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With cryptocurrencies, financial power is now transferred from the government and big banks to individuals. Blockchain technology is also democratizing artificial intelligence. Soon, every business will be able to offer personalized recommendations that giant retail companies like Amazon specialize in.

Imagine, for example, walking into a neighborhood store for the first time and discounts on items you don’t yet have that fit your taste and size appear instantly.

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This is the intuitive experience that artificial intelligence promises us.. The challenge for small businesses isn’t the costs of AI systems – AI systems are getting cheaper and more accessible.. The problem is accessing sufficient quality data about customers to contribute to these systems.. Some retailers have access to their customers’ data through multiple channels and hardware, often through a third party.. However, the behavioral data they have does not provide enough information about the products customers want to buy.. What’s more, many retailers are only able to keep a small portion of the products customers buy, which is hardly enough for AI systems to work properly.

So blockchain technology could revolutionize the field.. The key point of this technology is that the database is open and decentralized, yet it has serious foundations in terms of privacy.. Buyers can authorize the stores they shop from to store their purchase data in a blockchain ledger, thus protecting the privacy of both consumers and sellers.

For example, a shoe boutique with only a few branches and an e-commerce site will never it won’t have the volume that offers the most choice at the lowest prices, but it will be able to win over a group of customers who value products from small but high-quality manufacturers. Don’t you want a pair of red shoes?” It is very difficult for boutique customers to compete with artificial intelligence technology.. (There are many other clever uses for this personalizing technology that are hard to detect.)

If a blockchain ledger were to record all of a consumer’s purchases, a shoe boutique would have a pair of matching outfits, even if the outfit was bought from another store. could recommend the shoe to his customers via email. And in a real shop, a salesperson can scan an app on the customer’s phone to see the customer’s current outfits and show the most suitable items to match that outfit.

Pretty nice.. But when we live in a world where all data is exploited for malicious purposes, as in the case of Facebook, why should we trust a huge database of products that everyone buys?

Because blockchain technology is turning the balance of power, allowing customers – not businesses – to control.

Each consumer can authorize the inclusion of the data of the product they buy into the blockchain.. And each consumer can control access to the digital key that makes this data visible to other users.. In fact, retailers will never have direct access to this data, but using them AI engines will be able to temporarily access consumers’ profiles and purchase history, then match this data with items in the seller’s inventory to provide better product recommendations in real time.. When you want to allow access to your data for a more personalized recommendation, you can do so. Otherwise, your data is confidential.

Moving to comprehensive databases maintained by consumers rather than fragmented databases collected by individual vendors will result in more data being available for recommendation and other predictive marketing systems.. This will result in a remarkable improvement in the accuracy of recommendations.

This type of consumer-centric system also creates a data stream for machine-learning systems: the ultimate feedback loop. Consumers will be able to more easily determine whether recommendations are valuable, thus providing feedback to the system, increasing the accuracy of recommendations. Of course, individual retail systems are already getting feedback right now, but more data will be available with the blockchain approach.

Blockchain databases have another use for artificial intelligence applications.. Blockchains are immutable, they are fixed. Thus, artificial intelligence models will be able to safely access the source of each data.. If a data turns out to be unreliable, the source of that data can be traced and deleted.

With blockchain, we are entering a new era of using much more useful artificial intelligence systems.. Industries will make our lives richer, safer and more convenient by contributing to the development of artificial intelligence systems.

VentureBeat

Bitcoin’s growth is not just on the internet. Roma Gypsies are using the popularity of Bitcoin to defraud people in Obninsk, Russia, to get a few rubles in their pockets.

Gypsies were selling Bitcoin in front of a large local store, deceiving people as “these are the physical form of Bitcoin.”

Bitcoin Is Going Cheap

It was realized that this was a scam, but it was only after an Obninsk native warned people on social media.

This incident is “Bitcoin’s popularity is increasing and Bitcoin is growing. We can interpret it as “it is spreading everywhere”. But unfortunately, it should not be forgotten that even though people are spreading Bitcoin, people still do not know what it is.. They are obviously unaware, they are trying to buy tangible Bitcoins…

Message from the lady who warned people on social media:

“Respectable looking gypsies are selling Bitcoin in front of the store on Aksenov Street. My wife bought 2 Bitcoins for 1000 Rubles, came home and it was fake. Now there’s no way to sell them back.”

Considering that 1000 Rubles is worth around $62, the gentleman bought Bitcoin at a very affordable price…

A Bit of Consolation

Gypsies deceiving people say that Bitcoin is on the rise and not going down anytime soon – that’s not really a lie – and they tell people that an investment of 1,000 Rubles could turn into thousands of rubles.

Gypsies sell physical There is an image reminiscent of a circuit board on the background of the coins and the Bitcoin logo is printed on this circuit board.. Of course, these are not so important, because they are physical, they do not carry much value.

Even though they do not carry much value, they are still ornaments, etc.. can be used for purposes such as. One of the social media people said that they can sell 2 physical Bitcoins they bought as a double advice, which lost 1000 Rubles, over the internet for about 300 Rubles (approximately 20 ₺).

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Malaysian Central Bank Considers Banning Cryptocurrencies

Malaysian Central Bank governor said two days ago about the upcoming regulation that the idea of ​​ban has not disappeared.

Speaking at the financial crimes conference in Kuala Lumpur, Bank Negara Malaysia(BNM) director said that before the end of the year, it will be clear what will be done about cryptocurrencies.

İbrahim In his continued statements, he said that Malaysia’s final stance on the issue may not be very firm.

According to Malaysian Insight:

“We will make a decision on banning cryptocurrencies before the end of the year. The outlines we will publish will address issues related to registration of users, data collection and transparency of everything they do.”

We wish the media to be patient for more information:

“We are only in October. We will share details with you in less than three months.” said

Although they previously said they would not regulate Bitcoin, BNM said in September that they would create a regulation for crypto assets. BNM issued a warning last month for users involved in Blockchain token sales.

This warning was issued after the decision from the Chinese authorities to stop all token sales. Due to regulatory pressure and ban, leading cryptocurrency exchanges announced that they are closing their doors voluntarily.

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Singapore Information Communications Media Development Authority (IMDA) has agreed with three different Asian-based banks for a blockchain-based customer information system.

At the end of the jointly developed project, it is aimed to facilitate the process of “knowing the customer well”. Apparently, the banks can be listed as follows: OCBC, Mitsubishi UFJ Financial Group, and HSBC Singapore Bank.

IMDA chief executive Tan Kiat How said that this trial is the institution’s “dynamic and digital economy”.

“IMDA fully supports new technologies being used to change startups for the better and delight citizens.. Initiating new ventures is essential to achieving our vision of a dynamic and digital economy.. Using block An attempt was made between February and May. The aim of this experiment is to transfer transactions made on paper, which can sometimes take days, to a completely digital environment, as it is tiring.

3 partner banks said the result of the trial was predominantly positive, and they are looking forward to future trials.

Also, according to the report from OpenGov Asia, the system It was also said that this innovative technology, adapted to the database, plays a key role in preventing crimes such as money laundering and transferring money to terrorist organizations.

Singapore is also leading the cryptocurrency industry with its work on blockchain-based payment systems for non-bank registered individuals.

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What is Viacoin (VIA)? Although Bitcoin has been the world’s leading cryptocurrency to date, it is undoubtedly not the only currency that people should pay attention to.. There are thousands of Altcoins as of now, but only those with solid projects will achieve their goals in the future. Viacoin is no ordinary Altcoin because it has some interesting features that stand out.

What is Viacoin (VIA)?

Viacoin in brief What is (VIA)? While most people may know Viacoin as just another cryptocurrency with a Scrypt mining algorithm, there is much more to this project. At the same time, Viacoin is one of the earliest adopters of Scafft merged mining; This means that Viacoin’ can be mined along with other supported coins without missing the harvest. Also, some of the interesting features of the Viacoin project to note are Bitcoin in terms of transaction speed.

WHY IS IT IMPORTANT?

While looking at the big picture, the project does Offers more than 99% services. First of all, it has lock-time support, which means Viacoin-based micropayments and payment channels are possible.. Although the project is compatible with such applications, it handles this without external solutions such as Bitcoin’s “Lightning Network”.

Gavin Wood Helps Implement Blockchain Food Tracking System

While blockchain technology has positively changed all sectors, the internet could not be expected to remain as it is. Undoubtedly, internet access is a big problem in anti-democratic governments, since the internet is centralized. What if the internet was decentralized?

What is IUNGO Network?

Iungo Network is a global wireless internet provider. Internet access is a basic requirement, but there is no generic domain name version The “right to the internet” or “freedom to connect” is a 15-year-old movement. Several giant companies have been building stratospheric balloons, nanosatellites, etc for over a decade.. Announces its plans to contain the planet with. But the status quo hasn’t changed much.

Solution?

Solution: collection of hotspots. Regardless of new carrier types (for example, weather balloons), such solutions will remain monopolistic. Thus, WiFi will remain the only viable technology for a fair solution.
Their approach, which are examples of so-called P2P services like Airbnb or the Uber show, lowers prices insignificantly at the expense of monopolisation and conflicts disastrous at many business and social levels.. The network should not be owned by anyone to serve its purpose.
Open source software that uses a blockchain for a “self-executing ledger” and runs a community of permissionless hotspots is a viable solution. An ERC20 token will create a closed loop between hosts and users.

Why decentralized management?

Otherwise it wouldn’t work. Being decentralized, it completely changes the economic toolset and on the other hand brings it closer to the task of freedom to connect.
The team is creating an intelligent middleware, not a vertically integrated solution. Unlike many of the crypto projects that have emerged recently, IUNGO is a natural fit for blockchain technology chest. The system will be “politically” decentralized, as there is no point in centralized management or single-vendor dependency.
A single IUNGO connected router will be architecturally decentralized as it technically represents a complete and healthy cluster of the community.. Yet it is not “logically” decentralized. It cannot be cloned and for good reason – otherwise, segments of the community could be overcome by unfair competition.

Why ING Token?

Although there is a clear reason why launching the system requires funding , the native token serves the following purposes:
(1) ING clearly constrains the domestic economy and protects it from those with ETH and interests foreign to the system. Without ING, it would be like playing a monopoly game with regular cash – you never know which money comes from the game box and which doesn’t. The token is a more useful tool for a potential switch.

ING token is currently traded on Kucoin.

Goldman Sachs makes its decision on Bitcoin

The first phase of the coin sale for Overstock.com’s subsidiary tZERO has met with significant investor backlash, according to CEO Patrick Byrne.

The firm’s later accreditation, CoinDesk reported. The first leg of its sale for futures contracts to be used for coins by established investors started yesterday.. However, it was a little later than planned.. In the statement made by CoinDesk, it attracted great attention after the sale.

Therefore, it was stated that the company will work to shorten the first two months of coin sales. >Byrene;

“Yesterday, 2,000 accredited investors came in and started the application process.” he noted, adding that investors received several phone calls from him.

tZERO is an alternative trading system registered with the US Securities and Exchange Commission (SEC).. The trading system consists of the blockchain within the online retail giant Overstock, which dates back to 2014 and aims to create a completely new trading environment based on a blockchain. announced that the shortening will be limited to accredited investors, which it reserves the right to allocate one month for each sale.. As CoinDesk has learned, the pre-sale to strategic buyers will be limited to $100 million, and the remaining $150 million in currency will be available to all accredited investors. refused to discuss bonuses. The biggest “bonus coupons” will sell for the first $10 million, with an attractive bonus for the next $90 million, he said.. All investors in the offering will receive bonuses in three different ways.

Byrne noted that investors should expect to receive detailed information from the issuance portal SAFTLaunch.com.

Coindesk

How to use LocalBitcoins – Using LocalBitcoins step by step

The public bank VakifBank took action for the Istanbul Finance Center, which is expected to make Turkey an international financial center.

In the statement made by VakıfBank to the Public Disclosure Platform (KAP), it was reported that the building that is planned to be used as the general directorate of the project belonging to Vakıf Real Estate Investment Trust, located in the Istanbul Finance Center, will be purchased.

VakifBank will pay 427 million liras for 28,001 square meters of space in its 52-floor block.

Bitcoin $1,665, Ethereum $93