China says its new digital currency will be an insurance policy in case tech giants fail

China says its new digital currency will be an insurance policy in case tech giants fail

WHY THIS MATTERS IN BRIEF Tech giants are increasingly powerful and interwoven with society, and the Chinese government is making contingency plans in case they fail.   Love the Exponential Future? Join our XPotential Community, future proof yourself with courses from XPotential University, connect, watch a keynote, or browse my blog. China has been at the...

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Global NFT craze helps digital assets of all kinds sell for record breaking sums

Global NFT craze helps digital assets of all kinds sell for record breaking sums

WHY THIS MATTERS IN BRIEF NFT’s that allow people to sell any type of digital asset, from a tweet to a digital piece of artwork, are fuelling an unprecedented spending craze.   Love the Exponential Future? Join our XPotential Community, future proof yourself with courses from XPotential University, connect, watch a keynote, or browse my blog....

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Bitcoin is helping human rights activists avoid government crack downs

Bitcoin is helping human rights activists avoid government crack downs

WHY THIS MATTERS IN BRIEF If you want to suppress people you do two things – send in the military and cut off their funding, and Bitcoin is making the latter harder.   Love the Exponential Future? Join our XPotential Community, future proof yourself with courses from XPotential University, connect, watch a keynote, or browse my...

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India drafts legislation to ban private cryptocurrencies like Bitcoin and develop a national coin

India drafts legislation to ban private cryptocurrencies like Bitcoin and develop a national coin

WHY THIS MATTERS IN BRIEF Cryptocurrencies and especially Bitcoin seem to freak most governments out because they reduces the state’s control of money, India could be setting a new global precedent.   Love the Exponential Future? Join our XPotential Community, future proof yourself with courses from XPotential University, connect, watch a keynote, or browse my blog....

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European Central Bank announces it’s seriously exploring a digital Euro

European Central Bank announces it’s seriously exploring a digital Euro

WHY THIS MATTERS IN BRIEF Cash, sooner or later, will die, and several countries are trialling its replacements.   Interested in the Exponential Future? Join our XPotential Community, future proof yourself with courses from our XPotential Academy, connect, watch a keynote, or browse my blog. As the use of cash around the world continues to shrink, as...

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China accelerates digital currency trials with massive 10 million Yuan giveaway

China accelerates digital currency trials with massive 10 million Yuan giveaway

WHY THIS MATTERS IN BRIEF The debate about cash being dead rages on, but as far as China concerned digital cash is the future.   Interested in the Exponential Future? Join our XPotential Community, future proof yourself with courses from our XPotential Academy, connect, watch a keynote, or browse my blog. Covid-19 has done many things this...

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Facebook’s cryptocurrency Libra was so powerful it could have ended state control of money

Facebook’s cryptocurrency Libra was so powerful it could have ended state control of money

WHY THIS MATTERS IN BRIEF Who is more powerful today – Trump, Xi, or Zuckerberg? Think about it … Technology and an increasingly connected society are now making individuals more powerful than the state.   Interested in the Exponential Future? Join our XPotential Community, future proof yourself with courses from our XPotential...

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New peer to peer EV charging system means you’ll never run out of juice

New peer to peer EV charging system means you’ll never run out of juice

WHY THIS MATTERS IN BRIEF Range anxiety, the worry that your electric vehicle will run out of charge and leave you stranded, is a real thing, this could help solve that.   Interested in the Exponential Future? Connect, download a free E-Book, watch a keynote, or browse my blog. As electric vehicles become more popular...

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China accelerates plans to become the world’s first cashless society as Covid-19 bites

China accelerates plans to become the world’s first cashless society as Covid-19 bites

WHY THIS MATTERS IN BRIEF Covid-19 has accelerated the trials of many different types of technologies, from drones to self-driving cars, and 3D printing, now it’s accelerating the death of cash.   Interested in the Exponential Future? Connect, download a free E-Book, watch a keynote, or browse my blog. A couple of years ago the...

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Sweden starts breaking up with cash as government starts trials of digital E-Krona

Sweden starts breaking up with cash as government starts trials of digital E-Krona

WHY THIS MATTERS IN BRIEF Cash use is falling in many countries, so governments are now starting to trial fully digital alternatives.   Interested in the Exponential Future? Connect, download a free E-Book, watch a keynote, or browse my blog. Cash is dying as more and more people use contactless payment systems and digital cash,...

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China’s central bank is close to launching its own cryptocurrency

China’s central bank is close to launching its own cryptocurrency

WHY THIS MATTERS IN BRIEF As the use of cash falls to record lows around the world central banks issuing their own digital currencies looks more like a matter of when not if.   Interested in the Exponential Future? Connect, download a free E-Book, watch a keynote, or browse my blog. Officials from the People’s...

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Experts warn Facebook’s cryptocurrency could help it become a virtual nation

Experts warn Facebook’s cryptocurrency could help it become a virtual nation

WHY THIS MATTERS IN BRIEF As more of us become a part of online communities we are seeing the rise of the world’s first virtual nations, nations without territory or borders that can threaten the status of sovereign nations.   Interested in the future and want to experience even more?! eXplore...

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Blockchain startups are trying to break big tech’s hold on AI

Blockchain startups are trying to break big tech’s hold on AI

WHY THIS MATTERS IN BRIEF Companies with better brand recognition, and deeper pockets, are cornering the market for AI talent, but now companies want break that hold, and they have a way to do it.   Despite how easy the combination is to mock, the idea of applying the Blockchain...

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Dutch firm unveils the world’s first autonomous self-balancing energy grid for EV’s

Dutch firm unveils the world’s first autonomous self-balancing energy grid for EV’s

WHY THIS MATTERS IN BRIEF New powerful technologies are letting us revolutionise how we generate and deliver electricity, and autonomous, self-balancing energy grids are now a thing.   A little while ago I wrote about the US Department of Energy’s plans to create the world’s first autonomous energy grid, but...

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JP Morgan becomes the first major US bank to roll its own crypto coins

JP Morgan becomes the first major US bank to roll its own crypto coins

WHY THIS MATTERS IN BRIEF Bitcoin may have its critics, but noone can argue the impact that cryptocurrencies have had on the world, and now one of the US’ biggest banks is jumping on the bandwagon.   With talks of China creating the first blockchain based national cryptocurrency and Ohio...

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Ohio becomes first US state to let people pay business taxes in Bitcoin

Ohio becomes first US state to let people pay business taxes in Bitcoin

WHY THIS MATTERS IN BRIEF Many investors have said Bitcoin will take off when you can pay your taxes with it, well that time might be getting closer.   There’s a lot of legal uncertainty in the US surrounding cryptocurrencies, and many other investors, like Kevin O’Leary ABC show Shark Tank fame,...

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Decentralised hedge funds take aim at Wall Street elite

Decentralised hedge funds take aim at Wall Street elite

WHY THIS MATTERS IN BRIEF Services and industries are increasingly becoming decentralised, and the financial services industry is no exception.   A little while ago I discussed how one hedge fund, Aidyia, is now fully autonomous, a decentralised autonomous organisation run by an AI without humans, and how another, Numerai,...

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IBM breakthrough uses AI to make blockchain more energy efficient

IBM breakthrough uses AI to make blockchain more energy efficient

WHY THIS MATTERS IN BRIEF Mining blockchain uses up an extraordinary amount of electricity, equivalent to an entire country, so companies are trying to fix the issue.   Proof of Work (PoW), the common consensus mechanism that secures Bitcoin and numerous other cryptocurrency blockchains, has given the technology a reputation for...

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After the goldrush comes the crash, over 800 cryptocurrencies are now dead

After the goldrush comes the crash, over 800 cryptocurrencies are now dead

WHY THIS MATTERS IN BRIEF Every market has its successes and failures and just like any investment ICO’s can gain and loose value too, making due diligence as important as ever.   Anyone who reads any sort of business newspaper will know that cryptocurrency projects have been popping up left,...

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Hackers use 51 percent attack to commandeer three cryptocurrencies, steal millions

Hackers use 51 percent attack to commandeer three cryptocurrencies, steal millions

WHY THIS MATTERS IN BRIEF 51 percent attacks are rare, but as criminals continue to gain access to more computing power smaller cryptocurrency networks are in increasing danger of being comandeered.   This week not one but three cryptocurrencies, Bitcoin Gold, Verge Coin, and Monacoin, were hit with a rarely seen cyber...

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