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Analytics & Data Finance Security & Privacy

The Fin-ternet of Things: Connecting Everything Means Rethinking Money

The coming world of the Internet of Everything means driverless cars making per-minute toll payments, lightbulbs that pick an energy vendor, IP royalties paid by devices themselves in real time, and investment decisions made by robo-advisors. This more efficient world will mean changes for banks, investment, and the way all of us live.   More

Global Tech Government

Paranoia Muddies Media’s View of Bitcoin’s Potential

European financial regulators just took a positive step to engage directly with the disruptive effects of the growing cryptocurrency ecosystem, but you might not have realized that. The European Banking Authority (EBA) watchdog agency issued a report on Friday, July 11, titled “Opinion on ‘virtual currencies’.” It then received a great deal of media attention – most of it negative.   More

Global Tech Government

Can We Hold Back Data-Secessionism?

German Chancellor Merkel has called for a "European data network" that would prevent Europe-to-Europe information from passing through the U.S., and the EU has joined with Brazil to build a new undersea fiber optic cable that would be out of the control of U.S. telecoms companies. Up until now, however, Net infrastructure outside of countries like China has sent data packets on routes based on efficiency, not on national origins. Now a former German Defense Minister in Merkel's own government has come out against the mindset that leads to these parochial policies that would "balkanize" the Internet. In an article for Techonomy, Karl-Theodor zu Guttenberg argues against what he calls "data secessionism."   More

Global Tech Government Opinion

European Legislators Face “Data Secessionism”

The key players in the public and private sector are now working to protect their interests in a world that is shifting from government to “Googlement”—driven by the unprecedented ability of companies to gather, store, and evaluate vast amounts of personal data. Adding to the challenge will be unabated progress on more invasive technologies such as biometrics, household robotics, smart homes, and connected cars, coupled with widespread adoption of cloud computing. Even overconfident U.S. tech titans must concede that Europe is in the pole position to shape this process and that the Old Continent’s success or failure will reverberate around the world.   More