Your house may look pretty astonishing from the outside and the inside, but ask yourself the following: Does it built to resist a strong earthquake? Can it withstand a strong typhoon without major damages?
If you’re planning to build your dream home, these questions must be answered prior to construction. Proper consultation to relevant Civil/Structural Engineers is a must. Not only for the reason that is stated in the National Building Code but for the safety of yourself and your family. Otherwise, your dream home can be a potential killer structure in future.
The design process does not only involve beautiful drawings. As such when it was conceptualised and only for presentation purposes. A proper design also involves Structural Analysis whether one story or two storey building no matter how big or small the project is.
Structural Analysis is a key skill defined simply as the determination of the strength and foundation of the whole structure. This branch of science enables Civil Engineers to determine the most economical proportions and dimensions of columns, footings, beams, slabs and other structural elements that could withstand the forces of nature. The purpose of which is to ensure the safety of its residents.
Would you agree that you and your family’s safety should not be compromised? It must be a priority the same as design for safety. Consult a Civil Engineer for the construction of your dream home. It is also equally advisable to consult an Architect for the visual, accessibility, fire rating materials and aesthetic design aspect, but sound structural analysis and building should be the most important which are managed by a qualified Civil/Structural Engineer. It’s not only for legal aspect, but it is also logical and practical in the long term. Have a peace of mind in times of unforseen forces of nature strikes.
What are your thoughts? Comment below.
Now the PHILVOCS posted the following guide on how to know if your home is SAFE.
Samsung Electronics Co. is the latest big name to show a keen interest in the powers of blockchain technology, specifically, how it can be incorporated into their supply chain management processes.
Even though cryptocurrencies may still be getting critiqued, it’s supporting technology is being more readily adopted. The advantages of blockchain such as security and immutability, are major drawcards for companies that rely heavily on record keeping, such as healthcare, finance, and even art.
BLOCKCHAIN TO AID IN SHIPPING
However, it is also a viable option for supply chain management, an option that massive electronics corporation, Samsung, is ready to explore. According to Bloomberg Quint, the company’s logistical and information and technology branch, Samsung SDS CO., could use a blockchain ledger to monitor their billion-dollar global shipments sector.
Song Kwang-woo, the blockchain chief at SDS, touched on how the technology could revolutionize other businesses:
It will have an enormous impact on the supply chains of manufacturing industries. Blockchain is a core platform to fuel our digital transformation.
A COST-EFFECTIVE WAY OF WORKING
A part of this digital transformation is working towards a paperless way of doing business. Not only are physical documents annoying, they’re expensive too. In fact, according to International Business Machines Corp., the documentation costs for container shipments is more than double that of other modes of transportation.
When it comes to Samsung shipments, this equals a substantial amount of money. For this year alone, SDS projects that the company will transport 488,000 tons of air cargo and one million 20-foot-equivalent (TEU) shipping units. The SDS has said that by implementing blockchain technology, the company could save as much as 20% in shipping fees.
It’s not just about saving money though. Blockchain technology could actually impact on overall customer satisfaction. This is because efficiency associated with this technology could mean a shorter time span between product launches and product shipment. Not only will that keep Samsung customers smiling, it will also give the company a competitive edge over their industry rivals.
Cheong Tae-su, who is a professor of industrial engineering at Korea University, explained a bit further:
“It cuts overhead and eliminates bottlenecks. It’s about maximizing supply efficiency and visibility, which translates into greater consumer confidence.”
What’s more, Samsung appears to be going all-in into cryptocurrencies in general as it recently announced manufacturing mining chips. This move that puts them in direct competition with the Taiwan-based company, TSMC, a preferred ASIC chip supplier to Bitmain.
SAMSUNG JOINS AN EVER-GROWING LIST
Samsung isn’t the only global company big on blockchain. Mastercardrecently announced that they will soon be hiring blockchain experts to help drive innovation with regard to payment solutions.
Governments are also realizing its benefits, with China financially contributing towards blockchain-based startups. In addition, the European Union has launched the EU Blockchain Observatory and Forum, which aims to foster blockchain promotion.
The blockchain business is definitely booming. The US-based research company, Gartner, has predicted that the technology will add $176 billion USD worth of value to businesses by 2025. This number is set to increase to over $3 trillion by 2030.
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MY COINPOT ACCOUNT SUMMARY IN JUST 3 DAYS: JANUARY 29-31, 2018
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DAILY TOTAL CLAIMS
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The world’s first cryptocurrency bank will be launching this first quarter of this year 2018. Monspace group of companies and CEO, Dato Sri Jessy Lai, announced on a live broadcast on social media and facebook last Dec 28, 2017. Monspace Multinational Corporation has more than 20 business entities in more than 8 industries including e-commerce, real estate, telecommunication, agriculture, fashion, food & beverage, entertainment, Aviation, Infocomm Technology, hotel and restaurants, etc. It has more than 18 million members across the globe.
Recently, Monspace just launched their own blockchain technology in cryptocurrency called MSD last October 1, 2017 and now it is listed on the CoinmarketCap.com .
MONSPACE BANK on it’s final stage to be open first at Hong Kong. Mobile Banking Apps for Android and Apple IOS soon to be launched.
Words from the CEO:
“3 Years ago, we told you Monspace Bank project is announced, 2 years ago we told you Monspace Bank is in progress, and today we tell you that Monspace Bank is in countdown stage!”
Monspace Bank is now in Beta version, it is undergoing testing to prevent from being hacked, and once the testings is over, Monspace Bank will be officially launch and all Monspace family members can start to register and open account!
Watch the full Monspace Business Perspective 2017 here.
Currently, the value of MSD is fluctuating from $0.008 – $0.016. With the recent announcement of the launching of Monspace Bank wherein, MSD and Electronic Currency will also be accepted in for bank transactions, it will surely attract more investors and more merchants to utilise MSD as mode of payments and investment opportunities. And therefore, it will be a big boost for the uptrend value of MSD.
The Bangko Sentral ng Pilipinas has acknowledged the presence and increasing popularity of virtual currencies (VCs) or cryptocurrencies such as Bitcoin. In line with this, they’ve issued an advisory for those who wish to partake in the market or use VCs.
With the issuance of Circular No. 944 dated 6 February 2017, any VC exchanges or businesses engaged in VC trading are required to register with the BSP as remittance and transfer companies. Other than that, they are also requiring these exchanges to have security measures and safeguards to address the risks that come with VC trade. VCs, though, are still not endorsed by the BSP as legal tender, store of value or investment vehicles.
The BSP is advising everyone who are tempted to invest in VC to be wary of pyramid schemes disguised as initial coin offerings (ICO) or VC investments and to be cautious when dealing with transactions related to it. Apart from that, they are encouraging to only deal with BSP-registered VC exchanges to minimize risk.
Below is a list of security considerations from the BSP:
Set-up and use a dedicated email account. Avoid using the same email accounts or username that you have used in public platforms such as social media.
Keep your VC-related email account to yourself. In any VC transaction, users need their email account and password. Thus, it is important to secure not only your password but also your email account.
Set a strong password. Use complex and hard-to-guess passwords (i.e. alphanumeric including symbols, lower and upper cases). Avoid re-using the same password for more than one service.
Observe basic internet security. Exercise caution in accessing your VC wallet especially when using wi-fi connections. Avoid installing software, browser plugins or downloading attachments from unknown or suspicious websites and emails. At the same time, do not leave your device unattended.
Subscribe to multi-factor authentication (MFA) provided by the VC wallet provider. VC users should enable, whenever available, MFA options to their VC accounts. Adding another layer of authentication can provide increased security to your VC account and transactions.
Separate your funds and use cold storage. VC funds should be separated in two or more digital wallets for transactional purposes. The main wallet used to store VC funds for future use should be kept offline or popularly known as cold storage wallet to minimize vulnerability to theft, hacking or fraud.
The terms in cryptocurrency ‘coin’ and ‘token’ are often used interchangeably. In practice, there are some differences… a bit.
Two terms used to describe units of blockchain value are COIN and TOKEN. Their meaning and usage overlaps considerably and they are often used interchangeably, but — strictly speaking, at least — there are some differences.
Function vs form
Very broadly, a crypto coin is just that: a coin, or means of payment, whilst a token has wider functionality.
The express purpose of a coin is to act like money: as a unit of account, store of value and medium of transfer. Coins tend to take the form of native blockchain tokens like bitcoin (BTC), Litecoin (LTC), Monero (XMR), and so on, though they do not have to. ChronoBank’s Labour Hour (LH) tokens, which are hosted on Ethereum, can be considered as coins. Their purpose is solely to act as a form of money, storing value over time and enabling businesses to account and pay for services. They are created as ERC20 tokens for reasons of convenience.
Blockchain tokens do have value, but they cannot be considered money in quite the same way that a straightforward coin can. Tokens are generally hosted on another blockchain, like Ethereum or Waves: 2.0 protocols that allow users to create them using the core coin (e.g. ETH or WAVES — though there’s some debate about whether ETH and WAVES, both of which act like ‘fuel’ for their systems, are coins in the same way that BTC acts as a simple currency).
Tokens offer functionality over and above that of digital cash. They may deliver value to investors, beyond speculative returns; this is one of the purposes of ChronoBank’s TIME token. That can occur in a variety of ways, though typically through buybacks (since dividend payments entail regulatory problems). They may be used to hold votes by the community on key business decisions, or even technical changes to the platform.
In practice, the line between coins and tokens is not clear and sharp. Both are used to transfer value, as a means of payment, in a similar way to that both USD and shares are used to reward people for work (though predominantly the former). It’s possible to host coins as tokens on 2.0 platforms, as is the case with LH on Ethereum. And the purpose of coins can go beyond simple payments; Crown (CRW), for example, uses batches of 10,000 coins locked in ‘Trons’ — masternodes — as a kind of electoral college for governance votes.
Whilst the language will no doubt continue to evolve with the technology, most people therefore agree on the broad strokes: coin = cash, token = everything else.