What is Blockchain technology in simple words?

People sometimes use the terms 'Blockchain' and 'Distributed Ledgers' interchangeably. This post aims to analyze each other's features.

Distributed Ledger Technology

Distributed ledgers are databases that are spread across multiple nodes or computing devices. Each node replicates and stores an identical copy of the ledger. Each participant node from the network updates itself independently.

A breakthrough feature of distributed ledger technology is that ledgers are not managed by the central authority. Updates to the ledger are independently built and recorded by each node. The node then votes on this update to ensure that the majority agrees with the conclusions reached. Voting and agreement on one copy of the ledger is called consensus and is done automatically by the consensus algorithm. After consensus has been reached, the distributed ledger will update itself and the latest version of the ledger is stored in each node separately.

The general ledger technology that was distributed dramatically reduced the cost of trust. The architecture and structure of the distributed ledgers can help us reduce our dependence on banks, governments, lawyers, notaries, and regulatory compliance officials. R3 Corda is an example of a distributed ledger.

The big book that is distributed presents a new paradigm of how information is collected and communicated and is ready to revolutionize the way individuals, companies and governments transact.

Blockchain technology

Blockchains are a form of distributed ledger technology. Not all ledgers distributed use blockchains to provide secure and valid distributed consensus.

Blockchain is distributed throughout and managed by peer-to-peer networks. Because this is a distributed ledger, it can exist without centralized authority or the server that governs it, and the quality of its data can be maintained by database replication and computational trust.

However, the blockchain structure makes it different from other types of distributed ledgers. Data on the blockchain is grouped together and organized into blocks. The blocks are then connected to each other and secured using cryptography.

Blockchain is basically a growing list of records. The append-only structure only allows data to be added to the database: changing or deleting data entered previously in the previous block is not possible. Because of this, Blockchain technology is perfect for recording events, managing records, processing transactions, tracking assets, and voting.

Cryptocurrency, like Bitcoin, pioneered blockchain technology. The massive Bitcoin rally at the end of 2017, and the media frenzy that ensued, brought cryptocurrency into the mainstream public imagination. Governments, businesses, economists and enthusiasts are now considering ways to implement blockchain technology for other uses.

Conclusion

Every blockchain is a distributed ledger, but not every big book distributed is a blockchain. Each of these concepts requires decentralization and consensus between nodes. However, the blockchain organizes data in blocks, and updates entries using an append-only structure. Large books that are widely distributed, and blockchain in particular, are conceptual breakthroughs in managing information and can be expected to find applications in every sector of the economy.

We at Fusion Informatics, the leading Blockchain application development in San Francisco, provide the best blockchain application development services that help companies interact with customers and support you to promote decentralized applications that implement Blockchain technology to enable you to develop your company in this rapid active business transformation to maintain our ranking at the top of the list of Blockchain development companies and we have proven with our latest projects by implementing new technologies in the business world. We offer companies avant-garde Blockchain technology solutions

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What is the primary function of an IoT platform?

IoT or internet of things lately we hear this word quite often. Words like cyber-attacks, hacking, we can hear it too together with IoT. Despite this, fears of piracy and cyber-attacks on the internet and IoT applications will grow much faster in the coming years. In the end we can say the scope of the future IoT or the future of IoT is very bright. There will be lots of IoT devices coming soon.

IoT or the Internet of Things is primarily a full system of all interconnected computing devices, having all mechanical and digital machines. When objects or living things have UID or Unique Identification, IoT and IoT applications can transfer data automatically without including human-to-human interactions and human-to-computer interactions in between.

Internet of Things or IoT objects can be either artificial hearts in humans or biochip transponders in farm animals or sensors containing cars. All of these things are important for human survival. Along with the increase in the organization so that the needs of the organization that can make work run easier in an efficient way.

How many IoT devices are there now?

According to Gartner:

In 2017 there were 8.4 billion devices connected to IoT worldwide. While in 2018 it increased to 9.2 billion. It is hoped that by 2020 IoT-connected devices worldwide will be 20.8 billion.

It's hard to secure smart things that have a base attached to this, including items such as TVs, refrigerators, and security cameras. We can expect that there will be a 31% increase in IoT applications and IoT connected devices this year. While this can also reach 10 billion or more, which is more than the world's population.

IoT is useful because it makes our work easy and very less time-consuming. Come on, taking into account the smartphones that we use, make our lives so easy and a lot of our work can be done with just a fingertip.

IoT has facilitated human life. Imagine a hospital connected to all smart devices. All data collected from the device saves the patient information and then carries out analysis on any machine that the doctor or authority wants to examine. Make life easy and orderly, make the hospital run as optimal as possible.

This clearly shows the seriousness, and how important IoT is today.

Is the IoT device safe?

Basic and important questions that are on everyone's mind. Are all IoT devices that we use safe and protected? But people still haven't found much to secure the Internet of Things device.

Cisco, one of the largest network companies, told the Global IoT device supply chain that requires the most powerful and higher vigilance regarding quality control. Due to the lack of proper rules, regulations and IOT security standards, hacking of IOT and IOT applications is very common and dangerous.

The security of IoT devices is in the hands of the manufacturers. The manufacturer must ensure that all Internet of Things devices must be safe and secure to use. Safety is something most businesses miss. According to the survey:

Only 30% of 1000 respondent companies said that they took certain steps to secure all Cellular Applications and IoT devices. At the same time, the rest of the IoT device markers do not build up any security breaches.

We can even take many examples such as cloud-based websites like Netflix, Spotify and Reddit suddenly become unavailable in October 2016. The attack occurred when unknown hackers or destroyers began to gain control of IoT-based applications such as CCTV cameras, digital video recorders .

With this type of instance, we can say that our data and IoT devices are not as safe as they should.

What device is IoT?

Today, if we look around us, we can see that most of the IoT-based devices. So, we list all the popular IoT devices, which are addictive now.

First, out of all Smart Home Automations, we examine carefully, most homes opt for Home Automation. As a matter of safety, and those who want houses that are built automatically and smartly.

Voice Assistant, there is no home that does not have Amazon-Alexa or Google Echo in their home. People began to feel this voice assistant as part of life.

Smart Bands or Fitness Bands.

GPS tracker

Smart Smoke Alarm

Smart Locks

Camera Bell

Amazon Dash Button

IoT-based Security System

Home Wifi System mesh

This device is the most widely used IoT based product. However, there are more devices out there, which people use. It can easily be said how IoT has become an important part of everyone's life.

It is clear that the future of IoT is vast and will increase, without pause, people will be more dependent on the Internet of Things. Although we can even predict that in the near future, people can't even imagine their lives without an IoT device.

What is the scope of IoT in the future?

The future of IoT or where and what progress we can see in the future of IoT or after 25 years. You can see the top five themes that can be seen in the future from IoT listed below:

People will be addicted to Tech connections

The survey shows that the use of IoT-based devices will increase rapidly. This will affect people over the coming decades. There will be some magic things that will make people addicted to the device and people can't refuse to leave it. Its convenience and benefits will make people interested in the device.

In the future, we can even hope that people will choose connectivity over security. As connected with the community, friends and new technology with comfort will become more critical. People will even start storing all of their information data about themselves and their families on this device, and they start trading safety and security for convenience. Users will start making all rational decisions by risking their security and safety.

Children, adults, everyone will be addicted, and the house will be a big IoT device. While humans will not be able to overcome all this.

Conclusion:

IoT has the potential to dramatically increase the availability of information and is likely to transform companies and organizations in almost every industry throughout the world.

Thus, finding ways to increase the strength of IoT is expected factors become the strategic goals of most technology companies, regardless of their industrial focus.

Fusion Informatics leads the IoT ​​development company Indianapolis, where our IoT development team helps build applications that allow your customers to experience a user-friendly experience in every aspect. Our application works smoothly without strong and innovative errors combined with smart Artificial Intelligence, which helps increase sales and productivity.

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Is facial recognition artificial intelligence?

Many people and organizations use face recognition - and in many different places.

1. U.S. Government at the airport. The face recognition system can monitor people who come and go at the airport. The Department of Homeland Security has used technology to identify people who have extended their visa validity period or maybe in criminal investigations. Customs officers at Washington Dulles International Airport made its first arrests using facial recognition in August 2018, arresting a fraudster who tried to enter the country.

2. Cellphone makers in products. Apple first used face recognition to unlock the iPhone X, and continue with the iPhone XS. Face ID Authentication - ensures you when you access your mobile. Apple says the possibility of random faces unlocking your cellphone is around one in 1 million.

3. Colleges. Face recognition software can, in essence, rollover. If you decide to leave the class, your professor can know. Never think of sending your smart roommate to take your test.

4. Social media company on the website. Facebook uses algorithms to see faces when you upload photos to the platform. Social media companies ask if you want to tag people in your photos. If you answer yes, it creates a link to their profile. Facebook can recognize faces with 98 percent accuracy.

5. Business at the entrance and limited area. Some companies have traded security badges for facial recognition systems. Beyond security, it can be one way to get face-to-face time with the boss.

6. Religious groups in places of worship. The church has used face recognition to scan their congregation to see who is present. This is a good way to track regular and non-permanent customers and help adjust donation requests.

7. Retailers at the shop. Retailers can combine surveillance and face recognition cameras to scan the faces of buyers. One goal: identify suspicious characters and potential shoplifters.

8.  Departure gate of airlines. You might be accustomed to asking an agent to scan your boarding pass at the gate to get on your plane. At least one airline scans your face.

9. Marketers and advertisers in campaigns. Marketers often consider things such as gender, age, and ethnicity when targeting groups for a product or idea. Face recognition can be used to define the audience even at something like a concert.

Reasons to worry about your privacy

1. Privacy issues. Privacy refers to whatever rights you have to control your personal information and how that information is used - and that can include your faceprint.

So, what's the problem? Here are a few:

2. Security. Your face data can be collected and stored, often without your permission. Hackers who might be able to access and steal that data.

3. Prevalence. Face recognition technology is broader. That means your signature can end up in many places. You probably won't know who has access to it.

4. Ownership. You have your face - which is above your neck - but your digital image is different. You may have handed over your ownership rights when registering on social media networks. Or maybe someone tracks your picture online and sells that data.

5. Security. Face recognition can cause abuse and online stalking. How? For example, someone takes your photo on the subway or other public place and uses facial recognition software to find out who you really are.

6. Wrong identity. Say, for example, law enforcement uses face recognition to try to identify someone who robbed a corner shop. The face recognition system may not be 100 percent accurate.

7. Basic freedom. Government agencies and others can have the ability to track you. What you do and where you go may no longer be personal. It becomes impossible to remain anonymous.

Advantages of facial recognition technology

1. Security

The automatic security process also means that security personnel will be placed in potentially dangerous situations.

2. Fast and Accurate

With the increasing demand for speed and the increasing number of cyberattacks, having fast and accurate technology is the key. Face recognition technology provides verification that is convenient, fast, and accurate. While it is possible, it is very difficult to fool face recognition technology, which makes it useful in helping prevent fraud.

3. Security

A face biometric security system can dramatically improve your security because every individual who enters your place will be taken into account. Each intruder will be quickly captured by the recognition system and you will be warned immediately. With a face recognition security system, you have the potential to reduce the cost of hiring security staff.

4. Fully Automatic

Instead of a manual introduction, which is carried out by security guards or official representatives outside the company's location, facial recognition technology automates the process of identifying and ensuring its imperfections at any time without stopping. You don't even need employees to monitor cameras 24/7. Automation means convenience and reduced costs too. Therefore, every entrepreneur will love the fact that the image identification system is fully automated.

5. Cost savings

Because of automatic face recognition, this also reduces the need for security guards to personally verify compatibility. This means businesses can save costs in recruiting security staff and other security measures.

6. Easy integration process

Most of the time, integrated face recognition tools can work perfectly with company-installed security software. And they are also easy to program to interact with company computer systems.

Conclusion:

Face recognition is a new technology that can provide many benefits. Face recognition can save resources and time, and even generate new revenue streams, for companies that implement it correctly.

Fusion Informatics, a leading innovative mobile app development company in San Francisco, arrives with Facial recognition application. We understand the customer need according to that we work Our process combines strategy, design, development, and extensive testing. We design, develop and deploy future-ready awesome iOS mobile applications. Fusion Informatics is a prominent mobile apps development companies in San Francisco in USA that brings together expert iPhone app developers to build extraordinary iPhone apps. Our qualified team is not just focused on crafting apps that meet client’s needs, but also ensures that the developed mobile app follows stringent guidelines of the iPhone app store. We mainly focus on Mobile Application, Customize Web Application, IOT, Chatbot,  Blockchain app development. We understand professional service as an opportunity to walk on the path of values. Every day is a fresh challenge to adhere to our essential milestone principles, We have a team of passionate techies, designers & Business Analyst who take pride in delivering quality products.

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