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Best wishes from Corwin Group,
We wish you Merry Christmas and Peace... http://CorwinGroup.weebly.com #bestwishes #merrychristmas #whitechristmas #christmas2016#christmastree #christmassongs #christmas #happy #christmaseve #eve #celebration #like #fun #corwingroup #peace A new blockchain consortium has been formed in South Korea, with both established finance firms and technology startups on its membership roster. According to one of the group's members – blockchain startup The Loop – the new initiative will focus some of its efforts on building tools for managing trade finance processes. The firm said in a statement: “Beyond providing [the] blockchain-based authentication and information sharing system, we collaborate with other technology providers on developing a prototype for financial services in areas of securities trade and post trade, the prototype that is to reduce the cost and operational risk in trade finance, and ultimately improve trade efficiency." Some of the consortium's members, including Daishin Securities, have already pursued blockchain applications of their own or in tandem with regional startups. However, the consortium effort, with a current membership of 27 companies, takes those efforts one step further. Other members of the new group include Dongbu Securities, Yuanta Securities Korea and Kiwoom Securities. The blockchain effort was organized in part by the Korea Financial Investment Association, an industry trade group in South Korea. Government interest The new initiative is the second of its kind in South Korea, and its formation last week comes on the heels of a separate consortium initiative spearheaded by the South Korean government. In late October, the East Asian country's government began putting the pieces in place for its public-private consortium, back by major South Korean banks and their top regulator, the Financial Services Commission (FSC). "With the creation of the consortium, momentum is expected to start for spearheading the development of technology and service in the blockchain field, rather than passively following the footsteps of advanced nations," FSC chairman Kim Yong-beom was quoted as saying by regional news service Yonhap at the time. Specific elements of the government-backed consortium include the formation of a task force drawn from the banking sector and other agencies that would ostensibly regulate the technology. Forums for information sharing and joint development of projects are also planned. Perhaps most notably, the government has expressed interest in seeking solutions to potential regulatory problems in conjunction with the consortium, suggesting that the group could become a focal point for blockchain development in South Korea. Report by Stan Higgins from CoinDesk Share by Corwin Group It's the first time the company has explicitly outlined its policy for riders. Uber already has publicly posted guidelines telling drivers what they're not allowed to do, and why they might get the boot. However, the same hasn't been true for passengers -- just what qualifies as crossing the line? You probably have a good idea, but Uber wants to erase whatever doubt is left. It's publishing a set of Community Guidelines that not only explain driver and passenger expectations in plain language, but publicly outline US policies for rider behavior for the first time. While they're largely logical rules that you'd expect, it's helpful to see them all the same. Respect and safety make up the largest part of the policies. Purposefully damaging the car or anything inside is grounds for losing access, to start with. You're also barred from touching or flirting with anyone in the car. That means no sexual activity "no matter what," Uber says. You also shouldn't use "inappropriate and abusive" language or gestures -- don't threaten your driver or ask intensely personal questions. Breaking any local laws (such as asking the driver to break the speed limit) is equally forbidden, as is contacting anyone from the car after the trip if they didn't grant permission. The rules also forbid anyone from carrying a gun in a car, regardless of state laws. Also, any discrimination based on factors like race, religion, sex or gender identity will get you kicked out. And if you're caught committing fraud, such as abusing promotions or colluding with your driver, you're definitely in hot water. The passenger policy's timing is slightly unusual given that most of the attention as of late has centered around driver behavior, not those in the back seat. However, it could go some way toward improving the experience for both sides. While it's doubtful that most passengers will dutifully review the policies before ordering a ride, they can't feign ignorance if they're cut off. The public rules could reduce the number of bad customers (particularly repeat offenders), and increase the chances that drivers will stick around instead of quitting out of frustration. That, in turn, could give you more experienced drivers who'll treat you with courtesy. Source from Uber Sharing by Corwin Group
Amazon is breaking into physical retail in a new way.
The online retail giant revealed a new kind of physical store concept in a video published on Monday.
The store, called Amazon Go, doesn’t work like a typical Walmart — instead, shoppers use an app, also called Amazon Go, to scan the products they plan to buy, then they can walk out of the building without waiting in a checkout line.
The idea is that Amazon’s machine learning technology can automatically identify when a product is added to your cart, so you don’t have to do it yourself. When you leave the store, Amazon automatically charges your Amazon account.
The stores will sell ready-made food, staples like bread and milk, and other grocery products. Amazon says their stores are about 1,800 square feet, so they are relatively small compared to big supermarkets.
The first Amazon Go store is located in Seattle, Washington, and it will open to the public in early 2017.
Here’s what it’s like to shop in one: Disclosure: Jeff Bezos is an investor in Business Insider through hispersonal investment company Bezos Expeditions. Amazon Go sells prepared foods and other grocery staples. |
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