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China’s central bank bans cryptocurrency transactions to avoid ‘risks’

The Verge

The People’s Bank of China, the country’s central bank, said Friday that cryptocurrency transactions are illegal, saying such currencies “do not have legal tender status” and therefore “cannot be circulated as currency in the market.”. China is in the midst of an energy crisis that has already affected many other industries.

Banking 72
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Civic technology, more than ever, will be at the heart of democracy and effective government

Trends in the Living Networks

For now, with social distancing likely to be part of the landscape for the foreseeable future, technologies for citizen engagement , over and above simple digital service delivery, are critical.

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5 ways AI is showing promise as a decision-maker

CIO Business Intelligence

Instead of waiting on hold or navigating through phone menus, customers can instantly get answers from a virtual agent that is far more engaging and knowledgeable than past generations of chatbots. AI-generated “digital twins,” or virtual representations of physical assets or systems, can replicate live scenarios and predict breakdowns.

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Digital listening reveals 3 leading innovation drivers

CIO Business Intelligence

The industries these decision-makers represented include insurance, banking, healthcare and life sciences, government, entertainment, and energy in the U.S. Environmental Concerns: Environmentalists often criticize the energy consumption of blockchain products, which leads to a high carbon footprint. and tokenization.

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Metaverse: The time for CIOs to experiment is now

CIO Business Intelligence

Right now, the metaverse is essentially an undefined amalgam of technologies and concepts including but not limited to augmented reality (AR), avatars, blockchain, cryptocurrencies, extended reality (ER), mixed reality (MR), NFTs (non-fungible tokens), virtual reality (VR), and Web3. Follow the money.

Training 145
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The potential massive social impact of gamification for weight loss and savings

Trends in the Living Networks

As such, we certainly need to apply what is being learned in the field of gamification, particularly its social aspects, to see how it can help positively change behaviors. The app tracks their progress and rewards them with virtual badges. Gamification works well when [a social element] is embedded in the game,” he tells HPW.

Social 133
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Generative AI is pushing unstructured data to center stage

CIO Business Intelligence

Unlike that energy company, many organizations have yet to feel an urgency to capitalize on the value of their vast reservoirs of unstructured data. Since those early days, the ratio of structured and unstructured data has shifted as the Internet, social media, digital cameras, smartphones, digital communications, etc.

Data 98