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Produced by Daniel Aharonoff & Mogul Media AI

Addressing AI's Impact: Governance and Ethics Ahead

The Urgent Call for Responsible AI Governance As the landscape of artificial intelligence continues to evolve at an unprecedented pace, the recent remarks made by President Joe Biden during his State of the Union address resonate with a growing urgency. The implications of AI technology are reaching into every facet of our lives, and the necessity for a robust framework to govern its development and application has never been more critical. For those interested in understanding the principles behind AI governance, consider exploring Artificial Intelligence: A Modern Approach, Global Edition . A Strident Call to Action In his address, President Biden underscored the duality of AI's promise and peril, stating: Strengthening penalties on fentanyl trafficking Passing bipartisan privacy legislation to safeguard children online Harnessing the potential of AI while mitigating its risks Banning AI voice impersonation These priorities reflect a comprehensive approach to not o...
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Produced by Daniel Aharonoff & Mogul Media AI

Unveiling Polymer: The Future of Blockchain Interoperability

Polymer, the latest addition to the Ethereum layer 2 solutions landscape, has recently secured a significant $23 million Series A funding round with investments from notable VCs in the crypto space like Coinbase, Placeholder, and Digital Currency Group. The company's vision is to position itself as the premier chain that facilitates interoperability within the Ethereum ecosystem and its various rollups. By leveraging the Cosmos IBC protocol, Polymer aims to become a central hub for Ethereum and other Ethereum-based networks, such as Arbitrum and Optimism, streamlining the interaction of financial data, assets, and applications across the ecosystem.

Key Points about Polymer:

  • Eponymous Network: Polymer plans to develop its network to serve as the first Ethereum Layer 2 solution that offers interoperability as a service to Ethereum and its associated rollups.
  • Hub for Ethereum Ecosystem: Polymer aspires to be the go-to network for defragmenting the expansive Ethereum ecosystem, facilitating seamless communication between different Ethereum-based networks.
  • Cosmos IBC Protocol: By utilizing the Cosmos IBC protocol, Polymer aims to establish a neutral standard for cross-chain application development, enabling developers to deploy applications across multiple chains without the usual complexities and trust assumptions.
  • Empowering Developers: Polymer's objective is to empower developers by providing a standard that facilitates communication between applications on different chains, ultimately enhancing interoperability within the blockchain space.

With the goal of establishing IBC as the standard for interoperability in Web3, Polymer's approach echoes the efforts of organizations that contributed to establishing TCP/IP as the internet's standard protocol. By offering a neutral standard for cross-chain communication, Polymer aims to simplify the process of deploying applications across multiple chains, ultimately enhancing the overall interoperability within the blockchain ecosystem.

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