Daily Archives: January 5, 2021

Rising in the East: The Evolution of the Islamic State in the Philippines – HSToday

Posted: January 5, 2021 at 2:45 pm

In 2017, the five-month Battle of Marawi waged by Islamic State-affiliated groups in the southern Philippines highlighted the gravity of the Islamic State threat within the country. Moreover, it highlighted the likelihood that the Philippines would remain the epicenter of the Islamic State threat in the region. Since the recovery of Marawi, it has become even more critical to understand the evolving nature of Islamic State-linked activity in the country, and its regional implications.

As the second of a four-part series on the Islamic State in Southeast Asia, this report provides an overview of the characteristics of Islamic State-linked operations in the Philippines between 2014 and 2019, highlighting the instrumental value of the Islamic State brand for local groups. Drawing on open-source materials, the report examines the factors that contributed to the rise of the Islamic States influence and activity, specifically within the context of the Philippines, and analyzes its impact on local militancy during and after the Battle of Marawi.

The losses experienced by Islamic State affiliates during the Battle of Marawi deeply changed the structure of Islamic State-linked militancy in the Philippines, moving from the united front of the Maute Group and ASG-Basilan led coalition during the battle to an increasingly decentralized structure. The findings of this report underline the Islamic States evolving nature and the appeal of allegiance for local groups in an environment that is marked by numerous other challenges such as poverty, clan rivalries, criminal violence, as well as a long-running communist insurgency. The change in the nature of the Islamic States presence in the country indicates fewer Marawi-style sieges and more targeted attacks, and an increase in the use of suicide attacks.

Read more at the Combating Terrorism Center at West Point

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The reality of AI in healthcare: promises, roles, evolution, and more – YourStory

Posted: at 2:45 pm

The role of Artificial Intelligence (AI) in various industries has been long discussed. While no one denies its potential to change the face of an industry, how best to leverage it is still up for debate. AI in healthcare is not a new discourse either, and with governments across the globe pushing the cause, the revolution has frankly only started. It has the power to disseminate more fastidious, efficient, and impactful interferences at precisely the right moment in a patient's care journey.

According to a survey, the global healthcare AI market will grow from $4.9 billion in 2020 to $45.2 billion by 2026. From neurology to radiology and risk assessment to chronic diseases such as cancer more and more avenues are now being explored. It can also help maintain and interpret data, make arbitrations, and even carry discussions. But how much of it is hype, and what's really beneath the surface?

Technologies, such as clinical decision support systems and predictive analytics help providers stay ahead of unexpected deterioration and chronic illnesses, as well as risks like antibiotic resistance. BCIs or Brain-computer interfaces can restore cardinal adroitness to those who feared them lost forever.

Magnetic resonance imaging or MRI scans are considered one of the most expensive singular procedures a hospital can run. However, it is believed that these expenses can be cut down with the help of ML, hence bringing the total charges down and enhancing patient satisfaction.

In fact, an industry report predicted that AI could reduce healthcare costs by as much as 50 percent and improve outcomes by up to 40 percent a couple of years ago. In a survey, 63 percent of professionals agreed that AI would benefit patients with cancer and heart ailments.

Simply put, AI can assist our clinicians, not only in the moment of care but before and after that too.

HIT is an even mature domain. Real-time mapping of all factions in the life-cycle of a patient's healthcare facility using physical, virtual, and synergy data processes across people, places, systems, and devices, is something that has been helping care providers across the world for some time now.

With ever more reliable techniques for accumulating and aggregating data, such as demographic illness trends and outcomes optimum designs for healthcare facilities are now being created based on community-focused care models, surgery vs. recovery times, and palliative care trends, among other things.

In monetary terms, AI can potentially generate $18 billion in savings for the healthcare industry by automating administrative tasks.

Headways in HIT offer the prospect of providing personalized care by taking into reckoning granular patient diversities. ML uses images, clinical notes, and other data points for several clinical duties, such as detecting diabetic retinopathy and distinguishing between malignant and nonmalignant skin lesions in dermatoscopic images.

Former research has ascertained that machine learning using clinical notes to augment lab tests and other structured data is more precise than an algorithm using structured data singly to stratify patients with rheumatoid arthritis and prognosticate mortality, and the incipience of critical care arbitrations in intensive care environments.

AI's ability to distinguish among patients, separating them, sometimes brings with it the uncertainty of augmenting subsisting biases, which can be particularly worrying in sensitive fields like healthcare. Since data sustain machine learning models, predilection can be encoded by modelling preferences or even within the data itself if not done right.

Additionally, this powerful technology gives rise to a neoteric set of ethical hurdles that must be recognized and alleviated since AI in HIT has a formidable potential to endanger patient preference, safety, and privacy.

How do we equipoise the pros and cons of AI in HIT? There is an advantage in speedily mainstreaming AI technology into the healthcare system, as AI raises the opportunity to enhance current care delivery models' efficacy and quality.

However, there is a need to mitigate ethical hazards of AI implementation in HIT, including threats to privacy and confidentiality, apprised acquiescence, and patient autonomy and to consider how we can integrate AI in clinical practice.

AI, which includes natural language processing, ML, and robotics, can be implemented in almost any domain of medicine. This also incorporates its latent contributions to biomedical research, medical education, and healthcare delivery.

A concept, which theoretically seems a must-have is still looked down upon by a section of professionals. Critics often question the very relevance of AI in healthcare. Fewer still believe that it is only a question of time before physicians are rendered obsolete by this technology type.

Let's get to the core of the entire deliberation and ask: Should AI, which supposedly has a better success rate than manual work, be used to supplant or augment people in critical healthcare decisions over traditional methods?

A closer inspection of this technology's role in healthcare delivery is warranted to bring forth its current strengths, limitations, and ethical complexities. Ease of use, familiarity with legacy processes, over-simplification of medical complexities at the time of data visualisation, among others, have been traditionally cited as an argument against the use of emerging technologies.

The last thing HIT champions should do is to neglect their concerns and address them with complete honesty.

The solution can be brought down to one single logic: A technology ecosystem that lets care providers do what they love doing the most, which is providing care, should be at the core of all developments. Stakeholders should become flexible in consolidating AI technology but ensure that it stays as a complementary accessory and not a surrogate for a care provider.

AI in HIT will, undoubtedly, have extensive consequences that revolutionise the practice of medicine, remodelling the patient experience and physicians' daily routines. Nevertheless, there is much to do before laying down the precise ethical framework for using AI securely and efficiently in healthcare as supplemental appurtenances.

Ultimately, physicians will still treat patients, regardless of how much AI changes the delivery of care: there should and will always be a human element in the practice of medicine. No matter how high the confidence rating for the diagnosis or therapy recommended by an AI program may be, humans and their reactions to treatment are infinitely variable at the individual level.

The conversations about AI replacing the human essence in healthcare are groundless, and no technology in the near future would ever have the potential to do this.

(Disclaimer: The views and opinions expressed in this article are those of the author and do not necessarily reflect the views of YourStory.)

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OCC Regulator Implements Groundbreaking Cryptocurrency Guidance For Banks And The Future Of Payments – Forbes

Posted: at 2:45 pm

When Brian Brooks took the role of Acting Comptroller of the Currency for the Office of the Comptroller of the Currency (OCC) in May 2020, many in the industry knew some of Brooks focus would be on fintech and blockchain technology.

Brian Brooks, OCC

Since that time, the OCC has provided interpretive letters and guidance clarifying that banks can custody cryptocurrency and stablecoins, as well as engage in stablecoin activity. The OCC also created a Special Purpose Payments Charter for FinTech companies. In December the Chief Economist of the OCC, Charles Calomiris, published a paper titled Chartering the FinTech Future, in which Calomiris set out the benefits of the OCC providing bank charters to stablecoin providers.

Todays Interpretive Letter

Today the OCC published Interpretive Letter 1174, which explains banks may use new technologies, including independent node verification networks (INVNs) and stablecoins, to perform bank-permissible functions, such as payment activities. Said simply, a bank may use stablecoins (cryptocurrencies designed to minimize the price volatility) to facilitate payment transactions for customers.

In doing so, a bank may issue stablecoins, exchange stablecoins for fiat currency, as well as validate, store, and record payments transactions by serving as a node on a blockchain (INVN).

Rationale

Todays OCC news is innovative and exciting. Not because it is a huge pivot from how banks have traditionally functioned but because the OCC is doing a notable job keeping up with the changing technology and landscape. Many criticize the US for stifling innovation and not allowing companies to evolve with innovative technology that would improve our financial system. Well, the OCC is doing just the opposite. Brooks continues to move carefully but quickly.

As todays OCC interpretive letter notes, over time, banks financial intermediation activities have evolved and adapted in response to changing economic conditions and customer needs. Banks have adopted new technologies to carry out bank-permissible activities, including payment activities. . .The changing financial needs of the economy are well-illustrated by the increasing demand in the market for faster and more efficient payments through the use of decentralized technologies, such as INVNs, which validate and record financial transactions, including stablecoin transactions.

Banks have always been a place where customers could store valuables for safe-keeping and, over time, became a critical part of our financial and payments infrastructure. The history of the American banking system (from the passage of the National Bank Act in 1863, Federal Reserve Act in 1913 and the creation of the FDIC in the Banking Act of 1933) tells a story of regulation adapting to economic realities and changing technology.

HONG KONG, HONG KONG - JULY 13:A man holds a smart phone with PayPal application is displayed on ... [+] July 13 2018 in Hong Kong, Hong Kong. (Photo by S3studio/Getty Images)

Stephen Palley, a partner in the Washington D.C. law firm of Anderson Kill drew the analogy to demand for internet banking, explaining early internet banking was met with approval by the OCC and is now ubiquitous, in spite of early concerns about the safety or practicality of such technology for secure banking services.The OCC continues to show an interest in and desire to engage with new financial technology that consumers demand.

Seen against this historical backdrop, the OCCs latest letter fits squarely into the framework of a conservative prudential regulator creating rules of the road for new and powerful technology and adapting to changing times and customer needs.

What It Really Means

So what does this really mean for the payment systems as we know it today?

While the United States financial system functions relatively smoothly, traditional payment rails are still slow, expensive and subject to banking hours and holidays.

The OCCs guidance opens the possibilities that banks will use INVNs and stablecoins to transfer funds between financial institutions faster and without the need of a government intermediary.

Kristin Smith, Executive Director of the Blockchain Association noted to me, The OCCs interpretive letter shows that there are those in government who actually understand that cryptocurrency networks are the foundation of a next generation payments system. Stablecoins, like USDC, can power faster, 24-hour real time payments in a way that existing US payments infrastructure cant handle.

Nic Carter, Partner of Castle Island Ventures added, this will allow banks to take advantage of the always-on features of public blockchains.

Banks adopting the use of INVNs and stablecoins could also vastly increase the efficiency of cross-border transactions, but that will require banks in the US and abroad to implement a lot of technology.

Carter cautioned, I don't see stablecoins imminently replacing traditional financial rails, but this is a vital first step in normalizing the notion of public blockchains as an alternative settlement infrastructure that banks can freely adopt.

The future of finance looks bright.

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Jack Dorsey says proposed cryptocurrency regulation would create perverse incentives – The Verge

Posted: at 2:45 pm

Jack Dorsey, the CEO of Twitter and Square, isnt happy about the new proposed cryptocurrency regulation. He emphasized how the regulation would hurt Square, a financial services company, in a letter posted to the company website.

In October, Square bought $50 million in bitcoin. The company also has invested heavily in the cryptocurrency ecosystem, so Square has plenty of skin in the game. The regulations create unnecessary friction and perverse incentives for cryptocurrency customers to avoid regulated entities for cryptocurrency transactions, Dorsey writes.

The regulation, proposed by the Financial Crimes Enforcement Network (FinCEN), would require financial institutions (like Square) to collect personal information about the parties involved in cryptocurrency transactions. You can read a deep-dive on them here, but the more important requirement is for financial institutions to collect the name and physical address of both parties of any large transaction theyre involved in.

The regulation aims to help prevent some of the illegal uses of cryptocurrencies, such as drug trafficking, money laundering, and international terrorist financing. But Dorseys major complaint is that they would create unnecessary friction between cryptocurrency users and financial institutions, which could lead to perverse incentives.

To put it plainly were the [regulations] to be implemented as written, Square would be required to collect unreliable data about people who have not opted into our service or signed up as our customers.

To use an example included in the letter, say a parent uses Square to send their daughter $4,000 in bitcoin. Even if the daughter is using a private bitcoin wallet on her own computer, Square would then be obligated to collect her personal information, including her physical address. Dorsey, along with other privacy advocates, sees that as an overreach, particularly given the open nature of the blockchain.

Dorsey argues the regulation could end up driving customers to use non-custodial wallets or services outside the U.S. to transfer their assets more easily, leading to FinCEN having less visibility into the universe of cryptocurrency transactions than it has today. Put simply, if people have to provide private information to a bank in order to make a transaction, theyll avoid using the bank something the CEO describes as a perverse incentive.

Whats more, Dorsey writes, it hampers innovation. The burdensome information collection and reporting requirements deprive U.S. companies like Square of the chance to compete on a level playing field to enable cryptocurrency as a tool of economic empowerment.

The letter was submitted as part of the unusually short comment period for the regulation. The standard public comment period for these types of policies is 60 days, but the comment period for this proposal is 15 days many of which were holidays. The Treasury Departments reasoning for this is due to significant national security imperatives, but it doesnt provide any further examples.

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Revolut warns that cryptocurrency XRP could become worthless – The Irish Times

Posted: at 2:45 pm

Revolut has warned customers that XRP, formerly the third-biggest cryptocurrency by market value, could become worthless.

The warning comes two weeks after the US Securities and Exchange Commission (SEC) charged associated blockchain firm Ripple with conducting a $1.3 billion (1.06 billion) unregistered securities offering.

The value of XRP has tumbled in recent weeks on the announcement. The cryptocurrency, which often moves in tandem with bitcoin, had rocketed in November to hit its highest level since 2018, as a rally in cryptocurrencies gathered pace. However, it has since lost more than half its value, while bitcoin on Sunday hit a new all-time high above $34,600 on the same day the flagship cryptocurrency marked the 12th anniversary of its creation.

XRP was trading at $0.25 on Tuesday, down from a close of $0.55 the day before the Ripple charge was announced.

In a note sent to customers, Revolut warned that although it was still possible buy and sell XRP on its platform, some exchanges had started to delist the cryptocurrency.

It said the price of XRP was volatile and that if one of its partner exchanges were to decide to delist the currency, it might have to follow suit.

We might also have to halt trading with very little notice if the liquidity on our partner exchanges drops and we can no longer buy or sell XRP. This would mean you might not be able to sell your XRP balance and could be stuck with a holding for which the price could drop to zero, in a worst-case scenario, Revolut said.

The fintech does not currently offer a service to allow users to withdraw their XRP balance to an external wallet. It said that although it would try to give advance notice if it had to suspend the buying and selling of the currency, it might not be able to do so.

Its important that you constantly reassess your crypto holdings, specifically XRP, and whether you remain comfortable with the associated risks, Revolut said. In particular, its a good idea to regularly check your buy and sell orders including any recurring buys and auto-exchanges that you may have set up to make sure you are still as happy with them as the time when you set them up.

The company, which has one million customers in the Republic of Ireland, said it would continue to monitor the situation with Ripple and the responses taken by its partner exchanges.

Revolut users held some $120 million worth of cryptocurrencies in 2019, up 152 per cent on the previous year. The company first started selling access to cryptocurrencies in 2017 with support for bitcoin, either and litecoin.

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Go Language at 13 Years: Ecosystem, Evolution, and Future in Conversation with Steve Francia – InfoQ.com

Posted: at 2:45 pm

Key Takeaways

The history of programming languages went in one direction and one direction only; with each new language, things became more complex and more abstract. Then, just a few years over a decade ago, Go got started at google. And programming languages went the other way, put a bet on simplicity and things well crafted. That recipe is kept to the day and you can say that it can start straight away writing Go code without too much of a hurdle. Thats impressive when you just think that most of the popular and reliable pieces of modern software are written in GoDocker, Kubernetes, Prometheus, and the list can continue. To understand where Go is coming from and more importantly where it is going, InfoQ reached out to Steve Francia, a core member of the Go programming language team at Google responsible for strategy and product.

InfoQ: Thank you for taking the time to answer a couple of questions from our readers. Can we start by asking you to introduce yourselves and describe your role and day-to-day job at Google?

Steve Francia: I am Steve Francia, a core member of the Go programming language team at Google responsible for product and strategy.

InfoQ: You have credited technical challenges and engineering challenges as the sparks that ignited Go thirteen years ago. Was there anything else? What were the official programming languages at Google then, and what was missing?

Francia: The primary motivation for creating Go was the recognition that our systems have grown in complexity. To keep up with exponential "Google scale" growth, complex systems were designed to address our needs. Over time new complex systems were built on top of these foundational systems/libraries and languages. People too often dont think of the hidden costs of complexity. The truth is that code is read many more times than it is written. Team velocity is significantly burdened by complexity. In contrast, Go is simple. It takes an afternoon to learn. The code is very straightforward and readable. This simplicity empowers teams to collaborate in ways never before possible.

InfoQ: How did it all start? Was it a top-down request, (management asked for a language to address the needs), or was it bottom-up? The famous 20% of innovation from Google? Engineers doing what they do best -- solving problems?

Francia: Nobody ever asked for Go. It wasnt really a 20% project. It was a conversation that led to a research project that gained traction and was adopted wider than anyone imagined. Of course, there was interest across Google from up and down the chain in finding ways to reduce complexity and increase productivity.

InfoQ: A saying in the start-up world is if you arent ashamed of your product on the day of the launch, you are probably too late. Go went public in 2011 when support for it was added to Google App Engine and YouTube started using Vitess. Was Go production-ready at launch or did people struggle to build things with it?

Francia: Go launched at the right time for Go. There was a lot of the foundation that was right, but there is a lot more in Go today that wasnt in the early releases -- which is common in open source. Most obviously, there was no "go" command, so things that Go does so naturally today like "go build" were much harder in the earlier days.

The biggest advantage of releasing early was that it enabled the community to participate in the design process of Go. Major contributions that were a big part of Gos success were provided by the community.

Our very first public releases of Go were production-ready in the sense that programs built with Go were performant and stable in production, but the Go authoring experience was still missing a lot of polish that the Go team and community were able to subsequently shape together.

InfoQ: Looking back, what was the most technical problem that you needed to address while building Go?

Francia: This is a hard one. It kind of implies that weve finished Go. I think there have been many "hardest" technical problems the Go project has addressed over the years and we are continuing to address very challenging technical issues. We are currently working on adding generics support to Go. Adding generics is a challenging task on its own, but we also want it to still feel like Go, meaning that using generics increases readability. Thats a very hard thing to do and something some of our key people have been thinking about for more than 10 years.

Over the past few years, we addressed some of the largest challenges regarding how 1dependencies are managed. We added module support to Go without introducing diamond dependencies or dependency hell, which no language has done before.

Another set of challenges is Gos history of consistent performance improvements in each release. One way this has manifested is in the reduction in garbage-collection pause latency from seconds to milliseconds to microseconds. This has been transformative for Go and critical for its success in services.

InfoQ: If you would have to restart Gos implementation, what would you do differently? Why?

Francia: With the advantage of hindsight, and as someone who has helped shape Go today, but wasnt around for the first few years, I honestly would change very little. Its a beautiful, well thought out language, and while it isnt perfect, its very nice to use.

There are a few small tweaks that I wish wed made, but to discuss them would put too big of a spotlight on really trivial things. Instead, if we could do it all over again, I wish wed made the same mistakes, only sooner. Go is growing very fast, around every 18 months the Go user base doubles in size. This means that a change made today vs. five years ago impacts around 10 times as many people.

The dependency management Go has today is amazing, but it arrived maybe five years later than it should have. This delay made an already hard problem much harder and caused undue stress on the community as a result.

Similarly, the big language change we are working on now is generics. It will impact the community in a significant way. If we could do it all over again, with the hindsight of understanding how important this feature would be, I wish we would have started work in earnest on it maybe seven years earlier.

InfoQ: What does the Go programming language still lack?

Francia: As a language, generics are really the only major feature were missing and as I said earlier, we are currently focused on it. There is a playground available where you can use the prototype language feature today and give feedback.

Beyond this, most of the work to be done is refinements and polish, largely in the space around the language itself. For tooling, we have plans to improve the authoring, releasing, and editing experience. We are also working on helping people make better decisions about their dependencies.

InfoQ: Go was started at Google, but it is open-source now. Whos calling the shots these days on what will be implemented?

Francia: In November 2020, Go celebrated 11 years of open source. Go has a well-defined proposal process that determines the entire direction of the project. Ideas and experiences come from everywhere -- every corner of the community. They are posted to the project on Github as proposals. From there the community weighs in on how they feel about the proposal and help to refine the idea further. The proposal committee meets weekly to review the open proposals. Currently, there are six committee members, four of whom are Googlers. This weekly meeting is mostly "gardening," the decisions almost always happen from the community discussions on the proposal issues themselves. Unless the issue discussion has a clear consensus of yes, the proposal is declined. By design and intent, changes to Go happen slowly and deliberately in the open. The process is designed to reinforce this.

InfoQ: How did Gos ecosystem evolve with its increasing popularity? Go was mainly focused on networking and infrastructure at first. How did its usage evolve over the years?

Francia: One of the fascinating things about Go is how its journey took the project on a very different path than the founders had initially planned. They began Go with the intent of building a replacement for the popular high-performance server-side programming languages, which at the time were Java and C++. The founders thought that a simpler language could dramatically increase productivity for this class of developers while retaining performance.

While Go made some inroads with Java and C++ engineers, most of Gos early adoption came from dynamic language programmers, coming from languages like Python, Javascript, Ruby, and PHP. It turns out that Go initially appealed far more to the dynamic class of language who saw an opportunity to retain productivity while dramatically increasing performance.

As Go and its ecosystem has matured, Gos adoption has extended into the enterprise, and the initial audience of Java, C++, and C# engineers have accelerated their adoption of Go.

One of Gos distinguishing features is that with a small language, most of the innovation happens in the ecosystem. We are consistently surprised by the creative and diverse directions that the community is taking Go. Gos strength is still the cloud/server applications that Go is such a good fit for, but it turns out that Go is a really good fit for a lot of other types of applications as well. DevOps/SRE, CLI, web applications, and data processing have all taken to Go. Now we are seeing Go used for microcontrollers, robotics, gaming, and more.

InfoQ: Kubernetes, Docker, and Prometheus are all written in Go. Are there any other tools written in the language?

Francia: There are far too many tools to list here. Some of the more popular tools I use regularly are:

A more extensive list can be found on Awesome Go.

InfoQ: Go is highly efficient and reliable when it comes to networking and systems programming, but what would be a space where Go wouldnt fit?

Francia: Speaking for myself, I think there are only three modern languages today. Each was thoughtfully designed to address different shortcomings of prior generation languages, resulting in each excelling at largely different things and complimenting the others well. Heres how I see the three languages:

I think the majority of "modern" workloads over the next 10+ years will be written in one of these languages. Of course, there will always be legacy workloads that need to be supported, so please dont read this as suggesting any languages demise. And there are definitely areas where niche languages like R, SQL, and even Javascript, have a role to play.

InfoQ: Steve, I remember attending a conference a couple of years back in Budapest where you held a workshop about using Go. I had the feeling that you would recommend Go more to your enemies than to your friends -- why was that?

Francia: That was a great conference and my first time in Budapest. Ive been back a few times since, its one of my favorite cities, such charm.

Many years ago now, I was working for MongoDB. My role there was leading the developer experience team which meant I was responsible for everything that touched our users. This included documentation, websites, developer relations, the MongoDB interface, and designing and engineering our integrations with languages and frameworks. It was a very broad and challenging role that required my team to write in over 10 different programming languages (and several human languages as well). I had used many languages myself over my career up to that point and made it a goal of being able to contribute to each of our languages. At the time I considered myself a polyglot and reveled in this opportunity to extend my experience and learn about these different languages.

At first, we focused on supporting the most popular languages, while I kept looking for what "the next language" might be. My first "next language" that I learned was Scala, thanks to Martin Oderskys free online course in Scala. I enjoyed learning the language and kept searching. The next language I tried was Go. I fell in love. It was like someone designed a language just for me. I spent a lot of my free time, mostly 3+ hours a day on a train commuting to Manhattan, writing Go software. This is where Hugo, Cobra, Viper, Afero, and many other libraries and applications were born.

In the process, I learned I wasnt a polyglot, I just hadnt found my language yet. Since the moment I first used Go, Ive immersed myself in the Go community and ecosystem, giving trainings around the world, speaking at many conferences, and organizing several events. Ive spent the last seven years telling anyone who will listen about Go and along the way I somehow convinced the Go team and Google to let me join them. Beyond this, Ive also helped countless others tell their stories, many of which are on Go.dev.

InfoQ: Go is 13 years old, so a teenager. What do you think about it? Is it the reliable type making the life of its users easier or still rebellious and moody, making it tricky to work with?

Francia: As a user, I think Go has never been better. The migration to modules happened quite smoothly. Go is very stable and its performance keeps getting better. The Go tooling also keeps getting better and better. Go.dev is a great one-stop resource, centralizing all the end users references, tutorials, documentation, and libraries from the entire community in one place. I might be biased, but as a Go user first, long before joining the Go team, Im very happy with where Go is now and where were going.

InfoQ: What would you recommend as a toolbox for Go development?

Francia: One of the great things about Go is that it really meets you where you are. Go development is pretty much identical on Mac, Linux, or Windows, and Gos cross-compilation makes it trivial to build for any arch and OS. With the introduction to the gopls language server, all editors and IDEs have a great experience writing Go. The Go tooling that ships as part of the Go distribution contains everything a developer needs to get started with the language.

I split my time between the three OSs, though I mostly develop on Windows using either VSCodium or Vim. I use the Cobra tool and library a lot, but my personal use of Go these days is mostly building little CLI apps and utilities to automate or streamline tasks so it fits well.

InfoQ: How steep is the learning curve for somebody starting from scratch with Go? What would your recommendations for a greenhorn be?

Francia: As I mentioned earlier, one of Gos biggest strengths is how easy it is to get started. People are often shocked, but its really true -- you can read and digest the entire Go spec in an afternoon. You can learn Go in a weekend. Within a couple of weeks, you can be proficient in writing Go. Some are even faster than this. If you come to the language with the experience of a few other languages, you can pick up Go very quickly.

When we meet with companies that have adopted Go, this is one of the most consistent things they tell us. Go is just so easy to pick up.

InfoQ: What would be the prerequisites for a Go newb?

Francia: Honestly, just time and interest. Go is for everyone. There are some great getting started resources on go.dev curated from across the community.

InfoQ: Gos evolution was surprising for everybody, including yourselves. Where do you see Go in the next decade?

Francia: If we look across the history of computer languages, the vast majority of the mainstream languages hit their stride between 1520 years in. This is true for Java, Python, Ruby, JavaScript, and many others. In the 13 years since its inception, Go has established a great foundation and is becoming a mainstream language. Go has distinguished itself as simultaneously providing high performance and high developer productivity.

Over the next 10 years, the massive shift towards cloud computing will only continue to accelerate. Companies want to reduce their time to market, decrease their operating costs, and increase their security. The first phase of this migration will largely be migrating their existing workloads to the cloud. Go has a key supporting role to play here providing API bridging to enable "legacy" workloads to run on cloud services. The second, much more significant phase, will be the industry shifting to take advantage of the unique cloud offerings, increasingly moving to cloud-native application development. In these cases, Go is the clear choice.

All cloud providers are writing their critical infrastructure in Go. As companies look to modernize, what company wouldnt want to use a safe and secure language, battle-tested over decades of critical workloads from some of the worlds largest companies, a language that will both reduce development costs and dramatically reduce their operating costs? In short, Go will be synonymous with cloud development, and cloud development will grow to be the overwhelmingly largest segment of the industry.

InfoQ: What should I have asked you but didnt?

Francia: It is impossible to talk about a language and not talk about its community. In a very real sense, Go exists because of the millions of people around the world writing in Go. The Go community is strong, welcoming, and diverse. This year, like everyone, the Go community had to adapt, and adapt it did. All around the world, Gophers came together and helped each other. 30 (virtual) conferences were held. Hundreds of meetups (mostly virtual) and significant growth in participation on /r/golang and Gopher slack. Two noteworthy new community-led programs were launched to help new Gophers play-with-go.dev and mentoring.gobridge.org.

We are grateful for all of the Gophers around the world who are contributing to the thriving ecosystem that is Go and look forward to the bright future of Go together.

Over the past 25 years, Steve Francia has built some of the most innovative and successful technologies and companies which have become the foundation of cloud computing, embraced by enterprises and developers all over the world. He is currently product and strategy lead for the Go Programming Language at Google. Previously, he held executive/director roles at Docker, MongoDB, and the Drupal Association leading engineering, product, developer relations, operations, and open source. Steve is the creator of Hugo, Cobra, Viper, spf13-vim, and many additional open-source projects, and he has the unique distinction of leading five of the worlds largest open-source projects. He is a published author, speaker, developer, mentor, and above all, a father of four. Outside of technology, Steve likes photography, travel, skateboarding, punk rock, and dystopian films.

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Go Language at 13 Years: Ecosystem, Evolution, and Future in Conversation with Steve Francia - InfoQ.com

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Cryptocurrency trade may be more action-packed in 2021, say analysts – Business Standard

Posted: at 2:45 pm

Cryptocurrencies are expected to see increased activity this year with more avenues opening up for their utility, including banking services, trade, and remittances, apart from the investment interest in India. Trading volumes have increased almost eight times since March after the Supreme Court allowed banks to deal with cryptocurrency exchanges.

As 2021 started, the price per Bitcoin, the worlds largest and oldest cryptocurrency, crossed $34,500 globally on January 3. However, it slipped a day later to $30,000 levels. In India, it is currently around Rs 22 ...

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First Published: Tue, January 05 2021. 06:10 IST

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Bitcoin jumps to record $28,600 as 2020 rally reaches new heights – CNBC

Posted: at 2:44 pm

An illustration of bitcoin on Euro banknotes.

Nicolas Economou | NurPhoto via Getty Images

Bitcoin on Wednesday jumped to a record $28,599.99, after the digital currency almost quadrupled in value this year amid heightened interest from bigger investors.

The world's most popular cryptocurrency was last up 2.3% at $28,012. It has surged by nearly half since breaking $20,000 for the first time on Dec. 16.

Bitcoin has increasingly seen demand from larger U.S. investors in particular, attracted by its perceived inflation-hedging qualities and potential for quick gains, as well as expectations it would become a mainstream payments method.

Investors said limited supply of bitcoin - produced by so-called "mining" computers that validate blocks of transactions by competing to solve mathematical puzzles - has helped power upward moves over recent days.

Many recent entrants to the market are holding onto positions, they said.

"The supply side to the bitcoin market will remain tight," said Jacob Skaaning of crypto hedge fund ARK36.

The latest gains took bitcoin's market capitalization past $518 billion, according to industry website CoinMarketCap.

Other major cryptocurrencies, which tend to move in tandem with bitcoin, were flat. Ethereum, the second biggest, was down 0.4%, on track for a 2020 gain of around 465%.

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Ebang International Holdings Inc. to Launch Cryptocurrency Exchange in the First Quarter of 2021 – GlobeNewswire

Posted: at 2:44 pm

HANGZHOU, China, Dec. 31, 2020 (GLOBE NEWSWIRE) -- Ebang International Holdings Inc. (Nasdaq: EBON, the Company, we or our), a blockchain technology company in the global market, today announced that the Company expects to commence public testing of its cryptocurrency exchange and officially launch the exchange in the first quarter of 2021. Currently, the Company has completed the internal testing of its cryptocurrency exchange.

Mr. Dong Hu, Chairman and CEO of the Company, commented, The completion of the internal testing of our cryptocurrency exchange is another step forward in expanding our blockchain financial services business. Meanwhile, we will also explore other business opportunities in the blockchain and cryptocurrency industry such as establishing mining farms and cryptocurrency mining to optimize the structure of our offerings in the blockchain industry value chain.

About Ebang International Holdings Inc.

Ebang International Holdings Inc. is a blockchain technology company with strong application-specific integrated circuit (ASIC) chip design capability. With years of industry experience and expertise in ASIC chip design, it has become a leading bitcoin mining machine producer in the global market with steady access to wafer foundry capacity. With its licensed or registered entities in various jurisdictions, the Company seeks to launch a professional, convenient and innovative digital asset financial service platform to expand into the upstream and the downstream of blockchain and cryptocurrency industry value chain. For more information, please visit https://ir.ebang.com.cn/.

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements include, without limitation, the Companys development plans and business outlook, which can be identified by terminology such as may, will, expects, anticipates, aims, potential, future, intends, plans, believes, estimates, continue, likely to and other similar expressions. Such statements are not historical facts, and are based upon the Companys current beliefs, plans and expectations, and the current market and operating conditions. Forward-looking statements involve inherent known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Companys control, which may cause the Companys actual results, performance and achievements to differ materially from those contained in any forward-looking statement. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the U.S. Securities and Exchange Commission. These forward-looking statements are made only as of the date indicated, and the Company undertakes no obligation to update or revise the information contained in any forward-looking statements as a result of new information, future events or otherwise, except as required under applicable law.

Investor Relations Contact

For investor and media inquiries, please contact:

Ebang International Holdings Inc. Email: ir@ebang.com.cn

Ascent Investor Relations LLCMs. Tina XiaoTel: (917) 609-0333Email: tina.xiao@ascent-ir.com

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Ebang International Holdings Inc. to Launch Cryptocurrency Exchange in the First Quarter of 2021 - GlobeNewswire

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Bitcoin could hit $100,000 by end of 2021, analyst predicts – The Irish Times

Posted: at 2:44 pm

Bitcoin could soar to $100,000 this year on the basis of current trends, according to Marcus Swanepoel, chief executive of Luno, a London-based cryptocurrency platform.

The cryptocurrency climbed above $34,000 for the first time on Sunday, extending a record-breaking rally in the volatile currency that delivered a more than 300 per cent gain last year.

While it fell in value on Monday, it remained close to record levels.

With 2021 trading in key financial markets only just commencing , bitcoin has resumed its dizzying ascent, rising more than 10 per cent in the first few days of January.

Even the most bullish of bitcoin advocates could not have foreseen such a meteoric rise in price in such a short space of time, said Marcus Swanepoel, chief executive of Luno, a London-based cryptocurrency platform. History suggests a small pullback could follow, he added.

But the pattern weve seen in the build up to this milestone a consistent increase, rather than one sharp spike sets bitcoin up extremely well for this year, Mr Swanepoel said. He added that something approaching the $100,000 mark before the years end was possible.

The rally has fed concerns that bitcoin is set to repeat the events of three years ago, when a bull market dramatically collapsed. When the cryptocurrency set a record high in November, economist Nouriel Roubini called it a pure speculative asset and bubble with no fundamental value.

But some analysts have pointed to an increase in corporate and institutional interest in bitcoin. Well-known investors such as Paul Tudor Jones and Stanley Druckenmiller have thrown their weight behind it, and crypto-focused hedge funds have outshone peers.

The recent gains have far outpaced mainstream asset classes. Bitcoin rose 305 per cent last year, compared with the 16 per cent lift in Wall Streets blue-chip S&P 500 stock index, and golds 25 per cent rally.

Marc Bernegger, a board member at digital asset manager and broker Crypto Finance, said he would not be surprised to see a healthy correction in bitcoins price in the short term. But he is positive over the longer term, due to massive demand from professional and non-speculative oriented investors.

Fundstrat analysts in late December said the conditions remain in place for a continued rally, citing institutional demand and a clearer approach to the sector from US regulators, as well as the possibility that the latest fiscal stimulus package agreed by Congress could fuel demand from retail investors.

Bitcoins rally has been helped by signs that the cryptocurrency is becoming more integrated into the financial system. In October, PayPal said US customers would be given the option of holding bitcoin in their digital wallets. In December, crypto exchange Coinbase filed with regulators to go public. - Financial Times

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