According to experts of RAND research center, bitcoin and other common digital assets are less suitable for criminals. These tools no longer provide complete anonymity and are controlled by regulators and law enforcement officers. New cryptocurrencies are unreliable and illiquid. However, experts admit that digital assets retain a potential danger to society as they are rapidly developing and...

Companies and corporations send their applications to the World Intellectual Property Organization (WIPO) for processing patents for various inventions. According to the organization, Chinese companies submitted 5,405 applications in 2018. In general, more than half of all applications submitted came from Asian countries. Below are 9 companies that filed the most patent applications in 2018. 9....

The National Development and Reform Commission of China (NDRC) wants to ban Bitcoin mining, Reuters reports. The Commission submitted for public comment a revised list of industries that it intends to promote, restrict or prohibit. The draft revised list adds mining of cryptocurrencies, including Bitcoin, to more than 450 activities that, from the point of view of the NDRC, should be banned...

Digital transformation is forcing companies to rethink their business models and is changing nature of competitiveness across the economy, the Organization for Economic Cooperation and Development (OECD) report says. However, the expected productivity growth is hampered by the gap between leaders and outsiders. In addition, monopolization processes, which slow down business dynamics, are...

Many companies, including Uber, Boeing and Audi, are developing their own versions of a flying taxi. According to Deloitte analysts, the companies engaged in this kind of development face several problems that must be solved before such flights become a reality. Among them is the need to create an efficient electric motor and batteries that could support a long flight, as well as development of...

Will machines make us jobless? Will powerful platforms control the economy? Will we have less (or more) freedom of choice in where to live and with whom to communicate? In the end, all these questions boil down to one thing: what will technology do to us? But this wording is wrong. Technology is nothing more than a tool, and it doesn’t matter whether it is a hammer or a neural network. Tools...

Apple and Qualcomm keep the patent war going. No one intends to concede even despite the fact that Apple was acquitted of one charge. The second case could lead to a total ban on the import of iPhones from China to the United States. Now, before the summer, Apple will have to defend its rights and prevent restriction of sales of gadgets, the demand for which is already going through hard times....

China is stepping up work on its own narrow-body aircraft C919. Already six airliners will participate in test flights in this year, and the first deliveries are to begin in 2021. Will the "miracle" of the Chinese aviation industry succeed in circumventing the Boeing 737 and Airbus 320? The Chinese mainline narrow-body aircraft C919 has not yet passed certification tests, but is already becoming...

Mobile service threatens to compete with business model of stores like eBay and Farfetch: users no longer have to go to third-party resources to pay for the goods they like. American users of Instagram can now make purchases right inside the mobile application. The service has implemented the function of integrated payment for goods, the company's website reports. “We present the function of...