Category Archives: Financial

Researchers have developed circuits for energy efficient semiconductor integrated circuits.. The ternary number system uses 0, 1, 2, which reduces the amount of information and allows semiconductors to process data faster and more efficiently. For example, to express 128 in the current binary system would take 8 bits. In a ternary, 5 trits are enough. Ulsan’s solution creates a metal oxide semiconductor (CMOS) on a large wafer that uses a ternary number system for information processing, rather than a binary code.. The logic system developed by scientists can control the output power of devices depending on the indicators of energy leakage. In addition, it will also help to reduce the size of the chips.. If commercialized, the technology could positively paradigm shift in artificial intelligence, self-driving vehicles, the Internet of Things, robotics and other semiconductor-dependent areas.. The study was carried out with the support of Samsung Electronics, which is already…

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Japan Banning Anonymous Coins, Warren Buffet Hates Bitcoin The Japanese Financial Security Agency (FSA) says it will impose a direct ban on all cryptocurrencies from June 18.. The innovation will affect the circulation and trading of confidential virtual currencies such as Monero (XMR), Dash (DASH), Augur (REP) and ZCash (ZEC). The regulator claims that the main prohibition is the fight against illegal activities in the cryptocurrency market. The reason for this decision was the hacking of the CoinCheck crypto exchange and the theft of NEM (XEM) for $ 400 million. Due to the confidentiality of the confidentiality of the coin, it was difficult for the authorities to track the hackers.. Although the authorities have good reasons for introducing the ban, in addition to self-regulation, stabilization and decentralization, cryptocurrency attracts many with privacy and anonymity. In some cases, the loss of confidentiality can lead to a decrease in the attractiveness of…

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Using Machine Learning to evaluate forensic evidence China is developing a system that uses artificial intelligence and big data to detect financial fraud, including tricks unknown to most tax inspectors. Researchers believe that the traditional tax system uses all available data too effectively. Therefore, for three years now, Aisino has been working with scientists from Harbin Institute of Technology and Beijing University of Posts and Telecommunications to develop an automated solution.. According to the team, during this time about 300 thousand rubles. state inspectors took part in training the algorithms of the system. This program is capable of detecting more than 95% of tax crimes, including those that people would not even be able to notice.. The developed mechanism is integrated directly into the software used by the State Tax Service of China. The administration has not yet disclosed the details of the project, but the effectiveness of the system is known…

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Dmitry Medvedev said that by the end of the year Russia will launch a digital control system. According to the Prime Minister, the future system of monitoring products from its customs to the moment of implementation. It was also proposed to extend such a mechanism to the entire economic union. This will help improve government control, protect end consumers and provide a comfortable working environment for business… In February, the intergovernmental council reached an agreement on labeling, the entry into force expected by 2019. The EAEU is also considering the initiative proposed by the Russian Federation to seal transit products using the GLONASS system. Watch This Russian Hacker Break Into Our Computer In Minutes | CNBC Other countries are careful about these issues and gradually regulate their transit policy. Therefore, for now, the labeling will be valid only for tobacco products on the territory of the Russian Federation and Kazakhstan.…

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SBI Holdings subsidiary continues XRP benefit program Japanese financial company SBI Holdings offered its shareholders the opportunity to receive dividends in XRP cryptocurrency or other products offered by its SBI Alapromo division. Companies (SBI Holdings) to Use XRP to Pay Dividends to Their Shareholders! + XRP is Not a Security! According to the announcement, shareholders can use additional benefits and receive an alternative profit share. One option stipulates that new shareholders can apply for 2,000 yen in XRP, and those who have been an investor for more than a year can expect the cryptocurrency equivalent of 8,000 yen. This offer only applies to residents of Japan.. Participants are also given the opportunity to take on account of the amount of dividends food additives and cosmetics VOO Alapromo with a 50 percent discount. Such The offer stems from SBI Holdings partnering with Ripple to use its products in its Money Tap money transfer…

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How to trade crypto on Huobi Global —APP version [Huobi Crypto Guide] Huobi Group announced the development of an analytical tool that allows you to monitor flows of digital assets in real time and identify their involvement in illegal activities.. Regulators violating the anonymous nature of cryptocurrency transactions increase their attractiveness to the shadow sector. Governments spend millions of dollars paying analytics firms to help them identify criminal channels. At the same time, according to a study by Chainalysis, most of the illegally obtained funds are laundered on the Binance and Huobi crypto exchanges.. Now Huobi Group has announced the launch of its own suspicious activity checker tool. It is intended for monitoring the accounting main, and upon detection of dubious actions, it will temporarily block the possibility of withdrawing funds. According to the developers, a small proportion of cryptocurrency transactions are criminal, but any incident, regardless of its size, casts…

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The Public Chamber of the Russian Federation, RACIB and Universa Blockchain signed an agreement on the development and application of blockchain in medicine, education, charity and NGOs. Revisiting My Orphanage in Russia 23 Years Later Yulia Zimova, Deputy Chairman of the RF OP Commission for Support, Motherhood and Childhood, Nation «Innovations and technologies for the benefit of the children of Russia» said that they want to use a single blockchain base in the adoption system, which provides absolute transparency, anonymity and security. At the same time, it will be possible to see which children are accepted in the family and all the processes taking place.. The blockchain platform based on Universa will enter data on the achievements and skills of schoolchildren, clinical examination of orphans, their medical records and medical appointments. The forum also announced the creation of an association of charitable blockchain funds… Maxim Grigoriev, the head of the…

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State Run Bank in Switzerland to Launch Crypto Services Basler Kantonalbank (BKB) is once again a Swiss state-owned commercial bank providing cryptocurrency related services. BKB has partnered with the national banking group, Clerk Banking, to develop products that enable customers to exchange and store digital currencies. Representatives of the financial institution say that work in this direction stimulates itself in the system, the demand for crypto services. Swiss State Bank to launch cryptocurrency service The project is at the initial stage of development, so BKB has not yet named even an approximate launch date and does not specify which cryptocurrencies it will work with. It is also possible that the bank will offer new products through its subsidiary, which has its own banking license.. This news once again confirms that Switzerland is one of the most crypto-loyal countries. As a reminder, from June 2020, the local financial regulator began to…

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The fight against carbon dioxide (CO2) emissions and increasing the efficiency of heating systems lead to the fact that gas boilers will become irrelevant in the near future. How to heat homes without fossil fuels, read on. Why gas boilers are harmful? For several hundred years, mankind has been supplying transport and industry with fossil fuels: natural gas, oil and coal. These fuels are an important industrial and technological revolution, but they will not work forever for two reasons. If the effects of global warming are already being felt, then the limited amount of minerals is of little concern to the public at the moment..  HOW CENTRAL HEATING WORKS part 1. The history of central heating pipe layouts More than a decade ago, the UK government passed the Climate Change Act. The essence of the regulation is that the level of carbon emissions in the UK should be reduced by…

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SAP has relied on blockchain. Company — manufacturer of technology-based delivery network software. Blockchain for Supply Chain Management Through programs it will be possible to watch the product at all stages of its production. The blockchain will be implemented on the basis of the ready-made Global Track and Trace technology and will serve as an additional «layer» to create effective conditions for data processing. Torsten Zube, head of SAP blockchain development, is confident that work in this area will not only expand the company’s capabilities, but also create a platform for future interaction with other blockchain projects.. Earlier, we wrote about blockchains in the business sector and that 30% of CFOs plan to work in this direction.. text: Evgeniya Likhodey, photo: SAP Articles French central bank to use blockchain to improve financial system China will use AI for forensic tax crimes Coinbase will update its high-frequency trading platform Exploring the Benefits of…

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Ant Financial has started testing its own blockchain platform designed to support small and medium-sized businesses. Ant Financia’s director of technology and business innovation, Jili Lee, has announced the start of trials for the Ant Blockchain Open Alliance enterprise platform, set to launch in three months. According to him, the project is designed to help businesses reduce costs, increased cooperation with the client base. Although the blockchain platform will be open to developers and organizations, the company will be wary of the choice of nodes. Therefore, at consideration by operators, preference will be given to reputable educational and certified institutions. Asia Enterprise Blockchain Week | Day 1: Blockchain-as-a-Service (BaaS) Partners will be based on classification criteria regardless of their actual geographic location. The leadership has not yet names the attracting members of the consortium. Recall that in March, Alibaba Group signed an agreement with the software developer Aerospace Information on strategic cooperation in…

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G20 finance ministers and central bank governors, together with the International Monetary Funds, the World Bank and the Bank for International Settlements, have begun to develop control rules and rules for the circulation of digital central banks. Participants plan to complete a package of uniform international standards using CBDC by the end of 2022. In parallel, monetary organizations and institutions will experiment with various technologies and regulatory mechanisms, multilateral platforms for the global regulatory system. The announcement of the Financial Stability Board also says that by 2026 the IMF and the World Bank will receive technical resources to facilitate cross-border transactions with national digital currencies..   G20 countries expect the implementation of CBDC in banking support for payment services, data layer, and will also reduce risks associated with volatility, and there will be diversified cooperation at the international level. Christine Lagarde: ‘Central Bank digital currency is coming alive’ Possibly an incentive…

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A lawyer I know loves to joke that words «blockchain» and «ICO» a resume on LinkedIn adds about 20% to the desired salary. The same goes for large corporations. The trouble is that, in reality, only companies in the financial sector can find the intended use of the blockchain at all conferences and meetups devoted to, for example, blockchains in the energy sector, the speakers, bashfully lowering their eyes to the floor, cite the 2014 PWC report and cite some and the same examples of how blockchain connects a small network of farms in America, thus reducing the price of electricity. But representatives of the banking and financial sectors insert the word «blockchain» practically at all conferences, they are actively developing pilot projects, which, unfortunately, remain pilot. Sberbank has opened a blockchain research laboratory, Alfa-Bank regularly talks about the prospects for working with blockchain, especially in the context of foreign…

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Switzerland issued a cryptocurrency license to the bank Swiss bank InCore Bank allowed transactions with digital assets, including cryptocurrency.. The company’s clients are now better placed to store, transfer and trade digital assets. The Swiss Financial Markets Supervision Authority also allowed the bank to organize various projects related to tokenization.. Crypto Taxes In Switzerland According to representatives of InCore Bank, customers can easily transition to a new asset class without direct interaction with the blockchain infrastructure… In the coming months, the bank will expand the list of offered products, add brokerage, depository and transfer services, as well as security tokens to it. Recall that due to introduction of quarantine Italian bank Banco Sella has launched a service that allows customers to buy and sell bitcoin, as well as make international transfers and pay with it. text: Ivan Malichenko, photo: financemagnates Articles Swiss state bank to launch cryptocurrency service French central bank to use…

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Hackernoon Analysts told about four attractive, in their opinion, cryptocurrencies. The rating includes: Cardano, Basic Attention Token, Ripple, Stellar Lumen. 👉Top 5 Cryptos for 2020 — What’s the Best Cryptocurrency to invest in 2020 ? CardanoThe coin is extremely close to Ethereum (work takes place on smart contracts). However, according to the compilers of the rating, it has better scalability and is more in line with the requirements for cryptocurrencies. Nice feature of ADA: working through sidechains. Main attention tokenCreated by a Javascript programmer and co-founder of Mozilla Firefox, BAT was built on top of Ethereum. It is distinguished by the versatility of its application possibilities. The project has its own browser, Brave, which has built-in ad blocking. It works seven times faster than competitors. RipplesBuilt to give banks the ability to send big money as quickly as possible, XPR was able to show the alternative side of the world of finance. Due to…

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Denis Boal, First Deputy Governor of the Bank of France, instructed to introduce payment and settlement systems in the EU based on distributed ledger technologies. Speaking at a conference on technology and innovation in the capital market, he declared, that the use of DLT would have a positive impact on the European financial system. Why central banks are experimenting with blockchain In particular, Denis Bo said that the tokenization of assets, combined with the implementation of blockchain-based solutions and the widespread use of distributed ledger technologies for storing and transferring these assets, will help better meet market needs. Adding that DLT will also simplify gross and foreign exchange settlements, post-incident recovery, and enhance the stability of the system as a whole. As a result, the first deputy of the ECB to start experimenting with new technologies to improve the working conditions of central banks, as well as to use crypto…

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