Technology

Gartner Group projects 25% of global organizations will use smart contracts by 2022

— Teeka Tiwari Here’s an idea of just how much value smart contracts can unleash for corporate America… According to Forbes, credit card fraud costs U.S. merchants an estimated $190 billion per year. A smart contract tied to your identity on the blockchain could virtually eliminate credit card fraud. A report from accounting firm Deloitte suggests …

The next wave of human machine interface technology is here. And it will be a combination of natural language processing technology (voice) and simple hand gestures (swipe, pinch, open, close, point, etc.)…

— Exponential Technology Think back… Probably for as long as we might remember, we have always been using a keyboard (laptop, desktop, for some of us even a typewriter). During the last 30 years or so, we began using a mouse or trackpad to point and click. While this technology allows us to interface with …

Bitcoin mining today uses more electricity in a year than the entire nation of Ecuador, about 23 terawatt hours…

— Jim Rickards … The computing power needed, the electricity consumed, and the wasted heat generated will all grow exponentially as bitcoin mining continues to solve more difficult problems (called “proof-of-work”) to validate transactions on the blockchain, a distributed record of all prior transactions. The electricity usage in bitcoin mining is so extreme that many …

At the risk of sounding grandiose, I have come to believe that the new data increasingly available in our digital age will radically expand our understanding of human kind…

— Seth Stephens-Davidowitz From ‘Everybody Lies: Big data, New data, and What the internet can tell us about who we really are’ P. 16 … the microscope showed us there is more to a drop of pond water than we think we see. The telescope showed us there is more to the night sky than …

The Uber of the future…

The New Future, June 2017 One clear trend that will develop rapidly are shared autonomous vehicles (SAVs). Companies are beginning to spring up with the intention of managing fleets of autonomous vehicles that are able to essentially run 24 hours a day. These SAVs will be on demand and available through a simple smartphone application, …