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Developments in AI and IMF Positions Can Make Bitcoin Legally Tender

Smart Data Collective

We have discussed some of the benefits of AI technology in mainstream financial sectors like banking. Before we get into the details of the potential benefits of AI in the bitcoin market, we would like to explore the new position of the IMF. In July 2014, the IMF itself recognized Bitcoin as a “convertible virtual currency.”

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Stablecoins: Solving the cryptocurrency volatility crisis

O'Reilly on Data

Stablecoins have the opportunity to reap the benefits of cryptocurrencies while mitigating price volatility to acceptable levels. Smart contracts can run at cost without intermediaries carving out high margins, a paradigm similar to well-run public utilities. Value opportunity: Open platforms. Stablecoin history.

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The Java migration imperative: Why your business should upgrade now

CIO Business Intelligence

However, to truly take advantage of modern Java, apps built for the ecosystem must be constantly maintained to maximize performance and minimize exposure to risks and security vulnerabilities. Generally, as vulnerabilities are identified in any software or programming languages, patches are issued to plug the hole and mitigate risk.

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5 tips for switching to skills-based hiring

CIO Business Intelligence

There are several proven benefits to a skills-based hiring approach, including reduced mis-hires (97%), reduced cost-to-hire (84%), reduced time-to-hire (86%), improved retention (91%), and improved diversity (93%). And it seems companies are getting the hint.

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12 famous ERP disasters, dustups and disappointments

CIO Business Intelligence

While we weren’t naïve to the risk of disruption to the business, the extent and magnitude was greater than we anticipated.” The company was forced to develop new processes to keep information flowing around the business, and hire a third-party consultant to sort out the ERP system at a cost of $3.8 million in implementation costs.

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What is ITIL? Your guide to the IT Infrastructure Library

CIO Business Intelligence

ITIL’s systematic approach to IT service management (ITSM) can help businesses manage risk, strengthen customer relations, establish cost-effective practices, and build a stable IT environment that allows for growth, scale, and change. For more information on the benefits of the latest version of ITIL, see “ ITIL 4: ITSM gets agile.”.

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Big Data Is Already A Thing Of The Past: Welcome To Big Data AI

Smart Data Collective

Aiding With Risk Assessments. Companies work in the risk assessment realm when representatives decide whether to offer insurance or loans to clients. Some big data AI companies assist underwriters with making risk assessment decisions. In 2014, Cloudera and Hortonworks had much-hyped IPOs. billion merger with Cloudera.

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