Tag: TRANSPARENCY
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Revolutionizing the U.S. Treasury: Can Blockchain Bring Unprecedented Transparency?
Elon Musk has sparked intense discussions by advocating for the integration of blockchain technology into the U.S. Treasury. His vision, promoted through the Department of Government Efficiency (DOGE), aims to bring radical transparency to government spending by recording every transaction on an immutable public ledger. This could revolutionize financial oversight, ensuring that every dollar spent…
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The EU AI Act: Pioneering AI Regulation for a Safer Future
The European Union has taken a historic step by introducing the AI Act, the world’s first comprehensive legislative framework designed to regulate artificial intelligence. This landmark regulation aims to balance technological innovation with the protection of fundamental rights, safety, and ethical standards. Under the Act, AI applications are categorized by risk levels. The highest-risk AI…