Is Quantum Technology The Future Of The World? – The Coin Republic

Steve Anderrson Saturday, 11 January 2020, 04:58 EST Modified date: Saturday, 11 January 2020, 04:58 EST

At a glance, the quantum volume is a measure of the complexity of a problem that a quantum computer can provide a solution. Quantum volume can also use to compare the performance of different quantum computers.

Ever since 2016, the IBM executives have doubled this value. In the 21st Century, Quantum computers have hailed as one of the most important innovations of the 21st century, along with potential applications in almost all fields of industries. Be it healthcare or artificial intelligence, and even financial modelling, to name a few.

Recently, quantum computers have also entered a new phase of development which can describe as practical. The first real quantum computer was launched in 2009 by Jonathan Holm. From that time, the quantum computer development has travelled a long way. At the moment, the industry driven by a handful of tech giants, including Google and IBM.

Even though IBMs latest advances viewed as significant advances, quantum computers can currently only be used for particular tasks. This indicates that they are far away from the general-purpose which classic computers serve us and to which we are used to.

Therefore, some people start worrying that the encryption technology which used to protect cryptocurrencies, for example, bitcoin may get destroyed. This worry is at least unfounded at present.

As the network is entirely built around the secure cryptographic transactions, a powerful quantum computer could eventually crack the encryption technology which used to generate Bitcoins private keys.

However, as per an article which was published by Martin Roetteler and various co-authors in June in 2017, such type of a machine requires approximately 2,500 qubits of processing power so that they can crack the 256-bit encryption technology which is used by Bitcoin.

Since the most powerful quantum computer which the world currently has only consisted of 72 qubit processors, one thing is clear that it will take several years for a quantum computer to reach the level of threatening encryption technology.

With the help of IBMs computing power which keeps doubling every year, and also the fact that Google has achieved quantum hegemony, Quantum might be working to ensure that Bitcoin can resist potential quantum computing attacks.

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Is Quantum Technology The Future Of The World? - The Coin Republic

Global Quantum Computing Market: What it got next? Find out with the latest research available at PMI – Pro News Time

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Global Quantum Computing Market: What it got next? Find out with the latest research available at PMI - Pro News Time

London Public rally with speakers on issue of Press freedom and the case of Julia – SF Bay Area Indymedia

2/4 Public rally with the speakers discussing the issue of Press freedom and the case of Julian Assange.

The speakers will include:

John McDonnell - is member of the Labour Party, he has been Shadow Chancellor of the Exchequer in the Shadow Cabinet since 2015. He served as chair of the Socialist Campaign Group in Parliament and Labour Representation Committee, also chaired the Public Services Not Private Profit Group.

Jen Robinson - is an Australian human rights lawyer and barrister with Doughty Street Chambers in London. She is a member and adviser of Julian Assange's legal team since 2010. Her work often involves UN engagement advising governments, individuals and organizations on international law and human rights issues. She recently provided expert evidence on international law to the UN inquiry into the murder of journalist Jamal Khashoggi and acts for the family of murdered Maltese journalist, Daphne Caruana Galizia, seeking justice and accountability.

Nils Melzer - he has been serving as the United Nations Special Rapporteur on Torture and other Cruel, Inhuman or Degrading Treatment or Punishment. He is also a professor of international law at the University of Glasgow and holds the Human Rights Chair at the Geneva Academy of International Humanitarian Law and Human Rights in Switzerland. He has served for 12 years with the International Committee of the Red Cross as a Legal Adviser, Delegate and Deputy Head of Delegation in various zones of conflict and violence.

Kristinn Hrafnsson - editor-in-chief of WikiLeaks since 2018 and an Icelandic investigative journalist. He was named Icelandic journalist of the year three times, in 2004, 2007 and 2010 by Icelands National Union of Journalists; the only journalist ever to receive this award thrice.

Tariq Ali - he is a British political activist, writer, journalist, historian, filmmaker, and public intellectual. He has written more than two dozen books on world history and politics, and seven novels as well as scripts for the stage and screen. He is an editor of New Left Review.

Protecting Press Freedom From The MEAA In Australia https://twitter.com/withMEAA/status/1171273553368322048

MEAA @withMEAA . @suigenerisjen , legal adviser to @wikileaks and Julian Assange, explains the implications for all journalists of the US gov. indictment against #Assange and why it is important for MEAA members to campaign on #PressFreedom grounds against his extradition. #Wikileaks #MEAAMedia

Press Freedom, Whistleblowers & The Case Of Assange, Manning & Carmody

The issue of press freedom and whistleblowers was the focus of this San Francisco forum. It discussed the cases of Julian Assange, Chelsea Manning and Bryan Carmody.

Speakers included Robert Egelko, SF Chronicle legal reporter, John Holmes, Executive Board Peralta Federation of Teachers and retired member of CWA PMWG, Richard Stone with the American Federation of Postal Workers APWU and delegate to San Francisco Labor Council and Ann Garrison, journalist with Black Agenda and KPFA Weekend News.

Panelists also talked about the effort to get support for a resolution in the San Francisco Labor Council and CWA PMWG which has failed to pass a resolution to support the freedom of Julian Assange.

This was sponsored by WorkWeek radio and LaborNet.

Additional media:

The issue of press freedom and whistleblowers was the focus of this San Francisco forum. It discussed the cases of Julian Assange, Chelsea Manning and Bryan Carmody.

Speakers included Robert Egelko, SF Chronicle legal reporter, John Holmes, Executive Board Peralta Federation of Teachers and retired member of CWA PMWG, Richard Stone with the American Federation of Postal Workers APWU and delegate to San Francisco Labor Council and Ann Garrison, journalist with Black Agenda and KPFA Weekend News.

Panelists also talked about the effort to get support for a resolution in the San Francisco Labor Council and CWA PMWG which has failed to pass a resolution to support the freedom of Julian Assange.

This was sponsored by WorkWeek radio and LaborNet.

Additional media:

The Assault On SF Journalist Bryan Carmody & Attacks On All Journalists & Journalism https://www.youtube.com/watch?v=ykK0-fdGNpk

https://www.sfexaminer.com/news-columnists/the-raid-on-a-journalists-home-is-san-franciscos-disgrace-and-it-has-only-gotten-worse/ https://www.ifj.org/media-centre/news/detail/category/press-releases/article/united-states-journalists-house-raided-by-police.html

https://www.cjr.org/united_states_project/bryan-carmody-raid-anonymous-source.php

https://www.pressfreedomdefensefund.org/news/2019/5/14/press-freedom-defense-fund-statement-in-support-of-san-francisco-based-journalist-bryan-carmody

Swedish court rejects request to detain Assange over rape case https://www.aljazeera.com/news/2019/06/swedish-court-rejects-request-detain-assange-rape-case-190603143022493.html

Swedens unethical and unlawful arms deals with ISIS-backing Saudis https://theindicter.com/swedens-unethical-and-unlawful-arms-deals-with-isis-backing-saudis/

The Indictment Of Julian Assange, Journalists, Wikileaks & The Defense Of Assange https://www.youtube.com/watch?v=Fm7DlyK9dbw&t=115s

Rally To Free Chelsea Manning and Julian Assange https://www.youtube.com/watch?v=tNWw-NJ8hXk The Attack On Julian Assange, Journalists, Democratic Rights, Labor & Imperialist War: A Forum https://www.youtube.com/watch?v=PLDGwPw_TuE&t=221s

SF Trade Unionists & SFLC Delegates Speak Out On The Case Of Julian Assange https://www.youtube.com/watch?v=mujVU2Y5PAo&t=230s

Sponsored by WorkWeek https://soundcloud.com/workweek-radio

The San Francisco rallies for Julian Assange were initiated by Bay Action Committee To Free Julian Assange https://bayaction2freeassange.org Production of Labor Video Project http://www.laborvideo.org

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London Public rally with speakers on issue of Press freedom and the case of Julia - SF Bay Area Indymedia

The Ministry proposed to remove the cryptography of marking wheelchair – The Times Hub

The Ministry urged the Ministry to remove the cryptography of codes marking of wheelchairs. According to the authority, this will lead to a decrease in the number of manufacturers.

The mechanism of identification of medical devices does not involve code inspections. The introduction of the latest in the tracking system can lead to a loss in the market a large number of manufacturers of medicines. The Ministry said that after conducting the necessary experience to make a decision about the usefulness of labelling for companies and their customers. Separately, the Ministry said that the need of the use of cryptography to protect the marking provides the appropriate authorities.

Firm Observer, which assembles wheelchairs with the electric drive, called the use of cryptographic symbols in the process of marking a great advantage for honest players in the market, and their presence does not require a significant cash infusion.

Natasha Kumar is a general assignment reporter at the Times Hub. She has covered sports, entertainment and many other beats in her journalism career, and has lived in Manhattan for more than 8 years. Natasha has appeared periodically on national television shows and has been published in (among others) Hindustan Times.? Times of India

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The Ministry proposed to remove the cryptography of marking wheelchair - The Times Hub

Heres how digital money projects contributed to Bitcoin inception – AMBCrypto

The concept of digital assets and the creation of Bitcoin is commonly lauded as a revolutionary change that led to the establishment of an asset class worth over $200 billion dollars.

In a recent segment of whatbitcoindid with Peter McCormack, Aaron Van Wirdum, Technical Editor at Bitcoin Magazine, discussed some of the projects that eventually led the introduction of Bitcoin.

Wirdum suggested that David Chaum, an American computer scientist was the first person to put together cryptography tools back in 1980 and use it for money. Encryption and Decryption keys were initially developed for communication but Chaum was able to come up with a concept called blind signatures that initiated the development of the first type of cryptographic money.

He believed that encryption was important amidst the creation of digital money because he wanted to implement the ideology of privacy in transactions. Wirdum said,

He just wants it to safeguard what we already have namely cash, something you can use to bear assets, which you can use to pay without anyone in the world needing to know that you made that payment.

However, Wirdum mentioned that Chaum did not want to create a new currency per se, but develop a system for banks which would also provide a layer of anonymous payments in the current financial system. The Editor stated that Chaum was also a major influence on the cypherpunks, even though his stance on them was not clear.

Speaking about Adam Back, one of the prominent cypherpunks in the industry, Wirdum explained that Backs development of hash cash was imperative for Bitcoin. The idea behind hash cash was to eliminate spam mails without getting the government involved in it. Although it managed to dis-incentivize spam mail, it never really reached widespread adoption. However, in spite of that, it ultimately proved to be important during Bitcoins development.

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Heres how digital money projects contributed to Bitcoin inception - AMBCrypto

Understanding the Blockchain Apprehension Through Bitcoins Middle Tier Knowledge – The Coin Republic

Steve Anderrson Sunday, 12 January 2020, 12:59 EST Modified date: Sunday, 12 January 2020, 13:00 EST

Blockchain Technology quite famous in the areas where entertainment is involved since the propaganda is often used instead of theory. Another reason for it can be because everyone is used to the causal routine in cognition.

As it goes with the people, they tend to see the effect first, and then look at the cause. This method may be generally useful, but it is not always practical since it ignores the middle layer.

An easy way to explain this is to give the example of Huawei company. The standard effect of Huawei is high innovation and high profit.This is a fallacy since this cause and effect ignores Huaweis important middle tier.

Huawei had spent ten years, smashing billions of dollars, finally completing it with the support of IBM.As of the year 2019, many companies are preparing for the digital transformation in the next five years. Therefore, Huawei has achieved high-quality implementation for more than a decade ago.

Presently, for Baidu, we can notice that the blockchain has four elements: distributed data storage, point-to-point transmission, consensus mechanism, and lastly, encryption algorithm. However, these four elements are not the truth of the blockchain and only the four characteristics of the blockchain. The blockchain has its own middle layer.

Satoshi Nakamoto what the first one to create a decentralized experimental financial system successfully. It was operating on the Internet-Bitcoin, which considered as the origin of todays generalized blockchain.

Satoshi Nakamoto just focused on how to build a secure and reliable Internet. He had no idea that time that it will emerge as the basic tenet of blockchain teaching.His skilled application of cryptography and encryption algorithms considered to be one of the most admirable geniuses in the Bitcoin system.

The asymmetric encryption algorithm invented in 1976. After continuous optimization and evolution, it now considered being the most secure encryption algorithm for human beings.

Post the emergence of asymmetric encryption algorithms. They have widely used in security authentication as well as information transmission encryption.

Theoretically, the practice of secure operation of the Bitcoin system for so many years also proves the security and effectiveness it provides. Two users can freely and securely transfer large amounts of money.

Concluding it, the actual Bitcoin transaction is a bit more complicated, which is mainly due to the symmetric encryption conversion between public key and wallet address.

In fact, in the bitcoin world, private keys are essential. If you lose them, you really can not find them. It has estimated that the number of Bitcoins that cannot recovered due to the loss of the private key is more than 20%.

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Understanding the Blockchain Apprehension Through Bitcoins Middle Tier Knowledge - The Coin Republic

Aussie banks feel the effects of Travelexs ransomware crisis – Which-50

Australian banks which rely on Travelex to provide foreign currency services have been impacted by a ransomware attack on the UK-based company.

Travelex took all its systems offline when it first detected a software virus that had compromised some of its services on New Years Eve. The attack is still causing headaches for the company, as well as its banking clients, well into the new year.

The WSJ reported that the shut down meant banks that rely on Travelex to supply cash in foreign currencies were unable to take orders from customers. The banks online retail foreign-currency exchange services, which are outsourced to Travelex, were also shut off, according to the report.

While the BBC reported Travelex cashiers are using pen and paper to exchange money at cash desks in airports and on the High Streets.

Which-50 understands the issue is impacting a number of banks locally, with Westpac and Bendigo and Adelaide Bank confirming some of their customers currency orders, normally processed by Travelex, were unable to be fulfilled.

A Westpac spokesperson said, We are aware of a cyber incident being experienced by our supplier Travelex which is impacting its ability to issue foreign currency to our customers. We have been working with Travelex to understand the impact on Westpac Group customers and will continue to work with them while they thoroughly investigate the matter.

In the meantime, customers with current orders should attend their local branch for assistance. Our Global Currency Card is also available for our customers and details can be found on each of our brands websites.

A spokesperson for Bendigo and Adelaide Bank told Which-50 the organisation is actively engaging with Travelex as it works to resolve the issue.

The Bank is amongst many financial organisations around the world impacted by the Travelex security incident. Whilst we havent been able to fulfil some retail orders, we can still fulfil major currency orders for our customers. No Bendigo Bank customer data has been breached, the spokesperson said.

Travelex confirmed that Sodinokibi ransomware, also known as REvil, had compromised its systems. The attackers goal is to encrypt the victims files and then request payment in return for a decryption tool to decrypt them.

Travelex said there has been some data encryption but there is no evidence that structured personal customer data has been encrypted. It also says theres no evidence data has been exfiltrated from its systems.

Whilst Travelex does not yet have a complete picture of all the data that has been encrypted, there is still no evidence to date that any data has been exfiltrated, the company said on a statement published on their website.

Travelex is working with the National Crime Agency (NCA) and the Metropolitan Police in the UK who are conducting their own criminal investigations.

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Aussie banks feel the effects of Travelexs ransomware crisis - Which-50

Bitcoin Remains Secure Regardless of IBM’s Quantum Computing Boost – Coin Idol

Jan 12, 2020 at 10:20 // News

International Business Machines (IBM), an American multinational information technology firm, has managed to double the power of its quantum computer (QC) but this effort didnt break the encryption of Bitcoin (BTC), the original blockchain-based cryptocurrency.

During the CES 2020 conference that happened on January 8, the company revealed that it fruitfully completed a Quantum Volume (QV) of 32 with the help of its 28-qubit quantum PC called Raleigh.

In a nutshell, Quantum Volume is the metric used to define the intricacy of snags which can be deciphered and worked on by a QC. The QV can be employed to relate the performance of various quantum PCs and the information tech company has successfully doubled this value on a yearly basis, ever since 2016 (four years now).

The computer machines have for a good time been addressed as one of the powerful novelties happening within this very century, with budding applications in well-nigh every single sector such as healthcare, internet of things, artificial intelligence (AI), blockchain, financial modeling, etc.

Even though IBM's state-of-the-art advancements can be thought of as momentous progress, QCs can at this time only be applied for very definite errands, for instance, these machines are many miles in front of the universal classical PCs that we have been familiarly using. Per se, major fears have been developed thinking that these gadgets could be at one point in time be applied to break the cryptography employed to safeguard digital assets such as Bitcoin remain speculative, at any rate for the time being.

It is also claimed that since the system is designed completely around cryptographically protected transactions, then, it requires a much more powerful QC to crack and fissure the encryption that is applied to produce the private keys for BTC. As a matter of fact, as per the paper released in June 2017 by several authors including Martin Roetteler, the type of a quantum computer requires to command processing power of about 2,500 qubits in order to breakdown the 256-bit encryption being used by BTC.

Remember, the most powerful QC that we have now only has about 72-qubit processor, and this implies that it will take more time (in years) to touch encryption-intimidating levels. But that doesnt rule out the rate at which IBM and Google are trying to double the computing power year-in-year-out, hence becoming major threats to Bitcoin and the entire cryptocurrency community.

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Bitcoin Remains Secure Regardless of IBM's Quantum Computing Boost - Coin Idol

Apples iPhone Once Again in the Cross Hairs of the FBI – Chiang Rai Times

Apple Inc is once again in the cross hairs of the US Department of Justice and the Federal Bureau of Investigation (FBI). In privacy-vs.-security case being dispute between Apple and the federal government.

Once again, the US Department of Justice is demanding that the company break into a locked iPhone. Once again, the company is resisting. And once again, the rest of us are worried spectators in a game of Whom do you trust?

In particular, the FBI wants Apples help in unlocking two phones belonging to Mohammed Saeed Alshamrani. The Saudi Air Force trainee who killed three people last month at Pensacola Naval Air Station.

Apple says it has turned over all the data it possesses but refuses to go any further. The FBI wants Apple to create a backdoor past the encryption that protects its devices.

Weve traveled this road before and the path is instructive. In 2016, the FBI demanded that Apple develop special software that would allow it to unlock an iPhone 5C used by Syed Rizwan Farook. One of two shooters in a terror attack that killed 14 people in San Bernardino.

When Apple refused, the government obtained a court order. Most of big tech weighed in on Apples side. Before the companys appeal could be heard, however, the FBI surprised everybody with the announcement that it had unlocked Farooks phone.

The DOJs inspector general later found that the FBI had not exhausted all possibilities before taking Apple to court. In particular and its important to follow the rabbit down the hole here the FBIs Cryptographic and Electronic Analysis Unit had not asked for the assistance of the Remote Operations Unit of the Technical Surveillance Section of its own Operational Technology Division.

This mouthful of alphabet-soup matters because, as it turns out, the head of the Remote Operations Unit knew of a vendor that was almost 90% of the way to finding a way to break into a locked iPhone. Upon learning of this, the department invited the vendor to demonstrate the capability. The next day, the suit against Apple was dropped.

Presumably in-house communications have been better this time around. Even so, one can understand why the FBI is back to asking Apple for help. Back in 2016, techies agreed that whatever trick DOJ used would work only once.

Apple would find out how the unnamed vendor broke the encryption, and close that vulnerability in the next generation of phones. Besides, Farooks device was an iPhone 5. As as security goes, thats practically the horse-and-buggy days. Quite likely, then, none of those alphabet-soup players have yet figured out how to break defeat the encryption on the newer devices.

Why does Apple continue to resist? And why do so many of us, notwithstanding our fears about terrorism, think Apple is right?

Heres one reason: The company does not currently have a means of breaking into a locked iPhone. Forced to develop one, Apple would most likely create a software update that, once sent to the device, would allow the phone to be unlocked through some means other than a password (or facial recognition or fingerprint).

But the mere existence of such a technology is inconsistent with the basis on which the phone is sold. The company proudly trumpets its own inability to recover data from a locked iPhone once the user has exhausted 10 tries at entering the password. The value of this encryption is priced into the device.

Even if we assume that the value of this feature to the consumer is quite small perhaps no more than one percent of the sale price the total value is quite considerable to Apple. In the 12 months ended September 28, 2019, Apples total revenue from selling iPhones was a bit over $142 billion. Thus a one percent security premium would come to $1.4 billion not pocket change even for a company whose market cap is currently thirteen figures.

Even if the value of the encryption to the buyer is only one half of one percent of the price of the phone, the loss to Apple is $700 million. If, on the other hand, you think the value of the security component is greater than one percent very much my own suspicion well, you can do the arithmetic.

In any case, lots of users are attracted to the notion that the Apple does not possess any secret way into the iPhone. (I certainly am.) The government, aware of this concern, insists its not asking Apple to create a backdoor; it only seeks a way to extract all the data on a pair of phones.

This bizarre bit of linguistic legerdemain is meaningless. To borrow from one of my mentors, you can call it Thucydides or you can call it banana peel, but its a backdoor all the same. Whatever the label, software that enables recovery of data without the password would mean a lot less privacy for users.

Still, perhaps youre wary of absolutes; maybe you believe that in a particular case, the need to prevent crimes particularly acts of terrorism should outweigh the individuals right to privacy. Fair enough. But do ask yourself this: Does history teach that the federal government, once in possession of a surveillance tool, will remain discreet and humble in its use?

Sadly, the record isnt good. Thats why were back here again. And why this time around, the fight will likely be to the finish.

____________

Stephen L. Carter is a Bloomberg Opinion columnist. He is a professor of law at Yale University and was a clerk to U.S. Supreme Court Justice Thurgood Marshall. His novels include The Emperor of Ocean Park, and his latest nonfiction book is Invisible: The Forgotten Story of the Black Woman Lawyer Who Took Down Americas Most Powerful Mobster.

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Apples iPhone Once Again in the Cross Hairs of the FBI - Chiang Rai Times

Edward Snowden & Twitter What On Earth? (2020-01-11) – Global Real News

Bonjour! Today we did a full on analysis of Edward Snowdens Twitter activity. So lets do it. The main metrics are as follows as of 2020-01-11, Edward Snowden (@Snowden) has 4213934 Twitter followers, is following 1 people, has tweeted 4639 times, has liked 489 tweets, has uploaded 377 photos and videos and has been on Twitter since December 2014.

Going from top to bottom, their latest tweet, at the time of writing, has 20 replies, 171 retweets and 600 likes, their second latest tweet has 618 replies, 4,015 reweets and 10,995 likes, their third latest tweet has 88 replies, 464 retweets and 1,830 likes, their fourth latest tweet has 152 replies, 631 retweets and 5,446 likes and their fifth latest tweet has 76 replies, 844 retweets and 1,950 likes. That gives you an idea of how much activity they usually get.

MOST POPULAR:

Going through Edward Snowdens last couple pages of tweets (plus retweets), the one we consider the most popular, having caused a very nice 1032 direct replies at the time of writing, is this:

That really seems to have caused quite a lot of different comments, having also had 11124 retweets and 64339 likes.

LEAST POPULAR:

Now what about Edward Snowdens least popular tweet as of late (including stuff they retweeted)? We believe its this one:

That only had 2 direct replies, 78 retweets and 197 likes.

THE VERDICT:

We did a ton of research into Edward Snowdens Twitter activity, looking through what people were saying in response to them, their likes/retweet numbers compared to what they were before, the amount of positive/negative responses and more. We wont bore you with the details, so our conclusion is this: we believe the online sentiment for Edward Snowden on Twitter right now is just fine no major issues.

Thats it for now. Thanks for coming, and drop a comment if you agree or disagree with me. Dont be afraid to speak your mind.

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Edward Snowden & Twitter What On Earth? (2020-01-11) - Global Real News