Vitalik Buterin: How Ethereum will help heal the world – Decrypt

Ethereum co-founder Vitalik Buterin appeared at Ethereal Summit 2020 today, where he discussed Ethereums possible role in a post-coronavirus future, and whether the current crisis would trigger an influx of users into cryptocurrency.

Speaking to The Defiants Camila Russo, Buterin suggested Ethereum could be the glue that holds a fractured world together in the fallout from Covid-19. However, he stopped short of predicting a global influx to cryptocurrency at the present time.

The last big financial crisis is what gave way to the creation of Bitcoin and crypto believers, stated Russo. She asked Buterin if the present state of the world were living in now will spur a new wave of cryptocurrency adoption.

I think there's some similarities between 2008 and what were going through now. 2008 was entirely a financial crisis. 2020 is not really a financial crisis first and foremost...its a virus crisis, and on top of that it's a political crisis, said Buterin, adding, There are definitely financial elementstheres a lot of the money printing. But the financial side is definitely not at the heart of the story.

When pushed on whether he thought the current wave of quantitative easing and big tech censorship would actually draw more people towards cryptocurrency, Buterin agreed that those elements have some influence, but emphasized the financial difference between now and 12 years ago.

The concerns around censorship, privacy and institutions are all very real. There definitely has been the older censorship resistance thing going on with Tor, Bittotorrent etc. In 2020 were definitely seeing some of the same themes [as in 2008]but somewhat less financially, he said.

Russo proposed a hypothetical post-covid world in which the dollar declines, China rises, and political uncertainty reigns. Will people seek refuge in cryptocurrency, she asked Buterin, adding What is Ethereums role in that situation?

There's definitely an element of seeing more and more political discord and distrust between countries over time. And theres definitely a real role for blockchain to play in helping being part of the glue that holds all of these countries and currencies together, said Buterin, adding, Ethereum definitely has a role to play in being the glue.

When asked directly if he thought Ethereum could be the network that connects all of these disparate elements across the globe, Buterin nodded, I think so.

Moving onto lighter topics, Buterin shed light on his daily schedule of late, which included reading, studying cryptography, working on Ethereum, and, trying to learn. He also revealed hes been hitting the treadmill, and listening to episodes of Dan Carlins Hardcore History podcastfor four hours at a time.

Have a news tip or inside information on a crypto, blockchain, or Web3 project? Email us at: tips@decrypt.co.

Follow this link:
Vitalik Buterin: How Ethereum will help heal the world - Decrypt

Australian contact-tracing app leaks telling info and increases chances of third-party tracking, say security folks – The Register

The design of Australias COVIDSafe contact-tracing app creates some unintended surveillance opportunities, according to a group of four security pros who unpacked its .APK file.

Penned by independent security researcher Chris Culnane, University of Melbourne tutor, cryptography researcher and masters student Eleanor McMurtry, developer Robert Merkel and Australian National University associate professor and Thinking Security CEO Vanessa Teague and posted to GitHub, the analysis notes three concerning design choices.

The first-addressed is the decision to change UniqueIDs the identifier the app shares with other users once every two hours and for devices to only accept a new UniqueID if the app is running. The four researchers say this will make it possible for the government to understand if users are running the app.

This means that a person who chooses to download the app, but prefers to turn it off at certain times of the day, is informing the Data Store of this choice, they write.

The authors also suggest that persisting with a UniqueID for two hours greatly increases the opportunities for third-party tracking.

The difference between 15 minutes' and two hours' worth of tracking opportunities is substantial. Suppose for example that the person has a home tracking device such as a Google home mini or Amazon Alexa, or even a cheap Bluetooth-enabled IoT device, which records the person's UniqueID at home before they leave. Then consider that if the person goes to a shopping mall or other public space, every device that cooperates with their home device can share the information about where they went.

The analysis also notes that It is not true that all the data shared and stored by COVIDSafe is encrypted. It shares the phone's exact model in plaintext with other users, who store it alongside the corresponding Unique ID.

Thats worrisome as:

The authors also worry that the app shares all UniqueIDs when users choose to report a positive COVID-19 test.

COVIDSafe does not give them the option of deleting or omitting some IDs before upload, they write. This means that users consent to an all-or-nothing communication to the authorities about their contacts. We do not see why this was necessary. If they wish to help defeat COVID-19 by notifying strangers in a train or supermarket that they may be at risk, then they also need to share with government a detailed picture of their day's close contacts with family and friends, unless they have remembered to stop the app at those times.

The analysis also calls out some instances of UniqueIDs persisting for up to eight hours, for unknown reasons.

The authors conclude the app is not an immediate danger to users. But they do say it presents serious privacy problems if we consider the central authority to be an adversary.

None of which seems to be bothering Australians, who have downloaded it more than two million times in 48 hours and blown away adoption expectations.

Atlassian co-founder Mike Cannon-Brookes may well have helped things along, by suggestingits time to turn the angry mob mode off. He also offered the following advice:

Sponsored: Webcast: Build the next generation of your business in the public cloud

See the original post:
Australian contact-tracing app leaks telling info and increases chances of third-party tracking, say security folks - The Register

Blockstream CEO: Bitcoin (BTC) Creator Satoshi Nakamoto May Have Written This Newly Discovered Post – The Daily Hodl

Blockstream chief executive and cryptographer Adam Back says a 200-word post from back in 1999, a decade before Bitcoin was launched, appears to carry the hallmarks of the anonymous creator of Bitcoin known as Satoshi Nakamoto.

The text is part of a back and forth among the cypherpunks, a group of activists who emerged in the late 80s advocating cryptography, anonymity and personal privacy.

Back, who is referenced in the Bitcoin whitepaper, is a longtime member of the movement and the inventor of Hashcash, a proof-of-work system that ultimately became a cornerstone for BTC.

In a series of tweets, Back says he has unearthed a post from the early cypherpunk days featuring an anonymous author who spouted a number of Bitcoins ideals, including how to successfully secure a virtual currency in a decentralized manner.

One possibility is to make the double-spending database public. Whenever someone receives a coin they broadcast its value. The [database] operates in parallel across a large number of servers so it is intractableto shut it down.

However, at one point, the author writes over night instead of overnight a mistake that would be out of character for the notably meticulous Nakamoto.

Back says the error is noteworthy, but calls it more of a typo than a misspelling.

Read the original here:
Blockstream CEO: Bitcoin (BTC) Creator Satoshi Nakamoto May Have Written This Newly Discovered Post - The Daily Hodl

Quantum Cryptography Solutions Market Analysis by Size, Share, Top Key Manufacturers, Demand Overview, Regional Outlook And Growth Forecast to 2026 …

QuintessenceLabs

Global Quantum Cryptography Solutions Market Segmentation

This market was divided into types, applications and regions. The growth of each segment provides an accurate calculation and forecast of sales by type and application in terms of volume and value for the period between 2020 and 2026. This analysis can help you develop your business by targeting niche markets. Market share data are available at global and regional levels. The regions covered by the report are North America, Europe, the Asia-Pacific region, the Middle East, and Africa and Latin America. Research analysts understand the competitive forces and provide competitive analysis for each competitor separately.

To get Incredible Discounts on this Premium Report, Click Here @ https://www.marketresearchintellect.com/ask-for-discount/?rid=180628&utm_source=COD&utm_medium=888

Global Quantum Cryptography Solutions Market Regions and Countries Level Analysis

The regional analysis is a very complete part of this report. This segmentation highlights Quantum Cryptography Solutions sales at regional and national levels. This data provides a detailed and accurate analysis of volume by country and an analysis of market size by region of the world market.

The report provides an in-depth assessment of growth and other aspects of the market in key countries such as the United States, Canada, Mexico, Germany, France, the United Kingdom, Russia and the United States Italy, China, Japan, South Korea, India, Australia, Brazil and Saudi Arabia. The chapter on the competitive landscape of the global market report contains important information on market participants such as business overview, total sales (financial data), market potential, global presence, Quantum Cryptography Solutions sales and earnings, market share, prices, production locations and facilities, products offered and applied strategies. This study provides Quantum Cryptography Solutions sales, revenue, and market share for each player covered in this report for a period between 2016 and 2020.

Why choose us:

We offer state of the art critical reports with accurate information about the future of the market.

Our reports have been evaluated by some industry experts in the market, which makes them beneficial for the company to maximize their return on investment.

We provide a full graphical representation of information, strategic recommendations and analysis tool results to provide a sophisticated landscape and highlight key market players. This detailed market assessment will help the company increase its efficiency.

The dynamics of supply and demand shown in the report offer a 360-degree view of the market.

Our report helps readers decipher the current and future constraints of the Quantum Cryptography Solutions market and formulate optimal business strategies to maximize market growth.

Have Any Query? Ask Our Expert @ https://www.marketresearchintellect.com/need-customization/?rid=180628&utm_source=COD&utm_medium=888

Table of Contents:

Study Coverage: It includes study objectives, years considered for the research study, growth rate and Quantum Cryptography Solutions market size of type and application segments, key manufacturers covered, product scope, and highlights of segmental analysis.

Executive Summary: In this section, the report focuses on analysis of macroscopic indicators, market issues, drivers, and trends, competitive landscape, CAGR of the global Quantum Cryptography Solutions market, and global production. Under the global production chapter, the authors of the report have included market pricing and trends, global capacity, global production, and global revenue forecasts.

Quantum Cryptography Solutions Market Size by Manufacturer: Here, the report concentrates on revenue and production shares of manufacturers for all the years of the forecast period. It also focuses on price by manufacturer and expansion plans and mergers and acquisitions of companies.

Production by Region: It shows how the revenue and production in the global market are distributed among different regions. Each regional market is extensively studied here on the basis of import and export, key players, revenue, and production.

About Us:

Market Research Intellect provides syndicated and customized research reports to clients from various industries and organizations with the aim of delivering functional expertise. We provide reports for all industries including Energy, Technology, Manufacturing and Construction, Chemicals and Materials, Food and Beverage and more. These reports deliver an in-depth study of the market with industry analysis, market value for regions and countries and trends that are pertinent to the industry.

Contact Us:

Mr. Steven Fernandes

Market Research Intellect

New Jersey ( USA )

Tel: +1-650-781-4080

Tags: Quantum Cryptography Solutions Market Size, Quantum Cryptography Solutions Market Growth, Quantum Cryptography Solutions Market Forecast, Quantum Cryptography Solutions Market Analysis

Continued here:
Quantum Cryptography Solutions Market Analysis by Size, Share, Top Key Manufacturers, Demand Overview, Regional Outlook And Growth Forecast to 2026 ...

Nodle Launches Coalition, a Free, Privacy-First Contact Tracing App to Help Stop The Spread of COVID-19 – Business Wire

SAN FRANCISCO--(BUSINESS WIRE)--The team behind Nodle.io, an Internet of Things (IoT) connectivity and security startup, today announces the launch of Coalition, a free, privacy-first contact tracing app to help stop the spread of COVID-19. Coalition aims to be an essential preventive tool to protect communities and global citizens during the current COVID-19 crisis. Coalition is now available for Android in the Google Play Store and pending release for iOS in the App Store.

Coalition enables community-driven contact tracing through a privacy-by-design approach. The app utilizes secure Bluetooth Low Energy (BLE) and cryptography to protect a users identity by generating random anonymous IDs. Coalitions Whisper Tracing, an open and privacy-first protocol, randomizes a users device identity and does not share identifiable information with the cloud. No personal data is ever asked for, collected or shared. View Coalitions Whisper Tracing research paper, reviewed by Nodle peers and cryptographers from MIT, Stanford, USC and Oxford University.

While we have yet to see any plausible global contact tracing solutionmainly due to issues of privacywe believe the Coalition App could change that with the teams experience and primary focus on protecting users data with a privacy by design approach as described in [the] scientific paper, said Dr. Newton Howard, D.Phil., HDR, PhD, C.O., M.A., University of Oxford & Georgetown University Medical Center.

How does it work?

After a user downloads the app and turns on Bluetooth, their phone becomes aware of other app users within a range of approximately 10 meters. The app records anonymous encounters with other Coalition app users nearby. These encounters are stored locally on the phone, using randomly generated IDs to preserve users privacy.

The Coalition App benefits from decades-long R&D by the Nodle team in the space of decentralized wireless networks, mobile mesh, and secure identity management. Nodles CEO & Co-Founder Micha Benoliel previously created FireChat, a peer-to-peer Bluetooth-based off-the-grid messaging technology that allowed for communication on planes, cruises, at festivals and during internet shutdowns (see Hong Kongs 2014 Umbrella Revolution) and disaster-recovery situations where internet isnt available.

Our team has the technology to create this type of application with the utmost security and respect for privacy. Every feature is built with privacy and anonymity at its core, says Benoliel. We believe the only way to stop COVID-19 is through massive cooperation and solidarity between citizens around the world who can do their part to protect themselves and their communities. We must work fast to put the right safeguards in place before we reopen society and put economies back on track.

The Whisper Tracing protocol is open and the code from the apps will be open sourced in the coming days so the various tracing apps can communicate with each other and allow the community to make improvements for future use. It is comparable to what Apple and Google announced, with the exception that Coalition has already released a working implementation of its protocol within the Coalition app. The Coalition team mentioned that they would add support for Apple and Googles protocol if it can increase interoperability, the same way they are also adding support for Singapores TraceTogether app.

Coalition is kicking off in the coming week with local leaders in Berkeley, California, through a series of virtual town halls with Mayor Jesse Arreguin and City Councilmember Ben Bartlett. You have my full support and commitment to help bring this life-saving application to affected communities everywhere, Bartlett said in his letter of support for the Coalition App.

Operating as a non-profit, Coalition already received interest from several foundations who wish to provide additional financial support to stop the spread of COVID-19. The growing number of partners include Berkeley Blockchain Xcelerator, NY Tech Alliance, TCN Coalition, COVID Alliance, and more.

About Coalition:

Coalitions app and technology were developed by the team behind Nodle, an Internet of Things (IoT) connectivity and security startup, and a few independents. The Nodle founders previously created FireChat, a peer-to-peer Bluetooth-based messaging technology that is used to stay connected and communicate in areas without internet access.

Read the original:
Nodle Launches Coalition, a Free, Privacy-First Contact Tracing App to Help Stop The Spread of COVID-19 - Business Wire

Ethereum, Fabric, Corda, And Multichain. Only One Is Government Ready – New Report – Forbes

The Institute of Electrical and Electronics Engineers (IEEE) has co-published an assessment of how four blockchain platforms measure up against the rigorous security requirements of the U.S. Federal Government and according to the report, only one of the platforms has passed the test.

The Federal Government Has Stringent Rules Around Adoption Of New Technology

While the IEEE isnt a decision maker for what the federal government adopts, it can have a view on what it is likely to do by assessing blockchain providers against the governments own vetting rules that are used to guide federal adoption of technology.

The Federal Information Security Management Act of 2002 (FISMA) requires that all new federal IT programs and modernization efforts using blockchain meet National Institute of Standards and Technology (NIST) cryptographic standards. If the technology doesn't meet them, then the federal government cannot use the technology.

UNITED STATES - FEBRUARY 08: From left, Sens. Ben Cardin, D-Md., Barbara Mikulski, D-Md., and ... [+] Commerce Secretary Penny Pritzker attend a ribbon-cutting event for the newly expanded National Cybersecurity Center of Excellence (NCCoE) at the National Institutes of Standards and Technology (NIST) in Rockville, Md., February 08, 2016. (Photo By Tom Williams/CQ Roll Call)

However, the ramifications to blockchain adoption are far broader than just being confined to the government, as businesses tend to follow the governments adoption of certain technologies.

The reason why is because of the outsized role that the government plays in technology procurement. NIST is responsible for providing the Federal Information Processing Standards (FIPS) which are a series of documents which provide technology standards in the government. Because the government is such a large buyer of technology, these standards have become the general de-facto standard for computing more generally.

So if the government doesnt allow it, companies in other industries are also probably following the same rules and may also decide not to adopt the technology.

The study, co-published by the IEEE Computer And Reliability Societies, and authored by James P. Howard II from Johns Hopkins Applied Physics Laboratory and Maria E. Vachino from Easy Dynamics Corp. scanned the market for blockchain solutions then whittled them down to four platforms based on three criteria; (i) the device is supported by a single, business or consortium responsible for developing standards and guiding future work (ii) the system allows independent, private chains without limiting the application to a single global network (iii) the technique is well supported by developer libraries that allow software developers easy access to data and protocols of the blockchain system.

According to the report, the four platforms which fit the bill were Ethereum (implemented in a private configuration), Hyperledger Fabric, Corda, And Multichain. These were then evaluated against the NIST framework.

Of the four platforms, only R3 Corda was identified as meeting NIST standards and therefore being able to be implemented in federal government projects.

Corda passed as it uses SHA-256 for transaction sealing and SHA-256 is an acceptable hash algorithm according to NIST. Java has many implementations of SHA-256, and there are NIST approved libraries. Corda supports numerous digital signatures. RSA is supported with SHA-256 as the hashing algorithm. For ECC, P-256 is also supported with SHA-256 as the hashing algorithm. All of these have been validated by NIST.

Hyperledger Fabric, Ethereum and Multichain didn't fit the bill for a variety of reasons, either because the encryption standards used were not approved by NIST, or where they were, they were written in programing languages and libraries that NIST has not approved.

Hyperledger Fabric had NIST approved transaction sealing and digital signature cryptography but as it was implemented in go-lang which is a language implementation not approved by NIST it didnt pass.

Ethereum had more issues. Ethash, which is used for Proof of Work doesnt meet NIST requirements and the report saw that the move to Proof of Stake as being a moving target which was hard to evaluate. For digital signatures Ethereum uses the secp256k1 curve which has not been validated by NIST

Multichain came close. With a NIST approved cryptography for transaction sealing but support only for secp256k1.19 for digital signatures which has not been validated by NIST.

Comparison of four protocols

Cordas upper hand in government compliance is through a combination of using encryption protocols that are validated by NIST as well as through implementing them in a an established 25 year old language that NIST is familiar with - namely Java.

From Hyperledger Fabrics perspective, theres a good argument to be made that go-lang is a new, modern language that has been around for twelve fewer years than Java and Javas use is therefore more established so its only natural that NIST, representing the conservative nature of government (much of which still runs on tried-and-tested COBOL code from the 1970s) would focus on an established language.

Corda Holds The Lead, For Now At Least

All is not lost for Hyperledger Fabric as its entirely possible that we may see NIST spending the time in the future to validate encryption algorithms written in go-lang which may open up Hyperledger Fabric for use in the federal government. However, that is not something to take lightly as NIST has an extensive catalog of vulnerabilities associated with various languages and frameworks, with this level of attention to detail, approval is likely to be a rigorous and long endeavor.

Corda may be the winner but there is an important caveat - Corda meets NIST standards only if traditional java libraries are used. To understand this important nuance requires an appreciation of the fact that Corda is actually built using Kotlin, a relative to the Java language which is interoperable with Java.

So why was NIST not able to approve encryption code written a new language such as go-lang, yet a newer language like Kotlin was found to be acceptable?

The answer is NIST approval is only for encryption libraries written in Java which Kotlin, by being a close relative to Java is able to use. If users use Kotlin libraries for encryption, Corda may not pass the NIST test.

Luckily, unlike Hyperledger Fabric, Corda can have it both ways - the advantages of a powerful new language as well as the safety of an established one.

New Technology Frontiers

The IEEE report focuses on cryptography, yet thats not the full picture when it comes to security.

Two other security aspects of blockchains that have received increasingly more are formally verified smart contracts and Trusted Execution Environments (TEEs).

Smart contracts written in formally verified languages have the benefit that it is possible to calculate mathematically with 100% certainty what the result of a smart contract will provide for a given input.

This makes them more safe to use then their non-deterministic counterparts because there can be certainty around what they will do. Outside of blockchain, formally verified languages are commonly used for critical systems such as nuclear power plants. However, at the same time this style of programming language can impose restrictions on what blockchain can do that can make them unsuitable for certain types of work.

It will be interesting to see if NIST forms a view on formally verified languages in the next few years.

A Trusted Execution Environment, on the other hand, is a rapidly maturing security technology which provides a way for code to be run in a secure and confidential manner even if the computer that it is running on is not secure. It also provides a safe place for storing encryption keys and other sensitive data.

Its an area of the market which has seen big investments by chip manufacturers, cloud providers and blockchain application providers alike in the last few years. Intel INTC and AMD have created CPUs that support this type of computing, which is then offered through cloud vendors such as Microsoft MSFT Azure and IBM IBM s Data Cloud. Microsoft recently announced their Confidential Computing Framework that provides the building blocks for integrating blockchains that use confidential computing. R3 has also recently announced a beta program for its confidential computing initiative named conclave.

There still remains some controversy as to how secure these environments are as the CPU chip manufacturers hold part of the security puzzle and therefore require trust in the chipmaker.

Blockchain In The Federal Government Already

While the assessment from the IEEE may sound like a bit of a theoretical exercise, it is worth remembering that the U.S. federal government has already implemented blockchain and as such is a world leader in the space; the department of Health And Human services, a branch of the federal government, has received Authorization To Proceed with the use of a new procurement focused blockchain (HHS Accelerate) that aims to save the government over $30m in procurement costs over the next five years.

The federal government, it seems, is serious about blockchain.

Originally posted here:
Ethereum, Fabric, Corda, And Multichain. Only One Is Government Ready - New Report - Forbes

‘The forced remote working test will be a good experience for most organisations’ – Siliconrepublic.com

Netssos Brian ODoherty discusses online security, leading a remote team, and starting a business later in life.

Brian ODoherty is an economist and entrepreneur with more than 20 years experience in senior roles with Crs Trchtla (Irish Export Board), which later became part of Enterprise Ireland. There he worked as North American director, European director and assistant CEO.

ODoherty went on to run an economic development consulting company in Brussels, and was also director of a number of technology transfer and trading companies. He later moved into security software development and most recently established Netsso, a cloud-based web application designed to secure web activity through a central platform. He is based in Donegal, but his team works remotely.

Those of us with more years behind us should focus on taking advantage of the wisdom that comes with age BRIAN ODOHERTY

I am the founder and CEO of Netsso, a cloud-based web application that provides productivity and security for individuals and organisations. Netsso is a small team. We have three full-time staff, alongside three part-time, spread across three countries, each of whom are remote working.

Good management therefore requires personal, sensitive motivation and timely coordination to ensure that everyone is up to speed with everyone else. My background is in marketing while the rest of the team are specialists in programming, coding, cryptography, design and illustration.

Our own product, Netsso, is perfect for remotely conducting our team work. We are Netssos makers and testers every working minute of the day, something I oversee alongside the team.

At this stage in life, my work is devoted to enhancing my new product Netsso. We work on doing this remotely, across time zones, with one member of the team online between 7am and 11pm, seven days a week.

I prioritise the development of Netsso, and I rarely take a break; no more than a few hours on a Sunday morning. But, on the other hand, I dont always have to be in the office. I can receive questions, answer problems and enter discussions on any computer, anywhere.

Nowadays, I take winter holidays in the sun, but I make sure I contribute to the team for a few hours every day. Netsso has been quite a big project, but has reminded me that work-life balance is important as is doing something you are passionate about.

One of the biggest challenges is that our sector of the internet services market is extremely broad.So, how does a little Donegal start-up distinguish itself?

I think probably in our security. It is rather unique, and what makes Netsso a secure and valuable tool. We are lucky to have created a product that complements numerous online file storage services such as Dropbox etc.

Another major challenge is to find ways to store and distribute files securely, without losing data or information, and yet without having to manage complex security structures and defences.

Our solution is to encrypt the data itself, end-to-end, in a non-complex, nothing-to-download system, worked by simple clicks, after one SSO (single sign on) member password.

The Covid-19 pandemic has caused an astonishing surge of interest in remote working and, for that, the number one need is security, which is one of our major selling points. Of course the virus will be defeated eventually, and we can all go back to more normal working conditions. But I think remote working is here to stay, at least to a considerable extent.

I believe this is for two major reasons: todays forced test of the method will be a good experience for most organisations and individuals, and climate change requires us to disperse the working economy away from its high-density centralism of today so that we stop transporting tens of millions of workers billions of miles daily to and from congested cities.

In my early career in Crs Trchtla (CTT), I managed a few hundred executives dispersed across nearly 40 separate offices, many of whom were around the world but a few were at home too. We mainly provided one-on-one marketing and business planning services to up to 2,000 Irish companies annually.

In the second half of my working life, I have been involved in quite a lot of interesting new areas and activities, and one of these is cryptography. From that, I came into software using cryptography, an evolution which led over a few years into Netsso.

During my days in New York with CTT, my team was making major strides promoting Irish consumer products. I wrote up a proposal for a franchise chain of Irish shops across the country. Despite receiving a commitment for financing from an Irish investment company, I ended up dropping the idea and took my next promotion back in Dublin instead.

Thinking back, I wonder if this was a mistake. Im pretty sure the franchise would have been successful. Nonetheless, I cant say I regret my subsequent career, which was full of adventure, intellectual challenge and some satisfying success as a private entrepreneur.

The lesson of this? I think, probably, to take courage in your convictions. And certainly, dont look back to this day I cant say for sure if this was entirely a mistake or not, but I can say that theres no good in stewing over it.

I believe in them as we have a shared vision for Netsso. The guys I work with are all extremely talented and joined this enterprise purely because they believed in the concept.

We dont share office space, so communication and trust are both especially important for us. Were in a unique position whereby our remote work and collaboration take place via use of our own product, which is probably key to our efficiency and productivity.

Ive certainly witnessed the benefits of diversity in business. From the beginning of my career, Ive worked with a diverse range of people from all over the world. I was particularly fortunate in CTT, where approximately 50pc of those employed overseas were local men and women. CTT was notably one of the first Irish institutions to appoint female executives to managerial positions on the same salary and terms as males.

However, Ive also seen another side of it in tech where, for example, ageism prevails to a certain extent. Nonetheless, there are studies indicating that the average age of new start-up founders in the US is much closer to 40 than 20, while the average age of founders of successful start-ups is 45 all in all, not exactly kids out of college.

Such stats should encourage those of us with more years behind us to instead focus on taking advantage of the wisdom that comes with age. Well only benefit from a more diverse industry of people of all ages.

Ive never had a mentor per se, but I have been around the world a few times, worked in many countries, often travelled alone and always found people willing to help. In particular, I enjoyed living and working in the US, for eight years in total.

I found Americans to be the most friendly and hospitable, and often met business associates in the US who were valuable to my career development. They were always willing to provide information, advice, contacts and genuine help. One in particular who was pivotal was an immigrant from Derry named Jim McGilloway. He was the man who brought Toblerone to market and made Twinings Tea into a top brand. Thanks, Jim.

I read a lot on varying topics, but a couple of recent reads were great:

My freedom as a remote worker means Im not restricted by specific office hours or a commute, and Im lucky that I work from home with all the tools I need at my fingertips. The downside of remote working is I dont have the face-to-face reassurance that an office might offer, but the online tools we have help to bridge that gap for me.

Otherwise, what I find most useful for myself is my to-do list. A clear list keeps me grounded and helps me keep track of my priorities. I set myself a weekly list and find that its a great way of keeping the faith in myself, my work and my ambitions.

Want stories like this and more direct to your inbox? Sign up forTech Trends, Silicon Republics weekly digest of need-to-know tech news.

The rest is here:
'The forced remote working test will be a good experience for most organisations' - Siliconrepublic.com

OPINION: Blockchain and its impacts on everyday life – IOL

By Brenton Naicker 3h ago

Share this article:

The time is 1999. Youre wondering whether you stockpiled enough canned food for the coming Y2K Armageddon, while a small bunch of investors and techies are busy ranting about 'inter-webby' jargon. Fast forward twenty years and the tech fad no one really understood has now permeated every facet of the way the world operates, doing so at a fundamental level.

As a result of this new technology, that most at the time disregarded, information became decentralized and democratized for the first time. News, video, ideas, pretty much anything can be instantly shared with anyone around the globe. This was the true overarching benefit the internet provided to mankind, making information freely and globally accessible and transferable.

Now, with the internet, we were no longer bound by geographical boundaries or information gatekeepers. Not even the visionary thinkers at the time would have been able to predict the effect it would have on the world. In todays era, the largest taxi company owns no cars, the largest accommodation platform owns no property, and the largest video streaming platform doesnt produce any content. All of this made possible by a new technology.

We can talk to family members across the world as easily as if they were in the next room, stream a live lecture from Harvard University from an internet caf in a small city in Delhi, or share our thoughts and ideas with a global community in real-time. The same freedom the internet has brought to information, Blockchain promises to bring to value.

Blockchain allows for transfers in value without any intermediaries or trusted parties (third parties or counterparties). However, value transferred using blockchains prevents the problem of fraud (double spending), as well as being verified and stored by multiple segregated databases around the world. This is all achieved using mathematics, cryptography and game theory, the mechanics of which are beyond the scope of this article, but remember, we dont know the technicalities behind the internet or emails, but we use them daily dont we?

VALUE TRANSFER

To highlight the extreme potential this technology has to revolutionize value transfer, lets look at an empirical example:

The average remittances cost of sending money into Sub-Saharan Africa currently sits well over 9% and takes multiple days to complete. This isnt quite intuitive if we think about whats happening. Think about it? Nobody is physically taking your money, jumping on a plane and depositing it into a bank in Sub-Saharan Africa. All that is happening is someone changing digital balances and performing a number of checks and balances. So why then the massive time delay and exorbitant costs?

Now, lets compare this with an actual cross border value transaction that occurred using one of Blockchains' most popular assets, Litecoin. On April 19th, 2018, $99 Million (R 1 518 521 400.00) was transferred between wallets in a single transaction. The wow factor you may ask? The transaction took only 2,5 minutes to complete and the cost of the entire transaction racked up at an unbelievable $0.40 (R6,14). The very notion of this being possible threatens the entire business model of behemoths such as MoneyGram and Western Union.

Now, lets expand these capabilities to everyday activities. This essentially means sending money anywhere in the world could very soon be almost free and near to instant. It also makes things such as micropayments possible. For example, you can now pay a writer half a cent for every person who reads their work, irrespective of where they are and who they bank with. You could send money to your son studying in China at 3 am and he would be able to spend those funds within minutes. The true possibilities are limitless and have most likely yet to even be conceived.

Lets go back at the internet example, when we first started accepting and using it, for emails and to visit websites, nobody would have been able to predict one day, in the relatively near future, that we would be able to hold up a piece of glass and metal in the palm of our hands and be able to see and speak to family and friends anywhere in the world, in real-time. The potential of blockchain to completely revolutionize the way we store and transact value should be evident by now, and I for one am very excited for the future of this nascent technology.

Brenton Naicker is the co-founder of Chainlink Capital, a crypto asset and blockchain technology consultancy.

PERSONAL FINANCE

Read more here:
OPINION: Blockchain and its impacts on everyday life - IOL

Infinity Optics Lauded by Frost & Sullivan for Enriching Biometric Authentication Processes with its Novel QuantumCrypt Platform – PRNewswire

"The QuantumCrypt platform allows iris, fingerprint, and 2D/3D facial images to generate biometric codes, also known as True Biometric Hash technology. These codes act as key management solutions, such as blockchain-based identity. Its technology for biometric cryptography enables easy verification of users at any given point during a transaction, which makes it more secure as the registration can be easily revoked if the data is found to be compromised," said Nandini Bhattacharya Industry Analyst. "The solution also ensures that the user identification process does not rely on stored biometric information, and is therefore not likely to be compromised."

QuantumCrypt is ideal for use within cloud-based biometric solutions and authentication processes. Infinity has already made significant progress in its iris biometric solution by developing depth-of-field (DOF) iris authentication technology. Its single lens technology can capture DOF images at a distance of between 150mm and 600mm in a single shot using a single element lens. Its technology combines custom optics and image processing capability to offer better performance, making extended DOF (EDOF) solutions highly convenient for IoT-based iris recognition systems.

Infinity has also developed QuantumCrypt modules for fingerprint, 2D face, iris recognition, and is working on other modalities such as 3D face recognition. Furthermore, Infinity's also has its proprietary Extended Depth of Field iris recognition algorithm which maps the random iris patterns and then generates a unique biometric code for identification. The technology, due to its superior hardware performance, provides an exceptional user experience by capturing high-quality EDOF images.

"Infinity has taken the biometrics industry forward by transforming the way biometric authentication has traditionally been achieved," noted Bhattacharya. "The EDOF technology by Infinity makes iris recognition solutions much more user friendly, thereby creating huge opportunities for mobile device-based applications where mobile phone cameras can be used for iris recognition. As Infinity is developing QuantumCrypt solutions for 2D and 3D facial recognition, it is expected to unlock the potential of facial recognition biometric solutions in mobile and IoT-based applications across numerous industries, smart homes, smart cities, and connected cars."

Each year, Frost & Sullivan presents this award to the company that has developed an innovative element in a product by leveraging leading-edge technologies. The award recognizes the value-added features/benefits of the product and the increased return on investment (ROI) it gives customers, which, in turn, raises customer acquisition and overall market penetration potential.

Frost & Sullivan Best Practices awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research to identify best practices in the industry.

About Frost & Sullivan

For over five decades, Frost & Sullivan has become world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.

Contact:

Harley GadomskiP: 12104778469E: [emailprotected]

SOURCE Frost & Sullivan

http://www.frost.com

See original here:
Infinity Optics Lauded by Frost & Sullivan for Enriching Biometric Authentication Processes with its Novel QuantumCrypt Platform - PRNewswire

Quantum Technologies 2020: Impact on COVID-19, Ecosystem & Supply Chain Analysis, Industry Best Practices, Technology Roadmap and Growth…

DUBLIN, April 20, 2020 /PRNewswire/ -- The "Emerging Opportunities of Quantum Technologies in Electronics Industry" report has been added to ResearchAndMarkets.com's offering.

Key Questions Addressed

Quantum technology, which enables the manipulation of atoms and sub-atomic particles, will allow for a new class of ultra-sensitive devices with key potential to profoundly impact and disrupt significant applications in areas such as defense, aerospace, industrial, commercial, infrastructure, transportation and logistics markets.

The ability to control and predict the behavior of atoms and ions has key opportunities to enable exquisitely sensitive sensors for application such as ultra-precise navigation, improved location of buried objects, enhanced geophysical or resource exploration, as well as ultra-precise measurement of time, computers able to solve very complex problems much faster than classical computers, considerably more secure and rapid data communications, and imaging in previously impossible conditions with greatly enhanced resolution.

Quantum technology is also driving advancements in more compact lasers, microfabricated atom/ion traps and diffraction gratings for trapping and cooling atoms, single-photon detectors for applications such as enhanced imaging and quantum cryptography, microfabricated vapor cells containing atomic vapors or optically cooled atoms.

Key Topics Covered

1. Executive Summary1.1 Scope of Research1.2 Research Methodology1.3 Research Methodology Explained1.4 Key Findings - Quantum Electronics Finds Applications in Submarines and Satellites1.5 Key Findings - Quantum Magnetometers Generate Interest in Navigation

2. Quantum Electronics Technology Landscape - Status Review2.1 Quantum Electronics will Disrupt Industrial, Defense, Security, and Healthcare Markets2.2 Applications of Different Types of Quantum Electronics2.3 Factors Driving the Adoption of Quantum Electronics2.4 Miniaturization is a Major Challenge for Adoption of Quantum Electronics

3. Quantum Inertial Sensors3.1 Quantum Gyroscopes and Accelerometers Provide Enhanced Sensitivity3.2 Quantum Inertial Sensors Have Opportunities to Disrupt Conventional Navigation Systems and MEMS Sensors3.3 Application Impact of Quantum Inertial Sensors3.4 Recent Developments with Stakeholders - Quantum Inertial Sensors3.5 Quantum Inertial Sensors are Gaining Investments

4. Quantum Gravity Sensors4.1 Quantum Gravity Sensors - Overview4.2 Gravity Sensing: An Earlier Opportunity for Quantum Accelerometers4.3 Application Landscape of Quantum Gravity Sensors4.4 Gap Analysis: Quantum Gravity Sensors Opportunities and Challenges4.5 Recent Developments with Stakeholders - Quantum Gravity Sensors

5. Quantum Magnetometers5.1 Quantum Magnetometers - Overview5.2 Application Diversity of Quantum Magnetometers5.3 Quantum Magnetometers find Applications in Precision Location Detection5.4 Opportunities Driving Adoption of Quantum Magnetometers5.5 Factors Hindering Adoption of Quantum Magnetometers5.6 Stakeholder Developments - Quantum Magnetometers

6. Quantum Clocks6.1 Quantum Clocks Enable Precision Timing6.2 Opportunities of Quantum Clocks6.3 Challenges Hindering Adoption of Quantum Atomic Clocks6.4 Applications for Quantum Atomic Clocks6.5 Stakeholder Developments - Quantum Magnetometers6.6 Stakeholders are Collaborating with Universities for Quantum Developments

7. Quantum Computing7.1 Quantum Computers have Unprecedented Computational Power7.2 Opportunities of Quantum Computing7.3 Factors Hindering Adoption of Quantum Computing7.4 Applications of Quantum Computing Across Different Industries7.5 Stakeholder Developments and Recent Research in Quantum Computing7.6 Kagome Metal finds Applications in Quantum Computers7.7 Nitrogen-Vacancy Diamonds have the Potential to Retain Quantum Information

8. Quantum Communications8.1 Quantum Repeaters and Quantum Key Distribution play Key Roles in Enabling Quantum Communication8.2 Opportunities Driving Quantum Communications8.3 Factors Hindering Adoption of Quantum Communications8.4 Stakeholder Developments - Quantum Computing8.5 Recent Research in Quantum Computing Enables Development of Quantum Random Number Generator

9. Impact of Quantum Technologies on COVID-199.1 Opportunities to Combat Coronavirus (COVID-19)9.2 Use of Supercomputers to Study COVID-19 Impact Creates Potential Applications of Quantum Computing

10. Quantum Electronics Ecosystem and Supply Chain Analysis10.1 Quantum Technology Ecosystem Components10.2 Key Types of Participants in the Quantum Supply Chain10.3 Other Participants in the Quantum Supply Chain

11. Industry Best Practices - Assessment of Partnerships/Alliances and Recent Developments11.1 Advancements in Quantum Entanglement Pave the Way for Quantum Internet11.2 Recent Partnerships Drive Developments in Quantum Computing

12. Technology Roadmap & Growth Opportunities12.1 Quantum Electronics Roadmap12.2 Strategic Investments Drive Adoption of Quantum Technologies

13. Industry Contacts13.1 Key Industry Contacts

For more information about this report visit https://www.researchandmarkets.com/r/hkrsq0

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Research and Markets Laura Wood, Senior Manager press@researchandmarkets.com

For E.S.T Office Hours Call +1-917-300-0470 For U.S./CAN Toll Free Call +1-800-526-8630 For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716

View original content:http://www.prnewswire.com/news-releases/quantum-technologies-2020-impact-on-covid-19-ecosystem--supply-chain-analysis-industry-best-practices-technology-roadmap-and-growth-opportunities-301043523.html

SOURCE Research and Markets

Continued here:
Quantum Technologies 2020: Impact on COVID-19, Ecosystem & Supply Chain Analysis, Industry Best Practices, Technology Roadmap and Growth...