technology

Canadian Mint ready to test its own digital money project

"MintChip is 'the future of money,' according to the Mint’s promotional video, which goes on to present it as a digital version that would be legal tender, just like physical dollars and cents. You would hold it on a smartphone or other electronic device, just like a wallet. And according to the Mint’s Mr. Brûlé, the money could be used just as easily whether you’re shopping at a conventional bricks-and-mortar retailer, on-line or at your neighbour’s garage sale, though your neighbour would of course need a properly equipped smartphone. Mr. Brûlé sees it as part of the leading edge of a tsunami in mobile technology that is now washing over our society." Continue reading →

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Gliph Raises $200,000 To Expand Secure Messaging And Bitcoin Features

"Gliph began in early 2012 as an encrypted messaging app, focused on securing communications across iPhone, Android and web users, protecting all messages with SSL and/or AES-256 encryption. The service also offers the ability to reveal only as much personal information as desired with communication partners, using symbols – or ‘artifacts’, as the company calls them – as the primary personal identifiers. More recently, Gliph has added a number of bitcoin functions to seamlessly transact in the digital currency. Users can link existing wallets from a number of popular options including BIPS, Blockchain.info, or Coinbase." Continue reading →

Continue ReadingGliph Raises $200,000 To Expand Secure Messaging And Bitcoin Features

Google, Facebook and Yahoo push 21 nations for surveillance data

"The Global Network Initiative, which includes Google, Facebook, Yahoo and Microsoft, asked the countries to 'report on the requests they make for electronic communications surveillance and to make it legally possible for companies to report regularly to the public on the government requests that they receive from law enforcement as well as national security authorities.' Letters were sent to senior government officials responsible for foreign affairs, justice, and security, with copies to data protection authorities, the group said. Copies were sent to representatives at the United Nations offices in Geneva, in advance of discussions on human rights and communications surveillance." Continue reading →

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California becomes first state in nation to regulate ride-sharing

"Under the proposal, the PUC would have jurisdiction over ride-sharing under a new category of businesses called transportation network companies. The agency would also issue licenses to the services. The decision is expected to preempt efforts by California cities to oversee or even ban ride-sharing under their authority to license taxi cab firms. Regulators would require drivers to undergo criminal background checks, receive driver training, follow a zero-tolerance policy on drugs and alcohol and carry insurance policies with a minimum of $1 million in liability coverage." Continue reading →

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High Tech Heads for the Farm

"On the basis of population growth alone, world food demand will increase by over 30%. But in addition to the increase in the number of people on the planet, growing affluence will also have a significant impact on global food demand. Today, there are about 2 billion people worldwide who are considered to be in the middle class; within 20 years, the number is expected to expand to 5 billion, with almost all of the increase coming from emerging markets. As these people enter the middle class, they will be able to afford to consume more food. Furthermore, they will be able to consume—and will demand—higher protein diets, i.e., more meat and dairy products." Continue reading →

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Pay heed to the internet’s Third Wave Cows of Disruption

"'We don't do PayPal, we don't do any of the credit cards. They charge too much, that eats into our profits, and we have to pass that on to the consumer. Direct payment and Bitcoin, they cost us nothing.' Yes, Bitcoin. Honest Beef started accepting the digital currency earlier this year. Is anyone using it? 'Plenty,' Moloney said. 'The last two animals we sent off, we had [those] two pay by Bitcoin, and we've got a third waiting. We're probably getting 10 to almost 20 percent of our customers paying by Bitcoin now.' Now, there's nothing particularly high-tech about Honest Beef. There's a website and Bitcoin, sure, but the rest is just telephones and trucks, emails and evisceration." Continue reading →

Continue ReadingPay heed to the internet’s Third Wave Cows of Disruption

The Smartphone Wars: Nokia gives it up for Microsoft

"If Elop was a mole, what were his instructions? 'Elop. Go forth. Destroy Nokia so we can buy things we already effectively control for huge amounts of money.' I’m put in mind of the wave of mergers in the 1980s among mainframe computer manufacturers, what we called at the time 'dinosaurs mating'. Those didn’t make any sense either; when you merge two huge, doomed, inefficient thunder-lizards together you don’t tend to get a mammal. Meanwhile – and of course – Android continues to stomp its competition flat. Even the post-Jobs Apple can’t stem the tide; it’s pretty close to the 10% niche market share I predicted back in 2009 already, with no sign that trend will or can be reversed." Continue reading →

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When Dominance Leads to Incompetence and Catastrophe

"It's rather staggering to list Microsoft's failures over the past decade. The strategy that worked in the 1990s--copy rivals and add more features to the copycat products and services--is no longer working. Dominance in any space breeds complacency and enables the luxuries of political squabbling, sclerosis and loss of focus. Competence becomes incompetence, and the infrastructure that fosters creativity and flexibility--that is, a keen appreciation of risk and spontaneity--is slowly dismantled. That applies not just to corporations but to governments, nations and empires." Continue reading →

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Terrible News: Mark Zuckerberg Does D.C.

"Mark Zuckerberg appears to have learned the lessons of his Silicon Valley predecessors — he’s not waiting to get caught in Washington’s cross hairs before trying to find friends on Capitol Hill. In a rare personal lobbying blitz, the 29-year-old Facebook CEO and billionaire is slated this week to meet with top Senate and House Republican and Democratic leaders and the chairman of the Senate Commerce, Science and Transportation Committee.[...] Zuckerberg’s visit also highlights his company’s ongoing shift from a thriving tech startup in Silicon Valley to a prominent corporation with vested interests in Washington." Continue reading →

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California Approves $10 Minimum Wage; What Will Become Automated Now?

"The next time you pump gas for yourself ask yourself what happened to the gas station attendants that used to pump gas and wash your windshields. The same thing when you can't find a department store clerk. It's the same thing with those damn automated phone answering services that most firms now use, it's just too expensive to hire human operators. And its the same with grocery store baggers from days of old. Thank you minimum wage. The damage of minimum wage isn't some theoretical, you have just gotten so use to it that you have forgotten what things were like, or you are too young to know the good old days." Continue reading →

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