Blockchain Is About to Revolutionize the Shipping Industry

Globalization has brought the most advanced trading networks the world has seen, with the biggest, fastest vessels, robot-operated ports and vast computer databases tracking cargoes. But it all still relies on millions and millions of paper documents. That last throwback to 19th century trade is about to fall. A.P. Moeller-Maersk A/S and other container shipping lines have teamed up with technology companies …

Palantir Knows Everything About You

Peter Thiel’s data-mining company is using War on Terror tools to track American citizens. The scary thing? Palantir is desperate for new customers. High above the Hudson River in downtown Jersey City, a former U.S. Secret Service agent named Peter Cavicchia III ran special ops for JPMorgan Chase & Co. His insider threat group—most large financial institutions have one—used computer …

Austin is piloting blockchain to improve homeless services

While the vagaries of the cryptocurrency markets are keeping crypto traders glued to their CoinDesk graphs, the real potential of blockchain is its capability to solve real human challenges in a decentralized, private, and secure way. Government officials have increasingly investigated how blockchain might solve critical problems, but now one city intends to move forward with an actual implementation. The …

If you jaywalk in China, facial recognition means you’ll walk away with a fine

Residents of Shenzhen don’t dare jaywalk. Since April 2017, this city in China’s Guangdong province has deployed a rather intense technique to deter jaywalking. Anyone who crosses against the light will find their face, name, and part of their government ID number displayed on a large LED screen above the intersection, thanks to facial recognition devices all over the city. …