scholarly journals Blockchain Disrupting Fintech and the Banking System

Proceedings ◽  
2021 ◽  
Vol 74 (1) ◽  
pp. 24
Author(s):  
Eduard Alexandru Stoica ◽  
Daria Maria Sitea
Keyword(s):  
Artificial Intelligence ◽  
Machine Learning ◽  
Big Data ◽  
Financial Institutions ◽  
New World ◽  
Great Part ◽  
Banking System ◽  
Daily Activities ◽  
Blockchain Technology ◽  
Almost All

Nowadays society is profoundly changed by technology, velocity and productivity. While individuals are not yet prepared for holographic connection with banks or financial institutions, other innovative technologies have been adopted. Lately, a new world has been launched, personalized and adapted to reality. It has emerged and started to govern almost all daily activities due to the five key elements that are foundations of the technology: machine to machine (M2M), internet of things (IoT), big data, machine learning and artificial intelligence (AI). Competitive innovations are now on the market, helping with the connection between investors and borrowers—notably crowdfunding and peer-to-peer lending. Blockchain technology is now enjoying great popularity. Thus, a great part of the focus of this research paper is on Elrond. The outcomes highlight the relevance of technology in digital finance.

scholarly journals A Review of Artificial Intelligence, Big Data, and Blockchain Technology Applications in Medicine and Global Health

2021 ◽  
Vol 5 (3) ◽  
pp. 41
Author(s):  
Supriya M. ◽  
Vijay Kumar Chattu
Keyword(s):  
Artificial Intelligence ◽  
Machine Learning ◽  
Big Data ◽  
Global Health ◽  
Treatment Protocol ◽  
Diagnostic Procedures ◽  
Well Being ◽  
Medical Practitioners ◽  
Blockchain Technology ◽  
Technology Applications

Artificial intelligence (AI) programs are applied to methods such as diagnostic procedures, treatment protocol development, patient monitoring, drug development, personalized medicine in healthcare, and outbreak predictions in global health, as in the case of the current COVID-19 pandemic. Machine learning (ML) is a field of AI that allows computers to learn and improve without being explicitly programmed. ML algorithms can also analyze large amounts of data called Big data through electronic health records for disease prevention and diagnosis. Wearable medical devices are used to continuously monitor an individual’s health status and store it in cloud computing. In the context of a newly published study, the potential benefits of sophisticated data analytics and machine learning are discussed in this review. We have conducted a literature search in all the popular databases such as Web of Science, Scopus, MEDLINE/PubMed and Google Scholar search engines. This paper describes the utilization of concepts underlying ML, big data, blockchain technology and their importance in medicine, healthcare, public health surveillance, case estimations in COVID-19 pandemic and other epidemics. The review also goes through the possible consequences and difficulties for medical practitioners and health technologists in designing futuristic models to improve the quality and well-being of human lives.

scholarly journals Cooperative Governance Path of Financial Technology Supervision

2021 ◽  
Vol 3 (6) ◽  
Author(s):  
Difei Zhang
Keyword(s):  
Artificial Intelligence ◽  
Machine Learning ◽  
Big Data ◽  
Data Analysis ◽  
Financial Institutions ◽  
Financial Services ◽  
Big Data Analysis ◽  
Technology Changes ◽  
Financial Technology ◽  
Cooperative Governance

Financial technology changes the logic of financial interpretation through the use of digital and digital centric technologies, commercialization, big data analysis, machine learning and artificial intelligence. From financial institutions that use technology to provide financial services to technology companies that directly provide financial services, fintech companies play an important role in realizing financial brokerage and financial democratization and improving the availability and efficiency of financial services. Based on this, this paper focuses on the plight and path of cooperative governance of financial technology supervision, for the reference of relevant personnel.

scholarly journals Leveraging Artificial Intelligence and Big Data to Optimize COVID-19 Clinical Public Health and Vaccination Roll-Out Strategies in Africa

2021 ◽  
Vol 18 (15) ◽  
pp. 7890
Author(s):  
Bruce Mellado ◽  
Jianhong Wu ◽  
Jude Dzevela Kong ◽  
Nicola Luigi Bragazzi ◽  
Ali Asgary ◽  
...  
Keyword(s):  
Public Health ◽  
Artificial Intelligence ◽  
Machine Learning ◽  
Big Data ◽  
Developed Countries ◽  
Machine Learning Techniques ◽  
Multiple Data ◽  
Learning Techniques ◽  
Unequal Access ◽  
Roll Out

COVID-19 is imposing massive health, social and economic costs. While many developed countries have started vaccinating, most African nations are waiting for vaccine stocks to be allocated and are using clinical public health (CPH) strategies to control the pandemic. The emergence of variants of concern (VOC), unequal access to the vaccine supply and locally specific logistical and vaccine delivery parameters, add complexity to national CPH strategies and amplify the urgent need for effective CPH policies. Big data and artificial intelligence machine learning techniques and collaborations can be instrumental in an accurate, timely, locally nuanced analysis of multiple data sources to inform CPH decision-making, vaccination strategies and their staged roll-out. The Africa-Canada Artificial Intelligence and Data Innovation Consortium (ACADIC) has been established to develop and employ machine learning techniques to design CPH strategies in Africa, which requires ongoing collaboration, testing and development to maximize the equity and effectiveness of COVID-19-related CPH interventions.

Innovative Approach to Build a Scalable Hybrid Model for Prescriptive Maintenance

2021 ◽  
Author(s):  
Richard Büssow ◽  
Bruno Hain ◽  
Ismael Al Nuaimi
Keyword(s):  
Artificial Intelligence ◽  
Machine Learning ◽  
Big Data ◽  
Hybrid Model ◽  
Domain Knowledge ◽  
Spare Parts ◽  
Good Prediction ◽  
First Principle ◽  
Plant Data ◽  
Rotating Equipment

Abstract Objective and Scope Analysis of operational plant data needs experts in order to interpret detected anomalies which are defined as unusual operation points. The next step on the digital transformation journey is to provide actionable insights into the data. Prescriptive Maintenance defines in advance which kind of detailed maintenance and spare parts will be required. This paper details requirements to improve these predictions for rotating equipment and show potential to integrate the outcome into an operational workflow. Methods, Procedures, Process First principle or physics-based modelling provides additional insights into the data, since the results are directly interpretable. However, such approaches are typically assumed to be expensive to build and not scalable. Identification of and focus on the relevant equipment to be modeled in a hybrid model using a combination of first principle physics and machine learning is a successful strategy. The model is trained using a machine learning approach with historic or current real plant data, to predict conditions which have not occurred before. The better the Artificial Intelligence is trained, the better the prediction will be. Results, Observations, Conclusions The general aim when operating a plant is the actual usage of operational data for process and maintenance optimization by advanced analytics. Typically a data-driven central oversight function supports operations and maintenance staff. A major lesson-learned is that the results of a rather simple statistical approach to detect anomalies fall behind the expectations and are too labor intensive. It is a widely spread misinterpretation that being able to deal with big data is sufficient to come up with good prediction quality for Prescriptive Maintenance. What big data companies are normally missing is domain knowledge, especially on plant critical rotating equipment. Without having domain knowledge the relevant input into the model will have shortcomings and hence the same will apply to its predictions. This paper gives an example of a refinery where the described hybrid model has been used. Novel and Additive Information First principle models are typically expensive to build and not scalable. This hybrid model approach, combining first principle physics based models with artificial intelligence and integration into an operational workflow shows a new way forward.

Who’s making the decisions? How managers can harness artificial intelligence and remain in charge

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Pooya Tabesh
Keyword(s):  
Artificial Intelligence ◽  
Machine Learning ◽  
Decision Making ◽  
Big Data ◽  
Digital Transformation ◽  
Decision Processes ◽  
Decision Makers ◽  
Content Type ◽  
Human Decision ◽  
Practical Implications

Purpose While it is evident that the introduction of machine learning and the availability of big data have revolutionized various organizational operations and processes, existing academic and practitioner research within decision process literature has mostly ignored the nuances of these influences on human decision-making. Building on existing research in this area, this paper aims to define these concepts from a decision-making perspective and elaborates on the influences of these emerging technologies on human analytical and intuitive decision-making processes. Design/methodology/approach The authors first provide a holistic understanding of important drivers of digital transformation. The authors then conceptualize the impact that analytics tools built on artificial intelligence (AI) and big data have on intuitive and analytical human decision processes in organizations. Findings The authors discuss similarities and differences between machine learning and two human decision processes, namely, analysis and intuition. While it is difficult to jump to any conclusions about the future of machine learning, human decision-makers seem to continue to monopolize the majority of intuitive decision tasks, which will help them keep the upper hand (vis-à-vis machines), at least in the near future. Research limitations/implications The work contributes to research on rational (analytical) and intuitive processes of decision-making at the individual, group and organization levels by theorizing about the way these processes are influenced by advanced AI algorithms such as machine learning. Practical implications Decisions are building blocks of organizational success. Therefore, a better understanding of the way human decision processes can be impacted by advanced technologies will prepare managers to better use these technologies and make better decisions. By clarifying the boundaries/overlaps among concepts such as AI, machine learning and big data, the authors contribute to their successful adoption by business practitioners. Social implications The work suggests that human decision-makers will not be replaced by machines if they continue to invest in what they do best: critical thinking, intuitive analysis and creative problem-solving. Originality/value The work elaborates on important drivers of digital transformation from a decision-making perspective and discusses their practical implications for managers.

scholarly journals The Potential of Application of Technology-Based Innovations for Zakat Administration in India

2019 ◽  
Vol 4 (2) ◽  
pp. 87-100
Author(s):  
Aishath Muneeza ◽  
Shahbaz Nadwi
Keyword(s):  
Artificial Intelligence ◽  
Big Data ◽  
Vital Role ◽  
Primary Sources ◽  
Effective Management ◽  
Journal Articles ◽  
Secondary Sources ◽  
Blockchain Technology ◽  
The Subject ◽  
Customary Practices

India is the home country for many Muslims and effective management of zakah is essential to the country. In this era of technology, it is imperative to use technology with zakat to ensure that the classical zakat administration approaches are upgraded to the uruf or customary practices of the society. The objective of this paper is to find out the potential of using technology in upgrading zakat administration in India. This is a qualitative approach where the primary sources such as zakat administration laws in India and secondary sources such as journal articles and published reports on the subject are analysed to derive conclusions. The findings of this paper suggest that the innovations such as rice ATMs, mobile applications, applications made with blockchain technology, artificial intelligence and big data can also play a vital role in the effective management of zakat in India. It is anticipated that the outcome of this research will assist the zakat administrators in India to adopt technology in this regard.   Keywords: Artificial intelligence, big Data, fintech, rice ATM, zakat

Data Science: Big Data, Machine Learning, and Artificial Intelligence

2018 ◽  
Vol 15 (3) ◽  
pp. 497-498 ◽  
Author(s):  
Ruth C. Carlos ◽  
Charles E. Kahn ◽  
Safwan Halabi
Keyword(s):  
Artificial Intelligence ◽  
Machine Learning ◽  
Big Data ◽  
Data Science

Machinic Empathy and Mental Health: The Relational Ethics of Machine Empathy and Artificial Intelligence in Her

2019 ◽  
pp. 158-175
Author(s):  
Frances Shaw
Keyword(s):  
Mental Health ◽  
Artificial Intelligence ◽  
Machine Learning ◽  
Big Data ◽  
Health Research ◽  
Mental Health Treatment ◽  
Mental Health Research ◽  
Relational Ethics ◽  
Health Treatment

This paper situates a discussion of Her within contemporary developments in empathic machine learning for mental health treatment and therapy. Her simultaneously hooks into and critiques a particular imaginary about what artificial intelligence can do when combined with big data. Shaw threads the representation of empathy and artificial intelligence in the film into discussions of contemporary mental health research, in particular possibilities for the automation of treatment, whether through machine learning or guided interventions. Her provides some useful ways to think through utopian, dystopian, and ambivalent readings of such applications of technology in a broader sense, raising questions about sincerity and loss of human connectivity, relational ethics and automated empathy.

Big Data and Machine Learning

2018 ◽  
pp. 225-239
Author(s):  
Fernando Enrique Lopez Martinez ◽  
Edward Rolando Núñez-Valdez
Keyword(s):  
Public Health ◽  
Artificial Intelligence ◽  
Machine Learning ◽  
Big Data ◽  
Complete Solution ◽  
Big Data Analytics ◽  
Machine Learning Algorithms ◽  
Data Sets ◽  
Healthcare Organizations ◽  
High Level

IoT, big data, and artificial intelligence are currently three of the most relevant and trending pieces for innovation and predictive analysis in healthcare. Many healthcare organizations are already working on developing their own home-centric data collection networks and intelligent big data analytics systems based on machine-learning principles. The benefit of using IoT, big data, and artificial intelligence for community and population health is better health outcomes for the population and communities. The new generation of machine-learning algorithms can use large standardized data sets generated in healthcare to improve the effectiveness of public health interventions. A lot of these data come from sensors, devices, electronic health records (EHR), data generated by public health nurses, mobile data, social media, and the internet. This chapter shows a high-level implementation of a complete solution of IoT, big data, and machine learning implemented in the city of Cartagena, Colombia for hypertensive patients by using an eHealth sensor and Amazon Web Services components.

FinTech Adoption in China

2021 ◽  
pp. 166-173
Author(s):  
Gagan Kukreja
Keyword(s):  
Artificial Intelligence ◽  
Machine Learning ◽  
Deep Learning ◽  
Financial Services ◽  
New Technologies ◽  
Large Population ◽  
Financial Inclusion ◽  
High Penetration ◽  
Digital Payments ◽  
Almost All

Almost all financial services (especially digital payments) in China are affected by new innovations and technologies. New technologies such as blockchain, artificial intelligence, machine learning, deep learning, and data analytics have immensely influenced all most all aspects of financial services such as deposits, transactions, billings, remittances, credits (B2B and P2P), underwriting, insurance, and so on. Fintech companies are enabling larger financial inclusion, changing in lifestyle and expenditure behavior, better and fast financial services, and lots more. This chapter covers the development, opportunities, and challenges of financial sectors because of new technologies in China. This chapter throws the light on opportunities that emerged because of the large population of 1.4 billion people, high penetration, and access to the latest and affordable technology, affordable cost of smartphones, and government policies and regulations. Lastly, this chapter portrays the untapped potentials of Fintech in China.

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