Improving Transaction Monitoring With Machine Learning And Blockchain
Ensuring the accuracy of data, as well as streamlining downstream reporting for transaction monitoring, can benefit from machine learning. Most people see blockchain technology as a way to reduce costs in the financial ecosystem. While it is certainly true Bitcoin technology can help institutions save a lot of money, there are other technologies which can be beneficial as well. Machine learning can help reduce costs on transaction monitoring, which is quite an interesting strategy to consider. Regardless of how people want to look at things, the financial world will be undergoing some....
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Storing educational credentials on a distributed ledger in a transparent manner makes a lot of sense. MIT Media Lab and Learning Machine has done exactly that, allowing individuals to share digital proof of their education and employment. It is always positive to see an open-source blockchain solution being used for this type of purpose. Creating,....
Learning Machine plans to take its new Bitcoin blockchain certification solution to the commercial market in 1Q 2017. This is less than a year after its June 2016 launch of the open standard Blockcerts toolset, which it built in collaboration with MIT Media Lab. The partnership came about as a result of the company’s work on admissions systems for the Massachusetts Institute of Technology (MIT). Philipp Schmidt, Director of Learning Innovation for MIT Media Lab, summarized the history of Blockcerts and its team of collaborators, in his October 24 column on Medium. Learning Machine is a....
The MIT Media Lab's Learning Initiative and Learning Machine have released the first version of an open-source project that builds an ecosystem for creating, sharing and verifying blockchain-based educational credentials. The project represents the first step in a broader undertaking that is focused on creating new technologies and collaborating to evolve standards that lift the entire ecosystem. The MIT Media Lab's Learning Initiative integrates learning-related projects across different research groups, develops new technologies for creative learning, and uses the Media Lab as a platform....
Financial compliance authority Juan Llanos is joining blockchain analytics firm Coinalytics as the executive vice president of business development. There, Llanos will be charged with establishing partnerships for the blockchain intelligence startup and working with customers at all stages, from initial engagement to onboarding to developing new solutions on top of the platform. The role “is a convergence of my passion with an opportunity,” Llanos said, noting he has been studying data mining and machine learning for transaction monitoring, even helping to build some of these monitoring....
Quantitative crypto finance has a wide array of machine learning techniques to call on. Here are five, explained for their characteristics.