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FTC’s Fintech Forum to focus on AI and blockchain

The Federal Trade Commission (FTC), an independent agency of the United States government, announced that it will be hosting Fintech Forum on March 9, 2017, in California that will focus on the consumer implications of two nascent technologies – blockchain and artificial intelligence (AI).

The Fintech Forum is the third in an ongoing event series of FTC to protect consumers taking advantage of new and emerging financial technology. The event will bring together industry representatives, consumer advocates, government officials, and others with expertise in these technologies.

The half-day forum will feature two panel discussions on AI and blockchain technology. The blockchain panel will examine and explore the potential applications of blockchain technology as well as its consumer implications.

The artificial intelligence panel will focus on the potential benefits and risks for consumers with the use of AI in consumer products or services in fields including personalized financial services.

The event is open to public and does not involve any pre-registration. The forum will be held at the University of California, Berkeley and there will also be a live webcast on FTC’s website. FTC said that it will soon be revealing the details of the speakers involved in the forum.

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