Microsoft unveils the world’s first analogue computer to solve big problems
WHY THIS MATTERS IN BRIEF New technologies require new computing platforms, and we have a ton to choose from now. Love the Exponential Future? Join our XPotential Community, future proof yourself with courses from XPotential University, read about exponential tech and trends, connect, watch a keynote, or browse my blog. Microsoft Research Lab in...
HSBC London successfully tests a hackproof quantum network to secure trades
WHY THIS MATTERS IN BRIEF Quantum networks are allegedly the ultimate in network security, and London is ahead of the curve in adopting them. Love the Exponential Future? Join our XPotential Community, future proof yourself with courses from XPotential University, read about exponential tech and trends, connect, watch a keynote, or browse my blog....
Quantum computers could cut the energy used by crypto by up to 90 percent
WHY THIS MATTERS IN BRIEF Mining crypto uses more energy than used by many nation states, but a new study thinks quantum computers could cut energy consumption by over 90%. Love the Exponential Future? Join our XPotential Community, future proof yourself with courses from XPotential University, read about exponential tech...
The Russian Central Bank says digital currencies could spell the end of the SWIFT network
WHY THIS MATTERS IN BRIEF Governments are increasingly using the SWIFT network to enforce sanctions on countries, so it’s no surprise that Russia wants to put an end to SWIFT – and they have a plan. Love the Exponential Future? Join our XPotential Community, future proof yourself with courses...
UK banks are clamouring for a national platform for tokenised securities
WHY THIS MATTERS IN BRIEF Tokenisation is an odd technology, but it will open the door to new asset classes and markets worth over $100 Trillion. Love the Exponential Future? Join our XPotential Community, future proof yourself with courses from XPotential University, read about exponential tech and trends, connect, watch a keynote,...
HeatBit is a crypto mining space heater that could help out with UBI
WHY THIS MATTERS IN BRIEF Can we harness everything that has computing power to mine crypto and make real money? Some people think so … Love the Exponential Future? Join our XPotential Community, future proof yourself with courses from XPotential University, read about exponential tech and trends, connect, watch a keynote, or browse my...
TurboToad Memecoin created by ChatGPT hit $250 Million valuation in two weeks
WHY THIS MATTERS IN BRIEF We are in a new world of business where the old rules of creating value largely no longer apply and where future entrepreneurs could be AI. Love the Exponential Future? Join our XPotential Community, future proof yourself with courses from XPotential University, read about exponential...
India’s RuPay introduces CVV-less payments for tokenised cards
WHY THIS MATTERS IN BRIEF We all hate CVV codes but they’re a necessary evil, now though using Web 3.0 and tokenisation technologies RuPay has found a way to keep you safe while eliminating the need to ever use them again. Love the Exponential Future? Join our XPotential Community,...
Move to Earn Solana app is crypto’s latest gaming craze
WHY THIS MATTERS IN BRIEF When it comes to the future of money we could be talking about moves, reading articles, or any kind of “value” – not just the US Dollar or Sterling. Love the Exponential Future? Join our XPotential Community, future proof yourself with courses from XPotential University,...
JPMorgan used ChatGPT to analyse decades worth of Fed speeches to find signals
WHY THIS MATTERS IN BRIEF The way that organisations and leaders talk can often give Wall Street subtle clues on the future of stocks, so banks are using new tools to analyse more financial data. Love the Exponential Future? Join our XPotential Community, future proof yourself with courses from XPotential...
Bloomberg used 1.3 Million GPU hours and 600 Billion documents to train BloombergGPT
WHY THIS MATTERS IN BRIEF Creating even “small” AI models takes up extraordinary amounts of computer power, but as computers get more powerful and cheaper, and as AI learning algorithms get more efficient this “effort” will drop. Love the Exponential Future? Join our XPotential Community, future proof yourself with...
Crypto scammers are using AI to create fake CEOs to land big bucks
WHY THIS MATTERS IN BRIEF AI’s ability to create increasingly photo real and authentic human-like content is great news for scammers, and bad news for trust. Love the Exponential Future? Join our XPotential Community, future proof yourself with courses from XPotential University, read about exponential tech and trends, connect, watch a keynote,...
Zimbabwe launches a gold backed cryptocurrency to diminish the Dollar
WHY THIS MATTERS IN BRIEF There are many countries that are trying to reduce their reliance on the US Dollar, and they’re using all kinds of means to achieve it. Love the Exponential Future? Join our XPotential Community, future proof yourself with courses from XPotential University, read about exponential tech...
The popular MiamiCoin experiment is crashing hard
WHY THIS MATTERS IN BRIEF The experiment to see if the city could use cryptocurrency to eliminate taxes on its citizens has been a success but it’s crashing hard. Love the Exponential Future? Join our XPotential Community, future proof yourself with courses from XPotential University, read about exponential tech and...
Mastercard starts testing quantum computers to hyper personalise rewards
WHY THIS MATTERS IN BRIEF Many in the payments industry believe that what makes their cards unique and relevant is the rewards they offer, so Mastercard are hyper personalising those rewards using QC. Love the Exponential Future? Join our XPotential Community, future proof yourself with courses from XPotential University, read...
Mastercard launch their first quantum computer proof contactless card
WHY THIS MATTERS IN BRIEF Quantum computers could hack 70% of the world’s encryption faster than you can read this article, so our payment cards need to be ready. Love the Exponential Future? Join our XPotential Community, future proof yourself with courses from XPotential University, read about exponential tech and...
Tokenised gold surpasses $1 Billion in market cap for the first time
WHY THIS MATTERS IN BRIEF Tokenised gold is a new form of Web 3.0 digital asset that’s backed by gold, and it shows just how much technology is changing assets and money. Love the Exponential Future? Join our XPotential Community, future proof yourself with courses from XPotential University, read about...
Chinese government announces more workers will be paid using its new CBDC
WHY THIS MATTERS IN BRIEF CBDC’s let governments cut fraud, track transactions, and increases financial surveillance, and China is at the forefront of deploying the technology. Love the Exponential Future? Join our XPotential Community, future proof yourself with courses from XPotential University, read about exponential tech and trends, connect, watch a keynote,...
EU mulls offline CBDC transactions to help users maintain privacy
WHY THIS MATTERS IN BRIEF CBDC’s would let the government see every transaction you make, which could be used to stimulate the economy, cut fraud, and “spy” on people, so the EU is thinking hard about how to please privacy critics. Love the Exponential Future? Join our XPotential Community,...
Governments will soon start using AI to identify and close tax loopholes
WHY THIS MATTERS IN BRIEF The tax code is so complex even AI doesn’t understand it, but new AI research shows that it will soon be able to help governments create better more robust tax systems with fewer loopholes. Love the Exponential Future? Join our XPotential Community, future proof...
