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Amazon shareholders have voted down proposals of the company’s controversial facial recognition tool (Rekognition) and want to limit its carbon output over environmental concerns. The vote came in the wake of the tool having biases such as under-performs at identifying darker-skinned individuals and women, according to some researchers. In an MIT study, when identifying white men, the tool performed with 100% accuracy, but that accuracy dropped dramatically when identifying women of color, to 69%. An...

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There is no denying it or turning back – Artificial Intelligence is becoming deeply rooted in our everyday lives. More than many even realise. There are many experts that have concerns that a future conducted by AI could actually be beyond our control and cause harm. What do you think? Read what some of the experts are saying. What if AI advances to the point where its creators can no longer control it? How might...

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Previously in Tokenization 101, we did a deep dived into tokenization, how it works and shared a few examples. Before tokenization becomes mainstream there are some challenges that need to be overcome. Below are some of the present challenges and how a tokenized future could look like. What are the challenges associated with Tokenization? 1. Lack of Tokenization standards and legal infrastructure Tokenization is not simply the creation of a token — any Solidity developer can do it....

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Here is a great example where healthcare could potentially be improved through crypto. I think that is worth reading more… AICoin, a tokenised group that uses profits from cryptocurrency trading to take equity stakes in early-stage AI companies, has just completed its first investment in Sevamob Ventures USA Inc. AICoin, through Tessier-Ashpool PTE Ltd. is the lead investor in this $2,000,000 funding round and will acquire a board seat at Sevamob. Other participants in the round include Sorenson Impact Foundation, Impact...

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We’ve heard about blockchain revolutionising real estate, science, supply chain, banking, retail… the list goes on. The beauty behind blockchain is the inability for anyone to tamper with data records. As a result, data can be tracked and authenticated, with all events easily being verified. Below MintDice delves into an example on how blockchain can help the food industry. Read on to find out more. Blockchain and the food industry Where human beings are concerned, there...

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Blockchain has been hyped as one of the most important developments for carrying out failsafe transactions over recent years  Blockchain suddenly became the new mantra, beyond question, the universal solution. So far, many have been awaiting the day when blockchain will gain mass adoption. But is this the right question to ask? Beyond the hype cycle, technology industry experts have expressed their views and concerns about blockchain. What if the new technology, as on so many...

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Conceptually, tokenization might seem easy: Issue an ERC-20 token (or any other blockchain tokens), imbue legal rights and ownership rights in the tokens, and you can trade them easily. However, this warrants a much deeper look: how do you distinguish claim rights and ownership rights? What are the differences in tokenization between different asset classes? What is impeding tokenization from adoption? Thinking comprehensively about tokenization requires an understanding of blockchains and smart contracts, legal, finance, and economics....

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Have you ever considered storing cryptocurrency contributions for retirement? Well, Bitcoin is now also making moves into the individual retirement space. Setting yourself up for retirement is important. An IRA is an account that an individual can use to save up money for their retirement. It can be opened at several financial institutions and has many advantages. There are also many different types of IRAs, including traditional IRA, Roth IRA, and rollover IRA, and each one has its pros and...

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The cryptocurrency regulation atmosphere is becoming stricter by the day due to new initiatives by regulators. For credibility to improve in the industry there is a need to reduce fraudulent cases. Following is a run down on some new regulatory initiatives, the lessons ICO businesses and investors are learning from fraudulent misrepresentation and an example of one business who has now gone into permanent receivership with some pretty hefty fines. TITANIUM BLOCKCHAIN On May 22, 2018,...

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As the demand for digital currencies grows, many new cryptocurrency exchanges will continue to emerge. Most new users carry out all their financial transactions using fiat currency, exchanging money then for Bitcoin on decentralized exchanges or through Bitcoin ATMs and Over-The-Counter brokerages. Many cryptocurrency exchanges, like Coinbase, offer users a way to buy Bitcoin and other major coins using fiat deposits, however only offers about 12 out of the thousands of digital currencies available. It also has...