Private Equity Moris Beracha Wuani

One of the critical aspects of AI is how it can be utilized to enable individual knowledge workers, boosting their performance and feeding them timely information furthering key business objectives By Pooja Singh The way we work is fast changing, and a lot of credit for it goes to artificial intelligence. Two years ago, Gartner reported that "7 per cent of top-performing companies rank AI/ML (artificial intelligence/machine learning) as a game-changing technology.” But within a year, that figure swelled to 40 per cent.   A Gartner report mentions that the augmentation of AI technology will generate $2.9 trillion in business value and recover 6.2 billion hours of worker productivity in 2021. One of the critical aspects of AI is how it can be utilized to enable individual knowledge workers, boosting their productivity and feeding them timely information furthering key business objectives. Know Full Potential To understand the benefits of AI for knowle...

By Moris Beracha .- The blockchain technology is a public database decentralized in a computer network that is used to record all kinds of transactions. Roma Siri, born on November 8, 2015, also known as the “Baby Blockchain”, was the first human being whose birth was registered in the blockchain. Now in 2019, some public institutions worldwide have decided to make official records through the blockchain and the United States has been a pioneer in this activity. According to an article published by the Associates Press (AP) news agency, it was known that some counties in the state of Nevada are using the best known online registry book in the world to store digital versions of birth and marriage certificates. “The Reno Gazette-Journal reports that as of December in Washoe County, about 950 couples had received secure digital marriage certificates to home computers and smartphones since the program debuted in April 2018,” reads the memo published b...

By Aaron Wood   Japanese multinational conglomerate Sony and IT equipment services firm Fujitsu have created an encrypted database for educational proficiency documents, The Asahi Shimbun reports on Feb. 26. The database, which reportedly employs blockchain technology, is used to prevent forgeries of language proficiency documents, which some foreigners purportedly use to receive resident status to study in Japan. Foreigners must submit a Japanese language proficiency certificate to the Immigration Bureau in order to receive resident status to study in Japan . Said certificates can be issued by Japanese educational institutions abroad. Japanese language schools within the country will submit the certificates on behalf of institutions overseas. Illegal copies of the language certificates have reportedly been found in several different countries. The Asahi Shimbun states that students without proper language qualifications can face difficulties i...

By Max Yakubowski German automobile brand Mercedes-Benz Car has developed a platform based on blockchain technology to increase transparency and sustainability in complex supply chains , according to press release published on Feb. 25. Mercedes-Benz, a division of Daimler AG, a German multinational automotive corporation, has partnered with United States -based software company Icertis for cooperating in the development of blockchain tech for supply chain use. Mercedes-Benz has announced that that they have jointly developed and programmed a prototype with Icertis based on blockchain technology that allows for the storage of documentations and contracts in complex supply chains. The project allows for the creation of a transparent and sustainable mapping of sorted documents across the entire supply chain, the press release notes. The parties have now entered the testing phase of the pilot project. Underlining the complexity of the modern supply chains,...

By Frank Chaparro   Just when you thought there were plenty of markets for crypto futures in the U.S. and elsewhere, along comes another player. Eurex, a derivatives exchange operated by Germany’s Deutsche Börse, is gearing up to launch a slew of new futures contracts tied to the digital assets market. The firm follows a number of U.S.-based exchange-operators, including CME and Cboe Global Markets, both of which launched bitcoin futures markets in December 2017. Several people familiar with Eurex’s plans says the firm will announce its plans to launch futures tied to bitcoin, ether, and XRP imminently. In recent weeks, the exchange has been meeting with market-making firms about the products.  At the same time, a number of new ventures — including Bakkt, Seed CX, ErisX — that are aiming to launch markets for physically delivered crypto futures sometime this year. As for Eurex, the firm has had its eye on the crypto market since 2017. A...

Staff of the nation’s largest pension is trying to sell a new investment model to its sometimes skeptical board By Chris Cumming The board of the nation’s largest pension still has plenty of questions about a proposed shake-up in its private-equity strategy, roughly two years after the pension’s staff began developing the plan. Ben Meng, chief investment officer of the California Public Employees’ Retirement System, on Tuesday detailed the proposed new strategy for private-equity investing, arguing that without it the underfunded pension system could have trouble hitting return targets and making its required payouts to retirees. Mr. Meng, who joined the $337 billion fund last month, argued that the new strategy was necessary to get more exposure to the best-performing private-equity managers. “We need private equity, we need more of it, and we need it now,” he said. Calpers’ private-equity reform has attracted some controversy si...

By Daniel Palmer A Brazilian investment bank is planning to raise millions of dollars through the offering of a security token. In an announcement Thursday, Banco BTG Pactual said it will back its blockchain-based token with distressed Brazilian real estate assets, with the expectation of raising up to $15 million. It will also establish a secondary market following the sale in order to provide liquidity to the tokens. The offering will allow investors to invest in the Brazilian real estate market and, based on the performance of the tied assets, receive periodic profits. International investors will be able to purchase the token, called ReitBZ (RBZ), through a “low-cost, tax-efficient structure,” said the bank. BTG Pactual CEO, Roberto Sallouti, said: “The technology associated with this offering allows us to be a pioneer in providing access to asset classes that have historically been difficult for global retail...