Referring with my screen, I'm gonna I'm going to finish the presentation first so last night uh as a as a simply next step um oh, yeah. So I think this is good. This confirms what I have uh in my in my slide coming from our consultation. Christians came 30%, I would say this is very uh interesting promising uh and uh perhaps setting the stage for the discussion on how we should we should achieve this. Come out uh next year early next year with the revised plan and with uh a proposed regulatory framework uh that will apply to Europe uh but of course we're interested in uh discussing and exchanging ideas with other countries and in particular with UA and I look forward to this.
Last week Barclays' credit card business struck a deal with Amazon to offer seamless customised shopping and payment services in Germany. The announcement drew little attention amid the US election, pandemic pain -- and the cancellation of Ant Financial's putative $37bn initial public offering. But investors and regulators should pay attention. That is not because of what the deal shows about German shopping habits, Amazon's voracious expansion or Barclays strategy, per se. Instead, the German tie-up's real significance is as a tiny, but unusually visible, sign of a feverish race under way at banks and tech companies to find ways to use big data and artificial intelligence in finance. Essentially, Barclays and Amazon are linking data with AI analysis to approve credit (or not) and predict what customised services clients will want next.
Fluree is not a very straightforward product to get. To some extent, that goes for all data management systems. Fluree combines a graph database with blockchain. And it just switched to open source, after scoring a $1.5M seed extension round as part of its DoD contract. ZDNet caught up with Brian Platz, Fluree co-founder and co-CEO, to try and unpack all that.
Unauthorized surveillance: It is well known that drones can be easily utilized for mass surveillance This is to be comprehended in setting of computerized advances that mean to reform our day by day lives, by having more point by point records about those lives. In the name of national security and fear based oppression, observation systems are used to track and profile the residents by the state too and private offices. By the ideals of their plan and size, drones can work undetected, permitting the client to screen individuals without their insight. For occurrence, there are drones with too high goals gigapixel cameras that can be utilized to follow individuals and vehicles from heights as high as 20,000 feet. They can convey gear for example, counterfeit towers, which can break Wi-Fi codes and block instant messages and mobile phone discussions without the information on either the correspondence supplier or the client.
The US Central Intelligence Agency has launched a research and development wing, dubbed'CIA Labs'. In a press statement, the Agency stated that this initiative is an effort to bring together private sector academia and CIA operatives to develop and produce tech solutions along various streams. Specifically, the research would take place across several spheres, including Blockchain, DLT (Distributed Ledger Technology), Artificial Intelligence, Machine Learning, and Data Analytics. The CIA Labs project aims to conduct research, development, and testing in multiple disciplines to address new challenges It will also adapt or improve existing solutions to technological problems. This multifaceted research will focus on several technological ideas that have not been fully developed yet.
The next great leap for computing may be a bit closer with the help of joint efforts between the U.S. government, the private sector -- and hundreds of millions of dollars. And along the way, we might see a benefit for the financial services sector in the form of reduced false positives in fraud detection. The U.S. Department of Energy said this week that it will spend $625 million over the next five years to develop a dozen research centers devoted to artificial intelligence (AI) and quantum computing. Another $340 million will come from the private sector and academia, bringing Uncle Sam together with the likes of IBM, Amazon and Google to apply the highest of high tech to a variety of verticals and applications. In an interview with Karen Webster, Dr. Stefan Wörner, global leader for quantum finance and optimization at IBM, said we're getting closer to crossing the quantum-computing Rubicon from concept to real-world applications. The basic premise behind quantum computing is that it can tackle tasks with blinding speed and pinpoint accuracy that aren't possible with "regular" computers.
Bitcoin mining and dating apps are now banned in government-issued mobile devices in the United States Marine Corps. Citing privacy and security concerns, marines are also not allowed to install gambling apps or jailbreak their phones, according to a memo signed July 20. The marines are advised to check the list of prohibited apps and delete them. Additionally, they are advised to watch out for any application that records video or voice, monitors GPS, or access the user's contacts or calendars. These are risks, the memo said, that could disclose location or any important security information that should always be private.
South Korea's central bank is stepping up its efforts in digitizing the economy, launching a new department dedicated to emerging technologies. The new department will focus on blockchain, artificial intelligence and other cutting-edge technologies. The Bank of Korea revealed recently that it will be launching the'Digital Innovations' department. As per a report by local outlet In The News, the department will not only implement new digital technologies, but also expand the existing digital infrastructure. The department will have a number of teams that will focus on various sectors, including data service and innovation, the report states.
Co-CEO at Fluree, the scalable semantic graph database backed by blockchain technology. As AI continues to permeate the online world, it opens up a Pandora's box of unintended consequences. That's because unleashing AI on the current version of the internet and letting it feed on potentially inauthentic data can lead to devastation. Our increasing reliance on machine learning opens the floodgates for hackers and other bad actors to manipulate data and exploit algorithms in dangerous ways. From entering counterfeit products into the supply chain to changing software source code to meddling with voter registration databases, data tampering is already being used as a powerful weapon.