Lifeboat Foundation

Article repeats a lot of the knowns on QC such as bit v. Qubit; and finally provides some good info on pros and cons of Bitcoin and Lamport signatures technique with QC. However, the author didn’t seem to mention any of the work that D-Wave for example is doing with Block chaining. Also, I saw no mention of the work by Oxford on the logic gate which improve both the information processing performance and the security of information transmissions.

In a classical computer bits are used that can either be 0 or 1. In a quantum computer these bits are replaced with Qubits (quantum bits). These Qubits can be 0 or 1, or both at the same time. This is caused by a phenomenon in the quantum realm called superposition. At scales the size of an atom and small molecules, the spin of particles is not determined until it is observed. A pair of Qubits can be in any quantum superposition of 4 states, and three Qubits in any superposition of 8 states. In general, a quantum computer with n Qubits can be in a superposition of up to 2^n different states simultaneously (this compares to a normal computer that can only be in one of these 2^n states at any one time). Because of this, a quantum computer is able to perform computations at the same time, while classical computers perform computations one at a time.

Continue reading “Quantum computing and cryptocurrencies: Are Steemit and bitcoin safe?” »

Coinbase has added support for Ethereum.

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I was a guest on the Robot Overlordz podcast again recently, and was asked about my post on Medium for KnowledgeWorks called “Preparing for Hybrid Schools and Jobs.” The conversation with Mike and Matt took some interesting turns, as always, and they got me thinking about some really important questions when it comes to blockchain and society, namely: assuming blockchain lives up to it’s reputation as a ‘truth machine,’ as I refer to it in my post, or a ‘revolution,’ as the Tapscotts say, why is there now a need for a revolutionary technology to enhance trust?

Although blockchain has captured the attention of the financial, management consulting and consumer goods industries, it hasn’t quite taken hold in education yet. KnowledgeWorks has published a fantastic report on the possibilities. I suggest in my post that the rise of hybrid jobs will generate support for hybrid schooling, and blockchain may be the technology that is best suited to track and communicate qualifications. The World Economic Forum said it best: “Farewell Job Title, Hello Skill Set.” If we are to be evaluated on our skills and experience, we must have some reliable way of guarding and transmitting that information.

But why is it that we need to enhance trust among students and teachers, employees and employers? I think that the facts that college students (some who didn’t even graduate) owe massive student loans, though worker’s wages have gone stagnant, play into this tension. How can students trust schools to provide the education they need, considering the high cost and the gamble that it may never really be recouped?

We are beginning to see slight signals that things are changing, at least a little, on the remuneration side, and it’s possible that a truth machine could help restore trust to hierarchical relationships (student/university and employee/employer) that are extremely out of balance. But what is at risk in assuming a technology can reverse human corruption?

1st D-Wave2 is playing with Blockchaining, with QC and now IBM offering in their cloud services.

IBM Blockchain is launching a cloud-based service that allows companies to test performance, privacy, and interoperability of blockchain systems.

I like this article because I have for years looked at options to address the counterfeiting issues which is a extremely costly criminal industry around diamonds and artwork. As we have seen with synthetic diamonds in their use in QC and medical technology there is a lot that technology can do in addressing the counterfeiting issues as well as registration & certification space. Also, could registered & embedded serialized stones be another form of id for the consumer who wears their accessory with the stone? I believe it can be.

IBM launches a new high security blockchain service that uses hardware to protect valuable data, with provenance startup Everledger as its first customer.

Continue reading “Why is Bitcoin Capped at 21M units?” »

Know how blockchain could be used in health care? HHS wants your input.

Blockchain Engine and Petrodvorets Watch Factory have introduced blockchain technology into the manufacturing process of Raketa watches, making Raketa one of the first companies in the world to record the production of physical goods in the blockchain.

Established by Peter the Great in 1721, Petrodvorets Watch Factory is one of Russia’s oldest businesses. After the Second World War, the factory produced watches under the brand name Pobeda until 1961, when production of the Raketa [Rocket] watches started, named in honor of the first flight into space by Yuri Gagarin.

In a bid to restructure the historical watch brand, the company entered a rebranding stage in 2009 under the direction of Russian, Swiss and French experts, with director Jacques von Polier heading the creative and design department.

Continue reading “Raketa Watches Trials Blockchain Technology to Fight Counterfeiting” »

Last week I dipped my toes in the waters of the Lifeboat blog and shared a link about blockchain technology. If you haven’t heard about blockchain technology yet, you can read about it here, here, here, here, here…you get the picture. Blockchain has tons of potential, and appears to also attract hype and money. All which goes to say, there has been a lot of buzz about its social and economic potential. But there is another aspect of blockchain that deserves some futurist exploration, which is that it signals we live in Postnormal Times.

Postnormal Times (PNT) is a fantastic foresight concept that I will focus on in my upcoming Lifeboat posts. There is an underlying theory to it; Ziauddin Sardar explains the entire idea and how it fits into futures studies. Ziauddin Sardar with John Sweeney have expanded the work into a futurist method called The Three Tomorrows of Postnormal Times. It’s well worth reading up on if you enjoy a futurist approach to your work and studies.

I’m still a beginner, but essentially the idea is that we are now in time is a period best characterized as “postnormal,” meaning that the usual ways of solving problems and making progress have stopped working. Our go-to responses, based on all the previously reliable ways of being in and understanding the world are becoming irrelevant and dysfunctional. The simplest way to introduce Sardar’s concept is the three C’s: complexity, chaos and contradictions. These are the key characteristics of postnormal times which I will be exploring in my posts about technology and humanity. I believe the PNT perspective leads to some useful observations about the direction of society over the next decades.

Back to my blockchain example: the Raketa watch company is implementing blockchain in manufacturing, which will protect inventory from counterfeiting. This development signals PNT because it speaks to the complexity of globalized financial and consumer markets. In this case, so intricate as to require a new, high-tech, largely automated and seemingly fail-proof technology. PNT is evident when previous methods of running a company are no longer sound. Enter blockchain to navigate this new business condition.

Continue reading “Blog Posts for Postnormal Times” »