Bobby Labonte lives up to family name with NASCAR Hall of Fame induction – Speedway Digest

The indications were there from that first green flag he took as a little boy growing up in small town Texas. Bobby Labonte was perhaps simply destined to be a winner, a champion. And on January 31, he will officially become a member of the NASCAR Hall of Fame.

Even from those early laps he turned trying out a quarter-midget on a short track near his familys Corpus Christi home, the elementary-aged Labonte left no doubt about his competitive frame of mind or his talent behind the wheel. There was something special there. Unmistakable.

When he first started out in quarter-midgets he was either going to wreck or win, Labontes older brother Terry recalled with a slight chuckle. He was wide open.

He did good though. We had quarter-midgets and I remember the first time my dad made him go out and follow me and he wouldnt even follow me. I was just going to show him the line, but no, he wanted to pass me.

I knew from the start he was going to be competitive.

Competitive and Hall of Fame-worthy. As it turns out, all those years ago on that South Texas short track, Terry was actually watching and guiding a Hall of Famer in traininghis brother.

Bobby Labonte, now 55, went on to become one of the most successful drivers of his generation, earning two national series championships - the Grand National (now NASCAR Xfinity Series) title in 1991 and answering that with the 2000 Cup Series championship. He was the first driver in NASCARs long and storied history to win both titles.

He also earned the prestigious 2001 IROC championship and was the first driver to win races in all three major NASCAR racing divisions Cup (2002), Xfinity (1992) and the NASCAR Gander RV & Outdoor Truck Series (2005) - at a single track (Martinsville, Va.).

In 1994, Bobby won a second Grand National title this time as a team owner with driver David Green.

And now Bobby will formally join Terry, a two-time Cup Series champion, in the sports grand NASCAR Hall of Fame in two weeks. Labontes former Cup Series team owner Joe Gibbs and his former Joe Gibbs Racing teammate Tony Stewart will also be inducted in this Hall of Fame class of high achievement. Joining them are celebrated engine builder and crew chief Waddell Wilson and the late, hugely-popular driver-turned-broadcaster, Buddy Baker.

The Labonte brothers become only the second pair of siblings to be inducted into the NASCAR Hall of Fame, joining Glen and Leonard Wood.

As with the Wood Brothers, the Labonte brothers have a celebrated history now marked with a rare and coveted Hall of Fame exclamation point.

While Bobby Labonte and his wife Kristin couldnt be more genuinely honored or excited to attend the NASCAR Hall of Fame induction gala in Charlotte next month, he admittedly still gets a kick thinking of how he got the big news.

A year prior Labontes first year of eligibility for the Hall of Fame, the couple got dressed up and attended the selection announcement at the Hall. However, Labontes name was not among the five chosen for the 2019 class.

So last spring, for his second year of eligibility, Labonte changed the vibe and opted not to attend the formal Hall of Fame announcement in downtown Charlotte. Instead he and Kristin went for a bike ride at the time the news was to be revealed. The two are avid riders and say it just felt like a good way to deal with the natural tension of a potential life-changing moment.

Were about halfway into our 20-mile ride and I see on my phone which is connected through a little computer on my bike - the word Congratulations as a text message, Labonte vividly recalled. Then all of a sudden, a phone call comes, then another, so we just had to stop on the road and answer the phone and the texts. And I called my mom and dad.

They told me, he continued with a hearty laugh. Youre not the first to call.

Labonte said the pride, the memories and the overall great sense of accomplishment he was able to share with family and friends that afternoon was palpable. After all, so much of his career was family-centric. When his brother Terry eight years his senior - got a chance in NASCARs big leagues in the 1980s, the entire Labonte family relocated from Texas to North Carolina for support.

And it was there that Bobby Labonte really began to flourish, first working in the pits then as a competitor earning that first opportunity to immerse himself and his dreams in the NASCAR culture.

Both Labonte and his father Bob helped work on the Billy Hagan-owned NASCAR Cup Series team that Terry won his first Cup championship with in 1984. But two years later Terry Labonte left the Hagan team to drive for NASCAR Hall of Famer Junior Johnson - and his younger brother and father were let go from the team.

Instead of that being a major setback for Bobby Labonte, however, it really turned into a career send-off.

He and his father worked together to form and fund their own late model team and Labonte began turning heads as he raced throughout the Carolinas earning a dominating 10 wins en route to the 1987 Caraway (N.C.) Speedway track title, which was a huge highlight of that time. With the prize money he began to earn, Labonte was able to fund occasional starts in the NASCAR Grand National series. And before long, his talent and determination turned humble mid-pack showings into championship caliber headlines.

Labonte soon began capitalizing on the increased opportunity and burgeoning confidence.

He fielded his own team fulltime in the Grand National Series winning the 1991 championship over another future NASCAR Hall of Famer, Jeff Gordon. The following year Labonte lost the series title to Joe Nemechek by a heart-breaking three points.

Labontes hard work and impressive results landed him a full-time job with the Bill Davis Racing Cup Series team in 1993. He earned his first career Cup Series pole (at Richmond, Va.) that fall and finished second to Gordon for the seasons Rookie of the Year honors.

In 1995, Labonte was hired by Joe Gibbs Racing to take over for Dale Jarrett in the famed No. 18 Interstate Batteries car. Labonte won his first Cup Series race that Memorial Day weekend in the series longest event, the Coca-Cola 600 at Charlotte Motor Speedway.

He finished runner-up to Jarrett in the 1999 Cup championship and then answered with a mega 265-point edge over the late seven-time champion Dale Earnhardt for the 2000 Cup title. Labonte finished eighth or better in the championship six times in a seven-year span between 1997 and 2003.

Labonte won 21 career races at 11 different tracks and 26 pole positions at 16 different tracks. Notably, his last pole position came in his home state at Texas Motor Speedway.

And he did it competing against a list of fellow Hall of Famers from iconic champions like Earnhardt, Jarrett, Rusty Wallace, Mark Martin and Bill Elliott to Gibbs teammate Tony Stewart and those undoubtedly future selections such as Jimmie Johnson and Kyle Busch.

The competition was tough, Labonte said. It really was in that era.

Of course, highest among that great list of legends that Labonte sparred with on-track will always be his brother Terry. They finished first and second in multiple races.

One of the most noteworthy races for them, however, was 1996 in the Atlanta Motor Speedway Cup season finale when Bobby won the race and Terry, who finished fifth, clinched his second Cup title. They celebrated with a victory lap around the track together.

You cant write it any better than that, Terry Labonte said. That was a pretty special day.

Usually the last race of the year is the only time two people get to go to victory lane and to be able to do that with my brother was pretty special.

In many ways it was the only fitting way to celebrate a family that left such a bold mark on the sport. Some would find it intimidating to have an older sibling excel in the career you shared. But Bobby Labonte was inspired by it and learned from it. And he went on to earn his own stripes and celebratory hardware.

In two weeks, the sport and entire industry will honor Labontes impressive Hall of Fame-worthy accomplishments. And no one will be prouder than his family, who guided, cheered and took great pride in a career well spent and now again, duly celebrated.

I think about how I watched my brother race since I was a kid, Labonte said. We always raced in different divisions growing up so I was always watching his racing, following him. Whatever he did, I was the little brother, I guarantee I was the nuisance brother. But I was always wanting to be like my brother.

So for all this to have taken place with the NASCAR Hall of Fame, in my head, Im thinking I got to be like my brother. That is cool and I never would have thought that would happen and it did.

Its so awesome for our parents. We were all like the steady boat over the high seas. Never drifted.

And now essentially, their family port is the NASCAR Hall of Fame - alongside the best of the best.

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Bobby Labonte lives up to family name with NASCAR Hall of Fame induction - Speedway Digest

Dolittle is muddled CGI chaos with a grotesque irony at its core – The Globe and Mail

Robert Downey Jr. stars in director Stephen Gaghan's Dolittle.

Universal Pictures

The English author Hugh Lofting planted the seeds of his Dr. Dolittle books while fighting in the trenches of the First World War. To distract himself from the horror of war, he wrote to his children with stories of a kindly physician who communicated with animals. Its fitting, then, that Dolittle, a new film based on Loftings most enduring creation, is a kind of smokescreen for its own ostensible subject the primal, enduring bond between animal and human. Pay no mind to the rapid destruction of the planet and the roughly one billion animals that have perished in Australias wildfires. Heres a CGI ostrich that wears stockings.

Whats new in theatres this weekend, including the unforgettable Clemency, unnecessary Bad Boys for Life and unintelligible Dolittle

Director Stephen Gaghan, who co-wrote the script with Dan Gregor and Doug Mand, returns the character to something approaching the books original setting of Victorian England. In a ramshackle cottage in the woods, Dr. Dolittle (Robert Downey Jr.) lives in cheerful squalor with a gaggle of wild creatures, including a nervous gorilla voiced by Rami Malek, a perpetually chilly polar bear (John Cena) and a sage parrot named Poly (Emma Thompson) who narrates the action a necessity given the time-and-space-defying logic of the films plot. Tom Holland voices Jip, a dog whose primary trait is that he wears glasses.

Dolittle has been a recluse since his wife, Lily, a fellow adventurer, died in a shipwreck. In Downeys first post-Marvel project after his role as Iron Man defibrillated his career in 2008, he essentially plays a bemused, brow-cocked version of himself a mushy hybrid of Tony Stark and Captain Jack Sparrow, with an unintelligible accent (Welsh? Scottish?) to add to the confusion. He seems weary of his role even as he stumbles through it and is so often the only living being in his scenes that I found myself taking pleasure in picturing the actor hooting like an ape alone in a room, without the chorus of digitally rendered animals that rounds out the finished product.

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Yoshi the polar bear and Chee-Chee the gorilla accompany Harry Collett's Tommy Stubbins on a journey to save Queen Victoria.

Universal Pictures

Like Beauty and the Beasts title brute, Dolittle finds his festering solitude interrupted by the appearance of a stranger a sensitive boy named Tommy Stubbins (Harry Collett) who arrives with an injured yet feisty squirrel (Craig Robinson). Channelling Mrs. Potts, Poly urges the doctor, You cant ignore people just because theyre people. Tell that to the industry that spawned both this film and Tom Hoopers Cats movies in which your eye is more likely to fall on digital fur technology than anything resembling a human being.

A royal emissary (Carmel Laniado) soon shows up to kick the plot into gear. The doctors presence is requested at Buckingham Palace, where Queen Victoria (a largely comatose Jessie Buckley) is deathly ill. The Queen, it turns out, has been poisoned, which prompts Dolittle, Tommy and a Noahs ark of animals to set out on a journey by sea to find the antidote. On the way, they encounter Lilys father, a pirate king played by the stalwart Antonio Banderas, and the evil Dr. Mudfly (a wonderfully committed Michael Sheen), a black-clad, goateed gadfly with selfish motivations to stop Dolittle and his band of zoological misfits.

The adventure unfolds in a near-literal blur of computer-generated action. Dolittle is about as far as you can get from the storys previous iteration, the late-1990s Dr. Dolittle franchise starring Eddie Murphy. Those films augmented live animals with special effects and jettisoned the source materials historical backdrop for a contemporary American setting. This approach offered a kind of clarity in its depiction of the bond between human and animal. In contrast, Dolittle is so maniacally torn between its central conceit and its tale of peril on the high seas that the animals are reduced to wisecracking helpmeets for the swashbuckling doc. Theres something outrageous, at this particular moment in time, about a fantasy wherein animals eagerly and unquestionably assemble to help save the lives of people.

Equally grotesque is the depiction of animals as essentially human in spirit. When Chee-Chee the gorilla first opens the manors gates to find Tommy, he doesnt bellow like an ape but screams like a man. I found myself recoiling at the sound of that shriek and at the films callous projection of human emotions, fears and facial expressions onto species whose habitats weve been steadily destroying since Lofting first put pen to paper. Sure, this is a movie for kids, but children can and should understand the absurdity of a polar bear whos always too cold.

Its a deeply upsetting irony that as animation technology becomes more photo-realistic, the creatures it conjures become more imperilled. Maybe its appropriate, in a profoundly depressing way, to present children with this artificial fantasy of nature and its inhabitants; its increasingly the only version theyre likely to see. If the muddled plot and aesthetic chaos of Dolittle leaves a bitter taste in your mouth, seek the antidote an episode of Planet Earth.

Opens Jan. 17.

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Dolittle is muddled CGI chaos with a grotesque irony at its core - The Globe and Mail

Hedera Hashgraph CPO: The Adoption Of Blockchain Is Going Faster Than Ive Seen In IoT And AI – Forbes

Lionel Chocron, Chief Product Officer at Hedera Hashgraph, was born in France. About twenty years ago, he came to the US west coast to receive a Masters degree at UC Berkeley, whereafter he eventually took a job working at Cisco. He spent 10 years there focusing on emerging technologyhe ran the Internet of Things business unit at Cisco for yearsand corporate strategy. He then joined Oracle to lead the emerging technology industry solution group, which was focusing on imaging technology, IoT, blockchain, and AI.

He crossed paths in 2019 with the co-founders of Hedera Hashgraph, and grew excited about blockchain technology. At the time, large companies were adopting public ledger tech, and he saw the potential for Hedera Hashgraph to become third-generation distributed ledger technology.

The adoption of blockchain is going faster than I've seen in IoT and AI, said Chocron, noting IoT takes longer due to the need for connecting millions of devices. The time it takes to really get the value on the IoT side is pretty long. On the AI side, you don't have any hardware to install, but the volume of data that you have to be able to analyze to raise the level of insight that your AI machine is giving you, minimizing what the market calls a false positive, is huge. You cannot do it in a few weeks. It takes years and years and volumes of data to be able to train your algorithms. Adoption is great, but it is a game for those who have access to the data to be able to optimize.

Until a company or startup gets these prerequisites to play balleither the hardware for IoT or the data for AIyoure on standby in those industries. With blockchain, its easier than IoT and AI, for, in its journey towards mass adoption, blockchain relies on neither major hardware investment nor on major volumes of data.Now, from proving the value to scaling, says Chocron, thats a different discussion, but at least you can demonstrate the value pretty quickly.

At Hedera Hashgraph, he focuses on enabling small, medium, and large companies to adopt distributed ledger technology. He helps them integrate with the tools and the ecosystem out there today. Blockchain and distributed ledgers are pretty well understood, said Chocron. Everybody knows what a ledger is. When you start understanding a distributed ledger, and you start paving the path of how you can use an ecosystem of companies that are working together and sharing information on the ledger, whether it's a private and public ledger, it clicks pretty quickly and people see the value in it.

Hedera Hashgraph CPO Lionel Chocron at Blockchain Expo 2019 in Santa Clara, California.

Whether or not public ledgers are adopted depends on performance, stability, security, and governance, he says. When I was looking at the first generation and second-generation players, as amazing as they've been, and are doing today in terms of paving a path for a new industry, there were a lot of shortcomings in terms of performance, stability, security, and governance that my customers [at Oracle], the big companies, were seeing as a no-no, said Chocron, with whom I spoke at Blockchain Expo 2019 in Santa Clara, California. The third generation that's coming today is going to address that, he believes.

In order to be adopted by enterprise, a distributed ledger will need to be fully integrated into what companies are doing today, he says. Enterprise is already running use cases on private ledgers like Hyperledger, for instance, so an enterprise-facing blockchain company like Hedera needs to help clients integrate into Hyperledger.

Alongside performance, stability, security, and governance, another challenge for blockchain isnot having a complex and fully matured regulatory environment. The regulatory environment for blockchain is still not fully defined, and not just in the US, but globally, Chocron said. There's enough room for interpretation that it's pretty critical for companies, like we've done, to carefully look at the path in front of us to make sure that we stay aligned with what we believe the regulatory environment is going to be. While companies have been looking at private ledgers, they also see value in a public ledger, and they are also trying to understand the regulatory environment to be able to move in that direction.

Such companies are also trying to wrap their heads around how to use the tech, as was Chocron when he first made the leap from enterprise into the blockchain startup world. Unlike in other startup environments, when you are joining the blockchain industry, you have to deal with the token on-ramps and token ecosystem, such as wallets, custody, etc. This barrier to entry doesnt exist in the traditional startup world.

In the blockchain space, it is actually a pretty big challenge not having had the experience, he said of working with hardware wallets, etc.. This is a learning curve that the industry is going through today.

Besides the regulatory uncertainty and a new stack of technology to learn, the rest of the blockchain industry reflects more traditional ones: This is about building use cases, proving the value, developing, and technology, deploying on a POC, and so forth, said Chocron.

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Hedera Hashgraph CPO: The Adoption Of Blockchain Is Going Faster Than Ive Seen In IoT And AI - Forbes

These are the most in-demand job skills in 2020, according to LinkedIn – CNBC

Blockchain has topped the list of skills bosses are looking for in employees around the world this year, according to professional social media platform LinkedIn.

The record-keeping technology first emerged in 2009 with the birth of cryptocurrency but has since moved on from supporting the use of the likes of Bitcoin.

The ability to store, validate, authorize, and move data across the internet with blockchain means it is now being used to securely store and send any digital asset. The technology also stores a permanent and non-editable record of data entry.

Blockchain was the top priority for employers hiring in the U.S., U.K., France, Germany and Australia, LinkedIn found. Yet it was both first time blockchain made it onto LinkedIn's rankings of in-demand skills and came in first place.

Namrata Murlidhar, marketing director at LinkedIn, said blockchain had emerged from the "once shadowy world" of cryptocurrency to become a "transformative business solution."

Industries outside the financial services sector were increasingly seeking talent with experience in blockchain, she added, including retail, shipping, healthcare, farming and gaming.

LinkedIn measured demand by looking at the profiles of its users, to determine the frequency that people with different skillsets were getting hired.

Cloud computing came in second place, which is the technology allowing data to be stored and managed on the internet. People working in this area would be developing the architecture, design and delivery of cloud systems.

In third place was analytical reasoning - the ability to make sense of data and uncover insights that can help business decisions.

Artificial intelligence (AI), which is the technology developing machine-learning, was the fourth most in-demand area of "hard" skills for employers.

Rounding out the top five was UX design, the focus on users' experience of products, particularly technology.

LinkedIn also ranked "soft" skills the interpersonal qualities employers want most in their staff. The list looked very similar to the 2019 rankings, with creativity holding onto the top spot.

However, emotional intelligence also made an appearance in this year's top five. This is the ability to perceive, evaluate and respond to both your own emotions and those of others.

LinkedIn said this emphasized the "importance of how we respond to and interact with colleagues."

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These are the most in-demand job skills in 2020, according to LinkedIn - CNBC

Blockchain Could Save a Country Billions, Report Says – Chief Investment Officer

If the United Arab Emirates (UAE) successfully implements emerging blockchain technology, the nation could see a plethora of benefits across the board, according to a joint whitepaper by the Centre for the Fourth industrial Revolution and the World Economic Forum.

How the Middle Eastern nation adopts the new crypto technology could serve as a template for other countries, which are eyeing it. The strategy, was launched in recent years to help advance their legislative efforts, to improve the morale of their citizens, and to advance government efficiency. The strategy intends to provide a digital transformation for the UAE.

The government of Virginia is also studying the impacts of blockchain and cryptocurrency, and introduced legislation to form a study group last year dedicated to researching the topic.

For the UAE, the efficiency would occur by the itss reducing printing needs by over 398 billion printed documents annually and saving 77 million work hours annually. Chief among the benefits provided through implementation of blockchain would be the saving of AED 11 billion (USD $3 billion) a year in transactions and documents processed routinely.

The use of blockchain technology will not only allow operational cost reduction but will support the digital security of national documents and transactions, as well as accelerating decision-making processes, the report said.

Small Persian Gulf principalities are serving as proving ground for blockchain. Dubai, under its own blockchain strategy, aspires to become the hub for blockchain intellectual capital and skill development, the report noted.

The report emphasized many challenges the UAE may face in adopting and implementing blockchain technology, as shown by historical examples of other jurisdictions who vied to do the same. The challenges are largely societal issues, and not based on the technology itself.

The reports authors suspect there may be difficulty in aligning the interests of required stakeholders in corporations, service providers and the government. Education of the technology and awareness of its intricacies is also considered to be an important obstacle, as well as unclear regulatory implications.

Survey participants were unified on the opinion that the core challenges in blockchain implementation remain in the operational and regulatory sphere rather than on the technical side, the report said.

The public sector saw education and alignment with stakeholders as the most pressing challenge, whereas the private sectors key concern resonated around regulatory uncertainty, the report added.

Those same issues are propping up in the United States as well. The US Senate last summer held hearings on potential regulatory frameworks for digital currencies. The digital currency and blockchain ecosystem is diverse, and care must be taken in determining what gaps may be present in the existing framework and developing a more comprehensive approach, said US Sen. Mike Crapo, an Idaho Republican

The UAE and Dubais blockchain strategies have so far advanced the development of a thriving blockchain ecosystem within less than three years, contributing towards the nations vision of becoming an innovation-drive economy, the report said.

The government of Virginia is also studying the impacts of blockchain and cryptocurrency, and introduced legislation to form a study group last year dedicated to researching the topic.

Related stories:Blockchain Firm to Pay SEC $24 Million for Unregistered ICO

Senate Holds Hearing on Digital Currencies, Blockchain

Virginia Government Aims to Create Blockchain Study Group

Tags: blockchain, Cryptocurrency, Dubai, emerging technologies, Middle East, UAE, United Arab Emirates

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Blockchain Could Save a Country Billions, Report Says - Chief Investment Officer

Blockchain Can Help Safely Feed The World – Forbes

IBM

Feeding a growing planet will require a great amount of food. Doing it safely and sustainably will require an even vaster amount of data to overcome our uncertainty about who is producing our food, as well as the conditions in the farming and fishing communities that supply our most basic needs.

The world population is expected to reach nearly 11 billion people by the end of the century, up from about 7.7 billion today. To keep up with all that population growth, food production and distribution systems must become significantly more productive even as they become more sustainable. Its the only way to feed the world without harming the earth, making people sick or wasting precious nutrients.

That requires lots of informationdata about the growing conditions that make food healthy and safe to eat, as well data about what happens to all the food along the way. For example, spoilage and waste reduces the global food supply by more than a third, according to the USDA. Each stop in a food items supply chainfrom farm to processor to distributoris an opportunity for it to go bad, whether from exposure to the elements or bacteria or simply because the journey takes too long. When it comes to the intricacies of our food supply, we still have vast gaps in our knowledge.

More and better data can help us fill those gaps. But the truly valuable insights and efficiencies come only when all links in the food chainfrom farm to tableare connected. How, for example, are farmersto know if their apples reached consumers in better or worse shape than last years harvest, given that their customers may be thousands of miles away? And if the apples were bad, whos to say it is the farmers fault, and not the power outage that caught the distributor by surprise, or the retailer who didnt handle the apples properly?

Data can also provide us an opportunity to understand how farms and fisheries operate, and what practices they follow that respect animal wellness and the ecology of our planet. By making this connection, we can directly contribute to these communities health and well-being and make more thoughtful choices about what we consume.

By creating a single version of the truth that all participants in a supply chain can share in a permissioned way, we can begin to answer such questionsand many others. Thats the value of blockchain, a distributed ledger creating a continually updated and indelible data record that tracks every step and transaction in even the lengthiest global supply chains. Blockchain can help us create that single version of the truth, and in so doing can help us improve, expand and secure our food supply in the decades to come.

To get food data thats actually useful, we need to connect all the links in the food chain, a goal increasingly within reach thanks to distributed ledger technology. With blockchain, cross-industry collaborationeven between competitorsbecomes dramatically simpler. Members of these networks can designate who sees what information, and why, allowing them to strike a balance between transparency and trade secrets. Many companies are even using this technology to provide key data to consumers, using the provenance record to foster trust and tell a story about their product.

IBM

Take the example of Terra Delyssa, one of the Mediterraneans leading olive oil producers. The company recently began using IBM Food Trust, a blockchain network, to establish traceability for its Terra Delyssa extra virgin olive oil.

Using Food Trust, Terra Delyssa was able to create two applicationsone for its enterprise partners to track in-depth information and audits, and the other for consumers who simply want to know where the oil came from and how it was produced. Consumers can have greater trust in the product, while Terra Delyssas distributor and retail partners can tap vast swaths of new data about the product and its sourcing, to improve their purchasing and distribution efficiency.

With Food Trusts network at 200 participants and growing, Terra Delyssa is hardly alone in looking to blockchain to solve problems related to data, trust and supply chain integrity.

Through careful collaboration via blockchain, even the most complex supply chains can become more transparent and efficient.

Consider coffee.Most coffee is grown in Latin American or Africa on smallholder farms that are technologically unsophisticated (one study estimated the average size of a coffee farm at only 7.5 hectares, or about 18 acres). Many of the best beans cannot be machine harvested. And members of the supply chain use a patchwork system of technology and notebook systems to track their operations. Coffee quality falls in a vast range, from a lukewarm cup of Joe to premium beans that can retail for hundreds of dollars per pound.

The coffee market, in short, was the perfect candidate for blockchain technology. In field tests in Rwanda and Colombia, a new organization called Farmer Connect established the traceability of beans that were entered into the blockchain ledger, and then used the blockchain to detail each shipments journey.

But putting this idea into practice required uniting players large and small to begin collaborating on a shared system. Despite the logistical hurdles, Farmer Connects vision is already working. Industry leaders like the Colombian Coffee Growers Federation, the J.M. Smucker Company and Sucafina have all joined Farmer Connect and have begun using blockchain technology to share pertinent industry data up and down the supply chain. Through this new collaboration, Farmer Connect will finally make it possible for coffee industry players large and small to collaborate using one shared, trusted set of data.

In earlier, simpler times, people generally knew who was producing their food, milling their grain, making their cheese or cobbling their shoes. But globalization and international supply chains introduced anonymity and uncertainty to the process.

Reversing that trend is the virtue of blockchain. Even at a global scale, the technology has re-introduced the values of trust, traceability and accountability to our communities of commerce.

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Blockchain Can Help Safely Feed The World - Forbes

Blockchain is the top skill for 2020, LinkedIn says – CoinGeek

Blockchain has emerged as the leading hard skill sought by employers for 2020. In its latest report, the professional networking company found that blockchain was sought by employers more than cloud computing, artificial intelligence and UX design.

The annual report on the most in-demand skills by LinkedIn gives a comprehensive look on what employers are on the lookout for from their employees. In 2019, cloud computing led the list of hard skills, with artificial intelligence and analytical reasoning following suit. Blockchain wasnt even in the top ten. However, in a complete change of fortunes, employers are now more interested in those possessing blockchain skills than any other skill.

LinkedIn pointed out that blockchains rise has been aided greatly by its breakout from its traditional financial industry connection and into other industries. Supply chain, gaming, pharmaceuticals, insurance and legal industries are all using the technology. This has opened up more opportunities and led to the skyrocketing of the demand in blockchain skills.

The demand for blockchain skills varies from one country to the next. However, in most leading economies such as the U.S., the U.K., Germany, France and Australia, its the most in-demand skill.

The report stated, The business world, however, is voting with its jobs, and companies seem to be saying that the potential is worth the gamble. Blockchain has become a line of business for a whos who of the corporate world IBM, Oracle, JPMorgan Chase, Microsoft (LinkedIns parent company), Amazon, and American Express, to name just a few. Blockchain is now being used in industries ranging from shipping to healthcare, from farming and food safety to entertainment and gaming.

As CoinGeek reported, while the demand for blockchain skills has continued to skyrocket, the supply has waned. This is despite blockchain jobs having higher pay, with those in the U.S. offering twice the national average. In its Emerging Jobs Report 2020, LinkedIn revealed that blockchain developers were no longer on their list of top 15 emerging jobs. An earlier report by Indeed also found that searches related to blockchain have been on a decline for the past two years. In 2019, these searches went down 53%. In stark contrast, Indeeds portal saw a steady increase in job postings for blockchain-related roles.

The Genesis protocol upgrade on February 4, 2020 is a monumental step in the history of Bitcoin, and will see BSV returned as close as possible to the original protocol as envisioned by Satoshi Nakamoto. Visit theGenesis Hard Fork pageto learn more.

To receive the latest CoinGeek.com news, special discounts on CoinGeek Conferences and other inside information direct to your inbox, pleasesign upfor our mailing list.

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Blockchain is the top skill for 2020, LinkedIn says - CoinGeek

LinkedIn: Blockchain beats AI and cloud computing for hottest skill in 2020 – The Next Web

Bitcoin isnt exactlyen voguein 2020, but its underlying technology (blockchain) is apparently still cool.

At least, thats according to employment service LinkedIn, which listed blockchain as techs most sought after hard skill this year.

A LinkedIn blog published last week notes that blockchain is the most in-demand skill in the United States, the United Kingdom, Australia, France, and Germany more popular than cloud computing, artificial intelligence, and UX design.

Blockchain has emerged from the once shadowy world of cryptocurrency to become a business solution in search of problems, said LinkedIn. Which means that you dont have to be in financial services to be seeking new hires who have background and expertise in putting blockchain to use.

The Microsoft-owned company then urged recruiters to start familiarizing themselves with how blockchain works and what its perceived benefits are.

[] Companies seem to be saying that the potential [of blockchain] is worth the gamble, LinkedIn continued. Blockchain has become a line of business for a whos who of the corporate world IBM, Oracle, JPMorgan Chase, Microsoft (LinkedIns parent company), Amazon, and American Express, to name just a few.

LinkedIn explains that there are two different kinds of skills: hard and soft.

Hard skills are those that pertain to an employees aptitude for executing specific tasks, mostly technical abilities and specialized knowledge. For software developers, proficiency in the C++ programming language would be a hard skill.

Soft skills relate to the way in which those employees perform those tasks. How one behaves, how they think, and their cognitive skills are all examples of soft skills.

While soft skills are difficult to measure, and perhaps harder to learn, LinkedIn did offer some advice to those looking to break into blockchain this year: learn the programming language used to write Ethereum smart contracts, Solidity.

In November last year, Hard Fork reported that job vacancy site Indeed had noted decreasing candidate interest in blockchain-related roles, but that employer demand in the industry had skyrocketed.

So, while it might be relatively difficult to make money from investing in or trading cryptocurrency this year, working with its underlying tech still seems mightylucrative for now.

[H/T Bitcoin News]

Published January 13, 2020 12:24 UTC

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LinkedIn: Blockchain beats AI and cloud computing for hottest skill in 2020 - The Next Web

UAE Can Save Over $3B by Deploying Blockchain, New Research Reveals – Cointelegraph

The deployment of blockchain technology can save the United Arab Emirates (UAE) more than $3 billion, according to new findings.

The findings were revealed in a white paper entitled Inclusive Deployment of Blockchain: Case Studies and Learning from the United Arab Emirates, Emirates News Agency reported on Jan. 15.

The paper was prepared by the Centre for the Fourth Industrial Revolution UAE a multi-stakeholder operation focused on science and technology the Dubai Future Foundation and the World Economic Forum.

The white paper aimed to understand the current level of blockchain application, key challenges and success factors associated with the technology. More than 100 organizations from over 60 governmental and non-governmental entities that already use blockchain participated in the study.

The vast majority 80% of the surveyed government entities named early-stage identification of applicable blockchain solutions as the most important factor in deploying the technology.

For large organizations, the success of blockchain deployment relied on a clearly defined scope, roles and responsibilities within projects.

As for the public sector, education and alignment with stakeholders appeared to be the most critical challenge when it comes to blockchain implementation, with the private sector noting regulatory uncertainty as a key concern.

By integrating blockchain into their operations, the UAE government can also drastically reduce paperwork, eliminating 398 million printed documents and 77 million work hours per year, the analysis stated.

With reported 80% of public and private sector entities already using blockchain, the UAE has apparently dove headlong into the sector. The UAE, along with both Bahrain and Saudi Arabia, is leading the charge when it comes to positive crypto and blockchain legislation. As blockchain author Sukhi Jutla previously told Cointelegraph:

The UAE has been smart enough to understand that this innovation will grow in years to come and they dont want to miss it. I wouldnt be surprised if the UAE becomes the leading nation in this space just as they did with the oil and property space."

Over the past several months, the UAE has launched a number of blockchain-related initiatives, including the Digital Silk Road which aims to digitize the trade process, the development of the country's first financial document exchange platform based on the tech, and the Silsal blockchain project with the objective to provide greater security, transparency and efficiency in shipping and logistics.

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UAE Can Save Over $3B by Deploying Blockchain, New Research Reveals - Cointelegraph

NBA Team Auctioning Basketball Star’s Jersey on Ethereum Blockchain – CoinDesk

The Sacramento Kings will auction off starting guard Buddy Hields jersey from Wednesdays game against the Dallas Mavericks using a blockchain-powered marketplace.

Working with ethereum project incubator ConsenSys, the Kings said Wednesday it would be live-auctioning team memorabilia using an ethereum-based platform operated by Treum, a supply-chain product. The platform will be used to verify the provenance of athletic collectibles, with auctions running during and after NBA games.

The platform will help ensure all items being sold are authentic, said Tyler Mulvihill, Treums co-founder.

We've seen time and time again and instances of this exact problem, right? This is the jersey, [is it] real, was it game-worn, how do I know? he said. Were working with the Kings to solve each and every one of those problems.

He told CoinDesk in a phone call the platform wants to heighten fan experiences, noting that a relatively small number of basketball aficionados are able to make it to games at present.

"We wanted to create an application that does something real right now, [that] adds enthusiasm, said Bradley Feinstein, head of business development at ConsenSys. Fans can "participate live in the game [and] ultimately give them this experience where they can participate with verifiable proof. [They] understand that what they are about to get is real.

If the Buddy Hield game jersey auction is successful, here's how future auctions will work: During home games, Kings fans can bid on gear worn by players on the team. Each auction would run from right before tip-off to 11:59 p.m. Pacific Time, with all items authenticated and recorded on Treum. A digital token that will contain data detailing the game, season, player and timestamp will represent proof-of-ownership for items, and will be held by the items owner.

Proceeds from auctioning Hields jersey will benefit the victims of 2019's Hurricane Dorian (Hield grew up in the Bahamas) while proceeds from future auctions will generally go to the Sacramento Kings Foundation.

Kings Chief Technology Officer Ryan Montoya told CoinDesk the move is only the Kings latest foray into blockchain, noting that the team has accepted bitcoin since 2014 and offers other blockchain-based fan experience products.

Calling ConsenSys the Andreessen Horowitz of crypto, Montoya said the new auction platform is going to transform businesses, economy.

We just want to be a part of it and share this with our fans, he said.

The NBA is strictly overseeing memorabilia from its teams, said Ian Wheat, the team's director of innovation and esports. The Kings chose to use a blockchain as part of an effort to promote transparency around how the items entered the market and help verify authenticity in secondary markets.

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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NBA Team Auctioning Basketball Star's Jersey on Ethereum Blockchain - CoinDesk

This week in tech: Blockchain tops the list of in-demand skills – CoinGeek

Blockchain has spread its wings to virtually every other industry in the world, and this is driving demand for talented blockchain developers through the roof. According to a study released this week, it topped the list of the most in-demand skill globally. The study by LinkedIn attributed the rise to the diversification of the technology from financial services to other industries. The fete is even more incredible given that blockchain didnt crack the top ten skills last year.

Blockchain adoption was also in high gear, starting in Switzerland where a real estate company tokenized a $134 million property. BrickMark investment company issued bond-backed tokens which represent shares in the building. The tokens are only available to accredited investors who will get to earn income from the rent as well as any rise in the buildings value.

The week also saw IBM expand its blockchain efforts, joining hands with one of the largest olive oil producers in the southern Mediterranean. CHO joined IBMs Food Trust Network, which it will use to trace its Terra Delyssa virgin olive oil. The company will trace the oil from the farms where the olives are grown through the supply chain to the final consumer.

In Africa, a utopian crypto-powered city could be on the horizon. Global superstar Akon this week announced that the final plans for the crypto city were in place. The city will be powered by blockchain technology and transactions will be made in Akoin, a native crypto. There are glaring gaps however, such as the lack of a whitepaper for the project, which Akon must address if this real-life Wakanda is to become a reality.

Over in the Philippines, the government wants to build Asias Crypto Valley, and Japan is willing to help make this dream a reality. The two countries believe that blockchain technology, especially when applied to tokenization, has a great role to play in Asias future. The Filipino government also intends to construct an $80 million airport to connect the crypto valley, citing investors demand.

Huobi crypto exchange this week joined the Blockchain Turkey Platform, a cross-industry organization to harness the power of blockchain technology. The exchange has been operating in Turkey for half a year now and becomes the first major exchange to join the organization which consists of tech firms, banks and financial institutions, venture capitalists and the crypto industry.

Still in Asia, the Malaysian government has laid down guidelines for the ICO and IEO sector. Securities Commission Malaysia published the guidelines this week, requiring ICO and IEO issuers to register with the regulator beforehand. The rules also impose a $24.5 million cap on the offerings, but allow participation from both retail and institutional investors.

Blockchain and cryptos have for long been portrayed as bad for the environment, but this week, one big industry player was doing its bit to conserve it. Bitfury partnered with the United Nations on a project that seeks to plant 20 hectares of trees in Kazakhstan. The forestland is estimated will offset the companys carbon footprint by 110%.

Finally, Libra, the Facebook project that you thought had died off, has established a new committee to guide its technical development. The Libra Association formed the five-member team to guide the development of Libras code, implement a technical roadmap for the project, direct the research and engage the Libra community. Diogo Monica, the founder of Anchorage and Nick Grossman, a partner at Union Square Ventures are among the members.

The Genesis protocol upgrade on February 4, 2020 is a monumental step in the history of Bitcoin, and will see BSV returned as close as possible to the original protocol as envisioned by Satoshi Nakamoto. Visit theGenesis Hard Fork pageto learn more.

To receive the latest CoinGeek.com news, special discounts on CoinGeek Conferences and other inside information direct to your inbox, pleasesign upfor our mailing list.

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This week in tech: Blockchain tops the list of in-demand skills - CoinGeek

Blockchain Will Be Most In-Demand Hard Skill in 2020: LinkedIn – Cointelegraph

Blockchain will be the most in-demand hard skill in 2020, according to a new study by the educational subsidiary of professional social network LinkedIn.

A newcomer to LinkedIns annual list of top-demanded hard skills, blockchain now tops the list of the most-needed skills in 2020, according to a LinkedIn Learning blog post on Jan. 13.

In 2019, blockchain-as-a-skill overtook major hard skills including cloud computing, analytical reasoning, artificial intelligence (AI), and user experience (UX) design, becoming the number one hard skill in demand among global employers in 2020, according to LinkedIn Learning.

In contrast, a similar list of skills provided by LinkedIn Learning for 2019 does not include blockchain technology at all. Titled The Skills Companies Need Most in 2019 And How to Learn Them, the list ranks cloud computing as the most in-demand of that year. In order, other top hard skills in 2019 included AI, analytical reasoning, people management and UX design.

Top 10 hard skills companies need most in 2020. Source: LinkedIn Learning

As noted in the post, demand in the recent study was defined by analyzing skills that were in high demand versus their supply. Specifically, demand was measured by identifying the skills listed on the LinkedIn profiles of people who were employed at the highest rates.

The study only analyzed cities with 100,000 LinkedIn members, the blog post notes.

As opposed to soft skills, hard skills refer to an employees ability to do a specific task and include specialized knowledge and technical abilities such as software development, tax accounting, or patent law expertise. Meanwhile, soft skills refer more to the way those tasks are done how employees adapt, collaborate, solve problems and make decisions.

In the blog post, Linkedin outlined the immense potential of blockchain technology in terms of providing a cost- and time-efficient, secure and decentralized method of tracking transactions of all types.

It emphasized that a number of high-profile global firms such as IBM, Oracle, JPMorgan, Amazon as well as LinkedIns parent firm Microsoft have been actively implementing the technology. The post advises global recruiters to start becoming more aware of blockchain technology:

Blockchain has emerged from the once shadowy world of cryptocurrency to become a business solution in search of problems. Which means that you dont have to be in financial services to be seeking new hires who have background and expertise in putting blockchain to use. So, recruiters should start becoming familiar with how blockchain works, what its perceived benefits are, and who are the people best suited to help your company explore where this budding technology might have a role.

LinkedIn has previously outlined the importance of distributed ledger technologies like blockchain. Earlier in 2019, a LinkedIn Asia Pacific report listed blockchain among the most demanded skills in the coming years as part of its regular feature The Future of Skills.

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Blockchain Will Be Most In-Demand Hard Skill in 2020: LinkedIn - Cointelegraph

Whats in Store for Blockchain and Crypto in 2020? – CryptoNewsZ

As we launch in the brand new year- 2020 of the brand new decade, it deserves some exciting introspection to see what it has in store for us. The evolution of the crypto sphere in the last decade cant be ignored, and the same evolution lays the foundation of the promising New Year. In this article, we will see what is in store for blockchain and crypto in 2020.

Looking at 2019, Granter points at trough of disillusionment. As per Granter last year, the crypto sphere has a reality check on its potential, real facts, public response and pace-matching with the mass adoption and of the blockchain technology. The concept revealed that a sense of maturity is still needed to make use of the full potential of blockchain technology fully.

In 2019, many companies and industries were still toying with the potential of the technology, whereas only a few real-world use cases surfaced. This experimentation era leads to the shut-down of many start-ups.

The experience has stream-lined the perspectives, expectations, and approaches towards business in the crypto sphere. The inclination has now shifted from experimentation to more practical, useful ambitions. This inclination, as per Granter Hyper Cycle, will design the crypto sphere in 2020, which will lead to a completely scalable blockchain domain in the next three years. The pragmatic approach will pay a good farewell to the small scale proof-of-concept style of work.

In 2020, as discussed above, an inclination towards operational real-world use cases should be expected. The main areas of focus for the new year, as per market predictions, are- development flexibility, interconnectivity, and operational domain.

The blockchain technology, its implementation, user-interaction are expected to have a more realistic approach. This will lead to strategic development backed by strong research and awareness. The blockchain projects can be expected to burst the bubble of ideal experimentation la-la land.

A shift from R&D-type exploratory proof-of-concept (PoCs) and inclination towards the end-to-end process can be expected. Implementation of the blockchain technology will improve massively. This can lead to a stronger bond between traditional industries and blockchain technology.

Also, the debate between the public and private blockchain will only get further stirred up. It will stay like that for a while and will eventually settle-down. There will be more completion between the several blockchain platforms leading to the adoption of hybrid blockchain solutions.

Market analysts predict that the finance industry will keep leading the blockchain adoption. With the expected fine-tuning of the blockchain industry, the blockchain industry will take over many sectors of society. It is anticipated that especially the banking and the finance industry will surpass the past reluctance towards the blockchain industry and will rather start embracing it. Reports suggest that the new year 2020 will see the blockchain technology to become an integral part of the in-production process of many finance institutes.

The advantages of blockchain technology such as transparency, time-stamped transactions, security for both the users and the institutes, the privacy of the users, inexpensive cross-border transfers, almost instant transactions, etc will be celebrated on a grander scale in the new year by the finance industries.

Good things take time. This saying will stand true when it comes to an acceptance of the crypto and the blockchain technology from the non-financial companies. As opposed to past strong repulsion, the non-financial industries are expected to reconsider their take on the blockchain technology and the cryptocurrency. The New Year will pose the question of how the new technology can be used constructively in their businesses rather than just seeing it as a pure element of disruption.

With the advancements and the use-case maturity of the blockchain technology, it is very likely that it will find a fit in the non-financial industries in this new decade. The advantages of blockchain technology such as transparency, time-stamped transactions, security for both the users and the institutes, privacy of the users, inexpensive cross-border transfers, almost instant transactions, etc. can be an attractive hooking point for such industries to start embracing the blockchain technology.

2020 is expected to be a challenging time for start-ups to gain support. It will not be as easy as it was in the last few years. This will raise a question on their survival. Only those start-ups will see the light at the end of the tunnel, which will offer unique, real-world solutions. As the inclination will tilt towards pragmatism, so only those start-ups will survive, which will prove their mettle.

In the past, the success-formula was repeated by many start-ups. One solution was offered in many versions. This new year onwards, this practice will take a shocking halt, and original creative ideas will be expected.

The token market will spin in 2020, and many tokens will get delisted from the market. Reports suggest that there are around 2500 tokens currently active in the market, but as we will walk through the next twelve months, this number is expected to be distilled to mere 1000 active tokens.

The reason is simple- thorough professionalism. The elevated levels of KYC and AML processes, background checks of companies, checking of the purpose and the relevance of the token in the market, the platforms on which they will be offered, etc.; all of such considerations will tighten the entry of any new token and will decrease the number of the current inactive tokens.

Overall, we will get to see the blockchain industry to become more mature and evolved in this New Year and the coming years. The blockchain industry is expected to earn trust from governments from all over the world. The question is just not limited to 2020, but the future of the blockchain technology and crypto industry can lead to many interesting developments such as a whole new internet of blockchains in the next few years. Blockchain and the crypto industry has come a long way from the initial obscure cloudy formation years. As of now, its development is in a highly active stage where it is producing amazing results and is still expecting many beautiful possibilities.

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Whats in Store for Blockchain and Crypto in 2020? - CryptoNewsZ

Decred Team Lead: Blockchain is a part of Africas future – FXStreet

In an interview with CoinDesk, the founder of Feleman Limited, Akin Sawyerr, said that decentralized finance and governance can rebuild economies all over the world. Feleman is an Africa-focused impact investment and advisory firm based in Washington, D.C.

He said:

I have geographical purview over Africa. So a lot of what I've been working on is identifying opportunities around Africa. One of the big challenges you see across Africa is governance. And wherever you have weak governance you have more transaction costs. We believe that cryptocurrencies and crypto networks will have a lot of applications across Africa.

He pointed out that weak governance makes it harder to get things done, which is why Decred, a cryptocurrency known for its governance principles has gained a lot of attention.

We're sort of at the point where people appreciate the methods of governance at Decred.

Sawyerr expects places like Africa to be early adopters of blockchain-based governance solutions.

There's just more value in going into these environments.

.

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Decred Team Lead: Blockchain is a part of Africas future - FXStreet

Blockchain Firm BitFury Partners With UN on Forest Project in Kazakhstan – Cointelegraph

Blockchain development firm Bitfury is set to partner with the United Nations Development Programme (UNDP) on a project to conserve and increase Kazakhstans forestland.

As the Astana Times reported on Jan. 14, the project aims to help the country to reduce its greenhouse gas emissions by 15% over the coming decade to meet its commitments in the 2016 Paris Agreement.

Bitfury and the UNDP are poised to sign an agreement later this month with the Kazakh Ministry of Ecology, Geology and Natural Resources to create a forestland in the nations Pavlodar Region.

The project will start with the goal of creating 20 hectares that will consume the carbon dioxide generated by the local coal-powered electricity providers to fuel Bitfurys operations. It is hoped that this will offset Bitfurys carbon footprint by 100110%.

As the Astana Times notes, while Kazakhstan currently owns 29 million hectares of forest, most of it faces the threat of illicit forest fires, logging and changes in land-use.

Meruyert Sarsembayeva, a financial mechanism expert at the Biodiversity Financing Initiative (BIOFIN), told reporters that only a portion of the 29 million hectares is protected, while other lands remain excluded from the state forest fund. Sarsembayeva explained:

We will work with forests that are not being considered and managed. It is exactly these forests that are threatened by the forest fires and illnesses. If they are not legitimized and transferred to the state forest fund, it may lead to that, they will produce even more emissions.

Bitfury and the UNDPs carbon reduction initiative comes under the umbrella of BIOFIN, as part of the latters work to improve forest management practices through changes to legislation and to raise public awareness about emissions reductions.

BIOFINs work globally helps various countries to assess their spending on biodiversity and to strategize their approaches to funding to achieve green goals.

With UN support, Kazakhstan has already reduced its annual energy consumption by 2545% over the past five years via a pilot focused on heating residential buildings. The country aims to derive 50% of its energy from sustainable sources by 2050.

Yakup Beris, UNDP Resident Representative in Kazakhstan, has reportedly told the UNDP press service that the Bitfury-UNDP-BIOFIN project represents:

The first carbon reduction initiative for Kazakhstan [...] we hope that it will accelerate the countrys efforts to reduce carbon dioxide in partnership with the private sector. These practical solutions will require institutionalization and expansion.

As Cointelegraph reported in fall 2019, research published by the New Scientist has challenged the perception that Bitcoin (BTC) mining is irreconcilable with tackling climate change, pointing to the misleading assumptions that underlie some of the more alarmist reporting and studies on the matter.

In correspondence this week with Cointelegraph, Bitfurys Head of Renewables, Samy Biyadi, contended that:

Cryptocurrency mining is excellently suited for countries that want to transition into green economies. Contrary to public perception about its negative effect on the environment, cryptocurrency mining can help advance the adoption and growth of renewable energies by incentivizing investment in these assets.

Before this, several energy specialists had critiqued the perception that high energy consumption is Bitcoins Achilles Heel, arguing in favor of shifting the debate away from energy consumption and towards where that energy is produced and how it is generated.

Last June, a study found that 74.1% of Bitcoin mining is powered by renewables.

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Hong Kong Blockchain Week 2020 to feature International Leaders of Finance and Technology – Yahoo Finance

With support from the Hong Kong government community, industry leaders from across the world will converge to define the future trends of blockchain technology application, regulations, investment, market and industry development.

HONG KONG, Jan. 16, 2020 /PRNewswire/ -- The 2nd Annual Hong Kong Blockchain Week 2020 hosted by The NexChange Group will be held between the 2nd and 6th of March, 2020. The conference enjoys significant support from the region's authorities.

Hong Kong Blockchain Week 2020 / 02 - 06 March

Organisations and quangos that have partnered up with HK Blockchain Week to support the community include Hong Kong Science and Technology Park (HKSTP), Hong Kong Productivity Council (HKPC), Hong Kong Applied Science And Technology Research Institute (ASTRI), Asia Securities Industry & Financial Markets Association (ASIFMA), Fintech Association of Hong Kong (FTAHK), Singapore Blockchain Association, MIT HK Innovation node etc.

The core event of the week is the Block O2O Global Summit, hosted by The NexChange Group and Cyberport and held at Ocean Park Marriott Hotel in Hong Kong on the 3rd and 4thof March. The conference is set to be an ideal platform to carry out prolific discussions about the range of applications blockchain technology can offer across different industries.

Attendees will delve into the various aspects like:

Speakers featured on the event agenda throughout the week:

About NexChange: NexChange Group is a venture innovation and media platform specializing in Blockchain, FinTech, HealthTech, AI, and Smart Cities.

Juwan Lee, Chairman of NexChange: "Hong Kong Blockchain Week bridges many industries with the help of blockchain technology and the opportunities it has brought. We expect to bring together those who decide the future of these industries today: investors, governments, media, and entrepreneurs from around the world."

For more information on the speakers, agenda, side events and partnerships, please visit http://www.hkblockchainweek.netor contact: info@nexchange.com

"PR Newswire is the 'Official Press Release Distribution Partner' of Block O2O Blockchain Summit 2020 and Official Hong Kong Blockchain Week 2020"

Photo - https://photos.prnasia.com/prnh/20200115/2693187-1

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Hong Kong Blockchain Week 2020 to feature International Leaders of Finance and Technology - Yahoo Finance

BTC Miami Blockchain Conference Kicks Off Its Seventh Year – Bitcoin News

On January 16, The North American Bitcoin Conference (TNABC) opened its doors at the James L. Knight Center in Miami for its seventh year. The conference was filled with hundreds of crypto enthusiasts, exhibits, and well known speakers from the blockchain industry.

Also Read: Grassroots Bitcoin Cash House Movement Expands to Ghana

BTC Miami, the popular blockchain event hosted in beautiful downtown Miami, has kicked into high gear as the James L. Knight Center filled with crypto and blockchain supporters from all around the world. Thursdays opening remarks started with TNABC host Moe Levin and the city of Miamis Mayor Francis Suarez. The mayor discussed blockchain and crypto innovation within Miamis borders in order to establish the city as a hub of innovation. Suarez also announced that this week was an officially recognized event by the city called Blockchain Week Miami.

The official concluded his talk by presenting Levin with a certificate from the city. Following Suarez, Bobby Lee, the founder of the wallet card Ballet, discussed how people can make digital currencies more accessible and referenced the cold storage Ballet card. TNABC attendees heard from bnktothefuture.coms Simon Dixon, Veriblocks Justin Fisher, and a climactic mid-day speech from blockchain investor Brock Pierce. Pierce explained how crypto solutions and blockchain could transform the world for the better.

The exhibit hall was filled with TNABC attendees checking out all the companies showcasing platforms, devices, and artwork. Bitcoin.com gave away bitcoin cash-loaded Golden Ticket scratch-offs, after having people download the Badger Wallet. After that step, people swept the QR code on their scratch-off ticket, in order to reveal their bitcoin cash (BCH) reward. Then the user had to join the special Telegram group Bitcoin.com created to post their SLP address. When the conference convenes on Friday, people who swept their Golden Tickets will get some special SLP-based Miami Conference tokens airdropped for participating.

The Miami Token can be exchanged at the Bitcoin.com booth for special rewards. The Bitcoin.com booth was busy with people learning about peer-to-peer cash and the innovation behind the Simple Ledger Protocol.

A few members of the SLP development team were in attendance as well including SLP engineer James Cramer. Speaking with news.Bitcoin.com, Cramer gave his thoughts on the crypto conference in Miami.

The conference has been great so far, Cramer told news.Bitcoin.com. Meeting with people face to face that you speak with on the internet. You can do video conference calls and things like that, but meeting people face to face is way better. The developer also talked about TNABC participants asking the developers about SLP tokens.

We made new bright green t-shirts that say slp.cash with the SLP logo. People are asking about SLP and they are super interested I think people are open to trying the Simple Ledger Protocol, Cramer said.

Other booths included Edge wallet, Crypto.com, Bitangels, Tradestation, and the Crypto Playhouse. TNABC featured unique artwork as well from crypto artists like Fractalencrypt, Sergey Gordienko, and Lucho Poletti. After lunch, TNABC participants watched a panel on cryptocurrency regulations and law. Additionally, during the remainder of the afternoon, people listened to talks from Edge Wallets Paul Puey, crypto pioneer Nick Spanos, Binary Financials Harry Yeh and closing remarks from TNABC host Moe Levin. During the event, news.Bitcoin.com spoke with Levin and asked him what he thought about the seventh annual TNABC conference.

I feel like this event more closely resembles 2015 and 2016 and not that many people have experienced those years, Levin explained. What I mean by that is during 2015, it was after the climactic rising price of bitcoin hitting $1,200 with all the hype and then nothing for two years and we produced this event for 300 to 400 people in 2015 and it was tiny. It was super small compared to the last two years and I believe there were only a few exhibits at the time. But those businesses who attended and some of those exhibitors went on to build what are now some of the biggest companies in crypto. Levin added:

A lot of people are not aware of the cycles in this industry and what happens is when the market is down, people start building a lot more. They dont go out much, they dont hype things, they just build. And when theres real hype and interest globally, they have the widest nets to capture all the interest.

Additionally, Levin spoke about Miami Mayor Francis Suarezs speech and the certificate he received earlier in the day. I would love to take as much credit for making Miami a Bitcoin City but Im not here every day building a blockchain center and encouraging companies to come here. But the city of Miami is and when they say the quote open for business, it is true. Its also a form of legitimacy from a local government for crypto globally because its a real thing its an official Blockchain Week recognized by Miami. Its nice man, it feels good.

What do you think about The North American Bitcoin Conference (TNABC) Miami? Let us know what you think about this subject in the comments section below.

Disclaimer: This article is for informational purposes only. Bitcoin.com is an official platinum sponsor and media partner of the 2020 TNABC event.

Image credits: Shutterstock, SLP, Jamie Redman, TNABC, Bitcoin.com, Fair Use, and Pixabay.

Did you know you can buy and sell BCH privately using our noncustodial, peer-to-peer Local Bitcoin Cash trading platform? The local.Bitcoin.com marketplace has thousands of participants from all around the world trading BCH right now. And if you need a bitcoin wallet to securely store your coins, you can download one from us here.

Jamie Redman is a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open source code, and decentralized applications. Redman has written thousands of articles for news.Bitcoin.com about the disruptive protocols emerging today.

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BTC Miami Blockchain Conference Kicks Off Its Seventh Year - Bitcoin News

Healthcare Cloud Computing World Market Analyses; 2014-2019 & 2020-2026 – Yahoo Finance

DUBLIN, Jan. 17, 2020 /PRNewswire/ -- The "Healthcare Cloud Computing Market Size, Share & Trends Analysis Report By Application, By Deployment Model (Private, Public, Hybrid), By Pricing Model, By Service Model, By End Use (Providers, Payers), And Segment Forecasts, 2019 - 2026" report has been added to ResearchAndMarkets.com's offering.

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The global healthcare cloud computing market size is expected to reach USD 27.8 billion by 2026, exhibiting a CAGR of 11.8% over the forecast period.

The associated benefits of data analytics and increase in demand for flexible & scalable data storage by healthcare professionals is expected to drive the demand for these services over the forecast period.

Healthcare organizations are digitalizing their IT infrastructure and deploying cloud servers to improve features of systems. These solutions help organizations in reducing infrastructure cost & interoperability issues and aid in complying with regulatory standards. Hence, rising demand from health professionals to curb IT infrastructure costs and limit space usage are anticipated to boost market growth over the forecast period.

Increase in government initiatives undertaken to develop and deploy IT systems in this industry is one of the key drivers of this market. Moreover, increase in partnerships between private & public players and presence of a large number of players offering customized solutions are some of the factors anticipated to drive demand in the coming years.

Further key findings from the study suggest:

Key Topics Covered

Chapter 1 Methodology & Scope

Chapter 2 Executive Summary2.1 Market Outlook2.2 Segment Outlook2.3 Competitive Insights

Chapter 3 Healthcare Cloud Computing Market Variables, Trends, and Scope3.1 Market Lineage Outlook3.1.1 Parent market outlook3.1.2 Ancillary market outlook3.2 Penetration & Growth Prospect Mapping3.3 User Perspective Analysis3.3.1 Consumer behavior analysis3.3.2 Market influencer analysis3.4 List of Key End Users3.5 Regulatory Framework3.6 Market Dynamics3.6.1 Market driver analysis3.6.2 Market restrain analysis3.6.3 Industry challenges3.7 Healthcare Cloud Computing: Market Analysis Tools3.7.1 Industry analysis - Porter's3.7.2 PESTLE analysis3.7.3 Major deals and strategic alliances3.7.4 Market entry strategies

Chapter 4 Healthcare Cloud Computing Market: Segment Analysis, by Application, 2014-2026 (USD Million)4.1 Definition and Scope4.2 Application Market Share Analysis, 2018 & 20264.3 Segment Dashboard4.4 Global Healthcare Cloud Computing Market, by Application, 2015 to 20264.5 Market Size & Forecasts and Trend Analyses, 2015 to 20264.5.1 Clinical information systems4.5.2 Non-clinical information systems

Chapter 5 Healthcare Cloud Computing Market: Segment Analysis, by Deployment Methods, 2014 - 2026 (USD Million)5.1 Definition and Scope5.2 Deployment Methods Market Share Analysis, 2018 & 20265.3 Segment Dashboard5.4 Global Healthcare Cloud Computing Market, by Deployment Methods, 2015 to 20265.5 Market Size & Forecasts and Trend Analyses, 2015 to 20265.5.1 Private cloud5.5.2 Public cloud5.5.3 Hybrid cloud

Chapter 6 Healthcare Cloud Computing Market: Segment Analysis, by Pricing Model, 2014 - 2026 (USD Million)6.1 Definition and Scope6.2 Deployment Methods Market Share Analysis, 2018 & 20266.3 Segment Dashboard6.4 Global Healthcare Cloud Computing Market, by Pricing Model, 2015 to 20266.5 Market Size & Forecasts and Trend Analyses, 2015 to 20266.5.1 Pay-as-you-go6.5.2 Spot pricing

Chapter 7 Healthcare Cloud Computing Market: Segment Analysis, by Services Model, 2014 - 2026 (USD Million)7.1 Definition and Scope7.2 Deployment Methods Market Share Analysis, 2017 & 20267.3 Segment Dashboard7.4 Global Healthcare Cloud Computing Market, by Service Models, 2015 to 20267.5 Market Size & Forecasts and Trend Analyses, 2015 to 20267.5.1 Software-as-a-service7.5.2 Infrastructure-as-a-Services7.5.3 Platform-as-a-Service

Chapter 8 Healthcare Cloud Computing Market: Segment Analysis, by End Use, 2014 - 2026 (USD Million)8.1 Definition and Scope8.2 End-use Methods Market Share Analysis, 2018 & 20268.3 Segment Dashboard8.4 Global Healthcare Cloud Computing Market, by End Use, 2015 to 20268.5 Market Size & Forecasts and Trend Analyses, 2015 to 20268.5.1 Healthcare providers8.5.2 Healthcare payers

Chapter 9 Healthcare Cloud Computing Market: Regional Market Analysis, 2014 - 2026 (USD Million)9.1 Definition & Scope9.2 Regional Market Share Analysis, 2018 & 20269.3 Regional Market Dashboard9.4 Regional Market Snapshot9.5 Regional Market Share and Leading Players, 20189.6 SWOT Analysis, by Factor (Political & Legal, Economic and Technological)9.7 Market Size, & Forecasts, Volume and Trend Analysis, 2018 to 20259.8 North America9.9 Europe9.10 Asia-Pacific9.11 Central & South America9.12 MEA

Chapter 10 Healthcare Cloud Computing Market - Competitive Analysis10.1 Recent Developments & Impact Analysis, by Key Market Participants10.1.1 Ansoff Matrix10.1.2 Heat Map Analysis10.2 Company Categorization10.2.1 Innovators10.3 Company Profiles10.3.1 NextGen Healthcare10.3.2 Carestream Corporation10.3.3 INFINITT Healthcare10.3.4 Dell Inc.10.3.5 NTT DATA Corporation10.3.6 Sectra AB10.3.7 Allscripts10.3.8 Ambra Health10.3.9 Nuance Communications10.3.10 Siemens Healthineers

Chapter 11 KOL Commentary11.1 Key Insights11.2 KOL Views

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Healthcare Cloud Computing World Market Analyses; 2014-2019 & 2020-2026 - Yahoo Finance

A Top Cloud Stock to Buy in 2020 and Hold for the Long Run – The Motley Fool

The cloud computing industry has been growing at a nice clip for the past few years, and it isn't expected to slow down anytime soon. IDC estimatesthat public cloud spending will hit $500 billion by 2023 from $229 billion last year. That translates into a compound annual growth rate of 22.3%, which would be driven by increasing demand for Software-as-a-Service (SaaS) by corporations and enterprises.

Gartner, for instance, forecaststhat SaaS revenue could jump over 50% by 2022. Nutanix (NASDAQ:NTNX) is one cloud stock investors can buy to take advantage of the growth in public cloud spending, as it stands to win big from the SaaS vertical. Let's see how.

Image source: Getty Images.

Nutanix has quickly transformed itself from selling hardware appliances to a software-centric business model in the space of just fivequarters. The company was getting a quarterof its revenue from selling hardwarefor hyper-converged cloud infrastructure before the pivot happened. But that business had weak margins and the prospects looked bleak thanks to ballooning memory costs.

In fact, Nutanix's gross profit margin was 61.9% when Nutanix announcedthe software pivot. The metric was moving in the wrong direction as hardware costs pressured the company's margin profile. The story is much different now, as Nutanix has started getting a big chunk of its revenue from software sales.

NTNX Gross Profit Margin data by YCharts

In the firstquarter of fiscal 2020, Nutanix's software and support revenue came in at $305 million, an increase of 9% over the prior-year period. The company's total revenue stood at $314.8 million, which means that hardware sales have been reduced to a tiny portion of the company's overall business. More specifically, Nutanix got just $9.7 million in revenue from hardware sales last quarter as compared to $32.5 million in the year-ago period.

Subscription-only sales clockedimpressive annual growth of around 71% to almost $218 million. However, one-time software sales plunged to $77.5 million from $146.5 million a year ago as Nutanix's transition to a software-centric model continued. This means that Nutanix now gets just over 69% of its total revenue from selling software subscriptions.

So, the company still has some way to go before it completely eliminates its legacy hardware and software businesses. Nutanix has set itself a targetof generating 75% of total billings from the subscription business by the end of the current fiscal year. It is close to attaining that target, as now 72.5% of billingsin the first quarter came from subscriptions.

It won't be surprising to see Nutanix's subscription business supply a greater proportion of the overall revenue in the future, considering the pace of growth in its deferred revenue. The company's deferred revenue shotup 39% annually to $975 million during the first quarter of fiscal 2020, while its overall revenue was flat on a year-over-year basis at $314.8 million.

Deferred revenue is the amount of money collected by a company in advance for services that will be rendered at a future date. The deferred revenue is recognized on the income statement when services are actually delivered.

For Nutanix, this means that the company's subscription business is succeeding. In fact, the average contract term of Nutanix's subscription customers stoodat 3.9 years in the last reported quarter. This points toward long-term growth at Nutanix, as the company is able to lock customers in long-term contracts.

What's more, Nutanix's existing customers are spending more money on its services. That's evident from the company's 132% dollar-based net expansion ratelast quarter. This is considered to be a solidnumber for a SaaS company as per Crunchbase estimates, which puts the industry average at 106%. Additionally, Nutanix was able to retain 97% of its customers last quarter.

In all, Nutanix looks like a solid cloud computing bet, as it is operating in a fast-growing market and is pulling the right strings to increase both margins and revenue. Mordor Intelligence estimates that the hyper-converged cloud infrastructure market will clock13% annual growth from 2020 to 2025. The growth in Nutanix's software business suggests that it is growing at a faster pace than the industry it operates in.

This makes Nutanix an attractive bet for anyone looking to buy a top stock for the long run.

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A Top Cloud Stock to Buy in 2020 and Hold for the Long Run - The Motley Fool

Latin America Cloud Computing Market Study, 2019-2023 – Market to Exhibit a CAGR of 22.4%, Driven by the Increasing Demand for Hybrid Cloud Solutions…

DUBLIN, Jan. 17, 2020 /PRNewswire/ -- The "Cloud Computing in Latin America, 2019: Telco Cloud Offers, Best Practices and Market Opportunities to 2023" report has been added to ResearchAndMarkets.com's offering.

The Latin American cloud computing services market will expand at a 22.4% CAGR between 2019 and 2023, driven by the increasing demand for hybrid cloud solutions in the IaaS and SaaS segments.

Given increasing enterprise cloud adoption in Latin America that has led to more complex environments, telcos in the region are expanding their presence in the cloud space by acting as cloud resellers, providing managed services and supporting companies managing hybrid and multi-cloud environments.Cloud Computing in Latin America, 2019 provides an executive-level overview of the cloud computing services market opportunity for telecoms companies in Latin America. It delivers quantitative and qualitative insights into the cloud market, analyzing key trends and growth drivers in the region.

It provides in-depth analysis of the following:

Key Highlights of the Market

Reasons to Buy This Report

Key Topics Covered

Section 1: Definitions

Section 2: Cloud computing market opportunity in Latin America

Section 3: Telco cloud positioning and go-to-market strategies

Section 4: Best practices from telco case studies

Section 5: Key findings and recommendations

Companies Mentioned

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Latin America Cloud Computing Market Study, 2019-2023 - Market to Exhibit a CAGR of 22.4%, Driven by the Increasing Demand for Hybrid Cloud Solutions...