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How Big Data Impacts The Finance And Banking Industries

Smart Data Collective

These terms are fundamentally tied predominantly to matters involving digital transformation as well as growth in companies. A 2013 survey conducted by the IBM’s Institute of Business Value and the University of Oxford showed that 71% of the financial service firms had already adopted analytics and big data.

Banking 363
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Pros and Cons of Buying Cryptocurrency with Blockchain ATMs

Smart Data Collective

Introduced in 2013 , Bitcoin Teller Machines (BTMs) are getting increasingly adopted, and the amount of their physical placements is expected to increase dramatically in the near future. Below are the primary advantages of using a Bitcoin ATM to sell or buy digital money. Also called Bitcoin ATMs, BTMs resemble the standard bank ATM.

Banking 328
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These Bitcoin Platforms Are Using Big Data To Redefine Cryptotrading

Smart Data Collective

The easiest way to get bitcoin and start trading cryptocurrency is to find a digital currency exchange. Binance has risen in prominence over a very short time and is now the largest digital currency exchange on the market. This London-based firm is another digital currency exchange with heaps of experience.

Big Data 278
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Can Predictive Analytics Help Traders Navigate Bitcoin’s Volatility?

Smart Data Collective

While the digital currency has seen its fair share of ups and downs, its overall trend has been positive, with prices steadily climbing since its inception. This has led to some people losing faith in the digital currency, causing them to sell their holdings, leading to further price drops.

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Big Data Platforms Assist with Spreading Health and Safety Awareness

Smart Data Collective

Workplace health and safety is now embracing digital platforms to reach workers across industries. How can digital platforms raise awareness about health and safety? Fortunately, as more companies discover the opportunities to use big data to spread these messages, it is becoming a lot easier.

Big Data 282
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The Complex Reality of Personal Data In The Credit Card Industry

Smart Data Collective

It’s no secret we live in a digital world! We now live in a world where a person has a unique digital footprint, for which they bear some responsibility. MasterCard announced the use of big data to help consumers more back in 2013. What many people fail to recognize, though, is just what that means for individual safety.

Retail 286
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Drug Discovery Needs AI To Discover More Treatments

Smart Data Collective

In a report on the failure rates of drug discovery efforts between 2013 and 2015, Richard K. The difference is, AI is orders of magnitude more efficient at hunting through the endless combinations and studying them in realistic digital models. Unfortunately, a substantial number of clinical trials fails in these two Phases.