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Showing posts from October, 2017

Government of Karnataka inks MoU with Microsoft to use AI for digital agriculture

Bengaluru, 27 th October 2017: The Government of Karnataka today announced the signing of a Memorandum of Understanding (MoU) with Microsoft Corporation India Private Limited. The collaboration intends to empower smallholder farmers with technology-oriented solutions that will help them increase income using ground-breaking, cloud-based technologies, machine learning and advanced analytics. The MoU will experiment with the Karnataka Agricultural Price Commission (KAPC), Department of Agriculture to help improve price forecasting practices to benefit farmers.  Microsoft with guidance from KAPC is attempting to develop a multi-variant agricultural commodity price forecasting model considering the following datasets – historical sowing area, production, yield, weather datasets and other related datasets as relevant. For this season, Tur crop has been identified for this prediction model. The MoU is also aimed at using digital tools that have the potential to deliver cutting edge innov

PR: Poly AI – Artificial Intelligence Base on Blockchain Project

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. INTRODUCTION Artificial Intelligence has changed our lives almost entirely by improving human’s health, safety and… Unlike in movies, there’s no flying robots up in the skies. And while the use of AI must be accepted and solved, their bigger potential, beside others such as safe driving, help children with their learning, open and upgrade people’s lives. In reality, helpful applications of AI in schools, houses and hospitals, have developed massively. Universities create divisions to study AI, and technology companies like Apple, Facebook, Google, IBM, Microsoft spend a lot to find different usages of AI which they suppose important to their future. Furthermore, Hollywood also uses

PR: Appian Decentralized Application Creator- the Secret to Making Big Money with Crypto

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. From stories of 10,000 Bitcoin pizzas, to people buying Lambos with Bitcoin: have you wondered how crypto millionaires ever got so rich? It’s because they bought in at low prices before everyone found out about it. Back in 2012, Bitcoin was worth only $10. At the time of writing this it was around $6100. That’s a 600x return on your money. If you only put in $1000, that would be worth over $600k today. A small initial sum could have made you millions in the long run. These cryptos are quite expensive now, and investors don’t expect 600x returns anymore on the major cryptos like Bitcoin and Ethereum. Without a doubt, the hottest crypto right now is Ethereum. It was worth $10 last ye

Kazakhstan Set to Launch National Cryptocurrency Backed by Fiat

Kazakhstan’s Astana International Financial Center (AIFC) and Exante have announced a partnership regarding the development of a national cryptocurrency. The Kazakhstan government intends to launch a state-issued cryptocurrency that is backed by fiat. Also Read:  Kazakhstan Seeks to Become Regional Hub for Cryptocurrency Industry The AIFC has announced a partnership with Exante, in which the company’s ‘Stasis’ platform will be used as the foundation for Kazakhstan’s national cryptocurrency. Exante is a Malta-based investment company that that was founded in 2011. The governor of the AIFC, Kairat Kelimbetov, has expressed the institution’s belief that “blockchain and cryptocurrencies are entering the mainstream of today’s economic reality.” Kelimbetov emphasized the AIFC’s desire to become an international frontrunner in the development and adoption of distributed ledger technology. “Astana’s leading financial regulators have already commenced their work and are laying the foundati

PR: Top-50 Fintech Company, Bankex, Launches Token Presale

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. After raising $8 million USD in its private sale period, BANKEX launched its presale on October 8, 2017 BANKEX , the decentralized Bank-as-a-service (BaaS) exchange, has raised $8 million USD in soft and hard commitments as part of its private presale, launched on October 5. Expected to raise 65 000 to 130 000 ETH, the public presale allows participants to use both Ethereum and Bitcoin to partake in the sale. One prominent partner in the private presale includes Soramitsu, a blockchain technology company based in Japan that creates services to help governments and financial institutions manage digital identities, assets, and contracts. Soramitsu is a member of Hyperledger and the o

Microsoft enables Wipro to host several key business-critical enterprise applications on Azure

New Delhi, October 12, 2017: Microsoft today announced that Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company has migrated its IT Infrastructure to Microsoft Cloud and is hosting a majority of its business-critical enterprise applications on Azure. Microsoft worked closely with Wipro to ensure the streamlining of key aspects such as access, performance, availability and latency from the cloud data centers to provide a seamless any time any device experience to users, across geographies. Wipro runs its core applications from the Microsoft Azure datacenter. This includes critical enterprise, business and employee self-service applications for its workforce, who access these applications across countries. Migrating to Microsoft Azure has given Wipro elasticity on its infrastructure, as well as boosted efficiencies related to data center footprint, standardized business processes, best-in-class te

Microsoft Azure becomes the cloud of choice for Marico; helps increase data processing speed by over 150%

New Delhi, October 4, 2017: Marico Limited, India’s leading consumer products company in the wellness and beauty space, has recently adopted Microsoft Azure SQL Data Warehouse to improve their business productivity. The adoption of the fully-managed, highly-elastic, petabyte-scale, warehouse-as-a-service cloud-based relational database has helped Marico increase their data processing speed by over 150%. In the FMCG space, the volume of data being generated fluctuates greatly during certain periods, especially the month beginning and ends or during season and festival time. This puts unforeseen burden on the existing IT infrastructure in managing the data flux. The window for extraction, transformation and loading of huge amount of data is limited to a few hours. This deployment has freed Marico from regular hardware refresh owing to data volume variability, and provided the flexibility of scale-up or scale-down on demand. They now have an end-to-end data solution (database, data war