UK

Inside the podcast gold rush

When Matt Sacks worked for a large American venture capital firm, he would spend his commute plugged into the latest episode of acclaimed American sports writer Bill Simmons’ podcast. Simmons was among the earliest adopters of the podcasting medium and Sacks was an early, obsessive listener. “It was one of the first ones that opened my eyes […]

Stable-coins are not the future of Crypto

The future of stablecoins isn’t really about stablecoins, but cryptocurrency as a whole. The ebb and flow of the cryptocurrency market continues to be volatile and far from predictable. The good news is that there is a solution that could disrupt and “stabilise” the cryptocurrency market. This solution is already in use. We are talking about stablecoins. Stable-coins […]

Can we trust AI in UK Government?

Civica recently sat down with central government leaders to discuss whether the public sector is prepared for the artificial intelligence revolution and the ethics behind the technology. Steve Thorn, Executive Director, Civica shares his views from the event By 2035, AI is estimated to add £630 billion to the UK economy. In many ways, AI is already a […]

Ripple Partnership Provides New Payment Rail for UK Remittance Firm

Distributed ledger startup Ripple has added a new client to its global settlements platform, RippleNet. UK-based remittance firm, Xendpay, announced a partnership with Ripple that allows the firm to enter new markets like the Philippines, Bangladesh, Malaysia, Vietnam, Indonesia, and Thailand. According to a statement published August 21, RippleNet supports currencies that were previously inaccessible to the remittance firm. […]

US and Asian Investment in UK Tech Skyrockets

The UK tech sector has attracted more foreign investment in the first seven months of 2019 than it did during the whole of last year, according to latest industry figures, and has overtaken the US for foreign investment, per capita.  Research prepared for the Digital Economy Council by Tech Nation and Dealroom.co shows that between January and July this […]

Artificial Intelligence for Energy Efficiency

As energy systems worldwide continue to decarbonise and decentralise, there is an increasing need to manage and predict the distributed constituents of the system, such as renewables, EVs and battery storage, the letter says. AI will be “essential” to managing this system and the data that comes with it, the letter continues, adding that London […]

Coinbase and Barclays Part Ways, Will UK Users Be Affected?

It is being reported that Barclays, the London-based global bank, recently stopped banking for Coinbase, the United States-based crypto exchange. Coinbase reportedly found a quick replacement in the form of another United Kingdom-based establishment, ClearBank. While Barclays connected San Francisco-based Coinbase to the U.K. Faster Payments Scheme (FPS), enabling instant withdrawals and deposits of British pounds at the exchange, ClearBank won’t offer […]