An AI hedge fund designed a cryptocurrency to open source Wall Street
WHY THIS MATTERS IN BRIEF The finance marketplace is unique in that, unlike the technology sector, it has little to no “network effect” but one entrepreneur is trying to change that   Wall Street is a competition, a Darwinian battle for the almighty dollar. Gordon Gekko said that greed... Read more
IBM and Hyperledger launch enterprise ready blockchain
WHY THIS MATTERS IN BRIEF Blockchain is quickly emerging as one of the world’s most disruptive technologies, and IBM wants everyone to have access to it   Following hot on the heels of announcing that it wants to be the first company to offer the world’s first universal “Quantum... Read more
Brain scan experiment detects guilt, opens the way for pre-crime tech
WHY THIS MATTERS IN BRIEF Being able to detect that someone feels guilty could be used to detect the likelihood of a crime happening, as well as assign blame after the event   Neuroscientists around the world have been trying to decipher the brain and all of its beautiful... Read more
Google DeepMind uses bitcoin like tech to track NHS patient data
WHY THIS MATTERS IN BRIEF Plagued by critics who accuse Google DeepMind of getting too much “free” access to NHS patient data, DeepMind’s new “bitcoin like” audit platform will let people know exactly how data is being accessed and used   Google’s AI powered health tech subsidiary, DeepMind Health, is planning... Read more
New brain research discovers people are great at predicting what’ll go viral
WHY THIS MATTERS IN BRIEF Why does anything go viral? Ask a million people and a million people will have a million different answers, but according to new research the real answer’s inside your head   I have to admit that as I read through the science behind this... Read more
Humans come up trumps as Facebook rolls out its solution for fake news
WHY THIS MATTERS IN BRIEF Fake news is now regarded as one of the most politically destabilising developments in recent years, Facebook’s new solution hopes to turn the tide on the fakers   Ironically, for all the amazing things that artificial intelligence (AI) can do, from running Wall Street... Read more
Walmart chases Amazon Go, will start trialling cashierless stores
WHY THIS MATTERS IN BRIEF The retail wars are hotting up and innovation is still many retailers weapon of choice, but as Walmart steps up the pressure on Amazon hopefully customers should be the winners   Following in the footsteps of its arch rival Amazon, Walmart has announced that it... Read more
A connected heart just helped convict a man of arson
WHY THIS MATTERS IN BRIEF Connecting devices to each other and to the internet can make them much smarter, and much more usable, but increasingly companies and law enforcement are using connected devices to track, log and analyse our activities, and that has some serious privacy implications   People... Read more
Blockchain and Universal Basic Income join forces to lift 22,000 children out of poverty
WHY THIS MATTERS IN BRIEF Despite recent developments, if poverty was a disease governments would classify it as a pandemic, now though the unlikely union of emerging technology and the charity sector could one day drive poverty to zero   As the popularity of blockchain grows so too do... Read more
Researchers prove your smart watch can flag when you’re getting ill
WHY THIS MATTERS IN BRIEF Every doctor will tell you that the earlier you can detect and diagnose disease the better your chances of recovery, and the swifter it will be, now smart devices might know you’re ill before you do   Wearables have been struggling to find a... Read more
Hiding on the Dark Web just got a whole lot easier
WHY THIS MATTERS IN BRIEF A new Tor update has just created a new, even darker section of the Dark Web and it’s great news for privacy advocates – and criminals   Only ten to twenty percent of the web can be searched and indexed by search engines, and... Read more
World first as Norway turns off FM radio and goes digital only
WHY THIS MATTERS IN BRIEF Old FM analogue technologies have been with us for centuries but demanding infrastructure requirements, poor signal quality and low data rates mean that a switch to DAB is long overdue   All of you reading this article will have grown up listening to FM... Read more
Goldman Sachs wants to put FX trades on the blockchain
WHY THIS MATTERS IN BRIEF Using a blockchain will allow Goldman to settle FX trades in real time, without the need for expensive intermediaries and without compromising compliance, integrity or security   Trading currencies is costly and slow for traders at major financial institutions – transactions need to go... Read more
Google and Facebook are building the worlds fastest trans Pacific internet cable
WHY THIS MATTERS IN BRIEF Global internet use is exploding and more of the internet giants are taking it upon themselves to fund their own trans oceanic internet cables in order to secure spectrum, decrease latency and improve security   The world of submarine internet cables is vast and... Read more
Elon Musk believes universal basic income is inevitable
WHY THIS MATTERS IN BRIEF Many people believe that a rising tide of automation and intelligent machines will put much of today’s workforce onto the streets leaving governments with no option but to roll out some form of universal basic income, and it appears that Elon Musk thinks the... Read more
Facebook gets an EU E-Money license, parks its bus on the banks lawns
WHY THIS MATTERS IN BRIEF We live in a world full of unprecedented change and opportunity but many business leaders are guided by a historic view of business and industry evolution not a millennial view, the rules of business have changed, this is the time for re-invention not “just”... Read more
Walmart improves public safety by putting pork on the blockchain
WHY THIS MATTERS IN BRIEF Global supply chains are complex and can be easy for criminals to exploit by putting pork onto the blockchain Walmart are able to ensure and query the integrity of their supply chains, identify problems and pull tainted batches off of the shelves faster  ... Read more
Canadian province votes to trial Universal Basic Income
WHY THIS MATTERS IN BRIEF As technology automates more jobs governments around the world are trialling UBI as a means to potentially mitigate social unrest and increasingly inequality   In the face of growing automation which many governments and analysts believe will lead to a rapid rise in global... Read more
Walk in. Shop. Walk out. Amazon unveils its new cashless cashierless store
WHY THIS MATTERS IN BRIEF Most companies understand the concept of the “Frictionless customer experience” but very few of them are any good at it, Amazons latest store demonstrates what you can achieve if you have vision and a willingness to experiment   No cash? No time to wait?... Read more
China rolls out its Social Credit Score complete with Orwellian overtones
WHY THIS MATTERS IN BRIEF The technologies to create an Orwellian state surveillance and ratings system already exists, but without the will and resources to pull one together they remained relegated to the pages of fiction, until now   Swiping her son’s half fare student card through the turnstile... Read more
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