Pay with your face:
Chinese Internet giant Alibaba plans to showcase innovative retail tech capabilities in new Singapore demo centre this week. They are setting up a demonstration centre at Singapore to showcase its new retail tech store called mom-and-pop stores. With this they are trying to bring up paying for things using facial recognition and shopping using mirrors fitted out with augmented reality capabilities and much more. It really looks like Alibaba is now giving a tough competition to Google and Amazon. I personally like the idea of facial recognition which will really bring up a big change in the payment gateway system and helps to close the gate for more online fraud but this can also be side of directly linking our data along with our physically details too. So what would you think on it. . . .?
Walmart closes $16Bn Flipkart acquisition
Walmart officially ended up cracking the $16 billion acquisition with INDIA’s India’s largest E-commerce company Flipkart.
With this, Walmart now owns 77% stake in Flipkart, marking one of the largest exits in India’s internet world. This news first came out in 9th May this year that Bentonville-based company’s $16 billion investment includes a $2 billion of new equity funding to help accelerate the growth of the Flipkart business. With this Wallmart will have 77% stake and remaining 23% stake will be held by Flipkart co-founder Binny Bansal, Tencent, Tiger Global and Microsoft. This really can bring up good business growth to the country economy by providing quality, affordable goods for customers, while creating new skilled jobs and opportunities for suppliers. This acquisition has turned up some exit and entry of investors which mainly includes Co-founder Sachin Bansal ,Accel Partners and Naspers as well as Japanese Internet conglomerate SoftBank, Entry of new board members from Walmart will might add up a good growth in terms of revenue. Have to wait and watch how much this acquisitions will benefit to the Company and end user.
Nvidia’s Turing Chip
After a long wait for around 2years Nvidia’s latest and most anticipated GPU architecture for next generation graphic card. Nvidia Turing headlining feature is the inclusion of RT Cores that power real-time ray tracing.
These specialised cores essentially compute how light and sound travel in a 3D environment at a rate of up to 10 GigaRays.These specialised cores will also supposedly allow Nvidia Turing GPU to process real-time ray tracing 25-times faster than the previous Pascal architecture. Understanding of this graphic card , its design and its working complexity is really tough. It is said that Turing-based GPU nodes can outperform CPU nodes by 30 times when used for final-frame rendering for film effects and Turing architecture also carries over Tensor Cores from Volta which will enable artificial intelligence and neural networking for one of the first times on a graphics card-sized package rather than one of Nvidia’s super computers.
WORLDWIDE ATM HACK
Check your bank before your account gets hack or some one has taken part of your cash.. Recently FBI has warned, Cyber criminals are planning a highly-coordinated attack on cash machines around the world that could see millions of dollars withdrawn from customer bank accounts. A confidential[What is confidential when it is available on internet] alert message has been sent to all banks that the scheme, known as an “ATM cash-out”, could take place in the space of just a few hours, most likely on a weekend after banks have closed. The FBI has obtained unspecified reporting indicating cyber criminals when an unknown card issuer breach and commonly referred to as an ‘unlimited operation’,” which made them to think it as cyber attack.A similar attack reported last month resulted in losses of $2.4 million for the National Bank of Blacksburg, Mr Krebs noted, which involved hundreds of ATMs across the United States over the course of several months. So PLEASE BE CAREFUL !!
What is digital trust? How CSOs can help drive business
Digital trust is the measure of consumer, partner and employee confidence in an organisation’s ability to protect and secure data and the privacy of individuals. As securing the data is one of the biggest challenge, digital trust can be a valuable commodity for companies that earn it, and it is starting to change the way management looks at security. “Trust is one of the things that permeates across the whole business,” says Stephen Walsh, director of security for Northern Europe, CA. Company thinks rust might seem like a security problem and therefore fall entirely under the purview of the CSO, the reality is more nuanced. The best way to build the trust is organisations need to be upfront and transparent with their customers. They should clearly explain what they are doing with data and why, be clear what data is being collected and what it will be used for, and explain what security steps and processes are in place to ensure it remains secure.
CLASH & GO DISRUPT THE MOBILE GAME MARKET
Elyland.net tech company from Cyprus is not a newcomer, it has 10 years of rich experience in the developing the games , one of them is AR game – Draconius GO, which in some opinions was even better than Pokemon GO.
Elyland has launched Clash & GO, this year recognized as the world’s first augmented reality strategy game. This game combines a fun geolocation game in augmented reality (AR) and an epic city-building strategy game with real-time battles. Simply put – the game combines Clash of Clans with Pokémon GO. Elyland decided to go even further and integrate blockchain technologies in Clash & GO. Yes CGO tokens are like a superpower that allows you to manipulate the Clash & GO augmented world, making it different for other players as well.Since blockchain token is based on money, it is the most adequate tool for balancing the changes in the world of Clash & GO augmented reality. Even it is said that Ethereum smart contracts [Another Block chain ]that guarantee the number of tokens from delayed emission for the in-game auction will not be altered.This project also received huge buzz thanks to integrated Blockchain and launched ICO to acquire a huge $25,000,000 marketing budget.