NYSE operator’s crypto project Bakkt brings in $182M

File: Crypto Losses Near $700 Billion In Worst Week Since Bubble Burst

The Intercontinental Exchange’s (ICE) cryptocurrency project Bakkt celebrated New Year’s Eve with the announcement of a $182.5 million equity round from a slew of notable institutional investors. ICE, the operator of several global exchanges, including the New York Stock Exchange, established Bakkt to build a trading platform that enables consumers and institutions to buy, sell, store and spend digital assets.

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A massive, ‘semi-infinite’ trove of rare-earth metals has been found in Japan

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  • Researchers have found hundreds of years’ worth of rare-earth materials underneath Japanese waters — enough to supply to the world on a “semi-infinite basis,” according to a study published in Nature Publishing Group’s Scientific Reports.
  • Rare-earth metals are crucial in the making of high-tech products such as electric vehicles and batteries, and most of the world has relied on China for almost all of its needs.

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AI competition is the new space race

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The technology still has a long way to go despite progress in 2018. The EU, U.S. and China are all determined not to be left behind.

It’s been another year of relentless artificial-intelligence hype and incremental AI achievement. Machines still beat humans only in carefully constructed environments or at narrow tasks. The good news is that, as the technology progresses, the race for leadership is still wide open, and even Europe, where politicians fret that the continent is lagging behind China and the U.S., is still quite competitive.

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Rise of foreign stars in Chinese social media marks the beginning of a new trend

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China’s internet celebrity economy has expanded exponentially in recent years. According to a report released by iResearch, the number of online celebrities in China with more than 100,000 followers has increased by 57.3 percent since 2016.

With a single embedded ad in a WeChat post worth up to $145,000 USD for influencers with dedicated followings, and a total market estimated at $14 billion USD in 2018 by Beijing-based research agency Analysus, it’s a sizeable, attractive market for internet personalities.

Chinese internet celebrities have capitalized on these huge audiences and lucrative businesses, but foreigners have started to realize they can join in the fun.

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Microorganisms that eat seaweed can create biodegradable plastic

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Ocean Of Opportunity

Earth’s oceans contain tens of millions of tons of plastic pollution. But a new technique that creates biodegradable plastics out of seaweed could finally give the oceans relief.

Bioplastics are plastics manufactured from biomass sources instead of fossil fuels. Many degrade far more quickly than traditional plastics, but creating them typically requires fertile soil and fresh water, which aren’t available everywhere.

Now, researchers have found a way to create a bioplastic using seaweed, a far more accessible resource — a promising new approach that could both reduce strain on the plastic-clogged oceans and reduce the Earth’s dependence on fossil fuels.

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The dawn of a new Big Tech regulatory era?

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At the ShellyPalmer Innovation Series Breakfast at CES 2018, I had a Socratic discussion about the influence of the big technology platforms and other emerging technologies on our lives and the need for responsible innovation with David Sapin, US Risk & Regulatory Leader, PwC. We also talked about the growing “techlash” buzz for more industry regulation and, while we agreed that there was a need for formal approach around some aspects of the industry, we felt that the best approach at the time might be an industry self-regulatory approach to responsible innovation (see A Case for Responsible Innovation).

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Some of the biggest livestreamers in China are not teenagers, but farmers

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When most people think about countryside life, they envision plowing fields, feeding farm animals, and other grueling work. But China is seeing a new type of farm work becoming popular: livestreaming.

Yes, farmers livestreaming their work has become a hit in China – so much so that one of the country’s biggest ecommerce platforms has set up a special program to train them. Alibaba has announced that it’s planning a special poverty alleviation program for Taobao sellers in the countryside, including incubating 1,000 farmer livestreamers.

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Using molten salt to store electricity isn’t just for solar thermal plants

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Startup follows on a number of innovative ideas to make renewable energy more flexible.

How can we make wind a more versatile energy source? By adding storage.

An energy storage startup that found its footing at Alphabet’s X “moonshot” division announced last week that it will receive $26 million in funding from a group of investors led by Breakthrough Energy Ventures, a fund that counts Jeff Bezos and Michael Bloomberg as investors and whose chairman is Bill Gates. The startup, called Malta, uses separate vats of molten salt and antifreeze-like liquid to store electricity as thermal energy and dispatch it to the grid when it’s needed.

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Magical new AR demo transforms 2D photos into ‘Harry Potter’-style 3D animations

Imagine if you were able to point your smartphone, tablet or augmented reality (AR) headset at a still image, and watch it come to life before your very eyes. This is something that’s possible using the latest augmented reality technology, such as Apple’s ARKit or Google’s ARCore. However, while we have seen it done before, typically it has been limited to just one or two select images — for instance, as a tool for animating advertising billboards.

Researchers from the University of Washington and Facebook have built something that’s a whole lot more versatile. Their new “Photo Wake-Up” project will animate stationary characters in any image, resulting in them springing into action to sprint toward you out of the background. Because who has time for boring old still images as we reach the final days of 2018?

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Here’s why the future of haptic technology looks (or rather, feels) like

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This graspable haptic device, called Foldaway, is the size of a drink coaster when flat, making it conveniently portable. The user places a joystick where the three hinged arms meet, and the arms offer resistance, to give a sense of the objects being manipulated. (Screenshot of image series by Alice Concordel)

Bringing the sense of touch to virtual reality experiences could impact everything from physical rehabilitation to online shopping.

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Harbor town in Germany unveils urban- chic hostel made out of repurposed shipping containers

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Berlin-based Holzer Kobler Architekturen and Kinzo Architekten have collaborated on Germany’s first upcycled hostel and its nothing short of spectacular. The Dock Inn is made out of multiple repurposed shipping containers that have been carved out to create 64 guest rooms which all feature a vibrant interior design that mixes urban chic with industrial charm.

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DaVinci Speakers Series : Bitcoin and Blockchain

By now the mainstream media has been flushed with headlines about bitcoin and it’s underlying technology, the blockchain, but how will they actually change society? Is this all about creating a new form of money or will industries from all areas be impacted and disrupted? As a matter of fact voting, energy management, ride sharing, insurance, education, and virtually every single industry is about to undergo a paradigm shift. Come discover the present and future world where decentralized currencies and systems dominate.

SPEAKER BIO:

Cameron Schorg, also known as “The Bitcoin Guy” to many, was recently named 1 of 15 “People to Watch in 2018” by the Des Moines Register. The last 6 years of his life have been devoted to evangelizing and harnessing the disruptive nature of Bitcoin and its underlying technology, the Blockchain. As a pioneer, he launched an exchange startup at the age of 16, organized grassroots movements at more than 75 Universities worldwide, and works with some of the world’s most prominent cryptocurrency companies. Schorg is regularly featured as a subject expert at FinTech industry events, educational seminars, media coverages, and frequently consults companies and individuals. His relentless devotion stems from the will to free us all from economic slavery, truly democratize the worlds markets, and push humanity into an age of abundance. This starts with Bitcoin.

 

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