Developing a retail central bank digital currency (CBDC) system is a significant undertaking and there are many areas that central banks need to explore including: How to improve public-private sector collaboration? How to maximize interoperability, encourage competition and enable adoption? How might retail CBDC meet […]
Romanian biometric firm PayByFace has deployed its face recognition-powered payment solutions in South Africa, India, UAE, and the U.S.
The company’s CEO Mihai Draghici made the announcement in a LinkedIn
An eventual cyberattack on one of Australia’s financial institutions is inevitable, according to the prudential regulator.
Speaking before a parliamentary committee on Tuesday, Australian Prudential Regulation Authority chairman Wayne Byres said cyber and climate […]
A renowned German economist warned that the globalist World Economic Forum (WEF) is set to implement a social credit system under the guise of a “humanitarian act.” This, he […]
Australia’s major banks will soon provide biometric identity checking, with the ‘Big Four’ set to switch on Digital ID under the one service next year.
CBA anticipates mass market adoption of a central bank digital currency in Australia is still “some years away”, owing to complexities with the technology and regulation.
Head of blockchain and digital assets Sophie Gilder told […]
The White House this morning unveiled what it’s colloquially calling an “AI Bill of Rights,” which aims to establish tenets around the ways AI algorithms should be deployed as well as guardrails on their applications. In five bullet points crafted with feedback from the public, companies like […]
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Bitcoin mining is more damaging than beef production and almost as environmentally unsustainable as crude oil, according to research. The digital currency is causing more damage to the climate over time, scientists at the University of New Mexico warn in an analysis published in Scientific Reports.
