TOBUN BABATUNDE BLOGS

The Central Bank of Nigeria (CBN) is set to launch the eNaira on October the 1st.  Let us take a closer look at the eNaira, what it means for you, and how you can position to take advantage of its launch. What is the e-Naira? The e-Naira will be a digit representative of the paper Naira currency issued by the Central Bank of Nigeria.  The eNaira will be a “complementary” legal tender in Nigeria, having the same exchange value as the Naira, and maintain a “parity of value” with the Naira.  The e-Naira will not earn any interest to holders.  The e-Naira is built on a blockchain open ledger technology.  Creating the eNaira on the blockchain means you cannot have a duplicate or fake eNaira.  Each eNaira note will be unique. Is the e-Naira a Stablecoin? A stable coin is a cryptocurrency backed by reserves.  The keyword is reserves, but what kind of reserves?  Stable coins are backed by holding an equal equivalent of FIAT money like the US dollar. ...

  The intelligence demonstrated by machines is known as Artificial Intelligence. Artificial Intelligence has grown to be very popular in today’s world. It is the simulation of natural intelligence in machines that are programmed to learn and mimic the actions of humans. These machines are able to learn with experience and perform human-like tasks. As technologies such as AI continue to grow, they will have a great impact on our quality of life. It’s but natural that everyone today wants to connect with AI technology somehow, may it be as an end-user or pursuing a career in Artificial Intelligence. Table of Content Introduction to Artificial Intelligence? How Artificial Intelligence Works? What are the types of Artificial Intelligence? Where is AI Used? What are the Prerequisites for Artificial Intelligence? Applications of Artificial Intelligence in business? Everyday Applications of Artificial Intelligence Artificial Intelligence Jobs Career Trends in AI Future of Artificial Intel...

  As cloud computing rapidly proliferates enterprise IT, CIOs must pay attention to four aspects of cloud computing that will affect their adoption of services in 2021. Cloud computing is firmly established as the new normal for enterprise IT. Across industries, cloud continues to be one of the fastest-growing  segments of  IT spend . With greater spend, however, comes greater responsibility for CIOs to invest budgets wisely, and a bigger impact if things go wrong. “CIOs looking to prepare their organization to thrive in the  upcoming turns  must take a differentiated approach to cloud computing,” says  Gregor Petri , Vice President Analyst, Gartner. “It will be essential for CIOs to develop a formal strategy that helps to put individual cloud decisions in the context of the enterprise’s strategic goals.”   By 2023, the leading cloud service providers will have a distributed ATM-like presence to serve a subset of their services   In the new era of...

  “Cloud computing” takes hold as 69% of all internet users have either stored data online or used a web-based software application Some 69% of online Americans use webmail services, store data online, or use software programs such as word processing applications whose functionality is located on the web. In doing so, these users are making use of “cloud computing,” an emerging architecture by which data and applications reside in cyberspace, allowing users to access them through any web-connected device. Most internet users are unlikely to be aware of the term “cloud computing.” But online Americans who use webmail services such as Hotmail or Gmail are taking advantage of data storage capabilities managed by a network of computers, which in turn permits access to a user’s email through whatever device he has at hand. Below is a rundown of the share of internet users who have done a select set of online activities that involve storing data online or accessing applications in cybers...