Walmart’s Former Chief Scientist, Dr. Donald High, Joins Focal Systems’ Leadership Team to Drive the Automation of Brick and Mortar Retail – Business…

SAN FRANCISCO--(BUSINESS WIRE)--Focal Systems Inc., the industry leader in retail automation solutions announced today that Dr. Donald High has joined the company as a technology strategist.

Focal Systems is experiencing rapid growth with their shelf camera based automated inventory solution that helps retailers cut costs while improving their on-shelf availability.

High is an experienced retail technology leader who previously served as the Chief Scientist at Walmart and the Chief Innovation Officer at Ashley Furniture. High holds over 150 technology patents and has played a key role in evaluating innovative technology that solves multi billion dollar problems for brick and mortar retail stores.

Ive spent the past 15 years in the retail industry evaluating technology solutions to solve the out of stock problem, said Dr. Donald High. Focals shelf camera based approach has clearly established itself as the most cost effective and accurate way to produce real time shelf data. With this practical, cutting edge technology in place, retailers unlock significant opportunities to reduce operational costs and increase sales through higher on-shelf availability.

Don brings a wealth of experience and an analytical approach that will help us continue to innovate to best serve our retail customers, said Francois Chaubard, CEO, Focal Systems. We are thrilled to have him join the team and contribute to our product roadmap and overall company strategy.

As society adjusts to a new normal, retailers are forced to reinvent how they operate and are seeking technology partners that enable them to deliver on their customer needs. Focal Systems and their operating system of retail portfolio are poised to usher in the next generation of retail.

About Focal Systems

Focal Systems platform helps retailers cut shelf scanning cost in half by switching from manual to automated shelf scans.

The solution is based on low cost, discrete shelf cameras, a sophisticated computer vision model and a cloud-based machine learning platform that is tuned for complex retail environments.

By providing automated, real-time insight into on-shelf product availability, retailers can repurpose store personnel to focus on customer experience and other higher value tasks.

In addition, the real time data captured by the shelf cameras feeds into Focal Systems AI engine which can help automate and optimize product availability and merchandising decisions.

These optimizations have proven to save up to 50% on manual shelf scanning cost and significantly improve in-store customer experience via higher product availability which generates a 3-5% increase in sales compared to baseline stores.

Focal Systems platform is deployable at scale and will provide impactful results from day one. It also integrates with existing retail systems and applications to enable additional cost savings and insights from its real-time product availability and analysis.

Focal Systems shelf cams are deployed at scale with proven results at several major global retailers and process more than 10M shelf scan images every day.

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Walmart's Former Chief Scientist, Dr. Donald High, Joins Focal Systems' Leadership Team to Drive the Automation of Brick and Mortar Retail - Business...

Mining Weekly Nexa Resources appoints ABB for automation systems – Creamer Media’s Mining Weekly

Electronics, automation and robotics company ABB is partnering with zinc, copper and lead miner Nexa Resources in a digital transformation programme to modernise existing mining and smelting process installations in Brazil and Peru.

Aligned with Nexas directive automation and information master plan, ABB will install ABB Ability System 800xA as part of a five-year agreement. It is a powerful distributed control system automation platform.

This technology is the basis for the digital transformation and will serve as a common operations platform to support all technology upgrades as the plants evolve into digital mines of the future.

ABB automation and digital for mining, aluminium and cement global product line manager Marcos Hillal says one of the main immediate gains will be employee safety, as the modern automation platform allows remote monitoring and control.

The platform also increases productivity by applying modern control techniques and creating value for the company and local community.

As part of the journey, he says, ABB is providing Nexa with a thorough training and communications plan to support it through the transition.

In addition to automating existing sites, ABB will be responsible for the delivery of automation platforms at the Aripuan site the new Nexa expansion investment in Brazil.

The Aripuan project comprises the polymetallic extraction of zinc, lead and copper, and is located near the city of Aripuan, in the state of Mato Grosso, Brazil.

The plant is a greenfield site in which Nexa is investing in operations infrastructure, engaging ABB from the start.There, ABB will deliver automation solutions that result in high levels of productivity, safety and cost savings.

The scope includes a comprehensive automation platform, based on ABB Ability System 800xA, and equipped with ABB Ability MineOptimize solutions such as the Minerals Process Control Library, Power Control Library and camera connection.

According to ABB, together, these solutions will make Aripuan one of the most modern operations in Brazil.

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Mining Weekly Nexa Resources appoints ABB for automation systems - Creamer Media's Mining Weekly

Hollysys Automation Technologies to Announce Fiscal Year 2020 and the Forth Quarter Financial Results and Host Earnings Conference Call on August 13,…

BEIJING, July 28, 2020 /PRNewswire/ -- Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) ("Hollysys" or the "Company"), a leading provider of automation and control technologies and applications inChina, today announced that it will report its financial results for fiscal year 2020 and the forth quarter on August 13, 2020 U.S. Eastern Time.

The Company will host a conference call at9:00 pmAugust 13, 2020 U.S. Eastern Time / 9:00 am August 14, 2020 Beijing Time, to discuss the financial resultsfor fiscal year 2020 and the forth quarter ended June 30, 2020 and business outlook.

Joining the Conference Call:

Note: Due to regional restrictions some participants may receive operator assistance when joining this conference call and will not be automatically connected.

Helpful keypad commands:*0 - Operator assistance*6 - Self mute/unmute

Direct Event online registration: http://apac.directeventreg.com/registration/event/6396983. Please use Conference ID 6396983for entry if the link fails to lead directly to the registration page.

In addition, a recording of the conference call will be accessible within 48 hours via Hollysys' website at: http://hollysys.investorroom.com

About Hollysys Automation Technologies Ltd. (NASDAQ: HOLI)

Hollysys is a leading automation control system solutions provider inChina, with overseas operations in eight other countries and regions throughoutAsia. Leveraging its proprietary technology and deep industry know-how, Hollysys empowers its customers with enhanced operational safety, reliability, efficiency, and intelligence which are critical to their businesses. Hollysys derives its revenues mainly from providing integrated solutions for industrial automation and rail transportation. In industrial automation, Hollysys delivers the full spectrum of automation hardware, software, and services spanning field devices, control systems, enterprise manufacturing management and cloud-based applications. In rail transportation, Hollysys provides advanced signaling control and SCADA (Supervisory Control and Data Acquisition) systems for high-speed rail and urban rail (including subways). Founded in 1993, with technical expertise and innovation, Hollysys has grown from a research team specializing in automation control in the power industry into a group providing integrated automation control system solutions for customers in diverse industry verticals.Hollysys had cumulatively carried out more than 25,000 projects for approximately 15,000 customers in various sectors including power, petrochemical, high-speed rail, and urban rail, in which Hollysys has established leading market positions.

SAFE HARBOUR:

This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact included herein are "forward-looking statements," including statements regarding: the ability of the Company to achieve its commercial objectives; the business strategy, plans and objectives of the Company and its subsidiaries; and any other statements of non-historical information. These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions, involve known and unknown risks and uncertainties. Such forward-looking statements, based upon the current beliefs and expectations of Hollysys' management, are subject to risks and uncertainties, which could cause actual results to differ from the forward looking statements. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

For further information, please contact:

Hollysys Automation Technologies Ltd.www.hollysys.com+8610-58981386[emailprotected]

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http://www.hollysys.com

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Hollysys Automation Technologies to Announce Fiscal Year 2020 and the Forth Quarter Financial Results and Host Earnings Conference Call on August 13,...

Etisalat Expands Relationship with Affirmed Networks to Drive Digital Operations & Automation – EnterpriseTalk

Etisalat, which provides innovative solutions and services in 16 countries across theMiddle East,AsiaandAfrica, announced today that it has further expanded its partnership with Affirmed Networks by selecting and deploying Affirmeds comprehensive orchestration and automation platform. This platform will accelerate the automation of Etisalats existing and upcoming digital services and infrastructure and pave the way for a smooth, quick rollout of 5G and Multi-access Edge Computing (MEC) services.

Known for its rich history of innovation, Etisalat first selected Affirmed Networks in 2016 to provide virtual packet core solutions, making Etisalat one of the first telco operators to deploy a fully virtualized mobile core. As the industry now prepares for widespread deployment of 5G and edge services, Etisalat is deploying Affirmeds automation capabilities to:

Affirmed Networks industry-leading orchestration and automation platform leverages CI/CD and DevOps models, enabling operators to adapt to new market requirements such as 5G at the speed of business. By offering a unique no code approach, operators can rapidly iterate service model creation and modification, expediting delivery of services tailored to unique customer requirements. Operators can reduce operational complexity and costs with integrated activation across all service domains.

Etisalat has also deployed the Affirmed Cloud Edge (ACE) solution in a successful proof of concept as part of their MEC implementation that is a stepping stone in Etisalats journey towards rollout of innovative new 5G services. The deployment of MEC architectures will be critical to leveraging 4G/5G and significantly reduce latency to deliver a new breed of revenue-generating services such as virtual reality gaming, autonomous driving, augmented reality, mission critical IoT and others.

Esmaeel AlHammadi, Senior Vice President, Network Development, Etisalat said: This strategic partnership with Affirmed Networks will focus on enhancing Etisalats next-generation networks with advanced automation, enabling rapid provisioning of new services. This is in line with our vision and strategy to Drive the digital future to empower societies by enabling digital innovation and transformation across our services and infrastructure. With Etisalat as one of the first operators to deploy a fully virtualised core, this collaboration will accelerate the deployment of virtual and cloud infrastructure including mobile edge computing and 5G.

Etisalat has long been an industry pioneer at the forefront of deploying innovative technologies and services capable of providing the best possible customer experience, saidSanjay Mewada, Chief Strategy and Marketing Officer, Affirmed Networks. Through their ongoing digital transformation, Etisalat has gained a first-hand understanding of how automation can simplify operations and drive network agility. This has served as the foundation of our ongoing partnership and has allowed us to make great strides around the delivery of new digital services that will be supported by next-gen architecture and infrastructure including MEC and 5G.

Etisalat is a multinational, blue-chip organization operating in 16 countries in theMiddle East,AfricaandAsia, with a history of innovation within the global telecommunication industry. Through its work with Affirmed, Etisalat is continuing this track record of innovation by demonstrating how a new generation of applications and services will be delivered to their subscribers over 4G and 5G.

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Etisalat Expands Relationship with Affirmed Networks to Drive Digital Operations & Automation - EnterpriseTalk

Global Process Industrial Control And Factory Automation Market Research Provides an In-Depth Analysis on the Future Growth Prospects and Industry…

This latest report studies Process Industrial Control And Factory Automation Market globally, particularly in North America, Europe(Germany, UK, France, Italy, Spain, Russia, Poland), China, Japan, Southeast Asia (Malaysia, Singapore, Philippines, Indonesia, Thailand, Vietnam) the Middle East and Africa(Saudi Arabia, United Arab Emirates, Turkey, Egypt, South Africa, Nigeria), India, South America(Brazil, Mexico, Colombia), with revenue, import, and export, production, consumption in these regions, from 2015 to 2019, and forecast 2020 to 2027. Global Process Industrial Control And Factory Automation market 2020 research report is replete with precise analysis from radical studies, specifically on queries that approach market size, trends, share, forecast, outlook, production, and futuristic developments trends and present and future market status.

Then, the report focuses on world major leading industry players with information like company profiles, product picture and specifications, Sales Revenue, Price, gross margin, market share, and contact info. In addition, the Process Industrial Control And Factory Automation industry development trends and marketing channels are analyzed.

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Analysis of Process Industrial Control And Factory Automation market Key manufacturers (Sales Revenue, Price, gross margin, main products, etc.):

Mitsubishi Electric CorporationSiemens AGOmron CorporationRockwell Automation, Inc.Emerson Electric CompanyNextnine Ltd.Yokogawa Electric CorporationABB Ltd.General Electric CompanySchneider Electric Se

Analysis of Process Industrial Control And Factory Automation Market By Product Types(Market Size & Forecast):

SCADAPLC, PAC & RTUDCSMES & MOMPLMHMISafety

Analysis of Process Industrial Control And Factory Automation Market By Applications(Market Size & Forecast):

Oil & GasChemicalPaper & PulpPharmaceuticalsMining & MetalsFood & BeveragesElectric Power GenerationPetrochemicals & FertilizersWater & Wastewater Management

In additional, the manufacturers dominant within the global Process Industrial Control And Factory Automation Market are highlighted inside the competitive landscape section of the report. The competitive state of affairs and trends current within the market have additionally been encapsulated underneath this section of the study. moreover, the mergers and acquisitions that passed off within the market in the past few years and their impact on the markets development has in addition been bestowed underneath this a part of the report.

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Furthermore, it describes the in-depth analysis of key Process Industrial Control And Factory Automation market segments and sub-segments, particularly includes evolving Process Industrial Control And Factory Automation industry trends and dynamics, challenges, and competitive insights, technological breakthroughs for Process Industrial Control And Factory Automation market development mapping with different opportunities. The report also analyzes the Process Industrial Control And Factory Automation industry potential for every geographical region consequently.

With the list of tables and figures, the report provides key statistics on the condition of the business and could be a valuable supply of steerage and direction for firms and people curious about the market.

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TOC of Process Industrial Control And Factory Automation Market Contains Following Points:

Table of Content & Table Of Figures

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Global Process Industrial Control And Factory Automation Market Research Provides an In-Depth Analysis on the Future Growth Prospects and Industry...

Medical Automation Technologies Market Is Expected To Grow At A Fast Pace During Forecast 2020 To 2025 | Report Including COVID-19 Impact Analysis…

The Medical Automation Technologies Market 2020 report includes the market strategy, market orientation, expert opinion and knowledgeable information. The Medical Automation Technologies Industry Report is an in-depth study analyzing the current state of the Medical Automation Technologies Market. It provides a brief overview of the market focusing on definitions, classifications, product specifications, manufacturing processes, cost structures, market segmentation, end-use applications and industry chain analysis. The study on Medical Automation Technologies Market provides analysis of market covering the industry trends, recent developments in the market and competitive landscape.

It takes into account the CAGR, value, volume, revenue, production, consumption, sales, manufacturing cost, prices, and other key factors related to the global Medical Automation Technologies market. All findings and data on the global Medical Automation Technologies market provided in the report are calculated, gathered, and verified using advanced and reliable primary and secondary research sources. The regional analysis offered in the report will help you to identify key opportunities of the global Medical Automation Technologies market available in different regions and countries.

Some of The Companies Competing in The Medical Automation Technologies Market are: Medtronic, GE Healthcare, Siemens Healthineers, Swisslog, Tecan Group, and Stryker

The final report will add the analysis of the Impact of Covid-19 in this report Medical Automation Technologies industry.

Get a Sample Copy of the [emailprotected] https://www.reportsandmarkets.com/sample-request/covid-19-impact-on-global-medical-automation-technologies-market-size-status-and-forecast-2020-2026?utm_source=marketresearchposts&utm_medium=36

The report scrutinizes different business approaches and frameworks that pave the way for success in businesses. The report used Porters five techniques for analyzing the Medical Automation Technologies Market; it also offers the examination of the global market. To make the report more potent and easy to understand, it consists of info graphics and diagrams. Furthermore, it has different policies and improvement plans which are presented in summary. It analyzes the technical barriers, other issues, and cost-effectiveness affecting the market.

Global Medical Automation Technologies Market Research Report 2020 carries in-depth case studies on the various countries which are involved in the Medical Automation Technologies market. The report is segmented according to usage wherever applicable and the report offers all this information for all major countries and associations. It offers an analysis of the technical barriers, other issues, and cost-effectiveness affecting the market. Important contents analyzed and discussed in the report include market size, operation situation, and current & future development trends of the market, market segments, business development, and consumption tendencies. Moreover, the report includes the list of major companies/competitors and their competition data that helps the user to determine their current position in the market and take corrective measures to maintain or increase their share holds.

What questions does the Medical Automation Technologies market report answer pertaining to the regional reach of the industry?

The report claims to split the regional scope of the Medical Automation Technologies market into North America, Europe, Asia-Pacific, South America & Middle East and Africa. Which among these regions has been touted to amass the largest market share over the anticipated duration

How do the sales figures look at present how does the sales scenario look for the future?

Considering the present scenario, how much revenue will each region attain by the end of the forecast period?

How much is the market share that each of these regions has accumulated presently

How much is the growth rate that each topography will depict over the predicted timeline

A short overview of the Medical Automation Technologies market scope:

Global market remuneration

Overall projected growth rate

Industry trends

Competitive scope

Product range

Application landscape

Supplier analysis

Marketing channel trends Now and later

Sales channel evaluation

Market Competition Trend

Market Concentration Rate

Reasons to Read this Report

This report provides pin-point analysis for changing competitive dynamics

It provides a forward looking perspective on different factors driving or restraining market growth

It provides a six-year forecast assessed on the basis of how the market is predicted to grow

It helps in understanding the key product segments and their future

It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors

It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments

TABLE OF CONTENT:

Chapter 1: Medical Automation Technologies Market Overview

Chapter 2: Global Economic Impact on Industry

Chapter 3: Medical Automation Technologies Market Competition by Manufacturers

Chapter 4: Global Production, Revenue (Value) by Region

Chapter 5: Global Supply (Production), Consumption, Export, Import by Regions

Chapter 6: Global Production, Revenue (Value), Price Trend by Type

Chapter 7: Global Market Analysis by Application

Chapter 8: Manufacturing Cost Analysis

Chapter 9: Industrial Chain, Sourcing Strategy and Downstream Buyers

Chapter 10: Marketing Strategy Analysis, Distributors/Traders

Chapter 11: Medical Automation Technologies Market Effect Factors Analysis

Chapter 12: Global Medical Automation Technologies Market Forecast to 2027

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Medical Automation Technologies Market Is Expected To Grow At A Fast Pace During Forecast 2020 To 2025 | Report Including COVID-19 Impact Analysis...

Mailchimp Unveils Automation Tool For Personalizing The Customer Journey 07/28/2020 – MediaPost Communications

Mailchimp has launched an automation tool that it says can help brands create personalized interactions at all stages of the customer journey without coding.

Thenew product,Customer Journeys, allows brands to visualize its automated features, while providing prebuilt templates and workflows that require little effort to configure, the companysays.

In addition, the tools branding and mapping features enable users to follow up on abandoned carts, site visits and email newsletters, it says.

Customer Journeys allows brand to map and build journeys, using a drag-and-drop functionality. Also provided arean intuitive UX, new in-app homepage(s) and pre-builtjourneys, MailChimp states.

This solution will be especially useful to SMBs, it adds.

The company notes that website publication on its platformdoubled in April after the COVID-19 pandemic hit.

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Mailchimp Unveils Automation Tool For Personalizing The Customer Journey 07/28/2020 - MediaPost Communications

Trump tells suburban voters they will ‘no longer be bothered’ by low-income housing – CNBC

US President Donald Trump speaks as he departs the White House in Washington, DC, on July 29, 2020 en route to Texas.

Jim Watson | AFP | Getty Images

WASHINGTON -- President Donald Trump on Wednesday made one of his most overt appeals so far in the campaign to White, suburban voters, saying in a tweet that they will no longer be "bothered" by low income housing in their suburbs.

The tweets come as polls show Trump's reelection effort is faltering in the suburbs, fueled by his administration's failed response to the coronavirus pandemic, the ensuing recession, and Trump's aggressive opposition to the Black Lives Matter movement, which polls show most suburban voters support.

Trump's tweet refers to the Affirmatively Furthering Fair Housing Rule, an Obama administration update to the 1968 civil rights legislation, the Fair Housing Act. The rule required local governments receiving federal funds for housing and development to account for biased practices and craft a plan to fix them.

Earlier this month, the Trump administration announced that it was replacing the fair housing rule with its own rule, one it dubbed "Preserving Community and Neighborhood Choice."

Housing and Urban Development Secretary Ben Carson said the Obama-era rule "proved to be complicated, costly, and ineffective."

"We found it to be unworkable and ultimately a waste of time for localities to comply with, too often resulting in funds being steered away from communities that need them most," Carson said in a press release at the time.

Yet studies have shown for decades that concentrating low-income families into small geographic areas one consequence of the urban housing projects built in the 1960s and 1970s only serves to exacerbate the difficulties that poor residents face.

More recent research has also shown that one of the most successful ways to help low-income families get good educations for their children and integrate into the middle class is by actively integrating low-income housing into middle- and upper-middle-class neighborhoods.

But for Trump, an incumbent president behind in the polls, fierce opposition to integrating low-income housing is about much more than just zoning policy.

Wednesday's tweets mark an escalation in Trump's ongoing effort to stoke fear in suburban voters that poor urban residents, who are overwhelmingly people of color, will move to their suburbs if low-income housing is permitted to be built in single-family home neighborhoods.

In an election year defined by a pandemic, a financial crisis, and a racial justice movement, Trump's appeal to White suburban voters are a key part of his campaign strategy.

Trump's line of attack has been condemned by Democrats and by some Republicans, who say it echoes racist appeals made to White voters during the Civil Rights era.

Not only is this strategy drawing condemnation from across the political spectrum, according to polls, it's also failing.

A recent Fox News poll showed Trump trailing presumptive Democratic nominee Joe Biden by 11 points nationwide among suburban voters. An ABC News/Washington Post poll released July 19 revealed a similar spread, with Trump down 9 points in the suburbs to Biden.

Despite these ominous numbers, Trump has so far rejected advice from campaign strategists who have urged him to expand his base of support by appealing to more moderate Republicans, especially women. Instead, Trump has doubled down on racist and divisive messages, aiming them directly at the very women that surveys show are not receptive to overtly racial appeals.

In the past month, the president has also defended Confederate monuments and the Confederate flag, and he has threatened to veto a Defense bill that would rename military bases currently named for Confederate soldiers.

CNBC's Kevin Breuninger contributed to this report.

This is a developing story. Please check back for updates.

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Trump tells suburban voters they will 'no longer be bothered' by low-income housing - CNBC

Pandemic overshadows Texas trip where Trump will fundraise and tout American oil – CNN

One of the passengers who was supposed to join the President, Republican Rep. Louie Gohmert, tested positive during a pre-flight screening at the White House.

And the state Trump is visiting has seen a surge in cases, forcing the Republican governor there to reimpose some restrictions in an attempt to contain the virus.

Trump had hoped to use his visit to West Texas to highlight his record in rolling back regulations, encouraging investment in energy infrastructure and promoting American energy production -- along with working to secure votes in a state he won decisively in 2016 but where polls now show a narrow contest with former Vice President Joe Biden.

But the realities of the pandemic remain ever-present even as Trump encourages states to reopen and undercuts the health experts in his administration.

When he descended from Air Force One, Trump wasn't wearing a mask, despite previously saying that Americans should wear them when socially distancing is impossible.

Most of the people he met on the tarmac were wearing masks, though his onetime physician and now-candidate for Congress, Dr. Ronny Jackson, was seen without one.

In Texas, Trump is due to make remarks at a Double Eagle Energy oil rig touting his administration's energy policies. The company is one of the largest crude oil and natural gas operations in the Permian Basin.

The Midland, Texas, oil rig will be the first that Trump has visited as president. The city is where former President George W. Bush was raised. His wife, former first lady Laura Bush, was born in Midland.

Earlier in the day, Trump is headlining a fundraising lunch in Odessa, where the most expensive tickets went for $100,000.

Like all events he attends, the participants who come into close proximity with Trump will likely be tested for coronavirus. Texas has seen a surge in cases, placing it near the top of states by number of confirmed cases.

To counter the slide, Trump's aides have recently attempted to recalibrate his approach, reviving daily White House briefings and persuading Trump to promote mask-wearing and social distancing.

But he continues to tout unproven theories and undercut some of the administration's health experts, including by promoting an anti-malarial that has not been shown to be effective against coronavirus.

One of the people who has backed Trump up in his efforts to promote hydroxychloroquine is Jackson, his former White House physician, who is currently running for Congress in Texas. During his campaign he has downplayed the necessity of wearing masks.

Jackson was on hand on Wednesday to meet Trump when he arrived in Texas.

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Pandemic overshadows Texas trip where Trump will fundraise and tout American oil - CNN

Trump campaign accused of masking $170 million in spending – CNBC

President Donald Trump's reelection campaign violated the law by masking millions in spending, a nonprofit democracy group alleged in a complaint filed with the Federal Election Commission on Tuesday.

The Campaign Legal Center said in the81-page filingthat the president's reelection campaign and campaign committee hid $170 million in spending to major vendors as well as family members and associates by diverting the money through firms headed by Brad Parscale, who was replaced as campaign manager earlier this month, as well as other senior campaign officials.

The nonprofit alleged that the campaign effectively laundered money in order to hide payments to contractors and advisors, including the maker of a campaign app, as well asLara Trump, the president's daughter-in-law, and Kimberly Guilfoyle, a former Fox News host who is dating the president's son Donald Trump Jr.

"This scheme flies in the face of transparency requirements mandated by federal law, and it leaves voters and donors in the dark about where the campaign's funds are actually going," said Trevor Potter, a former Republican FEC chair and the president of the Campaign Legal Center.

The complaint is unlikely to lead to any penalties. The FEC has just three confirmed commissioners, and it requires the vote of four in order to take action.Caroline Hunter, a Republican commissioner, resigned last month.

Trump campaign spokesman Tim Murtaugh said in a statement that "the campaign complies with all campaign finance laws and FEC regulations."

The complaint alleges that the Trump campaign and the Trump Make America Great Again Committee have shielded their spending primarily through a clearinghouse firm calledAmerican Made Media Holding Corporation, whose directors include campaign operations director Sean Dollman and campaign counsel Alex Cannon.

Further spending was obscured through payments to Parscale's consulting firmParscale Strategy, it claims.

Federal election law requires the disclosure of payments greater than $200, including to subcontractors if they are not sufficiently independent of the campaign. In the complaint, the Campaign Legal Center says the Trump campaign unlawfully evaded that requirement by "laundering the funds."

"These schemes have disguised millions in payments to companies engaged in significant work for the campaign, as well as payments to Trump family members or senior campaign staff like Lara Trump and Kimberly Guilfoyle," the complaint says.

"By failing to report payments to the campaign's true vendors and employees, the Trump campaign and Trump Make America Great Again Committee have violated, and continue to violate, federal law's transparency requirements and undermine the vital public information role that reporting is intended to serve," it adds.

The complaint alleges that the campaign has used American Made Media Holding Corporation to obscure payments made to the software developerPhunware for the creation of a campaign app.

Citing Phunware's filings with the Securities and Exchange Commission, the Campaign Legal Center said that American Made Media has paid Phunware about $4 million in 2019 and 2020, making it Phunware's "top client."

The complaint says that other companies the campaign has paid through American Made Media and failed to disclose to the FEC include Realtime Media, an agency run by Trump campaign digital directorGary Coby,Opn Sesame, a peer-to-peer text message company also run by Coby, andHarris Sikes Media, which placed the campaign's $5.6 million Super Bowl advertisement.

Murtaugh said that American ade Media "is a campaign vendor responsible for arranging and executing media buys and related services at fair market value."

"AMMC does not earn any commissions or fees. It builds efficiencies and saves the campaign money by providing these in-house services that otherwise would be done by outside vendors. The campaign reports all payments to AMMC as required by the FEC," Murtaugh said.

The complaint cited media reporting that Parscale Strategy has been paying the salaries of Guilfoyle and Lara Trump, the wife of Eric Trump, the president's son. According to the Campaign Legal Center, the campaign has paid Parscale Strategy more than $2 million in the 2020 cycle, including nearly $50,000 a month since the start of the year.

While the campaign has reported payments to Parscale's consulting firm, it has not "directly reported making any salary payments to campaign manager Brad Parscale, nor has it reported any salary payments to Kimberly Guilfoyle or Lara Trump," the complaint reads.

Parscale was replaced at the top of the campaign earlier this month byBill Stepien, who was formerly deputy campaign manager.

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Trump campaign accused of masking $170 million in spending - CNBC

Donald Trump and Joe Biden will square off in a Cleveland debate: The Wake Up podcast – cleveland.com

CLEVELAND, Ohio President Donald Trump and challenger Joe Biden will meet in Cleveland in September for their first debate in whats shaping up to be an especially spirited election.

You can listen online here.

Cleveland.com editor Chris Quinn says Case Western Reserve University and the Cleveland Clinic are teaming up to host the debate on Sept. 29 after the University of Notre Dame in Indiana bowed out because of concerns about the coronavirus pandemic. The debate will be at the Sheila and Eric Samson Pavilion, part of the Health Education Campus, but its unclear if an audience will be allowed to watch in person. Meanwhile, the Cleveland Clinic is ranked the No. 2 hospital overall in the U.S., and the FBIs investigation into corruption at the statehouse is taking a look at bills that predated the bailout of FirstEnergy.

Hear these stories and more in todays podcast.

The podcast is a summary of cleveland.coms morning newsletter The Wake Up. You can receive The Wake Up through email at 5:30 a.m. each weekday by subscribing here.

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Has Liberty Oilfield Services Inc.’s (NYSE:LBRT) Impressive Stock Performance Got Anything to Do With Its Fundamentals? – Yahoo Finance

Liberty Oilfield Services (NYSE:LBRT) has had a great run on the share market with its stock up by a significant 35% over the last three months. Given that stock prices are usually aligned with a company's financial performance in the long-term, we decided to study its financial indicators more closely to see if they had a hand to play in the recent price move. In this article, we decided to focus on Liberty Oilfield Services' ROE.

Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors money. Put another way, it reveals the company's success at turning shareholder investments into profits.

View our latest analysis for Liberty Oilfield Services

Return on equity can be calculated by using the formula:

Return on Equity = Net Profit (from continuing operations) Shareholders' Equity

So, based on the above formula, the ROE for Liberty Oilfield Services is:

5.6% = US$43m US$781m (Based on the trailing twelve months to March 2020).

The 'return' is the amount earned after tax over the last twelve months. So, this means that for every $1 of its shareholder's investments, the company generates a profit of $0.06.

So far, we've learned that ROE is a measure of a company's profitability. We now need to evaluate how much profit the company reinvests or "retains" for future growth which then gives us an idea about the growth potential of the company. Assuming everything else remains unchanged, the higher the ROE and profit retention, the higher the growth rate of a company compared to companies that don't necessarily bear these characteristics.

On the face of it, Liberty Oilfield Services' ROE is not much to talk about. A quick further study shows that the company's ROE doesn't compare favorably to the industry average of 7.2% either. In spite of this, Liberty Oilfield Services was able to grow its net income considerably, at a rate of 32% in the last five years. We reckon that there could be other factors at play here. For example, it is possible that the company's management has made some good strategic decisions, or that the company has a low payout ratio.

Next, on comparing Liberty Oilfield Services' net income growth with the industry, we found that the company's reported growth is similar to the industry average growth rate of 39% in the same period.

Story continues

Earnings growth is a huge factor in stock valuation. The investor should try to establish if the expected growth or decline in earnings, whichever the case may be, is priced in. This then helps them determine if the stock is placed for a bright or bleak future. Is LBRT fairly valued? This infographic on the company's intrinsic value has everything you need to know.

Liberty Oilfield Services has a really low three-year median payout ratio of 15%, meaning that it has the remaining 85% left over to reinvest into its business. So it seems like the management is reinvesting profits heavily to grow its business and this reflects in its earnings growth number.

In total, it does look like Liberty Oilfield Services has some positive aspects to its business. With a high rate of reinvestment, albeit at a low ROE, the company has managed to see a considerable growth in its earnings. That being so, the latest analyst forecasts show that the company will continue to see an expansion in its earnings. To know more about the latest analysts predictions for the company, check out this visualization of analyst forecasts for the company.

This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com.

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Has Liberty Oilfield Services Inc.'s (NYSE:LBRT) Impressive Stock Performance Got Anything to Do With Its Fundamentals? - Yahoo Finance

Bitcoin Cash Breaking This Confluence Resistance Could Spark a Strong Surge – newsBTC

Bitcoin cash price declined and retested the $220 support zone against the US Dollar. BCH is now consolidating and facing many hurdles near $226 and $230.

This past week, bitcoin cash price started a steady decline (similar to btc) below the $235 and $230 support levels. BCH even traded below the $225 support level and settled well below the 100 simple moving average (4-hours).

It tested the $220 support and formed a low at $217. It is currently consolidating losses and correcting above the $220 level. There was a spike above the 23.6% Fib retracement level of the downward move from the $246 swing high to $217 low.

However, the price is facing a lot of hurdles on the upside, starting with $225. There is also a key bearish trend line forming with resistance near $226 on the 4-hours chart of the BCH/USD pair.

The main resistance above the trend line is near the $230 level and the 100 simple moving average (4-hours). It is close to the 50% Fib retracement level of the downward move from the $246 swing high to $217 low.

A successful break above the trend line and then $230 could initiate a fresh increase. In the mentioned case, the bulls are likely to aim a retest of $245. Any further gains could push the price above the $250 resistance.

If bitcoin cash price fails to break the trend line resistance, $230, and the 100 simple moving average (4-hours), there is a risk of a major downside break.

An initial support is near the $220 level, below which the price could even trade below the $217 low. Any further losses may perhaps lead the price towards the $200 handle in the near term.

Technical indicators

Hourly MACD The MACD for BCH/USD is now losing pace in the bullish zone.

Hourly RSI (Relative Strength Index) The RSI for BCH/USD is currently rising towards the 50 level.

Key Support Levels $220 and $217.

Key Resistance Levels $226 and $230.

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Bitcoin Cash Breaking This Confluence Resistance Could Spark a Strong Surge - newsBTC

What Kind Of Investors Own Most Of Liberty Broadband Corporation (NASDAQ:LBRD.K)? – Yahoo Finance

A look at the shareholders of Liberty Broadband Corporation (NASDAQ:LBRD.K) can tell us which group is most powerful. Generally speaking, as a company grows, institutions will increase their ownership. Conversely, insiders often decrease their ownership over time. I generally like to see some degree of insider ownership, even if only a little. As Nassim Nicholas Taleb said, 'Dont tell me what you think, tell me what you have in your portfolio.

With a market capitalization of US$24b, Liberty Broadband is rather large. We'd expect to see institutional investors on the register. Companies of this size are usually well known to retail investors, too. Taking a look at our data on the ownership groups (below), it's seems that institutions own shares in the company. We can zoom in on the different ownership groups, to learn more about Liberty Broadband.

View our latest analysis for Liberty Broadband

Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices.

As you can see, institutional investors have a fair amount of stake in Liberty Broadband. This suggests some credibility amongst professional investors. But we can't rely on that fact alone, since institutions make bad investments sometimes, just like everyone does. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of Liberty Broadband, (below). Of course, keep in mind that there are other factors to consider, too.

earnings-and-revenue-growth

Institutional investors own over 50% of the company, so together than can probably strongly influence board decisions. We note that hedge funds don't have a meaningful investment in Liberty Broadband. Our data shows that The Vanguard Group, Inc. is the largest shareholder with 8.9% of shares outstanding. In comparison, the second and third largest shareholders hold about 4.1% and 3.9% of the stock. Additionally, the company's CEO Gregory Maffei directly holds 0.007892900000000001 of the total shares outstanding.

Our studies suggest that the top 25 shareholders collectively control less than half of the company's shares, meaning that the company's shares are widely disseminated and there is no dominant shareholder.

Story continues

While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. Quite a few analysts cover the stock, so you could look into forecast growth quite easily.

While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it.

Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group.

Shareholders would probably be interested to learn that insiders own shares in Liberty Broadband Corporation. It is a very large company, and board members collectively own US$1.2b worth of shares (at current prices). It is good to see this level of investment. You can check here to see if those insiders have been buying recently.

The general public holds a 27% stake in LBRD.K. While this size of ownership may not be enough to sway a policy decision in their favour, they can still make a collective impact on company policies.

It's always worth thinking about the different groups who own shares in a company. But to understand Liberty Broadband better, we need to consider many other factors. Consider risks, for instance. Every company has them, and we've spotted 2 warning signs for Liberty Broadband you should know about.

If you are like me, you may want to think about whether this company will grow or shrink. Luckily, you can check this free report showing analyst forecasts for its future.

NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures.

This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com.

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What Kind Of Investors Own Most Of Liberty Broadband Corporation (NASDAQ:LBRD.K)? - Yahoo Finance

North Liberty urges residents to wear face masks, calls on businesses to adopt mask policies – The Gazette

NORTH LIBERTY The City of North Liberty is calling on its residents to mask up when in public.

During its meeting Tuesday night, the North Liberty City Council unanimously adopted a face mask resolution asking those in the city to wear face coverings while in public and to social distance. North Liberty businesses are also called upon to adopt mask policies.

Reducing the transmission of SARS-CoV-2, the coronavirus that causes COVID-19, is critical to our schools reopenings, our businesses recoveries and our communitys health, the city said in a news release announcing the measure. Face coverings keep transmission low, prevent our hospitals from being overwhelmed and protect our community members who are vulnerable.

Iowa City, Coralville and Johnson County have also called on citizens to wear masks in public. To date, only Iowa Citys mask mandate comes with a potential fine for non-compliance. However, Johnson County whose Board of Supervisors does not have the same authority as mayors is taking the steps to also enact a measure that would be punishable with fines.

North Liberty Communications Director Nick Bergus said the city was not interested in gaining compliance through punitive measures.

The goal is to encourage masks in our community to save lives, help businesses recover, help schools reopen and keep our community healthy, not to fine or arrest folks, Bergus said. This is about education, not enforcement.

The measure is effective immediately and asks that citizens wear a cloth mask or face shield in indoor public settings, when social distancing is not possible indoors or outdoors and when using public or shared transportation.

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On Monday, coalitions representing thousands of Iowas health care providers sent a letter to Gov. Kim Reynolds asking her to issue a statewide face mask mandate for all Iowans.

Comments: (319) 339-3155; lee.hermiston@thegazette.com

If you believe local news is essential, especially during this crisis, please donate. Your contribution will support news resources to cover the impact of the pandemic on our local communities.

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North Liberty urges residents to wear face masks, calls on businesses to adopt mask policies - The Gazette

Bitcoin vs. Gold – Is Bitcoin the digital gold? – ForexLive

The debate over Bitcoin becoming a safe haven has been accentuated due to the global slowdown caused by coronavirus, Trade War between US and China, Brexit, among other economic events. Since its bull market in 2017, the cryptocurrency has turned into apopular trading instrument, investment, payment method and 'exchange currency' mainly for themillenials. But lately Bitcoin has also emerged as an alternative asset to hedge and diversify portfolios, replacing or competing with gold.

What is Bitcoin?

For those who are not familiar with this cryptocurrency, Bitcoin is a digital currency not issued by a central bank, government or company that can be transferred between users using a peer-to-peer system based on a blockchain technology, a decentralized ledger enforced by thousands of computers, which encrypt and records Bitcoin transactions. In face of the constant geopolitical risks, a currency that is not related to any government or, as for now, not subjected to cross-border issues can be the opportunity that many investors and institutions are seeking.

Similarities between gold and Bitcoin

The similarities between gold and Bitcoin start from the process to obtain new units of the asset, Bitcoin conception occurs through a process called mining. This term is used because of its similarity to gold, as both are scarce goods that cannot be produced by humans, only extracted. In the creation process of a bitcoin, computers connected to the network compete with each other to solve mathematical problems. Theestimative is that Bitcoin grows within a restricted range of up to 21 million units due to technological limitations. Like gold, there is a limited amount of Bitcoin supply.

Another aspect in common between both is that they have little or no correlationwith other asset classes like currencies and stock indices. They are not affected by monetary policies, central banks or governments, but basically only by supply and demand. They cannot be manufacturedlike money or are not influenced by interest rates.Although showing some similarities when compared to gold, how has Bitcoin behaving in relation to the market to be considered a safe haven?

Bitcoin price still oscillates a lot due to market news related to crypto itself, as new cryptocurrencies releases, government sanctions and regulations toward them, adoption in retail environment, exchanges system risk or issues, while gold tends to move in line with global market news and doesn't reflect high volatility.

Gold characteristics as a safe haven asset

Gold is treated as a safe haven because historically when stock markets experience downturns gold will likewise retain or rise, bringing modest profits or at least reducing the losses in a portfolio. Investing in gold won't bring high returns, however you can expect less risk. In contrast, Bitcoin keeps exhibiting high volatility, experiencing more than 20% price fluctuation in a week. For investors looking for risk-off mode options, crypto might not be the best option. Nonetheless Bitcoin brings strong returns and is still a good option for portfolio diversification since it doesn't correlate to general markets.

Have you looked back at the gold market in the 70s, when president Nixon ended the gold standard to the detriment of having a currency backed bythe central banks control? Gold price went from US$35 per ounce in 1971, to a peak of US$180 in late 1974, and incredibly arose to US$850 in January of 1980. Since then, gold had a very volatile adventure, however people decided to keep gold in their portfolio and then it finally reached out the safe haven status it has now. Is Bitcoin following the same path as gold?

Closing thoughts

Bitcoin has still a long way to go, central banks don't add cryptocurrencies to your reserves to hedge risks. Bitcoin isnot yet a solid currency, many other cryptocurrencies emerged in between as Bitcoin Cash, making it even more difficult for Bitcoin to reach the status of universal and legal form of currency. Cryptos still have lower liquidity than gold, since the exchanges don't allow clients to convert all the funds into other currencies at once. Furthermore, it is still not clear how to prevent frauds and securities issues that may corrupt the virtual wallets and system.

For now, what we know is that 9 out of 10 millennials prefer Bitcoin to gold. Is Bitcoin the gold of the digital era?

BaxiaMarkets

What do you think, trader? We fromBaxia Marketswill be happy to hear your opinion on our social media. Visit ourtwitterandinstagramand leave your comment and stay tuned for more educational contents on crypto, metals, forex instruments.

This article was submitted byBaxiaMarkets.

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Bitcoin vs. Gold - Is Bitcoin the digital gold? - ForexLive

Difference between Bitcoin and Bitcoin Cash – Kagay An

There can be blocks of up to 8 megabytes in the Bitcoin Cash blockchain. The purpose of the change is to confirm transactions faster and include more transactions in the block. Do not send Bitcoin Cash to Bitcoin addresses and vice versa.

Although the services of our wallet are entirely free, the transaction includes the commission that miners receive for supporting the Bitcoin Cash network. To ensure reliable and consistent confirmation of transactions, your wallet automatically includes a recommended fee, the amount of which depends on the size of the transaction and the level of network activity at a given time. You can see before departure what the recommended commission is.

When Bitcoin Cash was initially created, Bitcoin BTC and Bitcoin Cash BCH addresses looked the same, making it difficult to verify that a transaction was being made with the correct cryptocurrency. This created confusion, and as a result, funds were often sent to the wrong address. This is why the developers of Bitcoin Cash have introduced a new format for BCH addresses so that now they do not look like BTC addresses. This format only changes how the addresses look but does not change the original public and private keys.

For each address in the new format, there is also an address in the old format legacy address, but the Blockchain wallet will only use the new format for BCH addresses.

He recommends that our users use the new format for all new transactions, although the old addresses will still be valid and can be used to receive funds. But if you used the old format address in the Blockchain wallet to receive or send funds, it will be displayed in the new format in the transaction history. The corresponding old addresses for any BCH address can be found on another BCH block.

Block Explorers provides a visually appealing and user-friendly way to navigate the Bitcoin blockchain. Your Block Explorer was launched in last year; it makes it possible to study bitcoin transactions, creates informative graphs and tables showing the activity on the network.

Block

The blocks are on the bitcoin blockchain chain. Blocks connect all transactions. Transactions are combined into single blocks and checked every 10 minutes using a mining operation.

BIP

BIP Bitcoin Improvement Proposal, Bitcoin Development Project is a document that describes the technical design, or new opportunities for Bitcoin, or new processes, or software environment that changes the Bitcoin protocol. New features, ideas, and protocol design changes should be proposed as BIPs. The authors of the BIP are responsible for building consensus among community members and for drafting a document describing disagreements.

Blockchain

There is also a use of this term as public accounting database. The blockchain contains all records of bitcoin transactions, starting from the very first in time. Anyone can download and check the entire blockchain, and the same can be done online with a block explorer.

Block reward

Once the block is successful, proceed to add the bitcoin network, there is a block fee reward that encourages miners to work to keep the network safe and secure.

Hash rate

Hash is referring to the measure of the mining power of the Bitcoin network. Keep reading to know more about possession rate of virtual currency

Mining

Bitcoin mining consists of using computers to perform mathematical calculations to confirm transactions on the Bitcoin network. Miners collect payment for the transactions they confirm and receive bitcoins for each block verified.

Proof of work

Proof of work refers to hash of the block header bitcoin transaction blocks. Each block maps to a previous block and adds previous proof of work to form a chain of blocks known as a blockchain.

Public address

The public bitcoin address is a cryptographic hash of the public key. A public address usually starts with a 1. You can think of a public address as analogous to an email address. It can be published anywhere, and bitcoins can be sent to that address, just like a letter can be sent by email. You can read about how to get bitcoins to your wallet here.

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Difference between Bitcoin and Bitcoin Cash - Kagay An

Serene Two-Bed Condo with Sunny Terrace is Entertainer’s Dream, Liberty Terrace, DTJC – Jersey Digs

This listing is brought to you by Irene Barnaby and Daniel Pelosi of Weichert Realtors. Want a listing featured? Email us, [emailprotected].

Its easy to forget you live in the city tucked away in this two-bedroom, two-bath condo near the waters edge in Downtown Jersey City. Located in the prestigious boutique building Liberty Terrace, Unit 205 is a rarely available residence overlooking a waterfront walking path, Morris Canal Park, and the Hudson River. Enjoy spectacular sunsets year-round from the south-facing covered terrace and a sparkling view of Lower Manhattan and the Colgate Clock just to the east.

Floor-to-ceiling windows flood the open layout with natural light and rich hardwood floors run throughout. The spacious living/dining area offers endless options and the covered outdoor terrace can be accessed both from the living area and the master bedroom.

The open kitchen is a modern sleek space with light wood cabinetry, black granite countertops, and a subway tile backsplash, as well as a full suite of top-of-the-line stainless steel appliances. Next to the kitchen and unique to this special unit is a separate pantry with a built-in wet bar and pure magic for an entertainer.

Each generous bedroom overlooks the sunny south-facing terrace, the lush green spaces of Morris Canal Park and Liberty State Park, and the glimmering water of the Hudson River, offering a sublime scene of peace and quiet.

The master suite has a five-star hotel feel with three large closets, including a spacious walk-in, and a marble master bath complete with a deep soaking tub, large glass-enclosed shower, and a dual vanity.

In-unit laundry, additional on-site storage, and parking round out the perks.

Liberty Terrace is located at 25 Hudson Street and offers residents a sophisticated marble lobby attended 24/7 and an exercise room. And even though the boutique condominium feels removed from the hustle and bustle, the New York Waterway ferry to Manhattan from Paulus Hook is less than a five-minute walk away and Downtown Jersey City dining, shopping, and entertainment is just a short stroll.

Unit 205 is asking $1,249,000.

Dont miss this weekends open house on Sunday, August 2, from 1:00-4:00 p.m.

For more information, please contact Irene Barnaby at [emailprotected] or Daniel Pelosi at [emailprotected].

Listing: Liberty Terrace, 25 Hudson Street, Unit 205, Jersey CityAsking: $1,249,000Agent/Brokerage: Irene Barnaby and Daniel Pelosi/Weichert Realtors

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Serene Two-Bed Condo with Sunny Terrace is Entertainer's Dream, Liberty Terrace, DTJC - Jersey Digs

Chainalysis Introduces New Website, Market Intel, which gives Digital Asset Managers and Regulators Access to Meaningful Insight about Crypto Activity…

Leading blockchain analysis firm, Chainalysis, which recently secured $49 million in capital through a Series B round, announced on July 27, 2020, that it has launched Market Intel, its newly designed website for asset managers and regulatory agencies. The new site may be used to gain access to live data and insights on cryptocurrency transactions, and also the health and growth of the digital asset markets.

As mentioned in a release shared with Crowdfund Insider:

Market Intel is powered by Chainalysiss proprietary data, which the company has been systematically collecting and linking to real world entities since 2014.

Jonathan Levin, Co-Founder and Chief Strategy Officer, Chainalysis, said that the company was established to help financial service providers and world governments with gaining access to trusted data sources. Chainalysis aims to help financial institutions and regulators feel comfortable with cryptocurrency so that these alternative assets can achieve mainstream adoption.

Levin explained that Market Intel is the next logical step in realizing Chainalysis vision. He added the company aims to help asset managers and regulators by providing metrics and context for cryptocurrency transactions.

Chainalysis focuses on assisting its customers with leveraging the transparency of public blockchains so that they can make more informed, data-driven decisions about why and how to invest in cryptocurrencies and ensure the markets function safely and efficiently, Levin noted.

Financial crime and compliance professionals frequently use Chainalysis on-chain data, which aims to offer detailed insight into cryptocurrency activity that is conducted on the blockchain, in order to identify and investigate potentially fraudulent and illicit transactions.

As mentioned in the announcement:

Market Intel harnesses the same trusted dataset to provide insight into economic activity. While roughly $10 billion of cryptocurrency was transferred on-chain for illicit purposes in 2019, about that same amount is transferred on-chain every week for investment and trading.

Philip Gradwell, Chief Economist, Chainalysis, believes that decentralized cryptocurrencies are on their way to becoming a mainstream asset class, however, fund managers and regulatory authorities require reliable data and insight into whats really taking place in the crypto markets to meaningfully invest and effectively oversee the space,

Gradwell added:

With Market Intel, were leveraging our unique dataset to give an accurate and complete description of the real world use of cryptocurrencies, rather than providing partial, noisy data or focusing on technical blockchain metrics.

Chainalysis Market Intel offers daily on-chain metrics on cryptocurrency trading, demand, supply, generation, and the potential risk of cryptos. The software aims to identify what it considers the most important daily changes.

As noted in the release:

Insights include how much cryptocurrency is flowing to and from exchanges, how and where in the world cryptocurrency is moving, how long supply is held, the percentage of new assets going to exchanges, the percentage of transaction volume related to illicit activity, and more.

Market Intel is currently available only in beta mode for free. It allows users to access key metrics and insights on the Bitcoin (BTC), Ethereum (ETH), Tether USDT (on Bitcoin and Ethereum), Bitcoin Cash (BCH), and Litecoin (LTC) blockchains. Chainalysis said it will be introducing improvements and other features in the future.

The blockchain analysis firm is also introducing the weekly Market Intel Report, which is an email summary of the most important on-chain events and trends in cryptocurrency, focusing on their short-term implications for cryptocurrency markets and the long-term evolution of cryptocurrencies as an asset class.

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Chainalysis Introduces New Website, Market Intel, which gives Digital Asset Managers and Regulators Access to Meaningful Insight about Crypto Activity...

The Becoming of Bitcoin: A Narrative Untainted by Illusions of Truth – Cointelegraph

Understanding Bitcoin as something static as some thing with a solidified identity is not understanding Bitcoin at all.

Bitcoin is not being. Bitcoin is becoming. The perpetuation of its identity is not terminal but rather instrumental to something else. Bitcoin maintains identity so that it can serve its meaning. And, like identity, meaning is malleable and exists only in the hivemind that projects it.

A more revealing way to think about Bitcoin then is not to understand it as a physical construct as a decentralized payment network operating on a cryptographic protocol but as narrative. And dont just think of it as narrative in the most straightforward meaning of the word, as a representation or imitation of reality or a cultural artifact, but also take into account its deeper aspects i.e. narrative as being constitutive of consciousness itself.

Narrative is not just as our minds way of describing being, but also as its way of expressing and creating the possibilities of becoming. In other words, narratives arent merely representations or imitations of reality they are reality. Creator and author of Epsilon Theory Ben Hunt, whose ideas we shall visit again later, defines the concept of narrative as a thoroughly postmodern idea. What I mean by this is that Narrative is a social construction, a malleable public representation of malleable public statements that lacks any inherent Truth with a capital T[]

While the epistemology of Truth with a capital T is beyond the scope of this piece, and while indeed the brilliant thinkers at Epsilon Theory are never too far from the truth (whatever it may mean) when they opine about narratives, theres an implied false dichotomy between narrative and reality in the above definition that mustnt remain unaddressed. If we choose to understand narratives as mere cultural artifacts as nothing but products of our idle minds then yes, narratives can definitely be deemed untrue or disconnected from observable facts.

But if we take the other, more unorthodox approach, and consider narratives as being constitutive of consciousness itself, then the true power of narratives as creators and destroyers of worlds becomes evident.

And, to be perfectly clear, this isnt just semantic hair-splitting. The point is to convince you that, for all that matters, the narrative is all there is. It is narratives that make the world go round. There isnt some occult deeper layer beyond the narrative where Truth with a capital T resides. Even if there is, we have no access to it. To borrow a quote from cognitive scientist Joscha Bach: Our experience of the world that were embedded on is not a secret direct wire to the physical reality. Physical reality is a weird quantum graph that we can never experience and get access to.

All we get to experience as Paul Ricur, the philosopher whos given us the most comprehensive characterization of narrative to date argues are phenomena emploted with narrative. If we cant, by definition, experience the noumenon, and we never get to escape our brains simulacrum of reality, then all were really left with is narrative.

All mainstream discourse around Bitcoin narratives is laden with the false underlying assumption that the Bitcoin protocol is somehow categorically different from the Bitcoin narrative.

Narratives change, Bitcoin doesnt, people think.

But in reality, this isnt the case. Its the same blunder in thinking that presupposes the false dichotomy between narrative and reality we mentioned earlier. Its not the code or the protocol that constitutes what we conceive to be Bitcoin, its the narrative thats attached to it. Bitcoins code can be, and has been, changed many times before, all without triggering any shifts in narrative. In fact, out of the few radical shifts in Bitcoins identity that have occurred over the past eleven years none were caused by changes to the code or the rules of the protocol.

Indeed, it was always the other way around: when the narratives change the entire nature and identity of the asset changes. Its almost as if the asset is nothing but the underlying derivative of the narrative.

Narratives dictate how we perceive Bitcoin, and when they shift, our behavior changes, which then, in turn, changes the whole game: the way the entire industry operates, the businesses, the consumers, the legislation, the enforcement everything.

Perfect evidence of this phenomenon can be found when we take a closer look at Bitcoins switch from digital cash to digital gold. From 2013 to early 2017 the vast majority of bitcoiners viewed and wanted to use Bitcoin primarily as a means of exchange and secondarily as a speculative asset. Despite the fact that Bitcoin was just as scarce then as it is now, rarely did anybody hodl it with conviction or think of it as a savings technology or a superior store of value in any meaningful way. Bitcoiners were obsessed with being able to buy cups of coffee with it, and the majority of the discourse at the time revolved around how cheap the transactions were and how to convince as many merchants to accept Bitcoin as payment.

Then, sometime around late 2017, early 2018, when the legendary bull rally came and the transaction fees skyrocketed, what could be sensed brewing under the surface finally burst onto the scene. First gradually, then suddenly, and without any changes to the protocol, Bitcoin became digital gold.

Okay, okay. It didnt really become digital gold overnight; the digital gold narrative was, as a matter of fact, gaining traction even as far back as 2015, but for all it matters, it wasnt until the digital cash proselytes migrated to Bitcoin Cash in mid-2017 that it truly became mainstream.

The point is, todays Bitcoin is in no way shape or form a currency simply because nobody looks at it in those terms any longer. Despite everything being the same on the protocol layer, nobody in their right mind would spend Bitcoin as currency today. And why is that?

Its because the narrative inalterably transmuted Bitcoin from lead to gold. Bitcoin went from being one type of asset to another from a digital currency or a medium of exchange to commodity money and a store of value. And this process, which can hardly be interpreted as anything other than narrative alchemy, resulted in actual transmutation of the asset, and not just in some superficial shift in community sentiment.

In 2018, an independent Bitcoin researcher going by the pseudonym Hasu wrote a brilliant piece on a similar topic titled Unpacking Bitcoins Social Contract which cuts right to the core of this matter:

Bitcoins rules are made on the social layer, and the software only automates it. Where the social contract and the protocol layer diverge, the protocol layer is wrong always. A failure of the protocol layer to temporarily enforce the rules of the contract has no permanent bearing on the validity of the contract itself.

(Emphasis added.)

Bingo. Bitcoins identity is forged on the social layer and then is but transcribed onto the protocol layer. The social realm is where Bitcoin lives and where Truth with capital T is decided. But, this now begs the question: who makes the rules? Who controls the narrative?

Narratives, after all, have to come from somewhere they do not arise spontaneously, from the void. They either develop organically, by the unnoted dissemination of the underlying composite memes, or theyre created by fiat. So, where did Bitcoins store of value narrative come from? Did we arrive at it by virtue of inertia, or was it perhaps a product of manufactured consent?

If we turn to the Bitcoin community, today the majority of it seems to believe that the currently prevailing store of value narrative emerged organically, as a direct result of Bitcoins protocol design. Even Satoshi himself used analogies of gold and gold mining to explain Bitcoin, and what is gold really if not a store of value?

And while many pundits consider this vision of Bitcoin self-evident, it bears reminding that, in terms of narrative, it wasnt always this way. Bitcoin was for long envisaged as a monetary weapon a weapon poised to undermine Caesar, take what is his, and render it back to the people.

Bitcoin was a revolutionary, disruptive, and seriously dangerous idea. It is only recently that the overarching mythos changed from overcoming the monster to rags to riches, or in crypto terms when Lambo?

In a 2019 podcast interview, Ben Hunt, mentioned earlier, made some very compelling contrarian points about Bitcoins changing narrative that perhaps the Bitcoin community should consider more seriously. To be more specific, Ben thinks that Bitcoins newfound digital gold story is a purposefully construed narrative trap.

Bitcoiners are taking on the role that gold owners had for the last 50 years. Its a role where you find yourself now essentially hoping for economic collapse [] Youre being balkanized; it is the true original meaning of the ghetto where youre having this neighborhood constructed for you, and youre like Ow look how nice this is! and then you move in and realize Ow ow ow, now Im here Im the grumpy old man that yells at clouds now.

Its a miserable way to live, says Ben. And in many ways, hes right. Were like frogs in boiling water; we were lured into the pot by the promise of riches and now were trapped in a reductionist narrative that fails to tell the world the whole story of Bitcoin. Its a huge step down in ambition. From a positive change movement, the community transformed into a bunch of cynics waiting for bad things to happen only to be proven right.

Perhaps Ben is correct. Maybe the powers that be have a bigger say in Bitcoins story than wed like to think. Perhaps the community believes what it believes today because its consent has been manufactured. After all, the digital gold narrative is preserving the status quo not challenging it. The governments of the world are unfazed by it. What couldve been the biggest threat to their monetary sovereignty has been neutralized by a mere change in narrative. Coincidence? Who knows. But its certainly something to think about.

Regardless of what anyone thinks of Bens narrative inquiry into Bitcoin and the origins of the store of value narrative, the most important point to consider here is that Bitcoins still an uncrystallized idea. Bitcoin is still becoming still searching for its final narrative form.

The presently dominant narrative is but one of many narratives competing for the soul of Bitcoin. Bitcoin was born out of the 2008 financial crisis, and its present identity is heavily influenced if not entirely molded by it. But this may not necessarily be the final form Bitcoin appropriates in the future. Sound money, global currency, global base settlement layer, anonymous and fungible digital cash these are all visions of Bitcoin that may one day resurface if the right conditions emerge.

Now that were facing the worst economic crisis in the last one hundred years, Bitcoins store of value narrative is increasingly being called into question, which means that its day may come sooner rather than later. Central banks are printing an order of magnitude more fiat currency now than they ever did, and Bitcoin, by all accounts and measures, is supposed to thrive and prosper in such macroeconomic conditions.

This is the narrative make-or-break point.

If Bitcoin doesnt perform well as an uncorrelated financial asset and it doesnt ascend (or at least maintain) its value in fiat-denominated terms, then the store of value narrative will shatter and Bitcoin will have to either reappropriate some of the other, already existing competing narratives, or reinvent itself into something else entirely. If, on the other hand, Bitcoin succeeds as a store of value, then this narrative will cement and assume a relatively stable form.

Whatever narrative Bitcoin assumes after it crosses the event horizon, it will be one that defines it for years (if not decades) to come.

Originally posted here:

The Becoming of Bitcoin: A Narrative Untainted by Illusions of Truth - Cointelegraph