Just a few weeks before Chinese Lunar New Year festivities starts, Chinese authorities decided to take even more precaution measures. The Chinese will be making around 3 billion trips during these days and there is a new high-tech law enforcement tool that will help them feel secure. Facial recognition eyeglasses have already been tested and proven useful in Zhengzhou’s East Railway Station when they helped local police capture seven people connected to major criminal cases, and a further 26 traveling on false documents. The station, one of the busiest in China, has its own police force but it can be hard for an individual policeman to
Boston Dynamics presented upgraded SpotMini – a robot dog
We all remember Atlas, the “crazy” robot that was jumping and doing flip-overs all around. Well, now he got himself, well, a “pet” in a matter of speech. On Monday,Boston Dynamics presented a kind of a “robot dog” that is learning new tricks every day. The company, currently owned by SoftBank, showed its SpotMini bot opening a door and holding them open, using its extendable arm/neck. The all-electric droid stands 84 cm tall, features canine-like mechanics and a five-degree of freedom manipulator arm that takes its cues from a sensor suite. Among these sensors are stereo cameras, depth cameras, an inertial measurement unit and position and
AI Chatbots are rapidly changing the ways of banking in the world
The biggest Hong Kong bank, HSBC Holdings, is starting the New Year with a new chatbot. Chatbots are computer programs that typically use text-based live chat as an interface to carry out tasks for customers on behalf of the business. Now they are emerging as an inexpensive way to introduce artificial intelligence (AI) in banking. Even though they are practically machines, banks are trying to give their chatbots a human touch which is why HSBC named its newborn Amy. This is not the only bank form Hong Kong. Hang Seng Bank already has their virtual assistants named HARO and DORI. This move came as the city’s
General Motors announced their driverless car for the next year
General Motors will no longer need an engineer in the front seat who was managing the robot that controlled its self-driving Chevrolet Bolt. There will be no more steering wheel and also, the pedals will be gone. This announcement came last week and it is more than obvious that this auto-giant got the confidence from it’s engineers. The car will be the fourth generation of its driverless, all-electric Chevy Bolts, which are currently being tested on public roads in San Francisco and Phoenix. And when they roll off the assembly line of GM’s manufacturing plant in Orion, Michigan, they’ll be deployed as ride-hailing vehicles in a
Intel’s Greatest Mistake: Meltdown, Spectre and Why Your CPU Is In Danger
To start the New Year, two major new hardware exploits have been publicized. And people are going nuts. Since the news of these exploits has come out, AMD stock has skyrocketed while Intel’s has dipped significantly. PC hardware enthusiasts everywhere are running around screaming, and if you aren’t hyper-tuned into the world of hardware you may not understand why. Let us break it down for you. What’s happening? Two new hardware-based exploits have been publicized: Meltdown and Spectre. While both issues can be mitigated, it may be impossible to fix them outright without fundamental changes in hardware architecture from manufacturers. What is Meltdown? Meltdown is an attack
BeeChat, First Blockchain Based Messenger with Crypto Wallet
The Crypto boom seems to be at an all-time high with the Bitcoin market recovering from the recent dip. However, there is a new thing coming. BeeChat is a blockchain based messenger and also, a cryptocurrency community. Built using proprietary distributed technology with servers implemented around the world, BeeChat offers reliable communication in an ever-changing cryptocurrency landscape. After going live in October, this network has captured millions of users around the world and currently supports hundreds of millions of messages per day on its network. It also supports over 10 digital currencies, provides messaging and communications services, cryptocurrency discussions and groups, cryptocurrency wallet, and industry
WeChat Now Issuing ID Cards for Chinese Customers
WeChat, the popular mobile application from Tencent Holdings, is now becoming more indispensable in the daily lives of Chinese consumers under a project that turns it into an official electronic personal identification system. The government of Guangzhou, capital of the southern coastal province of Guangdong started a pilot programme that creates a virtual ID card, which serves the same purpose as the traditional state-issued ID cards, through the WeChat accounts of registered users in the city’s Nansha district.This project will try to prevent online identity thefts. The new WeChat ID card project is supported by the Ministry of Public Security’s Research Institute and other government
Facebook Will Find You Even if You Are Not Tagged on Photos
Did you maybe, but just maybe noticed that you are tagged in some of the photos on Facebook your friend took? Even though you told them not to tag you because you’re drunk as hell and you don’t want your little sister to see it? Well, don’t take on your friend so soon. There is a quite big possibility that Facebook did it – on its own. In Tuesday, Facebook introduced new facial recognition features that will automatically notify users when their photo is posted on the social network. “Now, if you’re in a photo and are part of the audience for that post, we’ll
Nokia Uses Blockchain To Improve Health Data
Nokia has partnered with OP Financial Group, a Finland-based financial services group, to use blockchain technology to establish more trust in managing health data. According to a Nokia blog, the purpose of the pilot project, which involves 100 people, is to provide individuals more control over their personal health data. “Nokia’s experimental blockchain platform used in the pilot puts the focus on privacy and giving users full control over their data” is said from the company. To achieve this, they say any data that the users decide to share are encrypted, and can only be read by the intended participant on the platform, in this case OP. The
Boeing Wants To Beat Elon Musk on the Way to Mars
It is obvious now that the race to Mars is on, and Boeing’s CEO seems to believe that the megarocket his company is helping to build for NASA will deliver astronauts to the Red Planet before billionaire Elon Musk’s SpaceX. Boeing is the main contractor for the first stage of NASA’s giant Space Launch System , which is designed to launch astronauts on deep-space missions using the space agency’s new Orion spacecraft. (United Launch Alliance, Orbital ATK and Aerojet Rocketdyne are also SLS contractors.) NASA hopes to build a “Deep Space Gateway” near the moon before using SLS and Orion vehicles to send explorers to Mars. The
Elon Musk: AI Has to be Regulated by Law
Tech executive and billionaire entrepreneur Elon Musk took to Twitter Sunday night to say the future potential of robots could be unexpected and potentially very scary and that the lawmakers need to regulate artificial intelligence. In response to a Twitter post of a humanoid robot made by Boston Robotics jumping up on raised surfaces with the caption,that Alex Medina, who does brand design for Vox Media published with the words “we dead,” Musk responded with a warning: “This is nothing. In a few years, that bot will move so fast you’ll need a strobe light to see it. Sweet dreams…” In case you haven’t seen it, Atlas
Ford and EKSO Partners Up creating bionic people functions
Robots have replaced many U.S. manufacturing workers, but new mechanical exoskeletons being tested by Ford Motor Co (F.N) may help factory workers to function like bionic people, reducing the physical damage of millions of repetitive tasks over many years. The company announced this week that some of its workers are currently testing out a new wearable technology called EksoVest, that essentially allows factory workers to function like bionic people. The vest, which was designed by California-based Ekso Bionics (EKSO), acts as an upper-body support system to help workers increase productivity and reduce fatigue when completing overhead tasks on the job. “Collaboratively working with Ford enabled
Stephen Hawking Concerned about Robots Replacing Humanity
Renowned physicist Stephen Hawking expressed his concerns that one day robots will actually replace humanity completely. During a new interview, the physicist said that he thinks that artificial intelligence will eventually end up becoming so advanced that it’s able to outperform humans and become a new form of life. “I fear that AI may replace humans altogether. If people design computer viruses, someone will design AI that improves and replicates itself. This will be a new form of life that outperforms humans,” he said. A recent report has found that four in 10 jobs are at risk of being replaced by robots. It said 38 per
Big Business Moves into Blockchain: Acord, EY, Microsoft, Maersk
ACORD Solutions Group, accounting giant EY, technology giant Microsoft and the Maersk, the world’s largest shipping company have combined to launch the world’s first marine insurance blockchain platform. EY said that the distributed ledger will be used to capture information about shipments, risk and liability, and to help firms comply with insurance regulations. It will also ensure transparency across an interconnected network of clients, brokers, insurers and other third parties. “The reason we chose marine (insurance) as the starting point for this sort of market is mainly because of its complete inefficiency,” Shaun Crawford, global insurance leader at EY, told for CNBC. He added that
Why is Cryptocurrency under Scrutiny? Hawala Explained
After the People’s Bank of China (PBoC) imposed a temporary rule that initial coin offerings (ICO) are illegal and that startups must refund all ICO investments to contributors, The Central Bank of Russia also said that it “monitors” the cryptocurrency market and is continuing to develop a regulatory framework for cryptocurrencies. There is a question though – what are central banks over the world exactly scared of? Russia’s central bank is against allowing cryptocurrencies or any related financial instruments within the Russian Federation. In that way, they reiterated statement from January 2014 which explicitly compared bitcoin to a “money surrogate”, rendering it illegal in the
Cryptocurrencies and ICO Under Increasing Scrutiny While Stars Move In
Just a day after China raised the ban for ICOs all together, Hong Kong – the country that is a special administrative region of China – has voiced concern at the growth of ICO fundraising. “Those involved in an ICO need to be aware that some ICO structures may be subject to Hong Kong securities laws,” said Julia Leung of Hong Kong’s Securities and Futures Commission (SFC) . She also clarified that the regulations don’t simply apply to Hong Kong-based companies holding ICOs, but any entity worldwide that sells tokens to individuals based in Hong Kong. Just for a reminder, this week China’s central bank, issued a statement criticizing ICOs
Can Sea Hero Quest VR Succeed in Fighting Mental Diseases?
Nowadays it’s perfectly normal to have a laptop on your desk, a tablet in your bag and a smart phone in your pocket. When you’re in the mood to play a game, you can – all you have to do is open the select app and start playing. Why wouldn’t we let this opportunities into our lives, not just for fun – but for solving health issues? Video games have been known to have a wide variety of effects on the mind of people. It hasn’t been long since Virtual Reality became a vital part of gaming industry as such. During the years of researching, studies had
What does VR mean for VoIP Communications?
Technologies are increasingly advancing and as such, all manners of technological innovations are sharing mutual beneficial relationships and Virtual Reality and Voice Over Internet Protocol, or rather VR and VoIP are no different. In simple terms, VoIP is a technology that allows you to make telephone calls over a broadband internet connection. It relates to the terms IP telephony and internet telephony, both set to be huge business in the foreseeable future. Much like VR, VoIP has had a lot of hype in previous years, which seems to cool before heating up again. The main advantage of VoIP is that it uses the internet as
What Virtual Reality Could Mean for Privacy
During the 2017 edition of CES in Las Vegas, we’re starting to see an appearance of new Virtual Reality applications, as businesses see VR as a new medium. While the push for VR started in retail model, we’re now seeing that business-to-consumer model is the path forward. Many technologies are vying to be the next big thing, and Virtual Reality is one of the new mediums that can deliver that message. With HTC Vive, Oculus Rift, and PlayStation VR being the big three headsets in competition, there are also numerous other companies that are making the move into the virtual world – especially coming out
Google Acquires Eyefluence Weeks before the Daydream Launch
Eyefluence is company founded by William Torch and Jim Maggraff, with the goals to create eye tracking system that measures the intent of your mind, not just the motions of your eyes in order to control technology. This new system would allow a user to control device through movements of users eyes. This kind of tech may seem unnecessary for present day smartphones and PC-s, but as the world of immersive computing continues to barrel towards us it will become infinitely more relevant. Google certainly thinks so as it has just acquired Eyefluence for itself. According to an official statement on the Eyefluence blog: “Today, we are excited to announce that