THE PROMISE OF BLOCKCHAIN IS A WORLD WITHOUT MIDDLEMEN


THE PROMISE OF BLOCKCHAIN IS A WORLD WITHOUT MIDDLEMEN

 

In a world without middlemen, things get more efficient in unexpected ways. A 1% transaction fee may not seem like much, but down a 15-step supply chain, it adds up. These kinds of little frictions add just enough drag on the global economy that we’re forced to stick with short supply chains and deals done by the container load, because it’s simply too inefficient to have more links in the supply chain and to work with smaller transactions. The decentralization that blockchain provides would change that, which could have huge possible impacts for economies in the developing world. Any transformation which helps small businesses compete with giants will have major global effects.

Source: Harvard Business Review

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ASTRONAUT: WHAT CHINA’S MOON LANDING MEANS FOR US

ASTRONAUT: WHAT CHINA’S MOON LANDING MEANS FOR US

 

China started out the year by doing something that no nation has done before: It landed a spacecraft and an accompanying rover on the far side of the moon with an ambitious scientific payload package and an exciting mission ahead to study the interior structure of the moon with the help of ground-penetrating radar, among other things.

Almost equally impressive from a technical standpoint, China successfully placed a communication relay satellite into a lunar halo orbit to enable the command of, and communication with, both the spacecraft and rover, which do not have line-of-sight views of Earth for direct radio contact.

Source: CNN

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ELON MUSK: SPACEX´S “BFR” ROCKET WILL DO MORE THAN TAKE US TO MARS

ELON MUSK: SPACEX´S “BFR” ROCKET WILL DO MORE THAN TAKE US TO MARS

 

SpaceX founder and CEO Elon Musk attended the International Astronautical Congress (IAC), on Friday where he once again spoke about plans for making humans multiplanetary. Musk has been teasing updates for a while about a rocket that would be part of an Interplanetary Transport Systems (ITS). This rocket — or rocket system — doesn’t have an actual name yet, but for now it’s going by its code name: BFR.

Source: Futurism

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INNOVATIVE HYUNDAI ‘ELEVATE’ WALKING CAR CONCEPT CREATES A NEW VEHICLE CATEGORY, THE UMV, ULTIMATE MOBILITY VEHICLE

INNOVATIVE HYUNDAI ‘ELEVATE’ WALKING CAR CONCEPT CREATES A NEW VEHICLE CATEGORY, THE UMV, ULTIMATE MOBILITY VEHICLE

 

This vehicle combines the power of robotics and EV technology to take people where no vehicle has been before. The four-legged Hyundai ‘Elevate’ will redefine our perception of vehicular mobility. This design concept and prototype will be showcased at the Hyundai’s press conference on January 7 at 3 p.m. at the Mandalay Bay South Convention Center, Level 2, Oceanside B.

Source: Hyundai.com

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