Article: Blockchain And Sustainability: Oxymoron Or Panacea?

Blockchain, Innovation, Media

Blockchain And Sustainability: Oxymoron Or Panacea?

The power of decentralised networks also lies in their transparency. On a blockchain, every transaction is verified by multiple parties and no one is able to edit the data without alerting the entire network. Unlike the algorithms of big tech – which are kept secret and constantly changing – blockchain contracts are public, as are the laws around who can change them and how. The result is a tamper-proof, transparent system which famously earned blockchain its reputation as “the trust machine”.

Thanks to these characteristics, applications built on blockchains have the potential to incentivise positive social and environmental impact – from changing wealth distribution to aligning finance with protection of nature.

Read full article

Article: India can’t ignore the promise of big blockchain innovations

Blockchain, Governance, Money

India can’t ignore the promise of big blockchain innovations

Mobile banking has indeed emerged as a way to end financial exclusion, a chronic problem in all emerging markets. In India, payments worth almost $60 billion are now taking place every month via wireless devices, three-fifths more than ATM withdrawals. A year ago, cash was ahead by 37%. At this rate of digital adoption, the lead of cheques might also soon vanish.

Srinivasan’s advocacy has thus come at a crucial time. A digital wallet that can handle both central bank-issued electronic cash and cryptocurrencies will end up “giving every Indian the ability to make both domestic and international transactions of arbitrary complexity, attracting crypto capital from around the world, and leapfrogging the 20th century financial system entirely,” he says in his blog post.

Read full article

Article: What is bitcoin? Why the digital currency became popular

Crypto

What is bitcoin? Why the digital currency became popularWhat is bitcoin? Why the digital currency became popular

BITCOIN ($ BTC) had its origin as open source software (Open Source), presented by “Satoshi Nakamoto”, alias of a programmer or group of programmers whose motivation for its development was the economic crisis of 2008 – 2009, specifically the decision to print money for the rescue of banks after the credit and stock market crisis of the real estate bubble.

Bitcoin is known as the first cryptocurrency of the more than 2,000 that exist today, independent of any government authority (decentralization), its production is completely digital, subject to an issuance limited to 21 million Bitcoins .

Read full article

Article: Software package enables deeper understanding of cancer immune responses

Open Source, Software

Software package enables deeper understanding of cancer immune responses

“DeepTCR is an open-source software that can be used to answer questions in research into infectious disease, cancer immunology and autoimmune disease; any place where the immune system has a role through its T-cell receptors,” said lead study author John-William Sidhom, an M.D./Ph.D. student at the Johns Hopkins University School of Medicine and Department of Biomedical Engineering working in the Bloomberg~Kimmel Institute for Cancer Immunotherapy.

Read full article

Article: Why we cannot give the government a whiff of power over the internet

Access, Cyber-Security

Why we cannot give the government a whiff of power over the internet

In the present context it is clear there must be a separation of the government and cyberspace. We have already seen what can happen when the government is granted general power over the internet. We have already made the mistake. But given the relative youth of the internet, there is still time for us to undo this error — it is not yet entrenched.

As the internet becomes an ever-greater part of everyone’s daily lives, it is crucial that we secure internet freedom for centuries to come. That means less government involvement in general, and no “free data” in particular.

Read full article

Article: ‘Crypto is going to be the most significant macro event of my career,’ says longtime investment analyst Jim Bianco

Crypto, Money

‘Crypto is going to be the most significant macro event of my career,’ says longtime investment analyst Jim Bianco

They developed the modern version of paper currencies. I think that crypto is going to be the most significant macro event of my career of the last 30 years, and it probably goes back even further. A lot of people think cryptos are a naked speculation on bitcoin BTCUSD, 0.62%, whether it will go up or down.

If you dig into the crypto universe, and you understand the phrase “decentralized finance,” or “defi,” you will find that they are recreating the entire financial system in a decentralized way, complete with borrowing, lending, derivatives trading, insurance, lotteries, automatic market making as well, too.

Read full article

Article: DeFi apps offering insurance for cryptos

Crypto, Decentralized Internet

Typically, the DeFi insurance apps are highly automated: All transactions happen via self-executing software programs known as smart contracts. (REUTERS)DeFi apps offering insurance for cryptos

Adventurers in what is perhaps the most lucrative and risky corner of the cryptocurrency world are starting to see a bit of a safety net.

In the past year, scores of investors big and small have poured billions into decentralized-finance applications that allow users to lend, borrow and trade crypto without intermediaries like banks. While the DeFi sector is booming, it has also been plagued by hacks, fraud and a copy-and-paste coding culture where a modified app can siphon away users from an established rival.

Read full article

Article: Banning Bitcoin is like rejecting the US dollar, entrepreneur warns India

Crypto, Governance

Banning Bitcoin is like rejecting the US dollar, entrepreneur warns India Banning Bitcoin is like rejecting the US dollar, entrepreneur warns India

An Indian cryptocurrency ban would have grave implications for the future of the country’s economy, and would result in currency devaluation “of the worst form,” says blockchain entrepreneur and HashCash CEO Raj Chowdry.

Chowdry, also the managing director of the United States-based PayBito cryptocurrency exchange, said India’s rejection of Bitcoin (BTC) and other cryptocurrencies would be the equivalent of rejecting the U.S. dollar. Without regulating and eventually adopting cryptocurrency as a reserve currency, Chowdry believes India’s economy would suffer in the long term.

Read full article

Penguin: Open Source and Big Data

Autonomous Internet, Data, Software

Weighing Open Source’s Worth for the Future of Big Data

“If you’re trying to overcome a technology like relational databases, which have been developed over decades and had gestation from every major university in the world that does computer science research, it takes a long time to climb that hill,” Kreps says. “What’s very different for us is there hasn’t really been this incredibly well-developed infrastructure layer in the space we’re entering. We get to kind of make it up as we go along, which is a huge advantage. “

This perhaps is the reason why — despite the availability of MySQL, MariaDB, and PostgreSQL RDBMs, the advent of modern NoSQL and NewSQL solutions, and scalable Hadoop and object-storage alternatives — proprietary RDBMs continue to drive the lion’s share of enterprise spending in the data management space.

 

Read full article.

Phi Beta Iota: The time has come for a clean-sheet fresh start.  The Internet was designed for machine to machine communication, it was never designed for humans or content. We process less than 1% of the Big Data we have in hand and that in  turn is less than 1% of what is known. A post-Amazon post-Google Internet will be distributed and encrypted, including the 50% of humanity not on the Internet today, and enable paragraph level linking and weighting.