DeepFace: Facial Recognition Software & Privacy

(Apr 2014)

Facebook recently published a paper on a new technology that it is developing called DeepFace.  DeepFace is a system that determines whether two faces in different photographs are of the same person by building a three-dimensional model of the face and rotating it to match it with the face at different angles.  The technology has

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Cryptocontracts: Automating Payment for Digital Consumption

(Apr 2014)

The proliferation of digital currencies, following the lead of Bitcoin, has been outpaced only by the companies forming to bet their futures on widespread acceptance of the new technology. A few companies are focusing on self-enforcing contracts, dubbed Smart Contracts or Cryptocontracts. Digital currencies are an enabling technology here in that they allow the contract

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How Should Bitcoin Be Taxed? IRS Provides Short Answer

(Apr 2014)

With “Tax Day” looming for many Americans, it seems the perfect time to talk about the Internal Revenue Service (“IRS”). Bitcoin is a relatively novel form of currency that was first introduced in 2009. Unlike traditional currencies, Bitcoin operates “without central authority” and utilizes “peer-to-peer technology”  and functions as a open source of payment around

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