Cookies help us display personalized product recommendations and ensure you have great shopping experience.

By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
SmartData CollectiveSmartData Collective
  • Analytics
    AnalyticsShow More
    warehouse accidents
    Data Analytics and the Future of Warehouse Safety
    10 Min Read
    stock investing and data analytics
    How Data Analytics Supports Smarter Stock Trading Strategies
    4 Min Read
    predictive analytics risk management
    How Predictive Analytics Is Redefining Risk Management Across Industries
    7 Min Read
    data analytics and gold trading
    Data Analytics and the New Era of Gold Trading
    9 Min Read
    composable analytics
    How Composable Analytics Unlocks Modular Agility for Data Teams
    9 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-25 SmartData Collective. All Rights Reserved.
Reading: Open-source banking with R
Share
Notification
Font ResizerAa
SmartData CollectiveSmartData Collective
Font ResizerAa
Search
  • About
  • Help
  • Privacy
Follow US
© 2008-23 SmartData Collective. All Rights Reserved.
SmartData Collective > Big Data > Data Mining > Open-source banking with R
Data MiningPredictive Analytics

Open-source banking with R

DavidMSmith
DavidMSmith
2 Min Read
SHARE

I’ve heard of R used for analysis within banks before, but these guys are taking it one step further: they are using R to run an entire bank. This isn’t any ordinary bank: from the manifesto it’s an “open-source bank” dedicated to funding open-source hardware projects. Wired describes it as a “peer-to-peer bank” where open-source hardware projects are funded using capital raised from other hardware geeks — and 70 lenders have already stepped up to the plate. Unfortunately the details on how R is actually used there are kinda slim. Perhaps someone in the know can fill us in? Website:…

I've heard of R used for analysis within banks before, but these guys are taking it one step further: they are using R to run an entire bank. This isn't any ordinary bank: from the manifesto it's an "open-source bank" dedicated to funding open-source hardware projects. Wired describes it as a "peer-to-peer bank" where open-source hardware projects are funded using capital raised from other hardware geeks — and 70 lenders have already stepped up to the plate.

Unfortunately the details on how R is actually used there are kinda slim.  Perhaps someone in the know can fill us in?
Website: Open Source Hardware Reserve Bank

More Read

Top Ten Predictions for 2011 from IDC
6 Predictions About the Future of Predictive Analytics
Three Sites to Check Out for Business Analytics Info
How Big Data Will Change People Management Forever
7 Important Types of Big Data
Share This Article
Facebook Pinterest LinkedIn
Share

Follow us on Facebook

Latest News

warehouse accidents
Data Analytics and the Future of Warehouse Safety
Analytics Commentary Exclusive
stock investing and data analytics
How Data Analytics Supports Smarter Stock Trading Strategies
Analytics Exclusive
qr codes for data-driven marketing
Role of QR Codes in Data-Driven Marketing
Big Data Exclusive
microsoft 365 data migration
Why Data-Driven Businesses Consider Microsoft 365 Migration
Big Data Exclusive

Stay Connected

1.2KFollowersLike
33.7KFollowersFollow
222FollowersPin

You Might also Like

Research Uncovers Keys to Using Predictive Analytics

6 Min Read

Predictive Analytics Webinar

1 Min Read

Data Sampling for Association Rule Mining

2 Min Read

Consuming Output for Further Processing

9 Min Read

SmartData Collective is one of the largest & trusted community covering technical content about Big Data, BI, Cloud, Analytics, Artificial Intelligence, IoT & more.

ai in ecommerce
Artificial Intelligence for eCommerce: A Closer Look
Artificial Intelligence
AI and chatbots
Chatbots and SEO: How Can Chatbots Improve Your SEO Ranking?
Artificial Intelligence Chatbots Exclusive

Quick Link

  • About
  • Contact
  • Privacy
Follow US
© 2008-25 SmartData Collective. All Rights Reserved.
Go to mobile version
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?