Artificial intelligence has a huge potential to reduce time and improve efficiency in legal work. On the litigation side, natural language processing (text analytics) can summarize thousands of pages of legal documents within minutes – a task that might take a human counterpart several days to complete – while reducing the probability of error. As AI platforms become more efficient [...]

The 2015 World Economic Forum, underlined the concept of blockchain as one of the six future megatrends for the next decade. A possible impact on transaction activities is that none of these are likely to become a reality unless governments and businesses adapt quickly to the new platform. This would likely facilitate automated processes using big data and analytics and [...]

Using in-depth analysis of blockchains through the data they produce and pattern recognition across thousands of interactions, it may be possible to identify nefarious users and those you should avoid doing business with. It is the equivalent of credit checks on a credit card, making sure that the actions are legal and genuine. This kind of work is not only [...]