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Researchers Making Progress With Quantum Computing

I personally can confirm that QC is not being worked on and advance by just a couple groups such as D-Wave and IBM. The questions/bumps in the road that we will all face is threefold:

1) how do we standardize the QC? right now (like most innovation) is done in siloes and limited cross-collaboration across government, labs & universities, and commercial companies. 2) governance and compliance; how will these need to change across multiple areas 3) id & mitigate all impacts instead of after deployment (don’t be reactive) because we will not have that luxury due to hackers.


There is a temptation to lump quantum computing in with technologies such as fusion power in the sense that both have been proposed for decades with the promise of tremendous leaps in performance.

Whilst fusion power continues to frustrate, there are signs of real progress being made in quantum computing. There is barely a tech giant in the world that doesn’t have dedicated teams working on the topic, and these teams are beginning to bring quantum computing out of the lab and into the real world.

At the forefront of this is IBM, who recently announced that they would connect up a quantum computer to the web and allow us to play with it. The project involves a 5 qubit machine, with a qubit allowing it to operate in both ‘0 and 1’ states at the same time, thus increasing its potential computational power enormously. A one qubit machine has roughly 16 possible states, but once you get over 300, you begin to exceed the number of atoms in the universe.

Materialise CEO on medical 3D Printing

I do love and believe in the benefits of 3D printing; however, as a technologist and concerned informed citizen I do worry about this technology getting the hands of drug lords, terrorists, and other criminals. With Medical 3D printing; illegal drug manufacturing can change overnight and expanded to new levels of mass production. Also, illegal weapon production can be enhanced as well with 3D printing.

At this point, law enforcement in 1st and 2nd world countries are going to face harder times than they ever have in the recent past and before. 3D Printing and AI are truly going to take an already difficult situation for government and their law enforcement teams extremely tough in the coming 3 to 5 years; and hope they and tech come together to figure out a good go forward plan to ensure right benefits are received and progress not slowed down while keeping everyone safe.


Materialise incorporates more than 25 years of 3D printing experience into a range of software solutions and 3D printing services, which together form the backbone of the 3D printing industry. Materialise’s open and flexible solutions enable players in a wide variety of industries, including healthcare, automotive, aerospace, art and design, and consumer goods, to build innovative 3D printing applications that aim to make the world a better and healthier place.

Fried Vancraen, CEO of Materialise – recently called upon industry stakeholders to come to an agreement for a common standard for measuring the clinical, economical and patient benefits of medical 3D printing.

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DARPA looking to develop new technology to ID cybercriminals

CRISPR to take bio- and dirty-bombs to new levels.
Great; however, QC needs to be front and center on this; or, I see a bunch of funding spent on research that will be render useless by the time it goes to market due to the progress in QC.

I truly feel bad for the labs who are having to tests for bio- and dirty-bomb material. Really a dangerous job.


The Defense Advanced Research Projects Agency (DARPA) is looking for research proposals to develop a system that would enable the government and law enforcement to identify the actual individual behind a cyber attack.

The Enhanced Attribution Program proposal is looking to create the technology that would allow not only the collection of data that could pinpoint the perpetrator, but do so in a way that would not put at risk the sources and methods used to find the person or group. From DARPA’s perspective the need for this is quite straightforward.

“Malicious actors in cyberspace currently operate with little fear of being caught due to the fact that it is extremely difficult, in some cases perhaps even impossible, to reliably and confidently attribute actions in cyberspace to individuals,” DARPA wrote in the 43-page proposal.

Can Bitcoin be defeated by legislation?

The question breaks down into two parts:

  1. For what public benefit? —and—
  2. No, it cannot be achieved in this way

Governments are in the business of regulating certain activities—hopefully in an effort to serve the public good. In the case of business methods and activities, their goal is to maintain an orderly marketplace; one that is fair, safe and conducive to economic growth.

But regulation that lacks a clear purpose or a reasonable detection and enforcement mechanism is folly. Such regulation risks making government seem arbitrary, punitive or ineffective.

«— This is money. It is not a promissory note, a metaphor, an analogy or an abstract representation of money in some account. It is the money itself. Unlike your national currency, it does not require an underlying asset or redemption guarantee.

Bitcoin is remarkably resistant to effective regulation because it is a fully distributed, peer-to-peer mechanism. There is no central set of books, no bank to subpoena, and no central committee to pressure (at least not anyone who can put the genie back into the bottle). In essence, there is no choke point or accountable administrative party.

Sure—it is possible to trace some transactions and legislate against ‘mixers’ and other anonymization methods—but there is no way to prevent a transaction before it occurs or to know the current distribution of assets. Bitcoin can exist as a printed QR code and it can be transmitted from a jail cell with a blinking flashlight. Sending bitcoin from Alice to Bob has no intermediary. Settlement requires only that one of the parties eventually has access to the Internet. But, there is no credit authority or central asset verification. [continue below image]…

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If you are thinking of legislating against the use of Bitcoin, you might as well pass laws to ban the mating of feral cats or forbid water from seeping into underground basements. These things are beyond the domain of human geopolitics. You can try to shape the environment (e.g. offer incentives to cats and water levels), but you cannot stop sex or seepage.

Fortunately, Bitcoin is not a threat to governments—not even to spending or taxation. A gross misunderstanding of economics and sociology has led some nations to be suspicious of Bitcoin, but this improper perception is abating. Governments are gradually recognizing that Bitcoin presents more of an opportunity than a threat.

I have written more extensively on this issue:

Philip Raymond is co-chair of Cryptocurrency Standards Association, MC for The Bitcoin Event in NY and board member for Lifeboat Foundation. This fall, he will teach Cryptocurrency and The Blockchain in Massachusetts.

Bitcoin Pundicy: A Lifeboat Perspective

Here in the Lifeboat Blog, I have the luxury of pontificating on existential, scientific and technical topics that beg for an audience—and sometimes—a pithy opinion. Regular Lifeboat readers know that I was recently named most viewed Bitcoin writer at Quora under a Nom de Plume.

Quora is not a typical Blog. It is an educational site. Questions and numerous answers form the basis of a crowd-sourced popularity contest. Readers can direct questions to specific experts or armchair analysts. A voting algorithm leads to the emergence of some very knowledgeable answers, even among laypersons and ‘armchair’ experts.

During the past few weeks, Quora readers asked me a litany of queries about Bitcoin and the blockchain, and so I am sharing selected Q&A here at Lifeboat. This is my professional field—and so, just as with Mr. Trump, I must resist an urge to be verbose or bombastic. My answers are not the shortest, but they are compact. Some employ metaphors, but they explain complex ideas across a broad audience.

As you browse some recent Bitcoin questions below, click a question for which you know the least. (Example: Do you know what the coming ‘halving event’ is about?). Leave a comment or question. I am interested in your opinion.


Philip Raymond sits on Lifeboat’s New Money Systems Board, is co-chair of the
The Cryptocurrency Standards Association, and is a most viewed writer at Quora.

Luxembourg reaches for the stars with asteroid mining deal

Still trying to figure out how Luxembourg got a space program.


(AFP) Luxembourg has staked its claim to the final frontier with an ambitious plan to profit from the mining of asteroids, the government said Thursday.

The Grand Duchy has joined forces with American company Deep Space Industries (DSI) to cash in on the wealth of natural resources thought to exist on asteroids.

The two have inked an agreement that will pave the way for Luxembourg to partly fund DSI’s plans to probe nearby asteroids for mineral riches using “nano” spaceships.

Prospector-X™: An International Mission to Test Technologies for Asteroid Mining

Deep Space Industries and the Luxembourg Government announce partnership to commercialize space resources.

Asteroid mining company Deep Space Industries, together with the Luxembourg Government and the Société Nationale de Crédit et d’Investissement (SNCI), the national banking institution in Luxembourg, have signed an agreement formalizing their partnership to explore, use, and commercialize space resources as part of Luxembourg’s spaceresources.lu initiative.

The Luxembourg Government will work with Deep Space Industries to co-fund relevant R&D projects that help further develop the technology needed to mine asteroids and build a supply chain of valuable resources in space.

Interview: CEO of Deep Space Industries, Daniel Faber

With long-term plans for in-space resource extraction in the form of asteroid mining, Deep Space Industries (DSI) is offering an exciting business opportunity. It is aiming to change the economics of space by providing the technical resources, capabilities and systems required to harvest, process, manufacture and market in-space resources. DSI is already generating revenue from commercial contracts, as well as government and university research projects.

The Disrupt Space summit brought together a large number of entrepreneurs from around Europe and the world who are intent on reinventing the space industry. A panel of judges chose Deep Space Industries as the winner among five finalists in a start-up pitch.

Spaceoneers caught up with Daniel Faber, Deep Space Industries’ CEO at the summit to hear about the company’s long-term plans and the exciting business opportunity in asteroid mining.