Kozminski Techblog

It is not a secret that AI is highly implemented in every aspect of our daily lives, be it medicine, car production, or even the fashion industry. Nevertheless, not many of us expect to see AI-created products in our fridges.

However, nowadays the world is full of surprises.  The Coca-Cola Company introduces a new flavor created with the help of AI power and claims that it is the taste of the future. The company has combined technology and taste to create a unique experience for consumers.

Coke Y3000 was ‘co-created with AI’ and is meant to taste like the future.

AI Business

The creation

Coca-Cola ventured into the world of AI-generated flavors after realizing that consumer preferences are constantly changing. In today’s world, where customization and personalization are crucial, the company aimed to develop a drink that would not only cater to diverse tastes but also challenge the limits of what a cola can be.

The heart of this innovative venture lies in the sophisticated AI model that Coca-Cola employed. Trained on a myriad of data points, the AI system learned to understand the intricate nuances of flavor profiles, textures, and aromas. It was programmed to explore unconventional combinations and identify synergies that human taste testers might overlook.

The AI model generated countless possibilities for flavor combinations, and each iteration considered feedback from sensory experts. They took the learnings from each attempt and incorporated them into subsequent ones. The end result was a flavor that went beyond the ordinary, showcasing the potential of AI in the realm of culinary creation.

Is this even edible?

After introducing its AI-generated Coca-Cola flavor, the company eagerly awaits feedback from consumers. Early reviews indicate a positive reception, with many expressing enthusiasm for the innovative approach to beverage creation.

The verdict? It tastes fruity.

AI Business

Many Coca-Cola fans claim that the taste is refreshing and resembles a mix of fruit and bubble gum.

Conclusion

Coca-Cola’s venture into AI-generated flavors is a bold step toward the future of beverage innovation.By leveraging artificial intelligence, the company has not only created a unique and exciting product but has also set the stage for a new era of taste.

This marks a shift in the beverage industry, where technology and taste intersect to create products for a diverse global audience.

This flavor was created to show us an optimistic vision of what’s to come, where humanity and technology are more connected than ever.

Resources:

Article about the crteation of special test (AI business)

Official site of Coca-Cola about a new taste.

Reviews about new taste. 

Bard.

Another review: “Y3000: Where Technology Meets Taste in Coca-Cola’s Vision of the Future” (LinkedIn).

First country to accept palm payment.

In an era where convenience and security play key roles in our daily lives, China has been at the forefront of pioneering innovative payment methods. Among these advancements, palm payment technology has emerged as a fascinating and secure way to conduct transactions.

How does that work?

Palm payment, also known as palm vein recognition, is a biometric technology that allows people to link their bank accounts or mobile payment apps to their own, unique palm vein patterns. It definitely is a secure and  pretty convenient way to make transactions.

The process;

1. Registration: Person interested in this kind o payment first registers their palm prints with a payment service provider or a bank. During registration, the system captures the unique vein patterns in their palm.
2. Linking to Bank Account: After registration, user links their palm print data to their bank account or mobile payment app, fox example WeChat Pay (app mostly popular in China) .
3. Payment Process: To make a payment, user places their palm on a scanning device at a point of sale. The device reads the palm vein pattern and matches it with the user’s linked account.
4. Secure Transactions: Palm payment is popular for its high level of security. Each person’s palm vein pattern is special, making it almost impossible to copy. This technology eliminates the need for physical cards or cash, enhancing both security and convenience.

The Popularity of Palm Payment in China.

Palm payment technology has quickly gained popularity in China. It’s used in various settings, including retail stores, transportation systems, and even residential complexes;

1. Convenience: Palm payment offers a swift and easy transaction experience. Users can complete payments in a matter of seconds by simply placing their hand on a scanner.
2. Security: With its high level of security, palm payment reduces the risk of fraud or identity theft. The technology’s uniqueness results from palm vein patterns, which are nearly impossible to replicate.
3. Integration: Major mobile payment apps in China, mainly WeChat Pay, have integrated palm payment into their services. This has made it more accessible for most user base.
4. Diverse Applications: Beyond retail transactions, palm payment is used for access control in residential complexes and as a secure method for boarding public transportation.

Conclusion;

In conclusion, as we look into future, the success of palm payment in China gives hope on possibility of contactless payments. It shows the true potential for biometric technologies to change our way of looking at our finances. With each technological phenomenon people are more afraid about security of their financial properties and accounts that can be accessed online. Palm payment is first step into making sure that doesn’t become bigger problem.

https://www.gizmochina.com/2023/05/23/tencent-unveils-groundbreaking-palm-based-payment-system-in-china/

https://greekreporter.com/2023/06/08/palm-payment-china/

Exploring the Future of Payments: WeChat Palm Payment (linkedin.com)

China Introduces Pay with Palm! Watch How It Works | by Parth patil | Medium

In the recent past, paying for goods and services usually involved cash or swiping a card through a terminal. Nowadays, the landscape of financial transactions has gone through a remarkable transformation. Digital payment refers to online transactions without physical cash exchange. It have revolutionized the way we use money, making it more convenient, secure, and efficient than ever before. 

This article examines the evolution and usage of digital payment systems, exploring how they have become a sophisticated tool.

1. Widespread digitalization. 

In today’s fast-paced world, nobody would doubt that digitalization is everywhere. Our society has become increasingly reliant on digital technology, prioritizing its use above other means of communication and information exchange. Therefore the demand for efficient and secure digital payment options continues to grow.

The global economy has become increasingly digitalized. E-commerce has revolutionized retail, enabling businesses to reach customers in any location they might be, either physically or digitally with the help of the Internet. Cryptocurrencies and digital payment systems have emerged, altering the way we conduct financial transactions. Today we cannot imagine the world without online transactions,  since it became a crucial part of every business.

2. Accessibility and online banking

Online banking and e-commerce platforms allowed consumers to make purchases from the comfort of their homes. Digital payment systems break down geographical barriers and facilitate cross-border transactions. Payment gateways, such as PayPal, emerged, enabling secure online transactions. These developments not only transformed the retail industry but also opened doors for digital-only banks and startups to challenge traditional financial institutions.

Digital payment systems offer convenience. They eliminate the need for physical cash, reduce the reliance on plastic cards, and enable quick and easy transactions through smartphones, tablets, or computers. This convenience has transformed the way consumers and businesses handle financial transactions.

3. Cyber security

The convenience of digital payments often involves the collection and storage of vast amounts of personal and financial data. This raises concerns about data privacy and how this information is used and protected. Therefore the topic of cyber security is so relevant nowadays.

Keeping your money safe when you use digital payments is really important. Digital payment systems use special technologies like secret codes, digital IDs, and unique body features (like your fingerprint or face) to make sure your money is protected. These make digital payments very secure.

As digital payment systems continue to evolve, governments and regulatory bodies must adapt to ensure consumer protection, combat money laundering, and maintain financial stability. Striking the right balance between innovation and regulation is an ongoing challenge.

That is why awareness and consciousness are important both in the real world and in cyberspace. 

4. Environment help. Paperless transaction- key to sustainability.

Finally, with the increasing use of digital payments in our daily lives, we can contribute to protecting the environment. The way we make payments has a hidden benefit for our environment. In the past, when we used cash and paper checks for transactions, it harmed the environment by causing deforestation, using a lot of energy, and creating waste. But now, thanks to digital payments like mobile wallets, credit cards, and digital currencies, we’re making a positive impact on nature.

How does digital payment help?

One big way digital payments help is by reducing the need for paper. We used to rely on paper for things like receipts and checks, which required cutting down trees and using a lot of energy to make the paper. 

Less paper use means fewer harmful emissions that contribute to climate change. Producing, transporting, and disposing of paper-based financial records used to release a lot of greenhouse gases.

Therefore, it is a win-win for convenience and nature.

It can be concluded that customers generally appreciate the variety of payment options available to them. However, there is still room for improvement. Businesses need to take note of the fact that younger generations tend to favor alternative payment methods and expect quick and secure transactions as part of their payment experience.

Sources of information:

Article “Billing and Payment Trends and Behaviors” (Aci WorldWide)

Article “The Evolution of Digital Payments: A Timeline” (OriginStamp)

Article “14 Security Measures You Need To Take When Using Digital Payments” (Forbes)

PopAI (AI Power)

Article “Digital Payments: The Benefits, How To Use Them In Your Business And What To Look For In A Provider” (Forbes).