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Archive for the ‘economics’ category: Page 193

May 22, 2016

Ransomware: the digital plague infecting the world

Posted by in categories: bitcoin, cybercrime/malcode, economics, encryption

“The individuals who do these types of attacks are well aware of the pressure points and pain points, economic-wise,” says Dr. John Hale, a cybersecurity expert at the University of Tulsa. “They know what they can extract, how much they can extract.

“They prey upon two things: an organization’s reliance on information systems and two, the common situation, where an organization is a little bit behind on backup procedures and policies to prevent these types of things. It really is easy pickings for the bad guys.”

Crypto ransomware is designed to encrypt data stored on the computer, making the data useless unless the user obtains the key to decrypt it. A message details the ransom, which is typically paid in digital currencies such as bitcoin. Locker ransomware locks the computer or device’s interface — save for the ability to interact with the hacker — and demands money to restore it.

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May 22, 2016

Urban Produce: The Future of Farming is Growing UP!

Posted by in categories: economics, food, sustainability

https://www.youtube.com/watch?v=u8QMOYnWBq0

Urban Produce High Density Vertical Growing System is a patented technology that was developed taking advanced hydroponic technology and automating it. Urban Produce has the capacity to grow 16 acres of produce on 1/8 of an acre with just one of it’s High Density Vertical Growing Systems. Our mission is to build our patented systems across the U.S. to provide both locally grown sustainable produce to Urban Cities while also stimulating the local economies. We are 21st century growing! www.urbanproduce.com

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May 18, 2016

How Blockchain Will End World Poverty

Posted by in categories: bitcoin, cryptocurrencies, economics, encryption, geopolitics, law, transparency

Steve Forbes sits across Brian Singer, a partner at William Blair, as Blair explains the potential of blockhain encryption to empower individuals. He also explains why credit card companies are beginning to embrace a technology that undermines their high fees.

https://youtu.be/CecpCepnkAU

Singer-Forbes

May 18, 2016

QC will change many industries and even some fortunes as well

Posted by in categories: computing, economics, employment, quantum physics

QC will change many industries and even some fortunes as well. So, no wonders Canada & Australia both deem it as a priority.


Mike Lazaridis, founder of Blackberry Limited and the visionary who led the establishment of the Perimeter Institute for Theoretical Physics (PI), the Institute for Quantum Computing (IQC) at the University of Waterloo and Quantum Valley Investments, delivered a keynote address highlighting the Quantum Valley model in Waterloo Region, Ontario, Canada and the emphasis both federal and provincial governments have placed on the development of quantum technologies.

The Quantum Europe conference comes at a time when large scale investments from tech companies and governments around the world, including in Canada, are being made as part of the “Second Quantum Revolution” – a new global industry fueled by the commercialization of new transformative quantum technologies.

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May 17, 2016

Roundup: Europe embarks on ambitious common plan to boost quantum technologies

Posted by in categories: economics, quantum physics

EU betting big on Quantum Technology.


The European Union (EU) aims to embark on an ambitious common strategy on quantum technologies, European Commissioner for digital economy and society Gunther Oettinger said here Tuesday.

At a conference which brought together some of the world’s leading experts in the field of quantum technology, European scientists and entrepreneurs launched a “Quantum Manifesto” laying out future priorities and activities to create a new “knowledge-based industrial ecosystem” in Europe.

“We aim to launch an ambitious large-scale flagship initiative to unlock the full potential of quantum technologies, accelerate their development, and bring commercial products to public and private users,” Oettinger told the conference.

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May 13, 2016

Germany Produced So Much Green Energy That Customers Actually Made Money

Posted by in categories: economics, energy, sustainability

Germany made so much renewable energy last weekend that customers actually made money.

Well you don’t see this every day…

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May 12, 2016

Recommendation Engines Yielding Stronger Predictions into Our Wants and Needs

Posted by in categories: computing, disruptive technology, economics, information science, innovation, internet, machine learning, software

If you’ve ever seen a “recommended item” on eBay or Amazon that was just what you were looking for (or maybe didn’t know you were looking for), it’s likely the suggestion was powered by a recommendation engine. In a recent interview, Co-founder of machine learning startup Delvv, Inc., Raefer Gabriel, said these applications for recommendation engines and collaborative filtering algorithms are just the beginning of a powerful and broad-reaching technology.

Raefer Gabriel, Delvv, Inc.

Raefer Gabriel, Delvv, Inc.

Gabriel noted that content discovery on services like Netflix, Pandora, and Spotify are most familiar to people because of the way they seem to “speak” to one’s preferences in movies, games, and music. Their relatively narrow focus of entertainment is a common thread that has made them successful as constrained domains. The challenge lies in developing recommendation engines for unbounded domains, like the internet, where there is more or less unlimited information.

“Some of the more unbounded domains, like web content, have struggled a little bit more to make good use of the technology that’s out there. Because there is so much unbounded information, it is hard to represent well, and to match well with other kinds of things people are considering,” Gabriel said. “Most of the collaborative filtering algorithms are built around some kind of matrix factorization technique and they definitely tend to work better if you bound the domain.”

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May 10, 2016

CoinFac Brings Quantum Computing Technology To Cryptocurrency Mining

Posted by in categories: bitcoin, cryptocurrencies, economics, information science, quantum physics, supercomputing

QC meets Blockchaining; nice.


CoinFac Limited, a technology company, has recently introduced the next generation quantum computing technology into cryptocurrency mining, allowing current Bitcoin and Altcoin miners to enjoy a 4,000 times speed increase.

Quantum computing is being perceived as the next generation of supercomputers capable of processing dense digital information and generating multi-sequential algorithmic solutions 100,000 times faster than conventional computers. With each quantum computing server costing at an exorbitant price tag of $5 Million — $10 Million, this revolutionary concoction comprising advanced technological servers with a new wave of currency systems, brings about the most uprising event in the cryptocurrency ecosystem.

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May 9, 2016

DOE opens funding opportunity for biofuels, bioproducts, biopower

Posted by in categories: climatology, economics, food, security, sustainability

Recognizing the importance of biofuels to energy and climate security, the U.S. Department of Energy has announced up to $90 million in project funding focused on designing, constructing and operating integrated biorefinery facilities. The production of biofuels from sustainable, non-food, domestic biomass resources is an important strategy to meet the Administration’s goals to reduce carbon emissions and our dependence on imported oil.

Project Development for Pilot and Demonstration Scale Manufacturing of Biofuels, Bioproducts, and Biopower is a funding opportunity meant to assist in the construction of bioenergy infrastructure to integrate cutting-edge pretreatment, process, and convergence technologies. Biorefineries are modeled after petroleum refineries, but use domestic biomass sources instead of crude oil, or other fossil fuels to produce biofuels, bioproducts, and biopower. They convert biomass feedstocks—the plant and algal materials used to derive fuels like ethanol, butanol, biodiesel and other hydrocarbon fuels—to another form of fuel or energy product. This funding will support efforts to improve and demonstrate processes that break down complex biomass feedstocks and convert them to gasoline, diesel and jet fuel, as well as plastics and chemicals.

“The domestic bio-industry could play an important part in the growing clean energy economy and in reducing American dependence on imported oil,” said Lynn Orr, DOE’s under secretary for science and energy. “This funding opportunity will support companies that are working to advance current technologies and help them overcome existing challenges in bioenergy so the industry can meet its full potential.”

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May 7, 2016

Can Bitcoin be defeated by legislation?

Posted by in categories: bitcoin, business, cryptocurrencies, economics, encryption, geopolitics, government, internet, policy

The question breaks down into two parts:

  1. For what public benefit? —and—
  2. No, it cannot be achieved in this way

Governments are in the business of regulating certain activities—hopefully in an effort to serve the public good. In the case of business methods and activities, their goal is to maintain an orderly marketplace; one that is fair, safe and conducive to economic growth.

But regulation that lacks a clear purpose or a reasonable detection and enforcement mechanism is folly. Such regulation risks making government seem arbitrary, punitive or ineffective.

QR Code_CRYPSA-001«— This is money. It is not a promissory note, a metaphor, an analogy or an abstract representation of money in some account. It is the money itself. Unlike your national currency, it does not require an underlying asset or redemption guarantee.

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