Socure is the gold standard for digital identity verification and identity fraud prevention. Regarding cryptocurrency security, 1 in 10 Americans have bought or sold crypto. “Over the past 12 months, there has been $14B in losses to scams. Leaders in the space do not want bad actors entering their ecosystems ,”says Socure CEO, Johnny Ayers. Can new regulation and oversight help to improve the acceptance of crypto as an asset class?

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#crypto #bitcoin #BTC #cybersecurity #investing #money #finance #currencies #stocks #trading #stockmarket #wallstreet

Timestamps
00:00:50 Intro
0:05:16 Progress in 2022 from Janet
0:13:30 CEO thoughts on 2022 from Ben
0:19:05 Matt on progress toward AGI in 2022 via OPenCog Hyperon
0:26:25 Ben high level comments
0:30:34 Comments on the journey to this point
0:34:02 Janet on outlook for 2023
0:40:25 Jan on the AI Marketplace Platform and Deep Funding
0:52:13 Janet on Decentralization plans
0:53:09 Start of Questions
1:00:43 What is the goal and vision for AGIX?
1:03:57 How will SingualrityNET target the market to gain interest for their AI products that connect to real world needs
1:09:31 How do you see blockchain technology being used to enhance the capabilities of AI systems and how can smart contracts be used to facilitate the deployment of AI models on blockchain and how can AI be used to improve the scalability to and efficiency of the blockchain networks
1:16:16 Token structure of HyperCycle, how can HyperCycle be leveraged as a swarm intelligence, future of POW mining
1:20:32 How do we keep AI unbiased?
1:22:34 When will AGI happen?
1:24:49 Next section of questions on platform/adoption
1:25:43 When will we see a flourishing AI marektplace?
1:29:27 Will filtering of services be improved?
1:31:23 What killer apps will be launched for mass market use?
1:35:58 What role does the AGIX token play on the SingularityNET platform?
1:38:02 How does SingularityNET compete with big tech?, How will real world adoption develop?
1:44:55 What is the timeline of Deep Funding this year?
1:46:37 Question on OpenCog and Neuro-symbolic AI
1:51:38 Will the objective of AI use align with the objective of current general automation?
1:55:15 What is the plan to grow Deep Funding beyond phase 2 tokens?
1:58:50 What is the most exciting upcming milestone?
2:03:41 Closing thoughts

Live AMA held on Thursday, January 12th, 2022

Covering: The 2022 Year in Review update, SNET’s Progress Toward AGI in 2022, and all things SingularityNET for 2023.
Hosts were Ben Goertzel, CEO; Janet Adams, COO; Matt Iklé, CAIO, and Jan Horlings, VP of Product and Deep Fund lead

Blog Posts Covered:
– SingularityNET Ecosystem 2022 Delivery, Year in Review: https://blog.singularitynet.io/singularitynet-ecosystem-2022-delivery-year-in-review-207978452e18
– SingularityNET’s 2022 Progress Towards AGI:
https://blog.singularitynet.io/singularitynets-2022-progress-towards-agi-c3ae80c5403b
—-

SingularityNET is a decentralized marketplace for artificial intelligence. We aim to create the world’s global brain with a full-stack AI solution powered by a decentralized protocol.

We gathered the leading minds in machine learning and blockchain to democratize access to AI technology. Now anyone can take advantage of a global network of AI algorithms, services, and agents.

Website: https://singularitynet.io
Discord: https://discord.gg/snet
Forum: https://community.singularitynet.io
Telegram: https://t.me/singularitynet
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Facebook: https://facebook.com/singularitynet.io
Instagram: https://instagram.com/singularitynet.io
Github: https://github.com/singnet
Linkedin: https://www.linkedin.com/company/singularitynet

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‘Know Your Customer’, KYC refers to regulatory requirements for banks and other financial institutions to verify their customers.

Why do you need to understand the importance of KYC?
Because it prevents criminal activities such as money laundering and terrorist financing from being involved with legitimate entities. Usually, KYC documents help with this process, and the KYC process steps explained in the video above help to achieve compliance.

Identity verification helps authenticate each on-boarding customer against the customer provided Personally Identifiable Information (PII) and supporting shreds of evidence. KYC reduces the risks of suspicious activities in the financial system. Also, to meet the guidelines of global and local regulatory authorities, the KYC process is mandatory.

What is AML?
‘Anti-money Laundering’, AML refers to legal controls and procedures to combat money laundering and terrorist financing from the financial system. Money launderers try to hide ill-gotten gains and launder it to different corners of the world to clean it. Regulatory authorities are stringent with respect to AML moves in the world.

AML scrutiny is performed by regulatory authorities to evaluate the measures taken by states to combat money laundering. AML screening is done against several sanction lists, criminal databases, watchlists and data sources collected from law enforcement agencies.

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