Published June 06, 2019 Features PCmag Facebook Twitter Comments Print article (Photo by Michael Gottschalk/Photothek via Getty Images) Continue Reading Below Panelists and speakers at this week's Blockchain for Impact Summit, hosted at the United Nations, tried to answer different versions of the same questions: How can nations, companies, and organizations around the world do something with blockchain that actually matters and benefits everyone, not just the few? "This digital technology is creating a new source of inequality," said Fabrizio Hochschild-Drummond, Under-Secretary General of the UN. In his keynote speech, he spoke about the radical scale of change brought about by the internet, and the transformative power of blockchain's distributed ledger technology. But he also drew a parallel between the development of other key emerging technologies like artificial intelligence, and how the small group of powerful companies largely controlling … [Read more...] about Why Blockchain and Crypto Are Picking Up Steam in Tiny Countries
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Sections SEARCH Skip to content Skip to site index Technology Log In Subscribe Log In Today’s Paper Technology | Mark Zuckerberg Wants Facebook to Emulate China’s WeChat. Can It? Advertisement Supported by The New New World ByLi Yuan March 7, 2019 SAN FRANCISCO — As Mark Zuckerberg begins shifting Facebook to private messaging and away from public sharing and open conversations, the vision he has sketched out for the future of social networking already exists — just not in the United States. Instead, it is a reality in China through a messaging app called WeChat. Developed by the Chinese internet giant Tencent in 2011, WeChat lets people message each other via one-on-one texts, audio or video calls. Users can also form groups of as many as 500 people on WeChat to discuss and debate the issues of the day. While Facebook users constantly see ads in their News Feeds, WeChat users only see … [Read more...] about Mark Zuckerberg Wants Facebook to Emulate China’s WeChat. Can It?
Sections SEARCH Skip to content Skip to site index Technology Log In Subscribe Log In Today’s Paper Technology | Facebook and Telegram Are Hoping to Succeed Where Bitcoin Failed Supported by ByNathaniel Popper and Mike Isaac Feb. 28, 2019 SAN FRANCISCO — Some of the world’s biggest internet messaging companies are hoping to succeed where cryptocurrency start-ups have failed by introducing mainstream consumers to the alternative world of digital coins. The internet outfits, including Facebook, Telegram and Signal, are planning to roll out new cryptocurrencies over the next year that are meant to allow users to send money to contacts on their messaging systems, like a Venmo or PayPal that can move across international borders. The most anticipated but secretive project is underway at Facebook. The company is working on a coin that users of WhatsApp, which Facebook owns, could send to friends and … [Read more...] about Facebook and Telegram Are Hoping to Succeed Where Bitcoin Failed
The D.C. Memo is a weekly recap of Washington political news, journalism, and opinion, delivered with an eye toward what matters for Minnesota. Sign up to get it in your inbox every Thursday. Welcome to the D.C. Memo, once again coming to you not-from-D.C. This week, we’re writing from what is about to become, of course, the true center of the political universe: Minneapolis, where Sen. Amy Klobuchar on Sunday will announce … “something” — something that requires “hot cocoa, cookies, warming houses and live entertainment,” according to the notice her people sent the media this week. All of which means Klobuchar is totally running for president of the USA! That, or she’s taking over the organizing for Holidazzle. We’re going to be excited either way. Even so, before we get to Klobuchella 2020, there’s a few other essential things to know from this week, though sadly none involve hot cocoa or warming houses. So let’s get … [Read more...] about D.C. Memo: A nation’s eyes turn to Minneapolis
Sections SEARCH Skip to content Skip to site index Subscribe Log In Business | Despite Bitcoin’s Dive, a Former Soviet Republic Is Still Betting Big on It Tax breaks, land deals and cheap energy have spurred cryptocurrency mining in Georgia, which wants to be a digital data leader. Georgia provided land and cheap electricity so Bitfury, an American company, could set up a Bitcoin mining center in Tbilisi. Credit Credit Daro Sulakauri for The New York Times Supported by ByLiz Alderman Jan. 22, 2019 TBILISI, Georgia — For three years, a windowless warehouse on the edge of town has been whirring with enough energy to power nearly 50,000 homes. Day and night, the warehouse, and dozens of cargo containers in a windswept valley, are generating Bitcoin, the cryptocurrency that has created a virtual gold rush in the former Soviet republic of Georgia. Bitfury, an American technology company, is churning out … [Read more...] about Despite Bitcoin’s Dive, a Former Soviet Republic Is Still Betting Big on It