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BigData News Sunday, March 11 Blockchain technology, Blockchain technology adoption, Artificial intelligence & more…

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BigData News TLDR / Table of Contents

  • Blockchain in finance: How far we’ve come
    • One of the most exciting aspects of working on blockchain technology, is finding the opportunities available for me to influence so many things.
    • blockchain technology, blockchain technology adoption, advanced financial applications, major financial institution, message propagation algorithms
  • Why Are Some Bots Racist? Look at the Humans Who Taught Them.
    • Here are a few things we can do about human biases in machine learning.
    • artificial intelligence, AI, unjust human biases, racist tweets, Elon Musk
  • Using Blockchain to Secure the “Internet of Things”
    • Latest news and features on science issues that matter including earth, environment, and space. Get your science news from the most trusted source!
    • security software updates, smaller internet-enabled devices, internet-connected devices, internet routing company, big technology companies

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Blockchain in finance: How far we’ve come

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  • But what do I mean about financial applications, and what does blockchain technology have to do with evolving them?
  • For the past three years prior to IBM, I was focused on influencing the direction of blockchain technology adoption while working for a major financial institution.
  • The basic goal was to see how the concepts of crypto-signed transactions that modify data in a state machine also known as blockchain technology can be applied to existing banking systems and processesin order to reduce the costs of manual reconciliation and increase the quality of theclients user experience.
  • Learn more about blockchain for financial services – – As research and experimentation has progressed,Ive been able to understand at a significantlevel of detail the requirements for fundamental banking operations as they exist today, and how those operations can be made more efficient using blockchain technology.
  • In my next blog post, I discuss my research on the future financial products that will use blockchain technology.

[/vc_column_text][vc_column_text el_class=”topfeed-tags”]Tags: blockchain technology, blockchain technology adoption, advanced financial applications, major financial institution, message propagation algorithms[/vc_column_text][/vc_column][vc_column width=”1/2″][vc_separator][vc_column_text el_class=”topfeed-tweet”]

[/vc_column_text][vc_column_text el_class=”topfeed-embedly”]Blockchain in finance: How far we’ve come – Blockchain Unleashed: IBM Blockchain Blog[/vc_column_text][/vc_column][/vc_row][vc_row el_id=”Why-Are-Some-Bots-Racist-Look-at-the-Humans-Who-Taught-Them-“][vc_column width=”1/2”][vc_separator][vc_column_text]

Why Are Some Bots Racist? Look at the Humans Who Taught Them.

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  • Here are a few things we can do about human biases in machine learning.
  • We have found instead that the data scientists who create these algorithms have their own unconscious biases, which are subtly filtered down inside of the algorithms and act on these predispositions.
  • Related: Artificial Intelligence Is Likely to Make a Career in Finance, Medicine or Law a Lot Less Lucrative – – We can see this bias at play when we use Google to search for images of CEOs, with significantly more white males appearing than women or minorities, and search results…
  • Related: A Humanoid Robot Called Sophia Mocked Elon Musk After Being Asked About the Dangers of AI – – The most straightforward solution, it seems, would be to train programmers so that they do not unintentionally write codeor use data that is biased.
  • For example, if an organization has traditionally hired male CEOs, a bot trained to find future CEOs would look at the past for likely candidates, based upon real data that indicates that previous CEOs were male.

[/vc_column_text][vc_column_text el_class=”topfeed-tags”]Tags: artificial intelligence, AI, unjust human biases, racist tweets, Elon Musk[/vc_column_text][/vc_column][vc_column width=”1/2″][vc_separator][vc_column_text el_class=”topfeed-tweet”]

[/vc_column_text][vc_column_text el_class=”topfeed-embedly”]Why Are Some Bots Racist? Look at the Humans Who Taught Them.[/vc_column_text][/vc_column][/vc_row][vc_row el_id=”Using-Blockchain-to-Secure-the-Internet-of-Things-“][vc_column width=”1/2”][vc_separator][vc_column_text]

Using Blockchain to Secure the “Internet of Things”

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  • Today, many smart internet-connected devices are made by large companies with well-known brand names, like Google, Apple, Microsoft and Samsung, which have both the technological systems and the marketing incentive to fix any security problems quickly.
  • Those devicesand their digital brainsare typically made by unknown companies, many in developing countries, without the funds or abilityor the brand-recognition needto incorporate strong security features.
  • The solution to this problem, in my view as a scholar ofinternet of things technology,blockchain systemsandcybersecurity, could be a new way of tracking and distributing security software updates using blockchains.
  • Im not the only person suggesting using blockchain systems toimprove internet-connected devices security.
  • And blockchain innovators will continue to find better ways, making it even easier for billions of internet of things devices to check in and update their security automatically.

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[/vc_column_text][vc_column_text el_class=”topfeed-embedly”]Using Blockchain to Secure the “Internet of Things” – Scientific American[/vc_column_text][/vc_column][/vc_row]