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NSA’s Mass Phone Tapping and Data Collection was Illegal Says United States Federal Court

NSA’s Mass Phone Tapping and Data Collection was Illegal Says United States Federal Court

The NSA’s controversial phone data collection program first brought to light by former NSA agent Edward Snowden has been called illegal by a US Federal Court.

China Alerts on Foreign Mapping Firms Using Crypto Rewards for Sensitive Data Collection

China Alerts on Foreign Mapping Firms Using Crypto Rewards for Sensitive Data Collection

The Chinese Ministry of State Security issues a warning about foreign mapping companies using cryptocurrency rewards to encourage unauthorized sensitive geographical data collection in China, posing a threat to national security.

Italy Blocks OpenAI ChatGPT Over Data Breach Concerns

Italy Blocks OpenAI ChatGPT Over Data Breach Concerns

Italy’s data protection agency has temporarily blocked OpenAI’s ChatGPT due to suspected data privacy breaches following a recent data breach on March 20. The agency also cited concerns over the lack of information for users regarding data collected by OpenAI and the lack of legal basis for mass data collection by the AI platform. In addition, ChatGPT's potential breach of its own data protection rules and the risk to minors who may be exposed to unsuitable content were also highlighted. The Center for Artificial Intelligence and Digital Policy has filed a complaint against ChatGPT, describing it as "biased" and "deceptive" and a risk to public safety and privacy.

US Congress Plans New Provisions for Cryptocurrency Derivatives Markets

US Congress Plans New Provisions for Cryptocurrency Derivatives Markets

The US Congress aims to pass a new bill deciding on data collection for digital commodities contracts and swaps.

Blockchain as a Solution for Data Management in Clinical Trials

Blockchain as a Solution for Data Management in Clinical Trials

Applying blockchain technology to clinical trials can help resolve one of the industry's biggest weaknesses: Poor data management. Learn how blockchain's immutability trait can become a trial investigator's best asset.

Coinbase CEO Warns Exiting President Trump May Drop Crypto Wallet Regulation Bomb

Coinbase CEO Warns Exiting President Trump May Drop Crypto Wallet Regulation Bomb

Coinbase CEO Brian Armstrong shared rumors that the Trump Administration may rush crypto wallet regulations on traders with privacy-invading data-collection requirements.

Blockchain Can Empower Organizations to Monetize Their Data and Make Revenue

Blockchain Can Empower Organizations to Monetize Their Data and Make Revenue

Many organizations don’t know that they can monetize their data and make a profit. But firms can now apply blockchain for data monetization.

Google Privacy Lawsuit: Google Chrome Incognito Records and Shares Private User Data

Google Privacy Lawsuit: Google Chrome Incognito Records and Shares Private User Data

Google is being sued in a class-action lawsuit, filed on June 2, for the invasion of privacy and sharing users' data, even when they are browsing in private mode.

Blockchain May Jeopardize London’s Financial and Tax Collection Systems, Proclaims John Straw

Blockchain May Jeopardize London’s Financial and Tax Collection Systems, Proclaims John Straw

John Straw, a senior advisor to IBM and McKinsey, has warned that blockchain could render the financial service sector in London irrelevant. He also noted that the city’s banks could be destroyed, making the collection of corporate and personal taxes cumbersome.

Canada’s Central Bank Considers Launching a Digital Currency to Combat the “Direct Threat” of Cryptos

Canada’s Central Bank Considers Launching a Digital Currency to Combat the “Direct Threat” of Cryptos

Canada’s Central Bank, the Bank of Canada, is considering launching a digital currency that would enable the collection of how Canadians spend their money.

Blockchain: Emergence of a New Breed of Tax Professionals in the Digital VAT World

Blockchain: Emergence of a New Breed of Tax Professionals in the Digital VAT World

Governments around the world are seeking new sources of revenue, and value-added tax (VAT) is the key revenue driver and the largest contribution to governmental budgets. Each year billions of dollars are lost in tax revenue due to non-compliance, evasion, fraud, and non-collection.

TomoChain Prepares for Zorro Network Upgrade

TomoChain Prepares for Zorro Network Upgrade

Smart contract platform TomoChain today released details of an upgrade to its network. The Zorro Network upgrade will take place on January 22nd and will improve the functionality of the Ethereum Virtual Machine (EVM) — a collection of nodes that ensure security for the Ethereum network.

Crypto Data Platform Offers Digital Asset Data to Institutional Clients via BT Radianz Cloud

Crypto Data Platform Offers Digital Asset Data to Institutional Clients via BT Radianz Cloud

CryptoCompare, the digital asset data provider company for both institutional and retail clients, announced in a press release on its blog that it plans to offer a suite of digital asset data products via the BT Radianz Cloud, as a secure and reliable financial markets cloud communities which will enable institutional clients to have a fine, secure and dependable perspective of the growing digital asset class.

Indonesia’s Chronic Crop Data Problem Solved by Blockchain

Indonesia’s Chronic Crop Data Problem Solved by Blockchain

Indonesia has been a victim of unreliable crop data, and this has hindered the optimality of its agricultural sector. This nation has been grappling with the lack of accurate data when it comes to issues, such as crop output. HARA, a Jakarta-based startup, seeks to address this challenge by deploying blockchain technology.

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