Token payments

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March 28, 2019 LINGERIE STAKE: Cryptocurrency startup TokenPay is getting into the lingerie business. The Switzerland-based startup has spent $1.3 million for a 6 percent equity stake in Naked Brand Group (NAKD), the Australian lingerie company best known for supermodel Heidi Klum’s signature fashion lines. TokenPay CEO Derek Capo told CoinDesk the move is part of the startup’s broader diversification strategy following a December 2017 token sale that netted roughly $20 million. Spending the proceeds on equity investments has been a hedge against crypto market volatility, he said. Full Story MARCO POLO ARRIVES: The first two real-world transactions have been conducted on Marco Polo, the trade finance blockchain built on R3’s Corda platform. The trades took place between two German industrial companies, with one transaction involving the delivery of hydraulic couplings from Germany to China and the other the delivery of pumps within Germany. While all that may sound prosaic, the news is notable since the transaction data was exchanged through distributed ledger technology, ditching the usual slow and costly physical documents and intermediaries. Full Story UNLAWFUL ICO: Switzerland’s finance watchdog has found that the cryptocurrency mining firm Envion AG, which raised millions through an initial coin offering (ICO) last year, held the sale illegally and “seriously violated” laws. The country’s Financial Market Supervisory Authority (FINMA) said that Envion had received public deposits of fiat and cryptos worth over 90 million francs ($90.33 million) from at least 37,000 investors, concluding that the firm should have acquired a banking license for the offering. The firm has now been placed in liquidation by the Swiss Cantonal Court of Zug. Full Story FOREVER ETF? Blockchain-based trading platform CEDEX says it has now secured a supply of more than 6,000 diamonds ahead of its launch of a diamond exchange-traded fund (ETF). The diamonds – worth over $50 million – come from gem holders registering their stock on the exchange for trading, the firm told CoinDesk. CEDEX claims to have used blockchain tech and a proprietary algorithm to overcome hurdles that previously prevented diamonds from becoming a tradable asset class like gold: lack of transparency, liquidity and fungibility. Full Story HIGH BAR:  That bitcoin has bottomed out near $3,100 in December is generally accepted by now. A bull reversal, however, would be confirmed only if BTC validates the previous month's bullish engulfing candle, an early sign of trend reversal, with a close above $4,190 on March 31. Right now, that looks a steep target and the odds would drop further if prices find acceptance below the 30-day moving average at $3,900 in the next 48 hours.  Full Story BEST OF THE BEST BIAS BROWSER: A software developer has come up with a browser extension called “Coinflict of Interest” to help spot people’s bias towards four of the top cryptocurrencies on popular warring platform Twitter. The plugin looks at Twitter accounts’ negative tweets and profile mentions of bitcoin, ethereum, XRP and bitcoin cash to try and gauge their real crypto preferences. The developer, Luke Childs, told The Next Web that, “the results shouldn’t be taken too seriously. I think, in general, the results are accurate enough to be helpful.” THE REST APPLE VS BTC: Apple announced a new credit card this week, touting its enhanced privacy . According to a piece in Forbes, the tech giant says it doesn’t access Apple Card users’ data, with details like transaction history being held on their devices. Further, the physical card does not carry a number – a “massive gain” in privacy, the article says. Yet, payments partner Goldman Sachs does have access to users’ unencrypted data. With today’s financial system, it’s nigh impossible to have “true financial privacy” on the web, the author concludes. But a tech like bitcoin could, if governments would allow it. BANK DOUBTS: Two major U.S. banks that have made investments in blockchain technology are now having doubts that the tech will live up to its potential in finance, says a piece from American Banker. At an industry conference Wednesday, Wells Fargo CEO Tim Sloan said he thought blockchain has been “way oversold.” The tech should have brought a big shift in the industry by now, yet “that’s just not the way it is,” he said. Cathy Bessant, chief operations and technology officer at Bank of America said that blockchain is overhyped, adding, “Bring me a use case that makes sense, and I will look at it,” Bessant said. “But in financial services, it’s a really tough model.” WHO WON #CRYPTOTWITTER Copyright © 2019 CoinDesk, All rights reserved.  Our mailing address is:  250 Park Avenue South New York, NY, 10003, US  Want to change how you receive these emails? You can update your preferences or unsubscribe from this list

What you missed in AI this week

Everything you need to know from EmTech Digital 2019, where the sharpest minds in the technology share their thoughts on the future.

Couldn't make it to EmTech Digital 2019?   The top innovators in business and artificial intelligence took to the stage in San Francisco this week to share how they're addressing rising security and privacy concerns, transparency and accountability, and more.   Here is a recap of everything you need to know about the latest advances in AI research and commercial application. See the full coverage The potential of malevolent machines to derail AI Researcher Dawn Song reveals how algorithms can be tricked into giving sensitive information like credit card numbers. Read more. How machine learning is accelerating last-mile, and last-meter, delivery Read more Google appoints an "AI council" to head off controversy, but it proves controversial Read more Thinking about embracing AI? Just jump in. Andrew Ng had some stirring words of advice for any businesses that might be toying with the idea of introducing artificial intelligence into how they work. Read more. New drugs are too expensive. Can AI can fix that? Read more. How AI is helping farmers and babies in the developing world Read more. The next AI explosion will be defined by the chips we build for it Read more. MIT Technology Review, One Main Street, Cambridge, MA 02142 Unsubscribe

Visit To Uclan Games Design By Joe Nelson

UCLan Games Design students were delighted to welcome an important visitor from the games industry to their studio this week.

Namely, a fantastic opportunity to hear from Joe Nelson, Game Director at Ninja Theory on the 5-time BAFTA-winning "Hellblade: Senua's Sacrifice". Joe studied Game Design at UCLAN in Preston so we are particularly proud of his achievements.

Joe Nelson is a game director at Ninja Theory, having been design lead on Senua's Sacrifice" and previously working on both level and system designs.

His presentation described how to develop a plan for your game design to maintain a feasible story and authentic feel throughout the project. Joe's talk was a unique and fascinating insight into the depths of research and design planning that go into a game such as HellBlade.

It was great to welcome Joe back to the course in his capacity as a Games Director.

This Week in Technology Review - Week of March 25

This Week in Technology Review Everything you need to know about the technology topics you care most about, delivered to your inbox each week. Everything you need to know about the technology topics you care most about, delivered to your inbox each week. Week of March 25 View in the browser View in the browser Business Impact Europe's copyright dispute shows just how hard it is to fix the internet's problems The EU has just passed the Copyright Directive: now small sites and tech giants alike will have to deal with the fallout and recriminations. Popular this week India says it has just shot down a satellite in space The pioneers of deep learning have won the Turing Award Nearly all Bitcoin trades are fake, apparently Watch two astronauts take a spacewalk to give the ISS a power upgrade Russia wants to cut itself off from the global internet. Here's what that really means. The plan is going to be tricky to pull off, both technically and politically, but the Kremlin has set its sights on self-sufficiency. Boeing sold two safety features on its 737 Max planes as "extras" Microsoft just booted up the first "DNA drive" for storing data How malevolent machine learning could derail AI AI security expert Dawn Song warns that "adversarial machine learning" could be used to reverse-engineer systems—including those used in defense. The US wants to send astronauts back to the moon by 2024 You received this newsletter because you subscribed with the email address: contacto1745.send-mail@blogger.com edit preferences      unsubscribe MIT Technology Review One Main Street Cambridge, MA 02142