Blockchain for Business Series: Understanding Business and Technological Design Imperatives of Central Bank Digital Currency (CBDC)

Introduction: What is Central Bank Digital Currency (CBDC) and Why Is It Important? In this post we plan to expend some time and energy in understanding Central Bank Digital Currency or CBDC. While the notion of “Central Banks” implies centralized control and governance structure the term itself may be against the doctrine of decentralization which lays …

The Rise of Data Science and Artificial Intelligence in Health Care Industry: How It Saves Lives.

We had a virtual meet with Mr. Srinath Vallakirthy to understand how analytics is changing the game for patients.  Thanks to healthcare organizations’ innovative approaches. Can you walk us how data science/AI is revolutionizing in the healthcare Industry?  From improved diagnosis to timely detection of diseases, artificial intelligence has been making positive contributions towards the …

3D Bioprinting: Eradicating Transplantation Waiting Lists And Testing Drugs On Living Tissues

3D bioprinting might be the response for worldwide organ shortages, as well as to the increasing reluctance to test new cosmetic, chemical, and pharmaceutical products on animals. Do you believe that organs grown in laboratories only exist in sci-fi screenwriters’ heads? Do you think that 3D printing is only used for manufacturing phone cases and …

Data Science and Artificial Intelligence: The Life-Saving Technology That Will Transform Healthcare using actionable insights

Artificial Intelligence is called the new nervous system of the healthcare domain. Application of Artificial Intelligence in Health information comprises of training databases for health data, medical data exchange clinical decision support system, creation, and use of knowledge. Medical data and healthcare statistics have now evolved as a separate domain called Health Informatics. Technology aids …

Should a retail #CBDC infrastructure be based on #DLT or conventional technology? And should it involve digital #tokens inspired by #cryptocurrencies?

The below graph maps out the possible combinations.  Conventional database often achieve hashtag#resilience by storing data over multiple physical nodes, but all are controlled by a top node. By contrast, in many DLT-based systems, the ledger is jointly managed by all nodes. The communication needed to achieve hashtag#consensus between these nodes is the main reason …

Voltron: Disrupting DoD Cybersecurity With Artificial Intelligence

There is no greater maxim than speed is decisive in war. However, cyber warfare today is a mostly manual process. Humans scour code to find vulnerabilities and fix problems with patches. Humans evaluate whether a patch will maintain overall system functionality, and whether a patch is performant. Human attackers exploit unpatched systems or vulnerabilities that, …

A bank financing the 21st century economy must act as an accelerator of the energy transition

Since the international community became acutely aware of the need for urgent action to limit global warming, and 195 countries signed up to the Paris Agreement in 2016, the world has embarked on a process of transition towards low-carbon energy. Switching from a high-energy-consuming economic system to a less energy-intensive, more sustainable model will require a balancing …