A few days ago, a startup called Bancor raised around $153 million in two hours and twenty-five minutes. The ICO, short for initial coin offering, followed several similar, equally successful funding events, and the numbers are rising. Prediction market Augur raised around $5.2 million over two months in 2015; this year, its competitor Gnosis raised […]
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We can get rid of bad bosses once and for all. At least that’s the promise of a radically new type of organization based on blockchain technology. It’s called a Decentralized Autonomous Organization and it has no CEO, CFO, or VPs. In fact, there’s no hierarchy at all. Of course, any time you bring people together in […]
“Code is law,” as described in Lawrence Lessig’s book ‘Code and Other Laws of Cyberspace’, refers to the idea that computer code has progressively established itself as a predominant way to regulate behavior to the same degree as legal code. With the advent of blockchain technology, code is assuming an even stronger role in regulating […]
If you’re impress with the progress we’re making with A.I. so far, hang onto your hats. We’re just getting started. Over the next 10 years, artificial intelligence will make more progress than in the fifty before it, combined. With countless quickly oncoming applications to business, government, and personal life, its influence will soon touch absolutely every […]
Even years into the deployment of the internet, many believed that it was still a fad. Of course, the internet has since become a major influence on our lives, from how we buy goods and services, to the ways we socialize with friends, to the Arab Spring, to the 2016 U.S. presidential election. Yet, in the […]
The alleged lack of available talent for blockchain industry jobs was high on the agenda at the DTCC’s Fintech Symposium, held at the Grand Hyatt in New York City yesterday. There, executives from a wide range of companies took turns addressing an audience of several hundred financial industry executives to express their concern about what they believe […]
In a major price surge, Dash has nearly doubled market cap over the last month, overtaking Litecoin and Monero to become the fourth most valued cryptocurrency. This week one year ago, Dash was the #7 ranked cryptocurrency with a market cap of about $23 mln. This number grew steadily over the course of the year, finishing out the year with […]
The virtual currency has continued its breathtaking rise surging past $1,000, after already winning the crown of the best-performing currency in 2016 by more than doubling its value in the course of the year.
As our desktop computers, laptops, mobile devices, etc. stand idly by for a huge portion of the day, the need for computing resources is growing at a fast pace. Large IoT ecosystems, machine learning and deep learning algorithms and other sophisticated solutions being deployed in every domain and industry are raising the demand for stronger cloud […]
The fashion industry – from your department store to your luxury boutique – is undergoing significant change at the hands of the digital revolution. That’s not new in concept. Neither, mind you, is talking about things like artificial intelligence, virtual reality or blockchain as emerging technologies.