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Fifty years ago, two great technologies, the telecommunications network and the computer, embarked on a collision course. Experts at the time speculated about a “computer utility” that would profoundly influence both business and society. Not long after, the Federal Communications Commission...
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Nearly fifty years after FCC Chairman Newton Minow blasted broadcast television as a "vast wasteland," the FCC has the opportunity create a verdant new oasis of wireless connectivity. The long-dormant “white spaces” around broadcast TV channels may soon be opened to new forms of...
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This article envisions the foundational infrastructure for a true wireless Internet. The domain name system (DNS) for addressing allowed the Internet to scale as a decentralized, loosely-coupled system. A similar system for the wireless communication would allow devices to negotiate frequently...
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If there is a sector of the economy that should embrace network-based thinking, it is telecommunications. Surprisingly, the opposite is the case. The leading firms building telecommunications and Internet infrastructure increasingly emphasize consolidation, hierarchy, and exclusive control,...
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Today, communications regulators mechanically apply outmoded categories to novel converged services. As a result, they create irresolvable contradictions and force hair-splitting distinctions that seldom hold up under the strain of judicial review or market forces. Policy-makers should...
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Some policymakers and scholars view cryptocurrencies as conduits of illegality and fraud, which therefore should be tightly regulated. Others warn that regulation could simply cause trading activity to cross borders into less-regulated jurisdictions—or even smother a promising new financial...
Persistent link: https://www.econbiz.de/10012828501
The financial services industry is among the areas predicted to benefit the most from blockchain in the years to come. A key reason is that its ‘core functions of verifying and transferring financial information and assets very closely align with blockchain's core transformative impact' and it...
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