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In a joint initiative with Google and Udacity, Bertelsmann, the international media, services and education company, is inviting the people 18 and older to apply for its “Udacity Data Science Scholarship Program,” in which the company will provide 15,000 three-month Udacity online courses in descriptive statistics.
The class, Intro to Descriptive Statistics, is billed as a starting point for further studies in data science and machine learning. The course requires five to ten hours a week of study and work over three months. The top 10%, or 1500 students, will be awarded one three Nanodegree programs: Data Foundations, Business Analyst, or Data Analyst.
The scholarships are part of a joint initiative by Bertelsmann, Google, and Udacity to promote digital skills both in Europe and globally. The companies announced a total of 75,000 scholarships last year. Mariya Gabriel, EU Commissioner recognized the project with a “European Digital Skills Award” for Digital Economy and Society in December.
Bertelsmann, which owns media properties around the world, including Penguin Random House, Gruner + Jahr, BMG, is funding this initiative to help address the shortage of workers with these skills. According to Bertelsmann’s CEO Thomas Rabe, “Bertelsmann is becoming more and more digital, so promoting digital skills is one of our top priorities. Data Science is particularly important for many of our digital businesses, and we are very pleased to be offering 15,000 scholarships. Together with our partners Google and Udacity, we are thus attempting to counter the shortage of specialists in the technology sector.”
Udacity is a venture-backed educational organization that is the outgrowth of the free computer science classes that Stanford offered in 2011, which over 100,000 people took. Udacity founder and president Sebastian Thrun describes their mission: “At Udacity, we partner with top employers like Google, Amazon and Facebook to build our Nanodegree programs, credentials backed and built by industry and designed to prepare students for the jobs of tomorrow.” He adds: “Together with Bertelsmann, we’ve now created an online learning pathway that opens up countless career opportunities. The global demand for qualified employees with advanced data analytics skills has never been higher, and successful graduates of our program will emerge job-ready in the field.”
Interested persons can apply now at www.udacity.com/bertelsmann-data-scholarships. The application window closes on April 22, 2018. Scholarship recipients will be selected in May 2018, and start the online course shortly thereafter.
Depending on their prior knowledge of statistics, mathematics and computer science, participants should plan on investing between 5 and 10 hours per week over a period of three months. The course is designed for both beginners and advanced students. At the end of the first phase of the scholarship program, the top 1,500 students can go on to earn a full Udacity Nanodegree credential, either in “Data Foundations,” “Business Analyst,” or “Data Analyst.”
Regulation is quickly becoming a hot topic in the crypto-world.
The unregulated, “Wild West” environment of the crypto market left investors wide open to fraudsters, scammers, and shady firms out to make a quick buck.
The technology of blockchain and Bitcoin is here to stay. But to bring value to investors, it’s going to need tighter rules and more responsible companies with their eyes on the future.
The crypto market, worth $450 billion, won’t disappear overnight. The next step will be figuring out how to establish rules, expectations and regulations for making the market work smoothly.
This is a blockchain company that can do it all: mine coins, diversify investment in a variety of different crypto-currencies, and navigate the crypto marketplace.
But KASH is going a step further: it’s working on proprietary methods and new technologies to make compliance with new regulations easier.
At a time when state agencies are cracking down on the free-for-all within the crypto world, KASH is set to making earnings from crypto-currencies regulation.
Here’s five reasons to take a strong look at Hashchain Technology Inc.:
#1 Order to Chaos
Last year, Bitcoin and blockchain was on everyone’s mind. The value of crypto-currencies was shooting through the roof, and everyone wanted in on the action.
Major papers ran multiple stories trying to explain what cryptos were, how the blockchain worked to facilitate crypto transactions without middle-men, and investors were offered dozens of opportunities to buy into new cryptos through initial coin offerings (ICOs).
Now, the view is a bit different.
Governments, banks and investors are all worried that the frenzy over Bitcoin and other cryptos was fed by fraud.
South Korea and China began considering bans on crypto mining, which is immensely energy-intensive and difficult to monitor. South Korea specifically wants to start licensing crypto-currency exchanges to bring trading under closer surveillance, in order to prevent fraud.
Authorities in the U.S. are worried about crypto-currencies being used to launder money, and want investors to start ponying up their taxes.
The crypto-currency Bitcoin has been accused of acting as a Ponzi scheme. Coinbase, the popular crypto market hub, has even been subpoenaed by the IRS to get information on its customers.
Both political parties have now called for tighter crypto regulations.
While a full ban on mining isn’t being seriously considered, it’s certain that the crypto marketplace is going to come under greater control in the coming months and years.
#2 The KASH Way
Hashchain Technology Inc is ready.
The company sees regulation of crypto-currency as the logical next step for the industry, and it’s taking steps to meet the new business conditions.
The company, which began as a crypto-currency miner, has acquired the assets of Node40, a blockchain technology and accounting software firm, for $8 million and stock consideration. The acquisition indicates KASH (TSX:KASH.V; OTC:HSSHF) is diversifying beyond its mining strategy.
The Node40 software, called Balance, reports transactions from major crypto-currency exchanges. Individuals on the blockchain trigger taxable events when they buy and sell crypto, but until now, no one was charting these events in a way that ensured regulatory transparency. The potential for fraud was huge.
With Balance at its disposal, KASH is providing tools to investors and regulators to account for transactions, providing up-to-date information on the crypto marketplace.
“The acquisition of the NODE40 Business,” said CEO Patrick Gray in the company’s press release, “is an important next step of creating a global blockchain technology company.”
Regulation is the company’s “niche,” and it’s what makes KASH “different from everyone else,” Gray told Oilprice.com.
#3 Mining for Crypto Gold
The company currently has 870 rigs, with further acquisitions set to bring KASH to a total of 8.4 MW of crypto-currency mining capacity by the end of Q2 of this year.
What does it mean to “mine” bitcoin? Well, companies like KASH use massive amounts of computer processing power to verify bitcoin transactions, and gets paid in new “coins” which can then be bought and sold on the crypto market.
Even with the booms and busts in the price of Bitcoin, the profits from crypto mining can be immense.
Where gold mining only yielded an 11 percent return last year, investment in certain crypto-currencies can yield returns as high as 20,000 percent.
And KASH doesn’t put its eggs all in one basket. The company plans to diversify its crypto-mining operation, from the major coins like Bitcoin, Dash and Ethereum to a host of smaller coins, which have the potential to bring significant returns.
That means that KASH can profit from the market, regardless of the ups and downs, and as mining difficulty increases for any particular crypto, the company plans to maximize profits by shifting its mining power to different types of crypto-coins.
When KASH scales up from its humble beginnings, it has plans to be one of the biggest crypto mines in the business. And its close appreciation of regulation means it’ll be in an excellent position to work with government agencies who may start cracking down on the more undisciplined crypto firms.
With a small market cap, KASH could be set expand quickly.
#4 Quality Leadership
CEO Patrick Gray has already achieved tech success: his first start-up was sold to Xerox for $220 million. He was a recipient of Business Review’s “40 Under 40” award and he’s raised millions in start-up capital from investors.
Behind Gray, who provides the strategic vision for the company, there’s CTO Sean Ryan, co-founder of NODE40 and a blockchain expert. CCO George E. Kveton is a “lifelong dealmaker” with 20 years of experience in Fortune 500 companies. He’s signed deals in Israel, China and Silicon Valley.
The team at KASH aren’t the millennial millionaires who caught the media’s attention when Bitcoin took off last year – these are professional tech innovators, blockchain specialists and crypto-currency insiders who are taking the crypto revolution to the next stage, and are doing so in a responsible way.
#5 The Next Stage in Currency Evolution
While the price of Bitcoin may have dipped, the crypto-currency revolution has only just begun.
Investors learned that crypto-currencies are super volatile, prone to dramatic booms and busts, and offer plenty of opportunity for fraud.
But that hasn’t stopped innovators from continuing to develop the market. Branded corporate coins are starting to take off, and blockchain technology has been introduced in real estate, banking and shipping.
There are signs that even Wall Street is taking crypto-currencies more seriously. The price of Bitcoin, which sank below $6,000, has now jumped back above $10,000, suggesting that interest is still very strong.
Regulation won’t kill cryptos. Instead, it will make them more reliable and more secure from fraud.
The company’s acquisition of Node40 means it’s positioning itself on the forefront of the regulatory swing in the crypto market, and the company’s mining vision truly sets it aside from the competition.
KASH is prepared for the next phase, and investors should take notice.
Other companies looking to revolutionize their industries:
**IMPORTANT! BY READING OUR CONTENT YOU EXPLICITLY AGREE TO THE FOLLOWING. PLEASE READ CAREFULLY**
Certain disclosure in this release, including statements regarding the performance of the Company’s current and ordered Rigs, and expectations regarding future operations may constitute forward-looking statements. These include that KASH will dramatically increase operations, that the 5,000 Rigs will be successfully ordered and delivered, the 5,000 Rigs will perform as expected by management and the timing, installation and performance of KASH’s current and ordered Rigs will be consistent with management’s expectations; that mining capacity will increase to 8.7 MW; that KASH will utilize its committed Montana facility space and increase capacity to mine 20 MW; that KASH will hold a diverse portfolio of cryptocurrencies through mining and otherwise; and that KASH’s software can become part of a regulatory push for regulation of cryptocurrencies. The forward-looking statements in this release are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements. Such risk factors may include, among others, the risk that the 5,000 Rigs will not be successfully ordered or delivered from the manufacturer or, if delivered, not when expected by management, and the risk that the Company’s current and ordered Rigs will not perform as expected by management or that expected capacity is not achieved; that KASH may not earn cryptocurrencies through mining and may not be able to purchase them; risks related to changes in cryptocurrency prices, and the profitability of mining them; that cryptocurrencies will not increase in use as expected; the under-estimation of personnel and operating costs; that KASH will not receive required regulatory approvals for building new facilities, using power, or other aspects of its business; that cryptocurrency regulators don’t accept KASH’s accounting and other solutions; the availability of necessary financing; permitting of businesses that KASH intends to invest in; general global markets and economic conditions; uninsurable risks; risks associated with currency and cryptocurrency fluctuations; risks associated with competition offering better or cheaper solutions, attracting away employees or using tactics to drive out competition; risks associated with changes in the financial auditing and corporate governance standards applicable to cryptocurrencies; risks related to potential conflicts of interest; the reliance on key personnel; capitalization and liquidity risks including the risk that the financings necessary to fund continued development of KASH’s business plan may not be available on satisfactory terms, or at all; the risk of dilution through the issuance of additional common shares of KASH; the risk of litigation; the risk that KASH’s management and advisors may not contribute as much as expected to the company’s success; the risk and the risk that cyber-crime may severely damage the value of any or all of KASH’s investments. There may be many other factors that cause results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking information.
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A business is not an island. Businesses must be in constant communication with customers, clients, vendors, contractors, employees, partners, and more — which means businesses need comprehensive communications systems. At the beginning of the decade, communications providers began offering unified communications solutions, which brought together voice, video, instant messaging, email, and other methods into a single, synchronous service. It was a much-needed revolution in business communication.
Yet, since then, communication behavior has shifted. Technology is dramatically more advanced, and workforces are overwhelmingly mobile; traditional unified services simply no longer cover modern business communication needs.
Fortunately, this isn’t the end of unified communications solutions. The industry is shifting alongside business and consumer behavior. Read on to learn more about the future of unified communications.
Since their introduction, mobile devices have taken over the workplace. Many employers offer company mobile devices to high-ranking leaders, so they can stay connected wherever they go. Other employees have taken the initiative to gather their own mobile tech. At last count, more than 42 percent of organizations are executing a BYOD policy, but 87 percent of companies believe their employees use personal devices for work while away from the office.
Like it or not, the workplace is going mobile — and communications needs to keep up. The unified communications solutions of the future must integrate the gamut of mobile devices to be effective at uniting a workforce’s communications systems. Cisco Unified Communications Systems already allows mobile devices to access the corporate network, so businesses that place a high priority on mobile integration should consider transitioning to this progressive unified communications provider.
The cloud is spreading into every corner of business, so it should be no surprise that unified communications has caught a whiff. Most unified communications providers offer a bevy of cloud solutions — but not all of them are valuable to all businesses.
For example, startups might benefit from fully cloud-based communications, in which case it is critical that unified communications remain compatible with other business applications, like customer relationship management solutions. Meanwhile, larger enterprises with established unified communications might prefer cloud communications features that officer enhanced agility.
For businesses that have yet to connect to the cloud, unified communication systems offer an accessible entry point. As long as business leaders find trustworthy communications providers with strong, secure clouds, there is little risk in trusting the cloud for communications solutions. In fact, the cloud could be the only communications tool of the future.
Because the workforce is more mobile than ever before and because the cloud makes digital solutions simple, collaboration tools have become vital for bringing teams together to accomplish tasks. Applications like Google Docs and Slack make it easier to organize projects, brainstorm, and carry out responsibilities in groups, but without broader, more flexible communications solutions, collaboration can still be a chore.
Thus, unified communications solutions must provide collaboration options — or else be compatible with an organization’s existing collaboration systems. Already, some communications providers offer UCC, or unified communications and collaboration, which is software designed to coordinate collaborative efforts and communication tech. However, it is vital that business leaders understand the resources required by UCC solutions before attempting to add them to their communications infrastructure. UCC can place extreme stress on aging networks, causing latency, lag, and sometimes network failure. UCC might be the future, but to reach that future, some organizations might need to update other aspects of their tech architecture.
Scalability has long been an important issue associated with unified communications. However, now that the economy is booming and businesses are growing, it is especially critical that organizations equip themselves with communications solutions that will continue to serve them as they expand.
Unfortunately, many business leaders harbor misconceptions regarding scalability and unified communications. For example, plenty of leaders assume that all communications solutions are infinitely scalable. This is only true in theory; in practice, most systems have upper limits on the number of devices they can service. Businesses that invest in a solution without knowing those limits will either suffer downtime or waste money upgrading to a new system in the near future.
Any time a business considers a new solution, it must balance its current needs with its future projections. In the case of unified communications, this is especially true. The future of unified communications is upon us, and businesses should be ready to build bridges to these necessary technologies — or perish, alone, on their deserted islands.
Jackie is a content coordinator and contributor that creates quality articles for topics like technology, business, home life, and education. She studied business management and is continually building positive relationships with other publishers and the internet community .