As facial recognition technology continues to advance, the debate over privacy and unregulated surveillance is reaching a boiling point. Does facial recognition violate privacy? It all boils down to obtaining appropriate user consent. Surprisingly, there are currently no federal laws regulating the use of facial recognition or other biometric identifiers. However, some states, like Illinois…
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Imagine a world where the only ID you need is digital and it is stored in a digital wallet on your phone. What if your digital ID could immediately prove your identity and is secure from cyber attacks? And the best part – you control what information is shared and who can access it. Welcome to blockchain-based digital identity.
By Sharon Rosa-Bohrer As consumers, it is clear that mobile devices are a mainstay in our daily social lives- from connecting with friends over social media, making dinner reservations, or researching and sharing product recommendations or reviews online. Now, it is the explosive growth of mobile payments that is transforming our financial lives- and…
Could Facebook be launching its own Cryptocurrency? Speculations are swirling after Facebook announced lifting its controversial ad ban suggesting that the company could be considering blockchain and cryptocurrency. The reversal comes at a time when a potential Facebook acquisition of Coinbase would give the industry the legitimacy it needs.
By Sharon Rosa-Bohrer With 48 million people over the age of 14 using one or more mobile payment apps last year, and with this number expected to grow by 14.5% to 55 million this year, the fight for mobile payment customers is fierce. The current in-store payment app of choice? Starbucks. Starbucks continues to…