Superconducting Microprocessors? Turns Out They’re Ultra-Efficient – IEEE Spectrum

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While adiabatic semiconductor microprocessors exist, the new microprocessor prototype, called MANA (Monolithic Adiabatic iNtegration Architecture), is the world’s first adiabatic superconductor microprocessor. It’s composed of superconducting niobium and relies on hardware components called adiabatic quantum-flux-parametrons (AQFPs). Each AQFP is composed of a few fast-acting Josephson junction switches, which require very little energy to support superconductor electronics. The MANA microprocessor consists of more than 20,000 Josephson junctions (or more than 10,000 AQFPs) in total.

Christopher Ayala is an Associate Professor at the Institute of Advanced Sciences at Yokohama National University, in Japan, who helped develop the new microprocessor. “The AQFPs used to build the microprocessor have been optimized to operate adiabatically such that the energy drawn from the power supply can be recovered under relatively low clock frequencies up to around 10 GHz,” he explains. “This is low compared to the hundreds of gigahertz typically found in conventional superconductor electronics.”

This doesn’t mean that the group’s current-generation device hits 10 GHz speeds, however. In a press statement, Ayala added, “We also show on a separate chip that the data processing part of the microprocessor can operate up to a clock frequency of 2.5 GHz making this on par with today’s computing technologies. We even expect this to increase to 5-10 GHz as we make improvements in our design methodology and our experimental setup.”

The price of entry for the niobium-based microprocessor is of course the cryogenics and the energy cost for cooling the system down to superconducting temperatures.

“But even when taking this cooling overhead into account,” says Ayala, “The AQFP is still about 80 times more energy-efficient when compared to the state-of-the-art semiconductor electronic device, [such as] 7-nm FinFET,

From Superconducting Microprocessors? Turns Out They’re Ultra-Efficient – IEEE Spectrum:

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The international dimension of a central bank digital currency | VOX, CEPR Policy Portal

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A CBDC not only has domestic macroeconomic and financial implications for the issuing economy; it has also implications for the rest of the world.  Our simulations suggest that if a CBDC is available to non-residents, additional volatility in capital flows, exchange rates and interest rates resulting from its presence can be mitigated through holdings limits on transactions by foreigners or through flexibility in the CBDC’s remuneration rate.  Of the two policy tools, our simulations show the latter is the most powerful – price flexibility dominates quantitative restrictions.  That a CBDC increases asymmetries in the international monetary system by reducing monetary policy autonomy in foreign economies, but not domestically, suggests in addition that introducing a CBDC sooner, rather than later, could give rise to a significant first-mover advantage.

From The international dimension of a central bank digital currency | VOX, CEPR Policy Portal:

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The Era of Government-Friendly Bitcoin Miners Is Here

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The DCMNA is pioneering a technique it calls “clean mining,” meaning it selects which transactions to process based on wallet information instead of the most lucrative fee options. In other words, they’re promising to only mine transactions that the government approves of, even if it means revenue takes a hit.

“We can tell regulators our mining pools are not doing business with child traffickers, terrorists, or miners in Iran,” Okamoto said. “We’ll lose about 0.35% of our potential business. We think that’s a small price to pay for being able to say we are the good guys, according to the U.S. Treasury… if I point my business toward Chinese pools, they might be doing business with those bad actors.”

Combined, DCMNA’s two current members claim to make up almost 8 percent of the entire Bitcoin network’s hashrate. That’s nothing to sniff at, and they’re looking to swell their ranks with more miners willing to only process U.S. government-friendly transactions.

From The Era of Government-Friendly Bitcoin Miners Is Here:

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Council Post: How Identity Fraud Can Lead To Financial And Societal Losses

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In December 2020, it was discovered that personal information from 243 million Brazilians from Brazil’s Ministry of Health’s database was exposed online in a government’s website source code

From Council Post: How Identity Fraud Can Lead To Financial And Societal Losses:

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Currency in circulation grows by Rs 5 lakh crore in 2020 in India, breaks record

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The currency in circulation in India spiked up by a record 5 lakh crore in 2020 even though the country’s gross domestic product (GDP) is experiencing a contraction.

According to a report in timesnownews, the data released by the Reserve Bank of India states that the currency in circulation grew by Rs 5,01,405 crore between January 1, 2020, and January 1, 2021. Overall, the value of notes in circulation has risen to Rs 27,70,315 crore, up 22% from the previous year.

From Currency in circulation grows by Rs 5 lakh crore in 2020 in India, breaks record:

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Japan Post Bank to scrap its cashless payment service over security flaws | The Japan Times

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The bank noticed the first fraudulent money transfer in summer 2017. It did not, however, start taking proper steps security measures or offer compensation until autumn 2019.

From Japan Post Bank to scrap its cashless payment service over security flaws | The Japan Times:

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Blockchain takes on forgeries, counterfeits | Mobile Payments Today

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Consumers are increasingly conscious of product provenance — “where did this come from, and how was it made?” Because Y allows a brand or a retailer to track that story back as far as they want, and because there is full transparency of that content. Remember once added, everyone can see any changes, and this helps improve consumer trust, which in competitive markets is a huge advantage.

From Blockchain takes on forgeries, counterfeits | Mobile Payments Today:

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Bill Gates ID

Twenty years ago…

“Bill Gates went to great lengths to emphasis the importance of smart cards to the 60,000 attendees of NetWorld+Interop in Las Vegas.
Smart cards closely tied to PKI deployment in the corporate environment but, as a recent report by The Yankee Group points out, vendors and systems integrators have not got their acts together so far as PKI is concerned: the survey of 30 corporations found inadequate support and professional services.”

“Bill Gates Campaigns For Stronger ID” from Card Technology: p.26-30 (2000).

Council Post: 11 Finance Experts Predict Big Changes Coming To The Banking Industry

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Most consumers and small businesses don’t understand the difference between what commercial banks offer versus nontraditional lending entities—whether from fintech or investor-backed funds. Consumers want capital at reasonable rates and do not care about the source.

From Council Post: 11 Finance Experts Predict Big Changes Coming To The Banking Industry:

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