There are a number of technology disruptions that will be seen over the course of the next several years that have the potential to upend business as usual across a range of markets. It is important for IT leaders to familiarize themselves with these trends to understand the threats and opportunities they pose. Some of […]
The modern financial system has become more decentralized, moving away from the centralized system used by banks in the past. Decentralized finance (DeFi) eliminates intermediaries from transactions, allowing for two or more users to execute financial transactions without a central authority. Understanding Cybersecurity Management in DeFi (UCM-DeFi), a five article series, aims to discuss decentralized […]
You’ve probably heard about the metaverse. Big tech companies and technology enthusiasts have been hyping the metaverse as “the next generation of the internet”, or an internet you can be in, not just look at. You likely have some idea of what the metaverse will look like, either because of promotional videos from companies such […]
Toronto-based venture capital firm Round13 today announced the launch of a dedicated, crypto native fund to invest in the emerging blockchain and digital asset market. The fund is also partnered with Satstreet, a Canadian digital investment firm with a deep network of relationships in the crypto universe. As a member of the Canadian Web3 Council, […]
The current front-runner for the Conservative Party leadership has said he would prevent the Bank of Canada from developing a central bank-run digital currency if he becomes prime minister. Poilievre, who has been a Conservative member of Parliament for 18 years, has pushed past all the contenders ahead of a September vote to choose the […]
Files from Tom Li Social media users don’t trust the platforms they use, silicon valley engineers are fervently pursuing blockchain opportunities, and Intel will be placing unvaccinated employees on unpaid leave next year. That’s all the tech news that’s trending right now, welcome to Hashtag Trending. It’s Thursday, December 23, and I’m your host, Samira […]
ITWC is providing multiple opportunities for women in the enterprise to be recognized for their efforts as technology and business leaders. Starting today, nominations are open for the inaugural Top Women in FinTech & Blockchain recognition program. There are more than 600 fintech companies in Canada, according to a CFA Montreal report, and new Canadian fintech companies are […]
IBM revealed two new additions to its IBM Food Trust network at CES 2020 in Las Vegas earlier this month: Farmer Connect and Terra Delyssa olive oil tracking. Both new announcements are another step forward for a prevalent and pressing issue; establishing a trust system for food items. With labour, fraud, waste, ethical, and even […]
What are some bleeding-edge information technology developments that a forward-thinking CIO should keep an eye on? Here are a few emerging technologies that have caught my attention. These are likely to have an increasing impact on the world of business in the future. Consider which ones you should follow a little more closely. Quantum computing […]
SecureKey Technologies announced Dec. 12 that medical laboratory services company Dynacare has become a part of its blockchain-based digital identity network, Verified.Me. SecureKey, a leading identity and authentication provider that simplifies consumer access to online services and applications, says that Dynacare’s participation will allow patients of Dynacare Plus in Ontario to verify their identity via […]
A blockchain-based digital identity network designed by Toronto-based SecureKey Technologies Inc. and supported by the top banks in Canada announced its official launch on Wednesday. Dubbed Verified.Me, the service has been a long time in the making and was originally slated for a release last Fall. Available via a web portal and a mobile app, […]
BSides opened on Day 2 with the founder of YubiKey, the company that developed one of the first secure yet easy-to-use hardware devices for two-factor or multifactor identity authentication. Stina Ehrensvard recounted the history of her company, starting in 2007 to design a device to protect internet users that was as secure as a smartcard […]
The Jamaica Stock Exchange announced on August 14 that it had selected Blockstation, a Toronto-based fintech company, to enable investors to trade blockchain tokens within a secure regulatory framework. With their partnership cemented, the JSE could be the first stock exchange to introduce its own online digital currency and trading platform compliant with regulatory standards. […]
The Bank of Montreal (BMO) is hoping to demonstrate viable, real-world applications for blockchain, launching a first-of-its-kind pilot in Canada using the technology for a fixed income transaction. The transaction, by the bank’s BMO Capital Markets division, has BMO as the issuer and the Ontario Teacher’s Pension Plan as the buyer of a $250 million, […]
TORONTO — A decentralized internet, resembling the early days when no one had to rely on governmental and corporate servers, will not only improve basic search engine capabilities, but change how people access information, says Ben Goertzel, CEO of SingularityNET. “Redecentralizing web search will radically lead to growth beyond web search, it will give us […]
Blockchain and other distributed ledger technologies have been identified by startups, entrepreneurs and investors as revolutionary, with the added potential to disrupt multiple industries. But it’s also catching the eye of the federal government, which recently held a blockchain day alongside other countries to explore the ways it could be used in different government departments. […]
Amazon has a new partnership with Best Buy, NASA is looking at blockchain technology as a way to help with deep space travel, and Abu Dhabi is getting an operational hyperloop by 2020. http://variety.com/2018/digital/news/amazon-best-buy-insignia-toshiba-fire-tv-edition-1202756756/ From Twitter – It looks like Amazon isn’t trying to kill off Best Buy after all. In an increasing effort to […]
The Government of Canada, World Economic Forum, and other global partners are testing a new concept in border security, which will let travellers digitize their personal information and share it with airport and government authorities before traveling. Developed in collaboration with Accenture, the Known Traveller Digital Identity prototype was launched at this week’s World Economic […]
People who collect cryptocurrencies typically do so to move away from traditional banking systems, but Versabank is welcoming them with open arms. “We’re a very unusual bank,” David Taylor, Versabank’s president and CEO told ITWorldCanada.com, acknowledging the hesitation owners of cryptocurrency have towards storing their digital currency in a bank. But the London-based Versabank – […]
Image: Dawood Khan, founder of TransformationWorx (second from left) congratulates one of the first graduates of the blockchain certification, along with Husam Sha’ath of Forte Management Consulting (right). If blockchain technology is really going to grow beyond Bitcoin and be a disruptive force of change in the business world, then at least there’s a dozen […]
On its surface, the massive, decentralized ledger of information known as the blockchain is a wondrous innovation in information registry and distribution. At the centre of it, the concept of owning your digital identity under a lock and key and lending it out to services however and whenever you want, is the baseline architecture that […]
Kodak has jumped on the blockchain bandwagon. In a licensing partnership with Wenn Digital, Kodak announced Tuesday the launch of the KodakOne image rights management platform and KodakCoin, a new token that will serve as the service’s future currency. The goal, Kodak says, is to create a an encrypted, digital ledger of rights ownership for […]
As the legalization of marijuana in Canada inches closer, companies are tapping into blockchain technology to help distributors, and provincial governments, minimize fraud and potential criminal activity. Budbo, a California-based analytics company focused on the marijuana sector, recently announced the sale of tokens for its upcoming ethereum-based blockchain platform while emphasizing its focus on the […]
If you woke up tomorrow morning and found you were running the technology department of Canada’s largest bank, what thoughts would go through your mind? Well, for Bruce Ross, the CIO of the Royal Bank of Canada (RBC), he’s had the advantage of getting used to that position since joining the bank in 2014. Now […]
