Life exists in the 4 dimensions of space time continuum, so does everything that impacts life, including data. Change is the only constant in life.
If data reflects the reality of life, it has to adapt to the dynamics of life, and change accordingly. But in blockchain, the data stays frozen in time. Is it the lack of dynamism in blockchain that’s holding it from becoming the promised Trillion Dollar industry despite its unprecedented bull run in crypto markets?
We examine the paradox that real-life implementation of blockchain is encountering, and formulate a hypothesis to resolve the paradox.
Europe’s Future and Emerging Technologies (FET) Open program goes beyond what is known. Seventh year running, it’s now in its last leg with €196.20 to be given away to about 60 ideas with the potential to change the world. Extremely competitive, the winning odds for the upcoming April Call are better than ever.
FET-Open (Future & Emerging Technologies) is one of the most popular and most competitive funding programs of EU’s Horizon 2020 initiative. For applying innovators are required to form a consortium of at least three legal entities established in different EU Member States or Horizon2020 associated countries. …
Computer attack surface and consequent vulnerabilities remains a major cause of cybersecurity concerns. The overall digital ‘attack surface’ is perpetually growing and will continue to significantly increase as we move closer and closer to everything being connected to everything else in the future.
The attack surface of a computer system and software environment is the sum of the different points (the “attack vectors”) where an unauthorized user (the “attacker”) can try to enter data to or extract data from an environment.
In simple terms an attack surface refers to all the ways your apps can possibly be exploited by attackers…
Since cloud computing took off as a commercial service in 2006 with Amazon’s launch of the Elastic Compute Cloud (EC2), the industry has grown by leaps and bounds. Cloud Computing “-as-a-Service” model is on target to hit $623 Billion by 2023. Yet, it still remains vulnerable to the triple whammy of privacy breaches, security lapses & interoperability issues contributing trillions in annual losses globally. Is there a cure?
In 1961 John MacCharty first suggested that computing can be sold like a utility, just like water or electricity. …
Promulgation of GDPR in 2018 has indeed pushed the envelope of the digital strategy in general and privacy in particular. Companies are burdened with extra cost for staying in GDPR compliance. This has created a new GDPR / Privacy compliance industry, the market size of which is still a guess. Our analysis values the GDPR compliance market at $384.9 billion
The cost of GDPR compliance is fairly steep, and it is operational and ongoing cost. Continuous compliance is rarely scalable without the right technological solution. Without the ability to scale, the total GDPR cost will only compound over time.
In today’s state-of-the-art, a data-controller collects and stores subject data. As data subjects have no control on their personal data, they remain at the mercy of the data controller hoping that their privacy is guarded. It turns out that the subjects’ privacy is breached more often than not, by almost all data-controllers.
Restoring full data ownership and control to the data subject not only secures the data privacy, but can also enable its liquidity and security within any Web 3.0 infrastructure.
We have lost control over our personal data in our online lives. …
Data liquidity is a new concept signifying seamless flow of consumer data ‘to where it is needed and when it is needed’ throughout a given ecosystem, as a function of data portability. As much as service providers / vendors harbor an epic misunderstanding on ownership rights of consumer data, it is the consumer who owns it. Data portability/interoperability in our current centralized systems, particularly in EHR (electronic health records), is prone to compromising privacy / confidentiality during data exchange between third parties.
We are developing a decentralized data liquidity system of personal online data (PODs) that places personal data in…
Some time ago we introduced a brand new concept of EMI as a zero-cost alternative to the $3 Trillion behemoth that UBI will be to American taxpayers. Here’s a brief follow up.
Earned Minimum Income (EMI) as defined summarily “generates income that’s above the poverty threshold without having to invest any resources whether financial or vocational.”
Generating enough funds to make basic income available to everyone without any additional tax burden seems like an impossibility. But two unprecedented unique & novel developments in the evolution of the 21st century economics may make it possible.
“Scarce resource” and “needs far outweigh…
A self-assessment guide for TRL (Technology Readiness Level) as relevant to sustainable software development projects.
Technology Readiness Levels (TRL) are a type of measurement system used to assess the maturity level of a particular technology. Each technology project is evaluated against the parameters for each technology level and is then assigned a TRL rating based on the project’s progress. There are nine technology readiness levels. TRL 1 is the lowest and TRL 9 is the highest.
TRL scale was first developed by NASA. Since then, TRL has been adapted by diverse industries with a different spin to it. …
If beauty is in the eye of the beholder, the value of the beauty is in the bid of the capitalizer/monetizer, or shall we say the underwriter?
Take any initiative to monetize a major asset, historically, the role of underwriting has been fundamental. It will also be so, if liquidity has to be introduced into fine art as we discussed in one of my earlier posts demonstrating that tokenization makes it possible for anyone to own a piece of anything of value by allowing tokens to be divided into tiny units & sold to individual investors.
At least, one of…
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