Kozminski Techblog

SentiOne is a company founded in 2011 by Bartosz Baziński, Michał Brzezicki and Kamil Bargiel. Their first invention was internet and social media monitoring tool. As of now they are concentrating on development of a tool similar to well known chat GPT which you may recognize.

This polish startup is working on creating its own conversational bot, which would be free of the flaws of the revolutionary tool developed by OpenAI.

COO of the company – Bartosz Baziński claims that this revolutionary tool will be better than Chat GPT in terms of polish speech, and will not spread misinformation.

SentiOne boasts about their AI algorithms trained on vast amounts of data, processing 55 million more statements from the previous year, resulting in a total of over 150 million daily mentions from over 69500 sources. The company has significantly advanced its integration capabilities with tools and platforms, including Facebook, Messenger, Microsoft Teams,WhatsApp and Skype.

The main difference between chat GPT and SentiOne’s solution is that verify the information which are used by the AI from different sectors of their interest for ex. banking, tax and finance.

Given the resources at SentiOne, including its datasets and experienced team, I am pretty sure that they will be unparalleled in building the most advanced model for the Polish language. Since SentiOne’s establishment they invested around 42 mln. PLN ~ 10 mln USD which is quite a number.

I would love to hear from you! Are you planning on using SentiOne in your business? Share your thoughts and opinions in the comments below!

Paying with your phone or NFC (Near Field Communication) works by utilizing a technology called RFID (Radio Frequency Identification). This technology works by having two components: an RFID tag and an RFID reader. The RFID tag is embedded in the phone or payment device and contains a unique ID number that is used to identify the user. The RFID reader reads the unique ID number, and then sends it to the payment processor to complete the transaction. NFC specifically uses a shorter range of communication and is commonly used for payments and data transfers between two devices.

How did it all started?

Google, Apple, and Garmin all introduced their own payment platforms that utilized NFC technology. Google was the first to introduce NFC payments with its Google Wallet platform in 2011. Apple followed in 2014 with its Apple Pay platform, which allowed users to securely store credit card information in their iPhones. Finally, Garmin launched its own contactless payment platform, Garmin Pay, in 2016, which allowed users to securely store payment information on their Garmin devices such as smartwatches. All of these payment platforms use NFC technology to securely transmit payment information between the mobile device and the payment terminal.

POTENTIAL THREATS

Although, NFC technology is a great way to make transactions and payments more secure and convenient, there are some potential threats associated with its usage. One of the biggest threats is the possibility of hackers intercepting NFC signals and gaining access to sensitive financial information. Additionally, if a device containing an NFC chip is lost or stolen, there is the potential for someone else to access the data on that chip. Finally, due to its proximity-based nature, NFC technology can be used to track users, which could be a privacy concern, at least to some of us.

To sum up, Near Field Communication (NFC) is a secure and convenient technology used to make payments and transfer data between two devices. Google, Apple, and Garmin have all introduced payment platforms using NFC technology, which helps to make transactions more secure and convenient. However, there are potential threats associated with the usage of NFC technology, which we should bare in mind. Therefore, users should take extra precautions when using NFC technology for payments and data transfers.

Ultimately, I wonder what could be a new usage of NFC technology in the near future. Write in the comment section down below if you have any ideas.

Sources :

https://www.google.com/url?sa=i&url=https%3A%2F%2Fnordvpn.com%2Fblog%2Fwhat-is-nfc-on-phone%2F&psig=AOvVaw2rgcC7Oty9sjZidzFTiONj&ust=1673964450561000&source=images&cd=vfe&ved=0CBAQjRxqFwoTCIiOqdWhzPwCFQAAAAAdAAAAABAF

https://www.google.com/url?sa=i&url=https%3A%2F%2Fsecurityintelligence.com%2Fis-nfc-still-a-vulnerable-technology%2F&psig=AOvVaw20Vk8n16Y5IOig3Ad5WIHL&ust=1674063597195000&source=images&cd=vfe&ved=0CBAQjRxqFwoTCJjP-9iTz_wCFQAAAAAdAAAAABAJ

https://www.google.com/url?sa=i&url=https%3A%2F%2Fwww.istockphoto.com%2Fphotos%2Fnfc&psig=AOvVaw3p-ZCVAS5RRu-VJO68keBU&ust=1674064236756000&source=images&cd=vfe&ved=0CBAQjRxqFwoTCJDF_rKVz_wCFQAAAAAdAAAAABAK

What is Paypal?

PayPal is an electronic commerce company that facilitates payments between parties through online transfers. PayPal allows customers to establish an account on its platform, which is connected to a user’s debit card or checking account. Once identification and proof of funds are confirmed, users can begin sending or receiving payments to and from other PayPal accounts online or through the company’s app.

Since a few years back from now, there has been a lot of controversy around Paypal. Especially about the chargeback system which they developed so as the random accounts banning and clousure. Basically most of the vendors I know who accepts Paypal as one of their payment gateaways had a problem with the chargeback system, because when someone wanted to return the goods they ordered, Paypal could sometimes ban vendor’s account preventing access to money. The worst thing about it in my opinion is that Paypal did not give any specific reason on why those accounts got banned. They can also freeze your rescources for 180 days, also without giving any specific reason.

That is why Paypal has drawn criticism for making decisions to close customers’ accounts without providing details or explanation. PayPal has faced lawsuits in response to its decision to close a vast number of accounts without providing customers with specific reasons. PayPal has also been criticized for its customer service practices, including long wait times and a lack of helpful responses. This has a reflection in Paypal stock prices which plummeted down from around 200$ to 70$ per share.

Apparently Paypal has since taken steps to improve its customer service, providing more detailed and helpful communication when closing accounts.

Moreover Paypal’s security system is too sensitive which can for example ban your account access when you want to buy something while being on vacation or making a larger transaction that usual . I personally had to deal with it, and it was not a pleasant experience.

Another controversy

The most recent thing that happened was a class action lawsuit about Paypal’s new policy concerning fines. You could get a 2500$ fine if you spread misinformation.

What has been your experience with PayPal? Do you feel secure when using PayPal? Maybe you disagree with me? I strongly encourage you to post your opinion about it in the comment section down below 🙂

Sources : https://www.investopedia.com/terms/p/paypal.asp