This week, the World Economic Forum (WEF) released a report stating that in the coming years, robots and AI will replace 75 million jobs globally. At first, this is due to four specific technological advances ”ubiquitous high-speed mobile internet; artificial intelligence; widespread adoption of big data analytics; and cloud technology. By 2022, thanks to smart algorithms and … [Read more...] about Why Robots Will Require Governments and Organisations to Adapt
regulators
How CDOs View Data Ethics: Corporate Conscience or More Regulations
We really are in the midst of a data revolution. With a huge amount of data being generated every day, organizations in the current world are encircled left, right, and center by data and the analytic tools that are required for handling it. Leveraging this data has given companies unprecedented insights into different customer preferences and how they can cater to these needs. … [Read more...] about How CDOs View Data Ethics: Corporate Conscience or More Regulations
The Repercussions of Facebook’s and Google’s Ban on Cryptocurrency Ads
Back in January, Facebook led the way in banning cryptocurrency ads. The social media giant decided to break up with all the companies advertising binary options, cryptocurrencies, and ICOs on their platform. This was a bold move and it was soon reflected on the Google's decisions, too. In March, they announced their Financial services policy update for June 2018. Even this may … [Read more...] about The Repercussions of Facebook’s and Google’s Ban on Cryptocurrency Ads
How Blockchain and GDPR Could Work Together
In an era where data privacy is an increasing concern, blockchain technology is moving toward a more transparent and more verifiable security model. Blockchain is a decentralised database where any data stored is read and write and not editable. As such, any data is immutable, verifiable and traceable. That puts blockchain in direct opposition to the General Data Protection … [Read more...] about How Blockchain and GDPR Could Work Together
How Blockchain is Reinventing the RegTech Market
Regulation Technology (RegTech) is one of the fastest growing sectors of the software and technology industry for good reason. Banks, private equity, hedge funds, and other financial institutions are often able to reduce compliance costs and expense by up to 50 percent with proper implementation of RegTech solutions. The question is, where is the RegTech market headed next, and … [Read more...] about How Blockchain is Reinventing the RegTech Market