As we develop new and interesting technologies, ostensibly to
make our lives better, it puts pressure on our legal system to
make sure that we
The government cares a lot about its money, especially when it can be converted into Bitcoin, the digital anonymous currency, and taken off the radar to be sent anywhere without anyone's identity attached to it.
Commercial drone use faces two major hurdles before it becomes part of our lives – winning the public's favor as a safe and easy way to get business done, and figuring out where it fits within FAA regulations.
The Feds are still figuring out how to address Bitcoin. In the meantime, many marketplaces legitimate and illegitimate alike will gladly take the currency as payment for everything from socks to drugs.
These are just three examples of how technology is outpacing the law, and given the current rate at which people are churning out newer and better gadgets to expand our capabilities, lawmakers will continue to have to play catchup.
Commercial drone use was catapulted to the public's attention with Amazon's surprising announcement that it's been experimenting with package delivery by unmanned aerial vehicle.
But here's the thing – there's no legal framework in the United States for businesses to make use of drones with the government's blessing. The FAA is on record as saying that it will be drawing up rules for such use cases, and when that happens, it'll shake up a number of industries. Obviously the aforementioned package deliveries can be handled much more swiftly and cheaply when there's not a human responsible for getting it to your door, but farmers can use them to dust crops, and companies in Australia are even using them to put out bush fires.
But that's not the only legal implication of 3D printing. Given the ability to manifest pretty much any object you can conceive of, 3D printers also have copyright zealots up in arms about potential infringement. The famous example here is found in Warhammer 40K, a tabletop wargame played with small figures that are most certainly protected under intellectual property laws. But with a 3D scanner and printer, it becomes a cinch to clone your figures at a fraction of the price you'd pay to buy them at a store. Is this legal or illegal?
Many were raising a stink late last year (I was one of them) about Defense Distributed, a nonprofit organization committed to designing a functioning gun that one could hypothetically make at home with a 3D printer. It presents something of a problem to lawmakers – how do you make sure guns are being used safely when they can be manufactured in someone's garage without serial numbers or accountability? The city of Philadelphia has already issued a ban on 3D printed weapons, so look for this ban to become a trend.
Credit Rating Firm Backs $8 Million Fundraise for Crypto Alternative
A startup looking to build a credit scoring protocol on top of the recently-launched Ontology blockchain has raised $8 million in seed funding.
POINTS, founded in 2017, said it drew funding from a
Barclays Seeks Twin Blockchain Patents for Banking Services
Barclays Bank may be looking to blockchain to streamline fund transfers and know-your-customer processes, according to newly-released patent applications.
The U.S. Patent and Trademark Office publi
Congressman's Call for Crypto Ban Sparks Social Uproar
In the span of a few hours, it became Crypto Twitter vs U.S. Representative Brad Sherman.
On Wednesday, Congress hosted a pair of back-to-back hearings on the topic of cryptocurrencies (read CoinD
Bitcoin could take a major chunk of change from gold, crypto expert says
Bitcoin back above $7,000 has crypto bulls believing in the rally again. To one crypto expert, the leading cryptocurrencyâs long-term move could be stratospheric. Such a move will be fueled by a
Bitcoin hasn't bottomed yet, says crypto trader who predicted it could reach $50,000 by year's end
Bitcoin is rallying. The digital tokens were priced around $7,400 on Thursday at 5:30 p.m. ET â an increase of more than 10 percent from a month ago, according to Coinbase. But Arthur Hayes, the
It Took Just A Day for Tron's Founder to Win His Own Blockchain's Election
An unconventional candidate has triumphed in tron's ongoing blockchain elections: the project's founder Justin Sun.
After announcing his candidacy to become a tron "super representative" (a node on
Ethereum Scaling Solution Raiden Releases Last Testnet Before Launch
A new test network has been launched for Raiden, the ethereum payments channel project.
Announced at the Dappcon developer conference in Berlin on Thursday, the release features a minimal implement
Malta Stock Exchange Inks Deals to Build Security Token Exchanges
MSX, the newly launched fintech arm of the Malta Stock Exchange, has inked several new deals aimed at creating new marketplaces for tokenized securities.
The newly inked deal sees MSX team up with