Arizona Law to Delineate ICOs and Securities

 

The world might be deliberating prohibitions and regulations on crypto activity, but in Arizona, they have embraced it so wholeheartedly that public records show that there has been a hike in the number of blockchain bills in the state’s legislature.

The state’s Senate has already passed a bill that approves its inhabitants to be able to pay their taxes in cryptocurrency. This new bill didn’t just pass all the stages in Senate as smoothly as one would believe. Arizona’s Senate minority leader Steve Farley was of the opinion that the volatility of the bitcoin might be a problem when it relates to tax payments. His fears were somewhat allayed when Arizona’s Department of Revenue confirmed that they would have only 24 hours to change the bitcoin payments into dollars.

The bill has already gone on to the state’s House of Representatives. If it is successfully passed, the state could soon start collecting bitcoin as an accepted form of tax payment.

Jeff Weninger, a Republican member of the Arizona House of Representatives (who was also very instrumental in the passing of the first bill) introduced two new different means focused on blockchain – one of which would start the process for an administrative structure for initial coin offering (ICOs) implemented in the state.

It should be noted that two new bills brought up by the representative comprise of words like “blockchain”, “virtual coin”, “virtual coin offering” and they are potential terms that might be added to the Arizona government’s catalog of definitions.

The virtual coin is defined in the first bill as a medium of exchange that can be traded digitally. A virtual coin has virtual value and can be used to store value.

The second bill tweaks the provisions of the Arizona Revised Statutes that pertain data created and stored by blockchain. The bill is in relation to the one that legitimized blockchain signatures and smart contracts implemented last year. This bill makes digital signatures have the same enforceability as written signatures. Arizona’s law now directs that smart contracts are to be also recognized and enforced.

The Arizona Electronic Transactions Act (AETA) provides that virtual signatures areas enforceable as written signatures. HB 2417 stipulates that signatures, e-records, as well as smart contracts — made through blockchain and entrenched by UCC Articles 2, 2A, and 7 — are recognized as legal e-signatures under the appropriate Arizona Act.

Using the “killing two birds with one stone” analogy, the legislature arm of the Arizona government has given a very comprehensive definition of cryptocurrencies and has ensured a solid foundation for contracts which are implemented using them. This means it’s now easier for people to meddle in the cryptocurrency world while ensuring they can do business with it.

It is worth to mention that the Arizona government perpetually sets up processes that strengthen the harnessing of the blockchain technology’s features.

Weninger is of the belief that cryptocurrency payments posses a multitude of merits which include the ease at which it can be used and the convenience it has.

 

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How Is Bitcoin Marketing Itself

As a result of the Greek economic downturn and financial crisis as a whole, Bitcoin found itself at the centre of the news debate. Due to its natural characteristics, its decentralised platform, and ultimately its fascinating make-up due to the blockchain technology on which it is based, Bitcoin offers an exciting new wealth of opportunities. With the development of the bitcoin gambling casino which has introduced provably fair gaming to the online world and implementation by brands such as Subway and Steam, the cryptocurrency is continuing to grow. Despite numerous restrictions being placed on Bitcoin, the debate around its potential is continuing, and in turn the cryptocurrency has begun to market itself. Here, we’re taking a look at how.

The Characteristics Of Bitcoin

There are numerous exciting opportunities which Bitcoin provides, and a lot of these come from the characteristics behind the blockchain technology which makes up the cryptocurrency. Firstly, the decentralised element to the Bitcoin offers numerous advantages which is actually leading to disrupt numerous financial institutions. Despite its unpredictability and its evolution under the auspices of a nebulous entity, it is this challenging nature which is actually attracting numerous investors. The cryptocurrency is almost completely anonymous, and as such, many users feel protected when making purchases.

The blockchain technology itself is also exceptionally secure, with fraud being somewhat deterred by the make-up of the cryptocurrency. All of these characteristics have gradually marketed themselves, and with the boom in investment, more individuals are turning to this cryptocurrency as an alternative payment method.

Price Performance

A major indicator of the cryptocurrency’s growth is its price performance, and with the huge amount of investment going into the currency in recent months, it’s unsurprising to see that the price has boomed. Despite many critics believing that the currency remains unstable, the Bitcoin is marketing itself as a well-performing investment opportunity for many. While many are concerned about the regulations which are beginning to be imposed, these will only stabilise the cryptocurrency, further opening opportunities for use.

 

Fear By Financial Institutions

One of the major marketing aspects for Bitcoin is the fear it has imposed in some traditional financial institutions, which may now have to evolve their techniques in order to keep up with this ever-growing technology. While traditional financial institutions may see this as a negative, consumers and individuals will see this as a positive, as banks will now have to adapt their methods in order to keep funds as secure, yet accessible, as possible. Some financial institutions, such as Barclays, have already started to adopt cryptocurrency and blockchain technology, and have begun discussions with regulators on how to bring this technology into play more efficiently. With big brands such as these, alongside the likes of Subway, Microsoft, PlayStation and more embracing this technology, Bitcoin is being marketed in more ways than ever before.

While many associate Bitcoin with having an image issue, in modern times, this is very much the opposite. With increasing regulations being implemented, Bitcoin is only going to stabilise more efficiently, and as a result grow with more investments. Since the boom, Bitcoin’s marketing has been handled by the news and simply by word-of-mouth.

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Why Do Businesses Need to Support the Application of Cloud Computing

Cloud computing enables a business to manage their computing resources online. In the end, most companies will have to move their applications to the cloud. So we remain with the question, why are most businesses migrating to the cloud? Reason being cloud computing is essential. An organization through this gets an opportunity to host their data centres, processes and applications online. Moreover, cloud computing improves cash flow, efficiency and others as discussed below.

  • Environment-friendly and low on cost

Cloud Computing assists in storing the data centre, processes, applications and the entire data system with no harm or interruptions to the environment. More so, it aids in making transactions, uses high and cooling systems so that it does not get the overheated. Besides, electricity energy used will be lower thus saving the cost.

As the organization expands, there will be no more investment in hardware or software infrastructure. With the help of cloud computing, the costs of developing and maintaining this infrastructure will be reduced. Thus cloud computing will be saving the business on costs.

Having an ability to do business without any boundaries is one of the major advantages of cloud services. You have access to your applications and data and is also available to all authorized users from anywhere where there is Internet access. In the case where your business is ever on the go, in other words, its mobile, then you require cloud computing to run. With this, you are free to get your information and access all your data from any place worldwide anytime.

Cloud services are ideal for businesses that have high demands for growth and fluctuations. The swiftness level of cloud capacity in such a way that it can be scaled in case of increase or decrease in needs can give a business a significant advantage compared to its competitors.

 

Cloud Computing ensures an e-commerce application caters to the changing demands of the market. Scalability is an essential characteristic of cloud computing. What makes the cloud useful is its ability to increase and reduce the demand on infrastructure resources. With the help of cloud computing, you can focus on building the infrastructure for success other than being worried about whether your in-house infrastructure can handle the constraints of success.

The loss of laptops and computers leads to a loss of a billion dollars in organizations. With this loss, sensitive data inside the devices will also be lost in the process. Cloud computing gives you excellent security in case this occurs. You find that all data you provide is stored in the cloud of which you can access it anytime. Also, data in the laptop can also be deleted in cases where you don’t want it to get into wrong hands. Stored data can only be retrieved by the reliable owner or any other user allowed the by the owner to get access. Otherwise, the data enclosed is kept private.

The more employees you have in your company the more control you require on documents. Literally, before the use of cloud, you would find that employees had to send files back and forth as attachments on email to one typical user at a single time. Usually, you would end up with entirely different contents, titles, and formats.

When you use cloud computing, all the files will be stored in a central point where every person will be able to access, make changes visible to all. Great visibility will, therefore, mean there is better work in the company and the bottom line is healthy.

  • Softwares update automatically

The other benefit of cloud computing is that the servers are out of sight and don’t have a maintenance cost. Suppliers will take care of them for you and roll out regular software updates, for instance, security updates so you don’t have to be worried about time wastage and maintenance of the system yourself. Leaving you off to cater to the things that matter for example growing your business.

The business performance is susceptible determined by the IT systems performance that supports that business. If the rate of interest or some other fundamental input changes, the insurer that can have the ability to update its systems faster than its competitors has an advantage, which will manifest itself in the bottom line

Cloud computing has promised on the speed of delivery that the business requires, but can it also give adequate control? One way to avoid the unexpected dangers of speed without control is for companies to select partners who are reliable to work with.

 

Despite knowing data security as an aspect of cloud computing, most people do not know that data recovery is even a benefit of opting for cloud computing.  You can back up your data on different storage and be sure to get it safe even if something wrong occurs.Have you moved to the cloud already? If not, it’s advisable to make some efforts. Application of the cloud computing helps the growth of your business in many ways as discussed. Data stored is safe and can be retrieved at any location. With the cloud, you feel more secure than before as your information is private.

 

 

 

 

 

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The Impact of Cyber Attacks on the Banking Industry

 

There have been increasing numbers of cyber attacks reported in recent years across all industries and it is costing the United States an absolute fortune in cyber security. Obama announced that $19 billion  was to be dedicated to the ongoing fight against cyber criminals, highlighting the gravity of the threat it now poses to businesses and even households.

In 2016 there were widely reported attacks on PayPal, Twitter and Spotify to name a just a few of the big companies that have been targeted. The number of cyber attacks across the world is increasing and businesses are spending more and more money in deterring the crime.

Banking Sector Most at Risk

Of course, the banking sector is one of the industries that are most at risk, given the nature of the data that they hold. This means that banks have had to dedicate significant funds on developing their digital infrastructure to strengthen their cyber security. The banking world has long been seen as a very profitable industry and for many banks that still remains to be true. Investment banking experts like Fahad Al Rajaan demonstrate that the banking sector can still be a very effective way of making money. It is therefore vital that banks are protected from cyber-attacks.

Preventing Cyber Attacks

As well as spending more on software to reduce the chances of an attack, companies now spend more on resources dedicated to preventing cyber-attacks. This means that extra IT personnel are required, extra training for all staff and more resources allocated to analyzing their cyber security and performing risk assessments.It also means that more robust policies and processes must be introduced. This can vary from developing and delivering online training for staff to raise awareness about the risks of cyber security, to employing a whole team of experts to audit the processes. It is certainly becoming a very costly affair.

Cyber attacks not only cost businesses from the initial financial sting, they are also impacted by the reputational damage that the attacks can cause for years to come. If somebody feels that their money isn’t safe with a bank, then they are likely to close their account and go to another one that they feel will protect their money better. The more publicity that a cyber attack attracts, the higher the reputational damage will be.As mentioned before, the government is committed to driving down and eventually eradicating the threat of cyber attacks. Greater cyber security laws are being ratified and harder punishments will be a deterrent for many would-be cyber criminals.

 

Finding a Solution

It is unfortunate that such huge amounts of money are being spent on cyber crime, both by the government and by businesses. Until a solution is found, it looks like this trend will continue and the threat of cyber attacks will dominate how businesses setup their IT structures and policies.

 

 

 

 

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What Exactly is Neural Imprinting?

Neural Imprinting sounds like a term that could be used in a science fiction novel, and has become a very popular forum topic and search term. There are many discussions about neural imprinting, which include many topics like the legitimacy and validity of its usage, along with if it could be an effective method for pain relief. If neural imprinting could be used for pain relief on a wide scale, there are discussions about how much wealth could be made from it.

The short answer is neural imprinting does exist, and it has been used on some people. Neural imprinting has been used in the past to help patients who were suffering from chronic pain, burns, chemotherapy and phantom limb syndrome. This year neutral imprinting has become much easier with Virtual Reality (VR). It may sound crazy to most people, but in the near future, we could just put on a VR headset, and the pain would be gone.

How Does Virtual Reality Help With Neural Imprinting?

Virtual reality for neural imprinting has been in the testing stage since 1996 by Hunter Hoffman, the director of Virtual Reality Analgesia Research Center, and David Patterson. Their work has been to explore the illusion of travelling in a virtual world, and how people’s attentional resources are used during their time within virtual reality. At the moment, neural imprinting is not being rolled out into the medical sector.

However, with more VR headsets being released, the chances are that neural imprinting will be used in the near future. There are estimates that over 80.2 million of the specialized VR headsets would be sold to hospitals and patients who are from different areas of the world.

 

Why Has Neural Imprinting Become So Popular?

The simple answer is that patients are looking for an option of pain relief that works. Neural Imprinting took off and could make 2.86 trillion dollars within a just a few years. This is due to Neural imprinting not having any negative side effects, and would be cheaper than other treatments and medicines.

The reason that neural imprinting did not take off the first time that it was launched to the public was that normal people were asked to invest thousands of dollars. Investing the money would get them a free VR headset, and a large financial return. Many people believed that this was a scam, instead of an alternative for injuries and chronic pain.

As more VR headsets like the Oculus Rift are released, virtual reality uses have become a popular topic. This is why people are looking at investing in neural imprinting. Neural imprinting has the chance of becoming one the largest pain relief options, and investing now is the best option to get a huge return.

Robots That Teach Each Other To Grasp Everyday Objects

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WannaCry Attack is Actually Good for Cyber Security Stocks

Consumers and companies had a rude awakening recently. They’re all at risk of cyber attacks. One of the biggest cybersecurity developments recently was the WannaCry attack. Now, WannaCry is ransomware, which is a type of malware that blocks users access to their data until a ransom is paid to the hackers to regain access. On May 12, 2017, WannaCry began to infect Windows-based computers across the globe, primarily through phishing email scams and a worm feature in the ransomware.

The WannaCry attack spread to 150 countries, and targeted approximately 200,000 organizations. The WannaCry ransomware exploited a flaw in Microsoft’s Windows software, which was discovered by the U.S. National Security Agency and leaked by hacker. Although WannaCry affected millions of users and hundreds of thousands of organizations, it’s good news for the cyber security industry.

 

Highly Publicized Cyber Attack

Now, when there is a highly publicized cyber attack, it tends to be good news for cyber security companies, and stocks tend to rise off of this news. For example, Sophos Group PLC, which is a UK-based cyber security company, saw its stock rise over 7% and set a record high. This was primarily due to the company’s guidance raise.

In the event of a cyber security attack, traders price these events in, as this could mean more potential business for publicly-traded cybersecurity-related companies. In turn, this should drive revenues and earnings higher, which should cause cybersecurity companies’ stock prices to rise.

According to trader Jason Bond, “We’ve seen cybersecurity stocks run higher following some cyber attacks on companies, such as the attacks on Yahoo, Target and Home Depot. The idea behind is this move is quite simple. When hackers attack companies or users, those companies and users may look to increase their defense against another attack. To defend against cyber attacks, these companies will look to leverage the technology of well-established cybersecurity firms.”

We saw this in some cybersecurity stocks, such as FireEye Inc (NASDAQ: FEYE),  an enterprise cybersecurity company that provides products and services in an attempt to protect against cyber attacks and threats. After the news of the WannaCry attack was released, FEYE closed up over 5% that following day. Here’s a look at FEYE on the 15-minute chart, after it hit a high above $16.

 

Source: TradingView

Now, that wasn’t the only cybersecurity-related security that gained that day. Traders may use HACK as an investment vehicle to gain exposure to the overall industry, rather than just one cybersecurity-related company. The PureFunds ISE Cyber Security ETF ultimately closed up over 3% on the trading day following the WannaCry reports. The PureFunds ISE Cyber Security ETF (NYSEARCA: HACK), the world’s first cybersecurity exchange-traded fund (ETF), shares also saw a rise following the WannaCry attack. The PureFunds ISE Cyber Security ETF offers investors away to gain exposure to the cybersecurity industry, and the fund is comprised of companies offering consulting, software, hardware and services to defend against cyber attacks.

 

Here’s a look at the ETF following the WannaCry reports, on the 15-minute chart.

 

 

                                                              Fight Cyber Crime

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Blockchain databases and what they mean for you

 

Blockchain databases represent the latest technology to fire the collective imaginations in Silicon Valley and tech hubs around the world.

They allow a distributed network of database users to create updates in real time – all without the need for a centralized administrator.

Although the original Blockchain rose to prominence as the technology that made Bitcoin possible, it’s now taking off amongst more conventional financial users, such as banks.

Standard databases, such as those built on top of the popular MySQL technology, are protected from both reading and writing by the general public.

If you call your insurance company, for example, the person at the end of the line updates the company’s database based on the information that you provide.From the security governance perspective, this company is the ‘central authority’ administering the database, and having to relay changes through it naturally slows down the update process.

Distributed Blockchain databases, on the other hand, leverage the power of “the crowd” – the online community as a whole – to make the updating process much faster. This is achieved by creating a large global network made up of a replicating series of nodes that reconcile one another in near real time. Because these nodes all contain the same information, it’s virtually impossible for the entire database to fail, or, just as importantly, be hacked.

The same technology that allowed Bitcoin users near-guaranteed anonymity, while also offering a robust currency independent of any national bank, is now set to transform the E-commerce space.

One of the most promising fields for Blockchain-based firms is smart contracts. These are online agreements where the release of funds is automatically triggered when the necessary conditions are met. They have the potential to eliminate the fraud that can occur when conducting transactions with strangers, and are seen by many as the next stage of the Blockchain revolution.

For years, ‘Blockchain without Bitcoin’ was considered by investors to be a mere pipe dream, but now investment capital has begun to pour into disruptive startups that are proving the ambitious, paradigm-shifting technology is capable of driving broad applications. Haim Toledano and Saar Pilosof are two of the heavy-hitting venture capitalists who have recently backed up-and-coming companies in the sector.

 

“Everyone wants to be able to buy and sell online with total confidence, in terms of the security of their money and their personal information,” explains Toledano. “Now that the technology has finally arrived, we’re about to see an explosion in the overall value of the E-Commerce economy and that’s why the major players of the future will be built on Blockchains.”   

Illustration with word cloud with the word Blockchain.

Security Matters: Improving Customer Safety on Your E-commerce Site

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High Cable Costs Are Blowing Up !

The way we watch television today has dramatically changed from just a few years ago. It is no longer required to be tethered to the cable cord with several different streaming services such as Netflix and Hulu that could potentially save you thousands in the long run. Cable bills generally come in at a staggering two hundred dollars per month, but most streaming services have memberships as low as six dollars per month. Several new streaming services such as Amazon Prime Video, Amazon Fire TV, and Sling TV there are no longer a need for these pricey conglomerates.

There are several things you may need after you give the boot to your cable box and hardware devices you currently use to watch cable. For example, you will need an antenna, a streaming device like a smart TV, streaming stick or laptop type device and of course a streaming service.

 

Very similar performance wise to the Mohu Leaf, the Flatwave antenna costs a mere ten dollars and is powerful enough to reach broadcast singles thirty miles away. Sense you are dropping your cable provider saving, even more money, (Leaf priced at $70) only makes sense, and the size is small and can be mounted just about anywhere with its fifteen foot coax cable.

 

If you have a new smart TV, you are set to go because most of them come standard with streaming services like Netflix and Hulu already installed. If not grab inexpensive streaming sticks like Roku Ultra or a 4K player like Fire TV and Chromecast Ultra. If you’re a gamer, the PS4 and Xbox one have these streaming apps integrated in them already.

There are the common streaming services such as Amazon Prime, Netflix, and Hulu to choose from but there are some others to consider today as well. If you desire a more authentic cable viewing experience then DirecTV Now, Sling TV and PlayStation Vue will deliver. However, these replacements for your cable will cost you far more than the more common streaming services.

 

If you have not cut the cable cord yet due to losing your sports and premium channels like ESPN and HBO, we’ll wait no more, these highly sought after networks are cutting out the middle man. Every major network for sports, MLB, NFL and NBA, all have streaming services available, and you can now get HBO Live, Starz and Showtime streaming as well for a much lower price tag.

 

Cut yourself loose from the behemoth cable monopolies and start streaming your way to leaving your hard earned cash in your wallet. Stop paying astronomical costs for watching TV and stream your way into the future.

 

 

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Earth Volumetric Studio and 3D Models

 

Earth volumetric studio is a program that offers ultimate speed and flexibility. The studio combines advanced volumetric gridding 4D visualization tools and geostaticanalysis into a software system. This software system is developed to address all the needs of the earth science disciplines. The user interface is integrated with graphics routines and modular analysis which can be customized to satisfy different needs.

The studio can be used to analyze any kind of data from the environment; It can possibly be from water, from land, from air or even from noise, it can do them all. Earth volumetric studio provides proper evaluation of data and sites so as to identify different locations. It is user friendly and can adapt to its environment. The amount of data it collects can easily be added to your data collection. It is also easy to use in any kind of environment.

 

 

 

Earth science graphics

Earth science graphics software is imaging software that is used in atmospheric sciences, climatology, meteorology, oceanography and other earth science disciplines. This software has the capability to read data formats. It is at times able to access data from remote centers, which helps in displaying a series of data.

Advanced features on the software are targeted on engineers and architects or environmental engineers who have the most demanding environment. The c tech software can also be used by geologists who travel to remote areas. The high level support for animation and interactive 3D fence diagrams ensures that there is accurate data. It also helps in calculation and data analysis.

Some other advanced features such as tunnel cutting, texture mapping and 3D fault block generation make it easier to use. The technology needs to be well maintained so as to have it for longer. If you are looking for software that will work for your business, try researching well before purchasing one to avoid disappointments.

Importance of earth volumetric studio

  • It helps cut assessment costs and saves time.
  • It is fast, powerful and flexible.
  • It is easy to use.
  • It can be used in any type of environment. It can be used in any geographical location.
  • It improves assessment and your work of analyzing data. When it helps you carry out the complex tasks, you are left with enough time to focus on your project.
  • It helps you calculate data and present it. This will also help you ensure that the data collected is accurate.
  • Enhances your ability to plan and support your work. When it helps you assess your work and analyze data, you are able to create a plan on how you are going to work.

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The Rise Of Data Analytics In Competitive Sports

From the soccer field to the race tracks to the basketball courts, data analytics are being used more and more in competitive sports to try and predict the best outcomes for teams. Once, teams were built with strong players and a manager who knew how to ensure the best outcomes for the games, and this is still important, but as our knowledge of data analytics and science increases, so does our ability to use this in the sporting world.

Data Analytics Within Sports

Data analytics are used within sports teams to watch games and players, collect data on these and interpret them to allow changes to be made with players and within games to get the best outcomes. Now more than ever, people with a degree in data analytics in sports are being hired for sports teams, so if you have an interest in the sporting world and you have the relevant qualifications, it may be a job worth considering.

 What Does A Sports Data Analyst Do?

Data analysts watch games on their iPad or laptops, recording in real time so they can give live feedback to coaches. They watch how a player performs on the pitch, assess tactics and consider how the opposition reacts to team tactics, and give feedback for training. As a data analyst in sports, you may give your opinion on player recruitment, rehabilitation, and nutrition. The information a data analyst can get from watching formations can give a team a competitive edge on the field. They also provide statistics within games that will be talked about on and after the game, on sports shows on the radio and on TV, on the internet for fans to read, and for the use of betting websites.

Sports Data Analytics And The Player

Data analysts will work closely with each player, assessing data from their gym sessions, training on the pitch and real-time data from matches to help both coaches and the physiotherapists to alter training programs to player needs. The data from this can also be used to work out optimal recovery time for injured players and rest time between matches. The real-time data can be used to decide when a player isn’t playing at his best and when a substitution may occur. The more information we gather and understand from data analytics within sports, the better the programs and software that are being built, which provide the best opportunities to tailor both training and tactics to individual players, as well as the whole team.

The need for good players and good coaches will always be relevant in sports, but the increase in our knowledge of science and data analytics can help give teams the edge they need to be the best they can be. If this sounds like a career you would be interested in, perhaps you should look at gaining a degree in data analytics, or if you already have one, a master’s in sports data analytics to give you that competitive edge sports teams are looking for.

 

 

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