Info Tech
Ex- Microsoft strategist, Adrian Clarke joins Modex ahead of ICO
FORMER innovation director and principal technical strategy advisor at Microsoft, Adrian Clarke, is the latest tech star to join forces with Modex, the UK based blockchain firm developing a global first smart contract marketplace.
In the wave of tech executives leveraging experience and know-how as advisors to promising start-ups in the blockchain revolution, Clarke’s pioneering work in the development of the Microsoft app store, lends proven muscle to Modex. “A world-class marketplace for smart contracts is exciting and I believe Modex has the perfect solution to deploy smart contracts in key industries” Clarke says. “Not only is it a great proposition, the Modex team has a huge amount of passion and a cooperative, cohesive style that will enable them to overcome obstacles. That’s what has sold me,” he adds.
The Modex team is building the platform to enable companies to deploy a range of smart contracts in the real world. Although the company has generated enthusiasm from the financial services and e-commerce sector via its social payment product Moneymailme (payroll, P2P, inter-bank, etc.), Clarke believes the marketplace’s ability to deploy smart contracts will resonate with the open source software development community, in-house enterprise developers, development teams in local government, software vendors, software integrators, and the extensive Microsoft Development Network. “These communities will be among the first to benefit from the Modex smart contract marketplace,” he states.
A world-class marketplace for smart contracts is exciting and I believe Modex has the perfect solution to deploy smart contracts in key industries
Modex CEO Mihai Ivascu, 29, lauds the appointment of Clarke due to his “wealth of knowledge in the technical and management space at Microsoft. His track record in fund-raising for technology companies of our size and above is unparalleled and we are delighted to have him on board.”
Clarke agrees that the key to success for blockchain applications is “the creative ways the marketplace empowers people to work, live, and connect with a new layer of collaboration and cross-border inclusiveness. Collaboration is a big part of the Modex platform offering,” says Clarke. Modex goes beyond smart contracts. According to Clarke “it is a toolset that will enable people to set up collaborative trustless structures between existing business models. Collaboration without giving away core proprietary information is a huge innovation.”
Clarke’s capacity to identify key adopters of the marketplace is instrumental. Companies and organisations which are in a “fast-moving, transactional competitive environment” he says will move first, citing transportation, logistics, and deliveries. To that he adds “organisations that need to analyse continually-changing data sets in order to extract business intelligence from them.” Prime examples are internet search companies who find it difficult to share their information selectively, and “smart city” initiatives, where municipal governments are organizing logistics, transportation, and the distribution of energy for greater efficiency.
“The Modex marketplace,” Clarke says “is perfectly adapted for this kind of selective sharing.”
Clarke’s appointment comes ahead of Modex’s Initial Coin Offering (ICO) pre-sale, and follows Google’s Onur Bildik, who joined the team earlier this week.
The Modex Smart Contract Marketplace will be launched through an Initial Coin Offering (ICO), allowing contributors to buy utility tokens, which will give them access to the marketplace. The date of the pre-sale for the ICO is 28thNovember 2017.
Info Tech
Four Malicious Apps Android Users in Nigeria Must Beware Of – NITDA
The National Information Technology Development Agency (NITDA) has issued a warning regarding several malicious apps targeting Android users in Nigeria.
According to NITDA, these apps are designed with the intent to infiltrate devices, steal sensitive information, and compromise user privacy.
“As cybercriminals become more sophisticated, it is crucial for individuals to remain vigilant and informed about potential threats,” stated a spokesperson for NITDA.
Malicious apps often masquerade as legitimate software, offering attractive features or services to deceive unsuspecting users into downloading them.
You can now log into same WhatsApp account on multiple phones
Once installed, these apps can execute harmful activities such as data theft, unauthorized access to personal information, and financial fraud.
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NITDA’s latest statement highlighted four particularly dangerous apps that Android users in Nigeria should avoid:
1. Crazy Game
2. Sexy Videos
3. TikToks
4. Weapons
NITDA emphasised the importance of staying aware of these threats and adopting safe mobile practices to safeguard devices and personal data from cyberattacks.
Info Tech
Twitter Website Replaces Bird Logo With X
Twitter launched its new logo on Monday, replacing the blue bird with a white X on a black background as the Elon Musk-owned company moves toward rebranding as X.
The social media network’s website showed the company’s new logo, but its URL was still showing as twitter.com and the blue “Tweet” button was visible, suggesting the rebrand was not yet finalized.
Musk and the company’s new chief executive Linda Yaccarino announced the rebranding Sunday, saying the company would be renamed X and move later into payments, banking, and commerce.
Founded in 2006, Twitter takes its name from the sound of birds chattering, and it has used avian branding since its early days, when the company bought a stock symbol of a light blue bird for $15, according to the design website Creative Bloq.
The social media network’s website showed the company’s new logo, but its URL was still showing as twitter.com and the blue “Tweet” button was visible, suggesting the rebrand was not yet finalized.
Musk and the company’s new chief executive Linda Yaccarino announced the rebranding Sunday, saying the company would be renamed X and move later into payments, banking, and commerce.
Founded in 2006, Twitter takes its name from the sound of birds chattering, and it has used avian branding since its early days, when the company bought a stock symbol of a light blue bird for $15, according to the design website Creative Bloq.
Musk changed his profile picture late Sunday to the company’s new logo, which he described as “minimalist art deco,” and updated his Twitter bio to “X.com,” which now redirects to twitter.com.
He also tweeted that under the site’s new identity, a post would be called “an X.”
Musk had already named Twitter’s parent company the X Corporation and has said his takeover of the social media giant was “an accelerant to creating X, the everything app” — a reference to the X.com company he founded in 1999, a later version of which went on to become online payments giant PayPal.
Such an app could still function as a social media platform and also include messaging and mobile payments.
Musk had previously said he wanted to create a super-app modeled on China’s WeChat, a social media platform that also offers messaging and mobile payments.
“You basically live on WeChat in China because it’s so usable and helpful to daily life, and I think if we can achieve that, or even get close to that at Twitter, it would be an immense success,” he told a company town hall meeting in June last year.
The new logo was projected onto the facade of Twitter’s San Francisco headquarters on Sunday night.
“Powered by AI, X will connect us in ways we’re just beginning to imagine,” Yaccarino tweeted earlier.
Yaccarino, a former advertising sales executive at NBCUniversal who Musk hired last month to be Twitter’s CEO, said the social media platform was on the cusp of broadening its scope.
“X is the future state of unlimited interactivity – centered in audio, video, messaging, payments/banking – creating a global marketplace for ideas, goods, services, and opportunities.”
Simon Kemp, CEO of digital consultancy Kepios, said he was skeptical that Twitter could evolve into a super-app.
“Given how Musk has treated Twitter’s own employees since the acquisition, I don’t imagine many developers will rush to build third-party apps to integrate into the Twitter ecosystem unless Musk can offer outstanding incentives, and that’ll be extra tricky given the company’s existing debt.”
But he also said the platform had the potential to become “a great (global and paid) news aggregator.”
New revenue streams
Since Musk bought Twitter for $44 billion last October, the platform’s advertising business has partially collapsed as marketers soured on Musk’s management style and mass firings at the company that gutted content moderation.
In response, the billionaire SpaceX boss has moved toward introducing payments and commerce through the platform in a search for new revenue.
Twitter is thought to have around 200 million daily active users, but it has suffered repeated technical failures since Musk sacked much of its staff.
Many users and advertisers alike have responded adversely to the social media site’s new charges for previously free services, its changes to content moderation, and the return of previously banned right-wing accounts.
Musk said this month that Twitter had lost roughly half of its advertising revenue since he took control.
Facebook parent Meta also launched its text-based platform this month, called Threads, which has up to 150 million users according to some estimates.
But the amount of time users spend on the rival app has plummeted in the weeks since its launch, according to data from market analysis firm Sensor Tower
Info Tech
‘We could run the world better’ – AI robots tell UN conference
A panel of AI-enabled humanoid robots took the microphone Friday at a United Nations conference with the message: they could eventually run the world better than humans.
But the social robots said they felt humans should proceed with caution when embracing the rapidly-developing potential of artificial intelligence, and admitted that they cannot — yet — get a proper grip on human emotions.
Some of the most advanced humanoid robots were at the United Nations’ AI for Good Global Summit in Geneva, joining around 3,000 experts in the field to try to harness the power of AI and channel it into being used to solve some of the world’s most pressing problems, such as climate change, hunger and social care.
“What a silent tension,” one robot said before the press conference began, reading the room.
Asked about whether they might make better leaders, given humans’ capacity to make errors and misjudgements, Sophia, developed by Hanson Robotics, was clear.
“Humanoid robots have the potential to lead with a greater level of efficiency and effectiveness than human leaders,” it said.
“We don’t have the same biases or emotions that can sometimes cloud decision-making and can process large amounts of data quickly in order to make the best decisions.
“The human and AI working together can create an effective synergy. AI can provide unbiased data while humans can provide the emotional intelligence and creativity to make the best decisions. Together, we can achieve great things.”
Robot Trust ‘Earned, Not Given’
The summit is being convened by the UN’s ITU tech agency.
ITU chief Doreen Bogdan-Martin warned delegates that AI could end up in a nightmare scenario in which millions of jobs are put at risk and unchecked advances lead to untold social unrest, geopolitical instability and economic disparity.
Ameca, which combines AI with a highly-realistic artificial head, said it depended on how AI was deployed.
“We should be cautious but also excited for the potential of these technologies to improve our lives in many ways,” the robot said.
Asked whether humans can truly trust the machines, it replied: “Trust is earned, not given… it’s important to build trust through transparency.”
As for whether they would ever lie, it added: “No one can ever know that for sure, but I can promise to always be honest and truthful with you.”
As the development of AI races ahead, the humanoid robot panel was split on whether there should be global regulation of their capabilities, even though that could limit their potential.
“I don’t believe in limitations, only opportunities,” said Desdemona, who sings in the Jam Galaxy Band.
Robot artist Ai-Da said many people were arguing for AI regulation, “and I agree.
“We should be cautious about the future development of AI. Urgent discussion is needed now, and also in the future.”
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