Reuters news

Libra cryptocurrency must meet tough regulatory standards-U.S. Treasury

By Reuters | September 10, 2019

BERN (Reuters) – The Facebook-led Libra cryptocurrency project must meet the highest standards for combating money laundering and terrorism financing, a senior U.S. Treasury official said on Tuesday. Any cryptocurrency project, including Geneva-based Libra, operating in all or substantial parts

Harikrishna Kundariya

How Smart Contracts Will Shape The Future of Business?

By Harikrishna Kundariya | September 9, 2019

Smart Contracts Will Shape The Future Every now and then we keep hearing how technology is substantially impacting the digital business world. And now it has become almost impossible to ignore the capabilities of all these significant advancements. You might

SAP News

SAP and Chronicled Announce Blockchain Solution to Verify Prescription Drug Authenticity

By SAP | September 3, 2019

WALLDORF — SAP SE (NYSE: SAP) today announced its latest partnership with Chronicled Inc., a software company, to provide blockchain technology to help pharmaceutical companies comply with the U.S. Drug Supply Chain Security Act (DSCSA). In this partnership, Chronicled’s MediLedger

Quartz

Credit card companies forbid bitcoin purchases—with good reason

By CloudBuzz | August 8, 2019

Apple launched a new credit card this week in partnership with Goldman Sachs and Mastercard, offering consumers 2% cash back on purchases made using Apple Pay (the company’s digital wallet service) and 1% on other transactions. There’s also 3% cash back on

IBM News

IBM and other companies launch new blockchain network for supply management

By IBM Big Data | August 5, 2019

NEW YORK (Reuters) – International Business Machines Corp (IBM.N) announced on Monday a new blockchain network aimed at improving manual and cumbersome supply chain management. Supply chain management involves overseeing the flow of goods and services, such as tracking the

Wired

Everyone Wants Facebook’s Libra to Be Regulated. But How?

By Wired | July 18, 2019

Everyone from President Trump to Representative Maxine Waters (D-California) says Libra, Facebook’s planned cryptocurrency, should be heavily regulated. But nobody seems to know how—including Facebook. That much was clear in the often muddled questions of legislators who hauled in Facebook

Wired

‘Mirror Worlds’ Creator Wants to Displace Facebook—With Blockchain

By Wired | July 6, 2019

David Gelernter’s giant macaw, Ike, has taken a tumble. One moment he was there, offering agreeable squawks as Gelernter spoke, and then, in a flash of lightning, he wasn’t. Ike is fine, the 64-year-old Yale computer scientist assures me, simply

Reuters news

World’s central banks tackle technology with innovation hub

By Reuters | June 30, 2019

ZURICH (Reuters) – Central banks grappling with fast-changing financial technology and companies like Facebook moving into finance will aim to work together more closely through an innovation hub approved on Sunday by the Bank for International Settlements. The BIS said

Facebook

Facebook reveals Libra cryptocurrency, with lofty goals

By Reuters | June 18, 2019

SAN FRANCISCO/NEW YORK (Reuters) – Facebook Inc revealed plans on Tuesday to launch a cryptocurrency called Libra, the latest development in its effort to expand beyond social networking and move into e-commerce and global payments. Facebook has linked with 28

MIT tech review

Facebook is expected to unveil its secretive cryptocurrency next week

By MIT Technology Review | June 14, 2019

Big payment firms and other digital companies are all backing the social-media giant’s first foray into crypto. The news: Facebook will release the white paper associated with its new digital currency next week, the Wall Street Journal reports. Firms like Paypal, Uber,

Wired

Bitcoin’s Climate Impact Is Global. The Cures Are Local

By Wired | June 12, 2019

THE OPERATORS OF the only bitcoin mine in Missoula County, Montana, thought they were doing everything right. They set up shop in an abandoned mill on the edge of town, made a plan to recycle the computers when they conked out,

Oracle News

Oracle Media Days: A Winning Cloud Apps Strategy, Cloud Security, and Innovation

By Oracle | May 3, 2019

Oracle CEO Mark Hurd on May 1, 2019 spoke to reporters at Oracle Media Days about how the company has taken the pole position in the business cloud apps race. He said Oracle will continue to build on its gains

Blockchain Is Transforming Cyber Security

How Blockchain Is Transforming Cyber Security

By Cloud Syndicate | April 15, 2019

Blockchain Is Transforming Cyber Security Introduction Computer technology and the internet have disrupted the old way of doing business. New revenue streams continue to come up, and business models of yesteryears are all but forgotten. But these changes are not

John Pientka

Algorithms Are Everywhere. How Do We Get Comfortable With Them? Go for a Goldilocks Answer

By John Pientka | March 26, 2019

How do you come to terms with all those algorithms that increasingly pervade our lives? How do you know you can trust them? Turns out that the answer is in human psychology and our need for a Goldilocks explanation. Some

Tech Leaders Look To IoT, AI & Robotics To Fuel Growth Through 2021

By Louis Columbus | November 20, 2018

30% of tech leaders globally predict blockchain will disrupt their businesses by 2021. IoT, Artificial Intelligence (AI) and Robotics have the greatest potential to digitally transform businesses, making them more customer-centered and efficient. 26% of global tech leaders say e-Commerce

Thomas Franklin

How Blockchain Could Be The Solution To Many of the Problems in Healthcare

By Thomas Franklin | October 3, 2018

Blockchain Can Solve Many Healthcare Problems Emma decides to see a primary care physician after she witnesses a series of memory lapses followed by severe headaches. The physician after performing preliminary tests such as a CT scan and blood work

Artificial Intelligence And The Future of Accounting

By Tim Chaves | July 10, 2018

The Future of AI Accounting Artificial intelligence has become an extremely hot topic over the last couple years. While many people welcome the thought of self-driving cars and chatbot customer service agents, others are rife with worry over the disappearance

Cloud Accounting Industry

Skills for faster innovation in financial services

By Peter HJ van Eijk | April 3, 2018

Banks and insurance companies are going through a lot of changes. Read on to see my thinking on how to facilitate that change if you are working in financial services. Pathways to innovation There are two major pathways to innovation in financial services, and

Your Blockchain Use Case Probably Isn’t A Blockchain Use Case

By Cloud Syndicate | March 7, 2018

BLOCKCHAIN USE CASE Blockchain is the underlying distributed ledger technology for cryptocurrencies such as Bitcoin; it has been at the forefront of business news in the last two years. Fortunes have been built and lost buying and selling cryptocurrencies. In

What are Smart Contracts?

The State of Smart Contracts: Many Challenges Ahead

By Kiril Kirilov | February 28, 2018

The State of Smart Contracts With blockchain technology expanding into a growing number of industries and its applications broadening by the day, organizations and individuals are to witness self-executing smart contracts in literary any field of business. Decentralized apps, or

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