China's Ant Group launches cross-border trade platform to support SMEs

Trusple platform promises to apply blockchain, AI and IoT technology to streamline cross-border trading processes for SMEs. Ant Group, the parent company of Chinese payments giant Alipay, unveiled its new Antchain-based global trade platform for small to medium-sized enterprises, or SMEs on Sep.

Russian government prioritizes blockchain development

Russia is supercharging its development of blockchain, quantum computing, AI and 5G. Russian First Deputy Prime Minister Andrey Belousov, addressing the higher chamber of the Russian parliament on Wednesday, named blockchain as one of the technologies that the government will prioritize in the near future. Belousov said that the government will support technologies that facilitate the interactions between the state and the largest corporations.

Sensitrust: AI and Blockchain Technologies to Establish Innovative Smart Working Environments

[PRESS RELEASE – Please Read Disclaimer] Before the Covid-19 pandemic, smart working was still a niche paradigm adopted by few software startups, freelancers, and nomad workers.

Virtual Futurism Forum Will Take Place On October 6-8, Apply Today

Disclaimer: The text below is a press release that was not written by Cryptonews.com. Futurism Forum is happy to announce its international online invite-only conference on AI, Cyber Security, and Blockchain on October 6-8! We are a team of industry experts with a huge R&D center bringing together the world’s leading minds to build tech communities of the future. We

As Browser-Based Cryptojacking Surges, AI Could Soon be Hunting Hackers

The second quarter of 2020 brought a sudden surge in browser-based cryptojacking, with US cybersecurity firm Symantec reporting a 163% increase in detected incidents compared with the previous quarter.

How cryptocurrency fuels protests and anti-government movements

As mass demonstrations rock the world, technologies like blockchain, social media and AI are escalating unrest and state crackdowns to the next level.

Lab behind atomic bomb is using AI to take on illegal Bitcoin mining

Los Alamos researchers say their AI system is quicker and more reliable than non-AI methods.

Los Alamos Scientists Develop AI to Fight Cryptojacking

Their neural network works faster and more reliably than non-AI systems, researchers said.

This South Korean City is Spending Millions to Turn People Into Blockchain Experts

Daegu is still in the race for blockchain dominance. Daegu, the fourth-largest city in South Korea, recently announced their plans to allocate over $6 million towards blockchain and artificial intelligence education. According to Up Korea, Daegu’s officials aim to solve what they consider a “serious shortage of resources in the core technologies of the 4th industrial revolution.” The city’s government plans to bring talented individuals to Daegu from other regions by offering courses in blockchain, AI, and other big data sectors. Daegu's ICT Innovation Square will oversee these free blockchain courses over the next three years.

New Crypto Market AI Prediction System Wants To Automate Crypto Trades

US financial services business Capital One has developed a new system to predict crypto market trends with the use of artificial intelligence (AI), contributing to the company’s trading activities.

Bitcoin mining companies are pivoting to AI chips

Lower profitability and a mature market are forcing the Bitcoin industry’s biggest players to shift their focus to new technologies.

Capital One Files Patent for Cryptocurrency Market AI Prediction System

Major US financial services company Capital One has filed a new patent application for a cryptocurrency analysis and trading system that will attempt to predict crypto market trends and generate trading decisions using artificial intelligence (AI).

Capital One Files Patent for AI That Would Slice, Dice Social Media to Find Crypto Trading Picks

“It would be impossible for human traders to track” crypto's 24/7 informational onslaught on their own, Capital One said.

Russia Developing AI System to Monitor Cryptocurrency Transactions — Prototype Now in Use

Russia is reportedly developing a system using artificial intelligence to track and analyze transactions involving cryptocurrencies, such as bitcoin, dash, and monero.

Russia Plans to Build AI Software to Remove the Anonymity of Users in Crypto Transactions

The Russian agency’s plan involves using artificial intelligence (AI) for its software, as the agency sees an “urgent need to create effective opportunities for state control over the circulation of virtual assets.” (Read More)

Bitcoin News Roundup for Aug. 12, 2020

With bitcoin prices sitting around $12K and Russia developing “Transparent Blockchain” AI, CoinDesk's Markets Daily is back for your latest crypto news roundup!

Russian Financial Crime Agency Plans AI Tool to Link Crypto Transfers to Users

Russia's anti-money laundering agency Rosfinmonitoring has already built a prototype blockchain analytics tool, according to a report.

How Blockchain Benefits From Artificial Intelligence

AI development and evolution can significantly improve blockchain tech and the crypto industry, from security to trading. From performing simple commands on smartphones using Alexa or Siri to high-end technical operations in big tech firms, one thing is sure: Ease is a necessity in the modern human experience. The 21st century has marked a rapid advancement of technology in every aspect of human life and interactions.

IBM and Verizon Business Collaborate on 5G and AI Edge Computing Innovation

Tech giant IBM is collaborating with Verizon Business to help usher in the future of Industry 4.0 through their respective expertise on edge computing innovation and 5G technology.

Bank of Korea Launches a Department Devoted to Blockchain and AI

Bank of Korea is launching a digital innovation department that will leverage blockchain and AI to improve business efficiency. The Bank of Korea has reportedly chosen to establish a “Digital Innovation department” through organizational reform in the second half of this year, according to the local news on July 22.  Leveraging innovative technologies for efficiency  The Bank plans to introduce a number of different technologies, such as artificial intelligence and blockchain, through the digital innovation department. The department will perform tasks such as implementing new digital technology policies and expanding the latest digital infrastructure.

OpenAI Bot Writes a Blog, Wows BitcoinTalk With ‘Intelligent’ Posts

OpenAI’s third-generation language prediction model wrote a 750-word review of itself, fooling many readers. Developer Manuel Araoz has played a practical joke online to demonstrate the potential of  artificial intelligence bots — by having a bot write an article about itself. According to a July 18 post on Araoz’s blog, AI development company OpenAI released GPT-3, the third generation of its language prediction model capable of creating “random-ish sentences of approximately the same length and grammatical structure as those in a given body of text.”  The blog entry provides practical information regarding how the technology could be used to impersonate well-known figures by simulating their writing styles — for example, Araoz used it to create a fake interview with Albert Einstein.

Velas Enters the Top 100 Coinmarketcap and Launches on Bitcoin.Com Exchange

The blockchain network that is self-learning and self-optimizing and claims to be able to deliver up to 30,000 transactions per second with a speed of anywhere from 1 second to 2 minutes.