A few days ago, The Merkle ran a story that R3CEV, the largest blockchain consortium of banks and technology firms, admitted that the technology they are developing does not use a blockchain and as such they admitted defeat. A day before that article, R3CEV released a story about when a blockchain is not a blockchain to explain that what the R3 partnership is developing is … [Read more...] about What’s in a Name; 7 Blockchain Benefits for the Finance Industry
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Small Businesses are Quickly Adapting as Big Data is Becoming More User Friendly
While businesses of all sizes have challenges to overcome, small businesses often deal with growing pains. It can be hard to keep an operation profitable, especially when resources are limited. Most small-business managers want to concentrate on only the most vital aspects of their organization. Though certain things in the world of business were once reserved for only the … [Read more...] about Small Businesses are Quickly Adapting as Big Data is Becoming More User Friendly
Three Unexpected Benefits Big Data Offers Small Companies
With everything written about Big Data, it might seem that Big Data is only really relevant for large corporations who have massive amounts of data, have access to multiple data sources and have the time and money to develop a Big Data strategy. While it is indeed the case that still primarily large corporations are working with Big Data, Big Data also offers significant … [Read more...] about Three Unexpected Benefits Big Data Offers Small Companies
Six Ways How Big Data Is Benefitting Consumers
Big data is widely known as a resource that can help businesses. Companies use swaths of data to analyze their performances, better understand their customers, improve their efficiencies, and ultimately make more profit. Accordingly, big data can be seen as a cold, corporate tool designed to exploit consumers or increase already-high corporate profits. However, big data is also … [Read more...] about Six Ways How Big Data Is Benefitting Consumers
5 Ways How Businesses and Consumers can both Reap Rewards of Big Data
A companys data is commonly considered one of their most important assets, provided it is managed effectively. If data is mismanaged, it will either grow into a business liability, or at the very least, a company will not perform as well as it could have if its information was: Captured and input properly, with effective spelling and consistent formatting Classified and … [Read more...] about 5 Ways How Businesses and Consumers can both Reap Rewards of Big Data
