Blockchain-Based Credit Score Coming in 2016, forecasts Yandex, the 4th largest search engine worldwide
Banks may start applying blockchain technology tocredit scores in 2016. Such an assumption was expressed by 4th largest search engine worldwide and the most popular website in Russia, Yandex, CTO Grigory Bakunov during his lecture about the main trends of 2016. If applied, the blockchain will make scoring much easier and faster. The growing possibilities of artificial intelligence allow the building of wide networks able to gather authentic information about any user based on his/her accounts in social networks and other sources. Furthermore, they are able to process huge volumes of....
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Russia's largest search engine and Internet-based services provider Yandex is interested in integrating bitcoin to its financial platform Yandex. Money, to allow its merchants to accept payments in bitcoin. At the Finnopolis FinTech Forum held in Kazan, Yandex. Money CEO Maria Gracheva announced that the company is looking forward in supporting bitcoin payments. In an interview with Bitcoin Magazine, Nora Kirkizh, media relations manager of Yandex. Money further explained that bitcoin fits perfectly with the payment solutions offered by Yandex. Money, ranging from the online payment....
Russian search engine Yandex has started tracking the exchange rate of bitcoin for the US dollar, the euro and the British pound, but oddly enough not the Russian rouble. Yandex is by far the biggest search engine in Russia, with a 60% market share. It also has a big following in several of the countries that are part of the Commonwealth of Independent States. In 2011 Yandex managed to raise $1.3bn in a NASDAQ initial public offering, the biggest IPO since Google went public seven years earlier. The company also operates an e-commerce payment system, dubbed Yandex. Money. As of this week,....
Yandex, Russia's largest search engine and internet services provider, recently expressed its interest in integrating bitcoin in its financial platform Yandex. Money. In doing so, it could allow merchants on this portal to accept bitcoin payments. This is particularly interesting because Russia is known for its hardline stance against bitcoin, even banning access to cryptocurrency-related websites in the past. To this day, Russian government officials and financial regulators have been warning the public about the risks of transacting using digital currencies. Bitcoin and Yandex. During....
The Central Bank of Russia has officially requested Yandex, the largest Internet company in Russia, to disallow Alexei Navalny, a Russian lawyer and financial activist who is running a presidential campaign in 2018, from raising funds using the Yandex payment application. Yandex N.V. operates the largest search engine and provides the most widely used financial service in Russia. It controls over 60 percent of the Internet market share and serves over 55 mln active users. Its financial application is used by the general Russian consumer base to process basic payments, from salaries to....
The task of finding images free to use on the Internet with proper attribution has become easier, thanks to the blockchain-based Mediachain Attribution Engine, which has aggregated millions of openly licensed images. By using machine learning to find the best images, Attribution Engine has launched a platform that allows users to upload any image from the web and find out who made it and where it came from. If Attribution Engine does not know the image’s creator, it suggests similar images licensed for reuse that have attribution. An Open Media Library. Attribution Engine is the first....