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Exclusive Interview with Check Point’s Harish Kumar: Insights on India’s Cybersecurity Landscape and Plans for – Times Now

Updated Mar 27, 2023 | 06:53 PM IST

Harish Kumar GS, Head, Enterprise & Government, Check Point Software Technologies, India & SAARC

Excerpts:

Siddharth: There has been news of a lot of cyberattacks lately in the country. More companies are getting targeted, so whats your outlook on the current cybersecurity landscape in India?

Siddharth: Do you see state sponsored threats becoming a trend this year?

Siddharth: How is Checkpoint positioned? In what all areas is the company currently present in and how is the Indian market shaping for Check Point?

Harish: India is one of our very important markets in the world. We've invested significantly in the country. If you look at it, we operate the network protection, which is where we invented the state full inspection firewall concept. We were one of the early proponents of protection as a mechanism in the world. As we complete 30 years of existence, we are proud to share that we are one of the oldest cybersecurity companies in the world, which has survived and flourished.

Apart from the network, Cloud is another big focus area for us and our product is called Cloud Guard. Nowadays, if a customer or an organization wants to move into the cloud, security must be a priority right from the start. We are one of the first prevention based CNAPP architecture and we cater to the four Cs of the cloud. Gone are the days when servers and storage were installed in a data center and one could physically view them, now even infrastructure is on a code and Check Point protects the code, the Kubernetes clusters, containers, and the cloud hosting war.

We also manage access and access points. Post-pandemic, with the remote workforce endpoint and access protection has grown big. We provide secure access to corporate networks and applications. Hence, SSE or SASE is a very fast-growing area for us. Another big area is EDR- XDR which is to protect your devices in the network, whether it is remote or on the premise, and drawing out the intelligence from what's happening in each of these devices. That host of products is called as Harmony, and we are doing well in that segment.

Overall, the key differentiator for us is the single pane view we offer to our customers. If you take any organization, theres the network, workload on the cloud, and a mobile workforce. In such a scenario, having a single pane of view across these three aspects of your organization becomes crucial and we provide that to our customers. We refer to this architecture as Infinity and we are seeing a lot of positivity in the market around such an offering.

Siddharth: You have a lot of solutions and products for the industry what do you think is the current awareness levels and requirement and demand for cybersecurity in India?

Harish: The awareness is quite high, even small and medium organizations are aware of threats online. However, one of the barriers to cybersecurity adoption has been the high cost. For instance- For an organization of 1000 - 2000 employees that has a turnover of around 200 crores. If you have to protect yourself and invest in all the technologies which are available. In such a scenario, two issues arise. Firstly, cybersecurity is a very fractured market, and there are multiple products for accomplishing multiple things which makes it a big challenge. Secondly, if a company is setting up a basic SOC for an organization, it's going to cost you anything upwards of one and a half million dollars a year and a team of four to five people. There are additional products and licenses that will have to be bought, investments in SIEM, endpoints, and so on and so forth. All these pose the biggest barrier in the path of widespread cybersecurity adoption.

To cater to this issue, Checkpoint offers managed direction and response service for such organizations. Companies dont have to invest in separate products, we monitor and track all the fields. This service has seen a great demand amongst mid-sized corporates in India.

Siddharth: With newer emerging technologies like 5G, IoT, and Metaverse coming in, the threat landscape has widened. How is Check Point addressing this emerging landscape?

Harish: With the introduction of advanced technology like 5G, Web 3.0, metaverse, AI generative software and IoT adoption, we can expect that this is going to make the industry more prone to sophisticated Gen V and Gen VI attacks. These advanced technologies are going to decentralize the data, shift the physical infrastructure to cloud-based platforms and operate on edge computing. Therefore, the cyber security posture for companies is going to be more pronounced than ever with the expansion of multiple attack vectors for organisations.

In India, the stage is set for the launch of 5G technology. Consumers and companies are at high risk as the dynamic software-based systems of 5G include many more access points for traffic routing than the current centralized hub-and-spoke structures of 4G. Apart from this, security for IoT devices is intrinsically weak and simple to hack. Therefore, companies need to deploy a prevention-based response system rather than an incident-driven response system.

Siddharth: India is up there in software development but how is it in terms of skilling and re-skilling people for cybersecurity?

Siddharth: What are Check Points plans for 2023?

Harish: We have launched a host of products including the next Generation Management or Titan which gives you a single pane of view across network, cloud and endpoint. We also launched a new set of branch devices called as Spark Pro, which gives better bandwidth and comes with 5G and Wi-Fi. We launched our own SD-WAN portfolio which will run on top of the quantum devices which we already have. We also launched the MDR services and repackaged them as Horizon. Horizon is a service that can be used for threat hunting and to look at what's happening inside companys network packet by packet.

Overall, it's quite an exciting time for us. We promised the four Cs of cloud to be covered, the no prevention based CNAPP to be launched, it's already being adopted by clients. Similarly, our newer products will be immediately adopted by clients in the next couple of months.

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Nokia and AT&T trial RAN Intelligent xApps – iTWire

Finnish telecommunications vendor Nokia and American telecommunications provider AT&T have trialled near real-time RAN Intelligent (RIC) xApps with E2 interface.

In a statement, Nokia claimed the trial helped validate the promise of the near real-time RIC and xApp approach for advanced 5G use cases.

The trial was implemented on Nokias near real-time RIC platform, running on Nokia AirScale base stations on AT&Ts network.

In this trial, near real-time xApps used E2SM Policy Services to perform targeted RAN optimisation.

The trial benefited from optimised services for specific user groups, different frequency layers, or based on Quality of Service (QoS) Class Identifiers in 5G networks.

Nokias near real-time RIC platform and xApps also bring capabilities to use existing interfaces to enable RAN optimisation use cases that suit the operator networks.

The results of the trial demonstrated that E2 interface allows RAN policies to be updated several orders of magnitude faster than through legacy OAM interfaces, and thus unlocking new methods for RAN optimisation, said AT&T vice president RAN technology Robert Soni.

Together with AT&T, we have demonstrated that near real-time RIC has the potential to become a key enabler for RAN programmability. We believe in embracing openness and collaboration to drive innovation across the telecom industry and to harness the true power of 5G, said Nokia head of RAN Mark Atkinson.

This first appeared in the subscription newsletter CommsWire on 24 March 2023.

Reducing WAN latency is one of the biggest issues with hybrid cloud performance. Taking advantage of compression and data deduplication can reduce your network latency.

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Mastodon hits 10 million users: Is decentralization the future? – Halifax Examiner

The Atlantic Journalism Award finalists were announced this morning, and the Halifax Examiner has three nominations.

It is very satisfying to see Examiner writers recognized for the good work they do. This work is made possible by your subscriptions, as the Examiner does not carry advertising of any kind. Please subscribe here.

Charles P. Allen high school will open late today, after two staff members were stabbed yesterday.

CBC reports:

Lindsey Bunin,a spokesperson for Halifax Regional Centre for Education, said earlier on Monday twostaff were taken to hospital after being injured in an incident with a student who did have a weapon.She said the third person who was injured was the student.

At the Chronicle Herald, Andrew Rankin writes:

Halifax Regional Centre for Education said later that two staff memberswere injured and taken to hospital following an incident involving a student with a weapon.

Spokesperson Lindsey Bunin said three individuals two staff members and one student were transported to hospital.

Rankin speaks with students at the school who are, of course, shocked by the events. He writes that one student said it appeared that the schools vice-principal and receptionist were being stretchered out from the school and placed in ambulances. The boy was also moved from the police car into an ambulance.

I learned about the stabbings on social media as, it seems, did many parents, some of whom were critical of HRCE communications. It seems inevitable though that word would get out first through personal networks. That said, our institutions seem to default to give the least information possible mode, which is often not helpful particularly in a crisis.

Again, from Rankins story:

The Chronicle Herald spoke to another parent who received two texts and two emails from HRCE about the incident. We obtained a copy of the texts showing that the first text was sent out at 10:07 a.m. It said: CP in hold and secure.

The second one came soon after, saying the school was closing for the day. Both texts indicated that an additional email would be sent. The woman asked not to be identified. She said the emails contained no information about what had happened at the school.

Classes at CPA are cancelled for today.

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The provincial government is finally putting some money where its mouth is by offering substantial bonuses to nurses, Jennifer Henderson reports:

Surrounded by nurses and therapists working at the Dartmouth General Hospital, Premier Tim Houston and Health Minister Michelle Thompson announced $10,000 retention bonuses aimed at stemming the rising tide of departures among burnt out front-line workers.

For 11,000 registered nurses, licensed practical nurses, and nurse practitioners working in hospitals, nursing homes, and schools the cheque should be in the mail within the next month

In addition to the $10,000 the government is offering immediately, nurses who sign an agreement next March will receive another $10,000 if they promise to stay and work two more years, until 2026.

Henderson says to expect more health care announcements today.

Click here to read Nurses to receive $10,000 bonus, offered a second $10,000 if they stay two more years.

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Yvette dEntremont has a lovely story on the new documentary Raconte-moi un souvenir(Tell me a memory), about growing up in Pubnico between 1930 and 1950. The film is based on stories told by seniors in the community. dEntremont writes:

My father was born in Pubnico in 1941. He died in 2018, and this was the Acadian childhood he wouldve experienced. I have a connection to this place and its stories, but even without it Id have been hooked

The documentarys creator and artistic director, Yvette dEntremont, said the screening felt like a huge family picnic or reunion where everyone was watching family videos.

Lots of people from not even from that generation but maybe 10 or 20 years younger were nodding their heads in the theatre, recognizing themselves in some of their stories even though they werent that old, dEntremont said in an interview.

Its (the documentary) for generations to come. Its a legacy, and that is so important for our young people.

For the record, dEntremont is the second person with my name that Ive interviewed in my career, and we arent related.

Reading this piece, I realized I interviewed the director of the film several years ago, just after she retired from teaching, and one of her preoccupations was the decline of French among students. That concern certainly fits in with her goals for the film. From dEntremonts story:

One thing dEntremont hopes people take away from the documentary is the importance of preserving family and community stories.

I hope it triggers curiosity so that when younger people visit their grandparents or great grandparents, they will ask about these things, what life was like, tell me stories about when you were young. I hope this encourages that, she said.

Their stories become our history forever. We learn from the past, we learn that we were all kids at one point and we all have valuable stories to tell. These seniors have wonderful stories to tell, and they have something important and valuable to share with us. We should never forget that.

Click here to read Their stories become our history forever: Pubnico seniors share memories in new film.

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In a piece published last week, Mary Campbell of the Cape Breton Spectator compares how CBRM council deals with rinks vs housing.

In a dig at secrecy surrounding councils housing discussion, Campbell writes:

They are so much happier talking about rinks, they dont even mind doing it in public. They just relate more to rinks: they love the volunteer boards that oversee them, they respect the hard work of the people who operate them and they freely acknowledge the needs of the people who use them.

They get to talk about volunteers who put their heart and soul into rinks and reminisce about their own time coaching Major Bantam hockey. They get to shudder imagining what would happen if the community rink closed. And then they get to vote to take the rink over, at a cost of $250,000 annually.

How does spending a quarter of a million dollars on the rink compare to spending a quarter of a million in a couple of other areas? Campbell writes:

District 5 Councilor Eldon MacDonald, who expressed something akin to horror at the mere possibility the CBRM might be on the hook for cost over-runs or operational expenses associated with a supportive housing project proposed by New Dawn and the Ally Centre, agreed to take on the quarter million dollar subsidy for a rink without batting an eye. (Not to mention the general consternation caused by the estimated operating costs for a new central library which, at up to $240,000 would belessthan the rink subsidy.)

Campbell discusses the history of the rink, and how it got into financial trouble, and she makes clear shes not against rinks! I think the end of her piece nicely sums up the issues, though:

Council will probably argue that the difference between this debate and the debate over supportive housing is that recreation is clearly a municipal responsibility and housing is not, but I have two things to say about that.

First, recreation may be a municipal responsibility, but the Emera Centre was not a CBRM facility, so taking it over involved going above and beyond the municipalitys responsibilities.

And second, when the federal government gives you $5 million for housing, housing becomes your responsibility, and if you are not capable of accepting that responsibility, if you cannot rise to that challenge, then you should not be in government.

I dont actually begrudge the Emera Centre this lifeline and I do understand the value of rinks to communities but if you can see the value in a rink, then you should also be able to see the value in housing for your most vulnerable citizens. How can the Emera Centre be a gift to the CBRM and $5 million from the federal government a burden?

Recreation and access to recreation are core municipal services and they should be run that way.

Like the Halifax Examiner, the Cape Breton Spectator is supported by readers like you and me. You can subscribe here.

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At CBC, Paul Palmeter reports that Sustainable Marine Energy Canada has given up on its Minas Passage tidal generation project.

The companys project would have used floating turbines. Previous projects involving turbines on the ocean floor have failed.

Sustainable Marine Energy Canada CEO Jason Hayman tells Palmeter the company is withdrawing because it hasnt been able to get regulatory approval from DFO:

We have been working for about three years to get an authorization from DFO to deliver our project, but we are basically coming up against a brick wall.

DFO did not get back to Palmeter, but others he interviews use the term clear path in terms of whats lacking for regulatory approval of tidal power projects.

I have no idea if DFO is being obstructionist, cautious, incompetent, short-sighted, or rightly concerned about impacts. I do know that whenever I see businesses complain about red tape at least some scepticism is warranted.

Palmeter also published a story earlier this month on the BigMoon Power tidal project, which is still in its early stages.

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Last week, Tim Bousquet wrote about media running pieces for rage clicks:

The rage-inducing is intentional: it gets the article shared on social media, with people saying stuff like can you believe these assholes? and thousands more people click on the article, upping the all-important CPMs, the cost per million impressions on which advertising revenue is based

Anyway, just something else to be aware of: if an article pisses you off, its probably doing so intentionally.

This is the world we live in. Everything, even our anger, is commodified.

You can find examples of this pretty much any day of the week. The middle manager at Meta (which owns Facebook) pissed off that they may not be making $1 million/year soon, as they had planned. Or the NYU student who spent a year in Florence and hated it, for incoherent reasons, including that the locals didnt fit her stereotypes, her house was too crowded, and when her roommates went away for the weekend her house was too empty.

The NYU student story was terrible and painful to read, and it followed a typical trajectory: publication posts story, story gets shared around by people hating on it, other media pick it up and write about how people online are mad about this story. The NYU students story got an extra bump because Amanda Knox (who was convicted of murdering her roommate while on a student exchange in Italy, before being exonerated) retweeted a link to the story.

There was a time when I would have gleefully piled on too, but Ive seen so many of these by now that I mostly feel anger at the editors who are willing to let young writers hang themselves out to dry for the benefit of a days notoriety and bunch of clicks.

I became aware of the NYU student story because a Greek sociologist I follow on Mastodon shared a link to it. (He seems to have since deleted the post.) I was tempted to share it and say something snarky thereby helping to perpetuate the rage-click economy but Mastodon disincentivizes this, because there is no equivalent to the quote-tweet feature, making it harder to just dunk on people. Curious, I logged in to Twitter, where, of course, the NYU student was the main character of the day (and, subsequently, had locked her account.)

Over the weekend, Mastodon passed 10 million users. Last November, it seemed like a big deal when it broke one million. (These numbers are the source of some debate, but whats undeniable is that the network is growing rapidly.)

This is interesting, insofar as Mastodon is expressly designed to suppress features that drive other social networks. It deliberately makes searching posts difficult, shows you a purely chronological timeline (meaning the most rage-inducing content isnt pushed to you) and it limits the number of times you see boosted posts. So if people are sharing the same link say, to a story by an NYU student over how she hated Florence over and over and over, you only see a small fraction of those boosts.

Mastodon is part of what is called the Fediverse: a collection of decentralized, non-commercial services that can connect to each other (also known as federating). Some have analogues to the world of commercial social media. Pixelfed allows you to share photos, BookWyrm is the non-commercial Goodreads, Friendica is designed to fulfill some of the same functions as that other behemoth whose name starts with F, and so on.

During my time in the Fediverse (basically, since last November), Ive been struck by how difficult it is for people to wrap their heads around the idea of a non-commercial, decentralized internet even though this is exactly how the internet started out. Ive seen Mastodon referred to as a website, and its creator, Eugen Rochko, referred to as its owner. One notorious article said Twitter had blocked links to John Mastodon, the founder of a competing social media company named after himself. Needless to say, there is no John Mastodon.

But Mastodon, by its nature, cant be owned by anyone. The best simple explanation Ive seen of the Fediverse (of which Mastodon is a part) is by Matthew S. Smith, writing in the IEEE Spectrum. (IEEE is the Institute of Electrical and Electronics Engineers.)

Smith writes:

The Fediverse, unlike the social networks that rose to dominance over the last two decades, is a decentralized collection of servers that communicate over an open protocol

Mastodon, unlike Twitter, is not hosted as a singular service but instead a collection of independent servers that communicate through [the] ActivityPub [protocol]. Joining Mastodon means joining a server with its own community and code of conduct. Users can interact with users on other servers, but their account is hosted on the server they choose

The Fediverses connected but independent servers give users more control. Everyone has the option to join the server they think best, and moving to a new server is relatively simple. Servers can also block other servers, providing more power to respond against harassment or objectionable content.

Ive seen a few good examples of how this setup disincentivizes going for outrage. Last year, Raspberry Pi created its own Mastodon server and soon after began essentially trolling people who were upset that one of its employees had bragged about being a former cop and using Raspberry Pi devices for surveillance. On Twitter, this trolling strategy would probably have worked, because people would have shared the tweets in outrage. On Mastodon, by contrast, the organizations server simply wound up being de-federated, or blocked, by many users, meaning hardly anyone saw their posts.

When I described Mastodon to someone I know a few months ago, he quickly replied with, If youre not a paying customer, youre the product. Ive used this adage myself, many times, but the fact is it is simply not true. We can actually create relationships and networks in which we are neither customer nor product. Worse, with many services we are now both the customer and the product. You can provide a whole bunch of content to Facebook for free, and it will want to charge you 15 bucks a month to verify you.

The internet was built on decentralization the reason the US military funded its development was so that a nuclear attack couldnt knock out a centralized system but over the past couple of decades weve come to see a venture capital backed ecosystem, centralization, and scale as the primary ways to approach it and to measure success.

Back in 1999, science fiction writer Neal Stephenson (who coined the term metaverse) wrote an essay called In the beginning was the command line. Stephenson draws an analogy between the makers of operating systems and car dealerships:

One of them (Microsoft) is much, much bigger than the others. It started out years ago selling three-speed bicycles (MS-DOS); these were not perfect, but they worked, and when they broke you could easily fix them.

There was a competing bicycle dealership next door (Apple) that one day began selling motorized vehicles expensive but attractively styled cars with their innards hermetically sealed, so that how they worked was something of a mystery

Eventually the big dealership came out with a full-fledged car: a colossal station wagon (Windows 95). It had all the aesthetic appeal of a Soviet worker housing block, it leaked oil and blew gaskets, and it was an enormous success.

Across the road are two other dealerships, the now-defunct BeOS, and Linux:

Linux is not a business at all. Its a bunch of RVs, yurts, tepees, and geodesic domes set up in a field and organized by consensus Anyone who wants can simply climb into one and drive it away for free.

Customers come to this crossroads in throngs, day and night. Ninety percent of them go straight to the biggest dealership and buy station wagons or off-road vehicles. They do not even look at the other dealerships.

Stephenson later became a fan of Macs, but I still like this analogy as a way to look at not just operating systems, but also the organization of the internet.

Many of the complaints about Mastodon its hard for businesses to reach an audience because you cant advertise, its too easy to block users and whole servers, its hard to go viral seem like advantages to me.

Sure, Mastodon is far from perfect. And it is only one of many Fediverse services. But I think the most important thing is that it, and the rest of the Fediverse, represents a new approach at a time when we desperately need new approaches.

As Molly White (best known as a cryptocurrency sceptic) wrote after the collapse of Silicon Valley Bank:

We are coming to a point, I think, where the shine is wearing off. People are realizing that despite the hundreds of billions of dollars being deployed each year by venture capital firms in pursuit of innovation, the world doesnt really feel hundreds of billions of dollars better off for it. For all the talk of unbridled innovation, venture capital services only very specifictypesof innovation: those that stand to produce large exits for investors, and with relatively low risk, regardless of whether the business itself holds much promise or provides any societal benefit. As Edward Ongweso Jr.writesforSlate:

For the past 10 years venture capitalists have had near-perfect laboratory conditions to create a lot of money and make the world a much better place. And yet, some of their proudest accomplishments that have attracted some of the most eye-watering sums have been: 1) chasing the dream of zeroing out labor costs while monopolizing a sector to charge the highest price possible (A.I. and the gig economy); 2) creating infrastructure for speculating on digital assets that will be used to commodify more and more of our daily lives (cryptocurrency and the metaverse); and 3) militarizing public space, or helping bolster police and military operations.

We are overdue as a society for seriously questioning what has become, but what has not always been, the dominant model of innovation. Recent weeks have drawn a bold underline beneath what has been clear to many for a long time: that those controlling massive amounts of capital and power in our society are not the smartest, or most level-headed, or most altruistic among us. Venture capital may be the best way to serve the interests of capital, but we need to consider alternative models that prioritize the interests ofpeople.

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Everyday items encode and embody all kinds of assumptions, ranging from the personal to the broadly cultural. And they can carry meanings for some to which others are completely oblivious.

Take pinball machines, for example. From the representation of women in backglass and playfield art, to the Winners dont use drugs messages scrolling across the screens of 1980s and 1990s machines, the machines tell us a lot about the cultures from which they emerged, and about assumptions about their target markets.

The Dolly Parton pinball machine is interesting in this regard. I was at the Propeller Arcade on Gottingen twice recently, and noticed they had a Dolly Parton pinball machine. I last saw one of these four years ago in Athens, and I was intrigued enough to look up its history.

Wouldnt you know it, the Loyal Jones Appalachian Center at Berea College in Kentucky has an interesting virtual exhibit on this pinball machine. Its called Dolly Parton Pinball Machine in the Appalachian Collections: A virtual exhibit about the 1979 Dolly Parton pinball machine and its backstory one Appalachian womans wrestling with fame, her image, and her mountain identity.

In 1977, pinball manufacturer Bally decided it wanted to feature Dolly Parton on a pinball machine. Parton was very much a country singer at the time, and had not crossed over to become a bigger phenomenon yet. The original design of the backglass art reflected this down-home country image.

But this image would not wind up on the backglass. Parton was leaving her country roots behind and going more mainstream. In 2013, the Appalachian Centers curator wrote to artist Dave Christensen and asked about the changes to the art requested by Partons team. Christensen replied:

The initial finished prototype showed Dolly in a typical Blue Ridge country setting. She was wearing a sexy, low cut plaid gingham blouse, cut-off blue jean shorts, a big fancy hair-do, playing a country guitar. It was approved by Dolly herself. Just as it was scheduled for production hernewHollywood Ca. MGR. . . . wanted her to be portrayed more cosmopolitan, a crossover artist

But it wasnt just the manager. Parton herself very much wanted to change her image. The exhibit quotes her from a 1977 interview with Barbara Walters:

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Cryptocurrencies To Watch: Week of March 27 – Investopedia

Keep an Eye on These Coins

The cryptocurrency market had a strong week overall, with nearly all tokens seeing a sizable increase in prices, perhaps because of global economic turmoil. Theres no guarantee this will continue, though that wont stop market enthusiasts from celebrating the fact Bitcoin crossed $28,000. The upcoming weeks will be ones to watch, especially for a select few assets that have performed particularly well in the last week.

This week, we examine XRP (XRP), Nexo (NEXO), Flare Network (FLR), XDC Network (XDC), and Litecoin (LTC). In selecting these assets, we have considered several factors, including, but not limited to, positive technical developments, significant news events, and noticeable changes in price.

The XRP coin (XRP) was one of the biggest gainers of the week, with the cryptocurrency up by 18%. The price bump was likely due to the fact that investors are becoming increasingly confident that Ripple will win its lawsuit against the Securities and Exchange Commission (SEC).

The SEC alleged in the lawsuit XRP is a security and Ripple had conducted an unregistered securities offering in the form of an ICO. Ripple contested SEC's allegations and is reportedly confident of a win. As such, the coin is increasing in value. XRP is now priced at around $0.46, having started last week at $0.38 (see chart below).

The Nexo token (NEXO) was one of the biggest gainers of the week, surging almost 17%. This increase could possibly be a result of Nexo Pro's partnership with institutional crypto data platform, The Tie. The partnership will see the institutional-level tools offered to advanced traders.

Nexo also saw a noticeable increase in development activity toward the latter half of the week, which is another positive sign. NEXO is now hovering at around $0.74 after being priced at $0.64 seven days ago (see chart below).

The Flare Network (FLR) coin increased by 15%, likely as a result of its Songbird Test Proposal 02 going live on the network. This proposal focuses on increasing the decentralization of the Flare Time Series Oracle (FTSO) by introducing a secondary reward band.

In other words, this band increases the number of data providers that can be rewarded, and these providers are the entities that offer reliable data to dApps through a mechanism, which is the FTSO itself.

Another potential reason for the price bump is MathWallet now supports Flare. FLR is now changing hands at $0.034 and was valued at $0.030 last week (see chart below).

The XDC network (XDC) saw a 14% increase in price over the past week. This may be due to the increasing development of the network.

It is now easier to deploy smart contracts, which allows for the creation of dApps. The Pythonic smart contract language Vyper is used for this purpose. One XDC is now valued at around $0.040 and was priced at $0.035 last week (see chart below).

Litecoin (LTC) experienced a 13% increase in price, possibly because its value often follows Bitcoin. The latter has had a good few weeks, and the assets that trail it often correlate strongly with its movement.

Additionally, whales large holders of a particular cryptocurrency have reportedly been accumulating LTC this month, which could also be the reason behind the surge in price. LTC is now approximately $92.5 and was valued at $82 last week (see chart below).

As of the date this article was written, the author does not own any of the assets discussed here.

The comments, opinions, and analyses expressed on Investopedia are for informational purposes online. Read ourwarranty and liability disclaimerfor more info.

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Chris Selley: Poilievre leaves provinces wondering if he really believes in them – National Post

In the heyday of the Manning Centre Networking Conference rebranded the Canada Strong and Free Networking Conference in 2020, but with Preston Manning still very much in the foreground keynote speakers from other countries were often a real highlight. Watching Americas Ron Paul defend a brand of libertarianism that simply doesnt exist in Canada, or Britains Nigel Farage wax smarmy-eloquent about the Brexit adventure, younger conservatives in particular seemed to revel in exotic tales from countries where the political spectrum is more than an inch wide.

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Then they would go back to fighting the Liberals tooth and nail over small differences.

One vision often espoused at the conference was always more than a pipe dream, though: Leaving the provinces alone to manage the affairs explicitly delegated to them in the Constitution, and as much as possible even beyond that. Nowadays, its one of very few predictable signature differences between liberal and conservative governments.

Consider health care. COVID-19 smacked many provinces upside the head with respect to their capacities and frailties. Under traditional service-delivery models, the sums necessary to improve outcomes and prepare for future emergencies are astronomical to the point that long-term atrophy is a far more likely outcome. Innovation is critical to avoiding that, and Ottawa shouldnt stand in the way.

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We (conservatives) run away from healthcare. We should run towards it, Alberta Premier Danielle Smith argued in an afternoon discussion with Canada Strong and Free Network director Jocelyn Bamford, defending her governments embrace of private health-care delivery and other innovations.

Part of the reason why health care doesnt work is its being operated in this top-down (model), but we can have a private delivery public funding, stay within the Canada Health Act, and bring all the principles we know work in free enterprise to this most expensive service, Smith argued.

Even the federal Liberals seem to realize the wisdom of this. The strings attached to recently concluded federal-provincial health-care agreements are relatively flimsy and uncontroversial: That improving long-term care be a focus, for example (surely no one disagrees after the pandemic nightmare), or that provinces commit to providing comparable health-care data to be compiled in Ottawa (which is exactly the sort of thing the federal government should be insisting upon, the better to determine what works and what doesnt).

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Child care is another good example where confident conservatives ought to have no problem winning the decentralization argument. Canadian progressives tend to be obsessed with licensed and regulated child-care spaces over all others, but in an afternoon discussion about the new middle class, Renze Nauta of the conservative think tank Cardus noted that licensed and regulated child-care spaces on the whole are much less flexible in terms of operating hours.

Especially nowadays, with the rise of gig work and more fluid work arrangements, flexibility is precisely what middle-class parents need, Nauta argued. And the middle-class voter is who everyone is after.

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Quebec City MP Pierre Paul-Hus, Conservative leader Pierre Poilievres Quebec lieutenant, issued an explicit invitation to the other provinces to follow Quebecs lead and band together to wring whatever they can out of Ottawa. And he trod near heresy to make his point: It is true that Quebec is unique in Canada, but so is Alberta. So is the East Coast, Ontario, British Columbia and the Prairies.

(Poilievre) wants to make this country a better place for families and businesses, and he realizes that provinces are unique and have their own unique challenges, Paul-Hus added. Unlike Justin Trudeau, he doesnt believe in one size fits all.

With provincial-rights maximalists like Smith in Edmonton (assuming she is re-elected in May) and Scott Moe in Regina, a Poilievre-led government would seem to offer a golden age of decentralization. But Poilievre himself remains the biggest question mark on that front.

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He is proudly interventionist on housing policy, for example at least if provinces and municipalities want giant novelty cheques from his future government: If junior jurisdictions dont get out of the way of building new homes, Poilievre vows, there wont be any federal funding for housing.

We had a deal in this country, didnt we? You work hard, you follow the law, you get a good house in a good safe neighbourhood, you make a good living and a great life, Poilievre said in his Thursday afternoon speech to the Strong and Free crowd. The deal is broken. Look around you. We have 35-year-olds living in their parents basements because (of) the cost of housing, of mortgage payments, of rental payments.

Hes exaggerating about the deal millions upon millions of Canadians have lived happy lives without owning property. But the cost of all kinds of housing strikes strikes me as a justified intervention after decades of policy failure. If provinces and cities want to go Full NIMBY, they can pay for it themselves. If anything threatens serious social unrest in Canada, its millennials and Gen-Zers who dreamed of owning a house in Toronto or Vancouver and now cant even afford an apartment.

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Poilievres stance on addiction, on the other hand no to safe supply, no to safe injection, yes only to treatment is a wholly unjustified intrusion into what ought to be provincial jurisdiction. Its based on a delusion and a false dichotomy that he shares with Smith and many other conservatives. And its deadly.

The delusion, espoused by Poilievre and Smith alike on Thursday, is that Alberta has done much better than average with its recovery-based model. It has not.

Albertas opioid-overdose death toll in the first six months of 2022 was 35 per 100,000 second-highest in the country, a not-very-impressive seven points lower than ostensibly out-of-control British Columbia, and fully 18 points higher than ostensibly out-of-control Ontario, both of which offer safe-consumption and (more recently) safe-supply.

The false dichotomy is between offering addicts rehabilitation and offering a reliably non-lethal supply and safe place to consume it in the meantime. The supply and the safe space keep them alive. Thats literally the whole point.

Law-and-order issues are catnip to politicians, and Canadians are right to be appalled by the mayhem plaguing many of our cities. But the bedrock conservative principle that government policy is best designed as close to home as possible is an excellent one especially when scores of lives are at stake.

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Chris Selley: Poilievre leaves provinces wondering if he really believes in them - National Post

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Global Blockchain Technology Market to Reach $71 Billion by 2028: Digitization for Improved Service Realization and Error Prevention Fuels the Market…

DUBLIN, March 27, 2023 /PRNewswire/ -- The "Blockchain Technology Market by Use Case, Business Model, Solutions, Services and Applications in Industry Verticals 2023 - 2028" report has been added to ResearchAndMarkets.com's offering.

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This report examines the technology, leading companies, and solutions in the evolving blockchain ecosystem. The report evaluates current and anticipated use cases for blockchain and assesses the market potential globally, regionally, and segmented by deployment type and industry vertical.

The report also evaluates key players, solutions, and use cases. The report also assesses the prospect of integrating blockchain with other technologies including IoT and artificial intelligence. The report includes forecasts by use case, application, and industry verticals from 2023 to 2028.

Select Report Findings:

Distributed ledgers and other blockchain capabilities are rapidly expanding outside finance

The blockchain technology market will grow at 67.4% CAGR through 2028 reaching $71 billion

Substantial blockchain opportunities include data decentralization, data usage control, and encryption

Consortium/hybrid blockchain will be the largest North America blockchain tech area at $8.1 billion by 2028

The preponderance of blockchain revenue will be derived from three types of services: Blockchain-as-a-Service (BaaS), Cloud Computing (hosting and data as a service), and Systems Integration

Companies like Accenture will lead the charge for systems integration and companies like Amazon, Dell, HPE, and IBM will lead for BaaS and Cloud Computing. Other companies will fill important niche roles.

Block technology provides a certain means of authentication, authorization, and accounting. Blockchain and related distributed authentication and accounting technologies are poised to transform ICT, and is so doing, causing substantial disintermediation across a wide variety of industry verticals.

Lessons learned in FinTech and traditional banking from the deployment and operation of decentralized authentication, clearing, and settlement will be applied towards many telecom and computing problems for the benefit of many industry verticals. The impact will be wide-ranging, including everything from investing/trading to the legal cannabis industry, and very deep in terms of changes to supply chains and relationships between vendors, customers, and peers.

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Integration and operation of Blockchain technology will redefine how various industries operate, dramatically improving efficiencies, and reducing the cost of doing business. For example, start-up companies have been launched to provide software and microchip hardware that facilitates connected devices to operate on blockchain. Products have been designed to encrypt data, distribute information to blockchain-connected machines, and monetize these machines.

One important technology integration area is the Internet of Things (IoT), which is a very promising area as we anticipate that the use of Blockchain in IoT networks/systems will be one of the most important means for authenticating and authorizing transactions. For example, HYPR provides solutions to reduce cybersecurity risks in IoT devices through its decentralized credential approach. Their products reduce the need for passwords in a centralized server, replacing them with biometric and other password-free solutions. This provides for IoT devices that are virtually unhackable from a social engineering perspective.

Another important area for blockchain in telecommunications is resource identity including tracking ownership and care of custody of assets such as telephone numbers. Developments in this area may be leveraged to dramatically improve enterprise identity verification for voice and non-voice communications to consumers.

We also see Blockchain as a Service (BaaS) representing a key service offering for many market segments as a means of solution introduction and scalability via a cloud services model. For example, AI in supply chain management solutions combined with blockchain technology market solutions to dramatically improve SCM.

Key Topics Covered:

1.0 Executive Summary

2.0 Introduction

3.0 Blockchain Ecosystem and Marketplace3.1 Blockchain Types and Stakeholders3.2 Blockchain Applications3.2.1 Financial Services3.2.2 Non-Financial Services3.3 Blockchain Application in Industry Verticals3.3.1 Financial Industries3.3.2 Manufacturing and FMCG3.3.3 Government and Public Sectors3.3.4 Healthcare and Life Science3.3.5 Telecommunication, Media, and IT3.3.6 Automotive Vehicles and Transportation3.3.7 Retail and E-Commerce3.3.8 Other Sectors3.4 Blockchain in Internet of Things3.5 Blockchain as a Service3.6 Blockchain Stakeholders in ICT3.7 Blockchain to Improve Cybersecurity3.8 Blockchain Investment Analysis3.9 Important Blockchain Consortia and Associations3.9.1 R3cev Blockchain Consortium3.9.2 Post Trade Distributed Ledger Group3.9.3 Hyperledger Project3.9.4 Global Payments Steering Group3.9.5 Financial Blockchain Shenzhen Consortium3.9.6 Cu Ledger3.9.7 Blockchain Collaborative Consortium3.9.8 Wall Street Blockchain Alliance3.9.9 Japan Blockchain Association3.9.10 Korea Financial Investment Association3.9.11 Nimbrix Consortium3.9.12 B3i3.10 Blockchain Solutions in Industry Verticals3.10.1 Japan Exchange Group Blockchain Consortium3.10.2 Walmart Blockchain for Food Safety3.10.3 Ubitquity Blockchain in Real Estate3.10.4 HYPR and Blockchain Biometrics3.10.5 Whaleclub Trading Supported by Blockchain3.10.6 EasyBit Expands Bitcoin ATM Network to Vietnam3.10.7 Blockchain Technology as Medium to Declare Love and Marriage3.10.8 Bitcoin Boosts Solar Energy Industry3.10.9 LO3 Energy and Siemens Blockchain for Microgrids3.10.10 MasterCard Blockchain APIs3.10.11 ConsenSys and UAE Partnership for Blockchain Projects3.10.12 People's Bank of China Digital Currency3.10.13 China Halts withdrawals of Bitcoin3.10.14 Huiyin Group Bitcoin Fund3.10.15 BitFury Group and Blockchain3.10.16 Reserve Bank of India Blockchain Technology for Trade Applications3.10.17 YES Bank to Multi-nodal Blockchain Solution for Bajaj Electricals3.10.18 European Bank Digital Trade Chain3.10.19 BTL Group to Test Interbit Platform with Energy Companies3.10.20 BNP Paribas Test Blockchain-Based Real-Time Corporate Payments3.10.21 WISeKey to Establish IoT Blockchain Center of Excellence3.10.22 ARK Crew Testnet for Blockchain3.10.23 ICICI Bank and NBD Blockchain-based Transactions3.10.24 PAXOS Blockchain for Gold Settlement with Euroclear3.10.25 Microsoft and BAML Blockchain Improve Trade Finance3.10.26 Mahindra Group Blockchain Solution with IBM3.10.27 Chitkara University Blockchain for E-Documents3.10.28 UBS Expands Blockchain in China3.10.29 IBM China and UnionPay Permissioned Blockchain Network3.10.30 IBM and Beijing Energy-Blockchain Labs Use Blockchain for Carbon Trading3.10.31 European Central Bank and Japan Central Bank Explore Blockchain3.10.32 OneCoin Enhanced Blockchain3.10.33 Sompo Japan Use Blockchain for Catastrophe and Weather Derivatives3.10.34 Tech Bureau and Zaif Bitcoin Exchange3.10.35 Hitachi and BTMU Utilize Blockchain to Bank Check3.10.36 Senegal National Digital Currency3.10.37 Singapore Blockchain for Electronic Payment System3.10.38 Accenture and Digital Asset Holdings Blockchain Practice3.10.39 RISE Financial Technologies Post-Trade Blockchain Technology3.10.40 VISA to Introduce Blockchain-Based Solution for Payment Services3.10.41 Chain Inc. Released Open Source Blockchain Protocol3.10.42 Colu and Blockchain-Based Currencies3.10.43 DigitalX Partnership with Telefonica3.10.44 Eris Industries Partners with Ledger Improve Blockchain Hardware Security3.10.45 Monax Industries Partnership with Ledger for Blockchain Hardware Security3.10.46 German Central Bank, Deutsche Bundesbank Blockchain Trading Prototype3.10.47 UK Trials Blockchain Welfare Payment System3.10.48 Santander Blockchain for International Payments3.10.49 Electron Ethereum Blockchain in UK Energy Sector3.10.50 Bank of Russia Tests Masterchain3.10.51 GoCoin Merges with Ziftr3.10.52 Tunisia National Payment Platform3.10.53 Digital Asset Acquired Elevence3.10.54 NASDAQ Blockchain in Private Market with Chain Inc.3.10.55 AlphaPoint Blockchain Tool for Banks

4.0 Blockchain Market Dynamics4.1 Market and Technology Drivers4.1.1 Increased Blockchain within Traditional Financial Institutions4.1.2 Digitization for Improved Service Realization and Error Prevention4.1.3 Cloud-based Service Delivery Models4.2 Challenges and Opportunities4.2.1 Security Issues4.2.2 Regulation and Governance4.2.3 Mergers and Acquisitions

5.0 Blockchain Market Case Studies5.1 Blockchain Asset Management and Real Estate Case Study5.2 Blockchain Case Study for Government in the UAE5.3 Honeywell Aerospace creates online parts marketplace with Hyperledger Fabric5.4 SGX Used Amazon Managed Blockchain for an Innovative Payment Solution5.5 Zug Digital ID Case Study5.6 ING Group: KYC System on Blockchain5.7 Streamlining Efficiency in Logistics with IoT Blockchain5.8 Palm Oil Industry Case Study Using Blockchain and IoT

6.0 Blockchain Market Outlook and Forecasts 2023 - 20286.1 Global Market Forecast 2023 - 20286.2 Blockchain Markets by Solution 2023 - 20286.3 North America Blockchain Technology Markets 2023 - 20286.4 Europe Blockchain Technology Markets 2023 - 20286.5 Asia Pacific Blockchain Technology Markets 2023 - 20286.6 Middle East & Africa Blockchain Technology Markets 2023 - 20286.7 Latin America Blockchain Technology Markets 2023 - 2028

7.0 Blockchain Vendor Analysis7.1 21, Inc.7.1.1 Company Overview7.1.2 Recent Development7.2 Accenture7.3 Abra, Inc.7.4 Alphapoint Corporation7.5 Amazon7.6 Baidu7.7 Bitfury Group7.8 Blockchain Global Limited7.9 BlockCypher, Inc.7.10 Bloq7.11 BTL Group (Blockchain Tech Ltd.)7.12 Interstellar, Inc.7.13 Circle Internet Financial Limited7.14 Coinbase7.15 Coinfirm Ltd.7.16 ConsenSys Systems7.17 Credits7.18 Dell Technologies7.19 Deloitte Touche Tohmatsu7.20 Digital Asset Holdings7.21 Digitalx Ltd.7.22 DMG Blockchain Solutions7.23 Earthport (Visa)7.24 Factom Inc.7.25 Fidelity Investments7.26 Global Arena Holding, Inc.7.27 HP7.28 Holo7.29 HyperLedger7.30 IBM Corporation7.31 Intelygenz7.32 IOTA7.33 Libra Services, Inc.7.34 Linux Foundation7.35 Microsoft Corporation7.36 Monax7.37 NASDAQ7.38 Overstock7.39 R37.40 Ripple7.41 ShoCard (Ping Identity)7.42 TenCent

8.0 Conclusions and Recommendations

For more information about this report visit https://www.researchandmarkets.com/r/5m7zsi

About ResearchAndMarkets.comResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

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Is The AI Revolution An Open Door For small Tech? – The Drum

Web3 hopefuls dream of a revolution, bringing decentralization and other power shifts. Is it small techs time to shine? For our AI and web3 deep dive, we asked seven experts from The Drum Network.

Recently, retailer Lush announced intentions to enter the web3 space while spurning big tech providers. A smart brand move or an early signal of a much-hoped-for decentralization coming from web3 technology? Only time will tell. For the time being, we asked a panel of experts whether opportunities for small tech players are opening up, or whether the established players are managing to own the revolution.

Rebecca Sykes, associate partner, The Brandtech Group

While tech can be a winner-takes-all sector, no one should feel victorious if the AI we champion does not reflect the society we deserve to live in. Generative AI has recently amazed many with its apparent magic, but we must not let the thrill of exploring its capabilities distract us from recognizing its biases.

Let's champion the tech making the excitement around generative AI an inflection point that empowers, not marginalizes. Examples? MissJourneys generative AI alternative creates artwork exclusively of women, celebrating female professionals if you ask the more mainstream platforms to visualize a professional, less than 20 percent of the results are women.

Hugging Faces open-source DiffusionBiasExplorer, meanwhile, lets users combine descriptive terms and see first-hand how AI models map them to racial and gender stereotypes.

Its important that the big tech AI race that promises to propel society into the future doesnt simply deliver the same things as in the past. Smaller tech companies will have a huge role to play in preventing that.

Justin Wallace, senior creative technologist, Momentum Worldwide

Web3 offers a new level of ownership ownership of data, identity, digital assets and privacy. But theres a huge problem. The barrier to entry right now is too high for most people to take advantage of those benefits.

Before service entities like Google ruled the web, it was companies like AOL that held the crown. Companies that provided access were synonymous with how the internet was changing our lives. Web3 is going to be the same. Meta is scrambling to be that usher. People dont want a road paved by a company. People want to chart that course collaboratively. People want authenticity over anything. Open access to a new and thriving community will bring more innovation than any tech company past its darling days.

Oliver Budgen, chief executive officer, Bud Comms

Small techs recent wins seem to have catalyzed an acceleration in big techs rollout of competing AI solutions. Big tech may also end up helping to propel small tech forward. The spate of layoffs at Google, Meta and Amazon will likely create a wave of newly unemployed engineers and leaders who have the vision, skills and motive to go on to create their own disruptive technologies, with the speed and agility advantages of a startup.

ChatGPT has deservedly snatched the headlines as the case study of a relatively lean company creating disproportionately world-changing innovation, but others are having just as much impact.

MidJourney is a great example of an AI-powered image generation technology that will transform the creative industry and probably deserves as much attention as ChatGPT. By now its likely youve already seen ad creative made by a computer without realizing it. This is going to have significant ethical implications for the industry at large.

Paige Power, client partner, Kepler EMEA

With so much swirling around the metaverse, web3 and AI, its only natural for more brands to be taking a stance on decentralizing away from tech giants. While theres so much temptation to be the first pushing decentralization, its important to not enter too soon or do it for the sake of being able to say you are doing it.

Web3, the metaverse and AI are about people having more ownership and control over the digital landscape. As businesses, creating real purpose behind their approach will be what separates those who really make an impact in entry, versus those who disrupt progress. We have to value history, like when traditional media channels were the dominant force. Businesses that successfully moved into the digital space didnt simply switch to digital for the sake of it.

Continuing to be a consumer first means leveraging emerging businesses, but also understanding that the tech giants will also have a place in the ecosystem.

John Campbell, managing director, Rabbit & Pork (part of the Tipi Group)

Speech recognition and speech synthesis are two of the core technologies behind Siri, Alexa, AI, and captions on YouTube.

These technologies allow Alexa to understand your speech, and they can create the voices used for automated messages found in call centers. As you would expect, Google Cloud, AWS and Microsoft Azure are all major players in this market. However, these providers tend to cater to the masses in terms of the speech they recognize and the voices they generate. This has led to specialist companies launching for untapped niches.

Niche providers include SoapBox Labs specializing in recognition for childrens voices; Speechmatics has coverage of 48 languages and can deploy on-premises, something the larger providers dont currently offer. Speechly can perform moderation which identifies profanity and hate speech. Well Said Labs produces synthetic voices, in real-time, which are more lifelike than larger providers, and in a wider range of accents.

Alistair Robertson, creative partner, Nucco

AI will revolutionize customer experience by driving personalization and engagement through the roof.

Just look at Chat.D-ID, the almost human personalized assistant. Or what Duolingo is planning with AI tutoring.

It wont be long until many of our interactions with brands (especially DTC and retail) use this type of personalized functionality.

Take your weekly click-and-collect grocery order: instead of navigating the polished but faceless e-commerce site, you just speak to an AI assistant who can tell you when theres an appointment, notes down your order, can offer you suggestions based on what you bought last week and what you might be missing and wishes you a cheery goodbye. All at your own convenience.

Henry Daubrez, chief exec and chief creative officer, Dogstudio/Dept:

There are a few AI tools that are less visible but can help with defining your own models without hardly any technical knowledge. This can mean avoiding legal issues, but also building your own design style.

Leonardo AI is already an interesting contender, with a vertical solution allowing you to go through the different steps of a project. AI tools can generate an entirely new line of products by reducing coding time from weeks to hours, and costs from thousands to hundreds. When combined, these elements create a whole new creator economy.

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Tim Draper sings a Bitcoin song dedicated to SVB and world governments: PBW 2023 – Cointelegraph

American venture capital investor and entrepreneur Tim Draper took the master stage at Paris Blockchain Week 2023 to give his keynote speech on The Decentralization of Everything, which he ended with a self-composed Bitcoin song.

The speech opened by touching on the general distrust of cryptocurrencies primarily Bitcoin (BTC) from centralized governments. I think they are absolutely panicking right now, he said.

Draper particularly angled his thoughts through the lens of the recent Silicon Valley Bank (SVB) crisis, which he called a crisis of trust.

However, according to the investor, a smooth transition out of these latest bank failures will not be likely under the current leadership in the United States. He signaled the recent remarks against cryptocurrencies stemming from the White House.

His whole speech boiled down to his belief that an inevitable change is coming stemming from decentralized financial tools like Bitcoin, calling it a drumbeat that keeps coming and coming.

He continued by saying that weak leaders will be revealed by those who resist it. Whereas strong leaders embrace it and are looking for this change. He concluded his speech with a three-minute song, which he wrote and performed.

According to Draper, the song was written four years ago but is more relevant than ever today. It touched on Satoshi, Bitcoin, banks, governments and the want for a new world order.

Related:Paris Blockchain Week 2023: First day of the Summit kicks off

Before he began, he dedicated the song to SVB and all the banks that have failed and will fail.

The song got a round of applause from the audience, as well as the panelists who followed Draper on the master stage.

He concluded his time by saying blockchain, Bitcoin and smart contracts are making up one of the greatest transitions in the history of the world, and it should be embraced.

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Tim Draper sings a Bitcoin song dedicated to SVB and world governments: PBW 2023 - Cointelegraph

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Cultural affairs agency moves only some of its offices to Kyoto | The … –

In a move long planned, the Agency for Cultural Affairs has relocated half its divisions from Tokyo to Kyoto as part of the effort to decentralize the government and empower local communities.

The relocation is the largest move ever of administrative functions out of Tokyo and the result of a plan originally made in 2016 to move government organizations out of the capital.

The relocation marks a fresh start for the agency and gives Kyoto a key role in supporting arts and culture, Prime Minister Fumio Kishida said on March 26 atthe new offices opening ceremony in the ancient capital.

Kyoto representatives lobbied hard for the agency to move there, saying that given the citys history, it can support the nations cultural heritage.

The relocation of central government ministries and agencies is something that has never been done in the past, said Shigeru Ishiba, then minister in charge of revitalizing local economies, in 2016 to emphasize the significance of the move.

However, the governments decentralization initiative, meant to revitalize regional economies, has seen only limited success so far.

Only three government organizations have moved their offices from Tokyo to elsewhere and only partly.

For example, while the Agency for Cultural Affairs six divisions (with about 390 officials) relocated to Kyoto, the other seven (withabout200 members) remain in the capital.

The original plan from 2016 said the entire agency would be relocated.

The Kyoto divisions include those in charge of religious matters and cultural properties, including those on the UNESCO World Heritage list.

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All Centralized Firms Are AlikeBut Every DAO Is Decentralized in Its Own Way – Decrypt

Decrypting DeFi is Decrypt's DeFi email newsletter. (art: Grant Kempster)

Just as DAOs find more traction in the industry, so too have a series of different tools to measure how decentralized autonomous organizations stack up alongside one another.

Now the question emerges: What makes one DAO better than another?

Sure, you can use the size of their treasury as a metric, but its also important that an autonomous organization is also decentralized, something one may crudely measure by determining the number of token holders.

Then theres voter apathy and the myriad ways one measures how active those token holders actually are.

Even the number of token holders is a splotchy metric. Wallet addresses dont equal the number of users one for one; oftentimes one user can have multiple wallets, each of which may be holding tokens for the same project.

If one person, with 150 different wallets, holds 60% of a tokens supply across all those wallets, is a project really decentralized?

Its sort of like measuring the quality of various democracies around the world; its super messy and theres clearly no one right answer.

Some DAOs maximize for decentralization, trustlessness and transparency. Others will focus on efficiency, with a focus on a sufficient decentralization to avoid capture or control, Snapshots head of growth Nathan van der Heyden told Decrypt. Worst than that, some start off as the first, and then become the second, and vice-versa.

To make clearer how difficult it is to rank DAOs, let's look at a few examples.

According to OpenOrgs, Uniswap currently has a treasury of $2.5 billion. Much farther down the list is Decentraland, with a treasury of $88,666. If we flip over to DeepDAO, a convenient data dashboard for DAO data, Uniswaps community has posted just 124 proposals. Conversely, Decentralands community has made roughly 2,000 different governance proposals.

A high number of proposals certainly seems like evidence that a community is highly-active in stewarding the projects direction. But if those proposals fall outside the scope of what a DAO can actually do to influence a project, then it doesnt really matter.

The Web2 equivalent would be something like spam mail; just because youre firing off emails doesnt mean you're actually being productive.

Finally, beyond measuring how active or large a DAO is, one need also be mindful of whether the communitys votes are actually being effectuated.

Last Summer, for example, TribeDAO took some flak on crypto Twitter after it announced it would be doing a revote on a very sensitive subject after its community had already voiced their wishes. This is a surefire route to kill voter enthusiasm.

Arbitrums newly-formed DAO has thus implemented self-executing votes, which means that as soon as a change is voted on, it will be pushed directly on-chain.

Ultimately, its quite the spectrum. DAOs come in all shapes and sizes, some optimizing for one metric while others optimize for another.

And some projects may only care about one thing.

For some DAOs, the price of the token can be a good representation of how well theyre achieving their mission, Snapshots van der Heyden told Decrypt.

Decrypting DeFi is our DeFi newsletter, led by this essay. Subscribers to our emails get to read the essay before it goes on the site. Subscribehere.

Stay on top of crypto news, get daily updates in your inbox.

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