As business booms, MCBA’s activism extends to the marginalized – Greenway

The Minority Cannabis Business Association (MCBA) is a 501(c)(6) national trade association created to serve the specific needs of minority cannabis entrepreneurs, workers, and patients/consumers. The organization currently serves members from across the United States. Its 15-member board of directors is comprised of a diverse group of cannabis industry veterans and activists from across the U.S. and their to-do list features very few items that are easy to complete and scratch off the list in a short amount of time. MCBA is busy on a multitude of fronts, and their goal is to impact and influence policy to better the industry and ensure social equity.

Add to that the fact that any kind of association has scores of responsibilities beyond their organizational initiatives. That keeps MCBA and their volunteer board and membership constantly performing a juggling act largely dictated by changes in proposed legislation (sometimes aware of ahead of time in order to prepare) or things like COVID-19 (NEVER aware of ahead of time in order to prepare).

Jason Ortiz, the board president of MCBA spent time with Greenway to talk about what the organization has as its constantly evolving agenda and extensive day-to-day challenges. Ortiz, a graduate of the University of Connecticut has had an interesting career, and his choice of roles and focus were all driven by a single event.

I was arrested at 16 for a minor marijuana possession and saw the realities of the harm stemming from the war on drugs and the concept of selective enforcement in action. I was suspended from school for 45 days and thats a long time to be able to immerse yourself in learning new things. I took that time to learn all I could about activism and that made my path what it was, said Ortiz.

Ortiz went on to being working with Students for Sensible Drug Policy (SSDP) organization in college, whose work made it possible for him to GO to college.

They were working on a bill, or provision, called theHigher Education Act Aid Elimination Penalty. And that was a provision in the higher education funding bill at the time [in the 2000s] that said, if you had been convicted of a drug offense, you are not eligible for financial aid.That was making thousands if not millions of young people not able to access higher education. But in the time between I graduated high school and went to college,SSDP changed that law, and made it that you only got denied financial aid if you got caught while on financial aid. So anyone who got caught while outside of college was no longer penalized. and continued to serve in various capacities in other activism roles and organizations.

With that kind of foundation driving his career decisions, its easy to see how Ortiz fits in with the MCBA organization. They consider themselves activists, and they are giving attention and delivering progress in cannabis policy across the country. While the association itself is national, much of the work they do comes from opportunities in different states, cities, and even counties in every geography in the US as well as some global markets. Dont let the associations use of the word minority in their name restrict your thinking that their work is about race.

While they strive for ensuring that racial discrimination occurs in the industry, but minority means more than just race to the group. A minority in the associations eyes is under-served groups who arent getting an equitable opportunity to be owners or license holders in the cannabis industry. Minorities can be low-income white people, veterans who received dishonorable discharges based on cannabis infractions, victims of the war on drugs who have previous cannabis-related convictions, or people of color, be they black, brown, or beige.

An interesting reality that MCBA and Ortiz face every day is that there is often tension between activists and businesses, which he says isnt a bad thing.

The tension between the groups is both positive and negative, we all want the industry to succeed, but activists want everyone to succeed, but there are big national multi-state operators that want THEIR business to succeed.

Just as the issues are handled differently by activists and businesses depending on several factors, so are the expectations of politicians in different geographies.

Ortiz illustrates the disparities between locations by citing that Oakland has far different obstacles and victories than Connecticut or Mississippi has by having a national presence with several in the field locally, theyre able to share how other locations have addressed issues and help replicate the best practices they have seen work. The organization uses its widespread teams in locations across the country to attempt to bring together the pockets of groups that exist in local communities and bring them together to attack nationally, especially when it comes to policy change.

The group has big plans in 2020, some of which are already deeply in progress. While the focus on social equity in licensing legislation and policy is always on the forefront, Covid-19 has quickly required them to simultaneously devote significant attention and advocacy for helping with the financial repercussions of Covid on the cannabis industry. MCBA is highly engaged with political allies and their lobbying efforts are on the recently introduced bill for allotting relief funds to cannabis businesses, many of which are deemed essential in several states.

With regard to social equity work, the monster that theyre attempting to thwart is a lack of social equity for licenses, disabling the ability of under-served groups to have a fighting chance at obtaining licenses. An article from the AP cited, Some states and cities have started post-legalization initiatives to expunge criminal records and open doors in the cannabis business for people with pot convictions. California, for instance, passed a sweeping expungement law last year affecting hundreds of thousands of drug offenders.

MCBA has many allies in the fight for social equity. Imani Dawson,Executive Director of theCannabis Education Advocacy Symposium and Expo (CEASE)and National Communications Director forMinorities for Medical Marijuana (M4MM), echoed the point that bringing serious funding to equity ventures should be among lawmakers top goals. Obtaining a marijuana license is practically impossible without a million dollars [or more], which is why there are only a handful of women- and person of color- (POC) led dispensaries. We arent reflected in venture capital spaces, and its clear how much representation matters, Dawson commented in a previous interview.

Multiple activists, advocates, and social equity champions all agree on this effectively ignoring cannabis history and the needs of equity applicants definitely wont help this young industry beat the black market either.

Shanel Lindsay, owner and CEO of ARDENT and a member of the Massachusetts Cannabis Advisory Board, has been quoted saying, If regulators want this industry to succeed, they also need to make a serious effort to help secure and provide funding for people of color, women, and other minority groups who want to enter it. Those groups make up small business and medium-sized business in cannabis, and if theyre not included, well end up with Big Cannabis, and the kind of sub-quality products were seeing in Massachusetts now, Lindsay added.

Participation in collaborative opportunities with other groups and building a network of alliances in the industry has led MCBA to continue working on their State Model Build, which will be available in the fall for widespread use. The model will provide guidance and assistance in ensuring that a baseline primer for social equity considerations and recommendations are available for anyone attempting to get it right in their own local efforts. MCBA will continue to exert a strong media voice, present and participate in panels, and continue to host their own events in order to keep their momentum moving forward.

As for Ortiz himself, hes committed to continue his activism and work in the US, but as a native Puerto Rican, hes also pursuing cultivation licenses in his place of birth. Ortiz says that the road to economic recovery in his former home can be greatly accelerated by a successful and legal cannabis industry and he plans to be a part of it, possibly in 2021. His focus now is to persevere in the efforts of MCBA and his role with the National Puerto Rico Agenda to drive justice in the cannabis industry until were able to reach a place where the promises of opportunities for everyone havent quite made it YET.

Learn more about MCBA at their website.

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As business booms, MCBA's activism extends to the marginalized - Greenway

Best shows to binge on Now TV – The List

Curb Your Enthusiasm

Since we've all begun to properly settle into this lockdown thing, now is as good a time as any to binge-watch something you haven't seen before. Now TV has over 300 box sets to choose from, and with that much choice, it's always good to get some recommendations. So we've put together a list of some of our favourites so you too can join us in our unhealthy TV habits.

Is there anything more awkward on TV than Curb Your Enthusiasm? Seinfeld co-creator Larry David's semi-improvised sitcom stars David as a fictionalised version of himself and follows his life in LA, as he somehow manages to get himself into the most cringe-worthy scenarios you can imagine. The beauty of Curb is how far David succeeds in pushing the rude, obnoxious and undiplomatic qualities of his character, and how even though we're rooting for our anti-hero, he gets exactly what he deserves each episode. The addition of guest stars, often celebrities who are also playing fictionalised versions of themselves, just adds to the hilariously impending discomfort, as you watch with your hands over your eyes, waiting for David to make yet another tragic faux pas. Notable appearances over the years include Lin-Manuel Miranda, Salman Rushdie and Alanis Morissette, with the most recent series featuring Jon Hamm, Clive Owen, Mila Kunis, Sean Penn, Coldplay's Chris Martin and others. In our current state of lockdown, we can all surely relate to Larry's permanent annoyance at everyone else's behaviour. Really, we're all Larry David now. (Arusa Qureshi)

The Wire is that rare TV series that seriously challenges us to consider how we view the world. Its title refers to a wiretap surveillance undertaken by a Baltimore police unit investigating a drug dealing organisation which is operating in a run-down housing project. But, while all five seasons follow many of the same characters and the focus is always on 'the war on drugs', each season swings the spotlight onto a particular area of Baltimore society to examine how it relates to law enforcement, from the dockworkers to city hall, the education system to newspapers. The Wire's strength lies in its vast, diverse cast: mostly unknowns (including a young Idris Elba as the magnetic 'Stringer' Bell and Michael K Williams as the enigmatic Omar Little), many who had never acted before and some who had been rescued from the very lifestyles they portray here. Sympathies will ebb and flow (many of the characters who would normally be considered 'villains' evoke the most compassion) while some of the most egregious characters are lauded for their positions in respectable authority (the judiciary, law enforcement and politics). Presented in a boxy 4:3 ratio when most TV had gone widescreen, The Wire has the look of a fly-on-the-wall documentary, and its detailed depiction of how various societal factions interact with one another provoked justified comparisons to the work of Charles Dickens. Despite its weighty themes, it's often hilarious, particularly the wonderful chemistry between detectives Jimmy McNulty (Dominic West in his breakout role) and Bunk Moreland (Wendell Pierce). (Murray Robertson)

True Blood is one of those shows that started off really strong, but ended up losing its way a little by the final series. Still, with seven seasons of supernatural storylines, sexy vampires and unexpected social commentary, it's a great show to get hooked on and ultimately, binge. Based on Charlaine Harris' Southern Vampire Mysteries series of novels, True Blood imagines a future in which vampires and humans co-exist, thanks to the invention of a synthetic blood product called 'Tru Blood', which eliminates their need for human blood to survive. The story centres on the town of Bon Temps, Louisiana and telepathic waitress Sookie Stackhouse (Anna Paquin), who surprise surprise, falls in love with 173-year-old vampire Bill Compton (Stephen Moyer). But aside from the trials of Sookie and Bill and their dangerous love affair, True Blood explores some interesting and relevant issues, including equal rights and discrimination, violence against minorities and homosexuals, drug addiction, the power of the media and more. There are also some brilliant characters throughout, from shapeshifter / Sookie's boss Sam Merlotte to cook, drug dealer and medium Lafayette Reynolds. Not to mention the best character of all Eric Northman (Alexander Skarsgrd), the 1000-year-old vampire and Sheriff of Area 5. (Arusa Qureshi)

This Golden Globe-nominated and Emmy-winning drama series created by David E. Kelley (Ally McBeal, Mr. Mercedes) stars Reese Witherspoon, Nicole Kidman, Shailene Woodley, Laura Dern and Zo Kravitz and tells the story of five women in Monterey, California who much to their regret, become deeply entangled in a murder investigation. Based on the Liane Moriarty novel of the same name, Big Little Lies was originally only a seven-episode miniseries, however due to its popularity it was brought back last year for a second season, with the legendary Meryl Streep joining the main cast as Kidman's mother-in-law. The supporting cast is equally stellar, featuring Alexander Skarsgrd, Adam Scott, James Tupper and Jeffrey Nordling as the women's spouses. In addition to murder, the show gracefully tackles other heavy topics including rape and abuse. Although the majority of the characters live in excessively large, lavish homes next to the ocean on the stunning California coast, it quickly becomes clear that their lives are far from perfect. With outstanding cinematography, powerful performances and a killer soundtrack, Big Little Lies is dark, thrilling and addictive, making it an ideal binge-watch while in lockdown. (Megan Forsyth)

Despite the fact that it's only been five years since the last episode of Parks and Recreation aired, the show sometimes feels like a period piece. Created out of the idealism and optimism of Obama's presidency, Parks and Rec focuses on the (mis)adventures of a group of earnest, good-hearted civil servants at a municipal Parks and Recreation department in Middle America, helmed by their deputy director, the cheerfully indefatigable Leslie Knope (played by the great Amy Poehler). Watching Parks and Rec now, through the lens of our politically fraught, Brexit-riddled and 'America First' present, its unwavering faith in progress and good governance sometimes feels impossibly far away. Yet the values at the core of Parks and Rec that service to others is the most meaningful calling, and that nothing of importance is ever achieved alone also feels more consoling than ever. It also boasted one of the strongest ensemble casts on network TV of its time, with a pre-Marvel buff Chris Pratt as the adorable, dim-witted Andy Dwyer, and Nick Offerman in his breakout role as Ron Swanson. With seven sunny seasons to hunker down into, there's genuinely no place better to ride out this pandemic than Pawnee, Indiana. (Deborah Chu)

Now TV includes numerous Comedy Central shows you wouldn't find elsewhere and Broad City is just one of them. The sitcom neatly packages the misadventures of New Yorkers Ilana Wexler and Abbi Abrams into 22-minute episodes.There is no overarching plot to Broad City; it follows the antics of two open-minded, open-hearted and somewhat lost best friends trying to make their way through life. Just as HBO's Girls put modern-young women on screen front and centre, Broad City follows suit. The show encapsulates and magnifies what it's like to be a young person living in today's world in an enjoyable, real and hilarious way. Themes of friendship, love, sexuality, gender identity, misogyny and career-pressures are tackled in an outlandish and fun manner. Writers and creators Ilana Glazer and Abbi Jacobson are best friends in real life and therefore have amazing, vibrant and energetic chemistry on screen. This, paired with the show's farcical storylines, during which they navigate life's many shit storms, results in a charming, relatable show, that is a must-binge comedy if ever there was one. (Becki Crossley)

One of the true network TV juggernauts and the first jewel in the Shondaland crown, Grey's Anatomy has loomed over popular culture for 16 seasons and counting, with no signs of flagging. The secret sauce is surely its unabashedly soapy premise: a revolving door of implausibly hot surgeons at a Seattle hospital save lives and have sex amidst some truly ludicrous stakes. Even the most devoted fan will have lost track of the number of bomb explosions, shootings, plane crashes, natural disasters and sinkholes that this crack team of preposterously attractive medical professionals have had to weather over the years, though the real emergency on Grey's is always their deeply convoluted and incestuous personal lives. Though there've been many shake-ups to the cast over the years (often due to the aforementioned car accidents, sinking ferries, superstorms, the other bombing, etc.), Grey's alumni include the likes of Patrick Dempsey as Derek 'McDreamy' Shepherd, Katherine Heigl as the much-maligned Izzie Stevens and Sandra Oh as the brilliant and cutthroat Cristina Yang. Yet despite these truly insane shenanigans, the show's incredible staying power is testament to its ability to balance emotional histrionics with decently compelling medical detail. And since we've all got plenty of time on our hands at present, now is the perfect time to lean into the high drama that's always brewing over on Grey's. (Deborah Chu)

Time and time again, people have to be told to sit down and start The Sopranos. So why haven't you started it yet? The Golden Globe and Emmy-winning show has been hailed one of the greatest dramas nay, the greatest TV shows of all time much like many others in HBO's outstanding portfolio (The Wire, Game of Thrones). The show centres around husband and father of two, Tony Soprano, played by the late great James Gandolfini, as he attempts to maintain a successful home life whilst running the New Jersey mafia. Crucial business and personal decisions bear huge weight, ultimately landing Tony in a psychiatrist's chair opposite Jennifer Melfi (Lorraine Bracco). Here, we see Tony talk through his inner conflicts and true desires, magnifying his vulnerabilities and also his somewhat charming strengths. Gandolfini leads an amazing cast, filled with characters that range from detestable to loveable, most often all rolled into one. The show's dialogue, plot lines and scenes of customary violence are said to be so true to real mafia life it was suspected that someone blabbed to the show's writers (though this has never been proven). As a unique and unapologetic examination into the psyche of a mobster, The Sopranos makes for an ultra endearing six seasons which, much like HBO's The Wire, humanises violent criminals and, as the audience begin to sympathise with and admire mafia members, a moral conundrum is turned onto the viewer. (Becki Crossley)

This feel-good favourite British comedy is centred around the lives of young couple Gavin (Mathew Horne) and Stacey (Joanna Page) and their families and friends. At the start of the series, both live at home with their parents Gavin in Essex, England with his overbearing mum Pam (Alison Steadman) and father Mick (Larry Lamb) and Stacey in Barry, Wales with her widowed mother Gwen (Melanie Walters), also often visited by Stacey's awkward Uncle Bryn (Rob Brydon). The show's standout characters are arguably the pair's best friends Smithy and Nessa, who begin an unconventional romance of their own and are played perfectly by the show's sole creators and writers James Corden and Ruth Jones. As Gavin and Stacey's relationship progresses, the two families come together for various gatherings in both Essex and Barry, and countless awkward and hilarious moments ensue. After three short series that ran from 2007 to 2010, Gavin & Stacey returned last year for a highly-anticipated Christmas Special reunion episode. The show is consistently relatable and laugh-out-loud funny, with memorable characters and catchphrases ('what's occurring?') that make quickly binge-watching the hit series far too easy. (Megan Forsyth)

This five-part masterpiece is a spellbinding depiction of the literal fallout following the 1986 Chernobyl nuclear disaster. You might reasonably expect the series would begin with some explanation of how a nuclear power station works, but Chernobyl drops you right in the centre of the incident as it unfolds. Critical information is drip-fed by its many characters as they first try to make sense of the scale of what is rapidly unfolding, before heroically trying to find a solution while the ramifications of a localised disaster quickly scale up towards a global catastrophe. It's an unflinchingly difficult watch the horrors of acute radiation poisoning are depicted with ferocious candour which makes the following political cover-up all the more infuriating and particularly pertinent to the world today. A phenomenal cast (including Jared Harris, Stellan Skarsgrd and Emily Watson) inject much-needed pathos into the chaos, while spectacularly authentic sets, props and costumes bring 1980s Soviet society to vivid life in all its beige glory. Chernobyl is an absolutely vital watch, not only for its contemporary political importance but because it's simply one of the finest TV series ever made. (Murray Robertson)

Follow The List's Staying In is the New Going Out articles for more recommendations, alternative online events, press releases, refund policies, restaurant deliveries and further general information.

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Best shows to binge on Now TV - The List

Irvine Welsh glad he took loads of drugs as he insists society does not have a substance problem – The Scottish Sun

IRVINE Welsh says he is "glad he took loads of drugs" and has "absolutely no regrets" as he insists the world does not have a substance problem.

The Trainspotting author, 61, insists he does not have any regrets over his use of narcotics in the past - and says it enhanced his writing and his career.

And he says drug use is always symptomatic of other problems in society - with susbtances simply used to fill gaps in people's lives.

Welsh gave his forthright opinions writing for newly created lads' mag GHQ - which aims to provide '"edgy" content.

He said: "There's always an antecedent for for any phenomenon in our society. It's no different with drugs and all the baggage it carries.

"When asked about this issue, I'm not really sure that there is a drug problem. Drugs tend to be symptomatic of something else. Every time you have a society in transition, there is an epidemic of some kind.

"Our society is in transition now, as capitalism declines from its industrial high and we move into a world where all the technological development is counterintuitive to profits and paid work. Thus there is a tremendous gap in what people can do to progress their lives. Whenever theres a gap, drugs will always be there to fill it.

"In some respects, we ourselves actually justify the very existence of drugs, which are part and parcel of our humanity. Human life is about work and play, about celebration and festival. This, in turn, equals intoxication, which equals drugs. So drugs are ubiquitous across all types of human society, from native cultures to post capitalist ones, and lionized in all religions.

"It's impossible to conceive of what a world without drugs would even look like - music, art, religion and politics probably wouldn't exist as we know them."

He added: "All I can say is that I'm glad I took loads of drugs, and I've absolutely no regrets personally about it at all. It probably gave me an edge as a writer, helping me expand my consciousness and cultural awareness.

"I had loads of great adventures. But I sailed very close to the wind, and ultimately, I'm also very glad that I knew when to stop. It's a young person's game, and best suited to a life when you have scant concept of your mortality. They simply don't work as well after that, and it all becomes diminishing returns.

"You get very tired and sick and it starts to become hard work, just like having a job. And I already have one.

"But a lot of people don't, so drugs are their job. But you dont want to be working all the time. So like most things in life, maybe it is all about moderation."

The Edinburgh scribbler does feel, though, that the "war on drugs" is necessary and helpful.

He acknowledged anti-drug rhetoric is essential in keeping communities intact, but does have some suggestions for a better approach.

He added: "Anyone thats being honest and who has any critical faculties, will see the widespread hypocrisy with mainstream society and its view on drug use. I think the only thing we need more than drugs is a war against drugs.

"Anti-drug hysteria is one of the strongest drugs around. If you could bottle it and sell it, you probably wouldn't need anything else.

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"Without 'wars' on drugs, terror, black people, cops etc, our communities would probably disintegrate rather than slowly tear themselves apart. All that seems to hold our states, and indeed our culture, together now is a sense of some external threat."

He added: "Something that is always discussed is the gateway and easy access drugs - alcohol and prescription drugs. These aren't just gateways to other drugs, but also potentially dangerous drugs in themselves.

"Most people who f**k themselves up with drugs never get past those legal and readily available ones, because they don't really need to do so.

"Something that really needs to be looked into is a more logical approach to the 'war on drugs'. I personally believe that if the effort and money invested in a more relaxed approach to the drug issue, you could really be onto something. I think you have to take the both the state and criminals out of the drug scene and just leave people alone.

"A lot of places have tried more 'liberal' regimes; Spain, Portugal, Uruguay, some US states, have all adopted different but successful experiments in drug legalisation/ decriminalisation.

"It'll happen across the world one day, as it's completely irrational to have a prohibitionist policy on drugs."

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Irvine Welsh glad he took loads of drugs as he insists society does not have a substance problem - The Scottish Sun

BitPay’s New Asia Partnership to Expand Use of Blockchain in International Payments – GlobalAtlanta

BitPay has launched apartnership with the worlds largest digital asset exchange that the Atlanta-based blockchainpayments pioneer believes could help normalize the use of cryptocurrency in mainstream cross-border transactions.

BitPay will process payments for Binance, a Singapore-based exchange which counts 15 million users globally and through which nearly $3 billion in value is traded every year.

Specifically, BitPay will add support for its merchant customers to transact in Binances stablecoin, BUSD, a blockchain-based currency pegged to the U.S. dollar and approved by the state of New Yorks financial regulator. BUSD is also now supported in BitPays consumer-facing mobile wallet, which has 2 million users globally.

Stablecoins, such as Facebooksproposed digital currency, Libra, or a new digital currency introduced by China, are tied to the value of a fiat currency, bolstering trust by eliminating wide swings in value. Just in the past three days, for instance, the value of Bitcoin rose 20 percentamid a pandemic-wracked global economy.

And it can fall just as easily,Sean Rolland, head of product for BitPay, told Global Atlanta.

BitPays tools let companies sending and receiving payments across borders use blockchain rails to circumvent traditional bank wire transfers, which are relatively expensive and can take days to reach the recipient.

While BitPay processes crypto payments for huge companies like AT&T and Microsoft and online retailers like NewEgg, it also can support importers sourcing from overseas or multinationals sending intra-company payments to their international offices.

Were really building the tools for these international businesses to more easily, compliantly and securely interact with the blockchain and cryptocurrency, Mr. Rolland said.

The transactions are free to the party sending the payment and a 1 percent transaction fee for the receiving merchant. BitPay is processing more than a billion dollars in payments per year.

So far, BitPays services are popular on trading corridors where the global payment infrastructure is underdeveloped, expensive or slow. Its relatively affordable for now to send money from the U.S. to Europe, for instance.

But routings like Mexico to South Korea or Cambodia to Brazil present different challenges,Mr. Rolland said. When companies realize blockchain will help them avoid dealing with cumbersome, expensive intermediary banks, they are enticed to sign on.

Theyre like, Waitwhat? I can get paid the same day as when they send the money for a fraction of the cost? Mr. Rolland said. The speed is really a big part of it too.

BitPay CEO Stephen Pair said in a news release that the Binance collaboration will be a game-changer because it combines flexibility of paying on the blockchain with the stability of the U.S. dollar.

The partnership with Binance is about more than supporting another stablecoin; it is about making cross-border payments simple and easy for both businesses by leveraging the global influence of Binance Exchange, said Mr. Pair. BitPay also supports three other USD-pegged stablecoins.

In the interview, Mr. Rolland conceded that transacting in cryptocurrency can seem scary to the uninitiated. Prized by some for its anonymity, bitcoin and other cryptocurrencies are sometimes associated with shady online activity or speculative currency investment.

But Mr. Rolland pointed to the blue-chip companies that use BitPays services, noting that smaller ones can also benefit from the blockchain technology with the right tools and partner.

Its an education process. Instead of just reading the headlines, dig a little deeper. At BitPay we do over a billion dollars a year in payments, and I promise not one of them is involve in a dark market, he said.

CZ Changpeng Zhao, founder and CEO of Binance, pointed to BitPays longstanding reputation as

We believe a growing number of merchants and businesses will start adopting crypto, and we are glad to provide the payment solution together with BitPay, making the process simpler and easier.

To help get U.S. consumers get familiar with cryptocurrency, BitPay has adownloadable wallet appon iOS or Android, and it even offers a Visa debit card.

BitPay has raised $70 million since its founding in 2011, including from investors in Asia. Its partnership with Binance came after it as a result of a newfound focus on business development in Singapore late last year.

The deal could open doors for Atlantas fintech community, which has taken delegations to Singapores Money 20/20 Asia conference in years past.

Its unclear whether a group is still planning to attend this year after the pandemic pushed the conference back until August.

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BitPay's New Asia Partnership to Expand Use of Blockchain in International Payments - GlobalAtlanta

Whales and American Buyers Drive Bitcoin Rally – CoinDesk

Bitcoin was up over 20% year to date Thursday morning.

Data suggests that the recent price rise is being driven by U.S. investors buying bitcoin on spot and derivatives exchanges. Meanwhile, there are now more "whales" swimming in this global sea than since mid-2019. And bitcoin custodial startups are reporting an uptick in users.

You're readingBlockchain Bites, the daily roundup of the most pivotal stories in blockchain and crypto news, and why they're significant. You can subscribe to this and all of CoinDesk'snewsletters here.

It's suspected much of this activity is driven by the impending halving event, which for some sober minds, is nothing more than an act of arithmetic. Here's the story:

Top Shelf

American BuyersData indicatesAmerican buyers are fueling bitcoins rally.On U.S. exchanges, spot premiums are showing stronger buy-side pressure relative to other markets. Further, exchanges licensed to offer bitcoin futures to American investors are rallying while their unlicensed competitors are not. Su Zhu, CEO of Three Arrows Capital, said American investors should give us a strong base given that U.S. tax policy means nobody sells spot for small profits.

Call Me Ishmael, Is That A Whale?The number of Bitcoin addresses holding more than 10,000 coins rose tothe highest level since mid-2019.These 111 so-called whales contribute to the bullish narrative surrounding the top crypto by marketcap. Some of these addresses may belong to high-net-worth individuals or groups, who are diversifying into bitcoin amid the ongoing coronavirus pandemic and ahead of the mining reward halving, said Wayne Chen, CEO of Interlapse Technologies.

Custody During COVIDBitcoin wallet startups are reporting anuptick in users and profitsamid the market disruption caused by COVID-19. An event like that [pandemic] makes people think about how they are storing their bitcoin,"Will Cole, Unchaineds chief product officer, said.

Parental HelpIntercontinental Exchange, theparent company to Bakkt, spent close to $300 millionhelping the bitcoin warehouse acquire loyalty rewards provider Bridge2 Solutions. Bakkt announced it would acquire Bridge2 in February, while simultaneously raising a $300 million Series B funding round with participation from Microsoft's M12, PayU, Boston Consulting Group, Goldfinch Partners, CMT Digital and Pantera Capital.

Mining MoneyArgo Blockchain, a bitcoin mining firm listed on the London Stock Exchange, reported an11-fold increase in revenuesfrom the year before. The company attributed its success to cutting off its consumer-facing arm and focusing on mining some 1,330 bitcoin last year.

Validating TopazTop-five mining pool OKEx Pool will trial Ethereum 2.0s new testnet. Collaborating with Prysmatic Labs, the mining pool dedicated to proof-of-work consensus models will become a validator for the experimental proof-of-stake Topaz testnet. (Decrypt)

Static EtherEthereans are hodling. Data firm Glassnodes has found more than 77% the outstanding ETH supply has not moved in six months. (The Block)

Open to OperateSan Francisco-based cryptocurrency exchangeOKCoin is now cleared to operate in Japan,a nation known for its tight licensing requirements. The exchange began the arduous process of applying for regulatory approval in 2017. CoinDesk's Nathan DiCamillo breaks down why they went through the ringer.

Blockchain for UBIA Zurich-based startup has built a proof-of-personhood protocol to disseminate universal basic income (UBI) to the unbanked. Encointer, backed by the Web3 Foundation, plans to distribute a cryptocurrency for use within a designated locality among willing participants. (Decrypt)

Is Bitcoin Boring?Despite the enthusiasm leading into Bitcoins third halving event, expected in less than two weeks, on a technical level nothing really changes. The BlocksMike Orcuttdigs into the cultural significance of this mundane happening, when Bitcoins code automatically splits its mining subsidy.

Class ActionA district court judge has granted preliminary approval to a$25 class-action claimmade against Tezos. Litigants are suing Tezos alleging its initial coin offering violated U.S. securities laws. (Paywalled)

On FireBlockchain startup Fireblocks reported $30 billion in digital asset transfers using its services. Launched less than a year ago, the company will also open new offices in Singapore and Hong Kong. (Forbes)

CoinDesk Live: Lockdown Edition

CoinDesk Live: Lockdown Editioncontinues its popular twice-weekly virtual chats via Zoom and Twitter, giving you a preview of whats to come atConsensus: Distributed,our first fully virtualand fully freebig-tent conference May 11-15.

Register to joinour sixth session Tuesday, May 5, with speakerAmy Davine Kim from the Chamber of Digital Commerceto discuss upcoming guidelines from the Financial Action Task Force, most notably the Travel Rule, hosted by Consensus organizer Aaron Stanley. Zoom participants can ask questions directly to our guests.

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Two of CoinDesks most popular series, NLWs The Breakdown podcast and the Money Reimagined newsletter by Chief Content Officer Michael Casey, come together for a special podcast microseries in the run up to Consensus: Distributed,our first virtual big-tent event May 11-15.

The Breakdown: Money Reimaginedbuilds on themes Casey explores in his newsletter to tell the story of key arenas in the battle for the future of money from the incumbent dollar to China's aspirational DCEP to the insurgent bitcoin in the context of a post-COVID-19 world.

The four-part podcast features over a dozen voices including Consensus: Distributed speakers Caitlin Long, Matthew Graham and Kevin Kelly. New episodes air Fridays starting May 1 on theCoinDesk Podcast Network.Subscribe here.

Danielle Dimartino Booth's Inside PerspectiveAn adviser to the U.S. Federal Reserve through the Great Financial Crisis to 2015 examinesthe largest monetary policy experiment in human historyon the latest episode of The Breakdown.

Who Won #CryptoTwitter?

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Whales and American Buyers Drive Bitcoin Rally - CoinDesk

SkyGrid Leverages the Functionality of Blockchain and AI to Provide Secure and Safe Airspace Management for Drones – Commercial UAV News

Commercial UAV has spoken about the potential of blockchain to add multiple levels of security and safety to drone operations by adding an indelible database record. Yet, this technology is still relatively new to the drone industry, and there have been few instances where it has been exploited to its full potential.

SkyGrid, a Boeing, SparkCognition Company, is one of those companies who is utilizing blockchain and AI to deliver a next generation airspace management system to their clients. We spoke with Zehra Akbar, senior director of strategy and operations at SkyGrid, to learn more about the company and find out how their system is leveraging this technology, what that means for airspace safety and security, how it might leveraged during the current pandemic, and more.

What are some of the primary markets SkyGrid is looking to serve?

SkyGrid provides an end-to-end solution for businesses to deploy, manage, and scale their drone operations. Our customers range from large logistics companies to first responders. We enable organizations in every industry to optimize their operations and reduce overhead costs.

Were also enabling aviation authorities and ANSPs across the globe to safely integrate drones in controlled airspace. Authorities can use SkyGrid to define national airspace standards, automate flight authorizations, and monitor traffic in real-time.

SkyGrid is a Boeing and SparkCognition Company, can you talk about how these two companies play a role in SkyGrid?

As a Boeing, SparkCognition company, we have access to more than 100 years of aviation expertise. This enables us to leverage Boeing partnerships with customers, industry leaders, and regulatory agencies and remain one step ahead of their needs. At the same time, were able to engrain our airspace management system with SparkCognitions latest AI advancements. The companys award-winning machine learning technology is critical to ensure safe, secure, and efficient drone operations.

Can you provide a high-level overview of the capabilities of SkyGrid? What features differentiates SkyGrid from other UTM systems out there and how can these features make flight safer, more secure, cheaper, and/or more efficient?

SkyGrids Aerial OS provides airspace awareness, flight operations, and fleet management in one integrated solution, enabling safe, secure, and efficient drone operations.

As the only airspace management system built on AI and blockchain technologies, SkyGrid is solving the industrys biggest challenges integrating unmanned aircraft into complex, rapidly changing airspace. The use of AI allows us to continuously monitor, predict, and adapt flights to changing regulatory dynamics, aircraft performance, and location data. At the same time, blockchain technology allows us to mandate airspace compliance and provide a verified data source that regulators can rely on to accurately monitor and audit unmanned flights.

What challenges within the drone industry led you to developing some of these advanced features like AI-enabled features, blockchain, cybersecurity, and so on?

As the volume of unmanned traffic increases, we need to augment the capabilities of air traffic controllers and operators and ensure theyre equipped to safely manage and operate unmanned aircraft.

Traditionally, the burden has fallen on operators to manually evaluate the airspace, plan their flight paths, and avoid any risks in-flight. But its difficult to plan, execute, and adapt flights in such a complex airspace. At any moment, a new flight restriction could be issued, weather conditions could shift, a drones propeller could malfunction, or another aircraft could conflict with a drones route. A wide variety of factors can shift rapidly, requiring flight paths to be modified and shared with authorities in near real time.

Technology advancements in AI and blockchain are making it possible for us to eliminate the manual workflows and provide features such as automatic route planning, intelligent deconfliction, predictive maintenance, and immutable audit trails.

When talking about UTM for advanced operations like drone delivery, BVLOS, flights over people, and so on, the requirements for safety and security can become quite complex. What are some ways that SkyGrid is working through solving those challenges?

Planning, executing, and adapting flights is especially difficult for advanced operations such as drone delivery. Its important to ensure commercial operators are equipped to execute safe flights at scale and avoid hazardous conditions.

Equipped with AI and blockchain, SkyGrids system is minimizing the burden on commercial operators. Our AI algorithms can analyze crucial data, such as airspace traffic, weather forecasts, ground risks, and vehicle performance, to select the right drones for each mission, execute optimal flight paths, and autonomously adapt flights as conditions change. SkyGrids pre-flight and in-flight deconfliction capabilities are also powered by AI to detect and avoid other aircraft and objects.

At the same time, were using blockchain technology to help eliminate the potential for human error in the airspace. Augmented with smart contracts, blockchain is the key to ensure unmanned flights comply with the airspace rules and regulations. Our blockchain-backed system can mandate the defined airspace rules set by local and national authorities, such a flying below 400 feet and avoiding a set radius around airports.

Enterprises can also set additional safety parameters based on different types of missions, payloads, vehicles, and environment conditions. For example, company-wide parameters might include a rule to operate drones with at least 20 percent battery life under 25 mph winds. The blockchain rules are encoded in our system to automatically plan, execute, and adjust flights based on the specified airspace parameters. This helps ensure compliance before flight authorization and during flight as conditions change.

There are many ways AI can be leveraged and defined; can you explain a little bit about how AI functions in SkyGrids system and how it adds value to SkyGrids system when compared to other non-AI options out there?

We believe AI is critical to autonomously plan, execute, and adapt flight in our complex, dynamic airspace. Its also the key to ensure drones operate safely and securely.

For example, our predictive AI technology can help ensure drones are safe to fly by analyzing sensor data across a fleet and flagging suboptimal operations. An AI-based approach can more accurately monitor performance to forecast vehicle health and identify impending failures before they occur. If a potential issue is identified, such as a degrading battery, our AI technology can automatically generate a maintenance request and assign the request to a technician upon landing at a facility.

AI-powered cybersecurity, deployed directly on drones in our system, is also critical to protect against malicious activity, such as malware, ransomware, and viruses. In the emerging UAV environment, new security threats will often take the form of previously unseen, zero-day attacks. Traditional anti-malware software, dependent on signatures of known threats, wont be adequate to detect this unknown malware. Instead of relying on an existing threat database, an AI-based approach can learn the DNA of what a malicious file might look like to detect malicious activity and prevent it from executing on a drone.

With all of the concerns out there in the U.S. about data security and drone safety, can you talk about what led you to use blockchain to secure data versus other databases?

Real-time awareness of all unmanned flights is critical to ensure the safety and equity of our airspace. In the wake of an incident, historical flight logs are also critical, but authorities need assurances the data hasnt been tampered by the drone operator or a third party. This will require us to ensure the security and integrity of data exchanged between drone operators, authorities, and service suppliers.

An airspace system built on blockchain technology makes it easy for commercial operators to share accurate flight plans in real time and maintain high standards of auditability. Our blockchain-backed system assigns a unique ID to every drone and maintains a real-time record of each drones status, flight details (e.g., altitude, location, operator), and maintenance history. Each flight log is linked to the previous log with cryptography so they cant be altered retroactively.

The decentralized nature of a blockchain system also provides more security than traditional, centralized storage since theres not one database a bad actor can compromise. This approach enables authorities to analyze flight data and determine a sequence of events with certainty. It also gives organizations a secure, accurate record of their flights to evaluate performance and optimize operations.

Is your Autonomous AI-Driven Cybersecurity capable of protecting drones from spoofing and other types of GNSS tampering?

The use of blockchain technology to register and identify drone within the SkyGrid system combined with our use AI-powered cybersecurity allows us to protect drones from all kinds of attacks, including spoofing and GNSS tampering.

Weve heard a lot about the ways that drones can help during this crisis, but a significant roadblock to fully implementing many of these capabilities, like drone delivery, remote asset management, and large-scale disinfecting missions, is regulation. Do you think systems like SkyGrid can help get us on that path to regulations quicker? If so, in what ways?

Now and in the months ahead, drone technology can help deliver critical medical supplies, disinfect outdoor surfaces, and ensure compliance with local COVID-19 guidelines and restrictions. In the United States, these missions often require a Part 107 waiver from the FAA. The FAA wants to ensure drone operators are equipped to minimize risks in the airspace and manage unforeseen circumstances. However, thats difficult without the right technology in place.

Built on advanced technologies like AI and blockchain, SkyGrids airspace management system can help provide the assurances regulators need. Our intelligent system makes it easy for operators to navigate the complex airspace, comply with the airspace rules, and optimize their drone fleet. Were committed to powering drone operations that can help support businesses, authorities, and first responders during this difficult time.

What are some key takeaways you would want someone interested in your platform to understand about SkyGrid?

Ultimately, we believe the future of autonomous aviation requires a more comprehensive system to ensure the safety and security of our airspace. This requires next-gen technologies like AI and blockchain that traditional UTM platforms arent equipped with today. These advanced technologies can help automate the safest routes, adapt flights as conditions change, and protect against malicious activity. They can also mandate airspace compliance and enable immutable audit trails. At SkyGrid, AI and blockchain technologies are core to our platform, enabling us to solve the industrys biggest challenge integrating drones in the global airspace.

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SkyGrid Leverages the Functionality of Blockchain and AI to Provide Secure and Safe Airspace Management for Drones - Commercial UAV News

IBM launches blockchain network to bolster medical supply chain during COVID-19 – Healthcare IT News

IBM this week launched Rapid Supplier Connect, a blockchain-based network it says can help healthcare organizations, whether hospitals or government agencies, address equipment shortages during the pandemic by helping them find alternative suppliers.

WHY IT MATTERSNorthwell Health, the largest healthcare provider in the state hardest hit by COVID-19, and the Worldwide Supply Chain Federation are two organizations that have joined the network so far, according to IBM.

The goal of the initiative is to help members navigate the challenges and confusion of the pandemicby connecting them to a broader range of suppliers those who exist outside of their traditional supply chain, who have reoriented their processes to producemuch-needed masks, gowns and other personal protective equipment, according to IBM.

A more efficient supplier-onboarding process, with validation checks and inventory information made available in near-real time, is meant to help streamline the process. Suppliers on the network have portable online identity, access to user feedback, and the ability to post and manage inventory availability.

IBM is using the blockchain-based Trust Your Supplier identity platform, from Chainyard, for qualification and identification, in conjunction with its existing Sterling Supply Chain Suite and Inventory Visibility services.

While Rapid Supplier Connect complements existing supply chain networks, buyers also have the option to use the services of CDAX, a third-party paymaster, for a fee.

As part of the initiative, IBM is working with several other organizations to ensure integrity:

IBM says in most instances it takes just 30 minutes to join the network, and its operational support center can help with onboarding. Big Blue will make the tool available at no cost through August to qualified buyers and suppliers in the U.S. and Canada.

THE LARGER TRENDThe coronavirus crisis has presented huge challenges and disruptions to healthcare and other supply chains, in many cases posing big safety risks to frontline care workers who lack sufficient PPE.

Many large and small businesses from outside traditional healthcare procurement processes have stepped in to produce masks, gowns and other essential supplies. But to buy them at scale, healthcare organizations hospitals, state procurement divisions, pharmacies and others need help identifying, vetting and gaining insights into their production capabilities.

With rapid Supplier Connect, IBM aims to offer that help.

Of all the many potential healthcare use cases where blockchain can help with security, integrity, visibility and efficiency, supply chain has long been among the most promising.

This week, Healthcare IT News published a guest post from a nurse and health policy master's degree candidate, who proposed a blockchain-based supply network to help address these critical PPE shortages.

ON THE RECORD"Northwell Health has had adequate supplies to protect patients and our staff during the increase in New York COVID-19 patient cases," said Phyllis McCready, vice president and chief procurement officer at Northwell Health. "It is through creating our own GPOs and supply chain, and joining forces with non-traditional suppliers that we have maintained an adequate stockpile of PPE and other equipment and supplies, so we are pleased to join IBM Rapid Supplier Connect."

Twitter:@MikeMiliardHITNEmail the writer:mike.miliard@himssmedia.comHealthcare IT News is a publication of HIMSS Media

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IBM launches blockchain network to bolster medical supply chain during COVID-19 - Healthcare IT News

Co-inventor of Blockchain on Why He Is Not Satoshi Nakamoto – Cointelegraph

Blockchain co-inventor, Scott Stornetta talks about the origins of the name Satoshi Nakamoto and why he isnt him.

The original Bitcoin (BTC) whitepaper references eight works. One of them is a general book on probability, the rest are foundational to the cryptocurrency space. Three of those works were co-authored by Stornetta. In a 1991 paper, How to time-stamp a digital document, Stornetta and his longtime partner Stuart Haber proposed a decentralized scheme that would allow to certify when a file was created or changed:

We propose computationally practical procedures for digital time-stamping of such documents so that it is infeasible for a user either to back-date or to forward-date his document.

For blockchain history buffs the paper references work by the future Turing award recipient and Algorand (ALGO) founder Silvio Micali.

Many of the principles proposed in this and subsequent papers were later used by Satoshi Nakamoto. However, long before Bitcoin, Huber and Stornetta started their own blockchain network that is considered to be the first of its kind and is still running till this day.

As a recent convert to The Church of Jesus Christ of Latter-day Saints, Stornetta went as a missionary to Japan, which allowed him to become fluent in Japanese and later afforded him a job as a patent translator.

Discussing possible interpretations of the name Satoshi Nakamoto, Stornetta said:

You can buy an entire dictionary that is just about a Japanese name. And so Satoshi could have 20 different kanji that back it up. But I am just naturally inclined to think that satoru is a Japanese word to know, to be wise.

On the other hand, the last name Nakamoto is a very common Japanese name, just like Smith or Johnson. However, if one was to break it down into kanjis, then one possible interpretation would be:

Naka, just obviously means the center of, moto is the origin of.

Similar interpretations gave rise to a conspirological idea that Bitcoin was created by the Central Intelligence Agency.

Although his work and Japanese fluency make Stornetta a perfect Satoshi candidate, he has always unequivocally denied it. Furthermore, he put forward an ideological argument as to why he is not Satoshi:

And so a good deal of our focus went into the ability to perpetually renew the integrity of the record over time so that the records will last for decades if not centuries, and we'll survive quantum resistant computing and all of those things. And that's something that Satoshi gave no attention to whatsoever.

Although he says that he does not know the identity of Satoshi Nakamoto, he ruled out Craig Wright:

I do not think it's Craig Wright, let's put it that way.

Stornetta believes that we should try to understand Satoshis vision for Bitcoin in order to understand how to move forward. Also, he is of the opinion that Bitcoin is rather art, than science:

I am of the camp that believes that what was done with Bitcoin was surely a work of genius. But it's more like a work of art, a work of engineering art that opens the door to a number of possibilities but is in no sense the final or best solution that can be built.

Although Stornetta may not be Satoshi Nakamoto, his work was foundational to Bitcoin and the entire cryptocurrency field.

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Co-inventor of Blockchain on Why He Is Not Satoshi Nakamoto - Cointelegraph

Solving the privacy paradox with blockchain tech – The Paypers

Erik Rind, CEO of ImagineBC, has revealed for The Paypers reader how can blockchain tech enable internet users gain control over their data and favourite music

Over half of Americans are refusing to use some products or services due to personal privacy concerns, according to survey resultspublished on April 14, 2020 by Pew Research Center,a nonpartisan American think tank based in Washington.

In light of this research you would think that we would see Facebook and Google reporting large losses in their subscriber base, but we dont. Why? It's commonly referred to as the privacy paradox, as John Naughton wrote in The Guardian, a dark shadow looms over our networked world. Its called the privacy paradox. The main commercial engine of this world involves erosion of, and intrusions upon, our privacy. Whenever researchers, opinion pollsters and other busybodies ask people if they value their privacy, they invariably respond with a resounding yes. The paradox arises from the fact that they nevertheless continue to use the services that undermine their beloved privacy.

I like to think of the privacy paradox in more simplistic terms. In the iconic movie The Matrix, the main character Neo (Keanu Reeves) is offered a choice by the rebel leader Morpheus (Laurence Fishburne). Morpheus makes Neo choose between the red pill which represents an uncertain future but would free him from the enslaving control of the machines or to take the blue pill, which will return him to his previous state of blissful ignorance.

ImagineBC is a startup technology company that represents the red pill. ImagineBC was started because its founders were unified in their vision that people needed to be offered an alternative to the blue pill being offered by the tech giants. The ecosystem that ImagineBC has created, which we call the Community, offers its users, who we call Members, the ability to take back control of their personal information and more importantly turn that control into monetisation of their personal information, intellectual property, and time.

Started in 2018, ImagineBC began as a mere prototype of a self-service module for a human capital management system (HCMS). The idea was to allow the individual user of the HCMS to have sole control of their key personal information (SSN, name, email, mobile number, banking information, etc.) through use of a distributed blockchain network. Six months into this exercise, we realised that if we wanted to get people to understand that they need to take back control of their personal identity, we were going to need something sexier that an HCMS solution. Thus, the creation of ImagineBC and the idea that it is We the People, who should receive fair compensation for the use of our personal information and intellectual property.

The name ImagineBC comes from the immortal song, Imagine by the late John Lennon. If you are unfamiliar with this hit or cant quite remember the lyrics, pull it up on your mobile and have a listen. Imagine a world with no governments. Lennon understood the world changing possibilities of blockchain technology 40 years before it came into existence. A properly designed ecosystem using blockchain creates a system of trust between peers, thereby eliminating the need for traditional third-party intermediaries in commercial transactions. And so, the name was clear, Imagine + BC = ImagineBC.

ImagineBCs role in the community it created is to act as a mediator of individual data. What this means is that we have harnessed the power of blockchain technology and AI/ML technology into a mobile application, where 90% of all the revenue generated within the community is distributed back to the Members of the community. To put this in its proper perspective, Facebook to match our design would need to distribute 90% of the gross income it earns back its users. I dont see that happening anytime in the near future, do you? This is where people start to say, yeah but what keeps you from becoming the next Facebook. The answer is blockchain and smart contracts. ImagineBC has actually programmed against natural desire by putting the revenue distribution into a smart contract where the terms can only be modified by a vote of 51% of the Members.

The easiest way to explain how the community works is through an example. Say we have a comedian who is tired of giving her intellectual property away for nothing on YouTube, so instead, they create a channel on the ImagineBC platform and decide to charge USD 2.00 for a monthly subscription to their exclusive content on this channel. This is where almost everyone says, Whoa, why should I start having to pay for what I have been getting for free!. The answer is that within the ImagineBC community our Members have the ability to earn what we call free and new money, which we hope they will spend some of on content they are interested in consuming.

New money comes from the monetisation of a Members personal data. Pepsi wants to advertise to you, well inside ImagineBC they will compensate you for the use of your data to find you and for you time to watch the ad. Verizon wants you to complete a survey, same thing, you get compensated. In this scenario Pepsi and Verizon are winners because they still get to target their advertising, but the consumer will have a more positive response to the add because of the increased intrinsic nature of the transaction. The Member wins because they have received fair compensation for the use of their personal information and time. And finally, our comedian wins because they are now being fairly compensated for their creativity. Oh, and of course ImagineBC wins because it made its fixed 10% fee on the transaction.

Of course, there is no such thing as a scenario where everyone wins. So, who loses in this ecosystem? The answer is, the tech giants. In 2019, USD 235 bln dollars was spent on advertising in the US alone. That advertising is target to us based on data collected about us by the tech giants. How much of that windfall did we receive? Nothing! Well, with ImagineBC, the Members would receive 90% of that money.

The final question we typically get asked is, How do you begin to build such as community. Well for ImagineBC the answer is through creators. Everyday you read how the YouTube community is getting more upset with the lack of transparency around how YouTube chooses to compensate contributors. ImagineBC is focusing on existing YouTubers who understand the advantages a platform like ImagineBC gives them towards income generation. Through these early adopter creators, ImagineBC hopes to start building the size of the Member community and enhance awareness of the community. Drip, drip eventually leads to a gusher. ImagineBC has the staying power to keep fighting this fight on behalf over everyone.

Clearly building an ecosystem like ImagineBCs is no easy task. Thats where the red and blue pill come in. The tech giants have no ability to control our free will. If We the People all said enough is enough, as the Pew poll suggests is beginning to happen, and anxiously reach for the red pill, the tech giants are powerless to stop us.

About Erik Rind

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Solving the privacy paradox with blockchain tech - The Paypers

The Role of Blockchain in Reshaping Corporate Audit and Accounting – Accountancy Today

The cryptocurrency Bitcoin started gaining media traction in 2017, which was followed closely by a surge of interest in blockchain, the technology that makes cryptocurrency possible. While financial journals and magazines have devoted columns of space to Bitcoin and other cryptocurrencies, blockchain can have more implications for accounting than enabling cashless and deregulated payment.

It is important to note that blockchain is not an accounting software or finance system, but a way of conveying and verifying data. Information on this technology is stored in a cloud and can be batched or uploaded by blockchain members, or computers and servers that download and install the software.

The information added on the blockchain is customizable depending on the organizations needs. Blocks of information may be added to previous blocks, or reorganized accordingly. It can also fight Distributed Denial of Service, or DDoS attacks. These are hacker attempts to flood a server in order to gain access to secure information. Since blockchains are decentralized, and bandwidth is spread over several members, they can absorb DDoS attacks.

Most important to finance professionals is the ability to display data only to select groups or members. Though different organizations may be part of the same blockchain network, not all are granted automatic access to data by virtue of being connected to other members.

The differentiation between general-use and classified data is valuable for firms with multiple clients on the same network. Though accountants may view the clients data, the latter will not have the same reach of access, and can only see the information that pertains to their account.

Modern accounting hinges upon the double-entry system, with managers collaborating with auditors to check the figures in their books. This is a costly but necessary procedure. With blockchain, accountants will have a more streamlined process of validating data.

Companies can also write transactions directly into a joint register, instead of on separate records based off of verified receipts. This way, managers and accountants have access to one enduring record. Since entries are decentralized and encrypted, it will be near impossible for officers to commit fraud through modifying, concealing, or erasing transactions from the record.

Standardized books would streamline the reviewing process on the most important data of financial statements. This would make the necessary audits less expensive and time-consuming, and auditors could focus on more complex internal control processes.

Blockchain proves the integrity of electronic files through generating hash strings. This is equivalent to a digital fingerprint, which is also timestamped when written into the blockchain. The files provenance can be checked at any time by generating a hash string and comparing it to the one in the blockchain. If the figures are identical, the file was unaltered.

With these capabilities, all documents and accounting processes performed on the blockchain may be readily documented. Entire departments or divisions and their accounting incidents can be represented, promoting financial transparency in the entire company.

Human oversight and review in the auditing process will always be needed, and there will always be a market for supervising processes. Though this may be the case, accountancy is definitely seeing a shift toward automation, augmentation, and the digitization of data.

To get the latest news in the UK, read more stories on business intelligence and insight at Accountancy Today.

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The Role of Blockchain in Reshaping Corporate Audit and Accounting - Accountancy Today

Dole to Integrate IBMs Food Trust Blockchain Into All Divisions by 2025 – Cointelegraph

Dole Food Company, the worlds largest producer of fruit and vegetables, has revealed a five-year plan to expand its adoption of distributed ledger technology, or DLT, for supply chain tracking.

Doles blockchain expansion was announced in its 2020 Corporate Responsibility and Sustainability Report.

Dole first began to explore DLT after joining IBMs Food Trust as a founding member in 2017.

The report announces that Dole will comprehensively overhaul its food tracing systems, including the goal of integrating blockchain-based product-tagging and advanced traceability solutions into all of its divisions by 2025.

Dole already utilizes blockchain throughout its supply chain for salads and fresh vegetables, and has shared its data with select retail customers since 2019.

Blockchain cuts the average time needed for food safety investigations from weeks to mere seconds, states Dole.

Produce thats been logged via blockchain can be instantly tracked back through the supply chain, giving retailers and consumers confidence in the event of a recall, the report adds.

The report states that security measures are built into the system to prevent retailers participating in its blockchain program from exposing valuable proprietary information to other entities in the network.

Dole also announced plans to launch a consumer-facing feature allowing shoppers to scan each package of salad or vegetables to access detailed information recorded across the products supply chain:

Eventually, consumers will be able to scan each bag of salad or package of vegetables in-store to get information about its journey from farm to store shelf.

On April 6, fellow-IBM food trust member, Nestl, announced it would expand its use of DLT to print QR codes on the packaging for its premium coffee brand, Zogas. Consumers can now trace select blends back to farms and roasters in Brazil, Rwanda, and Colombia.

Ethical egg producer, Farmers Hen House, launched a similar program in partnership with blockchain food tracing firm, Bytable. They began printing QR-codes on egg cartons in mid-April that allow consumers to trace the origin of their eggs.

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Dole to Integrate IBMs Food Trust Blockchain Into All Divisions by 2025 - Cointelegraph

YouNow’s Regulated Crypto Project Props Will Migrate to Algorand Blockchain – CoinDesk

The cryptocurrency project launched by video live-streaming platform YouNow is ditching its sidechain and migrating onto public blockchain Algorand.

The move comes as the Props project seeks higher throughput for its continued expansion, according to an announcement Thursday.

Props said it has now raised $2 million in a funding round led by Union Square Ventures (USV) and Borderless Capital that will fund the chain migration. GSR, Lvna Capital and the Dating.com Group also invested.

Props, which has now been spun-out of YouNow, hopes the shift to Algorand will allow it to better scale. Unveiled in 2017 as a way for users to support content creators, some independent projects such as Listia earlier this year have moved onto the PropsChain, citing its functionality and large network of users.

Props co-founder Adi Sideman told CoinDesk the number of users has tripled to more than three million since January. With a new Dating.com integration, the company expects its user base could grow to as many as five million users by May.

The current sidechain, which is on ethereum, "would have difficulties supporting the scale Props is set to reach and required continuous maintenance," Sideman said. "Algorand provides an out-of-the-box solution that handles the usage level and relieves the Props team from the need to maintain a chain themselves."

The migration also means Props can dispense with its own network validators and rely instead on the larger pool of stakers that validate the Algorand public chain.

Props hit the headlines after the Securities and Exchange Commission (SEC) granted the project a Reg A + sale qualification last July, giving it the regulatory green light to raise a maximum of $50 million from retail investors.

The news is the latest in a series of positive developments for Algorand, which has been attracting notable crypto and blockchain projects interested in leveraging the chain's high throughput potential.

Monerium, an Icelandic settlements provider with a European Union e-money license, said it had formed a partnership with Algorand back in January to see if fiat currency transactions can be moved onto the blockchain to create cost savings.

The Marshallese central bank digital currency (CBDC) initiative is also built on top of Algorand. The project's technology provider told CoinDesk at the time that Algorand had the tech stack needed to facilitate fast and secure payments on an everyday basis.

As it looks to capitalize on its momentum, the Algorand Foundation announced just over two weeks ago it was setting aside $50 million worth of Algos, the protocol's native token, for a new fund to finance ecosystem development.

It isn't clear whether Props is still planning on raising money through the retail investor route. A spokesperson said that they could offer tokens in a public sale, under a Reg A, sometime in the future.

EDIT: (May 1, 09:20 UTC): A previous version of this article stated that Props was a wholly-owned subsidiary of YouNow and that PropsChain was a private chain. This has since been corrected. Comment from a Props spokesperson was also added.

The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

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YouNow's Regulated Crypto Project Props Will Migrate to Algorand Blockchain - CoinDesk

Using blockchain to beat COVID-19: Highlights from my conversation with Shane Bigelow – American Enterprise Institute

How can weslow the spread of the coronavirus while maintaining our privacy? Will atest-and-trace app have to track our every move? Shane Bigelow, CEO of Ownumand Vital Chain, joined me on the latest episode of Explain to Shane to discusshow blockchain can help in the battle against COVID-19.

Below is an edited and abridged transcript of our talk. You can listen to the podcast here and read our full discussion here. You can also subscribe to the Explain to Shane podcast on iTunes or Stitcher, or download the podcast on Ricochet.

ShaneTews: Can you walk us through the work? I know you guys put this togetherpretty quickly, but you have a very interesting consortium youre working withthat is specifically Ohio-based, but it probably goes beyond that, so you wantto give us the basics?

ShaneBigelow: Vital Chain is a company that we started underneath our holdingcompany, Ownum. Ownum creates different companies that digitize different vitalrecords. And Vital Chain started, as an idea in our head a couple of years ago,but the basic concept was to digitize birth and death certificates. And whenyou contemplate a birth or death certificate, all it is is a record that amedical professional signed off on that talks about a particular eventoccurring, the event being a birth or a death.

Well you cantransfer that same base technology that weve spent a few years developing anduse it to track any medical event, including receiving an inoculation,vaccination, or antibody test. And that to us is a way that we can provide aservice back to the country to allow for people to have a validation tool ora certification tool is probably a better word a certification tool for thetests that youve received. So on the presumption that mass testing is rollingout, which I think we all have to presume will occur in some way and not aproblem that we necessarily need to solve for on the presumption that masstesting is rolling out, there needs to be a way to certify the results and thatwould make it usable inside of the enterprise world. Because without it, Idont know what people would do. Would they just walk with their test resultsin a manila folder or something like that?

They need away to just have these results certified and to have the results that if youthink about it, theyre only going to last for a certain period of time. Theyneed to be able to time out as well, and pieces of paper cant do that.

Youvealso alluded to having an audit trail, which seems to be part of the goingforward equation where we need to be able to understand how we validate andthen what is the trust mechanism on this. So it seems like you have some reallygood partners that are engaged there and this is a model that can be emulated.So what is your plan? How are you guys going to roll this out?

If you thinkabout it, everyone gets the test and then you get a particular result from thetest. The result could have a variety of options to it. So lets be clear,theres people whove never had the test. So thats one category of people.Theres people that take the test and it turns out that they have the virus. Soclearly theyve got to quarantine and take care of themselves and get the rightmedical care. Theres people that take the test and do not have the virus, butalso dont have the antibodies present. Then theres people that take the test,dont have the virus, and do have the antibodies present. But the antibodiescould range in terms of how significant they are in one person versus anotherbased on a number of factors that the medical community is still quite franklysorting out.

The resultsfrom the test will have to be deployed in different ways. So at first whatwell know for sure, and theres really good science around it, is who has thevirus and who doesnt. Thats the first standard. But clearly if you dont havethe virus at the point you take the test, you could go somewhere an hour, twohours, five minutes later and acquire the virus. So how do you test for that?What use cases can use that data out of the gate? And there are some placesthat could use that data out of the gate. So knowing that the people youreadmitting to your place dont have the virus, if youve properly cleaned yourplace and youre not worried about the virus being carried in, there is utilityto that to start getting the economy going.

As theserological tests advance, and we wind up with a better test to reveal what theantibodies are and agreement in the scientific community, medical communitiesaround what those antibody levels mean, thats when well be able to roll outto the next phase of understanding what everyones antibody levels are and whatthat would permit them to do. So our certification tool will mature as thatscience matures. There are a variety of serological tests that are starting tocome out. I dont think theres uniform agreement in the medical communityaround the veracity of what those tests would imply for your ability to returnto work, or to a plane, or to a sporting facility. That will come, but it willcome in short order. This is all going to evolve very, very rapidly as the masstesting rolls out.

One ofthe examples you shared with me earlier, you and I are both huge fans of Clearbecause it just seems to solve a lot problems. Of course it was solvingproblems different than this prior than a couple of months ago, but I have notused Clear in a stadium. I know that Clear has been rolling itself out instadiums and I imagine theres competitors to it, but explain how this willwork in that environment.

Yeah, so ifyou think about the way Clear works for anyone thats listening and notfamiliar with this, you scan your fingerprints, your irises, and you keep thatinformation inside of Clears database. And then when you go to check in toTSA, instead of having to have the TSA agent verify who you are by looking atyour license, Clear has done that by looking at your biometrics and you getpassed through security considerably faster as a function of that. It workssimilarly with sporting arenas where you can attach your ticket account toClear and instead of scanning your ticket, they scan your irises to get in. Iuse it to go to the Cleveland Indians games and it works fantastically well.Even renting a car, Hertz does it now too.

So whatwould happen is that within the Clear accounts, and to be fair, we haventspoken to Clear yet, but its clear, pun intended, how this would work. Wewould be embedded inside of the barcode that is part of your ticket, whichwould then be, obviously its linked to Clear. The way that were controllingfor privacy, because I think you have to think about privacy in this instance,its not as if the arena needs to have your medical record. That is not the waythis will work. The way it works is that they set a standard for what theyrecomfortable with in letting people back in. We are just certifying that yourtest meets that standard. Were not sharing medical data, were not moving yourdata around. The arena would set a standard that youd have to meet in orderfor them to feel comfortable letting you in and you either meet or dont meet.So it becomes binary that you are allowed in or youre not allowed in.

It wouldwork the same way, by the way, for a barbershop or for your local store. Theywill be able to control their profile and say, Heres what werecomfortable doing. This is America after all, the enterprise shouldcontrol who they want to have in to their business. And certainly this is atool that would enable them to control for the health of the people enteringduring this very different time.

So to useyour barber example. Are they scanning an app? Is that where theyre gettingthis information?

Yeah, soits a great example. So our solution for the barbers is not to imply that theyhave a scanner, right? I dont want small business to have to go out and incureven more expense during a period like this. Instead theyd set up an accountwithin Vital Chain. They could then print off a QR code that as people come totheir facility, theyd use the QR code scanner on their phone, scan that QRcode. It immediately loops into their Vital Chain app and their Vital Chain appsays youre approved or youre not approved to enter this facility. And so thateliminates the technical need for the barbershop to have to have a scanner. Itkeeps it very simple for the consumer. And most importantly, it keeps the data inthe consumers hands. Its the consumers data. Theres no reason why it shouldhave to be shared with every place you want to go enter.

Butcertainly places are going to set standards for how you can enter them and youneed to be able to prove or certify to them that youre able to go in. But youneed to control your own data. And thats the big difference between us andcontact tracing. With contact tracing, its anything but your own data. I thinkwhat people are fearful of with contact tracing is that all of a sudden, Appleand Google find out I was near someone with COVID, they send me an alert and 30seconds later Im also getting advertisements to buy a ventilator. I dont wantthat. I dont want them having that level of knowledge of my health.

I also dont like the concept of being marketed to during this time. I think the fear is there that they would do it. I havent seen assurance that they wont do it, but contact tracing is a very useful tool to figuring out how to eliminate hot spots. So thats my point about this has to work in tandem, right? So we can keep the data private and contact tracing if its done on an opt in basis can be useful to reduce hot spots. Its going to be a myriad of solutions that have to come together to really get rid of this virus and move us back into a state of normalcy.

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Using blockchain to beat COVID-19: Highlights from my conversation with Shane Bigelow - American Enterprise Institute

Overstock Wants to Trade Traditional Stocks on tZERO Crypto App – CoinDesk

Overstock's tZERO is seeking regulatory approval to trade blockchain-based securities and traditional stocks on its bitcoin exchange app, tZERO Crypto.

Announced during the online retail giants Q1 earnings call Thursday, the plan would grant tZERO Cryptos users access to cryptocurrency, security token and traditional stock trading on a single platform, a regulatory feat none have accomplished yet. Overstocks security token trading subsidiary is hoping to become the first to break that ground.

tZERO Crypto is tZEROs noncustodial exchange app supporting bitcoin, ethereum and ravencoin. It is currently separate from tZEROs digital securities trading platform the tZERO Alternative Trading System (ATS).

The securities tZERO wants to trade are still recorded on a traditional central ledger, but a blockchain platform is used to act as a backup record.

Connecting tZERO Cryptos fast-growing but relatively meager use base the app had 6,404 accounts in Q1, a 40 percent increase over the previous quarter to the tZERO ATS would potentially increase liquidity in a security token market that acutely lacks intraday trading volume.

On Thursday, tZERO ATS two listed security tokens, OSTKO and TZROP, changed hands 73 and 4,835 times, respectively, on tZEROs broker-dealer partner platform Dinosaur Financial. In comparison, Overstocks OSTK shares traded 10.5 million times on Nasdaq Thursday.

tZERO Cryptos cohesive trading platform would run on a yet-to-be-approved subsidiary broker-dealer, tZERO Markets. The firm's CEO, Saum Noursalehi, had previously targeted the first half of 2020 for tZERO Markets launch and repeated Thursday that he expected a verdict in Q2 but you can never be sure with regulators.

Once we receive regulatory approval, our app will trade cryptocurrencies, security tokens (including TZROP and OSTKO), and traditional stocks, Noursalehi told CoinDesk. The value of the crypto app users will grow as we add the capability to trade securities on it."

Linking tZERO Crypto to tZERO ATS is one of many user acquisition strategies.

Previous growth gambits appear to be working. That includes Overstocks flashiest: the upcoming digital security shareholder dividend, a plan designed by former CEO Patrick Byrne to plug thousands of Overstock shareholders into the tZERO ATS by wooing them onto Dinosaur Financial with a company security token, OSTKO.

Noursalehi told CoinDesk that Dino has seen a notable increase in investor onboarding ahead of the May 19 dividend payday, though he declined to state how many had signed up. Dino is the only broker-dealer approved to run tZERO ATS out of the six broker-dealers subscribed.

The digital dividend has prompted new broker-dealers to approach tZERO ATS, Noursalehi said. He said tZERO is in talks with about 100 broker-dealers.

tZERO is betting that it can bring more investors onto its ATS by giving them more digital securities to trade. Only two tokens are currently listed but a third is waiting for regulators OK, and some 200 other companies are in late-stage discussions to issue digital securities with tZERO ATS.

We believe that as we get more assets trading, it will attract interest from other investors, Noursalehi said. In particular, as existing digital securities move onto our platform, all of the investors that hold those securities will onboard and become our customers."

COVID-19 has slowed tZEROs march. In the earnings call, Noursalehi said the coronavirus and its ensuing market volatility has made new issuers hesitant to jump in until trading cools down to a more regular clip.

Issuers have largely sidelined trading existing digital securities until market conditions normalize, so tZERO has seen a slowdown in issuers looking to raise capital. That said, conversations do continue, said Overstock CEO Jonathan Johnson during the earnings call.

The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

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Political scientist finds disconnect in Libertarian Party platform, voters – University of Dayton – News Home

University of Dayton political scientist Christopher Devine has written the definitive academic study of the Libertarian Party Americas third largest political party. He documents a growing disconnect between the partys radical platform and the more mainstream, fiscally conservative and socially liberal policy preferences of its rank-and-file supporters.

His research is timely. This week, Michigan Congressman Justin Amash announced that he would run for the Libertarian Partys presidential nomination at next months national convention.

Devine examines the Libertarian Partys history, electoral performance and prospects for growth in the future. In addition, he conducts the first-ever survey-based analysis of party voters and members policy views for Beyond Donkeys and Elephants: Minor Political Parties in Contemporary American Politics. The book, released this spring, is the most comprehensive account ever written of contemporary minor political parties in the United States, according to publisher University Press of Kansas.

The Libertarian Party portrays itself as the third choice for Americans who find themselves dissatisfied with the two-party system not a fringe group of small-government radicals but a mainstream alternative to the Democratic and Republican parties with broad electoral appeal and the potential to emerge as a major party in its own right, Devine writes.

Devines analysis shows that Libertarian Party voters and members are fiscally conservative and socially liberal but not radically so. Essentially, they agree with Republicans on economic policy and Democrats on social policy. However, Libertarians are less likely than Democrats or Republicans to support the use of military force. Yet they hardly qualify as extreme in this regard or even noninterventionist, really, Devine writes.

Libertarians, it would seem, are not nearly as radical as their party platform, he writes. For instance, only 12% of Libertarian Party voters agree that taxes should never be increased.

Devine shows that Libertarians successes mostly have come at the local level. No one running as a Libertarian ever has been elected to federal office, or to any state legislature since 2000. Amashs recent party switch makes him the first Libertarian ever to serve in the U.S. Congress.

Amash is hoping to build on the Libertarian Partys success in 2016, when presidential candidate Gary Johnson appeared on all 50 state ballots and won 3.3% of the national popular vote three times more than the nearest competitor, Jill Stein of the Green Party, and more than any other minor-party candidate since 1996. Devine also notes that in 2016, the Libertarian Party had more registered voters (approximately 500,000) than any other minor party, and won a higher percentage of the vote in U.S. Senate races than at any other point in party history.

To succeed in 2020 and beyond, Devine argues, the Libertarian Party must focus less on ideological purity and more on appealing to the broader electorate with its fiscally conservative and socially liberal message. It could do so by moderating the partys radical platform, and by nominating a credible presidential candidate, such as Congressman Amash -- even if doing so may upset the partys ideological base.

The change that they seek may never come, Devine writes, if Libertarians continue to win only the most votes among losing parties.

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Political scientist finds disconnect in Libertarian Party platform, voters - University of Dayton - News Home

Be Free: A Libertarian Look At The Music Of Kemo The Blaxician – The Libertarian Republic

Kemo the Blaxican is one of the founding members of one of the pioneering Latin rap groups, Delinquent Habits. As a dedicated fan of Blaxicans music, I have noted many of his songs are loaded with messages libertarians will love.

Id like to take you on a journey a sampling of his some jams that speak of liberty in Spanglish.

Thats When She DiedThis song has to be the most Libertarian rap song I have ever heard. It sends a powerful message concerning the abuse of government authority. Kemos lyrics speak of how the American government has betrayed the ideas of individual liberty, which were foundational to the creation of our Constitutional Republic for money and power. The song also samples audio from former Congressman Ron Paul speaking about defending our liberties. How much more Libertarian can you get?

Be FreeThis song is sure to pull on the heartstrings of any liberty-lover as it hits on the foundational beliefs of Libertarians the ability of all people to live free provided they dont hurt anyone else. As the hook of the song says, Kids, be free! Just dont hurt anybody! The song also speaks about making the most of your life instead of wasting it by making stupid decisions. I think its a song Steffi Cole would appreciate as she always reminds everyone to be free at the end of her videos.

U Dont Own MeLike the previous song, this one harmonizes with the heart of Libertarian thought. Self-ownership is a core belief of all Libertarians, and this Delinquent Habits track talks about living how you please and not giving a damn what anyone else thinks. The song samples Leslie Gores 1960s hit of the same name and is a real headbanger with themes centering around self-ownership.

RebelA little rebellion is good now and then. The Blaxican spits hot fire on this number. Calling out the government and media for trying to control the people. Our battle is primarily on the battlefield of ideas as Kemo says in this anthem for liberty, The mind is your gun, the trigger your tongue, fighting for freedom, the war has begun.

Kemo the Black Latino has put some heavily liberty-themed rhymes on wax during his career and continues to make waves in the world of Hip-Hop with his signature Latin style. If you love liberty and rap, Id recommend giving Kemo The Blaxicans music a listen. His rhymes are hotter than Lady Libertys torch!

Image: Tade Bednarz

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What You Need to Know About the CARES Act – The Libertarian Republic

The coronavirus pandemic has created chaos in many sectors, and higher education is not exempt. Fortunately, the CARES Act, a 2 trillion-dollar relief package signed on March 27, included many benefits for students. Understanding what parts of the CARES Act are designed for students and what those benefits are can help you navigate this scary time.

The Educational Stabilization Fund makes up almost 31 billion dollars. It is dedicated to both K-12 and higher education. It gives money to governors who can distribute it as needed in their state. It also includes funds that are passed directly to schools, both K-12 and higher education, without going through the governors of the states. This money is used in a variety of ways. At least half must be used to provide emergency grants to those who have expenses related to the disruption of campus operations. This means the funds can pay for a wide range of things, such as housing, child care, and technology.

You do not need to be in school to see relief from the CARES Act. If you are currently in default, the bill suspends involuntary collections on defaulted student loans. This includes tax refund offsets and Social Security garnishments as well as wage garnishments. If you have Direct or FFEL Loans through the federal government, billing is suspended on those through September 30, 2020. During this time, you will not accrue interest, and the payment suspension will count as qualifying payments for the benefit of those working toward Public Service Loan Forgiveness or who are repaying on an income-based plan. The months of the suspension are also counted as qualifying payments for individuals rehabilitating their default. It is important to note that these benefits do not cover Perkins loans, which are campus-based, and FFEL held by commercial lenders. Private education loans are also not covered by these benefits.

There is a temporary, for the 2020 tax year only, benefit included in the CARES Act. The tax break allows an employer to provide up to $5,250 toward the existing student loan debt of an employee. This is excluded from wages and is not taxed. It is an addition to the existing law that allows employers to provide the same amount to an employees education cost but allows the money to be used for student loan debt. It will expire after the 2020 tax year.

If you are in a situation that is not covered under these existing benefits, there may still be options. There is a provision in the CARES Act that allows for flexibility in the money colleges and universities provide for their students. They can, for example, release work-study funds to students who are unable to work due to closures. They can waive program requirements for pursuing loan forgiveness. They can also refuse to penalize students who may not have made Satisfactory Academic Progress this term and would otherwise be in danger of not meeting financial aid requirements for time limits. There is a good deal of flexibility built into the higher education segment of the CARES Act, so if you are experiencing a particular need, you should reach out to your school for a discussion into how it may be possible to reach a solution.

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Val Sheffield elected to the American Academy of Arts and Sciences – Iowa Now

Val Sheffield, the Roy J. Carver Chair in Molecular Genetics at the University of Iowa Roy J. and Lucille A. Carver College of Medicine, has been elected tothe 2020 class of the American Academy of Arts andSciences.

Sheffield was recognized for playing a key role in constructing human genetic maps and developing efficient disease-gene discovery approaches. This paved the way for the completion of the human genome project and significantly contributed to genetic discoveries in blinding eye diseases, obesity, hypertension, and neurological disorders, potentially leading to noveltherapies.

The American Academy of Arts and Sciences, founded in 1780 by John Adams and John Hancock, is both an honorary society that recognizes and celebrates the excellence of its members and an independent research center convening leaders from across disciplines, professions, and perspectives to address significant challenges. Elected members join with other experts in cross-disciplinary efforts to produce reflective, independent, and pragmatic studies that inform public policy and advance the publicgood.

This year, 276 new members were elected and include notable scientists, artists, scholars, and leaders in the public, nonprofit, and private sectors. Sheffield joins 58 other leaders in the medical sciences specialty. Academy members are nominated and elected by current members and chosen for excellence in their field and a record of continuedaccomplishment.

Sheffield is eager to contribute hisexpertise.

Genetic and genomic data are increasingly being integrated into the practice of medicine. With my expertise in human molecular and clinical genetics and genomics, Im hoping to be a useful resource to the academy, Sheffieldsays.

This is an incredible honor and well-deserved national recognition. We are extremely proud of Dr. Sheffield and his achievements, says Brooks Jackson, UI vice president for medical affairs and the Tyrone D. Artz Dean of the Carver College of Medicine.Given these turbulent times, it is especially gratifying to be able to celebrate hissuccess.

Sheffield joined the UI in in 1990 to perform research and practice clinical genetics in the Division of Medical Genetics for the UI Stead Family Department of Pediatrics. He has spent his entire career at Iowa, where he served as director of the Division of Medical Genetics for 22 years until stepping down in January 2020. He conducts scientific research related to human genetic diseases, however, he has recently converted a portion of his lab to join researchers across the world fighting the coronaviruspandemic.

Since the COVID-19 shutdown, I have switched some of my laboratory personnel to a COVID-19 project. We are trying to devise a simple method for collecting samples from patients for COVID-19 testing that doesnt require nasal swabs (in short supply) or use medical personnel to collect samples. The person being tested will self-collect the sample, thus saving on personnel and personal protective equipment. I am hoping to get FDA approval soon for this method so that it can be used to expand needed testing throughout Iowa, Sheffieldsays.

At the UI, Sheffield trains doctoral and medical students as a professor of pediatrics and a professor of ophthalmology and visual sciences. He also is an investigator for the UI Institute for Vision Research and practices medicine, caring for patients with human genetic disorders. He has co-authored more than 330 peer-reviewed scientific papers. He previously was an investigator for the Howard Hughes Medical Institute (HHMI), from 1998 to2016.

The members of the class of 2020 have excelled in laboratories and lecture halls, they have amazed on concert stages and in surgical suites, and they have led in board rooms and courtrooms, says academy President David W. Oxtoby. These new members are united by a place in history and by an opportunity to shape the future through the academys work to advance the publicgood.

Sheffield attended Brigham Young University, where he earned a bachelors degree in zoology and a masters degree in developmental biology. He received a doctoral degree in developmental biology and a medical degreewith honors from the University of Chicago. He was a resident in pediatrics and fellow in medical genetics at the University of California, SanFrancisco.

His research has been funded by the National Institutes of Health (NIH) for 29 consecutive years, as well as by the Roy J. Carver Charitable Trust. Sheffields honors include the E. Mead-Johnson Award for Pediatric Research and the Lewis Rudin Prize from the New York Academy of Science, and he is a member of the National Academy of Medicine. Sheffield is board certified by the American Board of Medical Genetics and Genomics in both clinical genetics and clinical moleculargenetics.

Sheffield joins the following UI faculty and administrators who havebeen elected members of the American Academy of Arts andSciences:

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Val Sheffield elected to the American Academy of Arts and Sciences - Iowa Now

DNA gives clues into risk of developing Alzheimer’s disease and other dementias – Alabama NewsCenter

Neurodegenerative diseases such as Alzheimers disease, amyotrophic lateral sclerosis (ALS) and frontotemporal dementia can be devastating for patients and families, particularly in cases when symptoms show up in people younger than 65.

More than 5 million Americans are currently living with Alzheimers disease. Another 20,000-30,000 people have frontotemporal dementia and at least 16,000 have ALS. While scientists have some ideas about what causes these conditions, theres a lot of information they dont have, particularly about how a persons genome the suite of genetic material or DNA that theyre born with might affect disease onset.

Now, scientists at the HudsonAlpha Institute for Biotechnology, the University of California, San Francisco (UCSF) and the University of Alabama at Birmingham (UAB) have uncovered a gene that doubles the risk of becoming ill with one of these diseases.

This work would have been impossible without the grassroots support of local Huntsville donors, said Richard M. Myers, PhD, HudsonAlpha president and science director. Being able to do projects like this that address the underlying causes of multiple different neurodegenerative diseases could make a real difference in finding earlier diagnostics and new treatments.

The researchers gathered DNA samples from more than 1,100 people in an effort led by Jennifer Yokoyama, PhD, an assistant professor of neurology at the University of California, San Francisco. About half of these people were healthy, while the other half had Alzheimers disease, ALS or frontotemporal dementia. Then the scientists used a technique called whole-genome sequencing to learn what each individuals genetic code looks like.

With more than one thousand genetic codes in hand, the researchers used computer programs to comb through the sequences and find genetic variants, or things that were different. They determined that people with neurodegenerative diseases were more likely to have variants in a gene named TET2. They discovered this gene after analyzing both the parts of the genome that serve as a blueprint for making proteins, the molecules that do things in the bodys cells, and the parts of the genome that control when and where those proteins get made.

Then, the research team looked at DNA sequences from more than 32,000 healthy people and people with neurodegenerative diseases. They confirmed that the variants they saw in the first 1,100 genomes they looked at were also present in other people with Alzheimers disease, ALS and frontotemporal dementia more often than in healthy people.

Were excited that we did find a new genetic association here, said Nicholas Cochran, PhD, a senior scientist in the Myers Lab at HudsonAlpha.

You never know what genes might show up in a research project like this, but TET2 is exciting. This gene is the DNA blueprint for a protein called TET2, which has already been shown to have a role in maintaining the brains DNA. The researchers think the variants that they found that lead to a non-functional version of the protein might disrupt how the brain ages and contribute to the development of Alzheimers disease, ALS and frontotemporal dementia.

In addition to the generous support of local Huntsville donors to the HudsonAlpha Foundation Memory and Mobility Program, the work, which was recently published in The American Journal of Human Genetics, was funded by the Rainwater Charitable Foundation, the Daniel Foundation of Alabama, the Larry L. Hillblom Foundation, and the National Institutes of Health National Institute on Aging.

About HudsonAlpha: HudsonAlpha Institute for Biotechnology is a nonprofit institute dedicated to developing and applying scientific advances to health, agriculture, learning, and commercialization. Opened in 2008, HudsonAlphas vision is to leverage the synergy between discovery, education, medicine, and economic development in genomic sciences to improve the human condition around the globe. The HudsonAlpha biotechnology campus consists of 152 acres nestled within Cummings Research Park, the nations second largest research park. The state-of-the-art facilities co-locate nonprofit scientific researchers with entrepreneurs and educators. HudsonAlpha has become a national and international leader in genetics and genomics research and biotech education and includes more than 30 diverse biotech companies on campus. To learn more about HudsonAlpha, visit hudsonalpha.org.

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DNA gives clues into risk of developing Alzheimer's disease and other dementias - Alabama NewsCenter

Rare Gene Discovered That Nearly Doubles Risk of Developing a Neurodegenerative Disease – Clinical OMICs News

A multi-institutional team of researchers from the HudsonAlpha Institute for Biotechnology, the University of California, San Francisco (UCSF), and the University of Alabama at Birmingham (UAB), have identified a rare genetic variant that sigifnicantly incresases the risk of developing diseases like Alzheimer disease (AD), amyotrophic lateral sclerosis (ALS), and frontotemporal dementia (FTD).

Finding evidence for a risk factor that contributes to multiple neurodegenerative diseases is exciting, said Richard M. Myers, Ph.D., president and science director of HudsonAlpha, in a press release. We already know that these diseases share some pathologies. This work shows that the underlying causes of those pathologies may also be shared.

The teams research, Non-Coding and Loss-of-Function Coding Variants in TET2 are Associated with Multiple Neurodegenerative Diseases was published April 23 in The American Journal of Human Genetics. For their study, the investigators sequenced and analyzed whole genomes of more than 1,100 people of European descent 435 cases of early-onset Alzheimers disease (EOAD) and frontotemporal dementia (FTD) and 671 controls. They found that rare variation in the gene TET2 nearly doubled the risk of developing diseases like Alzheimer disease (AD), amyotrophic lateral sclerosis (ALS), and frontotemporal dementia (FTD).

The project wouldnt have been possible without extensive collaboration between institutions, said first author Nicholas Cochran, Ph.D., a senior scientist in the Myers Lab. You end up being able to find things that you cant find working alone.

Jennifer Yokoyama, Ph.D., an assistant professor of neurology at UCSF, collaborated with Cochran on technical details and also managed the projects sample collection, the majority of which were collected over decades at the UCSF Memory and Aging Centerand then sequenced and analyzed at HudsonAlpha.

Once they had the sequencing results, the researchers noticed that many of the patients had early-onset versions of neurodegenerative disease, suggesting there would be a genetic component of their illness. During genome analysis, the researchers looked at both coding and non-coding regions of the genome for DNA sequence variants, a strategy that allowed them to be more confident that any possible genes they discovered would be implicated in these diseases

Upon identifying TET2, the investigators then compared their findings with existing genetic data from more than 32,000 healthy people and people with neurodegenerative diseases. This data confirmed that variants in TET2, in both protein-coding and non-coding regions, were more likely to be present in the genomes of people with AD, ALS, or FTD than in people without these diseases.

Given well-defined changes in DNA methylation that occur during aging, rare variation in TET2 may confer risk for neurodegeneration by altering the homeostasis of key aging-related processes, the researchers wrote. Additionally, our study emphasizes the relevance of non-coding variation in genetic studies of complex disease.

Next steps for this continued research will focus on how changes in TET2 levels or function could contribute to aging and neurodegenerative disease.

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Rare Gene Discovered That Nearly Doubles Risk of Developing a Neurodegenerative Disease - Clinical OMICs News