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Billionaire says he has 10% of his money in Bitcoin and Ether – CNNMoney

April 20, 2017 | Author: admin

"Ten percent of my net worth is in this space," Novogratz said at a forum held at the Harvard Business School Club of New York Wednesday. He declined to say exactly how wealthy he is, but he's a former hedge fund manager at Fortress Investment Group and a Goldman Sachs partner who made the Forbes billionaire list in 2008.

It's the "best investment of my life," Novogratz said.

Bitcoin was worth under $500 a year ago. Today the digital currency trades at over $1,200. Back in 2013, Novogratz predicted Bitcoin's value would soar. He remembers people laughing at him at the time.

Since then, Bitcoin's price has been on a wild run. It surged to nearly $1,000 in late 2013 and then fell to under $250 in 2015. It started to fly again last year, around the time of the Brexit vote. It surpassed $1,000 in January of this year again and has kept climbing.

Now Novogratz is saying Bitcoin will go to $2,000.

But he also warned the Harvard Business School Club crowd that there will "likely be a bubble" in digital currencies. The best way to handle it, he argues, is the old Wall Street trick of diversification. Put a little money in a lot of different plays in digital currency.

Related: What is Bitcoin? Read CNN's explainer

For example, Novogratz was also an early investor in Ether. It's another digital currency that has quickly emerged as the No. 2 rival to Bitcoin. Novogratz says he bought Ether when it was trading for about $1. Today it's worth over $48.

Novogratz met Vitalik Buterin, the young Russian brainchild behind Ether at a dinner party at a prominent CEO's home. He recalls that Buterin, then 21, showed up late, which struck him as shocking -- and a bit ballsy. He figured it was worth paying attention to Buterin.

Ether is a currency with a "smart contract" function that gives users additional security and abilities to transfer information in addition to monetary value.

We're witnessing the "3rd inning" of this digital asset revolution, Novogratz predicts. He's not exactly sure how it will play out, but he plans to continue investing in digital currencies and Blockchain, the revolutionary technology behind the scenes that makes Bitcoin work.

Blockchain is literally a digital ledger to record and track transactions. What makes it so technologically advanced is that multiple companies or parties can access the Blockchain and see the history of what happened to an asset.

Related: Yext: The newest $1 billion tech company

Novogratz has emerged as one of the biggest Wall Street cheerleaders of Blockchain, but his bets haven't always gone so well. He exited Fortress in 2015 after the company shut down his Marco Fund for poor performance. It lost around 20% in its final year after his investments in emerging markets, especially Brazil, tanked.

"We have had an extremely challenging two years, and I do not believe the current environment is conducive to achieving our best results," Novogratz said at the time.

CNNMoney (New York) First published April 20, 2017: 12:44 PM ET

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Billionaire says he has 10% of his money in Bitcoin and Ether - CNNMoney

The Rise And Fall Of Bitcoin (And The New Kid On The Blockchain) – Forbes

April 20, 2017 | Author: admin

Forbes

The Rise And Fall Of Bitcoin (And The New Kid On The Blockchain)
Forbes
Disclaimer: I'm an avid crypto-enthusiast, advocate, supporter and former trader. I used to be an avid trader years ago, and my co-founder is as hardcore of a crypto-anarchist as they come. I would love nothing more than for bitcoin to succeed, but I ...

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The Rise And Fall Of Bitcoin (And The New Kid On The Blockchain) - Forbes

6 Cryptocurrencies You Should Know About (and None of Them Are Bitcoin) – Entrepreneur

April 20, 2017 | Author: admin

In the 21st century, money is no longer limited to bills, coins and credit cards. In fact, some money is truly international -- not owned by any particular government -- and regulated by the people instead of a central entity. It also exists wholly on the internet. This type of money is called cryptocurrency.

You may have heard of or even used Bitcoin when it first became popular several years ago, but where Bitcoin used to rule, other cryptocurrencies are now being used to pay back family members for lunch, charge customers for products and services and make other everyday transactions. As an entrepreneur, its important to keep an eye on the most commonly-used cryptocurrencies. Here are six I think you should know about.

Rather than competing with Bitcoin like many other cryptocurrencies, Ethereum complements it; while the Bitcoin blockchain network tracks ownership of its own currency, the Ethereum blockchain runs programming codes for its users applications. People use Ethereum to create custom (but trustworthy) crowdfunding platforms, autonomous online organizations and even their own cryptocurrencies. Because these applications are decentralized, they can only be built in the Ethereum network.

Though Ether, the network's money,wasnt made to be used for everyday payments, anything of value can be traded for products and services; as a result, many developers use it to pay for each others help in building applications.

However, most online stores that accept cryptocurrency do not take Ether.

Related:11 Ways to Make Money While You Sleep

If Bitcoin were gold, Litecoin would be silver. Litecoin works just like its more popular counterpart, but its worth a little less -- there are 21 million total Bitcoin in existence and 84 million Litecoin. Litecoin are easier to mine and quicker to move from person to person due to its faster block generation. It is perhaps the least intimidating cryptocurrency for those who are new to exchanging money online: Litecoins wallet can be downloaded fromthe official Litecoin website, and its fully encrypted to prevent accidental spending and computer viruses. This is a super simple network for those who need to move smaller amounts of money fast.

While other cryptocurrencies avoid banks, Ripple embraces them. In fact, Ripple was made for banks, as it allows them to make faster, low-cost, on-demand global payments of any size. Traditional cross-border transactions require banks to go through an intermediary (or often several), which delays completion. Ripple offers a faster and more direct alternative. When a bank customer in the US wants to send a payment to a different bank customer in China, for example, Ripple immediately queries both banks for their transaction fees and makes the transfer in a matter of minutes. It even updates both customers ledgers right away so they can view their balances following the transaction. This unique cryptocurrency enables banks to offer new and improved payment products, and it simplifies regular transactions for consumers around the world.

Related:Habits of the World's Wealthiest People (Infographic)

Though Dash can be used for transactions between consumers, it was made for shopping. Think of Dash as a replacement for PayPal. Many merchants accept Dash just as they do USD, but the transaction is faster -- you dont have to wait a day or two to see the payment charge to your account. Like any other cryptocurrency, you can buy Dash using government-regulated currency and keep it in a designated Dash wallet until youre ready to spend it at a compatible merchant. You may even consider adding your own business to the merchant map!

If you want to maximize your confidentiality, this cryptocurrency is for you. Zcash has been dubbed the first zero-knowledge cryptocurrency with its ability to shield the identities of all senders, recipients and values. Each transaction is fully encrypted, so users can enjoy the advantages of a public blockchain without offering up private information. Many view Zcash as a more confidential version of Bitcoin.

Related:5 Habits of the Wealthy That Helped Them Get Rich

Monero is another excellent cryptocurrency option for those concerned about their privacy. This currency was designed to give individual users full control over their money; with Monero, you are your own bank. Transactions are selectively transparent, meaning you decide who can and cant see where your money is going. Crises faced by banks and governments wont affect your assets or compromise confidential information. Finally, like many cryptocurrencies, Monero is decentralized and community-built -- over thirty developers have directly contributed to Monero so far.

If your business doesnt use any of these cryptocurrencies already, you may want to start incorporating them soon. When it comes to online financial transactions, cryptocurrencies like the ones above have quickly started to give PayPal, Stripe and other payment systems a run for their money.

Cryptocurrency transactions arent validated by a central entity, meaning there are no bank or platform fees associated with payments -- just optional, minute fees (one percent or less) that speed up the transaction. You also dont have to wait nearly as long to receive cryptocurrency as you may with traditional money.

Again, a cryptocurrency'smost important feature might be that it'struly international; no particular government owns or regulates it. This means there are no fees for payments that cross borders, and the transaction works the same no matter where you or the other party are located.

The only major disadvantage to cryptocurrency is the need to sell it for USD (or any other government currency). However, this process closely imitates the way youd transfer PayPal funds to your checking account.

Matthew Toren is a serial entrepreneur, mentor, investor and co-founder of YoungEntrepreneur.com. He is co-author, with his brother Adam, of Kidpreneurs and Small Business, BIG Vision: Lessons on How to Dominate Your Market from Self-Made E...

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6 Cryptocurrencies You Should Know About (and None of Them Are Bitcoin) - Entrepreneur

Moradeyo: We Want to Close the Knowledge Gap on Crypto Currency – THISDAY Newspapers

April 20, 2017 | Author: admin

In Asia, Europe and the Americas, Cryptocurrency trading has become a way of life, but that is not the case in Nigeria and other African countries. In this interview, the Chief Executive and Principal Consultant,Crypto Plus Certified, Mr. Peter Ayoade Moradeyo tellsNdubuisi Francisthat his company is poised to close the knowledge gap with the ultimate goal of enlisting Nigeria on the global cryptocurrency exchange. Excerpts:

What is a good way to concisely explain Bitcoin, block chain and crypto currencies?

The success story of Crypto currency dates back to 2009, during the financial breakout, when Bitcoin was formed on blockchain technology. Bitcoin was first introduced in Asian countries and gradually to Europe, US etc. It is needful to clarify however, that the blockchain technology is not the same thing as Bitcoin; the relationship between them is only that Bitcoin is deployed on the blockchain technology. Interestingly, Bitcoin seems to be more popular today than the platform on which it stands. Now, there are two things which distinguish Crypto currency from the normal currencies. The first is that it is finite. It has a fixed number that can be taken off and immediately that happens, its value shoots up and we all know that anything that can finish naturally increases in value as it is being taken up. So, as the world gradually adopts cryptocurrency, the available number reduces and value automatically drives upwards, causing it to grow dynamically in value. That explains why Bitcoin has been able to grow like that since 2009. The second thing is that cryptocurrency has intrinsic value or what some call store of value. Let me explain it this way: each copy of a coin is an address, a location on the blockchain. When one address belongs to a person, that address cannot belong to another person in any part of the world. This is unlike the fiat counterpart where any money reading on a persons bank account means that the bank owes the account holder to the tune of the said amount, but not necessarily that that money is the account holders to cash at any time. This is why sometimes the banks would tell an account holder that they do not have enough cash to complete a transaction. The case of the blockchain is different because the value is intrinsic and better preserved.

What is the function of CryptoPlus Certified?

Since 2009, Bitcoin and several other alt coins have been coming up. Alt coins are referred to as alternative coins to Bitcoin which is the first and most popular of them all. At a point, we realised there was an opportunity where Bitcoin and other coins can relate in value;there is value relativity between them. So, we started by trading Cryptocurrency. I can recall that sometime in 2015, there was an upsurge of certain Ponzis in Nigeria. Nigerians sustained the following of Ponzis until it became almost endemic. Unfortunately, very few Nigerians knew about the very essence of the medium of transfer which Bitcoin was during the transaction of these Ponzis. Bitcoin was only used because it did not need a third party like banks to facilitate a transaction between the Ponzis and their victims. So, the Ponzis took advantage of their patronage, cashing in on the anonymity of transaction which was part of the features of cryptocurrency. What was supposed to have been an advantage became a disadvantage because of the ignorance of Nigerians. Someone needed to educate Nigerians appropriately as to what cryptocurrency really meant and what disruption it was meant to address. So, we now came up because before now, we had a deep background on its trading. We decided to reappraise the image of Cryptocurrency as it were in Nigeria. Also, at several conferences we have been all over the world, we realised that Africans are non-existent on several cryptocurrency trading platforms. Just like we have the Nigerian Stock Exchange with several companies trading on its platform, there are also several participating bodies that trade value among us. The sad thing here is that Africans are non-existent on any Cryptocurrency exchange whether in US, Asia or Europe. This is also true when one considers Cryptocurrency graph. The Asians are up there; Europe and America are there too, but Africa is non- existent. Our function at Crypto Plus Certified is basically to close the knowledge gap so that people can take advantage available and then Nigeria can be enlisted on what we call the global Cryptocurrency exchange. We trace the current state of Crypto currency trading to slowness of adoption. The federal government is yet to adopt a framework for the implementation of blockchain that can give rise to participation. Several countries have done that but for some reasons it has not happened in Nigeria.

You have a dream to raise and establish 1,000 Nigerians on the Poloniex Exchange. What is the implementation plan put in place to achieve this and why the choice of Lagos, Abuja and Port Harcourt?

We need to make it clear that Nigeria is a country with many opportunities. We also need to state that Bitcoin came into Nigeria with a wrongly perceived image, and on the wrong platform. So, our first goal is to take the responsibility to repair that image, and then reappraise the benefits and enlist Nigeria as a participator in the normal trading of Cryptocurrency. In order to achieve that, we launched what we called, Dream 1000. It is all about trading on Poloniex which is the largest Crypto exchange in America and we are currently working with them on releasing a mobile platform strictly for Nigerians and it will work as an arbitrage with our own exchange which will come from Germany. We want to work as an arbitrage so that they will trade on our own platform via the mobile interface. Nigerians can be taught on how to trade this currency easily, and our strategy is very unique because the mobile application is actually enhanced to be able to reduce all the variables of trading system. Since we launched the Dream 1000 recently in Lagos, we have had some of our students who were able to distinguish themselves with the level of knowledge we passed to them and they are going to show Nigerians that we are serious about what we are here to do. We have this oncyptopluscertified.org.

How has the response been like?

I grew up in Nigeria before I decided to relate with other countries for business reasons. One thing I know about Nigerians is that they respond to results. So, the first thing we want to identify is, we want to be able to have people who have had results and that is why all the events we have done, we have been showcasing people that distinguished themselves, those that we gave the knowledge and they applied it and got results. We want to be inspired by results and not just belief.

Can Bitcoin be regulated? What about Bitcoin and taxes?

Those conversant with information coming out of cryptopluscertified would have noticed that Nigeria is currently on a discourse on how to regulate Cryptocurrency trading based on several frameworks. I have several write ups regarding this. Cryptocurrency trading as it were is decentralised and this is why the banking system cannot operate it. It is decentralised because of its nature. For instance, Bitcoin as it were, does not have a management interface and that is why the regulation has not been somewhat forthcoming. But it is found to be very secured and has ability to store values. That has been the reason for all the enquiries on how do we have a framework for a kind of currency that has thus kind of features? Sometimes, it takes time, but individuals are working and several people have stored values on it and exchanged it with another. The US is an example where Poloniex is operating. So looking at it more objectively, the regulatory framework and the operational climate go hand in hand but they can be mutually exclusive.

Bringing it to a laymans understanding, what are the advantages of Bitcoin and how does Bitcoin work?

In a laymans way, I would like to use the similitude of changing one currency to another, for instance. If you have some Naira notes and you want to change to Dollar, knowing the exchange rate that relates one to the other will be very helpful. Now to a layman if I bring my Naira and want to buy a Dollar, I will change the Naira to a Dollar based on the foreign exchange rate agreed between the person selling the Dollar and myself. Now imagine where you have the Bureau de Change in the middle and you have the buyer, that is, the demand, on one side and the supplier on the other side; that is the way it works. The person at the middle collects commission from two persons. The buyer sells at a price based on demand and supply. So, if the demand is higher than supply, the price is likely to go up. If Im able to read that the demand and price for a thing I bought and own have gone up and I sell it, now the difference between what I bought and what I am selling now that the price has gone up is my own profit. That is the basic analysis of how it works.

Demand for Cryptocurrencywhat are your training modules like? The fee, process and duration?

Training is 30 days and we have a huge demand for it and because of this, we have set up world class training hubs in the three geopolitical zones Lagos, Abuja and Port Harcourt. So, demand is already there. We have a structure that accommodates different levels of trading the strategic portfolio building and robotics. Our modules cover; Introduction to Cryptocurrency Trading CPC 101 Cryptocurrency Masterclass Advanced Trading CPC 102 Trading Engaging Robotics CPC 103 People are already aware of what Cryptocurrency is; it will be wrong for us to say that people are not aware of it. The only thing is that there is a knowledge gap on how to use it and take advantage of the value in it, and that is what we are trying to close up.

Is there any risk attached to Cryptocurrency Is Bitcoin legal? And how secure is Bitcoin?

The idea of trading Cryptocurrency and the national legal framework is mutually exclusive. Trading on Cryptocurrency can be done when someone knows how to handle it. The reason for the legal framework is to protect the participators because when there is no third party that puts power in the hands of those that know the Whats and Hows. Bitcoin is safe and this knowledge is out there. You are your own bank. Records are protected by mathematical laws and are irreversible. The Blockchain technology protects its addresses and have histories on an open ledger, and is always available and transparent for anyone to confirm.

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Moradeyo: We Want to Close the Knowledge Gap on Crypto Currency - THISDAY Newspapers

A Beginner’s Guide on How Cloud Backup With Amazon S3 Works – Cloudwards

April 20, 2017 | Author: admin

Amazon S3 may stand for simple storage service but figuring out how to get started with it can seem anything but. Thats mostly due to the fact that S3 was designed to help developers build cloud-computing tools and is just one of about 70 different services included in the Amazon Web Services (AWS) platform.

During this guide, well give you a quick overview of how storage with Amazon S3 works and how to set it up. Well also show you how you can build your cloud storage and backup strategy around S3 with minimal work using friendly integration software like that developed by CloudBerry Labs.

Among cloud storage services, few have as many data center regions 14 around the world as Amazon S3. Thats because Amazon S3 is built on the same infrastructure used by the Amazon.com shopping platform.

The advantage of being able to choose a region near you is that it decreases latency, which translates to faster transfers to and from the cloud. A second key advantage of using S3 is that youre only charged for what you use. That helps make S3 much more scalable than many other cloud storage options, like Backblaze B2.

Before you get started setting up S3, youll want to understand the fees, of course. The nice thing is that youre only charged for what you use, which helps control costs. At the same time, not understanding how charges are accrued can lead to some unpleasant surprises.

Amazon charges both a flat per gigabyte storage and a usage rate for various transactions. The rates vary by region but not much, except in South America where theyre around double.

Heres a look at the U.S. East (Virginia) rates:

Standard and standard infrequent access are two different storage classes offered by S3. Storage classes let you control costs even more by reducing base storage rates for data you dont need to access often.

Theres a third S3 storage class called reduced redundancy storage which decreases the number of copies of your data stored. Plus, theres a separate cloud storage service called Amazon Glacier thats designed for archiving and disaster recovery.

For usage charges, any uploads to Amazon S3 are free. Retrievals are charged per gigabyte per month:

Amazon also charges usage for other transactions, although if youre just using S3 for sync or backup, youll never need to worry about them.

With that out of the way, lets set you up with Amazon S3.

To get started with S3, head to the AWS console page and click the sign in to the console button.

Youll be redirected to the login page where you can either sign in or create an AWS account. If you already have an Amazon.com account, you can just login with those credentials.

Now that youre logged into AWS, you need to find S3 from among the 70 plus services available. You can browse the listings under all services to find it under the storage heading, or just type S3 into the search bar at the top of the page.

Youll be sent to the S3 management console, where you can set up your cloud storage by creating a storage bucket.

With AWS, by default, any account can create up to 100 cloud storage buckets. If you need more, you can submit a service limit increase request.

Click the create bucket button to get started.

Youll be asked to enter a name for you bucket and select a region.

Any name you enter must be unique, meaning accounts held by others cant have the same name. Also, Amazon enforces DNS-compliant naming conventions in all areas except for the U.S. East region.

Here are the DNS-compliant naming rules according to Amazon:

The region you select will determine which data center your bucket is kept in. Choose a region close to you for faster speeds.

Once youre done, click the next button to set up your bucket properties.

There are three key properties you can set now or later:

Next up, you can set permissions to allow others to read or write to your S3 bucket.

Permissions can be set for both objects and object permissions. Objects are files or folders. Object permissions enable or disable read and write capabilities of the access control list (ACL), which lets others control permissions, too.

The final step is simply a review of everything youve set.

If everything looks good, click create bucket.

Now that your bucket is created, you can start storing data in it. Back on your S3 homepage, clicking on your new bucket will let you do that.

Youll be redirected to an interface for managing your bucket with four tabs at the top: objects, properties, permissions and management. For the moment, well stay on the objects tab.

Click on the get started button at the bottom of the tab. A pop-up window will open that will walk you through the upload steps.

The first step requires that you click the add files button. You can then browse your file system to find and upload files.

You can only upload one file at a time and cant upload folders. So, the process is going to be slow going if you manage your S3 cloud storage this way. Well address this issue shortly, so stick with us.

The next step lets you set permissions and is identical to step during the bucket creation process. Step three is to set properties.

The storage class property lets you change your bucket from standard, to standard-inactive, to reduced redundancy.

Encryption lets you choose whether or not Amazon encrypts your data at rest in the cloud. There are two options: an S3 master key or an Amazon KMS master key. KMS is Amazons key management service. For a cost, it lets you created and manage your own encryption keys for added security and compliance reasons.

Click on next to review your settings before uploading your content by clicking the upload button. The process should be pretty quick. We measured speeds between 1MB/s and 1.5MB/s, which is better than most cloud storage services.

Back on the main page, you can also create folders under the objects tab to organize your cloud storage space.

Once youve got data stored in S3, you can adjust the properties and permissions you set at any time by visiting the tabs for either category.

The properties tab includes a few additional elements youll want to be aware of. These include static website hosting, event monitoring and data copying across different Amazon S3 regions.

A fourth tab called management includes options for life-cycle management. Life-cycle management lets you automatically transfer data from one storage class to another. For example, transferring files from standard storage to Amazon Glacier, which is used for archiving.

You can also set data to delete automatically. Both transfer and delete transactions can be configured to happen based on a set of rules you define.

The management tab also hastools for analytics, metric and inventory.

While setting up Amazon S3 buckets turns out to be pretty easy, after all, having to backup one file at a time isnt going to work for most people. Unlike typical cloud storage and cloud backup services, theres no way from within the S3 console to automatically sync or backup multiple files. Thats where good third-party software comes in handy.

You can find software for both home and office use of varying degrees of cost, performance and features. Well use perhaps the most recognized, and a personal favorite, developer as an example: Cloudberry Labs.

Cloudberry Labs produces three different types of software that integrate with Amazon S3:

We wont go into depth on these the capabilities of these tools here, but lets take a quick look at how easily they integrate with S3 using CloudBerry Box as an example. If youd like more information, check out our CloudBerry Backup review.

Once you install and start CloudBerry Box, it sets up a sync folder on your desktop called CloudBerryBox. You can connect that sync folder to S3 (or another storage service) via the desktop app.

With Amazon S3, you need to generate keys to activate this connection. Back in the AWS portal, click on your account name on the top-right side and select my security credentials from the drop-down menu.

On the next page, click on the line for access keys.

Click on the create new access key button. This will generate both the access key ID and secret access key you need to connect CloudBerry Box to Amazon S3. Once you close this screen, you wont be able to retrieve your secret key again. You can download a key file if you want for safeguarding.

Input the keys in the respective fields in the CloudBerry Box application. Then select the cloud storage bucket you want to connect to in the bucket name field.

To check the connection, hit the test connection button.

Thats all there is to it. Going forward, anything put in the CloudBerryBox sync folder should upload to the cloud. The same basic approach will let you connect Cloudberry Explorer, CloudBerry Backup and similar services to S3.

Amazon S3 probably isnt going to be the solution most home consumers will want to go with. $0.023 per gigabyte per month for storage equates to $23 per terabyte. Meanwhile, cloud storage services like Sync.com give you 2TB of storage for $8 per month. Cloud backup services like CrashPlan give you unlimited backup for $5.99 per month.

However, S3 has its uses, particularly for entrepreneurs, developers and businesses looking for more flexibility, features and scalability. While the service isnt quite as easy to set up as some consumer options, the added perks you get by integrating it with powerful third-party software like CloudBerry make it worth the effort.

Wed love to hear about your own experiences setting up Amazon S3 and what third-party tools you use to streamline your storage process. So, feel free to let us know in the comments below. Thank you for reading.

Making the Leap to Space-Based Cloud Storage | @CloudExpo #Cloud #Storage #Telecom – SYS-CON Media (press release)

April 20, 2017 | Author: admin

The Need for Speed - Making the Leap to Space Based Cloud Storage

Enterprises and governments rely upon the timely transfer of mission-critical information to keep their projects and operations flowing smoothly. To do so requires a complex chain of communications hubs working efficiently, and even when they are working optimally, there can still be seconds of lag time between communications. That may not seem like much, but being able to get information a second faster than the competition (or the enemy) can make a huge difference.

Current technology, which can require multiple hops and interchanges through terrestrial networks, slows information down while at the same time exposing it to monitoring and manipulation along the way. Even the most efficient cloud network requires third-party data centers to replicate globally to provision worldwide offices effectively.

What if data could be securely transmitted from a single corporate network hub to any location worldwide in less than a second? The solution to this problem will be found through new space-based data center technology, creating a telecom backbone around the globe. Such a network will allow data to flow freely around the world without restriction and without fear of interception, enabling CIOs to virtually provision any remote office in less than one third of a second, regardless of proximity, without any latency, jurisdictional or cybersecurity issues.

Applications at the Speed of Space New technologies have been designed that can provide an independent space-based network infrastructure for cloud service providers and their enterprise and government customers to experience secure storage and provisioning of sensitive data around the world. By placing data on satellites that are accessible from everywhere via ultra-secure dedicated terminals, many of today's data transport challenges will be solved. Space-based storage offers a convenient solution to the issues of both security and jurisdiction while offering unprecedented transit speed.

Organizations and government entities already enjoy the communications benefits of the satellites ringing the earth. Using the technologies that would enable space-based cloud storage, they can enjoy even faster and more secure communications and offer services that would not otherwise be possible.

Space-based network infrastructure will expedite point-to-point delivery drone audio and video. At present, there is a latency of more than two seconds in the delivery of real-time drone video. Like driving a car with a two-second blinder, maneuverability and agility are constrained. Using a sky-based telecom system, latency will be reduced to less than one second.

The space-based network would expedite 4K HDTV between two live audiences. Currently, studios employ parlor tricks to mimic live two-audience interaction, and video error correction must be applied at each server stop in both directions to meet the studio's demanding 4K HDTV specifications. Using a space-based system, latency would be reduced to about one second and require just one video error correction at the end. Studios would be enabled for true live audience interaction - a major market differentiator.

Expedited live video delivery would also become a reality, and video streaming services would be able to bypass congested, expensive networks.

Cloud service providers will be able to sell services without adding more capital or operational expenditures for competitive expansion, including:

The Final Storage Frontier As cloud migration enjoys widespread adoption, many organizations find that their shared storage space creates congestion and downtime. Reduced speed creates logistical hurdles for live video and other data types. However, by removing the multi-hop system currently in place, space-based storage and transmission offers the speed that public and private organizations need for their mission-critical data.

@DevOpsSummit atCloud Expo taking place June 6-8, 2017, at Javits Center, New York City, and is co-located with the 20th InternationalCloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world.

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The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long development cycles that produce software that is obsolete at launch. DevOps may be disruptive, but it is essential.

@DevOpsSummit will expand the DevOps community, enable a wide sharing of knowledge, and educate delegates and technology providers alike. Recent research has shown that DevOps dramatically reduces development time, the amount of enterprise IT professionals put out fires, and support time generally. Time spent on infrastructure development is significantly increased, and DevOps practitioners report more software releases and higher quality. Sponsors of@DevOpsSummit will benefit from unmatched branding, profile building and lead generation opportunities through:

For more information on sponsorship, exhibit, and keynote opportunities, contactCarmen Gonzalez by email atevents (at) sys-con.com, or by phone201 802-3021.

The World's Largest "Cloud Digital Transformation" Event

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Sponsors ofCloud Expo /@ThingsExpo will benefit from unmatched branding, profile building and lead generation opportunities through:

For more information on sponsorship, exhibit, and keynote opportunities, contactCarmen Gonzalez (@GonzalezCarmen) today by email atevents (at) sys-con.com, or by phone201 802-3021.

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All major researchers estimate there will be tens of billions devices - computers, smartphones, tablets, and sensors - connected to the Internet by 2020. This number will continue to grow at a rapid pace for the next several decades.

With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend@CloudExpo |@ThingsExpo, June 6-8, 2017, at the Javits Center in New York City, NY and October 31 - November 2, 2017, Santa Clara Convention Center, CA. Learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.

Delegates toCloud Expo /@ThingsExpo will be able to attend 8 simultaneous, information-packed education tracks.

There are over 120 breakout sessions in all, with Keynotes, General Sessions, and Power Panels adding to three days of incredibly rich presentations and content.

JoinCloud Expo /@ThingsExpo conference chair Roger Strukhoff (@IoT2040), June 6-8, 2017, at the Javits Center in New York City, NY and October 31 - November 2, 2017, Santa Clara Convention Center, CA for three days of intense Enterprise Cloud and 'Digital Transformation' discussion and focus, including Big Data's indispensable role in IoT, Smart Grids and (IIoT) Industrial Internet of Things, Wearables and Consumer IoT, as well as (new)Digital Transformation in Vertical Markets.

Financial Technology - or FinTech - Is Now Part of the @CloudExpo Program!

Accordingly, attendees at the upcoming 20thCloud Expo /@ThingsExpo June 6-8, 2017, at the Javits Center in New York City, NY and October 31 - November 2, 2017, Santa Clara Convention Center, CA will find fresh new content in a new track called FinTech, which will incorporate machine learning, artificial intelligence, deep learning, and blockchain into one track.

Financial enterprises in New York City, London, Singapore, and other world financial capitals are embracing a new generation of smart, automated FinTech that eliminates many cumbersome, slow, and expensive intermediate processes from their businesses.

FinTech brings efficiency as well as the ability to deliver new services and a much improved customer experience throughout the global financial services industry. FinTech is a natural fit with cloud computing, as new services are quickly developed, deployed, and scaled on public, private, and hybrid clouds.

More than US$20 billion in venture capital is being invested in FinTech this year.@CloudExpo is pleased to bring you the latest FinTech developments as an integral part of our program, starting at the 20th International Cloud Expo June 6-8, 2017 in New York City and October 31 - November 2, 2017 in Silicon Valley.

@CloudExpo is accepting submissions for this new track, so please visitwww.CloudComputingExpo.com for the latest information.

Speaking Opportunities

The upcoming 20th International@CloudExpo |@ThingsExpo, June 6-8, 2017, at the Javits Center in New York City, NY and October 31 - November 2, 2017, Santa Clara Convention Center, CA announces that itsCall For Papers for speaking opportunities is open.

Submit your speaking proposal today! Here

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About SYS-CON Media & EventsSYS-CON Media (www.sys-con.com) has since 1994 been connecting technology companies and customers through a comprehensive content stream - featuring over forty focused subject areas, from Cloud Computing to Web Security - interwoven with market-leading full-scale conferences produced by SYS-CON Events. The company's internationally recognized brands include among othersCloud Expo (@CloudExpo),Big Data Expo (@BigDataExpo),DevOps Summit (@DevOpsSummit),@ThingsExpo (@ThingsExpo),Containers Expo (@ContainersExpo) andMicroservices Expo (@MicroservicesE).

Cloud Expo, Big Data Expo and @ThingsExpo are registered trademarks of Cloud Expo, Inc., a SYS-CON Events company.

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Making the Leap to Space-Based Cloud Storage | @CloudExpo #Cloud #Storage #Telecom - SYS-CON Media (press release)

Microsoft Invades the Cloud With Israeli Mega-Storage Service, Cloudyn – LearnBonds

April 20, 2017 | Author: admin

TechCrunch

Microsoft Invades the Cloud With Israeli Mega-Storage Service, Cloudyn
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Cloudyn is a start-up that is making headway in the realm of cloud services. Cloudyn operates primarily from, Tel Aviv. Cloudyn makes its mark in the remote services segment by analyzing and optimizing the cloud storage and cloud services used by ...
Report: Microsoft may buy cloud monitoring startup Cloudyn for $50-70MTechCrunch
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Microsoft Invades the Cloud With Israeli Mega-Storage Service, Cloudyn - LearnBonds

How mobile cloud computing infrastructure enables modern workers – TechTarget

April 20, 2017 | Author: admin

Smartphones and tablets have little value in the workplace if they can't access corporate data and applications. Mobile cloud computing infrastructure makes it easier for IT to provide this access.

Today's IT admins face the challenging task of managing the countless amount of mobile devices that connect to enterprise networks every day. Find out how to eliminate the most common mobile data security pain points and pitfalls in this complimentary best practices guide.

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Traditional enterprise applications are designed for Windows PCs that store data locally and on network file shares. The most popular mobile devices run Apple iOS and Google Android, which means they're incompatible with Windows applications. They also have much less storage capacity than PCs and can't easily access network drives.

Mobile cloud computing infrastructure acts as a bridge between the old and new ways of doing things. In doing so, it enables workers to be productive from anywhere on any device. Some of the most important cloud technologies for mobile organizations include enterprise file sync and share (EFSS), mobile backend as a service (MBaaS) and desktop and application virtualization.

EFSS services let IT control users' sharing privileges and track access to specific files.

EFSS services emerged from the consumer market. Users turned to the public cloud for a place to store files, access them from multiple devices and share them without having to deal with cumbersome email attachments. As more people brought their mobile devices to work, they began storing corporate data in these consumer-grade services with no IT oversight.

EFSS aims to provide that same level of user-friendly functionality along with IT management and security features. Most services offer a mobile app and a web interface through which users can upload files to the cloud, share them with others and open them with compatible productivity applications, such as Microsoft Word. This approach opens up corporate data access to a much wider variety of devices.

Of course, more access means more security concerns. EFSS services let IT control users' sharing privileges and track access to specific files. And some providers offer an on-premises or private cloud version for additional peace of mind.

EFSS does the trick when a mobile user needs to access a specific file. But other times, a mobile app needs constant access to large amounts of corporate data. Developers and IT professionals can use MBaaS to build this access directly into an app.

Traditionally, it's complex to develop a native mobile app that ties into back-end systems. It requires significant manual coding, and any changes on the back end can break things on the front end. Developers must deal with these issues for each system that an app needs to access, so scalability is a significant problem.

MBaaS aims to simplify the process. It abstracts the back-end infrastructure and presents a singular, unified interface in the cloud. Developers then connect their apps to the MBaaS using APIs and software development kits, and the service handles the connections to the desired infrastructure components.

Virtualization and mobility have a complicated relationship. On one hand, running Windows desktops and applications in a data center and delivering them to mobile devices is a relatively straightforward way to get legacy software on modern endpoints.

On the other hand, Windows is made for a keyboard and mouse, neither of which mobile devices have -- making for a subpar user experience. And don't forget the cost and complexity often associated with VDI.

On that last point, the cloud has emerged as a viable alternative. Desktop as a service lets organizations take advantage of a virtual desktop infrastructure's benefits, while a third-party provider handles the storage and support infrastructure. Similarly, applications as a service lets users access individual virtual apps through the cloud.

There is no one right way to use mobile cloud computing infrastructure to enable workers. Many organizations will rely on a combination of EFSS, native mobile apps, desktop and applications as a service and more.

To accommodate this variety, vendors in the end-user computing market now offer workspace suites -- bundles of technology that provide one place for workers to access all the applications and data they need from any device. Workspaces are still in their early days, and they require a good amount of integration work to live up to their promise. If they succeed, they will truly unlock the power of the mobile cloud.

What does mobile cloud mean?

What's the best cloud approach for mobility?

Do you need MBaaS to develop mobile applications?

Continue reading here:
How mobile cloud computing infrastructure enables modern workers - TechTarget

IBM Reports 20th Straight Quarterly Revenue Drop, While Cloud Computing Grew 33 Percent – CRN

April 20, 2017 | Author: admin

IBM reported the 20th straight quarter of year-over-year revenue declines Tuesday as the company said that sales in its first quarter ended March 31 were down 2.8 percent, despite sales gains in the vendor's cloud services and other "strategic imperative" products and services.

The company's stock dropped nearly 5 percent in after-hours trading on the news of the financial results, which significantly missed financial analysts' revenue expectations.

IBM reported total revenue of $18.16 billion for the quarter, down 2.8 percent from $18.68 billion in the first quarter of 2016. That fell short of the $18.39 billion Wall Street analysts had been expecting, according to Thomson Reuters.

[Related: From A Partner Program Perspective, IBM Says Its Cognitive Transformation Is Already Complete]

Net income for the quarter was $1.75 billion, down 13 percent from $2.01 billion one year ago. GAAP earnings per share were $1.86 compared to $2.09 one year ago.

IBM emphasized the first-quarter growth in its strategic imperatives including cloud computing (up 33 percent to $3.5 billion), analytics (up 6 percent), mobile (up 20 percent) and security (up 9 percent) product and service offerings.

"In the first quarter, both the IBM Cloud and our cognitive solutions again grew strongly, which fueled robust performance in our strategic imperatives," said President and CEO Ginny Rometty in a statement. "In addition, we are developing and bringing to market emerging technologies such as blockchain and quantum, revolutionizing how enterprises will tackle complex business problems in the years ahead."

Strategic imperatives have generated $33.6 billion in revenue over the last 12 months, according to IBM. In the first quarter, they generated $7.8 billion in sales, representing 42 percent of the company's total revenue.

But IBM's challenge is that revenue from its older legacy businesses and product lines is declining, even as it spends resources to ramp up the new products and services.

Most of the company's business segments recorded revenue declines during the quarter. Global Business Services was down 3 percent to $4.01 billion from $4.13 billion one year before; Technology Services & Cloud Platforms was down 2.5 percent to $8.22 billion from $8.42 billion one year earlier, and Systems was down nearly 17 percent to $1.40 billion from $1.68 billion one year ago.

The Cognitive Solutions segment did see growth in the quarter, up 2 percent to $4.06 billion from $3.98 billion one year earlier.

On an earnings call with analysts, Chief Financial Officer Martin Schroeter said IBM had seen good growth in the company's Watson services for vertical industries, such as financial services, health care and life sciences, as well as Watson in technology areas like security. "We also had good growth in Watson IoT," he said.

But new product and service development have increased IBM's spending, holding down profitability. "We continue to invest in our strategic imperatives and build out our practices around cognitive, cloud, mobile and digital design," Schroeter said. "Over the last year, we've added nearly 8,000 resources to these businesses. There also continue to be accounts where we are investing more to deliver on important client commitment."

IBM is expecting profitability to improve in the second half of 2017, Schroeter said. The CFO cited new systems products the company will bring to market, lower development costs associated with those products, the expected signing of some significant Global Technology Services contracts, and expected growth in Global Business Services revenue.

Kentucky Derby Horses | Cloud Computing – The Courier-Journal

April 20, 2017 | Author: admin

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Eight tips to fake it 'til you make it. Allison Ross/Wochit

1 of 31

What you need to know about Thunder 2017. Rachel Aretakis/Courier-Journal

2 of 31

The Derby that followed the infamous Triple Crown run by Secretariat set records and introduced a 1970s fad to the infield. Mary Ann Gerth/CJ

3 of 31

Going to Churchill Downs for the Kentucky Derby? There's no proof you experienced the greatest two minutes in sports unless you take a selfie. And there's five that you must take at the track. Wochit

4 of 31

Looking to save some cash at the 2017 Kentucky Derby? We've got you covered. Taylor Riley/Wochit

5 of 31

A look at the entertainers and politicians who land in Louisville in early May, and a peek at legendary Derby Eve parties. Mary Ann Gerth/CJ

6 of 31

The Oaks Lily was created in 2006 as a partner to the Kentucky Derby's Mint Julep. Bailey Loosemore/Wochit

7 of 31

Chef David Danielson and his team will prepare an official menu for 22,000 people in premium seats at Churchill Downs. Bailey Loosemore/CJ

8 of 31

Not all juleps must be Mint Juleps. Here's how to make one with basil. Wochit

9 of 31

It's the Courier-Journal's most requested photograph -- a finish-line photo of the 1933 Kentucky Derby, showing the on-horse duel between two jockeys. Mary Ann Gerth/CJ

10 of 31

Fashion, comfort must blend together for a successful Derby outing. Wochit

11 of 31

Here are a few tips to help you avoid getting ripped off during the Kentucky Derby season. Wochit

12 of 31

It's common knowledge that tickets to Oaks are less expensive than Derby. But how much less? Kirsten Clark/The CJ

13 of 31

Even if you don't burn easily, take precautions against skin cancer. Wochit

14 of 31

Tips and advice for getting to and from Churchill Downs for Oaks and Derby. Matthew Glowicki/Wochit

15 of 31

Men, it's easy to be classy at the Derby. Just take this guy's word for it. Wochit

16 of 31

Louisville chefs give tips on getting into the most popular restaurants after the Kentucky Derby. Bailey Loosemore/Wochit

17 of 31

The Kentucky Derby's official drink was actually first created in the 18th century. Wochit

18 of 31

The Kentucky Derby winner's trophy for Derby 143 arrived at Churchill Downs on Wednesday. Here's a few facts about the unique trophy Michael Clevenger

19 of 31

Christine Moore, milliner at Rodes for Her, holds nothing back when she talks about hats and offers tips.

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A landmark piece of sports journalism, The Kentucky Derby is Decadent and Depraved, was written in 1970 by Louisville native Hunter S. Thompson, and illustrated by Ralph Steadman. It was published in the short-lived Scanlan's Monthly magazine. James Bruggers/CJ

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Looks from the Macy's 2017 Kentucky Derby Festival Spring Fashion Show. Madeleine Winer/The CJ

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Future Cardinals, Wildcats and Hilltoppers took the court Saturday night at Freedom Hall at the 2017 Kentucky Derby Classic Festival showdown. Marty Pearl, Special to CJ

23 of 31

Highlights from the Kentucky Derby Festival Classic Night of Future Stars at the IU Southeast gym in New Albany, Indiana.

24 of 31

This dapper bow tie designer rocks his 'Best' look Taylor M. Riley

25 of 31

The Courier-Journal's Kirby Adams breaks down what all comes with a KDF Pegasus pin. Scott Utterback/CJ

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Kay Erickson is the woman who puts the gold Kentucky Derby Festival pins into the envelopes for the past 10 years Wochit

27 of 31

Meet the five new princesses that will make up the Royal Court for the 2017 Kentucky Derby Festival. Scott Utterback/The CJ

28 of 31

Kirby goes to the KDF headquarters for the announcement of the theme for Thunder Over Louisville 2017. Video by Jeff Faughender

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Designer Ron Jasin talks about his start and his design of the KDF poster. Matt Stone, The C-J

30 of 31

Kirby Adams introduces you to the newly crowned KDF 2017 Royal Court! Video by Jeff Faughender

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How to act like a Derby insider

Thunder Over Louisville 2017: What to know

The wild ride that was the 1974 Kentucky Derby

5 selfies you need to take Derby day

How to save at least $75 on Derby Day

Celebs bring the bling to Kentucky Derby

History of the Oaks Lily

Official menu for the 143rd Kentucky Derby

How to make a julep

'Fighting Finish' | Kentucky Derby 1933

What to wear - and not to wear - to the Kentucky Derby 2017

Don't get scammed during Derby season

Derby 101 | How much more expensive is Derby?

Sun protection tips for the Kentucky Derby

Getting to Kentucky Derby: Tips and advice

6 easy tips for dressing for the Kentucky Derby

Have a drool-worthy Derby

History of the Mint Julep

Kentucky Derby Trophy 101

A few hat tips for Kentucky Derby 2017

What Hunter S. Thompson thought about the Kentucky Derby

2017 Kentucky Derby Festival Fashion Show, presented by Macy's

Future college stars face off at the KDF Classic 2017

Highlights: KDF Classic Night of Future Stars

This dapper bow tie designer rocks his 'Best' look

What do you get with the KDF Pegasus pin?

Kay Erickson: The Kentucky Derby Festival gold pin lady

Continued here:
Kentucky Derby Horses | Cloud Computing - The Courier-Journal

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Making the Leap to Space-Based Cloud Storage | @CloudExpo #Cloud #Storage #Telecom – SYS-CON Media (press release)

Microsoft Invades the Cloud With Israeli Mega-Storage Service, Cloudyn – LearnBonds

How mobile cloud computing infrastructure enables modern workers – TechTarget

IBM Reports 20th Straight Quarterly Revenue Drop, While Cloud Computing Grew 33 Percent – CRN

Kentucky Derby Horses | Cloud Computing – The Courier-Journal

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