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Seoul summit showcases UK’s progress on trying to make advanced AI safe
Wed, 22 May 2024 22:49:10 GMT
Britain’s AI Safety Institute has been matched by other countries as gathering works on setting up protocol to reduce harms and risks
The UK is leading an international effort to test the most advanced AI models for safety risks before they hit the public, as regulators race to create a workable safety regime before the Paris summit in six months.
Britain’s AI Safety Institute, the first of its kind, is now matched by counterparts from around the world, including South Korea, the US, Singapore, Japan and France.
Continue reading...PLA says exercises launched in response to president’s inauguration will test capacity to ‘launch joint attacks and occupy key areas’
China has conducted mock missile strikes against Taiwan on a second day of military drills, which it said was testing its ability to “seize power”, and inflict punishment for “separatist acts” after the inauguration of the island’s new president.
The exercises, which involved Chinese military units from the air force, rocket force, navy, army and coastguard, were announced suddenly on Thursday morning, with maps showing five approximate target areas in the sea surrounding Taiwan’s main island. Other areas targeted Taiwan’s offshore islands, which are close to the Chinese mainland.
Continue reading...This blog is now closed.
Taiwan interested in critical-minerals trade with Australia
Taiwan’s representative to Australia, Douglas Hsu, spoke to ABC RN just earlier about China’s military drills around Taiwan and trading with Australia.
We will continue to show our interest in engaging with Australia on the trade front. I think in the past few months, especially on critical minerals, I had a few opportunities to travel to West Australia and Northern Territory to talk with the businessman in the critical minerals industries.
I found that well, first of all, I was very surprised or impressed by the scale of Australia’s mining industry, and we’ll definitely look forward to bringing more Taiwanese business to work even more closely with Australian partners.
It’s really about ensuring services can do early work that can stop children from experiencing harm, helping kids before they get to crisis point and intervening early to break that cycle of violence and abuse.
Continue reading...China has launched two days of exercises after island swore in new president. How do they compare with previous ones?
China has launched two days of military drills around Taiwan after the island swore in its new president, Lai Ching-te.
Lai takes over from Tsai Ing-wen, Taiwan’s president since 2016. Both are from the Democratic Progressive party (DPP), a pro-sovereignty political party detested by the Chinese government, which views the group as separatists. China claims Taiwan as part of its territory and has vowed to take control of it, with force if necessary.
Continue reading...Atsuko Sato announces death of her shiba inu Kabosu, whose 2010 photo led her to be described as ‘Mona Lisa of the internet’
The Japanese dog whose photo inspired a generation of oddball online jokes and the £18bn Dogecoin cryptocurrency beloved by Elon Musk has died, her owner said.
“She quietly passed away as if asleep while I caressed her,” Atsuko Sato wrote on her blog on Friday, thanking the fans of her shiba inu called Kabosu – the face of the ‘Doge’ meme.
Continue reading...Billionaire makes U-turn over levies, telling Paris tech conference they distort the market and inhibit trade
Elon Musk has criticised US government tariffs on Chinese electric vehicles, describing the levies as “not good” and a distortion of the car market.
The Tesla chief executive had previously supported trade barriers but he performed a U-turn on Thursday during a video appearance at a Paris tech conference.
Continue reading...Jeremy Clarkson’s reality TV show has particular appeal for young people with no experience of farming
To one Chinese reviewer, Jeremy Clarkson is “a stupid old British man with too much money who farmed for a year without harvesting anything”. To another, he is “the British version of Li Ziqi”, a 33-year-old woman who is one of China’s biggest internet celebrities thanks to videos of herself farming and cooking in the idyllic Sichuanese countryside.
Clarkson’s Farm, the former Top Gear presenter’s beguilingly popular reality television show about his pivot from petrolhead to farmer, has been hugely successful on his home turf, becoming the most watched show on Amazon Prime in the UK. It is also a hit in China.
Continue reading...Finally, a report has listed the long-term health complications for women worldwide – and the NHS should take note
Birth is usually a time of celebration, when we recognise the miracle of life as a child is brought into the world. In Britain, childbirth used to be a much more fraught experience, with a high risk of death for mother and baby. But scientific progress and modern medicine have reduced infant deaths for every 1,000 live births from 31.7 in 1950 to just four by 2020. Deaths are relatively higher than Finland’s and Japan’s infant mortality rates, of about two for every 1,000, but much lower than Afghanistan at 103.1.
Once a woman and her baby survive childbirth, several weeks of follow-up is routine in many countries to ensure that any urgent health issues are resolved. This six- to eight-week period is called postnatal care, as women recover from their labour and delivery, especially if they’ve had a C-section or episiotomy. But what happens to new mothers after that handful of weeks? They usually disappear from the health system and are left on their own to cope with recovery.
Prof Devi Sridhar is chair of global public health at the University of Edinburgh
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Khaled Al Serr, a young surgeon, vanished from Nasser Hospital in Khan Younis two months ago. He hasn't been heard from since.
The post Hundreds of Palestinian Doctors Disappeared Into Israeli Detention appeared first on The Intercept.
Authorities cut short school term as weather bureau warns of severe heatwave conditions this week
Authorities in the Indian capital, have ordered schools to shut early for the summer holiday, after temperatures in Delhi hit 47.4C (117F).
City officials told schools to shut with “immediate effect” due to the blistering heat, according to a government order quoted by the Hindustan Times on Tuesday, cutting the term by a few days.
Continue reading...Exclusive: Ads containing AI-manipulated images were submitted to Facebook by civil and corporate accountability groups
The Facebook and Instagram owner Meta approved a series of AI-manipulated political adverts during India’s election that spread disinformation and incited religious violence, according to a report shared exclusively with the Guardian.
Facebook approved adverts containing known slurs towards Muslims in India, such as “let’s burn this vermin” and “Hindu blood is spilling, these invaders must be burned”, as well as Hindu supremacist language and disinformation about political leaders.
Continue reading...While the number of Indian billionaires soars, growing unemployment has become a big problem for the BJP as it campaigns for a third term
It wasn’t even the real wedding, just the pre-wedding party. But that didn’t stop India’s richest billionaire, Mukesh Ambani, whose son is set to marry the daughter of a millionaire, from throwing an affair so ostentatious that no one could question just how wealthy they are.
The pop star Rihanna was paid about $8m to perform. The catering alone cost $25m and the final bill for the glittering soiree, held in March, reportedly came in at about $150m.
Continue reading...Airline adopts ‘more cautious approach’ after incident that left one person dead and more than 100 injured
Singapore Airlines has tightened seatbelt rules on its flights after one passenger died and more than 100 were injured when one of its planes hit severe turbulence.
Passengers and crew onboard flight SQ321 suffered skull, brain and spine injuries when they were thrown violently around the cabin during Tuesday’s terrifying high-altitude ordeal. Some passengers said the turbulence happened so fast there was no time to fasten their seatbelts.
Continue reading...On Tuesday a British man died and several others were injured when their plane encountered severe turbulence between London and Singapore. And it looks like this kind of turbulence is something we’ll have to get used to. Last year a study found severe clear-air turbulence had increased by 55% between 1979 and 2020. Ian Sample speaks to Guy Gratton, associate professor of aviation and the environment at Cranfield University, to find out why this is happening, and whether there’s anything we can do to reverse the trend.
Continue reading...From targeting humanitarian vehicles to standing by as mobs attack trucks, Israel is blocking aid from reaching Gaza.
The post The State Department Says Israel Isn’t Blocking Aid. Videos Show the Opposite. appeared first on The Intercept.
As brutal police repression sweeps campus encampments, schools have been cutting ties with pro-Palestine faculty members without tenure.
The post University Professors Are Losing Their Jobs Over “New McCarthyism” on Gaza appeared first on The Intercept.
Kidney disease is on the rise in coastal communities, where some have no choice but to drink and cook with contaminated water
Shadows dance across large, concrete chambers while the sound of dripping water echoes in the distance. A rusty metal staircase leads up to an empty water tower overlooking Bangladesh’s mighty Rupsha River. This water treatment plant was once a beacon of hope for the community; today the site lies abandoned, the only sign of life the daily activity of its resident caretaker, Sayed Ahmed.
Commissioned by the local government division for rural development to recycle contaminated water, the plant on the outskirts of the city of Khulna was designed to supply fresh water to 5,000 people. When construction began in 2005, Ahmed was offered employment as a security guard.
Continue reading...Since Dobbs, state-level Republicans have sought to strip power from DAs elected in Democratic cities who won’t prosecute abortion care.
The post Republicans Can’t Decide: Do They Hate Prosecutors Because of Bail Reform or Abortion? appeared first on The Intercept.
Kuo Chiu, known as KC to his friends, teaches urban design at Tunghai University in Taiwan. He’s also one of many of the country's citizens who practises rifle skills in his spare time, in case of a Chinese invasion.
The population of Taiwan has long grown familiar with Beijing’s pledge to one day ‘unify’ what it claims is a breakaway province. But recently, there has been a significant increase in aggressive and intimidatory acts.
Taiwan’s 160,000 active military personnel are vastly outnumbered by China’s 2 million-member armed forces, leading many civilians to turn to voluntary medical and combat training to protect themselves.
The Guardian's video team spent time with KC to see how he is preparing
Continue reading...Ban Khun Samut Chin, a coastal village in Samut Prakan province, Thailand, has been slowly swallowed by the sea over the past few decades. This has led to the relocation of the school and many homes, resulting in a dwindling population. Currently, there are only four students attending the school, often leaving just one in each classroom. The village has experienced severe coastal erosion, causing 1.1-2km (0.5-1.2 miles) of shoreline to disappear since the mid-1950s
Continue reading...Police officer detained after shooting of 48-year-old man as death toll reaches seven following days of upheaval linked to proposed voting changes
AFP reports that in the Montravel district of Noumea in New Caledonia, activists were waiting for further instructions from the FLNKS, a pro-independence party.
“We’re ready to continue protesting because apparently the president of the Republic doesn’t want to listen to us,” said one activist, identifying himself by his first name only, Yamel.
Continue reading...This blog is now closed.
Taiwan interested in critical-minerals trade with Australia
Taiwan’s representative to Australia, Douglas Hsu, spoke to ABC RN just earlier about China’s military drills around Taiwan and trading with Australia.
We will continue to show our interest in engaging with Australia on the trade front. I think in the past few months, especially on critical minerals, I had a few opportunities to travel to West Australia and Northern Territory to talk with the businessman in the critical minerals industries.
I found that well, first of all, I was very surprised or impressed by the scale of Australia’s mining industry, and we’ll definitely look forward to bringing more Taiwanese business to work even more closely with Australian partners.
It’s really about ensuring services can do early work that can stop children from experiencing harm, helping kids before they get to crisis point and intervening early to break that cycle of violence and abuse.
Continue reading...Chef Josh Niland ‘quite emotional’ to learn his seafood spot named in extended list of restaurants ranked 51 to 100
The World’s 50 Best Restaurants has released its extended list – and the Sydney seafood spot Saint Peter has become the only Australian restaurant to make the cut, receiving praise for spearheading a movement.
In a tweet this week, World’s 50 Best described Josh Niland’s Saint Peter as a “ground-breaking” restaurant that “takes the great Australian seafood tradition to previously unexplored heights”.
Continue reading...From a Yorkshire fishing village to a genteel beach resort in Essex, our tipsters share their top coastal getaways
Saltburn-by-the-Sea boasts a magnificent beach and plentiful ice-cream, coffee bars and a burgeoning arts scene. Among the highlights has to be a stroll along the Grade II-listed pier and hopefully a ride down the UK’s oldest water-balanced cliff tramway (still closed at time of writing after a fire in January, but being repaired). Head for lunch at the superb Seaview fish restaurant, which has views across the bay. Walk off the meal as you wander through beautiful Valley Gardens for the flora and fauna and smuggling history from the 18th century. Later, perhaps visit the Ship Inn, an 18th-century pub right on the beach, for a sundowner with a view.
David Cowling
Do you rent out holiday lets? How many bookings have you had for this year? How does it compare to previous years?
With summer just around the corner, many families will have already booked holidays, with plenty opting to stay in the UK.
Although visitor numbers to the UK’s top tourist attractions are increasing, they continue to remain stubbornly below pre-pandemic levels.
Continue reading...ICC warrants against Israeli officials would mean they can’t travel — and their patrons in the U.S. would be pressured over continued arms sales.
The post Can a U.S. Ally Actually Be Held Accountable for War Crimes in the ICC? appeared first on The Intercept.
When asked what makes this an “emotional support squid” and not just another stuffed animal, its creator says:
They’re emotional support squid because they’re large, and cuddly, but also cheerfully bright and derpy. They make great neck pillows (and you can fidget with the arms and tentacles) for travelling, and, on a more personal note, when my mum was sick in the hospital I gave her one and she said it brought her “great comfort” to have her squid tucked up beside her and not be a nuisance while she was sleeping.
As usual, you can also use this squid post to talk about the security stories in the news that I haven’t covered...
The 71-year-old veteran peace activist discusses the war on Gaza, the Biden administration, and shaking up Congress.
The post Code Pink’s Medea Benjamin on Disrupting the U.S. War Machine appeared first on The Intercept.
The 22-year-old woman and her child were civilian casualties of a U.S. drone strike, but the Pentagon won't return the family's messages.
The post Pentagon Compensated Zero Civilian Victims in 2022 — Despite Evidence That the U.S. Killed a Mom and Child in Somalia appeared first on The Intercept.
From biking adventures to city breaks, get inspiration for your next break – whether in the UK or further afield – with twice-weekly emails from the Guardian’s travel editors. You’ll also receive handpicked offers from Guardian Holidays.
From biking adventures to city breaks, get inspiration for your next break – whether in the UK or further afield – with twice-weekly emails from the Guardian’s travel editors.
You’ll also receive handpicked offers from Guardian Holidays.
Continue reading...With the fate of the next film up in the air, the original captain wants to get back on the Enterprise – it could be a genius feat of nostalgic casting or a desperate attempt to regain past glory
It probably says something about the gaping void where Star Trek movies ought to be sitting right now that even 93-year-old William Shatner reckons he might have a chance at getting back in the Enterprise command chair, albeit with a bit of futuristic de-ageing tech. Speaking to the Canadian Press a couple of weeks ago, the original Captain James Tiberius Kirk suggested he could easily play a younger version of the erstwhile Star Trek admiral, thanks to a company he’s working with that specialises in software that “takes years off your face, so that in a film you can look 10, 20, 30, 50 years younger than you are”.
Kirk was, of course, killed off in 1994’s Star Trek: Generations. Yet given the propensity for alternate timelines in mainstream sci-fi fantasy these days (and the fact that one was already introduced in the 2009 JJ Abrams-directed reboot) it would be no surprise at all to see him back on the deck of the Enterprise, like some kind of AI-assisted, uncanny valley facsimile of his former self, grinning with lurid romance at Uhura while fiddling with his (rumoured) corset.
Continue reading...
Non-fungible tokens (NFTs) are the most popular digital assets today, capturing the attention of cryptocurrency investors, whales and people from around the world. People find it amazing that some users spend thousands or millions of dollars on a single NFT-based image of a monkey or other token, but you can simply take a screenshot for free. So here we share some freuently asked question about NFTs.
NFT stands for non-fungible token, which is a cryptographic token on a blockchain with unique identification codes that distinguish it from other tokens. NFTs are unique and not interchangeable, which means no two NFTs are the same. NFTs can be a unique artwork, GIF, Images, videos, Audio album. in-game items, collectibles etc.
A blockchain is a distributed digital ledger that allows for the secure storage of data. By recording any kind of information—such as bank account transactions, the ownership of Non-Fungible Tokens (NFTs), or Decentralized Finance (DeFi) smart contracts—in one place, and distributing it to many different computers, blockchains ensure that data can’t be manipulated without everyone in the system being aware.
The value of an NFT comes from its ability to be traded freely and securely on the blockchain, which is not possible with other current digital ownership solutionsThe NFT points to its location on the blockchain, but doesn’t necessarily contain the digital property. For example, if you replace one bitcoin with another, you will still have the same thing. If you buy a non-fungible item, such as a movie ticket, it is impossible to replace it with any other movie ticket because each ticket is unique to a specific time and place.
One of the unique characteristics of non-fungible tokens (NFTs) is that they can be tokenised to create a digital certificate of ownership that can be bought, sold and traded on the blockchain.
As with crypto-currency, records of who owns what are stored on a ledger that is maintained by thousands of computers around the world. These records can’t be forged because the whole system operates on an open-source network.
NFTs also contain smart contracts—small computer programs that run on the blockchain—that give the artist, for example, a cut of any future sale of the token.
Non-fungible tokens (NFTs) aren't cryptocurrencies, but they do use blockchain technology. Many NFTs are based on Ethereum, where the blockchain serves as a ledger for all the transactions related to said NFT and the properties it represents.5) How to make an NFT?
Anyone can create an NFT. All you need is a digital wallet, some ethereum tokens and a connection to an NFT marketplace where you’ll be able to upload and sell your creations
When you purchase a stock in NFT, that purchase is recorded on the blockchain—the bitcoin ledger of transactions—and that entry acts as your proof of ownership.
The value of an NFT varies a lot based on the digital asset up for grabs. People use NFTs to trade and sell digital art, so when creating an NFT, you should consider the popularity of your digital artwork along with historical statistics.
In the year 2021, a digital artist called Pak created an artwork called The Merge. It was sold on the Nifty Gateway NFT market for $91.8 million.
Non-fungible tokens can be used in investment opportunities. One can purchase an NFT and resell it at a profit. Certain NFT marketplaces let sellers of NFTs keep a percentage of the profits from sales of the assets they create.
Many people want to buy NFTs because it lets them support the arts and own something cool from their favorite musicians, brands, and celebrities. NFTs also give artists an opportunity to program in continual royalties if someone buys their work. Galleries see this as a way to reach new buyers interested in art.
There are many places to buy digital assets, like opensea and their policies vary. On top shot, for instance, you sign up for a waitlist that can be thousands of people long. When a digital asset goes on sale, you are occasionally chosen to purchase it.
To mint an NFT token, you must pay some amount of gas fee to process the transaction on the Etherum blockchain, but you can mint your NFT on a different blockchain called Polygon to avoid paying gas fees. This option is available on OpenSea and this simply denotes that your NFT will only be able to trade using Polygon's blockchain and not Etherum's blockchain. Mintable allows you to mint NFTs for free without paying any gas fees.
The answer is no. Non-Fungible Tokens are minted on the blockchain using cryptocurrencies such as Etherum, Solana, Polygon, and so on. Once a Non-Fungible Token is minted, the transaction is recorded on the blockchain and the contract or license is awarded to whoever has that Non-Fungible Token in their wallet.
You can sell your work and creations by attaching a license to it on the blockchain, where its ownership can be transferred. This lets you get exposure without losing full ownership of your work. Some of the most successful projects include Cryptopunks, Bored Ape Yatch Club NFTs, SandBox, World of Women and so on. These NFT projects have gained popularity globally and are owned by celebrities and other successful entrepreneurs. Owning one of these NFTs gives you an automatic ticket to exclusive business meetings and life-changing connections.
That’s a wrap. Hope you guys found this article enlightening. I just answer some question with my limited knowledge about NFTs. If you have any questions or suggestions, feel free to drop them in the comment section below. Also I have a question for you, Is bitcoin an NFTs? let me know in The comment section below
Khaled Al Serr, a young surgeon, vanished from Nasser Hospital in Khan Younis two months ago. He hasn't been heard from since.
The post Hundreds of Palestinian Doctors Disappeared Into Israeli Detention appeared first on The Intercept.
Very possibly Glasgow’s best restaurant
Glasgow is far chicer that it ever wants to admit. It is a burly, noisy, brown-stone city with a rep for piercing the bubble of anything that is up itself, but there has always been a sleek underbelly of glam to these streets. Only quietly, mind.
Brett, for example, on a corner of Great Western Road, sets out its stall as the polar opposite of a lofty, intimidating restaurant. It’s just a wine bar that happens to throw down a little beef fillet with jersey royals. Pop by for a birthday cocktail, the website seems to say, we’ll cook you a bit of pasta or fish, all while pointing at a menu that includes the likes of fresh linguine tossed in XO-infused mushroom sauce and caramelised leek, and topped with plump Cantabrian anchovies. This is not remotely pub grub and more, “We mean business here – bring a bib!” See also Brett’s gildas, based on that rough-and-ready northern Spanish pintxo bar snack of chilli, olive and anchovy shoved on a cocktail stick; here, however, the gilda is served on a luxurious plinth of chicken fat-encrusted crouton, and the olive and anchovy come with a nerdily engineered hot sauce.
Continue reading...Chef Josh Niland ‘quite emotional’ to learn his seafood spot named in extended list of restaurants ranked 51 to 100
The World’s 50 Best Restaurants has released its extended list – and the Sydney seafood spot Saint Peter has become the only Australian restaurant to make the cut, receiving praise for spearheading a movement.
In a tweet this week, World’s 50 Best described Josh Niland’s Saint Peter as a “ground-breaking” restaurant that “takes the great Australian seafood tradition to previously unexplored heights”.
Continue reading...Agriculture is often seen as the enemy of biodiversity, but in an excerpt from her new book Sophie Yeo explains how techniques from the middle ages allow plants and animals to flourish
The Vile clings on to the edge of the Gower peninsula. Its fields are lined up like strips of carpet, together leading to the edge of the cliff that drops into the sea. Each one is tiny, around 1-2 acres. From the sky, they look like airport runways, although this comparison would have seemed nonsensical to those who tended them for most of their existence.
That is because the Vile is special: a working example of how much of Britain would have been farmed during the middle ages. Farmers have most likely been trying to tame this promontory since before the Norman conquest.
Continue reading...After old rivalries between Dogon farmers and Fulani herders erupted into violence, exacerbated by Islamist rebels, thousands of the semi-nomadic pastoralists have fled to camps in towns, leaving their cherished animals and way of life. Many must beg to survive at sites lacking food and clean water, with no end in sight to the conflict
Continue reading...Photojournalist Sean Smith has spent the last 12 months documenting the Thurrock community that operates and uses some of the busiest Trussell Trust food banks in the country
There were just under 1,400 Trussell Trust food banks in the UK in 2023, as well as 1,172 independent food banks, all largely run by volunteers from the community they serve.
Dock Road, Tilbury
Continue reading...ICC warrants against Israeli officials would mean they can’t travel — and their patrons in the U.S. would be pressured over continued arms sales.
The post Can a U.S. Ally Actually Be Held Accountable for War Crimes in the ICC? appeared first on The Intercept.
With FDA approval on the horizon, an internal document lays out measures to treat PTSD and stanch the suicide crisis.
The post The VA Is Quietly Fast-Tracking MDMA Therapy for Veterans appeared first on The Intercept.
From targeting humanitarian vehicles to standing by as mobs attack trucks, Israel is blocking aid from reaching Gaza.
The post The State Department Says Israel Isn’t Blocking Aid. Videos Show the Opposite. appeared first on The Intercept.
A weekly email from Yotam Ottolenghi, Meera Sodha, Felicity Cloake and Rachel Roddy, featuring the latest recipes and seasonal eating ideas
Each week we’ll send you an exclusive newsletter from our star food writers. We’ll also send you the latest recipes from Yotam Ottolenghi, Nigel Slater, Meera Sodha and all our star cooks, stand-out food features and seasonal eating inspiration, plus restaurant reviews from Grace Dent and Jay Rayner.
Sign up below to start receiving the best of our culinary journalism in one mouth-watering weekly email.
Continue reading...After inquiries from The Intercept, Duane Kees stepped down from his ethics panel position.
The post This U.S. Attorney Resigned Amid an Ethics Investigation. Yet He Wound Up Overseeing Judges’ Ethics. appeared first on The Intercept.
South Africa's case against Israel over allegations of genocide before the international court of justice has raised a central question of international law: what is genocide and how do you prove it? It is one of three genocide cases being considered by the UN's world court, but since the genocide convention was approved in 1948, only three instances have been legally recognised as genocide. Josh Toussaint-Strauss looks back on these historical cases to find out why the crime is so much harder to prove than other atrocities, and what bearing this has on South Africa's case against Israel and future cases
What is the genocide convention and how might it apply to the UK and Israel?
‘Famine is setting in’: UN court orders Israel to unblock Gaza food aid
Video:
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On the last day of his Huginn mission, ESA astronaut Andreas Mogensen takes us on a tour of the place he called home for 6 months: the International Space Station. From the beautiful views of Cupola to the kitchen in Node 1 filled with food and friends and all the way to the science of Columbus, the Space Station is the work and living place for astronauts as they help push science forward.
Style, with substance: what’s really trending this week, a roundup of the best fashion journalism and your wardrobe dilemmas solved, direct to your inbox every Thursday
Style, with substance: what’s really trending this week, a roundup of the best fashion journalism and your wardrobe dilemmas solved, delivered straight to your inbox every Thursday
Explore all our newsletters: whether you love film, football, fashion or food, we’ve got something for you
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Imagine a world in which you can do transactions and many other things without having to give your personal information. A world in which you don’t need to rely on banks or governments anymore. Sounds amazing, right? That’s exactly what blockchain technology allows us to do.
It’s like your computer’s hard drive. blockchain is a technology that lets you store data in digital blocks, which are connected together like links in a chain.
Blockchain technology was originally invented in 1991 by two mathematicians, Stuart Haber and W. Scot Stornetta. They first proposed the system to ensure that timestamps could not be tampered with.
A few years later, in 1998, software developer Nick Szabo proposed using a similar kind of technology to secure a digital payments system he called “Bit Gold.” However, this innovation was not adopted until Satoshi Nakamoto claimed to have invented the first Blockchain and Bitcoin.
A blockchain is a distributed database shared between the nodes of a computer network. It saves information in digital format. Many people first heard of blockchain technology when they started to look up information about bitcoin.
Blockchain is used in cryptocurrency systems to ensure secure, decentralized records of transactions.
Blockchain allowed people to guarantee the fidelity and security of a record of data without the need for a third party to ensure accuracy.
To understand how a blockchain works, Consider these basic steps:
Let’s get to know more about the blockchain.
Blockchain records digital information and distributes it across the network without changing it. The information is distributed among many users and stored in an immutable, permanent ledger that can't be changed or destroyed. That's why blockchain is also called "Distributed Ledger Technology" or DLT.
Here’s how it works:
And that’s the beauty of it! The process may seem complicated, but it’s done in minutes with modern technology. And because technology is advancing rapidly, I expect things to move even more quickly than ever.
Even though blockchain is integral to cryptocurrency, it has other applications. For example, blockchain can be used for storing reliable data about transactions. Many people confuse blockchain with cryptocurrencies like bitcoin and ethereum.
Blockchain already being adopted by some big-name companies, such as Walmart, AIG, Siemens, Pfizer, and Unilever. For example, IBM's Food Trust uses blockchain to track food's journey before reaching its final destination.
Although some of you may consider this practice excessive, food suppliers and manufacturers adhere to the policy of tracing their products because bacteria such as E. coli and Salmonella have been found in packaged foods. In addition, there have been isolated cases where dangerous allergens such as peanuts have accidentally been introduced into certain products.
Tracing and identifying the sources of an outbreak is a challenging task that can take months or years. Thanks to the Blockchain, however, companies now know exactly where their food has been—so they can trace its location and prevent future outbreaks.
Blockchain technology allows systems to react much faster in the event of a hazard. It also has many other uses in the modern world.
Blockchain technology is safe, even if it’s public. People can access the technology using an internet connection.
Have you ever been in a situation where you had all your data stored at one place and that one secure place got compromised? Wouldn't it be great if there was a way to prevent your data from leaking out even when the security of your storage systems is compromised?
Blockchain technology provides a way of avoiding this situation by using multiple computers at different locations to store information about transactions. If one computer experiences problems with a transaction, it will not affect the other nodes.
Instead, other nodes will use the correct information to cross-reference your incorrect node. This is called “Decentralization,” meaning all the information is stored in multiple places.
Blockchain guarantees your data's authenticity—not just its accuracy, but also its irreversibility. It can also be used to store data that are difficult to register, like legal contracts, state identifications, or a company's product inventory.
Blockchain has many advantages and disadvantages.
I’ll answer the most frequently asked questions about blockchain in this section.
Blockchain is not a cryptocurrency but a technology that makes cryptocurrencies possible. It's a digital ledger that records every transaction seamlessly.
Yes, blockchain can be theoretically hacked, but it is a complicated task to be achieved. A network of users constantly reviews it, which makes hacking the blockchain difficult.
Coinbase Global is currently the biggest blockchain company in the world. The company runs a commendable infrastructure, services, and technology for the digital currency economy.
Blockchain is a decentralized technology. It’s a chain of distributed ledgers connected with nodes. Each node can be any electronic device. Thus, one owns blockhain.
Bitcoin is a cryptocurrency, which is powered by Blockchain technology while Blockchain is a distributed ledger of cryptocurrency
Generally a database is a collection of data which can be stored and organized using a database management system. The people who have access to the database can view or edit the information stored there. The client-server network architecture is used to implement databases. whereas a blockchain is a growing list of records, called blocks, stored in a distributed system. Each block contains a cryptographic hash of the previous block, timestamp and transaction information. Modification of data is not allowed due to the design of the blockchain. The technology allows decentralized control and eliminates risks of data modification by other parties.
Blockchain has a wide spectrum of applications and, over the next 5-10 years, we will likely see it being integrated into all sorts of industries. From finance to healthcare, blockchain could revolutionize the way we store and share data. Although there is some hesitation to adopt blockchain systems right now, that won't be the case in 2022-2023 (and even less so in 2026). Once people become more comfortable with the technology and understand how it can work for them, owners, CEOs and entrepreneurs alike will be quick to leverage blockchain technology for their own gain. Hope you like this article if you have any question let me know in the comments section
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As brutal police repression sweeps campus encampments, schools have been cutting ties with pro-Palestine faculty members without tenure.
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