Ever wondered how a random blockchain company is able to raise millions of dollars in less than 24 hours? They make it possible via Initial Coin Offerings (ICO)- which simply refers to sale of cryptocurrency tokens to investors. To make this possible, companies have to: introduce a digital currency at any point in time. hold […]
Although used interchangeably, security and privacy are not the same things. Primarily, the former is about safeguarding of data whereas later one refers to safeguarding user identity. Here is a simple example: To open a bank account, you shared your personal information with bank. From this point on, the following scenarios can occur: Case 1, […]
If a robot dies, would it make you sad? For lots of people, the answer could be “yes”. A recent relevant example is that of an AI-powered available robot called Nao. When under an environment of controlled experimentation 89 people were asked to turn it off, most of them refused to do so because Nao […]
While we are getting used to unlock our phones using facial recognition, efforts are being made to identify individuals detected in the dark. The proposed system does so by using infrared scanning methodology to generate thermal heat map of person to be detected and then comparing it against a standard photograph of him. Such thermal […]
Definition of personal data has been closely linked to the ability with which an individual can be identified. For that very reason, such information is quite valuable and will continue to be collected, stored, handled, and processed at a large scale. Having said that, its ever-growing collection has been posing significant risks to individuals and […]