A number of leading financial institutions have expressed fears that cryptocurrencies such as bitcoin could play a potentially disruptive role in the world's financial sector.

The deployment of 'smart lampposts' could potentially save Europe €2.1bn every year according to analysis which was conducted by Sharing Cities, a Europe-wide Smart Cities organization. The comprehensive report highlights that currently Europe spends around $3bn on street lighting on an annual basis.

A leading German manufacturing company has publicly announced it will join a self-driving platform which has been developed by BMW, Intel and Mobileye. Continental AG, commonly known as Continental is the world's second-biggest supplier to carmakers by sales.

New research compiled has projected that AI will replace between 40-50 million full-time jobs in the country over the next fifteen years. The report stated that it was imperative the China's labor market be prepared to adapt to the challenges brought on by the rapid development of AI and automation.

A Scottish property technology startup is set to deploy non-intrusive 'smart sensors' in an effort to help the NHS build efficiency within its system. The new sensing technology developed by Scottish startup Beringar is set to drastically overhaul how the UK's National Health Service manages its physical assets in a much more effective manner.