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Archive for the ‘finance’ category: Page 118

Oct 18, 2016

Quantum Teleportation Could Revolutionize Modern Phone And Internet Communication

Posted by in categories: encryption, finance, internet, mobile phones, quantum physics, space, transportation

I never get tired of articles highlighting the potential around leveraging Quantum teleporting as a method to replace networks and communications. Now the real question is how soon and how much of the existing infrastructure will need to be replaced to begin taking advantage of this technology earlier than others? As with most things, governments are often early adopters as well as Financial Services and ISPs are a close 2nd in the adoption of such technologies.


An experiment conducted about quantum teleportation could improve and transform the modern phone and Internet communication by having highly secure and encrypted messaging.

A recent study has suggested that comet outbursts are caused by avalanches and not geysers.

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Oct 15, 2016

California Space Center announces blockchain system for space economy

Posted by in categories: bitcoin, economics, Elon Musk, finance, space

California Space Center announces blockchain system for space economy

California Space Center (CSC) founder Eva Blaisdell announced in a press release sent to CoinReport the launch of “Copernic,” a blockchain-based, finance-focused rights management system developed for the space industry.

Named after legendary Polish astronomer Copernicus, Copernic will provide the infrastructure for the future space economy and ecosystem to be built upon, said CSC.

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Oct 13, 2016

Dutch Bank Replaces Tellers with Technology

Posted by in categories: finance, robotics/AI

One of Europe’s largest banks will replace over 10 percent of its workforce with machines by 2021. It’s cost saving, but at what cost?

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Oct 9, 2016

Germany calls for a ban on combustion engine cars by 2030

Posted by in categories: energy, finance, policy, transportation

Germany isn’t content with relying on financial incentives to usher in an era of pollution-free cars. The country’s Bundesrat (federal council) has passed a resolution calling for a ban on new internal combustion engine cars by 2030. From then on, you’d have to buy a zero-emissions vehicle, whether it’s electric or running on a hydrogen fuel cell. This isn’t legally binding, but the Bundesrat is asking the European Commission to implement the ban across the European Union… and when German regulations tend to shape EU policy, there’s a chance that might happen.

The council also wants the European Commission to review its taxation policies and their effect on the “stimulation of emission-free mobility.” Just what that means isn’t clear. It could involve stronger tax incentives for buying zero-emissions cars, but it could also involve eliminating tax breaks for diesel cars in EU states. Automakers are already worried that tougher emission standards could kill diesels — remove the low cost of ownership and it’d only hasten their demise.

Not that the public would necessarily be worried. Forbes notes that registrations of diesels, still mainstays of the European car market, dropped sharply in numerous EU countries in August. There’s a real possibility that Volkswagen’s emission cheating scandal is having a delayed effect on diesel sales. Combine that with larger zero-emissions incentives and the proposed combustion engine ban, and it might not take much for Europeans to go with electric or hydrogen the next time they go car shopping.

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Oct 5, 2016

With New Program, DARPA To Encourage Safety “Brakes” For Gene Editing

Posted by in categories: bioengineering, biotech/medical, finance, genetics, health, military

Xconomy National —

Drugs that use molecular scissors to snip out or replace defective genes. Altered mosquitoes meant to sabotage entire disease-carrying populations. Both are potential uses of genome editing, which thanks to the CRISPR-Cas9 system has spread throughout the world’s biology labs and is now on the doorstep of the outside world. But with its first applications could also come unintended consequences for human health and the environment. The U.S. Defense Advanced Research Projects Agency—a famed military R&D group—wants to finance safety measures for the new gene-editing age.

The idea for the funding program, called Safe Genes, is to get out ahead of problems that could bring the field to a screeching halt. “We should couple innovation with biosecurity,” DARPA program manager Renee Wegrzyn, said Tuesday at the SynBioBeta conference in South San Francisco. “We need new safety measures that don’t slow us down. You have brakes in your car so that you can go fast but can stop when you need to.”

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Oct 5, 2016

Samsung Electronics to acquire artificial intelligence firm Viv, run

Posted by in categories: finance, mobile phones, robotics/AI, wearables

SEOUL Tech giant Samsung Electronics Co Ltd said on Thursday it is acquiring U.S. artificial intelligence (AI) platform developer Viv Labs Inc, a firm run by a co-creator of Apple Inc’s Siri voice assistant program.

Samsung said in a statement it plans to integrate the San Jose-based company’s AI platform, called Viv, into the Galaxy smartphones and expand voice-assistant services to home appliances and wearable technology devices.

Financial terms were not disclosed.

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Oct 4, 2016

Canada’s Carbon Tax Needs To Spread South of the Border — By Jamie Condliffe | MIT Technology Review

Posted by in categories: economics, energy, environmental, finance, governance, government

trudeau

“Nobody likes taxes. So it’s a brave move by Justin Trudeau, Canada’s prime minister, to announce that the entire country must pay if it continues to burn fossil fuels.”

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Sep 29, 2016

Will quantum teleportation defeat quantum decryption?

Posted by in categories: computing, encryption, finance, quantum physics, security

Nice article; however, not sure if the author is aware Los Alamos already has a quantum net as well as some Europe banks have the capabilities and 4 months ago it was announced that a joint effort by various countries from Europe, Asia, etc. have come together to re-engineer the Net infrastructure with QC technology…


Maybe the quantum will giveth what the quantum taketh away… at least when it comes to secure transmissions.

There’s been much speculation that emerging quantum computers will become capable of breaking advanced public key cryptography systems, such as 2048-bit RSA. This might leave encrypted data transmissions exposed to anyone who happens to own such a quantum computer.

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Sep 28, 2016

Facebook, Amazon, Google, IBM and Microsoft come together to create historic Partnership on AI

Posted by in categories: finance, governance, robotics/AI

The world’s largest technology companies hold the keys to some of the largest databases on our planet. Much like goods and coins before it, data is becoming an important currency for the modern world. The data’s value is rooted in its applications to artificial intelligence. Whichever company owns the data, effectively owns AI. Right now that means companies like Facebook, Amazon, Alphabet, IBM and Microsoft have a ton of power.

In an act of self-governance, these five companies came together today to announce the launch the new Partnership on AI. The group is tasked with conducting research and promoting best practices. Practically, this means that the group of tech companies will come together frequently to discuss advancements in artificial intelligence. The group also opens up a formal structure for communication across company lines. It’s important to remember that on a day-to-day basis, these teams are in constant competition with each other to develop the best products and services powered by machine intelligence.

Financial support will be coming from the initial tech companies that are members of the group, but in the future, membership and involvement is expected to increase. User activists, nonprofits, ethicists and other stakeholders will be joining the discussion in the coming weeks.

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Sep 26, 2016

China probes North Korea bank suspected of nuclear link — South Korea paper

Posted by in categories: finance, law enforcement

SEOUL: China is investigating executives of a North Korean bank believed to finance the illicit procurement of arms and materials related to the isolated country’s banned nuclear programme, South Korea’s JoongAng Daily reported on Monday.

China and the United States have agreed to step up cooperation in the U.N. Security Council and in law enforcement channels after North Korea’s fifth nuclear test on Sept. 9, the White House said last week.

While China is North Korea’s sole major ally, it disapproves of its nuclear and missile programmes.

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