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Simplifying Business Processes Using Blockchain Technology

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Blockchain technology stores transactional records, known as the public block, in several databases, known as the ‘chain,’ in a network connected through peer-to-peer nodes. Typically, this storage is the ‘digital ledger.’ It is a decentralized way of documenting transactions in chronological order. Each network partner has access to the entire blockchain and its history. The accounts of all participants are updated with information with every new transaction recorded. COVID-19 & Blockchain Technology The ongoing situation can create some challenges in the market of blockchain. It can play an essential role in digital transformation activities and initiatives amid the crisis. The technology finds its use for public health data surveillance, crisis management, medical supply management, etc. The Coronavirus outbreak has led to the development of many applications using blockchain technology. For instance, in March 2020, WHO launched a blockchain platform to fight COVID-19....

High Value Patents and Infringement Cases of Cloud Computing Technology

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Cloud computing is undergoing tremendous growth since the computing industry is gradually switching to the cloud. Companies are rapidly filing, selling, acquiring, licensing and monetizing cloud patents due to the growing importance of cloud systems. In patent lawsuits, these patents are now being more aggressively enforced. Over the last few years, patent litigation for cloud computing has increased. To gain an edge in the market, organizations acquire and assert broad patents to sue competitors for infringing the patent claims . 1. US8856221B2 The US’s 221 patent assigned to ROTHSCHILD BROADCAST DISTRIBUTION SYSTEMS LLC describes a remote server system to receive a request message with media content and consumer device identifier corresponding to a consumer device. The processor determines that the consumer device identifier corresponds to the registered consumer device. The requested media content is available for storage when the request message is the storage request message...

Role of Artificial Intelligence in Intellectual Property

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For decades AI has been a technology that can manipulate large volumes of data efficiently and quickly. It can also help identify the patterns and speedily analyse the ideal solution, which can be applied to several day-to-day scenarios. Moreover, it has been set to come of age in the era of big data and real-time decisions, where AI can offer solutions to old challenges and issues. Let’s take, for instance, traffic management. London’s initial traffic management system was a manually operated gas-lit traffic signal that exploded two months after its introduction. Since the inauspicious start, a complicated network of road closures, traffic lights, traffic management, and pedestrian crossings have served to drive the complexity of traveling in the city. Now traffic goes more slowly than ever, so several new systems are added to manage the system better. AI can change it. It can instantly gather information on the traffic volumes, current blockages, and historical trends to provide ...

Promising Future Of P2H Technologies In Decarbonizing The Industrial Process Heat Sector

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Power-to-heat (P2H) is one of the most recent growing trends (energy transition) in the high-temperature (>500°C) industrial segment space, and it refers to a system of heat pumps or boilers that transform electric power into effective heating or cooling. The global energy crisis and the policies promoting net zero coalition will likely soar the demand for P2H equipment. Also, the autonomous intergovernmental organization, IEA, has projected that the accelerated adoption of heat pumps can reduce global carbon dioxide (CO2) emissions by at least 500 million tonnes in 2030. Market Dynamics of P2H Technology Equipment Industrial process heating consumes over 28% of the world’s energy; thus, we can foresee the electrification of industrial equipment as a big opportunity for manufacturing companies to improve efficiency and lower their carbon footprint. By electrifying production processes, businesses might dramatically reduce carbon emissions by using fewer fossil fuels, boost the e...

Live Webinar - Alzheimer’s Roadmap: Addressing the challenges for Improved Outcomes

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We are organizing a webinar on “Alzheimer’s Roadmap: Addressing the challenges for improved outcomes,” which will primarily focus on the market scenario addressing the significant hurdles the pharmaceutical companies face and how they can be addressed. The webinar will be conducted on 6th June 2023 for Europe at 05:00 PM CEST and for the US at 8:00 AM PDT. Alzheimer’s disease (AD) was not the most researched indication among pharma/biopharma companies until the US 2020 census declared that the prevalence of clinical AD could be 11.3%. As per the Alzheimer’s Association, more than 6 million people in the US are living with the indication, and over 11 million Americans are providing unpaid care for people with Alzheimer’s or other dementias. Between 2000 and 2019, the death rate from Alzheimer’s increased by 145%, with a projected healthcare cost of USD 345 Billion in 2023. Analysts also suggest that the cost could rise to nearly USD 1 Trillion. This could be a huge burden to the U...

Simplifying Business Processes Using Smart Contracts

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Smart contracts are lines of code stored in a blockchain and executed automatically as per the specified conditions. Blockchain technology makes it possible to conduct transactions and agreements between anonymous parties without the need for a central entity, external application, or legal system. Blockchain technology stores transactional records, also known as the ‘block,’ of the public in several databases, known as the ‘chain,’ in a network connected through system-to-system nodes. This storage is typically known as a ‘digital ledger.’ Key Benefits of Smart Contracts Smart contracts provide various advantages over the traditional contracts for a wide range of industries. ·          More efficiency and speed: Smart contracts can improve the efficiency and speed with which businesses make deals. Smart contracts are automated, and people do not have to spend a lot of time on paperwork and manually fixing errors. ·    ...

Gain crucial market insights using IEBS Market Intelligence service to make informed decisions

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Before tapping into or expanding business in a particular market, the first & foremost rational step one should take is to evaluate the market size, ongoing trends, consumer behavior, competitiveness, and related aspects. By employing the Market Intelligence service offered by Ingenious e-Brain Solutions, established firms, emerging businesses, and R&D organizations can access crucial information to recognize new business opportunities, be informed about current and upcoming innovations across their respective market, and enhance customer engagement. Under this service, clients gain a synopsis of the Targeted Addressable Market, Serviceable Available Market, and Obtainable Market to understand their growth potential and the business landscape. IEBS analysts & consultants offer comprehensive insights by gathering factual and statistical information about a particular market, including capitalization, market shifts, trends, customer preferences, current framework & stra...