Archive for the ‘finance’ category

Feb 20, 2017

CellAge Campaign: iPhone Reward Raffle Draw

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

Mantas from CellAge picks a winner for the iPhone Raffle Reward! ►Campaign Link:…c-biology/ ►Subscribe:
►Reddit AMA:…ells_with/

Our society has never aged more rapidly – one of the most visible symptoms of the changing demographics is the exponential increase in the incidence of age-related diseases, including cancer, cardiovascular diseases and osteoarthritis. Not only does aging have a negative effect on the quality of life among the elderly but it also causes a significant financial strain on both private and public sectors. As the proportion of older people is increasing so is health care spending. According to a WHO analysis, the annual number of new cancer cases is projected to rise to 17 million by 2020, and reach 27 million by 2030. Similar trends are clearly visible in other age-related diseases such as cardiovascular disease. Few effective treatments addressing these challenges are currently available and most of them focus on a single disease rather than adopting a more holistic approach to aging.

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Feb 10, 2017

The Future for Financial Services

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

Of course it will; and already been tested in some institutions.

Could quantum computing change the way we look at Financial Services? Frederik Kerling, Business Consultant at Atos, considers its impact in this piece of speculative fiction.

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Feb 9, 2017

Disrupting the White House: Peter Thiel’s Influence is Shaping the National Security Council

Posted by in categories: finance, policy, security

Over the past week, the White House appointed five new senior National Security Council staff officials. Two in particular signify the emerging and disruptive influence Billionaire tech investor Peter Thiel could have on U.S. national security and how he might bring his venture capital perspective — visionary but unconventional leaders, big bets on disrupting established industries — to national security.

Kevin Harrington, a Thiel acolyte, has been named Deputy Assistant to the President for strategic planning. Since early December, Harrington served on the Trump “landing team” at the Commerce Department, where his job was to help hire people for open positions and identify policy priorities. Before that, he worked at hedge funds started by Thiel. Michael Anton, a former executive at an investment management firm and speechwriter, was named Deputy Assistant to the President for Strategic Communications, virtually the same job that Obama advisor Ben Rhodes held. POLITICO reports that he received the position “thanks to an entree from Thiel.”

The Harrington appointment is unusual for a couple of reasons. First, the elevation of this position to “Deputy Assistant to the President,” the second highest rank within the White House, suggests that Harrington will have a larger role than his predecessors. Although the strategic planning office is one of the most important at the NSC, it is typically staffed by a lean team of forward thinkers and the head of the office is ranked accordingly.

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Feb 8, 2017

Here’s what the Future of Banking Security Might Look Like

Posted by in categories: finance, privacy, quantum physics, security

Quantum Tech and Bank security.

BT’s research arm showcased the future of banking technology, including quantum key distribution and biometrics.

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Feb 5, 2017

Scientists Chasing the Dream of Quantum Computing

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

The bottom-line why folks are investing so much in QC is frankly because it means you will be behind everyone else who has adopted a superior infrastructure. As a consumer, if I can use my private information to secure a loan or access my medical information without fear of exposure of my information as well as performance of my online media and other online services are 100 times faster than any known network service to date; it doesn’t take a brain surgeon to know what I will do,

And, banks, trading houses, etc. know this.

Thanks to the collaborative effort of an international team of scientists led by Professor Winfried Hensinger of the University of Sussex in UK, the world may have gotten one step closer to building the most powerful computer ever — a large-scale quantum computer capable of solving ultra-complex problems that will take a regular computer billions of years to solve.

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Feb 3, 2017

Quantum RAM: Modelling the big questions with the very small

Posted by in categories: climatology, computing, finance, quantum physics, singularity, sustainability

Nice write up. What is interesting is that most folks still have not fully understood the magnitude of quantum and how as well as why we will see it as the fundamental ingredient to all things and will be key in our efforts around singularity.

When it comes to studying transportation systems, stock markets and the weather, quantum mechanics is probably the last thing to come to mind. However, scientists at Australia’s Griffith University and Singapore’s Nanyang Technological University have just performed a ‘proof of principle’ experiment showing that when it comes to simulating such complex processes in the macroscopic world quantum mechanics can provide an unexpected advantage.

Griffith’s Professor Geoff Pryde, who led the project, says that such processes could be simulated using a “quantum hard drive”, much smaller than the required for conventional simulations.

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Feb 2, 2017

Solar Power Has Officially Become the Cheapest Source for New Energy

Posted by in categories: finance, solar power, sustainability

When it comes to obtaining new energy, solar energy now costs less than fossil fuels, according to a report by the World Economic Forum (WEF). Data from Bloomberg New Energy Finance (BNEF) also show decreased prices, with the mean price of solar power in about 60 countries dropping to $1.65 million per megawatt, closely followed by wind at $1.66 million per megawatt.

Michael Drexler, Head of Long Term Investing, Infrastructure and Development at the World Economic Forum, found the downturn in prices to be an encouraging sign.

“Renewable energy has reached a tipping point—it now constitutes the best chance to reverse global warming. Solar and wind have just become very competitive, and costs continue to fall. It is not only a commercially viable option, but an outright compelling investment opportunity with long-term, stable, inflation-protected returns.”

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Jan 28, 2017

HDFC Bank deploys humanoid built by Kochi firm in Mumbai

Posted by in categories: finance, robotics/AI

KOCHI: HDFC Bank has deployed an interactive humanoid at its Kamala Mills branch in Mumbai. Intelligent Robotic Assistant (IRA) was developed in partnership with Kochi-based startup Asimov Robotics. IRA will be used for customer service.

With the launch of IRA, HDFC has become the first bank in the country to deploy humanoid for customer service. “Our first humanoid is unique and will serve as a technology demonstrator in the field of artificial intelligence and robotics,” said HDFC Bank digital banking country head Nitin Chugh.

Developed using robotics and artificial intelligence technology, IRA will be initially positioned near the bank’s welcome desk where it will display the services, greet customers and guide them to the counters — cash deposit, foreign exchange, loans etc.

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Jan 28, 2017

The wisdom of crowds

Posted by in categories: finance, internet

This talk was given at a local TEDx event, produced independently of the TED Conferences. Karl explains how the wisdom of crowds can be harnessed in powerful new ways.

Karl is the Founder of slowXchange a London based Internet platform that crowdsources forecasts on the financial performance, creditworthiness and management quality of the world’s top 2,000 listed companies. A CPA with an MBA [Deans List] from Columbia University, he is an inveterate optimist when it comes to the capacities of people and technology to solve today’s problems.

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Jan 27, 2017

While the world apparently burns and social media makes billions of people crazy, here’s some truths for you this morning: Robots are partying it up (see pic) as the technology side of the stock market hit an all-time high this week

Posted by in categories: finance, transhumanism

No other metric of the state of #transhumanism (or science) says more than a healthy technology stock market. Complain all you want, but the smart money knows what’s happening. And smart money begets innovation—and innovation improves lives. Also, Obama in his 2nd term was a poor ad seller for media—it’s because he was stable and offered few surprises. However Trump (and his dramatic actions) might save and transform the entire media industry, as press bash and explore him relentlessly (and make a fortune in ads doing so as liberals and conservatives eat it up and fight over it all). However, always remember, media companies, whether they’re liberal or conservative, do not exist to serve you and deliver news, but to sell ads to shareholders (like Facebook too which is also near an all time high in stock price) so they can get richer. Media companies that were once struggling are doing better now. I’m not taking sides on any of these issues…I’m just reminding you of a few simple truths on how the world works. Have a nice day!

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