Shoppers spend more when they use digital wallets for payments

Digital wallets - Increase in use

Consumers using online transactions spent 31 percent more than non-users in a recent US survey. US shoppers who use digital wallets spend significantly more across several major categories than their non-user counterparts. This was the finding of a PYMNT and AWS survey of 2,501 people The survey found that people using digital payments spent 31 percent more than non-users across a spectrum of categories. Restaurant sales saw the biggest difference, as people paying digitally spent an average of 33 percent more, since they spent an average of $44 per bill,…

Read More

Canadian city uses AI technology to reduce recycling contamination

AI Technology - Recycling Contamination

Kelowna, British Columbia used artificial technology to improve recycling bin contents by 23 percent Kelowna, a city in the Canadian province of British Columbia, has implemented AI technology and smart cameras into a new program to reduce recycling contamination in its municipal curbside recycling bin program. So far, the program resulted in a 23 percent improvement According to officials from the Central Okanagan Regional District, to which Kelowna is a part, the improvements in recycling contamination are the result of new smart cameras mounted on collection trucks and that have…

Read More

North American internet traffic took a dive during the eclipse

Internet traffic - Solar Eclipse - North America

Data collected during the period in which the eclipse was taking place showed a notable drop Throughout this week’s solar eclipse, there was a noticeable decease in the amount of internet traffic in the United States, Canada, and Mexico – all countries that were a part of the eclipse’s path of totality. The “Great North American Eclipse” took people voluntarily offline Data shared by Cloudflare showed that “The Great North American Eclipse” led to a decrease in internet traffic within affected countries.  It fell by 8 percent in terms of…

Read More

Is Apple developing its own wearable technology ring?

Wearable technology - The Apple Ring is Coming -Image Source - AppleInsider YouTube

If rumors are to be believed, the iPhone maker is working on a new kind of smart gadget Smart rings are becoming the latest type of wearable technology to make their way into the spotlight, and it appears that Apple may be looking to launch its own version of the product early on. Patent filings have been spotted and show details for such a gadget Apple has filed patents for wearable technology in the form of a smart ring, including diagrams that illustrate a number of ways in which gestures…

Read More

Next step for artificial intelligence could be a DNA-embedded computer chip

Artificial intelligence - DNA - computer

The technology has arrived at the proof-of-concept stage and is meant to boost processing levels A proof-of-concept computer chip with embedded DNA could end up being the next step in artificial intelligence technology. The computer chip was created using a substrate of DNA able to perform calculations The DNA-infused chip is able to perform calculations and is also capable of managing the processing of big data. The idea of using devices based on DNA isn’t anything new, but the proof-of-concept is.  The purpose is to be able to encode data…

Read More