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News / Blog: #work

Is Bitcoin a Ponzi scheme?

12/05/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
No, Bitcoin is not a pyramid scheme. A pyramid scheme is an illegal pyramid scheme in which money is collected from investors by recruiting new investors, who in turn recruit new investors, and so on. Bitcoin is a digital currency that is built and backed by a decentralized network and whose value is determined by supply and demand.
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What is new work?

12/05/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
New Work is a modern approach to work and a new understanding of work based on agile working methods, creative solutions and flexible working environments. It is about making work more efficient and productive by challenging traditional work structures and processes. This includes greater involvement of the individual, the promotion of creativity, the introduction of technological innovations and the creation of a positive work culture.
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How do search engines work?

12/05/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Search engines are programs that search the Internet for relevant information. They scan all available websites for specific keywords and add the results to a list. The results are then sorted by relevance and popularity. Search engines also use several algorithms to determine the ranking of websites. These include things like the number of links to a particular page, the number of visitors to a page, and the keywords used on the page.
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How does a crawler work?

12/05/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
A crawler is a program that navigates the World Wide Web. It follows links to other pages and downloads their content to analyze it. Thus, it collects information about the structure of the web and stores it in a database. For example, it can collect all available links or all words on the page. Afterwards, this database can be used for different purposes, e.g. for search engines, for price comparisons or for scientific research.
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What is network marketing?

12/04/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Network marketing is a form of direct marketing in which distributors sell products or services through referral marketing. These distributors are also referred to as multi-level marketing (MLM) because they extend through multiple levels of sellers. The distributor earns commissions when another distributor sells a product. Network marketing is an effective way to advertise and grow a business. It allows companies to build a broad customer base by marketing their products to a wide audience.
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