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On July 21, The White House announced that prominent artificial intelligence (AI) companies, such as OpenAI, Google and Microsoft, have committed to developing AI technology that is safe, secure and transparent. The White House also acknowledged other companies like Amazon, Anthropic, Meta and Inflection for committing to AI safety.The Biden
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Artificial intelligence (AI) has created a furor recently with its possibility to revolutionize how people approach and solve different tasks and complex problems. From healthcare to finance, AI and its associated machine-learning models have demonstrated their potential to streamline intricate processes, enhance decision-making patterns and uncover valuable insights. However, despite the
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In the midst of a bear market, the last story the crypto industry wanted to see hit the headlines was the debacle at FTX. It’s a story centered on the biggest negative perception many in the public still have of the crypto industry: that transactions regularly happen out of public
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“In the wake of the market collapse due to multiple [U.S. Federal Reserve interest] rate hikes, and the downfall of bad actors such as Three Arrows Capital, Celsius Network and Terra, risk management comes to the forefront of crypto, particularly in the credit markets,” Camas said. Source
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African mobile banking platform Aella has partnered with Creditcoin Network to make credit histories transparent by integrating all its transactions into Creditcoin’s public blockchain.In an announcement sent to Cryptox, Creditcoin said that all Aella's credit transactions will be recorded on the Creditcoin blockchain, making it easy to audit and available
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As the conversation around privacy intensified with the recent Litecoin (LTC) upgrade called Mimblewimble and regulators’ reaction to the feature, Adrian Brink, the founder of blockchain protocol Anoma, weighed in on the topic and shared his perspectives to Cryptox. According to Brink, privacy is an essential tool for democracy because it
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Diamonds are some of the world’s most valued gemstones, and the global diamond industry has managed to remain afloat despite being partially eclipsed by the emergence of modern stocks and novel virtual assets.The diamond industry, however, appears to be undergoing a paradigm shift in recent times — incorporating modern technology
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A long-standing legal drama finally found resolution on Feb. 23, with the New York Attorney General’s office announcing that it had come to a settlement with cryptocurrency exchange Bitfinex after a 22-month inquiry into whether the company had been trying to cover up its losses — touted to be worth
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The tax bureau of Beijing has officially announced that it will start implementing blockchain invoicing within the city on March 2.Beijing hopes blockchain invoicing can bring more transparency to taxpayersBeijing aims to bring blockchain’s unique transparency, traceability and immutability to its future governance with the usage of blockchain invoicing.
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In November 2019, security firm Risk Based Security called last year the “worst year on record” for breaches, with almost 8 billion records affected. Third-party control over personal data makes privacy something that is no longer a given.The advent of blockchain technology seems to have heralded a new era in
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