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Quoted: “If you understand the core innovations around the blockchain idea, you’ll realize that the technology concept behind it is similar to that of a database, except that the way you interact with that database is very different.

The blockchain concept represents a paradigm shift in how software engineers will write software applications in the future, and it is one of the key concepts behind the Bitcoin revolution that need to be well understood. In this post, I’d like to explain 5 of these concepts, and how they interrelate to one another in the context of this new computing paradigm that is unravelling in front of us. They are: the blockchain, decentralized consensus, trusted computing, smart contracts and proof of work / stake. This computing paradigm is important, because it is a catalyst for the creation of decentralized applications, a next-step evolution from distributed computing architectural constructs.

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Read the article here > http://startupmanagement.org/2014/12/27/the-blockchain-is-the-new-database-get-ready-to-rewrite-everything/

Kaizen and Six Sigma Vs. White Swan “…Transformative and Integrative Risk Management …”

000  a 24 hours

ABSOLUTE END.

Authored By Copyright Mr. Andres Agostini

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Quoted: “Ethereum will also be a decentralised exchange system, but with one big distinction. While Bitcoin allows transactions, Ethereum aims to offer a system by which arbitrary messages can be passed to the blockchain. More to the point, these messages can contain code, written in a Turing-complete scripting language native to Ethereum. In simple terms, Ethereum claims to allow users to write entire programs and have the blockchain execute them on the creator’s behalf. Crucially, Turing-completeness means that in theory any program that could be made to run on a computer should run in Ethereum.” And, quoted: “As a more concrete use-case, Ethereum could be utilised to create smart contracts, pieces of code that once deployed become autonomous agents in their own right, executing pre-programmed instructions. An example could be escrow services, which automatically release funds to a seller once a buyer verifies that they have received the agreed products.”

Read Part One of this Series here » Ethereum — Bitcoin 2.0? And, What Is Ethereum.

Read Part Two of this Series here » Ethereum — Opportunities and Challenges.

Read Part Three of this Series here » Ethereum — A Summary.

Quoted: “Bitcoin technology offers a fundamentally different approach to vote collection with its decentralized and automated secure protocol. It solves the problems of both paper ballot and electronic voting machines, enabling a cost effective, efficient, open system that is easily audited by both individual voters and the entire community. Bitcoin technology can enable a system where every voter can verify that their vote was counted, see votes for different candidates/issues cast in real time, and be sure that there is no fraud or manipulation by election workers.”

Read the article here » http://www.entrepreneur.com/article/239809?hootPostID=ba473face1754ce69f6a80aacc8412c7

Quoted: “The Factom team suggested that its proposal could be leveraged to execute some of the crypto 2.0 functionalities that are beginning to take shape on the market today. These include creating trustless audit chains, property title chains, record keeping for sensitive personal, medical and corporate materials, and public accountability mechanisms.

During the AMA, the Factom president was asked how the technology could be leveraged to shape the average person’s daily life.”

Kirby responded:

“Factom creates permanent records that can’t be changed later. In a Factom world, there’s no more robo-signing scandals. In a Factom world, there are no more missing voting records. In a Factom world, you know where every dollar of government money was spent. Basically, the whole world is made up of record keeping and, as a consumer, you’re at the mercy of the fragmented systems that run these records.”

» Read the article here » http://www.coindesk.com/factom-white-paper-outlines-record-keeping-layer-bitcoin/

» Visit Factom here » http://www.factom.org/

Preamble: Bitcoin 1.0 is currency — the deployment of cryptocurrencies in applications related to cash such as currency transfer, remittance, and digital payment systems. Bitcoin 2.0 is contracts — the whole slate of economic, market, and financial applications using the blockchain that are more extensive than simple cash transactions like stocks, bonds, futures, loans, mortgages, titles, smart property, and smart contracts

Bitcoin 3.0 is blockchain applications beyond currency, finance, and markets, particularly in the areas of government, health, science, literacy, culture, and art.

Read the article here » http://ieet.org/index.php/IEET/more/swan20141110

. @hjbentham. @TheVenusProject. @clubofinfo. #futurism. #LOrdre. #antistatism.
The creeping social inequality in Britain has become a source of growing concern to many. When strikes and despair over the income disparity within a single country or locale feature often in our politics, do we unjustly forget the scale of global wealth inequality?
I am not writing this article to belie the social calamity of income inequality in Britain, nor to argue for more urgency in remedial foreign policies such as development assistance. This is purely an analysis of the long-term crisis represented by global disparities of wealth, and the historical choices it will force on many actors in the world-system, from states to activists.
In a talk I heard in my studies at Lancaster University in 2012, former Home Secretary Charles Clarke gave his predictions on the greatest threats to global security in the short-term and long-term future. One of his predictions struck me as the most important: the ease with which modern media allows different strata of the world to see one another’s vastly different lifestyles, thus threatening to turn global inequality into an ever greater spectacle. This spectacle has the potential to inspire global rage, perhaps justifiable in the same sense as encountered in the years preceding the French Revolution. Indeed, the present world order resembles France’s Ancien Régime in many ways.
Interestingly, the term “Third World”, used to denote less “developed” states, comes from the term “Third Estate”, which referred to “commoners” in France’s Ancien Régime – the subjects who rose up and turned their kingdom into a republic. Famously, Alfred Sauvy coined the term when he presented an analogy between exploited colonial states under the European powers and exploited subjects living under absolute monarchy, in an article for L’Observateur in 1952.
Since Sauvy coined the term, decolonization has achieved its popular ends, but an exploitative structure remains in place. At least that is the view of dependency theorists, world-systems theorists and other structuralist critics of the international system. The most eminent of these analysts is Immanuel Wallerstein, possibly the greatest sociologist alive.
In Wallerstein’s analysis, the modern thesis of “development” supported by the United Nations and other intergovernmental institutions is as much to blame for world inequality as Europe’s colonial “civilizing” thesis that came before it. In his widely taught theory of the world-system, the world can be socially and geographically broken down into three strata based on the kind of production processes occurring in different states and geographic regions.
Immanuel Wallerstein sees world inequality not as something proceeding from countries lagging behind others as a result of historic oppression and debt, but as something proceeding from the existence of “countries” altogether. In his assessment, the division of the world into distinct nation-states is founded on arbitrary distinctions among the human race, and this gives rise to world inequality. Taking up such logic, it is hard for one to deny that the dissolution of the nation-state model itself would be a core part of any long-term political designs for remedying world inequality.
If the abandonment of the nation-state model seems too radical for you at this stage, it is not too radical for Wallerstein. In Utopistics (1998) he predicts that a crisis that could occur as early as the coming half-century will create real opportunities to seriously challenge the nation-state model. He does not say what alternative system this crisis entails, but argues that there will be a unique opportunity to construct something far more egalitarian than anything previously known. If a more equitable order is indeed gained, this would involve borders ceasing to be necessary or recognized, and authoritarian state norms becoming unsustainable.
We can already see antagonisms that are directly tied to the transnational wealth inequalities on which this article is focused. Often misleadingly framed as issues between two states, they are actually issues between opposing strata of the world-system itself. Such issues include crises on the land, like migration to the United States through its brutally enforced border with Mexico, and the inhumane occupation of Palestinian land by the Israeli State. They include crises on the water, such as migration from North Africa to Spain and Italy.
The crises tied to the enforcement of borders are part of the larger crisis gripping what Wallerstein calls the “interstate system”. This interstate system is the “political superstructure” of a global division of labor predicated on the historic industrial inequality persisting between entire continents and so-called nations. Strong states possess advanced factories and skills, while weak states are left to mine arduously. Wallerstein describes this exploitative situation in terms of a “core-periphery” relationship, in which the industrialized powers represent the “core”.
Another side to this crisis of the state is the alarming spread of internecine conflict and the growing perception of law enforcers as illegitimate, arbitrary and cruel (the 2014 Ferguson Riots are a compelling example of this and demonstrate that the US is not exempt). Such trends point inexorably towards the view that the nation-state may eventually be fated to be abandoned – not just in a particular country, but everywhere.
In my view, Wallerstein’s analysis is compelling. However, it lacks emphasis on the dawn of digital life, which has added a whole new dimension to the crisis of the world-system by literally turning the world into a community of individuals interacting on an unprecedented supranational level. This is historically important and bound to change global politics for very profound and complex reasons.
Another key historian of the world-system, Benedict Anderson, says something insightful about our modern nation-states in his book, Imagined Communities (1982). His analysis differs from Wallerstein’s, mainly due to his greater emphasis on technology and language. He gives the example of Bismarck’s Germany as the first modern nation-state, which differs from Wallerstein’s preoccupation with revolutionary France. In Imagined Communities, Anderson explains that the telegraph and rail systems allowed Germany to become a unified nation, by developing a sense of national consciousness.
If telegraph led to the formation of national consciousness through an illusory sense of community enough to give rise to a nation, surely it follows that the internet – with its profound revolution in our lives – will give rise to something equally significant. The champion of today’s rebel “cypherpunk” elite, Julian Assange, has said something very approximate to this in his own rhetoric, arguing that a “new body politic” is rising to challenge government authority through the internet. He also describes digital life as borderless and free, in such a way that can only become more and more real as digital technology continues its exponential growth. It is no accident that this sounds like the egalitarian post-state future leaned towards by Wallerstein as humanity’s noblest alternative.
Modern political legitimacy is founded on the doctrine of popular sovereignty, as Immanuel Wallerstein repeatedly points out in his works. One may be the citizen of a “nation” by having certain arbitrary qualities or place of birth, and as such may be treated equally and defended by a given state. This is what we call being part of a nation, whether it is the United States or a highly contested “state” like Palestine or Abkhazia. However, the basis of such an institution is very much in question, and in the future it will become increasingly weakened by the growing transnational consciousness brought about by weakening borders and exponential digital communication.
Where does this lead us? Shall we reject popular sovereignty as obsolete? Impossible. It is the sacrosanct foundation of all modern democracy and civil rights, and the only reliable metric of social progress. Self-determination of nations has been part of the doctrine of popular sovereignty, as is the idea that regimes must be legitimately elected to power by their constituent nations. However, if the nation is to become obsolete, as predicted in Wallerstein’s analysis of the crisis of the world-system, self-determination still stands because human rights are sacrosanct. The self-recognition of transnational humanity as sovereign must follow, and global lines of transport and communication make that feasible. The hard part is educating people that their dear “nation” no longer exists, and that is why speech and writing to sustain a global social narrative are so vital.
Perhaps the end result of the self-determination of humanity is not necessarily “global citizenship” as predicted by some (redundant, since citizenship is designed to exclude others and serves no purpose if it lacks this proscriptive power). Nor is it necessarily “world government”. However, we can know that human rights like self-determination will outlive the existence of the nation-state, and the alternative regime will then be designed and elected by the whole of transnational humanity rather than a particular group.
A new form of network-centric governance, authoritative but not authoritarian, based on scientific methods of evaluation, and tolerating no disparities in wealth or information, is a model that could supersede all the nations and make world inequality obsolete. Such a revised politics would be intellectually consistent with and assist to usher in a Global Resource-Based Economy.

By Harry J. BenthamMore articles by Harry J. Bentham

Originally published in Issue 13 of The Venus Project Magazine

My Brief Q&A session with Christoffer De Geer, about BitCoin, Cryptocurrency, and Blockchain Technology.

This Q&A was first published by Mr. Geir Solem, Director of Cryptor Trust Inc., on the Cryptor Primary Investor Blog (Date: October 31, 2014).

Quote: “BitCoin was the first small step in what I believe will be a truly transformational journey, for each and every one of us. In 10 Years Cryptocurrency and Blockchains have every chance to have the same, or greater, impact on our lives, society, and civiliation, as the creation of Email had to the Postal Service, and the Fax Machine as compared to the Internet; in 25 Years Monetary Systems, Systems of Trade and Exchange, Systems of Transaction of Goods, Ledger and Recordation Systems, Everything You Know – Will – Be – Different – and, Unrecognizable relative to what we know today at the end of the year 2014.”

See the Q&A article here » [Article: BitCoin, Cryptocurrency, and Blockchain Technology] Continue reading “BitCoin, Cryptocurrency, and Blockchain Technology — A Brief Q&A” | >

Currents and Undercurrents?

0    FORESIGHT

I was reading The Economist and a notion came to my mind.

We have all have heard the Chinese adage,

“… Don’t look at the waves but the currents underneath …”

As per the onset and in-progress Disruptional Singularity (coined by the signatory), and using the terms “current” and “undercurrent” as linguistic wilds-cards, we have several CONCURRENT Global Current and Worldly Undercurrent going on, around this Globe.

In extreme holistic (beyond-insurance) risk management, we always know that small risks and medium-size risks and even large risks end up compounding together into devastation if we stay like innocent bystanders.

And as they compound, they make the Diruptional Singularity is a reality.

Considering Media and Political Agendas, Which one is the “Current,” Ebola or ISIS?

Considering Media and Political Agendas, Which one is the “Undercurrent,” ISIS or Ukraine?

And there are also Forefronts and Foregrounds, such as the global massive sovereign indebtedness, nation-state-promoted cyberattacks, or reserve currencies waged into war by the Central Bankers in the most important world economies.

Proper jobs and correct employment will never come back as industrial investors prefer to invest on bots and superautomation than humans. For the sake of their shares values and dividends, they will make frequent pacts with Satan with the utter purpose to be superricher yet.

We have our concentration GLUED to the Waves, and not the Currents, Undercurrents, Counter-Currents, and Counter-Undercurrents underneath!

Currents are Dynamic Driving Forces that reshape this as-of-now Present (Continuum) and near-term future.

Undercurrents are Counter-” Dynamic Driving Forces” that reshape this as-of-now Present (Continuum) and near-term future.

And so on and on. Every Force has a Counter-Force.

In other not to get your mind brainwashed, socially-engineered, or controlled, you are going to have to REFLECT HARD AND SUBTLE and UNCONDITIONALLY AUDIT all those currents and counter-current underneath.

BY MR. ANDRES AGOSTINI

White Swan Book Author (Source of this Article)

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Julian Assange’s 2014 book When Google Met WikiLeaks consists of essays authored by Assange and, more significantly, the transcript of a discussion between Assange and Google’s Eric Schmidt and Jared Cohen.
As should be of greatest interest to technology enthusiasts, we revisit some of the uplifting ideas from Assange’s philosophy that I picked out from among the otherwise dystopian high-tech future predicted in Cypherpunks (2012). Assange sees the Internet as “transitioning from an apathetic communications medium into a demos – a people” defined by shared culture, values and aspirations (p. 10). This idea, in particular, I can identify with.
Assange’s description of how digital communication is “non-linear” and compromises traditional power relations is excellent. He notes that relations defined by physical resources and technology (unlike information), however, continue to be static (p. 67). I highlight this as important for the following reason. It profoundly strengthens the hypothesis that state power will also eventually recede and collapse in the physical world, with the spread of personal factories and personal enhancement technologies (analogous to personal computers) like 3-d printers and synthetic life-forms, as explained in my own techno-liberation thesis and in the work of theorists like Yannick Rumpala.
When Google Met Wikileaks tells, better than any other text, the story of the clash of philosophies between Google and WikiLeaks – despite Google’s Eric Schmidt assuring Assange that he is “sympathetic to you, obviously”. Specifically, Assange draws our attention to the worryingly close relationship between Google and the militarized US police state in the post-9/11 era. Fittingly, large portions of the book (p. 10–16, 205–220) are devoted to giving Assange’s account of the now exposed world-molesting US regime’s war on WikiLeaks and its cowardly attempts to stifle transparency and accountability.
The publication of When Google Met WikiLeaks is really a reaction to Google chairman Eric Schmidt’s 2013 book The New Digital Age (2013), co-authored with Google Ideas director Jared Cohen. Unfortunately, I have not studied that book, although I intend to pen a fitting enough review for it in due course to follow on from this review. It is safe to say that Assange’s own review in the New York Times in 2013 was quite crushing enough. However, nothing could be more devastating to its pro-US thesis than the revelations of widespread illegal domestic spying exposed by Edward Snowden, which shook the US and the entire world shortly after The New Digital Age’s very release.
Assange’s review of The New Digital Age is reprinted in his book (p. 53–60). In it, he describes how Schmidt and Cohen are in fact little better than State Department cronies (p. 22–25, 32, 37–42), who first met in Iraq and were “excited that consumer technology was transforming a society flattened by United States military occupation”. In turn, Assange’s review flattens both of these apologists and their feeble pretense to be liberating the world, tearing their book apart as a “love song” to a regime, which deliberately ignores the regime’s own disgraceful record of human rights abuses and tries to conflate US aggression with free market forces (p. 201–203).
Cohen and Schmidt, Assange tells us, are hypocrites, feigning concerns about authoritarian abuses that they secretly knew to be happening in their own country with Google’s full knowledge and collaboration, yet did nothing about (p. 58, 203). Assange describes the book, authored by Google’s best, as a shoddily researched, sycophantic dance of affection for US foreign policy, mocking the parade of praise it received from some of the greatest villains and war criminals still at large today, from Madeleine Albright to Tony Blair. The authors, Assange claims, are hardly sympathetic to the democratic internet, as they “insinuate that politically motivated direct action on the internet lies on the terrorist spectrum” (p. 200).
As with Cypherpunks, most of Assange’s book consists of a transcript based on a recording that can be found at WikiLeaks, and in drafting this review I listened to the recording rather than reading the transcript in the book. The conversation moves in what I thought to be three stages, the first addressing how WikiLeaks operates and the kind of politically beneficial journalism promoted by WikiLeaks. The second stage of the conversation addresses the good that WikiLeaks believes it has achieved politically, with Assange claiming credit for a series of events that led to the Arab Spring and key government resignations.
When we get to the third stage of the conversation, something of a clash becomes evident between the Google chairman and WikiLeaks editor-in-chief, as Schmidt and Cohen begin to posit hypothetical scenarios in which WikiLeaks could potentially cause harm. The disagreement evident in this part of the discussion is apparently shown in Schmidt and Cohen’s book: they alleged that “Assange, specifically” (or any other editor) lacks sufficient moral authority to decide what to publish. Instead, we find special pleading from Schmidt and Cohen for the state: while regime control over information in other countries is bad, US regime control over information is good (p. 196).
According to the special pleading of Google’s top executives, only one regime – the US government and its secret military courts – has sufficient moral authority to make decisions about whether a disclosure is harmful or not. Assange points out that Google’s brightest seem eager to avoid explaining why this one regime should have such privilege, and others should not. He writes that Schmidt and Cohen “will tell you that open-mindedness is a virtue, but all perspectives that challenge the exceptionalist drive at the heart of American foreign policy will remain invisible to them” (p. 35).
Assange makes a compelling argument that Google is not immune to the coercive power of the state in which it operates. We need to stop mindlessly chanting “Google is different. Google is visionary. Google is the future. Google is more than just a company. Google gives back to the community. Google is a force for good” (p. 36). It’s time to tell it how it is, and Assange knows just how to say it.
Google is becoming a force for bad, and is little different from any other massive corporation led by ageing cronies of the narrow-minded state that has perpetrated the worst outrages against the open and democratic internet. Google “Ideas” are myopic, close-minded, and nationalist (p. 26), and the corporate-state cronies who think them up have no intention to reduce the number of murdered journalists, torture chambers and rape rooms in the world or criticize the regime under which they live. Google’s politics are about keeping things exactly as they are, and there is nothing progressive about that vision.
To conclude with what was perhaps the strongest point in the book, Assange quotes NYT columnist Tom Friedman. We are warned by Friedman as early as 1999 that Silicon Valley is led less now by the mercurial “hidden hand” of the market than the “hidden fist” of the US state. Assange argues, further, that the close relations between Silicon Valley and the regime in Washington indicate Silicon Valley is now like a “velvet glove” on the “hidden fist” of the regime (p. 43). Similarly, Assange warns those of us of a libertarian persuasion that the danger posed by the state has two horns – one government, the other corporate – and that limiting our attacks to one of them means getting gored on the other. Despite its positive public image, Google’s (and possibly also Facebook’s) ties with the US state for the purpose of monitoring the US pubic deserve a strong public backlash.