stay.

Banking 249
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Blockchain: The Fall of Traditional Centralized Systems in Business & Finance

Smart Data Collective

In the year 2009, a man under the alias of Satoshi Nakamoto invented the first digital currency called bitcoin and initiated the use of blockchains. Following a financial crisis back in 2008, the world’s financial system was still recovering and undergoing massive changes. It will be revolutionary.

Finance 348
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How Financial Institutions Are Becoming Champions Of Big Data

Smart Data Collective

However, in the wake of the financial crash of 2008, lending has undergone tightening. New, digitally active customers are just as important as old-school clients who hold large deposits. According to Forbes, the five largest US banks have a combined loan portfolio of $3.8 Improving customer outcomes.

Big Data 253
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Blockchain Offers Huge Stability to Bitcoin Autotrading Apps

Smart Data Collective

A growing number of apps are being released to help people trade bitcoin and other digital coins as well. The blockchain was invented by Satoshi Nakamoto in 2008 to help make processing bitcoin transactions more secure. Before the advent of blockchain, digital coin transactions were fraught with security risks.

Banking 276
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Using Machine Learning to Improve Cryptocurrency Mining Profitability

Smart Data Collective

Satoshi Nakamoto introduced the world to bitcoin in 2008. Cryptocurrency is a digital asset similar to your money, except it operates entirely online. Many people speculated that the virtual currency would never gain traction and become extinct. What is Cryptocurrency?

Banking 338
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The Role of Blockchain When Buying Bitcoin in 2022

Smart Data Collective

Bitcoin has become very popular since its inception in 2008 and that is largely due to the power of blockchain. The blockchain has made trading bitcoin extremely secure, but you still need to protect your digital coins by securing your wallet and account. Bitcoin wallets allow you to keep your digital assets secure.

Banking 290