Lifeboat Foundation

Innovation is all the buzz in Asia. Australia, China, Korea, Vietnam, and now lets look at India.

Personally, I believe there is great potential in India for some amazing innovations. Just look at their own historical sites and artifacts, art, etc.; no one can claim creativity, imagination, etc. does not exist. And, not to mention the engineering feats that have been proven by India many times.

India has moved 16 rungs up the global ranking for innovation in 2016, as compared to 2015, but still remains a lowly 66th, well below Malaysia and Vietnam, leave alone China in the middle-income category and far below countries like South Korea and Japan, and other high-income innovation hubs like Switzerland, the US, the UK and Singapore. What can be done to make India a hub of innovation? Improve the quality of education across all levels. A technology policy that incentivises genuine R&D is required. Ease of entry and exit of firms, competition, a vibrant financial sector that allocates capital to new profit potential, a culture of entrepreneurship and an end to failure-shaming would help. The least obvious requirement is political empowerment of the common man.

Continue reading “How to make India an innovation hub” »

https://youtube.com/watch?v=q90JYGxk5xw

The company is now marketing software to help banks and online stores distinguish good users from criminals.

For Sale: A Scylex malware Kit please contact your nearest Dark Web for details.

Experts from Heimdal security firm discovered a new crimeware kit, the Scylex malware kit, that aims to provide Zeus-grade Capabilities.

Security experts from the Heimdal security firm have discovered a new DIY financial crime kit offered for sale on a notorious malicious hacker forum on the dark web called Lampeduza.

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Like this article; there is 2 more pieces missing from the roadmap for 2010 & beyond and that is Biocomputing & Singularity. Biocomputing will provide the financial industry (banks, trading firms, accounting & audit firms, bond insurers, etc.) the ability to expand information/ data storage and transmission capacities like we have never see before just look at what Microsoft, Google, Amazon, etc. have done with DNA storage. And, the much loved Singularity enables boosting of knowledge and insights as well as more mobility and access to information as they need it. BTW — Biometrics is NOT the same as Biocomputing; biocomputing goes well beyond security/ identity management.

The influential non-profit rates these technologies alongside the PC, the internet, and smartphones in terms of their potential to transform financial…

“Waves of virtual reality and augmented reality startups have their funding. Venture capitalists invested $1.7 billion in the AR/VR sector in the 12 months ended March 2016, and $1.2 billion of that was invested in the first quarter of this year alone, according to Digi-Capital.”

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“These days every company is a tech company, but some have better niches, faster growth, more attractive offerings or more favorable share prices than others.”

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Scientists at IBM Research in Zurich have developed artificial neurons that emulate how neurons spike (fire). The goal is to create energy-efficient, high-speed, ultra-dense integrated neuromorphic (brain-like) technologies for applications in cognitive computing, such as unsupervised learning for detecting and analyzing patterns.

Continue reading “IBM scientists emulate neurons with phase-change technology” »

We’re about 7 years out from sending files to a company to be stored in permanent DNA freezer lockers.

Luv this.

The University of Bristol’s Quantum Technology Enterprise Centre (QTEC) is looking to recruit its first cohort of Enterprise Fellows that will be the next generation of quantum technology entrepreneurs.

Merging training in systems thinking, quantum engineering and entrepreneurship, QTEC will provide the necessary skills for budding innovators to develop their own business ideas and for them to branch out into the emerging field of quantum technologies.

The Centre, which is the first of its kind in the world, was funded as part of the UK’s £270 million investment into quantum technologies. These technologies exploit the laws of quantum mechanics to create practical and useful technologies that will outperform their classical rivals and that have the potential to transform artificial intelligence, healthcare, energy, finance, cyber security and the internet.

Continue reading “Enterprise Fellowships to kick-start the quantum technology industry” »