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15 May, 2017

Blockchain’s public interface, at its most basic, is a string of shared data made up of a series of uniquely ordered alphabetical letters and numbers, timestamped and immutable. Yet, through this, blockchain can fundamentally change existing organisational structures, not merely as an evolutionary development, but potentially as a transformational technology. While it continues to develop, we need explore the opportunities that blockchain technology can offer and the consequences of not getting it right. We are living in a world where ‘for good’ has become zeitgeist and is often interpreted as 'social good'. However to set the scene of the discussion it is really important to note that 'for good' is not limited to non-profit activities or the third sector. There are incredibly varied views of what 'for good' means – for creative industries, it is transparency and fair distribution of royalties; for refugees, it is establishing or protecting identity; for charities, it is about accountability; and for government, it is about delivering better services to the public.

http://www.coindesk.com/crypto-utopia-defining-the-greater-good-in-a-blockchain-world/

NAB-owned online bank UBank has launched Robochat, an AI-powered chatbot that’s here to help filling out home loan forms. Robochat exists as an upgrade to Ubank’s home loan live-chat service and is ready to answer most of your questions in mere seconds. For now, Robochat can only answer queries relevant to the home loan application, but in the future it might be able to pre-fill your forms or dole out tips and extra information, says Ubank’s head of digital, Jeremy Hubbard.

http://www.theaustralian.com.au/business/technology/ubank-taps-watson-to-power-home-loans/news-story/0fa41ef8b445a17f55d28890238d3f5d

The ransomware strain WannaCry (also known as WanaCrypt0r and WCry) that caused Friday’s barrage appears to be a new variant of a type that first appeared in late March. This new version has only gained steam since its initial barrage, with tens of thousands of infections in 74 countries so far today as of publication time. Its reach extends beyond the UK and Spain, into Russia, Taiwan, France, Japan, and dozens more countries. One reason WannaCry has proven so vicious? It seems to leverage a Windows vulnerability known as EternalBlue that allegedly originated with the NSA.

https://www.wired.com/2017/05/ransomware-meltdown-experts-warned/