by Anika D | Mar 9, 2022 | Blockchain, Emerging Technology
With the emergence of cryptocurrency, there are a lot of speculations in the industry. It causes significant price change and attracts various investors who want high returns. At last, regardless of price changes, there are several developments in the crypto world. All significant organizations are migrating to the crypto world, starting from traditional finance companies to the technology sector. So, cryptocurrency is not going anywhere in the coming future. Here are the top 5 crypto predictions for 2022:
Bitcoin will Outperform
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The price of Bitcoin has dropped to 41 % in the last few months. But such drops are nothing for BTC holders. With the news of Microstrategy buying the dip, Bitcoin seems to bounce higher in the coming year. Several experts have predicted that it can rise up to $100 K, mainly as government and financial institutions include it in their balance sheets. Therefore, bitcoin will likely outperform with an increase in the stock market in 2022.
Ethereum’s Predictions
Ethereum is the second-most-valuable cryptocurrency in the world. As per the current scenario, Ethereum’s blockchain can process 30 transactions per second at max. As a result, it improves the platform’s reliability and reduces transaction fees. Experts believe that it will do well in 2022 due to the surge in NFT sales volumes.
Shiba Inu Performance
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It is one of the high-performing cryptocurrencies. According to Coinmarketcap, its digital currency priced at $0.000000000078 at the start of 2021. Then, till November the same currency rises to $0.0000312. It means Shiba Inu generated profits of nearly 40 million% in less than 12 trading months. However, there is plenty of upside potential pending with this token.
Dogecoin Predictions
Once DOGE began as a joke. But now, it has become one of the most valuable cryptocurrencies in the world. It reached almost a high of $0.70 in 2021, and it shows no sign to stop. Moreover, with its current acceptance as a payment form by Tesla, many analysts believe it can eventually surpass $1. So, it will make its way to the recognizable territory.
Polygon (MATIC)
Polygon (MATIC) is a special coin created to scale Ethereum. Polygon’s ultimate goal is to ensure integration by joining all Ethereum-based decentralized apps. Network validators fully protect the transactions of MATIC. Thanks to its low threshold, potential investors may find it exciting as you need only two MATIC coins to start staking. To do it, connect your MetaMask wallet to the Polygon wallet. The predicted annual return relies on the number of coins you stake.
Closing Thoughts
Now you can guess what value cryptocurrency can have for all investors in the future. But the reality is it is still a speculative investment, without any history for predictions. So no matter what an expert says, no one can really know. Therefore, it is essential to invest only what you are ready to lose and make conventional investments for the long term. Make small crypto investments and never put them above other financial goals like paying off high-interest debt or saving for retirement.
by Anika D | Mar 7, 2022 | Blockchain, Cybersecurity, Emerging Technology, Industrial IoT
The worldwide military apparatus undergoes significant transformation to strengthen capabilities. Some of the latest technologies like Artificial Intelligence, Robotics, and the Internet of Things optimize military efficiency and defense operations. Nowadays, hybrid approaches replace traditional warfare. The latest technology trends are transforming battlefields in the aspects like lethality, connectivity, sustainability, and autonomy.
Connectivity solutions mark concerns like how to communicate or direct operations. In addition, advances in weapons and missiles improve lethality, making effective battlefield operations. In the case of autonomy, companies utilize AI and robotics to execute strategies without human interference. Finally, startups are increasing sustainability with technologies including electrification and additive manufacturing.
Some of the emerging technologies that advance the defense field are listed below:
Artificial Intelligence
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The usage of AI in the army boosts computational military reasoning for ISR (intelligence, surveillance, and reconnaissance) missions. It empowers autonomous weapon systems and enables equipment safety management resulting in minimum casualties. By controlling machine learning and digital twin technology, defense manufacturers check new military product iterations and allow predictive military assets maintenance.
Advanced Military Equipment
Defense is making more advanced and sophisticated defense equipment to counter increasing threats. Innovations starting from space militarization to directed energy weapons are underway. Moreover, the defense industry is placing its goal to achieve net-zero emissions.
For example, it invests in electrification methods by using electric propulsions in military aircraft and testing hydrogen fuels. In addition, many companies are advancing research in nanotechnology and biotechnology for creating equipment like self-healing armors, etc.
Internet of Things (IoT)
Applications of IoT in the army include connecting planes, ships, drones, soldiers, tanks, and operating bases in the cohesive network. It enhances perception, response time, and situational awareness. AI, 5G, and Edge computing support the smooth data flow across all military branches, strengthening the control and command structure.
Big Data Analytics
The warfare future depends on information and the ability to extract in-depth knowledge. Army with the capabilities to pull out the critical data quickly and accurately and then securely spread the information will have an advantage. Big data analytics decipher insights from the various sources to do that.
Cyber Wars
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Military systems are most vulnerable to cyber-attacks that potentially lead to classified military information loss and army systems damage. Over the last ten years, the severity and frequency of cyberattacks have increased.
As a result, related army equipment security for significant institutions and nuclear security are substantial areas to deal with. In addition, militaries are developing aggressive cyber warfare capabilities, from ransomware and malware to phishing attacks.
Blockchain
Blockchain offers information security while sharing relevant data with the concerned parties. Therefore, defense startups create blockchain-based solutions to save confidential military data and prevent cyber threats. Its other applications in the defense industry include procurement process streamlining, supply chain security, and device tracking.
Final Thoughts
Understanding that the war landscape changes exponentially with new technologies is essential. For example, intelligent systems, lethal autonomous weapons, and AI are significant drivers for offensive and defensive army capabilities. Therefore, companies make dual-use technologies and military modernization solutions for civilian and military benefits.
by Anika D | Mar 4, 2022 | Data Science, Emerging Technology, Industrial IoT, System Engineering
The physicists of the University of Western Australia collaborate with a team of international researchers. They together developed a new technology to improve the world’s one of the most sensitive instruments called “Gravitational Wave Detectors.” This new technology allows existing gravitational wave detectors worldwide to attain sensitivity. Previously, researchers thought they could only achieve it by constructing much bigger detectors.
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The ARC centers of excellence for Gravitational Wave Discovery and engineered quantum systems collaborated to publish the paper in Communications Physics. The California Institute of Technology in Pasadena and the Niels Bohr Institute in Copenhagen supported them in this study.
David Blair is a retired professor of UWA’s Department of Physics. He states that particles of sound vibration called phonons and photons of laser light merge with the help of technology. As a result, they create a new amplification type that consists of merged particles that cycle back and forth billions of times.
Einstein already proved that light comes in little energy packets. According to professor Blair, these energy packets are now called photons. Gravitational-wave detectors are one of the most sophisticated applications of these photons. So, it enables physicists to notice the time and space’s ripples originated by cosmic collisions.
After two years of discovering light’s energy packets, Einsteins stated that sound and heat waves also come in energy packets. Professor Blair named these sound and heat energy packets as Phonons. However, it is tricky to harness the phonons individually in quantum form. It is because random phonons known as thermal backgrounds usually flood them.
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In 2020, professor Blair got the prestigious Prime Minister’s Prize for Science. He received it for his significant contribution to the first discovery of gravitational waves.
Dr. Michael Page, the lead author, stated that the strategy combined photons with phonons. As a result, gravitational wave frequencies can amplify. He also said that the latest breakthrough would allow physicists to see the extreme and concentrated matter in the universe. It collapses into the black hole when two neutron stars collide with each other.
On the other hand, professor David Blair stated that waveforms sounded similar to a brief scream. They pitched to the top for detectors to hear. The technology will surely make these waveforms audible. It will also tell if neutrons in neutron stars split up into the constituents known as quarks once they are in an extreme state.
Do you know the fascinating thing regarding nuclear matter spinning into a black hole? It is exciting that the method is like a reverse of the Big Bang theory created in the universe. So, when you observe it happening there, you will feel like you are watching a Big Bang movie.
Professor Blair stated that the latest technology may not represent a quick solution to improve gravitational-wave detectors. But it provides a low-cost improvement route.
To Sum Up
Gravitational waves travel at the speed of light. Therefore, detecting the gravitational waves allows you to see the universe in a way you have never seen before. LIGO can help detect the cosmic gravitational waves and make gravitational-wave observations.
by Anika D | Mar 3, 2022 | Cybersecurity, Information Technology
The western nations imposed several severe sanctions on Russia after it invaded Ukraine. As a result, banks are ready as they’re predicting revenge in the form of cyberattacks or cybercrimes. So, let’s discover all the buzz around this news.
So, What’s the News?
Last Saturday, the scenario between Russia and the West became very intense. The United States and its allies blocked Russian central banks from the SWIFT international payment system. Also, they moved the decision to place restrictions on the Russian Central Banks reserves.
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Western countries and the United States were already aware of the tension increasing between Ukraine and Russia. So, cyber security was taking all measures to stop cyber crimes from Russia and its supporting nations. As a record, 58% of cyberattacks from nation-states originated in Russia, according to Microsoft. So, the response is quite apparent.
A Serious Threat to Banks – Cyberattack ?
Earlier Microsoft warned of a destructive cyberattack on Ukrainian computer networks, and soon after, the attack on Ukraine began. So, with all the western countries opposing Russia’s moves. So, what kind of cybercrime can western countries face as a retaliation?
So, all the activities going on for a few months and its response has made the Global Banks a target for a cyber breach. They have begun with robust cyber security staff, training, advance monitoring, and clearing all bugs for any data leaks. Banks are especially preparing for ransomware, malware, DoS attacks, theft, and data wiping.
Various popular banks like Citigroup Inc (C.N), Morgan Stanley (MS.N), JPMorgan Chase & Co (JPM.N), Goldman Sachs Group Inc (GS.N), Bank of America Corp (BAC.N) have refused to share their course of action for dealing with any potential threat.
Even though banks have a robust cybersecurity plan, they are on alert for dealing with any attack. But unfortunately, a minor carelessness can cost too much.
Response of Famous Personalities
Some of the influential personalities presented their say on the matter. Already cybercrime is 600% up after COVID, and such robust growth of attacks is a little problematic. So what did some famous people say:
According to Valerie Abend, who leads Accenture’s global financial services security group, “Banks are incredibly prepared. They have taken out their playbooks, and it’s practice, practice, practice.”
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Swarthmore Group’s senior manager of fixed income portfolio, Steven Schweitzer, said there would be some revengeful measures by Ukraine and its allies. However, the least costly thing is some cyber-attacks.
The global head of intelligence at the Financial Services Information Sharing and Analysis Center, Teresa Walsh, expressed her views too. She said it wouldn’t be wise not to prepare for some retaliation. The Ukraine and allies have been giving signals in general issues for now. She asked everyone to be cautious of cybercrimes. Walsh also said that the preparation must begin now and that no one should wait for the crises.
Bottom Line
So, with all the buzz going around for months, western countries are protecting their valuable data at all costs from cyberattacks. Although banks are powered with strong cybersecurity, some careless glitches can still cost a lot. Also, It has been advised to write an effective cyber security strategy action plan for private businesses too.
by Anika D | Feb 24, 2022 | General
New research is using quantum computing and machine learning to find out what’s inside a black hole.
Scientists are doing new research by leveraging the application of artificial intelligence and quantum computing to find out what’s inside the black hole. The study could help understand the holographic duality, a mathematical conjecture, connecting theories of particles and gravity.
The black hole wraps space-time because of its surprisingly huge mass. As a result, its gravity exists and connects to the particles lying above it. Please note that the black hole exists in three dimensions while particles exist in two dimensions. As a result, the hole exists in the three-dimensional space and projects through particles.
Many scientists say that the universe is a holographic projection of particles, which leads to a consistent quantum theory of gravity.
What Do Theories Say?
- Einstein claimed that there are no particles in the universe. There is just space-time.
- According to the Standard Model of particle physics, the universe has no gravity but just particles.
- A study published in PRX Quantum examines probing holographic duality using deep learning and quantum computing. The purpose of the study was to find the lowest energy state of quantum matrix models.
Quantum matrix models represent the particle theory. Holographic duality suggests everything in a system that represents particle theory affects the system that represents gravity. As a result, it solves a complex quantum matrix model that could provide more information about gravity.
What are Quantum Matrix Models?
Think of numbers in the models as sand grains. The matrix model is in the ground state when the sand is level. In case of ripple in the sand, you need a way to level them out. To solve this problem, scientists first considered quantum circuits represented by wires. Each qubit (short for a bit of quantum information) is a wire. Gates exist on the top of wires, and they represent quantum dictating how information passes along the wires.
Because Quantum matrices are one possible representation of a black hole, arranging them can help us know what the black hole looks like inside.
Final Words
Existing quantum hardware is not enough. They can handle only a few dozens of qubits. It is also very expensive for further research. So, in order to fully explore and discover what’s inside the black hole, more research and advanced hardware are needed. Nevertheless, the study can reveal a lot of surprising things about our universe.
