“Women in AI today is a bit like women in engineering in the early ’90s”: Spriha Biswas

Spriha Biswas was the first person from her hometown Jamshedpur to become a national topper in the ICSE class 10 board exams (the year was 2011 and she scored 98.8 percent). Ten years later, having completed her degree in metallurgical engineering and material sciences from IIT Bombay, she is among the very few women working in artificial intelligence (AI) in India and is already heading a product portfolio.
As the young chief product officer of Augnito, an AI-based speech-to-text tool to help doctors maintain accurate medical records in a much faster and efficient manner, Spriha’s area of expertise is ‘human factors in AI’ or ‘human-centric thinking in AI’.
She talks to us about the challenges women face in her field, and how AI can be made more gender-neutral.
As one of the very few women in AI in India, what are some of the challenges you have had to face in your profession due to your gender?
I think fundamentally gender-based challenges for women in tech are very systemic. It starts from the time you are a child. Boys and girls are raised differently, end up getting unequal opportunities and as a society we are still far from having a level-playing field for all genders.
Continue reading: https://www.moneycontrol.com/news/trends/features/women-in-ai-today-is-a-bit-like-women-in-engineering-in-the-early-90s-spriha-biswas-7457971.html

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How flying drones will boost your curious mind

I was waking up every day at 6:00 am during my holidays. It was just the right time to ride my bike to some beautiful small beaches in the cozy coast of Alicante and experience a stunning sunrise. I was completely alone, and I could fly my drone to capture some beautiful vertical shots of the coast line, where blue and orange merge with each other.
I could not explain the reason behind my proactive daily exercise of “sleep deprivation”. Why I would sacrifice resting in the bed for such a physically exhausting experience?
While talking about it with a great mentor and friend, he answered to me straight forward: “you do it because that is your nature, you always love to see the world from a different angle and then spread the word about what you have observed”.
 
Ups, I never thought about my passion for aerial photography in such way, but moreover, I had never reflected before on that to be the reason and the fundamental link between the main areas of expertise during my professional career: MarketingStrategic PlanningInnovation, and Customer Experience.
But my mentor had no doubt: that was the backbone of what I have been doing along the years: observingempathizingmodelling and taking action. And everything started with a sense for deep observation, whether it was analyzing a market, a technology, a customer or a competitor.
Continue reading: https://www.linkedin.com/pulse/how-flying-drones-boost-your-curious-mind-alberto-terol-conthe/?trk=articles_directory

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The Drone Rules, 2021: India gears up for the next technological revolution

The Indian government recently released the draft of The Drone Rules, 2021 with an aim to strike a balance between safety and operability of drones. These Drone Rules aim at replacing the four-month-old Unmanned Aircraft System Rules, 2021 (UAS Rules) which were issued on March 12, 2021.
This is unquestionably a move in the right direction. The UAS Rules added numerous levels of operational complexity for all drone industry players. They required a multi-tiered license and pricing structure for practically any type of drone-related activity. The stakeholders raised various concerns regarding the UAS Rules. In response to their concerns, the government released the draft Drone Rules and had asked for suggestions from stakeholders by August 5, 2021. Thereafter, the Ministry of Civil Aviation notified the Drone Rules, 2021 on August 25, 2021.
In this article, we aim to discuss some of the salient features of the Drone Rules, 2021 and analyze its impact on the foreign investment regime in India.
Continue reading: https://www.barandbench.com/columns/the-drone-rules-2021-next-technological-revolution

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What Is the Blockchain Trilemma?

Since Bitcoin’s launch in 2009, blockchain technology has proven that it has the potential to revolutionize the world, with new use cases been discovered by the day. However, blockchain technology is still in its infancy and has to overcome several challenges before its widespread adoption.
This led Vitalik Buterin to create the concept of the “blockchain trilemma” as a way to better understand how these challenges are co-related by bringing them together under an umbrella term. But, what is the blockchain trilemma? Is it really a trilemma? And, can it be solved?
The Blockchain Trilemma Explained
Even as blockchain technology continues to revolutionize just about every industry it comes into contact with, even Visa bought a CryptoPunk for nearly $150,000 in ether, the very way in which decentralized networks are structured present them with unique challenges. Especially when compared to centralized structures.
Continue reading: https://www.makeuseof.com/blockchain-trilemma-explained/

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The UAE's growing appetite for crypto and blockchain

Two months ago, in a survey, five in 10 UAE citizens said they plan to use cryptocurrencies within the next year. And 63 per cent admitted they are more open to using them now than they were a year ago. This came as no surprise. The Middle East has established itself as a global hub for innovation in financial technology, due in large part to the policies framed by regulators in the UAE who understand that the world is increasingly adopting cryptocurrencies and blockchain technology.
This progressive approach for fostering innovation has been a major influence for blockchain startups setting up in Abu Dhabi. Regarding it as the “Fourth Industrial Revolution”, the UAE government is a leading advocate of blockchain technology. In 2018, in order to advance this adoption, the UAE launched the Emirate’s Blockchain Strategy 2021, essentially creating a deadline for migrating at least 50 per cent of all government transactions onto decentralized technology.
In 2018, the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) introduced a framework for operating crypto asset businesses that, with continuous engagement and refinement, represents an attractive and permissive regulatory apparatus. This has allowed Abu Dhabi to become an attractive jurisdiction for blockchain, fintech, and crypto companies, both large and small. For example, the FSRA is one of the first regulators in the world to recognize stablecoins and define fiat tokens, with the Digital Asset Exchange receiving the green light for operations under that formulation.
Continue reading: https://www.thenationalnews.com/opinion/comment/2021/09/12/the-uaes-growing-appetite-for-crypto-and-blockchain/

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Blockchain: A driver for social impact in Africa

With the features offered by blockchain technology, it begs the question why this disruptive technology isn’t adopted heavily across the continent of Africa as a driver for social impact. Could it be a lack of understanding of the technology?
With the challenges existing in Africa around corruption, lack of social justice and the lack of transparency in regards to humanitarian aid, blockchain is very well suited to help alleviate these challenges.
Recently, the United Nations was recognized for its use of blockchain technology in several areas such as in the disbursement of funds to refugees that have no access to a bank account or in the identity storage of same refugees. Another good reference in the drive for social impact was the most recent #EndSARS event that took place in Nigeria. Blockchain technology offered a platform to support social justice through the use of cryptocurrencies to support the protests.
Continue reading: https://nairametrics.com/2021/09/12/blockchain-a-driver-for-social-impact-in-africa/

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TOP BLOCKCHAIN INTERVIEW QUESTIONS ONE SHOULD KNOW ABOUT

These blockchain questions are coming at your interview!!
Blockchain is one of the hottest topics in the field of digital technology. Every aspirant of this field will face interview questions on blockchain one way or another. Here is the list of questions on blockchain that one should be aware of.
How are transactions and blocks encrypted in the Bitcoin implementation?
Bitcoin blocks are not encrypted in any way: Every block is public. What prevents modifications and guarantees data integrity is a value called the block hash. Block content is processed using a special hash function—in the case of Bitcoin, it’s SHA256—and the resulting value is included in the blockchain.
Explain why a blockchain needs tokens to operate.
Coins/tokens are used to implement changes between states. When somebody does a transaction, this is a change of state, and coins are moved from one address to another. Apart from that, transactions can contain additional data, and a change of state is used to mutate data—the only way to do this is in an immutable-by-definition blockchain. Technically, a blockchain doesn’t need coins for its essential operations, but without them, some other way needs to be introduced to manage states of the chain and to verify transactions.
Continue reading: https://www.analyticsinsight.net/top-blockchain-interview-questions-one-should-know-about/

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The Top Five Trends In AI: How To Prepare For AI Success

The strategic importance of AI is growing at an accelerating pace. Many companies are reaping the rewards of AI now and will increase their investments as a result.
Every board member and every senior executive must understand the key trends in AI that will impact their businesses.
The Top 5 Trends in AI are as follows:
1)   Increasing investments
2)   Rapid response
3)   Risk management
4)   Job changes
5)   Organizational transformation
Trend 1:
Companies are increasing their investments in AI and will continue to do so
According to ResearchAndMarkets.com, the global artificial intelligence market is expected to grow from $40 billion in 2020 to $51 billion in 2021 at a compound annual growth rate (CAGR) of 28%. The market is expected to reach $171 billion in 2025 at a CAGR of 35%.
Companies that are AI leaders are building an AI flywheel that will enable them to strengthen the lead they already have over their competitors. The flywheel effect comes primarily from AI systems that perform well and then produce more data, helping the system continually improve its performance. Eventually, a competitor will never be able to catch up. (See The AI Threat: Winner-Takes-All)
Continue reading; https://www.forbes.com/sites/glenngow/2021/09/12/the-top-five-trends-in-ai-how-to-prepare-for-ai-success/?sh=751f5cdc625a

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Can we really rely on AI?

Artificial Intelligence (AI) is a series of systems, developments and techniques that enable machines to calculate actions and data sets. It is a constellation of many different technologies that work together to enable machines to sense, understand, act, and learn at a human intelligence level. AI systems are becoming increasingly complex as they are used in more and more areas of our lives to create forecasts and prediction models.
Popular search engines now make recommendations based on the text users enter. The search engine uses AI to predict what they are trying to find to give them better information. When one uses maps apps on their phone to navigate, AI reads numerous data points and provides the user with updated traffic information in real time. Statistical machine translation methods are used to find patterns in billions of words of translated text, such as United Nations books and records, and then applies these patterns to new translations.
Several companies are using technological advancements in Machine Learning (ML), natural language processing and other forms of AI to make relevant and immediate recommendations for their customers. Modern technologies based on ML and AI are being adopted by the robotics industry to develop robots that can work autonomously and overcome all the challenges they face on the move.
Continue reading: https://timesofmalta.com/articles/view/can-we-really-rely-on-ai.899924

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AI in the UAE

From Siri to Amazon to Tesla, artificial intelligence is moving forward at full tilt. Artificial intelligence includes various technologies, including fairly basic robotic instruments to profound learning networks that can yield significant and dependable insights. AI encompasses anything and everything from smartphone assistance to consumer-client interactions to deep fakes.
Governments worldwide are implementing further technical developments to improve operation and service quality. One of these is artificial intelligence. AI will significantly impact education, science, agriculture, healthcare, entertainment, manufacturing, marketing, security, transportation, and finance. As innovative as it may sound, AI comes with several obstacles and risks, such as managing human behaviors and privacy, as well as automation that will force humans out of many of today’s jobs.
Since its inception, the United Arab Emirates has been looking for new ways to improve the quality of its citizens’ life. As a result, the UAE has launched several initiatives. Two of the most interesting are E-government and M-government.
Continue reading: https://intpolicydigest.org/the-platform/ai-in-the-uae/

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APPLICATIONS OF AI AND MACHINE LEARNING IN COMPUTER SCIENCE AND ELECTRICAL ENGINEERING

Technologically, we are evolving with every passing day. Progress in the field of Artificial intelligence and machine learning has transformed our lives for the better. Today, these magnificent technologies are used to optimize systems and meet the desired organization’s goals. AI and machine learning not only boost the performance of the system but also address the problems of the business like never before. Additionally, problems are addressed efficiently and faster than before. All in all, implementing the latest applications of AI and machine learning might end up being a path for achieving greater heights. Computer engineering systems and electrical engineering systems generate huge volumes of data. Thus, we can apply data mining to discover new relationships in these systems. With the advent of deep neural networks – thanks to the advancement in technology, we can learn new mappings between inputs and output of these systems. On that note, have a look at some of the greatest applications of AI and machine learning in the field of Computer engineering and electrical engineering that have simplified our lives.
Power systems
One of the best applications of AI when it comes to computer engineering has been on power systems. Right from identifying malfunctions to forecasting, AI has covered it all. Artificial intelligence has done a magnificent job in reducing the workload of human operators by taking up tasks such as data processing, routine maintenance, training, etc.
Continue reading: https://www.analyticsinsight.net/applications-of-ai-and-machine-learning-in-computer-science-and-electrical-engineering/

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ARTIFICIAL INTELLIGENCE IN FILM INDUSTRY IS SOPHISTICATING PRODUCTION

Artificial intelligence in filmmaking might sound futuristic, but we have reached this place. Technology is already making a significant impact on film production.
Today, most of the outperforming movies that come under the visual effects category are using machine learning and AI for filmmaking. Significant pictures like ‘The Irishman’ and ‘Avengers: Endgame’ are no different.
It won’t be a wonder if the next movie you watch is written by AI, performed by robots, and animated and rendered by a deep learning algorithm.
But why do we need artificial intelligence in filmmaking? In the fast-moving world, everything has relied on technology. Integrating artificial intelligence and subsequent technologies in film production will help create movies faster and obtain more income. Besides, employing technology will also ease almost every task in the film industry.
Continue reading: https://www.analyticsinsight.net/artificial-intelligence-in-film-industry-is-sophisticating-production/

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Leveraging Artificial Intelligence and Machine Learning to Solve Scientific Problems in the U.S.

The U.S. Department of Energy (DOE) advanced Computational and Data Infrastructures (CDIs) – such as supercomputers, edge systems at experimental facilities, massive data storage, and high-speed networks – are brought to bear to solve the nation’s most pressing scientific problems.
The problems include assisting in astrophysics research, delivering new materials, designing new drugs, creating more efficient engines and turbines, and making more accurate and timely weather forecasts and climate change predictions.
Increasingly, computational science campaigns are leveraging distributed, heterogeneous scientific infrastructures that span multiple locations connected by high-performance networks, resulting in scientific data being pulled from instruments to computing, storage, and visualization facilities.
However, since these federated services infrastructures tend to be complex and managed by different organizations, domains, and communities, both the operators of the infrastructures and the scientists that use them have limited global visibility, which results in an incomplete understanding of the behavior of the entire set of resources that science workflows span.
Continue reading: https://opengovasia.com/leveraging-artificial-intelligence-and-machine-learning-to-solve-scientific-problems-in-the-u-s/

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This nonprofit empowers girls from underrepresented backgrounds to work in tech

Growing up in Virginia, Dominique Meeks Gombe idolized her family physician — a young Black woman who inspired Meeks Gombe to pursue her passion for chemistry.
While Meeks Gombe began her career working in an environmental chemistry lab, after observing multiple inefficient processes in and around the lab, she took the initiative to teach herself to code in order to automate and streamline those issues.
That sparked her love for coding and imminent career shift. Now a software engineer at Capital One, Meeks Gombe wants to be a similar role model to her childhood mentor and encourage girls to pursue any career they desire.
"I'm so passionate about technology because that's where the world is going," Meeks Gombe said. "All of today's problems will be solved using technology. So it's very important for me, as a Black woman, to be at the proverbial table with my unique perspective."
Continue reading: https://www.upworthy.com/girls-for-a-change

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Women are slowly getting ‘azadi’ from the patriarchal style of investing

Wealth Management is also getting digitized like other businesses. Fintechs are changing the global investment landscape completely as data analytics, AI/ML, and AR/VR tools are getting significantly deployed over the last couple of years.
This can be experienced from the unique gamification seen in investing, insuring, and lending platforms, and the steady rise in fully automated or robo-advisory models. Domestically too we are seeing rapid growth of such technology driven platforms driven by new generation individual investors – both retail and HNIs.
It goes without saying that women are equal contributors in this evolving trend as they constitute almost 50 percent of India’s population.
Women’s participation in the labor force has also been on the rise, driven by rising awareness around education. This has created opportunities for women to earn for themselves and become financially independent.
Continue reading: https://yourstory.com/herstory/2021/08/women-azadi-patriarchal-style-investing/amp

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Women Must Lead South Africa’s Digital Economy

Female representation in senior management and executive roles in companies around the world remains low, however in South Africa it is stagnant. Worse still, women make up a mere 10% of CEOs at the world’s biggest tech firms, so one can only imagine how low the number is in South Africa.
This is according to Zimkhita Buwa, the newly appointed CEO of Quintica South Africa, the market leader in service experience management, enabling businesses across the Middle East and Africa to evolve digitally.
A person sitting on a chair Description automatically generated with medium confidence
For almost 20 years, Buwa has been a trailblazer in the innovation and digital space, working her way up from SAP Business Intelligence Analyst at an African-based energy group, to Chief Operating Officer at a well-known software development house, and later becoming Head of Intelligent Business Applications Core Practice at a global systems integrator and managed services provider for hybrid IT.
Since 2016, she has served on the board of Silicon Cape, a non-profit organisation that promotes technology entrepreneurship in the Western Cape, Africa’s Tech Capital. Her numerous accolades include winning the Techwomen Emerging Leader and MTN Outstanding Women in ICT awards, as well as being nominated for the Digital Female Awards in the category of Global Hero, representing women who follow diverse global goals and shape the world around them with their digital mindset. Now, she will be leading a local tech business focused on automation in a digital-first business world.
Continue reading: https://gnnliberia.com/2021/09/10/women-must-lead-south-africas-digital-economy/

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IoT cellular connections to reach 3 billion by 2026

Cellular internet of things (IoT) connections are expected to rise more than 3 billion by 2026 as the technology becomes more popular in homes and industry, according to new data from ABI Research.
Whereas cellular networks connect smartphones to carry voice through the air, allow text messages or internet surfing, cellular IoT connects physical devices or components, such as sensors, to the internet using the same cellular connections as smartphones.
Cellular IoT connects IoT devices in the home, piggybacking on the same mobile network and provides an alternative to low power, wide area networks (LPWAN) and non-cellular LoRaWAN and Sigfox technologies. Previously, cellular IoT devices used a ton of power, limiting its usefulness. However, with costs decreasing, the technology is becoming a popular option especially with new cellular standards such as NB-IoT, LTE-M and 5G MMTC emerging.
Continue reading: https://electronics360.globalspec.com/article/17167/iot-cellular-connections-to-reach-3-billion-by-2026

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Drones fired ‘seed missiles’ into the dirt. A year later, the trees are already 20 inches tall.

Technology is the single greatest contributor to climate change but it may also soon be used to offset the damage we've done to our planet since the Industrial Age began.
In September 2018, a project in Myanmar used drones to fire "seed missiles" into remote areas of the country where trees were not growing. Less than a year later, thousands of those seed missiles have sprouted into 20-inch mangrove saplings that could literally be a case study in how technology can be used to innovate our way out of the climate change crisis.
"We now have a case confirmed of what species we can plant and in what conditions," Irina Fedorenko, co-founder of Biocarbon Engineeringtold Fast Company. "We are now ready to scale up our planting and replicate this success."
Continue reading: https://www.upworthy.com/drones-fired-seed-missiles-into-the-dirt-a-year-later-the-trees-are-already-20-inches-tall

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Africa’s youth embrace technologies to transform agriculture

Africa loses a good percentage of its food after harvest and most farmers are still using rudimentary technologies to grow and take care of their crops. These scenarios have hampered the continent’s quest to be food secure over the years.
Fortunately, the situation is slowly changing as the youth in the continent take up innovative agribusinesses to offer solutions to farmers.
Some of the technologies were on display at an ongoing Africa Green Revolution Forum in Nairobi, Kenya, hosted by the Alliance for Green Revolution in Africa.
“Africa does not really lack food security. We produce in plenty. What is missing are storage and processing facilities and technologies,” said Tracy Kimathi, managing founder of a firm that offers cold storage solar services. Her company provides pay-as-you-go services that are ideal for both farmers and traders in urban and rural areas.
“Our affordable solar storage facilities enable people to store meat, fruits and vegetables overnight at a small fee to avoid spoilage,” she said.
Continue reading: https://newsghana.com.gh/africas-youth-embrace-technologies-to-transform-agriculture/

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TOP 5 AGRICULTURE DRONES START-UPS TO KNOW IN 2021

These agriculture drones start-ups have been contributing their part to the agriculture sector
Agriculture is a sector that is always in the hype. It is one of the most essential parts to keep us all alive. As farmers deal with tough times in monitoring and harvesting crops, new technological trends such as drones are making their work hustle-free. Let’s see the top 5 agriculture drones start-ups to know in 2021
1 Aerobotics
Aerobotics is one of the agriculture drones start-ups that are based on farm management and pest management solutions. It offers AI-enabled pest detection, drone imagery services, disease detection, orchard, and yield management. It was founded in 2014 and is a Cape Town-based start-up.
2 Gamaya
Gamaya is a precision farming solution that uses HSI technology deployed through drones. It is one of the agriculture drones start-ups that use small unmanned aircraft systems for remote sensing and high-resolution imagery. The company is also a winner of the IMD start-up competition and was founded in 2014 which is based in Switzerland.
Continue reading: https://www.analyticsinsight.net/top-5-agriculture-drones-start-ups-to-know-in-2021/

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Drone Disruptors: Flytrex is bringing drones to your backyard

The world’s largest companies have been pushing drones as a delivery method of the future for nearly a decade now. The thing is, those same companies are starting to pull back. Recently, both Amazon and DHL, two of the biggest companies that have ventured into the drone space, have shied away from drones, with the latter ceasing drone development entirely.
With the bigger players cooling off on drones, the space is ripe for the picking for the hundreds of drone startups that have been innovating for years behind the scenes. In this new five-week series, Modern Shipper will be highlighting five companies that are making noise in drone delivery. This week, Modern Shipper sat down with Flytrex co-founder and CEO Yariv Bash to talk coffee, cloud computing and drones in your backyard.
Coffee on command
When asked about what Flytrex does, Bash provided an example that sounded downright utopian.
“I can offer a subscription to your morning coffee from Starbucks each morning,” he said. “You can get your Starbucks coffee every morning at 7 a.m. before you start your daily commute, to your backyard, each day. And it’s a robotic system.”
Continue reading: https://www.freightwaves.com/news/drone-disruptors-flytrex-is-bringing-drones-to-your-backyard

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Hartford-based company supplying free drone training for first responders

Saturday marks 20 years since one of the worst tragedies in U.S. history, the Sept. 11 terrorist attacks.
A Hartford-based company called Aquiline Drones is honoring first responders in a unique way.
Aquiline Drones said it recognizes that first responders have a difficult and dangerous job.
It is giving them training that could make their jobs a little safer.
Three years ago, it took three fire departments to get a blaze in Waterbury under control.
It was at a building that used to be the Ansonia Copper and Brass Factory. The fire broke out in July 2018 and for days, smoke could be seen drifting from the huge factory which was over 100,000 square feet.
"We've had four mill fires in the last 5 years,” said Chief Terry Ballou, Waterbury Fire Department. “And mill fires as we all know are spectacular."
Continue reading: https://www.wfsb.com/news/hartford-based-company-supplying-free-drone-training-for-first-responders/article_2617f250-118f-11ec-9d50-83160be45dd8.html

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Drone adoption – the journey from small-scale to large: part 1

Everyone agrees drone services will bring all sorts of benefits – from search and rescue to inspecting assets and infrastructure to delivering groceries. And there are plenty of small-scale use cases showing the practical benefits of drones. But what key challenges will we need to overcome to really reap the full benefits of large-scale drone operations – for business, for commerce, and for society?
Four key challenges
The way I see it, there are four key challenges facing the mass adoption of drones. The first is rooted in the technological concept itself. Namely, that’s it okay to have one or two unmanned aerial vehicles (UAVs) flying above our heads, but to have fleets of drones in our skies adds a whole other dimension of complexity. For example, how do you know where every single drone is from one moment to the next? How can you operate them efficiently and effectively? And, above all, how do you manage the airspace they move around in safely and securely?
The second challenge is one of regulation. Commercial drones are relatively new technology, but the regulations governing how airspace is managed are built on a philosophy that’s at least 40 years old. So the big question is, how do you bring the regulatory environment up to date with the enormous advances we’ve seen in digital transformation in the last five years? In other words, how do you digitize airspace? And lastly, on this point, how do you integrate drone traffic and manned air traffic safely and at scale?
Continue reading: https://www.linkedin.com/pulse/drone-adoption-journey-from-small-scale-large-part-1-julia-jiggins/?trk=articles_directory

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Drone Technology: The Biggest Disruptive Technology of the Next Decade

Drones are the key technology of the coming two decades. They are used in many different aspects of industry, and commercial use of this technology has never been higher. IDTechEx predicts that the drone market will reach $22Bn+ by 2041, attributed in part to this wide range of use cases, in its market research report - "Drone Market and Industries 2021-2041". This article aims to provide you with an understanding and insight into this market.
There has been an increase in drone investment over the past 4-5 years at the time of writing. There have been increases in hardware, particularly from 2018-2019, as capabilities in analytical software and machine learning lead to wider use cases and adoption of drone hardware. Furthermore, with drone technology being accessible to the general public, there has been an increase in investment around consumer drones and lower price point products.
With this increase in investment comes a wide range of products. Different drones have different applications. Rotary drones are typically more of an efficient design for smaller drone sizes. With four fixed-pitch props, there are few moving parts and thus reducing the cost of the drone. However, this design does not scale up very well. As a result of this, fixed-wing drones are typically used for longer distances, where less dynamic handling is required. Use cases include surveying or mapping, where the drone can follow a fixed path and map a large area whilst remaining in the VLOS of the drone pilot.
Continue reading: https://www.idtechex.com/en/research-article/drone-technology-the-biggest-disruptive-technology-of-the-next-decade/24712

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Bitcoin to Bucks: Crypto Fans Borrow to Buy Homes, Cars—and More Crypto

Michael Anderson mined bitcoin in his dorm room and left a corporate job to invest in cryptocurrency projects. When he bought his first home in San Francisco this year, he didn’t turn to a bank. Instead, he borrowed against his cryptocurrency.
Crypto enthusiasts such as Mr. Anderson are tapping their holdings to buy homes, cars and, often, more crypto. They are getting these loans from upstart nonbank lenders and automated, blockchain-based platforms.
Like banks, these lenders typically take deposits. Unlike banks, their deposits take the form of crypto. The crypto deposits—which earn higher-than-average interest rates—are used to fund loans to borrowers who pledge crypto as collateral. These loans take many forms. Borrowers can get dollars or other traditional currencies, or stablecoins pegged to them, depending on the lender they are working with.
The business is growing rapidly. One group of crypto lenders has $25 billion in loans outstanding to individual and institutional clients, up from $1.4 billion a year ago, according to the crypto research firm Messari.
People use crypto-backed loans for the same reason they borrow against their stock portfolios: to reap the benefits of rising prices without diminishing the size of their bets. Ether, for example, has risen nearly 10-fold in the past year, eclipsing the interest on the average ether-backed loan. Borrowers can also use this strategy to avoid capital-gains taxes.
Continue reading: https://www.wsj.com/articles/crypto-fans-borrow-to-buy-homes-carsand-more-crypto-11631266200

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