Learn the Art of Self-Publishing: Discover the Author in You

eventbrite: Learn the Art of Self-Publishing: Discover the Author in You

Why should you write a book? 

Society of Internet Professional is pleased to invite you to Introduction to Publishing workshop:

Learn the Art of Self-Publishing
Discover the Author in You

Date
Friday, December 20, 2019

Time
3:00 pm – 5:00 pm

Location
North York City Centre, Committee Room 2

Address
5100 Yonge Street, Toronto, ON M5V 5V7

Presenter
Max Haroon, a social entrepreneur, an educator and an author who is passionate about holistic health and digital technology. Max has authored seven books in the Life Learning Series including 7 Steps to Dental Health. He has architected many websites, guides for classic books and digital publications. Review his publications at www.maxharoon.org. As a social entrepreneur, he has founded the Life Transformation Institute, Authors Promotion Group (APG) and the Society of Internet Professionals (SIP).

Event Description
Why should you write a book? If you're a professional or an entrepreneur, then there is nothing better than writing a book to establish your credibility. If you believe in circulating your business card than the book is the best business card you can give to anyone.

In this interactive workshop we will discuss traditional publishing and self-publishing. Based on my personal experience in publishing and dealing with digital technology, I have broken down the process into seven phases, such as writing, pre-printing, printing, online presence, etc.

Each phase required a different set of skills and resources, we will build basic tasks for each phase, like a project. Then you can assess what tasks you can handle and what tasks to assign someone.


Registration Information
No-charge provided you pre-register
https://book-publishing.eventbrite.ca
and also join our Authors Promotion Group on the Facebook http://bit.ly/authorsgroup

Contact for more information
rsvp@sipgroup.org or phone 416-891-4937

meetup: Society of Internet Professionals

Learn and Share the Art of Self-Publishing

Put AI to Work: A Panel Discussion May 14

SIP Talks and Panel Discussion: Put AI to Work: 

Get Ready for Artificial Intelligence in Your Business
Toronto City Hall, May 14, 2019 at 6:30 pm

Society of Internet Professional in collaboration with Big Data and AI Toronto are very pleased to invite you to SIP Talks

Put AI to Work: Get Ready for AI in Your Business
A Panel Discussion

Date
Tuesday, May 14, 2019

Time
6:30 PM – 9:30 PM

Location
Toronto City Hall, Committee Room 2

Address
100 Queen Street West, Toronto, ON M5H 2N2

Registration: SIP2019May14.eventbrite.ca
Complimentary tickets to explore the benefits of becoming a member of SIP and SIPTalks.

Refreshments will be served

For more information, please contact
Kashif Iqbal | 647-618-3625 | SIPpost@sipgroup.org
Max Haroon | 416-891-4937 | rsvp@sipgroup.org

Description

Artificial Intelligence (AI) will touch every industry. Like the advent of the Internet which threw businesses into a Digital Revolution, AI has the potential to drastically change and upend our traditional ways of doing things.

Canada has played a major role in the early days of AI. Today, Toronto is a major AI hub, home to higher education and research labs dedicated to advancing artificial intelligence research. Businesses are applying AI in unique ways that will have an immense impact on business.

Organized in collaboration with Big Data and AI Toronto 2019, join us to hear thought provoking talks from three AI expert speakers about how Artificial Intelligence can be put to work in your business, and participate in the panel discussions.

Presenters:
• Helen Kontozopoulos: What is AI?
What is AI? A brief history of Artificial Intelligence and its Business Applications.
Helen Kontozopoulos, Co-founder and Adjunct Professor at the University of Toronto, ODAIA, an AI based algorithm developed at the U of T. Helen also co-founded U of T Innovation Lab.

• Kevin Ferreira: How, What and Why?
How, What and  Why? From research to reality. Kevin will discuss how teams like at the Bell AI Lab are about to make these technologies a reality. Learn about the roles necessary to make your team succeed.
Kevin D. Ferreira, Ph.D, Sr. Manager of AI Labs at Bell Canada, where he is developing a number machine learning applications.

• Yevgeniy Vahlis: The Future of AI
The Future of AI. There's a lot to learn when it comes to AI in this rapidly changing technology. What should traditional business be worried about.
Yevgeniy Vahlis, Head of Artificial Intelligence Technology at BMO Financial Group.

Panel Moderator:
• Olivia Kitevski, Producer of Big Data & AI Toronto, Canada's #1 Conference and Expo on Big Data, AI and Analytics, organised by Corp Agency, the event management agency for the consumer and business worlds. Olivia is a founding member of Young Women in Business Toronto (YWiB).

Network with our sponsors, your peers and industry leaders.

Looking forward to presenting May 14th at City Hall #Toronto #AI https://t.co/3YfOtydD60

— Helen Kontozopoulos (@helenissocial) May 5, 2019

Photo: SIP Panel Discussion: Put AI to Work

The Society of Internet Professionals (SIP) gathered top AI experts from a Bank to Bell: Helen Kontozopoulos, Cofounder and Adjunct Professor at the University of Toronto; Yevgeniy Vahlis, Head of Artificial Intelligence Technology at BMO Financial; Kevin Ferreira, Ph. D, Sr. Manager of AI Labs at Bell Canada. The panel was moderated by Olivia Kitevski of Corp-Agency, conference Producer of Big Data & the AI Toronto Conference.

Credit: facebook.com: albums: SIP Panel Discussion: Put AI to Work

SIP Post Message Update:

Thank You for attending our biggest event of the year: A Panel discussion on AI in Your Business at the City Hall on May 14, 2019

We were thrilled to have three prominent speakers from the upcoming AI Conference (Detailed below).

It was a farewell party for Max Haroon, who is the Founder of SIP. Max revealed many personal plans, in the interview by Paul Litwack, who was the MC of the event. Max served SIP for more than 20+ years, thank you for your leadership.

Some pictures of the event are posted on the SIP’s Facebook page:
tinyurl.com/sip2019may14

Please let us know if you have posted any pictures or videos, you never know you may win a prize.

We invite you to participate in the upcoming Toronto AI Conference co-located with BigDATA conference at the Metro Convention Centre on June 12 and 13.

The exhibit Floor pass is Free for everyone
Get an exclusive SIP discount of 25% on a 2 day Conference pass (value$595), use the promo code BIGSIP.

How Can We Create A Smart City?

Society of Internet Professionals "How Can We Create A Smart City?"

This article, authored by Cory Popescu was first published on the blog of the Society of Internet Professionals (SIP). SIP is a not-for-profit, Toronto (Canada) based International organization to connect, learn and share. Our Vision is to provide the opportunity to leverage technology to have an inclusive future for everyone. Since 1997, SIP has spearheaded many initiatives, educational programs, and networking events.

Futuristic city might be closer to becoming a daily life sooner than we think. There have been a great number of projects calling for the creation of smart-city. Although plans have shown big and at first instance easy to handle, many ran behind the schedule, lower their initial designs and involved lots more resources than planned. None was created so far, leaving us to ask for a better living, desiring to spend our work and leisure time in more affordable and environmentally friendly urban areas.

One project on creating the smart city which seems to approach its goals faster is promoted by the New York company Sidewalk Labs, a subsidiary of Alphabet. The project is aimed to reshape the Toronto Waterfront former industrial area to successfully integrate state-of-the-art digital technology with advanced urban design. This Quayside project will build the whole Toronto neighbourhood from the bottom up while rethinking the urban strategies of affordable and good living in the same time making use of the latest high-tech.

The Quayside was announced in October 2017 and work is aimed to start in 2019. This ingenious project targets their decisions about policy, design, and application of technology on information from a broad and comprehensive network of sensors. They are designed to intensively collect data from a variety of sources, including people’s activities, noise levels, air quality, public infrastructure.

Sidewalk Labs intends to open access to the software and its own systems and then other companies would build services based on their infrastructure. This seems similar to building apps for mobile phones.

The design of the smart city includes daunting ideas such as all vehicles shared and autonomous. Underground robots will do different routine jobs like delivering the mail.  One of the key components of the rebuilding this urban area using innovative high-tech represents close monitoring of public infrastructure. While this could be intruding in data and privacy, the concerns can be alleviated by open communication and public support.

Sidewalk Labs firmly supports communication and open cooperation with the community and the local government to seamlessly make the transition from the current low-tech old infrastructure area to a thriving community embracing a combination of latest digital technologies and leading metropolitan design.

Sidewalk Labs’ executives also bank on Quayside project sense of humility backing the urban-systems planning. They believe that this humility may help the success of this project compared to others that doomed past smart-city initiatives.

One successful project certainly opens incredible avenues for more developments regarding neighbourhoods which base their living on continuous and progressive yet enlightened sensing.

Cory Popescu

Your comments are welcomed

Click on the links below to read the other articles by Cory Popescu:
Can Cloud-based AI Boost the Economy?
Is It Possible To Get 100% Privacy On The Internet?
Why Incorporate Blockchain in Your Business?

Related Video:

youtube video: Inside Sidewalk Labs' Toronto HQ
ITWC got a tour of Google's sister company Sidewalk Labs' Toronto headquarters.
Published by ITWC on Nov 7, 2018

Learn the Art of Public Speaking & Communication

Screenshot: SIPpost: October 25, 2018: Learn the Art of Public Speaking & Communication

SIPpost: October 25th 2018

In this issue: 
•    SIP&Toast conducts a course in the Art of Public Speaking
•    Article on Technology

Learn the Art of Public Speaking and Communication

Is Public Speaking only for Politicians?

No, Public Speaking is not only for Politicians, we all speak publicly and wish to communicate with others more efficiently, leaving a positive value and impression behind.

Here is as an opportunity for speakers and non-speakers to learn the Art of Public Speaking.

A group of advanced Toastmasters will conduct a Speech-craft course as six interactive workshops.

Dates: November 7, 14, 21, 28, December 5, 12
Every Wednesday for six weeks, commencing on November 7, 2018

Time: 7:00 pm to 9:00 pm.

Venue: The Lounge, Richmond Green Sports Centre
1300 Elgin Mills Road E.,  Richmond Hill  ON   L4S 1M5

Details and Registration:
A special price for SIPpost subscribers: Only $80 for six workshops
https://speechcraft1.eventbrite.ca

Max Haroon  |  max@siptalks.org  |  416-891-4937

About SIP&Toast
SIP & Toast is a Richmond Hill, Ontario’s community based Toastmaster new club to foster leadership, boost speaking and communication skills by having weekly meetings.
Our members come from diverse background, such as Technology and health practitioners and everything in between of all adult ages.

Follow us on the Twitter
Join the community on the Facebook

= = = = = = = =

Is it Possible to Get a 100% Privacy?
The developers at Zcash consider that this method can become reality as they have been working and developing it. It's called zk-SNARK which stands for “zero-knowledge succinct non-interactive argument of knowledge”. The protocol allows users to execute transactions anonymously. Zcash are themselves crypto currency creators. They also create the zero-knowledge proof cryptographic protocol which can prove no doubt existence of something without revealing the actual information and thus keeping it private.

Read More

Can Cloud-based AI Boost the Economy?

Society of Internet Professionals "Can Cloud-based AI Boost the Economy?"

This article, authored by Cory Popescu was first published on the blog of the Society of Internet Professionals (SIP). SIP is a not-for-profit, Toronto (Canada) based International organization to connect, learn and share. Our Vision is to provide the opportunity to leverage technology to have an inclusive future for everyone. Since 1997, SIP has spearheaded many initiatives, educational programs, and networking events.

Currently Artificial Intelligence (AI) penetrates faster in the tech industry, since it has increased the volume of new products and services in an efficient way and the structure of development, production, and delivery seems suitable to the implementation of this cutting-edge technology. Still plenty of other businesses and industries have yet to take advantage of the advances in this relatively novel application field. In medicine, energy or manufacturing sector, a more intensive and comprehensive application of AI could dramatically transform these fields while boosting the economic productivity.

Not only AI enters a particular sector, high-tech, also within it only a few major organizations make use of it to create expansion through volume and efficiency at unbelievable higher speed. Companies like Google, Amazon, Microsoft, Baidu and some startups engage AI in their matrix since it may be acceptable price-wise, while for the most part and all the rest of our economy, this novel technology proves difficult to implement and extremely costly.

Therefore, companies like Amazon, Microsoft, and Google aim to create cloud-based AI to make the technology cheaper to be implemented and used effortlessly. This leading-edge cloud-based AI is available now and by expanding it to lots of organizations it could trigger more economic development. Therefore, the solution is to bring AI and cloud-based machine-learning tools to large audiences.

In this pursuit, Microsoft has Azure, its own cloud platform and by cooperating with Amazon they are working to offer an open-source machine learning library called Gluon. This is created to engage building neural nets to become a core AI technology to copy and apply the processes of learning exposed by the human brain.

Although at this time, Amazon dominates cloud machine learning with AWS, Google is following suit with an open-source AI library named TensorFlow. This library proves powerful since it can develop and build further machine-learning software. Also, on designers’ table a priority represents the simpler use and implementation of AI, and the recent Google pre-trained system suit Cloud AutoML, promises to do just that. Both organizations start preparing consulting services to cover the shortage of cloud-based AI specialists who can spread the knowledge of the leading-edge AI.

The future will tell who is going to spread more and what quality of AI. It certainly represents a huge business opportunity for those involved. The cloud-based AI technology has great chances to expand and comprehend various sectors untouched so far. We can only realize the true benefits… and the downsides of AI once the cloud-based is ready to roll and found at almost everyone’s fingertips.

Cory Popescu

Your comments are welcomed

Click on the links below to read the other articles by Cory Popescu:
Is It Possible To Get 100% Privacy On The Internet?
Why Incorporate Blockchain in Your Business?
Blockchain: Unbelievable Transactions Blockchain Can Promote!

Is It Possible To Get 100% Privacy On The Internet?

Society of Internet Professionals "Is It Possible To Get 100% Privacy On The Internet?"

This article, authored by Cory Popescu was first published on the blog of the Society of Internet Professionals (SIP). SIP is a not-for-profit, Toronto (Canada) based International organization to connect, learn and share. Our Vision is to provide the opportunity to leverage technology to have an inclusive future for everyone. Since 1997, SIP has spearheaded many initiatives, educational programs, and networking events.

The developers at Zcash consider that this method can become reality as they have been working and developing it. Its name is zk-SNARK which stands for "zero-knowledge succinct non-interactive argument of knowledge". The protocol allows users to execute transactions anonymously. Zcash are themselves crypto currency creators. They also create the zero-knowledge proof cryptographic protocol which can prove no doubt existence of something without revealing the actual information and thus keeping it private.

While Zcash develops their own crypto currency they also find extremely useful and practical to perfect the emerging tool called a zero-­knowledge proof. It seems that science researchers have worked on this technology for a while and it hasn’t become so desired until today when the crypto currency transactions industry experiences high growth and most of the crypto currencies are not private.

What is the application of this tool? If you need to do something online that requires sensitive information, like your date of birth, and the bank account balance so the transaction can be successfully closed, this becomes possible since the new protocol allows the subject to prove these requirements without revealing sensitive personal information which could expose them to identity theft or risking their privacy.

The tool is available now for the increasing economy demands. Important key companies developing and/or using this remarkable tool are: Zcash, JP Morgan Chase and ING. As seen, some major financial institutions keep interested in this, as it could allow them to use blockchains in payment systems and in the same time protecting their clients’ privacy. Just recently JP Morgan Chase implemented the protocol called zk-SNARKs to its blockchain-based payment system to enhance the privacy of their transactions. For instance, most public blockchain systems including Bitcoin expose their transactions to the public and certain parameters within including users can be identified even though these transactions are considered anonymous.

As normal with the first appearance of such complex and novel tool, the computation seems slow and convoluted. The initial setup involves the implementation of a “trusted setup,” which generates a cryptographic key still vulnerable to system breach when used involving the wrong intentions. Even having barriers of this sort, the scientific research continues to improve this tool. They are looking at more efficient alternatives to implement and execute zero-knowledge proofs without using the compromising cryptographic key. Even with all obstacles intrinsic to new-born technologies, the zero-knowledge proof is described by Vitalik Buterin, creator of Ethereum as an "absolutely game-changing technology."

Cory Popescu

Your comments are welcomed

Click on the links below to read the other articles by Cory Popescu:
Why Incorporate Blockchain in Your Business?
Blockchain: Unbelievable Transactions Blockchain Can Promote!
Blockchain: Growth and Limitations

Art of Public Speaking: An Introduction

Introduction to Speech-craft: Learn the Art of Public Speaking
by Society Of Internet Professionals (SIP)

Join us for the Introduction to Speechcraft and learn the art of public speaking:

Introduction to Speechcraft
Learn the Art of Public Speaking

Date: Thursday, August 2, 2018
Time: 6 pm - 8:30 pm

Venue: Metro Hall
Location: Room 309, 55 John Street, Toronto, ON M5V 3C6

Event Description:

Do you think the content of your speech is King? Yes, only in your written communication. There is some truth in the old adage “It’s Not What You Say—it’s How You Say It! In fact, 80% of your presentation is not what you say, but the way you present it.

This seminar will make you aware of seven essentials of preparing and delivering speech, so that you will gain confidence in the art of giving presentations, either professionally or informally.

This workshop will be followed by a follow-up workshop where your speeches will be evaluated by a panel of credited toastmasters.

You Will Learn:

• Structuring your Speech
• Preparing Speech
• Planning for your audience
• Using your voice
• Using your body language
• Adding Vocal variety and words
• Listening to Your audience

Registration
This and its follow up workshops are only open for SIP members. Free for SIP members.
Become a member for $100 annually and attend most of the networking meetings and educational programs free.

http://www.sipgroup.org/become-a-member/

Register at: https://sipevent1.eventbrite.ca

Visit our website for details: http://sipgroup.org/
Email: SIPpost@sipgroup.org
Phone: 416-891-4937

SIP and Toast: Introduction to Speechcraft: Learn the Art of Public Speaking
by Society Of Internet Professionals (SIP)

Volunteer Appreciation Celebration

Society of Internet Professionals (SIP) wants to Thank all Volunteers for their time and energy in making the organization successful.

Volunteer Appreciation Celebration Summer Bash

Please join us for some great BBQ (Veg & Non-veg) along with (Non alcoholic) drinks by the beach.

When:
Thursday, June 28, 2018 from 6:00 PM to 8:30 PM

Where:
Woodbine Beach
1675 Lake Shore Blvd E, Toronto, ON M4L 3W6

Registration:
Like all our events, FREE for Volunteers and Members
Guests are welcome with a $5 contribution.
Must RSVP at events@sipgroup.org by June 26.

For more information send an email to Vikas Ramrakha, VP Events at events@sipgroup.org

Network with our sponsors, peers and some industry leaders.

Photos of  Summer BBQ to appreciate volunteering work of SIPpers on June 28, 2018
‎SIP & Toast‎ Society of Internet Professionals

 Summer BBQ to appreciate volunteering work of SIPpers on June 28, 2018
SIP & Toast added 6 photos to the album SIP Volunteers BBQ.

Wake up and Touch the Blockchain: SIP Talks March 22

Society of Internet Professionals Blockchain SIP Talks
Wake up and Touch Blockchain: March 22, 2018 at ThatChannel, Toronto

Join us for the 3nd Blockchain: Technology, Applications and Implications event of #SIPTalks and explore what is Blockchain and how it will affect your life....very, very soon!

Wake up and Touch Blockchain
Integrating Blockchain in Your Business

Date: Thursday, March 22, 2018
Time: 6 pm - 8:30 pm
Registration, refreshments and meet SIP Team and Speakers at 5:30 pm

Venue: Internet TV Station - ThatChannel.com
Location: 600 Bay St, Suite 510, Toronto, ON M5G 1M6, Toronto

Event Description:
We are pleased to invite you to the Final of the three series in our newly launched #SIPTalks.
We began with a successful January session: “Wake up and Smell Blockchain” including three experts discussing how to harness Blockchain in your life.
The Second session: "Wake up and Taste Blockchain" three expert 'Talks' followed by a panel discussion about security, legalities and mining of various cryptocurrencies.
For this Event "Wake up and Touch Blockchain", once again we will follow the same structure, three experts who will simplify Cryptocurrencies in 20 minutes talk time each, followed by a panel discussion.

Come early, by 5:30 to Network and meet Peers and Industry Leaders.

Speakers:
• Paul Liu, the Founder and President of Fast Access Blockchain.
Paul is a leading IT expert with over 20 years’ experience in developing financial, supply-chain applications. He was the first general manager of China Unionpay Financial Network where he led and developed a series of large scale applications. Paul designed the FAB model to achieve highly scalable enterprise applications that can support a high number of transactions and information using important ground breaking technologies including KanBan, SCAR and CCUA. Those unique technologies together make FAB one of the first blockchain that meets real business and commercial uses.
Topic: Blockchain scalability and practical enterprise applications

• Garlam Won, the Chief Strategy Officer at TIP Blockchain.
Garlam is a strong strategist with background in Investment banking and management consulting from JP Morgan and Deloitte. He has built numerous products in his career through his startups and as a product manager. Currently, Garlam is working at TIP Blockchain to build a product that is easy and familiar to use for average users.
The blockchain space is currently littered with projects and functionalities that make it hard for the average user to understand, let alone use the technology. Mainstream adoption will only be possible once people are free from checking their address 5 times, character by character, before they can send money to themselves.
Topic: User Un-friendly Blockchain

• Russell Korus, Co-Founder and CEO of EZ.Exchange.
Russell is a self-avowed futurist and a leading IT expert with over 20 years’ experience in developing financial, supply-chain applications. He has been a Blockchain visionary and cryptocurrency evangelist since first discovering this groundbreaking and innovative space. As an angel investor, Russell has been focused on investing and start-up incubation for new tech ventures.

Topic: Breaking down the barriers of entry into the crypto market

+ 'Surprise 4th Guest Speaker'

In panel discussion we will be incorporating Personal Experience on Floating Cryptocurrency. 
 
Panel Moderator:
• Elena Yunusov, the Founder and Head Marketer of Communicable Inc.
Elena works at the intersection of digital communications and experience design and her marketing firm works well with large organizations and tech startups, including Pressly, Ritual, City of Toronto, Symbility Intersect, MaRS, EDIT by Design Exchange, Influitive, Wealthsimple, Connected Labs, Vox Pop Labs, Ontario Arts Council, Jane's Walk, Toronto Maker Festival, and others.

Network with our sponsors, your peers and some industry leaders.

Registration Information:
$30. Early Registration, before March 18 is $25.

Free for SIP members, become a member (only $50/year).
Existing Members, please send an email to sippost@sipgroup.org to reserve your ticket.
Membership has many other perks, including Live Streaming of the event. Link will be emailed on the day of the event.

Details and registration: https://SIPblockchain3.eventbrite.ca
SIP Membership Details: http://www.sipgroup.org/membership/

For more information or sponsoring opportunity, send an email to
Vikas Ramrakha, VP Events at events@sipgroup.org or phone 416-558-3061

Check out our SIPTalks First Blockchain series discussion Wake up and Smell the BlockChain!
Check out our SIPTalks Second Blockchain series discussion Wake up and Taste the BlockChain!

If you would like to learn more, please read an article by Cory Popescu Why Incorporate Blockchain in Your Business?

Photos of the event are posted on the Facebook

Photos: Final Panel Discussion of Blockchain event of #SIPTalks. Speakers: Paul Liu, Garlam Won, Russell Korus, Kyle Bowles. The panel was moderated by Slava Apel. 

Photos of the event are posted on the SIPgroup Facebook.
Please tag them and use the hash tag #SIPTalks.

Thank you to everyone who joined #SIPTalks Wake up & Touch #Blockchain at @thatchannel. It was an amazing & informative evening. A special thank you to panelists @paullby @GarlamWon @russellkorus Genia Mikhalchenko @blockchainRI Kyle Bowles @Uecosystem @slavaapel for moderating. pic.twitter.com/7BnGGNpVDB

— SIP Association (@sipgroup) March 23, 2018

Why Incorporate Blockchain in Your Business?

Society of Internet Professionals Blockchain SIP Talks

Wake up and Touch Blockchain: March 22, 2018 at ThatChannel, Toronto

This article, authored by Cory Popescu was first published on the blog of the Society of Internet Professionals (SIP). SIP is a not-for-profit, Toronto (Canada) based International organization to connect, learn and share. Our Vision is to provide the opportunity to leverage technology to have an inclusive future for everyone. Since 1997, SIP has spearheaded many initiatives, educational programs, and networking events.

Blockchain, the database (underlying the bitcoin and other cryptocurrencies) transactions is shared by all nodes present in a system. During the transaction, every connected computer receives an instance or copy of this chain with data records.  They provide proof of every transaction which takes place at every network location and address with their corresponding costs and benefits.

So, why would a business incorporate blockchain? Since it presents several powerful features, as described below, this progressive technology opens extraordinary ways to develop new fields and solve current matters.

Simplifying Operations
Being a distributed database, blockchain operates as an open electronic ledger. It contains the records at each location allowing transaction transparency and ease of processes. Consequently, it leads to simplifying business operations for the parties involved in each transaction. Thus, one can evaluate the returns based on the values committed to every particular location of the blockchain database.

Abiding Transactions
When during the existence of a transaction many steps exist and data records prove necessary to synchronize with the company or industry business model, blockchain supports creating unchangeable and permanent records in the chain. They are easily viewable depending on the security access model used. They are not dependent upon a centralized hub and the blockchain permits the generation of immutable records for every transaction passing through different states within the database.

Problem Solving putting Business and Organizational change First
Due to its flexible, dynamic and powerful structure, blockchain allows change in your business and organizational models to successfully complete the expected goals.  By using the right approach to analyze and act first and foremost on the business and organizational structures in order to change aiming for improvement, this avant-garde technology can be engaged with outstanding results in resolving current industry issues.

Adding Value
In current economy one finds numerous business processes which carry the burden of costly intermediaries who provide no value. Blockchain technology provides fertile place for introducing and utilizing it eliminating steps which do not add meaningful value and which benefit the industries currently requiring intermediate channels.

With above-mentioned aspects suitably applied in various circumstances the blockchain technology that provides the base for cryptocurrencies transactions inaugurates and could successfully expand in all fields and industries while having a profound and prevalent impact.


References:
Techloyce LTD: Blockchain Technology Explained to Understand it
Fundera Inc.: Entrepreneurs: Here’s Blockchain Explained Just for You

Cory Popescu

Your comments are welcomed

Click on the links below to read the other articles by Cory Popescu:
Blockchain: Unbelievable Transactions Blockchain Can Promote!
Blockchain: Growth and Limitations
Efficient Action Lists: Your Effective Time Management Tool

SIP Talks panel discussion Wake up and Touch the BlockChain!

If you found this article of interest and would like to learn more, please consider attending SIP Talks panel discussion Wake up and Touch the BlockChain on March 22, 2018 to explore what is blockchain and how it will affect your life....very, very soon!
Read more and register here: https://sipgroup.blogspot.ca/2018/03/wake-up-and-touch-blockchain.html