If you haven’t heard about blockchain technology or artificial intelligence (AI) — arguably the most influential phenomenon in computer science, finance, and business right now — it’s probably time to get out from under that rock you’re under. Blockchain technology is the future and if you don’t want to be left in everyone else’s dust, you need to get updated.
What is exactly blockchain? First it has emerged with the creation of Bitcoin in 2009. This form of technology allows digital information to be exchanged without any external users or middlemen. A digital ledger (or blockchain) records all economic transactions. And although these records are not controlled by a single entity, they are accessible to all users and easily verified. The use of decentralization reduces the risk of corruption and hacking and makes blockchain transactions more secure. However, the benefits of blockchain can extend way beyond cryptocurrencies like Bitcoin, such as enhancing cybersecurity, streamline financial operations, improve advertising and marketing, provide better healthcare and so on.
It is an undisputable technology of how the world will be moving forward. Just as the internet disrupted virtually all facets of human life in the early 2000s, expect blockchain to do the same in the next few years.
Not withholding the rise of artificial intelligence (AI) refers to a computer that can ‘think” for itself — a wide-ranging tool that enables us to more effectively integrate information, analyze data, and use the resulting insights to improve decision-making. Extraordinary advances in AI happen every day. For instance, robots and driverless cars are becoming increasingly common.
These technologies will make most people better off over the next decade. They are driving a new wave of economic progress, solving some of the world’s most difficult problems and providing solutions to some of the most profound challenges in human history.
Bitcoin has gone from $4,000 to $12,000 over the past five months. Many experts believe that the main reason is the huge dollar mass that the US Federal Reserve has thrown into the market to overcome the crisis caused by the COVID-19 pandemic. By diversifying their portfolios, investors invested some of this money in real gold and digital gold, which have shown steady growth in recent months. Another part went where it was intended, to the stock market. But if bitcoin showed an increase of 200%, the gold rose in price by a little more than 30%, and the S&P500 index barely crossed the 50% mark.
In the United States, the main cryptocurrency has surpassed the shares of leading American companies in popularity, losing only to Tesla Elon Musk. Boeing took the third place in views.
The total capitalization of the crypto market changed slightly over the week, falling from ¬$370 billion to $366 billion. The Bitcoin Fear & Greed Index is in the last quarter of the scale for the fourth week and has even grown slightly — from 78 to 81 points. This suggests that the decline in the pair from $ 12,470 to $ 11,600 did not satisfy the market and it remains overbought.
Digital life is augmenting human capacities and disrupting eons-old human activities. Code-driven systems have spread to more than half of the world’s inhabitants in ambient information and connectivity, offering previously unimagined opportunities, wide-ranging possibilities; that computers might match or even exceed human intelligence and capabilities on tasks such as complex decision-making, reasoning and learning, sophisticated analytics and pattern recognition, visual acuity, speech recognition and language translation. AI has the potential to transform many sectors such as information technology, telecommunications, finance, transportation, traffic management, health care, education, criminal justice, defense, banking and agriculture. To realize its full potential, governments need to create public policy that fosters AI innovation while mitigating unintended societal consequences.
We at AIX investment Group have been using for the last couple of years, emerging algorithm-driven artificial intelligence (AI) in our trading activity, that resulted in returns set above market expectations, benefiting our client’s base at large. Today, we reach out to you and offer the opportunity to take advantage of this proven success.