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

Smart Data Collective

One of the biggest industries that has been affected has been finance. The change that seems most prevailing in terms of technological advancement is in business and finance to kickstart this revolution. The most prominent advancements being business and finance. Bitcoin has been very important for many businesses.

Finance 348
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Developments in AI and IMF Positions Can Make Bitcoin Legally Tender

Smart Data Collective

In a blog post published in March 2018, the IMF explained that “Bitcoin is not legal tender in any jurisdiction.” When it comes to Bitcoin’s legal tender status, the International Monetary Fund (IMF) has been clear: it doesn’t consider Bitcoin to be legal tender.

Banking 317
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Business Analysis Trends [2025 Update]

Passionate BA

In 2024, only 43 people received IIBA-AAC certification, according to the IIBA Directory – the one introduced by IIBA in 2018. Unlike careers such as engineering or finance, which benefit from established academic programs globally, Business Analysis lacks a structured educational pathway.

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Big Data Leads to the Possibility of a Cashless Society

Smart Data Collective

That rose to 19% by 2018. Big data has brought many changes to the future of finance. The proportion of payments being made by contactless “tap and go” technology has rocketed in the UK during the last few years. Big data technology has made it possible for companies to offer these services.

Big Data 299
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AI is the Most Disruptive Marketing Trend Since the Printing Press

Smart Data Collective

There are many benefits to industries that implement AI; healthcare, finance, communications, retailers, and even art companies are making use of the technology. To put that in perspective, at the end of 2018, there were 2.5 Voice recognition.

Retail 285
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How Genetic Algorithms and Machine Learning Apply to Investments

Smart Data Collective

This is according to Barclay Hedge founder and President Sol Waksman in his July 2018 statement. “Most of the hedge fund managers surveyed are leveraging advanced algorithms and human judgment to deliver smarter investment decisions.” Perform quantitative analysis. Machine learning has done a lot to help them improve financial trading.

Finance 331
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Cyber Fraud Statistics & Preventions to Prevent Data Breaches in 2021

Smart Data Collective

No matter what the malicious activity is, at the core most cybercrime is finance-driven. rose from 38 million in 2016 to over 50 million in 2018. New types of sophisticated cybercrime are emerging every now and then. But there is nothing that a strategic approach cannot resolve. rose to more than 63 million.