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Articles Posted by Pillsbury's Internet & Social Media Team

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Facial Recognition Technology May Soon Gain Some New Wrinkles

No one knows your face as well as your iPhone does. All the unique variances of your face that make it yours and yours alone, these are all data points that your iPhone uses to unlock your phone using a face in place of a thumbprint. This same data that…

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(Un)making History: ETC, a 51% Attack and How to Change an Unchangeable Blockchain

Back in January, news of reversed transactions on the Ethereum Classic (ETC) blockchain (little brother to the main Ethereum blockchain) made headlines and raised concerns about blockchain security. The product of a “51% attack,” these transaction reversals allowed some ETC tokens to be spent twice, a cardinal sin in cryptocurrency…

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News of Note for the Internet-Minded – 2/25/19 – Algorithms, Terms of Service and the Death of the Password

Online platforms battle the trolls (and ad blockers); Pokemon GO! creator Niantic promises to watch things a bit more closely; blockchain is not as “unhackable” as many think; and more … With addition of FIDO2 support for Android, the death of the traditional password creeps closer (which is probably for…

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AI, Robot – Our Final Invention?

In his 2013 book, Our Final Invention, documentary filmmaker James Barrat explores the perils and promises of artificial intelligence (AI). The book’s ominous subtitle, Artificial Intelligence and the End of the Human Era, echoes similar dire sentiments regarding the ultimate consequences of mankind’s quest for fully functioning AI, including from…

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Drilling for the Blockchain: Energy Commodity Trading Using Distributive Ledger Technology

The use of blockchain and cryptocurrency platforms continues to evolve and expand into new markets. We recently highlighted the new patent issued to tZERO covering blockchain-based methods and systems to trade “digital transactional items,” so it should be no surprise that another company—UK-based VAKT—has developed a blockchain platform for energy…

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The USPTO Looks to Nail Down the “Abstract Idea,” Among Other Things

On January 7, the U.S. Patent and Trademark Office released new guidance for how patent examiners should evaluate patent-eligible subject matter under 35 U.S.C. § 101. In “Evaluating the Evaluation: Breaking Down New USPTO Guidance for Patent-Eligible Subject Matter,” colleagues Jack S. Barufka, Ngai Zhang, and Matthew W. Hindman examine…

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Blockchain Goes Wall Street – New Issued Patent Covers Cryptocurrency Trading Platform

With bitcoin prices rising from the dead over the last few weeks (up nearly 25% from a December 14 low), there’s a degree of renewed excitement regarding blockchain and cryptocurrency. But as general public interest rises and falls, the steady process of creating useful applications and systems for distributed ledger…

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News of Note for the Internet-Minded – 1/9/19 – Mostly Tales of Human Bias and Misbehavior

Thieves loot some Ethereum; chat apps and the IoT attract unwanted attention; AI detects viruses … and password sharing; and more … Not surprisingly, chat apps are effective tools for terror groups. (Rita Katz, Wired) If you like to worry—or if it’s your job—here are five emerging cyberthreats for the…

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Artificial Intelligence and Money Laundering: Would AI Catch Marty Byrde?

In the popular Netflix series Ozark, money launderer Marty Byrde expends a lot of time and energy mitigating the risks that relate to his work, including his drug cartel client, a pair of farmers, the local pastor, and his own employee and her relatives—but financial regulators never appear to be…