Cryptography experts from Stanford University are brewing up Espresso, a new Layer-1 system that aims to crack the so-called ‘blockchain trilemma’ of balancing decentralization, security and scalability. Described as a privacy-focused blockchain geared to those who find the public-facing aspect of most platforms unsuitable for their sensitive data, Espresso Systems is building “solutions that will unlock new possibilities for Web3 applications and usher in the next generation of users.” The company stepped out of the lab this week to introduce itself with $32 million in funding, led by Electric Capital and Greylock Partners. Continue reading Espresso Raises $32M in Its Bid to Advance Blockchain Tech

Football coaches are already using artificial intelligence to help them on the sidelines. Students at North Carolina State University built an AI that could predict whether an NFL team would pass or run the ball. The AI called the plays correctly 91.6 percent of the time during an NFL game. The technology may not yet be ready for a real-time game situation, but with more data and research into machine learning and game theory, AI could become a big league contender. Continue reading Data Analytics: AI Could Assist Coaches in Professional Sports