Many people associate blockchain technology with trading cryptocurrency, but that's not all it can be used for. Businesses of all sizes are integrating it into their workflow. Gene Marks, CPA and Washington Post Business Columnist and Rob Marvin, Associate Features Editor at PC Mag join This Changes Things to discuss the applications of the technology.
One of the main reasons why Marks is excited about blockchain is because it will make accounting and auditing a lot easier for companies. He believes having all the data automated onto a system will create fewer errors and save time when paying employees or vendors.
On the technical side of things, Marvin says that some companies are hesitant to incorporate blockchain because they think they need to create their own platform. He points out that large corpoations now offer blockchain services where you can buy the platform already acssembled for your business needs.
Artificial intelligence is revolutionizing how people work, including in creative industries. The famous Tribeca Film Festival featured some projects recently that used A.I. that some filmmakers say make it more creative. Cheddar News took a peek at some of those films.
The Department of Energy and several other federal agencies were compromised in a Russian cyber-extortion gang's global hack of a file-transfer program popular with corporations and governments, but the impact was not expected to be great, Homeland Security officials said Thursday.
Rivian is expanding into New York City and launching its first showroom there. Cheddar News took a look at the showroom in NYC that the company is calling "spaces," which is intended to be experiential retail locations to woo new customers.