upcoming Action Plan on FinTech and on the EU’s position at the upcoming G20 in Buenos Aires,” said Dombrovskis, in reference to the financial technology that describes an emerging financial services sector. “We have not excluded the possibility to move ahead (by regulating cryptocurrencies) at the EU level if we see, for example, risks emerging but no clear international response to the threat.”
Despite what might be interpreted as a sombre warning about the potential downside cryptocurrencies might have for investors, Dombrovskis was quick to point out that he remained positive about initial coin offerings (ICOs), saying the EU – one of the smaller traders of cryptocurrencies – needed to work with other G20 nations to address any potential risks.
In Major Privacy Win, Supreme Court Rules Police Need Warrant To Track Your Cellphone
June 22, 201810:41 AM ET
Cellphone providers routinely keep location information for customers to help improve service. And until now, the prevailing legal theory was that if an individual voluntarily shares his information with a third party — for instance, by signing up for cellphone service — police can get that information without a search warrant.
On Friday, the Supreme Court blew a hole in that theory. Writing for the court majority, Chief Justice John Roberts said that cellphone location information is a “near perfect” tool for government surveillance, analogous to an electronic monitoring ankle bracelet.
While Friday’s decision may limit the government’s access to cellphone data, it has no impact on the ability of private companies to amass, use and sell their customers’ information. That is because the Fourth Amendment only limits government conduct, not private conduct. Only Congress, in enacting legislation, can limit how private companies amass and use information.
The 100-page study presents data from 1,140 college students from 4-year colleges in the United States concerning their use of specialized library technology, group and individual study rooms. The report enables its end users to answer questions such as: which students use individual and group study rooms? Which use specialized technology rooms? How often do they use them?
Data in the report is presented in the aggregate and then broken out separately for sixteen different variables including but not limited to: college grades, gender, income level, year of college standing, SAT/ACT scores, regional origin, age, sexual orientation, race & ethnicity, college major and other personal variables, and by Carnegie class, enrollment size and public/private status of the survey participants institutions of higher education.
Guess what … I searched for Brenda Perea (in hopes of maybe getting some information on how they set up their system) … One of her current positions is with Credly … Do we still want to reach out to her?
Blockchains, which use advanced cryptography to store information across networks of computers, could eliminate the need for trusted third parties, like banks, in transactions, legal agreements, and other contracts. The most ardent blockchain-heads believe it has the power to reshape the global financial system, and possibly even the internet as we know it.
Now, as the technology expands from a fringe hacker toy to legitimate business applications, opportunists have flooded the field. Some of the seekers are mercenaries pitching shady or fraudulent tokens, others are businesses looking to cash in on a hot trend, and still others are true believers in the revolutionary and disruptive powers of distributed networks.
Mentions of blockchains and digital currencies on corporate earnings calls doubled in 2017 over the year prior, according to Fortune. Last week at Consensus, the country’s largest blockchain conference, 100 sponsors, including top corporate consulting firms and law firms, hawked their wares.
Here is a noncomprehensive list of the ways blockchain promoters say they will change the world. They run the spectrum from industry-specific (a blockchain project designed to increase blockchain adoption) to global ambitions (fixing the global supply chain’s apparent $9 trillion cash flow issue).
Things Blockchain Technology Will Fix
Bots with nefarious intent
People not taking their medicine
Device storage that could be used for bitcoin mining
The European Union‘s General Data Protection Regulation, or GDPR, goes into effect on May 25
The objective of the regulation, which passed in 2016, is to simplify and consolidate rules that companies need to follow in order to protect their data and to return control to EU citizens and residents over their personal information.
Individuals in the EU will have the right to access or request that companies erase or migrate their data elsewhere. When asked, companies must prove to authorities that they have satisfactory policies and procedures in place to protect their data, or they will face huge fines. How huge? If your company’s not compliant, the fines could be as large as 20 million Euros (about $24 million) or four percent of your annual global revenue, whichever is higher.
“A U.S. tourist who visits Germany for one day and returns to the U.S. has rights under the law if that person used [a service like] Facebook while on the trip,” Alex Stern, an attorney wrote on his firm’s blog.