May.08

May 8, 2018
0 evisioncorp

Coinbase Alert: Amazon Is Coming

Coinbase Alert: Amazon Is Coming

amazon, coinbase – 

Coinbase Alert: Amazon Is Coming

Amazon is to the 21st century what Walmart was to the 20th century.  Slowly, Amazon is putting its imprint onto more and more areas of business.  Already AMZN is one of the world most valuable companies worth more than $725 billion.  Their sheer size allows them to go wherever they want. Last year’s jumbo acquisition of Whole Foods is a good example.

From these moves, it is clear that Amazon intends to avoid becoming the “one trick pony” that its rival Apple has succeeded in becoming.  That means that Amazon must forever be searching for giant technology centric markets. Cryptocurrency may be on the horizon.

Just yesterday the U.S. Patent Office issued # 9,947,033 to Amazon for software titled Streaming Data Marketplace.  CNBC first reported the headlines.  Here are some direct excerpts from the patent application:

Streaming analytics technologies hold the promise of making vast volumes of data available in a low latency fashion. However, while prior technologies may be able to provide data in a low latency fashion, the raw data may have low value (or have less valuable than the data could have) until the raw data is enhanced by correlating the raw data with additional data, such as by matching records using common values.

One example is a data stream that publishes or includes global bitcoin transactions (or any cryptocurrency transaction). These transactions are completely visible to each participant in the network. The raw transaction data may have little meaning to a customer unless the customer has a way to correlate various elements of the stream with other useful data.

For example, a group of electronic or internet retailers who accept bitcoin transactions may have a shipping address that may correlate with the bitcoin address. The electronic retailers may combine the shipping address with the bitcoin transaction data to create correlated data and republish the combined data as a combined data stream.

A group of telecommunications providers may subscribe downstream to the combined data stream and be able to correlate the IP (Internet Protocol) addresses of the transactions to countries of origin. Government agencies may be able to subscribe downstream and correlate tax transaction data to help identify transaction participants.

 

Translating Into English

 

Amazon filed this patent back in 2014 so it is obvious that cryptocurrencies were not the only application they had in mind for their Streaming Data Marketplace.  That doesn’t change the fact that crypto has evolved in value to over $300 billion and adoption of bitcoin by Amazon would be a major legitimizing force in the whole crypto movement.

The one big thing standing in the way of acceptance of a large number of relatively small value transactions is liquidity (speed) and Amazon vendors profits could be enhanced or completely wiped out by crypto volatility.  Before getting all excited, the Streaming Data Marketplace would need to address this issue.

Without trying to get into the techno garbodigook, one way to address the problem would be for Amazon to create their own massive crypto exchange that not only provided low latency transactions but serve as yet another Amazon service.  Just using the Amazon name would bring enormous credibility.

 

The Value Of the Data

After reading through the patent, it is obvious there are many applications to be developed. Helping regulators may be one of those. Here is what the patent application states.

For example, a law enforcement agency may be a customer and may desire to receive global bitcoin transactions, correlated by country, with ISP data to determine source IP addresses and shipping addresses that correlate to bitcoin addresses.  The agency may not want additional available enhancements such as local bank data records.

 

Good Or Bad For Bitcoin (And Others)

Is having all of the additional data available to law enforcement and other regulators a good or bad thing?  After all, doesn’t this take away all the anonymity that attracted so many to cryptocurrencies in the first place?

There are arguments on both sides of this issue but I think the benefits are worth some consideration.  The biggest is that if Amazon and all of its vendors have a mechanism in place to accept payment in bitcoin, this is a huge plus.  The day this happens eBay and virtually every other online merchant will get with the game. And let’s remember we are talking about far more than just bitcoin.  The downside is that if you have obtained your crypto from some questionable activities or wish to maintain your anonymity, stay away from online shopping.

 

Source: hacked.com

Tech

Jul.04

July 4, 2013
0 Juan Garcia

Tiny robots crawl through mouse’s stomach to heal ulcers

Tiny robots crawl through mouse’s stomach to heal ulcers

By Timothy Revell

Tiny robotic drug deliveries could soon be treating diseases inside your body. For the first time, micromotors – autonomous vehicles the width of a human hair – have cured bacterial infections in the stomachs of mice, using bubbles to power the transport of antibiotics.

“The movement itself improves the retention of antibiotics on the stomach lining where the bacteria are concentrated,” says Joseph Wang at the University of California San Diego, who led the research with Liangfang Zhang.

Learn more about the future of robots: See our expert talk at New Scientist Live

In mice with bacterial stomach infections, the team used the micromotors to administer a dose of antibiotics daily for five days. At the end of the treatment, they found their approach was more effective than regular doses of medicine.

The tiny vehicles consist of a spherical magnesium core coated with several different layers that offer protection, treatment, and the ability to stick to stomach walls. After they are swallowed, the magnesium cores react with gastric acid to produce a stream of hydrogen bubbles that propel the motors around. This process briefly reduces acidity in the stomach. The antibiotic layer of the micromotor is sensitive to the surrounding acidity, and when this is lowered, the antibiotics are released.

 

Suppress stomach acid

Without this reduction, antibiotics and protein-based pharmaceuticals can be destroyed before they do any good. This mechanism means that drugs normally used to treat bacterial infections, such as ulcers, normally have to be taken alongside proton pump inhibitors that suppress gastric acid production. Long-term use of proton pump inhibitors can lead to some nasty side effects including headaches, diarrhoea, fatigue and even anxiety or depression. So being able to use tiny vehicles instead is a big step forward.

After 24 hours, the stomach acid of the mice returned to normal levels, and as the micromotors are mostly made of biodegradable materials, they were dissolved by the stomach, leaving no harmful residues.

Read more: Tiny robots swim the front crawl through your veins

“It’s a really nifty and impressive application. Micromotors are still new, but their impact will be big,” says Thomas Mallouk at Pennsylvania State University.

Samuel Sanchez at Max Planck Institute for Intelligent Systems says the new work is “pushing the field of micro-motors forward” and shows the benefits of using micromotors over traditional approaches.

The next steps are to look at a larger animal study, followed by eventual trials in humans. “There is still a long way to go, but we are on a fantastic voyage,” says Wang.

Journal reference: Nature Communications, DOI: 10.1038/s41467-017-00309-w

Medical microbots

Micromotors have huge promise in many different areas. Earlier this month, for example, researchers demonstrated that they could be used to propel drugs through the blood-brain barrier. Most drugs never make it from the bloodstream into the brain – the blood-brain barrier is just too good at its job. However, by using micromotors fuelled by glucose, the team increased penetration by 400 per cent. This could have big implications for treating diseases like Parkinson’s or Alzheimer’s.

The tiny vehicles also look like they will be effective for neutralising biological and chemical weapons like sarin gas. Normally, large machinery is required to help mix the neutralising compounds in a way that renders the weapons useless, but this machinery is often not available in the field. Wang found that using around 1.5 million micromotors – about 15 millilitres’ worth, was as effective as using a clunky mechanical mixer.

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