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Here is the son of an ex government employee from Shalimar Bagh of Delhi, who currently owns a house in Dubai’s Burj Khalifa, one of the tallest building in the world. However, this is not one of the magnificent stories of a middle-class man becoming very successful. It’s quite something else on the whole. Amit Bhardwaj, a former software developer with Infosys and stock broker, is suspected to have fled to Dubai after conning an estimated amount of Rs 2,000 crore through a Ponzi scheme based on bitcoins, the mostly unregulated digital ‘cryptocurrency’ that has been became popular with its sharp spike in value. Bhardwaj, whose businesses are reported to have a turnover of millions, now faces fraud cases in a number of states, with investigative agencies struggling to get him back to the country. The ‘scam’ As of April 1’s evening, one bitcoin was valued at just over Rs 4.26 lakh. But in 2017, the value exceeded Rs 10 lakh. Under Bhardwaj’s scheme, an investor purchasing o...

Researchers are exploring possible impacts of developing robots that are driven by Artificial Intelligence. Developing robots that have a mind of their own can automate a number of real-world situations. A team of researchers from the University of Texas, Austin is incorporating AI into machines. These systems can learn themselves and operate in the home, workplace and even the sports field. If these robots can deal with real-world situations, we can soon have intelligent robots that you must have seen in science fiction movies. The fictional representations of intelligence robots are in the minds of global users for over 50 years now. The manufacturing sector has been the biggest beneficiary of robotic technologies. The robots that can carry out preordained and repetitive tasks can solve a number of problems. But these robots are not capable of dealing with real-world situations. Even the simplest tasks that can be unpredictable need human interaction to solve. Resea...

Here is good news for Indian IT professionals! Japan is looking to hire 2,00,000 IT professionals from India and will be issuing green cards to settle down in Japan and support the country’s swiftly growing IT infrastructure.   Addressing the India-Japan Business Partnership Seminar on March 8, Shigeki Maeda (Executive Vice President at Japan External Trade Organisation (JETRO)) said, "Currently there are around 9,20,000 IT professionals in the country and there is an immediate demand for more than 2,00,000 IT professionals from India which is likely to further swell to 8,00,000 professionals by 2030." It's become essential to fill this widening gap and is looking towards India’s assistance in the IT space, with rapidly emerging technological innovations. Numerous Japanese companies feel the constraints to traditional “in-house innovation” and subsequently moving towards “most-advanced IT Technology Capabilities” for which India is the ideal partner to look ou...

IBM today announced  PAIRS Geoscope , a new experimental cloud-based service that makes it easier for developers to work with large amounts of geospatial data from across a wide variety of sources. The service handles ingesting, integrating and managing the data and allows developers to focus on their queries. Indeed, it’s the part of the service that handles the data ingesting and indexing that sets PAIRS Geoscope apart from other big data analytics services. It can take in anything from geotagged IoT data from sensors to weather data, census data, aerial imagery and even tweets or news data from the Google-backed  GDELT Project . If you are interested in how IBM does this, you’re in luck, because the team recently  published a paper  that goes into more detail about how this integration engine works. From the developer’s perspective, though, the most important feature here is that PAIRS converts all the data into common formats and units and automatically ali...

It is no news that IT workers are looking at AI and automation as a big threat. India’s Prime Minister Narendra Modi thinks that Artificial Intelligence (AI) can solve a number of problems in the country In his monthly ‘Mann ki Baat’ radio broadcast, he emphasized on how AI can solve a number of issues in the country. He deliberately focused on how ‘Artificial Intelligence’ can help the country in solving problems like differently abled persons, tracking natural disasters, assisting farmers and extending health services. PMO Modi is keen on learning more about the real-world use cases of AI and automation. If artificial intelligence is harnessed and implemented in a right way, it can add a huge benefit to the society. With the large population and digital literacy, India has a great pool of data that we can use for creating highly-advanced AI technologies. He said, “It was interesting to know about the ongoing miraculous accomplishments in the field of science. Artifi...

Staying on top is one of the key factors for business and technological innovation. And with over 600 unique programming languages, deciding on the best programming language for your project may be difficult, and can be the hardest part in the initial development phase. And to help, here’s our list of the top 10 potential programming languages to learn in 2018, to help decide the best programming language to use for your project is to evaluate your project needs. 1. Swift: More popular than Objective-C, this is the language for developing native iOS or Mac OS apps, and is the programming language with the most potential for reshaping the future. Native apps have been found to outperform cross-platform hybrid apps, and SpriteKit makes it even easier to build 2D games. Indeed, it builds itself on the successes of C and Objective-C without the constraints of compatibility. It was heavily influenced by Ruby and Python, and is considered user friendly and fun to use. Opera...

Staying on top is one of the key factors for business and technological innovation. And with over 600 unique programming languages, deciding on the best programming language for your project may be difficult, and can be the hardest part in the initial development phase. And to help, here’s our list of the top 10 potential programming languages to learn in 2018, to help decide the best programming language to use for your project is to evaluate your project needs. 1. Swift: More popular than Objective-C, this is the language for developing native iOS or Mac OS apps, and is the programming language with the most potential for reshaping the future. Native apps have been found to outperform cross-platform hybrid apps, and SpriteKit makes it even easier to build 2D games. Indeed, it builds itself on the successes of C and Objective-C without the constraints of compatibility. It was heavily influenced by Ruby and Python, and is considered user friendly and fun to use. Opera...

Demand is off the charts for blockchain talent, and the capital is waiting to back it up. More than $3.7 billion has been raised through ICOs in the United States alone. Blockchain-related jobs are the second-fastest growing in today’s labor market; there are now 14 job openings for every one blockchain developer. And as Nick Szabo, the developer who coined “smart contracts,” pointed out, there is an extreme “ $/knowledge ” ratio in the blockchain space, where capital by far outpaces talent. Today,  Toptal , a marketplace for on-demand tech talent, is publicly launching their  blockchain engineering talent vertical  out of private beta. In today’s software development landscape, Toptal represents about 50 percent of on-demand engineering labor by revenue. Requests for on-demand blockchain talent are skyrocketing. Last year, freelance talent marketplace  Upwork  saw blockchain rise to the fastest-growing skill out of more than 5,000 skills in terms of free...

The 2018 Data & Analytics Global Executive Study and Research Report by   MIT Sloan Management Review   finds that innovative, analytically mature organizations make use of data from multiple sources: customers, vendors, regulators, and even competitors. The report, based on   MIT SMR ’s eighth annual data and analytics global survey of over 1,900 business executives, managers, and analytics professionals, explores companies leading the way with analytics and customer engagement. BIGGER HARVESTS, BETTER RELATIONSHIPS For many U.S. farmers, improving agricultural productivity while meeting consumer demand to reduce the use of pesticides and chemicals on crops became a goal during the 2000s. To help farmers manage pests, plant diseases, weather conditions, and yields, dozens of startups emerged to offer apps and data services — part of a precision agriculture boom. Many of these companies failed or struggled as data alone proved insufficient; farmers also ne...