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Directorate of training inks pact with AWS India to upskill students in emerging technologies – Business Today

August 1, 2023 | Author: admin

The Directorate General of Training (DGT), an apex organisation under the Ministry of Skill Development and Entrepreneurship (MSDE), has joined forces with Amazon Web Services (AWS) India to enhance students capabilities and employability in the fields of cloud computing, data annotation, artificial intelligence (AI), and machine learning (ML). The pact aims to provide students enrolled in DGT institutions with valuable self-paced online learning programs at no cost.

Under this partnership, AWS India will offer cutting-edge learning content through DGTs Bharat Skills platform. This platform serves as a central repository of updated curriculum, course content, question banks, and learning videos for all courses under the Craftsmen Training Scheme (CTS) and Crafts Instructor Training Scheme (CITS) offered by approximately 15,000 Industrial Training Institutes (ITIs) and 33 National Skill Training Institutes (NSTIs) across India.

We are making training on high-demand, emerging technologies available to students, opening up new opportunities for them, and enhancing their employability. Through this initiative with AWS, students from ITIs and NSTIs can gain in-demand skills and hands-on experience in important areas such as cloud computing, data annotation, AI, and ML, said Atul Kumar Tiwari, Secretary of MSDE.

The move, government said, has a significance in preparing a skilled workforce in cloud computing, AI, and ML to drive innovation and enhance the country's competitiveness. By offering relevant AWS-based curriculum and learning resources to learners and educators, AWS is making a significant investment in India's future digital workforce.

Cloud computing, AI, and ML are transforming nearly every industry, and developing a workforce skilled in these technologies is important to drive innovation and enhance the countrys competitiveness, said Sunil PP, LeadEducation, Space, Non-profits, Channels, and Alliances at AWS India Private Limited.

AWS India will provide nominated education institutions under DGT with a ready-to-teach cloud computing curriculum, enabling students to pursue industry-recognised certifications and access in-demand cloud jobs.

The collaboration between DGT and AWS India is expected to play a vital role in equipping Indian students with the necessary skills to thrive in the evolving digital landscape and contribute to the nation's economic growth and competitiveness.

The ongoing trend of cloud adoption has accelerated, especially since the pandemic pushed organizations of all sizes to digitise their operations and enable remote working through cloud-based services. According to the Asia Pacific Digital Skills Study: The Economic Benefits of a Tech-Savvy Workforce research, 92% of the 769 employers surveyed in India believe that at least one emerging technology, such as AI, edge and quantum computing, block chain, and cryptocurrency, is likely to become a standard part of their future business operations.

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CME Ether/Bitcoin Ratio Futures Arrive on July 31 – Markets Media

August 1, 2023 | Author: admin

Whats new? Ether/Bitcoin Ratio futures arrive on July 31

Ether/Bitcoin Ratio futures will be available starting July 31, pending regulatory review. The new contract enables traders to efficiently capture the relative value between Ether and Bitcoin in a single trade without slippage and will be cash-settled based on the settlement prices of the corresponding futures contracts.

Similar to inter-commodity spreads, ratio futures can help maintain price alignment between the two underlying contracts, potentially improving the bid-ask spreads for the outright contracts.

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Bitcoin and ether priceshave ralliedas thecryptocurrency market continues to recover in 2023. Bitcoinspriceincreased 81%, while Ethers pricerose 54% since the start of the year. The resiliency of the two leading cryptocurrencies by market capitalization has attracted increasedinstitutional interest for CME Groupssuite of regulated andliquidcryptocurrency products, culminating in record open interest in Q2.

2023 open interest (OI) records:

Source: CME Group View the full recap

Bitcoin futures: Institutional interest continued to rise throughout Q2 as investors sought regulated venues and products to hedge market volatility and manage exposure. Q2 2023 ADV reached 10.6K+ contracts and open interest averaged 14.3K contracts. The number of LOIHs averaged a record of 107 in Q2.

Ether futures: Over 3.1M contracts (156M equivalent ether) have traded since launch just over two years ago. LOIH averaged 62 throughout the quarter. Options on Ether futures have now traded over 10K contracts since their September 2022 launch.

*A Cryptocurrency futures large open interest holder (LOIH) is defined as any entity that holds at least 25 contracts of the respective futures.

View full version of Crypto Insights onlinehere.

Source: CME

Cryptocurrency futures and optionsADV: 38.6K contractsOpen interest: 79.2K contracts

Enjoy greater precision and versatility in managing short-term bitcoin and ether risk with the expansion of weekly options expiries across our Cryptocurrency options suite:

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The Impact of Global White-box Server Adoption on Cloud … – Fagen wasanni

August 1, 2023 | Author: admin

Exploring the Impact of Global White-box Server Adoption on Cloud Computing and Telecommunications

The global adoption of white-box servers is having a profound impact on the fields of cloud computing and telecommunications. These servers, which are unbranded and often assembled from off-the-shelf components, are increasingly being used by companies to reduce costs and increase flexibility. This trend is reshaping the landscape of the IT industry, with significant implications for both cloud computing and telecommunications.

White-box servers are gaining popularity due to their cost-effectiveness and customization capabilities. Unlike traditional servers, which are often expensive and come with pre-installed software and hardware, white-box servers allow companies to choose the components that best suit their needs. This flexibility can lead to significant cost savings, as companies can avoid paying for unnecessary features or capabilities. Moreover, the use of off-the-shelf components can further reduce costs, as these parts are typically cheaper than their branded counterparts.

The rise of white-box servers is particularly impactful in the realm of cloud computing. As more and more businesses migrate their operations to the cloud, the demand for servers is skyrocketing. White-box servers, with their cost-effectiveness and customization capabilities, are an attractive option for companies looking to expand their cloud infrastructure. By using white-box servers, companies can scale their operations more affordably and efficiently, which is crucial in the fast-paced, ever-evolving world of cloud computing.

In addition to cloud computing, the telecommunications industry is also feeling the effects of the white-box server trend. Telecommunications companies are increasingly using white-box servers to power their networks, as these servers offer the flexibility and cost-effectiveness needed to keep up with the rapid pace of technological change. For instance, white-box servers can be easily upgraded or modified to support new technologies or standards, which is a significant advantage in an industry where innovation is key.

Furthermore, the adoption of white-box servers in telecommunications is facilitating the shift towards software-defined networking (SDN) and network functions virtualization (NFV). These technologies, which aim to make networks more flexible and efficient by virtualizing network functions and decoupling them from the underlying hardware, are ideally suited to the flexible, customizable nature of white-box servers. By using white-box servers, telecommunications companies can more easily implement SDN and NFV, leading to more efficient, adaptable networks.

However, the rise of white-box servers is not without its challenges. For one, these servers typically come with less support and fewer warranties than their branded counterparts, which can be a concern for companies that rely on their servers for critical operations. Additionally, the use of off-the-shelf components can lead to compatibility issues, which can complicate the server assembly and maintenance processes.

Despite these challenges, the global adoption of white-box servers is expected to continue, driven by the ongoing demand for cost-effective, customizable server solutions in the fields of cloud computing and telecommunications. As this trend continues, it will be interesting to see how the IT industry adapts, and what new opportunities and challenges arise.

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UMD Smith Offers New January Start Date for MS in Information … – Newswise

August 1, 2023 | Author: admin

Newswise The University of Marylands Robert H. Smith School of Business is adding a January 2024 cohort start date for its Master of Science in Information Systems (MSIS). The update comes as the school designates focus areas including artificial intelligence, cloud computing and emerging technologies in this STEM-designated, in-person program.

The additional start date is ideal for candidates who apply after earning a three-year or a four-year undergraduate degree and those seeking more scheduling flexibility, says Smith Associate Dean of MS Programs Emanuel Zur.

Application deadlines for the added January start date in the 30-credit program are Sept. 1 and 29, Oct. 15 and Dec. 15. (Go to Smiths Business Masters Admissions website.)

The focus areas, Zur says, provide students with a more-specialized education within the information systems field, targeting multiple skills relevant to specific job roles.

Artificial intelligence

This focus area provides a comprehensive understanding of Artificial Intelligence tools, methods and algorithms used to create intelligent systems to solve business problems. The curriculum also will work to address AIs ethical impacts on society and is relevant to such job titles as knowledge engineer, knowledge manager and machine learning engineer. The curriculum also emphasizes crafting data strategies, building pipelines, visualizing data, and using predictive analytics in real-life business situations. This area is designed for data scientists, business intelligence developers, data analysts and data engineers.

Cloud computing

The curriculum in this focus area addresses Cloud Computing in designing and managing cloud-based platforms and tech infrastructures. Participants will study the economics of cloud deployments, manage the complexities involved in migration initiatives and experience using cloud-based technology stacks all applicable to such roles as solution engineer, cloud architect and cloud engineer.

Emerging technologies

The Emerging Technologies focus area addresses the understanding, evaluating and applying key information systems technologies. Students will practice applying Web3, Blockchain, IoT and other technologies to everyday work in roles like solution architect, technology consultant and solutions engineer.

These focus areas, combined with experiential learning courses, case competitions and industry simulations, ensure that students have the skills and capacity to lead, manage, design and implement solutions to complex business problems using contemporary information technologies, says MSIS Academic Director and Clinical Professor Tej Anand. The updated curriculum increases the challenge and reward for students to think critically about solutions required for our rapidly changing business and technology environment.

Anand directs the program with decades of industry experience, including in AI and data research and product development for the likes of Philips Research Laboratories, A. C. Nielsen and NCR/Teradata and as a senior business-technology executive in companies such as Golden Books, CA Technologies. Medco Health Solutions and CareCentrix.

Anand exemplifies the MSIS programs top-tier research- and industry-active faculty, who collaborate with the schools MSIS Advisory Council of industry leaders and experts to bring experiential learning and insight and expand internship and job opportunities for the students, says Smith Dean Prabhudev Konana. This works to ensure that its not only about developing trade skills through a stellar curriculum, but its also about developing independent thinkers with deep skills relevant for immediate needs of business and developing the students for long term success.

Related, online information sessions are scheduled for 8:30-9:30 a.m. on Tuesday, August 8, 16 and 25. To register for these free sessions and for complete MSIS program information, go to the Master of Science in Information Systems website.

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Kiyosaki and Novogratz agree: Bitcoin, gold, and silver are the … – Kitco NEWS

August 1, 2023 | Author: admin

(Kitco News) - Robert Kiyosaki, author of Rich Dad Poor Dad, pushed back against a report from the Wall Street Journal that said the U.S. economy is strong, saying that the main reason the stock market is up is due to the recent increase in the debt ceiling.

WSJ claims [the] economy is strong, Kiyosaki tweeted on Sunday. Dont they know the stock market is up because Biden raised debt ceiling[?] America's debt is going upso [the] stock market going up. Numb nuts. America is broke.

This led Kiyosaki to reiterate his opinion on the best place for people to hold their wealth. Still prefer gold silver Bitcoin, he said.

Aside from the state of the U.S. economy, Kiyosaki also sees this as an opportune time to decrease exposure to the U.S. dollar ahead of the rumored launch of a gold-backed currency by the BRICS nations.

August 22, 2023, approximately 41 nations, possibly even France, gang up in South Africa to de Dollarize the world, Kiyosaki tweeted on Wednesday. Proposal: BRICS nations will launch bric their money. 1 bric = 1 oz of gold=$3,000. Bye bye USA.

The best-selling author previously voiced his concerns about the launch of a BRICS currency, saying the USD would die, and trillions of [dollars] will rush home to the U.S., sending inflation through the roof.

This outlook led him to say that Bitcoin (BTC) would hit a price of $120,000 by the end of 2024 and $500,000 by the end of 2025.

And it's not just Kiyosaki that is pitching the advantages of Bitcoin, gold, and silver, as Galaxy Digital CEO Mike Novogratz recently told Bloomberg News these assets should be a focus for younger investors with higher risk tolerance and money to invest.

If they were young and had a high-risk tolerance, Id be buying Alibaba stock, Novogratz said. Id be buying silver, gold, Bitcoin, and Ethereum. Thatd be my portfolio.

The reference to Alibaba stock came in response to a line of questioning related to artificial intelligence and ways that investors could capitalize on the hype surrounding the industry.

For investors with lower risk tolerance, Novogratz said they should put 30% in a portfolio comprised of the riskier assets he named and 70% in bonds and products like an index fund.

Novogratz has been a longtime Bitcoin and cryptocurrency proponent, but his bullishness on the asset class increased even more after BlackRock, the worlds biggest asset manager, filed an application for a spot BTC exchange-traded fund (ETF).

The most important thing that happened this year in Bitcoin is Larry Fink, Novogratz said during an interview with Bloomberg Wealth, referring to the CEO of BlackRock. He got orange-pilled, as we say. Orange pill is when you take a nonbeliever and you make them a believer in Bitcoin. Larry was a nonbeliever. Now he says, Hey, this is going to be a global currency. People around the world all trust it.

Novogratz added that Finks shift in attitude is part of an adoption cycle that could help Bitcoin surpass its all-time high of nearly $69,000, especially if the Federal Reserve pivots towards cutting rates, as many analysts are anticipating.

He also said the recent ruling in the Securities and Exchange Commissions case against Ripple Labs represented a huge victory for the crypto industry because it proves that the rules are nothing close to clear.

In March, as multiple bank failures raised the prospect of a widespread banking crisis, Novogratz said, This is cryptos moment. Crypto was, in lots of ways, created for this point, right? Satoshi Nakamoto way back in 2009 worried about the breakdown of the legacy financial system. He worried about populism infecting our politics and a constant printing of fiat currencies and a debasement of money, and created Bitcoin.

He also noted other macro factors that are pushing hedge funds around the world to take a closer look at gold and Bitcoin.

This war between China and the U.S. with Russia as a proxy is going to push the gold narrative, and the digital version of that is Bitcoin, and so I think from a macro investor perspective, its very clear, Novogratz said.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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Bitcoin Could be Adopted by Billions of People as White House … – Crypto News Flash

August 1, 2023 | Author: admin

Adoption of Bitcoin and gold can increase significantly as the White House makes clear what its stance is on U.S. partners partnering with the organization.

The BRICS is seeing an influx of new members, as new countries collectively work towards de-dollarization. However, its been unclear where the U.S. government stands, regarding its partners engaging with the BRICS.

The White House has now confirmed that its U.S. partners are not restricted from working with the BRICS. In fact, partners can seek BRICS membership.

In a press briefing held on Monday, the White House press secretary Karine Jean-Pierre was quizzed about the Houses stance on seeking BRICS membership in

Algeria and Egypt, which are two partners of the U.S. have applied to join BRICS and represents kind of a non-alignment force that stands against, kind of, Western hegemony. So how do you feel about this development? Do you welcome this? A spokesperson asked.

In response, Jean-Pierre explained that countries have to take the lead and speak up about their diplomatic engagement. The White House rep secretary also added that its goal is to lead with an affirmative agenda that focuses on demonstrating the benefits of its governance and economic models.

U.S. policy does not ask our partners to choose between the United States and other countries. We have repeatedly emphasized that the U.S. does not want to limit countries partnership with other countries. But we want countries to have choices on how to deliver results to their citizens as well. Karine Jean-Pierre added.

With the U.S. employing less strict rules, and more countries looking to join the BRICS, more alternative currencies might be gaining traction and recording an increase in adoption in the long-term. The likes of Bitcoin and gold are also primed to become key beneficiaries of this change.

As Robert Kiyosaki, the Rich Dad, Poor Dad author, and crypto proponent explained, 41 nations will be attending the upcoming BRICS Summit, scheduled to take place on the 22nd of August.

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At the Summit, Kiyosaki stated that the BRICS could launch its own currency. The introduction of the new currency could threaten the stability of the U.S dollar, Kiyosaki asserted.

The new currency could also be tied to the precious metal gold and this could help to boost the value of the asset. Similarly, Bitcoin could also benefit from this, as a surge in golds value could result in institutional investors seeking out Bitcoin as an alternative store of value.

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Global Application Transformation: Unlocking the Potential of Cloud … – Fagen wasanni

August 1, 2023 | Author: admin

Exploring the Power of Cloud and Edge Computing in Telecommunications: A Deep Dive into Global Application Transformation

The global application transformation in telecommunications is a rapidly evolving landscape, driven by the power of cloud and edge computing. This transformation is unlocking unprecedented potential, enabling telecom companies to deliver innovative services, enhance operational efficiency, and create new revenue streams.

Cloud computing, with its on-demand availability of computer system resources, especially data storage and computing power, is revolutionizing the telecommunications industry. It offers telecom companies the ability to store vast amounts of data and run applications on shared systems, reducing the need for physical infrastructure and lowering operational costs. Moreover, cloud computing provides the flexibility to scale resources up or down as per the demand, ensuring optimal utilization and efficiency.

In addition to cloud computing, edge computing is also playing a pivotal role in the global application transformation in telecommunications. Edge computing refers to the practice of processing data near the edge of the network, where the data is generated, rather than in a centralized data-processing warehouse. This approach reduces latency, improves speed, and enhances the user experience, particularly in applications that require real-time data processing.

The integration of cloud and edge computing in telecommunications is creating a paradigm shift. It is enabling telecom companies to move away from a hardware-centric model to a more software-focused approach. This shift is not only reducing capital expenditure but also enabling faster deployment of new services.

One of the key benefits of this transformation is the ability to deliver personalized services. With cloud and edge computing, telecom companies can analyze customer data in real-time, understand individual preferences, and deliver customized services. This capability is enhancing customer satisfaction and loyalty, leading to increased revenue.

Furthermore, the combination of cloud and edge computing is facilitating the deployment of advanced technologies such as artificial intelligence (AI) and machine learning (ML) in telecommunications. These technologies are helping telecom companies to automate processes, predict network issues, and enhance decision-making.

However, the global application transformation in telecommunications is not without challenges. Data security and privacy are major concerns, given the sensitive nature of the data handled by telecom companies. Ensuring compliance with various regulatory standards is another challenge. Telecom companies need to invest in robust security measures and adopt best practices to mitigate these risks.

Despite these challenges, the benefits of cloud and edge computing in telecommunications are undeniable. They are driving the global application transformation, enabling telecom companies to stay competitive in a rapidly evolving market.

In conclusion, the global application transformation, powered by cloud and edge computing, is reshaping the telecommunications industry. It is unlocking new opportunities, enhancing operational efficiency, and paving the way for innovative services. As telecom companies continue to navigate this transformation, they need to address the associated challenges and leverage the potential of these technologies to stay ahead in the digital race. The future of telecommunications lies in harnessing the power of cloud and edge computing, and the journey has just begun.

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Bitcoin Takes a Backseat, Ethereum and XRP Dominate July’s Crypto Market: Report – CoinGape

August 1, 2023 | Author: admin

July has been a rollercoaster month for the crypto market with Ethereum and Bitcoin witnessing a drop in their market prices, whereas Ripples XRP surged, following a victorious outcome in the SEC lawsuit. Despite Bitcoins price declining by 5.5% and Ethereums by 4.7%, Ethereum has shown resilience, gaining 4.9% against Bitcoin over the past month, according to the Santiment report.

Ethereums utility numbers by the end of July were reminiscent of those in May when its price dominance against Bitcoin was more significant. This could be an indicator of Ethereums robust network utility playing a part in its market resilience.

Santiment report also revealed that in contrast, Ripples XRP emerged as one of the biggest winners of the month, posting 42% return. The positive performance was largely attributed to the landmark ruling in the SEC lawsuit, which established that XRP is not a security. This unexpected verdict sparked significant buying activity, elevating XRP even as other crypto assets witnessed declining market caps. Other digital assets that saw gains in July included Stellar, Maker, and XinFin.

On the negative side, Santiments statistics showed a worrisomely low amount of whale transactions, implying that important stakeholders are not interested in purchasing the dip. The market capitalization of Bitcoin has been steadily falling and is currently hovering around the $29k price point. Even though the price of Bitcoin has dropped below $30k, large investors have exhibited reluctance, possibly indicating doubt about the near-term prospects of the market.

Also Read: Top DeFi Tokens Crash Following Curve Event, Will the Domino Spread Further?

The general mood of the cryptocurrency market has changed from greed to neutral. The most popular cryptocurrency in the world, Bitcoin, is currently trading at much more constrained level of $29,500 after reaching $31,000 on July 4, 2023. The U.S. Federal Reserve increased its benchmark lending rate by 25 basis points to a range between 5.25% and 5.50%, as the market had anticipated, which helped to support Bitcoin a little bit.

Also Read: Will XRP Price Gains Come Undone As Federal Court Rejects Ripple Ruling?

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Bitcoin, Ethereum Face Mass Exodus Will XRP And Dogecoin Follow Suit? – Benzinga

August 1, 2023 | Author: admin

July 31, 2023 1:28 PM | 2 min read

A new study has unveiled the cryptocurrencies that Americans are most interested in selling Bitcoin (CRYPTO: BTC) and Ethereum(CRYPTO: ETH) leading the pack.

What Happened: The research, conducted by crypto-gambling experts at Cryptogambling.tv, utilized Google Trends data to identify the cryptocurrencies that U.S. residents are most eager to sell.

The study considered the 24 largest cryptocurrencies by market cap and calculated an average weekly search volume for the interest in selling each cryptocurrency.

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The highest number of searches for 'sell bitcoin' occurred at the end of July, both in the U.S. and globally.

The primary reason for wanting to sell Bitcoin is the current financial and economic strain many countries are experiencing, leading people to cash out and minimize their losses.

Last year, the price of Bitcoin fell below $16,000, a significant drop, and with Bitcoins value being purely speculative, it can be a tough call for those unsure whether to hold or sell.

The highest number of searches for 'sell Ethereum' occurred in September worldwide.

Despite Ethereum owning approximately 20% of the global crypto market and being considered one of the safest long-term coins, its current price of $1,458 and the upcoming shift from Proof of Work (PoW) to Proof of Stake (PoS) may reduce its supply, prompting some to sell.

Also Read:Store Your Vintage Cars And Fine Art On A Blockchain With Americana's New Service

"The cryptocurrency market is forever fluctuating, and with the increase in economic stress worldwide, it can be an uncertain and nerve-racking time for those hoping to make sound investments in the crypto world," a Cryptogambling.tv spokesperson said. "This study offers an interesting insight into which crypto coins Americans currently want to sell, with Bitcoin being the most popular to sell."

Read Next:BRICS Emerges As New Global Powerhouse, US Dollar Faces Uncertain Future

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Human Rights Foundation Backs Bug Bounty With Bitcoin – Decrypt

August 1, 2023 | Author: admin

Make Bitcoin better for activists and claim part of a 20 Bitcoin rewardworth over half a million dollarsoffered by the Human Rights Foundation (HRF).

The foundation officially launched a bug bounty challenge to support open-source development on the Bitcoin protocol, centered around ten improvements to the Bitcoin user experience (UX) and mainly aimed at mobile wallets.

These bounties come from conversations with global activists, Alex Gladstein, Chief Strategy Officer for HRF told Decrypt. They are features that many would like to see come to Bitcoin.

Each bounty is worth 2 BTC (nearly $60,000 according to CoinGecko), and is aimed at a specific problem that Bitcoin faces today, with six aimed at improving mobile wallets.

One bug bounty challenge looks at open-source design components for Bitcoin projects, which currently rely heavily on proprietary design software called Figma. The goal is to provide developers free access to a Bitcoin User Interface (UI) guide.

Another challenge looks to help expand and bolster development of Nostr, an open source and censorship resistant social network backed by Jack Dorsey that has garnered substantial notoriety in the past few monthsespecially among the more technical crypto crowd.

The bounties aimed at Bitcoin wallets include the ability to generate and memorize seed phrases when crossing bordersa common practice the HRF wants to support around the world.

The 20 Bitcoin that are financially incentivizing these bounties come from the HRFs Bitcoin Development Fund, a branch of the Foundation that looks to help expand financial freedom for dissidents and human rights activists everywhere.

HRF views Bitcoin and financial freedom as one aspect of the human rights struggle, Gladstein told Decrypt. The fact is human rights defenders are persistently attacked through their bank accounts... Bitcoin allows them to keep going.

At the time of writing, none of the ten bounties have been claimed, although they will run through this year and up to the end of 2024.

The bounties are a bit of an experiment, Gladstein concluded. if they go well, maybe other organizations can do the same.

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