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Austria will use Ethereum to track up to $1.3B in government bonds

Sep27
by on September 27, 2018 at 10:51 am
Posted In: Around the Web, cryptocurrency, Hard Fork


There’s another major economy looking to raise funds with blockchain tech. Austria is auctioning $1.3 billion (€1.15B) worth of government bonds to be authenticated with the Ethereum blockchain. The Oesterreichische Kontrollbank (OeKB) will auction a new set of government bonds next Tuesday. The OeKB is working with Austria’s Federal Government Finance Agency (OeBFA) to use the Ethereum blockchain to help manage up to $1.3 billion (€1.15B) worth of public debt, reports Kleine Zeitung. The OeKB is Austria’s primary financial and information services institution for its export industry and associated markets. Finance Minister Hartwig Löger (ÖVP) touted blockchain technology as “an economic policy focus” for Austria. In fact,…

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Uber to cough up $148 million for hiding a data breach in 2016

Sep27
by on September 27, 2018 at 10:43 am
Posted In: Around the Web, Insider


Uber will have to cough up a sum of $148 million in fines for the data breach it suffered in 2016, which affected 600,000 drivers in the US, and 57 million customers across the world. The company agreed to pay the fine and settle the case with the attorneys general of all 50 states and the District of Columbia. Tony West, Uber’s chief legal officer, said: The commitments we’re making in this agreement are in line with our focus on both physical and digital safety for our customers, as exemplified by our recent announcement of a host of safety and security improvements and our recent…

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Or just read more coverage about: Uber

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How Cuban innovators are bringing the country out of digital isolation

Sep27
by on September 27, 2018 at 10:33 am
Posted In: Around the Web, syndication


Fifty years is a long time, and especially so under imposed isolation. Cuba’s economic freeze from the international community may be starting to thaw but citizens’ conservative approach to resources is unlikely to alter. Cars can always be repaired and appliances always fixed on the island nation. It is this mentality – this resolver – which is driving tech opportunities in the Communist state. The people of Cuba have spent the the better part of a century making do with what they have, and their unique approach is influencing a current wave of digital ingenuity. Case in point: accommodation application Mi Cama. The…

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Coinbase opens its listing process to everyone – and gets trolled mercilessly

Sep27
by on September 27, 2018 at 9:34 am
Posted In: Around the Web, blockchain, cryptocurrency, Hard Fork


Earlier this week, Coinbase launched a new page (basically a Google Form) so blockchain startups can apply to have their tokens listed on the cryptocurrency exchange. But it seems some people are not using the new page quite like Coinbase intended. As some of us might have expected, the cryptocurrency community has taken the opportunity to send Coinbase a barrage of spoof coin-listing applications. I want to see what kind of garbage people are putting in the coinbase form — Neeraj K. Agrawal (@NeerajKA) September 26, 2018 Some Twitter users believe that Coinbase have an incoming shill fest shit-storm heading…

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The algorithms that are currently fueling the deep learning revolution

Sep27
by on September 27, 2018 at 8:27 am
Posted In: Around the Web, artificial intelligence, Contributors


From beating us at the game of GO, to recreating paintings by Van Gogh, algorithms are all around us. Artificial Intelligence is no longer science fiction as we are witnessing breakthrough after breakthrough. What most of these innovations have in common is that they make use of a technique called “deep learning.” Earlier I had the chance to ask world renowned AI experts about their favorite algorithms in general. This time we will focus on deep learning! Expert: Amy Unruh, Developer Relations at GoogleAlgorithm: Backpropagation Amy Unruh: “Today, the backpropagation algorithm is really the workhorse of deep learning. Such an…

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