Personally, I'm very skeptical of cryptocurrencies but very intrigued by blockchain technology. I think the unusually high number of vendors across industries in India is a ripe opportunity for blockchain tech – Bajaj Electricals, of all people, recently piloted a super-interesting implementation for suppliers
If you're working on (or even thinking about) applying blockchain to vendor payments, I would love
to hear from you.
Also, what do you think are other India-specific problems that blockchain could help solve?
In other news involving buzzwords-du-jour, this clickbait-ey title recently caught my eye:AI and Bitcoin catch sex trafficker
I couldn't resist clicking and was not
An AI tool was trained to use ML to find patterns in suspicious sex-related online classifieds. As credit cards are not accepted on such websites, Bitcoin is the primary payment method. The AI then trawls through Bitcoin's blockchain to spot transactions linked to these suspicious classifieds clusters.
And just last week, a trafficker who kidnapped a 13-year old girl was prosecuted directly as a result of this tool.We are living in the future friends.