Imagine this: you’ve found your dream apartment and you want to close the deal. But instead of dealing with realtors, lawyers, and banks, you just enter a passcode, and you’re done.
“That’s just one example of how I think the blockchain will come to reinvent how business is done and consumer experiences,” Bryan Schreier, partner at venture capital firm Sequoia Capital, told Cheddar.
He says the technology could wipe out layers of inefficiencies and middlemen.
Schreier, who sits on the boards of Dropbox, Thumbtack, and Qualtrics, said he sees a dozen pitches from start-ups in the crypto space every week.
“It reminds us of the early days of the internet…[which] promised to reinvent companies across a number of different industries,” Schreier told Cheddar.
But he cautioned that the world he envisions is probably a decade out. “It’s still very early.”
The Federal Trade Commission is proposing stronger regulations for children's privacy online.
Hidden inside the foundation of popular artificial intelligence image-generators are thousands of images of child sexual abuse, according to a new report that urges companies to take action to address a harmful flaw in the technology they built.
Rite Aid has been banned from using facial recognition technology for five years over allegations that a surveillance system it used incorrectly identified potential shoplifters, especially Black, Latino, Asian or female shoppers.
Tesla drivers in the U.S. were in more accidents than drivers of any other car brand this year, according to a study.
Hackers accessed Xfinity customers’ personal information by exploiting a vulnerability in software used by the company, the Comcast-owned telecommunications business announced this week.
The White House is lending its support to an auto industry effort to standardize Tesla’s electric vehicle charging plugs for all EVs in the United States.
A group representing several big tech companies is suing Utah over state laws about children's social media use.
A new study published in the journal Behavior and Information Technology reveals less time on social media makes people happier and more efficient at work.
Google has agreed to pay $700 million to settle an anti-trust settlement.
Apple announced that starting this week, it will stop selling some versions of the Apple watch in the U.S.
