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’s Libra must obey anti-money laundering rules: French central banker

By CloudBuzz | June 25, 2019

PARIS (Reuters) – Facebook’s planned global ‘Libra’ cryptocurrency must respect anti-money laundering regulations and it must seek banking licenses if it offers banking services, France’s central bank chief said in a magazine interview. Facebook Inc announced plans last week to

Reuters news

Bitcoin tests 15-month highs after 10% weekend jump

By CloudBuzz | June 24, 2019

LONDON (Reuters) – Bitcoin tested 15-month highs on Monday after jumping more than 10% over the weekend, with analysts ascribing the spike to growing optimism over the adoption of cryptocurrencies after Facebook unveiled its Libra digital coin. The biggest cryptocurrency

Tech Crunch

Libra currently looks more like a fiat currency than a cryptocurrency

By CloudBuzz | June 19, 2019

Facebook unveiled a cryptocurrency called Libra yesterday as well as the Libra Association, a not-for-profit that will oversee all things Libra. While Libra’s white paper draws a lot of inspiration from other cryptocurrencies, the current governance model and blockchain implementation remind me of banks more

Bloomberg

Facebook crypto plan draws fire

By CloudBuzz | June 19, 2019

European leaders have reacted with alarm to Facebook’s plans for a cryptocurrency. Citing privacy and money laundering concerns, French finance minister Bruno Le Maire says Libra must not “become a sovereign currency,” while a German member of the European Parliament warns

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

Why Bitcoin Shouldn’t Be a Part of the Futures Exchange Yet

By Daniel Matthews | January 25, 2018

Bitcoin Futures Exchange Recently, cryptocurrencies “crashed,” particularly Bitcoin, which spiraled from a high of $19,783 to a current price of $11212.00 (01/25/2018). There are two prevailing sentiments regarding the crash of Bitcoin and other cryptocurrencies: Alarm and a kind of

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