IBM Shuts Down Facial Recognition Tech Development Due to Inaccuracy IssuesTech giant IBM will no longer develop and sell facial recognition software for mass surveillance. The move came in response to the death of George Floyd, which raised concerns about the accuracy of face-scanning software in terms of race and gender, as well as about how the police use facial recognition technology (FRT) to track […]
IBM’s Winston Yong: There’s a Lot More Good to Come out of Blockchain Than Just CryptocurrencyIt is important that major mainstream companies adopt blockchain technologies. It forms a use case for others to follow and learn from.
Stellar Lumens (XLM) Now Available Across All Coinbase Platforms, Price Boosted by IBM AnnouncementPopular U.S. cryptocurrency exchange Coinbase has announced it now supports Stellar Lumens (XLM) across all its platform, including Coinbase. com as well as Android and iOS apps.
Visa Integrates Hyperledger Tech for B2B Blockchain PaymentsGlobal payments technology provider Visa has announced new product details surrounding digital identity in preparation for a Q1 2019 launch of Visa B2B Connect, its enterprise blockchain platform that enables cross-border payments between businesses.
IBM Introduces ‘Near Real-Time’ Blockchain Payment Network Based on Stellar ProtocolIBM’s Blockchain World Wire (BWW) payment network is out of beta, promising simultaneous clearing and settlement of cross-border payments in “near real-time.” Based on Stellar blockchain, BWW attempts to negate banking intermediaries that add complexity and cost to the traditional international payments systems.
Blockchain Beyond Cryptocurrency: A Brief Guide to the Future Part IIUsing blockchain technology apart from its original application, cryptocurrency, isn’t news any longer. Numerous projects around the globe come up with new ideas as to how distributed ledger technology may be applicable beyond just transacting values. Even though most experts agree that the novelty is at premature phase as yet, those projects that have already […]
Technological and Financial Giants to Create a Blockchain AlternativeSeveral big-name companies from across both financial and technological sectors, including Cisco, Wells Fargo, London Stock Exchange Group, JP Morgan, Intel, Fujitsu, SWIFT, and IBM announced they created a consortium under the aegis of the Linux Foundation in order to develop an alternative for the blockchain technology.
The Way IoT and Blockchain Change the WorldThe Internet of things has long ago ceased being a mere concept; nowadays, it is an interesting and promising technological trend that gradually comes to life. The IoT concept was introduced for the first time in 1999, and it took roughly 10 years to commence implementation thereof. We are not going to provide a technical […]
Microsoft Integrates Ethereum in Azure. Is IBM Next?Ethereum went up in price following the news stating that Microsoft had presented developer toolkit for creation of Ethereum-based apps. At the moment of writing, 1 ETH costs $1.2.