Litecoin price ‘could SKYROCKET’: Cryptocurrency could see fantastic gains this year

LITECOIN’S price could skyrocket this year after the cryptocurrency was recently touted for a major market exchange announcement that may dramatically alter its value, it has emerged.

The Winklevoss twins, known for their hugely popular Gemini crypto exchange, stated that one of their fundamental goals for 2018 is to expand their platform.

This could mean adding Litecoin to the exchange.

The current value of Litecoin at the time of writing is $179.61, however this could dramatically change.

Tyler Winklevoss stated that Gemini’s areas for expansion “are from the Satoshi Nakamoto family tree — Bitcoin cash, Litecoin”.

The Winklevoss brother also explained that this year is going to look “very different” due to added involvement from “Wall Street” in the crypto sphere.

He went on: “In 2018, you’re really going to see institutions and Wall Street really get in, and it’s going to look very different.”

Litecoin, created by a former Google engineer named Charlie Lee, is currently experiencing a downward trend after plummeting by 11.6 per cent in the last week.

The cryptocurrency is currently worth $179.26 but has fallen by $23.52 in the last seven days.

Mr Lee himself has attempted to level the excitement surrounding the fledgling virtual currency.

He previously tweeted that the crypto market “needs time to consolidate” in a desperate attempt to calm investors of Litecoin’s inherent volatility.

He wrote: “Sorry to spoil the party, but I need to reign in the excitement a bit.

“The market needs time to consolidate. That’s just my experience from seven years of watching this space…People need to be aware of this possibility and invest responsibly.”
Despite its recent free fall, Litecoin has seen an exponential rise in value over the last year.

Cryptocurrency value tracker and exchange Coinbase showed that the value of the Litecoin has risen by a whopping 4196.16 per cent over the last year.

On March 14, 2017, the cryptocurrency was worth a mere $4.17.

If Litecoin was added to the Gemini exchange it could have a huge impact on its value. Litecoin is similar to Bitcoin from the fact that it harnesses the blockchain to document transactions.

The cryptocurrency was formed in 2011 and differentiates itself from its biggest rival with its ability to process transactions faster.


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Top ICO’s & Cryptocurrencies to invest in 2018

With new ICO’s being launched everyday the industry is thriving but it is becoming harder and harder to identify high quality, sustainable and investor friendly projects.

This has been compounded by the general bearish trend that has surrounded the space since the Decembers bull run where virtually every coin reached new all time highs (ATHs). The main reasons for this recent downward trend however have included: China confusion, hacks, Tether woes, Binance fud and more recently the dumping of roughly 35,000 Bitcoin and Bitcoin Cash onto the market by the Mt. Gox trustees which correlated perfectly with the drops we can see on the charts.

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Image riverflop Reddit user.

With the market now showing signs of stabilization this is the perfect buy-in opportunity to invest in high quality projects at a fraction of their worth.

So without further ado check out our top upcoming ICO’s and cryptocurrencies we think will provide a good return on investment throughout 2018.

XYO Network
XY, the firm behind XYO Network have built and currently expanding one of the worlds largest decentralised location tracking protocols with GPS beacons and Bluetooth.

The result? Tagging and monitoring the movement of physical objects (including humans) anywhere in the world.

For example in the future governments and agencies could potentially use the technology to ensure everyone is registered and able to move around legally and freely through selected jurisdictions with no additional need for verification, passports etc. It can also help with realtime tracking of lost, missing, wanted people or objects.

Another use case would be ecommerce. Given the amount of parcels that go missing with no resolution/ accountability companies can use the tracking to manage their shipping and supply chain needs resulting in full transparency and accountability. For example an ecommerce store only takes payment once an item has been received by the customer.

XYO Network powers the service through its mining kits and enables anyone with a location tracking device such as Bluetooth, GPS, LPWAN (LoRA), Low Earth Orbit LEO Satellites to contribute. As referred to in the Whitepaper these Sentinels, Bridges, Archivists and Diviners are also rewarded with XYO Tokens based on their interactivity/ helpfulness.

XYO Network will be running a token sale this March. Whitelist restrictions apply and you can take part by visiting their website.

Website: https://xyo.network/

Essentia
Data ownership has become a hot topic these last couple of years with many unaware that corporations, governments and other 3rd party entities are profiting from what many consider to be their personal data.

According to research studies in 2017 digitally generated data amassed roughly $1 trillion dollars in revenue last year, none of which is seen by the individual whom it concerns.

Blockchain startup Essentia wants to change this by developing a way for everyone to decide and control who has access to their data, what it can be used for and receiving a fee for its use.

The infrastructure model can be split up into three sections. These are:

  • User Data
  • Essences – This is the container that holds and controls the flow to the users data
  • Essentia Network – This is the decentralised network that manages the Essences in a clean, interoperable and secure manner.

Third parties and dApps can easily access user data as pluggable oracles based on what information users wish to release. Developers can also build on top of the Essentia framework to create data management tools, identity solutions, data exchanges, decentralized CRMs etc.

For example using Essentia’s eLogin users can authenticate and login to compatible websites without the need for any password. This move away from insecure and sometimes cumbersome passwords means more security, privacy and a cleaner interface to manage identity and authentication across every service that the user wishes to use.

The firm has an impressive advisory board which includes:

  • European Commission and certified business coache Erik van der Staak
  • Thomas Graham who is a managing partner at crypto advisory firm TLDR;
  • Francesco fusetti who raised $19 million with his charity project AidCoin
  • Yann Marston with 20 years experience in business, he is responsible for strategic sales at Motorola Solutions.

Esentia is running an initial coin offering to raise funds enabling investors to purchase ESS tokens which will power the technology. The price is set at 1 ETH = 15000 ESS and they aim to raise $31,900,000.

You can find more at the website here: https://essentia.one/

Hoqu
HOQU aspires to be the world’s first decentralised marketing platform enabling affiliates and merchants to work together directly without the need for a middleman. This ensures both parties are treated fairly with all actions completed through transparent smart contracts.

The global advertising industry is estimated to be worth some $200 billion dollars per year with the USA, China and United Kingdom dominating the market. HOQU hopes that a large proportion of these transaction will be running on their blockchain in the near future.

It’s no secret that this industry is centralised with the affiliate networks controlling a large number of merchants and affiliates. In doing so they are able to set high fees and low commissions, all the while enforcing unjustified and overpriced account maintenance charges.

Startups are also often priced out of joining the networks with insanely high barriers placed in their way. HOQU removes these barriers with smart contract technology and fair fees for all.

This technology creates a win win scenario for both merchants and affiliates by reducing fraud, ensuring fair payouts and lower all round costs. All whilst streamlining the whole process.

HOQU’s Initial coin offering raised $18.7 million and at the time of writing HOQU (HQX) was trading at $0.083164 on IDEX and ForkDelta.

Website: https://www.hoqu.io/

Gems
Gems is a decentralised mechanical turk powered by blockchain technology. It builds on the shortcomings of traditional Mechanical Turks such as Amazons MTurk and Crowd Flower.

A traditional MTurk is a crowdsourcing Internet marketplace which enables individuals and businesses (also known as requesters) to hire others to perform microtasks that computers are currently unable to do.

However current providers are very inefficient, implement costly verification techniques (consensus by redundancy), charge exorbitant fees and are unavailable to a large portion of the workforce who don’t have access to bank accounts.

By using blockchain technology Gems is able to eradicate all these issues.
Gems is currently being advised by a range of industry heavyweights that include Medium and Twitter co-founder Biz Stone, Augur co-founder Joey Krug, reCAPTCHA co-founder Ben Maurer, Aragon co-founder Luis Cuende and co-founder of NEO Global Capital Roger Lim.

At the time of writing Gems is trading at $0.018616 on Gate.io and IDEX for both USDT and ETH pairs.

Website: https://gems.org/

Upfring
Peer-to-peer file sharing is a phrase most of us are familiar with. It was once one of the most popular ways to share files across the internet and through the use of torrents still is even today.

It is however starting to show its age and limitations. One of the biggest being a massive disparity between file downloads and availability ratio.

This is due to the lack of seeders who have no incentive to share content other than as a hobby or possible notoriety.

Upfiring tackles the root cause of this problem by offering seeders compensation (payment in UFR) for their contributions.

By adding incentivisation in to the mix seeders rise to a higher calibre and become more abundant, resulting in faster access and downloads for users.

The process is as follows:

  1. A seeder shares a file through the Upfiring network
  2. The file is encrypted by the platform
  3. A downloader requests access to the seeded file but can only download once they have paid using the currency of the network which is UFR tokens.
  4. Once downloaded and paid for in full the file can be decrypted.

UFR is currently trading on various exchanges including Cryptopia, Stocks.Exchange, IDEX and ForkDelta at roughly $0.30 and has been tipped by many as a coin that should at least rech $5 by Q4 of 2018 due to the attractive market cap.

Website: https://upfiring.com/

Cardano
It would be almost criminal to end the article without mentioning Cardano. This is by far one of the most exciting (albeit adventurous) projects that we will be following over the course of 2018/2019.

Founded by Charles Hoskinson, a former co-founder of Ethereum and Jeremy Wood, operations manager at Ethereum, the project takes all the best bits from previous generation blockchains and rolls them in to a peer-reviewed, institutionally backed decentralised public blockchain and cryptocurrency. In essence Cardano wants to be Ethereum but usable day-to-day e.g far more scalable, sustainable, and interoperable.

Born out of scientific philosophy with experts contributing from all over the world not only helps Cardano develop a solid, research-backed foundation but will also simplify government and legal approval when that time comes.

Their detailed roadmap can be found on the website with upcoming events such as Ledger support and the opening of a new research and development center that focuses on the Cardano blockchain Ho Chi Minh city.

Cardano (ADA) is currently trading at $0.22.
Website: https://www.cardano.org/


Here at Dollar Destruction, we endeavour to bring to you the latest, most important news from around the globe. We scan the web looking for the most valuable content and dish it right up for you! The content of this article was provided by the source referenced. Dollar Destruction does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. As always, we encourage you to perform your own research!

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New Hydro-gel Adhesive Seals Moving Tissues Even in the Presence of Blood

 

Researchers at the Wyss Institute have developed a surgical adhesive that can adhere to wet and dynamic surfaces inside the body, including the heart, lung, tendons, cartilage, and bone. Coupled with a novel tough hydrogel, it can undergo huge amounts of deformation without breaking. Credit: Wyss Institute at Harvard University 

A Band-Aid adhesive bandage is an effective way to stop bleeding from skin wounds, but an equally viable option for internal bleeding does not yet exist. Surgical glues are often used inside the body instead of traditional wound-closure techniques such as stitches, staples, and clips, because the glues reduce the patient’s time in the hospital and lower the risk of secondary injury or damage at the wound site. 

An effective surgical glue needs to be strong, flexible, nontoxic, and able to accommodate movement, yet no adhesives currently available have all of those properties. To address that lack, researchers at the Wyss Institute for Biologically Inspired Engineering at Harvard University have developed a new super-strong hydro-gel adhesive inspired by the glue secreted by a common slug that is bio-compatible, flexible, and can stick to dynamically moving tissues even in the presence of blood. 

The hydrogel itself is a hybrid of two different polymers: a seaweed extract called alginate that is used to thicken food, and polyacrylamide, which is the main material in soft contact lenses. When these relatively weak polymers become entangled with each other, they create a molecular network that demonstrates unprecedented toughness and resilience for a hydrogel material — on par with the body’s natural cartilage. When combined with an adhesive layer containing positively charged polymer molecules (chitosan), the resulting hybrid material is able to bind to tissues stronger than any other available adhesive, stretch up to 20 times its initial length, and attach to wet tissue surfaces undergoing dynamic movement (e.g., a beating heart). 

Studies of the hydrogel adhesive demonstrated that it is capable of withstanding three times the amount of tension that disrupts the best current medical adhesives, maintaining its stability and adhesion when implanted into rats for two weeks, and sealing a hole in a pig heart that was subjected to tens of thousands of cycles of pumping. Additionally, it caused no tissue damage or adhesions to surrounding tissues when applied to liver hemorrhages in mice. 

The hydro-gel adhesive has numerous potential applications in the medical field, either as a patch that can be cut to desired size and applied to tissues such as bone, cartilage, tendon, or pleura, or as an injectable solution for deeper injuries. It can also be used to attach medical devices to their target structures, such as an actuator to support heart function. While the current iteration is designed to be a permanent structure, it could be made to biodegrade over time as the body heals. 


Here at Dollar Destruction, we endeavour to bring to you the latest, most important news from around the globe. We scan the web looking for the most valuable content and dish it right up for you! The content of this article was provided by the source referenced. Dollar Destruction does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. As always, we encourage you to perform your own research! 

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Google and ZSL set up AI to detect poachers

 

Teaming up with conservationists and teaching algorithms to identify species is just one ways machine learning is evolving. 

Google is working with researchers from the Zoological Society of London to help detect poachers and recognise animals through artificial intelligence. 

Usually millions of images captured by heat and motion triggered cameras would have to be manually processed, with a person sifting through the files and recording the animals observed. 

But that role is being handed over to Google’s algorithm, which has been specially trained for the task. 

Put simply, machine learning is a practical application of artificial intelligence (AI). 

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Google’s algorithm has been taught to recognise one animal from another based on previous examples. Around a million and a half images were used to develop and train this particular model. 

Once this dataset has been processed, the algorithm can encounter new images and recognise the animals featured. 

“Machine learning has the potential to really speed up our analysis of these images to help species identification,” says Sophie Maxwell, Conservation Technology Lead at ZSL. 

“It also helps us to detect poachers in the field. We can download the algorithms to sit on the cameras themselves, so that they can detect humans in the images in real time and raise alerts of those in protected areas so that we can respond to these threats.” 

But there is a catch to all this. Machine Learning faces a challenge that humans do not. Subtle variations are able to trick even the most sophisticated algorithms into mistaking one image for another. 

These are known as “adversarial examples.” In December a team from MIT fooled Google’s algorithm into thinking that a photo of skiers was a dog. Such a mistake wouldn’t have been made by a human under the same conditions. 

But the accuracy level looks set to improve over time according to Matt McNeil, Head of Google Cloud Customer Engineering. 

“As you start creating more extensive models which are trained on much larger datasets they start becoming much more resilient to changes in pixels. Being able to be more accurate really.” 

“I think there is an aspect which is simply related to the quantity and the depth of training.” 

And both the quantity and depth of such training will need to be much greater if the public are to trust AI in other areas like driver-less cars – it’s no good if your car misinterprets a stop sign as a lollipop. 


Here at Dollar Destruction, we endeavour to bring to you the latest, most important news from around the globe. We scan the web looking for the most valuable content and dish it right up for you! The content of this article was provided by the source referenced. Dollar Destruction does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. As always, we encourage you to perform your own research!

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Why Blockchain Will Survive, Even If Bitcoin Doesn’t.

We’re now awash in “crypto” hype—cryptocurrencies like bitcoin and fundraising efforts like initial coin offerings. For every venture capitalist or technical expert, there’s a half-dozen hype men and fly-by-night startups making the entire space look like a 21st-century version of the Amsterdam tulip mania.

All that noise has obscured the bona fide efforts involving the underlying technology, blockchain. Of all the manifestations of crypto, it’s the most seemingly mundane applications of blockchain that could lead to the biggest and most concrete changes in all of our lives.

These applications can’t be found on a coin exchange, and they aren’t going to turn anyone into an overnight billionaire. But they could bring much-needed change to some of the world’s most critical, if unsexy, industries. This means new ways of transferring real estate titles, managing cargo on shipping vessels, mapping the origins of conflict materials, guaranteeing the safety of the food we eat and more. Using blockchain, you could prove that a particular diamond on sale in a Milan boutique came from a particular mine in Russia.

What is blockchain? It’s essentially a secure database, or ledger, spread across multiple computers. Everybody has the same record of all transactions, so tampering with one instance of it is pointless. “Crypto” describes the cryptography that underlies it, which allows agents to securely interact—transfer assets, for example—while also guaranteeing that once a transaction has been made, the blockchain remains an immutable record of it.

Blockchain has the power to transform all these industries for three reasons. First, it’s genuinely well-suited to transactions that require trust and a permanent record. Second, blockchain typically requires the cooperation of many different parties. In cases where it’s implemented as open source software, it avoids the collective-action problem—the disincentives that prevent individuals from adopting something that would benefit them collectively—that occurs when a single company tries to push, and benefit from, a new standard.

The third reason is that hype I mentioned. The current excitement around cryptocurrency gives blockchain the visibility to attract developers and encourage adoption. Companies that have taken an “If it ain’t broke, don’t fix it” attitude toward back-office processes and logistics IT might be ready to spend big on updating those systems when they hear the buzzword “blockchain.”

In this way, blockchain resembles another buzzword, “the cloud.” While detractors argued that the cloud was just “someone else’s computer,” it gave many industries new business processes, new ways to charge for services, disruptive startups and new divisions within existing companies and an ecosystem of supporting technologies. Blockchain has the same potential.

Take logistics. Already, 1.1 million items sold or on sale at Walmart are on a blockchain—including chicken and almond milk—helping the company trace their journey from manufacturer to store shelf. Global shipping giant Maersk uses the same technology from IBM to track shipping containers, making it faster and easier to transfer them and get them through customs.

While these projects are still a fraction of the overall tracking that goes on at these giants, they are expanding rapidly both within the organizations and across their industries. Other companies using blockchain technology to track goods include Kroger, Nestlé, Tyson Foods and Unilever, with many more yet to be announced, says Bridget van Kralingen, senior vice president of platforms and blockchain at IBM.

Everledger, a company started in April 2014 with the intention of creating a blockchain-based registry of every certified diamond in the world, already has 2.2 million diamonds in its registry. It’s adding about 100,000 diamonds a month, says Leanne Kemp, chief executive and founder.

By recording 40 different measures of each stone, including “physically unclone-able features,” Everledger is able to trace the journey of a stone from when it’s pulled from the earth to the day it’s purchased by a consumer. Every participant in that chain, from the miner to the cutter to the retailer, maintains a node—with a complete copy of the database—in the Everledger blockchain network.

 

CartaSense is an eight-year-old Tel Aviv company that puts internet-connected sensors on freight pallets and uses analytics to determine when goods may be delayed or damaged. CartaSense customers, rather than physically handing off scanned and signed paper documents, use a blockchain database on which freight companies can record every stage of the journey of a package, pallet or shipping container. Kuehne + Nagel, one of the world’s largest freight companies, is one of CartaSense’s clients.

Blockchain is being implemented first within companies and centralized governments that can move quickly on new technologies.

Dubai, for example, has declared its intent to make itself the “first blockchain-powered government in the world by 2020.” That could streamline things in real estate, says Stephen McKeon, an associate professor of finance at the University of Oregon who studies blockchain. By moving the central record of all real-estate transactions onto a blockchain, Dubai could make it faster and easier to transfer property titles.

Because such “smart contracts” on a blockchain are code, they can contain rules about how they can be modified or transferred. In this way, blockchain could become a way to transfer the obligation of enforcement from bureaucrats to computers. For example, to prevent fraud, titles could be transferable only to certain accounts, or might transfer only after another condition, such as the transfer of funds in escrow, is met.

It’s too early to say whether blockchain, as both a technology and a movement, has the power to overcome issues that thwarted generations of software engineers. The most justifiable skepticism is that blockchain is incremental rather than revolutionary. In some cases, it isn’t much more than a marketing term imposed on systems that hardly differ from existing databases. (There’s a healthy debate about what blockchain even means, and even companies like CartaSense call their system a “blockchain-like technology.”)

But if it works, it has the potential to be a fundamental enabling technology, the way new standards for transmitting data across networks led to the internet. More concretely, it could someday underlie everything from how we vote to who we connect with online to what we buy.


Here at Dollar Destruction, we endeavour to bring to you the latest, most important news from around the globe. We scan the web looking for the most valuable content and dish it right up for you! The content of this article was provided by the source referenced. Dollar Destruction does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. As always, we encourage you to perform your own research!

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Author: Christopher Mims
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