The decision on the part of El Salvador president Nayib Bukele to make Bitcoin legal tender back in September 2021 may have been controversial to some people, both in that nation and the world at large. But in my opinion Bukele was correct to defend Bitcoin, especially during that time. He has recently gone on [...]
Decentralized finance has long been viewed as an avenue for the world’s two billion unbanked people to access a financial system and consummate transactions securely. To illustrate the point the website Cointelegraph in May 2022 related the tale of a man identified only as Jorge, who lives in the Southern African nation of Mozambique. According [...]
The tailwinds continue to gather behind cryptocurrencies, propelling the sector forward and scattering it in a thousand different directions. Non-fungible tokens, anyone? What of Web 3.0? And besides its ongoing disruption of the financial space, is it not possible that at some point in the not-too-distant future other nations will follow El Salvador’s lead and [...]
When Bitcoin slid from a record-high valuation of $69,000 in November 2021 to under $33,000 in January 2022, there was genuine concern in the cryptocurrency community that it was an indication that dire things were ahead. In the parlance, there were those who wondered aloud whether a “crypto winter” was at hand. David Marcus, former [...]
When Bitcoin plunged from its all-time high of $68,950 in November 2021 to under $33,000 in January 2022, analysts raised concerns that a “Crypto Winter” was at hand, that cryptocurrencies in general and the world’s most popular crypto in particular were headed toward a deep freeze. Analysts quickly revised that prediction, however, and by late [...]
In the wake of some troubling cyberattacks and scams inflicted upon the decentralized finance sector in 2021, questions were raised about the necessity of DeFi regulation, questions that were addressed in part when the Global Blockchain Business Council rolled out the first edition of the International Journal of Blockchain Law in November of that year. [...]
There’s no question that technology has infiltrated every corner of our lives, from smartphones and watches to smart doorbells, electric cars, and non-stop streaming media. And most would agree that technology makes us smarter. Or at least more aware and engaged. Cities worldwide, too, have gotten smarter. As a matter of fact, smart cities are [...]
5G technology has brought the world its fastest generation of wireless technology ever. Tech savants will tell you that includes greater speed, ultra-low latency, more reliability, grander network capacity and a better user experience. Experts believe, in fact, that the 5G rollout, when it is complete, will unleash “the Internet of Everything,” which has been [...]
While there is considerable hype surrounding autonomous vehicles, there are still miles to go before widespread deployment of this technology. A 2020 MIT study concluded, in fact, that Level 4 implementation -- i.e., the appearance of self-driving vehicles that can handle complex situations, albeit with human monitoring -- will likely not be seen until at [...]
Momentum continues to gather within the business world around artificial intelligence, described by one leader as “the glue that stitches analytics results with actions” and another as a technological breakthrough that is essential for success. Still another leader surveyed the AI landscape and offered this assessment: “The future is indeed AI for everyone.” The present, [...]