IBM boosts the speed of homomorphic encryption by 75 percent

IBM boosts the speed of homomorphic encryption by 75 percent

WHY THIS MATTERS IN BRIEF Homomorphic encryption gives organisations a secure and easy way to run analytics on data without having to first decrypt it, but up until now it’s been oh so slow…   IBM has announced that it’s rewritten its C++ Homomorphic encryption library and claims that it...

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A controversial AI can allegedly reveal your personality from just a photo

A controversial AI can allegedly reveal your personality from just a photo

WHY THIS MATTERS IN BRIEF A system that can tell a persons personality from a photo can be used to help approve loans, provide better healthcare, and create smarter surveillance solutions.   In the past I’ve heard of Artificial Intelligent (AI) platforms that can, controversially, judge a persons character from...

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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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New quantum resistant crypto stops quantum computers spying on your data

New quantum resistant crypto stops quantum computers spying on your data

WHY THIS MATTERS IN BRIEF When large quantum computers come online circa 2025 over 70 percent of the world’s encryption will be at risk, so companies need to adopt new method to protect themselves and their data.   As quantum computing becomes an increasingly “real” technology, moving out of the...

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Futurist in the press: Amazon home insurance could be on the horizon, CNBC

Futurist in the press: Amazon home insurance could be on the horizon, CNBC

WHY THIS MATTERS IN BRIEF As Connected Home devices become more capable and popular they will give insurers new insights into previously private user behaviours, and fundamentally change how insurance is sold.   Connected home devices, that range from Alexa to smart fire alarms, lighting, security systems, thermostats, TV’s and...

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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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Futurist keynote, London: The Future of Investing, STOXX Annual Conference

Futurist keynote, London: The Future of Investing, STOXX Annual Conference

WHY THIS MATTERS IN BRIEF There has, arguably, never been a better time, or a risker time to invest in today’s markets, but as every industry undergoes titanic transformation investors who are ill advised, or who lack the right vision, could quickly find themselves on the wrong end of tomorrow’s...

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Basis creates a stable crypto currency, raises $133m from A-list investors

Basis creates a stable crypto currency, raises $133m from A-list investors

WHY THIS MATTERS IN BRIEF The value of Bitcoin and other cryptocurrencies swing wildly by the day making them almost useless as a medium of exchange, Basis has designed a stable cryptocurrency and if it works it “could replace money”.   On its debut nearly a decade ago, one of...

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Biased AI’s are becoming a problem, this startup is fighting back

Biased AI’s are becoming a problem, this startup is fighting back

WHY THIS MATTERS IN BRIEF The rise of the “Algorithmic society” coupled with biased AI’s and machines means that increasingly bias, if left unchecked, can change the course of people’s lives, as well as viewpoints,  both with potentially life changing and harmful consequences.   Today there is a huge amount...

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UK Government mulls creating the world’s first Robo-Regulator for fintechs

UK Government mulls creating the world’s first Robo-Regulator for fintechs

WHY THIS MATTERS IN BRIEF Regulating industries and companies is an increasingly complicated task, and some are arguing that it’s one that should be automated and given to the machines, but that opens up its own set of challenges.   The love affair British politicians have enjoyed with fintech since...

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Ethereum falls after rumours of new powerful ASIC emerge

Ethereum falls after rumours of new powerful ASIC emerge

WHY THIS MATTERS IN BRIEF The more centralised the mining of an individual cryptocurrency becomes, especially if it leverages new, more powerful technology, the greater the impact on a cryptocurrencies value.   Rumors of a new ASIC mining  rig from Bitmain have driven Ethereum prices well below their one week high of...

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JPMorgan is automating the world of finance

JPMorgan is automating the world of finance

WHY THIS MATTERS IN BRIEF The world of finance is being automated faster than almost any other industry and JPMorgan is leading the charge.   At JPMorgan Chase a learning machine is parsing financial deals that once kept legal teams busy for thousands of hours. The program, called COIN, for...

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British bank trials a life like digital Avatar to serve customers better

British bank trials a life like digital Avatar to serve customers better

WHY THIS MATTERS IN BRIEF Avatars and bots are getting more intelligent, and more capable, and while they are being increasingly deployed to help organisations improve customer service, there’s a very real toll on human jobs.   This week the Royal Bank of Scotland (RBS), who recently started using brain...

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Hundreds of US banks just adopted an automated cyber defense framework

Hundreds of US banks just adopted an automated cyber defense framework

WHY THIS MATTERS IN BRIEF As the volume and severity of cyber attacks increases, and as AI powered cyber attacks emerge, this is the first major step towards large institutions automating their cyber defense.   Experts in the cyber security field are all too aware that we are rapidly approaching...

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Companies have a plan to fix blockchain’s massive energy problem

Companies have a plan to fix blockchain’s massive energy problem

WHY THIS MATTERS IN BRIEF Processing Bitcoin is now consuming more energy than Denmark uses in a year, and as cryptocurrencies become increasingly popular their energy consumption is, literally, starting to affect the planet.   You’d have to be almost deaf and blind to not notice that at the moment...

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Futurist keynote, London: The Future of Trust, Battle of the Quants

Futurist keynote, London: The Future of Trust, Battle of the Quants

WHY THIS MATTERS IN BRIEF Algorithmic traders, like many of us, have a nascent reliance on being able to trust the information they ingest, but a new breed of AI is about to push fake news, and, by association our trust in each other and society, to the limits.  ...

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Amazon and Google “set to disrupt the loans industry”

Amazon and Google “set to disrupt the loans industry”

WHY THIS MATTERS IN BRIEF The borders between previously distinct industries are eroding and blurring, and now companies would be wise to re-evaluate the competitive landscape before they find themselves on the wrong end of disruption.   It used to be that a tech company was a tech company and...

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Russia announces plans to create its own national cryptocurrency

Russia announces plans to create its own national cryptocurrency

WHY THIS MATTERS IN BRIEF With more countries starting to develop and deploy their own national cryptocurrencies it’s only going to be a matter of time before they become the norm, that said though that time is still decades away   Hot on the heels of China, Estonia and Sweden...

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Infographic: The Future of Money

Infographic: The Future of Money

WHY THIS MATTERS IN BRIEF The future of money is an emotive topic but it can be characterised by being cashless, digital, and varied.   A little while ago at the iGaming Show in Amsterdam I was asked to present a keynote on “The Future of Money” and then, shortly...

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Ethereum founder thinks crypto can disrupt Mastercard and Visa in “next few years”

Ethereum founder thinks crypto can disrupt Mastercard and Visa in “next few years”

WHY THIS MATTERS IN BRIEF The processing networks that the major credit card companies have built up over the years means that they’re difficult to disrupt, but as we learn so often difficult doesn’t mean impossible…   The brain behind the runaway train that is Ethereum, Vitalik Buterin, is matter of...

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