Saturday, January 27, 2018
Vodaphone predicts the 8 tech trends of 2018
Saturday, January 13, 2018
Dr Luther King Day
Ivan,
It’s 2018, and I, like so many, often take for granted the condition in which we find our nation. I look around and see a myriad of people going about their daily life enjoying the freedoms that America affords.
I see school children spanning the vast arrays of melatonin playing and learning side-by-side... people of all ethnic backgrounds and religious affiliations working together, interacting with one another, worshipping together, and standing united in a common purpose - a common dream. Viewing the face of America today, I can scarcely believe this country I know, and love was the polar opposite of itself only fifty years ago. It is in this vein that I pause on this auspicious day to reflect upon a man who would come to epitomize the word "peace" in the midst of the Civil Rights Movement, Dr. Martin Luther King Jr.
The message that Dr. King espoused during his lifetime was, and remains a message that rises above partisan politics and resonates with all of humanity. While I'm not making a political statement, I would be remiss if I did not stop to recognize the work of a man who had a vision of peace and harmony for our great nation regardless of political affiliation.
Of the many adjectives that I can think of to describe the American people, hopeful is at the top of the list; however, for far too long, an important portion of our populace, the African American community, had little to hope for from a nation that had caused so much hurt to them, yet Dr. Martin Luther King Jr. came into the forefront bearing a message of renewed hope and healing to an injured people and nation.
In an effort to spur our country to live by its noblest principles, Dr. King put his life on the line in the pursuit of justice and freedom. He was a man acquainted with beatings, jail, and death threats, a man who paid the ultimate price for the sake of democracy... democracy for us all.
As we commemorate the life and legacy of Dr. Martin Luther King Jr., we recall his life dedicated to the timeless values of truth, service, humility, love, compassion, courage, and peace. He championed the cause for our country to live by its noblest principles. His message and life’s work radically changed the United States of America, and as more than 100 nations celebrate his vision of ecumenical solidarity, indeed, the world.
Today, we not only remember the legacy of Dr. King but also thank him for his selfless dedication to the ideals of freedom and equality.
"Darkness cannot drive out darkness: Only light can do that. Hate cannot drive out hate: Only love can do that." – Dr. Martin Luther King Jr.
Sincerely,
Shaun Cohen
President
Friday, January 12, 2018
Google trying to dominate CES2018
Wednesday, January 10, 2018
Blockchain Applications for All Walks of Life
FINTECH
Given the meteoric rise in popularity of cryptocurrencies in 2017, some mainstream financial institutions are clamoring to board the steadily moving crypto train.
The successful launch of Bitcoin futures contracts on CBOE and CME markets has proven that there is a healthy appetite for Wall Street investors to hedge their bets on the daily trade movements of cryptocurrencies.
While the two Chicago-based exchanges will go down in history as the first to offer futures, a number of big players aren’t far behind.
The New York Stock Exchange has officially filed for permission to launch Bitcoin exchange traded funds linked to the CME and CBOE listed futures, and the likes of Goldman Sachs are planning to launch their own cryptocurrency trading desk.
Let’s not forget about the NASDAQ, which is expected to launch its own Bitcoin futures midway through 2018.
While the experts iron out the fine print of their plans to offer Bitcoin futures on their futures platform, NASDAQ shared some important facets of the underlying technology that breathes life into cryptocurrencies - the Blockchain.
Blockchain 101
For the uninitiated, we should take a quick glance at Bitcoin’s Blockchain. Put simply, this particular Blockchain is an electronic accounting ledger that records every single transaction made using Bitcoin since its inception.
The ledger is shared on a worldwide network of computers, that keeps exact copies of the entire Blockchain. Batches of transactions are stored on blocks which, when full, are added to the chain - hence the word ‘Blockchain.’ Every transaction must be verified by nodes on the Blockchain before it is stored on the Blockchain.
Given this watered-down definition of Blockchain technology, its application is almost endless, as we have seen with the creation of a wide variety of cryptocurrencies.
For the NASDAQ, and other financial institutions, Blockchain application for transactions is of the utmost interest and it allows for a number of crucial functions in the financial world.
Cutting out the middleman
First and foremost, the decentralized nature of Blockchain technology rules out the need for a central body or third-party to approve and process transactions. As the Nasdaq pointed out in its articlepublished on Due.com by Peter Daisyme, most parties act in their own interest.
“The problem, however, is that many of these ‘agents’ have misaligned incentives, in that they are all fighting for their own slice of the profit.”
By using Blockchain technology, vital information can be authorized and shared by an efficient algorithm, free from maladministration.
“Implemented at scale, we can remove the error of human bias and maintain a cleaner, more accurate transactional databases.”
Proving ownership
Ethereum first introduced smart contracts with its Blockchain, which effectively allow contractual parameters to be added to transactions or shared information.
Smart contracts were created to ensure credible, transparent contractual obligations using Blockchain technology, effectively ensuring contractual obligations are met by both parties for the rest of the world to see.
NASDAQ highlights TrustToken’s smart contract Blockchain application, which provides a legal protocol for asset ownership.
More secure
While it’s enormously difficult to completely negate the threat of hacking, Blockchain technology has made a significant step in the right direction in negating the threat of cyber attacks.
Given that the Blockchain must be verified by nodes on the network, which is comprised of millions of computers around the world, it's virtually impossible to hack a Blockchain. Making changes to a single node is ineffectual, as the rest of the Blockchain will simply remove the node and its non-compliant record of the ledger.
Even if a hacker could destroy or affect every node of a Blockchain, the data is cryptographically encrypted. While every transaction is universally viewable, the information is unchangeable.
Quoting SteelKiwi from Hackernoon, the Nasdaq highlight just how difficult the technology is to crack.
“Unless the hacker could simultaneously bring down an entire network (which is near impossible), undamaged computers, also known as “nodes,” would continue running to verify and keep a record of all the data on the network.”
Overhauling supply chain
Another big factor for big businesses is the application of Blockchain technology in supply chain management.
Traditional methods would see long paper trails accounting for complex business activities. From finances to tracking and placing orders for raw materials, a lot can go wrong during this process.
Multinational fast moving consumer goods giant Unilever is looking to implement its own in-house Blockchain technology to streamline the supply chain management of tea production in Malawi.
The corporation plans to use Blockchain technology to manage transactions within its tea supply-chain, which could include up to 10000 farmers.
Possibilities are endless
As Daisyme points out in his analysis, the applications of Blockchain technology are endless. It simply takes bright minds looking for simple, electronic solutions to real-world problems to breathe life into the next Blockchain application.
Monday, January 1, 2018
11 predictions for 2018
1. Gene-editing techniques move to reality.
2. Bitcoin and Cryptos
3. Self-driving cars hit the market.
4. A.I. will become pervasive.
5. Micro leases and pop us stores thrive while retail, restaurants and malls struggle
6. M&A boom.
7. Corporate wellness and continuous learning
8. SAAS becomes pervasive - Ownership will decrease.
The rise of the 'as-a-service' business model is changing the way consumers interact with the world. People no longer want stuff, just access to stuff, when they need it. From our cars to our phones, and the music and movies we stream on them, we increasingly own less. With the first of Generation Z hitting the workforce in 2018, we're going to see the start of a whole generation which simply haven't grown up with that expectation of ownership, and are far less emotionally wedded to it.
9. The world runs on voice.
10. Face-to-face interactions will increase.
"The internet has made it possible for people to communicate easily while slowly weakening personal connections. Technology has allowed companies to track productivity with monitoring software, at the same time weakening trust.
Relationships have proven to be the way to increase sales and strengthen companies.
People who focus on their customer giving unique unparallelled service will shine. Those that influence the way customers communicate, listen, watch, shop, work and play will win.
11. Trust is key
Companies will be focussing on their most important asset: trust. And for good reason. From fake news and foreign ads on social media potentially impacting our election to the massive data breach at Equifax, trust in technology took a serious beating this year.
So while some of the most transformative technology in decades, like autonomous cars or blockchain, is poised to go mainstream , successful companies will be putting trust front and center. If your users don't trust you, it doesn't matter how cool or transformative your product or service is - It's dead in the water.
And a few other themes to look out for:-
- The cannabis industry
- The engagement and organisation of gig workers
- With the proliferation of cameras - the integration of face recognition
- New innovations in electric vehicles