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Sony and IBM Join Forces to Put Student Achievement on the Blockchain

Sony and IBM Join Forces to Put Student Achievement on the Blockchain

On August 9, IBM announced the firm’s cooperation with Sony Global Education — a subsidiary of Sony, providing global educational services — with the objective to develop a learning platform for students implementing blockchain technology.

According to IBM, the blockchain-based educational platform would allow school administrators to manage and consolidate the educational data of students at multiple schools in addition to recording and referring their “learning history and digital academic transcripts with more certainty.” The platform will use the IBM Blockchain, which is based on the IBM Cloud, to establish “transparency and accountability of scholastic achievements between students and schools,” allowing both professors and students to track the latter’s learning progress.

The tech giant pointed out that it is often difficult for employers to verify student records of potential hires. According to IBM, there are multiple reasons for this issue, including students taking online courses and attending universities abroad. Such “non-traditional methods” can create confusion for the employers; however, IBM believes implementing blockchain technology will resolve the issue. The learning platform will give both the teachers and the students a digital, trusted record showing their accomplishments, which can be — thanks to the nature of blockchain technology — easily verified by future employers or educational institutions.

“Blockchain technology has the potential to impact systems in a wide variety of industries, and the educational sphere is no exception when educational data is securely stored on the blockchain and shared among permissioned users. We are pleased that we have worked together with IBM to build a new system which can help effect real change in the education sector,” Masaaki Isozu, President of Sony Global Education, said in a statement.

The system’s work is simple: student data will be recorded by the platform and shared with “need-to-know parties,” including future employers and school administrators. Since the learning platform will be using the IBM Blockchain, every piece of data can be verified by the parties.

Schools, colleges and universities can also share the data to help teachers identify and implement unique teaching methods for each student based on the information on the blockchain. The learning platform will also collect all related information and place it in a single repository, which will allow the reliable sharing of digital transcripts. Students will be able to create certain networks on the blockchain, which can’t be altered or changed by any party.

In addition, the platform will help specific vendors target offerings based on verified needs. Representatives from IBM Japan confirmed to Bitcoin Magazine that these vendors include private preparatory schools and cram schools (institutions specialized in training students to reach certain goals). The only data provided to the vendors are the study results of the students. The students or their parents will maintain access control for the students’ study results.

“Blockchain [technology] offers a new approach to how the lifetime history of data related to a person, place or thing is shared and managed. In effect, data tracked on a blockchain becomes a single source of truth. We are delighted to have supported Sony Corporation and Sony Global Education to build up a new blockchain-based platform for innovations in education,” said Yoshiki Minowa, Vice President and partner of Cognitive Process Transformation, Global Business Services, IBM Japan.

The platform will be powered by Hyperledger Fabric 1.0, a blockchain framework and one of the Hyperledger projects hosted by The Linux Foundation.

The post Sony and IBM Join Forces to Put Student Achievement on the Blockchain appeared first on Bitcoin Magazine.

Sony and IBM Join Forces to Put Student Achievement on the Blockchain

On August 9, IBM announced the firm’s cooperation with Sony Global Education — a subsidiary of Sony, providing global educational services — with the objective to develop a learning platform for students implementing blockchain technology.

According to IBM, the blockchain-based educational platform would allow school administrators to manage and consolidate the educational data of students at multiple schools in addition to recording and referring their “learning history and digital academic transcripts with more certainty.” The platform will use the IBM Blockchain, which is based on the IBM Cloud, to establish “transparency and accountability of scholastic achievements between students and schools,” allowing both professors and students to track the latter’s learning progress.

The tech giant pointed out that it is often difficult for employers to verify student records of potential hires. According to IBM, there are multiple reasons for this issue, including students taking online courses and attending universities abroad. Such “non-traditional methods” can create confusion for the employers; however, IBM believes implementing blockchain technology will resolve the issue. The learning platform will give both the teachers and the students a digital, trusted record showing their accomplishments, which can be — thanks to the nature of blockchain technology — easily verified by future employers or educational institutions.

“Blockchain technology has the potential to impact systems in a wide variety of industries, and the educational sphere is no exception when educational data is securely stored on the blockchain and shared among permissioned users. We are pleased that we have worked together with IBM to build a new system which can help effect real change in the education sector,” Masaaki Isozu, President of Sony Global Education, said in a statement.

The system’s work is simple: student data will be recorded by the platform and shared with “need-to-know parties,” including future employers and school administrators. Since the learning platform will be using the IBM Blockchain, every piece of data can be verified by the parties.

Schools, colleges and universities can also share the data to help teachers identify and implement unique teaching methods for each student based on the information on the blockchain. The learning platform will also collect all related information and place it in a single repository, which will allow the reliable sharing of digital transcripts. Students will be able to create certain networks on the blockchain, which can’t be altered or changed by any party.

In addition, the platform will help specific vendors target offerings based on verified needs. Representatives from IBM Japan confirmed to Bitcoin Magazine that these vendors include private preparatory schools and cram schools (institutions specialized in training students to reach certain goals). The only data provided to the vendors are the study results of the students. The students or their parents will maintain access control for the students’ study results.

“Blockchain [technology] offers a new approach to how the lifetime history of data related to a person, place or thing is shared and managed. In effect, data tracked on a blockchain becomes a single source of truth. We are delighted to have supported Sony Corporation and Sony Global Education to build up a new blockchain-based platform for innovations in education,” said Yoshiki Minowa, Vice President and partner of Cognitive Process Transformation, Global Business Services, IBM Japan.

The platform will be powered by Hyperledger Fabric 1.0, a blockchain framework and one of the Hyperledger projects hosted by The Linux Foundation.

The post Sony and IBM Join Forces to Put Student Achievement on the Blockchain appeared first on Bitcoin Magazine.

Bitcoin Cash Breaks Price Doldrums to Push Past $400

Bitcoin Cash’s price rose above the $400 mark today, breaking the rangebound market trend of the past several days. The cryptocurrency climbed as high as $406 today, according to data from CoinMarketCap. The move followed days of steady market fluctuations, with the price of Bitcoin Cash trading no more than a few dollars above or below the $300 level. […]

Bitcoin Cash’s price rose above the $400 mark today, breaking the rangebound market trend of the past several days. The cryptocurrency climbed as high as $406 today, according to data from CoinMarketCap. The move followed days of steady market fluctuations, with the price of Bitcoin Cash trading no more than a few dollars above or below the $300 level. […]

DetectorToken – Blockchain Based Bot for Pumps and Betting Market Notification

detector tokenIf you are an avid user of cryptocurrencies who regularly trades various currencies through exchanges, you would understand the importance of staying up-to-date with the latest market trends and information about cryptocurrencies. Particularly in today’s world of cryptocurrencies where high volatility exists, it is essential that traders share their insights and collaborate with one another to better analyse the market and benefit from trading/investing. There is a bot which has automated the process of guiding new investors to profit by trading. This bot is called the ‘DETECTOR bot’ and it provides reliable market information towards its users to allow them

detector token

If you are an avid user of cryptocurrencies who regularly trades various currencies through exchanges, you would understand the importance of staying up-to-date with the latest market trends and information about cryptocurrencies. Particularly in today’s world of cryptocurrencies where high volatility exists, it is essential that traders share their insights and collaborate with one another to better analyse the market and benefit from trading/investing.

There is a bot which has automated the process of guiding new investors to profit by trading. This bot is called the ‘DETECTOR bot’ and it provides reliable market information towards its users to allow them to stay up-to-date and be informed about the latest market trends and moves.

Users can choose their own investment options when using the ‘DETECTOR bot’. The bot provides options such as investing on your own, following investment strategies of experienced traders, and letting the bot make investment decisions based on the accumulated information. Users can switch from one investment option to the other easily and profit accordingly.

The development team behind this free-to-use bot will be launching an ICO for the purpose of securing development funds. This development – if ICO ends successfully – will assist in the creation of a fully automated bot which sends signals to customers to guide their investment decisions by telling them what and when to buy. Once the ICO ends, the bot will be serviced under subscriptions, helping investors earn from the subscriptions made by prospects.

Below are the ICO details as stated on their whitepaper:

Website: https://detectortoken.com
Name: DETECTOR Token
Ticker: DTCT
Supply: 12,000,000
Ethereum Based Tokens
ICO Start: August 20, 2017 00:00 UTC
ICO End: September 20, 2017 00:00 UTC
ICO Tokens: 10,000,000
Accepting: ETH
Exchange Rate: 700 DTCT – 1 ETH

Learn more about DETECTOR bot, DETECTOR token, and the ICO through their whitepaper:
https://detectortoken.com/docs/DetectorToken_White_Paper.pdf

DetectorToken ICO:
https://detectortoken.com/ico/

Disclaimer: This is a sponsored press release and does not necessarily reflect the opinions of any The Merkle employees. This is not investment or trading advice, always do your own independent research.

Italian Authority Fines Onecoin Promoters 2.6 Million Euros

Onecoin promoters have been fined 2.6 million euros in Italy after the country’s antitrust authority found them engaging in a pyramid scheme and misleading promotions. The fines follow the authority’s previous suspensions of Onecoin activities, which have failed to stop its promotion in the country. Also read: Bafin Issues Cease and Desist Orders to Ban […]

The post Italian Authority Fines Onecoin Promoters 2.6 Million Euros appeared first on Bitcoin News.

Onecoin promoters have been fined 2.6 million euros in Italy after the country’s antitrust authority found them engaging in a pyramid scheme and misleading promotions. The fines follow the authority’s previous suspensions of Onecoin activities, which have failed to stop its promotion in the country.

Also read: Bafin Issues Cease and Desist Orders to Ban Onecoin Activities in Germany

Onecoin Promoters Fined Millions of Euros

Italian Authority Fines Onecoin Promoters 2.6 Million EurosThe Italian Competition Authority known as L’Autorità Garante della Concorrenza e del Mercato (AGCM) in Italian has fined several Onecoin promoters a total of €2,595,000 for running pyramid sales and for using misleading promotional methods. The Competition Authority is a quasi-autonomous, non-governmental organization financed by the Ministry of Economic Development. It is in charge of enforcing both Italian and European consumer protection laws. They wrote:

After the investigations, the Authority imposes sanctions against One Life Network Ltd (€ 2.000.000), One Network Services Ltd (€ 500.000), Easy Life Srl (€ 80.000), as well as the registrants of websites Onecoinsuedtirol.it, Onecoinitaliaofficial.it, Onecoinitalia.com (€ 5.000 each).

Pyramid Scheme and Misleading Information

The AGCM found that the methods used by One Life Network to promote the sale of Onecoin and its related training packages provide misleading information to consumers about the nature of the product and its pyramid scheme.

Italian Authority Fines Onecoin Promoters 2.6 Million EurosConsumers were misled into believing that after acquiring a training package, they could obtain “Onecoin cryptocurrency” which would substantially increase in value, the AGCM detailed. “For example, the purchase of the €27.530 package would have allowed a €3.000.000 equivalent after just two years of joining the program.” The authority also described how “recruitment of new consumers was the sole purpose of sales activity and was strongly encouraged by the recognition of various bonuses, the only real and effective remuneration of the program.”

A day after the ACGM’s announcement, Onecoin issued a response. Among other clarifications, the organization denied the pyramid sales allegations, its involvement with Easy Life Srl and the aforementioned domains, as well as the authority’s understanding of its business model.

Previous Suspensions Ineffective

In December 2016, the AGCM suspended the promotion of Onecoin by One Network Services Ltd as well as the registrants of two Onecoin-related domains.

Then in February of this year, the authority suspended the promotion of Onecoin by One Life Network and Easy Life Srl. At that time, only Easy Life Srl had reported that it had stopped the practice.

After the suspensions, Onecoin promoters have maintained that their system is “absolutely legal” and in compliance with European and national legislation. In addition, they continued to host meetings to promote and sell Onecoin. One Life Network, which is responsible for the sale of Onecoin in Italy, “continues unabated in its activities,” Wall Street Italia wrote, adding that “the authority therefore adopted a new approach of imposing a financial penalty.”

Do you think the fines will deter Onecoin promoters from operating in Italy? Let us know in the comments section below.


Images courtesy of Shutterstock, Pixabay, Onecoin, ACGM


Need to calculate your bitcoin holdings? Check our tools section.

The post Italian Authority Fines Onecoin Promoters 2.6 Million Euros appeared first on Bitcoin News.

Just How Anonymous are Bitcoin Transactions? – CoinTelegraph


CoinTelegraph

Just How Anonymous are Bitcoin Transactions?
CoinTelegraph
To identify the Bitcoin users, these clues would be combined with additional information about them that could be sourced from Internet service providers (ISP), Bitcoin exchanges, Bitcoin web wallets, spyware on the Bitcoiners’ device and the


CoinTelegraph

Just How Anonymous are Bitcoin Transactions?
CoinTelegraph
To identify the Bitcoin users, these clues would be combined with additional information about them that could be sourced from Internet service providers (ISP), Bitcoin exchanges, Bitcoin web wallets, spyware on the Bitcoiners' device and the ...

Bitcoin Bear Peter Schiff Doubles Down: Even at $4000 It’s Still a ‘Bubble’ – CoinDesk


CoinDesk

Bitcoin Bear Peter Schiff Doubles Down: Even at $4000 It’s Still a ‘Bubble’
CoinDesk
But even though bitcoin’s price has soared in recent weeks, there will always be bears who see the market through a profoundly darker lens. One of the best-known among the bears, investor Peter Schiff, is now making his case in even stronger terms for


CoinDesk

Bitcoin Bear Peter Schiff Doubles Down: Even at $4000 It's Still a 'Bubble'
CoinDesk
But even though bitcoin's price has soared in recent weeks, there will always be bears who see the market through a profoundly darker lens. One of the best-known among the bears, investor Peter Schiff, is now making his case in even stronger terms for ...

Nametoken Increases the Value of a Domain by 7200%

domain frontingThe domain registry market can be a lucrative area that many people do not consider for investment. Various domain names can be worth a lot of money to the right buyer. A project called Nametoken is looking to tap into that market, and it already has a success story to tell. Nametoken Business Acumen Sees Potential in Domain Registry Market While domain names can be and have sold for literally millions of dollars in the past, choosing the right domains to buy, grow, and sell can be a daunting task, especially to the new domain name investor. This is why Nametoken’s plan

domain fronting

The domain registry market can be a lucrative area that many people do not consider for investment. Various domain names can be worth a lot of money to the right buyer. A project called Nametoken is looking to tap into that market, and it already has a success story to tell.

Nametoken Business Acumen Sees Potential in Domain Registry Market

While domain names can be and have sold for literally millions of dollars in the past, choosing the right domains to buy, grow, and sell can be a daunting task, especially to the new domain name investor. This is why Nametoken’s plan to develop an app as a gateway to a domain investment ecosystem is so cool and useful. The team’s combined experience of over 20 years and their ability to accurately predict ROI potential using big data puts them in a unique position to identify opportunities and execute actionable strategies to make money. Considering that the domain registration business is not slowing down — there was actually a 0.4% increase in domain registrations during the last year alone — Nametoken is demonstrating that domain registry as an investment is viable.

Nametoken’s Development Strategy

It is always helpful to have an example or case study to truly appreciate how a project operates and grows the value of its assets. Let’s take a look at Nametoken’s strategy through the lens of the domain name druckerpatronen.de. About five years ago, the founder of the Nametoken project purchased this domain for US$50,000 with the goal of cultivating it into an extremely valuable, premium domain name. Less than five years later, it is now worth over US$3.6 million, an increase of 7,200%. Druckerpatronen.de is currently one of the largest online stores in Germany for printer cartridges and other office supplies. 

Nametoken’s strategy largely is as follows. The first step is acquiring generic top level domains at a discounted price. Once a project builds trust in the domain’s brand, it works to keep its conversion rate high. That also means creating and maintaining excellent relationships with suppliers to keep prices competitive and ensure on time deliveries. Lastly, to grow the worth of the domain, the team must continue to optimize the project.

The Addition of the Blockchain

The Nametoken project has clearly demonstrated its ability to grow the value of premium domains, but they want to disrupt the industry even more by adding blockchain technology and create the first ever domain ecosystem. A decentralized blockchain for its ecosystem will bring security and speed to trading and transacting. It will live on the Ethereum blockchain and utilize smart contracts.

The use of a mobile app will help Nametoken make more informed decisions by collecting big data from the web and users in its ecosystem. For their participation, users will be rewarded with NAT tokens. These tokens can then be used within the ecosystem to buy, sell, park, and register domain names of their own.

Nametoken is currently hosting its ICO, which runs through the 30th of September.

Nametoken’s site: https://www.nametoken.io/

Nametoken’s ICO: https://www.nametoken.io/#ico

 

This is not investment or trading advice; always conduct your own independent research.  

Australia Is Heading Towards Legalizing Bitcoin

Australian senators from different political parties have started to call on central bank to consider legalizing Bitcoin.

Australian senators from different political parties have started to call on central bank to consider legalizing Bitcoin.

DeepMind Creates AI Capable of Imagination

TheMerkle DeepMind AI ImaginationArtificial intelligence can often seem scary. That is not just because these projects could turn out to be far more efficient compared to humans. There is also so much room left for future growth in the field. DeepMind is by far one of the best-known AI solutions to date, and it looks like its developers have been working on some exciting new elements. In particular, it appears they have been working on a new AI which will have an imagination. An AI With Imagination Could Have Interesting Consequences Up to this point, every known artificial intelligence solution is fairly limited in what it can achieve. It is often

TheMerkle DeepMind AI Imagination

Artificial intelligence can often seem scary. That is not just because these projects could turn out to be far more efficient compared to humans. There is also so much room left for future growth in the field. DeepMind is by far one of the best-known AI solutions to date, and it looks like its developers have been working on some exciting new elements. In particular, it appears they have been working on a new AI which will have an imagination.

An AI With Imagination Could Have Interesting Consequences

Up to this point, every known artificial intelligence solution is fairly limited in what it can achieve. It is often designed to do one thing right and take a very straightforward approach to achieving that goal. There is no degree of imagination since software is incapable of mastering such a trait in its current state. All of that may soon be changed, thanks to a new project developed by DeepMind.

You may have heard about DeepMind in recent months. The company, which was acquired by Google a few years ago, has been developing some interesting AI projects lately. Its latest venture takes the form of an AI which is capable of imagination. That sounds quite strange on paper, as it is nearly impossible to successfully mimic the concept of imagination, especially in software.

The people working at DeepMind came up with a way to do exactly that. Their research is documented in two different papers. In those papers, DeepMind explained how its AI is capable of devising a plan and remembering information which could prove valuable in the long run. Having an AI remember information is unusual in its own right, yet allowing it to devise a plan to achieve its goal based on changing variables is something else entirely.

It is good to see new AI solutions move away from learning accurate and simulated information. Learning a model of the world using sensory data will yield some very different results. The world around us is constantly changing, and ensuring an AI can adapt to these changes will be quite challenging. In that sense, an imagination-based approach could be quite helpful.

DeepMind used video games to test this new imagination-based approach for developing new artificial intelligence projects. In this case, the AI played Sokoban, a complicated puzzle game, without knowing any of the rules or moves. In watching the AI start tackling the problem and determining what needs to be done, it quickly becomes apparent how imaginative this project really is. One also sees a clear evolution as the AI becomes more accurate and completes its moves faster.

The test recorded in the YouTube video below was a success. The AI shows significant data efficiency, robustness, and performance despite not knowing the objective of the game or how it is supposedly played. This is another major development in artificial intelligence. It brings us one step closer to creating software-driven solutions which will enrich our daily lives in many different ways. Only time will tell how far this particular AI project can go, but it sure looks promising.