Machine Learning Answers: If Twitter Stock Drops 10% A Week, Whats The Chance Itll Recoup Its Losses In A Month? – Forbes

The Twitter logo appears on a phone post on the floor of the New York Stock Exchange, Thursday, Oct. ... [+] 27, 2016. (AP Photo/Richard Drew)

Twitter stock has seen significant volatility over the last few years. While the stock is benefiting from an expanding international user base and improving monetization, slowing growth rates and concerns about its valuation have hurt the stock. Considering the recent price movements, we began with a simple question that investors could be asking about Twitters stock: given a certain drop or rise, say a 10% drop in a week, what should we expect for the next week? Is it very likely that the stock will recover the next week? What about the next month or a quarter? You can test a variety of scenarios on the Trefis Machine Learning Engine to calculate if the Twitter stock dropped, whats the chance itll rise.

For example, after a 5% drop over a week (5 trading days), the Trefis machine learning engine says chances of an additional 5% drop over the next month, are about 31%. This is quite significant, and helpful to know for someone trying to recover from a loss. Knowing what to expect for almost any scenario is powerful. It can help you avoid rash moves.

Below, we also discuss a few scenarios and answer common investor questions:

Question 1: Does a rise in Twitter stock become more likely after a drop?

Answer:

Not really.

Specifically, chances of a 5% rise in Twitter stock over the next month:

= 34% after Twitter stock drops by 5% in a week.

versus,

= 36.5% after Twitter stock rises by 5% in a week.

Question 2: What about the other way around, does a drop in Twitter stock become more likely after a rise?

Answer:

Yes, Slightly more likely. Specifically, chances of a 5% decline in Twitter stock over the next month:

= 30.7% after Twitter stock drops by 5% in a week

versus,

= 34.5% after Twitter stock rises by 5% in a week

Question 3: Does patience pay?

Answer:

According to data and Trefis machine learning engines calculations, largely yes!

Given a drop of 5% in Twitter stock over a week (5 trading days), while there is only about 23% chance the Twitter stock will gain 5% over the subsequent week, there is more than a 40% chance this will happen in 3 months.

The table below shows the trend:

Trefis

Question 4: What about the possibility of a drop after a rise if you wait for a while?

Answer:

After seeing a rise of 5% over 5 days, the chances of a 5% drop in Twitter stock are about 45% over the subsequent quarter of waiting (60 trading days). However, this chance drops slightly to about 42.5% when the waiting period is a year (250 trading days).

The table below shows the trend:

Whats behind Trefis? See How Its Powering New Collaboration and What-Ifs ForCFOs and Finance Teams|Product, R&D, and Marketing Teams More Trefis Data Like our charts? Exploreexample interactive dashboardsand create your own

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Machine Learning Answers: If Twitter Stock Drops 10% A Week, Whats The Chance Itll Recoup Its Losses In A Month? - Forbes

Global Contextual Advertising Markets, 2019-2025: Advances in AI and Machine Learning to Boost Prospects for Real-Time Contextual Targeting -…

The "Contextual Advertising - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.

The Contextual Advertising market worldwide is projected to grow by US$279.2 Billion, driven by a compounded growth of 18.5%

Activity-based Advertising, one of the segments analyzed and sized in this study, displays the potential to grow at over 18.6%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$166.2 Billion by the year 2025, Activity-based Advertising will bring in healthy gains adding significant momentum to global growth.

Representing the developed world, the United States will maintain a 16.5% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$10.6 Billion to the region's size and clout in the next 5 to 6 years. Over US$8.9 Billion worth of projected demand in the region will come from the rest of the European markets. In Japan, Activity-based Advertising will reach a market size of US$7 Billion by the close of the analysis period.

As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 23.6% over the next couple of years and add approximately US$69.7 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.

Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio.

Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Competitors identified in this market include:

Key Topics Covered:

1. MARKET OVERVIEW

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

For more information about this report visit https://www.researchandmarkets.com/r/q96k8q

View source version on businesswire.com: https://www.businesswire.com/news/home/20191219005420/en/

Contacts

ResearchAndMarkets.comLaura Wood, Senior Press Managerpress@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470For U.S./CAN Toll Free Call 1-800-526-8630For GMT Office Hours Call +353-1-416-8900

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The Quantum Computing Decade Is ComingHeres Why You Should Care – Observer

Googles Sycamore quantum processor. Erik Lucero, Research Scientist and Lead Production Quantum Hardware

Multiply 1,048,589 by 1,048,601, and youll get 1,099,551,473,989. Does this blow your mind? It should, maybe! That 13-digit prime number is the largest-ever prime number to be factored by a quantum computer, one of a series of quantum computing-related breakthroughs (or at least claimed breakthroughs) achieved over the last few months of the decade.

An IBM computer factored this very large prime number about two months after Google announcedthat it had achieved quantum supremacya clunky term for the claim, disputed by its rivals including IBM as well as others, that Google has a quantum machine that performed some math normal computers simply cannot.

SEE ALSO: 5G Coverage May Set Back Accurate Weather Forecasts By 30 Years

An arcane field still existing mostly in the theoretical, quantum computers have done enough recently and are commanding enough very real public and private resources to be deserving of your attentionnot the least of which is because if and when the Chinese government becomes master of all your personal data, sometime in the next decade, it will be because a quantum computer cracked the encryption.

Building the quantum computer, it is said, breathlessly, is a race to be won, as important as being the first in space (though, ask the Soviet Union how that worked out) or fielding the first workable atomic weapon (seems to be going OK for the U.S.).

And so here is a postwritten in terms as clear and simple as this human could mustersumming up these recent advances and repeating other experts predictions that the 2020s appear to be the decade when quantum computers begin to contribute to your life, by both making slight improvements to your map app, and powering artificial intelligence robust and savvy enough to be a real-life Skynet.

First, the requisite introduction to the concept. Normal computers, such as the device you are using to access and display this content, process information in a binary. Everything is either a one, or a zero, or a series of ones and zeroes. On, or off. But what if the zero was simultaneously also a one? (Please exit here for your requisite digression into quantum physics and mechanics.)

The idea that a value can be a zero, or a one, or both at the same time is the quantum principle of superposition. Each superposition is a quantum bit, or qubit. The ability to process qubits is what allows a quantum computer to perform functions a binary computer simply cannot, like computations involving 500-digit numbers. To do so quickly and on demand might allow for highly efficient traffic flow. It could also render current encryption keys mere speedbumps for a computer able to replicate them in an instant.

An artists rendition of Googles Sycamore quantum processor mounted in a cryostat. Forest Stearns, Google AI Quantum Artist in Residence

Why hasnt this been mastered already, whats holding quantum computers back? Particles like photons only exist in quantum states if they are either compressed very, very small or made very, very coldwith analog engineering techniques. What quantum computers do exist are thus resource-intensive. Googles, for example, involves metals cooled (the verb is inadequate) to 460 degrees below zero, to a state in which particles behave in an erratic and random fashion akin to a quantum state.

And as Subhash Kak, the regents professor of electrical and computer engineering at Oklahoma State University and an expert in the field,recently wrote, the power of a quantum computer can be gauged by how many quantum bits, or qubits, it can process. The machines built by Google, Microsoft, Intel, IBM and possibly the Chinese all have less than 100 qubits,he wrote. (In Googles case, the company claims to have created a quantum state of 53 qubits.)

To achieve useful computational performance,according to Kak, you probably need machines with hundreds of thousands of qubits. And what qubits a quantum computer can offer are notoriously unstable and prone to error. They need many of the hard-won fixes and advancements that saw binary computers morph from room-sized monstrosities spitting out punch cards to iPhones.

How fast will that happencan it happen?

Skeptics, doubters, and haters might note that Google first pledged to achieve quantum supremacy (defined as the point in time at which quantum computers are outperforming binary computers) by the end of 2017meaning its achievement was almost two full years behind schedule, and meaning other quantum claims, like Dario Gil of IBMs pledge that quantum computers will be useful for commercial and scientific advantage sometime next year, may also be dismissed or at least subject to deserved skepticism.

Dario Gil, director of IBM Research, stands in front of IBMs Q System One quantum computer on October 18, 2019. Misha Friedman/Getty Images

And those of us who can think only in binary may also find confusion in the dispute between quantum rivals. The calculation performed by Googles Sycamore quantum computer in 200 seconds, the company claimed, would take a normal binary supercomputer 10,000 years to solve. Not so, according to IBM, which asserted that the calculation could be done by a binary computer in two and a half days. Either way, as The New York Times wrote, quantum supremacy is still a very arcane experiment that cant necessarily be applied to other things. Googles breakthrough might be the last achievement for a while.

But everybody is tryingincluding the U.S. government, which is using your money to do it. Commercial spending on quantum computing research is estimated to reach hundreds of millions of dollars sometime in the next decade. A year ago, spooked and shamed by what appeared to be an unanswered flurry of quantum progress in China, Congress dedicated $1.2 billion to the National Quantum Initiative Act, money specifically intended to boost American-based quantum computing projects. According to Bloomberg, China may have already spent 10 times that.

If you walk away with nothing else, know that quantum computer spending is very real, even if the potential is theoretical.

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The Quantum Computing Decade Is ComingHeres Why You Should Care - Observer

IBM and the U. of Tokyo launch quantum computing initiative for Japan | – University Business

IBM (NYSE:IBM) and the University ofTokyo announced today an agreement to partner to advance quantum computing and make it practical for the benefit of industry, science and society.

IBM and theUniversity of Tokyowill form theJapan IBM Quantum Partnership, a broad national partnership framework in which other universities, industry, and government can engage. The partnership will have three tracks of engagement: one focused on the development of quantum applications with industry; anotheron quantum computing system technology development; and the third focused on advancing the state of quantum science and education.

Under the agreement, anIBM Q System One, owned and operated by IBM, willbe installed in an IBM facility inJapan. It will be the first installation of its kind in the region and only the third in the world followingthe United StatesandGermany. The Q System One will be used to advance research in quantum algorithms, applications and software, with the goal of developing the first practical applications of quantum computing.

IBM and theUniversity of Tokyowill also create a first-of-a-kind quantumsystem technology center for the development of hardware components and technologies that will be used in next generation quantum computers. The center will include a laboratory facility to develop and test novel hardware components for quantum computing, including advanced cryogenic and microwave test capabilities.

IBM and theUniversity of Tokyowill also directly collaborateon foundational research topics important to the advancement of quantum computing, and establish a collaboration space on the University campus to engage students, faculty, and industry researchers with seminars, workshops, and events.

Quantum computing is one of the most crucial technologies in the coming decades, which is why we aresetting up this broad partnership framework with IBM, who is spearheading its commercial application,said Makoto Gonokami, the President of theUniversity of Tokyo. We expect this effortto further strengthenJapans quantum research and developmentactivities and build world-class talent.

Developed byresearchers and engineers fromIBM Researchand Systems, the IBM Q System One is optimized for the quality, stability, reliability, and reproducibility of multi-qubit operations. IBM established theIBM Q NetworkTM, a community of Fortune 500 companies, startups, academic institutions and research labs working with IBM to advance quantum computing and explore practical applications for business and science.

This partnership will sparkJapansquantum researchcapabilities by bringing together experts from industry, government and academia to build and grow a community that underpins strategically significant research and development activities to foster economic opportunities acrossJapan, saidDario Gil, Director of IBM Research.

Advances in quantum computing could open the door to future scientific discoveries such as new medicines and materials, improvements in the optimization of supply chains, and new ways to model financial data to better manage and reduce risk.

TheUniversity of Tokyowill lead theJapan IBM Quantum Partnership and bring academic excellence from universities and prominent research associations together with large-scale industry, small and medium enterprises, startups as well as industrial associations from diverse market sectors. A high priority will be placed on building quantum programming as well as application and technology development skills and expertise.

For more about IBM Q:https://www.ibm.com/quantum-computing/

AboutUniversity of Tokyo

TheUniversity of Tokyowas established in 1877 as the first national university inJapan. As a leading research university, theUniversity of Tokyooffers courses in essentially all academic disciplines at both undergraduate and graduate levels and conducts research across the full spectrum of academic activity. The University aims to provide its students with a rich and varied academic environment that ensures opportunities for both intellectual development and the acquisition of professional knowledge and skills.

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IBM and the U. of Tokyo launch quantum computing initiative for Japan | - University Business

2020 and beyond: Tech trends and human outcomes – Accountancy Age

The next decade promises to offer both incredible opportunity and challenge for all of us. Technologies like artificial intelligence (and its close friend, machine learning) will no longer be considered new but will instead be at the heart of some huge disruptive changes that will run right through our society. In particular, AI will start to enable the automation of many things that were previously deemed too complex or even too human.

Well see these changes at work traditional professions like accountancy, lawyers and others will, over time, see significant portions of what they do be taken over by virtual robots. Vocations such as lorry drivers, taxi drivers and even chefs may disappear as machines are introduced to perform the same function but with more consistent results and less risk.

Well also see these changes at home as AI will bring a host of new changes to how we live. AI will help us speak any language to anyone in the world, it will help us discover and create new content and maybe even help us decide what food to eat and when we should rest (and for how long!) in order to help us live lives that are not just more healthy, but more productive and of course more fun.

Well (hopefully) see these changes at school and in education too when we finally realise that in the 21st century, simply knowing stuff is no longer enough. Instead we might seek to use AI to build personalised learning schemes that tailor learning for every unique student such that they can reach their true potential regardless of their background, ability to learn or particular strengths and weaknesses. This could also mean the end of exams and tests as we know it as we move away from the unnecessary stress and futility of a single measure of knowledge taken at a single moment in time to a world of continuous assessment, where the system is able to measure progress as a by-product of the work that the student does every single day.

As for the technology itself, its going to continue to get quicker, cheaper, more powerful and smaller. Your huge smartphone may not be so huge by the time we get to 2030, in fact it may not be a phone at all but instead a small implant that you have inserted under your skin, just like the one we use today for our pets

Well also see the introduction of new game changing technologies like Quantum Computing. Dont be fooled, this is not just another computer but faster, the power and potential Quantum Computing offers us is almost unimaginable. Todays quantum computers are limited, complex machines that require an extreme environment in which to run, (most early quantum computers need to run at -273 degrees centigrade so dont think youre going to see one in your office or your home any time soon. But they are important because of the scale at which they operate. In simple terms, the power of todays quantum computers is measured at around 50 cubits (a cubit is a quantum computers measure of power, a bit like the digital equivalent of horse power), scientists believe that when we can get Quantum computers to 500 cubits, those computers will be able to answer as many questions as there are atoms in the world and at the same time! This is a kind of computational power that we cant even begin to imagine.

Oh and robots too. These wont be the industrial robots youre used to seeing, they might not even be the science fiction looking robots (you know, the ones that start as friends and then take over the world). These robots are going to be not just our friends, theyll be a part of our families. Its already started. If you have a smart speaker at home, youve got an early ancestor of something that will end up becoming your own personal C3PO, not just there to help you but there to provide companionship and friendship while you go about your busy lives.

But all this wont be without some risks.

Massive parts of our current labour market will be challenged by the rise of the machines. Our kids will continue to lack the skills theyre going to need to thrive and we adults are going to struggle to make sense of it all at home and at work.

The machines wont be perfect either, seeing as theyre created by humans, they end up with some human problems as a result, algorithmic bias will be one of the defining challenges of 2020 and beyond and its going to take a lot of human effort to get all of us to a point where we can trust our lives to the algorithms alone.

The good news in all of this is that the end result is still ultimately down to us humans. The real answer to what 2020 will hold for technology and how it affects us in our everyday lives will continue to be all about how we humans choose to use it. Im hopeful for a new era in 2020, one where we turn the corner in our relationship with technology and look not for dystopia, but instead we seek to ensure everyone has the right skills and ambition to build the utopia we deserve. To get there we need to teach our kids (and ourselves!) to break free of the technology that traps and disconnects us, an instead use the same technology to elevate what we could achieve not by replacing us, but by freeing us to do all of the amazing things that the technology alone cannot do. The best future awaits those that can combine the best of technological capability with the best of human ability.

Dave Coplin is former Chief Envisioning Officer for Microsoft UK, he has written two books, worked all over the world with organisations, individuals and governments all with the goal of demystifying technology and championing it as a positive transformation in our society.

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2020 and beyond: Tech trends and human outcomes - Accountancy Age

IBM partners with the University of Tokyo on quantum computing initiative – SiliconANGLE News

IBM Corp. said today its teaming up with the University of Tokyo to create a new Japan-IBM Quantum Partnershipthat will focus on advancing the adoption of quantum computers in order to benefit science, industry and society.

IBM said the partnership would have three areas of focus, including the development of quantum applications for industry and the development of quantum computing hardware, with an aim to advance the state of quantum science and education.

The initiative will also see an IBM Q System One(pictured) installed at one of the companys facilities in Japan. The system was launched in January and is said to be the worlds first-ever circuit-based commercial quantum computer.

There are currently two such machines in operation one in the U.S. and one in Germany. Once the system is installed in Japan, IBM and University of Tokyo researchers intend to use it to aid their research into quantum algorithms and practical quantum applications.

IBM and the University of Tokyo also plan to create a quantum system technology center focused on developing and testing new quantum hardware.University of Tokyo President Makoto Gonokami said in a statement that his institution would place a much higher priority on quantum programming going forward.

Quantum computing is one of the most crucial technologies in the coming decades, which is why we are setting up this broad partnership framework with IBM, Gonokami said. We expect this effort to further strengthen Japans quantum research and development activities and build world-class talent.

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Quantum Computing Market Increase In Analysis & Development Activities Is More Boosting Demands – Market Research Sheets

The Report Titled on Global Quantum Computing Market Size, Status and Forecast 2019-2025 is a professional and in-depth study on the current state of the Quantum Computing industry with a focus on the market Overview, Classification, Industry Value, Price, Cost and Gross Profit. This Quantum Computing market report enhanced on worldwide competition by topmost prime manufactures like (D-Wave Systems, Google, IBM, Intel, Microsoft, 1QB Information Technologies, Anyon Systems, Cambridge Quantum Computing, ID Quantique, IonQ, QbitLogic, QC Ware, Quantum Circuits, Qubitekk, QxBranch, Rigetti Computing) which providing information such asCompany Profiles, Product Picture and Specification, Capacity, Production, Cost, Revenueand Contact Information. The report provides key statistics on the market status of the Quantum Computing market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry. Overall, the report provides an in-depth insight of 2014-2025 global Quantum Computing market covering all important parameters.

In-Depth Qualitative Analyses Include Identification and Investigation Of The Following Aspects:Quantum Computing Market Structure, Growth Drivers, Restraints and Challenges, Emerging Product Trends & Market Opportunities, Porters Fiver Forces.

Instantaneous of Quantum Computing Market:Quantum computing is a technology that applies the laws of quantum mechanics to computational ability. It includes three states, namely 1, 0 as well as the superposition of 1 and 0. Superposition indicates that two states exist at the same time. These bits are known as quantum bits or qubits. The global quantum computing market consists of the hardware that is required to develop quantum computers and its peripherals.

North America accounted for the largest share of the overall quantum computing market in 2017. On the other hand, Asia Pacific (APAC) would be the fastest growing region for quantum computing during the forecast period. This growth can be attributed to the increasing demand for quantum technology to solve the most tedious and complex problems in the defense and banking & finance industry.

On the basis of product,this report displays the sales volume, revenue (Million USD), product price, market share and growth rate ofeach type, primarily split into-

Hardware Software Services

On the basis on the end users/applications,this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate of Quantum Computing market foreach application, including-

Defense Healthcare & pharmaceuticals Chemicals Banking & finance Energy & power

KeyQueriesAnsweredWithin theQuantum Computing Market Report:-

Analysts of the report centered on respondent some key questions on Quantum Computing market. This can be to assist readers gain clear information regarding growth within the Quantum Computing market, and what are the continued changes happening which will diversify the market within the returning years.

Whatare theForemost Recent Advanced TechnologiesAdopted by Quantum Computing?

HowaretheRecent TrendsPoignantGrowth within theWorldQuantum Computing Market?

Whatarethe KeyMethodsEmployed by Players and Repair Suppliers That Are Expected to Impact the Expansion of the Quantum Computing Market?

Whatarethe ResourcesOut Therein Various Regions That Attract Leading Players within theQuantum Computing Market?

What Was theHistorical Price and What is Going to be the Forecast Price of the Quantum Computing Market?

Quantum Computing Market: Regional analysis includes:

Contact:

ResearchMozMr. Nachiket Ghumare,Tel: +1-518-621-2074USA-Canada Toll Free: 866-997-4948Email:[emailprotected]

Browse More Reports Visit @https://bit.ly/2Sepby2

This post was originally published on Market Research Sheets

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Quantum Computing Market Increase In Analysis & Development Activities Is More Boosting Demands - Market Research Sheets

How 2019 Was The Tipping Point For Adoption Of Private Blockchain Solutions – Analytics India Magazine

The year 2019 saw the launch of several private blockchain roll outs in the enterprise space, both in India and across the globe. Here, one of the most important developments was the launch of Hyperledger Fabric 1.4 in January 2019, which was its first long term support release. This was an important milestone in the adoption of enterprise blockchain as maintainers of Fabric network will now provide continuous bug fixes for each following versions. Also, programming model improvements in the Node.js SDK and Node.js chaincode makes the development of decentralized applications more intuitive, allowing developers to focus on application logic.

Hyperledger has been the most prominent open source enterprise blockchain network launched in December 2015 by the Linux Foundation, and receiving contributions from IBM, Intel and SAP Ariba, to support the collaborative development of blockchain-based distributed ledgers. In 2019, apart from its Fabric blockchain product which has been used by hundreds of companies across the globe, Hyperledger Sawtooth also saw adoption from companies like Salesforce, Lamborghini, Target, Cargill.

Apart from using Hyperledger for specific enterprise use cases like supply chain management and distributed applications, other companies tweaked the open source software for serving their own customers. For example, In November 2019, Accenture announced that it developed and tested a solution called Blockchain Integration Framework which allows two or more blockchain enabled ecosystems to integrate and achieve interoperability as an end goal. A tutorial demonstrated sending an asset file between two enterprise blockchain networks, namely a generic deployment of Hyperledger Fabric and JP Morgans Quorum network using Accentures own blockchain interoperability solution, which Accenture has opensourced for all developers. Given there is a large interest among enterprises, Indias tech companies like

MindTree, Tech Mahindra joined Hyperledger Foundation to leverage its blockchain capabilities in 2019.

As far as enterprise vendors in the blockchain space are concerned, IBM clearly won the race on the global level with innovative launches. In 2019, we saw IBM introducing Trust Your Supplier Network along with blockchain consultancy firm Chainyard. Along with IBM, Fortune 500 companies including Anheuser-Busch InBev, GlaxoSmithKline, Lenovo, Nokia, Schneider Electric and Vodafone are founding participants in the Trust Your Supplier (TYS) network.

Another IBMs blockchain project called Food Trust added big players in the food sector including Walmart, Nestle, Tyson Foods, French supermarket chain Carrefour, Dole Foods, Unilever, and US grocery giants Kroger and Albertsons. Both of these blockchain networks run on the IBM Blockchain Platform which is built to run on-premises and in multi-cloud environments. With the platform, organisations can create, test and debug smart contracts, and also connect to Hyperledger Fabric. IBM also in 2019 also launched a new supply chain service caled Sterling Supply Chain Suite based on its blockchain platform and open-source software from recently-acquired Red Hat that allows developers and third-party apps to integrate legacy corporate data systems onto a distributed ledger.

Another large scale private deployment of blockchain technology in 2019 was when the OOC Oil & Gas Blockchain Consortium announced it completed a trial for blockchain-based authorization for expenditure (AFE) balloting after it acquired tech from Canadian firm GuildOne. The alliance consists of several major oil companies including Chevron, ExxonMobil and Shell. Automaker BMW and logistics provider DHL worked on a blockchain proof of concept (PoC) for the formers Asia Pacific supply chain operations to provide better visibility for parts shipped from Malaysia. In these two cases, it became clear that apart from open source technologies like Hyperledger or blockchain technologies from large vendors such as IBM, there are niche tech companies and consortiums working to develop in-house distributed ledgers for supply chains and trust/identity management.

In India, the enterprise adoption of blockchain is on the rise with multiple proof of concepts happening in both public and private enterprises. In fact, blockchain developer is Indias fastest growing emerging job role, as per a Linkedin report. To highlight the rising trend of private blockchain solutions, we saw in 2019 that major Indian IT solution providers like TCS, Infosys and Wipro launched their blockchain-focused products for businesses. Software major Infosys launched blockchain-powered distributed applications for government services, insurers and supply chain management verticals. The applications are planned for business systems to guarantee speedy deployment, and interoperability crosswise over divergent frameworks of significant value chain partners and cases including analytics and IoT (Internet of Things), Infosys said.

Services and consulting firm Tata Consultancy Services (TCS) introduced an innovative a low code development kit for organizations interested in developing and deploying blockchain technology quickly. The Quartz DevKit is a web-based development platform coupled with plug-and-play components that can be reused to help speed up the process. The company claims that these features enable shaving off as much as 40% of the total time required to develop and deploy the solutions. R Vivekananda, Global Head of Quartz at TCS, stated that they had received very positive feedback from pilot customers to their kit.

Unlike Infosys and TCS, Wipro made strides in enterprise payments space in partnership with blockchain firm R3, where the duo together developed a prototype in 2019 to execute digital currency payments for interbank financial settlements for a consortium consisting of the Bank of Thailand and 8 commercial banks in Thailand. Built as a component of the first phase of Project Inthanon, the solution will deliver de-centralized interbank real-time gross settlement (RTGS) using wholesale Central Bank Digital Currency (CBDC) in Thailand. The solution highlights that central banks across the globe are taking interest in hiring software companies to deploy blockchain solutions for payment and finance-related activities. It is to be noted that R3 developed a similar enterprise payments solution in 2019 with other companies too, including SAP and Accenture.

2019 saw multiple POCs coming into action for helping create enterprise blockchain networks for different purposes. The trend was clear- blockchain technologies created a trusted environment for data transmissions between virtual networks or devices while increasing efficiency of such exchanges. According to research, 75% of IoT technology implementers in America have already adopted distributed ledger or are working on adopting it by the end of 2020 out of more than 500 U.S. companies. Yet, Gartners Hype Cycle (above) for Blockchain Business also shows that most blockchain technologies are still 5-10 years away from transformational impact.

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How 2019 Was The Tipping Point For Adoption Of Private Blockchain Solutions - Analytics India Magazine

National Science Foundation to fund the development of a new cloud testbed – SDTimes.com

The National Science Foundation (NSF) Division of Computer and Network Systems has announced it will fund the development of a new cloud testbed, which will be designed for the research and development of new cloud computing platforms. To do so, the foundation is awarding a grant to three universities: Boston University, Northeastern University, and the University of Massachusetts Amherst.

Cloud computing plays an important role in supporting most software we use in our daily lives. This project will construct and support a testbed for research and experimentation into new cloud platforms the underlying software which provides cloud services to applications. Testbeds such as this are critical for enabling research into new cloud technologies research that requires experiments which potentially change the operation of the cloud itself. The new testbed will combine proven software technologies with a real production cloud enhanced with programmable hardware Field Programmable Gate Arrays (FPGA) capabilities not present in other facilities available to researchers today, the National Science Foundation wrote.

RELATED CONTENT: Moving to the cloud

The testbed, known as the Open Cloud Testbed, will leverage previously developed features from the CloudLab testbed with the Massachusetts Open Cloud (MOC). The MOC is a production cloud developed by government, academia, and industry.

An important part of the MOC has always been to enable cloud computing research by the academic community, said Orran Krieger, professor of Electrical and Computer Engineering at Boston University; co-director of the Red Hat Collaboratory; and PI at Massachusetts Open Cloud. This project dramatically expands our ability to support researchers both by providing much richer capabilities and by expanding from a regional to a national community of researchers.

According to Red Hat, while testbeds like this one are essential for enabling new cloud technologies, they are also important for ensuring that the services that they provide are efficient and accessible to a wide range of scientists.

The researchers will combine open-source technologies with a production cloud in order to close the gap in computing capabilities, which are currently only available to researchers. Red Hat hopes the testbed will accelerate innovation, and they will actively contribute research to the project.

This grant and the work being done by the MOC show how open source solutions can positively impact real-world challenges outside of enterprise data centers, Chris Wright, senior vice president and chief technology officer at Red Hat. Red Hat is no stranger to pioneering new ways in which open source software can be used for innovative research, and we are pleased to help drive this initiative in bringing open cloud technologies to a wider range of disciplines, from social sciences to physics, while also continuing our commitment to the next generation of open source practitioners.

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National Science Foundation to fund the development of a new cloud testbed - SDTimes.com

Julian Assanges extradition fight could turn on reports he was spied on for CIA – The Guardian

Julian Assanges fight against extradition to the US could last years, and his argument could hinge on reports he has been illegally spied upon and his sensitive information given to the CIA.

Meanwhile, more than 100 doctors from across the world have written to the Australian government, urging it to act and protect the life of its citizen, in a letter to be delivered to the foreign affairs minister on Tuesday, amid warnings Assanges health continues to deteriorate.

A judicial investigation by the Audiencia Nacional in Spain, the countrys national court, is acting on allegations that while Assange held asylum inside the Ecuadorian embassy in London, the Wikileaks founder was spied on, listened to and had his computer data scraped and that this information was sold to US intelligence agencies.

Speaking to the International Law Association in Sydney, Guy Goodwin-Gill, a professor of law at the University of New South Wales who has provided advice on asylum issues to the Assange legal team, said Assanges fight against extradition would be a long contest and that allegations he was being spied on would likely form part of legal arguments he could not receive a fair trial in the US.

Assange is currently being held in Londons Belmarsh prison, ahead of an extradition hearing that will begin in February. A US grand jury has indicted him on 18 charges 17 of which fall under the Espionage Act around conspiracy to receive, obtaining and disclosing classified diplomatic and military documents.

If convicted, Assange faces a prison term of up to 175 years.

Assanges European arrest warrant on allegations of sexual assault in Sweden has been cancelled, with prosecutors arguing there was little chance of a conviction being obtained.

But medical doctors have banded together to urge authorities to halt any extradition plans, as well as urgently release him for medical care outside of the prison.

That we, as doctors, feel ethically compelled to hold governments to account on medical grounds speaks volumes about the gravity of the medical, ethical and human rights travesties that are taking place, their letter, seen by the Guardian, states.

It is an extremely serious matter for an Australian citizens survival to be endangered by a foreign government obstructing his human right to health. It is an even more serious matter for that citizens own government to refuse to intervene, against historical precedent and numerous converging lines of medical advice.

A group of Australian MPs from across party lines have gathered to discuss what can be done for Assange, with hopes of meeting with him in Belmarsh ahead of his extradition hearing.

In allegations first reported by El Pais, a Spanish defence and private security company, Undercover Global SL, provided security for the Ecuadorian embassy, where Assange lived for seven years until April this year. According to a complaint lodged with the court by Assange, Undercover Global handed over audio and video of meetings Assange held with his lawyers and supporters inside the embassy to the CIA, breaching privacy laws and legal privilege.

Goodwin-Gill, the acting director of UNSWs Kaldor centre for international refugee law, told the International Law Association: UC Global set up a surveillance operation inside the Ecuadorian embassy: microphone, video cameras and eventually live-streaming, and it seems that everything was monitored, including lawyer-client meetings, and including the personal technical equipment of individuals who might be visiting Julian Assange at the embassy.

It appears documents videos and audio recordings have been supplied to the US authorities, probably the CIA, he said.

Included in sworn witness testimony provided to the Spanish court, Goodwin-Gill said, was evidence that a seven-hour meeting held between Assange and his legal team on Sunday 19 June 2016 was recorded. Goodwin-Gills name has been mentioned in testimony, alleging that the contents of his iPad, which had to be left outside the room during that meeting, were downloaded and the information passed to the US authorities.

Goodwin-Gill said the UK Extradition Act criticised often because it imposes unequal probable-cause standards for US and UK extraditions had a number of barriers to extradition that may be pursued by Assanges legal team.

The purported exception would see extradition refused if the court found that while the indictment purported to be made for an offence under the US Espionage Act, it was in fact made for the purpose of prosecuting or punishing the individual concerned on account of race, religion, nationality, gender, sexual orientation or political opinions.

The prejudice exception, similarly, says extradition can be refused if the court concludes that Assange might be prejudiced at his trial or punished, detained or restricted in his personal liberty by reason of his race, religion, nationality, gender, sexual orientation or political opinions.

Goodwin-Gill said European human rights law binding on the UK would also likely form part of Assanges argument to resist extradition. Article six of the European Convention on Human Rights guarantees a fair trial, while article three protects an accused person from inhuman or degrading treatment or punishment.

There, I think, is some potential for success, Goodwin-Gill said. Because I think it is not unlikely that if the European court, or indeed the British court, were to be persuaded that a sentence of 175 years was likely, that might well be considered against the background of European jurisprudence as cruel and inhuman.

Goodwin-Gill said Assanges contestating of the US extradition request could take years, decided first by the magistrates court, then the court of appeal, the UK supreme court and then, potentially, going before the European court of human rights in Strasbourg.

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Julian Assanges extradition fight could turn on reports he was spied on for CIA - The Guardian