The Malta A.I. and Blockchain Summit sat down with David Gunkel, Professor of Media Studies at the Northern Illinois University for an exclusive interview on the use cases for A.I. and the ethical considerations behind them.
There have been many accusations made towards the quasi-U.S. dollar-backed stablecoin Tether over the years, ranging from Bitcoin price manipulation to outright fraud. Most recently, Tether also admitted to fractional reserve banking, at which point U.S. regulators subpoenaed Bitfinex – the exchange behind Tether issuance. As one can imagine, this ruffled more than a couple of feathers in the cryptocurrency ecosystem.
When cryptocurrency first hit the scene, it was seen a thing as very much for the Western world and Asia, with both areas dominating proceedings for a while. However, in recent times, Africa has started out on a journey with cryptocurrency and they’re quickly establishing themselves as a powerhouse in the sector. A 2018 report by Citibank found Nigeria, Kenya and South Africa to be global players in the market, with potential for further growth evident.
TokenMarket will officially launch its Security Token Offering on July 8th, when everyday investors will be able to buy equity tokens for £0.30 a share.
SiGMA Group announced that the newly established SiGMA Foundation will be led by Keith Marshall, who is appointed as Chief Philanthropy Officer to direct the Group’s CSR and other charitable activities.
Following Bitcoin hitting an all-time low in November of 2018, dropping 70% in value to $3,878.66, the leading crypto coin soared to $13,485.85 between the 19th and 27th of June - its highest value in over 15 months. According to CoinMarketCap, this surge saw a record-breaking 45.9 billion BTC being traded on June 26th alone.
Shyft, a blockchain startup building a decentralised network of networks, leverages the participation of these parties and their ability to onboard users in accordance with existing compliance while adding the ability to broadcast attestations of relevant information about user data to other parties by request, assuming user consent is present.
Minister for Finance Edward Scicluna has reinforced the country's commitment to fighting the scourge of financial crime and money laundering. The Minister unveiled new measures to boost the resources available to regulators and law enforcement as well as proposing sweeping reforms to ensure their effectiveness.
The government of Malta has launched new offices of the Malta Business Registry. The offices will be located in Zejtun. The agency will be unique in that it will be run by a blockchain-based system aimed at serving clients and investors more efficiently.
During a live interview conducted on Radio One on the 23rd of June, Joseph Muscat spoke of his action plan to incorporate blockchain technology to the housing market. The news came about following the PM’s announcement of a reform to the rent law.