Posted on March 26, 2018
There’s no doubt that data is the core of technology advancement and one of the reasons businesses are so successful. But the question that many people are still baffled by is what exactly is big data? To answer this, big data is a term used when datasets are so large that normal processing tools cannot process it sufficiently. Some application of data processing includes engineering, munging, analysing and visualisation. So why exactly is this important to us?
Posted on February 20, 2018
Building the first Social Credit Scoring System: Zhima Credit
The giant Chinese equivalent of Amazon is leading the race to derive an automated rating algorithm for all citizens of China. Their affiliate company, Ant Financial, have created a service known as Zhima Credit (Or Sesame Credit). They realised that the data-collecting powers of their leading app, Alipay, could be used to calculate a very detailed score based on an individual’s activities. Some people are hailing it as the hellish predictions of black mirror becoming a reality but should we really be worried about it?
Posted on February 17, 2018
Rapid developments in social media and online platforms have opened up opportunities for new channels in which companies can promote themselves and their products. However, just as a revolutionary untested vaccine can lead to harmful side effects, expansions in the web have led to the rise of fake news. At what cost?