PM bombarded with drought-relief ideas
The prime minister has been gifted plenty of ideas on how to tackle the drought, from tax cuts to shopping, ahead of the release of a national strategy.He is set to weigh up the proposals next week ahead of releasing a national strategy.
Innovation has been identified as a means to support development in developed and developing A blockchain -based property registry has a moderately high probability of being implemented since When combining the blockchain advantages with existing solutions such as Orange’s mobile birth
The app serves farmers by doing exactly the function blockchain was designed for: creating a permanent and tamper-proof ledger to build trust between various parties. David describes pilot projects working with wheat farmers in Kenya and cocoa bean farmers in New Guinea.
National government organisations (NGOs) and other philanthropic organisations spend millions of dollars attempting to help create better access to markets and the establishment of farmer-based cooperatives, but struggle to deliver the impact promised.
AgUnity wants to be the missing technology link to help them succeed where previously they have failed. It has developed a a smartphone and blockchain based-solution for the world’s last mile communities.
Stockhead spoke with chief operating officer Angus Keck as the company prepares to launch an equity crowd fund via Equitise. It will raise a minimum of $250,000 and a maximum of $1.25m – although this will only be one tranche of a larger funding round.
The Perfect Halloween Costume Is A Projector Mask That Can Turn You Into Anyone
Sean Hodgins has come up with the perfect solution for anyone struggling to choose just one costume for Halloween. Sean Hodgins has come up with the perfect solution for anyone struggling to choose j He designed and engineered a face-changing projection mask that allows you to disguise yourself as anyone or anything—at least until the battery in your back pocket runs out.As costumes go, this one is relatively simple as it’s based around a 3D-printed low-poly white plastic mask that’s worn with the help of a welder’s head strap and finished off with a black hoodie and black pants.
Blockchains are not only for developed countries . Blockchain , the underlying technology behind Bitcoin is a unique new way of reaching consensus in a distributed fashion. Blockchains could be a beneficial solution here are Blockchains that are built from the ground up to be censorship resistant.
Blockchain can eradicate poverty in developing countries . Contemplating the problems in developing countries , of course, is overwhelming Other key documents, like land titles and deeds, can be stored in the blockchain as well. This could prevent the seizing of land that has always been
The idea for AgUnity came out of a “Fintech for Good” competition where fintech founders were challenged to increase incomes among the poorest worldwide – particularly farmers.
“There’s already a suitable and efficient solution for improving farmer outcomes and that’s farming co-operatives – its worked in Australia, America and Europe,” Keck said.
“But we’ve asked ourselves why is this not working in [developing countries]?
“The biggest challenge in rural communities is that there’s a lack of trust and cooperation [between farmers who trade].”
Keck said a co-operative effectively has a central record book it controls, which leaves it vulnerable to manipulation.
“If an administrator wants to add a few dollars to their pocket, they can change an existing record of what was previously agreed without being stopped,” he said.
China passes cryptography laws, laying framework for a national digital currency
China has passed new cryptography laws set to come into effect next year — despite cryptocurrency currently being banned in the country — with the aim of digitising its currency.China has attempted to stamp out cryptocurrency trading in the past, but the latest move suggests Beijing may be making serious moves to establish a framework for digital finance, while opening the doors for increased research and innovation in blockchain technology.
Is blockchain the answer to this problem? While blockchain technology and some of the world’s poorest people might seem to be an odd combination, it is worth remembering that farmers in developing countries are often early and avid adopters of technologies which we in the West have
Beyond smallholder farmers in developing countries , broadband is not a viable option for many farmers living in rural areas. Any device used in the blockchain is also a potential source of vulnerability. Weak passwords and a poor network structure can expose an entire business to hackers
“But if I’m a wheat farmer in Kenya, surviving on $2 per day, there’s not much I can do.
“Unlike in Australia where we have strong governance mechanisms including a non-corrupt police force, my main course of action to dispute a transaction is to simply leave the co-op.
“No one wants to be cheated, it’s a natural human feeling.”
Tech will make a difference
Blockchain technology provides a publicly available account of all transactions and activities on a “distributed” ledger.
The “distributed” part refers to the fact that the data is not collected or held on a single machine, but on a network of computers around the world.
For each transaction, a new “block” is added to the ledger that is connected to the previous block to form a chain.
To prevent manipulation and ensure that all copies of the ledger remain the same, each new block must be approved via a consensus algorithm.
China passes cryptography laws, laying framework for a national digital currency
Tech expert Trevor Long says he thinks Google has “a massive problem”, relating to the company’s alleged tracking activities.
A blockchain , originally block chain, is a growing list of records, called blocks, that are linked using cryptography. Each block contains a cryptographic hash of the previous block, a timestamp
The blockchain solution : Transparency. The organizations: They range from homemade tip bots to The organizations: Though blockchain has frequently been floated as a way to stop voter fraud The problem: There are many problems—refugees and people in developing nations don’t have access
“We basically thought what if we merge three existing and emerging technologies – global telecommunications coverage, low-cost mass-produced smart phones out of China and blockchain?” Keck said.
“And to combine them in a way where we can provide a platform where farmers can all do transactions and once the parties have agreed, no one can ever change that transaction.
“All this is existing technology, we know the impact its had on our lives.
“We build it [the software] hand in hand with the farmers. It’s based around simple workflows – the use of basic geomertic shapes and colours. It’s just getting them off the ground.”
The challenge is though that many people in developing countries have not used a smart phone before.
“In Ethiopia female coffee holders called it [the AgUnity phone] ‘touchy’ – a lot of these are first time technology users,” Keck said.
“We focus on getting them off the ground in how to use a new technology and once you’ve got them engaged and using the solution you open the door to introduce new services.”
If farmers don’t have coverage, offline functionality has been built in so transactions can occur even when there’s no coverage. As soon as a farmer comes into coverage transactions are reconciled to the cloud.
Qld farmers lose fight against coal mine
Farmers who fought to stop the expansion of a coal mine in Queensland have lost, with a decision to approve the next stage now in the state government's hands.The fate of the New Acland coal mine's expansion plans now lies in the hands of Mines Minister Anthony Lynham after a decision by the Brisbane Court of Appeal on Friday.
Blockchain technology can enable customers to gauge the exact farm from where fruits were hand-picked or the pasture which raised their grass-fed beef through Effective data management systems can ensure that the allocated amount rightfully reaches the hands of the farmers in need of the same.
TraXion argues that, currently, international transactions in developing countries are extremely inefficient Its crowdsale will run from August 1-31. It has already created a development hub that’s designed to create blockchain solutions for financial institutions — helping to generate revenue.
As with many firms seeking crowdfunding, AgUnity thinks it makes good business sense but is philosophically positive as well.
“What we like is that it [crowd funding] is democratising what is traditionally an exclusive sector – and that is wealth and investment,” Keck said.
“Usually you need to be a high net worth [investor] or a family office to get to make these [early-stage] investments.
“Now it isn’t a bad thing to be one of these, but a regular person with some money who is passionate about a product can participate in investing in this product – becoming part of that journey.”
Keck also told Stockhead if the company eventually became publicly listed, it would hit the market with a larger network than it otherwise would have.
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Animoca Brands leads investment into maker of smash blockchain game hit Axie Infinity .
Special Report: Animoca Brands (ASX:AB1) has led a $2.1m investment into Sky Mavis, the maker of Axie Infinity, one of Read More The post Animoca Brands leads investment into maker of smash blockchain game hit Axie Infinity appeared first on Stockhead.