HOW TO BECOME ONE OF WORLD'S TOP 5 ECONOMIES: JackMaNews (10/17) DAMO Academy will change world's human 1 values of -1 data intelligence, 2 the Internet of Things, 3 fintech, 4 quantum computing : ALQ & 5 human-machine interaction-will yours be one of the first 7 DamoCity along with AliBaba's supercity Hangzhou (inaugural 40000 person comp summit, host china g20)? - will half the innovation be led by girls? correspondence isabella@unacknowledgedgiant.com rsvp chris.macrae@yahoo.co.uk (at worldclassbrands.tv project of Norman Macrae Family Foundation) if you search out a superapp story worthy of worldwide youth celebrations .. 21st c logistics netpreneurs 10T MIT

DAMO (Discovery Adventure Momentum Outlook) to attract world-class talent, build partnerships and open research laboratories in seven cities around the globe..Its research areas will cover data intelligence, the Internet of Things, fintech, quantum computing and human-machine interaction. Within those areas, it will focus on real-world applications like machine learning, network security, visual computing and Natural Language Processing. Intro to Tech Concerning AI blockchain -off site reddit:neo

Do you know top 10 ways your kids can be imagineering jobs and happy lives?: 1 friend mapping 2 additive manufacturing 3 sensors everywhere 4 type 2 blockchains =big-data-community-app'd 5 robots with more memory than university full of professors 6 everyone's a shopkkeper as well as customer 7 everyones a teacher as well as student as well as coder 8 to 10 - utellus isabella@unacknowledgedgiant.com

Saturday, December 31, 2011

blockchain

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2011 is being used for beginners notes on non-financial blockchains

eg 10 companies app areas but are any of them on huge scale?

Blockchain technologies can offer individuals a completely new and accurate way of storing their medical data. No state agency or private organization will be needed anymore to do the paperwork. Just imagine, all the information you need, you can get at home or from any other computer.
infographic
Patientory, a recently launched free-to-use app, is an example of Blockchain’s influence in this area. Users can create a profile in the app and keep track of their medical history. The app eliminates the chance of having this data suffer any kind of cyber attack. All the changes in the records can be seen online.
As a Blockchain-based application, Patientory employs their own cryptocurrency PTOY to provide some extra options for both doctors and patients. Doctors get private health information through the infrastructure on the Ethereum Blockchain. The patients will be allowed to buy extra storage space in the app for their info.
During its crowdsale on May 31, 2017, the company raised $7.2 mln. Patientory plans to become a “market network” so it’s important for them to distribute their cryptocurrency across a wide audience.

OPEN GOV
Nick Williamson, the CEO of Credits, a London-based Blockchain infrastructure provider, also reports that a larger percentage of use-cases involving Blockchain will be non-financial. That’s why the British government started examining if Blockchain could be helpful in tracking and distributing welfare and pension payments.
The Five Star Movement, the biggest Italian opposition group, also maintains this idea as it wants Blockchain to be used to upgrade and put public services in order. Step by step, it becomes clear that governments are opening up to new technologies. They even fund some specific projects in order to speed up the process of change.

medium:

Data management

Factom is one of the most notable blockchain companies applying distributed ledger to the non-financial market — in this case, data management. The company uses blockchain-based identity ledgers in database management and data analytics to support various applications. Businesses and governments can use Factom to simplify records management, record business processes and address security and compliance issues. Factom maintains a permanent, time-stamped record of data in the blockchain that allows companies to reduce the cost and complexity of conducting audits, managing records, and complying with government regulations.

Diamonds

The diamond industry is one of the biggest natural resource industries and makes a substantial part of the GDP in African countries and other major diamond-miners. The hallmark of the industry is that it is highly criminalized. Stones are small and easy to hide and transport. The best part for criminals is that transactions can be made confidentially and the sell returns the value over years. Diamonds are known to be involved in money laundering and financing of terrorism on a truly massive scale around the world.
Due to a range of challenges with diamonds business, one of the tech pioneers in the sphere is Everledger. The company provides an immutable ledger for diamond identification and transaction verification for various stakeholders, from insurance companies to claimants and law enforcement agencies. Everledger assigns a “digital passport” to each diamond that will accompany each stone as it is transacted and creates a unique fingerprint.

Digital identity, identification & authentication

With this use case, blockchain is not necessarily restricted to funds transaction, DLT can be used for the storage of all types of data and transactions in a secure and open way. Moreover, creating an identity on blockchain can give individuals greater control over who has their personal information and how they access it.
By combining the decentralized blockchain principle with identity verification, a digital ID can be created that would act as a digital watermark which can be assigned to every online transaction of any asset.
Other examples include, but are not limited to:
Civic is a blockchain based identity management platform that allows users to register and validate their personal identity information and lock their identity in order to prevent identity theft and fraudulent activity on their credit reports. Civic aims to tackle the problem of consumer identity theft and reducing online identity fraud.
UniquID Wallet provides secure identity management, integrated with fingerprint and other biometry on personal devices. Ready to be deployed on custom hardware, servers, personal computers or smartphones and tablets, UniquID Wallet runs also on battery and low-powered devices, providing integrity and interoperability at the edge of one’s infrastructure.
Identifi links all personal profiles and identifiers to form a trusted identity.
Evernym is global, fully open-source, attribute-based, self-sovereign identity graph network built on an advanced, dedicated, privacy-enhancing, public permissioned distributed ledger.

Energy

Energy Blockchain Labs claims to be the only company in the world that is dedicated to the entire value chain in the energy industry. Founded in May 2016 by three founders with a complex background in the energy, financial and information industries, the lab is working on the energy revolution and is working with partners to develop a range of energy-based Internet technologies based on blockchain technology, covering energy production, consumption, trading, management and other links.
John Engates, Chief Evangelist, Rackspace: Blockchain will move beyond cryptocurrency.
“One of my favorite examples of a non-financial blockchain use comes from Provenance, a UK-based software company, which successfully piloted the use of blockchain and smart tagging to track tuna from catch to consumer, allowing for verifiable social sustainability claims, among other benefits.

Peter Loop, Associate Vice President and Senior Principal Technology Architect, Infosys:
  • "
  • "Blockchain will drive digital transformation of the enterprise specifically with automation, digitization of processes, tokenization of physical assets and activities and codification of complex contracts."
  • "The insurance sector will emerge as a hot area for blockchain technologies. Claims processing and complex multi-party processes like subrogation will show the business value of blockchain based automation."
  • "With major breaches such as Equifax (the credit rating system) proving that you cannot safeguard current identity data systems, the need for a more secure blockchain based identity approach, where no one holds all the keys, will emerge."

Rohit Adlakha, VP of Wipro HOLMESEnterprises will start investing in blockchain.
“The next application of blockchain will be hyperledgers:  Blockchain’s ability to force transparency and security across every transaction will radically alter any industry that requires a transfer of assets or information based on trust, while reducing friction and costs. In 2018, one of biggest use cases for blockchain will be the launch of hyperledgers for securing and authenticating documents better than traditional methods.
Maciej Kranz, VP at Cisco Systems:  IoT devices will converge with machine learning/artificial intelligence (AI), fog computing and blockchain technologies.
“This will help companies move from IoT initiatives that merely produce incremental gains, to those that create entirely new business models and revenue streams. This will allow companies to obtain greater value from their IoT investments and drive broader adoption.”
Bill Briggs, CTO and principal, Deloitte Consulting LLP: Blockchain to Blockchains:“Blockchain is moving rapidly from exploration into mission-critical production scenarios. Advanced use cases and increased adoption drives the need to coordinate, integrate, and orchestrate multiple blockchain initiatives within a large organization, potentially across multiple blockchains across a value chain.”
Sandy Steier, CEO of 1010data: Blockchain will enable new data analytics use cases.
The use of blockchain in a variety of applications across multiple industries will enable new data analytics–with high accuracy, privacy and identity protection–that provide significant value to both businesses and individuals. For example, in the finance and real estate industries, analytics around the mortgage approval process could be greatly streamlined. Borrowers could elect to share accurate personal income and expense metrics with lenders via a blockchain, bypassing the tortuous, expensive, fraud, error-prone and time consuming manual process of collecting paystubs, bank statements and other paper documents. With anonymity sufficiently ensured, these metrics could also be made available for aggregate analysis that would deliver insights enabling greater efficiencies in the lending process, including far more accurate prediction of creditworthiness. Other powerful possibilities exist in health and wellness, pharma, life sciences, finance, and additional sectors.”
Brian Shannon, Chief Strategy Officer, Dolphin Enterprise Solutions Corp.Transparency and secure access happens with blockchain.
Blockchain is here and now, and it will continue to gain traction as it provides transparency to the supply chain – especially in complex supply chain industries, such as the automotive and retail industries. 

Balakrishnan Dasarathy, professor at University of Maryland University College Graduate School:  The adoption of blockchain technology will impact cybersecurity big time.
One area in the application space—blockchain—is going to explode in 2018 and beyond. Blockchain is the technology that supports the use of vast distributed ledgers to record any transaction and track the movement of any asset, whether tangible, intangible, or digital and open to anyone.
“Blockchain technology’s disruptive aspect is its potential to eliminate intermediaries, such as government agencies, banks, clearing houses and companies like Uber, Airbnb and eBay. Blockchain provides these and other companies a measure of speed and cost savings when executing transactions. The blockchain shared, distributed and replicated ledger allows transacting parties to directly update the shared ledger for every transaction. Since parties interact directly through the shared ledger, they have to trust each other, and the transaction records in the shared ledgers should be visible only to the right parties. As such, cybersecurity technologies, specifically cryptography and access control, are critical enabling technologies for blockchain.”

Friday, December 30, 2011

Walmart identified a use-case for blockchain, found a partner in IBM, and developed a pilot project to improve the traceability of their products.  It worked, and now they're building on that success. A great model for blockchain transformations!
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Thursday, December 29, 2011

A development from the past couple of years that serves as a good example is the Estonian 'ID-Kaarts' system. The system uses shared databases to allow multiple parties to share authoritative information such as data-logging for clinical assessments or commercial deals. The result has been a secure, all-digital government experience, which has significantly reduced bureaucracy. Such systems can even allow individuals to easily access and create certified copies of any of their personal records, protected from anyone other than themselves by key-locked encryption. The ledgers themselves are also becoming more sophisticated, allowing for developments such as the ability to send documentation to others that need to see it, without compromising any of the control of access. This may also allow individuals to take back the value in their own data, and to choose whether they want to 'sell' their own personal information to businesses in the future.
Four of the world's largest carmakers have joined tech providers and startups to form the biggest-ever consortium focused on applying blockchain tech in the automotive sector.
Announced Tuesday, the Mobility Open Blockchain Initiative (MOBI) has revealed founding members including BMW, Ford, General Motors and Renault. Also present among the ranks are the car-parts manufacturers Bosch and ZF as well as major companies (Accenture, IBM) and blockchain industry groups (Consensys, Hyperledger).
As such, while there have been a number of proofs-of-concept in the sector of late (last year, IBM and ZF tested a crypto car wallet), the consortium perhaps distinguishes itself through its broad representation, as well as the participation from groups backing both private and public blockchain systems.
Rather than push a particular type of distributed ledger, MOBI aims to create common standards and APIs to enable payments and data-sharing between cars - all in service of driving forward a new digital mobility ecosystem, from ride-sharing to self-driving vehicles and everything in between. 
Chris Ballinger, the chairman and CEO of MOBI, said that in his previous job at Toyota Research Institute he realized the need for a consortium after conducting several blockchain proofs-of-concept with startups. 
What is required to move those forward, he said, is a decentralized business network.
"You really have to have common standards and common ways for cars to communicate, to identify themselves and make payments," Ballinger told CoinDesk, adding:
"But if each auto company is trying to develop its own car wallets or its own way of paying tolls, or providing a ride sharing service, it just doesn't work; it's the Tower of Babel."
And while he started a fledgling consortium during his time at Toyota, Ballinger's company was the only automaker on board with the idea. Still, it's a concept that seems to have gained some steam with MOBI coming out of the gate with members that account for 70 percent of global car production, along with 30 other partners.
Dan Harple, the CEO of Context Labs, who is working closely with Ballinger, said the new consortium's first step will be to establish a "minimum viable ecosystem" for gaining network effect.
The work will kick off with in-person member meetings to form project teams for areas such as vehicle identity and data tracking; ride sharing; mobility ecosystem commerce; and data markets for autonomous and human driving.

Internet's original sin

All told, the MOBI consortium is perhaps the auto industry's first coordinated response to the realization that data produced around cars is a valuable resource and that blockchain could help the automotive industry itself keep control of and manage this data. 
Stepping back, the fact that data lacks good property rights means it ends up in data silos of big tech companies which become quasi-monopolies and then just get bigger and bigger - what MIT's Michael J. Casey (a CoinDesk columnist) refers to as "the Original Sin of the internet."
But while the car is the next data battlefield that Apple, Google and Amazon are fighting over tooth-and-nail, MOBI sees blockchains offering a powerful tool for decentralization. Moreover, that data, once it is shared, can conceivably deliver benefits to society, such as improving road safety and reducing congestion.
"Everybody wants that data. Apple has their car play, Amazon is putting Alexa in the car, Microsoft Azure has their car system, Google's got theirs," Ballinger told CoinDesk, adding:
"The car is the fourth screen and the next big data battleground. It's a trillion-dollar prize."
As such, Ballinger anticipates many data opportunities going forward.
One is the data generated inside the car: the average commuter spends a couple of hours a day in their car, and increasingly they're using the internet during that time - for instance, asking virtual assistants for directions.
"The opportunity here is if you can create property rights, then that data can eventually become self-sovereign and owned by whoever generates it - whether that's an individual owner, a fleet operator, a city government perhaps operating traffic lights, whatever," Ballinger said. 

Sensor data explosion

Another type of data that MOBI hopes to harness using distributed ledger tech is much more up for grabs.
That's the data generated by the car itself via the multitude of sensors positioned within and around it. Connected cars today are producing about 25 gigabytes of data an hour and that figure is expected to increase by orders of magnitude in a future with vehicles (manual or autonomous) that have remote sensing methods like light detection and ranging (LIDAR).
"With these kinds of rich sensors, the cars will be producing massive amounts of data that probably not even 5G networks can handle," Ballinger said. "Imagine real-time mapping in such detail that you could deliver a package with a robot to a door of somebody's apartment or house."
Added to that could be real-time weather sensors, cars that are negotiating rights of way with other cars, cars negotiating carbon pricing and pollution and the energy they use and so on, he continued.
All these data points, if managed and used correctly, could make being on the road much safer too.
While the likes of Google and Tesla are way ahead in terms of collecting self-driving car data, Ballinger believes it's still going to take a half a trillion miles to develop cars that are really safe and can handle all the real-world driving situations, such as driving through cities in bumper-to-bumper traffic or navigating the highway in torrential downpours.
Yet, blockchain-based systems will help here as well.
While at Toyota, Ballinger took part in a proof-of-concept involving startup BigChainDB which used a blockchain to create property rights for data so it could be shared among car makers, which could then use it to train machine-learning algorithms. According to Ballinger, sharing this data is the only way we speed up the process of getting safe, self-driving cars on the road. 
"No company is anywhere close to having that amount of data and won't any time soon," said Ballinger, adding: 
"That data might be out there, but nobody is sharing it and so the day when we get safe cars is probably further away than it otherwise could be."
Burnt rubber image via Shutterstock

Wednesday, December 28, 2011

How blockchain will change the world

“I am usually busy trying to decentralize defences and after digging deeper into Blockchain and decentralized systems, I’m excited to join SIRIN LABS as an ambassador to make Blockchain more friendly with their upcoming operating system for smartphones!”
These are the recent words of none other than Lionel Messi. Whether the Argentinean and FC Barcelona footballing legend understands the deepest intricacies of blockchain remains to be seen. But his promotional post on behalf of a promising blockchain company shows just how far distributed ledger technology has come over the last few years, in terms of global awareness. And it suggests that blockchain is going to play a hugely influential role in the world during the years to come.
On the surface, one might be tempted to ask what all the fuss is about when it comes to blockchain. After all, when we boil all the hype down to the technology’s decidedly unglamorous core function – that of being an improved, distributed ledger – the revolution doesn’t sound particularly exciting.
But it’s the ability of this ledger to provide an unfalsifiable, singular version of the truth that is now enabling a multitude of processes to become faster, safer, more accurate and more efficient.
And with blockchain crucially eliminating the need for central intermediaries, it will fundamentally change the traditional models and infrastructure upon which industries, governments and even individuals have functioned for decades, if not centuries.
To date, it’s been the cryptocurrencies that have stolen most of the headlines as far as blockchain use cases are concerned. And many would say “rightfully so!” – after all, it’s not every day that a new tradable asset generates four digits of annual percentage gains, as Bitcoin managed in 2017.
But over the next few years, it’s the distributed ledger technology itself that will end up transforming much of the world’s economic, political and cultural landscape. It seems almost every day that another industry is gushing over what blockchain can unleash for its future.
Here we take a look at a few specific examples of where the technology is expected to be particularly instrumental…
Insurance
We have already discussed the potential for blockchain to transform the financial services industry, mainly within sub-sectors such as trade finance, payments, clearing and settlements, and compliance and regulation. It also looks set to cause major upheaval in the insurance world. Many of the industry’s biggest names are testing potential blockchain applications, including Allianz, AIA and Swiss Re. and are likely to emerge with blockchain-based solutions for both improvements in internal processes which should generate efficiency gains, cost reductions and top-line revenue growth; as well as more general industry use cases that could benefit sectors right across the industry’s value chain.
In this regard, there is much anticipation over the introduction of smart contracts– self-executing protocols on the blockchain that all parties involved in an insurance contract can trust. Claims data, in particular, will be drastically improved, especially given the multitude of inefficiencies currently pervading insurance organisations, agents and third parties (for example, repair shops) in this area, as well as the fact that manual data entry processing methods remain widespread, and are thus subject to human error.
The use of blockchain, in contrast, could automate the claims payments process by filing and adjudicating claims based on secure information that is recorded using smart contracts. As recently observed by Deloitte, smart contracts “could provide customers and insurers with the means to manage claims in a transparent, responsive and irrefutable manner”. As such, the smart contract would lower costs, increase payment speeds and provide a new and innovative business model for the insurance industry.

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    • article at 2 discusses supply chain and reducing corruption and at 3 humanitarian problems and politics
      According to recent EU budget publications relating to the EU pilot project, Horizontal Task Force on Distributed Ledger Technology, lawmakers are considering just such a proposal" “One specific use case that ought to be explored is the potential of [distributed ledger tech] based solutions for the management of the situation of refugees. Many refugees, and people in refugee-like situations, are unable to prove their identity or access essential services.”
      Ostensibly, such an initiative would help refugees to gain a formal ID, which in turn would be of benefit when opening a bank account, accessing healthcare and seeking legal representation.
      The news follows reports earlier this year that the United Nations is using Ethereum to provide funds to refugees from the Syrian War. Since then, it is believed that 7 UN groups are exploring how blockchain could solve problems relating to identity and micropayments.
      Indeed, the Finnish government has already gone one better. In conjunction with a company called MONI, Helsinki is providing prepaid Mastercard debit cards to refugees who do not have bank accounts. Each card contains a unique identifier stored on the blockchain, which means there is no need for a third party required for identity verification purposes. The card also functions as a bank account by having the ability to receive direct deposits from users’ employers; and the account’s private keys can only be accessed by the cardholder, which thus allows identification to be easily and securely carried out. With blockchain storing all transactions made by each cardholder, therefore, local immigration services can also easily monitor cardholders and expenditures.