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The EU Commission is advancing work on the establishment of AI ethical guidelines to ensure they can be put into practice. A group of industry experts were appointed in 2016 to establish guidelines which ensure that AI is developed sensibly.  There are seven key pillars to the EU’s ethical AI strategy: Human agency and oversight Robustness and safety Privacy and data governance Transparency Diversity, non-discrimination, and fairness Societal and environmental well-being Accountability The EU wants to promote its guidelines on the global stage. It plans on strengthening cooperation with ‘like-minded’ partners such as Japan, Canada, and Singapore, while engaging in dialogue with the G7 and G20. Mariya Gabriel, EU Commissioner for Digital Economy and Society, added: “Today, we are taking an important step towards ethical and secure AI in the EU. We now have a solid foundation based on EU values and following an extensive and constructive engagement from ma...

Under pressure for being months behind schedule, the Central Bank of Iran finally published a draft framework on the legality of cryptocurrencies in late January and welcomed feedback. While some see the totality of the framework as a step forward, most members of the burgeoning local crypto community are unhappy with much of the specifics. They feel that the framework could severely restrict people and businesses operating in the fast-growing field if it is implemented in its current form. Among other things, the framework  proposes banning  the use of global cryptocurrencies and various tokens as methods of domestic payment; requires cryptocurrency exchanges to obtain permits, therefore opening a new avenue for rent-seeking in a country that has already too much of it; and uses the word “forbidden” a lot, which could entail the threat of criminal prosecution. So, the local community quickly  started working  on ways to improve it. On March 9, more than ...

Source from-->> https://www.coinjoker.in/trend-news/blockchain-based-diamond-exchange-cedex-opens-for-business When you consider the idea of “ cryptocurrency markets ,” there are many cryptocurrency enthusiasts that automatically think of cryptocurrencies that are the most well-known, or the largest by market capitalization. However, thanks to blockchain technology, there are platforms that can actually for commodities and assets to be traded that aren’t cryptocurrencies. Specifically, a new diamond exchange by the name of CEDEX  has just opened , for those wishing to invest in the diamond sector. In fact, $50 million worth of diamonds have already been listed. There are all sorts of individuals in various industries that have praised the fact that blockchain technology can allow for increased transparency in their sector, and this is especially relevant to the diamond industry. For those who might not be aware, the immense demand for the asset is often fueled b...

Cryptocurrency  has been the hottest topic over the past few years. Not everyone can comprehend what gives Bitcoin its value, but no one can deny that  blockchain technology  is revolutionary. The first type of decentralized cryptocurrency was created by an unknown person or a group of people called Satoshi Nakamoto in 2009. The real identity of cryptocurrency father remains a mystery to this day. Nowadays the cryptocurrency market is going through hard times.  In 2017 bitcoin owners were left with nothing – the bitcoin price has drastically dropped. No one could predict the dynamics of the business world. However, it is still considered one of the most promising developments of the present time. Let’s take a look at the impact of the cryptocurrency market on the world. Made people millionaires   Some people could see the potential of the cryptocurrency from the very beginning. For instance, twins Tyler and Cameron Winklevoss made millions on bitcoins....

Google is aiming to prevent societal disasters caused by its AI technology with the creation of a dedicated ethics panel. The panel is called the Advanced Technology External Advisory Council (ATEAC) and features a range of academics and experts from around the world. Eight people are currently on the panel, with some from as far as South Korea and South Africa. Among the roster is former US deputy secretary of state William Joseph Burns and University of Bath associate professor Joanna Bryson. Bryson published a high-profile thesis called  ‘Robots Should Be Slaves’  in which she argued against treating robots like people. “In humanising them,” she wrote, “we not only further dehumanise real people, but also encourage poor human decision making in the allocation of resources and responsibility.” ATEAC’s diversity is a strong point to ensure various backgrounds are fairly represented. It will focus on areas where AI could have a disastrous societal impact such...

It looks like Japanese internet and technology giant Rakuten is all set for the launch of its cryptocurrency exchange. The company has completed the registration of its upcoming exchange after renaming it from Everybody’s Bitcoin to Rakuten Wallet, which is a much better name, isn’t it?Everybody’s Bitcoin was acquired by the company back in August 2018 for 265 million yen (around $2.4 million, which amounts to 17 crore 20 lakh rupees). What followed the acquisition was a consolidation period in which company’s operations were merged with the operations of Rakuten Corp, and now finally a company employee has confirmed that Everybody’s Bitcoin will cease operations by the end of March to enter a new phase of its journey. A press release was also issued by the company in this regard, which said: “Rakuten Wallet will contribute to the sound growth of the market as a virtual currency exchange company, and will further enhance security and provide enhanced services so that more customers ca...

Twitter Chief Executive Officer (CEO) Jack Dorsey had a very violent reaction when someone joked that his Square app, which currently supports Bitcoin, would soon support Bitcoin Cash.A Twitter user going by the handle, MeatTC_ said, “What if @jack is actually talking about Bitcoin Cash?” To which Jack responded, “Hell no.”Hell no— jack (@jack)  February 6, 2019 Taking a cue from that, another user asked, “How about some other currencies to buy in the cash app ? Bitcoin is boring”, to which Dorsey responded, “Nah.”Nah— jack (@jack)  February 5, 2019 Dorsey has been in the news lately, for being very vocal about his pro-Bitcoin stance. Earlier  it was reported  that he had revealed what parallels he saw between Bitcoin and Twitter, and about “Stacking Sat Saturday” trend in which users buy $25 worth of Bitcoin every Saturday to highlight the growing adoption of cryptocurrencies. And this was the topic where he indirectly revealed the amount that he might’ve spen...