Tasked Claude to research the #Railgun SDK and docs, because I wanted to build a small app. Literally told me the SDK and docs are shit 🙃
Makes me wonder if you should trust them with #privacy
# European AI and Blockchain Weekly Update
## European AI News
### Rise of the Chief AI Officer
A new report is highlighting a significant shift in corporate leadership structures across Europe. According to research conducted by Robert Half and Rigour Research, a majority of C-suite leaders in the UK and EU believe the role of a Chief AI Officer will become increasingly important over the next decade.
This growing recognition reflects the complex challenges that artificial intelligence presents to modern businesses. Companies are realizing they need dedicated leadership to effectively navigate both the risks and opportunities that AI technologies bring to their operations, strategy, and competitive positioning.
### EU AI Act in Action
The European Union's landmark AI Act continues to shape the regulatory landscape for artificial intelligence across the continent. The European Commission is actively seeking experts to join a new Scientific Panel that will advise the AI Office and conduct assessments of leading AI models.
A critical milestone approaches as the obligations for providers of General Purpose AI (GPAI) models are set to take effect on August 2, 2025. To help organizations prepare for compliance, the Commission recently published draft guidelines designed to clarify key provisions specifically for GPAI providers. This regulatory framework represents one of the world's most comprehensive attempts to govern AI development and deployment.
## European Blockchain and Zero-Knowledge News
### Bybit's MiCA-Compliant Offering
Cryptocurrency exchange Bybit has made a significant strategic move in the European market by launching a spot margin trading service with leverage up to 10x. What makes this development particularly noteworthy is that the service has been specifically designed to comply with the new Markets in Crypto-Assets (MiCA) regulation.
This launch demonstrates how major cryptocurrency platforms are adapting their offerings to work within Europe's newly established regulatory framework, while still providing advanced trading strategies for their users. The move positions Bybit as a leader in regulated crypto services within the European market.
### Zero-Knowledge Proofs for Age Verification
In the United Kingdom, which is preparing to implement mandatory online age verification requirements, blockchain company Concordium has launched an innovative mobile application that leverages zero-knowledge proofs (ZKPs) for anonymous age verification.
The technology represents a potential breakthrough in privacy-preserving verification systems. Users can confirm their age without revealing any additional personal data, directly addressing privacy concerns that have surrounded the upcoming age verification legislation. This approach could serve as a model for other jurisdictions grappling with similar regulatory challenges.
### Debate on ZKP Practicality
However, the practical implementation of zero-knowledge proofs for age verification is facing scrutiny from the security research community. A recent paper by respected security researcher Steve Bellovin argues that "privacy-preserving" age verification may not be as practical in reality as proponents suggest.
Bellovin outlines several challenges he considers "insurmountable obstacles" to true privacy preservation in age verification systems. His concerns include the fundamental issue that identity providers remain single points of data collection, and that regulated systems would likely require these providers to retain verification data even if it's not directly shared with other parties.
This ongoing debate highlights the complex tension between privacy protection and regulatory compliance in digital verification systems, a discussion that will likely intensify as more jurisdictions implement age verification requirements.
#ai #blockchain
