HSBC will upgrade their blockchain technology to control $20 billion in assets by March 2020. Digital Vault, the blockchain HSBC announced today, will control assets referred to as “private placements”, which are securities bought on private markets. Digital Vault will use distributed ledger technology to “give investors real-time access to their records”.
Last month Deep Mind’s latest AI broke another record, winning 5-0 against one of the world’s strongest professional players. This victory forces us to revisit our preconceptions and recognise how creative machine learning has become.