Category: BitMED

Announcing the BitMED Exchange

Does the world need another Exchange?

These days any cryptocurrency player out there seems to have an Exchange. Almost all of them focus on offering a broad crypto “menu”, everything from the likes of ETH and BTC to some of the most recent newcomers. Few set their sights on partnerships centered around their coin acting as currency for points systems, gaming systems. or even cellular airtime. Few are going as far as providing ATM-like access to funds.

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Announcing BitMED’s Digital Wallet

Recent technological advancements in a number of industries, banking, retail, and healthcare included, enabled the kind of near real-time access to services that even a decade ago we were only dreaming about. Back then we used to go to the Bank to get a mortgage, we used to call to schedule a doctor appointment or we got an email with last night’s NBA scores. It worked, but I hope you and I can agree that the whole thing was clunky, disconnected and … anything but frictionless!

They say that everything old becomes new again. I sure hope none of that old modus vivendi will ever “become new again”. Instead, I want things to “just work”!

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From Data to Knowledge to Intelligence | PART TWO: The DATA

Welcome back!

Before we get started I wanted to say that I’m absolutely impressed by the questions and comments that the first and second articles in this series generated. All your feedback seems to indicate that, in spite of all the hype around Big Data, understanding fundamental concepts like data lifecycle, insights, true value of data and so on is still a challenge. Few comments indicate that the complexity is to blame. Steve Jobs once said, “Simple can be harder than complex: You have to work hard to get your thinking clean to make it simple.”

Getting our “thinking clean” is one of the reasons that led me to do this series.

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From Data to Knowledge to Intelligence | PART ONE: The Journey Map

First, I want to Say Thank You for sending comments and sharing the first article of this series. Personally I found your response both humbling and invigorating at the same time. Thank You again!

Today, I’d like to take a closer look at the overall Journey. It’s not that the individual stages are not worth discussing (yet!), but I think we need to spend some time understanding the bigger picture before diving into a lot of details (and some code).

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The Data Journey: From Data to Knowledge to Intelligence

Let me start by making a statement that most of us may find common sense: The ultimate goal of any expedition into the Data Cosmos is to make better decisions.

Just like a chess player, we want to not only gain valuable insights from studying and analyzing Data, but also want to be able to simulate different scenarios and pick the most favorable outcomes. Lastly, we want to monitor the results of our decisions and make adjustments as needed.

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