If one goes into stores, there are multiple ways of paying one’s purchases. One could pay through traditional means, i.e., through cash, debit or credit card or through their electronic wallets, more commonly known as “e-wallet”, an electronic card which allows the user to pay...
The world has seen tremendous developments on artificial intelligence (AI).. From simple computing tasks, AI and Machine Learning (ML) has spawned several business applications such as cybersecurity defense, human resources, market prediction, accelerated reading, accounting, Fintech, and healthcare. AI-powered chatbots are ubiquitous in the tech...
Blockchain technology brings about certain challenges, particularly in terms of compliance with the Data Privacy Act (DPA). In a nutshell, the DPA mandates that individuals must have control over the use or removal of their data. In contrast, blockchain’s greatest feature is its unchangeable record...
It is no secret that the Philippine bureaucracy is inefficient. This is shown by the long line of driver's license applicants in the Land Transportation Office (LTO) in East Avenue. Up to now, the LTO still employs personnel to manually input applicants' personal details into...
Accessing Geolocation without a Search Warrant There have been reports on the police using the global positioning tracker (GPS) of stolen vehicles[1] or smartphones[2] to catch suspects. Last December 2015, the Philippine National Police Highway Patrol Group (PNP-HPG) had a breakthrough in the “rent-sangla” scheme where...
What is AI and how is it created? Artificial intelligence is no longer a creation of science fiction. It now exists in everyday life, from stock market trading to facial recognition in social media. Artificial Intelligence has become a staple in everyday life even without people...
The influx of global investments for financial technology (Fintech) in the past year reached an all time-high of 27.4 billion US dollars.[1] As a disruptive technology, Fintech forced many businesses to study ways to adapt to this highly innovative industry. As with any kind of development,...
In the midst of growing data breaches affecting a wide array of industries and applications, it has been increasingly necessary to safeguard personal data collection and processing through more stringent policies. The latest General Data Protection Regulation (GDPR) of the EU requires companies which handle...
[vc_row css_animation="" row_type="row" use_row_as_full_screen_section="no" type="grid" angled_section="no" text_align="left" background_image_as_pattern="without_pattern"][vc_column][vc_column_text]The year 2017 saw the proliferation of cyber crimes[1], with ransomware being the most notorious of such crimes. The likes of “WannaCry” and “Bad Rabbit” took over numerous computers all over the world, threatening its users with harm,...
[vc_row css_animation="" row_type="row" use_row_as_full_screen_section="no" type="grid" angled_section="no" text_align="left" background_image_as_pattern="without_pattern"][vc_column][vc_column_text] The efficiency and objectivity that algorithms provide account for the growing reliance on algorithmic decision-making processes. Decisions that were historically made by humans are now made by algorithms: votes are counted, loan and credit card applications are approved,...