#Blockchain v/s Database | Explore Tumblr posts and blogs

deepyanti · 3 years ago

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Interesting blog topics to be familiar with before the end of 2022

The easiest way to create Arabic chatbots [without coding] For more than 300 million Arabic speakers in the world, our chatbot platform has an efficient NLP engine trained in the Arabic language offering RTL support.

You should know this about Real Estate Chatbots by now(2023) Rule-based or AI-automated chatbots programmed to engage customers for real estate agencies. Chatbots are virtual agents that save time and grow sales.

Artificial Intelligence: Deep Learning Deep learning helps companies like Amazon and Netflix by using data analytics to predict or suggest what you might be interested in viewing or purchasing next.

5 Convincing reasons to apply AI to your EdTech startup Digitization is everywhere and has impacted almost every aspect of our lives. So, why leave EdTech behind? Here are 5 reasons to apply AI to Edtech.

Why you need to automate customer support today! Manual customer support is too expensive. Explore the most powerful and cost-effective ways to automate your customer support processes in this article!

8 vital roles that chatbots play in the automotive industry Automation is revolutionizing lead generation, sales, & support in automotive industry. Here’s how chatbots are helping in digitally transforming the industry.

How to avoid roadblocks to great customer service Shep Hyken explains how to actively identify and eliminate the roadblocks to great customer service. It’s a continuous process that will bring great results.

BeanUtils.copyProperties and why it’s not what it looks like Are you caught in the trap of writing over 50 lines of boilerplate code to accomplish a single task? With BeanUtils, you no longer have to do that. Here’s how.

Beginners guide to chatbots — 14 easy steps Businesses are moving towards chatbots to drive operational efficiency & to improve customer experience. Here’s everything you need to know about chatbots

15 Best Artificial Intelligence Books [Beginners, Pros & Business Leaders] Want to dip your foot into the AI pool, hone your skills, or see how you can use AI for your company? Here are the best artificial intelligence books for you!

Chat v/s Email v/s Phone: The winning customer support channel Email support, phone support, or chat support. Which will reign as the true champion of customer support? Find out right here, right now, in this article!

Best free chatbot platform — Engati Engati is a cloud-based platform for creating chatbots without the need for programming knowledge Bots built here can be published across 14 different channels

Blockchain 101: Everything you need to know Blockchain is a type of database where people can transact with each other without a middleman. It’s currently booming so here’s everything you need to know.

Chatbot automation: Get rid of the monotony Chatbot automation fixes all repetitive business processes? But, what do you have to keep in mind while creating them? Curious to know? Find it out now!

Bots v/s live chat | What does your business need? The speed of intelligent chatbots or the human element associated with live chat; what does your business need more? Get all the answers you need right here!

Answering the top 5 bot-building FAQs Understand how to build a bot, integrate with your existing support and marketing software, and do much more. We’re answering the top 5 bot-building FAQs here!

Learn how to build a free AI chatbot in 10 minutes Building a bot doesn’t need to take a lot of time. You don’t even have to write a single code to build your bot. See how to build your AI chatbot in 10 minutes!

3 types of authentication for building secure systems Basic, API Key and the OAuth 2.0 are the 3 types of authentication used for building secure systems. Build your chatbot with the most secure system, now!

Building sustainable, profit making, and evolving digital experience & innovation labs Dr. Swapnil Dambe tells us about everything we need to keep in mind while trying to create sustainable making digital experience and innovation centers.

Context for customers means more sales for your business Regular follow-ups with customers is a great way to manage retention in business. However, it is not enough in today’s competitive market. Read More.

Why business continuity planning just became the most important thing Customer experience expert, and Titan of CX, Dan Gingiss addresses the sudden increase in the importance of business continuity planning triggered by pandemic.

4 ways WhatsApp Chatbots can benefit your business WhatsApp business chatbots help you reach customers through channel that they prefer, making it an effective weapon in your marketing and business efforts.

#technology #artificial intelligence

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techcrunchappcom · 5 years ago

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New Post has been published on https://techcrunchapp.com/geospock-raises-additional-5-4m-funding/

GeoSpock raises additional $5.4m funding

GeoSpock, the company reinventing how data is analysed, has announced it has raised $5.4m in additional funding to accelerate the development and adoption of its database. This strategic investment round brings the total GeoSpock has raised to date to over $32 million.

The round was led by nChain, a global digital ledger research and solutions technology company, and Cambridge Innovation Capital.

GeoSpock also welcomed strategic investment from NTT DOCOMO Ventures, the investment arm of Japan’s premier provider of telecommunications and ICT services, with further backing from existing investors: Global Brain, Parkwalk, KDDI Innovation Fund, 31 Ventures, and Meltwind.

With the emergence of connected vehicles, smart cities, and the deployment of IoT sensors, the amount of data produced globally has exploded.

Traditional databases have proven too slow and cumbersome to provide genuine, real-time insights or be the basis for next-generation artificial intelligence and machine learning use cases.

GeoSpock is disrupting the big data analytics market by producing a uniquely cost-efficient, scalable, and fast database that takes advantage of parallelism and distributed compute architectures. With the latest funding round, GeoSpock is able to invest in advancing its product and technical capabilities.

Fintech startup Joko raises €10m

Dr. Steve Marsh, Founder and CTO said, “Businesses have realised that advanced analytics and rapid innovation is the key to building competitive advantage in a data-driven world, so where billion row queries that took hours were once acceptable, the market now demands trillions of rows and speed-of-thought results.

“Through the combination of connected-device data and advanced analytics we believe that planetary optimisation is possible. We are excited to welcome our new strategic investors, and look forward to establishing key partnerships with global industry leaders in order to help improve the way we live, the way we move, and the way we consume.”

Richard Baker, CEO at GeoSpock said, “We are delighted to have attracted investment and partnerships from such an extraordinary global base of investors which includes market leaders in blockchain, telecoms, smart building & smart cities solution innovators.

“We expect to become central to the companies and nations across the globe, transforming their legacy data infrastructures and building agile logical data warehouses. Investment from world-class investors represents an expression of confidence in our team, database technology, and the market opportunity ahead.”

Edgify raises $6.5m seed funding

David Washburn, CEO of nChain said, “GeoSpock is at the forefront of distributed big data analytics. The company is disrupting the database analytics market and has significant synergies with the founding principles of nChain. We’re excited to see the platform’s potential being fulfilled in the coming years.”

Carol Cheung, Principal, added, “CIC is delighted to continue to support the multi-national growth of Geospock, Cambridge’s foremost analytics database company.

“GeoSpock’s demonstrable value add has withstood the operating challenges that COVID-19 has brought, and we look forward to a bright future for the company and team.”

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#additional #funding #geospock #raises #Technology

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cladeymoore · 5 years ago

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Introducing rosetta-bitcoin: Coinbase’s Bitcoin implementation of the Rosetta API

By Patrick O’Grady

In June, we launched Rosetta as an open-source specification that makes integrating with blockchains simpler, faster, and more reliable. There are now 20+ blockchain projects working on a Rosetta implementation (Near, Cardano, Celo, Coda, Neo, Tron, Handshake, Oasis, Cosmos, Decred, Filecoin, Ontology, Sia, Zilliqa, Digibyte, Harmony, Kadena, Nervos, and Blockstack), five in-progress SDKs (Golang, JavaScript, TypeScript, Java, and Rust), and eight teams have made contributions to at least one of the Rosetta repositories on GitHub (rosetta-specifications, rosetta-sdk-go, and rosetta-cli).

Today, we are sharing a key contribution to this growing collection of implementations: rosetta-bitcoin.

Why Bitcoin?

Bitcoin is the bellwether for all of crypto, is the most popular blockchain, has the largest market capitalization, and most blockchain developers know how it works (so it is easier to understand how Rosetta can be implemented for other blockchains).

On another note, the reference implementation for Bitcoin (known as Bitcoin Core) doesn’t provide native support for many of the features integrators want. It is not possible to query account balances and/or UTXOs for all accounts, serve preprocessed blocks to callers so they don’t need to fetch all inputs to parse a transaction, nor to construct transactions without importing private keys onto the node (which isn’t practical for users that never bring private keys online). Often, these missing features drive integrators to run some sort of additional “indexing” software and implement their own libraries to handle transaction construction.

rosetta-bitcoin provides access to all these features, requires no configuration by default, and can be started with a single command. Furthermore, rosetta-bitcoin enables these features exclusively through RPC interaction with Bitcoin Core so we don’t need to maintain a fork of Bitcoin Core to enable this new functionality and easy configuration!

Rosetta API Refresher

rosetta-bitcoin implements both of the Rosetta API core components: the Data API and the Construction API. Together, these components provide universal read and write access to Bitcoin. We’ve included several diagrams below that outline the specific endpoints that any Rosetta API implementation supports. If you are interested in building on top of an implementation, we recommend using rosetta-sdk-go (which abstracts away these flows behind Golang functions).

The Data API consists of all the endpoints used to “get information” about a blockchain. We can get the networks supported by an implementation (which may be > 1 if a blockchain supports sharding or if it is a gateway to multiple networks), the supported operation types on each network, and the status of each network.

The Data API also allows for getting the contents of any block, getting a particular transaction in a block, and fetching the balance of any account present in a block. Rosetta validation tooling ensures that the balance computed for any account from operations in blocks is equal to the balance returned by the node (often called “reconciliation”).

Lastly, the Data API allows for fetching all mempool transactions and for fetching any particular mempool transaction. This is useful for integrators that want to monitor the status of their broadcasts and to inspect any incoming deposits before they are confirmed on-chain.

While the Data API provides the ability to read data from a blockchain in a standard format, the Construction API enables developers to write to a blockchain (i.e. construct transactions) in a standard format. To meet strict security standards, implementations are expected to be stateless, operate entirely offline, and support detached key generation and signing. We can derive an address from a public key (on blockchains that don’t require on-chain origination).

When constructing a transaction generically, it is often not possible to fully specify the result or what may appear on-chain (ex: constructing a transaction that attempts to use a “flash loan”). We call the collection of operations we can specify the transaction “intent” (which is usually a subset of all operations in the on-chain transaction). At a high-level, constructing a transaction with the Construction API entails creating an “intent”, gathering the metadata required to create a transaction with the “intent”, signing payloads from accounts responsible for the “intent”, and broadcasting the transaction created. Before attempting to sign or broadcast a transaction, we confirm that the transaction we constructed has the same “intent” we originally provided when kicking off the construction flow. You can see this entire construction flow in the diagram below:

Once we have a signed transaction (that performs the “intent” of our choosing), we can calculate its network-specific hash and broadcast it.

How it Works

We optimized for package re-use when developing rosetta-bitcoin. If it could be done with an existing package from rosetta-sdk-go, we used it. This has led to upstreaming a few significant performance improvements as we benchmarked and optimized rosetta-bitcoin.

We use Bitcoin Core to sync blocks/broadcast transactions, ingest those blocks using the syncer package, store processed blocks using the storage package, and serve Rosetta API requests using the server package from data cached using the storage package. You can find a high-level view of this architecture below:

To implement the Rosetta API /account/balance endpoint, we had to build a UTXO indexer that provides atomic balance lookups. “Atomic” in this sense means that we can get the balance of an account with the block index and block hash where it was valid in a single RPC call. With our Rosetta Bitcoin implementation, you don’t need to run a separate indexer anymore!

We implemented concurrent block ingestion to speed up block syncing and automatic pruning to remove blocks from Bitcoin Core after we ingest a block to save on space. Concurrent block ingestion allows us to populate multiple blocks ahead of the currently processing block while we wait for the most recently populated block to save (keeping our storage resources busy). Because we store all ingested blocks in our own storage cache, we don’t need to keep duplicate data around in Bitcoin Core’s database.

Last but not least, we implemented stateless, offline, curve-based transaction construction for sending from any SegWit-Bech32 Address. We opted to only support sending from SegWit-Bech32 addresses to minimize complexity in the first release (there are a lot of new moving pieces here). We look forward to reviewing community contributions that add MultiSig, Lightning, and other address support.

Try it Out

Enough with the talk, show me the code! This section will walk you through building rosetta-bitcoin, starting rosetta-bitcoin, interacting with rosetta-bitcoin, and testing rosetta-bitcoin. To complete the following steps, you need to be on a computer that meets the rosetta-bitcoin system requirements and you must install Docker.

First, we need to download the pre-built rosetta-bitcoin Docker image (saved with the tag rosetta-bitcoin:latest):

curl -sSfL https://raw.githubusercontent.com/coinbase/rosetta-bitcoin/master/install.sh | sh -s

Next, we need to start a container using our downloaded image (the container is started in detached mode):

docker run -d --rm --ulimit "nofile=100000:100000" -v "$(pwd)/bitcoin-data:/data" -e "MODE=ONLINE" -e "NETWORK=TESTNET" -e "PORT=8080" -p 8080:8080 -p 18333:18333 rosetta-bitcoin:latest

After starting the container, you will see an identifier printed in your terminal (that’s the Docker container ID). To view logs from this running container, you should run:

docker logs --tail 100 -f <container_id>

To make sure things are working, let’s make a cURL request for the current network status (you may need to wait a few minutes for the node to start syncing):

curl --request POST 'http://localhost:8080/network/status' \

--header 'Accept: application/json' \

--header 'Content-Type: application/json' \

--data-raw '{

"network_identifier": {

"blockchain": "Bitcoin",

"network": "Testnet3"

}

}' | jq

Now that rosetta-bitcoin is running, the fun can really begin! Next, we install rosetta-cli, our CLI tool for interacting with and testing Rosetta API implementations (this will be installed at ./bin/rosetta-cli):

curl -sSfL https://raw.githubusercontent.com/coinbase/rosetta-cli/master/scripts/install.sh | sh -s

We recommend moving this downloaded rosetta-cli binary into your bin folder so that it can be run by calling rosetta-cli instead of ./bin/rosetta-cli). The rest of this walkthrough assumes that you’ve done this.

We also need to download the configuration file for interacting with rosetta-bitcoin:

curl -sSfL https://raw.githubusercontent.com/coinbase/rosetta-bitcoin/master/rosetta-cli-conf/bitcoin_testnet.json -o bitcoin_testnet.json

We can lookup the current sync status:

rosetta-cli view:networks --configuration-file bitcoin_testnet.json

We can lookup the contents of any synced block (make sure the index you lookup is less than the index returned by the current index returned in sync status):

rosetta-cli view:block <block index> --configuration-file bitcoin_testnet.json

We can validate the Data API endpoints using the the `check:data` command:

rosetta-cli check:data --configuration-file bitcoin_testnet.json

This test will sync all blocks and confirm that the balance for each account returned by the `/account/balance` endpoint matches the computed balance using Rosetta operations.

Lastly, we can validate the Construction API endpoints using the `check:construction` command:

rosetta-cli check:construction --configuration-file bitcoin_testnet.json

This test will create, broadcast, and confirm testnet transactions until we reach our specified exit conditions (# of successful transactions of each type). This test automatically adjusts fees based on the estimated size of the transactions it creates and returns all funds to a faucet address at the end of the test.

When you are done playing around with rosetta-bitcoin, run the following command to shut it down:

docker kill --signal=2 <container_id>

Future Work

Publish benchmarks for sync speed, storage usage, and load testing on both testnet and mainnet

Implement Rosetta API /mempool/transaction endpoint

Add CI test to repository using rosetta-cli (likely on a regtest network)

Support Multi-Sig transactions and multi-phase transaction construction

Write a wallet package (using rosetta-sdk-go primitives) to orchestrate transaction construction for any Rosetta implementation (you can find some early work on this effort here)

If you are interested in any of these items, reach out on the community site.

Work at Coinbase

We are actively hiring passionate developers to join the Crypto team and a developer relations lead to work on the Rosetta project. If you are interested in helping to build this common language for interacting with blockchains, Coinbase is hiring.

This website contains links to third-party websites or other content for information purposes only (“Third-Party Sites”). The Third-Party Sites are not under the control of Coinbase, Inc., and its affiliates (“Coinbase”), and Coinbase is not responsible for the content of any Third-Party Site, including without limitation any link contained in a Third-Party Site, or any changes or updates to a Third-Party Site. Coinbase is not responsible for webcasting or any other form of transmission received from any Third-Party Site. Coinbase is providing these links to you only as a convenience, and the inclusion of any link does not imply endorsement, approval or recommendation by Coinbase of the site or any association with its operators.

All images provided herein are by Coinbase.

Introducing rosetta-bitcoin: Coinbase’s Bitcoin implementation of the Rosetta API was originally published in The Coinbase Blog on Medium, where people are continuing the conversation by highlighting and responding to this story.

from Money 101 https://blog.coinbase.com/introducing-rosetta-bitcoin-coinbases-bitcoin-implementation-of-the-rosetta-api-71323052b32c?source=rss----c114225aeaf7---4 via http://www.rssmix.com/

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crypto4all · 5 years ago

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Is It Possible To Patent Bitcoin? - Intellectual Property

Poland: Is It Possible To Patent Bitcoin?

28 May 2020 JWP Patent & Trademark Attorneys To print this article, all you need is to be registered or login on Mondaq.com. Bitcoin is a cryptocurrency described for the first time in 2009 article by Satoshi Nakamoto. Even now, it is not entirely clear who Satoshi Nakamoto is. Possibly, it is a group of people cooperating under this alias. It is certain, however, that the entire concept of Bitcoin as an innovative currency revolutionized the global financial market. Bitcoin is one of the so-called FinTech technologies. Bitcoin is based on blockchain Bitcoin is one of the examples of utilizing blockchain technology. More precisely, blockchain is a decentralized and distributed database created using cryptographic algorithms with public and open registers. In practical terms, it is assumed that Blockchain makes it possible to obtain a data register that is fully transparent, reliable and safe despite the lack of a central governing body that manages this data. As a result, it was possible to create, e.g., the Bitcoin cryptocurrency used for trading online without the supervision of transactions by banks. Many people wonder whether such solutions could be patented at all. Firstly, it is necessary to analyze the nature of FinTech solutions which, as the name suggests, combine finances and technology. Patent law in various countries Each country and patent office has its own set of acts and laws regulating in detail patent law in a given territory. However, some general concepts can be found in all legislations and they constitute the basic concept of a patent. One of them is the requirement of a technical nature of the solution. It can be worded in a variety of ways, e.g., the invention is required to have "a technical effect", solve "a technical problem", the invention is "a creation based on a technical idea, in which natural law is applied", etc. Their meaning is similar - we cannot monopolize purely abstract concepts through patenting. Similarly, it is not allowed to monopolize in such a way scientific discoveries, laws of nature or mathematical laws and operations. Additionally, schemes, rules and methods of mental processes, playing games or running a business, as well as computer programs are usually treated as intangible, and therefore abstract, solutions that cannot be patented. That is why in the case of FinTech, the financial aspect per se is very hard to patent. Financial transactions, especially online, are a fairly abstract concept and it is hard to treat them as inventions of technical nature. The essence of the innovative character of those solutions is utilizing modern technologies in finances, which is also problematic. Making a distinction between technical and abstract characteristics, in the traditional sense as stipulated by patent law, is very complicated especially in modern technologies based on artificial intelligence, machine learning or blockchain. Future challenges Patent offices around the world are currently facing the need to adapt patent law, with its basic principles created in the late 19th century, to the requirements of modern industry, described as Industry 4.0. In practice, each office has its own distinctive approach to patenting computer-aided inventions, namely those making use of software. It is a result of a change in perception and legal interpretation. For example, patent law in the US has changed rapidly over the years, moving from a very liberal approach to a very restrictive one. It is believed that the most stable and predictable approach, as well as quite liberal, is the one of the European Patent Office. Patents are already granted More and more patent offices maintain that although software as such is obviously not patentable, its application in order to solve a particular technical problem can be patented. Therefore, it is more likely to patent solutions enhancing the FinTech development, such as making operations more secure by using cryptography or other technical considerations on the function of the inner computer. Examples of patents granted for inventions regarding cryptocurrencies can be found primarily (but not only) in the C06Q class of the International Patent Classification concerning systems and methods of processing data for financial purposes among others: US10055715B1: patent granted in 2018 by the USPTO to the American company SQUARE specializing in mobile payments. The claimed invention is a cryptocurrency payment network in which the problem of delays in processing requests is solved. EP3387785B1: patent granted in early 2019 by the European Patent Office (EPO) to nChain - a FinTech company specializing in cryptocurrency software. The claimed invention relates to the security of operations made in the blockchain framework. EP3455999B1: patent of July 2019, also granted to nChain. The claimed invention relates to cryptographic techniques that ensure transaction security. The answer to the titular question is, unsurprisingly given the context, that it all depends on circumstances. Preparing descriptions of FinTech solutions and other new technologies is a complex and sensitive task. The solution needs to be properly described, supported by necessary figures and embodiments. It is vital to focus on its technical characteristic, as understood in terms of patent law. That is why in such a complicated process, the guidance of an experienced patent attorney is indispensable. Originally published 27 March 2020 The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances. POPULAR ARTICLES ON: Intellectual Property from Poland Highest EU Court Pours Hot Water On Coty v Amazon Case Taylor Vinters "Does a person who stores infringing goods for a third party, without having knowledge of the infringing nature of said goods, stock these goods for the purpose of offering them or putting them on the... A Day In The Life Of A Trainee Patent Attorney Haseltine Lake Kempner LLP Like many trainee patent attorneys, I was attracted to a career specialising in intellectual property law due to the prospect of being at the forefront of science and technology... Compulsory Licenses Amidst The COVID-19 Pandemic Patpol Kancelaria Patentowa Sp. z o.o. Because of the ongoing COVID-19 pandemic, there have been some reports in the media about shortages of the most needed products, such as medicines, personal protection articles, or spare... The Basics Of Trade Mark Law Gowling WLG To register a trade mark, there are various criteria that need to be met. In this podcast, Charlie Bond goes through the basics of trade marks, with a focus on UK law and procedure... Key IP Trends To Watch For In 2020 Dennemeyer Group A new decade is upon us, and its first two months have veered between ordinary and chaotic. Somewhere in the middle of that spectrum lie a handful of developments relevant to the field of Intellectual Property. Read the full article

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einfolgetechnologies · 5 years ago

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Blockchain Technology and IP Aspects

Blockchain technology is an internet of digital assets, for simple, secure and timeless transaction. Providing with a peer-to-peer network, blockchain technology is viewed as “the future for financial services infrastructure”. It was originally devised for the digital currency, Bitcoin, and ether; however, the tech community is now finding other potential uses for the technology. Expert says- “The blockchain is an incorruptible digital ledger of economic transactions that can be programmed to record not just financial transactions but virtually everything of value.”Pseudonymous developer(s) Satoshi Nakamoto introduced Bitcoin, offering a currency of only 31,000 lines of code and an announcement on the Internet.

Bitcoin and Ether both are crypto-currencies, but the Bitcoin blockchain and ether block chain are way different from each other. Bitcoin serves purely as a digital currency while Ethereum blockchain is in general an implementation of blockchain technology. Though more advanced calculating features are embedded in Ethereum blockchain, complexity makes the platform more vulnerable to cyber-attacks than Bitcoin.

Like fiat currency (paper money) and gold before, Bitcoin and ether allows people to exchange value, on the contrary these are digital and decentralized unlike the fiat currency and gold. Block chain facilitates people to exchange value without intermediaries which translates to greater control of funds and lower fees.

More often, people inadvertently uses “Bitcoin” to mean block chain. They are related but not the same. Bitcoin is the digital currency used for making transactions with cryptocurrency. Transactions using Bitcoins are stored and transferred using a distributed ledger on an open, public, and anonymous peer-to-peer network. Blockchain is the under gird technology that maintains the Bitcoin transaction ledger.

Further, the blockchain technology is revolutionizing industries as varied as finance, fashion, government and health care, among others. The Digital Asset Research Lab has been funded as part of a three-year partnership with Imperial’s Centre for Cryptocurrency Research and Engineering (IC3RE). Its purpose will be to operate as the leading international centre for ongoing research and application related to cryptocurrency and block chain technology.

The Blockchain Wallet API provides a simple interface to the merchants, so that they can use to programmatically interact with their wallet.

Anything recorded on a blockchain cannot be altered, and for each asset there are records. So, in a business network where participants might not be able to trust each other, they can trust the blockchain. The benefits of blockchain for business are numerous, including reduced time (for finding information, settling disputes and verifying transactions), decreased costs (for overhead and intermediaries) and alleviated risk (of collusion, tampering and fraud).

Today, it is the top agenda of major multinational companies like Microsoft, Google, Apple, Amazon and IBM, as well as all leading fintech firms. Blockchain technology has manifested its potential to reshape the financial world, with as wide as a revolution that experienced when the internet came to be. It is therefore a good reason that the fintech industry and governments are keenly looking for the bandwagon to capitalise on the technology and pioneer its potential through IP protection.

As far as Intellectual Property is concerned, these thousand lines of codes need to be protected for monetisation. The controversy here is, they must overcome the hurdles presented in a 2014 US Supreme Court decision: Alice Corp. v. CLS Bank International, 573 U.S. __, 134 S. Ct. 2347 (2014).The Supreme Court unanimously held that claims related to a computer-implemented technique of mitigating “settlement risk” in financial transactions were patent ineligible. Further, the Court has clarified the “abstract idea” subject matter cannot be prosecuted to grant a patent. The software patents can be patent eligible only when applied to a computer. In contrast, a patent application that improves the technological functioning or process of a computer system could be eligible for patentable subject matter.

However, lot of applicants from financial service industry are trying to protect their blockchain inventions under IP protection and claiming a subject matter to get monopoly to commercialize and the filing numbers are dramatically increasing each year.Especially the key concepts such as Blockchain database, Blockchain transaction, security and authentication, Block chain smart IP contracts are the emerging technologies where the widespread filing of patents is happening.

Einfolge has been a pioneer IPR player in the blockchain field. Einfolge provides patent search services, end-to-end solutions including prior art researches, drafting the patent applications, Examination Responses and thus helps many Blockchain Companies including Start-ups to protect their IPR assets.

Reference Article: Blockchain Technology and IP Aspects

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heatherrdavis1 · 5 years ago

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BITCOIN (BTC) BREACHING THIS LEVEL WILL TRIGGER MARKET FIREWORKS | $3B in Stablecoins Ready To Go

VIDEO TRANSCRIPT

In today’s show three billion dollars in dry powder A. K. A. stable coins poised to enter the big point in crypto markets according to Masari CEO who just recently published there’s now three billion dollars plus of stable coins that non exchanges if investors want to cash out of crypto completely they would have withdrawn funds to the banks instead we’ve got more dry powder held in the crypto economy than ever before in both real and market cap percentage terms I’ll be breaking this down for you in today’s show also in today’s episode bit coin breaching this level will trigger market fireworks according to a crypto analyst with over two hundred thousand followers on Twitter what is this level we’ll be discussing it and breaking it down for you in today’s show also in today’s episode active bit coin supply it’s a new high in six months as the hash rate drops that’s correct check it out the last note alerts which is a blockchain analytics firm they published bit coin active supply three to five year with a one day moving average just reached a six month high of over one million in the previous six month high which has just been breached was observed on April sixteenth of twenty twenty we giving you the full run down in today’s episode we’ll also be taking a look at the overall crypto currency market as you can see bit coin and most of the major cryptos are back in the green where’s the big coin price likely to go from here find out all this plus so much more in today’s show. Your record the news alerts I dropped a brand new episode every single day so be sure to smash that subscribe button and click that bell icon to receive notifications of the latest premium crypto news and before we kick off today’s show if interested in learning from the one and only take a Tory America’s number one investor the Wall Street legend who picked apple back in two thousand and three and bit coin in twenty sixteen shares his number one pick for the twenty twenties he’s calling it the investment of the decade right now there’s a mad rush in corporate America it involves Amazon Google Microsoft Facebook they’re all betting on a new technology the World Economic Forum projects will soar two hundred and ninety five thousand percent over the next seven years but it’s not a I the internet of things or five G. for full details click the link right down below this video in the description all right welcome back to another episode of crypto news alerts I’m your host T. V. and let’s dive right into today’s top story of the day with three billion dollars in stable coins poised in a waiting on the sidelines the C. E. O. blockchain database startup Massari says there’s a huge amount of crypto capital sitting on the sidelines ready to move into big goin theory M. XRP and the greater altcoin markets Ryan sulcus sites new data that shows crypto exchanges are now holding over three billion in stable coins on behalf of their customers he says that these investors are in a strategic position to reenter the speculative crypto market at a moment’s notice here’s what he’s quoted saying there’s now three billion dollars plus of stable coins sit on exchanges if investors wanted to cash out of crypto completely they would have withdrawn funds to banks instead we’ve got more dry powder held in the crypto economy than ever before in both real and market cap percentage terms as you can see right here there’s over three billion worth the stablecoin sit in on the sidelines stable. Coins are digital currencies pegged to traditional assets like fiat they’re designed to hold steady value and offer crypto traders an easy way to escape the high volatility of the crypto markets without having to convert your crypto back to fiat back in November binance research published a report on the habits of the sixty nine high net worth customers with crypto allocations ranging from one hundred thousand dollars to twenty five million A. K. A. your average whale the survey found that ninety six percent of those investors are utilizing the stable coin market with tether ranking at the top stablecoin by a wide margin here’s what Ryan sulcus included in this report despite its ongoing legal issue being considered one of the most significant rest for the industry U. S. D. A. K. A. tether USDT remain the most widely used stablecoin forty percent for reasons quoted such as greater liquidity and higher market capitalization than its peers well I’ll turn it if options are being used stable coins backed by exchanges like US DC by Coinbase and circle and B. USD by binance seem to spark more prominent interest for many respondents than other than U. S. T. T. fiat backed competitors and as you can see in this chart stablecoin used in percentage of total responses according to those sixty nine clients who happen to be whales and you can see U. S. T. T. forty percent by a long shot beating the rest U. S. DEC nineteen percent packs thirteen percent to USD thirteen percent die six percent G. U. S. T. two percent B. U. S. D. which is binance three percent and U. S. D. S. two percent and then four percent of the people using none whatsoever now let’s get to our next story of the day bit coin breaching this level which we’re gonna cover will trigger market fireworks according to crypto analysts although the price a bit coin seems very valid tile the crypto has been in a period of consolidation over the past two weeks stalling in the high six thousands in the low seven thousand after briefly enter. Acting with the highs of seven thousand four seventy just below that seventy five hundred dollar resistance bit coin seems to be stuck between a rock and a hard place you can say that again with any move below sixty seven hundred being bit heavily and thirty three the thirty four hundred failing to crack due to the zones historical importance to the market but according to a prominent crypto analyst if a certain price point is reached fireworks or rapid move higher in other words are likely to follow let’s discuss it big claim breaking this level will validate the bulls and hurt the bears a trader with the moniker crypto Yoda may the force be with you who has garnered over two hundred thousand followers on Twitter on Saturday released the latest iteration of his technical analysis newsletter series the letters from dad bomb hopefully I’m pronouncing that correct and I’m going to include this report in the show notes below the video ended description for your reference and check it out for yourself it’s pretty detailed and there’s a great deal of information jam packed inside in it he explained that while the market structures leaning bearish due to the existence of a rising wedge formation and a head and shoulders pattern to trends that are Buhari’s by textbook definition bit coin breaking seventy four seventy five would validate the bear case pushing the bears out of their positions while inviting longs buying the bears pain here’s what he had to share I take out of that high could lead to a massive covering of shorts and buying on volume leading to a strong rally especially as buyers have already eaten through resistance levels of the previous lows what he’s explaining is that a bit coin manages to set new highs it will prove that the ongoing consolidation is not indicator of a top but instead consolidation proceeding bullish continuation likely the eight thousand dollars and beyond importantly the analysts did admit that if this breakout can take place there remains significant overhead resistance with the daily one hundred and two hundred exponential moving averages at seventy six. A hundred and seventy nine hundred respectively if the bulls want to succeed though they should make it happen quick as analysts have observed that sell side pressure starting to mount AV filmen I know I hear this in yesterday’s episode a trader at crypto asset fund block tower observed on Friday that there are two clean technical signs that a correction in the big coin price is on the horizon regarding that Tom Denmark sequential a time base indicator that prince nine candles to market reversals is printing a cell nine candle on the three day chart and also at the ram is currently failing to break past the three day fifty day moving average and the two hundred day moving average as we can see right here on the screen to add to this don all remarked that while the recent daily candles have not been super bearish it is awfully close to how the ten thousand dollar top played out pointing to structural similarities between big points price action during that time frame in February of this year and now so I’d love to know your thoughts do you agree with this technical analysis that if we can break that seventy four seventy five ultimately seventy five hundred resistance that we’re likely to see eight thousand dollars and beyond or do you feel we’re more likely to have a correction let me know your thoughts in the comments right down below and before we get to our next story of the day with the big coin supply hitting a new all time high in six months as the hash rate drops let’s take a look at the overall crypto currency market as you can see bit coin and most the major cryptos are back in the green bit coin up half a percent for the day trading at seven thousand one hundred seventy six dollars we need to breach that seventy four seventy five hundred dollar resistance in order to move on forward to eight thousand according to today’s technical analysis I shared a theory I’m is up almost three percent trading at a hundred and eighty three dollars XRP up point three percent trading at nineteen cents link is up almost two percent trading at three dollars and sixty eight cents B. and B. coin up one percent trading at sixteen dollars and thirty three cents EOS one of the few. Actually in the red down point three percent trading at two dollars and sixty seven cents Mr light goin up one percent trading at forty three dollars Tezos up a whopping seven percent trading at two dollars and thirty cents Sidoti vision up two point six percent trading at two hundred dollars even and bitcoin cash up half a percent trading at two hundred and thirty eight dollars all right now for our next story of the day let’s break it down as the clock is ticking and the third bit coin mining is getting close real close about three weeks out regardless of the cobit nineteen planned that makes bread the lockdown in the economic financial recession in the US and other countries bitcoin investors keep watching the changes of various metrics regarding the flagship crypto you got that right last note agency offers them press data regarding the active bit coin supply the analytical agency glass note reports that holders we have been using their wallets over the last three to five years have become more active in moving their bit coin stashes over the past half a year the index of the act a bit coin three year to five year supply has hit a new six month high and now totals one million eighty two thousand seven hundred and fifty five taking a look at this tweet from blockchain analytics firm class knows they wrote bit coin active supply three to five years with the one day moving average just reached a six month high of over one million compared to the previous six month high which was observed on sixteenth of April twenty twenty however opposite data has arrived for the active bit coin supply for five to seven years over the past six months the active bit coin supply has come to a low of one million one hundred twenty six thousand nine hundred and thirteen so here’s what they’re quoted saying big coin active supply five to seven years with the one day moving average just reach the six month low of one million one hundred twenty six thousand the previous six month low of one million one hundred twenty seven thousand was observed on April seventeenth of twenty twenty data provided by class note also states. That over the last twenty four hours that the mean big coin hash rate has declined by around eleven point nine percent here’s what they’re quoted sharing big coin mean hash rate decreased significantly in the last twenty four hours the current value is a hundred and eight holy cow I’m not even going to attempt to stay that number if you know how to pronounce that you let me know in the comments right down below but ultimately down eleven point nine percent from this quoted a statistic pretty interesting to say the least now let’s take a look at the overall crypto currency market cap we’re sitting at two hundred and eight billion dollars with a hundred and thirty five billion in volume in the past twenty four hours in the current BTC dominance is sixty three point four percent and now taking a look at the top gainers within the top one hundred we have numeraire up eleven point four percent trading at twenty dollars and sixty six cents enjin coin go E. N. J. up almost ten percent trading at ten and a half cents we have maker up eight percent trading at three hundred twenty seven dollars has those up almost eight percent trading at two dollars and thirty one cents the cash up six percent trading at forty four dollars Digix DAO up six percent trading at thirty five dollars and twenty two cents and the theory him up five point six percent trading at a hundred and eighty three dollars and now for the biggest losers within the top one hundred we have hyper gone down eight percent trading at twelve cents swipe down three percent trading at sixty two cents A. B. B. C. corn down two point seven percent trading at eleven and a half cents insular down two percent trading at eighty-six cents Komodo down two percent trading at fifty-nine cents and Lisk down one and a half percent trading at a dollar five and now checking out the bitmex margins we can see the bulls are back in control leading with thirty-five million in superiority in the last twenty-four hours with long’s leading fifty one point two percent versus forty-eight point eight percent short are you currently bullish or bearish on bitcoin for the short-haul let me know in the comments. Right down below and now checking out one of my favorite indicators is the crypto greed and fear index shows were currently rated the sixteen an extreme fear yesterday was an eighteen last week eleven and last month the ten all of which is within extreme fear and if you’re not familiar with the could the greed and fear index extreme fear which is where we’re currently at and been stuck at for quite some time can be a sign that investors are too worried that can be a great buying opportunity and when investors are getting too greedy that means the market is due for a correction and now checking out the bit coin block reward halving countdown we have twenty two days holy moly I can’t believe we’re just three weeks out I’m so stoked in a static for this event you don’t even know hence why we’re countdown twenty three hours twenty three minutes and thirty seven seconds remaining the estimated date for the bit coin having a set to be may twelfth I’m pretty ecstatic for this event which only occurs approximately every four years take a Tory describes the phenomenon as the bit coin having as well as massive demand we’re talking about institutional money pouring into the crypto market and when this happens it creates a parabolic run Indicoin is due I mean check it out since twenty seventeen was the last time we reached an all time high of about twenty thousand dollars that’s literally over three years ago we’re going on for years this is long overdue I do agree with Mike Naveh Gratz that we will re test all time highs later on this year I’m pretty bullish for bitcoin let me know how you feel in the comments right down below and I want to encourage you to check out the description right below this video by clicking show more in the description right down below for a detailed analysis of what’s going on in the market this goes for all the videos here on my channel and also included some very helpful resources for you to plug into including the blog to my podcast which could be found at crypto news yes not only is this updated every day it also allows you to download the latest episode of the show including the audio so you can actually listen to it on the go on your way to work or whatever the case may be. Also be sure to subscribe on YouTube if you haven’t yet already done so this helps tremendously what you to be showing more love and getting more people exposed to the content here on the channel and also any major podcasting platform you’re on you can also support the show on iTunes Spotify Google play stitcher radio so whichever podcasting platform you’re active on please do help support the show it’s greatly appreciated you can also follow us on Twitter to receive daily crypto news alerts my Twitter handle is crypto news yes and also have a private crypto Facebook group to become a part of this simply click this link request to join I’ll be sure to plug you in and I also have a private crypto telegram chat which I’m very active on to become a part of this click this link specifically from a mobile device and you’ll automatically be added and I’m looking for to connecting with you on the inside well that’s going to conclude today’s show as always I appreciate you tuning in and joining along with me inside this incredible crypto revolution if you gained value added today so be sure to smash that subscribe button and click that bell icon to receive notifications of the latest premium crypto news and in the meantime let’s sit back relax and sip on a crypto cocktail as we watch bitcoin climb to the moon and real quick before I go if interested in learning from the one and only two Qatari America’s number one investor the Wall Street legend who picked apple back in two thousand and three Indicoin in twenty sixteen shares his number one pick for the twenty twenty is he’s calling it the investment of the decade right now there’s a mad rush in corporate America it involves Amazon Google Microsoft Facebook and they’re all betting on a new technology the World Economic Forum projects will soar two hundred and ninety five thousand percent over the next seven years it’s not a I the internet of things or five G. for full details click the link right below this video in the description it’s gonna take you here watch this presentation from the one and only two Qatari and I look forward to catching you on tomorrow is that. So peace.

Via https://www.cryptosharks.net/bitcoin-breaching-will-trigger-market-fireworks/

source https://cryptosharks.weebly.com/blog/bitcoin-btc-breaching-this-level-will-trigger-market-fireworks-3b-in-stablecoins-ready-to-go

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scottmapess · 5 years ago

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BITCOIN (BTC) BREACHING ‘THIS LEVEL’ WILL TRIGGER MARKET FIREWORKS | $3B in Stablecoins Ready To Go

VIDEO TRANSCRIPT

source https://www.cryptosharks.net/bitcoin-breaching-will-trigger-market-fireworks/ source https://cryptosharks1.blogspot.com/2020/04/bitcoin-btc-breaching-this-level-will.html

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jeffrmayhugh · 5 years ago

Text

BITCOIN (BTC) BREACHING ‘THIS LEVEL’ WILL TRIGGER MARKET FIREWORKS | $3B in Stablecoins Ready To Go

VIDEO TRANSCRIPT

source https://www.cryptosharks.net/bitcoin-breaching-will-trigger-market-fireworks/ source https://cryptosharks1.tumblr.com/post/616163457834844160

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cryptosharks1 · 5 years ago

Text

BITCOIN (BTC) BREACHING ‘THIS LEVEL’ WILL TRIGGER MARKET FIREWORKS | $3B in Stablecoins Ready To Go

VIDEO TRANSCRIPT

source https://www.cryptosharks.net/bitcoin-breaching-will-trigger-market-fireworks/

0 notes

lauramalchowblog · 5 years ago

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Flipping the Stack: Can New Technology Drive Health Care’s Future?

By MATTHEW HOLT and INDU SUBAIYA

Indu & I have been talking about Flipping the Stack in health care for about 3 years. 2 years ago we wrote an article for a general hospital audience which appeared in the 2019 AHA SHSMD Futurescan magazine. I was talking about the changes in home monitoring that might come about due to COVID-19 and remembered this article. The one that got published went through a staid editing process. This is the original version that I wrote before which was rather more fun and hasn’t seen the light of day. Until now. Take a look and remember it is 2 years old–Matthew Holt

Over the past twenty-five years most businesses have been revolutionized by the easy availability of cloud and mobile-based computing systems. These technologies have placed power and access into the hands of employees and customers, which in turn has created huge shifts in how transactions get done. Now the companies with the highest market value are both the drivers of and beneficiaries of this transition, notably Apple, Facebook, Amazon and Alphabet (Google), as well as their international rivals like Samsung, Baidu, Tencent and Alibaba. Everyone uses their products every day, and the impact on our lives have been remarkable. Of course, this also impacts how businesses of all types are organized.

Underpinning this transformation has been a change from enterprise-specific software to generic cloud-based services—sometimes called SMAC (Social/Sensors/Mobile/Analytics/Cloud). Applications such as data storage, sales management, email and the hardware they ran on were put into enterprises during the 80s and 90s in the client-server era (dominated by Intel and Microsoft). These have now migrated to cloud-based, on-demand services.

Twenty years ago the web was still a curiosity for most organizations. But consumers flocked to these online services and in recent years businesses followed, using GSuite, AWS (Amazon Web Services), Salesforce, Slack and countless other services. Those technologies in turn enabled the growth of whole new types of businesses changing sectors like transportation (Uber), entertainment (Netflix), lodging (AirBnB) and more.

Figure 1. Growth in use of cloud data v s traditional data centers

What about the hospital?

Hospitals and health systems were late comers to the enterprise technology game, even to client-server. In the 2000’s and 2010’s, mostly in response to the HITECH Act, hospitals added electronic medical records to their other information systems. The majority of these were client-server based and enterprise-specific. Even if they are cloud-based, they tend to be hosted in the private cloud environment of the dominant vendors like Epic and Cerner. Of the major EMR vendors only Athenahealth had an explicit cloud-only strategy, and its influence has been largely limited to revenue cycle management on the outpatient side.

However, the hospital sector is likely to move towards the trend of using the cloud seen in other businesses.

Current technology vendors including Epic and Cerner are beginning to open their systems, and at least moving to private cloud, while another large vendor, Allscripts, has put most of its technology onto Microsoft’s public cloud (Azure). In addition, all the major EMR vendors have adopted the FHIR standard and SMART on FHIR protocols which make it much easier to move data between different applications and to give users a choice of tools, many of which are hosted on the cloud. These standards, as well as products from newer breeds of middleware brokers such as Redox and Sansoro, are allowing smaller companies to develop and sell workflow tools to providers, clinicians and patients.

FHIR (Fast Health Interoperability Resources) is a set of standardized frameworks built around the concept of standardized data elements and “resources” — modular components built using modern web programming languages. The resources define common data elements, so data can be easily moved form one system to another.

SMART on FHIR is a protocol that allows applications to be launched from within other applications (usually an EMR) so that a user (e.g. a clinician) can launch a new tool bringing the data from the EMR with them. One example we’ve shown at Health 2.0 is a pharmacist launching the Meducation app within the Cerner EMR. One hint of the business complexities SMART on FHIR might cause is that Meducation is owned by drug information company First Databank whose main rival is Multum—owned by Cerner.

How quickly is FHIR being adopted? In the SHSMD survey only 8% of hospital executives said their organizations were already using FHIR to make it easier for 3rd party applications to access their data, with 29% saying they were very likely to do so and 24% saying it’s mostly likely they would. Our guess is that these numbers understate FHIR’s impact. Bear in mind this standard is already being used by Apple to extract data for its health record from 90 top hospitals. In addition, all major EMR vendors and many major health systems are developing a series of partnerships, apps stores and innovation programs to allow those 3rd party application vendors easier access to users (clinicians, patients, administrators). And many hospitals (including Mount Sinai, Providence St Joseph and more) are of course contributing to the explosion in apps and services by encouraging their internal teams to create them.

Figure 2: The break up of tech platforms

It is early days for this transformation. Most clinical organizations are still using a single vendor, but over time the three main layers of tech functionality—data storage, transactions and user interface are starting to break apart, allowing different players and different technologies to be plugged into various parts of the enterprise. For example, there’s been dramatic growth in third-party telemedicine services like Vidyo or Aviza integrating with the EMR. Similarly a new class of tools are using APIs to plug into the EMR, like Gauss Surgical which tracks blood loss in the OR using an iPad. In addition, there’s now a layer of separate companies providing data exchange and another providing data analytics in the cloud. In other words the tech stack is itself decentralizing and breaking up.

There’s considerable debate within the health tech community as to the near-term evolution of the hospital tech environment. Most hospitals have spent huge amounts on EMR installations in recent years which would tend to argue against many of them performing a “rip and replace” on their incumbent vendors. But while the transaction layer inside the current EMR (e.g. for orders and clinical documentation) would look to be well embedded in the system, new types of interface, storage and data analytics are increasingly being trialed.

The advent of FHIR, APIs and distributed storage certainly portends a future of decentralized data and decentralized services. That has big implications for organizations like health systems that are trying to combine physical and contractual controls over their data and services.

As advancements in technology continue to revolutionize health care, leaders in the field are preparing for the next wave of change and how it will impact hospitals and health systems and the communities they serve.

At the forefront are AI), VR, AR and blockchain – all built on the expanding capabilities of cloud computing and driven by the burgeoning Internet of Things.

Blockchain

Blockchain is a distributed database technology in which every transaction is recorded on every node in a network, and therefore very hard to hack or alter. Blockchain also does more than just record transactions. It allows the embedding of “Smart Contracts” within the blockchain which enables permissions, allows and points access to data and performs transactions – all automatically. Closely related is the concept of “identity by consensus” which enables the authorization of identity from data gathered from multiple sources of information.

It is extremely early days in blockchain. There are one or two industry groups forming in health care (such as the Linux Foundation’s Hyperledger Consortium and Hashed Health). In a recent survey 75% of health care executives say their understanding of blockchain is “excellent,” while 39% say it’s in their top 5 priorities. In the Deloitte survey 11% of health care executives reported deploying blockchain somewhere in their enterprise, the SHSMD survey of hospital executives for this publication had a much more stringent question. When asked if “their organization would change most of its data storage and transactions tools to blockchain or other distributed computing technologies”, 6% said it was already happening, while another 24% said it was very likely.

The only thing being hyped more than blockchain is Artificial intelligence (AI). Virtually anyone who can run an Excel macro now claims to have an AI product, and at the other end of the spectrum techno-optimists are looking to merge their brains with machines and achieve the singularity. But at its core AI is enabling very quick computation of vast amounts of data looking for patterns, and making suggestions about them (i.e. in Radiology, symptom assessment) and in some cases acting on those patterns (self-driving cars, robotic surgery). Perhaps the most promising area for AI is in computations that are just far too complex for humans, such as identifying the factors behind cancer or managing and matching complex drug regimens with genomic and phenotypes.

Examples of just a few companies using AI for complex tasks in health care

Prognos –Use lab, medical and claims data to predict patient disease onset

SurveyorHealth—Personalizes complex drug regimens to lower risk and improve outcomes

Babylon Health—Chatbot front end, takes symptoms and delivers diagnoses

While the worlds of gaming and entertainment are already being changed by VR and AR, it’s a little harder to see where these fit in in health. So far, VR is being experimented with in pain management and mental health. AR seems to be finding its niche in remotely recording and supporting patient physician visits andoverlaying X-ray images on patients to aid in clinical precision.

Augmented Reality superimposes a computer-generated image or data over a view into the real world using a device that a user can see through such as Microsoft Hololens or Google glass

Virtual Reality places the user in a completely artificial world using a system of headsets, (such as Oculus Rift or the HTC Vive) controllers and gloves. (end of box)

But the biggest part of the AI, AR, and VR revolution is likely to come with the combination of these trends with the underlying technologies of sensors, analytics and on-demand computing. The early stages of this is playing out in kitchens and living rooms across the world filled with kids demanding that Alexa play some annoying teeny bop song while their parents desperately try to tell it to shut up. But voice-controlled and automatically-controlled systems will soon both be responding to human instructions and predicting them. Already some companies like Aiva are putting Alexa in hospital rooms to replace nurse call systems, which enable two way communication. Soon more and more of this will be automated, and the sensors will not only be taking instruction but also be passively tracking patient activity in the hospital and in the home, and automatically responding.

The role of the Tech Giants

It has escaped few observers’ attention that the companies with the most advanced technology in AI, voice recognition, sensors and cloud computing are the same ones which have benefitted from the SMAC revolution. Concurrently the health tech press has been abuzz with articles reading the tea leaves about what Amazon, Apple and Alphabet/Google will do in health care.

For this publication the SHSMD survey asked hospital executives if a major technology company, such as Google, Amazon, or Apple, would emerge as a significant developer of health care services that competes directly with their organization’s services. 9% said this was already happening (again that might be a surprise to the tech giants) but another 38% said it was very likely.

No one (probably including the tech giants themselves) has a really clear view of what they are doing and what adding services and applications to their massive technology reach among consumers could do. But clearly any of these companies has the balance sheet enabling them to do anything they like in health care. In addition, other major players such as CVS (which is currently buying Aetna), Walmart (rumored to be buying Humana), and United HealthGroup (which has bought several large physician groups) are not sitting still. It seems that all of them are angling in on the chronically ill consumer in the home. This is of course a patient population and location with which traditional health care systems have struggled.

Sleuthing the tech giants’ health care moves

Apple seems focused on sensors. Looking at its acquisitions, hiring and patent applications, the best guess is that Apple is focusing on tracking bodily functions related to diabetes, heart disease, sleep and using the Apple Watch as a core device. It’s also created an integration of EMRs from over 90 hospitals which can bring data into its app store, and is creating its own medical clinics.

Amazon is clearly getting into hospitals supplies, and recently bought PillPack, a pharmacy specializing in home delivery for those on multiple medications. In addition, it also has the biggest cloud service in AWS and its Alexa currently dominates the smart speaker market which is already in 20% of homes. That suggests that it’s targeting the chronically ill at home.

Alphabet also has its cloud service (Google Cloud) which has 30+ health tech companies on its app store while it has placed many bets in its Verily unit on genomics & personalized medicine. In addition it has a $500m joint venture with Sanofi called Onduo working on diabetes care, and it just bought 10% of Oscar Health, a new style insurance company.

Inverting the stack

There are several obvious scenarios in which new market entrants can change health care but the one in which they take a major role we call “Tech inverting the stack”

Figure 3: The Traditional Care Delivery Stack

Traditionally care delivery from clinicians was (and is) the basis for health care—the office visit, the hospital admission. Then services were added (think phone support from nurses). Finally, technology was deployed to track and bill for it. Facilities and organizations were designed around the processes and staff required to carry this out.

Imagine this triple layer being inverted. Starting with technology, the sensors, trackers, AI systems and processes are soon going to be in place monitoring, measuring and suggesting next steps to both providers and patients. In general, this will move health care from being an event driven system to becoming a consistent process. Theoretically “normal’ patient behavior and activity will not need any response, whereas exceptions and problems will require intervention from a combination of human and machine services. Finally, care delivery – the clinical interventions that make up health care are we know it today – will become an added extra to the top of the health care stack. In fact almost any clinical intervention could be thought of as a failure of the system, or at least a correction to “auto-pilot” mode.

Figure 4. Tech Inverts the Stack

What might this inverted stack look like? You can imagine a combination of at home delivery of medication and more (Pillpack), combined with internet of things sensors (Apple) plus technology-based services companies monitoring chronically ill patients (Livongo) or connecting them to online doctors (Doctors on Demand) or even supplying them the full hospital experience (Medically Home). In this scenario, the tech platform is the underlying system, with services and professionals on top. There’s no real reason to think it can’t be done, and there’s no reason to suppose that if it is done it won’t radically reduce doctor visits and hospital admissions, and improve patient care.

Conclusion & Implications

As with any analysis of technology promising “disruption”, the careful reader needs to ask themselves one primary question. Is this change real? Or is this just another PowerPoint from a futurist that will be brushed off by the “mother of all adaptive systems”?

The technology trends we have described are already in motion. The question is, how big their impact will be in health care? And how long will it take? Here are a few suggestions for hospitals executives to help them understand the transition and assess the rate of change.

Get familiar with the technologies. You won’t understand VR by reading this piece. You might if you play a video game with your kids on their new Oculus headset.

Follow the pilots in your organization and other organizations using these new tools. They’re happening everywhere (we promise!). Talk to the end users, talk to the patients, ask for real data on cost and impact.

Spend time with health tech startups at conferences, volunteer as a mentor at an incubators, got to health tech meetups, seek them out online. Get to know the young cutting edge techie doctors in your AMC hiding out in their labs. They’ll be pushing the boundaries of what can be done. They may not seem realistic now but you’ll get a sense of the possible

Pay attention to both leading edge payers (like Oscar Health, or any employer who uses Grand Rounds) and CMS. The more payment for value becomes real, the more likely it is that real changes in how chronically ill patients are monitored and managed will take effect.

If you read this piece and you googled most of the company names other than Google, then hopefully it’s been helpful. If you didn’t need to, then your organization is probably putting the right environment in place to adapt to these technologies.

Matthew Holt is Founder of THCB & Co-Founder, Health 2.0. Indu Subaiya is co-founder, Health 2.0 & CEO of Catalyst @ Health 2.0

The post Flipping the Stack: Can New Technology Drive Health Care’s Future? appeared first on The Health Care Blog.

Flipping the Stack: Can New Technology Drive Health Care’s Future? published first on https://venabeahan.tumblr.com

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kristinsimmons · 5 years ago

Text

Flipping the Stack: Can New Technology Drive Health Care’s Future?

By MATTHEW HOLT and INDU SUBAIYA

Figure 1. Growth in use of cloud data v s traditional data centers

What about the hospital?

However, the hospital sector is likely to move towards the trend of using the cloud seen in other businesses.

Figure 2: The break up of tech platforms

At the forefront are AI), VR, AR and blockchain – all built on the expanding capabilities of cloud computing and driven by the burgeoning Internet of Things.

Blockchain

Examples of just a few companies using AI for complex tasks in health care

Prognos –Use lab, medical and claims data to predict patient disease onset

SurveyorHealth—Personalizes complex drug regimens to lower risk and improve outcomes

Babylon Health—Chatbot front end, takes symptoms and delivers diagnoses

Augmented Reality superimposes a computer-generated image or data over a view into the real world using a device that a user can see through such as Microsoft Hololens or Google glass

Virtual Reality places the user in a completely artificial world using a system of headsets, (such as Oculus Rift or the HTC Vive) controllers and gloves. (end of box)

The role of the Tech Giants

Sleuthing the tech giants’ health care moves

Inverting the stack

There are several obvious scenarios in which new market entrants can change health care but the one in which they take a major role we call “Tech inverting the stack”

Figure 3: The Traditional Care Delivery Stack

Figure 4. Tech Inverts the Stack

Conclusion & Implications

Get familiar with the technologies. You won’t understand VR by reading this piece. You might if you play a video game with your kids on their new Oculus headset.

Matthew Holt is Founder of THCB & Co-Founder, Health 2.0. Indu Subaiya is co-founder, Health 2.0 & CEO of Catalyst @ Health 2.0

The post Flipping the Stack: Can New Technology Drive Health Care’s Future? appeared first on The Health Care Blog.

Flipping the Stack: Can New Technology Drive Health Care’s Future? published first on https://wittooth.tumblr.com/

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coinfirst · 5 years ago

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Unofficial Iranian Telegram Applications Leak Data of 42M Users

While Telegram isn’t giving up its ongoing legal battle with United States regulators to launch its TON blockchain project, some online perpetrators are taking advantage of the messenger’s popularity to expose millions of user records of third-party versions of Telegram app.

Per an investigation by cybersecurity firm Comparitech and security researcher Bob Diachenko, at least 42 million Iranian “Telegram” usernames and phone numbers were leaked via unofficial Iranian-made versions of Telegram, while real Telegram is banned in the country.

42 million Iranians that are willing to use the banned messenger got their data exposed

According to a March 30 report compiled by Comparitech, those records were publicly exposed online on the web without any authentication required to access it. The data was reportedly exposed on distributed search engine Elasticsearch for about 11 days until it was removed after Diachenko filed an abuse report.

Diachenko elaborated to Cointelegraph that the number of leaked records purportedly corresponds to the number of “Telegram” users affected. He said:

“42 million is the number of the records in the database which, we assume, are unique and correspond to the affected persons number.”

The reported data breach definitely poses significant risks like SIM swapping and phishing attacks as well as other scams using the phone numbers in the database. Moreover, the leakage reveals data of as many as 42 million Iranian people who were trying to still use Telegram despite the application being banned in the country since 2018.

Telegram blames Iranian people for using unofficial Telegram apps despite multiple warnings

The exposure wouldn’t have been possible without people using unofficial versions Telegram messenger, a Telegram spokesperson reportedly told Comparitech. Telegram emphasized that the leaked data came from unofficial Telegram applications or so-called “forks” of Telegram that are not affiliated with the official company. This became possible because Telegram is an open-source application that allows third parties to create their own versions of it.

Telegram reportedly said:

“We can confirm that the data seems to have originated from third-party forks extracting user contacts. Unfortunately, despite our warnings, people in Iran are still using unverified apps. Telegram apps are open source, so it’s important to use our official apps that support verifiable builds.”

As reported by local publications, Iranians created a number of “fork” Telegram apps like Telegram Talaeii and Hotgram in response to the messenger’s ban in the country. According to estimations, Talaeii and Hotgram amassed about 30 million users as of December 2018. According to BBC, real Telegram messenger was estimated to have about 50 million users in Iran as of 2018 before it was banned in the country.

While the latest data breach doesn’t involve the official Telegram company directly, the actual messenger suffered a major hack in Iran back in 2016. According to reports, Iranian hackers were able to compromise more than a dozen accounts to identify phone numbers of 15 million Telegram users in Iran despite the messenger’s focus on user privacy and security.

In mid-March 2020, Cointelegraph reported on Chinese social media giant Weibo experiencing a massive data breach that reportedly led to 172 million users having their account information leaked.

The post Unofficial Iranian Telegram Applications Leak Data of 42M Users appeared first on Coin First.

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angryconnoisseurface · 5 years ago

Text

Unofficial Iranian Telegram Applications Leak Data of 42M Users

42 million Iranians that are willing to use the banned messenger got their data exposed

Diachenko elaborated to Cointelegraph that the number of leaked records purportedly corresponds to the number of “Telegram” users affected. He said:

“42 million is the number of the records in the database which, we assume, are unique and correspond to the affected persons number.”

Telegram blames Iranian people for using unofficial Telegram apps despite multiple warnings

Telegram reportedly said:

In mid-March 2020, Cointelegraph reported on Chinese social media giant Weibo experiencing a massive data breach that reportedly led to 172 million users having their account information leaked.

The post Unofficial Iranian Telegram Applications Leak Data of 42M Users appeared first on Tip Crypto.

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noisyunknownturtle · 5 years ago

Text

Unofficial Iranian Telegram Applications Leak Data of 42M Users

42 million Iranians that are willing to use the banned messenger got their data exposed

Diachenko elaborated to Cointelegraph that the number of leaked records purportedly corresponds to the number of “Telegram” users affected. He said:

“42 million is the number of the records in the database which, we assume, are unique and correspond to the affected persons number.”

Telegram blames Iranian people for using unofficial Telegram apps despite multiple warnings

Telegram reportedly said:

In mid-March 2020, Cointelegraph reported on Chinese social media giant Weibo experiencing a massive data breach that reportedly led to 172 million users having their account information leaked.

The post Unofficial Iranian Telegram Applications Leak Data of 42M Users appeared first on For Crypto.

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