Citigroup, Barclays Near End of Blockchain Test Managed by IBM
- Matthew Leising (Bloomberg) -- Barclays Plc and Citigroup Inc. are poised to complete a test of how blockchain technology can streamline their operations as part of a group organized by IBM and one of the world’s largest financial infrastructure providers.
- The project, known as LedgerConnect, aims to allow banks and financial firms to share techniques for know-your-customer checks, collateral management and sanctions screening.
- The allure of the LedgerConnect project is that it lets banks cut their technology and operations spending by allowing them to share services on a network, Ram Komarraju, head of innovation and solution delivery at CLS, said in an interview.
- CLS’s background in connecting banks and traders in the global foreign exchange market makes it a natural fit to running a blockchain network, said Alan Marquard, chief strategy and development officer at CLS.
As Cars Collect More Data, Companies Try to Move It All Faster
- As more electronics like window and seat controls were added to cars, the CAN bus was tweaked over the years with additional local interconnection networks, or LINs, to handle the swelling communications load.
- Underscoring the urgency for a new high-speed network in cars is the coming wave of autonomous driving systems.
- Although copper faces some challenges transmitting high-speed data over long distances, the lengths required in most cars are relatively short, and automakers have decades of experience working with it.
- But most current Ethernet networks typically have a top speed of 1 gigabit per second (Gbps) — not fast enough to handle the torrent of data that an autonomous vehicle would produce.
- Initially developed to handle high-resolution video and audio, HDBaseT can also transmit power and Ethernet-based communications — up to 6 Gbps — over unshielded copper cables.
Equinix Expands Miami Data Center That’s Key to Latin American Connectivity
- Equinix has completed the first of two construction phases on the fifth floor of NAP of the Americas, Miami’s big data center and interconnection hub that serves as the biggest gateway the world’s data traffic travels through to reach markets in Latin America and the Caribbean.
- It opens up the sought-after data center to customers who need larger, 100-cabinet or so, footprints, Chris Kimm, senior VP of operations for Equinix Americas, wrote in a blog post.
- Miami is where most Latin American networks peer with each other, and NAP of the Americas, which Equinix now calls MI1, is the biggest peering location in the city.
- It’s also where Latin American network operators get access to submarine cables that land in Miami, carrying traffic destined for Latin American markets.
Grifols Increases IT Efficiency and Builds Global Data Center Network with Cisco ACI
- Grifols is a global healthcare company working to improve the health and well-being of people around the world.
- Additionally, the company sought better IT scalability and security, and built its first global connected data center infrastructure, with a new data center in Sant Cugat, outside of Barcelona.
- Grifols used the help of its close service provider partner Acuntia, to deploy Cisco ACI as the network foundation at this new data center, the first ACI presence across all of Spain’s data centers.
- How ACI helped conquer challenges: Cisco ACI enabled Grifols to define application and security policies upfront, with simplified administration and implementation.
- Further, ACI’s multi-site capability allowed Grifols to connect all its four data centers (two in US and two in Spain), all running the same configurations, policy and security.
- Outage in one data center enabled services to failover to the others.
Fast & Flexible – New 4th Gen Fabric Interconnect and VIC
- This provides UCS customers with higher bandwidth and more configuration options, so they can have higher performance ports and the flexibility to support LAN and SAN connectivity for all servers within a domain.
- The 6454 enables 10/25 Gigabit Ethernet port for server connectivity that increases the throughput more than 3.4X compared to FI 6248 and reduces latency by 2X compared to the 2nd Gen Fabric Interconnect.
- The UCS Fabric Interconnect 6454 is supported by Cisco Intersight: Cisco’s systems management platform that delivers intuitive computing through cloud-powered intelligence.
- The Cisco UCS VIC 1400 series provides high network performance and low latency for the most demanding applications.
- UCS 5108 Blade Server Chassis continues the successful platform that has proven itself over four generations of Cisco UCS Fabric Interconnects and multiple generations of processors.
How Many Edge Sites Will It Take?
- But let's take the related question as a thought experiment – and see how many edge locations it would take to provide fast service for network requests.
- In this context, an "edge location" is the closest place to you that runs some application you're interested in.
- Assume for the moment that we have enough compute resource to serve the request at each location, so we need one location close enough to each user such that network latency is below a given bound.
- So how many locations will we need to be within a certain "latency envelope" of everyone on every square mile of the planet?
- The takeaway point is the number of locations increases significantly with lower latency bounds.
- In my next post, I’ll examine some assumptions made here, specifically the challenges around placing applications in the right edge locations.
China's Latest Blockchain Rankings Pins EOS on Top, Bitcoin at #10
- China has released its blockchain rankings for August, rating public blockchain networks like Bitcoin and Ethereum based on their application and technology.
- In the case of EOS, which received the highest points in the category of technology at 104.3 points, it is highly likely that its proof-of-stake (PoS) consensus algorithm, which is capable of processing a significantly large number of transactions in comparison to other blockchains like Ethereum and Bitcoin, led the government to rank it as the top blockchain.
- The logic behind CCID’s decision to rank EOS, Ethereum, and Stellar, which in essence are high performance blockchain networks, above Bitcoin is clear, given the criteria which prioritizes innovation and application.
- But, track record and security are also important to consider in a ranking which encompasses a wide range of blockchain networks, including bank-focused Ripple, store of value like Bitcoin, and PoS dApp networks like EOS.
Dark view of business: Australia's energy policy in a race to the bottom
- On Saturday The Australian reported that Malcolm Turnbull had promised to target the big three energy companies (AGL, Origin and Energy Australia) for "market manipulation and deliberately inflating power prices through secret contracts".
- Research conducted for this year's landmark ACCC review of the retail market found that South Australian prices ranked third highest against a basket of international comparators that was made up of European nations.
- The data supports a view that the generators were excessively opportunistic in pushing wholesale margins through the succession of supply-side disruptions that started with the severing of the Basslink interconnector in April 2016, that became a instant crisis in September of that year when South Australia's network collapsed and that translated into a pricing opportunity in March 2017 with the unforgivably abrupt closure of Victoria's Hazelwood power station.
Tired of Twitter? Join Me on Mastodon
- Mastodon is the most popular Twitter alternative—at least, for those of us who would like fewer fascists on our social networks.
- The social network garnered a lot of press last year, when fed-up Twitter users gave it a shot.
- It’s mostly like Twitter, but instead of living in one place, the social network lives in different chunks, called “instances,” each with its own rules and administrators.
- Some who saw 2017’s mini Twitter exodus happening dismissed it as a passing fad, while others dissed Mastodon as a dead-end social network doomed to extinction just like its eponymous megafauna.
- But the thing is, as long as administrators are paying to maintain their instances, Mastodon can expand or contract naturally without threatening the entire network.
- Even though there’s a tool to help you find your Twitter friends on Mastodon, there aren't too many so far.
Wikipedia Rival Everipedia Debuts, Rewarding Users With Crypto Tokens
- Billing itself as “the online encyclopedia reinvented for the modern age,” Everipedia has officially introduced its long-anticipated, peer-to-peer, online encyclopedia using EOS.IO technology that rewards users with crypto tokens for providing and editing articles.
- Seeing itself as as an alternative to Wikipedia, Everipedia seeks to democratize the encyclopedia model and offer incentives to content providers.
- The rewards system is designed to provide a more inclusive, fully-autonomous encyclopedia without donations or advertisements.
- Users only need an EOS account and IQ tokens to create content and vote on iqnetwork.io.
- Theodor Forselius, CEO and co-founder, added that Everipedia will help decentralize global knowledge on the blockchain.
- Kazemian and Forselius joined Mahbod Maghadam and Travis Moore in 2015 to create Everipedia as a more inclusive alternative to Wikipedia.
- Everipedia already has millions of unique monthly visitors and about 6 million encyclopedia articles, exceeding English Wikipedia in content.