By Roger Bickerstaff, Tobias Bräutigam, Katharine Stephens, Toby Bond, Jonathan Emmanuel, Martin von Haller Grønbæk, Hans Svensson, Feyo Sickinghe, Julie Bak Larsen, Tomasz Zalewski, Anthony Rosen, Simon Shooter, Piotr Dynowski, Alexander Benalal, Sophie Dawson, Thomas Jones, Francine Cunningham, Pawel Lipski, Daria Gesicka, Lawrence Freeman, Berend Van Der Eijk, Matthew Buckwell, Marjolein Geus, Marianne Minnecré Kracht, Paul Waszink, Kuba Ruiz, Christopher Eklund, David Bintliff, Lena El Malak, Dr. Miriam Ballhausen, Maria Carlsson, Merav Griguer, Stéphane Leriche, Annette Printz Nielsen, Scott McInnes, Gavin Punia, Djazia Tiourtite, Andra Cristina Tihauan, Ted Chwu Artificial Intelligence: Adoption and RegulationArtificial Intelligence: Intellectual PropertyBlockchain and Digital Ledger TechnologyBlockchain and Smart CitiesBody of European Telecoms Regulators Work ProgrammeBrexitCloud: Next technology of cloud recommendations Competition in Digital MarketsCyber SecurityData Driven SocietiesDigital Platforms Inquiry Australian Government RespondsDigital ServicesDigital Single MarketElectric Vehicles European car CO2 emissions performance standardsePrivacy RegulationEuropean Electronic Communications CodeFibre Network RolloutFinTech Digital Transformation5G Auctions5G in the Middle EastFree and Open Source SoftwareLEOs – dream or reality?National Broadband NetworksNew MobilityOnline HarmsOpen DataOpen Tech in the Financial Services SectorOTT RegulationPaymentsPredictive justiceRegulating Online AdvertisingReview of the Broadband Cost Reduction DirectiveArtificial intelligence is fitting almost ubiquitous. This will proceed across 2020 and beyond. The occurrence of AI and the inevitable issues and issues that arise from the higher mainstream use of AI will drive the query of if more regulation of AI is required. For many in the tech group, greater regulation is to be resisted at all costs.
This is understandable as we are already seeing “knee jerk” regulatory responses to irrelevant and probably unwise usage of facial awareness applied sciences. However, the regulation of AI doesn’t need be a basic barrier to AI adoption. What is needed is the appropriate law of the know-how, which creates realistic checks and balances to the adoption of AI. To a undeniable extent the UK is at the vanguard of discussion during this area – let’s contribute and engage in the talk to strengthen a legal framework for AI that is fit for goal. There has been a substantial amount of buzz surrounding blockchains in the nine years since Laszlo Hanyecz performed the 1st documented physical Bitcoin transaction. However, as of 2019, blockchain technologies have slid into the “Trough of Disillusionment” in Gartner’s Hype Cycle.
This drop in enthusiasm is not fabulous: the technologies were never going to live up to the media hype. However, as we glance against 2020, it isn’t all doom and gloom. Following the final touch of RandD programmes and pilots some unsuccessful companies have begun to understand the exact benefits of certain blockchain structures and the use cases they’re able to be accurately deployed against. For businesses, the future of blockchain seems to be deepest or permission blockchain networks focused on practical use cases around better data transparency, exchange and identity administration. This comprises using blockchains for monitoring and tracing goods, for identification management e.
g. better changing of KYC/AML documentation and to unravel document heavy transactions regarding disparate events sharing information in alternative ways e. g. trade finance. Watch out 2020!More new use cases for Digital Ledger Technology DLT are emerging.
Blockchain is about decentralised decision making and disbursed data. As just about all enterprise of govt use cases for blockchain ought to make compromise on the “non management” part of the “trustless tech” a part of Blockchain to regain some “conventional” centralised governance, the dispensed data are becoming the conditio sine qua non. Large networks with a variety of actors do not trust any party to carry the information base. DLT adds trust in that no one will monopolise the knowledge let’s call it VOD verified open data. Obvious DLT industrial cases are in the brand new economies and marketplaces of IoT and 5G. In the context of “smart societies” or “smart cities”, there’s a case for DLT over e.
g. Blockchain, driven not just by issues over privacy or loss of centralised governance actually there’s a case for need of centralised governance if using blockchain in an open, web based smart city, but in addition by the undeniable fact that a “conventional” one ledger open and public blockchain is commonly not suitable for open networks, or any form of network that calls for cooperation between entities from different domain names, or aim to be globally scalable. Technologies addressing one of the crucial inherent shortcomings or barriers of blockchain technology in the “smart city” context expiry date, obstacles on scalability, ever increasing hardware requirements, blockchains being unfit as a cooperative data layer in a heterogeneous environment, dependency on large data centres comparable to cloud suppliers for durability, energy consumption, governance to guarantee homogenous infrastructure, privacy, etc are rising and became a hot topic with know-how suppliers, innovators and investors. However, this also creates an apparent quandary how to make a blockchain “governable” with out compromising the decentralisation and no management properties that are, and will, always be core to blockchain and DLT, if here’s to have any meaning vis a vis traditional databases. We are beginning to see signs of the expertise that could square this circle, and we think this chance and catch 22 situation to be a key area for technical, in addition to legal innovation, in the coming years.
After the Conservative party achievement at the UK General Election on 12 December, the very strong chance is that during formal terms the UK will leave the EU on 31 January 2020. Due to the Transition Period blanketed as part of the Brexit Withdrawal Agreement among the UK and the EU, not anything will change in practice until the end of Transition Period presently scheduled to end in 31 December 2020. All of the latest rules will stay in place during this period, corresponding to free movement of goods, facilities and folks, the present customs union arrangements and the current rules relating to data transfers and IP rights. The Johnson govt has committed to put in place a free trade deal that will come into force at the end of the Transition Period. Almost all commentators regard this timetable as being unachievable for the rest however the most simple form of free trade contract. The UK has a chance to extend the Transition Period for one or two years however the request for the extension must be made in advance of 30 June 2020.
It remains to be seen even if there’s political pressure in the UK government to request such an extension. If a free trade contract is not in place at the end of the Transition Period the UK would move to WTO terms for the behavior of its international trade. These may contain the fee of substantial duties and tariffs on import and export trade in true circumstances. Simon Shooter, LondonThe significance of cybersecurity cannot be hyped up. The notion of “cyberwars” or “cyberterrorism” has become a reality and now not only belongs to the realm of sci fi. In the era of attached gadgets, where our lives rely on technologies greater than ever before, maintaining networks, facilities and their users safe from cyber threats is a real challenge and can’t be ignored.
As a results of increasing regulation in this area, higher global cybersecurity risk can be among the many top priorities of each agency, not only those certain as operators of a must have services or providing virtual facilities. Each year we see that know-how is fitting more and more regulated. Following on from data coverage and cybersecurity, and on the eve of the introduction of the Digital Services Directive, key areas, similar to blockchain, self reliant vehicles and AI, are the next topics regulators will center around. It might be more and more difficult for organisations to meet the becoming variety of compliance requirements while at an identical time maintain flexibility and be in a position to offer innovative products and services. Also, competition law will play an more and more vital role in the Tech sector as regulatory compliance can be utilized as a valuable tool for enterprises to build their competitive capabilities. The new European vehicle CO2 emissions performance standards will provide opportunities for electric car manufacturers to go into into pooling preparations with other vehicle brands and be capable of sell CO2 emissions credit to the pool.
For example, Fiat Chrysler Automobiles “FCA” has currently agreed to pay Tesla hundreds of tens of millions of Euros in order that Tesla’s vans are counted in FCA’s fleet as part of a pooling arrangement. This will enable FCA to avoid paying large penalties to the European Commission under the brand new EU car CO2 emissions rules. Read more here. The common plan provided in 2017 was to have the ePrivacy Directive replaced by a newly drafted ePrivacy regulation that can “improve trust and safeguard in the virtual single market”. However, the concept did not obtain the necessary assist and was not pursued.
As a result the new rules of the GDPR in mixture with the lack of up-to-date ePrivacy rules has given supervisory experts the chance to promote their own interpretation on high profile topics reminiscent of cookies and spam. In December 2019 the newly appointed Commissioner Breton has introduced that the European Commission plans to current a transformed edition of the ePrivacy Regulation under the Croatian Presidency i. e. in the first half of 2020. These dynamic supervisory, regulatory and legislative developments make this a top priority for any telecommunication and IT/internet companies.
With progress on the brand new ePrivacy Regulation stalled, the point of interest can be on the new draft it truly is expected to be prepared by the EU Commission and even if this might be a marked departure from the customary 2017 notion so one can get in the course of the deadlock in the Council. In the absence of new law, the spotlight will remain on compliance with the present ePrivacy Directive and the impact that the GDPR’s ever evolving advice has on the existing regime. OTT communications suppliers also will find themselves covered by the Directive from the end of 2020 as they become regulated by the EECC. The economic sector is at the vanguard of change driven by new applied sciences. Continuing regulatory adjustments PSD2, AML, EBA Guidelines, NISD, and GDPR are creating alternatives for new gamers FinTechs and forcing traditional players banks, coverage companies to use new answers and put money into new applied sciences ie.
, AI, blockchain, cloud, etc. . The Polish financial sector, despite strict regulatory supervision by the KNF and a few local golden plate requirements, is no different – we expect many new technology driven tasks both advertisement implementations and RandD initiatives to be deployed in 2020.