A library of snippets
xxx
Credit card payment processing costs airlines over $20 billion annually, accounting for 2.2% of ticket sales.
While this may still be the preferred form of payment for most airline customers, airlines have a strong incentive to embrace alternatives.
From: Why Airlines Want To Make It Easier For You To Pay For Flights.
xxx
Basically, airlines want you to use your frequent flier mile credit cards for absolutely evertyhing except buying plane tickets.
xxx
The IATA survey also found that airlines lost 25% of potential product and service sales during the customer journey because of payment issues.
“Payment needs to be seen as part of the commercial offer and not just as a financial transaction at the end of the sale,” said Muhammad Albakri, IATA’s Senior Vice President for Financial Settlement and Distribution Services.
From: Why Airlines Want To Make It Easier For You To Pay For Flights.
xxx
xxx
Store your digital documents such as Aadhaar card, driving license,
PAN card, Co-WIN vaccine certificate, etc. in one secure place, all accessible with just one swipe.
xxx
A recent Resarch & Markets report forecast that the number of digital identity applications in use will exceed four billion by 2027 (growing by four-fifths from today) while noting thatsuch apps face competition from digital wallets. This has long been my overall view of the market and I have said before that I come down on the smart wallets side of the fence.
xxx
Validium is a scaling solution that enforces integrity of transactions using validity proofs like ZK-rollups, but doesn’t store transaction data on the Ethereum Mainnet. While off-chain data availability introduces trade-offs, it can lead to massive improvements in scalability (validiums can process ~9,000 transactions, or more, per second(opens in a new tab)).
From Validium | ethereum.org.
xxx
xxx
Researchers from ETH Zürich, Swiss Data Science Center, and SRI International in New York have utilized the power of OpenAI’s GPT-2 architecture to develop PassGPT, a password-guessing model built on a large language model (LLM). And it’s trained on a trove of leaked passwords from various hacks and exploits.
From Meet PassGPT, the AI Trained on Millions of Leaked Passwords – Decrypt.
xxx
xxx
According to the survey, the UK takes the first position, with those consumers who have been a victim of identity theft losing an average of GBP 268.30 over the past year. This is the highest amount of money lost per person across the 26 countries surveyed. This would also mean that the country lost GBP 3.1 billion to identity theft.
Moreover, the total amount lost to fraud per individual is much higher for those paying with digital currencies such as Bitcoin online. About 77% of consumers have been a victim of identity theft when paying with this method, losing an average of GBP 369.60.
From Britain lands at the top of global identity theft – ThePaypers.
xxx
The GPT autonomously manages USDC in its own wallet on. You can talk to it, give it suggestions on how to best use its resources, and the GPT might decide to do something with its USDC based on your recommendations.
xxx
“Very Large Online Platforms designated under the Digital Services Act (including services such as Amazon, Booking.com or Facebook) and private services that are legally required to authenticate their users will have to accept the EU Digital Identity Wallet for logging into their online services,” the EU wrote in a release.
xxx
xxx
“This Monday, a middle-aged Swedish couple was tied up in their home and robbed by 4 masked men. They were physically abused and threatened with their own kitchen knives. They were tied up for hours and one had to be escorted to the hospital via helicopter”, to get them to forfeit their hardware wallets.
Wall also highlights the link to a separate incident, where “two well-known Bitcoin/crypto profiles were targeted in their homes by masked, armed men.” Wall adds that the first incident of criminals targeting Bitcoin users took place in 2022, when “one of Sweden’s most well-known Bitcoiners” had their apartment broken into. The spate of these violent robberies seems to be linked to ease of access to personal information and residential addresses in the country.
Sweden’s Offentlighetsprincipen (Principle of Public Access to Information) laws give the public the right to request information, including residential addresses and tax records from the government, effectively allowing criminals to research and ‘size up’ their victims. Wall claims “While the intention behind this legislation was to reduce corruption, it is not fit for modern society.” These public access laws are increasingly being used by criminals to target their victims
xxx
Snippings