Lifeboat Foundation

Such is the promise and peril of NFTs.

NFTs, or non-fungible tokens, offer many potential benefits to creators. They apply the mechanisms of scarcity to digital assets by allowing artists to render them as one-of-a-kind collectibles, like a painting or a baseball card. This means artists — especially digital artists — who have struggled to make their streamable, screenshot-able or reprintable work hold value — can price their items at rates appropriate for something in short supply.

However, the digital trading mechanism is still in nascent stages, and rife with scams, hacks and copyright issues. Beeple was hit by an organized hack, for example. While artists can sometimes find financial solvency with NFTs, other times, they lose millions.

Three pilot tests for digital transactions without the internet were successfully completed by India’s central bank (RBI). Based on the experience of 240,000 transactions, the RBI has created a framework which will be available on the platforms of banks, credit cards, and payment apps.

#DigitalPayments #Internet #WION

Continue reading “Soon, Indians will make digital payments without internet” »

Picture credit: Knightscope.

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga.

Robots patrolling around shopping malls, casinos and places of work actively looking for criminal activity might no longer be something straight out of a science fiction novel or movie. Knightscope, Inc., a Silicon Valley Based startup, is building and deploying fully autonomous security robots that deter, detect and report crime.

Yahoo Finance’s Dani Romero reports on the increasing use of robots and automation by restaurants and retailers amid the pandemic and labor shortages.
Don’t Miss: Valley of Hype: The Culture That Built Elizabeth Holmes.
WATCH HERE:

Watch the 2021 Berkshire Hathaway Annual Shareholders Meeting on YouTube:
https://youtu.be/gx-OzwHpM9k.

Continue reading “Robot use on the rise as restaurants and retailers experience labor shortages” »

Hackers breached the computer networks of a southeast Florida health care system in October and may have accessed sensitive personal and financial information on over 1.3 million people, the health care system announced this week.

Social Security numbers, patient medical history and bank account information are among the data that have been exposed in the breach of Broward Health, a network of over 30 health care facilities serving patients across roughly 2 million-person Broward County, Florida, according to a notice the health care provider filed with the Office of the Maine Attorney General.

About 470 of the data breach victims live in Maine. Like other states, Maine law requires organizations that hold state residents’ personal data to file a disclosure when they’ve been hacked.

Today, technical decision-makers at companies, whether big or small, try to look for flexible ways to speed up application development and ensure long-term scalability for their engineering teams. Configuring solutions such as AWS requires a team of in-house experts, which is expensive and takes time to build. In fact, more than 77% of all tech companies run into DevOps challenges across the board, including cost, risks, security, optimization of the deployment pipeline, and scaling.

San Francisco-based Zeet, a platform that solves DevOps challenges and accelerates application deployment for startups, has raised $2 million in a seed round of funding led by venture capital firm Race Capital. The company plans to use the funding, which also saw participation from GGV Capital, Founders Inc, and multiple engineering leaders, to build out its teams across areas ranging from engineering to marketing and meet growing demand from customers.

Founded in 2020 by Johnny Dallas and Zihao Zhang, Zeet strives to tackle these bottlenecks through automation. The solution connects to a cloud account and automates traditionally manual DevOps tasks, allowing a team to quickly go from code to a scalable application.

The University of Copenhagen in Denmark is a very unique place. Apart from being one of the oldest universities in Scandinavia, it is also one of the top universities in the world. So far, 39 Nobel laureates have been affiliated with the University and it sports a spectacular center for healthy aging which hosts the Biology of Aging lab. In September 2021 the University of Copenhagen hosted the 8th annual Aging Research and Drug Discovery (ARDD) meeting.

This year’s ARDD meeting, held at the Ceremonial Hall of the University, was the largest conference on aging and biopharma in the world for the second consecutive year.

Continue reading “Can The Pharmaceutical Companies Use Basic Aging Biology To Develop Drugs For Age-Related Diseases?” »

Blockchain Technology on Mars.

Can a Mars economy be established on top of Blockchain Technologies?

Continue reading “Blockchain Technologies on Mars — Building a cryptocurrencies economy on another planet” »

US authorities asked major telecoms operators to hold off on their planned rollout of 5G networks for a second time, after aerospace giants Airbus and Boeing voiced worries about potential interference. US requests delay on 5G rollout amid air traffic concerns.

The rollout and delay represent financial problems for two key US industries.

The telecom operators that paid billions for frequency licenses are eager to launch the commercial use of the 5G technology.

Continue reading “US requests delay on 5G rollout amid air traffic concerns” »