Samsung gets Deeper Into Crypto Exploring Blockchain for its Logistics

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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Token vs Coin — what’s the difference?

The terms in cryptocurrency ‘coin’ and ‘token’ are often used interchangeably. In practice, there are some differences… a bit.

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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.

Blurred lines

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.

 

UFC 207: 48 seconds is what it takes for Amanda Nunes to TKO’s Ronda Rousey

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LAS VEGAS — Amanda Nunes needed less than one minute to finish Ronda Rousey with a stunning first round TKO to cap off UFC 207 on Friday night in Las Vegas.

Rousey had stated  that this fight would be one of the last times she would ever step into the Octagon. Considering the results on Friday night, this might be the last time Rousey ever competes in the sport of mixed martial arts.

 

Untold or Unpublished Accomplishment for the first 120 days of Pres. Duterte

POST FACT. POST TRUTH

Wait a minute….

Did you know that we have a leader who …

… Has visited 14 military camps in just a month, including installations that no sitting president has ever laid eyes before. He also visited military hospitals and has invited wounded soldiers for a dinner get together in Malacanang. He was also able to conduct an actual command conference in Basilan.

…Has initiated peace talks with the left with the hope on ending a long standing armed struggle. Established goodwill by freeing prominent leftists leaders. Also pursuing peace talks with muslim secessionists.

…Has managed to negotiate for the release of foreigners held hostage by armed bandits in the south.

… Has handled a terrorist crisis well (Davao bombing) managing to immediately restore normalcy, personally visiting the dead and comforting the injured, and enabled the authorities to immediately track down the perpetrators. After which, he also managed to direct an all out offensive against the armed terrorists

…Has visited Batanes after a typhoon, and even if Batanes is governed by a prominent clan opposed to him.

… Has visited China, Japan, Indonesia, Brunei, Vietnam and attended an ASEAN Summit in Laos. Note the significance of giving priority to Asian neighbors. In China alone, he obtained commitment on investments and loans worth a combined $24Billion.

… in between two foreign trips, went to visit another typhoon ravaged area (Cagayan), on a Sunday when most people are resting…

… Has opened Malacanang to leftists, the first time ever said group was able to set foot in the palace.

…Has been mentioned or is a frequent topic of conversation now across the globe so much so that he and our country were even mentioned in a campaign rally by one of two presidential candidates in the US of A.

…Has managed to significantly improve airport and airline services, and got rid of the “tanim bala” scam by a simple directive.

…Has managed to improve LRT MRT services, including operation of basic but convenient facilities like escalators and elevators.

…Has managed to launch a nationwide emergency response system 911, and a nationwide government complaint center 8888 in just his first month in office.

… Has required the entire government to eliminate long lines or queue by ordinary people, and also simplify government transactions. For instance, drivers license are now valid for 5 years while passports will be valid for 10 years. Meanwhile, all permits and licenses and documents like NSO certificates, Seamans’ book should be released in 3 days.

…Has managed to sign an FOI for the executive branch of government, the only chief executive to do so.

… Has managed to significantly improve disaster preparedness and relief operations plus proper use and spend of government resources.

…Has managed to adopt changes in the agricultural sector to enable the country to be self reliant in food production and distribution. Most importantly, he ordered the DA to implement FREE IRRIGATION nationwide.

…Has paved the way to genuine land reform as well as directing the release of coco levy funds to the real beneficiaries.

… Has directed the adoption of responsible mining, and ordered DENR to comprehensively review all mining permits and impose sanctions to erring mining companies.

…Has directed the repatriation of stranded OFWs and personally welcoming them at the airport.

…Has managed to open one-stop-shops for OFW requirements for ease of transactions. Also ordered that balikbayan boxes worth less than P10,000 should be tax-free.

…Has ordered the discontinuance of ENDO for more than 10,000 affected workers.

…Has directed PAGCOR not renew licenses of online gambling and re-allocate its funds to be used to improve health services and education.

… Has managed to sneak in and around Metro Manila and personally put to task mayors who have been sleeping on the job. This is not being mentioned officially, and there will be a denial if there will be those who will try to confirm. Exhibit A: Divisoria Exhibit B: Alabang Exhibit C: Pasig

Finally —

800,000++ drug users pushers surrendering

20,000++ drug users pushers who were apprehended

1,500 drug users pushers killed in legitimate police operations

2,000 killed by unknown assailants and are under investigation.

Top drug lords either arrested or killed.

Protectors named

Details of Drug trafficking inside Bilibid revealed

A 10,000-capacity Mega Drug Rehab Facility being built in Nueva Ecija

Crime rate down by more than 40%

All these in 117 days..

… and with almost no more budget allocation for the year as this was used up in the 1st half by the previous admin..

By a foul mouth, uncouth, and psychopath president named Rodrigo Roa Duterte..

Need do we say more?
#ForTheMotherland

#NgangaNaNaman

———————-

Mark Lopez as posted on Facebook.

The Life of Dax

THE LIFE OF DAX ALEJANDRO

Dax Alejandro is an Actor, Physique Trainer, Life and Spiritual Mentor, and Life Speaker. But there is more from his life…

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Madami na syang pinagdaanan bago nya maabot ang estado na ito. Simula 17yrs pa lamang sya, nag trabaho na sya bilang isang messenger. Habang sya ay nagtatrabaho, hinimuk sya ng mga kaibigan nya na subukin ang pag aartista.

Sa kabutihang palad, may mga nakakita sa kanyang potential sa larangan ng pag arte. Nag teatro sya, lumabas sa telebisyon, nag karoon ng ibat ibang commercials at nag bida ma rin sa mga indie films.

Ngunit sa kabila ng mga ito, mas pinili nya na lumiban sa pag aartista. Naging humble sya at pinakita nya ang pagiging totoo. Inilaan nya ang kanyang talento sa pagiging Life & Spiritual mentor.

Mas pinili nya na mapalapit sa tao at tumulong gamit ang kanyang talento. Ipamahagi ang kanyang mga nalalaman at mag inspire. Sya ang itinuturing na lucky charm ng mga taong nakaka trabaho at nakaka salimuha nya.

Ngayon ay isang napakagaling leader at top earner sa isang newcomer na negosyo sa larangan ng networking. In fact, he is the Top 2 earner ng The-Limitless.com na kompanya. Subaybayan natin sya at maiinspire kayo sa kanya.

dax2dax1

Super-important habit of successful people like Bill Gates demonstrated even as a kid

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GatesReads

In a recent Forbes interview, Bill Gates’ dad reveals what the Microsoft billionaire was like growing up.

Perhaps unsurprisingly, the young Gates was an extreme bookworm:

Just about every kind of book interested him — encyclopedias, science fiction, you name it. I was thrilled that my child was such an avid reader, but he read so much that Bill’s mother and I had to institute a rule: no books at the dinner table.

That Gates loved to read as a kid is hardly surprising. Today, his personal blog “GatesNotes” features upwards of 150 book recommendations for everything from scientific histories to novels.

Among the world’s richest and most successful people, a passion for books and for lifelong learning is hardly uncommon. Author and self-made millionaire Steve Siebold has interviewed more than 1,200 of the world’s wealthiest people over the past three decades and has noted that reading for self-education is a common thread among them.

Investing legend Warren Buffett reportedly spends about 80% of his day reading, and continues to include book recommendations in his annual shareholder letters.

In 2015, Facebook’s Mark Zuckerberg resolved to read a book every two weeks, and even started a book club called “A Year of Books” so that he could discuss those books with the Facebook community.

Media mogul Oprah Winfrey selects a book every month for readers to discuss online as part of “Oprah’s Book Club 2.0,” and when tech billionaire Elon Musk is asked how he learned to build rockets, he reportedly answers, “I read books.”

Experts say reading is crucial for anyone in a leadership position. Writing in The Harvard Business Review, author John Coleman argues that reading can make you a better communicator and more empathetic.

Meanwhile, Scotty McLennan, a lecturer in political economy at Stanford Graduate School of Business, suggests that novels can boost leadership skills by showing readers reality in a way that case studies and business books can’t.

Obviously, there’s no one secret to becoming wildly successful. But a weekly trip to your local library is an almost surefire way to increase your knowledge and your effectiveness in business settings.

-source: businessinsider.com

President Rody Duterte: Won by Landslide May Election 2016 Philippines

PDP Laban Presidential aspirant Rody Duterte is leading the Partial and Unofficial Results and according to some analyst, there is no chance that Grace Poe or Mar Roxas is going to win anymore.

Mayor Duterte is still leading by 5M-6M to the second placer Mar Roxas and some analyst expected that this gap will still increase. Ad of 12:00Noon on May 10, 2016 The Partial Unofficial results is as follows with over 15Million votes for Rodrigo Duterte.


Many supporters is planning to celebrate the victory of Mayor Rody Duterte in their homes.

some of the supporters of other Presidentiables and said that they already accepted the result and they are willing to cooperate with the next President of the Philippines.

“We congratulate Mayor Rody Duterte, please do what you promised in the Philippines” One of the Netizen said to our source.

The soon to be President Rody Duterte offered friendship to his opponents.

Rody Duterte said that his victory party in Malacañang will be simple and no liquor will be served, only cola.

The final result of the election will be announced after the Official Canvassing is completed by the Comelec.

Mayor Duterte’s “Miting de Avance” in Luneta Draws Over A Million Supporters

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May 7, 2016: Mayor Rodrigo Duterte held his grand rally called “Miting de Abance” in the historic Luneta Park in Manila. The rally was also streamed online and viewed by more than hundred thousand netizens. The said event also trend on Twitter and televised on some regional TV stations. Other key Cities and Provinces also held a simultaneous show rally where thousands of supporters attended as shown on the photo above.
According to reports, over one million people came to Luneta to show their support for Mayor Rody Duterte. Below were the images captured during the event.

This slideshow requires JavaScript.

 All photos are grabbed from facebook. Credit to the respective owners.
Below is an aerial video coverage of the said event with massive attendance.
Comment your thoughts below.

The DUTERTE Presidency: Plans in His 6 years of Service Revealed!

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The Duterte presidency platforms were all set! And here are the things that he will do for the country:

CRIMES & DRUGS
-Suppress drugs & crimes within 3 to 6 months.
-Increase police salaries to P75,000 to P100,000 within 3 years.
-Installations of CCTV in all thoroughfares.
-Revival of the Special Courts to serious crime.
-Unite the country by healing of deeply-ingrained differences and shifting to Federal forms of government.

CORRUPTION
-Passage of the “Freedom of Information Act” and “Anti-Dummy Law”
-Lifting of the Bank Secrecy Law
-CCTV in all government offices

ECONOMIC BOOST
-Create jobs
-Industrialize and build factories
-Build a Philippine Steel Mill
-Build a “business Island” with ideal business atmosphere for foreign investors
-Limit 5 signatures for business permits (30 to 60 days)
-Maintain “Pantawid Pamilyang Pilipino Program” or 4Ps
-1 Billion “Small Capital Fund” outside Metro Manila
-Establish tourism, agricultural, and industrial hubs to create jobs in countryside.

AGRICULTURE
-Lower Cost of Food
-Get rid of middle man loan sharks
-Build food terminals with advanced facilities in their provinces.
-Build Mindanao railway system
-Free irrigation and subsidized fertilizers and seeds for farmers.

ENVIRONMENT
-Ban mining firms with records of exploitation
-Study renewable energy

OFW and WORKERS
-Improve labor conditions for Filipino workers
-No income tax for workers with P20,000 and below.
-No more contractualization.
-Gradual increase of salary for all other jobs/workers
-Back for OFW remittance
-Bring home OFWs in case of abuse.
-Tracking for protection of Filipinos abroad

EDUCATION and HEALTH
-Double the salary of teachers
-Build adequate classrooms and double the shifts
-Teach values and Filipino Pride
-Require all hospitals to treat very poor patients using government programs like Phil Health reserved funds and Department of Health budget

TRANSPORTATION
-Add more carriages to train lines
-Build fast lane linking airports and seaports to Metro Manila
-Decongest Metro Manila
-Develop Clark Airport and Batangas Seaport to ease traffic congestion

FOREIGN POLICY
-Pursue arbitration case

DISASTER & CLIMATE CHANGE
-Create 911