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AI Software in the Workplace – How It Can Upskill Employees

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A lot of credit for the fast-changing way we work goes to artificial intelligence. AI and machine learning are increasingly powering workplace platforms and tools because sophisticated automation tools can relieve workers from tasks that are too dull or dangerous. Therefore, employees can focus more on higher-level work. Artificial intelligence can be utilized to enable individual knowledge workers, boosting their productivity and feeding them timely information furthering key business objectives.

Enterprise software development faced an amazing evolution in the past few years, thus making more and more businesses look for software development services to create integrated solutions that give the opportunity to expand and improve their employees’ experience better than ever.

Simplifying HR

Technological advancements have completely changed the human resources game in the last several years. Modern businesses are frequently global and diverse meaning that they have employees scattered all over the world making HR professionals to struggle with a never-ending paper trail. Positive HR policies and environments are keys to retaining staff long-term, but due to differing policies, processes, regulation, and systems, HR staff have a lot of their time tied up in answering the requests and questions of the employees. Even the simple act of finding how many days of holiday someone has left can result in multiple emails sent across an organization and a lot of documents to look through. Yet, AI enterprise solutions can help by saving valuable time for both the employee asking the question and the HR professional trying to respond. Also, AI can be valuable in automating repetitive recruiting tasks such as sourcing resumes, scheduling interviews, and providing feedback.

Employee engagement

HR professionals put great importance on employee engagement for the success of a business. But what it means to have engaged employees? According to them, engaged employees are the enthusiastic and passionate workers that are willing to work hard to contribute to the growth of the organization that they are working for. for today’s business leader, employee engagement is seen as the holy grail that can make a difference between a company that outperforms its competitors and one that fails to grow. Artificial intelligence is expected to create a healthier, more productive, and accessible work environment for employees. A healthy and safe workplace is known to engage workers in innovation and the process of contributing to a company’s success.

Entrepreneurs have the responsibility to ensure that the workplaces they offer to their employees keep them satisfied, safe, and positive so that they can remain productive and focused on the job.

For example, well-being technology has already become a big deal in the business world because there is strong evidence that suggests that it positively affects outcomes in the workplace. Emotional and physical wellbeing technology is used in workplaces to capture employee information, analyze it and identify workers who struggle with productivity or happiness in the office. A healthy employee is a happy employee who will use their best qualities to contribute to a company’s success.

Create engagement opportunities

Happy and engaged employees are surely one of the more important keys for organization growth. Artificial intelligence integrated into businesses is expected to improve operations and boost employee engagement by creating engagement opportunities. For example, AI-powered solutions can engage remote employees effectively by providing both real-time performance monitoring to the employer and by providing access to business data to the employees from all over the world. Thus, artificial intelligence enterprise software helps employees and employers from all over the world to stay connected and make informed business decisions that contribute to improved business processes and the organization’s growth.

Employee and staff performance monitoring

Employee monitoring often paints a picture of a nagging boss trying to control every aspect of a helpless employee’s life. So, naturally, the idea of monitoring is something every employee hate. However, it is a crucial component in the overall management of an organization allowing both entrepreneurs and their employees alike to understand how their time is being spent. It can help people become the best version of themselves on the job.   AI software can be used for employee monitoring to both enable employers to get their money’s worth out of their employees and help employees get better at their jobs. Humans need motivation to perform efficiently at their jobs and monitoring can be the tool to provide it. for example, employees can use time-tracking software to keep track of how they spend their time and derive valuable insights such as how they can be more productive on the job. Also, employers are empowered to make informed decisions regarding their employees. For example, AI-powered monitoring software can help them to rightly decide which employees qualify for promotions based on their productivity, work ethics, and contribution to the company’s growth.

A solution to the data nightmare

The huge amount of data generated daily is a nightmare and a common reason for stress for employees. One of the biggest challenges in the workplace for employees is to struggle with documents and content scattered in disparate locations across their organization. Workers have to waste a significant amount of time and energy to find a file or document that is crucial for completing their tasks because the business data is hard to access when it is not centralized in enterprise software. AI advancements have set the stage for an intelligent assistant that is designed to help employees do data-oriented tasks such as prioritizing high-importance emails, balance workflows, and attach relevant content to emails. This assistant can make employees’ life easier in this age of information overload that the business world is experiencing.  Leaner information sharing and access boosts higher productivity across the company.

The rise of artificial intelligence has transformed the way organizations manage employee engagement and the way employees work. It can help companies to boost the bottom line through the improved usage of available resources, increased employee satisfaction, and better productivity.

Source: https://1reddrop.com/2019/05/16/ai-software-in-the-workplace-how-it-can-upskill-employees/?utm_source=rss&utm_medium=rss&utm_campaign=ai-software-in-the-workplace-how-it-can-upskill-employees

Blockchain

John Locke And The Pursuit Of Bitcoin’s Decentralization

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John Locke And The Pursuit Of Bitcoin's Decentralization

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If John Locke’s life can be encapsulated in one word, it’s freedom.

By the time he died, in 1704, he had written a number of weighty books on the importance of liberty. The biggest threat to freedom, Locke wrote, came from coercive governments. Nearly four hundred years later, little has changed.

Though Locke had many an admirer, Thomas Hobbes wasn’t one of them. In fact, Hobbes’ sentiments were the antithesis of Locke’s. The Hobbesian philosophy, both simple and flawed, goes something like this: for humans to be truly happy, to be truly safe in a chaotic world, it’s best to let kings, queens, and political elites call the shots.

With the benefit of countless lessons from history, the Hobbesian philosophy now seems utterly naïve, not to mention dangerous. The idea of placing the welfare of millions of people in the hands of a king, queen, president, etc. is a preposterous one. Even the idea of a modern-day president seems so antiquated. In Joe Biden we trust doesn’t inspire much…well, trust. To be clear, this is not an attack on President Biden. Substitute Boris or Macron in and the well of trust still remains dangerously dry.

How can one person speak for millions – or in the case of the US, some 323 million – people? It’s impossible.

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Of course, Hobbes could never have envisaged a day when the likes of Facebook and Google would (or could) control the public narrative.

Nevertheless, the Englishman lived in an age littered with capricious monarchies, many of whom ruled with an iron, blood-soaked fist. Both Ivan the Terrible and Rudolf II, Holy Roman Emperor wreaked havoc throughout the 16th century, around the very same time that Hobbes was born.

Back then, as well as having the power to mar at will, monarchies directly controlled the flow of finances. Although today’s monarchies are more ornamental in nature, financial control is still largely centralized. Powerful political figures still play a major role in who gets access to financial resources, with the power to refuse mortgage applications and shutdown bank accounts with the click of a button.

John Locke imagined a better world. Fiercely independent and passionately devoted to the idea of freedom, the philosopher and physician was very much an anti-Hobbesian. A hero of the decentralization movement centuries before the idea took hold, Locke was repulsed by tyrannies.

By placing so much power in the hands of one person, he warned, people were sacrificing their autonomy, their right to be truly free. Locke’s philosophy echoes that of BTC’s. After all, Satoshi created the digital cash system in order to remove third-party intermediaries from the picture. An intermediary is just another word for a referee, and as we all know, refs call the shots.

By removing the referee, Satoshi imagined a more equitable playing field. The philosophies of both Satoshi, very much a Lockean, and Locke, very much a Satoshian, sound simple; if applied globally, however, their results may very well restore power to the people.

From a Lockean perspective, human beings possess free will. We are, by our own very nature, free. As long as we abide by the laws of the land, any attempts to curtail this freedom are wholly unjust.

Such a philosophy might strike you as obvious, offensively so. Not so much a philosophy, more commonsense – like telling people to brush their teeth or to blink regularly. However, back in the 1600s, the idea of freedom from the rule was revolutionary. Locke’s philosophy was revelatory. Today, it’s important to remember that millions of people, from Tehran to Tipitapa, live under murderous regimes. Is it unreasonable to argue that the Brit’s philosophy is more important now than ever before?

Locke said, “Men being, as has been said, by nature, all free, equal and independent, no one can be put out of this estate, and subjected to the political power of another, without his own consent.”

This sentence can just as easily be applied to the world of traditional finance as it can to the world of politics. Why? Because the two are inextricably linked. Perhaps, at one time, you found yourself frozen out of your own financial “estate,” without warning, and maybe even without a reasonable explanation. Perhaps you are one of WallStreetBets investors who, just very recently, found your account locked by the ironically named Robinhood.

With a move to cryptocurrencies, greater degrees of autonomy are restored. We, not others, are in control of our estates. In the case of BTC, we literally have the key. As an “unequivocal defender of private property,” one assumes, if he were alive today, John Locke would also possess a key.


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DISCLAIMER Read More

The views expressed in the article are wholly those of the author and do not represent those of, nor should they be attributed to, ZyCrypto. This article is not meant to give financial advice. Please carry out your own research before investing in any of the various cryptocurrencies available.

Source: https://zycrypto.com/john-locke-and-the-pursuit-of-bitcoins-decentralization/

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Blockchain

SIMBA Chain expands to Avalanche blockchain enabling low-code smart contract deployment

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SIMBA Chain, a cloud-based Smart Contract as a Service (SCaaS) platform, today announced it is expanding to Avalanche, accelerating its mission to simplify decentralized technologies for builders of all skill sets.

By integrating with Avalanche, SIMBA Chain’s platform for streamlined, low-code smart contract deployment will be even more powerful for the projects’ communities and crypto developers.

SIMBA Chain provides the intuitive version of smart contracts functionality sought by Avalanche and legions of dApp developers in the crypto world. This is particularly important as decentralized finance gains momentum as an alternative to traditional centralized financial instruments.

Since the launch of the Avalanche-Ethereum Bridge on February 8th, smart contract activity on Avalanche has boomed, with transactions increasing by 631% to over 400,000, and unique wallets increasing by 1300% to top 30,000.

“Avalanche is enabling low latency and cheap transaction costs, which is great news for users. At the same time, the EVM-compatible programmability and native cross-chain communication will enhance the functionality for developers. As we’ve seen at SIMBA Chain, the easier it is for developers, the faster the adoption rate,” says Joel Neidig, CEO of SIMBA Chain.

At its core, the SIMBA platform auto-generates Representational State Transfer (REST) APIs. This provides REST-based access to smart contract methods that transact on the blockchain ledger and enables access control groups for reading or writing. It provides a generic API to multiple blockchain systems and thus is not dependent on a single blockchain or distributed ledger technology. SIMBA Chain currently supports several blockchains, with more on the roadmap.

Source: SIMBA Chain

Source: https://www.cryptoninjas.net/2021/03/02/simba-chain-expands-to-avalanche-blockchain-enabling-low-code-smart-contract-deployment/

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Canadian bitcoin exchange CoinSmart raises $3.5M to expand into Europe

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Toronto-based cryptocurrency exchange company Simply Digital Technologies Inc. (CoinSmart), today announced that it recently closed a CAD $4.5 million (USD $3.55 million) seed round of financing through the issuance of interest-bearing convertible debentures to fuel the expansion of its platform into Europe and support operational updates.

Following the pre-RTO financing announcement made earlier this month, this funding round will continue to lay the groundwork for Simply Digital Technologies Inc. proposed reverse takeover (RTO) in the coming months. This RTO will be an arm’s length “Qualifying Transaction” in order to successfully obtain a listing on the TSX Venture Exchange.

As one of the first Canadian exchanges to be regulatory compliant with the country’s financial intelligence unit – Financial Transactions and Report Analysis Centre of Canada – CoinSmart prioritizes the safety and security of its customers with adherence to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations and the use of cryptocurrency cold storage to reduce theft.

CoinSmart’s European expansion is possible because of a Financial Intelligence Unit (FIU) license issued by the Estonian Police and Border Guard Board, holding CoinSmart to stringent consumer protection standards and security protocols.

Growth

In 2020, CoinSmart saw a 356% growth in users, a 454% increase in volume, and deposits on the exchange grew by 632%. The $4.5 million will fuel the next stage of CoinSmart’s growth and help power its team as they continue to develop and expand their product offerings for Europe.

“CoinSmart’s fundamental mission is to make cryptocurrency accessible for people of all experience levels. Our expansion into the European market marks a unique opportunity for CoinSmart to present its innovative cryptocurrency trading services globally, while offering the same level of customer service and trust we’ve established in Canada. We’re excited about the ways in which crypto can help streamline payments within Europe’s financial system and subsequently better serve and protect our customers.”
– Justin Hartzman, CEO of CoinSmart

Source: CoinSmart

Source: https://www.cryptoninjas.net/2021/03/01/canadian-bitcoin-exchange-coinsmart-raises-3-5m-to-expand-into-europe/

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