Google Play Store Removes Cryptocurrency News Apps With No Explanation – International Business Times

KEY POINTS

Google's crypto attacks resume this month, affecting two new victims: major cryptocurrency news site Coindesk and Cointelegraph.

The two news sites for all things crypto and blockchain, along with several others, were reported to be unavailable to Android users as it disappeared on Google Play Store as of 2:00 p.m. ET Monday. The advertising giant didn't offer any explanation for its unanticipated move.

Cointelegraph, who first reported the banning, stated they operated much as they always have and couldn't determine what Google's reason is for removing its app on the Play Store.

Does Google hate crypto?

The Alphabet-owned company seems to be the bully on the playground with a few instances in the past of pushing cryptocurrencies around. In 2018, Google also banned crypto-related ads, blocking content about initial coin offerings (ICOs), crypto exchanges, wallets, and trading advice. Chrome extensions that mine cryptos were also prohibited on Google's web browser.

Also, in December, Youtube, whose parent company is Google,deleted several videos and channels of popular crypto influencers that drew loud protests from the entire crypto community. The video-sharing platform later was forced to label everything as an "error." Still, despite reinstating some of the channels and videos, the same banning happened again, not a month later.

Popular crypto Youtuber Chris Dunn tweeted, "For those who messaged me saying, 'Move on, the YouTube censorship problem is over. It was just a mistake.' Nothing has changed. Creators are still getting hit and, as far as I know, nobody's gotten straight answers."

It is also worth noticing that the news sites weren't the only apps that were prevented from appearing on the Play Store, Google also removed MetaMask, an Ethereum (ETH) wallet, and decentralized app (DApp) browser. It also rejected any appeals to revert its decision. Google noted that MetaMask was in violation of its financial services policies.

"I very much hope that this was an honest mistake on the part of Google's reviewers, but in combination with all the crypto YouTube bans, it definitely puts me at disease about how Google is engaging with decentralizing technologies. If people accept this behavior from a mobile monopoly like Google, we may not deserve something better," co-lead developer Dan Findlay for MetaMask told Cointelegraph.

Google and Facebook say they are seeking to promote credible information while limiting the spread of hoaxes about the deadly coronavirus epidemic Photo: AFP / DENIS CHARLET

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Google Play Store Removes Cryptocurrency News Apps With No Explanation - International Business Times

Treasury Convenes Cryptocurrency Working Session with Industry Leaders – marketscreener.com

WASHINGTON-Today, the U.S. Treasury Department convened a meeting of industry thought leaders and compliance experts to discuss supervisory and regulatory challenges facing digital assets, including cryptocurrency.

'The U.S. welcomes responsible innovation, including new technologies that may improve the efficiency of the financial system,' said Secretary Steven T. Mnuchin. 'We must ensure that we balance innovation with the need to protect our national security and maintain the integrity of our financial system.'

Treasury is focused on preventing the misuse of virtual currencies by money launderers, terrorist financiers, and other bad actors. The United States will continue to be at the forefront of regulating entities that provide cryptocurrency, and will not tolerate the use of cryptocurrencies in support of illicit activities.

####

Disclaimer

U.S. Department of the Treasury published this content on 02 March 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 March 2020 20:32:07 UTC

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Julian Assange Lawyer: Whats at Stake in Extradition Case Is Freedom of the Press – Havana Times

AMY GOODMAN: This is Democracy Now!, democracynow.org, The War and Peace Report. Im Amy Goodman, as we turn now to the extradition hearing for WikiLeaks founder Julian Assange, which a British judge has suspended after four days of intense deliberations last week between Assanges lawyers and attorneys representing the U.S. government. Assange faces 18 charges of attempted hacking and breaches of the Espionage Act for his role in publishing classified documents exposing U.S. war crimes in Iraq and Afghanistan. He could be sentenced to up to 175 years in prison. Judge Vanessa Baraitser ordered the legal teams to reconvene in the middle of May for the remainder of the extradition hearing, where witnesses will be cross-examined. This is Julian Assanges father, John Shipton, outside Woolwich Crown Court last week.

JOHN SHIPTON: The oppression of journalism; the ceaseless malice directed against Julian Assange by the authorities; the 10-year-long arbitrary detention of Julian, as witnessed by the United Nations Working Group on Arbitrary Detention; the torture of Julian, as witnessed by Nils Melzer, the United Nations rapporteur on torture all of those reports are available. That is what will happen to journalists, publishers and publications, if this extradition, this political extradition, of Julian Assange is successful.

AMY GOODMAN: That was Julian Assanges father, John Shipton. Julian Assange has been imprisoned at Londons Belmarsh prison since last September, where he first served a 50-week jail sentence for breaching his bail conditions. Since 2012, he had taken refuge in Ecuadors London Embassy to avoid extradition to Sweden over sexual assault allegations. During his time in the Ecuadorian Embassy, Assange was reportedly spied on by a Spanish security firm. Julian Assange says the CIA was behind the illegal 24/7 surveillance.

For more, were joined by, well, one of the people who was spied on, Jennifer Robinson, the human rights attorney whos been advising Julian Assange and WikiLeaks since 2010.

Jen Robinson, welcome back to Democracy Now! Thanks for joining us from London. Can you describe the four days of hearings, just physically in the courtroom in London, and what Julian Assange faces?

JENNIFER ROBINSON: Obviously, weve just had a week of hearings. Julian Assange faces, as you said, 175 years in prison for publications back in 2010 that were released to WikiLeaks by Chelsea Manning. And I think its important to remember what this case is really about and the publications for which hes being prosecuted and sought for extradition. That includes Iraq War Logs, the Afghan War Diaries, showing civilian casualties and abuse of detainees in Iraq and Afghanistan, war crimes, human rights abuse. The same with Cablegate war crimes, human rights abuse, corruption the world over.

So, for four days last week, there was a packed-out courtroom filled with the public gallery was packed, the journalist section was packed to finally hear, after 10 years of the U.S. preparing this case against WikiLeaks, a grand jury investigation that was opened under the Obama administration and an indictment pursued now by the Trump administration. We finally heard the U.S. case. And, of course, we heard nothing new, nothing new since Chelsea Mannings prosecution back in 2012.

What is important, though, is that what the court finally heard is the defense case. And a number of arguments were put forward by our team, including the Espionage Act. This is an unprecedented use of the Espionage Act against a publisher, which is, of course, a political offense and ought to be barred from under the terms of the U.S.-U.K. extradition treaty. There should be extradition should be barred on that basis.

We also heard evidence about the grave threat that this poses to press freedom, not just for journalists inside the United States, but for journalists everywhere around the world, because of the precedent this case sets, that the United States could seek to extradite and prosecute journalists and publishers from around the world for publishing truthful information about the United States.

We also heard evidence about how the United States indictment has misrepresented the facts, including making the false allegation that Julian Assange had recklessly and deliberately put lives at risk. And we heard evidence in the court this week about the technological security measures that WikiLeaks imposed upon their media partners and the redaction processes that were undertaken to protect anyone at risk in those publications.

It was a long week of hearings. And I think its important that people start to see the true facts of this. Of course, Chelsea Manning remains in prison in the United States right now, but we heard evidence from her prosecution, in these proceedings, demonstrating that Chelsea Manning had in fact provided this information to WikiLeaks based on her own conscience, having seen war crimes, the murder of civilians, the murder of journalists by United States forces, which is what drove her to release the material to WikiLeaks. So, it was a long week of hearings, an important one for Julian.

AMY GOODMAN: So, Jennifer Robinson, can you describe the courtroom where Julian Assange was held at the back of the courtroom, as is the custom? Was he in a cage? Was he able to hear the proceedings, consult? Were you in the front with the other lawyers? Youre his legal adviser.

JENNIFER ROBINSON: Thats correct. So, throughout the hearings, Julian was sat at the back of the courtroom, which is behind where we sit as his legal counsel, in, effectively, a glass box, in the dock. Now, this creates significant amount of difficulties for us as his legal team in communicating with him during the course of the proceedings, which was raised as a concern on the final day of the hearing. He sits behind us, which means while were paying attention to the judge and submissions in front, we cant see when hes raising concern or seeking clarification or offering information to us about what hes hearing in court. The entire courtroom, including the public gallery and journalists, were alerted to the fact whenever he wants to raise a question with us. And, of course, if hes whispering to us or trying to get our attention in the court, the U.S. prosecutors sitting right next to us in court can hear everything. So we made an application at the end of the week in order to allow him to leave the dock. And, of course, for your U.S. viewers, it would seem strange that a defendant who does not pose any security risk would not be permitted to sit next to their defense counsel, which is standard practice in the United States. But the judge refused our application.

We also heard evidence of the mistreatment that Julian suffered, not just the difficulties he has in court in communicating with us in a secure and confidential manner, but also the treatment that hes been receiving from prison authorities. Just on the first day of the hearing, we heard that he was handcuffed 11 times, strip-searched twice and had his legal papers interfered with and taken away from him. This is indicative of the kinds of treatment that hes been suffering, and is, of course, the most recent in a long history of difficulties that weve been having in preparing his case, with difficulties of access to him in the prison, difficulties in getting him getting sufficient time with him to review and take his instructions of the very complex evidence that needs to be presented in the court. And it goes to show, I think, the obstacles and the challenges that we face and that he faces in properly defending himself in these proceedings.

AMY GOODMAN: He said Wednesday, I am as much a participant in these proceedings as I am watching Wimbledon, again, complaining that he could not communicate with you, with the lawyers overall. Now, the U.S. attorneys argue that his case is not political. Explain what you think are the most significant war crimes that he provided evidence of and what it means if he came to this country. How is it possible he, an Australian citizen, faces 175 years for treason in the United States?

JENNIFER ROBINSON: Of course this case is inherently political, whether you look at the terms the offenses for which hes been charged, including numerous offenses under the Espionage Act, which encapsulate and capture traditional journalistic activities. The Espionage Act itself as an offense is a political offense in substance. But we also need to look at the political context in which this prosecution and extradition request comes. This is, of course, in the context of the Trump administration, a president who calls the media the enemy of the people. We have learnt, since Julian was arrested and this extradition request and superceding indictment came through, that the Obama administration had taken a decision not to prosecute under the Espionage Act because of what the so-called New York Times problem that is, that you cannot distinguish between the actions of WikiLeaks and The New York Times in receiving and publishing this information.

We also say that beyond the political nature of the offense and the political context in which he would be charged, the U.S. prosecution seemed to tried to argue this week, this past week, that what WikiLeaks did and Julian did in publishing this information was not a political act. And, of course, we heard evidence in the court about Julians very well-known political views, that we heard with respect to WikiLeaks and the aims and why WikiLeaks was created by him. We heard, with respect to the Iraq War Logs, WikiLeaks Julian saying, with the release, If lies can start a war, then the truth can stop them. And we heard evidence about how the publication of evidence of war crimes, in the context of the Iraq War, both with respect to, for example, Collateral Murder, which was evidence of a war crime and U.S. troops killing journalists and civilians, but also, more broadly, about torture of detainees how evidence of that in fact led to the Iraqi government withdrawing the immunity for U.S. troops and the ultimate withdrawal of American forces from Iraq. So, of course, what were seeing is that WikiLeaks not only published information of important human rights abuse it was certainly in the public interest, and for which theyve won journalism awards the world over but that in fact resulted in a change in U.S. policy. And we say that that makes it a political offense.

AMY GOODMAN: Finally, Jen Robinson, how is Julian Assanges health?

JENNIFER ROBINSON: We remain very concerned about his health. Of course, he had more than seven years inside the Ecuadorian Embassy without access to healthcare, because the U.K. government refused to recognize his asylum, an asylum that was granted to him by Ecuador, not to hide from Sweden, as your introduction suggested, but to protect him from U.S. extradition, the very outcome that hes facing right now.

Inside prison, he is in difficult conditions. This is a high-security prison. Hes been in effective isolation for much of the time hes been inside the prison. And you heard me earlier explain the treatment hes been suffering between the prison and the court each time for his hearing, including being handcuffed numerous times, strip searches and the like. This is, of course, compounding our existing concerns about his health. And we heard in court, too, psychiatric evidence thats being put before the court about concerns about his ability to withstand the sorts of treatment he will suffer in U.S. prisons under special administrative measures if he was returned to the United States. So it is a very serious situation and one that is under constant monitoring at our end.

AMY GOODMAN: Jen Robinson, I want to thank you for being with us, human rights attorney. She is legal adviser for Julian Assange and WikiLeaks since 2010.

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Julian Assange Lawyer: Whats at Stake in Extradition Case Is Freedom of the Press - Havana Times

Assange tried to call White House, Hillary Clinton over data dump, his lawyer says – WTVB News

Tuesday, February 25, 2020 9:54 a.m. EST by Thomson Reuters

By Michael Holden

LONDON (Reuters) - Julian Assange tried to contact Hillary Clinton and the White House when he realised that unredacted U.S. diplomatic cables given to WikiLeaks were about to be dumped on the internet, his lawyer told his London extradition hearing on Tuesday.

Assange is being sought by the United States on 18 counts of hacking U.S. government computers and an espionage offence, having allegedly conspired with Chelsea Manning, then a U.S. soldier known as Bradley Manning, to leak hundreds of thousands of secret documents by WikiLeaks almost a decade ago.

On Monday, the lawyer representing the United States told the hearing that Assange, 48, was wanted for crimes that had endangered people in Iraq, Iran and Afghanistan who had helped the West, some of whom later disappeared. [nL5N2AO0W5]

U.S. authorities say his actions in recklessly publishing unredacted classified diplomatic cables put informants, dissidents, journalists and human rights activists at risk of torture, abuse or death.

Outlining part of his defence, Assange's lawyer Mark Summers said allegations that he had helped Manning to break a government password, had encouraged the theft of secret data and knowingly put lives in danger were "lies, lies and more lies".

He told London's Woolwich Crown Court that WikiLeaks had received documents from Manning in April 2010. He then made a deal with a number of newspapers, including the New York Times, Britain's Guardian and Germany's Der Spiegel, to begin releasing redacted parts of the 250,000 cables in November that year.

A witness from Der Spiegel said the U.S. State Department had been involved in suggesting redactions in conference calls, Summers said.

However, a password that allowed access to the full unredacted material was published in a book by Guardian reporters about WikiLeaks in February 2011. In August, another German newspaper reported it had discovered the password and it had access to the archive.

A spokesman for The Guardian said the authors were told the password was temporary and the book contained no details about the whereabouts of the files.

PEOPLE'S LIVES "AT RISK"

Summers said Assange attempted to warn the U.S. government, calling the White House and attempting to speak to then- Secretary of State Clinton, saying "unless we do something, people's lives are put at risk".

Summers said the State Department had responded by suggesting that Assange call back "in a couple of hours".

The United States asked Britain to extradite Assange last year after he was pulled from the Ecuador embassy in London, where he had spent seven years holed up avoiding extradition to Sweden over sex crime allegations which have since been dropped.

Assange has served a prison sentence in Britain for skipping bail and remains jailed pending the U.S. extradition request

Supporters hail Assange as an anti-establishment hero who revealed governments' abuses of power, and argue the action against him is a dangerous infringement of journalists' rights. Critics cast him as a dangerous enemy of the state who has undermined Western security.

(Reporting by Michael Holden; Editing by Gareth Jones and Giles Elgood)

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Assange tried to call White House, Hillary Clinton over data dump, his lawyer says - WTVB News

New Intel chip could accelerate the advent of quantum computing – RedShark News

The marathon to achieve the promise of quantum computers hasedged a few steps forward as Intel unveils a new chip capable, it believes, of accelerating the process.

Called Horse Ridgeand named after one of the coldest places in Oregon, the system-on-chip can control a total of 128 qubits (quantum bits) which is more than double the number of qubits Intel heralded in its Tangle Lake test chip in early 2018.

While companies like IBM and Microsoft have been leapfrogging each other with systems capable of handling ever greater qubits the breakthrough in this case appears to be an ability to lead to more efficient quantum computers by allowing one chip to handle more tasks. It is therefore a step toward moving quantum computing from the lab and into real commercial viability.

Applying quantum computing to practical problems hinges on the ability to scale, and control, thousands of qubits at the same time with high levels of fidelity. Intel suggests Horse Ridge greatly simplifies current complex electronics required to operate a quantum system.

To recap why this is important lets take it for read that Quantum computing has the potential to tackle problems conventional computers cant by leveraging a phenomena of quantum physics: that Qubits can exist in multiple states simultaneously. As a result, they are able to conduct a large number of calculations at the same time.

This can dramatically speed up complex problem-solving from years to a matter of minutes. But in order for these qubits to do their jobs, hundreds of connective wires have to be strung into and out of the cryogenic refrigerator where quantum computing occurs (at temperatures colder than deep space).

The extensive control cabling for each qubit drastically hinders the ability to control the hundreds or thousands of qubits that will be required to demonstrate quantum practicality in the lab not to mention the millions of qubits that will be required for a commercially viable quantum solution in the real world.

Researchers outlined the capability of Horse Ridge in a paper presented at the 2020 International Solid-State Circuits Conference in San Francisco and co-written by collaborators at Dutch institute QuTech.

The integrated SoC design is described as being implemented using Intels 22nm FFL (FinFET Low Power) CMOS technology and integrates four radio frequency channels into a single device. Each channel is able to control up to 32 qubits leveraging frequency multiplexing a technique that divides the total bandwidth available into a series of non-overlapping frequency bands, each of which is used to carry a separate signal.

With these four channels, Horse Ridge can potentially control up to 128 qubits with a single device, substantially reducing the number of cables and rack instrumentations previously required.

The paper goes on to argue that increases in qubit count trigger other issues that challenge the capacity and operation of the quantum system. One such potential impact is a decline in qubit fidelity and performance. In developing Horse Ridge, Intel optimised the multiplexing technology that enables the system to scale and reduce errors from crosstalk among qubits.

While developing control systems isnt, evidently, as hype-worthy as the increase in qubit count has been, it is a necessity, says Jim Clarke, director of quantum hardware, Intel Labs. Horse Ridge could take quantum practicality to the finish line much faster than is currently possible. By systematically working to scale to thousands of qubits required for quantum practicality, were continuing to make steady progress toward making commercially viable quantum computing a reality in our future.

Intels own research suggests it will most likely take at least thousands of qubits working reliably together before the first practical problems can be solved via quantum computing. Other estimates suggest it will require at least one million qubits.

Intel is exploring silicon spin qubits, which have the potential to operate at temperatures as high as 1 kelvin. This research paves the way for integrating silicon spin qubit devices and the cryogenic controls of Horse Ridge to create a solution that delivers the qubits and controls in one package.

Quantum computer applications are thought to include drug development high on the worlds list of priorities just now, logistics optimisation (that is, finding the most efficient way from any number of possible travel routes) and natural disaster prediction.

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New Intel chip could accelerate the advent of quantum computing - RedShark News

This Week’s Awesome Tech Stories From Around the Web (Through February 29) – Singularity Hub

COMPUTING

Inside the Race to Build the Best Quantum Computer on EarthGideon Lichfield | MIT Technology ReviewRegardless of whether you agree with Googles position [on quantum supremacy] or IBMs, the next goal is clear, Oliver says: to build a quantum computer that can do something useful. The trouble is that its nearly impossible to predict what the first useful task will be, or how big a computer will be needed to perform it.

Were Not Prepared for the End of Moores LawDavid Rotman | MIT Technology ReviewQuantum computing, carbon nanotube transistors, even spintronics, are enticing possibilitiesbut none are obvious replacements for the promise that Gordon Moore first saw in a simple integrated circuit. We need the research investments now to find out, though. Because one prediction is pretty much certain to come true: were always going to want more computing power.

Flippy the Burger-Flipping Robot Is Changing the Face of Fast Food as We Know ItLuke Dormehl | Digital TrendsFlippy is the result of the Miso teams robotics expertise, coupled with that industry-specific knowledge. Its a burger-flipping robot arm thats equipped with both thermal and regular vision, which grills burgers to order while also advising human collaborators in the kitchen when they need to add cheese or prep buns for serving.

The Next Generation of Batteries Could Be Built by VirusesDaniel Oberhaus | Wired[MIT bioengineering professor Angela Belcher has] made viruses that can work with over 150 different materials and demonstrated that her technique can be used to manufacture other materials like solar cells. Belchers dream of zipping around in a virus-powered car still hasnt come true, but after years of work she and her colleagues at MIT are on the cusp of taking the technology out of the lab and into the real world.

Biggest Cosmic Explosion Ever Detected Left Huge Dent in SpaceHannah Devlin | The GuardianThe biggest cosmic explosion on record has been detectedan event so powerful that it punched a dent the size of 15 Milky Ways in the surrounding space. The eruption is thought to have originated at a supermassive black hole in the Ophiuchus galaxy cluster, which is about 390 million light years from Earth.

Star Treks Warp Speed Would Have Tragic ConsequencesCassidy Ward | SyFyThe various crews ofTreks slate of television shows and movies can get from here to there without much fanfare. Seeking out new worlds and new civilizations is no more difficult than gassing up the car and packing a cooler full of junk food. And they dont even need to do that! The replicators will crank out a bologna sandwich just like mom used to make. All thats left is to go, but what happens then?

Image Credit: sergio souza /Pexels

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MITs Top 5 tech breakthroughs for 2020 – Big Think

MIT is no stranger to technology. It's one of the world's most productive and forward-facing tech research organizations. So when MIT gets excited looking forward, it only makes sense to sneak a peak at what they're seeing. MIT recently just published their top 10 technological breakthroughs for 2020 and just beyond. Below are the first five on their list. Each one is an advance that MIT sees as genuinely changing our lives.

Image source: Umberto/unsplash

MIT says: Later this year, Dutch researchers will complete a quantum internet between Delft and the Hague.

Think of a coin. Lay it flat on a table, and it's either heads and tails. This is more or less how things work in the world at larger scales. To see what things are like at a much smaller, quantum size, spin the coin on the table and observe it from above. From our perspective, the coin's state could then be described as being both head and tails at the same time since it's neither one exactly. Being in this rapidly changing condition is like being in "superposition" in quantum physics.

To see, or measure, the coin's head/tails state at any given moment, you'd have to stop it spinning, perhaps flattening it down to the table, where it would be stopped as either head or tails. Thus measured, the coin would be taken it out of superposition. Just like entangled quantum particles.

In classical computing system, data objects are represented by bits, strings of data comprised of zeros and ones, AKA heads or tails. In the quantum world, however, what needs to be represented is that "spinning coin"of superposition in its as-yet-unresolved state. So quantum computing uses "qubits" instead of bits.

Obviously, being able to represent data with qubits objects that collapse out of superposition if they're intercepted or tampered with is an attractive prospect for an increasingly security-conscious world, a natural foundation on which to build a super-secure quantum internet.

Still, qubits are far more complex than bits, and thus harder to process and exchange. Even worse, as our spinning coin will eventually stop spinning and resolve as heads or tails (Inception aside), qubits lose their superimposition after a while, making retaining and exchanging them in a superimposed a serious challenge. While there are various combinations of classical and quantum internets and encryption keys under consideration and construction, they all share a need for the robust, accurate transmission of qubits over long distances.

Now scientists of the Quantum Internet Alliance initiative have announced that they're in the process of building the world's first purely quantum network. It incorporates new quantum repeaters that allow qubits to be passed along long distances without being corrupted or losing their superposition. The group published a paper last October laying out their vision for an Arpanet-type quantum prototype stretching between Delft and the Hague by the end of this decade. (Here's a great explainer.)

Stephanie Wehner of QuTech, a quantum computing and internet center at Delft University of Technology, is coordinator of the project:

"With this very extensive simulation platform we've recently built, which is now running on a supercomputer, we can explore different quantum network configurations and gain an understanding of properties which are very difficult to predict analytically. This way we hope to find a scalable design that can enable quantum communication across all of Europe."

Image source: National Cancer Institute/unsplash

MIT says: Novel drugs are being designed to treat unique genetic mutations.

Developing treatments for any condition can be difficult and expensive, and it behooves researchers to get the most bang for their buck by concentrating on formulating solutions for diseases that afflict large groups of people. Hand in hand with this is a need for generalized remedies that address characteristics the whole group shares.

This is changing, says MIT, with gene editing offering the potential for transforming medicine from the traditional "one size fits all" approach to a more effective, personalized, or "n-of-1," approach. This new form of medicine involves targeting and manipulation of an individual patient's genes, with the application of rapidly maturing technologies for gene replacement including gene editing, and antisensing that removes or corrects problem-causing genetic messages. "What the treatments have in common," says MIT, "is that they can be programmed, in digital fashion and with digital speed, to correct or compensate for inherited diseases, letter for DNA letter." Treatments may also individually be optimized to avoid contemporary medicine's often harsh side effects.

If gene editing lives up to its promise, medicine is about to become radically more successful and humane.

Image source: Artwell/Shutterstock

MIT says: The rise of digital currency has massive ramifications for financial privacy.

While Bitcoin is, as of this writing, collapsing, it's nonetheless clear that purely digital monetary systems have considerable appeal: No more germ-encrusted metal and paper money, and, perhaps more importantly, an opportunity for governments and their central banks to more closely control currency and to instantly execute monetary policy changes.

The truth is we've been halfway there for a long time, currencies such as Bitcoin and Libra notwithstanding. The money in our bank accounts is virtual we personally possess no plies of physical cash at our local bank. Electronic purchasing with credit and debit cards is the norm for most of us, and when large movements of cash occur between banks, they do so in the digital domain. It's all been mostly bytes and bits for some time. What we currently have is a mish-mash of physical and digital money, and MIT predicts the imminent arrival of purely digital monetary systems. (Buh-bye, folding money and pocket change.)

In 2014, China began quietly exploring and building their Digital Currency/Electronic Payments system, or DC/EP. According to OZY, they've already applied for 84 patents for various innovations their new system requires.

One of China's goals is to construct an on-ramp making it easy for citizens to switch to an all-digital system. "Virtually all of these patent applications," Marc Kaufman of Rimon Law, tells OZY, "relate to integrating a system of digital currency into the existing banking infrastructure." The country's developing systems that allow people to swap traditional money for digital currency, as well chip card and digital wallets from which the currency may be spent.

Clearly, an all-digital monetary system presents privacy issues, since all of one's money would presumably be visible to governmental agencies unless adequate privacy protections are implemented. Developing that protection is going to require a deeper exploration of privacy itself, a discussion that has been overdue since the dawn of the internet.

Image source: Halfpoint/Shutterstock

MIT says: Drugs that try to treat ailments by targeting a natural aging process in the body have shown promise.

Strides are being made toward the production of new drugs for conditions that commonly accompany getting older. They don't stop the aging process, but the hope is that in the next five years, scientists may be able to delay some of aging's effects.

Senolytics are a new form of drugs under development that are designed to clean out unwanted stuff that often accumulates in us as we age. These senescent cells can wind up as plaque on brain cells, and as deposits that cause inflammation inhibiting healthy cell maintenance, and leaving toxins in our bodies.

While trials by San Franciscobased Unity Biotechnology are now underway for a senolytic medication targeting osteoarthritis of the knee, MIT notes that other aging-related ailments are getting a promising fresh look as well. For example, one company, Alkahest, specializing in Parkinson's and dementia, is investigating the extraction of certain components of young people's blood for injection into Alzheimer's patients in the hopes of arresting cognitive and functional decline (Oh, hi, Keith Richards.). And researchers at Drexel University College of Medicine are investigating the use of an existing drug, rapamycin, as an anti-aging skin creme.

Image source: Sharon Pittaway/unsplash

MIT says: Scientists have used AI to discover promising drug-like compounds.

Drugs are built from compounds, combinations of molecules that together produce some sort of medically useful effect. Scientists often find that known compounds can have surprising medical value recent research found that 50 non-cancer drugs can fight cancer in addition to their previously known uses.

But what about new compounds? MIT notes there may be as many as 1060 molecule combinations yet to be discovered, "more than all the atoms in the solar system."

AI can help. It can sift through molecule properties recorded in existing databases to identify combinations that may have promise as drugs. Operating much more quickly and inexpensive than humans can, machine learning techniques may revolutionize the search for new medicines.

Researchers at Hong Kongbased Insilico Medicine and the University of Toronto announced last September that AI algorithms had picked out about 30,000 unexplored molecule combinations, eventually winnowing that list down to six especially promising new medical compounds. Synthesis and subsequent animal testing revealed one of them to be especially interesting as a drug. One out of six out of 30,000 may not seem that impressive, but AI and machine learning are quickly evolving.

MIT predicts that in 3-5 years, such investigations will be regularly bearing fruit.

The other five items on MIT's list are:

6. Satellite mega-constellations7. Quantum supremacy8. Tiny AI9. Differential privacy10. Climate change attribution

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MITs Top 5 tech breakthroughs for 2020 - Big Think

Coronavirus just caused the American Physical Society to cancel its biggest meeting of the year – Science Magazine

By Adrian ChoMar. 1, 2020 , 12:12 PM

Citing thegrowing threat of the coronavirus, the American Physical Society (APS), the 55,000 member professional society for physicists and researchers in associated fields, cancelled its largest meeting of the year just 34 hours before it was supposed to begin. APSs March Meeting was to be held this week at the Colorado Convention Center in Denver, and the society anticipated more than 10,000 people from all over the world would attend. However, late yesterday, APS issued a statementabruptly calling off the meeting.

The decision to cancel was based on the latest scientific data being reported, and the fact that a large number of attendees at this meeting are coming from outside the U.S., including countries where the virus is circulating and for which the U.S. Centers for Disease Control and Prevention have advised people to avoid non-essential travel, the APS statement says. [T]his decision was made out of deep concern for the health and well-being of our registrants, staff, vendors, and the Denver community.

Unfortunately for many researchers, the notice came only after theyd arrived in Denver.Holy sh*t! #apsmarch meeting is cancelled!,tweeted Kees Storm, an expert in the theory of polymers and soft matter from Eindhoven University of Technology in the Netherlands. 1000s of people must already be here in Denver, this is major. No idea what I should do now; already here and all booked for a whole week... He later tweeted that he had calmed down and was able to book an earlier flight home.

Others worried about the costs, especially for the thousands of graduate students who typically give contributed talks at the meeting.I understand their decision, but horrible timing,tweeted Una Goncin, a graduate student at the University of Saskatchewan. I feel esp sorry for all the grad students who will have to pay out of pocket for this! APS says it will refund the conference registration fees, which can range up to $695 dollars for regular members and $305 for graduate-student members, and will try to help registrants recoup fees for unused hotel reservations.

Generally, physicists in Denver and elsewhere appeared to be trying to make the best of the situation, with many proposing to post talks on the internet.Maybe this can also become a thing[for future meetings] and we can help those unable to travel and also reduce some carbon output, tweeted Christopher Savoie, cofounder and CEO of Zapata Computing, a quantum computing company spun out of Harvard University.

APS leadership now faces a similar decision for its other big annual confab, the somewhat smaller April Meeting, which is scheduled for 18-21 April in Washington, DC. Elsewhere in the world, the coronovirus outbreak has already snarled research, causing the cancellation or postponement of meetings and research efforts.

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Coronavirus just caused the American Physical Society to cancel its biggest meeting of the year - Science Magazine

Global Quantum Computing Market is said to have a potential scope for growth in the years by 2025- D-Wave Systems, Google, IBM, Intel, Microsoft -…

Global Quantum Computing Market 2020-2025

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Top Players Included In This Report:D-Wave SystemsGoogleIBMIntelMicrosoft1QB Information TechnologiesAnyon SystemsCambridge Quantum ComputingID QuantiqueIonQQbitLogicQC WareQuantum CircuitsQubitekkQxBranchRigetti Computing

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Few Points From TOC:1 Scope of the Report2 Executive Summary3 Global Quantum Computing by Players4 Quantum Computing by RegionsContinued

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Global Quantum Computing Market is said to have a potential scope for growth in the years by 2025- D-Wave Systems, Google, IBM, Intel, Microsoft -...

Guest Post: Investing in deep tech is akin to investing in the future – DealStreetAsia

Deep technology has the potential to solve the worlds biggest societal issues. This has not gone unnoticed by nations Singapore, for example, has injected an additional S$300 million into its Startup SG Equity scheme in its recent Budget 2020 announcement, to support the commercialisation of startups whose businesses are based on innovative research.

However, with multiple layers of technicalities and complexities involved, transformational deep tech can be a tricky venture for investors, especially non-tech ones, to get into. While some practice the spray and pray approach by channelling funds into every technology company with hopes for one to become the next unicorn, the same approach might not be feasible for deep tech, given that larger, more patient capital is required.

Despite the challenges, deep tech can translate to impactful returns on a global scale. For investors, it pays to understand developments in science and technology. Here are some key trends we have identified.

AI is here to stay

Artificial intelligence (AI) has been trending on almost every investors list, so it is unsurprising to see it remain a key investment area in 2020.

While AI has been touted as the be-all-end-all technology of the future, it is still currently limited to managing simple, specific tasks. However, as we are still quite a distance from achieving artificial general intelligence the stage where machines can perform any tasks a human can a safer bet would be to identify gaps into which AI in its current state of maturity can readily pug.

For instance, AI companies in banking can resolve specific pain points such as speeding up know your customer or anti-money laundering processes.

The resurgence of Medtech and healthcare AI

As societies struggle to cope with ageing populations, demand for quality healthcare will continue to rise exponentially across the world. In fact, the medical technology market in Asia is poised to grow to about $133 billion this year, surpassing the European Union as the second-largest market globally.

We are witnessing medtech companies emerging from stealth after years of undergoing proofs-of-concept and clinical trials. One of our portfolio companies, See-Mode, which helps clinicians improve prediction and assessment of stroke and vascular disease through AI, received a Class B medical device approval from the Singapore Health Sciences Authority for its augmented vascular analysis product and is set to close its first commercial contracts.

In 2020, we expect more medtech players coming to the fore, pushing out innovations with successful case studies and putting investment dollars to good use.

Cracking the quantum code

Quantum technology may sound like science fiction, but we believe that it is an inevitable technology. It has the potential to be a game-changer in a wide range of real-life applications from superfast data processing and computing, defence and security, to managing energy use and production. Recognising this, nations and tech giants like Amazon, Microsoft, IBM and Google are pouring more money into this space.

This nascent sector is both new and expensive, making it difficult for investors to gauge the kind of returns they may see and when. Our view as investors in early-stage quantum companies is to identify those that create an environment which will make quantum computing more accessible to all. The hardware configuration of a general quantum computer is still the subject of debate so unless you have deep pockets, quantum may not be an area the average VC would want to consider.

Sowing the seeds for growth

As a result of climate change and the rapidly growing population, the world is set to face a 56 percent shortfall in food nutrition by 2050. For countries like Singapore, which relies on food imports, finding solutions towards self-sufficiency is critical.

Consumers are also becoming more socially conscious and selective in the food they consume, developing greater appetites for more sustainably produced foods.

These trends are driving demand, leading to greater investor interest in agriculture and food technology startups. We foresee this to be an area of interest in the coming year.

Autonomous vehicles on the move

Thanks to strong support from the Singapore government along its Smart Nation journey, development for autonomous vehicles (AVs) has shifted into gear in the last year with autonomous forklifts being tested in warehouses and autonomous trucks being trialled at the Port of Singapore.

However, there are still many technological, infrastructural (including insurance) and regulatory challenges to consider before we see the mass deployment of true Level 5 vehicles or vehicles with full driver automation. In the meantime, technologies that enhance existing sensors, energy storage, navigation and decision support components essential for AVs will offer startups a chance to monetise in the interim period before Level 5 vehicles hit the road.

These components can be deployed as part of existing vehicles and infrastructure, giving them an earlier time-to-market, while the development of a full AV takes place in parallel.

Taking the deep tech leap

Investing in deep tech is akin to investing in the future. Whether its in areas of sustainability, mobility or health, we believe that in deep tech lies the path to solving some of mankinds biggest challenges. The history of technology has proven that those willing to take the plunge early will reap the biggest rewards. That said, as pragmatic investors, we are highly selective as to what areas to place our bets in. It is perhaps more important that a company can to go the distance until its category matures, than for the company to have the brightest, shiniest technology.

Despite its challenges, deep tech is an investment territory with immense potential and opportunities. Those who take the plunge, capitalise and harvest these opportunities now stand to make a positive impact on the world.

Hsien-Hui Tong is the head of venture investing at SGInnovate.

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Guest Post: Investing in deep tech is akin to investing in the future - DealStreetAsia