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How Blockchain Technology Can Reshape the Language Industry

In the language industry, smart contracts could play a key role in the near future, especially in supply chain interaction. A Hong Kong based online translation platform announced its ICO in late 2017, and its cryptocurrency will make use of the Ethereum Blockchain for international payments and smart contract technology. It stressed that international businesses need international currencies.
LT-Innovate's insight:

Argues that smart contracts, translator data privacy evaluation, and vendor reputation inspection could all be better managed using blockchain.

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Teaching Machines to Speak Drilling

Teaching Machines to Speak Drilling | Language Tech Market News | Scoop.it

Intelligent Machines are being used to understand what people are talking about and use this understanding to assist in making operational decisions. An example of this was presented last year by Maana US). “Natural Language Processing Techniques on Oil and Gas Drilling Data” set out how Maana and Chevron trained a machine to understand how drillers describe problems they encountered in operations. This enables well planning engineers to get a better understanding of potential risks associated with drilling a well by seeing how often a problem happened in the past.

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#LT-Related Hot Jobs in Digital Marketing

#LT-Related Hot Jobs in Digital Marketing | Language Tech Market News | Scoop.it

Example: Bot developer
Category: Cross-enterprise technology
Fast fact: Bots or virtual assistants will command 20 percent of user interactions with smartphones by 2019, according to Gartner.
Skills needed: Undergraduate degree in computer science; knowledge of linguistics, interactive language arts, programming, design, engineering, natural language processing and ethics.

LT-Innovate's insight:

Don't forget the Ethics!

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