Lifeboat Foundation

Quoted: “Sometimes decentralization makes sense.

Filament is a startup that is taking two of the most overhyped ideas in the tech community—the block chain and the Internet of things—and applying them to the most boring problems the world has ever seen. Gathering data from farms, mines, oil platforms and other remote or highly secure places.

The combination could prove to be a powerful one because monitoring remote assets like oil wells or mining equipment is expensive whether you are using people driving around to manually check gear or trying to use sensitive electronic equipment and a pricey a satellite internet connection.

Instead Filament has built a rugged sensor package that it calls a Tap, and technology network that is the real secret sauce of the operation that allows its sensors to conduct business even when they aren’t actually connected to the internet. The company has attracted an array of investors who have put $5 million into the company, a graduate of the Techstars program. Bullpen Capital led the round with Verizon Ventures, Crosslink Capital, Samsung Ventures, Digital Currency Group, Haystack, Working Lab Capital, Techstars and others participating.

Continue reading “Blockchain for IoT? Yes!” »

Quoted: “Traditional law is a form of agreement. It is an agreement among people and their leaders as to how people should behave. There are also legal contracts between individuals. These contracts are a form of private law that applies to the participants. Both types of agreement are enforced by a government’s legal system.”

“Ethereum is both a digital currency and a programming language. But it is the combination of these ingredients that make it special. Since most agreements involve the exchange of economic value, or have economic consequences, we can implement whole categories of public and private law using Ethereum. An agreement involving transfer of value can be precisely defined and automatically enforced with the same script.”

“When viewed from the future, today’s current legal system seems downright primitive. We have law libraries — buildings filled with words that nobody reads and whose meaning is unclear, even to courts who enforce them arbitrarily. Our private contracts amount to vague personal promises and a mere hope they might be honored.

For the first time, Ethereum offers an alternative. A new kind of law.”

Read the article here > http://etherscripter.com/what_is_ethereum.html

Concerns about the future of artificial intelligence (AI) have recently gained coverage thanks to pioneers like Hawking, Gates, and Musk, though certainly others have been peering down that rabbit hole for some time. While we certainly need to keep our eyes on the far-reaching, it behooves us to take a closer look at the social issues that are right under our noses.

The question of artificial intelligence transforming industry is not a question of when — it’s already happening — but rather of how automation is creeping in and impacting some of the biggest influencers in the economic sphere i.e. transportation, healthcare, and others, some of which may surprise you.

I recently discussed these near-at-hand social implications and ambiguities with Steve Omohundro, CEO and founder of Possibility Research.

Social Implications of AI

In the words of Mr. Omohundro, we’re “on the verge of major transformation” in myriad ways. Consider near-term economics. McKinsey&Company have estimated that the presence of AI automation could impact the economy by $10 to $25 trillion in the next 10 years. Gartner, an information technology research group, estimates that 1/3 of all jobs will be relegated to the world of AI by 2025.

Continue reading “Dr. Steve Omohundro and the Implications of A.I. in the Future of Industry” »

Quoted: “IBM’s first report shows that “a low-cost, private-by-design ‘democracy of devices’ will emerge” in order to “enable new digital economies and create new value, while offering consumers and enterprises fundamentally better products and user experiences.” “According to the company, the structure we are using at the moment already needs a reboot and a massive update. IBM believes that the current Internet of Things won’t scale to a network that can handle hundreds of billions of devices. The operative word is ‘change’ and this is where the blockchain will come in handy.”

Read the article here > https://99bitcoins.com/ibm-believes-blockchain-elegant-solut…of-things/

Gravity modification, the scientific term for antigravity, is the ability to modify the gravitational field without the use of mass. Thus legacy physics, the RSQ (Relativity, String & Quantum) theories, cannot deliver either the physics or technology as these require mass as their field origin.

Ron Kita who recently received the first US patent (8901943) related to gravity modification, in recent history, introduced me to Dr. Takaaki Musha some years ago. Dr. Musha has a distinguished history researching Biefeld-Brown in Japan, going back to the late 1980s, and worked for the Ministry of Defense and Honda R&D.

Dr. Musha is currently editing New Frontiers in Space Propulsion (Nova Publishers) expected later this year. He is one of the founders of the International Society for Space Science whose aim is to develop new propulsion systems for interstellar travel.

Wait. What? Honda? Yes. For us Americans, it is unthinkable for General Motors to investigate gravity modification, and here was Honda in the 1990s, at that, researching this topic.

Continue reading “Honda's Gravity Modification Research” »

Recent revelations of NASA’s Eagleworks Em Drive caused a sensation on the internet as to why interstellar propulsion can or cannot be possible. The nay sayers pointed to shoddy engineering and impossible physics, and ayes pointed to the physics of the Alcubierre-type warp drives based on General Relativity.

So what is it? Are warp drives feasible? The answer is both yes and no. Allow me to explain.

The empirical evidence of the Michelson-Morley experiment of 1887, now known as the Lorentz-FitzGerald Transformations (LFT), proposed by FitzGerald in 1889, and Lorentz in 1892, show beyond a shadow of doubt that nothing can have a motion with a velocity greater than the velocity of light. In 1905 Einstein derived LFT from first principles as the basis for the Special Theory of Relativity (STR).

So if nothing can travel faster than light why does the Alcubierre-type warp drive matter? The late Prof. Morris Klein explained in his book, Mathematics: The Loss of Certainty, that mathematics has become so powerful that it can now be used to prove anything, and therefore, the loss of certainty in the value of these mathematical models. The antidote for this is to stay close to the empirical evidence.

Continue reading “The Feasibility of Interstellar Propulsion” »

Companies looking to launch satellites into space typically spend anywhere from $10–50 million per launch but thanks to 3D printing, those costs are set to drop in a big way.

For $4.9 million, businesses can use RocketLab to send small satellites into orbit. The firm’s engine, called the Rutherford, is powered by an electric motor and is the first oxygen and hydrocarbon engine to use 3D printing for all its primary components. The New Zealand company is set to begin test flights this year and aims to launch weekly commercial operations next year. Read more

“[T]he United States needs a more systematic way to help its bottled-up new-science innovators deliver their ideas to the world.”

A better way to deliver innovation to the world

Cryptocurrency aficionados have been discussing Bitcoin limitations ever since the blockchain buzz hit the street. Geeks toss around ideas for clearing transactions faster, resisting potential attacks, rewarding miners after the last coin is mined, and supporting anonymity (or the opposite—if you lean toward the dark side). There are many areas in which Bitcoin could be improved, or made more conducive to one camp or another.

Distinguished Penn State professor, John Carroll, believes that Bitcoin may eventually be marginalized due to its early arrival. He believes that its limitations will eventually be overcome by newer “altcoins”, presumably with improved mechanisms.

So, does progress in any of these areas threaten the reigning champ? It’s unlikely…

More than any other individual, Andreas Antonopoulos is the face of Bitcoin. We discussed this very issue in the outer lobby of the MIT Bitcoin Expo at which he was keynote speaker (March 2015). Then, we discussed it again, when I hosted his presentation at The Bitcoin Event in New York (also in March). He clearly and succinctly explained to me why it is unlikely that an altcoin will replace Bitcoin as the dominant—and eventually surviving—cryptocurrency…

Continue reading “Could Bitcoin be Dethroned by an Altcoin?” »