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.”
“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
Written By: Arlington Hewes — Singularity Hub
The list of things computers can do better than humans is already long, and it’s getting longer every year. Now, you can add making environmental inferences.
We pride ourselves on the ability to read between the lines, find patterns and information where they aren’t immediately obvious. A hundred subtle (or not so subtle) details in a given scene may add up to the fight-or-flight judgement this is a safe place—or, run!
By Austin Carr — Fast Company
Michael Heyward is scouring the web for military secrets, though not of the Julian Assange variety. Over black tea at a dark hotel bar in downtown Los Angeles, Heyward and I sit next to each other, noses to a laptop as he searches on Whisper, the mobile service he created that lets anyone share their innermost secrets anonymously. He’s using an internal company tool called Predict to dig up Whispers on specific topics–in this instance, about soldiers who are agonizing over their sexual preferences. Heyward zeroes in on locations like Kandahar and Bagram Airfield, in Afghanistan, soon landing on a Whisper from a bisexual Marine near Kabul who is afraid to come out to his platoon. “This guy thinks he’s the only person on the planet with this emotion, but there’s no reason he should feel alone–tons of people are like him,” says Heyward. “We created this place so you can connect with people. It’s like a Wikipedia of human emotion.”