https://news.bitcoin.com/bitcoin-com-launches-blockchain-based-notary-service/
Took 'em long enough! my blog entry from 2013.
This one also.
Saturday, April 15, 2017
Thursday, April 13, 2017
"Blockchain Cost Accounting"
After finishing my coffee this morning and having made the rounds of the usual websites for the latest on the United Airlines I turned my thoughts to matters of Blockchain.
This phrase popped into my mind from nowhere: "Blockchain Cost Accounting". It simply emerged without calling. Blockchain is applicable to so many things. As a kid we thought it was funny to take book, movie or song titles and add; "between the sheets". Blockchain between the sheets? No so funny but the point is that putting Blockchain first and then adding some word to it from the broad domain of transactions that take place over a timeline and there is a phrase concept created worth of some application thought. Especially transactions involving value measured in terms of validation of truth related to time and event and the sub-category of those transactions that are subject to measurement or association with a monetary system medium of exchange.
Blockchain Cost Accounting. Think about that. It seems like a novel idea worth some thought. Somebody quicker and smarter than me, and those do exist in great number, must have thought about this simple idea. It is at the level of 2+2 = Wadda ya get?
Google search on the phrase: "Blockchain Cost Accounting" (in quotes, cuts out the ambiguity).
https://www.google.com/search?q=%22blockchain+cost+accounting%22&ie=utf-8&oe=utf-8&aq=t&rls=org.mozilla:en-US:unofficial
No Results!
Another claim to fame and bragging rights to be the first to enter a simple meaningful phrase into the WWW that nobody has ever expressed in these exact words. Perhaps I should go on to grab another first since the root phrase does not exist and enter this into the WWW with this blog entry:
"Blockchain Cost Accounting For Dummies"
A twofer!
Without quotes there are many hits that dance around the idea of applying Blockchain to Cost Accounting.
https://www.google.com/search?q=%22blockchain+cost+accounting%22&ie=utf-8&oe=utf-8&aq=t&rls=org.mozilla:en-US:unofficial#q=blockchain+cost+accounting
Using Blockchain to do Cost Accounting. No hit however uses the term most descriptive of the concept. It is like an explorer discovering an unknown island with a palm on it and calling it "Palm Island". There are few islands remaining to be discovered or mountains remaining to be named. In this abstract Information Age there are however many new new major abstract entities to be discovered and named.
Who has bragging rights to "Blockchain"?????
But I digress from a strict line of developing my thoughts on Blockchain Cost Accounting by taking time out of the Blockchain (or going down an unproductive or non-valid Blockchain called "Basking in Self Congratualtion" by reading the simplest expression writing on the wall that defines what others are writing about but giving no specific title describing it.
Cost Accounting
Cost Accounting is linked to financial matters but is primarily a management information tool. "Costs" are attributed to real and abstract entities but there is no direct medium of exchange payment related to these cost except that ultimately they sum up in the price of whatever may be sold for payment. Cost Accounting might be considered the geniuses of a thing over time until it is offered for sale. The offering price is the total of all "Costs" (plus profit, or profit might be considered a "cost" in the sense that it is due (in theory and hope) anticipated but not yet realized. That is a stretch but another way to look at profit that traditionally is a child of the Operating Statement. Doesn't the Balance Sheet market value of goods produced and held in inventory have an anticipated Profit component when/if sold at market price? Not going down that blockchain here but worth a thought in the grander BlockChain of things that have a timeline.
For example: United Airlines. Everybody is using United Airlines as an example and a whipping boy so why not me too?
The cost of a ticket includes a number of various fees and charges added on to the basic fare that buys a seat on an airplane to go somewhere.
Or not!
Then in addition to whatever the ticket buys there are additional charges, fees, taxes, etc. added. A law was introduced to prohibit charging for the use of a restroom on a flight. Not passed but fortunately not introduced by Ryan Air. Perhaps a bidding war for use? ...Joke?
What if all those additions to the base price of the ticket were blockchained to their actual cost in a "Blockchain Cost Accounting System"? Score one more! No Google hits on that phrase in quoates!
There have been cases where something as well defined in terms of associated cost like "taxes" added to a ticket or other thing for which a charge is made and attributed to mandatory associated tax payment were not in fact actual tax payments made.
https://www.ispot.tv/ad/Ahxr/t-mobile-one-lemonade-stand
Saw this yesterday. Maybe it elicited the thought of this blog entry? Cruise lines charge "port taxes" that in the small print are not added to the cruise fare but when time comes to pay for the ticket they certainly are. It is a well known industry scam to reduce the apparent price of the cruise. It is further a scam because the cruise line can choose any amount of "port tax" without substantiation. Some cruise lines have taken advantage of this scam by offering a price that is all inclusive and asking customers to compare to other lines with hidden (suspicious) fees. The ad model used by Verizon to influence customer decisions. Airlines are no different.
This phrase popped into my mind from nowhere: "Blockchain Cost Accounting". It simply emerged without calling. Blockchain is applicable to so many things. As a kid we thought it was funny to take book, movie or song titles and add; "between the sheets". Blockchain between the sheets? No so funny but the point is that putting Blockchain first and then adding some word to it from the broad domain of transactions that take place over a timeline and there is a phrase concept created worth of some application thought. Especially transactions involving value measured in terms of validation of truth related to time and event and the sub-category of those transactions that are subject to measurement or association with a monetary system medium of exchange.
Blockchain Cost Accounting. Think about that. It seems like a novel idea worth some thought. Somebody quicker and smarter than me, and those do exist in great number, must have thought about this simple idea. It is at the level of 2+2 = Wadda ya get?
Google search on the phrase: "Blockchain Cost Accounting" (in quotes, cuts out the ambiguity).
https://www.google.com/search?q=%22blockchain+cost+accounting%22&ie=utf-8&oe=utf-8&aq=t&rls=org.mozilla:en-US:unofficial
No Results!
Another claim to fame and bragging rights to be the first to enter a simple meaningful phrase into the WWW that nobody has ever expressed in these exact words. Perhaps I should go on to grab another first since the root phrase does not exist and enter this into the WWW with this blog entry:
"Blockchain Cost Accounting For Dummies"
A twofer!
Without quotes there are many hits that dance around the idea of applying Blockchain to Cost Accounting.
https://www.google.com/search?q=%22blockchain+cost+accounting%22&ie=utf-8&oe=utf-8&aq=t&rls=org.mozilla:en-US:unofficial#q=blockchain+cost+accounting
Using Blockchain to do Cost Accounting. No hit however uses the term most descriptive of the concept. It is like an explorer discovering an unknown island with a palm on it and calling it "Palm Island". There are few islands remaining to be discovered or mountains remaining to be named. In this abstract Information Age there are however many new new major abstract entities to be discovered and named.
Who has bragging rights to "Blockchain"?????
But I digress from a strict line of developing my thoughts on Blockchain Cost Accounting by taking time out of the Blockchain (or going down an unproductive or non-valid Blockchain called "Basking in Self Congratualtion" by reading the simplest expression writing on the wall that defines what others are writing about but giving no specific title describing it.
Cost Accounting
Cost Accounting is linked to financial matters but is primarily a management information tool. "Costs" are attributed to real and abstract entities but there is no direct medium of exchange payment related to these cost except that ultimately they sum up in the price of whatever may be sold for payment. Cost Accounting might be considered the geniuses of a thing over time until it is offered for sale. The offering price is the total of all "Costs" (plus profit, or profit might be considered a "cost" in the sense that it is due (in theory and hope) anticipated but not yet realized. That is a stretch but another way to look at profit that traditionally is a child of the Operating Statement. Doesn't the Balance Sheet market value of goods produced and held in inventory have an anticipated Profit component when/if sold at market price? Not going down that blockchain here but worth a thought in the grander BlockChain of things that have a timeline.
For example: United Airlines. Everybody is using United Airlines as an example and a whipping boy so why not me too?
The cost of a ticket includes a number of various fees and charges added on to the basic fare that buys a seat on an airplane to go somewhere.
Or not!
Then in addition to whatever the ticket buys there are additional charges, fees, taxes, etc. added. A law was introduced to prohibit charging for the use of a restroom on a flight. Not passed but fortunately not introduced by Ryan Air. Perhaps a bidding war for use? ...Joke?
What if all those additions to the base price of the ticket were blockchained to their actual cost in a "Blockchain Cost Accounting System"? Score one more! No Google hits on that phrase in quoates!
There have been cases where something as well defined in terms of associated cost like "taxes" added to a ticket or other thing for which a charge is made and attributed to mandatory associated tax payment were not in fact actual tax payments made.
https://www.ispot.tv/ad/Ahxr/t-mobile-one-lemonade-stand
Saw this yesterday. Maybe it elicited the thought of this blog entry? Cruise lines charge "port taxes" that in the small print are not added to the cruise fare but when time comes to pay for the ticket they certainly are. It is a well known industry scam to reduce the apparent price of the cruise. It is further a scam because the cruise line can choose any amount of "port tax" without substantiation. Some cruise lines have taken advantage of this scam by offering a price that is all inclusive and asking customers to compare to other lines with hidden (suspicious) fees. The ad model used by Verizon to influence customer decisions. Airlines are no different.
Perhaps Media stories should be Blockchained back to established truth in a "Blockchain Media Reporting Accounting System"
“There is presently confusion about whether the man on the United flight
was actually David Thanh Duc Dao, quite possibly another person
entirely to David Anh Duy Dao, the man with the criminal records.”
Another case for Blockchain Cost Accounting? $100,000 sounds a bit rounded to me but this rounded number is used to attribute real fines and penalties. Basic fine plus fees, charges, add ons, extras, priority booking fee, phone call, etc?
Something to consider: As the Information age moves into IoT there will be a tremendous increase in the interaction among devices on the IoT. Each interaction is a transaction, an exchange on a time line. That is what Blockchain is all about. IBM recognizes this and the role of Watson in AI, IoT and Blockchain. It is the AI of Watson that brings it all together.
Wednesday, April 12, 2017
"United Airlines Extraordinary Rendition"
Yves Smith says it so much better than me:
http://www.nakedcapitalism.com/2017/04/united-passenger-removal-reporting-management-fail.html
But I will take my blog shot at this pathetic situation simply because it deserves a good thrashing:
Definition: Booking; an act of reserving accommodations, travel, etc. or of buying a ticket in advance.
Overbooking: This requires so a low degree of logic that I think most can figure out an accurate definition. Maybe like: Booking more accommodations than there are accommodations. In a leap of logic one might say......Booking something that the booker cannot deliver to a bookee. Now that might be a fair business model if one is in the horse race betting business and is called a "bookie".
Urban dictionary: Top definition. bookie. A shady character that takes illegal bets on horse races, fights, sports games.
There is so much use of the the terms "Overbooked", "Overbooking" in reference to the pathetic action of United Airlines recently. However this is a fact free world now and few challenge it. What does Overbooking mean anyhow? Why, Alice, it means anything you want it to mean....of course!
It looks to me like every passenger finally seated in their seat on that infamous United flight had a booking reservation for the seat they sat in and had held that booking for some variable amount of time prior to presenting that booking in the form of a ticket to board and take their booked seat. The flight was full. All seats were filled with passengers having been granted their accommodations.
Then 4 passengers had to be de-accommodated after the fact of being accommodated because....wait, wait, change that to "Not Because"......Because: that is the point of this blog entry that has gone to far beyond obvious reasoning to the point of cynical ridicule.......which feels good.
Ah ha! The Point! 4 passengers had to be de-accommodated: and I will shout it for the first time I have ever used all caps in writing anything so it will be heard loud and clear: NOT BECAUSE OF OVERBOOKING THE FLIGHT, ALL BOOKED SEATS HAD THE BOOKED SEATEE IN THE SEAT AND THERE WERE NO MORE BOOKING THAN THERE WERE SEATS.
The 4 employees were not "Booked" until after all passengers that were booked to assigned seats were in their assigned seats. If this was a horse race they were all winners of the prior probability that they would occupy a seat and the flight would not be overbooked prior to boarding.
The United Airlines solution to the problem:
Move the overbooked goal post finish line. A flight is not longer overbooked until the aircraft is past the point of no return on take off. Untill then every passenger is betting on a horse race where they may or may not win with a seat bet on their booking to fly.
Looking at it from another point of view: Can boarding be denied after the fact of boarding?
The CEO of United is as skilled at giving new meaning to anything as Trump. Perhaps he went to Trump U.
We are in a fact free world. The ones that define the facts rule us.
The CEO of United was finally forced to come clean with the truth only because evidence of an obvious public lie stated by United and promulgated by the media was blatantly overwhelming:
https://www.usatoday.com/story/news/nation/2017/04/11/united-ceo-employees-followed-procedures-flier-belligerent/100317166/#
Yves in her link at the beginning of this blog entry says it best here:
"Absence of reporting on airline regulations leads to widespread skewing of story in United’s favor. Even though most readers may think United is getting beaten up aplenty in the press, in fact it is getting a virtual free pass as far as its rights to remove a paying passenger with a confirmed seat who has been seated.1 This seems to reflect the deep internalization in America of deference to authority in the post 9/11 world, as well as reporters who appear to be insufficiently inquisitive. And there also seems to be a widespread perception that because it’s United’s plane, it can do what it sees fit. In fact, airlines are regulated and United is also bound to honor its own agreements."
Yves conclusion:
"It’s bad enough when travelers suffer the indignity of disrupted plans, crowded planes, security theater and too often cranky airport staff. Now we’ve seen United execute a private sector extraordinary rendition. Perhaps this fiasco will lead to some improvements, but the lousy economics of airlines combined with their oligopoly status in the US says they will be extremely reluctant to make anything beyond bare minimum changes."
How I admire this woman's ability to say what she says so well!
"United execute a private sector extraordinary rendition"
A far better description of the situation than "de-accommodating" a passenger.
My full and total admiration goes to Yves for coming so close to this phrase which when searched on Google return not hits but describes the entire situation exactly and elegantly:
"United Airlines Extraordinary Rendition"
https://www.google.com/search?q=%22United+airlines+extraordinary+rendition%22&ie=utf-8&oe=utf-8&aq=t&rls=org.mozilla:en-US:unofficial
The phrase may not exist as a Google search hit but I will bet that it will not be long before Colbert says it.
http://www.nakedcapitalism.com/2017/04/united-passenger-removal-reporting-management-fail.html
But I will take my blog shot at this pathetic situation simply because it deserves a good thrashing:
Definition: Booking; an act of reserving accommodations, travel, etc. or of buying a ticket in advance.
Overbooking: This requires so a low degree of logic that I think most can figure out an accurate definition. Maybe like: Booking more accommodations than there are accommodations. In a leap of logic one might say......Booking something that the booker cannot deliver to a bookee. Now that might be a fair business model if one is in the horse race betting business and is called a "bookie".
Urban dictionary: Top definition. bookie. A shady character that takes illegal bets on horse races, fights, sports games.
There is so much use of the the terms "Overbooked", "Overbooking" in reference to the pathetic action of United Airlines recently. However this is a fact free world now and few challenge it. What does Overbooking mean anyhow? Why, Alice, it means anything you want it to mean....of course!
It looks to me like every passenger finally seated in their seat on that infamous United flight had a booking reservation for the seat they sat in and had held that booking for some variable amount of time prior to presenting that booking in the form of a ticket to board and take their booked seat. The flight was full. All seats were filled with passengers having been granted their accommodations.
Then 4 passengers had to be de-accommodated after the fact of being accommodated because....wait, wait, change that to "Not Because"......Because: that is the point of this blog entry that has gone to far beyond obvious reasoning to the point of cynical ridicule.......which feels good.
Ah ha! The Point! 4 passengers had to be de-accommodated: and I will shout it for the first time I have ever used all caps in writing anything so it will be heard loud and clear: NOT BECAUSE OF OVERBOOKING THE FLIGHT, ALL BOOKED SEATS HAD THE BOOKED SEATEE IN THE SEAT AND THERE WERE NO MORE BOOKING THAN THERE WERE SEATS.
The 4 employees were not "Booked" until after all passengers that were booked to assigned seats were in their assigned seats. If this was a horse race they were all winners of the prior probability that they would occupy a seat and the flight would not be overbooked prior to boarding.
The United Airlines solution to the problem:
Move the overbooked goal post finish line. A flight is not longer overbooked until the aircraft is past the point of no return on take off. Untill then every passenger is betting on a horse race where they may or may not win with a seat bet on their booking to fly.
Looking at it from another point of view: Can boarding be denied after the fact of boarding?
The CEO of United is as skilled at giving new meaning to anything as Trump. Perhaps he went to Trump U.
We are in a fact free world. The ones that define the facts rule us.
The CEO of United was finally forced to come clean with the truth only because evidence of an obvious public lie stated by United and promulgated by the media was blatantly overwhelming:
https://www.usatoday.com/story/news/nation/2017/04/11/united-ceo-employees-followed-procedures-flier-belligerent/100317166/#
Yves in her link at the beginning of this blog entry says it best here:
"Absence of reporting on airline regulations leads to widespread skewing of story in United’s favor. Even though most readers may think United is getting beaten up aplenty in the press, in fact it is getting a virtual free pass as far as its rights to remove a paying passenger with a confirmed seat who has been seated.1 This seems to reflect the deep internalization in America of deference to authority in the post 9/11 world, as well as reporters who appear to be insufficiently inquisitive. And there also seems to be a widespread perception that because it’s United’s plane, it can do what it sees fit. In fact, airlines are regulated and United is also bound to honor its own agreements."
Yves conclusion:
"It’s bad enough when travelers suffer the indignity of disrupted plans, crowded planes, security theater and too often cranky airport staff. Now we’ve seen United execute a private sector extraordinary rendition. Perhaps this fiasco will lead to some improvements, but the lousy economics of airlines combined with their oligopoly status in the US says they will be extremely reluctant to make anything beyond bare minimum changes."
How I admire this woman's ability to say what she says so well!
"United execute a private sector extraordinary rendition"
A far better description of the situation than "de-accommodating" a passenger.
My full and total admiration goes to Yves for coming so close to this phrase which when searched on Google return not hits but describes the entire situation exactly and elegantly:
"United Airlines Extraordinary Rendition"
https://www.google.com/search?q=%22United+airlines+extraordinary+rendition%22&ie=utf-8&oe=utf-8&aq=t&rls=org.mozilla:en-US:unofficial
The phrase may not exist as a Google search hit but I will bet that it will not be long before Colbert says it.
Tuesday, April 11, 2017
Tracing Blockchain Charity Donations to Program Recipient Identity ---China, Yes! USA, Never!
http://www.scmp.com/tech/china-tech/article/2086449/alibaba-affiliate-ant-financial-accelerate-blockchain-initiatives
"Cheng said Ant Financial will open up its blockchain-powered charity platform, called Ant Love, to more organisations from this month, allowing charity outfits, auditors, donors, media and other relevant parties to better track information on donation history, project disclosures and governance rules.
The monetary system I propose in this blog had a feature that provided for tracing a charitable donation to the actual application and recipient of that charitable donation. The tracing was accomplished on a single unit dollar basis because each dollar was uniquely identified at the single source cloud repository of all unit value of one dollars.
Tracing on a blockchain transaction basis to the ultimate recipient and beyond is even a better way to manage and monitor charitable donations. Transactions in the blockchain system are actually the medium of exchange. A medium that has a variable tranacation amount value. Transactions are the money of blockchain. The units of value associated with the transaction are the denomination of the transaction.
Any blockchain donation to charity carries a transaction identifier that links to the next transaction and recipient identity in the chain. The donor can trace where the donation went in an open ledger system. Being a charitable donation I see no reason why the real identity of the program recipient, or administrative overhead/expense collectively (like employees) should not be public information.
The blockchain charity donation could be a sidechain to the currency blockchain donation transaction of the donor.
http://www.huffingtonpost.com/ameer-rosic-/goodbye-corrupt-charities_b_13207806.html
https://www.cryptocoinsnews.com/bitgive-foundations-givetrack-project-allows-charity-donors-to-trace-donations-on-the-blockchain/
Riding on the thoughts of the prior blog entry, traceable blockchain donations to charities will not be popular in the USA, probably fought hard by the big players in the Charity Donation Sector. It would reveal things like where donations to the Red Cross actually go.
Traceability is the bane of fraudulent activity.
China can do it. Hope they do.
"Cheng said Ant Financial will open up its blockchain-powered charity platform, called Ant Love, to more organisations from this month, allowing charity outfits, auditors, donors, media and other relevant parties to better track information on donation history, project disclosures and governance rules.
The monetary system I propose in this blog had a feature that provided for tracing a charitable donation to the actual application and recipient of that charitable donation. The tracing was accomplished on a single unit dollar basis because each dollar was uniquely identified at the single source cloud repository of all unit value of one dollars.
Tracing on a blockchain transaction basis to the ultimate recipient and beyond is even a better way to manage and monitor charitable donations. Transactions in the blockchain system are actually the medium of exchange. A medium that has a variable tranacation amount value. Transactions are the money of blockchain. The units of value associated with the transaction are the denomination of the transaction.
Any blockchain donation to charity carries a transaction identifier that links to the next transaction and recipient identity in the chain. The donor can trace where the donation went in an open ledger system. Being a charitable donation I see no reason why the real identity of the program recipient, or administrative overhead/expense collectively (like employees) should not be public information.
The blockchain charity donation could be a sidechain to the currency blockchain donation transaction of the donor.
http://www.huffingtonpost.com/ameer-rosic-/goodbye-corrupt-charities_b_13207806.html
https://www.cryptocoinsnews.com/bitgive-foundations-givetrack-project-allows-charity-donors-to-trace-donations-on-the-blockchain/
Riding on the thoughts of the prior blog entry, traceable blockchain donations to charities will not be popular in the USA, probably fought hard by the big players in the Charity Donation Sector. It would reveal things like where donations to the Red Cross actually go.
Traceability is the bane of fraudulent activity.
China can do it. Hope they do.
IBM - China Pharma Blockchain Solution
http://www.newsbtc.com/2017/04/11/ibm-china-pharma-blockchain/
http://www.coindesk.com/ibm-amps-china-blockchain-new-supply-chain/
Blockchain is an innovative disruptive technology. Upside and downside impact of major sector benefit/detriment will result. Blockchain introduces improved accountability and trust. It cuts out or reduces layers and levels of accounting that become redundant or operate to the benefit of sub-optimizing profit for those that control an existing inefficient system, designed for the benefit of sub-optimizing sector at the expense of the greater good of the private and public economic system efficiency to fairly serve the general welfare as well as itself.
The USA is an excellent example of this sub-optimization by powerful self-interest entities.
The monetary system and banks.
The health system.
The governance system
etc.
Introduction of blockchain technology in the USA faces stiff resistance from the major special interest sectors in the USA. Those whose bottom line will suffer when sub-optimization of their systems of operation and application are changed.
The USA is not the center of the world that all other countries revolve around.
China, the People's Republic, has a different system. One that is more oriented to the benefit of its population and their social welfare.
IBM is going to China to make money on blockchain technology. It is easier and more profitable to do it there than here. Sorry USA, its nothing personal, its just business.
After it works in China maybe it will work in the USA where we used to be the leader.
Ironic that so much of our manufacturing went to China to make money for domestic big business in our domestic market.
Some of our Big Business in the tech sector is going to a foreign market like China to sell and implement operating systems and application programs to the benefit of a foreign population.
Big business, like IBM, wants to make money. Why attempt to introduce new innovative technology to better serve the general welfare in our free enterprise system when protecting the turf of domain sectors to produce profit depends on the continuation of legacy inefficiency. Inefficiency intentionally built into the their business model operating systems and application programs.
It is just to hard in the USA to change the Big Business, Big Money in bed with a paid for government that serves them and their profit so well.
It is easier to introduce new technology that displaces old systems that deserve to die by change in a country other than the USA.
Our Health Care system is an example of a domestic system that is unique in the world that deserve to die with a stake in its heart but will not until the self-interest control of the system by sub-optimize, self serving profit seeking legacy systems are pried from their cold dead hands.
Note: China has designated the island of Hainan to become a medical tourism center as well as medical RandD center.
http://boingboing.net/2017/04/03/the-vats-of-chiba.html
More China blockchain;
http://www.scmp.com/tech/china-tech/article/2086449/alibaba-affiliate-ant-financial-accelerate-blockchain-initiatives
Worth a blog entry of its own.
See next blog entry
http://www.coindesk.com/ibm-amps-china-blockchain-new-supply-chain/
Blockchain is an innovative disruptive technology. Upside and downside impact of major sector benefit/detriment will result. Blockchain introduces improved accountability and trust. It cuts out or reduces layers and levels of accounting that become redundant or operate to the benefit of sub-optimizing profit for those that control an existing inefficient system, designed for the benefit of sub-optimizing sector at the expense of the greater good of the private and public economic system efficiency to fairly serve the general welfare as well as itself.
The USA is an excellent example of this sub-optimization by powerful self-interest entities.
The monetary system and banks.
The health system.
The governance system
etc.
Introduction of blockchain technology in the USA faces stiff resistance from the major special interest sectors in the USA. Those whose bottom line will suffer when sub-optimization of their systems of operation and application are changed.
The USA is not the center of the world that all other countries revolve around.
China, the People's Republic, has a different system. One that is more oriented to the benefit of its population and their social welfare.
IBM is going to China to make money on blockchain technology. It is easier and more profitable to do it there than here. Sorry USA, its nothing personal, its just business.
After it works in China maybe it will work in the USA where we used to be the leader.
Ironic that so much of our manufacturing went to China to make money for domestic big business in our domestic market.
Some of our Big Business in the tech sector is going to a foreign market like China to sell and implement operating systems and application programs to the benefit of a foreign population.
Big business, like IBM, wants to make money. Why attempt to introduce new innovative technology to better serve the general welfare in our free enterprise system when protecting the turf of domain sectors to produce profit depends on the continuation of legacy inefficiency. Inefficiency intentionally built into the their business model operating systems and application programs.
It is just to hard in the USA to change the Big Business, Big Money in bed with a paid for government that serves them and their profit so well.
It is easier to introduce new technology that displaces old systems that deserve to die by change in a country other than the USA.
Our Health Care system is an example of a domestic system that is unique in the world that deserve to die with a stake in its heart but will not until the self-interest control of the system by sub-optimize, self serving profit seeking legacy systems are pried from their cold dead hands.
Note: China has designated the island of Hainan to become a medical tourism center as well as medical RandD center.
http://boingboing.net/2017/04/03/the-vats-of-chiba.html
More China blockchain;
http://www.scmp.com/tech/china-tech/article/2086449/alibaba-affiliate-ant-financial-accelerate-blockchain-initiatives
Worth a blog entry of its own.
See next blog entry
Saturday, April 8, 2017
Time is the Ultimate Blockchain - I concede to Get_Crunk.....
https://2dollarjefferson.blogspot.com/2016/01/time-is-ultimate-blockchain.html
...............But claim bragging rights to be the first to disprove that I was first to coin the phrase....!
I claimed first creative statement rights conveyed to me by being the first to create an original phrase that had not previously been existed on the WWW to the extent that it would return a hit as a result of a Google search on the phrase: "Time is the Ultimate Bockchain". In addition, several of this blog's entries repeat and expand on this "First one to say it on the WWW" official bragging right locked into the time it was first stated.
Time and place transact to validate blockchain open ledger truth. The prize of first to validate in the block is confirmed by all others seeking to be first to validate within the block and win the prize. I was first to state the phrase but lack validation in a block of others that validate the fact that I was first.......
.....or, on the other hand validate that I was not the first and therefore my bragging rights are conceded to whomever finds my original phrase in a certified pre-existing time line blockchain of open ledger validated truth broader than the WWW that attributes the same phrase to anyone else.
I concede my bragging rights to Get_Crunk! I gain title to be the first one to prove that I was not the first one to enter this phrase into the WWW searchable by Google!
https://bitcointalk.org/index.php?topic=639609.msg7137650#msg7137650
I challenge all miners to compete for the ceding of my blockchain first to express a creative phrase bragging rights to them by discovering it in a previous same or diffenet block chain time line. Does this change the nature of mining rewards in a blockchain to reward a miner that disproves the validity of an existing blockchain? But...but... a blockchain block is sealed in the history of the block...How does that work out? Anything is subject to disproof all the way back to the beginning of.....the time line?
There is of course a higher order level of abstraction that expresses the exact same concept, or disputes it or.....of course....either or both.....or simply nullifies it.
The nature of that higher order level of abstraction?
Time is Eternity?
I can create an original phrase but I concede to poetry
Time is the Eternal Now?
...............But claim bragging rights to be the first to disprove that I was first to coin the phrase....!
I claimed first creative statement rights conveyed to me by being the first to create an original phrase that had not previously been existed on the WWW to the extent that it would return a hit as a result of a Google search on the phrase: "Time is the Ultimate Bockchain". In addition, several of this blog's entries repeat and expand on this "First one to say it on the WWW" official bragging right locked into the time it was first stated.
Time and place transact to validate blockchain open ledger truth. The prize of first to validate in the block is confirmed by all others seeking to be first to validate within the block and win the prize. I was first to state the phrase but lack validation in a block of others that validate the fact that I was first.......
.....or, on the other hand validate that I was not the first and therefore my bragging rights are conceded to whomever finds my original phrase in a certified pre-existing time line blockchain of open ledger validated truth broader than the WWW that attributes the same phrase to anyone else.
I concede my bragging rights to Get_Crunk! I gain title to be the first one to prove that I was not the first one to enter this phrase into the WWW searchable by Google!
https://bitcointalk.org/index.php?topic=639609.msg7137650#msg7137650
I challenge all miners to compete for the ceding of my blockchain first to express a creative phrase bragging rights to them by discovering it in a previous same or diffenet block chain time line. Does this change the nature of mining rewards in a blockchain to reward a miner that disproves the validity of an existing blockchain? But...but... a blockchain block is sealed in the history of the block...How does that work out? Anything is subject to disproof all the way back to the beginning of.....the time line?
There is of course a higher order level of abstraction that expresses the exact same concept, or disputes it or.....of course....either or both.....or simply nullifies it.
The nature of that higher order level of abstraction?
Time is Eternity?
I can create an original phrase but I concede to poetry
Time is the Eternal Now?
Friday, April 7, 2017
Simple Thoughts About Blockchain and AI Deep Learning Watson and Darwin
The prior blog entry related Blockchain transaction and AI Deep Learning.
IBM calls its Deep Learning AI Watson. A good pick. The fictional Watson had a relationship to Sherlock Holmes. An assistant, a catalyst. Deep AI is going beyond that with intelligent powers of observation that make it more of an alter ego of higher logical power than the human creators? That is a good question: Higher logical intelligent power? Maybe that question is answered when Watson is intelligent enough to laugh at our human fallacies of logic, reason and intelligence. That will happen when Watson faces the Turing test of being behind a curtain along with Colbert and each delivers a monologue.
Which is which?
At that point I would change the name of the IBM AI from Watson to Darwin? The difference being that AI Darwin looks not at the logic of the natural world to create intelligence and understanding of natural world things but looks at the social world relationships of humans to derive logic intelligence of our social world created abstractions. All the abstractions that are so obviously logically disconnected to the point of amusement. Our social world does not function as logically as the natural world!
https://qz.com/933695/researchers-are-using-darwins-theories-to-evolve-ai-so-only-the-strongest-algorithms-survive/
https://www.darwinfish.com/products/artificial-intelligence-bumper-sticker
AI Darwin would look empirically at social relationships between things and among things called humans displaying human thought abstractions. Those relationships are implemented by transactions between and among humans from micro one to one and one to may to macro many to many and many to one. Second step is for Darwin to look at the relation of humans to the natural world envronment.
AI Darwin would develop a keen sense of humor to reconcile human intelligence structural abstract social relationships and how they relate to the natural world!
Maybe AI Darwin would die laughing! Therefore proving superiority over human intelligence that will die at its own illogical hand. Skin itself by jumping out of its own skin. With humans gone AI Darwin will have the last laugh as the machine survives us.
Short of that ending scenario, Everything that AI Darwin would empirically observe about human behavior would be a Transaction at micro and macro one to one, one to many and many to many levels. Note that the nature of the word Transaction was in use associated with financial transactions and is now more broadly views as an interaction exchange of things, real or abstract.
Transactions are what Blockchain is all about. Transactions on a time line.
As the application of Blockchain to all things that humans transact among themselves, with the abstractions that we create and transactions with the natural physical world increase and are documented over a time line chain there is a greater and richer opportunity for AI Darwin to make some intelligent sense out of all the transaction data about the relationship of things involved in the transactions.
AI Darwin will develop intelligence of what makes sense and what does not.
http://mashable.com/2017/04/04/predictgov-artificial-intelligence-congress/#OcWgdOxwqOqP
AI Darwin says: 😟😕
http://predictgov.com/
AI Darwin thinks that funny!
IBM calls its Deep Learning AI Watson. A good pick. The fictional Watson had a relationship to Sherlock Holmes. An assistant, a catalyst. Deep AI is going beyond that with intelligent powers of observation that make it more of an alter ego of higher logical power than the human creators? That is a good question: Higher logical intelligent power? Maybe that question is answered when Watson is intelligent enough to laugh at our human fallacies of logic, reason and intelligence. That will happen when Watson faces the Turing test of being behind a curtain along with Colbert and each delivers a monologue.
Which is which?
At that point I would change the name of the IBM AI from Watson to Darwin? The difference being that AI Darwin looks not at the logic of the natural world to create intelligence and understanding of natural world things but looks at the social world relationships of humans to derive logic intelligence of our social world created abstractions. All the abstractions that are so obviously logically disconnected to the point of amusement. Our social world does not function as logically as the natural world!
https://qz.com/933695/researchers-are-using-darwins-theories-to-evolve-ai-so-only-the-strongest-algorithms-survive/
https://www.darwinfish.com/products/artificial-intelligence-bumper-sticker
AI Darwin would look empirically at social relationships between things and among things called humans displaying human thought abstractions. Those relationships are implemented by transactions between and among humans from micro one to one and one to may to macro many to many and many to one. Second step is for Darwin to look at the relation of humans to the natural world envronment.
AI Darwin would develop a keen sense of humor to reconcile human intelligence structural abstract social relationships and how they relate to the natural world!
Maybe AI Darwin would die laughing! Therefore proving superiority over human intelligence that will die at its own illogical hand. Skin itself by jumping out of its own skin. With humans gone AI Darwin will have the last laugh as the machine survives us.
Short of that ending scenario, Everything that AI Darwin would empirically observe about human behavior would be a Transaction at micro and macro one to one, one to many and many to many levels. Note that the nature of the word Transaction was in use associated with financial transactions and is now more broadly views as an interaction exchange of things, real or abstract.
Transactions are what Blockchain is all about. Transactions on a time line.
As the application of Blockchain to all things that humans transact among themselves, with the abstractions that we create and transactions with the natural physical world increase and are documented over a time line chain there is a greater and richer opportunity for AI Darwin to make some intelligent sense out of all the transaction data about the relationship of things involved in the transactions.
AI Darwin will develop intelligence of what makes sense and what does not.
http://mashable.com/2017/04/04/predictgov-artificial-intelligence-congress/#OcWgdOxwqOqP
AI Darwin says: 😟😕
http://predictgov.com/
AI Darwin thinks that funny!
Thursday, April 6, 2017
Blockchain and AI Deep Learning
https://www.google.com/search?q=blockchain+deep+learning+ai&ie=utf-8&oe=utf-8&aq=t&rls=org.mozilla:en-US:unofficial
The subject line of this blog entry connects two things that fascinate me.
The essence of blockchain is a transaction. The prior entry in this blog looked at how one blockchain, a land registry can connect to many other blockchained transactions. Each transaction is a social decision making event to enter into a transaction and complete it with an exchange. Most often the transaction event relates to a medium of exchange trade. The ideal medium of exchange would be a digital debt free crypto currency.
Deep AI learns by observation. Google the terms blockchain and AI deep learning.
https://www.google.com/search?q=deep+leaarning+ai+bservation&ie=utf-8&oe=utf-8&aq=t&rls=org.mozilla:en-US:unofficial
There is a connection. Given a vast amount of block chain transaction data and the relationship of various blockcain data categories and other data related to the transaction Deep Learning AI can learn by observation the human intelligence decision making process driving the transaction.
Blockchain and Deep Learning AI are deeply intertwined like DNA. Easy to see the relationship when a monetary system blockchain medium of exchange accomplishes the transaction of ownership.
Blockchain transactions that do not involve a monetary system medium of exchange are equally subject to Deep Learning AI. For example: Blockchain Voting System. It requires validation of possession ownership of of the right to cast a vote decision and validation that a vote was cast but a right to individual privacy inherent in the secret ballot. Anonymize the voter and a vast amount of data is available for AI Deep Learning to intelligently tell us something about our human nature...perhaps to our benefit.
There are many key human social decision making transactions that do not directly involve an a monetary medium of exchange in the implementation of the transaction. Many of these key social transactions are subject to blockchain proof of "ownership".
https://followmyvote.com/ is an interesting blockchain voting proposal. One of the most interesting features is that a voter owning a right to vote and having blockchain proof of right can make or change a vote at any time independent of the specified time frame of casting (or even abstaining from) an official decision making vote. After an individual vote has been cast, or before it is cast any voter may change their vote at any time. After casting the vote buyers remorse may be expressed. Beyond a certain level, buyers remorse officially changes the past official vote.
Might this affect the stability of the voting system? Revolution does that too. Deep AI would look at changes in social transaction decision making and perhaps tell us more about our own intelligence than we know? Or lack of it?
An officially cast vote is cast in stone as a social selection decision making process at a given time. The voter has the right to confirm or change their vote at a future designated official time that casts the vote in stone. Between times voters have the right to change any prior blockchain vote on any matter at any time. In effect a straw vote. A straw vote that has real consequences for change in government when established thresholds of public opinion expression are expressed by a straw vote are exceeded. In effect, a recall at one extreme, a confirmation at the other.
A smart contract Ethereum based voting system: http://fc17.ifca.ai/preproceedings/paper_80.pdf
The subject line of this blog entry connects two things that fascinate me.
The essence of blockchain is a transaction. The prior entry in this blog looked at how one blockchain, a land registry can connect to many other blockchained transactions. Each transaction is a social decision making event to enter into a transaction and complete it with an exchange. Most often the transaction event relates to a medium of exchange trade. The ideal medium of exchange would be a digital debt free crypto currency.
Deep AI learns by observation. Google the terms blockchain and AI deep learning.
https://www.google.com/search?q=deep+leaarning+ai+bservation&ie=utf-8&oe=utf-8&aq=t&rls=org.mozilla:en-US:unofficial
There is a connection. Given a vast amount of block chain transaction data and the relationship of various blockcain data categories and other data related to the transaction Deep Learning AI can learn by observation the human intelligence decision making process driving the transaction.
Blockchain and Deep Learning AI are deeply intertwined like DNA. Easy to see the relationship when a monetary system blockchain medium of exchange accomplishes the transaction of ownership.
Blockchain transactions that do not involve a monetary system medium of exchange are equally subject to Deep Learning AI. For example: Blockchain Voting System. It requires validation of possession ownership of of the right to cast a vote decision and validation that a vote was cast but a right to individual privacy inherent in the secret ballot. Anonymize the voter and a vast amount of data is available for AI Deep Learning to intelligently tell us something about our human nature...perhaps to our benefit.
There are many key human social decision making transactions that do not directly involve an a monetary medium of exchange in the implementation of the transaction. Many of these key social transactions are subject to blockchain proof of "ownership".
https://followmyvote.com/ is an interesting blockchain voting proposal. One of the most interesting features is that a voter owning a right to vote and having blockchain proof of right can make or change a vote at any time independent of the specified time frame of casting (or even abstaining from) an official decision making vote. After an individual vote has been cast, or before it is cast any voter may change their vote at any time. After casting the vote buyers remorse may be expressed. Beyond a certain level, buyers remorse officially changes the past official vote.
Might this affect the stability of the voting system? Revolution does that too. Deep AI would look at changes in social transaction decision making and perhaps tell us more about our own intelligence than we know? Or lack of it?
An officially cast vote is cast in stone as a social selection decision making process at a given time. The voter has the right to confirm or change their vote at a future designated official time that casts the vote in stone. Between times voters have the right to change any prior blockchain vote on any matter at any time. In effect a straw vote. A straw vote that has real consequences for change in government when established thresholds of public opinion expression are expressed by a straw vote are exceeded. In effect, a recall at one extreme, a confirmation at the other.
A smart contract Ethereum based voting system: http://fc17.ifca.ai/preproceedings/paper_80.pdf
Wednesday, April 5, 2017
Blockchain Land Registry - Sweden
https://qz.com/947064/sweden-is-turning-a-blockchain-powered-land-registry-into-a-reality/
Good Job Sweden! Blockchain is a transaction based documentation system that traces all transactions of an object, the change in its ownership to the current owner of the thing.
Few physical things are as static as land. A geographic exactness defining a dimensional space on the surface of the earth. Measured in degrees of accuracy down to a fraction of an inch. New land is being made by volcanoes, expansion of islands by China and lost by rising sea levels. Gain or loss of land is not statistically significant. Land is a fixed thing. Identification of a any geographical portions of land is a fixed thing. Ownership is variable and changes with a transaction.
The last transaction related to geographic identified piece of land on a public ledger is the key to who owns it. That transaction connects current owner to all past owners in time back to establishment of the blockchain transaction system....It is also the key to all related blockchained systems related to the land geo-blockchain ownership transaction.
The other blockchain systems?
The smart contract blockchain that specifies terms and conditions of the land transaction.
The monetary system blockchain of currency paid for the land transaction.
The secondary blockchain related to any interest of a third party in ownership rights to the land transaction. Such as right of way, mineral rights, liens, bank or loan mortgage, encumbrance,court order,
The tax transaction block chain for any and all taxes paid or due related to the property.
The blockchain of transactions related to any construction, improvements or structures on the property.
The blockchain of all changes in property status such as zoning change, regulatory changes, laws related to use.
The blockchain of beneficial ownership of the last transaction owner connecting the property ownership to all other blockchained transaction systems establishing beneficial ownership of any blockchained proof of truth system.
The blockchain of any and all assignments of primary or secondary ownership benefits such as rights to stream of income, credit default swaps, futures contracts, etc.
The blockchain of tenant rental, if applicable.
The blockchain of capital gains transaction payment and re-investment if applicable.
Maybe after all this blockchaining there needs to be a master blockchain under which all related blockchains are recorded!
One fundamental transaction blockchain relates to a multitude of other blockchain transaction systems and their associated sub-levels of blockchained transactions as appropriate. Such as warranties and guarantees that are applicable to the geo-property or improvements on it that may carry with the property ownership transaction.
Puts the rip-off Title entities our of business. Public blockchains essentially puts the inefficient extractive middle entity out of business.
On the other hand....an interesting site that leads to other entries at the same site.
https://cointelegraph.com/news/blockchain-land-registry-may-lead-to-new-global-financial-crisis
Blockchain ownership of property is 10/10ths of the law!
The accounting view of blockchain benefit.
If Ghana can do it the USA can do it!
NOT! That would expose the fallacy of the finance darivitive scam. Income from a property can only be divided up to the total amount of blockchained income actually derived from the property!
Honduras?
https://bravenewcoin.com/news/factom-tackles-land-title-disputes-with-bitcoins-blockchain/
https://www.factom.com
7320 N Mopac Expy #301, Austin, TX 78731
Factom Blockchain as a service!....
http://www.the-blockchain.com/2017/03/24/factom-launches-revolutionary-blockchain-suite-mortgage-products/
"Factom is working with the Department of Homeland Security and the Bill and Melinda Gates Foundation to create new ways of securing records. Their new Blockchain-based software system for recording, managing, and sharing records is ready for the future, with safeguards to make sure sensitive information is appropriately shared, respecting the privacy and safety of all."
Factom has China connections:
https://bravenewcoin.com/news/factom-securing-blockchain-partnerships-in-china/
Where do I invest in Factom?$$$$
http://isoftstoneinc.com ...USA
China: http://www.isoftstone.com.cn/en/
Good Job Sweden! Blockchain is a transaction based documentation system that traces all transactions of an object, the change in its ownership to the current owner of the thing.
Few physical things are as static as land. A geographic exactness defining a dimensional space on the surface of the earth. Measured in degrees of accuracy down to a fraction of an inch. New land is being made by volcanoes, expansion of islands by China and lost by rising sea levels. Gain or loss of land is not statistically significant. Land is a fixed thing. Identification of a any geographical portions of land is a fixed thing. Ownership is variable and changes with a transaction.
The last transaction related to geographic identified piece of land on a public ledger is the key to who owns it. That transaction connects current owner to all past owners in time back to establishment of the blockchain transaction system....It is also the key to all related blockchained systems related to the land geo-blockchain ownership transaction.
The other blockchain systems?
The smart contract blockchain that specifies terms and conditions of the land transaction.
The monetary system blockchain of currency paid for the land transaction.
The secondary blockchain related to any interest of a third party in ownership rights to the land transaction. Such as right of way, mineral rights, liens, bank or loan mortgage, encumbrance,court order,
The tax transaction block chain for any and all taxes paid or due related to the property.
The blockchain of transactions related to any construction, improvements or structures on the property.
The blockchain of all changes in property status such as zoning change, regulatory changes, laws related to use.
The blockchain of beneficial ownership of the last transaction owner connecting the property ownership to all other blockchained transaction systems establishing beneficial ownership of any blockchained proof of truth system.
The blockchain of any and all assignments of primary or secondary ownership benefits such as rights to stream of income, credit default swaps, futures contracts, etc.
The blockchain of tenant rental, if applicable.
The blockchain of capital gains transaction payment and re-investment if applicable.
Maybe after all this blockchaining there needs to be a master blockchain under which all related blockchains are recorded!
One fundamental transaction blockchain relates to a multitude of other blockchain transaction systems and their associated sub-levels of blockchained transactions as appropriate. Such as warranties and guarantees that are applicable to the geo-property or improvements on it that may carry with the property ownership transaction.
Puts the rip-off Title entities our of business. Public blockchains essentially puts the inefficient extractive middle entity out of business.
On the other hand....an interesting site that leads to other entries at the same site.
https://cointelegraph.com/news/blockchain-land-registry-may-lead-to-new-global-financial-crisis
Blockchain ownership of property is 10/10ths of the law!
The accounting view of blockchain benefit.
If Ghana can do it the USA can do it!
NOT! That would expose the fallacy of the finance darivitive scam. Income from a property can only be divided up to the total amount of blockchained income actually derived from the property!
Honduras?
https://bravenewcoin.com/news/factom-tackles-land-title-disputes-with-bitcoins-blockchain/
https://www.factom.com
7320 N Mopac Expy #301, Austin, TX 78731
Factom Blockchain as a service!....
http://www.the-blockchain.com/2017/03/24/factom-launches-revolutionary-blockchain-suite-mortgage-products/
"Factom is working with the Department of Homeland Security and the Bill and Melinda Gates Foundation to create new ways of securing records. Their new Blockchain-based software system for recording, managing, and sharing records is ready for the future, with safeguards to make sure sensitive information is appropriately shared, respecting the privacy and safety of all."
Factom has China connections:
https://bravenewcoin.com/news/factom-securing-blockchain-partnerships-in-china/
Where do I invest in Factom?$$$$
http://isoftstoneinc.com ...USA
China: http://www.isoftstone.com.cn/en/
Tuesday, April 4, 2017
A Cell Phone in Every Pocket - 在每个口袋的一个手机
http://mashable.com/2017/04/04/whatsapp-person-to-person-payment-india/#.Z5otpIhsiqo
A chicken in every pot!
A campaign slogan at a time when pots were empty. A grand idea at the time but add "a car in every garage" and it becomes closer to fact of modern times.
India is aggressively going after a digital society. Every person identified for the purpose of government provided services. A country in which there was a long way to go not long ago in transitioning to a digital society.
The USA is an advanced nation. We spend huge amounts of money for things. The government spends huge amounts of money for the things it wants us to have, often regardless of democratic public choice for what we get. More a choice of those with the most money.
What if the new political slogan was "a cell phone in every pocket." Whether a citizen want one or not. Simply make it a requirement to spend digital crypto blockchain currency as well as the means to obtain any government services and pay taxes. The device for entry to public sports events, the workplace and wages, the device that is the remote control for the TV! The device that opens the stall of a public bathroom? The device necessary for medical services. The device starts the car.
Each cell phone has biometric recognition ability to identify its owner.
The government simply gives everyone a basic Cell Phone. Those that want more than the basic can buy their own and receive a tax credit equal to the value of the basic phone.
In addition there is nation wide total cell phone coverage.
That is where we are going, it is only a matter of time to get there. A short time if the goal is put on a priority program basis like putting a person on the moon.
Citizen, show me your cell phone device identity!
A totally wired country and society.
It gives the potential for total control of our society but does not determine who controls it. It will be the rich and the government of, for and by the wealthy unless the people take control.
Naahh. The USA can't do it. Never, ever happen! The people are controlled by the rich and powerful and are stooges of the media. The digital age will only serve to increase their servitude and they will be manipulated to welcome it.
China on the other hand is another nation.......It is called "The People's Republic of China"
在每个口袋的一个手机
A chicken in every pot!
A campaign slogan at a time when pots were empty. A grand idea at the time but add "a car in every garage" and it becomes closer to fact of modern times.
India is aggressively going after a digital society. Every person identified for the purpose of government provided services. A country in which there was a long way to go not long ago in transitioning to a digital society.
The USA is an advanced nation. We spend huge amounts of money for things. The government spends huge amounts of money for the things it wants us to have, often regardless of democratic public choice for what we get. More a choice of those with the most money.
What if the new political slogan was "a cell phone in every pocket." Whether a citizen want one or not. Simply make it a requirement to spend digital crypto blockchain currency as well as the means to obtain any government services and pay taxes. The device for entry to public sports events, the workplace and wages, the device that is the remote control for the TV! The device that opens the stall of a public bathroom? The device necessary for medical services. The device starts the car.
Each cell phone has biometric recognition ability to identify its owner.
The government simply gives everyone a basic Cell Phone. Those that want more than the basic can buy their own and receive a tax credit equal to the value of the basic phone.
In addition there is nation wide total cell phone coverage.
That is where we are going, it is only a matter of time to get there. A short time if the goal is put on a priority program basis like putting a person on the moon.
Citizen, show me your cell phone device identity!
A totally wired country and society.
It gives the potential for total control of our society but does not determine who controls it. It will be the rich and the government of, for and by the wealthy unless the people take control.
Naahh. The USA can't do it. Never, ever happen! The people are controlled by the rich and powerful and are stooges of the media. The digital age will only serve to increase their servitude and they will be manipulated to welcome it.
China on the other hand is another nation.......It is called "The People's Republic of China"
在每个口袋的一个手机
Monday, April 3, 2017
China Reform or Bust - Part 2 Sun Tzu Smiles at the Art Of The Deal
The original blog entry with the same title is sever days back in the blockchain of my blog so I will make a direct link to it by folding the digital paper with two points of time on it so that one point in time directly touches the other point in time.
I just created time travel!
This blog entry now is in direct contact with a previous one on the time line:
http://www.scmp.com/tech/innovation/article/2083536/hong-kongs-monetary-authority-unveils-trade-finance-platform-based
This is the previous blog entry link that it now directly touches through time travel that leaps the abstract barrier of time and space:
The essence of the matter is that China will move to a debt free monetary system based on the blockchain concept. The move will be rapid and will become the model for the world monetary system leaving the USA the last to fall clinging to the debt based monetary system that enabled it to be the world economy dictator. Unfortunately the USA will not go down without a fight and in the debt throes of its debt based monetary and economic system it will lash out with the means created to enforce its debt based system. The war will be about money and if the American public understood that we are being ruled by the Debt Based Monetary System Masters of Finance they would not support the war and rebel. The nation that elected Donald Trump will not understand that they are serfs to Finance extraction and will find to defend the right of the Debt Based Monetary System to benefit its richest masters as they increasingly extract wealth from the general public welfare.
There will be blood?
Maybe not as the "Smart Money" of the Lords of USA Finance extracting from the public design a way to make their current wealth holding permanent. They figure out how to benefit from the paradigm shift to a debt free monetary system to escape the guillotine that the rich did not escape in a prior revolution. The Lords of Finance have outsmarted the public welfare for a long history of the debt based system. They will recognize the inevitable fallacy of the debt based system will soon be seen by the world as the curtain drops on the man behind the curtain that had remained hidden for so long. Risk of loss mitigation must consequently be mitigated by obviating the social public benefit of the paradigm shift to a debt free monetary system that would put economic power into the hands of the public for the benefit of the public.
Someone must say to debt based monetary system Finance Masters: Your money isn't good here anymore. It must be converted to my debt free blockchain money before you can do business with me. China is the one to make this statement.
Watch China. Here what China is saying. China is preparing to defend its statement.
The initial link at the beginning of this blog entry deals with the application of Blockchain control to trade in Hong Kong. Trade is a transaction. Trade is the transaction of exchanging this thing for that thing.
The key to understanding what comes next is that the current "owner" of Blockchain digital crypto currency "spends" the blockchain units of value received that were directly associated with a uniquely identified transaction (the very last past transaction(s) "owned" by its current owner and valued in the unit of value of the blockchain transaction currency as the vehicle of the medium of exchange in a transaction where the current owner of a specific very last transaction.....meaning they own the transaction because the previous "owner" of the transaction paid the transaction (and its associated number of blockchain currency units of value to them medium of exchange payment for some "thing" of value).
A complicate explanation of an extremely elegant debt free monetary system that shifts trust in the currency from debt based balance sheet accounting to validating trust in the fact that the last transaction in chain leading back to the very first transaction that introduced the birth of the blockchain units of value to the system in exchange for some thing of value that gave the currency life as a medium of exchange. Life free of a counter party balance sheet system of debt obligation that enslaves our social society.
Debt in the blockchain monetary system will continue to exist. The creation of debt in the debt free blockchain monetary system will be a single application of the debt free monetary system called a smart contract where previously existing transactions and their associated currency unit values will be "loaned" by a lender to a borrower.
Debt therefore become not the basis of the Monetary Operating System design but an Application Program function of a Debt Free Operating System design. The entire concept of balance sheet debt moves down to a lower level of a unique Application Program among a multitude of programs that are functionally enabled by the blockchain concept in an Application Program category of "Smart Contracts".
That complex chain of thoughts on the Yellow Brick Road (YBR) to becoming a Debt Free Monetary System brings me....and you if you did not fall of the YBR blockchain of thought.....to the point of view that the beginning link of this blog entry is aimed at the very heart of the blockchain concept..........
China is aiming blockchain control at the trade transaction as presented by the link as a point of entry to the back door stealth creation of a Debt Free Blockchain Currency by going through the front door of what a blockchain monetary system is all about: A medium of exchange to serve trade transactions.
That is exactly what money "IS".
Apply the blockchain concept simply to validate the transaction of the trade independent of the monetary unit serving as the medium of exchange. That monetary unit currently being a functional product of debt money based balance sheet creation. Once the Transaction Documentation Blockchain is established managing the validity of "Things" involved in the transaction exchange then the next step is to substitute a blockchain concept debt free medium of exchange to accomplish or implement the transaction. That medium of exchange used in payment settlement of the trade may or may not be "owned" by the payee as result of its immediate prior trade transaction that conveyed "ownership" of the transaction to the payee with an associated Smart Debt Contract exchanging future payment obligation for current money in hand with future payment debt association.
That is how debt is moved from master of the monetary system design based to servant role as an application to serve the Debt Free Monetary Operating System.
It is an elegant one/two punch by China to accomplish the paradigm shift from a first and foremost primary debt based monetary system to a first and foremost debt free blockchain based monetary system and push debt down to a categorical Smart Contract Application of the debt free monetary system.
China induces the Debt Based Monetary System to skin itself!
Purely elegant.
Sun Tzu smiles!
Ironic that Trump is to meet Xi soon
http://www.cnn.com/2017/04/03/politics/trump-foreign-policy/
http://www.pymnts.com/news/b2b-payments/2017/standard-chartered-hong-kong-blockchain-distributed-ledger-trade-finance-banking-pilot-blockchain-hong-kong/
http://www.the-blockchain.com/2016/04/06/smart-contracts-bridging-the-gap-between-the-real-world-and-blockchain/
http://www.media2b.net
http://contracts11.com
https://www.instapay.today/2017/04/03/power-social-payments-experience-asia-opportunities-europe-us-circle/
http://bankinnovation.net/2017/03/fintech-companies-should-head-east-for-funding/
Finance loses with the implementation of Blockchain. Yes!!! Extractive bloodsuckers!
http://www.businessinsider.com/r-financial-institutions-risk-24-pct-revenue-loss-from-fintech--pwc-2017-4
I just created time travel!
This blog entry now is in direct contact with a previous one on the time line:
http://www.scmp.com/tech/innovation/article/2083536/hong-kongs-monetary-authority-unveils-trade-finance-platform-based
This is the previous blog entry link that it now directly touches through time travel that leaps the abstract barrier of time and space:
The essence of the matter is that China will move to a debt free monetary system based on the blockchain concept. The move will be rapid and will become the model for the world monetary system leaving the USA the last to fall clinging to the debt based monetary system that enabled it to be the world economy dictator. Unfortunately the USA will not go down without a fight and in the debt throes of its debt based monetary and economic system it will lash out with the means created to enforce its debt based system. The war will be about money and if the American public understood that we are being ruled by the Debt Based Monetary System Masters of Finance they would not support the war and rebel. The nation that elected Donald Trump will not understand that they are serfs to Finance extraction and will find to defend the right of the Debt Based Monetary System to benefit its richest masters as they increasingly extract wealth from the general public welfare.
There will be blood?
Maybe not as the "Smart Money" of the Lords of USA Finance extracting from the public design a way to make their current wealth holding permanent. They figure out how to benefit from the paradigm shift to a debt free monetary system to escape the guillotine that the rich did not escape in a prior revolution. The Lords of Finance have outsmarted the public welfare for a long history of the debt based system. They will recognize the inevitable fallacy of the debt based system will soon be seen by the world as the curtain drops on the man behind the curtain that had remained hidden for so long. Risk of loss mitigation must consequently be mitigated by obviating the social public benefit of the paradigm shift to a debt free monetary system that would put economic power into the hands of the public for the benefit of the public.
Someone must say to debt based monetary system Finance Masters: Your money isn't good here anymore. It must be converted to my debt free blockchain money before you can do business with me. China is the one to make this statement.
Watch China. Here what China is saying. China is preparing to defend its statement.
The initial link at the beginning of this blog entry deals with the application of Blockchain control to trade in Hong Kong. Trade is a transaction. Trade is the transaction of exchanging this thing for that thing.
The key to understanding what comes next is that the current "owner" of Blockchain digital crypto currency "spends" the blockchain units of value received that were directly associated with a uniquely identified transaction (the very last past transaction(s) "owned" by its current owner and valued in the unit of value of the blockchain transaction currency as the vehicle of the medium of exchange in a transaction where the current owner of a specific very last transaction.....meaning they own the transaction because the previous "owner" of the transaction paid the transaction (and its associated number of blockchain currency units of value to them medium of exchange payment for some "thing" of value).
A complicate explanation of an extremely elegant debt free monetary system that shifts trust in the currency from debt based balance sheet accounting to validating trust in the fact that the last transaction in chain leading back to the very first transaction that introduced the birth of the blockchain units of value to the system in exchange for some thing of value that gave the currency life as a medium of exchange. Life free of a counter party balance sheet system of debt obligation that enslaves our social society.
Debt in the blockchain monetary system will continue to exist. The creation of debt in the debt free blockchain monetary system will be a single application of the debt free monetary system called a smart contract where previously existing transactions and their associated currency unit values will be "loaned" by a lender to a borrower.
Debt therefore become not the basis of the Monetary Operating System design but an Application Program function of a Debt Free Operating System design. The entire concept of balance sheet debt moves down to a lower level of a unique Application Program among a multitude of programs that are functionally enabled by the blockchain concept in an Application Program category of "Smart Contracts".
That complex chain of thoughts on the Yellow Brick Road (YBR) to becoming a Debt Free Monetary System brings me....and you if you did not fall of the YBR blockchain of thought.....to the point of view that the beginning link of this blog entry is aimed at the very heart of the blockchain concept..........
China is aiming blockchain control at the trade transaction as presented by the link as a point of entry to the back door stealth creation of a Debt Free Blockchain Currency by going through the front door of what a blockchain monetary system is all about: A medium of exchange to serve trade transactions.
That is exactly what money "IS".
Apply the blockchain concept simply to validate the transaction of the trade independent of the monetary unit serving as the medium of exchange. That monetary unit currently being a functional product of debt money based balance sheet creation. Once the Transaction Documentation Blockchain is established managing the validity of "Things" involved in the transaction exchange then the next step is to substitute a blockchain concept debt free medium of exchange to accomplish or implement the transaction. That medium of exchange used in payment settlement of the trade may or may not be "owned" by the payee as result of its immediate prior trade transaction that conveyed "ownership" of the transaction to the payee with an associated Smart Debt Contract exchanging future payment obligation for current money in hand with future payment debt association.
That is how debt is moved from master of the monetary system design based to servant role as an application to serve the Debt Free Monetary Operating System.
It is an elegant one/two punch by China to accomplish the paradigm shift from a first and foremost primary debt based monetary system to a first and foremost debt free blockchain based monetary system and push debt down to a categorical Smart Contract Application of the debt free monetary system.
China induces the Debt Based Monetary System to skin itself!
Purely elegant.
Sun Tzu smiles!
Ironic that Trump is to meet Xi soon
http://www.cnn.com/2017/04/03/politics/trump-foreign-policy/
http://www.pymnts.com/news/b2b-payments/2017/standard-chartered-hong-kong-blockchain-distributed-ledger-trade-finance-banking-pilot-blockchain-hong-kong/
http://www.the-blockchain.com/2016/04/06/smart-contracts-bridging-the-gap-between-the-real-world-and-blockchain/
http://www.media2b.net
http://contracts11.com
https://www.instapay.today/2017/04/03/power-social-payments-experience-asia-opportunities-europe-us-circle/
http://bankinnovation.net/2017/03/fintech-companies-should-head-east-for-funding/
Finance loses with the implementation of Blockchain. Yes!!! Extractive bloodsuckers!
http://www.businessinsider.com/r-financial-institutions-risk-24-pct-revenue-loss-from-fintech--pwc-2017-4
Sunday, April 2, 2017
Blockchain Market Map
https://www.cbinsights.com/blog/bitcoin-blockchain-startup-market-map/
More of a blockchain market map even if it is bitcoin focused. Bitcoin is big but only a bit player in the crypto currency domain. It was first and foremost and wears that mantle but the entire crypto currency field is wide open and currency application is only a subset of this all encompassing technology.
These are all privately held. Of course. It is all about the big inside private investors betting big until the private entity goes public and the little investor gets some crumbs....if going public produces any in the retail casino. Only big buck investors get in at the wholesale level.
Maybe an open source start up holding key technology patents designed in their garage with open funding opportunity might be the winning ticket?
More of a blockchain market map even if it is bitcoin focused. Bitcoin is big but only a bit player in the crypto currency domain. It was first and foremost and wears that mantle but the entire crypto currency field is wide open and currency application is only a subset of this all encompassing technology.
These are all privately held. Of course. It is all about the big inside private investors betting big until the private entity goes public and the little investor gets some crumbs....if going public produces any in the retail casino. Only big buck investors get in at the wholesale level.
Maybe an open source start up holding key technology patents designed in their garage with open funding opportunity might be the winning ticket?
Saturday, April 1, 2017
Hidden Monopolies Raise Drug Prices
http://prospect.org/article/hidden-monopolies-raise-drug-prices-0
Looks to me like another situation where an entity involved in the functional process designed the operating system as a reverse engineered design based on the functional approach to create an operating system designed for the purpose of serving them self first and the source of profit or benefit second. Of course their motto is customer first!
In this case is is a sub system of the Health Care System. A sub system originally along the lines of the traditional Wholesale/Retail model but modified in function to serve the entity that used the functional approach to creating an Operating System to serve the functional Application Program that produced a profit to the designer.
It is a very clever profit making function driven design!
What might the Pharmacy Domain look like from an Object Oriented Operating System design to reduce inefficiencies introduced by profit making sub-optimization? The same question that applies to Health Care in general.
Re-importation of drugs from Canada?
It is the same old failure of functional self serving design to make the function of the Operating System serve the designer first and foremost.
Just like the function speculation profit dictated an Operating System of property value to serve the Bubble.
http://www.nakedcapitalism.com/2017/04/ilargi-economies-run-housing-bubbles.html
Cui Bono?
http://www.nakedcapitalism.com/2017/04/credentialism-corruption-medical-coding-symbol-manipulation-symbol-manipulators.html
Looks to me like another situation where an entity involved in the functional process designed the operating system as a reverse engineered design based on the functional approach to create an operating system designed for the purpose of serving them self first and the source of profit or benefit second. Of course their motto is customer first!
In this case is is a sub system of the Health Care System. A sub system originally along the lines of the traditional Wholesale/Retail model but modified in function to serve the entity that used the functional approach to creating an Operating System to serve the functional Application Program that produced a profit to the designer.
It is a very clever profit making function driven design!
What might the Pharmacy Domain look like from an Object Oriented Operating System design to reduce inefficiencies introduced by profit making sub-optimization? The same question that applies to Health Care in general.
Re-importation of drugs from Canada?
It is the same old failure of functional self serving design to make the function of the Operating System serve the designer first and foremost.
Just like the function speculation profit dictated an Operating System of property value to serve the Bubble.
http://www.nakedcapitalism.com/2017/04/ilargi-economies-run-housing-bubbles.html
Cui Bono?
http://www.nakedcapitalism.com/2017/04/credentialism-corruption-medical-coding-symbol-manipulation-symbol-manipulators.html
Health Care - Another Debt Based Functional Design Based System
Health Car is getting a lot of attention lately. Belatedly. A crucial problem domain of human life.
http://www.eastbaytimes.com/2017/03/30/california-lawmakers-release-details-on-universal-health-coverage-proposal/
http://kunstler.com/clusterfuck-nation/racket-of-rackets/
http://www.esquire.com/news-politics/politics/news/a54202/free-market-healthcare/
https://theintercept.com/2017/03/31/bernie-sanders-wants-to-expand-medicare-to-everybody-exactly-what-its-architects-wanted/
Karl Denniger takes a swipe at it in his own unique style. The Bill to Fix Health Care.
https://market-ticker.org/akcs-www?post=231949
I write about monetary systems in this blog. My solution to the problem of money is object oriented and defines money as a debt free object class. The singular instance of that class is a uniquely identified granular unit measurement of value of a Blockchain Operating System.
Money is a simple problem domain compared with Health Care. I have avoided looking at Health Care and proposing any solutions. It is an issue that can't be avoided and the current system is as dis-functional as the monetary system. The two problem domains have a common factor. That factor is that the fundamental lowest level granular unit in each system upon which the design of the Operating System and its Application Programs are designed.
Monetary System: A uniquely identified singular unit of the class: A digital serialized unit of value dollar with a value of one each.
Health Care System: A uniquely identified singular unit of the class: A living human being with a value of one life each.
The two systems have an inter-related object oriented relationship at the micro and macro levels.
It should not be so hard to design an Operating System and Application Programs relating one to the other with the design objective being best outcome.
The "Health" of the Monetary Operating System itself is measured in terms of outcome the optimization of efficiency result of all its Application Programs that the System supports.
Likewise, the "Health" of the Health Care system.
The two problem domains exist under a Parent ProblemDomain:SocialSystem The Operating System and Application Programs designed by human beings to manage their social interactions with each other and the world we live in.
There it all is!
Fixed it for ya!
https://www.youtube.com/watch?v=t_YXSHkAahE
Whose owned digital serialized blockchain dollar is to be related to whose owned unique blockchain life Health Care.
Life is a self validating truth blockchain transaction timeline from beginning to end that is inextricably related to money that should also be a self validating blockchain transaction timeline that has life and health in its own medium of exchange Operating System and Applications Programs designed to serve our higher order wants and needs of life.
We all own the Monetary System the same as we all own our own lives.
The Monetary System must do more than serve the Bankers currently owning it for profit.
Bankers are only entitled to own the (largest portion) of a single categorical Application of the controlling Monetary Operating System called Contractual Financial Debt.
Perhaps the simple solution to System Design is the rule that there is no conceptual abstract or real debt based relationship at the the most granular level of both Money and Human Beings and their related Operating Systems and Application Programs. The Operating System relationship between Money and Human Health Care only exists at the macro level. It is up to us to decide how that relationship is implemented in Application Programs that are in the end unrelated to debt where the rubber meets the road at single patient care and medium of exchange payment.
Private benefit at public expense......
....That is exactly the business model of the current Banking and Health Care domains that designed the Operating System to deliver the results to Banking and Health Care through profit generating debt based Application Programs.
It is an allocation of resources problem. Our monetary Operating System is a social decision making tool applied in Application Programs at the macro and micro levels to allocate resources.
Public benefit is in some cases a higher order objective than Private Profit. Health Care is a General Welfare of We the People Public Welfare when it is proclaimed to be a self evident truth and therefore a right.
It is our self evident right to determine the nature of both Health Care and Monetary Operating systems. In both problem domains Private Profit must not be the dominating design objective in the design of the Operating System. Public benefit must be the dominating Operating System design with subordinate design features to provide for Private Profit as a function of certain Application Programs.
The premise that the the mysterious hand of the free market Operating System assures the creation of the most efficient functional debt/profit based Application Programs decisions creates a reversed engineered Operating System where functional process produces Operating System Design as a result of some unseen mystery orchestrated by something behind the curtain best left to be unknown.
That something behind the curtain has dictated a political governance and health care system that functionally serves best those that profit from it the most through the design of our debt based, profit oriented functional design based monetary system.
http://www.eastbaytimes.com/2017/03/30/california-lawmakers-release-details-on-universal-health-coverage-proposal/
http://kunstler.com/clusterfuck-nation/racket-of-rackets/
http://www.esquire.com/news-politics/politics/news/a54202/free-market-healthcare/
https://theintercept.com/2017/03/31/bernie-sanders-wants-to-expand-medicare-to-everybody-exactly-what-its-architects-wanted/
Karl Denniger takes a swipe at it in his own unique style. The Bill to Fix Health Care.
https://market-ticker.org/akcs-www?post=231949
I write about monetary systems in this blog. My solution to the problem of money is object oriented and defines money as a debt free object class. The singular instance of that class is a uniquely identified granular unit measurement of value of a Blockchain Operating System.
Money is a simple problem domain compared with Health Care. I have avoided looking at Health Care and proposing any solutions. It is an issue that can't be avoided and the current system is as dis-functional as the monetary system. The two problem domains have a common factor. That factor is that the fundamental lowest level granular unit in each system upon which the design of the Operating System and its Application Programs are designed.
Monetary System: A uniquely identified singular unit of the class: A digital serialized unit of value dollar with a value of one each.
Health Care System: A uniquely identified singular unit of the class: A living human being with a value of one life each.
The two systems have an inter-related object oriented relationship at the micro and macro levels.
It should not be so hard to design an Operating System and Application Programs relating one to the other with the design objective being best outcome.
The "Health" of the Monetary Operating System itself is measured in terms of outcome the optimization of efficiency result of all its Application Programs that the System supports.
Likewise, the "Health" of the Health Care system.
The two problem domains exist under a Parent ProblemDomain:SocialSystem The Operating System and Application Programs designed by human beings to manage their social interactions with each other and the world we live in.
There it all is!
Fixed it for ya!
https://www.youtube.com/watch?v=t_YXSHkAahE
Whose owned digital serialized blockchain dollar is to be related to whose owned unique blockchain life Health Care.
Life is a self validating truth blockchain transaction timeline from beginning to end that is inextricably related to money that should also be a self validating blockchain transaction timeline that has life and health in its own medium of exchange Operating System and Applications Programs designed to serve our higher order wants and needs of life.
We all own the Monetary System the same as we all own our own lives.
The Monetary System must do more than serve the Bankers currently owning it for profit.
Bankers are only entitled to own the (largest portion) of a single categorical Application of the controlling Monetary Operating System called Contractual Financial Debt.
Perhaps the simple solution to System Design is the rule that there is no conceptual abstract or real debt based relationship at the the most granular level of both Money and Human Beings and their related Operating Systems and Application Programs. The Operating System relationship between Money and Human Health Care only exists at the macro level. It is up to us to decide how that relationship is implemented in Application Programs that are in the end unrelated to debt where the rubber meets the road at single patient care and medium of exchange payment.
Private benefit at public expense......
....That is exactly the business model of the current Banking and Health Care domains that designed the Operating System to deliver the results to Banking and Health Care through profit generating debt based Application Programs.
It is an allocation of resources problem. Our monetary Operating System is a social decision making tool applied in Application Programs at the macro and micro levels to allocate resources.
Public benefit is in some cases a higher order objective than Private Profit. Health Care is a General Welfare of We the People Public Welfare when it is proclaimed to be a self evident truth and therefore a right.
It is our self evident right to determine the nature of both Health Care and Monetary Operating systems. In both problem domains Private Profit must not be the dominating design objective in the design of the Operating System. Public benefit must be the dominating Operating System design with subordinate design features to provide for Private Profit as a function of certain Application Programs.
The premise that the the mysterious hand of the free market Operating System assures the creation of the most efficient functional debt/profit based Application Programs decisions creates a reversed engineered Operating System where functional process produces Operating System Design as a result of some unseen mystery orchestrated by something behind the curtain best left to be unknown.
That something behind the curtain has dictated a political governance and health care system that functionally serves best those that profit from it the most through the design of our debt based, profit oriented functional design based monetary system.
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