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What is the World Ethical Data Forum 2018 about?
World Ethical Data Forum 2018 is the first of its kind and is a conference centered around the issues of data protection and blockchain technology. As the name implies the main topics with be focused on the moral and ethical implications of Big Data and the distributed ledger systems.
A conference of this kind is very much needed in today’s society, where more and more of our lives (and thus our data) is taking place online.
The recent Facebook scandal involving data leaks from Cambridge Analytica is a sign that more needs to be done when it comes to protecting the data of online users and consumers. The digital ledger technology offers some solutions to this problem but is far from a perfect system given that the technology and surrounding industry is relatively nascent. The decentralized and trestles networks facilitated by blockchain technology is undoubtedly powerful. However, there is a certain responsibility that comes with this power, which needs to be addressed. In order to tackle these issues, and put forward possible solutions, the World Ethical Data Forum will bring together some of the brightest heads in the blockchain space.
They will give talks on topics such as the emerging government regulations of ICOs and cryptocurrency trading, the pros and cons of blockchain technology, new ways to deal with peer arbitration, how to best incorporate blockchain technology into business, and the general ethical risks associated with all of these topics. The World Ethical Data Forum will take place at The World Trade Centre in Barcelona, Catalonia, Spain on the 8th, 19th and 20th September 2018.
Which topics will be discussed at World Ethical Data Forum 2018?
Ethical debates in the cryptocurrency space have almost been constant for the past few years. The industry has been marred by the accusations of facilitating criminal activities, such as scams, fraud, money laundering, and even illegal substance trade.
This has led to many firms such as Facebook, Google, Twitter, and Reddit to place bans on the advertisement of ICOs and cryptocurrency trading. Governments around the world have subsequently begun to impose regulations of the market in order to remove the shadier elements of the industry. Lawmakers, however, are not experts on blockchain technology, and thus their regulations have received a lot of criticism for being too broad and heavy-handed. In some cases, the regulations have not even been able to tackle the issues they were designed to. This is why the World Ethical Data Forum is such an important event. Only by having experts and enthusiasts in the same space can productive debates take place. The outcome of these conversations will prove invaluable to legislators around the world who are concerned with their efforts to rein in the blockchain industry. More specifically, the topics that will be covered include the ethics of artificial intelligence (AI), Big Data, the privacy issues associated with it, and how a decentralised system can be used to remedy the existing concerns. These areas develop so rapidly that it is almost impossible for legislators and regulators to keep up.
Who is behind World Ethical Data Forum 2018?
The host of the World Ethical Data Forum is a tech startup by the name of VN3T. Daniel Brace, who is their Director of Business Operations, has expressed his enthusiasm for this brand new event. Brace has said that there have not been any similar opportunities for experts in the fields of the blockchain, AI, Big Data, and distributed computing to have these discussions. Brace also stresses the importance of this event, as new data regulations like GDPR also have to be taken into account. Essentially, there is a lot happening in both the innovative as well as the regulatory spaces, and the World Ethical Data Forum is the perfect opportunity to bring it all together.
Why should you attend World Ethical Data Forum 2018?
There are many reasons to attend the World Ethical Data Forum if you are involved in any industry that utilizes blockchain, AI, Big Data, or distributed computing. The event will allow you to take part in discussions that address the most cutting-edge technologies, and your contribution could prove incredibly important to the future of privacy and data.
You will also be able to meet some of the thought leaders in their field, and network across industries. If you own or represent a business, this event will also help you position yourself as someone on the forefront of new technological innovation and debate. As someone who is affected by the moral implications of Big Data, you will furthermore be able to help shape your own future, as the policies and regulations will influence us all. Finally, you can join in as a speaker on stage, and share your wealth of knowledge with the rest of the World Ethical Data Forum.
Who will be speaking at World Ethical Data Forum 2018?
There will a host of great speakers at the World Ethical Data Forum. Over 50 experts and pioneers in the fields of AI, blockchain technology, Big Data, and distributed computing. The event will also see over 500 attendees, all deeply involved in these industries. Among the impressive speakers who will grace the stages is Chris Cleverly, who is the Executive Chairman of Block Commodities. Philippe van Nedervelde, the CEO of E-Spaces, will also be speaking, as will Katia Lang, who is the CEO of Fintech Times. You can view their profiles below.
Chris Cleverly (Executive Chairman, Block Commodities)
In addition to leading Block Commodities, Chris Cleverly is also a member of the International Tribunal for Natural Justice. His work focuses on reforming the current systems so that they will ultimately become more ethical. Some of his humanitarian work includes working with African farmers to ensure that they are able to afford seeds and fertilizers.
Philippe van Nedervelde (CEO, E-Spaces)
As the CEO of E-Spaces, Philippe van Nedervelde specializes in bringing the ideas of the future into the present. E-Spaces is a company that works with virtual reality (VR) and augmented reality (AR). Through their work, the Philippe and E-Spaces want to turn all the sci-fi concepts we know from TV into a real tangible experience.
Katia Lang (CEO, Fintech Times)
Fintech Times is a global news outlet that focuses on the world of financial technology. As the CEO of Fintech Times, Katia Lang is one of the people who know the most about the latest development in that space. This makes her an incredibly knowledgeable speaker on the subjects of blockchain technology and cryptocurrency. In addition to heading Fintech Times, Katia has also helped start Disrupts Media Limited.
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Opera is a popular, albeit not a very mainstream web browser. It gained its popularity by pioneering features like pop-up blocking, browser tabs, re-opening closed pages, and private browsing. It also incorporated a virtual private network (VPN) into the browser a couple of years ago. The main features that Opera’s 322 million users seem to value relate to privacy and security. It comes as no surprise, then, that Opera would eventually move into the blockchain space. Now it has just announced that it will be launching a cryptocurrency wallet as a new browser feature.
A crypto-wallet in your web browser
Previously, cryptocurrency holders had to install an extension to their web browser in order to use their wallet online. This is something Opera aims to do away with this hassle by integrating the cryptocurrency wallet directly into the browser. Opera has previously integrated other apps, such as Facebook Messenger and Whatsapp, into the browser. This was well-received by their users, which is why Opera has decided to take this next step. The company aims to play an important part in making cryptocurrency payments mainstream. Spokespeople have said that Opera aims to be at the forefront of innovations, and this latest addition to the browser is sure to put the browser head and shoulders above its competition.
How users can access their wallets
Cryptocurrency wallets in Opera have already been rolled out on the mobile Android version of the browser this July. Currently, the cryptocurrency wallet add-on will only be extended to PC desktop users. As with the Android version of the wallet, the PC desktop version will be secured by what Opera calls ‘user-control’. This means that any keys and p[asswords are stored on the phone itself, rather than on a centralized server controlled by Opera. Given that the Android phone browser will synchronize with the PC desktop browser, the PC version will also be using the same system as the phone version. In order to access the cryptocurrency wallet, users can also use their fingerprints if their phone has this capability. To access the desktop version of the wallet, users simply scan a QR code with their phone just like when they use the desktop version of Whatsapp.
Limited support – for now
The latest add-on from Opera will not be rolled out to all devices. It is currently only available to Android and Windows users, which means that all the Mac people will have to exercise some patience. Furthermore, the wallet will only support Ethereum at the time being. ETH, ERC-20 tokens and ERC-721 collectibles will be covered by the Opera wallet. However, the team has expressed a desire to expand the utility of the wallet by including more cryptocurrency tokens in the future. Another great addition to the browser was the inclusion of an anti-cryptojacking software earlier this year. Not only will Opera users enjoy privacy and security, but now also cryptocurrency payments.
What do you think will happen to other web browsers? Will Safari, Chrome, Edge, Firefox, Tor, and all the others follow suit? What more would you like to see Opera add? Leave your thoughts in the comments below.
How do you determine the value of a cryptocurrency token? The value of tokens has been a constant subject of debate in the industry since the emergence of cryptocurrency. To traders and investors, it might seem pretty straightforward.
To the layperson, however, it might seem complicated due to all the business jargon being thrown around to explain the market fluctuations. What we do know is that the price of a given product does not necessarily translate into actual value. Two cars can be of the same quality, but with different price tags despite offering the same value. So what determines the value of a cryptocurrency? The price seems to jump up and down on a regular basis. Experts and journalists have tried to explain this phenomenon by pointing to positive and negative news stories, investor temperament, and other factors that could influence people’s perception of a given cryptocurrency. But as an investor, you would benefit more from paying attention to the market capitalization.
What is market capitalization?
On the stock market, market capitalization is used by investors to help them make informed decisions on their investments. Determining the market capitalization (or market cap, for short) of a public company is quite simple. First, you find out what the price of one share is, and then you multiply the price with the number of shares in existence. So if the price of a company share is $1 and there are 1000 shares in existence, then the company’s market cap is $1,000.
The exact same method is used to determine the market cap of a cryptocurrency. If a cryptocurrency is being sold for $1 and there are 1000 tokens in circulation, the cryptocurrency has a market cap of $1,000. This means that two cryptocurrencies with different price tags can still have the same market cap. If Cryptocurrency A has 1000 tokens in circulation at price of $1 each, the market cap is $1,000. If Cryptocurrency B has 2000 tokens in circulation at the price of $0,50 each, the market cap is also $1,000.
How to use the market cap to inform your investment decisions
When investors look at which companies to invest in, they typically categorize them as small, medium, or large cap. The market cap category tells you something about the size of the company, its stability, and its growth potential. Large corporations like Apple and Microsoft are categorized as large cap. This means that they are stable companies and a safe bet for investors. However, it also means there is not a lot of growth potential, which means that whatever yields gained from trading in their shares will be minimal. Small startup companies, on the other hand, will typically be categorized as small cap. This means that there is a certain amount of risk that the company will fail, the shares will lose their value, and your investment will be lost. On the other hand, it also means that there is a huge potential for growth and that you will make a large return on your investment if the company succeeds.
How does this translate into the cryptocurrency market?
Using the information above, we can now look at how to use market capitalization to inform your investment decisions in the cryptocurrency market. If you take Bitcoin, for example, you are looking at a market cap of around $136,000,000,000, as there are approximately 17,000,000 Bitcoins in circulation valued at around $8,000 each. Bitcoin is the first and to this date most popular cryptocurrency, and as such are classed as having a large market cap. This becomes even more apparent when you look at competing cryptocurrency tokens. The top 100 cryptocurrency tokens all have a market cap of around $55,000,000. You can see how Bitcoin has a market cap many times the size of even the most popular cryptocurrencies. As an investor, this means that while Bitcoin is more stable than these other coins, you a less likely to make a huge profit from trading in it. You can gain far more from trading in the tokens with a smaller market cap, but also risk losing your investment if those coins fail.
Universal Recognition Token ICO Review
Giving gifts can be difficult, especially if you do not know the person very well. In large families, this often results in Christmas presents politely being put aside until after the holidays, where they are promptly exchanged for something the person actually wants. In a corporate setting, it is easy to see how this problem would be amplified even more.
Companies want to motivate their employees to work harder and reward them for their efforts. This is often done with corporate gifts, and often with the same result as the Christmas present scenario described above. Small companies might know each individual employee and give them something they actually want. But in a corporation that employs hundreds or thousands of people, the likelihood of the HR department correctly guessing what each individual employee would like is slim to none. This means that, as with the Christmas presents, corporate gifts are often left unused or traded for something else. Studies have shown that over $90 billion is spent each year on corporate gifts in the United States alone.
What is the Universal Recognition Token?
The Universal Recognition Token (URT) is essentially an online marketplace where recipients of corporate gifts can auction their gifts off to the general public. Once a gift has successfully been auctioned off, the seller receives the value of the gift in cryptocurrency tokens. The seller can then choose to purchase something else with these tokens, trade them for other cryptocurrency tokens or fiat money, or simply save them for a larger purchase or investment. The value of the URT tokens will never expire, even if the person holding them changes employer at a later date.
What is the URT token?
The URT platform is using the Ethereum blockchain, which means that the URT token is utility tokens that comply with ERC20. The value of the URT token is based on the total value of the items being auctioned off on the URT platform. The URT tokens can be traded for other cryptocurrency tokens on cryptocurrency exchanges around the world.
Who is behind the URT?
The head of this project is Brendan Ward, who is functioning as the CEO of URT. Ward is a seasoned veteran entrepreneur and has worked with AGS Studios, which have products in the app stores for Apple and Google devices. Working alongside Ward will be a team of professionals and experts in the field of cryptocurrencies and online marketplaces.
Conclusion
The rationale behind URT seems perfectly sensible, and the team has definitely identified a gap in the market. The concept itself is pretty straightforward, which will make it easy for anyone to understand and subsequently invest in. The interesting part will be to see how much the value of the token goes up as more and more people auction items off on the platform. Sellers of corporate gifts could potentially make much more than the value of the item they have sold, as the value of the URT token goes up.
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