Archive for the ‘finance’ category

Sep 20, 2016

Quantum chip keeps you guessing

Posted by in categories: computing, economics, finance, nanotechnology, quantum physics

Random numbers have become important in daily life, given how they are at the heart of e-commerce and secure communications and also form the basis of statistical methods of solving problems in engineering and economics. And yet, truly random numbers are difficult to generate. A series of seemingly random numbers can still show patterns, and this can lead to frauds in e-commerce or errors in computations. Carlos Abellani, Waldimar Amaya, David Domenech, Pascual Munoz, Jose Capmany, Stefano Longhi, Morgan W Michell and Valerio Pruneri from the Institutes of Science and Technology and the Institute of Research and Advanced Studies at Barcelona, Polytechnic University and the firm, VLC Photonica, at Valencia and the Institute of Photonics and Nanotechnology at Milan, describe in the Optical Society’s journal, Optica, a method of using quantum effects to generate truly random numbers with the help of a miniature device that can be embedded in a mobile phone. The operative quality of random numbers is that those in a series cannot be predicted from the preceding ones, nor even any of the digits that appear in them.

Once a random number has been exchanged by a pair of correspondents, they can base a code on this number and keep their exchanges confidential. Devices like computers, which handle e-commerce transactions, thus routinely generate hundreds of large random numbers. The numbers generated by a complex formula are based on a “seed” number to get started, and do pass many statistical tests of randomness. The numbers, however, are not truly random and if a third party should guess the “seed” that was used, he/she could work out the numbers and impersonate others in transactions. Real random numbers are created not by a formula but by physical processes, like the last digits of the number of grains in a handful of sand, the throw of honest dice or even the last digit of the daily stock market index.

Sep 7, 2016

Quantum computing threatens the most sophisticated cybersecurity, says report

Posted by in categories: cybercrime/malcode, finance, government, quantum physics

I am glad that more folks are beginning to start to understand the magnitude and depth of the risk & exposure that QC presents even within the next 4 to 5 years. However, what about everyone else? Folks need to understand that the transformation to QC in the infrastructure alone is a substantial investment and timeline. So, as I have highlighted many times; I hope folks have baked in QC into their future state architectures & investments because a transformation (depending on company size and complexity) could span many, many years.

The study purports there is a 50 per cent risk that many of the cybersecurity tools used by financial institutions, online retailers and government agencies will be obsolete by 2031.

September 6, 2016 by Canadian Staff.

Sep 6, 2016

Quantum Computers Are Coming, and the World Might Not Be Ready

Posted by in categories: chemistry, computing, finance, quantum physics

Computadores qu nticos estão chegando. O mundo pode não estar pronto.
A mec nica qu ntica, Carl Sagan observou certa vez, é tão estranho que o “senso comum é quase inútil em se aproximar dela.” Os cientistas ainda não entendem exatamente por que a matéria se comporta como faz no nível qu ntico. No entanto, eles estão ficando melhor a exploração dos seus din mica peculiar — de maneiras que podem em breve revolucionando o negócio tecnoloco.

Não é surpresa, então, o investimento no campo está crescendo. IBM, Microsoft e Google são todos construção de laboratórios de pesquisa qu ntica. Startups estão se preparando. Os bancos estão muito interessados na verdade. Governos ver aplicações para a exploração espacial, a investigação médica e de coleta de inteligência. Agência de Segurança Nacional dos Estados Unidos, na verdade, foi discretamente tentando construir um computador qu ntico, durante anos, na esperança de que ele iria fazer um código-breaker imparável.

Via Bloomberg.

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Sep 1, 2016

Russia, China Collaborate On New eCommerce Site

Posted by in categories: cybercrime/malcode, finance, food, media & arts, mobile phones

This one makes me to want to dig more into the reason especially since just last week Russia announced its distrust of Chinese tech being used to hack into Russia’s governmental systems, etc. And, one thing about Russia and China is their protection and involvement in commerce and financials.

New trade routes are expanding between Russia and China. That’s according to Russia’s Far East Development Fund, which said an agreement has been made with Chinese technology company LeEco to develop an eCommerce platform focused on increasing food exportation to China.

LeLive, the name of the new platform, will broaden and increase sales of Russian agricultural items and products in the Chinese market. Facilitated by LeEco’s online platform — called “Le Ecosystem,” which has a monthly connection with more than 800 million users — the goal of the platform is to meet Chinese customers’ needs. Russian goods that will be available through the platform range from basics, like flour, butter and honey, to assorted beverages, sweets, canned meats and nuts.

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Sep 1, 2016

Why US tech companies struggle in China but thrive in India

Posted by in categories: finance, government

China has never had the intention for US Tech to walk away with the profits taken from their consumers. And, why should they? China (especially the Chinese Government) has invested heavily in their people in multiple ways. Any country where the government has owned many areas such as financials, tech, etc. plus invested in their people’s social services is not going to simply allow a company from the west to walk in set up shop and pocket huge profits from their citizens especially when they have brilliant people and money to develop their own SV.

The success of US tech companies in India boils down to 3 factors: consumers, the local competition, and the government.

Aug 31, 2016

What Mind-Controlled Drones Mean for the Future of Digital Marketing

Posted by in categories: bioengineering, biotech/medical, drones, finance, government, neuroscience, robotics/AI, wearables

Luv this article because it hits a very important topic of how will things change with BMI/ mind control technology in general. For example with BMI will we need wearable devices? if so, what type and why? Also, how will banking, healthcare, businesses, hospitality, transportation, media and entertainment, communications, government, etc. in general will change with BMI and AI together? And, don’t forget cell circuitry, and DNA storage and processing capabilities that have been proven to date and advancing.

When you take into account what we are doing with synthetic biology, BMI, AI, and QC; we are definitely going to see some very amazing things just within the next 10 years alone.

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Aug 29, 2016

China using Technology over Nature: Weather Modification Office

Posted by in categories: climatology, economics, energy, finance, food

China has always been a frontrunner, especially in technological advancements. The country has engaged itself in increasingly audacious and ambitious projects. It is, therefore, no astonishment in calling China, ‘the rising power’.China has established Weather Modification Offices, that enables in manipulating weather using technology. The offices are a network of dedicated units that help in changing the weather throughout China. 55 billion tons of rain is created by China every year, making the country the largest cloud seeder on earth.

China has found the urge to manipulate weather mainly because of the extreme climate it experiences. The region has heavy downpour in rainy season while it suffers from drought in summers. Dust and sand storms are common in springtime. Moreover, given the fact that China has the largest population, it cannot afford to rely on climate. Most importantly, for agriculture. China found the only hope in technology in the manipulating weather for accruing benefits.

Weather modification offices require huge financial resources, human capital and weaponry. It is no wonder that China has spent millions of money on weather modification process. It has spent $150 million on single regional artificial rain program. China has escaped $10.4 billion dollars economic losses by employing weather modification system from 2002 to 2012. Over 35000 people have been employed to carry out this project. About 12000 rocket launchers are being used to fire pellets containing silver iodide into the clouds.

Aug 28, 2016

How AI Will Redefine Love

Posted by in categories: biotech/medical, computing, finance, robotics/AI

Artificial intelligence is beginning to disrupt entire industries from finance to medicine. Yet the most revolutionary application has yet to arrive—and it’s an existential one.

As thinking machines become more integrated into our lives, we must expect a transformation in how we define what it means to be conscious; what it means to live and to die; and ultimately, what it means to love a non-human being.

These questions are artfully explored in the plot of the 2013 sci-fi film, Her, which tells the story of a man who falls deeply in love with an intelligent operating system. This OS, Samantha, is designed to evolve and adapt her personality to appeal to Theodore. She has a very human voice and provides constant empathetic support. As Samantha’s psychological and intellectual capacities grow, so does Theodore and Samantha’s love for each other.

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Aug 27, 2016

Aubrey de Grey — Pushing back Death

Posted by in categories: biotech/medical, finance, life extension

Even insurance companies are taking longevity seriously now!


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Aug 25, 2016

Financial Networking Company Prepares for?Post-Quantum World

Posted by in categories: cybercrime/malcode, encryption, finance, privacy, quantum physics

Interesting read on IPC Systems Inc. is partnering with U.K. startup Post-Quantum to (in their own words) “offer its clients encryption, biometric authentication and a distributed-ledger record-keeping system that the software company says is designed to resist hacking — even by a quantum computer.” — I will be researching this more.

(Bloomberg) — When it comes to cybersecurity, no one can accuse IPC Systems Inc., the New Jersey-based company that builds communications networks for trading firms and financial markets, of preparing to fight the last war.

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