Nikolasperrault - Nikolas Perrault

Top 10 #DigitalTransformation Trends for 2018 and Beyond: 1. #AI 2. #IoT 3. Advanced #analytics 4. #Cloud adoption 5. #AR 6. #5G technology 7. #Mobile enablement 8. #EdgeComputing 9. #Blockchain 10. Remote workspace upvotes.co

Clean Energy Created By Nikola Tesla Sent Through Conducting Earth

In the photo above, Tesla is showing a transmitting circuit connected to earth and to an antenna. He shows how the transmitter produces two effects; Hertz waves, which pass through the air, and a current wave, which traverses the earth. The Hertz waves, which we use in radio and wireless technology today, propagate with the speed of light, and their energy is unrecoverable in the circuit because they eventually disperse and diminish with distance. The current wave on the other hand, proceeds through earth, first at infinite velocity, then gradually diminishing velocity until at a distance of about 6,000 miles (near a quarter of earth’s circumference, which is 24,900 miles) back down to the speed of light. From there on it will proceed with increasing velocity, reaching infinite value at the opposite point of the globe. Tesla established in numerous observations, experiments and measurements, both qualitative and quantitative, that these currents from his transmitter traveled around earth and back to his receiver at a mean velocity of 471,240 kilometers per second, or *292,814.96 miles per second*. That’s over 106,500 mph faster than light. In properly attuned receivers the energy of this current is recoverable in its entirety.

The Hertzian waves we use in today’s technology are 90% radiation and 10% current, while Tesla flips it and gets 95% current and only 5% radiation. This is clean, renewable energy at its finest. All Tesla needed was the hydro power coming from Niagara Falls to run this transmitter to bring cheap, wireless power to the world.

THE INFLUENCE OF DATA SCIENCE IN FINTECH

In the fast-paced digital era, where technological advancements continue to reshape industries, data science and fintech marriage has emerged as a powerful force driving innovation and transformation. This symbiotic relationship has revolutionized the financial sector and paved the way for unprecedented opportunities and efficiencies.

Unleashing the Power of Data

Data, often called the new oil, plays a pivotal role in Fintech. The financial industry generates vast data daily, from customer transactions and market movements to user interactions on digital platforms. With sophisticated algorithms and analytical tools, data science enables financial institutions to extract valuable insights from this sea of information.

By harnessing the power of predictive analytics, machine learning, and artificial intelligence, Fintech companies can make data-driven decisions with precision. These insights are instrumental in understanding customer behavior, identifying trends, and mitigating risks, ultimately fostering a more informed and responsive financial ecosystem.

Enhancing Customer Experiences

One of the primary impacts of data science on fintech is enhancing customer experiences. Through customer data analysis, Fintech companies can personalize services, recommend tailored financial products, and streamline user interfaces. This improves customer satisfaction and contributes to customer retention and loyalty.

For instance, predictive analytics can anticipate customer needs and preferences, allowing Fintech platforms to offer targeted and relevant services. This level of personalization not only makes financial services more user-friendly but also establishes a deeper connection between customers and their financial providers.

Risk Management and Fraud Prevention

In the financial industry, risk management is paramount. Data science equips fintech companies with advanced tools to assess and mitigate risks effectively. Machine learning algorithms can analyze historical data to identify patterns indicative of potential risks. This proactive approach allows for developing robust risk management strategies, reducing the likelihood of financial crises.

Moreover, fintech leverages data science in the fight against fraud. Advanced fraud detection systems use real-time data analysis to identify abnormal patterns and activities, enabling quick response and mitigation. This protects the financial institutions and enhances trust among customers who feel secure in their financial transactions.

Driving Financial Inclusion

Data science can potentially address longstanding challenges in the financial sector, particularly regarding financial inclusion. By leveraging alternative data sources and advanced analytics, fintech companies can assess the creditworthiness of individuals who may have been excluded from traditional banking systems.

This democratization of financial services ensures that a broader population has access to banking, loans, and other essential financial tools. In developing economies, where traditional banking infrastructure may be limited, Fintech powered by Data Science catalyzes economic empowerment and social progress.

Conclusion

The synergy between data science and fintech is reshaping the financial landscape, offering innovative solutions, improving efficiencies, and fostering financial inclusion. As technology continues to evolve, the influence of Data Science on Fintech is poised to grow, unraveling new possibilities and ensuring that the financial industry remains at the forefront of the digital revolution. This convergence benefits businesses and, more importantly, enhances the overall economic well-being of individuals and communities worldwide.

The Most Photographed Stone East of the Mississippi

Very near the Soudan Underground State Park administered by the Minnesota Department of Natural Resources is what some people call “the most photographed outcrop in the state.” This is a pavement outcrop of folded banded iron formation. The outcrop consists of metallic hematite, red jasper and white chert. These originally horizontal layers have been folded multiple times. In some areas, the jasper and chert have fractures filled with milky quartz.

via artificial intelligence - Google News