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The SWIFT system is a global network that enables financial institutions to send and receive information and instructions about money transfers in a secure, standardized and reliable way. SWIFT stands for the Society for Worldwide Interbank Financial Telecommunication, which is a member-owned cooperative that provides the messaging platform and services. The SWIFT system does not hold or transfer any funds, but it facilitates the communication between banks and other financial entities that use different systems and languages. To do this, SWIFT assigns each member institution a unique code with either eight or 11 characters, known as a bank identifier code (BIC) or SWIFT code. This code identifies the bank name, country, city and branch. The SWIFT system is used for various types of financial transactions, such as cross-border payments, trade finance, securities settlement, foreign exchange and treasury operations. It is also used for regulatory reporting and compliance purposes.

 What's BRICS currency? BRICS currency is a term that refers to the idea of creating a joint currency for the BRICS countries, which are Brazil, Russia, India, China and South Africa. These countries are major developing economies that have been seeking to reduce their reliance on the U.S. dollar for international trade and finance . The idea of a BRICS currency has been discussed for over a decade, but it has not become a reality yet. There are many challenges and obstacles to creating a new currency that can compete with the dollar, such as political differences, economic disparities, legal issues and technical difficulties . However, the BRICS countries have been pursuing other initiatives to de-dollarize their economies, such as trading and settling in local currencies, creating a BRICS development bank, establishing a BRICS payment system and exploring alternatives to the dollar-backed SWIFT system . According to some reports, Russia has confirmed that the BRICS countrie

DeFi is a short term for  Decentralized Finance , which is a new financial system that is built on blockchain technology. DeFi aims to provide a more transparent, accessible, and efficient alternative to the traditional financial system, which relies on centralized intermediaries and institutions. DeFi platforms and protocols can offer various services, such as lending, borrowing, saving, investing, trading, and more, without intermediaries or centralized platforms. Users can benefit from lower fees, faster transactions, higher returns, and more control over their funds.   - For the general public, DeFi technology may offer a more accessible and inclusive way to participate in the financial system, especially for those who are unbanked or underbanked. DeFi platforms and protocols can provide various services, such as lending, borrowing, saving, investing, trading, and more, without intermediaries or centralized platforms. Users can benefit from lower fees, faster transactions, high

  The Metaverse will have various impacts on society, both positive and negative.  The emerging metaverse has the potential to revolutionize various aspects of society. It promises to introduce immersive team collaboration and AI-enabled digital colleagues, fostering productivity, creativity, and innovation across industries. Additionally, virtualization and gamified technologies will facilitate accelerated learning and skills acquisition, benefiting education, training, and discovery for individuals from diverse backgrounds. The metaverse will also enable social and professional interactions, offering opportunities for attending concerts, taking classes, working, and gaming, thereby enhancing social connection, entertainment, and engagement. Furthermore, it is anticipated to give rise to a metaverse economy, presenting new enterprises and work roles, opening doors to fresh opportunities, markets, and challenges for businesses, creators, developers, and investors. Lastly, the met

  The metaverse as a virtual world is a concept that describes a shared, online, three-dimensional space where people can interact with each other and with computer-generated objects and environments. It is a combination of technologies like virtual reality, augmented reality, and eye-tracking. Users can access the metaverse via the Internet and use devices like VR headsets and controllers to create a sense of "virtual presence".   Some of the features of the metaverse as a virtual world are: - It will have its own economy, where users can buy, sell, and trade digital assets and services using cryptocurrencies. - It will span the physical and virtual worlds, allowing users to overlay digital elements onto real-world settings or explore fictional realities. - It will be available to everyone at any time, regardless of their location or device. - It will be a network of interconnected virtual worlds, where users can move seamlessly from one to another. - It will

DALL-E is an artificial intelligence system that can create images from text captions for a wide range of concepts expressible in natural language. It is not the same as GPT, but it is built upon GPT-3 and GPT-4, which are large language models that can understand and generate natural language or code. DALL-E uses a discrete variational autoencoder to compress images into a 32x32 grid of discrete latent codes, which are then fed into a 12-billion parameter version of GPT-3 trained on text-image pairs.  I think DALL-E is a very impressive and creative system that can generate novel and diverse images from text. It can also edit existing images in interesting ways, such as changing the style, color, shape, or texture of an object. I recommend you to try it out and see what kind of images you can create with it. You can use the OpenAI Playground to experiment with DALL-E here: https://playground.openai.com/dalle . Have fun!  >> You can learn more about DALL-E here: https://openai.c

  According to the OpenAI Help Center, the latest update for ChatGPT was on June 22, 2023 and it included two new features for the mobile app: - Browsing: Plus users can now use Browsing to get comprehensive answers and current insights on events and information that extend beyond the model's original training data. To try it out, enable Browsing in the “new features” section of your app settings. Then select GPT-4 in the model switcher and choose “Browse with Bing” in the drop-down. - Search History Improvements: Tapping on a search result takes you directly to the respective point in the conversation. More details: You can also access the new GPT-4 models using the Chat Completion API, which is a new dedicated API for interacting with ChatGPT and GPT-4. GPT-4 is a new series of models that finished training in early 2023 and have improved performance and safety. GPT-4 is the latest and most advanced system from OpenAI, which produces safer and more useful responses than

Yesterday, we explored the Apple Vision Pro, an advanced spatial computing device that seamlessly integrates digital content into the physical realm. Today, let us delve into the competitive landscape and market dynamics surrounding virtual reality (VR) technology. There are several competitors of Apple Vision Pro in the market of VR and AR headsets. Some of the most notable ones are: ·         Microsoft HoloLens 2 : This is a mixed r eality headset that uses a transparent display to overlay holograms on the real world. It has advanced hand and eye tracking, spatial audio, and a high-resolution display. It is mainly aimed at enterprise and industrial applications. Magic Leap 2 : This is another mixed reality headset that uses light field technology to create realistic 3D images in the user's field of view. It has improved performance, comfort, and field of view compared to its predecessor. It is designed for both entertainment and productivity. Meta Quest Pro : This is a stand

  Threads is a new app that Meta launched on Wednesday, July 5, 2023, as a rival to Twitter. According to CNN, Threads is a microblogging platform that allows users to post short messages, photos and videos, and follow other users. Threads also has some features that differentiate it from Twitter, such as the ability to create private groups, edit posts after publishing, and use emojis and stickers. Threads is available for both Android and iOS devices in more than 100 countries, except the European Union.  Cr.CNN

  Apple has scaled back its production plans for the device due to design challenges, especially with the micro-OLED displays. It is preparing to make fewer than 400,000 units in 2024, which is below its earlier internal sales target of 1 million units. Apple Vision Pro may be lacking some features at launch, such as the ability to show multiple Mac desktop screens or to run iOS apps natively. These features may be added later through software updates.  Apple Vision Pro is the result of decades of research and development by Apple, which has filed many patents related to spatial computing, smart rings, and projection systems. Some of these patents may hint at the future capabilities of the device. Apple Vision Pro is expected to face competition from other VR and AR headsets in the market, such as Microsoft HoloLens 2, Magic Leap 2, Meta Quest Pro, VIVE XR Elite, Meta Quest 3, Valve Index, and Sony PlayStation VR 2. Apple Vision Pro is aimed at both consumers and enterprise customers

  Apple Vision Pro is an innovative spatial computer that seamlessly integrates digital content into your physical environment. By utilizing your eyes, hands, and voice, you can easily navigate and engage with this groundbreaking technology. Unveiled at the Apple Worldwide Developers Conference (WWDC) on June 5, 2023, Apple Vision Pro is scheduled to become available for purchase in the United States in 2024. It introduces visionOS, the world's first spatial operating system, enabling users to interact with digital content as if it were physically present in their surroundings. The device boasts a remarkable dual-display system with an ultra-high resolution of 23 million pixels, alongside a distinctive dual-chip design powered by custom Apple silicon.  Apple Vision Pro specifications Highlight -The Apple Vision Pro is a spatial computer that can display both VR and AR content using its 12 cameras and 5 sensors. - It has two micro-OLED displays with a total of 23 million pixels, wh

  What's in your portfolio? BTC stands for Bitcoin, the first and most popular cryptocurrency that was created in 2009 by an anonymous person or group using the name Satoshi Nakamoto. BTC uses a peer-to-peer network to enable transactions without intermediaries or central authorities. BTC has a limited supply of 21 million coins and is currently the largest cryptocurrency by market capitalization. ETH stands for Ethereum , the second-largest cryptocurrency by market capitalization that was launched in 2015 by Vitalik Buterin and other co-founders. ETH is more than just a currency, it is a platform that enables smart contracts, decentralized applications and other innovations using its native programming language Solidity. ETH has no fixed supply limit and is currently undergoing a transition from a proof-of-work to a proof-of-stake consensus mechanism. BNB stands for Binance Coin, the native token of Binance, the world's largest cryptocurrency exchange by trading volum

  The Titan submersible was a 5-person vessel designed to take people to depths of 4,000 meters for various purposes, such as exploring the Titanic wreck. It was built with modern materials and technology, such as carbon fibre and real-time hull health monitoring. However, on Sunday, 29 June 2023, the Titan sub suffered a catastrophic implosion while descending to the Titanic site, killing all five passengers on board. The US Navy detected sounds consistent with an implosion shortly after the sub lost contact, but this information was only made public on Thursday. The cause of the implosion is still unknown, but it is believed that the immense water pressure at depth caused the hull to collapse inward at a very high speed, incinerating the human bodies instantly. Some experts suspect that the carbon fibre mid-section of the sub may have been flawed or unstable under such pressure. A huge search mission was launched to locate the debris field of the sub, which was found on Thursda

   The top 3 selling laptops in 2022-2023 1. HP Pavilion Plus 14 - A 12th Gen Intel® Core™ i7-12700H Processor with up to 4.7 GHz speed and 24 MB cache. - A 35.6 cm (14.0 in) diagonal OLED display with 2.8k resolution and 400 nits brightness. - A high-resolution HP True Vision 5MP Camera and HP speakers custom-tuned by B&O. - Weighs approximately 1.4 kg. Pros:         - Design and build quality: HP is offering the Pavilion Plus 14 with a fully recycled aluminum chassis.         - Display quality.         - Spectacular 90Hz OLED display, strong performance, class-leading build quality, great keyboard, easy serviceability, good array of ports and 5-megapixel webcam. Cons:          - Poor battery life, no webcam privacy shutter, no Thunderbolt support, too much pre-loaded software.  Click for more details >> HP pavillion 2. Apple MacBook Air (M2, 2022): - An Apple M2 chip with an 8-core CPU and up to 10-core GPU. - A 13.6-inch Liquid Retina display with

    AI chatbot  software refers to a computer program that harnesses the power of artificial intelligence (AI) to replicate human-like conversations with users. Its applications span a wide range of purposes, including but not limited to customer service, entertainment, and the acquisition of information. Start to build a chatbot There are several ways to build a chatbot. You can use a chatbot platform or an API that suits your needs, or you can build one from scratch using programming languages such as Python or Java. Here are some general steps to follow when building an AI chatbot: 1.       Identify the purpose   and the platform of your chatbot.   What problem do you want it to solve?   What are your business needs? This will help you choose the right platform   or API for your chatbot.For example, if you want to build a customer service chatbot, you might want to use a platform that specializes in customer service chatbots, such as Tidio or MobileMonkey.Once you have identified th

  Virtual banking refers to the act of accessing banking institutions and their functions online without having to make a physical appearance at the banking hall. It entails making various banking services available via extensive use of IT without the need for the physical walk-in.   Virtual banking offers several advantages , including: - Comparative reduction in fees and elevated interest rates in contrast to traditional banks. - Heightened convenience and flexibility for customers in managing their financial affairs. - Expedited and simplified transactions and transfers. - Strengthened security measures and enhanced privacy features to safeguard customer information.   However,  virtual banking also presents certain challenges , such as: - Absence of direct personal interaction and in-depth customer service experiences. - Restricted availability of cash and limited access to automated teller machines (ATMs).  - Higher risk of cyberattacks and fraud - Regulato

Use it well! Chat GPT Chat GPT is a chatbot that uses a large dataset of text and code to generate natural language responses. It can analyze data and solve problems, but it does not have access to the internet or new information. It learns from user feedback and improves over time. Bing AI chat Bing AI chat is a chatbot that uses the same technology as Chat GPT, but it also has access to the web and can generate images. It can provide factual information and sources for its answers, but it has limits on how many queries and exchanges it can handle. Bard Bard is a chatbot that uses Google's own model, called LaMDA, to generate natural language responses. It can also access the web via Google Search, but it often gives less text-heavy answers. It is still in an experimental phase and not widely available. Cr. meetanshi.com inferse.com pcmag.com theverge.com Read how to start Chatbot >>