Thursday, August 29, 2019

Why are Chatbots so popular?


Chatbots have been around for decades, but businesses have only recently begun to take advantage of the chatbot.
You can find chatbots in the messaging application on your smartphone for personal use or on the company's website for business use. A well-optimized chatbot can be a great addition to a company's website because it can help increase your conversion rates.
A real appreciation for bringing chatbots further into the spotlight for Facebook Messenger, due to the fact that Facebook makes it possible to integrate chatbots into the platform.
In 2016, messaging applications have surpassed social media and the four largest messaging applications have reached around 4 billion users (great potential for business!):
Benefits of Using Chatbot in Your Business
• Chatbots have potential. Even though they are increasingly used, modern chatbots are still a young technology. With the continued development of AI, the potential of bots in business and personal life is unlimited.
• They are easy to build. It depends on what you want to achieve, of course, but you can design a simple chatbot based on Facebook Messenger without any programming experience.
• Chatbots emphasize the brand and corporate image. Chatbot represents the company when communicating with customers, so, from a marketing point of view, it is the perfect embodiment of brand building.
• They offer direct services. A well-optimized chatbot only communicates important matters and does not overload the user.
• Chatbots automates the process. Bots can do human work for, in general, ordinary or basic analytic tasks.
We can distinguish two main types of chatbot:
Simple (Scripted) - This is the simplest type of chatbot. Conversations with this type can only occur in the manner and direction that has been determined. In other words, you will get a programmed response to every question you ask. The chatbot cannot deviate from this in any way. Simple chatbot appears in messaging applications such as Messenger or Skype. Their sole purpose is automation, such as booking flights or making purchases.
Smart - Using artificial intelligence allows chatbots to provide a more flexible response to user questions. This type of bot (like Cleverbot) learns from every conversation and uses this experience to answer future questions more accurately. However, artificial intelligence also has limitations: chatbots that are built with AI technology still cannot understand more complex contexts or lead conversations - it only provides answers.
Chatbots are small programs that help automatically simulate interactions with customers based on a predetermined set of conditions, triggers, and / or events.
There are several advantages to using Chatbots:
1. They can be proactive or reactive.
2. Their responses are consistent at all times.
3. They can respond immediately to customers.
4. They can help you gather important data and also learn from the data collected.
5. They can be used through a variety of different media such as SMS, live chat, or even social media.
6. The concept of chatbot itself is not new. In fact, they have been around since the 1960s.
In fact, if you want a crash course on the history of chatbots, see this infographic from Futurism.
However, implementing chatbots to help businesses grow is just a new phenomenon.
Business chatbots applications for goods facing consumers are growing rapidly.
In fact, more than 59% of Millennials and 60% of Gen Xers in the United States have interacted with chatbots.
And according to a Facebook survey, more than 50% of customers say they tend to shop with businesses they can contact through chat.
And according to Gartner,
"In 2020, 85% of our involvement with business will be done without interacting with other humans. Instead, we will use self-service options and chatbots. "
Conclusion:
"80% of businesses say they currently use or plan to use chatbots by 2020."
Customers expect to find the information they are looking for at the click of a button and in the blink of an eye.
When this is not possible, brews are frustrated, and this can cause you to lose sales or even lose potential customers forever.
To understand how chatbots can reduce some of this frustration and improve user experience, we must first look at how customers choose to interact with businesses today.
In the 2017 Global State Customer Service Report by Microsoft, we can see how email and telephone are still the dominant communication channel for many customers.
And although live chat, self-service, social media and chatbots are relatively lower in terms of raw volume, the growth of this channel is surprising.
Fusion Informatics leads the chatbot development company in the US, where our AI development team helps build applications that allow your customers to experience a user-friendly experience in every aspect. Our application works smoothly without strong and innovative errors combined with smart Artificial Intelligence, chatbot which help in increasing sales and productivity.
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Wednesday, August 28, 2019

What is the scope of IoT now and in the future?


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IoT or internet of things lately we hear this word quite often. Words like cyber-attacks, hacking, we can hear it too together with IoT. Despite this, fears of piracy and cyber-attacks on the internet and IoT applications will grow much faster in the coming years. In the end, we can say the scope of the future IoT or the future of IoT is very bright. There will be lots of IoT devices coming soon.
IoT or the Internet of Things is primarily a full system of all interconnected computing devices, having all mechanical and digital machines. When objects or living things have UID or Unique Identification, IoT and IoT applications can transfer data automatically without including human-to-human interactions and human-to-computer interactions in between.
Internet of Things or IoT objects can be either artificial hearts in humans or biochip transponders in farm animals or sensors containing cars. All of these things are important for human survival. Along with the increase in the organization so that the needs of the organization that can make work run easier in an efficient way.
How many IoT devices are there now?
According to Gartner:
In 2017 there were 8.4 billion devices connected to IoT worldwide. While in 2018 it increased to 9.2 billion. It is hoped that by 2020 IoT-connected devices worldwide will be 20.8 billion.
It's hard to secure smart things that have a base attached to this, including items such as TVs, refrigerators, and security cameras. We can expect that there will be a 31% increase in IoT applications and IoT connected devices this year. While this can also reach 10 billion or more, which is more than the world's population.
IoT is useful because it makes our work easy and very less time-consuming. Come on, taking into account the smartphones that we use, make our lives so easy and a lot of our work can be done with just a fingertip.
IoT has facilitated human life. Imagine a hospital connected to all smart devices. All data collected from the device saves the patient information and then carries out analysis on any machine that the doctor or authority wants to examine. Make life easy and orderly, make the hospital run as optimal as possible.
This clearly shows the seriousness, and how important IoT is today.
Is the IoT device safe?
Basic and important questions that are on everyone's mind. Are all IoT devices that we use safe and protected? But people still haven't found much to secure the Internet of Things device.
Cisco, one of the largest network companies, told the Global IoT device supply chain that requires the most powerful and higher vigilance regarding quality control. Due to the lack of proper rules, regulations and IOT security standards, hacking of IOT and IOT applications is very common and dangerous.
The security of IoT devices is in the hands of the manufacturers. The manufacturer must ensure that all Internet of Things devices must be safe and secure to use. Safety is something most businesses miss. According to the survey:
Only 30% of 1000 respondent companies said that they took certain steps to secure all Cellular Applications and IoT devices. At the same time, the rest of the IoT device makers do not build up any security breaches.
We can even take many examples such as cloud-based websites like Netflix, Spotify and Reddit suddenly become unavailable in October 2016. The attack occurred when unknown hackers or destroyers began to gain control of IoT-based applications such as CCTV cameras, digital video recorders.
With this type of instance, we can say that our data and IoT devices are not as safe as they should.
What device is IoT?
Today, if we look around us, we can see that most of the IoT-based devices. So, we list all the popular IoT devices, which are addictive now.
First, out of all Smart Home Automations, we examine carefully, most homes opt for Home Automation. As a matter of safety, and those who want houses that are built automatically and smartly.
Voice Assistant, there is no home that does not have Amazon-Alexa or Google Echo in their home. People began to feel this voice assistant as part of life.
Smart Bands or Fitness Bands.
GPS tracker
Smart Smoke Alarm
Smart Locks
Camera Bell
Amazon Dash Button
IoT-based Security System
Home Wifi System mesh
This device is the most widely used IoT based product. However, there are more devices out there, which people use. It can easily be said how IoT has become an important part of everyone's life.
It is clear that the future of IoT is vast and will increase, without pause, people will be more dependent on the Internet of Things. Although we can even predict that in the near future, people can't even imagine their lives without an IoT device.
What is the scope of IoT in the future?
The future of IoT or where and what progress we can see in the future of IoT or after 25 years. You can see the top five themes that can be seen in the future from IoT listed below:
People will be addicted to Tech connections
The survey shows that the use of IoT-based devices will increase rapidly. This will affect people over the coming decades. There will be some magic things that will make people addicted to the device and people can't refuse to leave it. Its convenience and benefits will make people interested in the device.
In the future, we can even hope that people will choose connectivity over security. As connected with the community, friends and new technology with comfort will become more critical. People will even start storing all of their information data about themselves and their families on this device, and they start trading safety and security for convenience. Users will start making all rational decisions by risking their security and safety.
Children, adults, everyone will be addicted, and the house will be a big IoT device. While humans will not be able to overcome all this.
Conclusion:
IoT has the potential to dramatically increase the availability of information and is likely to transform companies and organizations in almost every industry throughout the world.
Thus, finding ways to increase the strength of IoT is expected factors become the strategic goals of most technology companies, regardless of their industrial focus.
Fusion Informatics leads the IoT ​​development company Indianapolis, where our IoT development team helps build applications that allow your customers to experience a user-friendly experience in every aspect. Our application works smoothly without strong and innovative errors combined with smart Artificial Intelligence, which helps increase sales and productivity.
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Thursday, August 22, 2019

What is the difference between the standard ledger and a Blockchain ledger?


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People sometimes use the terms 'Blockchain' and 'Distributed Ledgers' interchangeably. This post aims to analyze each other's features.
Distributed Ledger Technology
Distributed ledgers are databases that are spread across multiple nodes or computing devices. Each node replicates and stores an identical copy of the ledger. Each participant node from the network updates itself independently.
A breakthrough feature of distributed ledger technology is that ledgers are not managed by the central authority. Updates to the ledger are independently built and recorded by each node. The node then votes on this update to ensure that the majority agrees with the conclusions reached. Voting and agreement on one copy of the ledger is called consensus, and is done automatically by the consensus algorithm. After consensus has been reached, the distributed ledger will update itself and the latest version of the ledger is stored in each node separately.
The general ledger technology that was distributed dramatically reduced the cost of trust. The architecture and structure of the distributed ledgers can help us reduce our dependence on banks, governments, lawyers, notaries, and regulatory compliance officials. R3 Corda is an example of a distributed ledger.
The big book that is distributed presents a new paradigm of how information is collected and communicated and is ready to revolutionize the way individuals, companies and governments transact.
Blockchain technology
Blockchains are a form of distributed ledger technology. Not all ledgers distributed use blockchains to provide secure and valid distributed consensus.
Blockchain is distributed throughout and managed by peer-to-peer networks. Because this is a distributed ledger, it can exist without a centralized authority or the server that governs it, and the quality of its data can be maintained by database replication and computational trust.
However, the blockchain structure makes it different from other types of distributed ledgers. Data on the blockchain is grouped together and organized into blocks. The blocks are then connected to each other and secured using cryptography.
Blockchain is basically a growing list of records. The append-only structure only allows data to be added to the database: changing or deleting data entered previously in the previous block is not possible. Because of this, Blockchain technology is perfect for recording events, managing records, processing transactions, tracking assets, and voting.
Cryptocurrency, like Bitcoin, pioneered blockchain technology. The massive Bitcoin rally at the end of 2017, and the media frenzy that ensued brought cryptocurrency into the mainstream public imagination. Governments, businesses, economists and enthusiasts are now considering ways to implement blockchain technology for other uses.
Conclusion
Every blockchain is a distributed ledger, but not every big book distributed is a blockchain. Each of these concepts requires decentralization and consensus between nodes. However, the blockchain organizes data in blocks, and updates entries using an append-only structure. Large books that are widely distributed, and blockchain in particular, are conceptual breakthroughs in managing information and can be expected to find applications in every sector of the economy.
We at Fusion Informatics, the leading Blockchain application development in San Francisco, provides the best blockchain application development services that help companies interact with customers and support you to promote decentralized applications that implement Blockchain technology to enable you to develop your company in this rapid active business transformation to maintain our ranking at the top of the list of Blockchain development companies and we have proven with our latest projects by implementing new technologies in the business world. We offer companies avant-garde Blockchain technology solutions
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Friday, August 9, 2019

How to get started with AI ChatBot development


Good chatbots know what to say! That means it has a well-built conversation path to support as many users questions as possible. Build a food delivery bot? The point of the conversation should be focused on giving food to people, but we have noticed that people tend to get off track, so always make the possibility for small talk.
- Guide the user through the conversation not to let him wonder what he should do or say
- Cover all possible answers and questions for core bot use cases
- Support various small talk intents, the more the better!
Business constantly needs to evolve and adopt new trends to succeed. The company currently employs chatbots which help in solving customer questions, improving communication, and remote problem solving to improve customer experience. This article provides complete guidance for developing chatbots, including use cases, tools, and best practices to consider when developing chatbots for your business.
The emergence of bots in 1966 began with text bots like Eliza and then developed into a voice-based bot during the 80s. The simplest way to define a bot is software that can carry out intelligent conversations with humans.
Although there are various use cases for bots, one common example is the live chat platform where users ask questions, which are welcomed with appropriate responses by the chatbot. This is a fast way to resolve questions and provide customer service on time.
What is a Chatbot?
For a deeper understanding of Chatbot, we can define it as a computer program that mimics human speech in its natural format, which can include text (since the advent of the bot) or spoken language using artificial intelligence (AI) techniques such as Natural Language Processing such as natural language processing ( NLP) and audio analysis. One of the main aspects of an AI-based bot is dynamic.
AI-based bots learn from previous interactions and in retrospect, becoming smarter at handling more complex conversations.
Making chatbots is not easy. You have to keep an eye on several things while developing chatbots for different purposes. Following is a list of the most important steps for developing a chatbot.
• Great opportunities present with artificial intelligence-based chatbots and you must identify opportunities
• You must clarify the purpose of building a chatbot
• Prepare chatbot conversations
• Prepare chatbots with the help of development or platform framework (non-coding).
Identify big opportunities
Artificial intelligence has proven to be a blessing in the modern world. This technology has changed the way traditional business. There is a huge opportunity that you can use with an artificial intelligence-based chatbot. If you are looking for an effective Cellular Application Development Company for developing your chatbots throughout the Mississauga region, this discussion will help you solve your questions about the subject.
Four Main Models
There are four different models based on data complexity, predictability, and volume of work and you must have good knowledge about the problem of preparing a chatbot for you. The first model is an efficiency model that supports various collaborations for various work-related activities. The second innovation model talks about ideas and creativity such as composing music or designing something.
Clarifying the Purpose of Developing Chatbot
The advent of artificial intelligence has changed the application development process in recent years. If you are looking for a good Cellular Application Development Company near Toronto, this blog will help you solve any doubts about this problem. Artificial intelligence comes with great opportunities and you must clarify the reasons for developing your chatbot. You can do hundreds of tasks through your chatbot and therefore it is very important to clarify your goals to the developer. Clarifying your goals will help them know your needs and they can prepare effective conversations according to your needs. Small mistakes can create many problems and therefore you must be specific about your goals and vision.
Prepare Chatbot Chat
Chatbot chat is very important for application development. Conversations are segmented into unstructured and structured interactions. An unstructured conversation is all about plain text like informal conversations with family members, friends, etc. On the other hand, the structured conversation is about the logical flow of data such as choices, menus, and forms into an account. Developers are required to keep interactions simple and close to the goals served by chatbots. In addition, it is also important for developers to interpret user answers for the conversation user interface. Designers always try to focus on closed conversations that are easier and help others to interact naturally.
Conclusion:
From my point of view, chatbots or intelligent assistants with artificial intelligence dramatically change business. There are various chatbot building platforms available for various companies, such as e-commerce, retail, banking, recreation, travel, health care, and so on.
Chatbots can reach a large audience in messaging applications and are more effective than humans. They can develop into capable information-gathering tools in the near future.
We at Fusion Informatics a leading chatbot development company in San Francisco provides best chatbot services that help companies to interact with customers. We present automated customer support for your business by messaging in a textual manner. As a leading chatbot development company, we endeavor to full chatbot solutions for Facebook, what's up, Twillo and Telegram.
Our top chatbot development company in California, Indiana and San Francisco, Bay Area handles the best chatbot development structures for creating custom chatbots based on our client's individual business demands. We advance and train high-quality chatbots with conversational intelligence, context sensation, and self-features.
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Thursday, August 1, 2019

How Does Cryptocurrency Mining Work? And What is Cryptocurrencies?



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Cryptocurrency is considered a digital currency (only on computers). This is transferred between peers (there is no intermediary like a bank). Transactions are recorded in a digital public ledger (called "blockchain"). Transaction and ledger data are encrypted using cryptography (which is why it is called "crypto" "currency"). It's decentralized, meaning it's controlled by users and computer algorithms and not the central government. This is distributed, meaning that the blockchain is hosted on many computers around the world. Meanwhile, cryptocurrency is traded on the online cryptocurrency exchange, such as the stock exchange. Bitcoin (generally traded with the BTC symbol) is one of many cryptocurrencies; Another cryptocurrency has names like "Ether (ETH)," "Ripple (XRP)," and "Litecoin (LTC)." The alternative to Bitcoin is called "altcoin."
How does cryptocurrency work?
The source code and technical controls that support and secure cryptocurrency are very complex. However, lay people are more than able to understand the basic concepts and become informed cryptocurrency users.
Functionally, most cryptocurrency is a variation on Bitcoin, the first widely used cryptocurrency. Like traditional currencies, cryptocurrency expresses value in units - for example, you can say "I have 2.5 Bitcoin," as you say, "I have $ 2.50."
Some concepts govern the value of cryptocurrency, security, and integrity.
How does blockchain work? 
Cryptocurrency blockchain (sometimes written as a "blockchain") is a master book that records and stores all previous transactions and activities, validates ownership of all units of a currency at a certain point in time. For the record of all the cryptocurrency transaction history to date, the blockchain has a limited length - it contains a limited number of transactions - which increases over time.
Identical copies of the blockchain are stored in each network node of cryptocurrency software - a decentralized network of farm servers, run by individuals or groups of computer-savvy individuals known as miners, who continue to record and authenticate crypto currency transactions.
Cryptocurrency transactions are technically not finished until they are added to the blockchain, which usually happens in minutes. After the transaction is completed, it is usually non-refundable. Unlike traditional payment processors, such as PayPal and credit cards, most cryptocurrency has no default refund function or chargeback function, although some new cryptocurrency has a rudimentary refund feature.
During the time lag between initiation and finalization of the transaction, the unit is not available for use by either party. Instead, they are stored in a kind of escrow - limbo, for all intents and purposes. The Blockchain thus prevents double-spending, or manipulation of cryptocurrency code to allow the same unit of currency to be duplicated and sent to multiple recipients.
Comclusion:
Some economic analysts expect large changes in crypto to come when institutional money enters the market. In addition, it is possible that crypto will float on Nasdaq, which in turn will add credibility to the blockchain and its use as an alternative to conventional currencies. Some estimate that all crypto needs is a verified exchange fund (ETF). ETFs will definitely make it easier for people to invest in Bitcoin, but there is still a demand to invest in crypto, which some say may not be automatically generated with funds.
Bitcoin can be useful for many people. Because they are international currencies, you can use them in any country without having to convert between currencies. The Blockchain is truly safe and allows you to make sure money goes to / comes from the right people. People who accept Bitcoin don't need to pay anything for transactions, and Bitcoin has a lot of support. All this will definitely help Bitcoin get more users, and if everyone uses Bitcoin, it can replace official currency. Of course, this has a number of disadvantages, but some of them are because Bitcoin is new, so as time goes by they will not be a problem. Others can be easily avoided.
Fusion Informatics is the best Blockchain application development in San Francisco support you promote a decentralized application applying Blockchain technology to allow you to develop your company in this quickly transforming the active business to maintain our grade at the top of the list of Blockchain development companies and we have proven with our recent projects by implementing new technologies in the business world.  We offer avant-garde Blockchain technology Solutions to companies across the globe. Our unmatched proficiency and expertise in Decentralized Applications and Blockchain technology enable Software developers to offer momentous services at competitive prices.

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