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Interesting; your own Digital DNA.


Neura, an Israeli Internet of Things startup that pulls together data from users’ connected devices, has raised $11 million to expand its “business reach and make the service ubiquitous.” The Series A round was led by AXA Strategic Ventures and Pitango Venture Capital, with participation from Liberty Israel Venture Fund and Lenovo Group.

Founded in 2013, Neura launched in the U.S. out of UpWest Labs, a Silicon Valley-based accelerator specifically for Israeli startups. The following year, Neura announced a $2 million funding round.

Neura’s core raison d’être is to serve up back-end analysis to the Internet of Things industry, and its technology can gather data on individuals from a range of connected devices, including phones, tablets, apps, and more. Neura’s artificial intelligence recognizes and analyzes human behavior and develops what it calls a “digital identity” for each person, insight that can be used to personalize applications, services, and devices.

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Microsoft technical evangelist Bruce Harris has unveiled new details for Microsoft’s augmented reality headset, HoloLens. At an event in Tel Aviv, Harris was recorded (via Petri) saying that that any universal Windows 10 app will run natively on the device, as we’ve already heard, and that developers will naturally need to create 3D apps to realize the HoloLens’ full potential.

But Harris also talked about how the device features Bluetooth and Wi-Fi, describing it as “totally wireless.” In fact, he said a wired version of the HoloLens would not be available.

This brings up the question of battery life. Apparently in this department, the HoloLens will be “very much like a laptop.” That means up to 5.5 hours of basic use, and 2.5 hours of high-intensity use.

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As I have mentioned in some of my other reports and writings; infrastructure (power grids, transportation, social services, etc.) is a key area that we need to modernize and get funding soon in place given the changes that are coming. As Russia’s own power stations were hacked; it will not be anything to when the more sophisticated releases of the Quantum Internet and Platforms are finally releasing to the main stream. Someone last week asked me what kept me up at night worrying; I told them our infrastructure and we have not been planning or modernizing it to handle the changes that are coming in the next 5 years much less the next 7 years.


With cyberattacks gaining in sophistication and volume, we can expect to see a range of new targets in the year ahead.

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Wow! Talk about your “hot” topic; this will definitely have everyone across tech and the web talking: https://lnkd.in/bavpnTf


(Bloomberg) — Googles chairman thinks artificial intelligence will let scientists solve some of the worlds “hard problems,” like population growth, climate change, human development, and education.

Rapid development in the field of AI means the technology can help scientists understand the links between cause and effect by sifting through vast quantities of information, said Eric Schmidt, executive chairman of Alphabet Inc., the holding company that owns Google.

AI will play this role to navigate through this and help us.

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Sharing my recent posting that I did on Linkedin Pulse. I will admit that I purposely delayed this article in concerns of creating a panic; however, with the progress that has been occuring across the globe and in some cases accelerated the maturity of this technology; I believe it is time for governments, industries, etc. to start thinking about their own broader strategic plans around Quantum as well as how they will address any impacts.


Quantum Computing is making great progress in so many areas such as chips, network/ Internet, etc. each month. And, many industries such as financials, telecom, tech, and public sector namely defense and space, etc. have made big investments in this technology as well as have developed some interesting partnerships such as Wall Street. Everything looks so promising and exciting for our future when we look at the various ways how Quantum Computing can change our lives around AI, improving the medical technologies, how we interact with devices (wearables, VR, etc.), and even how we travel will advance through this technology. The future looks extremely rosy and bright; right?.

I believe it can be with Quantum; however, in every major shift/ disruption in technology, there is always a transformation progression that has to naturally occur thru stages. And, Quantum is no different; however, the disruption that Quantum will bring is going to be on a much more massive scale than what we have seen in the past. The reason why is Quantum is truly going to impact and improve every area of technology not just in devices, or a platform, AI, VR, etc.; I mean everything in technology will be changed and improved by Quantum over time.

Granted this will not be like a major change overnight like we saw with the iPhone, etc. This initial change will occur over a series of years possibly over the next 7 to 10 years. As each country continues to accelerate in their own efforts to be a fully Quantumized; we need to understand where the potential risks exist and have a good plan for how we plan to address our own risks and challenges during and after this transformation.

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Walls and floors can seriously limit the range of your wireless network, but the WiFi Alliance thinks they’ve come up with a fix. Their new 802.11ah standard aims to deliver superior penetration and power savings to boot.

How will 802.11ah do that? By operating in the unlicensed 900MHz spectrum. Today’s WiFi gear operates at either 2.4GHz or 5GHz. Their higher frequencies make it harder for the signals to maintain their strength as they pass through obstructions. That’s one reason Google wants you to pretty up your OnHub router: so that you stick it somewhere out in the open where walls won’t get in the way.

Way down at 900MHz, though, things like walls, floors, and doors won’t be as much of a problem. According to the WiFi Alliance, 802.11ah will also achieve nearly double the range of current standards. There’s another bonus, too. Because the signal doesn’t degrade as much when it passes through objects, devices don’t consume as much power while sending and receiving data.

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Remember when a cheap $60 wireless router was all your home needed? We were so naive back then. When everything from your phone to your fridge is on your home network, you need a little more wi-fi horsepower. So TP-Link is introducing the first wireless router with blazing 802.11ad.

For the uninitiated, the 802.11ad protocol adds yet another band of spectrum in the 57-66GHz range (depending on what part of the world you live in) in addition to the 2.4GHz and 5GHz bands that 802.11ac routers use now.

There’s quite a few technical reasons as to why the jump to 60GHz is a good thing, but the most important for the average consumer is speed. The 5GHz band maxes out at 1,733Mbps, but the new 60GHz band can achieve wireless transfer speeds of up to 4,600Mbps. So streaming 4K video without a network cable? Not a problem.

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The Wi-Fi Alliance branded its next-generation 802.11ah wireless protocol as Wi-Fi HaLow. It is targeted at the Internet of Things (IoT), which includes the smart home, connected car, and digital healthcare, as well as industrial, retail, agriculture, and smart-city environments. Unlike the older and more familiar 802.11 protocols, which mostly use the 2.4 or 5GHz bands, 802.11ah is a sub-gigahertz protocol that uses the 900MHz band. It has an enviable combination of characteristics.

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I administer the Bitcoin P2P discussion group at LinkedIn, a social media network for professionals. A frequent question posed by newcomers and even seasoned venture investors is: “How can I understand Bitcoin in its simplest terms?”

Engineers and coders offer answers that are anything but simple. Most focus on mining and the blockchain. In this primer, I will take an approach that is both familiar and accurate…

Terms/Concepts: Miners Blockchain Double-Spend

First, forget about everything you have heard about ‘mining’ Bitcoin. That’s just a temporary mechanism to smooth out the initial distribution and make it fair, while also playing a critical role in validating the transactions between individuals. Starting with this mechanism is a bad way to understand Bitcoin, because its role in establishing value, influencing trust or stabilizing value is greatly overrated.

The other two terms are important to a basic understanding of Bitcoin and why it is different, but let’s put aside jargon and begin with the familiar. Here are three common analogies for Bitcoin. #1 is the most typical impression pushed by the media, but it is least accurate. Analogy #3 is surprisingly on target.

1. Bitcoin as Gold

You can think of Bitcoin as a natural asset, but with a firm, capped supply. Like gold, the asset is a limited commodity that a great many people covet. But unlike gold, the supply is completely understood and no one organization or country has the potential to suddenly discover a rich vein and extract it from the ground.

2. Bitcoin as a Debit or Gift Card

Bitcoin is also a little like a prepaid debit card, you can exchange cash for it and then use it to buy things—either locally (subject to growing recognition and acceptance) or across the Internet. But here, too, there is a difference. A debit card must be loaded with a prepaid balance. That is, it must be backed by something else, whereas Bitcoin has an intrinsic value based on pure market supply and demand. A debit card is a vehicle to transmit or pay money—but Bitcoin is the money itself.

3. Bitcoin as a Foreign Currency

Perhaps the most accurate analogy for Bitcoin (or at least where it is headed), is as a fungible, convertible, bankable foreign currency.

Like a foreign currency, Bitcoin can be…

  • Easily exchanged with cash
  • Easily transmitted for purchases, sales, loans or gifts
  • Stored & saved in an online account or in your mattress (Advantage: It can also be stored in a smart phone or in the cloud—and it can backed up!)
  • Has a value that floats with market conditions
  • Is backed by something even more trustworthy than a national government

Unlike the cash in your pocket or bank account, Your Bitcoin wallet can be backed up with a mouse click. And, with proper attention to best practices, it will survive the failure of any exchange, bank or custodian. That is with proper key management and the use of multisig, no one need lose money when a Bitcoin exchange fails. The trauma of past failures was exacerbated by a lack of tools, practices and user understanding. These things are all improving with each month.

So, Whats the Big Deal?

So, Bitcoin is a lot like cash or a debit card. Why is this news? Bitcoin is a significant development, because the creator has devised a way to account for moving money between buyer and seller (or any two parties) that does not require any central bank, bookkeeper or authority to keep tabs. Instead, the bookkeeping is crowd sourced.

For example, let’s say that Alice wants to purchase a $4 item from Bob, an Internet merchant in another country.

a) Purchase and settlement with a credit card

With a credit card, wire transfer or check, Alice can pay $4 easily. But many things occur in the background and they represent an enormous transaction overhead. Alice must have an account at an internationally recognized bank. The bank must vouch for Alice’s balance or credit in real time and it must then substitute its own credit for hers. After the transaction, two separate banks at opposite ends of the world must not only adjust their client account balances, they must also settle their own affairs through an interbank-settlement process.

The two banks use different national currencies and are subject to different laws, oversight and reporting requirements. Over the course of the next few days, the ownership of gold, oil or reserve currencies is transferred between large institutions to complete the affairs of Alice’s $4 purchase.

b) Now, consider the same transaction with Bitcoin

Suppose that Alice has a Bitcoin wallet with a balance equal to $10. Let’s say that these characters represent $10 in value: 5E 7A 44 1B. (Bitcoin value is expressed as a much longer character string, but for this illustration we are keeping it short). Alice wants to buy a $4 item from Bob. Since she has only this one string representing $10, she must somehow get $6 in change.

Bitcoin Transaction

With Bitcoin, there is no bank or broker at the center of a transaction. The transaction is effected directly between Alice and Bob. But there is a massive, distributed, global network of bookkeepers standing ready to help Alice and Bob to complete the transaction. They don’t even know the identities of Alice or Bob, but they are like a bank and independent auditor at the same time…

If Alice were to give Bob her secret string (worth $10), and if Bob gives her a string of characters worth $6 as change, one wonders what prevents Alice from double-spending her original $10 secret? But this can’t happen, because the miners and their distributed blockchain are the background fabric of the ecosystem. In the Bitcoin world, Alice is left with a brand new secret string that represents her new bank balance. It can be easily tested by anyone, anywhere. It is worth exactly $6.

This example is simplified and without underlying detail. But the facts, as stated, are accurate.

Conclusion

For Geeks, Bitcoin is the original implementation of a blockchain distributed ledger. Miners uncover a finite reserve of hidden coins while validating the transactions of strangers. As such, Bitcoin solves the double spend problem and enables person-to-person transactions without the possibility of seizure or choke points.

But for the rest of us, Bitcoin offers a very low cost transaction network that will quickly replace checks and debit cards and may eventually replace cash, central banks, and regional monetary authorities. The safeties, laws and refund mechanisms offered by banks and governments can still be applied to Bitcoin for selected transactions (whenever both parties agree to oversight), but the actual movement of value will be easier, less expensive and less susceptible to 3rd party meddling.

  • Bitcoin is a distributed, decentralized and low cost payment network
  • It is adapted to a digital economy in a connected world: fluid & low friction, trusted, secure
  • More zealous proponents (like me) believe that is gradually becoming the value itself (i.e. it needn’t be backed by assets, a promise of redemption, or a national government. In this sense, it is like a very stable, foreign currency

Additional Reading:

Philip Raymond sits on Lifeboat’s New Money Systems Board and administers Bitcoin P2P, a LinkedIN community. He is co-chair of CRYPSA and host of The Bitcoin Event. He writes for Lifeboat, Quora, Sophos and Wild Duck.