Category «Blockchain»

AI in Banking and Finance February 29, 2024

This semi-monthly column by Sabrina I. Pacifici highlights news, government documents, NGO/IGO papers, industry white papers, academic papers and speeches on the subject of AI’s fast paced impact on the banking and finance sectors. The chronological links provided are to the primary sources, and as available, indicate links to alternate free versions. Four highlights from this post: How businesses are actually using generative AI; The Age of Uncertainty—and Opportunity: Work in the Age of AI; Financial Stability Board To Focus on Asset Tokenization and AI, Chair Says; and Bankers Will See AI Transform Three-Quarters of Day, Study Says.

Subjects: AI in Banking and Finance, Blockchain, Cryptocurrency, Economy, Financial System, Legal Research

AI in Banking and Finance, September 15, 2023

This semi-monthly column by Sabrina I. Pacifici highlights news, government reports and industry white papers as well as academic papers on the subject of AI’s fast paced impact on the banking and finance sectors. The chronological links provided are to the primary sources, and as available, indicate links to alternate free versions. Each entry includes the publication name, date published, article title and abstract. Four highlights from this week: Generative Artificial Intelligence in Finance: Risk Considerations; Banks hear the eerie echoes of AI-generated voices; I.R.S. Deploys Artificial Intelligence to Catch Tax Evasion; and Blockchain, AI Set to Transform Financial Markets: Moody’s.

Subjects: AI in Banking and Finance, Blockchain, Congress, Economy, Financial System, Legal Research

AI in Finance and Banking – August 30, 2023

This semi-monthly column by Sabrina I. Pacifici highlights news, government reports and industry white papers as well as academic papers on the subject of AI’s fast paced impact on the banking and finance sectors. The chronological links provided are to the primary sources, and as available, indicate links to alternate free versions. Each entry includes the publication name, date published, article title and abstract. Four highlights from this week: Are Large Language Models Finance’s Second Shot At AI?; Convergence of AI and blockchain: Unlocking new possibilities; Generative AI in Operational Risk Management: and Generative AI in Operational Risk Management: Harnessing the Future of Finance.

Subjects: AI, AI in Banking and Finance, Blockchain, Economy, Financial System, Government Resources

Pete Recommends – Weekly highlights on cyber security issues, August 26, 2023

Privacy and cybersecurity issues impact every aspect of our lives – home, work, travel, education, finance, health and medical records – to name but a few. On a weekly basis Pete Weiss highlights articles and information that focus on the increasingly complex and wide ranging ways technology is used to compromise and diminish our privacy and online security, often without our situational awareness. Four highlights from this week: Potential New York Times lawsuit could force OpenAI to wipe ChatGPT and start over; Health Data Breach Lawsuits Surge as Cyberattacks Keep Climbing; Biden administration unveils new crypto tax reporting rules; and Imposter scams are the top U.S. fraud.

Subjects: AI, Blockchain, Cryptocurrency, Cybercrime, Cybersecurity, Economy, Email Security, Financial System, Health, Legal Research

Pete Recommends – Weekly highlights on cyber security issues, July 29, 2023

Privacy and cybersecurity issues impact every aspect of our lives – home, work, travel, education, finance, health and medical records – to name but a few. On a weekly basis Pete Weiss highlights articles and information that focus on the increasingly complex and wide ranging ways technology is used to compromise and diminish our privacy and online security, often without our situational awareness. Four highlights from this week: New Tool Shows if Your Car Might Be Tracking You, Selling Your Data; Crypto Sector Is Rife With ‘Fraud’ and ‘Hucksters’ Warns Gary Gensler; This Stalkerware is Spying On Thousands: Here’s What To Do; and How researchers broke ChatGPT and what it could mean for future AI development.

Subjects: AI, Blockchain, Cryptocurrencies, Cybercrime, Cybersecurity, Economy, Financial System, Health, Legal Research, Privacy, Securities Law

Decentralized Autonomous Organizations (DAO) 2023

As stated by Ethereum, “a DAO is a collectively-owned, blockchain-governed organization working towards a shared mission.” Marcus P. Zillman features resources on how DAOs can impact business operations, identifies challenges to participation, and delivers a diverse bibliography of NFT resources that includes governance, regulation, blockchain and law.

Subjects: Blockchain, Economy, Financial System, Legal Research

Is A Crypto Collapse Inevitable?

Jerry Lawson and Elizabeth Southerland identify technical reasons why the crypto bubble is bursting, including the fact that theoretically unbreakable encryption schemes like those underpinning blockchain have proven to be less than impermeable in practice, as users of Coinbase discovered upon losing fortunes. Attackers go after the weakest link in the chain, usually the way in which the algorithm is implemented. Perhaps more ominous, the emergence of a new class of devices called quantum computers threatens to eat the algorithms that underlie crypto for lunch.

Subjects: Blockchain, Cryptocurrencies, Cryptocurrency, Cybercrime, Cybersecurity, Economy, Financial System, Legal Research

Pete Recommends – Weekly highlights on cyber security issues, November 26, 2022

Privacy and cybersecurity issues impact every aspect of our lives – home, work, travel, education, health and medical records – to name but a few. On a weekly basis Pete Weiss highlights articles and information that focus on the increasingly complex and wide ranging ways technology is used to compromise and diminish our privacy and online security, often without our situational awareness. Four highlights from this week: A Broken Twitter Means Broken Disaster Response; Third-party data brokers give police warrantless access to 250 million devices; House Dems say facial recognition company misrepresented its help to consumers; and Do’s and don’ts of data de-identification.

Subjects: AI, Big Data, Blockchain, Congress, Criminal Law, Cryptocurrency, Cybercrime, Cybersecurity, Employment Law, Legal Research, Privacy

Pete Recommends – Weekly highlights on cybersecurity issues – October 15, 2022

Privacy and cybersecurity issues impact every aspect of our lives – home, work, travel, education, health and medical records – to name but a few. On a weekly basis Pete Weiss highlights articles and information that focus on the increasingly complex and wide ranging ways technology is used to compromise and diminish our privacy and online security, often without our situational awareness. Four highlights from this week: The Uber Data Breach Conviction Shows Security Execs What Not to Do; Protect your privacy and your phone number with Firefox Relay; Pro-Russian hackers take credit for cyberattacks on U.S. airport; and Google Chrome Is the Least Secure Browser, Report Shows.

Subjects: Blockchain, Cryptocurrency, Cybersecurity, Privacy, Search Engines, Telecommuting, Travel

What is proof-of-stake? A computer scientist explains a new way to make cryptocurrencies, NFTs and metaverse transactions

Prof. Scott Ruoti briefs us on yet another new component in Digital Ledger Technology. Proof-of-stake is a mechanism for achieving consensus on a blockchain. Blockchain is a technology that records transactions that can’t be deleted or altered. It’s a decentralized database, or ledger, that is under no one person or organization’s control. Since no one controls the database, consensus mechanisms, such as proof-of-stake, are needed to coordinate the operation of blockchain-based systems.

Subjects: Blockchain, Cryptocurrency, Economy, Energy, Financial System, Legal Research, Technology Trends