Page 30 - Reclaim YOUR DIGITAL GOLD (without audio)
P. 30
RECLAIM YOUR DIGITAL GOLD
One company that has produced consistent results
— who is at the forefront of space exploration now —
is SpaceX, an American spacecraft manufacturer,
space launch provider, and a satellite communications
corporation founded by Elon Musk.They use data to
send rockets to space and bring them back to earth to
be re-used.
3. The Financial Sector
Data has also been used to affect many changes in
the financial industry. In High-Frequency Trading, data
algorithms are used to make trading decisions; in fact,
the majority of equity trading is now algorithm-based.
These tools can make buy and sell decisions in a fraction
of a second by utilizing social media networks and news
websites.
Data is also used to monitor financial institutions’
trading activity. New regulations have been put in
place internationally to ensure that all pre-trade
communications data is reported so they can be
analyzed by applying various rules to match the data to
relevant financial transactions.
However, this is not the only thing these systems can
do; they can also search for problems and help prevent
rogue trading or trading errors.
4. Security Technology
Our world is becoming increasingly reliant on computer
technology, and there is no indication that this trend will
stop anytime soon. The Digital Age has a lot going for
it regarding convenience and efficiency. It is, however,
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