Lifeboat Foundation

We face complexity, ambiguity, and uncertainty about the future consequences of cryptocurrency use. There are doubts about the positive and negative impacts of the use of cryptocurrencies in the financial systems. In order to address better and deeper the contradictions and the consequences of the use of cryptocurrencies and also informing the key stakeholders about known and unknown emerging issues in new payment systems, we apply two helpful futures studies tools known as the “Future Wheel”, to identify the key factors, and “System Dynamics Conceptual Mapping”, to understand the relationships among such factors. Two key scenarios will be addressed. In on them, systemic feedback loops might be identified such as a) terrorism, the Achilles’ heel of the cryptocurrencies, b) hackers, the barrier against development, and c) information technology security professionals, a gap in the future job market. Also, in the other scenario, systemic feedback loops might be identified such as a) acceleration of technological entrepreneurship enabled by new payment systems, b) decentralization of financial ecosystem with some friction against it, c) blockchain and shift of banking business model, d) easy international payments triggering structural reforms, and e) the decline of the US and the end of dollar dominance in the global economy. In addition to the feedback loops, we can also identify chained links of consequences that impact productivity and economic growth on the one hand, and shift of energy sources and consumption on the other hand.

Watch the full length presentation at Victor V. Motti YouTube Channel

Entanglement is one of the properties specific to quantum particles. When two photons become entangled, for instance, the quantum state of the first will correlate perfectly with the quantum state of the second, even if they are at a distance from one another. But what happens when three pairs of entangled photons are placed in a network? Researchers at the University of Geneva (UNIGE), Switzerland, working in partnership with Tehran’s Institute for Research in Fundamental Sciences (IPM), have proved that this arrangement allows for a new form of quantum correlation in theory. When the scientists forced two photons from separate pairs to become entangled, the connection was also made with their twin photon present elsewhere in the network, forming a highly-correlated triangle. These results, which you can read all about in the journal Physical Review Letters, create the potential for new applications in cryptography while reviving quantum physics at its most fundamental level.

Entanglement involves two quantum particles – photons, for example – forming a single physical system in spite of the distance between them. Every action performed on one of the two photons has an impact on its “twin” photon. This principle of entanglement leads to quantum non-locality: the measurements and statistics of the properties observed on one of the photons are very closely correlated with the measurements made on the other photon. “Quantum non-locality was discovered theoretically by John Stewart Bell in 1964,” begins Nicolas Brunner, associate professor in the Department of Applied Physics in UNIGE’s Faculty of Science. “This showed that photon correlations are exclusively quantum in nature, and so can’t be explained by conventional physics. This principle could be used to generate ultra-secure encryption keys.”

And yet, in the midst of the greatest computer security crisis in history, the US government, along with the governments of the UK and Australia, is attempting to undermine the only method that currently exists for reliably protecting the world’s information: encryption. Should they succeed in their quest to undermine encryption, our public infrastructure and private lives will be rendered permanently unsafe.

The US, UK and Australia are taking on Facebook in a bid to undermine the only method that protects our personal information.

• Edward Snowden is a US surveillance whistleblower.

Continue reading “Without encryption we will lose all privacy. This is our new battleground” »

Physicists and materials scientists have developed a compact optical device containing vertically stacked metasurfaces that can generate microscopic text and full-color holograms for encrypted data storage and color displays. Yueqiang Hu and a research team in Advanced Design and Manufacturing for Vehicle Body in the College of Mechanical and Vehicle Engineering in China implemented a 3D integrated metasurface device to facilitate miniaturization of the optical device. Using metasurfaces with ultrathin and compact characteristics, the research team designed optical elements by engineering the wavefront of light at the subwavelength scale. The metasurfaces possessed great potential to integrate multiple functions into the miniaturized optoelectronic systems. The work is now published on Light: Science & Applications.

Since existing research on multiplexing in the 2-D plane remains to fully incorporate capabilities of metasurfaces for multi-tasking, in the present work, the team demonstrated a 3D integrated metasurface device. For this, they stacked a hologram metasurface on a monolithic Fabry-Pérot (FP) cavity-based color filter microarray to achieve simultaneous cross-talk, polarization-independent and highly efficient full-color holography and microprint functions. The dual function of the device outlined a new scheme for data recording, security, encryption color displays and information processing applications. The work on 3D integration can be extended to establish flat multi-tasking optical systems that include a variety of functional metasurface layers.

Metasurfaces open a new direction in optoelectronics, allowing researchers to design optical elements by shaping the wavefront of electromagnetic waves relative to size, shape and arrangement of structures at the subwavelength. Physicists have engineered a variety of metasurface-based devices including lenses, polarization converters, holograms and orbital angular momentum generators (OAM). They have demonstrated the performance of metasurface-based devices to even surpass conventional refractive elements to construct compact optical devices with multiple functions. Such devices are, however, withheld by shortcomings due to a reduced efficiency of plasmonic nanostructures, polarization requirements, large crosstalk and complexity of the readout for multiwavelength and broadband optical devices. Research teams can therefore stack 3D metasurface-based devices with different functions in the vertical direction to combine the advantages of each device.

A team of Northwestern University researchers is the first to document the role chemistry will play in next generation computing and communication. By applying their expertise to the field of Quantum Information Science (QIS), they discovered how to move quantum information on the nanoscale through quantum teleportation—an emerging topic within the field of QIS. Their findings were published in the journal, Nature Chemistry, on September 23, 2019, and have untold potential to influence future research and application.

Quantum teleportation allows for the transfer of quantum information from one location to another, in addition to a more secure delivery of that information through significantly improved encryption.

The QIS field of research has long been the domain of physicists, and only in the past decade has drawn the attention and involvement of chemists who have applied their expertise to exploit the quantum nature of molecules for QIS applications.

Quantum computers with the ability to perform complex calculations, encrypt data more securely and more quickly predict the spread of viruses, may be within closer reach thanks to a new discovery by Johns Hopkins researchers.

“We’ve found that a certain superconducting material contains special properties that could be the building blocks for technology of the future,” says Yufan Li, a postdoctoral fellow in the Department of Physics & Astronomy at The Johns Hopkins University and the paper’s first author.

The findings will be published October 11 in Science.

Other companies are even closer than Google, and it’s about more than just cracking cryptocurrency. Mike has the details in this breaking report…

SHA-256 is a one way hashing algorithm. Cracking it would have tectonic implications for consumers, business and all aspects of government including the military.

It’s not the purpose of this post to explain encryption, AES or SHA-256, but here is a brief description of SHA-256. Normally, I place reference links in-line or at the end of a post. But let’s get this out of the way up front:

• Sept 11: Original disclosure
• Sept 11: Community skepticism
• Sept 12: Claim retracted: [announcement] [press]

One day after Treadwell Stanton DuPont claimed that a secret project cracked SHA-256 more than one year ago, they back-tracked. Rescinding the original claim, they announced that an equipment flaw caused them to incorrectly conclude that they had algorithmically cracked SHA-256.

“All sectors can still sleep quietly tonight,” said CEO Mike Wallace. “Preliminary results in this cryptanalytic research led us to believe we were successful, but this flaw finally proved otherwise.”

Continue reading “Was SHA-256 cracked? Don’t buy into retraction!” »

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Classical computers struggle to crack modern encryption. But quantum computers using Shor’s Algorithm make short work of RSA cryptography. Find out how.