Senator Cynthia Lummis and a former Federal Reserve vice chair recently discussed whether the U.S. central bank should hold bitcoin on its balance sheet.
Although algorithmic decision-making has become increasingly vital for many businesses, there are growing concerns related to transparency and fairness. To put it mildly, the concern is warranted. Not only has there been documentation of racial bias in facial recognition systems, but algorithmic decision-making has also played a role in denying minorities home loans, prioritizing men during hiring, […]
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These past few years have seen the exponential growth of the buy now, pay later (BNPL) arrangements, a trend that’s been fueled by the accelerated digital shift, and the surge
The International Monetary Fund has said that central bank digital currencies (CBDCs) like eNaira are better options than cryptocurrencies, including Bitcoins and other altcoins. In a new statement, IMF managing director Kristalina Georgieva says that CBDCs are gaining momentum after moving from theoretical to practical explorations. Georgieva stated, “In order to become familiar with the bits […]
It's time for a reset with the board of directors. Very few have a dedicated, board-level cybersecurity committee, which means cybersecurity isn't viewed as a critical executive function.