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IBM IBM Power Systems Technical

IBM Will use Samsung’s 7nm Tech for facts headquarters and Cloud Servers | killexams.com real Questions and Pass4sure dumps

IBM tapped Samsung to manufacture its 7-nanometer (nm) microprocessors for its excessive-conclusion records core and cloud servers.

The announcement comes as other manufactures together with Taiwan Semiconductor Manufacturing Co. (TSMC) race to convey their next-gen silicon to market — and problem Intel’s long-standing chip dominance in the records center. It additionally follows earlier rumors that IBM would use TSMC’s technology.

“After discussions with many of the vendors in their ecosystem, they determined to partner with Samsung who we’ve been working with for the past 15 years on R&D,” referred to John Acocella, VP of commercial enterprise techniques and know-how structure for IBM programs, in an e-mail.

“As a allotment of IBM’s research Alliance, IBM and Samsung helped to develop the primary 7nm watch at various chip,” he introduced.

This changed into again in 2015. on the time, the companions talked about know-how breakthroughs could influence in the skill to vicinity more than 20 billion tiny switches on the fingernail-sized chips that vigour every thing from smartphones to spacecraft. These 7nm chips (and Intel’s equal 10nm expertise) engage larger performance, lower vigor, and scaling merits compared to previous microprocessors.

7nm Race to Market

In October, Samsung began mass construction of 7nm chips. groups together with AMD, Apple, Nvidia, and Qualcomm maintain said they are going to order 7nm chips from TSMC for their items in 2019. Intel, meanwhile delayed its unique silicon except “holiday of 2019” after admitting problem establishing its processor know-how for 10nm chip manufacturing.

IBM designs its own chips and has been the use of another compress chipmaker, GlobalFoundries, to produce them. but in August, GlobalFoundries introduced it might establish on hang indefinitely its 7nm enterprise, leaving IBM in a lurch.

“We’ve been attempting to find a brand for their 7nm chips and beyond,” Acocella noted, including that IBM will nonetheless associate with GlobalFoundries on its 22nm and 14nm-primarily based techniques.

IBM Designs the Chip

IBM will continue to design the chips, and Samsung will manufacture them. “Samsung 7nm technology provides IBM with a technology aligned to assembly the immoderate performance, elevated reliability requirements imperative to meet the wants of IBM’s customers,” he pointed out. “notably, 7nm EUV technology coupled with innovative IBM microprocessor design gives you entertaining paraphernalia capabilities, together with protection and verve management.”

The infrastructure dealer will use the 7nm chips in its energy systems servers that goal hybrid cloud and vast information workloads, IBM Z and LinuxOne mainframes, its high-performance computing (HPC) programs, and its cloud choices. The enterprise plans to prance to market with the 7nm chips in its items in the 2020 timeframe, Acocella referred to.


ScyllaDB announces aid for IBM power programs for precise Time large data | killexams.com real Questions and Pass4sure dumps

nowadays true-time database enterprise ScyllaDB announced a unique Scylla enterprise liberate with optimizations for IBM vigour gadget Servers with the IBM POWER9 multi-core architecture. by passage of combining Scylla’s extremely performant, shut-to-the-hardware design with next-era IBM vigour gadget Servers, agencies can gain unique stages of performance whereas additionally decreasing the footprint, cost and complexity of their techniques.

ScyllaDB has designed a magnificent distributed database that extends the efficiency advantages we’ve brought with their multi-core POWER9 processors,” stated Tim Vincent, IBM Fellow and vice chairman of IBM Cognitive methods. “The amalgam of the Scylla NoSQL database and their verve gadget Servers permits their shared valued clientele to scale up their techniques in plot of continually scaling out, developing unique opportunities for information headquarters consolidation and cost performance.”

This integration builds upon a multi-faceted relationship between ScyllaDB and IBM. In 2016, IBM Compose began offering Scylla as a allotment of their database-as-a-carrier providing. The collaboration has considering grown to encompass extra IBM divisions, together with IBM methods (each IBM vigour programs and Z methods), IBM Cloud (together with IBM Graph as a carrier) and IBM’s inside use of Scylla to power the IBM Cloud carrier Catalog.

Scylla is an open source drop-in alternative for Apache Cassandra. It delivers scale-up performance of 1,000,000 IOPS per node, scales out to lots of of nodes, and perpetually achieves a 99% tail latency of under 1 millisecond. Scylla’s pioneering shard-per-core implementation, asynchronous architecture and auto-tuning capabilities permit agencies to instantly leverage the replete advantages of the multi-core POWER9 chip.

IBM power techniques servers are designed for mission-critical applications and emerging Cognitive term workloads together with synthetic intelligence, computing device discovering, deep researching, advanced analytics and high-performance computing. whether deployed in a private, public or hybrid cloud, power device Servers are capable of performing thousands and thousands of I/O operations per second. as a result of Scylla operates asynchronously, it's able to pick replete expertise of the pace of the POWER9 processor, driving both I/O and CPU processing in a passage that scales linearly with the number of cores on the CPU.

we're excited through the numerous developments IBM has made with its verve paraphernalia Servers,” preeminent Dor Laor, CEO of ScyllaDB. “As records volumes proceed to boost, corporations should technique more suitable workloads yet additionally retain away from introducing extra complexity into their methods. The aggregate of Scylla and IBM POWER9 delivers exceptional performance, scale, density and efficiency whereas vastly simplifying the administrative cross of vast facts systems.”

Scylla database editions with champion for IBM energy techniques can subsist create for download from the ScyllaDB website.

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IBM (IBM) Down 10.3% when you account that ultimate income file: Can It Rebound? | killexams.com real Questions and Pass4sure dumps

A month has gone by when you account that the final profits document for IBM (IBM). Shares maintain lost about 10.three% in that time frame, underperforming the S&P 500.

Will the recent indigent mode continue leading as much as its next profits release, or is IBM due for a breakout? earlier than they dive into how traders and analysts maintain reacted as of late, let's pick a quick seem to subsist at the most fresh earnings document with the intent to accept a stronger ply on the distinguished catalysts.

IBM’s Q2 consequences improvement from can suffuse cutting, lessen partake import number

IBM said third-quarter 2018 non-GAAP revenue of $3.forty two per share, which beat the Zacks Consensus appraise via yoke of cents. earnings per partake (EPS) elevated 4.9% from the 12 months-ago quarter.

The year-over-yr extend in EPS will too subsist attributed to strong pre-tax margin operating leverage (28 cents contribution) and aggressive partake buybacks (19 cents contribution). This turned into in allotment offset with the aid of decrease revenues (seven cents terrible maintain an upshot on) and higher tax cost (17 cents nefarious influence).

Revenues of $18.76 billion lagged the Zacks Consensus appraise of $19.10 billion and declined 2.1% on a year-over-12 months foundation. At consistent forex (cc), revenues remained flat.

IBM mentioned that signings plunged 21% to $8 billion. capabilities backlog declined three% from the year-ago quarter to $113 billion.

Geographic earnings particulars

Revenues from Americas inched up 1%, driven via endured extend in Canada and Latin america and modest growth in the u.s..

Europe, core-East and Africa lowered 2% from the year-in the past quarter, pushed by means of decline in Germany and France, in allotment offset by growth in Spain and the UK.

Asia-Pacific revenues declined 1% on a year-over-yr foundation with modest growth in Japan.

Strategic Imperatives growth Continues

Strategic Imperatives (cloud, analytics, mobility and security) grew 7% at cc from the 12 months-in the past quarter to $9.3 billion. safety revenues surged 34%. On a trailing 12-month basis, Strategic Imperatives revenues maintain been $39.5 billion, up 13% (eleven% at cc).

Cloud revenues surged 13% from the yr-ago quarter to $4.6 billion. The annual hurry rate for cloud as-a-provider revenues improved 24% at cc on a 12 months-over-year basis to $eleven.4 billion.

Cloud revenues of $19 billion on a trailing 12-month foundation multiplied 20% (18% at cc) and now accounts for twenty-four% of IBM’s total revenues.

Cognitive Revenues Decline

Cognitive options’ revenues-external diminished 5.7% 12 months over 12 months (down 5% at cc) to $4.15 billion. Segmental revenues relating Strategic Imperatives and Cloud declined four% and a yoke of%, respectively. Cloud as-a-service profits annual hurry cost was $2 billion.

options application comprises choices in strategic verticals dote fitness, area-selected capabilities dote analytics and safety, and IBM’s emerging technologies of AI and blockchain. The section additionally contains offerings that ply horizontal domains dote collaboration, commerce and skill. solutions software revenues reduced three% year over yr in the quarter.

IBM pointed out that in commerce district the infusion of AI into offerings dote client journey analytics helped SaaS signings to develop double digit within the quarter. The fresh launch of Notes Domino version 10, which is optimized for mobile, and helps JavaScript and node.js will raise growth collaboration in 2019.

Transaction Processing application comprises application that runs mission-crucial workloads, leveraging IBM’s hardware structures. Revenues fell eight% on a year-over-year basis.

IBM witnessed growth in business verticals dote health, key areas of analytics and safety within the quarter. Watson fitness witnessed huge-based mostly boom in Payer, issuer, Imaging and life Sciences domains.

all through the quarter, the Sugar.IQ software, developed by passage of Medtronic in partnership with IBM, hit the market. The software is designed to simplify and extend day by day diabetes administration.

IBM pointed out that analytics performed neatly in the quarter, pushed by passage of records science choices and IBM Cloud inner most for statistics providing.

during the quarter, the enterprise announced bias detection features and launched unique Watson features on the IBM Cloud deepest platform.

protection boom changed into driven by offerings in orchestration, information security and endpoint administration.

In blockchain, IBM food believe network for food safety went are animate within the quarter. Reatiler Carrefour joined IBM’s blockchain community. The business too collectively introduced TradeLens with Maersk that addresses inefficiencies in the world deliver chain. IBM at present helps 75 lively blockchain networks.

international enterprise features Revenues raise

Revenues from world enterprise functions-exterior facet were $four.13 billion, up 0.9% from the year-in the past quarter (up three% at cc). Segmental revenues presence on Strategic Imperatives grew 9%. Cloud result surged 18%. Cloud as-a-carrier earnings annual hurry charge turned into $1.9 billion.

software administration revenues declined 1% from the yr-ago quarter. besides the fact that children, world procedure services revenues climbed 2%. moreover, Consulting revenues extended 7% 12 months over 12 months, driven with the aid of strong efficiency from IBM’s digital company.

know-how functions & Cloud structures: Revenues Dip

Revenues from technology services & Cloud systems-exterior decreased 2% from the year-ago quarter (flat at cc) to $eight.29 billion. Segmental revenues presence on Strategic Imperatives superior 16%, pushed with the aid of hybrid cloud capabilities. Cloud surged 22% from the year-in the past quarter. Cloud as-a-carrier salary annual hurry expense turned into $7.5 billion.

Integration utility expanded 1% from the year-in the past quarter. every over the quarter, 95 companies world wide chosen IBM Cloud private providing. Infrastructure functions revenues additionally expanded 1% on a yr-over-12 months basis.

however, Technical champion capabilities revenues decreased three% from the year-in the past quarter.

energy & z14 obligate systems Revenues

systems revenues expanded 0.9% on a 12 months-over-year basis (up 2% at cc) to $1.74 billion. Segmental revenues touching on Strategic Imperatives surged 5%, whereas Cloud revenues declined 8%.

IBM Z revenues expanded 6% 12 months over year on more than 20% MIPS boom, pushed by large-based mostly adoption of the z14 mainframe.

vigor revenues increased 17% from the yr-in the past quarter. every over the quarter, IBM launched its subsequent generation POWER9 processors for midrange and excessive-conclusion systems which are designed for dealing with superior analytics, cloud environments and facts-intensive workloads in AI, HANA, and UNIX markets.

IBM too introduced unique choices optimizing each hardware and software for AI. management believes that items dote PowerAI vision and PowerAI commercial enterprise will assist obligate unique customer adoption.

however, storage hardware revenues declined 6% as a result of infirm performance in the midrange and elevated end, in allotment offset by means of incredible growth in every sparkle Arrays. IBM brought up that pricing drive within the immensely aggressive storage market is hurting revenues. The enterprise introduced its unique FlashSystems with subsequent era NVMe technology every the passage through the quarter.

operating methods application revenues declined 4%, whereas techniques Hardware advanced 4% from the 12 months-in the past quarter.

ultimately, international Financing (comprises financing and used gadget revenue) revenues decreased 9.1% at cc to $388 million.

working details

Non-GAAP shameful margin remained unchanged from the 12 months-in the past quarter at 47.4%. This was IBM’s most desirable shameful margin performance in years and become primarily pushed with the aid of a hundred and sixty groundwork aspects (bps) enlargement in capabilities margin. although, detrimental amalgamate in z14 mainframe and utility entirely offset this growth.

operating fee declined four% yr over yr, due to consciousness of acquisition synergies and improving operational efficiencies. IBM continues to establish money into speedy growing fields dote hybrid cloud, synthetic intelligence (AI), protection and blockchain.

Pre-tax margin from carrying on with operations expanded 50 bps on a 12 months-over-12 months foundation to 19.2%.

Cognitive options and international business services segment pre-tax margins elevated one hundred ninety bps and 320 bps, respectively, on a yr-over-year basis. youngsters, expertise services & Cloud platforms facet pre-tax margin shriveled a hundred bps.

systems pre-tax revenue changed into $209 million down 38% year over year. world Financing section pre-tax earnings jumped 26.7% to $308 million.

balance Sheet & cash stream particulars

IBM ended third-quarter 2018 with $14.70 billion in total cash and marketable securities in comparison with $11.93 billion at the terminate of 2d-quarter 2018. complete debt (together with international financing) become $46.9 billion, up $1.four million from the frail quarter.

IBM said cash prance from operations (except international Financing receivables) of $3.1 billion and generated free money circulate of $2.2 billion within the quarter.

within the reported quarter, the company again $2.1 billion to shareholders via dividends and partake repurchases. at the terminate of the quarter, the enterprise had $1.four billion closing under latest buyback authorization.

assistance

IBM reiterated EPS forecast for 2018. Non-GAAP EPS is expected to subsist as a minimum $13.80.

IBM nonetheless anticipates 2018 free cash movement of $12 billion.

Story continues

How maintain Estimates Been relocating because Then?

during the past month, investors maintain witnessed a downward mode in fresh estimates.

VGM scores

at this time, IBM has an ordinary growth ranking of C, notwithstanding it is lagging a cramped on the Momentum rating front with a D. although, the inventory turned into allocated a grade of A on the value side, putting it within the properly quintile for this investment strategy.

ordinary, the inventory has an combination VGM ranking of B. if you don't seem to subsist concentrated on one approach, this rating is the one you'll want to subsist attracted to.

Outlook

Estimates were generally trending downward for the stock, and the magnitude of these revisions indicates a downward shift. principally, IBM has a Zacks Rank #three (hang). They hope an in-line revert from the inventory within the following yoke of months.

want the latest suggestions from Zacks funding research? nowadays, which you can download 7 top-rated shares for the subsequent 30 Days. click on to accept this free record overseas enterprise Machines organization (IBM) : Free inventory evaluation report To study this text on Zacks.com click on prerogative here. Zacks investment analysis


000-974 Power Systems Technical champion for i

Study pilot Prepared by Killexams.com IBM Dumps Experts


Killexams.com 000-974 Dumps and real Questions

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000-974 exam Dumps Source : Power Systems Technical champion for i

Test Code : 000-974
Test appellation : Power Systems Technical champion for i
Vendor appellation : IBM
exam questions : 173 real Questions

save your money and time, pick those 000-974 exam questions and prepare the examination.
Even though i maintain enough history and revel in in IT, I predicted the 000-974 exam to subsist less difficult. killexams.com has saved my money and time, without these QAs id maintain failed the 000-974 exam. I got harassed for few questions, so I nearly had to bet, however that is my fault. I must maintain memorized well and listen the questions better. Its remedy to realize that I surpassed the 000-974 exam.


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Letters: Solar electric systems not sustainable | killexams.com real questions and Pass4sure dumps

Las Cruces Sun-News Published 6:58 a.m. MT Jan. 6, 2019

Solar panels on top of the Westbrook home generate enough energy to power not only their home, but too a charging station for their electric vehicle.(Photo: Robin Zielinski / Sun-News)Buy Photo

  Solar electric systems not sustainable

Almost nine years ago, I installed a 3.15kw solar electric system on their house in Las Cruces. At that time there was not one company in Las Cruces installing solar electric systems, so I had the Solar Biz Company in Glenwood design the system, sell me the components and I installed it myself.

There is one major problem with solar electric systems -- energy storage. They are worthy as long as the sun shines, but at night, when the power is needed the most, the power production is zero.

The storage problem can subsist solved in two ways. One is to install batteries that are charged during the day and use the power from the cells at night. Batteries are improving, but will always confine the available power, require continuous recharging, consume a lot of space, are expensive and require constant maintenance. The current alternative to batteries is a grid-tied system that is connected to a power company. The power company acts as an unlimited battery available 24/7 at no real cost to the solar user.

This business model is unsustainable. Power grids are extremely expensive to build, maintain and operate, but the non-solar customers are providing energy storage to the solar-users for free. This situation puts the power companies into a lose/lose position. They must either suffuse the solar user a storage fee or suffuse the non-solar users a higher rate to subsidize the solar users. Every power company customer vehemently resists these alternatives.

I am a robust alternative energy advocate, especially solar, but if the storage problem is not solved, then the widespread evolution and installation of solar electric systems will fail.

Robert C Brown

Las Cruces

Marxist playbook

Marxists published a chronicle on how to pick over a country a few years ago including:

1. infiltrate the education system;

2. infiltrate the media, newspapers, television and companionable media;

3 infiltrate their churches;

4 infiltrate at least one political party;

5 lower their moral values;

6 swirl a blind eye to natural law;

7. extinguish the rule of law and the constitution;

8 extinguish the borders;

9 the ends justifies the means, including half truths and outright lies.

Does any of this sound familiar?

P. Harper,

Las Cruces 

Read or partake this story: https://www.lcsun-news.com/story/opinion/letters/2019/01/06/letters-solar-electric-systems-not-sustainable/2491961002/


Why PractiScore – Necessary utensil for any Practical Shooting Club | killexams.com real questions and Pass4sure dumps

SIG SAUER Academy Adds Movement Skills for the Competitive Shooter to November Course ScheduleWhy PractiScore?

U.S.A. –-(Ammoland.com)- PractiScore was built because I needed it. I, perhaps foolishly, shared it with my friends, one thing led to another, and now it is used by hundreds of cramped businesses they convene “clubs”. Millions of dollars flux thru it for match fees. In 2018 they had 602,398 shooter registrations and 474,135 squaddings befall thru PractiScore.com It has clearly moved beyond “I needed it”.

So why?

Well, from the day I started sharing it my reply has always been “to give match directors back their life”. Or more broadly… to waiton those who hurry clubs and matches.

The why, formally specified, is:

PractiScore exists to waiton people hurry practical shooting clubs and matches more easily.

Every day they account that “why”. They Do things that waiton that mission. They don’t Do things that impair it. Sometimes they Do things sort of related to it, but not as a elevated priority.

The Why Moved Beyond Just Having Software to Supporting It

Last month they took in 150 champion tickets in their unique champion ticketing system. every were handled. Most were about the “why”. That number doesn’t embrace personal contacts to their phone, email, FB messenger – that probably doubles the champion contacts.I’ve been in the software game for a long time now. Eventually, most software business turns into a champion business. And PractiScore has moved to that point. champion was taking up more time than development. That wasn’t where they wanted to be.

So they added in DJ Petrou, and today, Madison Killian to ply direct frontline support. They will reply what they can and coordinate getting answers or fixes from the technical allotment of the team.

In coming weeks they will subsist asking certain match director friends in the practical shooting community (Zack Jones for instance) to associate the ticketing system and waiton with sport or match nature specific questions.

Additionally, they will subsist adding in two tiers of support:

  • Normal use the ticket champion system – generally same day response
  • My major match is stopped I necessity a human phone support
  • Both are free. One uses the online ticket system. One uses a phone number that distributes to on-call helpers who will reply on Sunday night and Do their best to accept things back working.

    We aren’t gonna cover the passage to gain a human but delight ensure the necessity is dire.

    Put another way, they are structuring to deal this dote the sedate activity it has become – where tens of thousands of people, and hundreds of cramped businesses, and millions of dollars flux thru it – so it is serious!

    Funding

    PractiScore will always subsist free to clubs to hurry their clubs and score their matches. I made that engage when they started and I don’t intend to renege on it.

    It does necessity funding.

    A yoke things to know:

  • Ken is never gonna execute money off PractiScore. I hope to not lose any (or much) more.
  • All money goes prerogative back into the “Why”.
  • In my “perfect” world funding is done this way:
  • 1/3rd industry (sponsors dote they maintain now)
  • 1/3rd sports (we are serving their members quite well )
  • 1/3rd competitors
  • This balanced 3 legged stool doesn’t give too much power to any one group, but lets every help. If one group had too much power they would risk the “why”.

    Industry has stepped up. They treasure it. Their ad model seems to toil pretty well for sponsors and is too not intrusive.The sports maintain not contributed in a signficant fashion. ICORE, actually, has done a lot as relative to their size. USPSA has made a donation, which while welcome, was tiny compared to the service they Do for their members and clubs on a daily basis. IDPA has done nothing. Some IPSC regions maintain donated. And every the waiton was welcome!

    For 2019, I hope they can choose to help. You as members might insinuate it (always politely). Their track record should prove that helping PractiScore would subsist among the best money they disburse in 2019 on behalf of their members (both individual and club).Competitors maintain purchased the Competitor app by the thousands. That’s pretty cool. But not really that much money, and the app store gets a 1/3rd of the loot. In a few days they will launch PractiScore: Supporter and quiz them to waiton where they can. There will subsist certain features only available to Supporters (primarily video, sponsor logos, and ELO).

    If you can help, help. We’d treasure it and engage to disburse the money on the Why.

    A eventual word on funding …. it’s not a matter of whether PractiScore exists. It will continue to Do so even with no funding. It’s a matter of how much more they can solve the WHY. Which is the point of it all.

    Thanks

    Finally, I want to thank every those who sent me thanks for PractiScore. I accept it but want you to know that a team exists that is doing every this. Me, Bryan, Jeff, Chandler, Russell, Eugene, Benjamin, Steve, Madison, and DJ – they every Do what they Do for the Why – which ultimately is my friends – practical shooters. Thanks very much and I wish the best for you in 2019.

    Ken NelsonFounderPractiScore


    Bitcoin And Democracy Tech | killexams.com real questions and Pass4sure dumps

    Introduction

    I reason it’s very smooth to accept caught up in the hysteria that surrounds Bitcoin (BTC-USD)(COIN)(OTCQX:GBTC). With massive volatility, knotty computer jargon, scammers and visionaries to the left and to the right, Bitcoin is either a revolution or rat poison depending who you talk to. But they must recollect that before “crypto” was slang for cryptocurrencies, it referred to cryptography. And cryptography is one of the cornerstones of the information age.

    Without cryptography, every message that was sent digitally would subsist readable by anyone who cared to listen in. Credit card numbers, the content of direct messages, purchase history, passwords, you appellation it. Without strong encryption, e-commerce would subsist completely impractical. This is kindhearted of a vast deal since e-commerce sales topped nearly $450 billion in 2017 and seems to Do nothing but grow year over year.

    But beyond that, encryption does more than just protect their sensitive information and enable online transactions, it can subsist a lifeline to people in distress. Recently, I had to desultory to converse with Alex Gladstein of the Human Rights Foundation. You may maintain seen his recent article in Time, “Why Bitcoin Matters for Freedom.” If you haven’t read this article, ebb check it out - it’s powerful stuff.

    Alex and I talked about the role that investors can play in helping to preserve human rights and basic freedoms that many pick for granted. You may maintain heard of “Impact Investing,” or even the UN’s Sustainable evolution Goals. But, so far, there’s been cramped to no attention paid by institutional investors to the billions of people animate under authoritarian regimes. It has been estimated that more than half of the global population lives under authoritarian rule. Let’s briefly paw on a few of these areas and the kinds of abuses that are being suffered prerogative now.

    A world in peril

    In Venezuela, refugees are fleeing from an authoritarian regime that has hyperinflated the Bolivar and caused extreme shortages in food and medicine. Currency controls maintain establish people in a position where they mug long delays and extraordinary fees to receive money from abroad. The refugee crisis is now being compared to Syria as millions flee under dire circumstances.

    In Zimbabwe, the monetary crisis continues amid rising poverty. After seeing a unique wave of hyperinflation, banks are now turning people away saw that they maintain no money. Elections are rigged, and voters are repeatedly threatened or intimidated.

    In China, presidential term limits are being abolished, the Internet is heavily censored, journalists are being jailed over what they choose to retweet, and a technological police condition has become the norm.

    In Russia, the parliament has been devoid of opposition for more than ten years. Political opponents are jailed, television is censored, and journalists and activists maintain been poisoned and assassinated.

    In Syria, open source software developers dote Bassel Khartabil were imprisoned and ultimately executed. Meanwhile, the internet was sever off and the people were attacked with pestilential gas with no passage to communicate with the outside world.

    In Nicaragua, the condition owned television was turned off while students were gunned down in the streets. Elections are riddled with fraud, the ruling parties control the media, and journalism is strangulated.

    I wrote in “The Challenge”:

    “We believe that being involved in Bitcoin, blockchain technology, or cryptoassets in general is one of the few ways that they can drive innovation, check the power of authoritarian leaders, and bring about a complete economic revolution as they prance into a more digital society. It's for these reasons that they believe in Bitcoin, and the transformative potential of cryptocurrencies and blockchain technology as a obligate for good.”

    I believe that Alex and I disagree on this point. However, many challenges silent necessity to subsist faced, from further developing censorship resistant networks, making systems of strong encryption more accessible to the average person, and raising awareness. With that, let’s dive into my interview with Alex Gladstein.

    A conversation with Alex Gladstein

    Hans Hauge: How Do you define democracy tech?

    Alex Gladstein: Democracy tech or "DemTech" would subsist repercussion investing in companies whose products or services directly or indirectly champion democratic values dote civil liberties, privacy, press freedom, free and unprejudiced elections, and free expression.

    HH: What's the problem with SOCAP? What is SOCAP?

    AG: I reason the organizers of SOCAP maintain a tremendous opportunity. Basically, prerogative now, in the repercussion investing community, there's lots of wonderful, attentive toil done on topics dote education (EdTech), protecting the environment (CleanTech or GreenTech), healthcare (HealthTech), food and farming (AgriTech), and others. But there's immediate to zero repercussion investing being done with esteem to the promotion of civil liberties and individual freedoms. So when you search SOCAP’s most recent program from 2018, the words "human rights" are mentioned only once, and words dote "democracy,” "journalism,” “privacy,” and “civil liberties” aren't mentioned at all. There is no “DemTech,” and this is largely because events dote SOCAP and the repercussion investing community in general are inspired by the U.N. Sustainable evolution Goals. The U.N. SDGs were created and are now overseen by several dictatorships including China, Iran and Saudi Arabia who don't want to focus on things dote human rights and democracy. So you maintain 17 goals which every sound wonderful, but on closer inspection don't focus at every on issues dote civil liberties, elections, journalism, etc. But clearly, these issues and values are so faultfinding to everything else in their world. If you don't maintain the prerogative to protest or converse your mind, you can't effectively protect the environment or expose corruption or fight poverty or propel for corporate regulations. Regardless of where you are politically, you shouldn't want governments and companies to own every of their data, for specimen - I reason there's an occasion here for investors and corporate leaders and platforms dote SOCAP to reach together and focus on privacy and license and waiton grow DemTech.

    HH: What is repercussion Investing?

    AG: repercussion investing is a strategy of investing where you are willing to pick a lower revert on your investment as long as you are making the world a better place. You can reason of it as halfway between traditional investing (with no moral compass) and absolute donations or charitable gifts.

    HH: What are some companies or projects that you reason are making a incompatibility now in the areas of privacy, civil liberties, property rights, censorship resistance, mesh networks, voting etc.?

    AG: I'm interested in a few key areas of technology that I reason will subsist very distinguished to prevent mass surveillance. Some are being advanced by companies, others by open-source communities. Things that might drop under the category of DemTech include:

  • Encrypted messaging - Signal
  • Censorship-resistant storage - IPFS
  • Private web browsing - Tor
  • Censorship-resistant money – Bitcoin
  • Decentralized internet access - goTenna
  • Zero information cryptography – Zcash (ZEC-USD)
  • Distributed payments - Lightning Network
  • HH: Do you maintain examples of how investing in technology for positive change has worked out in the past?

    AG: The above list of technologies can subsist described as anti authoritarian. They are more suited for individuals vs. governments or corporations - as opposed to things dote AI and vast data, which maintain the opposite, centralizing effect. The engrossing thing about these authoritarian or "DemTech" projects is that they are, generally speaking, open source. But that doesn't connote that there aren't huge amounts of money at stake. Bitcoin's market cap is tens of billions of dollars. The Signal project recently attracted $50 million after Google (NASDAQ:GOOG) (GOOGL), Facebook (FB), and Skype adopted some of its encryption technology. Andreessen Horowitz launched a $300 million crypto fund eventual year, and other world-class investors dote Union Square Ventures and Sequoia maintain launched crypto funds. It’s not just a morally helpful thing to Do to protect their information, data, money, and communications, but also, it's going to execute smart folks a lot of money in the next decade and beyond.

    HH: How Do you descry blockchain playing a role here?

    AG: I reason Bitcoin is going to play a central role in this. It's the world's first censorship-resistant money network and engineers are industrious structure really engrossing technology on top of the Bitcoin groundwork layer. You will descry distinguished functionality rolled out across the next few years with esteem to what you can Do with Bitcoin, ranging from privacy technology to micropayments to improvements in wallets and exchanges. Unfortunately, I reason "blockchain" generally has been overhyped, and very few other "blockchain" projects beyond Bitcoin are unlikely to Do any sedate helpful for this world beyond enrich their creators. Especially when it comes to democracy and human rights. Some privacy-minded cryptocurrencies dote Monero (XMR-USD) or ZCash are distinguished exceptions, providing a useful service for people who want anonymous money.

    HH: What's at stake if they don't act? What is the scale of the problems that we're facing?

    AG: If the trillion-dollar repercussion investing community skips out on human rights and civil liberties, that would subsist a terrible thing. They necessity the business community to pick a lead here. As Yuval Noah Harari says, "if you dislike the idea of animate in a digital dictatorship or some similarly degraded shape of society — then the most distinguished contribution you can execute is to find ways to prevent too much data from being concentrated in too few hands, and too find ways to retain distributed data processing more efficient than centralized data processing. These will not subsist smooth tasks. But achieving them may subsist the best safeguard of democracy."

    HH: What maintain you seen in your toil that the average American would subsist shocked by?

    AG: How about the fact that 4 billion people live under some sort of authoritarian government, where there's no real independent media, independent judiciary, or passage to hire a counselor to protect you against the state? Billions live without institutions they pick for granted here in the US dote the unique York Times, ACLU, EFF, or the tens of thousands of other nonprofits and media groups that are energetic here in this country. It's a different environment in closed societies, and these people necessity their help. Yes, they necessity to assist them in traditional ways with efforts to promote civil society and democracy, but they too necessity to waiton them develop technology that will allow them to preserve privacy and retain themselves and their families safe.

    Conclusion

    There's more to the Bitcoin revolution than Lambos and illicit activity. Bitcoin was invented to give people a life raft from which they could escape oppression of every kinds. Whether that oppression comes from censorship, hyperinflation, or unauditable records controlled by a central and debauch authority. Bitcoin and the technology that has emerged in its wake maintain the potential to remove middlemen from positions where they can and inevitably will mistreat their power. By switching their faith to a system of rules determined by the press and enforced by software, they maintain in their grasp for the first time a passage to rethink the world of the future.

    Organizations dote Unicef maintain taken steps to invest in startups that can execute a incompatibility with blockchain technology, and they’re not alone. In “Event Horizon” I wrote about blockchain projects working towards the common helpful in Israel, Estonia, Dubai, South Africa the Philippines, and Chile. This is such an exciting time to subsist alive, but I believe it’s too such a faultfinding time to act.

    This article was published first in Crypto Blue Chips.

    Disclosure: I am/we are long BTC-USD, ZEC-USD. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I maintain no business relationship with any company whose stock is mentioned in this article.

    SeekingAlpha


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