Lifeboat Foundation

Oxford quantum physicist Nikita Gourianov tore into the quantum computing industry this week, comparing the “fanfare” around the tech to a financial bubble in a searing commentary piece for the Financial Times.

In other words, he wrote, it’s far more hype than substance.

It’s a scathing, but also perhaps insightful, analysis of a burgeoning field that, at the very least, still has a lot to prove.

Orsted.

In its bid to achieve net zero carbon emissions by 2050, the U.K. is banking heavily on wind-generated power. To this effect, it commissioned the Hornsea One project, which was the largest offshore wind farm in the world at the time of achieving fully operational status in 2020. Two years later, the Hornsea 2 project is fully operational and has claimed the bragging rights for being the largest offshore wind farm in the world.

It can generate 1.3 gigawatts of clean energy.

Hornsea 2, the world’s largest offshore wind farm located in the North Sea, has gone fully operational, a press release from its builder, Orsted, said. In its bid to achieve net zero carbon emissions by 2050, the U.K. is banking heavily on wind-generated power. To this effect, it commissioned the Hornsea One project, which was the largest offshore wind farm in the world at the time of achieving fully operational status in 2020. Two years later, the Hornsea 2 project is fully operational and has claimed the bragging rights for being the largest offshore wind farm in the world.

The Hornsea zone, an area of the North Sea covering more than 2,000 km2, is also set to include Hornsea 3. The 2.8 GW project is planned to follow Hornsea 2 having been awarded a contract for difference from the UK government earlier this year.

Hornsea 2 has played a key role in the ongoing development of a larger and sustainably competitive UK supply chain to support the next phase of the UK’s offshore wind success story. In the past five years alone, Ørsted has placed major contracts with nearly 200 UK suppliers. Ørsted has invested GBP 4.5 billion in the UK supply chain to date and expects to make another GBP 8.6 billion of UK supply chain investments over the next decade.

Continue reading “Hornsea 2, the world’s largest windfarm, enters full operation” »

The world record comes as a result of a new standard-setting collaboration.

Vision Marine Technologies, a manufacturer of electric recreational marine propulsion for OEMs, broke the 100 mph (160 kph) speed barrier on an electric watercraft and set a new world record, the company announced.

To pull off such a feat, a coalition of numerous significant, well-known players from around the world had to unite. With the sole purpose of setting new standards, Vision Marine, in collaboration with Hellkat Powerboats, created the V32, a 32-inch (9.75 meters) catamaran hull made to hold the required battery banks to power a pair of Vision Marine’s signature E-MotionTM electric outboards.

Continue reading “Electric Outboard Engines & Boats” »

The U.S. Federal Bureau of Investigation (FBI) is warning investors that cybercriminals are increasingly exploiting security vulnerabilities in Decentralized Finance (DeFi) platforms to steal cryptocurrency.

“The FBI has observed cyber criminals exploiting vulnerabilities in the smart contracts governing DeFi platforms to steal investors’ cryptocurrency,” the federal law enforcement agency said.

“The FBI encourages investors who suspect cyber criminals have stolen their DeFi investments to contact the FBI via the Internet Crime Complaint Center or their local FBI field office.”

An encryption tool co-created by a University of Cincinnati math professor will soon safeguard the telecommunications, online retail and banking and other digital systems we use every day.

The National Institute of Standards and Technology chose four new encryption tools designed to thwart the next generation of hackers or thieves. One of them, called CRYSTALS-Kyber, is co-created by UC College of Arts and Sciences math professor Jintai Ding.

“It’s not just for today but for tomorrow,” Ding said. “This is information that you don’t want people to know even 30 or 50 years from now.”

The perfect helping hand you need to start and run your business!

The fintech company Workhy effortlessly completes incorporation procedures online and provides financial process management services for entrepreneurs worldwide.

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“Everyone can quantum.”

Chinese multinational technology company Baidu just released its first quantum computer on Thursday. The first superconducting quantum computer, “Qian Shi” can integrate hardware, software, and many applications. Baidu also introduced the world’s first all-platform quantum hardware-software integration solution — Liang Xi — that provides access to various quantum chips via mobile app, PC, and cloud.

Qian Shi is expected to solve data that a standard computer cannot calculate and problems that cannot be solved. This development is also thought to be a breakthrough in artificial intelligence, computational biology, material simulation, and financial technology.

Continue reading “Baidu Releases Superconducting Quantum Computer and World’s First All-Platform Integration Solution, Making Quantum Computing Within Reach” »