Kameir

The latest article for Hackernoon is an extended version of the previous Forbes’ article

Money is technology. And, the most overlooked opportunity in itself – not payments, not remittance, not any other banking services.

Read my article on Forbes here.

The California Consumer Privacy Act (CCPA) is a state statute intended to enhance privacy rights and consumer protection for residents of California, United States. And, it took effect today. I have been testing several sites for their compliance, and as expected they leave much to be desired.

Some websites are still missing the legally required link altogether. An “interesting” opt-out page can be found at https://isapps.acxiom.com/optout/optout.aspx. “Interesting” because the company wants to include their own terms and conditions in the opt-out procedure. Needless to say, I did not complete the process.

Video from my October 2019 talk at the SoCal Data Science Conference in Los Angeles.

In his fundamental book, Money and the Mechanism of Exchange, English economist William Stanley Jevons explains that currencies address a central economic problem: the coincidence of wants. The phrase describes the conundrum inherent to barter where the parties of the transaction have to agree to sell and buy each other’s goods.The obvious challenge is the improbability of the wants, needs and events that would enable such a transaction occurring at the same time and the same place. In absence of this double coincidence of wants, the parties need to agree on an acceptable substitute: a medium of exchange. While Jevons included the latter function in his definition of money, his thinking was necessary informed by and limited to the technologies of his time.The following is a review of the definition of money, the state of currencies and their potential trajectory with consideration of current technologies, including blockchain-based solutions and so-called “cryptocurrencies”.

Full article on Hackernoon.