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ChatGPT is a conversational AI model that uses a machine learning framework to communicate and generate intuitive responses to human inputs. The chatbot was launched by OpenAI in November 2022. It is based on the foundations of the GPT-3.5 architecture. At its core, ChatGPT uses deep learning techniques, specifically transformer neural networks, to process text and generate text prompts based on the patterns it learns from training data.

ChatGPT is trained on large volumes of text, including books, articles, and web pages. The training helps the language model generate accurate responses on diverse topics, from science and technology to sports and politics. The bot can also generate creative writing pieces such as poetry and fictional stories.

Users can use ChatGPT through a messaging app or a web-based chatbot. The user just needs to type a query on the chat interface and wait for the chatbot to respond. The neural language model uses a combination of pattern recognition, statistical analysis, and contextual understanding to generate human-like responses.

ChatGPT is known for its ability to learn and adapt to user feedback. For instance, when users interact with the chatbot, they can rate the quality of the interaction. This rating is then used by the language model to refine itself and improve its performance over time.

ChatGPT is on the verge of revolutionizing the way machines interact with humans. However, on the flip side, some serious concerns are doing the rounds over the potential misuse of ChatGPT. It can lead to spreading misinformation or even creating content that is convincing enough but still fake. OpenAI has already implemented measures to limit such possibilities. For instance, human moderators have been put in place to review potentially sensitive content.

While ChatGPT is designed to be ethical and responsible in its interactions, considerations around data privacy, bias, and accountability persist with the AI model. Although the model may not generate intentionally harmful or offensive responses and try to maintain a neutral tone in its language, it is still important to use this program responsibly, keeping ethical considerations in mind.

Although ChatGPT is still a work-in-progress model, its popularity has only increased over time. According to a February 2023 report by SimilarWeb, the ChatGPT website had 619 million visits since its launch last November. As per the data, the website experiences 25 million visits daily. Such high traffic on the site is the prime reason the AI tool is often unavailable and, in some cases, even generates incorrect responses.

ChatGPT uses a transformer-based neural network architecture to generate consistent and contextually relevant responses, first introduced in a research paper titled, Transformer: A Novel Neural Network Architecture for Language Understanding, by Google AI in August 2017.

The model is typically trained on large amounts of text that allows the bot to learn the statistical patterns of language, such as grammar, syntax, and semantics, which are generally used by humans while communicating. As a result, the model can accurately predict the probable sequence of words that would follow a user input.

When the user interacts over the chat interface, text input is initially tokenized into a series of numerical vectors that the model can interpret. These vectors are then processed via multiple layers of neurons to generate a probability distribution function, which determines the next set of possible words. The word with the highest probability is chosen and used as the starting point to generate the next word. This process continues until a complete response is generated.

Additionally, special techniques such as attention mechanisms are employed to make responses more coherent and relevant to the context of the conversation. For instance, the multi-head attention method allows the model to focus on specific parts of the input sequence and fine-tune the models parameters to generate meaningful and accurate responses.

See More: What Is Cortana? Definition, Working, Features, and Challenges

ChatGPT presents several key characteristics that make it far better than traditional chatbots and other AI models. Lets understand some prominent features of ChatGPT that make it unique.

ChaGPT uses natural language processing (NLP) effectively to allow the model to understand the everyday language of humans rather than limiting itself to specific commands or keywords. The chatbot also recognizes language nuances such as sarcasm, ironic remarks, puns, and cultural references, which allows it to generate appropriate responses. Moreover, the tool uses deep learning algorithms to learn complex patterns and relationships in language data to generate more sophisticated responses in a nuanced way.

ChatGPT is trained on text databases from the internet, which is around 570 GB of data. With the chatbot being exposed to such an enormous amount of data, it naturally boasts a large vocabulary. This implies that the bot is capable of not just recognizing commonly used words, terms, and phrases but is also advanced enough to interpret uncommon and technical words.

The AI tool is designed to grasp the context of a conversation, use that information to learn the pattern, and then generate subsequent responses that are more relevant. This simply means that ChatGPT considers previous messages, sentences, and even entire conversations in user interaction and then adjusts its responses.

ChatGPT is a versatile tool having multilingual capabilities. Since the model is trained on text data from multiple languages, it can generate responses in various languages, including English, French, German, and Spanish, among others. Thus, the language barrier problem has already been taken care of by ChatGPT.

ChatGPT is proficient enough to generate coherent responses. However, it also has the ability to use natural language creatively. For example, ChatGPT can write poems, jokes, puns, film stories, song lyrics, and so on for its users.

ChatGPT learns, adapts, and improves over time. As the tool receives feedback on its responses, it optimizes and adjusts its language generation algorithm to generate responses that align with users feedback.

See More: Top 10 Python Machine Learning Libraries in 2022

ChatGPT has several potential uses across industries. According to the 2021 State of Conversational Marketing study by Drift, about 74% of B2B professionals said their companies intend to incorporate conversational AI tools to streamline business operations.

Lets look at some of the key areas where ChatGPT can be used at its optimum.

ChatGPT can be effectively used by the customer service departments of all businesses and organizations. The tool can interact with customers in a natural language and provide personalized responses to their queries, help resolve issues, and, in turn, improve overall customer satisfaction. Moreover, ChatGPT can also be used to automate responses to frequently asked questions. It not only reduces the workload of customer service representatives but also allows them to focus on other, more complex tasks.

ChatGPT can function as a virtual personal assistant that helps users manage their daily routines. For instance, users can direct ChatGPT to set alarms, set reminders, or make appointments. Additionally, it can be used to accomplish other complicated tasks such as managing finances, booking local hotels, or making travel arrangements.

ChatGPT can be used by the student fraternity to receive personalized tutoring assistance. While ChatGPT interacts with students in a natural language, it can learn from these conversations and explain complex concepts in simple words. In the educational setup, the ChatGPT model can also be employed to provide research assistance, generate writing prompts, and answer questions about specific topics.

Apart from the creative applications discussed earlier, ChatGPT is suited to create content for marketing and advertising purposes. For example, it can be used to generate product/service taglines, product descriptions, or social media posts. For the SEO industry, ChatGPT can assist with creating SEO-friendly content that attracts more traffic.

ChatGPT can be helpful when giving personalized treatment plans to remote patients. In the era of telemedicine, ChaGPT could interact with faraway patients in a natural language and prescribe drugs in real-time. Moreover, the model can provide quick and reliable support to clinicians as the tool can suggest treatment options for a certain patient condition, flag dangerous drugs, and offer guidelines to handle complex medical cases.

The tool can also help in record keeping. As a result, it can generate automated summaries of patient interactions and associated medical histories. ChatGPT can further be used for several other medical applications, such as providing drug information, medical education, mental health support, medical writing and documentation, etc.

ChatGPT can act as a key instrument in generating new ideas and insights in R&D initiatives. Through innovative writing and responding to open-ended questions, ChatGPT can assist researchers in devising new approaches and ideas to address a particular problem. It can assist in data analysis, predictive modeling, and offering key insights into trends and patterns observable in large datasets.

ChatGPT is an effective AI tool that can analyze users posts and interactions on social media. It can then generate responses to posts and messages tailored to each users interests and preferences. ChatGPT is also useful for social media marketing, wherein content optimized for engagement and shareability is created through posts or tweets. It can be further used to create online campaigns, generate captions, promote products, and much more.

See More: What Is Machine Learning? Definition, Types, Applications, and Trends for 2022

While ChatGPT continues to amaze the entire world, several ChatGPT alternatives that are custom-built for specific tasks have come to light. For example, ChatSonic, YouChat, Character AI, and Google Bard are some of the well-known competitors of ChatGPT.

Lets look at these top alternatives to ChatGPT and understand their key features.

ChatSonic, a pre-trained dialog-centric model designed by Writesonic, can deliver real-time data, perform voice and image searches, and make multi-turn conversations. The chatbot is trained on data from the internet, which includes corpus used by ChatGPT, Googles Knowledge Graph, and text-to-image AI Stable Diffusion. The knowledge graph provides real-time factual information on a topic and a text-to-image module for digital artwork generation.

The model delivers hyper-relevant, factual, and up-to-date content on integration with Google. This advanced AI bot can create blogs, long-form articles, and Facebook ads and also tends to remember user conversations for a long time.

ChatSonic reveals a unique persona mode where you choose a persona to interact with. By selecting any one persona, you can align your AI chat experience based on your needs. Overall, it has 16 personas to choose from, such as dentist, interviewer, personal trainer, and so on.

Another emerging ChatGPT alternative is Googles Bard, powered by Googles Language Model for Dialog Applications (LaMDA). LaMDA has been trained in over 1.56 trillion words that are captured from datasets consisting of public dialogue and internet content. It has 137 billion parameters and advanced NLP features optimized on three metrics: quality, safety, and groundedness.

This AI tool is well-suited to respond to follow-up questions. It is still in the testing phase; however, Google plans to open it up to trusted testers in the latter part of 2023.

Microsoft has invested around $10 billion in OpenAI, the maker of ChatGPT. In February 2023, Microsoft launched its AI-powered Bing search engine that performs better searches, produces more complete answers, gives users a new chat experience, and subsequently generates content at higher speeds.

The Microsoft Bing AI system is trained on various large-scale datasets that include web pages, images, and user interactions with the Bing search engine. Additionally, Bing AI utilizes Microsofts own data resources, such as the Microsoft Academic Graph and Bings Knowledge and Action Graph, to enhance its understanding of language and search queries.

Microsoft plans to integrate the new tool with the Edge browser to provide a search, browsing, and chat experience on one platform. The firm has confirmed that it has updated the Edge browser with AI capabilities that include chat and compose features. With the compose option, the Edge browser can compose content such as a LinkedIn post.

Chinchilla is Deepminds AI-powered chatbot that is said to outperform ChatGPT. The bot uses a transformer-based model similar to the one used in ChatGPT. It generates conversational text responses and can easily integrate with existing applications by adding just a few lines of code.

The chatbot is trained on text datasets known as MassiveText (collection of web pages, books, news articles, and code) and a web scrape portion called MassiveWeb. While Chinchilla isnt available to the public yet, it can be used for various applications, such as

Amazons CodeWhisperer is an ML-powered tool designed to help the developer community identify, understand, and debug code faults. It is trained on billions of lines of code picked up from open-source projects, internal code repositories, and other sources. The tool relies on NLP and machine learning algorithms to review code and identify patterns and errors in it.

CodeWhisperer gives an in-depth analysis of developer code. The tool integrates bugs with its performance values and also attaches advice to fix such bugs. As a result, the time and efforts required to respond to bugs or issues are reduced to a minimum. CodeWhisperer is typically useful for developers as it offers easy integration with other development tools such as GitHub. The ML tool is still being tested; however, it is available free of charge to developers.

See More: Top 10 Speech Recognition Software and Platforms in 2022

ChatGPT has the potential to transform the tech sector and business landscape. With the ability to self-improve, stay creative, automate routine tasks, and offer data analysis in real time, this language model can change how we channel business workflows. While several challenges need to be overcome before the full-fledged version of ChatGPT comes along, its benefits outweigh the cons it presents.

It is worth noting that the future impact of ChatGPT will depend on how effectively organizations adopt this technology and integrate it with their day-to-day workflows. However, it is now safe to say that this AI-based tool will play a defining role in shaping the future of businesses and the tech sector.

How does ChatGPT assist you in your day-to-day life? Comment below or let us know on FacebookOpens a new window , TwitterOpens a new window , or LinkedInOpens a new window . Wed love to hear from you!

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ChatGPT Characteristics, Uses, and Alternatives | Spiceworks - Spiceworks News and Insights

Tom Hanks says AI could see him featuring in movies long after his death – CBS News

May 17, 2023 | Author: admin

(CNN) Actor Tom Hanks believes that he could keep appearing in new movies after he dies thanks to the power of artificial intelligence (AI).

"What is a bona fide possibility right now, if I wanted to, [is] I could get together and pitch a series of seven movies that would star me in them in which I would be 32 years old from now until kingdom come," Hanks told the latest episode of "The Adam Buxton Podcast," released Saturday.

"Anybody can now recreate themselves at any age they are by way of AI or deep fake technology I could be hit by a bus tomorrow and that's it, but my performances can go on and on and on," the Oscar-winning actor added.

"Outside of the understanding that it's been done by AI or deep fake, there'll be nothing to tell you that it's not me and me alone and it's going to have some degree of lifelike quality."

Buxton then suggested that people would be able to tell the difference between AI Hanks and the real version.

While Hanks acknowledged that an AI version of himself would not be able to produce the same performances as he does now, he wondered whether audiences would really mind.

"Without a doubt people will be able to tell, but the question is, will they care?" he said. "There are some people that won't care, that won't make that delineation."

The task of creating an AI Hanks would be made easier as his likeness and movements were recorded for use in the 2004 movie "The Polar Express," he said.

"This has always been lingering," said Hanks. "The first time we did a movie that had a huge amount of our own data locked in a computer literally what we looked like was a movie called 'The Polar Express.'"

"We saw this coming, we saw that there was going to be this ability in order to take zeros and ones inside a computer and turn it into a face and a character. Now, that has only grown a billionfold since then and we see it everywhere."

Hanks also said that the developments in AI are encouraging movie agents to write contracts to protect actors' likenesses as intellectual property.

"I can tell you that there [are] discussions going on in all of the guilds, all of the agencies, and all of the legal firms in order to come up with the legal ramifications of my face and my voice and everybody else's being our intellectual property," he said.

Hanks is currently promoting his debut novel "The Making of Another Major Motion Picture Masterpiece."

According to the official synopsis, the book is based on "a wildly ambitious story of the making of a colossal, star-studded, multimillion-dollar superhero action film, and the humble comic book that inspired it all."

Some of the initial reviews of the book have been mixed, but Hanks is taking the criticism in his stride.

In an interview with the BBC, he explained why he took on the project. "Sometimes you just have to have some other reason to spark your imagination," he said, adding that his novel will "live and die based on its own ability to entertain and enlighten an audience."

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Tom Hanks says AI could see him featuring in movies long after his death - CBS News

Coinbase and Binance Release $SPONGE Information: Is … – Washington City Paper

May 17, 2023 | Author: admin

SpongeBob Token ($SPONGE) is the newest meme coin thats creating a buzz in the crypto world, just like Pepecoin (PEPE) did recently. People are really excited about it because it has a cute and fun mascot, which makes it stand out from the more serious cryptos out there.

Investors and meme enthusiasts are all keeping a close eye on $SPONGE, as its expected to be listed on major exchanges like Coinbase and Binance soon. In fact, these exchanges have even published articles about how to buy $SPONGE, which is a good sign that itll be listed. There is a lot of excitement surrounding all of this!

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SpongeBob token ($SPONGE), inspired by the ever-popular TV show SpongeBob Squarepants is the latest sensation taking the crypto world by storm, and its gaining momentum by the day. And you know its got to be good if its already caught the attention of the crypto market tracker, CoinMarketCap.

Despite a slight dip in value recently, $SPONGE is still one of the hottest projects on DexTools, giving Pepecoin a run for its money! People are going crazy for this token, with over $100 million worth already exchanged. Plus, its market cap has surged from just $3 million on May 4th to over $40 million, making it an impressive and exciting investment opportunity.

SPONGE launched on the Uniswap exchange on May 4th without a presale, and it was an instant hit, with its value skyrocketing over 30 times at its peak. Although it faced some market fluctuations recently, this token is still creating a buzz and gaining popularity among crypto enthusiasts.

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The market crash has affected many meme coins, including $PEPE (down 29%), $TURBO (down 56%), and $POOH (down 35%). Even the popular $SPONGE token has seen a 36% dip in the last 24 hours. But dont worry, this drop in value isnt due to a lack of interest in $SPONGE its because of some Bitcoin withdrawal problems at Binance.

The good news is that Binance has resumed its withdrawals, and this could cause the value of $SPONGE to rise again. Its still in high demand, with a trading volume of over $100 million.

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And heres more good news $SPONGE has been listed on three exchanges, including LBank, CoinW, and Toobit, with more listings potentially on the way. The Poloniex listing and MEXC announcement could also work in favor of $SPONGE, potentially serving as a bullish catalyst for the token.

For traders who missed out on the initial surge, the current dip could be a perfect opportunity to buy in and benefit from the explosive price action of this exciting token. Even those who bought at the all-time high of $0.0024 can average down their position cost.

Since its launch, $SPONGE has already delivered an impressive total return of 1,150%. At its recent all-time high, it represented a gain of 3,300% from its listing price.

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The $SPONGE token has not only seen a rapid rise in trading, but it has also gained an active online community. With over 8,500 token holders, many of whom are committed to the project long-term, the largest wallet holding $SPONGE owns 29% of the supply and is vested for two years.

The team behind $SPONGE has established a Telegram group with over 17,000 followers and a Twitter account with more than 27,000 followers. Even influencer Matt Wallace, who has nearly one million followers and is a friend of Elon Musk, is following $SPONGE.

The Spongebob official Twitter account has also taken notice of $SPONGE, and it has even caught the attention of crypto news site BlockBeats in China.

To further grow its community, the $SPONGE team is holding a meme contest with 50 prizes, each worth $100 in $SPONGE, for the best Spongebob Squarepants memes shared by users. Additionally, the team is planning an airdrop to reward early investors.

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With its growing online community and increasing trading volume, the anticipation is building for $SPONGE to be listed on major exchanges like Binance and Coinbase.

As meme coin Pepe has already made the leap to these top exchanges, theres a good chance that $SPONGE could soon follow suit. Imagine the potential impact of such a listing! It could be the turning point for $SPONGE, leading to a surge in value and reversing the recent downtrend.

While theres no official word yet on when $SPONGE might get listed, the fact that it has already caught the attention of these exchanges is a promising sign. And if youre eager to get your hands on some $SPONGE, you can already buy it using Coinbase Wallet.

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$SPONGE is a unique and promising meme token that has already achieved remarkable success in the crypto market. With its impressive market cap, high liquidity, and substantial trading volume, $SPONGE stands out as a top investment option for those looking to make significant profits. Dont miss out on this exciting opportunity to get in on the action and potentially reap great rewards. Invest in $SPONGE today and join the ranks of savvy investors who have already recognized its potential.

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Coinbase and Binance Release $SPONGE Information: Is ... - Washington City Paper

Exchange Updates – Bakkt Token Delisting, Binance Withdrawal … – Securities.io

May 17, 2023 | Author: admin

Market regulators and commissioned authorities with oversight over digital assets worldwide have taken to combative approaches to keep the fast-growing industry in check in recent months. In some jurisdictions like Canada and the US, the unrelenting enforcement stance adopted by domestic regulators has yielded a hostile environment, compelling some crypto companies to reconsider their operations. The US Securities and Exchange Commission (SEC) and its equivalent in the north, the Canadian Securities Administrators (CAS), have mainly come down hard on centralized exchanges and their offerings.

This week, Binance became the latest exchange to announce its exit from Canada, chalking the decision to a challenging regulatory environment. In other news, Coinbase cooled rumors of relocating from the US whilst sharing details of its plans to expand its exchange business to Europe and Asia. Here are the details and other exchange headlines you missed this week.

Georgia-based digital assets management platform Bakkt conveyed in a Friday statement that it has embarked on the mass delisting of tokens as part of its pivoting from retail services to a business-to-business-to-consumer (B2B2C) model. Bakkt is partly owned by the Intercontinental Exchange and recently completed the acquisition of Apex Crypto for a combined value of $200 million accounting for the package involving Bakkt stock. Takeover talks began last November, but the deal was completed in April.

Apex Crypto's clearing and custody platform supported trading 36 tokens, 25 of which were highlighted for delisting. The decision affects several layer one and layer two native tokens, including Avalanche (AVAX), Fantom (FTM), and Stellar (XLM). The list also featured DeFi tokens like Aave (AAVE), Uniswap (UNI), Curve (CRV), Maker DAO (MKR), and SushiSwap (SUSHI). Blockchain gaming and non-fungible (NFT) ecosystem tokens like ApeCoin (APE) and Enjin Coin (ENJ) will also be expunged.

In its quarterly financial and operations update released on May 11, Bakkt revealed it secured a broker-dealer license from Bumped Financial. The Intercontinental Exchange-owned platform posted revenue of $13 million across the three months, up from 12.5 in Q1 2022 but still below analyst estimates. The mass token delisting move comes less than two months since Bakkt wound down its retail-focused cryptocurrency app in March, citing a lean and less opportunistic climate.

Elsewhere this week, Binance, the world's largest crypto exchange, shared in a Friday tweet plans to close shop in Canada, citing the country's adverse regulatory climate. The May 12 communication faulted the new guidance on stablecoins and other restrictive business obligations that have made the environment hostile for business. The exchange noted that it sought alternative ways to keep the operations afloat but was ultimately left with no choice but to withdraw.

Binance's tweet nonetheless conveyed that the exit is non-permanent, with the exchange leaving a door open to return to the market. The exchange welcomed further discussions with Canadian regulators on developing a thoughtful, comprehensive regulatory framework that could lead to an understanding. Binance has a history of clashing with regulators in various jurisdictions, including the US and Canada. In June 2021, Binance announced it would exit the province of Ontario after the Ontario Securities Commission started closing in on offshore companies that didn't comply with the province's securities laws. Markedly, Binance joins a list of other exchanges that have pulled out of the market since the domestic securities regulator introduced guidance that mandates crypto companies to submit pre-registration filings.

The requirements, published in February, pertain to business registration, crypto asset custody and service (offerings) provision to any Canadian client. On the latter, the Canadian securities administrators outlawed the issuance, sale and deposit of stablecoins on digital asset trading platforms operating in the country without the CSAs prior approval. In mid-April, derivatives exchange dYdX and digital asset firm Paxos separately announced their exits. In March, crypto and derivatives exchange OKX notified its Canadian users to complete withdrawals of funds and close their trading positions by June 22 before it halts operations. Bittrex Global, too, discontinued access to its platform by Canadian users in July last year for a similar reason.

The regulatory picture, at least in the case of Binance, is no different in the US, where Binance.US, the entity serving US-based customers, has come under scrutiny owing to its association with its founder and the international platform. Reports surfacing on Thursday indicated that Binance founder Changpeng Zhao has been trying to back out of his majority stake a decision that counterpart executives in the US endorsed. The leadership of the California-headquartered arm believes that restructuring will help earn a better reputation that could ultimately help gain favor in the eyes of US authorities. Zhao, who has been attempting to offload part of his ownership stake since last summer, was named in a complaint filed by Commodity Futures Trading Commission in March.

The lawsuit targeting the US subsidiary alleges unethical business practices, among other infringements. The commission noted that the exchange and its executives disregarded registration requirements and compliance obligations under US federal law. The derivatives market watchdog also accused Binance.US and the named persons of leveraging crucial business connections and structuring entities to unfair advantage. Binance.US, like Coinbase, has shown dissatisfaction with the US regulatory landscape.

The New York State Department of Financial Services (NYDFS) ordered Paxos to stop minting BinanceUSD tokens in February. In March, Binance.US suspended BUSD services and communicated in a Mar 31 notice that it had paused select One Common Billing System (OCBS) services associated with the stablecoin pairs. All BUSD activities were put on hold, including deposits and withdrawals, buying, selling, and converting crypto options. Specific USD deposit services, including Apple Pay and Google Pay deposits, wire deposits and withdrawals, and debit card deposits, saw disruptions as the exchange transitioned to its new banking and payment service providers.

Peer-to-peer Bitcoin marketplace Paxful had been around for nearly a decade when it shut down in April this year, blaming a regulatory cloud hanging over its head. In addition to essential staff leaving the company, the exchange cited the unceasing wave of enforcement actions against exchanges and lawsuits from oversight agencies for its decision to halt service. Co-founder Ray Youssef stepped down at the time and pledged to sort out all user funds as the exchange wound up, despite struggling with a greedy and selfish bad actor in his co-founder Artur Shaback. Following the brief hiatus, Paxful shared a message on its website on Monday indicating that its P2P platform is back online.

The Paxful team assured that though the suspension was sudden and surprising, the exchange is now stronger than ever, ready to serve millions. While it's back up for the time being, Paxful is under a custodian a Delaware lawyer who is also acting as the tiebreaker between the duo. Such is the case because the co-founders are at loggerheads. Artur Shaback claimed wrongful termination when he left the company, while Ray Youssef only sees a former partner seeking a nine-figure payout. According to Ray, the ongoing court case where Shaback is seeking a settlement and an exit from the company altogether is what scared staff away Paxful's best people both the chief level and operation staff.

In the wake of Paxful closure, Youssef revealed he is pursuing a new project in the form of Civilization Kit, Civ Kit. Speaking in an episode on The Blocks The Scoop podcast, he explained that the harsh regulatory environment in the US has made it difficult to run any peer-to-peer Bitcoin trading activity seamlessly. This is the motivation for Youssef's vision for Civ Kit. The platform is to be developed as a P2P electronic market system combining Nostr architecture and Bitcoin's Lightning Network to hold out against censorship and promote permissionless trading, according to a whitepaper released last month.

The project aims to achieve an ecosystem on which a thousand Paxfuls can grow a world where anyone can start their decentralized, non-custodial Bitcoin marketplace. Anyone on these platforms can trade with any other party there. Even better, rather than employing the know-you-customer (KYC) requirements, there'll be a decentralized option in know-your-peer (KYP) checks to verify identities. Towards the realization of this dream, the first phase, which is currently in progress, involves the development of an order book, which should be released in the next six months.

A mobile-friendly Lightning wallet with decentralized IPs will be created in the second stage, during which users on the platform will build a reputation (based on trading activity). In the third phase, money markets, credit lending, borrowing services, and more will be introduced based on the reputation attached to accounts. Youssef said Jack Dorsey's TBD, the Bitcoin-focused subsidiary of Block, will play an important role because Civ Kit is leveraging its decentralized identity technology towards the same goal traction and accessibility to achieve the thousands of plug-and-play P2P marketplaces around the world. According to Youssef, Civ Kit would make Bitcoin available to everyone.

Coinbase has, in recent months, hinted in several ways that it is dissatisfied with US authorities' handling of regulations around crypto. The crypto exchange is at the receiving end of action from the SEC, against which the exchange has said it will defend itself. CEO Brian Armstrong said at Fintech Week in London last month that should the regulatory uncertainty continue, moving Coinbase's headquarters outside the US would be a consideration, but then reneged on the same in comments to CNBC yesterday, insisting that the exchange would always have a presence in the US.

Nevertheless, that does not calm persistent tensions between crypto firms, Coinbase in this case, and US authorities. Last month, Coinbase launched an offshore derivatives exchange in Bermuda Coinbase International Exchange to offer non-US users a trading platform for Bitcoin and Ether perpetual futures. The platform would be initially limited to institutional investors, before other users can be allowed.

In a blog post published last weekend, Coinbase said it is collaborating with Abu Dhabi Global Market (ADGM) regulators to facilitate the licensing of Coinbase International Exchange. The exchange is also engaging Dubai's Virtual Assets Regulatory Authority (VARA), all towards growing its global footprint and working towards its goal of onboarding 1 billion users to crypto. Coinbase executives acknowledged the potential of the United Arab Emirates (UAE) as an ideal location to further its presence in Europe and Asia, owing to its strategic positioning as a bridge between the two key international regions.

UAE also stands out as one of the front runners in realizing a thriving web3 ecosystem, making it an appealing destination for investment. Coinbase believes that with notable jurisdictions creating a regulatory void, the UAE and other international counterparts are poised to fill this gap and establish themselves as pioneers. The blog post also detailed that Armstrong and other top Coinbase executives were visiting the UAE to meet with the country's regulators, policymakers, partners, and Web3 founders. CEO Brian Armstrong met with the Minister of Economy, H.E. Abdulla Bin Touq Al Marri, and the UAE Minister of State for Foreign Trade, Dr. Thani bin Ahmed Al Zeoudi.

In a recent tweet, Coinbase CEO commended the UAE for its progressive approach to crypto, arguing that it has established itself as a pioneer in the field by becoming the world's first jurisdiction to introduce a dedicated regulatory framework for the asset class. Its clear and comprehensive rule book assures certainty and transparency for crypto-related businesses, making it an attractive destination for these ventures. Further, the countrys business-friendly environment and robust customer protection measures create an ecosystem fit for crypto adoption and growth.

Last month during a court hearing, attorneys for the bankrupt FTX exchange, which fell alongside the larger Sam Bankman-Fried empire, said the platform was considering an outing that would have the creditors convert some of the funds they receive to a stake in a would-be reboot of the exchange. The proposition is to file a preliminary plan of reorganization in July, towards a potential restart in Q2 2024.

Lead attorney Andy Dietderich told the court that while this is an option regarding the company's future, it would require a great deal of financing, and it still needs to be agreed where the capital should come from, according to a Reuters report. He clarified that, at this stage, the relaunch is still far from a reality. The lawyers also confirmed that the sum recovered in liquid assets increased from $5.5 million in January to $7.3 billion, which would have been valued at $1.1 billion less at the time of bankruptcy. Notwithstanding the development, the lawyers made it clear that FTX is still a long way from achieving an equity distribution mechanism.

This week, reports of the US tax agency (IRS) filing tax claims amounting to $44 billion against SBF's empire became public. The Internal Revenue Service set forth several claims against entities affiliated with FTX including Alameda Research (IRS claims $20.4 billion and $7.9 billion) and Alameda Research Holdings. The revenue service filed the claims on April 27 and 28 under the Administrative Priority,' suggesting that the IRS tax bill will take precedence over the claims of other creditors. Meanwhile, in the FTX case, lawyers representing Sam Bankman-Fried submitted a motion to dismiss criminal charges on Monday.

The counsel for SBF specifically asked the Southern District Court of New York judge to drop 10 of 13 criminal charges the client faces. The charges omitted in the pretrial motion are conspiracy to commit commodities fraud, to commit money laundering and to commit securities fraud. The prosecution side has until May 29 to submit a response to the requests made by lawyers, while court arguments are expected to commence on June 15. SBF's colleagues and close associates Alameda Research ex-CEO Caroline Ellison, FTX co-founder Gary Wang and FTXs former engineering director Nishad Singh have already pleaded guilty to their respective charges. Bankman-Fried is still under house arrest at his parent's house awaiting trial in October.

More than five months after FTX went bust and filed for bankruptcy alongside 130 affiliate firms, European users of the crypto exchange can check and request funds withdrawals. FTX EU, the European subsidiary of the exchange, unveiled a new website on Mar 31 where users can check balances and send withdrawal requests. As FTX EU was still nascent (launched in March 2022), only a few users are likely impacted by the news, but all within the Europe Economic Area and the Middle East are covered.

FTX said in the press release that its European arm received approval from the Cyprus Securities and Exchange Commission (CySEC) for the new domain to allow FTX EU customers to claim their FIAT balances exclusively and not any additional services or products. To ensure compliance with anti-money-laundering regulations and authenticate the user's identity, customary know-your-customer (KYC) and anti-money-laundering checks are conducted when users carry out a withdrawal.

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Exchange Updates - Bakkt Token Delisting, Binance Withdrawal ... - Securities.io

Does the Google Pixel 7a have a microSD slot? – Android Authority

May 14, 2023 | Author: admin

Ryan Haines / Android Authority

The Google Pixel 7a may be stealing all the headlines, but there will be people thinking about practical factors such as device storage and expandable memory. If youre wondering does the Google Pixel 7a have a microSD slot, youll find out below.

QUICK ANSWER

The Google Pixel 7a doesn't have a microSD slot. With 128GB of storage space, you may want to consider cloud or external storage options. Another alternative is to choose a different device that does offers expandable storage.

Does the Google Pixel 7a have a microSD slot?

Edgar Cervantes / Android Authority

Unfortunately, the Google Pixel 7a does not have a microSD slot for expandable storage, and the internal device storage is a fairly modest 128GB.

This might be disappointing, but it isnt too surprising. Not only is the trend away from including space for a microSD card in more recent smartphones, but Google has actually never included microSD support on any of the Pixel devices. It would have been quite the trend shift to introduce the feature on the Pixel 7a.

Google would probably argue that this is to do with the handsets design. A microSD card takes more space within the device that the company is willing to sacrifice. Theres an element of truth to that, but its more likely related to saving on manufacturing costs.

Pixel phones have never had microSD support.

Theres no need to get too cynical when thinking about Googles motives. In the flagship Pixel line, Google has an extra incentive not to make storage expandable in order to upsell you a higher storage variant of an already pricey phone. Samsung and Apple do the same thing. But that isnt a relevant consideration in the case of the Pixel 7a, as there is only one storage option on offer.

It could also be argued that the target market for the Pixel 7a isnt the type of person who will usually face storage issues. 128GB might be a baseline capacity these days, but its still fairly ample for most people. Content creators will be eyeing more powerful devices, while people who store large video files such as movies are probably interested in a phone with a bigger screen. The Pixel 7a is a mid-range daily driver for those who want a compact and stylish handset with an above-average camera, which is a large demographic.

People interested in the Pixel 7a but concerned about storage capacity can look to make the most of cloud storage or external storage devices. If its too much of a dealbreaker for you, we can suggest some alternative phones that do offer expandable storage.

There are lots of great devices with expandable storage if its a feature youre looking for in a phone. Here are a few of our picks in the same price range or cheaper than the Pixel 7a.

Samsung Galaxy A54 5G

Robert Triggs / Android Authority

Galaxy A54 5G camera trio

Samsung hasnt given up on expandable storage entirely, with the recently released Galaxy A54 5G offering a microSD card slot to expand on the 128GB built-in capacity. It retails for $449 $50 less than the Pixel 7a and you certainly get a lot of bang for your buck. The design of the Galaxy A54 mirrors that of the higher-end Galaxy S23 series, and an Exynos 1380 chipset with 6GB of RAM offers an impressive performance. Throw in a color-rich, fluid display, solid battery life, and admirable primary camera, and you have an excellent alternative to the Pixel.

Moto G Stylus 5G 2022

Eric Zeman / Android Authority

Moto G Stylus 5G

The Moto G Stylus 5G 2022 has the same retail price as the Pixel 7a of $499 but is much more generous when it comes to storage. Already boasting 256GB of built-in storage, you can increase the capacity to 1TB by adding a microSD card.

The Pixel undoubtedly has more going for it, such as a better camera setup and the Google ecosystem. But if youre looking for a solid performer with good battery life, a great display, and a stylus, youre unlikely to be disappointed by choosing the Moto.

OnePlus Nord CE 2

Dhruv Bhutani / Android Authority

The OnePlus Nord 2 CE isnt anything groundbreaking, but its a solid alternative to the Pixel 7a and at least $200 cheaper. With 128GB storage expandable via microSD, hoarders on a budget will find it an interesting option. A 6.43-inch AMOLED screen, Dimensity 900 processor, and 8GB of RAM are complemented by an improved camera system from the Nord CE.

FAQs

The Pixel 7a has 128GB of built-in storage.

No Pixel phones have ever featured a microSD card slot, and the Pixel 7a is no different. Google may have aimed to keep costs down by omitting it and didnt feel that it would be a dealbreaker for most buyers.

Cheaper costs and lack of internal space make sacrificing the microSD slot an appealing option to manufacturers, with the added bonus that buyers might pay extra for a larger storage variant of the model if there is one.

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Does the Google Pixel 7a have a microSD slot? - Android Authority

Supply Chain Investments to Continue, Plus 8 Key Areas of Growth … – Consumer Goods Technology

May 14, 2023 | Author: admin

Budgets may be tighter this year as consumer goods companies navigate a troubled economic climate, but its not keeping them from making major investments in their supply chain.

According to recent Gartner data, theres three trends holding steady in this area: upgrades that create new forms of engagement, optimize for resilience, and scale performance that enables tech to be delivered at any place and time.

What type of growth can we expect in supply chain technology? Gartner surveyed 499 supply chain leaders from October through December 2022 in North America, Latin America, Western Europe, and the Asia/Pacific region, finding that 65% anticipate funding new technology investments and 73% of supply chain IT budgets this year, on average, to be allocated to growth and performance enhancements.

Gartner expects the majority of supply chain investments to hit eight key areas: artificial intelligence, operations, mobile assets, cloud storage and computing, workforce planning, IT architecture, cyber security, and integrations.

1. Artificial intelligence (AI): Supply chains will see great transformations with the use of actionable AI. Gartner expects the tech will help drive decision making, tapping into human-like problem solving thats augmented by real-world, adaptable data. Unilever is one company leveraging AI, using it to develop science-backed products through the power of automation and robots.

2. Operations: Smart tech is set to develop end-to-end changes across the supply chain, impacting manufacturing, service and logistics, transportation, global trade, and more, according to Gartner. Take, for example, Keurig Dr Peppers supply chain realignment efforts to accelerate enterprise-wide productivity and optimize growth.

3. Mobile assets: The combination of sensory tech investments with operational research techniques to optimize business intelligence will have myriad benefits across warehouse operations, says Gartner. From improving visibility and capacity, investments in this area will trickle down to shipping and logistics.

4. Cloud migration: Companies are looking for agile, composable platforms, according to Gartner, and so cloud tech is the answer for many consumer goods companies aspiring to elevate their IT infrastructure. Henkel is migrating fully to the cloud over the next upcoming months and Unilever recently became a cloud-only enterprise.

5. Workforce: Many companies will be using their investment dollars to increase employee engagement, which should improve frontline worker performance, satisfaction, and retention, says Gartner. Upskilling should be a big part of this so much so that CGT predicts an entire job will be dedicated to this area of focus.

6. IT architecture: Consumer goods companies are transitioning to composable business structures, according to Gartner. They are designed to follow the core design principles of modularity, autonomy, orchestration and discovery, with a specific business use case, said the company.

7. Cyber security: The more tech, the more risk for fraud and digital penetration so Gartner expects enterprises will increase their cybersecurity to cover vulnerabilities. Companies will especially need to be careful as they implement still-learning technologies such as generative AI.

8. IT integration: Some companies will piece together their preferred solutions, while others will overhaul entire systems. Gartner predicts that enterprises will need to invest in integration to tie together a tactical, execution-centric, and technical view of system interoperability to a strategy-led vision of a more-interconnected world.

The last three years of uncertainty have blurred the line between business and technology strategies to the point that they must be considered together, said Simon Jacobson, VP analyst in Gartners supply chain practice, in a statement. Supply chain leaders must have an understanding of the strategic, disruptive, and unavoidable technologies that will impact their planning processes over the next five years.

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Supply Chain Investments to Continue, Plus 8 Key Areas of Growth ... - Consumer Goods Technology

What exactly is hybrid cloud the advantages and disadvantages – iTWire

May 14, 2023 | Author: admin

The first step involves choosing whether or not to use a public or private cloud, or both. Using both is hybrid cloud.

But what exactly is a hybrid cloud? Before answering let's look at the two alternatives: public cloud and private cloud, and how these compare.

A public cloud involves hosting data and applications on a third-party server, which can then be accessed over the web. This puts responsibility on the third-party company to manage the servers and service anything that goes wrong.

In many cases an organisation's data and apps will be stored alongside others' data on the same machine, meaning they could be more vulnerable to a security breach.

To maintain cloud storage security, organisations can also invest in private cloud technology. Here, databases are stored on secure individual servers. Private cloud can be managed in-house, with servers located on the premises, or it can be managed by a third party.

Although private cloud is more expensive, generally it provides a more secure infrastructure. Better security from keeping the servers on a company's own premises also means more responsibility for ensuring that security protocols are sound and that everything is up and running properly.

So, public or private cloud? While many businesses may view this as a one-or-the-other choice, it's reasonable for large organisations to utilise both alongside their established on-site systems.

These organisations are discovering they can combine the advantages of private and public cloud options, building a single solution that marries the benefits of each while limiting the disadvantages.

This hybrid cloud solution combines many of the advantages of both public and private cloud systems, allowing information to be shared between on-premise systems and those maintained in the cloud.

By acting as orchestration between all platforms, the hybrid cloud increases organisational flexibility. For instance, consider remote workers who would still be able to access information located on local servers through the cloud. As companies grow in size and scope, this improved flexibility often becomes more and more essential.

The hybrid cloud market is projected to grow to US$97.6 billion by 2023. Demand for hybrid cloud computing has never been higher, and fortunately companies are rising to the occasion by providing top-notch service.

But what are the benefits and potential challenges? Cloud computing pluses and minuses come in many forms. Fortunately, for many organisations there are more advantages than disadvantages when using hybrid cloud, and the benefits include:

Cost savings

Hybrid cloud might be an investment upfront, but it will provide plenty of cost saving benefits down the road. For example, businesses using public cloud without a hybrid might have a difficult and expensive time migrating information if they decide to make changes to their internal systems.

Also because a hybrid cloud is scalable, it makes handling changes in business goals cheaper down the line.

Unique balance of control

Only hybrid cloud technology can provide a blend of benefits that come from public and private servers. Users can enjoy the scalability of a public cloud environment without forfeiting all control to a third party. With every hybrid cloud situation being different, a unique solution will have to be applied to each hybrid system in order to fulfill specific requirements.

Speed of deployment

Because a hybrid cloud is designed around an organisation's needs, it can be optimised with speed in mind. For example, because this system isn't entirely public, IT staff will be able to minimise latency, making data transfers quicker and easier.

Business agility

The overall level of customisation available for hybrid cloud also ensures that an organisation is agile enough to handle the needs of customers or clients. Not only does it connect old systems to new ones, but the hybrid cloud also allows businesses to create an overarching structure that meets the unique needs of a specific enterprise.

The disadvantages

Although hybrid cloud computing may be a necessity for certain large-scale organisations, there are potential issues when investing in a hybrid cloud solution. These include:

Overly complex security

A Forrester survey of 1,000 chief information security officers (CISOs) revealed that managing the growing complexity of security is their first concern. Because of the complicated nature of hybrid cloud, building effective ongoing security is a difficult process. Organisations should be fully prepared before loading sensitive information into a hybrid cloud.

My company commissioned a global survey exploring security preparedness and network visibility. They discovered that many IT professionals find it difficult to maintain visibility easily across a sprawling hybrid cloud. Lack of visibility can put a company at security risk.

Thankfully, there are ways to combat the disadvantages, giving a hybrid cloud setup the best chance of success. Here are several approaches designed to help achieve hybrid cloud success without lowering network defences.

Encrypt data

First, prepare against potential security breaches by encrypting data, making it more difficult to access.

Don't leave security to cloud vendors. These might make work easier, but in handing control of sensitive data/information over to a third party, an organisation is putting its faith in their ability to protect that information.

Unfortunately, not all third-party vendors might be capable of keeping information private. Instead, ensure that the tech team is involved in, and working on, a security system to ensure maximum safety for the hybrid cloud framework.

Determine which apps, data and workloads are appropriate for each cloud type

Data should be stored strategically within a hybrid cloud network. Sensitive information should be kept onsite or in a private cloud, while other less valuable data can be stored in the public cloud.

Utilise a container orchestration platform. An effective one such as Kubernetes will help deploy apps across cloud environments.

Use automation where possible. This can increase the speed of information, making it easier to react to a security threat quickly, and providing consistency across multiple platforms. It saves time in managing the system.

Invest in a cloud-visibility tool. Increased visibility permits increased security as the IT crew will be able to spend their time focusing on other equally important tasks.

So, hybrid cloud is a cost-effective way of connecting various data systems while balancing an organisation's needs. Although building and integrating a hybrid cloud is complex and can be potentially time-consuming, often the potential rewards more than compensate for the difficult learning curve. Visit Gigamon to learn more about what they can do for a network.

Image: Mguerreroch via Wikimedia Commons, CC BY-SA 4.0

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What exactly is hybrid cloud the advantages and disadvantages - iTWire

Verizon’s rumored new Unlimited plans would ask subscribers to … – PhoneArena

May 14, 2023 | Author: admin

That sound Verizon executives hear coming up fast behind them? That's T-Mobile. The nation's second-largest wireless provider reported 538,000 net new postpaid phone subscribers for the first quarter. That was more than AT&T and Verizon combined. But don't blame the former as AT&T had 424,000 net new subscribers in this all-important category during Q1 while Verizon lost 127,000 subscribers.And recently T-Mobile shook things up with its new Go5G plans which allow new and existing customers to upgrade to a new phone every two years instead of every three years as is the industry standard these days. But there is some rumbling per The Mobile Report that Verizon, still the leading wireless carrier in the U.S., will introduce new options for subscribers under the name "myPlan." Options will reportedly include Unlimited Welcome and Unlimited Plus. These will replace all current Verizon Unlimited plans according to the rumor.

Unlimited Plus includes unlimited Ultra Wideband 5G data

Now according to the rumors, the "myPlan" branding means that subscribers would get to choose which perks they would receive. For example, depending on the Verizon unlimited plan you currently have, you can get for free the popular Disney+ bundle, Apple Arcade, or Apple Music, But, and this is a big but, under "myPlan," subscribers would have to pay $10 per month for each perk they choose. If Verizon hopes to stay ahead of T-Mobile, this would be a huge mistake. This is the most un Un-carrier move ever made.

Based on the leaked images, Verizon wants its customers to pay for perks including ones that are now free

Now that's not to say that there isn't value in some of these rumored freebies. Verizon says in leaked images that the 100GB of mobile hotspot connectivity it is offering for $10 per month would save subscribers $35 monthly. But the point of T-Mobile's perks is to keep the subscriber from having to pay extra for them. This move may not go down with subscribers as Verizon figured it might. For example, paying $10 per month for a Walmart membership would save a Verizon subscriber less than $3 per month after paying $10 a month extra.

Another issue that might not have caught your eye is that while both the "myPlan" Unlimited Welcome and Unlimited Plus support 5G, the cheaper plan includes unlimited 5G data while the Unlimited Plus plan supports unlimited 5G Ultra Wideband data. It isn't clear and we should know more soon, but it would seem that if you want the faster mid-band 5G that is approximately 10x faster than LTE, you will have to subscribe to the more expensive Unlimited Plus plan.

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Verizon's rumored new Unlimited plans would ask subscribers to ... - PhoneArena

Did you know you’re emitting carbon just by reading this headline? Here’s how and what you can do to reduce it – ABC News

May 14, 2023 | Author: admin

If you're reading this, you're emitting carbon.

One online search uses about as much electricity as a light bulb left on for 35 minutes. Sending an email with a large attachment? That light bulb stays on for about an hour.

And, if digital technology were a country, it'd be the world's third-highest consumer of electricity behind China and the United States.

These are some of the findings featured in the French journalist and documentary maker Guillaume Pitron's new book, The Dark Cloud: How the digital world is costing the earth.

In a time where plenty of us are trying to be as environmentally conscious as possible using re-usable shopping bags, bringing our own cups to the cafe it's easy to forget a chunk of our carbon footprint comes from the devices we use daily.

But how did we get here and what can we do about it?

Even though they are not physically emitting carbon into the atmosphere, texts, emails and online searches all require energy to function.

"You don't think about it this way, right? Everything is virtual when you go online," Mr Pitron told ABC News Breakfast.

"But actually, it has a cost. It has a physical cost materials, electricity, CO2 emissions. The idea is to turn this idea of a dematerialised world into concrete."

Mr Pitron has spent the last two years conducting research across four continents for the book, and he says it reveals the true anatomy of a kind of technology that is virtual in name alone.

"We need to have these technologies, right? I don't say that I'm not using a phone," he said.

"But at the same time, we need to be conscious that it comes at a huge cost which is exploding."

Emissions from digital technology mostly come from the resourcing and manufacturing chain minerals like graphite and cobalt are crucial for batteries, and the mining process behind them comes with huge environmental impacts.

They also come from the energy required to run things that house and allow us to access our data, like modems and servers.

Then there's the "cloud" the internet, broadly, and everything you can access via the internet, including all of our online data storage.

Overall, the latest estimates from EY show the digital world represents about 4 per centof global carbon emissions roughly the same as the emissions of Canada and Germany combined and that's from late 2020.

Globally, streaming technology generates as much carbon as all of Spain equal to around 1per cent of global emissions. And the amount of energy used per stream also depends on what you're streaming on for example, a HD TV requires more CO2 than a laptop or tablet.

"Behind each of the 70 metals and minerals that are in your smartphone, you've got a mine and you've got potential impacts that you need to be aware of usually, mines which are somewhere other than Western world countries," he said.

"We've offshored pollution into third world and poorer countries."

And while it's not yet known for sure whether we emit more carbon in our average physical or digital day, he says rising AI and a constantly expanding digital sphere will likely push the needle further over to the digital side.

It makes for bleak reading. So, what can we do to reduce the carbon cost?

"The first thing we should understand is that pollution from digital technologies is mostly material. How do you reduce that? Well, you keep your phone longer, and you buy a second-hand phone," he said.

Even simple things like giving your online storage a spring clean and deleting duplicates, or files you no longer need, can help to reduce your digital carbon footprint.

"I've repaired my own phone six times for the last three years. And if you don't want your phone anymore, try to resell it. That's a way to keep the life span of your devices longer.

"That plays a huge role in mitigating such pollution."

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Did you know you're emitting carbon just by reading this headline? Here's how and what you can do to reduce it - ABC News

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