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The department plans to revolutionize its vehicle title and transfer management system by tokenizing the more than 14 million automobiles registered in the state. It will issue vehicle titles as non-fungible-tokens (NFT) with ownership recorded on a private version of the Tezos blockchain. NFTs are digital assets that represent ownership of virtual or physical items that can be sold or traded.
“Tokenization of vehicle titles could also enable fractionalized vehicle ownership, allow holders to pledge vehicle-title NFTs as collateral in the real world or within decentralized finance (DeFi) protocols and increase liquidity on vehicle marketplaces,”
The project is seen as a first step with the potential for additional functionality, the note said. These may include the ability to record repairs within the NFT, to use stablecoins as the payment leg for “atomic title transfers” and allow vehicle-licensing agencies from other states to join the platform so they can benefit from the same efficiencies as well as producing incremental efficiencies related to cross-state vehicle sales.
The bank notes that other federal and state agencies are also looking at blockchain-based solutions. These include the Federal Emergency Management Agency (FEMA), the Department of Homeland Security and the California Department of Food and Agriculture.
Apple's mixed-reality headset will feature iris scanning to authenticate payments and log into accounts, setting itself apart from Meta's new Quest Pro headset,
Two individuals, who apparently helped develop Apple's headset, told The Information that users will be able to scan their irises to quickly log into their accounts and make payments, similar to Face ID and Touch ID – a feature first rumored by Apple analyst Ming-Chi Kuo. Iris scanning is also said to make it easier for multiple people to use the same headset and sets the device apart from the Quest Pro, which lacks any such feature.
Mastercard on Tuesday launched a program that allows retailers to offer biometric payment methods, like facial recognition and fingerprint scanning.
Users can authenticate a payment by showing their face or the palm of their hand instead of swiping their card.
The technology could one day help with the development of payments infrastructure for the "metaverse," an executive said.
The company on Tuesday launched a program for retailers to offer biometric payment methods, like facial recognition and fingerprint scanning. At checkout, users will be able to authenticate their payment by showing their face or the palm of their hand instead of swiping their card.
Mastercard has announced it’s now certified under the UK’s Digital Identity and Attributes Trust Framework (DIATF) as an identity provider.
In other words, UK organizations can now use Mastercard’s digital identity service.
By receiving certification in the UK, Mastercard can collaborate with the private and public sector to offer ID,” says Sarah Clark, the SVP of digital identity at Mastercard
Amazon did not alert its New York City customers that they were being monitored by technology that tracks their bodies’ shapes and sizes as well as their palm prints, a lawsuit filed Thursday alleges.
“To make this ‘Just Walk Out’ technology possible, the Amazon Go stores constantly collect and use customers’ biometric identifier information, including by scanning the palms of some customers to identify them and by applying computer vision, deep learning algorithms, and sensor fusion that measure the shape and size of each customer’s body to identify customers, track where they move in the stores, and determine what they have purchased,” it says.
The FBI has been running a full-scale iris-print ID service as part of its Next Generation Identification, or NGI, system for almost a year now.
The NGI Iris Service, or NGI-IS, began Sept 29, 2020 with 1.8 million iris images collected by 16 state and federal partner agencies across the country during a multi-year pilot launched in 2013. Now, Sprouse told the opening session of Fed ID’s virtual proceedings, the FBI routinely receives iris prints from four states, and others are gearing up to participate.
The U.S. Department of Commerce, during the first quarter of this year, will issue guidelines on the first proposals for the creation of the $11 billion National Semiconductor Technology Center (NSTC) aimed at restoring the nation’s leadership in the chip industry.
The effort is likened to the collaborative endeavor that created the world’s first nuclear weapons. To take innovation from lab to fab, the NSTC, which is part of the U.S. CHIPS Act, will be a public-private consortium joining government and industry, as well as academia, entrepreneurs, workforce representatives and investors.
“This is a Manhattan Project moment,” Carol Handwerker, a professor of semiconductor materials engineering at Purdue University, told EE Times in an exclusive interview.
The United States and Canada said on Friday they would work together to create a bilateral semiconductor manufacturing corridor, as International Business Machine (IBM) signaled its intent to expand in Canada.
In a joint statement, the two leaders said IBM would provide "a significant investment to develop new and expanded packaging and testing capabilities at its Bromont facility (in Quebec) as part of a Memorandum of Understanding."
IBM maintains semiconductor research and manufacturing operations in upstate New York. Last year, the company said it plans to invest $20 billion in New York's Hudson Valley region, once a manufacturing powerhouse, over the next decade to make and develop semiconductors, mainframe technology, artificial intelligence and quantum computing.
The US banking system is broken. That doesn’t portend more high-profile failures like Credit Suisse. The central banks will keep moribund institutions on life support.
But the era of dollar-based reserves and floating exchange rates that began on August 15, 1971, when the US severed the link between the dollar and gold, is coming to an end. The pain will be transferred from the banks to the real economy, which will starve for credit.
And the geopolitical consequences will be enormous. The seize-up of dollar credit will accelerate the shift to a multipolar reserve system, with advantage to China’s RMB as a competitor to the dollar.
Gold, the “barbarous relic” abhorred by John Maynard Keynes, will play a bigger role because the dollar banking system is dysfunctional, and no other currency—surely not the tightly-controlled RMB—can replace it. Now at an all-time record price of US$2,000 an ounce, gold is likely to rise further.
It’s also the most anticipated financial crisis in history. In 2018, the Bank for International Settlements (a sort of central bank for central banks) warned that $14 trillion of short-term dollar borrowings of European and Japanese banks used to hedge foreign exchange risk were a time bomb waiting to explode (“Has the derivatives volcano already begun to erupt?”, October 9, 2018).
originally posted by: nerbot
originally posted by: Thoughtful2
a reply to: nerbot
I've been watching the mostly peaceful protests in Paris. Have you any plans this weekend? Inquiring minds want to know.
How long do you think Macron can hold out? This reminds me of it won't be safe for them to walk the streets.
More Pompier joining in the protests...
I personally think this will be drawn out for a very long time with a whole bunch of excuses, false promises and ultimately a more severe kind of protest when more of the French coffers are handed out to warmongers abroad and maybe more pressure on farmers who are already sick of being controlled and used.
Protests in most cities and big towns this weekend, roadblocks and disruption for public transport, not to mention so much of the country shut down to attend protest.
Probably 3-5 million in Paris this weekend.
Plenty of reports and clips now overshadowing the corporate looping spam so some interesting locations and scenes.
I can't see Macron getting out of this. Good.
The time of meglomanic gangsters with Napoleon complexes needs to be ended once and for all and a message sent to all future leaders that YOUR JOB comes with responsibility TO THE PEOPLE WHO PUT YOU THERE, not your masters and mistresses.
"Vive La France, Vive La Revolution!"
originally posted by: socialmediaclown
The department plans to revolutionize its vehicle title and transfer management system by tokenizing the more than 14 million automobiles registered in the state. It will issue vehicle titles as non-fungible-tokens (NFT) with ownership recorded on a private version of the Tezos blockchain. NFTs are digital assets that represent ownership of virtual or physical items that can be sold or traded.
AMERICAN NEWS Mar 25, 2023
Former Obama aide died in plane accident due to controls malfunction, not 'turbulence' as previously reported
Hyde worked as the co-chair of the Aspen Partnership for an Inclusive Economy (APIE) at the Aspen Institute, a think tank located in Washington, DC.
Interesting site below
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