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Category: economics – Page 146

S-money: Ultra-secure form of virtual money proposed

A new type of money that allows users to make decisions based on information arriving at different locations and times, and that could also protect against attacks from quantum computers, has been proposed by a researcher at the University of Cambridge.

The , dubbed ‘S–’, could ensure completely unforgeable and secure authentication, and allow faster and more flexible responses than any existing financial technology, harnessing the combined power of quantum theory and relativity. In fact, it could conceivably make it possible to conduct commerce across the Solar System and beyond, without long time lags, although commerce on a galactic scale is a fanciful notion at this point.

Researchers aim to begin testing its practicality on a smaller, Earth-bound scale later this year. S-money requires very fast computations, but may be feasible with current computing technology. Details are published in the Proceedings of the Royal Society A.

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German research promised a decade of budget increases

BERLIN—German research organizations cheered a decision announced today by state and federal ministers to increase research budgets by 3% a year for the next decade—a total boost of €17 billion over that time. For more than a decade, German research organizations have enjoyed consistent budget increases—3% boosts every year since 2006, even during downturns in the German economy. But some observers have worried that falling tax revenues and deep disagreements between state and federal ministers could bring an end to the largesse.

State and federal government pledge €17 billion in extra funds through 2030.

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3D Printing and the Viability of Interplanetary City Construction

A few years ago, a friend and fellow author Manu Saadia (author of Trekonomics: The Economics of Star Trek) posed a question to me about the viability of creating actual cities on other planets. It was, in his mind, one of the few things about Star Trek which seemed unrealistic, because of the fact that cities here on Earth thrive due to one important reason: imports/exports, i.e. resource exchange.

As we continue planning ahead for the future of both space travel and space colonization, the need for advanced 3D printing will ultimately dictate our ability to maintain viable civilizations on other planets.

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An Interview with Jose Cordeiro

Jose Cordeiro is promoting the development of rejuvenation biotechnologies in Spain and the integration of Latin American immigrants into Spain’s aging society to maintain the country’s productivity. He was at the recent Undoing aging conference in Berlin and gave us an interview about his political goals.

At Undoing Aging 2019, jointly organized by SENS Research Foundation and Forever Healthy Foundation, there was a session focused on the ways to make healthy life extension and medical progress a greater part of the global agenda. Among the speakers there was Jose Cordeiro, the vice chair of Humanity Plus, director of The Millennium Project, fellow of the World Academy of Art and Science, and board member of the Lifeboat Foundation.

Jose earned his Bachelor’s and Master’s degrees in Mechanical Engineering at the Massachusetts Institute of Technology (MIT) in Cambridge, Massachusetts. His thesis was focused on the modeling of the International Space Station. Jose has also studied International Economics and Comparative Politics at Georgetown University in Washington, D.C., and received his MBA in France at INSEAD, where he focused on Finance and Globalization.

Last year, Jose decided to begin his political activities in order to foster the development of rejuvenation biotechnologies in Spain and to work on the integration of Latin American immigrants into Spain’s aging society and thus maintain the country’s productivity. He kindly agreed to give me an interview to discuss more about his ambitious initiative.

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African research projects are failing because funding agencies can’t match donor money

Although African countries appreciate research grants from donor countries, they often chafe at the condition that they bring in their own money in order to be eligible. Some research projects fall by the wayside because African granting agencies simply have no way to provide their share of the money, sometimes called counterfunding, the heads of 15 national science councils in Africa said at a meeting held here on 4 and 5 April.

“Counterfunding,” desired by donor countries, can be 50% of a project’s cost.

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Google’s Next Big Money Maker Could Be the Maps on Your Phone

Indeed, Schindler stressed that Google would generate personalized Maps recommendations in “privacy-sensitive, opt-in ways.”

The company is betting that adding more data about places and businesses to Maps will lead people to spend more time on the service. As users expect more from Maps, Google has extra space to introduce more ads.

“We want to be able to highlight things that are around you and surface them nearby to you in a way that’s not disrupting your experience,’’ said Rajas Moonka, director of product management for Google Maps. Because so much of what users are looking for in Google Maps is commercial in nature, ads can be a helpful addition to the experience, he said.


Transhumanism Becoming the ‘Relentless Drumbeat’ Shaping Our Future

Following recent trends in state-of-the-art developments, from cryptocurrencies and universal basic income to biohacking and the surveillance state, transhumanism has been moved into the limelight of political discourse to reshape humanity’s future.

Andrew Vladimirov, Information security specialist, biohacker and one of the original members of the Transhumanist Party UK, spoke in-depth with Sputnik about the rise of transhumanism and its implications.

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