by Anika D | Dec 29, 2021 | Blockchain, Business
An increasing number of women are claiming the space around blockchain technology, NFTs and cryptocurrency. This promises to be an exciting prospect as technology and finance are male-dominated fields.
As Bitcoin has reached record highs in recent years, one cannot help but note that the younger generations seem more invested. This also presents a chance for women to stop being underrepresented in digital spaces.
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This does not have to stand when you consider financial avenues provided by Bitcoin as an investment. Using blockchain technology and cryptocurrency can address issues ranging from digital education for girls in under-developed countries to wealth gap inequalities.
What are Blockchain Technology, NFTs, and Cryptocurrency?
Blockchain is a public digital ledger that records financial transactions in ‘blocks.’ Each block is a time-stamped encrypted file with data on the previous trade. With every additional transaction, they form a chain of blocks. The best use for blockchain technology is as an anti-corruption tool.
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Cryptocurrencies are the main components of digital payments systems. It enables peers to make and receive payments. The decentralization element is that banks don’t keep records of these transactions. It gets recorded in a public ledger.
Non-Fungible Tokens (NFTs) are unique non-interchangeable data stored in a block. It is proof that you have ownership of a digital or physical asset. Users can copyright the investment, buy or sell them.
This technology is revolutionizing the way you can keep assets and presents a unique opportunity for vulnerable populations to invest or sell their art. Thanks to decentralization, it provides a fairer, inclusive, and more resilient path to financial security for women.
Creating Space For Women In The Cryptocurrency World
More than two-thirds of U.S. cryptocurrency investors are men. About 60% are white, and according to a recent survey by CNBC and Acorn, the gender gap is wider than in other financial investments such as stocks, bonds, and mutual funds.
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Cryptocurrencies and NFTs provide a once-in-a-lifetime opportunity to bridge the gender gap in a newly expanding horizon. In addition, with Cryptocurrency going mainstream, it’s crucial to have the input of women and diverse actors to create a better future for crypto and NFTs.
When you consider the long-term implications of blockchain technology, you need to glean if cryptocurrency is a good investment for your portfolio. If not, an investment in NFTs might be on the cards.
If so, then women may lead the cryptocurrency community. A recent study found that female investors tend to be more analytical and carry thorough risk assessments with their investments. This is only beneficial in the volatile markets provided by cryptocurrency.
Blockchain technology and cryptocurrency thrive in communities, which benefit from women’s skillset in helping them grow and develop. Moreover, it creates a forum for women to take the initiative and lead the way. This will address the skewed balance of the blockchain ecosystem. In addition, the impact of the blockchain will ripple out to other industries, which will benefit from having women at the helm.
by Anika D | Dec 27, 2021 | Information Technology
Staff Augmentation is the process where you hire extra staff to help you work on ongoing projects. They’re typically for short durations and involve outsourcing tasks requiring different expertise. With staff augmentation, you can expand your team with the skill sets needed for the project but need to hire for. If the project needs specialized skills or is significant and needs extra manpower.
With Staff Augmentation, you can hire staff to address distinct tasks required by the company. They can help in the growth of the business by increasing the efficiency of employees and bringing down project costs.
How Staff Augmentation Can Help Grow Your IT Business
According to Bloomberg, nearly 54% of companies experience talent shortages. Staff Augmentation is a recruitment practice like body shopping or staffing to help find talented employees for project completion. Let’s explore the various benefits accrued to your business due to this practice.
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Capability Augmentation: When a project calls for a skilled specialist, you can hire them short-term until your project is complete.
Address Labor Shortages: if you’re experiencing an increase in your project workload and need more people quickly, staff augmentation can help. There are benefits of IT staff augmentation in particular.
Cost-Effective Recruitment: Instead of spending time and money hiring employees, you can simply find a skilled professional for the task. In addition, building a relationship with an experienced consultant can allow you to tap into their skills in the future as well.
Operational Costs Reduced: A remote working project-based employee is less expensive to the company than onboarding on-site, full-time employees. Administrative expenses like vacation, medical leave, and insurance can also be reduced.
No Geo-Restrictions: With staff augmentation, you can tap into a wider pool of talented candidates for your projects. This allows you to prioritize candidates who fit the profile over candidates close by.
These were some of the benefits of staff augmentation that a company can expect.
Difference Between Staff Augmentation And Outsourcing
Staff Augmentation is where you add resources like additional staff to your existing IT team to help them complete the project on time. IT project outsourcing is where you outsource the entire project to an external unit or company. What the difference boils down to is who takes responsibility.
Moreover, with staff augmentation, the in-house team is responsible for the project’s timely completion or any difficulties. In addition, the outsourcing company is held answerable for project management with project outsourcing.
Difference Between Staff Augmentation And Managed Services
With the managed services model, companies are provided a particular ‘Output’ at a specific price. With staff augmentation, the onus is on the employee to provide quality ‘input’ to the project. Moreover, the managed services are geared towards giving expertise with expediency. Also, staff augmentation focuses on providing support in the professional’s capacity required in the project.
Staff Augmentation aids in the efficient utilization of technical competence. It serves as a valuable link for bringing together expertise for specific projects. It’s how staff augmentation can grow your IT business.
by Anika D | Dec 23, 2021 | General
The dream of self-driving cars has turned to reality with autonomous vehicles. As a result, many companies will take technology to the next level as they plan to launch flawless self-driving machines.
Thus, these companies are witnessing increased stocks and all the love from their admirers. So, keep reading to check out everything about this trending technology.
What is Autonomous Driving?
The latest cars are equipped with sensors, cameras, and AI, which aids the driver and decreases the driving load. However, autonomous driving is driving without a human driver.
How Does Autonomous Cars Work?
The tech involved in the cars are sensors, algorithms, machine learning, artificial intelligence, actuators, and powerful software. Moreover, the sensors play a vital role in creating a map of the location. Radar sensors look for obstructions. The cameras identify signals, pedestrians, and any hindrance.
The softwares instructs all the control of acceleration and driving techniques. All the complex technology comes together to create safe and secure driving. In addition, the industrial internet of things in the automotive industry helps better connectivity and lets the car stay updated.
The Benefits of Autonomous Cars
There are some beneficial advantages of self-driving cars. Let’s have a look.
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- It will reduce accidents and collisions as the technology is backed up with amazing quick sensors and cameras.
- It will increase productivity as everyone can save the driving times, traffic jams to utilize it efficiently. So it will keep the driving, parking and lots of time and increase productivity.
- They are environment friendly as the technology mainly supports electricity as power. This will be a game-changer as it will cut significant carbon emissions.
What to Expect From Self Driving Vehicles?
The 5G future-changing emerging technologies with AI, best hardware, and software will change driving dynamics. Some top companies which are exploring the field are :
Tesla
The top in this list is Tesla; the company claims a self-driving car on the road in the coming years. In addition, the name is colossal in terms of the best technology and science.
Pony.ai
It’s a leading startup company providing solutions and enhancing artificial intelligence. Moreover, it plans to bring the first generation of self-driving cars by practical engineering, AI, and software.
Waymo
It’s powered by tech epitome Goggle itself, its leading venture among autonomous car firms. In addition, they are developing self-driving automobile technology. The project is called the Google autonomous automobile project. Moreover, Waymo is bringing autonomous cars to New York city for mapping through manual driving. The company is trying and testing the technology.
Apple
Apple, in 2016, invested in machine learning and automation. In addition, they announced the venture of self-driving cars. But today, Apple has the third-largest fleet for testing self-driving vehicles.
Bottom Line
The vehicles will have all six levels of vehicle automation and are expected to be on roads by 2025. Moreover, autonomous driving with the best tech, advantages, and leading companies will shortly set foot on the roads. Also, after sufficient tests and trials, the technology will become quite potent to rule and change the dimensions of driving.
by Anika D | Dec 21, 2021 | Business, Emerging Technology
The Robotic Automation Process is a technology that indulges intangible software Bots in making the tasks easy for humanity. Businesses are turning to all new Robotic Automation for saving time and increasing efficiency.
The all-new technology is a lifesaver, and many companies are investing in the platform. As a result, you may have some queries about this new technology. Fortunately, you have come to the right place as you will learn all about this future trending technology.
What is Robotic Process Automation
The Robotic Automation Process has software programs, generally called Bots which mimics human behavior partially or entirely. It can perform data entries, repetitive tasks, calculations, log into the application and interact with other software.
The technology becomes more potent when combined with Artificial intelligence and Machine learning. The RPA is process-related, and AI is data-related. Artificial Intelligence is everywhere and it backs up RPA to make it more complex and advanced.
Robotic Process Automation and its Benefits in Business
The technology is a blessing to the business as it simply cuts the monotonous work. The skilled professionals can divert their efforts to the company’s primary goals. It’s a blessing in disguise, and as technology advances, it will become more flawless. So let’s look at how the RPA is benefitting the business.
Cost Saving
The RPA is a very cost-effective technology, which is reasonable and handy. Also, it indirectly reduces all the repetitive tasks and exponentially increases the business’s revenue.
Higher Customer Satisfaction
Companies with the best customer service are most successful and reliable. That virtue makes them unstoppable. So, One of the most significant advantages of Bots is they can talk to customers 24* 7 by chat boxes.
They are designed and programmed to reply at once and quickly solve fundamental problems. The RPA can transfer more complex problems to skilled human professionals. But, many of the issues are ruled out by the software bots.
Higher Accuracy
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The RPA and software bots are designed to perform on physical and virtual machines. The accuracy is unmatchable. It can work non-stop without causing any errors. The RPA can flawlessly do data entry, calculations, file exports, and imports.
Enables Employees to be More Productive
This technology lets the business forget the formalities of minor tasks and allows them to focus on primary goals. For example, there is always a thought in employees’ minds about all the tasks and deadlines. Moreover, you can skip all these as RPA can perform all the minor tasks. Also, the RPA helps deal with labor shortages because of the pandemic as it can work independently.
Fewer Technicalities
There is significantly less coding in RPA, which lets non-professional staff operate it. In addition, there are simple drag and click options. Essential learning of computers and programming is sufficient. You can use the technology effortlessly. The software development trends of 2021 have made it possible to make such technology so effortless.
Bottom Line
The latest and trending Robotic Process Automation is a game-changer for any company. Its advancement will significantly lead to accuracy, less human burden, and fast work. It will only benefit the industries.
by Anika D | Dec 16, 2021 | General
A smartwatch by Google, how fantastic is that? With Fitbit already on their court, rumour has it that Google is all set to launch their smartwatch in the upcoming year. The year 2022 will (most probably) mark the release of the Pixel Watch.
The claims of the Pixel Watch are nothing new! It has been the talk of the town for years. But the speculations were denied by Google. Now that it’s in the news again, let’s check out some of the details about Google’s (possible) first smartwatch as per the leaks.
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Spring is the Month!
If things go as per the rumours, the Pixel watch may launch by the spring season in 2022. This information was revealed by Insider. While the chances are of a spring release, the dates may vary as per internal testing.
Possibly, we may witness a Pixel Watch release at the I/O conference, Google’s biggest event of the year. I/O conference happens around May. In this event, Google announces all their new launches. So, this year, the Pixel watch may be their product!
Round Pixel Watch
About the Pixel watch shape, rumour has it that Google Pixel may have a basic circular shape. The appearance may be somewhat similar to the Samsung Galaxy Watch 4. These details were manifested as per the leaked pictures by YouTuber Jon Prosser. Earlier, he also showed renderings of the watch as per the leaked images that he got from a source. The reports by Insider also say that we may also get additional features like changeable bands.
Possible Varieties
In 2018, a tech blog Winfuture speculated that Google might release multiple watches versions. Three, to be exact! However, the traits that differentiate these watches from each other are still unknown. They may differ as per size or any other feature like cellular connectivity. So besides the best 5G phones, these varieties may become the new talk of the town for their variation.
Health Tracking Features
Like most smartwatches, the Pixel watch may have basic health tracking features. Yes, the ones where you can track daily step counting, heart rate, and more. They may follow the software development trends to develop something innovative in health features.
They may also incorporate features from their other technologies to the Pixel watch. For example, the watch may have the detection feature of Google Nest Hub 2 for monitoring breathing and snoring at night. But again, advanced features may come with a subscription or premium version. You never know!
Battery and Running Platform
The battery life of the Pixel watch may have a lasting potential of one day. However, this means the watch may require a daily battery recharge. Similarly, Pixel Watch may run on Wear OS, their new platform launched along with Samsung at Google I/O 2021. This will ensure better performance, user interface, and integration with Google services.
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Conclusion
So these were some of the sneak-peaks of Pixel watch as per the rumours. If Google comes up with their new watch, it will undoubtedly be amazing and feature-rich. While these are just the conjectures, let’s see what we get.
