Blockchains, a technology behind the success of cryptocurrency, symbolize an great application of cryptography and technology to one of the biggest problems of record-keeping for financial institutions, and they may create some far-reaching changes in method of transactions. Many big institutions of the industry had invested billions in the new technology, and many other industries have proposed new methods of transactions and ownership shift by use of the blockchains. This article studies the possible implications of the changes for stakeholders into the business like investors, employees, auditors, external shareholders, customers and other parties. The greater transparency, better transaction, accuracy, greater liquidity and lower cost offered by the technology may considerably turn over the uses and way of working of the industries.

Many big institutions of the industry had invested billions in the new technology, and many other industries have proposed new methods of transactions and ownership shift by use of the blockchains. - Agree

Data security has never been a more important consideration for consumers or for the businesses they patronize and partner with. It’s also never been more difficult to ensure. Every single day, consumers’ personal, health and financial information is at risk of theft. This can lead to identity theft, and to serious financial ramifications. While military-grade encryption on websites and through smartphone and tablet apps can be an important precaution, it’s just a Band-Aid. More must be done. Blockchains may hold the key to ensuring data security, but how does the technology that underpins bitcoin and other cryptocurrencies ensure data security for consumers and businesses?

Data security has never been a more important consideration for consumers or for the businesses they patronize and partner with. - Quite a point

Unless you’ve been living under that proverbial rock, you’ve at least heard of cryptocurrency – those digital, non-corporeal monetary units that have the world abuzz these days. Bitcoin is probably the most obvious such crypto coin, but there are plenty of others that have sprung up in the wake of bitcoin’s success, such as Ethereum and Ripple. However, chances are good that unless you’re a financial expert, and possibly even if you are such an expert, you’re not all that clear on what cryptocurrency is, how it works, the risks involved, or even why or how to accept it as payment. Within this guide, we’ll explore those topics and more to help you understand how to buy, use and invest with cryptocurrency. To many people, the term “cryptocurrency” might seem pretty self-explanatory, but if you take a deeper look at the subject, you’ll likely find that it’s more complicated than it might seem at first glance. After all, crypto coins have virtually nothing in common with traditional currency, other than acting as a store of value. Even that similarity can be questionable. So, what is a cryptocurrency?

how to buy, use and invest with cryptocurrency. - Some great platform and uses. Thanks for sharing

Correlation is a statistic that measures the strength and direction of the associations between two or more variables. Causation, on the other hand, is a relationship that describes cause and effect. “Correlation does not imply causation” is a famous quote that warns us about the dangers of the very common practice of looking at a strong correlation and assuming causality.

Correlation is a statistic that measures the strength and direction of the associations between two or more variables. - Agree

Two stage process: – Exploratory: Search for evidence using all tools available – Confirmatory: evaluate strength of evidence using classical data analysis

How can I plot 2 dimension data with weight?

You can try scatter plot command in Matlab

Any recommendation?

Well said about all visulaization methods. Thank you Abhishek for your valuable points. Can you give the explanation about Sankey diagram?

Any suggestion?

It doesn't make sense to use bar graph in visualizing continuous data, because bar graphs are suitable for count data such as discrete data.

Can anyone suggest an open source software to make scientific diagrams?

Gliffy

What is the best software to produce geological block diagram with the quality of publications?

Some of the tools are:1. scientific illustrator.2. AutoCad3. Noddy - 3D Structural Modeling 4. Ortep - crystal structure visualization 5. Paleomag - paleomagnetic plotting