Meet the American who is the first Black woman to travel to every country in the world – RADIO.COM

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Jessica Nabongo has achieved the title of the first Black woman in history to travel to every single country in the world.

Prior to the onset of the pandemic, the Michigan native visited all 195 countries over the course of two years, ending her world tour in Seychelles, a country in East Africa, Good Morning America reported.

"Welcome to the Seychelles!! Country 195 of 195!," she captioned her Instagram post. "So much to say but for now I will just say thank you to this entire community for all of your support. This was our journey and thanks to all of you who came along for the ride!!"

Her friends and family joined her in the Seychelles to celebrate the completion of her incredible achievement.

Nabongo told "GMA" that traveling has always been a big part of her life.

Born and raised in Detroit, she first traveled to Canada when she was four. By the age of 18, she had been to Jamaica, the Cayman Islands, the United Kingdom, and her parents native country of Uganda.

After visiting about 60 countries by February 2017, Nabongo, who has a masters degree from the London School of Economics, made it her mission to visit every other country in the world.

Once she learned that she could become the first Black woman in history to achieve the feat, her goals were set.

"I didn't want anyone to beat me to it," she said. Nabongo's journey to finish seeing the world began in March of 2018.

While she first used her Instagram as a way to keep her friends and families updated along her journey, Nabongo's social media account quickly grew into a popular travel blog, which now boasts almost 200,000 followers.

She ended her quest on October 6, 2019, the same day as her late father's birthday.Nabongo said the journey was in her fathers honor.

"Had he not gotten a scholarship to Western Michigan," she said, "none of this would be happening."

Nabongo now runs JetBlack, a boutique travel firm that specializes in travel to Africa, Central and South America and the Caribbean.

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Meet the American who is the first Black woman to travel to every country in the world - RADIO.COM

Without Trump, What Is the Future of Trumpism? – World Politics Review

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Can there be Trumpism without Trump? In the wake of the Capitol riot, this is an urgent, but also surprisingly complicated question. After half a decade of debate, it is still far from obvious that we know what Trumpism actually is. Some have taken it as a local instance of a global phenomenon often described as the wave of populism, or as part of a worldwide revolt against neoliberalism. For example, as social scientists Jonathan Hopkin and Mark Blyth have put it, Trump is a data point. Global Trumpism is a structural shift.

But it is important to recognize that Trumpism is, in fact, a distinctively American product, combining three elements not so easily found in other parts of the world. The first, obviously, is Donald Trump the person, and his uncanny ability to exploit the weaknesses of the U.S. political and media systems. The second is a distinctively American far-right ideology that the Republican Party started mainstreaming long before Trump descended on a golden escalator to announce his candidacy. The third is the promotion of a form of governance that at least initially promised a primacy of political will over economic considerationswhich, of everything about Trump, is the most obviously comparable to the official agendas of at least some populists elsewhere. ...

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Without Trump, What Is the Future of Trumpism? - World Politics Review

Amid the babble of populist voices, we need to find the… – Daily Maverick

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The South African political landscape is characterised by a radical, dangerous and essentially undemocratic populist and venal left epitomised by the EFF, which was spawned by a broadly nationalist, essentially socialist and kleptocratic ANC, a plethora of smaller parties that champion the rights of selective minorities, tribal and religious groupings, populist upstarts on the ostensible right of the spectrum and the official opposition (the DA, with more than 20% of the electorates votes) which is home to a collection of social democrats, liberals, conservatives, pragmatists and some who, lamentably, have more in common with the racial nationalism espoused by the ANC and EFF.

The burning question is how can the DA, as the opposition with the most heft, grow both its organic and adjacent vote, and fashion a coalition that will unseat the command-and-control kleptocrats and their fellow travellers, and deliver a polity that is more efficient, considerably less corrupt and that will deliver much-needed economic growth?

To answer this question, one has to examine both the offering and the composition of the voter environment. Values and principles apart, the average South African voter, at one level, is an amalgam that reflects a deep religious conservatism; an often aspirational desire for both flashy and fundamental wealth, and a clinging to the conflicting mythologies of both liberation and colonialism.

The classical divides of class are less evident with a labour aristocracy that has tied its fortunes to the ruling party and a communist party that has disproportionate historical leverage over the alliance consisting of organised labour, the ANC and itself.

The combination has found expression in a labour protectionist polity, underpinned by racial transformation of the economy and fed by the wholesale theft of national resources. All this, while unemployment has grown relentlessly and is now at record levels.

Certain elements of the white electorate have turned to the racially selective haven of the Freedom Front Plus. Indians are largely given to supporting the DA along with many coloured people who resent the short shrift they have received from the ANC. The mass of black voters continue to support the ANC, albeit in dwindling numbers with some votes collared by the DA, others by the EFF, the IFP and the likes of the AIC on a tribal ticket.

It is unfortunately plain that race and myth are the overarching determinants somewhat understandably given our fractured past and that any segmentation, predicated on an understanding of beliefs, context and desired voter action, would be dominated by these considerations.

Absent a perverse lever of the kind used by Narendra Modis BJP in India, and which the likes of Herman Mashaba hope to capitalise on (but thankfully has no or little base), which exploits ethnic divides and a form of populism in the hopes of securing a majority, the viable communication of an alternative to shift the allegiances of the bulk of voters remains elusive.

Voting is a habit and habits are hard to break, especially when governed by the self-interest of those complicit in a system of patronage and others who aspire to being part of it as the only way out of their unenviable situation. Add to this the trump card of race and an accompanying hand of myths and you have the makings of a flush for now.

The wild card is, of course, the significant chunk of young voters who remain alienated, disinterested and otherwise occupied. Their natural inclination is to cut across racial divides and they are more open to questioning the myths that are peddled.

A targeted focus in this regard given their levels of alienation, unemployment, general dissatisfaction and aspiration would pay significant voter dividends and the channel of mobile telephony and impactful social media interaction provides a handy tool.

The youth would be open to a message that ties their post-apartheid aspirations to an offering that prioritises jobs, prosperity and harmony in a qualitatively new mould free of the past and focused on the future, and this is where values and principles need to be directed.

It has historically been the youth of parties that has fired the imagination of a new cohort and changed the perceptions of the old. The challenge and opportunity is to ensure that they are onside with the essential values and principles. This requires both communication and engagement.

These need to be based unambiguously on liberty, freedom, prosperity, economic growth and opportunity. Voters need to be weaned off paltry handouts and be given sight of prospective hand-ups on to the ladder of opportunity. This is where policy around education and the fostering of an innovative environment for jobs becomes key.

This is where role models come into play across the board, across countries and across race who share, live and reap the offerings of an open opportunity society. This is where the DA comes into play, contrary to the pronouncements of the pundits.

This is where intellectual icons like Thomas Sowell, musicians and the fashionistas of ideas come into play. Its about the world, not just the limited locality thats how you capture the imagination of the youth.

Theres much thats sexy, liberal and sound out there its fluid and can be fashioned. Now is the time. The youth are open to ideas. They are not necessarily conventionally conservative; they are potentially radical, and radicalism is an often under-recognised element of liberalism and conservatism for that matter.

The failure of democratic liberalism to capture the imagination of the electorate in the 21st century has led to a populist conservatism that draws on the alt-right and that has brought Trump, Brexit, Le Pen in France and the AfD in Germany to the fore.

How wonderful would it be if the DA could buck this trend in the most challenging of environments that momentarily allows the left equivalent of the right on the extremes of the political horseshoe to hold sway?

That would be a tonic of note to counter the various challenges and assaults from both extremes a vaccine against the virus in the time of Covid when authoritarianism with a pernicious agenda is on the up. DM

Ghaleb Cachalia is an MP in the National Assembly and the DA spokesman on Public Enterprises and serves on the Ethics Committee in Parliament.

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Amid the babble of populist voices, we need to find the... - Daily Maverick

The global quantum computing race has begun. What will it take to win it? – ZDNet

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The UK is now facing a huge challenge: after having secured a top spot in the quantum race, retaining the country's status is going to require some serious stepping up.

National quantum programs and decade-long quantum strategies are increasingly being announced by governments around the world. And as countries unlock billions-worth of budgets, it is becoming clear that a furious competition is gradually unrolling. Nations want to make sure that they are the place-to-be when quantum technologies start showing some real-world value and the UK, for one, is keen to prove that it is a quantum hotspot in the making.

"We have a very successful program that is widely admired and emulated around the world," said Peter Knight, who sits on the strategic advisory for the UK's national quantum technology program (NQTP), as he provided a virtual update on the NQTP's performance so far.

Speaking at an online conference last month, Knight seemed confident. The UK, said the expert, in line with the objectives laid out in the program, is on track to become "the go-to place" for new quantum companies to start, and for established businesses to base all manners of innovative quantum activities.

SEE: Hiring Kit: Computer Hardware Engineer (TechRepublic Premium)

The UK is just over halfway through the NQTP, which saw its second five-year phase kick off at the end of 2019, and at the same timehit an impressive milestone of 1 billion ($1.37 billion) combined investment. This, the government claims, is letting the UK keep pace with competitors who are also taking interest in quantum namely, the US and China.

There is no doubt that the country has made strides in the field of quantum since the start of the NQTP. New ground-breaking research papers are popping up on a regular basis, and so are news reports of rounds of funding from promising quantum startups.

But with still just under half of the national quantum program to carry out, and despite the huge sums already invested, the UK is now facing a bigger challenge yet: after having chased a top spot in the quantum race, retaining the country's status in the face of ferocious competition is going to require some serious stepping up.

Clearly playing in favor of the UK is the country's early involvement in the field. The NQTP was announced as early as 2013, and started operating in 2014, with an initial 270 million ($370 million) budget. The vision laid out in the program includes creating a "quantum-enabled economy", in which the technology would significantly contribute to the UK's economy and attract both strong investment and global talent.

"The national program was one of the first to kick off," Andrew Fearnside, senior associate specializing in quantum technologies at intellectual property firm Mewburn Ellis, tells ZDNet. "There are increasingly more national programs emerging in other countries, but they are a good few years behind us. The fact that there has been this sustained and productive long-term government initiative is definitely attractive."

The EU's Quantum Technologies Flagship, in effect,only launched in 2018; some countries within the bloc,like France, started their own quantum roadmaps on top of the European initiative even later. Similarly, the National Quantum Initiative Act wassigned into law by the Trump administration but that was also in 2018, years into the UK's national quantum technology program.

Since it launched in 2014, there has been abundant evidence of the academic successes of the initial phase of the NQTP. In Birmingham, the Quantum Sensing Hub is developing new types of quantum-based magnetic sensors that could help diagnose brain and heart conditions, while the Quantum Metrology Institute leads the development of quantum atomic clocks. There are up to 160 research groups and universities registered across the UK withprograms that are linked to quantum technologies, working on projects ranging from the design of quantum algorithms to the creation of new standards and verification methods.

A much harder challenge, however, is to transform this strong scientific foundation into business value and as soon as the UK government announced the second phase of the NQTP at the end of 2019,a clear messageemerged: quantum technology needed to come out of the lab, thanks to increased private sector investment that would accelerate commercialization.

Some key initiatives followed. A national quantum computing center was established for academics to work alongside commercial partners such as financial services company Standard Chartered, "possibly with an eye on financial optimization problems," notes Fearnside, given the business'established interest in leveraging quantum technologies. A 10 million ($13 million) "Discovery" program alsolaunched a few months ago, bringing together five quantum computing companies, three universities and the UK's national physical laboratory all for the purpose of making quantum work for businesses.

The government's efforts have been, to an extent, rewarded. The quantum startup ecosystem is thriving in the UK, with companies like Riverlane or Cambridge Quantum Computing completing strong rounds of private financing. In total, up to 204 quantum-related businesses have been listed so far in the country.

But despite these encouraging results, the UK is still faced with a big problem. Bringing university-born innovation to the real worldhas always been a national challenge, and quantum is no exception. A 2018 report from the Science and Technology committee, in fact,gave an early warning of the stumbling blocksthat the NQTP might run into, and stressed the need for improved awareness across industry of the potential of quantum technologies.

The committee urged the government to start conveying the near-term benefits that quantum could provide to businesses something that according to the report, CEOs and company chairs in North America worryingly seem to realize a whole lot better.

It's been three years since the report was published, and things haven't changed much. Speaking at the same forum as the NQTP's Peter Knight, Ian West, a partner at consultancy firm KPMG, said that there remained a huge barrier to the widespread take-up of quantum technologies in the UK. "Some of our clients feel they don't understand the technology, or feel it's one for the academics only," he argued.

"We need that demand from businesses who will be the ultimate users of quantum technologies, to encourage more investment," West added. "We need to do much more to explain the near-term and medium-term use cases for business applications of quantum technologies."

SEE: BMW explores quantum computing to boost supply chain efficiencies

Without sufficient understanding of the technology, funding problems inevitably come. The difficulty of securing private money for quantum stands in stark contrast to the situation across the Atlantic, where investors have historically done a better job of spotting and growing successful technology companies. Add the deep pockets of tech giants such as Google, IBM or Microsoft, which are all pouring money into quantum research, and it is easy to see why North America might have better prospects when it comes to winning the quantum game.

In the worst of cases, this has led to US technology hubs hoovering up some of the best quantum brains in the UK. In 2019, for example, PsiQ, a promising startup that was founded at the University of Bristol with the objective of producing a commercial quantum computer, re-located to Silicon Valley. The movewas reported to be partly motivated by a lack of access to capital in Europe. It was a smart decision: according to the company's latest update, PsiQ hasnow raised $215 million (156 million) in VC funding.

Pointing to the example of PsiQ, Simon King, partner and deep tech investor at VC firm Octopus Ventures, explains that to compete against the US, the UK needs to up its game when it comes to assessing the startups that show promise, and making sure that they are injected with adequate cash.

"The US remains the biggest competitor, with a big concentration of universities and academics and the pedigree and culture of commercializing university research," King tells ZDNet. "Things are definitely moving in the right direction, but the UK and Europe still lag behind the US, where there is a deeper pool of capital and there are more investors willing to invest in game-changing, but long-term technology like quantum."

US-based private investors are only likely to increase funding for the quantum ecosystem in the coming years, and significant amounts of public money will be backing the technology too. The National Quantum Initiative Act that was signed in 2018 came with $1.2 billion (870 million) to be invested in quantum information science over the next five years; as more quantum companies flourish, the budget can be expected to expand even further.

Competition will be coming from other parts of the world as well. In addition to the European Commission's 1 billion ($1.20 billion) quantum flagship, EU countries are also spending liberally on the technology. Germany, in particular, has launched a 2 billion ($2.4 billion) funding program for the promotion of quantum technologies in the country, surpassing by far many of its competitors; but France, the Netherlands, and Switzerland are all increasingly trying to establish themselves as hubs for quantum startups and researchers.

SEE: Less is more: IBM achieves quantum computing simulation for new materials with fewer qubits

Little data is available to measure the scope of the commercialization of quantum technology in China, but the country has made no secret of its desire to secure a spot in the quantum race, too. The Chinese government has ramped up its spending on research and development, and the impact of that investment has already shown in the countryachieving some significant scientific breakthroughs in the field.

In the midst of this ever-more competitive landscape, whether the UK can effectively distinguish itself as the "go-to place" for quantum technologies remains to be seen. One thing is for certain: the country has laid some very strong groundwork to compete. "The UK has some genuinely world-class universities with some really brilliant academics, so while the objective is certainly ambitious, it's not out of the question," argues King.

But even top-notch researchers and some of the most exciting quantum startups might not cut it. The UK has positioned itself well from an early stage in the quantum race, but becoming a frontrunner was only one part of the job. Preserving the country's position for the coming years might prove to be the hardest challenge yet.

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The global quantum computing race has begun. What will it take to win it? - ZDNet

Kangaroo Court: Quantum Computing Thinking on the Future – JD Supra

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The promise of quantum computers is that certain computational tasks might be executed exponentially faster on a quantum processor than on a classical processor.

Quantum computing is a beautiful fusion of quantum physics with computer science. It incorporates some of the most stunning ideas of physics from the twentieth century into an entirely new way of thinking about computation. Quantum computers have the potential to resolve problems of a high complexity and magnitude across many different industries and application, including finance, transportation, chemicals, and cybersecurity. Solving the impossible in a few hours of computing time.

Quantum computing is often in the news: China teleported a qubit from earth to a satellite; Shors algorithm has put our current encryption methods at risk; quantum key distribution will make encryption safe again; Grovers algorithm will speed up data searches. But what does all this really mean? How does it all work?

Todays computers operate in a very straightforward fashion: they manipulate a limited set of data with an algorithm and give you an answer. Quantum computers are more complicated. After multiple units of data are input into qubits, the qubits are manipulated to interact with other qubits, allowing for several calculations to be done simultaneously. Thats where quantum computers are a lot faster than todays machines.

Quantum computers have four fundamental capabilities that differentiate them from todays classical computers:

All computations involve inputting data, manipulating it according to certain rules, and then outputting the final answer. For classical computations, the bit is the basic unit of data. For quantum computation, this unit is the quantum bit usually shortened to qubit.

The basic unit of quantum computing is a qubit. A classical bit is either 0 or 1. If its 0 and we measure it, we get 0. If its 1 and we measure 1, we get 1. In both cases the bit remains unchanged. The standard example is an electrical switch that can be either on or off. The situation is totally different for qubits. Qubits are volatile. A qubit can be in one of an infinite number of states a superposition of both 0 and 1 but when we measure it, as in the classical case, we just get one of two values, either 0 or 1. Qubits can also become entangled. In fact, the act of measurement changes the qubit. When we make a measurement of one of them, it affects the state of the other. Whats more, they interact with other qubits. In fact, these interactions are what make it possible to conduct multiple calculations at once.

Nobody really knows quite how or why entanglement works. It even baffled Einstein, who famously described it as spooky action at a distance. But its key to the power of quantum computers. In a conventional computer, doubling the number of bits doubles its processing power. But thanks to entanglement, adding extra qubits to a quantum machine produces an exponential increase in its number-crunching ability.

These three things superposition, measurement, and entanglement are the key quantum mechanical ideas. Controlling these interactions, however, is very complicated. The volatility of qubits can cause inputs to be lost or altered, which can throw off the accuracy of results. And creating a computer of meaningful scale would require hundreds of thousands of millions of qubits to be connected coherently. The few quantum computers that exist today can handle nowhere near that number. But the good news is were getting very, very close.

Quantum computing and classical computer are not two distinct disciplines. Quantum computing is the more fundamental form of computing anything that can be computed classically can be computed on a quantum computer. The qubit is the basic unit of computation, not the bit. Computation, in its essence, really means quantum computing. A qubit can be represented by the spin of an electron or the polarization of a photon.

In 2019 Google achieved a level of quantum supremacy when they reported the use of a processor with programmable superconducting qubits to create quantum states on 54 qubits, corresponding to a computational state-space of dimension 253(about 1016). This incredible achievement was slightly short of their mission goal for creating quantum states of 72 qubits. What is so special about this number? Classical computers can simulate quantum computers if the quantum computer doesnt have too many qubits, but as the number of qubits increases we reach the point where that is no longer possible.

There are 8 possible three-bit combinations: 000,001, 010, 011, 100, 101, 110, 111. The number 8 comes from 23. There are two choices for the first bit, two for the second and two for the third, and we might multiple these three 2s together. If instead of bits we switch to qubits, each of these 8 three-bit strings is associated with a basis vector, so the vector space is 8-dimensional. If we have 72 qubits, the number of basis elements is 2. This is about 4,000,000,000,000,000,000,000. It is a large number and is considered to be the point at which classical computers cannot simulate quantum computers. Once quantum computers have more than 72 or so qubits we truly enter the age of quantum supremacy when quantum computers can do computations that are beyond the ability of any classical computer.

To provide a little more perspective, lets consider a machine with 300 qubits. This doesnt seem an unreasonable number of the not too distant future. But 2300 is an enormous number. Its more than the number of elementary particles in the known universe. A computation using 300 qubits would be working with 2300 basis elements.

Some calculations required for the effective simulation of real-life scenarios are simply beyond the capability of classical computers whats known as intractable problems. Quantum computers, with their huge computational power, are ideally suited to solving these problems. Indeed, some problems, like factoring, are hard on a classical computer, but are easy on a quantum computer. This creates a world of opportunities, across almost every aspect of modern life.

Healthcare: classical computers are limited in terms of size and complexity of molecules they can simulate and compare (an essential process of early drug development). Quantum computers will allow much larger molecules to be simulated. At the same time, researchers will be able to model and simulate interactions between drugs and all 20,000+ proteins encoded in the human genome, leading to greater advancements in pharmacology.

Finance: one potential application is algorithmic trading using complex algorithms to automatically trigger share dealings based on a wide variety of market variables. The advantages, especially for high-volume transactions, are significant. Another application is fraud detection. Like diagnostics in healthcare, fraud detection is reliant upon pattern recognition. Quantum computers could deliver a significant improvement in machine learning capabilities; dramatically reducing the time taken to train a neural network and improving the detection rate.

Logistics: Improved data analysis and modelling will enable a wide range of industries to optimize workflows associated with transport, logistics and supply-chain management. The calculation and recalculation of optimal routes could impact on applications as diverse as traffic management, fleet operations, air traffic control, freight and distribution.

It is, of course, impossible to predict the long-term impact of quantum computing with any accuracy. Quantum computing is now in its infancy, and the comparison to the first computers seems apt. The machines that have been constructed so far tend to be large and not very powerful, and they often involve superconductors that need cooled to extremely low temperatures. To minimize the interaction of quantum computers with the environment, they are always protected from light and heat. They are shieled against electromagnetic radiation, and they are cooled. One thing that can happen in cold places is that certain materials become superconductors they lose all electrical resistance and superconductors have quantum properties that can be exploited.

Many countries are experimenting with small quantum networks using optic fiber. There is the potential of connecting these via satellite and being able to form a worldwide quantum network. This work is of great interest to financial institutions. One early impressive result involves a Chinese satellite that is devoted to quantum experiments. Its named Micius after a Chinese philosopher who did work in optics. A team in China connected to a team in Austria the first time that intercontinental quantum key distribution (QKD) had been achieved. Once the connection was secured, the teams sent pictures to one another. The Chinese team sent the Austrians a picture of Micius, and the Austrians sent a picture of Schrodinger to the Chinese.

To actually make practical quantum computers you need to solve a number of problems, the most serious being decoherence the problem of your qubit interacting with something from the environment that is not part of the computation. You need to set a qubit to an initial state and keep it in that state until you need to use it. Their quantum state is extremely fragile. The slightest vibration or change in temperature disturbances known as noise in quantum-speak can cause them to tumble out of superposition before their job has been properly done. Thats why researchers are doing the best to protect qubits from the outside world in supercooled fridges and vacuum chambers.

Alan Turing is one of the fathers of the theory of computation. In his landmark paper of 1936 he carefully thought about computation. He considered what humans did as they performed computations and broke it down to its most elemental level. He showed that a simple theoretical machine, which we now call a Turing machine, could carry out any algorithm. But remember, Turing was analyzing computation based on what humans do. With quantum computation the focus changes from how humans compute to how the universe computes. Therefore, we should think of quantum computation as not a new type of computation but as the discovery of the true nature of computation.

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Kangaroo Court: Quantum Computing Thinking on the Future - JD Supra

Quantum venture funding dipped 12% in 2020, but quantum investments rose 46% – VentureBeat

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Sorting through the hype surrounding quantum computing these days isnt easy for enterprises trying to figure out the right time to jump in. Skeptics say any real impact is still years away, and yet quantum startups continue to seduce venture capitalists in search of the next big thing.

A new report from CB Insights may not resolve this debate, but it does add some interesting nuance. While the number of venture capital deals for quantum computing startups rose 46% to 37 in 2020 compared to 2019, the total amount raised in this sector fell 12% to $365 million.

Looking at just the number of deals, the annual tally has ticked up steadily from just 6 deals in 2015. As for the funding total, while it was down from $417 million in 2019, it remains well above the $73 million raised in 2015.

Theres a couple of conclusions to draw from this.

First, the number of startups being drawn into this space is clearly rising. As research has advanced, more entrepreneurs with the right technical chops feel the time is now to start building their startup.

Second, the average deal size for 2020 was just under $10 million. And if you include the $46 million IQM raised, that squeezes the average for most other deals down even further. That certainly demonstrates optimism, but its far from the kind of financial gusher or valuations that would indicate any kind of quantum bubble.

Finally, its important to remember that startups are likely a tiny slice of whats happening in quantum these days. A leading indicator? Perhaps.But a large part of the agenda is still being driven by tech giants who have massive resources to invest in a technology that may have a long horizon and could be years away from generating sufficient revenues. That includes Intel, IBM, Google, Microsoft, and Amazon.

Indeed, Amazon just rolled out a new blog dedicated to quantum computing.Last year, Amazon Web Services launched Amazon Braket, a product that lets enterprises start experimenting with quantum computing. Even so, AWS quantum computing director Simone Severini wrote in the inaugural blog post that business customers are still scratching their heads over the whole phenomenon.

We heard a recurring question, When will quantum computing reach its true potential? My answer was, I dont know.' she wrote. No one does. Its a difficult question because there are still fundamental scientific and engineering problems to be solved. The uncertainty makes this area so fascinating, but it also makes it difficult to plan. For some customers, thats a real issue. They want to know if and when they should focus on quantum computing, but struggle to get the facts, to discern the signal from all the noises.

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Quantum venture funding dipped 12% in 2020, but quantum investments rose 46% - VentureBeat

Quantum Computers May Steal Bitcoin by Deriving Private Keys once Advanced Enough in 5-30 Years, Experts Claim – Crowdfund Insider

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John Smith, who has been regularly keeping up with computer science, quantum computing, and cryptocurrency-related developments, claims that the future of crypto is quantum-resistant, meaning we must build systems that can protect themselves against the potential attack from quantum computers (QCs) when they become powerful enough to present a challenge to digital asset networks.

While discussing what the future threat to Bitcoin (BTC) from Quantum Computing might be, and how big of a deal it really is, Smith claims that the threat is that quantum computers will eventually be able to break Bitcoins current digital signatures, which could render the network insecure and cause it to lose value.

He goes on to question why there isnt already a solution as trivial as simply upgrading the signatures? He explains that this might not be possible due to the decentralized nature of Bitcoin and other large crypto-asset networks such as Ethereum (ETH).

While discussing how long until someone actually develops a quantum computer that can steal BTC by quickly deriving private keys from their associated public keys, Smith reveals that serious estimates range somewhere from 5 to over 30 years, with the median expert opinion being around 15 years.

Smooth added:

Banks/govts/etc. will soon upgrade to quantum-resistant cryptography to secure themselves going forward. Bitcoin, however, with large financial incentives for attacking it and no central authority that can upgrade *for* users, faces a unique set of challenges.

Going on to mention the main challenges, Smith notes that we can separate vulnerable BTC into three classes, including lost coins (which are estimated to be several million), non-lost coins residing in reused/taproot/otherwise-vulnerable addresses, and coins in the mempool (i.e., being transacted).

Beginning with lost coins, why are they even an issue? Because its possible to steal a huge number all at once and then selling them in mass quantities which could tank the entire crypto market. He added that if that seems imminent, the market could preemptively tank. He also mentioned that an attacker may profit greatly by provoking either of the above and shorting BTC.

While proposing potential solutions, Smith suggests preemptively burning lost coins via soft fork (or backwards compatible upgrade). He clarifies that just how well this works will depend on:

He further noted:

Another potential way around the problem of millions of lost BTC is if a benevolent party were to steal & then altruistically burn them. Not clear how realistic this is, given the financial incentives involved & who the parties likely to have this capability would be.

He added:

Moving on why are non-lost coins with vulnerable public keys an issue? This is self-evident. The primary threat to the wealth of BTC holders is their BTC being stolen. And as with lost coins, a related threat is that the market starts to fear such an attack is possible.

He also mentioned that another solution could be that Bitcoin adds a quantum-resistant signature and holders proactively migrate. He points out that how well this all works will depend on:

While discussing the vulnerability of coins in the mempool, Smith mentioned that it could complicate migration to quantum-resistant addresses *after* large QCs are built or it could greatly magnify the threat posed by an unanticipated black swan advance in QC.

While proposing other solutions, Smith noted:

A commit-reveal tx scheme can be used to migrate coins without mempool security. This gets around the vulnerability of a users old public key by adding an extra encryption/decryption step based on their new quantum-resistant key but w/ crucial limitations.

He added:

Considerations w/ commit-reveal migration [are that] its not foolproof unless a user starts with their coins stored in a non-vulnerable address, because attackers can steal any vulnerable coins simply by beating the original owner to the punch.

Considerations with commit-reveal migration are also that commit transactions introduce technical hurdles (vs. regular txs) & increase the load on the network. Neither of these are insurmountable by any means, but they suggest that this method should not be relied upon too heavily, Smith claims.

He also noted that how well the commit-reveal transaction type works will depend on:

He added:

One potential way around the network overhead & just plain hassle of commit-reveal migration would be if a highly efficient quantum-resistant zero-knowledge proof were discovered. Current QR ZK algorithms are far too large to use in Bitcoin, but that could change. Worth noting.

While sharing other potential solutions, Smith noted that theres the tank the attack & rebuild.

He pointed out that Bitcoins network effects are massive, so it is challenging to accurately estimate or predict what the crypto ecosystem will look like in the future, but the potential economic disruption of BTC failing may incentivize extraordinary measures to save the network.

He added:

Bitcoins ability to tank a quantum-computing-related market crash will depend on [whether theres] another chain capable of replacing BTC as the main crypto store of value [and whether] BTC [can] avoid a mining death spiral? Also, how far will stakeholders go to ensure the network survives & rebounds?

Smith also mentioned that for people or institutions holding Bitcoin, some good measures may be purchasing insurance, and/or hedging BTC exposure with an asset that would be expected to increase in value in the case of an attack.

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Quantum Computers May Steal Bitcoin by Deriving Private Keys once Advanced Enough in 5-30 Years, Experts Claim - Crowdfund Insider

Danna Freedman to Discuss Applications of Quantum Technology at AAAS Annual Meeting, Feb. 8-11 – HPCwire

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Feb. 9, 2021 Northwestern Universitys Danna Freedman will share novel insights on quantum chemistrys ability to unlock access to molecules and open new fields of study at the American Association for the Advancement of Science (AAAS) annual meeting.

Freedman is a founding member of Q-NEXT, a transformative 100-person cross-institutional Department of Energy National Quantum Information Science Research Center at the Argonne National Laboratory.

Freedmans research approaches quantum systems from the bottom up rather than building quantum bits from the same components as everyday electronics will enable the creation of next-generation quantum technology.

Molecular chemistry enables a new paradigm for creating quantum information systems from the ground up, Freedman said. Molecules enable the construction of complex architectures by conferring structural precision and reproducibility.

Freedman will discuss this work in her presentation Molecular Quantum Information Technology: A New Way to Access Quantum Computers during a group scientific session called Designer Molecules: Understanding and Utilizing Their Quantum Nature.

Participants can register for the virtual 2021 AAAS Annual Meeting, which will take place Feb. 8 to 11, here.

Freedman, a professor of chemistry in the Weinberg College of Arts and Sciences at Northwestern, applies synthetic inorganic chemistry to overcome fundamental obstacles in physics and energy research.

Molecules are critical to our understanding of some of sciences most fundamental questions such as the Big Bang, star formation and access to quantum computing techniques. However, researchers have long considered molecules as too complex to study effectively.

Freedmans research challenges this assumption and paves the way for new understandings of molecules in ways that previously seemed impossible. Her cross-disciplinary team chemically synthesizes molecules that encode quantum information into their magnetic, or spin, states.

Source: NORTHWESTERN UNIVERSITY

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Danna Freedman to Discuss Applications of Quantum Technology at AAAS Annual Meeting, Feb. 8-11 - HPCwire

The Quantum Computing market is expected to grow from USD 472 million in 2021 to USD 1,765 million by 2026, at a CAGR of 30.2% – Yahoo Finance

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The early adoption of quantum computing in the banking and finance sector is expected to fuel the growth of the market globally. Other key factors contributing to the growth of the quantum computing market include rising investments by governments of different countries to carry out research and development activities related to quantum computing technology.

New York, Feb. 10, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Quantum Computing Market with COVID-19 impact by Offering, Deployment, Application, Technology, End-use Industry and Region - Global Forecast to 2026" - https://www.reportlinker.com/p05064748/?utm_source=GNW Several companies are focusing on the adoption of QCaaS post-COVID-19. This, in turn, is expected to contribute to the growth of the quantum computing market. However, stability and error correction issues is expected to restrain the growth of the market.

Services segment is attributed to hold the largest share of the Quantum Computing marketThe growth of services segment can be attributed to the increasing number of startups across the world that are investing in research and development activities related to quantum computing technology. This technology is used in optimization, simulation, and machine learning applications, thereby leading to optimum utilization costs and highly efficient operations in various end-use industries.

Cloud based deployment to witness the highest growth in Quantum Computing market in coming yearsWith the development of highly powerful systems, the demand for cloud-based deployment of quantum computing systems and services is expected to increase.This, in turn, is expected to result in a significant revenue source for service providers, with users paying for access to noisy intermediate-scale quantum (NISQ) systems that can solve real-world problems.

The limited lifespan of rapidly advancing quantum computing systems also favors cloud service providers.The flexibility of access offered to users is another factor fueling the adoption of cloud-based deployment of quantum computing systems and services.

For the foreseeable future, quantum computers are expected not to be portable. Cloud can provide users with access to different devices and simulators from their laptops.

Optimization accounted for a major share of the overall Quantum Computing marketOptimization is the largest application for quantum computing and accounted for a major share of the overall Quantum Computing market.Companies such as D-Wave Systems, Cambridge Quantum Computing, QC Ware, and 1QB Information Technologies are developing quantum computing systems for optimization applications.

Networked Quantum Information Technologies Hub (NQIT) is expanding to incorporate optimization solutions for resolving problems faced by the practical applications of quantum computing technology.

Trapped ions segment to witness highest CAGR of Quantum Computing market during the forecast periodThe trapped ions segment of the market is projected to grow at the highest CAGR during the forecast period as quantum computing systems based on trapped ions offer more stability and better connectivity than quantum computing systems based on other technologies. IonQ, Alpine Quantum Technologies, and Honeywell are a few companies that use trapped ions technology in their quantum computing systems.

Banking and finance is attributed to hold major share of Quantum Computing market during the forecast periodIn the banking and finance end-use industry, quantum computing is used for risk modeling and trading applications.It is also used to detect the market instabilities by identifying stock market risks and optimize the trading trajectories, portfolios, and asset pricing and hedging.

As the financial sector is difficult to understand; the quantum computing approach is expected to help users understand the complexities of the banking and finance end-use industry. Moreover, it can help traders by suggesting them solutions to overcome financial challenges.

APAC to witness highest growth of Quantum Computing market during the forecast periodAPAC region is a leading hub for several industries, including healthcare and pharmaceuticals, banking and finance, and chemicals.Countries such as China, Japan, and South Korea are the leading manufacturers of consumer electronics, including smartphones, laptops, and gaming consoles, in APAC.

There is a requirement to resolve complications in optimization, simulation, and machine learning applications across these industries.The large-scale development witnessed by emerging economies of APAC and the increased use of advanced technologies in the manufacturing sector are contributing to the development of large and medium enterprises in the region.

This, in turn, is fueling the demand for quantum computing services and systems in APAC.In APAC, the investments look promising, as most countries such as China, Japan, and South Korea have successfully contained the virus compared with the US and European countries.China is easing the restrictions placed on factory lockdowns and worker movement.

Despite being the epicenter of COVID-19, China has maintained its dominant position as a global network leader.

The break-up of primary participants for the report has been shown below: By Company Type: Tier 1 - 18%, Tier 2 - 22%, and Tier 3 - 60% By Designation: C-level Executives - 21%, Manager Level - 35%, and Others - 44% By Region: North America - 45%, Europe - 38%, APAC - 12%, and RoW - 5%

The Quantum Computing market was dominated by International Business Machines (US), D-Wave Systems (Canada), Microsoft (US), Amazon (US), and Rigetti Computing (US).

Research Coverage:This research report categorizes the Quantum Computing based on offering, deployment, application, technology, end-use industry and region. The report describes the major drivers, restraints, challenges, and opportunities pertaining to the Quantum Computing market and forecasts the same till 2026.

Key Benefits of Buying the Report

The report would help leaders/new entrants in this market in the following ways:1. This report segments the Quantum Computing market comprehensively and provides the closest market size projection for all subsegments across different regions.2. The report helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, challenges, and opportunities for market growth.3. This report would help stakeholders understand their competitors better and gain more insights to improve their position in the business. The competitive landscape section includes product launches and developments, partnerships, and collaborations.4. This report would help understand the pre and post-COVID-19 scenarios as to how would the penetration of quantum computing will look like for the forecast period. The region segment includes the country wise impact analysis of COVID-19 and initiatives taken to overcome these impacts.

Read the full report: https://www.reportlinker.com/p05064748/?utm_source=GNW

About ReportlinkerReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.

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The Quantum Computing market is expected to grow from USD 472 million in 2021 to USD 1,765 million by 2026, at a CAGR of 30.2% - Yahoo Finance

Microsoft Scientists Build Chip That Can Handle Thousands Of Qubits – Analytics India Magazine

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Scientists and engineers at the University of Sydney and Microsoft Corporation have developed a device that can handle thousands of qubits. To put things in perspective, the current state-of-the-art quantum computer can control only 50 qubits at a time.

Scaled-up quantum computers require control interfaces to manipulate or readout a large number of qubits, which usually operate at temperatures close to absolute zero (1 Kelvin or -273 degrees celsius).

The complementary metal-oxide-semiconductor (CMOS) technology has its limitations due to high thermodynamic dissipation, leading to heating of the fragile quantum bits. Overheating of quantum bits compromises its quantumness, the property of being in two states at the same time (also called superposition).

The current architecture uses multiple connections as every qubit is controlled by external circuitry with a separate electrical connection, generating a lot of heat.

The scientists from the University of Sydney built a CMOS interface between the qubits and the external circuitry, in such a way that the CMOS chip can generate control pulses for multiple qubits, with just four low-bandwidth wires, at 0.1 Kelvin, a temperature 30 times colder than deep space, with ultralow power dissipation.

The interface consists of four low-bandwidth wires at room temperature to provide input signals to the chip, which then configures 32 analogue circuit blocks to control the qubits that use dynamic voltage signals.

Analogue circuit boards use the low leakage of the transistors to generate dynamic voltage signals for manipulating qubits, consuming significantly less power.

Quantum computers are at a similar stage that classical computers were in their 40s when machines needed control rooms to function.

However, this chip, according to the scientists, is the most advanced integrated circuit ever built to operate at deep cryogenic temperatures.

The quantum computers that we have now are still lab prototypes and are not commercially relevant yet. Hence, this is definitely a big step towards building practical and commercially relevant quantum computers, said Mr Viraj Kulkarni, But I think that we are still far away from it.

This is because of the Error Correction. Any computing device always has errors in it and no electronic device can be completely perfect. There are various techniques that computers use to correct those errors.

Now the problem with quantum computing is that qubits are very fragile. Even a slight increase in temperature, vibrations, or even cosmic rays can make qubits lose their quantumness, and this introduces errors. So the key question of whether we can really control these errors is still relevant.

Nivedita Dey, research coordinator at Quantum Research and Development Labs, said the qubit noise is still a roadblock in developing quantum computers.

One of the biggest challenges in implementing a quantum circuit in this Noisy Intermediate Scale Quantum (NISQ) era is qubit noise, which causes hindrance in commercial availability of fault-tolerant full-scale quantum computers, said Ms Dey.

This approach can be well suited for practical quantum applications and might reduce the number of error-correcting qubits to be associated with noisy qubits, she added.

If quantum computing does prove to be commercially viable, it will open up completely new avenues.

A plane is not just faster than a car, it can also fly, said Mr Kulkarni, drawing an analogy between quantum computers and conventional computers. The idea is that quantum computers are not just faster, but at the same time will provide us with solutions that are better, especially in AI.

Hence, many applications in AI including complex mathematical equations, drug discovery by enabling chemical simulations, or building financial applications to come up with a better strategy will be solved in a faster and efficient way.

In the end its a tool, so any function a conventional computer can achieve, quantum computers will be able to do it faster and better.

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Microsoft Scientists Build Chip That Can Handle Thousands Of Qubits - Analytics India Magazine

A Swiss company claims it used quantum computers to find weakness in encryption – HT Tech

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Security experts have long worried that advances in quantum computing could eventually make it easier to break encryption that protects the privacy of peoples data. Thats because these sophisticated machines can perform calculations at speeds impossible for conventional computers, potentially enabling them to crack codes previously thought indecipherable.

Now, a Swiss technology company says it has made a breakthrough by using quantum computers to uncover vulnerabilities in commonly used encryption. The company believes its found a security weakness that could jeopardize the confidentiality of the worlds internet data, banking transactions and emails.

Terra Quantum AG said its discovery upends the current understanding of what constitutes unbreakable encryption and could have major implications for the worlds leading technology companies, such as Alphabet Inc.s Google, Microsoft Corp., and International Business Machines Corp.

Don't miss: ProtonMail, Threema, Tresorit and Tutanota warn EU of risks of weakening encryption

But some other security experts said they arent nearly ready to declare a major breakthrough, at least not until the company publishes the full details of its research. If true, this would be a huge result, said Brent Waters, a computer science professor who specialises in cryptography at the University of Texas at Austin. It seems somewhat unlikely on the face of it. However, it is pretty hard for experts to weigh in on something without it being published.

IBM spokesman Christopher Sciacca said his company has known the risks for 20 years and is working on its own solutions to address the issue of post-quantum security. This is why the National Institute of Science & Technology (NIST) has been hosting a challenge to develop a new quantum safe crypto standard, he said in an email. IBM has several proposals for this new standard in the final round, which is expected in a few years.

Brian LaMacchia, distinguished engineer at Microsoft, said company cryptographers are collaborating with the global cryptographic community to prepare customers and data centers for a quantum future. Preparing for security in a post-quantum world is important not only to protect and secure data in the future but also to ensure that future quantum computers are not a threat to the long-term security of todays information.

Google didnt reply to a message seeking comment.

Terra Quantum AG has a team of about 80 quantum physicists, cryptographers and mathematicians, who are based in Switzerland, Russia, Finland and the US What currently is viewed as being post-quantum secure is not post-quantum secure, said Markus Pflitsch, chief executive officer and founder of Terra Quantum, in an interview. We can show and have proven that it isnt secure and is hackable.

Also read: Heres how an encrypted, locked Android and Apple phone gets bypassed

Pflitsch founded the company in 2019. Hes a former finance executive who began his career as a research scientist at CERN, the European Organization for Nuclear Research. Terra Quantums research is led by two chief technology officers Gordey Lesovik, head of the Laboratory of Quantum Information Technology at the Moscow Institute of Physics and Technology, and Valerii Vinokur, a Chicago-based physicist who in 2020 won the Fritz London Memorial Prize for his work in condensed matter and theoretical physics.

The company said that its research found vulnerabilities that affect symmetric encryption ciphers, including the Advanced Encryption Standard, or AES, which is widely used to secure data transmitted over the internet and to encrypt files. Using a method known as quantum annealing, the company said its research found that even the strongest versions of AES encryption may be decipherable by quantum computers that could be available in a few years from now.

Vinokur said in an interview that Terra Quantums team made the discovery after figuring out how to invert whats called a hash function, a mathematical algorithm that converts a message or portion of data into a numerical value. The research will show that what was once believed unbreakable doesnt exist anymore, Vinokur said, adding that the finding means a thousand other ways can be found soon.

Read more: Chinese scientists make world's first light-based quantum computer: Report

The company, which is backed by the Zurich-based venture capital firm Lakestar LP, has developed a new encryption protocol that it says cant be broken by quantum computers. Vinokur said the new protocol utilizes a method known as quantum key distribution.

Terra Quantum is currently pursuing a patent for the new protocol. But the company will make it available for free, according to Pflitsch. We will open up access to our protocol to make sure we have a safe and secure environment, said Pflitsch. We feel obliged to share it with the world and the quantum community.

The US government, like China, has made research in quantum computing research an economic and national security priority, saying that the world is on the cusp of what it calls a new quantum revolution. In addition, technology companies including Google, Microsoft, and IBM have made large investments in quantum computing in recent years.

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A Swiss company claims it used quantum computers to find weakness in encryption - HT Tech

University of Exeter: University of Exeter partnership develops novel algorithms with the power to transform the use of quantum computers – India…

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With the development of quantum hardware, this new approach will provide a cheaper and quicker way of solving complex differential equations

University of Exeter partnership develops novel algorithms with the power to transform the use of quantum computersDr Oleksandr Kyriienko, lead of the University of Exeters Quantum Dynamics, Optics, and Simulation group (QuDOS) is working in close partnership with Dutch start-up Qu & Co to develop quantum software with the potential to transform the way we use the huge power of quantum computers in industry.

Working with the University of Exeter, Qu & Co have created a novel algorithm, which offers a way to solve complex nonlinear differential equations using quantum computers and devices.

Nonlinear differential equations are used in all branches of science, including chemistry, biology and epidemiology. The new algorithm has already been used in fluid dynamics, to accurately predict the airflow in a nozzle of a prototype rocket turbine. Qu & Co are now investigating further industrial applications.

Classical methods require a large and complex network of conventional computers. With the development of quantum hardware, this new approach will provide a cheaper and quicker way of solving complex differential equations. The approach has just been published and is now under peer review.

Dr Oleksandr Kyriienko explains: Quantum computing has rapidly progressed from a purely theoretical concept to a disrupting computational tool. We know it is capable of solving problems that a classical computer cannot. Yet, finding real-world applications that can benefit from near-term quantum computers remains an outstanding challenge. With the deep industrial knowledge of Qu & Co, we focus on and solve problems that prove the value of quantum computing.

Qu & Co have also sponsored major part of the PhD studies of Annie Paine under the supervision of Dr Oleksandr Kyriienko. Annie conducts pioneering research in the field of differential equations, and develops programmes for quantum chips.

Vincent E. Elfving, Chief Technology Officer at Qu & Co said: In partnership with the University of Exeter we develop cutting-edge algorithms for near-term quantum computers, and we expect rapid progress in this evolving field. The research conducted at University of Exeter has a significant impact on relevant applications and business development. We are happy to continue our fruitful collaboration in the future.

The partnership is managed by the Innovation, Impact and Business team at the University of Exeter, who match organisations with the academic expertise required to solve industrial challenges.

Sean Fielding, Director of Innovation, Impact and Business said: The University of Exeter is proud to support cutting edge quantum research which will make a real difference in the world. This partnership has the potential to create a step change in the way quantum computers can be used, and were delighted to see it already delivering such great results another fantastic example of academia and industry working together.

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University of Exeter: University of Exeter partnership develops novel algorithms with the power to transform the use of quantum computers - India...

Fujitsu and Entanglement Solve Problems Related to COVID-19 and Other Previously Unsolvable Problems through Quantum-Inspired Technology – PRNewswire

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SUNNYVALE, Calif., Feb. 10, 2021 /PRNewswire/ --Fujitsu partnered with Entanglement, Inc. to demonstrate and validate the capabilities of the Digital Annealer (DA), a quantum-inspired computing platform and related services, to address large scale logistical combinatorial optimization challenges related to the COVID-19 pandemic and other intractable challenges facing humankind.

From the beginning of the pandemic, provisioning Personal Protective Equipment (PPE) to high demand areas continues to pose an enormous logistical challenge. Through a Cooperative Research and Development Agreement (CRADA) with the Department of Defense, Fujitsu and Entanglement offered to deliver a theoretical nationwide optimization model to solve the challenge, optimizing the equitable resource allocation of the potentially available stock of PPE in the United States, while minimizing the mileage and time traveled to emerging hotspots.

A report prepared by the CRADA validated that this highly complex, combinatorial challenge is solvable in seconds using the DA solution, versus days or weeks for other traditional computing algorithms. In fact, one metric in the report the efficiency of overall supply and demand allocation showed the DA outperformed a comparative Evolutionary Algorithm by 90 percent. Using real-time data from an array of public and private sources, Digital Annealer efficiency increases exponentially with the addition of diverse variables and larger datasets.

"Traditional logistics tools are simply too slow and incapable of managing the complexities of these huge combinatorial problems," said Jason Turner, CEO of Entanglement, Inc. "Fujitsu's Digital Annealing technology and related services, in combination with our advanced computational and quantum computing expertise, not only solve these problems quickly, but do so in a way that is scalable, effective, iterative, equitable, and transparent. The best part? The more complex the problem, the more it shines, producing evermore accurate and efficient results the more its stressed."

Fujitsu and Entanglement formed their partnership in May of 2020 based on their common core values, which together aim to deliver advanced technology ecosystems that assist in solving large-scale, human-centric problems for end users. Fujitsu intellectual property and DA technology, combined with Entanglement's intellectual property, domain experience and commitment to demonstrate and accelerate quantum information science and artificial intelligence, created an optimum environment for the two companies to spotlight computing capabilities beyond the reach of traditional computing systems in the market today, and make a significant impact.

"While our initial collaborations centered on commercial prospects leveraging the emerging mobility ecosystem, the COVID-19 pandemic made it abundantly clear we needed to redeploy our conceptual thinking and quickly offer new models that accelerated our response to the virus," said Paul Warburton, Global Head of Mobility DX business at Fujitsu. "Both companies felt and embraced a deep responsibility to use our capabilities for good, and there is no area of greater need today than fighting this pandemic."

The DA solution, related consultancy and professional services, together with the advanced research, experienced team and purpose-built laboratory capabilities from Entanglement, make the particular use case for PPE optimization highly transferrable to a number of different applications in a variety of public and private sector endeavors. Agile and adaptive, the quantum-inspired model is designed to tackle a variety of linear parallel processes including predictive modeling for financial markets and portfolio optimization; supply chain logistics; transport and mobility; drug discovery; diagnosing, preventing and treating disease; predicting and preventing cyber threats; and modeling simulations, to name a few. The DA also adapts to fast-moving environments and integrates with existing systems, making it non-disruptive to ongoing and transforming operations.

Online Resources- More on the Fujitsu Digital Annealer: https://www.fujitsu.com/global/services/business-services/digital-annealer/- Read the Fujitsu blog: http://blog.ts.fujitsu.com- Follow Fujitsu on Twitter: http://www.twitter.com/FujitsuAmerica- Follow us on LinkedIn: http://www.linkedin.com/company/fujitsu-america- Find Fujitsu on Facebook: http://www.facebook.com/Fujitsu- Fujitsu pictures and media server: http://mediaportal.ts.fujitsu.com/pages/portal.php- For regular news updates, bookmark the Fujitsu newsroom: http://www.fujitsu.com/us/about/resources/news/

About FujitsuFujitsu is the leading Japanese information and communication technology (ICT) company offering a full range of technology products, solutions and services. Approximately 130,000 Fujitsu people support customers in more than 100 countries. We use our experience and the power of ICT to shape the future of society with our customers. Fujitsu Limited (TSE:6702) reported consolidated revenues of 3.9 trillion yen (US$35 billion) for the fiscal year ended March 31, 2020. For more information, please see http://www.fujitsu.com.

About Fujitsu AmericasFujitsu America, Inc. is the parent and/or management company of a group of Fujitsu-owned companies operating in North, Central and South America and Caribbean, dedicated to delivering a comprehensive range of digital transformation solutions and services to clients in the Western Hemisphere. These companies are collectively referred to as Fujitsu Americas. Fujitsu enables clients to meet their business objectives through integrated offerings and solutions, including consulting and professional services, systems integration, managed services, outsourcing and cloud services for infrastructure, platforms and applications; AI and data analytics; and quantum-inspired computing solutions. For more information, please visit: http://fujitsu.com/us and http://twitter.com/fujitsuamerica.

About Entanglement, Inc.Entanglement is an early-stage deep technology company dedicated, inter alia, to providing unprecedented commercial access to diverse and advanced computing systems (including quantum computing, high-performance / super- computing and purpose-built computing systems) to a broad range of customers. Focused to accelerate the development of quantum information science (QIS) and artificial intelligence (AI) without enormous up-front capital investment, Entanglement has designed an environment for rapid experimentation and breakthroughs. Through the democratization of these integrated computing capabilities and the experience of its team, the company lowers the barriers to entry for solving seemingly unsolvable real-world problems today. It provides a bridge from classical to quantum computation. Entanglement, together with its partners and customers, push "Beyond Binary." For more information, please visit: https://www.entanglement.ai

All other company or product names mentioned herein are trademarks or registered trademarks of their respective owners. Information provided in this press release is accurate at time of publication and is subject to change without advance notice.

SOURCE Fujitsu America, Inc.

http://www.fujitsu.com

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Fujitsu and Entanglement Solve Problems Related to COVID-19 and Other Previously Unsolvable Problems through Quantum-Inspired Technology - PRNewswire

John McAfee Net Worth 2021 | Wife (Janice Dyson …

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John McAfee is an English-American businessman and computer programmer who is best known as the founder of McAfee Associates.

In 2016, McAfee launched an unsuccessful bid for the Libertarian Partys presidential nomination during the election.

He was born on September 18, 1945, in Cinderford, England, UK, as John David McAfee.

His parents moved to Roanoke, Virginia, when he was young.

John described his father as ~an alcoholic and abusive. His father committed suicide when McAfee was 15 years old.

From 1968 to 1970, he was employed as a programmer by NASAs Institute for Space Studies in NYC.

In the early 1980s, McAfee worked on a classified voice-recognition program for Lockheed.

In 1986, the first computer virus hit PCs. About one year later, he founded McAfee Associates, a computer anti-virus company. The company created the first commercial antivirus software.

McAfee says he wrote the antivirus program in a day and a half.John also said that eight months after I started, there was $10m in the bank.

In the mid-1990s, he sold his shares in the software company and reportedly made $100 million.

Later, McAfee founded Tribal Voice, a company that developed the instant messaging program, called PowWow.

In 2001, he published the book Into the Heart of Truth: The Spirit of Relational Yoga. In the book, McAfee provides practices to help the reader develop in-depth self-awareness and alsowrites about the history of yoga.

In 2009, John started a company that he said would manufacture plants from the Belize jungle into antibiotics.

In 2012, he was considered a person of interest when his neighbor Gregory Faull was shot to death. Raphael Martinez, a police spokesperson, told FT: He is still just a person of interests the investigation. Later, McAfee left Belize for Guatemala, where he was arrested on charges of entering the country illegally. John was about to be deported back to Belize when he faked a heart attack.

On December 12, 2012, he was released from detention in Guatemala and deported to the US. Faulls death still remains unsolved.

In 2013, John started a company called Future Tense Central to produce a secure computer network.

In September 2015, McAfee decided to start a new political party called The Cyber Party. In December 2015, he announcedthat he would instead seek the presidential nomination of the Libertarian Party.He lost to former New Mexico Governor Gary Johnson.

In May 2016, John was appointed as the CEO of the technology holding company, MGT Capital Investments (he left the company in early 2018). Also in 2016, he was the subject of filmmaker Nanette Bursteins Showtime documentary, Gringo. McAfee described the documentary as fiction.

On August 13, 2018, he took the position of CEO with the cryptocurrency company, Luxcore.

In March 2019, McAfee ordered to pay $25 million over Gregory Faulls murder. Later that year, he was arrested by the Dominican Republic Armed Forces while docking his yacht in Puerto Plata. He left detention after four days of confinement.

In December 2019, he announced his intentions to run for president in the US 2020 elections. John tweeted: The McAfee 2020 US Presidential Campaign has now formally begun.

In July 2020, McAfee tweeted that Intel corporation is suing him due to the use of the name GhostbyMcAfee.

On October 6, 2020, he was arrested in Spain over tax evasion charges.

John McAfee married Janice Dyson in 2013. She is more than 30 years younger than him. He reportedly met his wife in Miami on his first day back on US soil.

Janice said in an interview about their first meeting: It was, I dont know how to say it, magical cause he saw the hurt that was there.

The couple lives in a gun-filled mansion in Tennessee. His personal bodyguard John Pool is always at their side.

He was previously married to Judy McAfee.

READ MORE: Who is Troy Blakelys wife?

If you read just one book of Jiddu Krishnamurti, you will be a different human being.

If the majority holds some thing of value, you can be certain it has none.

Im a mad man to some people because I dont follow the normal rules.

A good example is more irritating than a bad one.

One never knows what the future holds.

You must believe theres nothing that happens electronically that I cant find out about.

In 2013, he uploaded a video titled How To Uninstall McAfee Antivirus.

READ MORE: Seamus Blackley Net Worth

McAfee earned most of his wealth from founding the company McAfee Associates. By the end of the 1980s, McAfee Associates was making $5 million a year. It was acquired by Intel in 2010 for $7.68 billion. John sold his shares in McAfee Associates for $100 million.

He also founded Tribal Voice, which developed the instant messaging program Pow Wow.

McAfee has also been involved in leadership positions in other companies, including Luxcore, MGT Capital Investments, and Everykey. In addition, John founded Future Tense Central and QuorumEx.

His investments suffered in the global crisis of 2007. The New York Times reported that his personal fortune had declined to $4 million in August 2009. However, John later said he had lied about the loss of his fortune.

In 2019, McAfee said that he is charging $105,000 for tweets promoting ICOs. Therefore, computer programmer John McAfee has an estimated net worth of $10 million.

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John McAfee Net Worth 2021 | Wife (Janice Dyson ...

Janice Dyson McAfee John McAfee’s Wife …

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Check out Janice Dyson McAfee aka Janice McAfee; she is the wife of John McAfee, the computer programmer, businessman, nd 2016 Libertarian Party presidential candidate. H i th developer f th firt commercial anti-virus program. Thi bore th McAfee brand-name fr years until it w bought b Intel nd givn th Intel name. Hi wealth peaked t $100 million, bfr hi investments suffered in th global crisis f 2007.

McAfee l h interests in smartphone apps, yoga, nd all-natural antibiotics. H resided fr a number f years in Belize; but ftr vrl disputes with th authorities in Belize nd Guatemala; h returned t th United States in 2013.

Janice Dyson McAfees hubby started a nw company in 2013, Future Tense Central; t produce a secure computer network device called th D-Central. In February 2014; McAfee announced Cognizant, n application fr smartphones, whih displays information but th permissions f thr installed applications. On April 3, 2014, John McAfee rebranded Cognizant DCentral 1, nd released n Android version fr free n Google Play.

At th DEF CON conference in L Vegas, Nevada in August 2014, h warned Americans nt t u smartphones, suggesting apps r ud t spy n clueless consumers wh d nt rd privacy user agreements.

A f January 2016, McAfee i running n incubator called Future Tense Central nd h i l th chief evangelist fr security startup Everykey.On February 2016, McAfee received mdi attention b publicly volunteering t decrypt th iPhone ud b th San Bernardino shooters, avoiding th nd fr Apple t build a backdoor.

On September 8, 2015, McAfee announced tht h wuld seek th office f President f th United States in th 2016 presidential election; th candidate f a newly formed political party called th Cyber Party. On December 24, 2015, h re-announced hi candidacy bid, ing tht h wuld intd seek th presidential nomination f th Libertarian Party. The world anticipated meeting the possible first lady, Janice Dyson McAfee.

John McAfee created hi empire with th computer antivirus nd varies scanner tht carried hi name McAfee, ftr 2009 he had a net worth estimated at $100 million, later decreased t $4 M nd he turned his back to computers and moved to Belize.

It w in Belize, the craziest stories but John McAfee took place, frm gtting hi house raid b Belizes Gang Suppression Unit whil hi 17-year-old girlfriend frm Belize w there, th GSU accused him f unlicensed drug manufacturing nd possession f n unlicensed weapon, and becoming a person of interest in relation to the murder of his neighbor,American expatriate Gregory Viant Faull, whowas found dead of a gunshot wound on November 11, 2012, at his home on the island of Ambergris Caye, Belize.

Furthermore, John McAfee h bn married thr times, hi firt wife i w n f hi students h started dating whil h studied math in college nd graduate school, whn thir relationship w revealed, h w forced t leave. Not ur wht w hr nm nr whn th divorced, we do know she left him in the early 1980s.

But thn h mt hi nd wife Judy, wh helped him build hi company, Judith R. McAfee w born n January 3, 1954; m f Judy McAfees previous addresses wr in Bremerton, WA., Woodland Park, CO., nd Watsonville, CA.

Whil h w still with hr husband th resided with thir ix cats in Santa Clara, C.A.; w knw tht h w a yoga enthusiast, and frmr flight attendant t American airlines; she helped hr husbands business in hr free time. Th split u nd th divorced in 2002.

Moreover, in lt 90s h w dating 46-year-old Jennifer Irwin; th lt pictures f thm tgthr wr tkn btwn 2009 nd 2010. Th dated fr 14 years.

Rumors but a ibl romantic relationship btwn McAfee nd Allison Adonizio th stunning young Harvard biologist wh moved t Belize t work with him in hi lab, however, bth denied th allegations.

Whil in Belize John McAfee dated vrl local women, m wr vr young nd spoke freely but thir relationship with th famous British mogul, two of these girls are Amy Emshwiller and then 20 something-year-old Samantha Vanegas who flew with him from Belize to Guatemala; they eventually split up after he was deported back to the US and Samantha stayed behind.

Nowadays, McAfee i a married man; hi wife #3 is Janice Dyson McAfee, a 35-year-old frmr ****** nd dancer h mt in Miami, th night h w deported frm Guatemala. They got married in 2013 and live together in Lexington, Tennessee.

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John McAfee is Doing Great in Prison: It’s Like The Hilton

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For a lot of us, prison is a dark and scary place where no one wants to be But we are not John McAfee.

The software developer, tax evader, crypto-shiller, drugs user, whale-fucker, former US presidential candidate and crypto-shiller sent a statement to his followers sharing his experience in the Spanish prison after his arrest.

And things arent so bad In fact, according to his own words, at 75 years old, John McAfee is having a fascinating time there:

Hello from prison my friends. I am having a fascinating time. Spanish prison is not that bad. We can wear whatever clothes we want. We can smoke and socialize. Its like the Hilton without turn down service.

John McAfee continued to explain in his message how he has adapted to life inside the prison, and how he is making new friends:

My cell mate is an ambassadors drug dealer, I wish I would have known him before. The prison yard is full of murderers but mostly nice people. I spend most of my time with my back to the wall. I miss and love you all. I will update you more when I am able.

This isnt the first time John McAfee has been in jail, and of course its not his first encounter with the law. On July 24, 2019, authorities in the Dominican Republic apprehended him and part of his team after they found several large-caliber weapons without proper documentation.

However, not only did he come out unharmed, but he also claimed that he was treated very well, and published several smiling photos with some security officials.

John McAfee was arrested in Spain after years of investigation on charges ranging from tax evasion to fradulent promotion of ICOs. If he were extradited and prosecuted in the United States, he would face not only financial penalties but also a significant amount of time in a U.S. prison And those are not like the Hilton.

During 2017, John McAfee used to promote altcoins on a daily basis. Tron (TRX), Verge (XVG), Reddcoin and other projects passed through his hands as he talked about them and how he believed such initiatives could revolutionize the world. He kept doing that even after the ICO hype was over.

However, it was later discovered that McAfee received payments for these promotions, and was not transparent when separating advice from opinions and paid promotions. This may have been a fraudulent way of attracting investors and is punishable under US law.

Thats one of the reasons he is at the Hilton today.

McAfees statement was shared by the official account of his wife, Janice. She confirmed the news of his arrest on October 6. She assured that McAfee was well and thanked the entire crypto community for their support.

Janice McAfee added that his husband has always sticked true to his beliefs: Regardless of whatever John may may not have done, he has spent most of his retirement fighting not only for his freedom but for everyones freedom, she said.

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John McAfee is Doing Great in Prison: It's Like The Hilton

John McAfee, antivirus software pioneer, arrested in Spain …

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The antivirus software entrepreneur John McAfee, who has been indicted for tax evasion in the US after allegedly failing to declare earnings running into millions of dollars, has been arrested by Spanish police while attempting to board a flight from Barcelona to Istanbul.

A June indictment charging McAfee with tax evasion and wilful failure to file tax returns was unsealed in federal court in Memphis, Tennessee, on Monday after McAfees arrest in Spain, where extradition is pending, the US attorneys office said.

McAfee, 75, has been charged with evading taxes after failing to report millions earned promoting cryptocurrencies, consulting work, speaking engagements and the sale of the rights to his life story for a documentary.

According to prosecutors, he hid assets from the Internal Revenue Service, including real estate property, a vehicle and a yacht, in the names of other people.

The securities and exchange commission has also brought civil charges against McAfee, alleging he made more than $23.1m (18m) in undisclosed compensation from false and misleading cryptocurrency recommendations.

A Spanish police source said McAfee had been arrested at Barcelonas El Prat airport on 3 October.

He was travelling to Istanbul and when his documents were run through the database, it emerged that he was the subject of a US warrant on fraud charges, said the source.

Judicial sources told Reuters McAfee had appeared before a high court judge via videolink after his arrest and had been remanded in custody in a Catalan jail pending the extradition process.

Following his detention, McAfees official Instagram account posted a Free McAfee message accompanied by a photo of him.

The US indictment alleges that McAfee failed to file tax returns from 2014 to 2018, despite receiving considerable income from several sources. The indictment does not allege that McAfee received any income or had any connection with the antivirus software company bearing his name during those years, prosecutors said.

If convicted of all charges, he could face up to 30 years in prison.

Since making a fortune with the antivirus software in the 1980s that still bears his name, McAfee has become a self-styled crypto-currency guru, and has 1 million followers on Twitter.

But in recent years, his personal life had drawn as much interest as his professional achievements. He became the subject of frenzied media scrutiny following the unsolved 2012 murder of a neighbour in Belize. McAfee said he knew nothing about the murder, but was worried he may have been the attackers intended target.

When the police found him living with a 17-year-old girl and discovered a large arsenal of weapons in his home in the Central American country, McAfee disappeared on a month-long flight that drew breathless media coverage.

The dead neighbours family later filed a wrongful death suit against McAfee and last year a court in Florida found against him, ordering him to pay the family more than $25m.

In 2015, McAfee was arrested in the US for driving under the influence and possession of a gun while under the influence.

He was released from detention in the Dominican Republic in July 2019 after he and five others were suspected of travelling on a yacht carrying high-calibre weapons, ammunition and military-style gear, officials in the Caribbean island said at the time.

Reuters and AFP contributed to this report

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John McAfee prison interview: I plan to never return to …

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Imprisoned software tycoon John McAfee has described his ongoing experience locked inside a Spanish prison as a fascinating adventure and says he plans to never return to the US.

Nearly two years after fleeing the US with his wife and a handful of bodyguards, Spanish police arrested McAfee last month at the request of the US Department of Justice. Prosecutors are currently seeking to extradite him to face tax fraud charges.

It is the latest in a string of controversies for McAfee, who has been arrested numerous times since founding the eponymous antivirus company more than 30 years ago. He has previously been suspected of unlicensed drug manufacturing, carrying illegal weapons, and in 2012 police in Belize named him a person of interest in connection to the murder of his neighbour though he was never charged and strongly denies any involvement.

Speaking exclusively to The Independent from the Brians 1 prison just outside Barcelona, where he has been incarcerated since early October, 75-year-old McAfee describes the latest stint as by far the most entertaining of all his stays behind bars.

I am constantly amused and sometimes moved. The graffiti alone could fill a thousand-page thriller, he says. A few of my fellow prisoners have confided in me small pieces of their lives.

One young man from Senegal confided that he is a guest here for stabbing random people. They were bad people, he explained. Another confessed to accidentally strangling his wife. He did not explain why it was an accident but you must admit accidents do happen.

All in all, its fascinating to watch and an adventure to experience.

Prisoners and guards recognised him when he first went in, with some even asking him for his autograph. He is distinguished not only by his infamy and foreignness, but also by his tendency to wear a suit and tie.

One nice aspect of Spanish prisons is that prison uniforms are not required. You may dress according to your means and desires, he says. I was issued an orange jumpsuit on arrival, as all are, and occasionally wear it when the mood strikes me. At other times I wear everything from a suit and tie to lounge wear.

McAfee pictured at an undisclosed location in Europe earlier this year

(Janice McAfee)

McAfees main point of contact with the outside world is his wife Janice, who remains in Spain but has so far been unable to visit him in person. Instead, she keeps in touch through eight-minute phone calls, providing updates about ongoing legal matters and other news.

She has started the #FreeJohnMcAfee and #FreeMcAfee campaigns on social media in an effort to raise awareness about his situation, while also offering support behind the scenes.

Right now we are playing this situation close to our chests and I dont want to reveal any details on how we are working to secure Johns release, she tells The Independent. This is an obvious political scheme on the part of the US government and we are working on strategies to reveal this obvious scam.

The controversial libertarian has claimed in recent years that he has been pursued by various branches of federal law enforcement agencies, including the CIA and FBI. The latest arrest relates to the Inland Revenue Service.

Prosecutors in Tennessee, where McAfee lived before leaving the US, claim McAfee hid property, a yacht and other assets from the IRS. When McAfee fled the country in January 2019 with his wife and bodyguards, he took the yacht to the Carribean but soon faced further troubles with local police. After hopping from the Bahamas to Cuba, his entourage was detained in the Dominican Republic for carrying high-calibre weapons, ammunition and military-style gear without declaring them.

McAfee says they were arrested before they even had a chance to declare them, and were threatened with deportation to the US. A couple of decent lawyers prevented that, at which point they asked us where we wanted to go. I said England, thats where they sent us, he says.

The Centre Penitenciari Brians 1 in Catalonia where McAfee is incarcerated

(Europris)

A June indictment, unsealed last month, accused McAfee of tax evasion and wilful failure to file tax returns between 2014 and 2018. McAfee freely admits this, saying he has not in fact paid taxes for 10 years and informed the IRS of his refusal to file returns in principle. The agencys decision to pursue his case only came after he announced his intention to run for president under the Libertarian banner, he claims.

McAfee came close to winning the Libertarian Party candidacy in 2016, losing out to Gary Johnson, and planned to run again in 2020. Instead, he was forced to follow this years US elections from prison, drip fed morsels through phone calls with his wife.

His refusal to pay tax aligns with the Libertarian Partys policy on the issue, which states, forcing people to pay taxes is inherently wrong. The Libertarian Party did not respond to a request for comment from The Independent about whether it was assisting McAfee in any way with his legal situation.

If convicted in the US of all charges, McAfee faces up to 30 years in prison. However, he claims there is zero chance that Spain will extradite him. The courts will see the clear resentment of the American government toward my public condemnation," he says, adding that the possibility of him ever returning to the US is extremely unlikely.

Court dates remain pending.

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UAE Tech Podcast: Mathew Yarger on Cybersecurity, Decentralization and the ‘Machine Economy’ – Al-Bawaba

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Popularized in sci-fi movies like the Terminator, the Matrix and others is the concept of a machine-age, or what Matthew Yarger and others refer to as the machine economy. Weve seen this debate in regard to ethical AI, or "fairness in algorithms, but a new frontier is appearing in regard to centralization, walled gardens and networks with a single point of failure.

In a centralized system, there are fears automation could allow Skynet scenario - machines making decisions so complex, that meaningful human control is no longer necessary or perhaps even possible.

In a DLT, or decentralized ledger system, information is no longer owned by a single platform. A malicious AI, non-state actor or cyber-criminal has no central location to hack - at least in theory, the attack surface is reduced from billions, right down to 1.

Automation & DLT technologies are changing philosophy and ideation in the cyber-security sector. But are decentralized systems really the future? Will these systems be permissioned or permissionless? And can Decentralized Ledger Technology allow automated systems to scale into our economies and personal work lives, without compromising our safety, privacy and security?

Today were talking with Mathew Yarger, Head of Mobility and Automotive at the IOTA Foundation, on the machine economy, and cybersecurity.

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Cryptocurrency $1 Trillion Dollar Market Cap Prediction Comes True as Thomas Carter Shares Insights on Digital Assets for 2021: Imperium Group…

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DALLAS, TX / ACCESSWIRE / February 9, 2021 / Fueled by unprecedented institutional investment activity, the cryptocurrency market recently breached $1 trillion in market capitalization.

If you're familiar with the Who's Who in the cryptocurrency space, you've likely heard of John McAfee's gonzo wager where he promised to ingest his, ahem... "membrum virile," if Bitcoin didn't reach a price of $1 million by December 31, 2020 -- also referred to as, "The Great Dickening."

As far as we know, neither of those propositions came to fruition, however, a less salacious prediction was made by digital asset visionary Thomas Carter in February of 2020. At the time of the prediction, the price of Bitcoin was roughly of today's price.

The market cap prediction is one of many astute forecasts in the fintech & crypto space made by Carter over the past several years, solidifying his position in the market as a digital assets innovator and thought leader.

Carter was ahead of the curve with his flagship venture, DealBox's pioneering digital securities platform, in 2018. Since that time, DealBox has become the leading regulatory compliant tokenized securities issuance and investment platform on the market.

DealBox provides a feature-rich and robust platform using the Tezos blockchain technology. The groundbreaking platform gives issuers and investors a savvy approach to being first-in-line to invest and raise capital via smart securities issuance technologies.

As with traditional securities, these tokenized assets fall under the regulatory auspices of the SEC and CFTC and are rigorously vetted. Unlike traditional securities, however, they are much more efficient, affordable, secure, and easier to regulate due to the novel features of blockchain technology.

Parlaying off the success of DealBox, Carter's Fintech innovation team recently kicked off a better usability initiative with its "Make Crypto Easy" campaign.

Leading this campaign is flagship project, and DealBox issuer, Total Network Service Corp (TNS), is making the sending and receiving of cryptocurrency easier with its product Digital Names by allowing its users to create a simple, human-readable name to replace the long, alpha-numerical addresses used in digital wallets.

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Digital Names for cryptocurrency and digital wallets do what domain names did for the internet back in the 90s. Rather than remember a numerical IP address for a website, you can simply type in http://www.google.com and arrive at the desired destination.

The projected growth of this nascent industry is potentially larger than the Domain Name Service Industry, which currently grosses about $6 billion a year.

GoDaddy, one of the major DNS providers, has a market cap today of around $12 billion. This new industry and market opportunity will mint the next round of companies like this, of which Total Network Service is in position to take advantage of.

Most recently, TNS, under Carter's leadership, has been working closely with a consortium of telco and manufacturing companies on a stealth project aimed at delivering an interoperable solution that would bring an entirely new spectrum of networked communication between the traditional internet, blockchains, and IoT (Internet of Things) enabled devices.

Thomas Carter had this to say on the current state of the crypto market --

" The significance of the crypto space breaching $1 Trillion in market cap isn't so much the number as that certainly will fluctuate over time. I think the takeaway for investors and entrepreneurs is in realizing that the market cap milestone was fueled by institutional investment activity, which seems to validate the intrinsic value and utility of blockchain technology I've been evangelizing for the past several years.

Blockchain is truly novel. There are things you can do with blockchain that you just can't do with any other technology. The things you can do only with blockchain technology have one thing in common, and that is the empowerment of the individual and democratization of transactional activities, whether that be in logistics, finance, communications, etc.

My career focus has been on empowerment and providing value in the fintech space. The advent of blockchain tech has increased that capability 1000x and represents a generational disruption across all the industries that can benefit from distributed ledger technology. I'm excited to be among those leading the charge. "

Thomas Carter, founder and Chairman of DealBox, Inc; read about Thomas: "This FinTech Veteran Is Making Cryptocurrency Startup Funding Legitimate"; connect on LinkedIn and Instagram.

The post-Fintech Mogul Thomas Carter Predicts Trillion Dollar Cryptocurrency Market Cap in 2020 appeared first on Yahoo News.

About DealBox

Deal Box, Inc.'s mission is to "Democratize Wealth for All" as the World's First Democratized Venture Capital Firm. Deal Box, Inc. is The new standard for venture investment and funding. We are a specialty capital markets consulting firm focusing on traditional and digital securities industries utilizing blockchain-based technologies, enhancing capital formation for entrepreneurs, and early ventures to growth-stage companies.

CONTACT:Imperium Group

imperiumgrouppr.com

getstarted@imperium-pr.com

SOURCE: DealBox

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Cryptocurrency $1 Trillion Dollar Market Cap Prediction Comes True as Thomas Carter Shares Insights on Digital Assets for 2021: Imperium Group...