Tag: tech

Bank Of England Governor Might Open Opportunity For Ripple Tech, Says That Payments Across Borders Should Be Indistinguishable From Those Across The Street

The Governor of the Bank of England, Mark Carney, has vowed to transform the central bank in preparation for the upcoming “fourth industrial revolution.”

Speaking at the Innovate Finance Global Summit, Carney said that he would focus on encouraging innovation among fintech startup, and making climate change and Artificial Intelligence (AI) priorities.

Carney stressed on the emerging digital economy, which many developing nations are preparing for by embracing blockchain technology and decentralized systems.

The Governor of the Bank of England, Mark Carney, has vowed to transform the central bank in preparation for the upcoming “fourth industrial revolution.”

Speaking at the Innovate Finance Global Summit, Carney said that he would focus on encouraging innovation among fintech startup, and making climate change and Artificial Intelligence (AI) priorities.

Carney stressed on the emerging digital economy, which many developing nations are preparing for by embracing blockchain technology and decentralized systems.

The second great wave of globalisation is cresting. The Fourth Industrial Revolution is just beginning. And a new economy is emerging. That new economy requires a new finance. A new finance to serve the digital economy, a new finance to support the major transitions underway across the globe, and a new finance to increase the financial sector’s resilience.

Carney also spoke of the changing nature of the way we exchange value,

Consumers and businesses increasingly expect transactions to be settled in real time, checkout to become an historical anomaly, and payments across borders to be indistinguishable from those across the street.

Though Ripple is not mentioned by name, the kind of solutions that Ripple offers is a partial answer for the kind of upgrade that Carney speaks of. The cross-border solutions that Ripple provides has been warmly welcomed by banks across the world.

Earlier this year, the World Economic Forum released a report that showed over 40 central banks across the world were conducting research and/or implementing blockchain solutions. Certainly there is a lot to be gained by established entities adopting the technology, IMF Managing Director, Christine Lagarde, has also said that “cryptocurrencies clearly shake the world.”

Abhimanyu Krishnan
About Abhimanyu Krishnan

Abhimanyu is an engineer on paper but a writer by living. To him, the most celebratory aspect of blockchain technology is its democratic nature. While he’s hodling, he can be found reading a good book or making the local dogs howl with the sound of his guitar playing.

Source: Bank Of England Governor Might Open Opportunity For Ripple Tech, Says That Payments Across Borders Should Be Indistinguishable From Those Across The Street

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The World’s Largest Airplane Takes Flight. Next Stop? Outer Space

First flight of the Stratolaunch, which is intended to serve as a platform to send rockets into space. Stratolaunch Systems

On Saturday, the world’s largest aircraft, the Stratolaunch, made its first complete test flight. The aircraft flew for about two and a half hours over the Mojave desert, reaching a speed of 189 miles per hour and an altitude of 17,000 feet.

The aircraft was created by the Stratolaunch Systems Corporation, which was founded by the late Paul Allen. The purpose of the plane isn’t normal commercial travel, but rather to carry rockets into high altitudes, then launch those rockets from the plane itself.

“What a fantastic first flight,” Jean Floyd, CEO of Stratolaunch, said in a statement. “Today’s flight furthers our mission to provide a flexible alternative to ground launched systems.”

Scaled Composites, which was acquired by Northrop Grummon in 2007, worked on the design and build of the Stratolaunch aircraft. Saturday’s test flight was piloted by Scaled Composites test pilots Evan Thomas and Chris Guarente.

“I honestly could not have hoped for more on a first flight especially of an airplane of this complexity and this uniqueness,” Thomas said in a press briefing following the flight.

The Stratolaunch aircraft was first announced in 2011, and is the largest plane ever built out of composite materials. Its wingspan is 385 feet, the longest of any aircraft that has ever flown, including the Spruce Goose, which had a wingspan of about 320 feet. By comparison, a Boeing 747 has a wingspan of about 212 feet – making the Stratolaunch plane nearly twice the size. It’s propelled by six PW4056 turbofan engines, and is actually capable of launching multiple rockets on a single flight, up to about 500,000 pounds.

Airplane-launched rockets seemed at one point to be a good bet as a way of providing more convenient flights into space. Scaled Composites won the Ansari X Prize for launching the first private, reusable spacecraft into space in June of 2004. That effort was backed by Paul Allen, and this approach was not only adopted by Stratolaunch but also by Richard Branson’s Virgin Galactic.

However, it’s taken much longer than expected to develop these types of spaceflight. Virgin Galactic only first reached a space-approaching altitude at the end of 2018 – 14 years after that first Scaled Composite flight – though it hopes to be providing passenger service as early as later this year. Stratolaunch at one time was developing a rocket for its aircraft, but abandoned that effort earlier this year.

Rather than launch its own rockets, Stratolaunch has shifted strategy to be a platform for other aircraft-launched rockets. In particular, for Northrop Grummon’s Pegasus family of rockets. First demonstration Pegasus flights off of the Stratolaunch plane are scheduled for 2020.

Though they’ve taken longer to develop, the arrival of private plane-launched rockets via Virgin and Stratolaunch may be well-timed, as more satellite startups are looking for options to get satellites into space on their own timetable. Rockets launched from airplanes have more flexibility in terms of timing than their counterparts that launch from the ground, which may be a critical factor for companies looking to build up constellations in a hurry.

This post has been updated with more reporting since its initial publication.

Follow me on Twitter or Facebook. Read my Forbes blog here.

I’m an Associate Editor covering science and cutting edge tech.

 

Source: The World’s Largest Airplane Takes Flight. Next Stop? Outer Space

How Huawei’s Foldable Mate X Can Be Apple’s Nightmare In China

https://www.pivot.one/share/post/5c7cf990016de7608d9f18f1?uid=5bd49f297d5fe7538e6111b6&invite_code=JTOJYV

Meet The Taiwanese Tech Giant That’s Due To Make The Next iPad Mini

https://www.pivot.one/share/post/5c7cf9041d57e710cc4091ef?uid=5bd49f297d5fe7538e6111b6&invite_code=JTOJYV

Komodo to Soon Release Atomic Swap-Enabled Trading App, CTO Reveals

Cryptocurrency exchanges have been under fire so far this year, as hackers have kept on targeting them and other events hurt the confidence users have in certain platforms. Atomic swap technology is set to revolutionize the way we trade cryptocurrencies and more. As CryptoGlobe covered, a Chainalysis report has found that 60% of cryptocurrency exchange hacks were the work of two major players, dubbed “Alpha” and “Beta.” Alpha was described as a “giant, tightly controlled organization partly driven by non-monetary goals” that appeared eager to “create havoc as to maximize profits.”

Source: Komodo to Soon Release Atomic Swap-Enabled Trading App, CTO Reveals

Elementary OS: How I Learned To Stop Tweaking Linux And Love The Workflow

During my first week using elementary OS I felt unusually confined. Shackled by things like no minimize button, no dark mode and no out-of-the-box way to add new themes. I’m always excited to learn new workflows and discover the less popular corners of a new operating system. I love being able to tweak and tweak and tweak. And then I realize I get buried in the customization, distracted by endless choice. My inability to do this immediately is elementary’s biggest drawback to some — and to others its biggest advantage………

Source: Elementary OS: How I Learned To Stop Tweaking Linux And Love The Workflow

How This Former MIT Professor And Google Engineer Used Holograms To Build A $28 Million Startup – Lauren Aratani

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A red laser pointer shining through a raw chicken carcass may not seem like groundbreaking science, but for veteran technologist Mary Lou Jepsen, it’s worth $28 million in funding for her latest startup, Openwater. Jepsen performed the chicken act as part of her August TED Talk to illustrate how her imaging-tech company is building cost-conscious body-scanning technology by using the same components one might find at a science fair. The laser pointer’s light made both skin and bone of the plucked fowl glow, revealing a tumor just under its flesh……..

 

 

 

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Delivering A Great Digital Experience? Prove It – Bridget Bisnette

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Imagine that you can provide your customers with visibility and actionable insights on how “users”—be it customers or employees—are consuming applications, what their digital experience is while using them, and more importantly quantify how those experiences directly impact revenue, productivity, costs, and other business KPIs.For those of you not currently in the business of providing Digital Experience Management (DEM) services to your customers, imagine the impact to your business. How could doing so, expand your customer relationships outside of IT operations, while creating a new revenue stream for your business……………….

 

 

 

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Business Does Not Need the Humanities But Humans Do – Gianpiero Petriglieri

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Sometimes a simple story is all it takes to capture complex issues, or so it seems. Take this one. A few years ago, Facebook CEO Mark Zuckerberg lost a game of Scrabble to a friend’s teenage daughter. “Before they played a second game, he wrote a simple computer program that would look up his letters in the dictionary so that he could choose from all possible words,” wrote New Yorker reporter Evan Osnos. As the girl told it to Osnos, “During the game in which I was playing the program, everyone around us was taking sides: Team Human and Team Machine………..

Read more: https://hbr.org/2018/11/business-does-not-need-the-humanities-but-humans-do

 

 

 

 

 

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Why Apple Is Finally Ditching Its Proprietary Lightning Connector For USB-C On All iPhones, iPads – Jean Baptiste Su

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At the company’s “More in the Making” event on Tuesday, Apple’s vice-president of hardware engineering John Ternus revealed that the new iPad Pro will have a USB-C port – already present on the latest MacBooks – instead of the company’s proprietary Lightning connector. “Because a high performance computer deserves a high performance connector. And so in these new iPad Pros, we’re moving to USB-C,” said Ternus. “This brings a whole new set of capabilities to the iPad Pro like connecting to accessories that change how you use your iPad, cameras, musical instruments, or even docks. Or connecting to high-resolution external displays up to 5K………

Read more: https://www.forbes.com/sites/jeanbaptiste/2018/10/31/why-apple-is-finally-ditching-its-proprietary-lightning-connector-for-usb-c-on-all-iphones-ipads/#409f327a434c

 

 

 

 

 

Your kindly Donations would be so effective in order to fulfill our future research and endeavors – Thank you