High-performance computing (HPC) refers to systems that, through a combination of processing capability and storage capacity, can rapidly solve complex computational problems across a diverse range of scientific, engineering, and industrial fields. It relies on parallelization techniques and algorithms to synchronize these disparate units in order to perform faster than any single processor could alone.…

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Card association or networks, such as Visa, MasterCard, and banks that have been traditionally important entities in the payments landscape, are now at the cusp of digital disruption.  As mentioned in our previous post, competitive threats are no longer coming just from industry peers, but from disrupters across other industries. Mobile devices manufacturers, platform providers…

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Over the last decade, technology has touched nearly every aspect of our lives.  The digital revolution brought upon by the internet, mobile devices, telecommunications and cloud computing have made the biggest impact on our personal, professional and social lives.  The next stage of transformation of business will come from the universal adoption of mobile wallets…

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By Kiran Nandavarapu, Vijaykumar S L & Shweta Kumawat Our previous blog entry on eCommerce patents provided a few details on the role of patents and why they have become important in the industry. Today, we are announcing the results of a study conducted by Blueocean Market Intelligence that looks at the industry over the…

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By Vijaykumar S L & Shweta Kumawat A patent is an intellectual property right granted to an inventor – “to exclude others from making, using, offering for sale, selling or importing the invention” – for a limited time in exchange for public disclosure of the invention when the patent is granted. There are three types of…

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November and December 2013 were an important period for peer-to-peer digital currencies. On the morning of December 4, 2013, Bitcoin was trading at close to US$1140 on Mt.Gox, the leading Bitcoin exchange. This set a new bar and takes Bitcoin’s market capitalization to more than US$12.4 billion. Over the last few months, Bitcoin has caught…

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With the increased excitement around Bitcoins  and India’s own digital currency, Laxmi Coins, gearing up a March 2014 launch, the Global Bitcoin Conference held in Bangalore on 14th and 15th of December, played host to technology enthusiasts, cyber law consultants, investors, RBI and banking officials, telecom operators and others. This conference, the first of its…

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In our previous two blogs, we covered the Emergence of Virtual Currency and discussed the successes and failures of this mathematically elegant and highly popular virtual monetary system. Among all the different digital currencies in this space, Bitcoin is inarguably the most successful currency to hit the market. Many different theories have been offered to…

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What if currencies didn’t have to be so tightly regulated by the government, banks, or any entity for that matter? What if they didn’t have to exchange hands physically, but could move instantaneously between networks, countries, and continents? These questions and more have fed the curiosity around and built the disruptive movement of virtual currencies.…

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What is Virtual Currency? “Virtual Currency” is any medium of exchange, other than real currency, that facilitates online or other electronic transactions. How did it evolve? Virtual communities, which have proliferated in recent years – a phenomenon triggered by technological developments and by the increased use of the internet – created and circulated their own…

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