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How Companies Are Using Blockchain Technology

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How Companies Are Using Blockchain Technology

You must have come across Blockchain technology being touted as one of those revolutionary technologies that have tremendous potential to transform businesses and companies worldwide. What exactly does this technology change? In what all sectors this gen-next technology is making unprecedented progress? And, finally, how this technology of distributed ledgers is making waves in the digital world?

Let’s answer these questions in detail and know how blockchain can bring a new future to the world we know today.

Blockchain is defined as the modern technology responsible for handling data and transactions over a network. This distributed ledger technology keeps track of every entry in the ledger; not only on one computer in a network, but also on millions of other computers on the network. Every transaction is encrypted in such a way that it is virtually impossible to tamper with the information data on the blockchain. This safety feature guarantees trust, which is established through code and collaboration in the network.

Blockchain—Bringing big transformation

Many big businesses and companies are integrating blockchain in their processes and operations. Some of the significant contributions offered by blockchain include:

  • Great transparency
  • Security
  • Traceability
  • Reduced costs
  • Superb efficiency and much more.

Because of these and many other benefits, blockchain is proving to be a disruptive technology, bringing innovation, interoperability and data integrity to businesses, govts, financial institutions, all alike. While this technology has immense potential to revolutionize the structural business, there are still some sectors where this technology is booming:

  1. Banking and financial services

Bringing trust, new transparency standards and higher efficiency levels, blockchain is proving to be a promising solution provider for the banking industry. Not only this, better customer experience, speedy financial transactions are also offered by blockchain along with secure networks.

  1. Healthcare services

In the wake of Covid-19, blockchain is contributing to the healthcare industry in terms of zero contact delivery of services, electronic record keeping, traceability in supply chain processes and interoperability issues that were faced by the life-sciences sector. In addition to serving the current crisis in healthcare, blockchain has enough to give to this industry to help millions around the world.

  1. Government

As governments today are finding ways to shift base from traditional systems of handling work to more sophisticated standards of procedures, blockchain is steering clear head in this field by providing necessary transparency, speedy work, reducing risks of data leaks and many other benefits.

  1. Retail and supply chain

The global big leading players in retail are banking on the key advantages blockchain has to offer to the supply chain mechanism industry. Blockchain is providing greater trust, increased consumer confidence, more revenue opportunities and much more across the global supply chain with real-time insights into products and processes.

  1. Automotive

This is one industry that changes with rapidly changing technologies and innovations. For blockchain, it is just simple how it helps the automotive field in its fast mobility services, safe financial transactions and outstanding supply chain traceability. All from the production level to the end process of smooth functioning and finally delivering, is taken care efficiently by blockchain.

  1. Entertainment

As we are witnessing AI in our OTT platforms, blockchain is also an essential service provider in the media industry. Everything from transparent online buying, paying for services or just subscribing to some online services, blockchain is delivering best results in the form of reduced costs, better trustworthy options, thereby eliminating online frauds.

  1. Telecommunications

For better functional operability, the telecommunications industry can rely upon blockchain. This technology is known for its operational efficiencies, speedy transactions and more revenue-building due to reduced costs. With long-term goals in mind and having more and more subscribers on board, telecom can easily trust blockchain for numerous benefits.

  1. Travel and transportation

The industry that never stops and always moving, blockchain invariably provides best solutions for it. To move this industry that moves millions of people, objects and parcels all over the world, this technology brings quick transactions, reduced frauds and streamline operations.

  1. Insurance

As we discussed how banking and financial services are being highly supported by blockchain, we can easily say that the insurance sector is also being helped in similar ways here. Better record maintenance, trust in the networking and secure transactions are some of the key features that are forming the backbone of the insurance sector currently.

  1. Education

Since the advent of covid-19, almost all the learning is happening online. The times are not far when an individual would get an institutional degree online. This sector has to explore a lot with blockchain, when it comes to distance learning, sufficient education database and record keeping, and bringing global universities together on one platform to educate the world.

Future of Blockchain

There are still many large-scale and small-scale industries that are benefiting from blockchain. And it wouldn’t be any lesser to say that this technology will disrupt businesses in the coming years in a more rapid and efficient way.

Blockchain is transforming the world with its impeccable transparency, efficiency and traceability, which are all re-shaping businesses and industries across the globe. It is adding value, building trust and new standards of operational interoperability.

As the world fast approaches towards smoother and secure transactions, the need for more knowledge building and sharing in this field cannot be avoided. It is indeed the need of the hour for all the tech entrepreneurs to come together to educate the world about this cornerstone technology with unbelievable potential. To harness the best out of this technology, one has to be well versed with the basic know-how of blockchain. Not only this, it is also advisable to keep track of the current trends and developments happening in the world of blockchain. All of this required most, because as any other technology, this technology is also believed to be in its nascent stage, and still a lot of exploration is needed here.

Conclusion

So, if you are someone who is looking to begin or explore this newest technology, you can refer to Blockchain Council, which is a blockchain community platform helping individuals build their blockchain knowledge. It is providing industry-approved certifications that are expert made and hold high value in the international job market. In the blockchain platform, the demands are high and ever-increasing for a blockchain expert and blockchain developer .

Tap this lucrative market offered by blockchain and give yourself a bright future.

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SEO

Conversational AI and Customer Experience Automation: What to Expect in 2021

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Customer Experience Automation

AI has become an integral part of any organization’s work. It can make a positive contribution to brand reputation, cut costs, and even increase profits.

With its help, companies process personal data, consumer preferences, and the history of their interaction. AI builds forecasts of consumer behavior based on this data, what kind of product will be in demand in the future, and much more.

Also, artificial intelligence provides a personalized customer experience. While voice recognition still remains a puzzle to developers who are trying to create an algorithm that will mimic human-like communication as much as possible.

Let’s take a closer look at what trends in customer experience and conversational AI are taking place in 2021 and what to expect in the future.

Conversational AI and Customer Experience Automation Trends

1. Personalized Customer Experience

Because of the fast pace of life, people began to value their time more. We are bombarded with gigabytes of content every day that we can’t process. Therefore, it is tough to capture the client’s attention.

Customers buy on the go, so they want an app-like shopping experience without swamping their phone memories with heavy apps. Some impressive progressive web app examples illustrate that companies convert their websites to PWAs to provide a polished shopping experience and smooth navigation.

In 2021, customers no longer accept a general approach.  Now companies can achieve results with audience segmentation and a personalized strategy. And that’s one of AI capacities.

When collecting data, artificial intelligence allows for analyzing potential and real customers. It lets you personalize everything from content to reviews, recommendations for products and services.

Assess who you are targeting. What are the common interests of the selected group? How many people will receive information?

What’s more, you can go beyond just segmentation. Look for interesting information for the consumers, learn new things about them, and offer a product or service that suits best.

An example of personalized recommendations is the “You may also like” section on the product pages. They are not just random collections of goods but similar products that may appeal to you. You can check it out in the screenshot below taken on the Ariat website.

Ariat

2. The Omnichannel Approach Is Key

In the field of customer experience (CX), we will see more sophisticated customer interaction strategies. Channels for CX are expanding and going beyond just offline or online.

According to statistics, 51% of companies use at least eight communication channels to interact with clients.

In 2020, customer service was complicated by the transition to online trading. It required companies to refine their customer experience approaches and enable an omnichannel experience. With this approach, the customer can interact with the brand via social media and continue communication via phone or SMS.

The company provides a seamless and integrated experience and preserves customer data, so they don’t have to repeat the same thing every time. From the first to the last contact, the user has no friction along the entire customer journey.

3. Chatbots Will Become Smarter

Primitive chatbots are a thing of the past. As companies accumulate more information, chatbots will become smarter. They will need to switch to customer support specialists less and will respond to advanced queries. In addition, chatbots will be increasingly personalized. They will adapt to the individuals to solve their routine tasks.

Chatbots won’t only inform but also take action, and it’s already the case. For example, a client using a chatbot can order food delivery, book a table in a restaurant, or a hotel room.

I provide the screenshot below as an illustration of my words. It is Dom, Domino’s pizza virtual assistant. Customers can save time without browsing the site or downloading a mobile application. Instead, the chatbot will collect and send all the information to the system.

Domino’s

Also, chatbots will develop in the direction of better voice recognition. High-quality systems will be able to understand accents, slang and analyze speech amid the noise. For quick customer identification and additional service capabilities, voice bots will use biometrics technologies.

The most probable trends in bot creation include:

  • the ability to extract and accumulate knowledge from dialogues (i.e., self-learning of chatbots),
  • the power of chatbots to communicate with each other to exchange “knowledge” and “skills”.

Final Thoughts

In the 2020s, AI will integrate more deeply into the customer service infrastructure. Trust in technology will grow, and approaches to using conversational AI in corporations will mature. Thanks to the accumulated data, bots will predict the reasons for support calls, relying on the communication history and personalizing the communication with each client.

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SEO

5 Most Common WordPress Errors & How to Fix Them

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Wordpress error and how to fix them

WordPress is a content management system that is slick to use and helps you in building websites and build e-commerce website design. With the help of plug-in architecture and template systems, you can customize any website and create an online store or start your business. However, most businesses hire WordPress experts to solve their web development issues.

Here this article elaborates the common errors that people make in WordPress development along with the solution.

List of Top 5 WordPress Common Errors 

1. The “White Screen of Death”:

One of the cryptic errors in WordPress is White Screen of Death. This error turns your website into a complete white blank with nothing in it. When the site is not loaded properly, then this error usually takes place.

Way to Fix: To fix this error, you need to disable your faulty plug-in. At times, the culprit is your theme and you need to disable the theme and activate the WordPress debug mode- This will let you see the errors directly on a specific page. You can pinpoint the cause of WSoD. Finally, you need to Purge your cache and raise your memory limit.

With the above-mentioned methods, your error would be fixed. Still, if you continue to face the issue, then you should seek assistance from your hosting provider support team.

2. Internal Server Error:

When a foreign issue takes place in the server, the server does not know how to react to it and thus you end up having this issue. Fortunately, there are fewer chances for this error to take place, but whenever you do you can’t just sit back and wait. You need to solve the issue.

Way to fix: .htaccess is the name of the file that directs how your site will communicate with the server. .htaccess file is used to secure your site and to override some default server settings. You need to disable this file, you can find this file in the site’s root directory. There is not any rocket science that you need to apply, just change the name of the file. 

If after changing the name, your server error is resolved then you need to generate a new .htaccess file. For that, you need to go to the Admin dashboard > accessing settings > permalinks. Just click on save changes to generate a new file.

3. 404 Not Found Error:

Any non-technical and any internet user will be aware of this 404 Not found error. It is the most familiar error. This error takes place when the server is unable to request the page. .htaccess file is again responsible for this error as this file handles your hyperlink structure.

Way to Fix: The simplest thing to do is refresh the page. Here refresh means, edit and update the page. You can try changing the permalink and re-upload .htaccess files. The easiest thing to do is create a new file and name it .htaccess. Don’t misspell the name. You can upload the file to the root folder of the site. This way, your 404 not found error will be solved.

4. Error Establishing a Database Connection:

When your site can’t access the database, you will see this error. The database has all content stored, which includes information, posts, pages, and many more. When you are not able to access this important data, your site is not going to function at any cost.

Way to fix: To fix this error, go to the root folder, and access the wp-config.php file. To view or edit, click on the right side of this file. First, you need to check the credentials and see if it’s the same as the exact details. If you find any wrong in the credentials such as hostname, password, or username then correct it and your issue will be resolved.

If the error persists then you need to activate WordPress’s automatic database optimization tool. This tool can repair your corrupted database, and later you can define and save the file. You can run the new script in your browser. You will be asked to repair and optimize the database and finally, your issue will be resolved.

5. Connection Timed Out Error:

When the site takes a long time in loading, then you are highly likely to see this error of connection time out. In this error, the server struggles to load and then give uploading. When the site does not have enough resources for it to function, then this error happens.

Way to fix: You need to apply higher-tier to avoid this error. With higher-tier, your site will have more resources and it won’t need to load more. You need to optimize the speed of your site to avoid this issue. You can also check your theme if that is a hidden cause of this issue.

Conclusion:

If you are planning to use WordPress for your eCommerce website then you should be aware of those above-mentioned solutions to overcome those mistakes. Else it’s better to approach a reliable WordPress Development Company to build your eCommerce website.

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APPS AND SOFTWARE

Get the Most Out of Cloud Computing with Backblaze

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Data Recovery

When you’re looking at data backup software programs, Backblaze B2 vs. AWS S3 can be an interesting comparison point. Both programs offer a service with which to back up all of your files in your private cloud. However, they have different service offerings. Let’s look at how Backblaze B2 vs. AWS S3 to find out which one is the best choice for your business.

Keep data Protective:

Backblaze cloud storage is a data backup service that lets you store data in its private cloud. Rather than having all of your information stored on a traditional data server, this kind of service stores all of your information on their virtual cloud. To do this, it makes use of its virtual machine.

It can use all sorts of technology – including the Amazon EC2 – to make sure that your data stays protected no matter what happens to the actual physical machines that it is kept on. It stores its backups on Amazon’s main server.

Able to View All your Files:

The way that Backblaze B2 works is by allowing you to create a web interface that you can use from your website. When people come to your site, they can access the Backblaze cloud backup page and view all of your files on the cloud. They can then download these files into their computers and upload them to their hard drives. You can also access your files from any computer with internet access through the Backblaze web interface.

Schedule Multiple Backup Events:

The nice thing about Backblaze B2 is that it offers a lot of additional features for the money that you pay. One of those features is its built-in scheduler. This lets you schedule multiple backup events so that your company’s data will always be backed up no matter what you’re doing. Another benefit to using Backblaze B2 is its excellent ability to intelligently consolidate data into small chunks that are easy to access. Through this process, you’ll get an improvement in the speed at which your files transfer to your other computers and flash drives. This helps you to save a significant amount of time when it comes to your data backup operations.

Offers Unlimited Cloud Storage:

Since Backblaze’s service offers unlimited cloud storage, you can store any number of documents and other data and quickly create a timeline to retrieve them all on one computer. You don’t have to worry about keeping up with hard drives’ storage capacities, which is essential if you need to Backblaze frequently. Instead, you can let the service run on its schedule, with your files stored in an off-site data backup facility so that you can access them from any computer.

The best thing about Backblaze is that it lets you access your data from any computer with an internet connection. Because the service is cloud-based, all your files are stored in a secure online data backup center. This means that even if you experience a hardware failure at your office, you’ll still be able to access your important files and information – as long as they’re in an internet zone. That redundancy is extremely important for any business because, in today’s age, the value of one person’s data is no longer insignificant.

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