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Elon Musk makes that case again!

Technology entrepreneur Elon Musk has often expressed the opinion that AI and computer devices will become so effective at a range of jobs that the vast majority of occupations will no longer be required by a modern economy. To his credit, Musk has also suggested an answer to the obvious problems of unemployment that this will cause: the universal basic income. He first voiced support for the universal basic income in 2016 and repeated his belief that it was inevitable at the World Government Summit in Dubai last year. Musk’s support for the idea is particularly interesting as he is...

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Anonymity used to come to the Premium… until now. ADAMANT is here, folks!

There is no denying, the world we currently live in has become completely infatuated with all kind of social networks. Anonymity is now a privilege and some may argue, nearly impossible to achieve. Advertisers do track your internet habits across all your devices: tablets, laptops and smartphones – gathering the information on everything from your shopping patterns to the web browsing. Not to forget the numerous controversies about what Internet companies should be allowed to track and sell to third parties. Messenger applications have also come under scrutiny and back in 2016. When NSA whistleblower Edward Snowden said that despite...

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4 Brilliant cases for Blockchain

Blockchain is the technology behind runaway success story Bitcoin and its many imitators in the crypto-currency world. But how else can it change the world? 1. Making the web safer Blockchain ledgers are extremely resistant to cyber attacks because they lack the weaknesses of other systems such as data farms or servers. The chain is spread across millions of computers throughout the world, and a hacker would have to infiltrate and destroy each one to corrupt the chain completely. Lacking a single point of entry, Blockchain brings safety in numbers. 2. Fixing the supply chain Many businesses rely on a...

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Hong Kong Blockchain Firm’s Stock Is Suspended!

The Securities and Exchange Commission in the US has suspended the trading of Hong Kong based UBI Blockchain stock. Despite the company previously saying that it is developing a product tracking system using this technology, UBI will see any trading of its stock frozen from 9:30 this morning until 22nd January. According to MarketWatch, the market stock has jumped by more than 2,000 percent in the past year and unfortunately, it is this that has caused the suspension. Despite this huge increase, the SEC said that it was to halt all trading due to questions being raised about its recent...

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Vermont Could Soon Be Collecting Their Taxes In Cryptocurrencies

A Vermont state legislator has proposed a new bill to create a framework for the authorised use of blockchain technology. Alison Clarkson introduced the bill just a few days ago on 3rd January, and the measure has been forwarded onto the Committee on Economic Development, Housing and General Affairs. This bill outlines just how the state could classify certain firms as ‘digital currency limited liability companies’. This has been particularly focused at companies who operate their own networks. If the bill was to be approved, these companies would be required to pay ‘in the form of its digital currency a...

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