PNY LX2030 and LX3030 M.2 NVMe Gen3 x4 Solid State Drives: More Endurance for the Chia(R) Plotting Needs 4072

PNY announced today the launch of the LX2030 and LX3030 line of ultra high endurance SSDs to the company’s assortment of solid-state drives. The new LX families of SSDs offer ever higher levels of endurance designed for “proof of space and time” applications like Chia (XCH) Plotting.

Designed for Plotting
The PNY LX2030 and LX3030 M.2 NVMe SSDs are the ideal solution for “proof of space and time” applications like plotting Chia Coin. To secure the blockchain, the data needs to be first created in a process called “plotting”, which is only required once per plot file. This process is write intensive, so a desirable SSD for plotting has high sustained write bandwidth and endurance (TBW, or terabytes written). Typically this level of write performance and endurance was only seen on enterprise class SSDs.

Lifextension Technology
The PNY family of LX drives take advantage of Lifextension technology to offer a Chia Plotting TBW rating of up to 54,000 in the LX3030 2TB. To deliver such a high Plotting TBW, the LX series of PNY SSDs utilize an advanced AI Engine, LDPC and Flash I/F to improve NAND endurance, making them the best unit cost for plotting. Without sacrifice, you are able to take full advantage of Lifextension technology and the up to 18X better endurance by adding an LX drive to the system.

Statement From CHIA Team
“I’m very excited that PNY has partnered with Phison to deliver the first SSD for Chia plotting. The LX3030 is tuned for the Chia plotting workload, which requires a high amount of sustained bandwidth. Users can be at ease knowing they won’t wear out the drive easily – the LX3030 1TB can create 2PB of plots before wearing out. All of this is in an M.2 80mm form factor for broad compatibility. The entry LX2030 will be great for small form factor systems and 4-6 core desktops and laptops, like the NUC build,” said Jonmichael Hands, VP Storage Business Development at Chia.

 

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Aves Lair presents Demo Day, showcasing winter 2020 accelerator cohort 17966

Aves Lair, a New York-based startup accelerator and VC with a focus on deep tech, including AI, blockchain, cloud and data, will host a Demo Day event on April 9, 2021 at 11:00 AM ET. The event will highlight the innovative solutions developed by the members of Aves Lair’s Winter 2020 cohort, and will feature the following startups:

Blocksport is a Switzerland-based sports technology company whose white-label digital solutions provide traditional sports and esports teams with new, durable revenue streams and fan engagement channels.

DLCC is a fintech company that offers institutional-grade prime brokerage tools and services for digital assets. The company built a solution that enables traditional asset managers and allocators, like family offices, global macro hedge funds and endowments, to participate in the digital asset space.

SubStrata is an Israel-based B2B sales technology company whose AI-powered social signal processing platform helps professional dealmakers attain better outcomes. SubStrata’s technology analyzes the subtextual information contained in communications to provide dealmakers with a rich array of insight.

iLoto – is a Singapore-based Edtech solution powered by AI that generates automated video transcription and translation in 30+ languages.

Storkcard is a London-based budgeting tool that takes the guesswork out of financial planning for new parents by allowing users to keep track of their spending and budget for the future.

Kotani Pay is a payment solution enabling blockchain protocols, dapps and blockchain fintech companies to reach a wider audience.

OmniEyes is a Taiwan-based computer vision company whose AI-based solution enables effective fleet management, driver safety and smart city management features.

80% of White Respondents Are Aware of Bitcoin Compared to 66% of Hispanics and 61% of Black Respondents, New Study by SimpleMoneyLyfe 18836

The research, which analyzed exclusive survey results and public databases, also discovered that males are more aware of Bitcoin than females, and 67% of Millennials favor Bitcoin over gold. The data encompasses results from November 2019 to January 2021 – making it the most comprehensive cryptocurrency study to date. Moreover, our data hits on topics that resonate with consumers, academia, and the private industry. The results shed light on a new narrative that has not been covered – one that reveals rampant disparity.

This SimpleMoneyLyfe Study also analyzed several other factors related to cryptocurrency and the broader blockchain industry.

Here is a quick snapshot of what our industry-leading research reveals:

Cryptocurrency Criminal Activity: Just 0.34% of Crypto’s Transaction Volume was Used for Criminal Activity. This equates to roughly 10 billion dollars.

Bitcoin Hoarders are Prevalent: 2% of Crypto Wallets Control 95% of all Bitcoin. This includes numerous governments, financial institutions, and early Bitcoin investors/miners.

Male vs Female Bitcoin Awareness: According to another survey, 78% of male survey respondents reported being aware of Bitcoin, while only 71% of females were aware of this particular digital asset (18+ or Older).

Massive Blockchain Investments: As blockchain is accepted and utilized across different industries, the U.S. is poised to remain at the forefront of innovation. It is projected to spend $4.2 billion on blockchain solutions.

Complete Study Results: https://simplemoneylyfe.com/cryptocurrency-statistics

Simplemoneylyfe.com is a leading financial website that covers the blockchain, financial, and credit industries. We simplify complex financial topics into digestible (action-oriented) information.

CES 2021 BayPay Rides Rise in Token Commerce with Its Simple, Fast, and Safe Payment Service 19090

BayPay is a technology company that builds economic infrastructure for blockchain with a promise to offering simple, fast, and safe payments, especially with the anticipated growth in token-based commerce during the COVID-19 pandemic, when people don’t necessarily want to hold physical money. BayPay’s Founder and CEO Scofield Yeh is positioning his company to reap the benefits of growth in the token economy. He said that, despite the fact that blockchain-related businesses are growing faster than the rest of the economy, only about 0.3 percent of global commerce happens on “chain” today.

“Regulatory complexity, a byzantine global financial system, and a shortage of engineers are constraining the impact of the token economy. Removing the barriers to token commerce helps more new businesses get started, expedites growth for existing companies, and increases economic output and trade globally. BayPay combines a payments platform with applications that put blockchain data at the heart of business operations,” Yeh said.

“Businesses of every size, from new startups to public companies, use our software to accept payments and manage their token businesses on chain,” he said.

He said that sitting atop BayPay’s blockchain platform are applications like the token, wallet, and cashier, which manage the lifecycle of the blockchain and deposit money into user bank accounts anywhere. BayPay includes a powerful API engine that makes transferring asset ownership easy. “Our SaaS (Software as a Service) infrastructure provides reliability, scalability, and security,” said Yeh.

NO-KEY

BayPay said that the biggest obstacle for users to enter the blockchain world is concerns related to establishing a wallet of their own such as managing private keys and remembering recovery phrases. By separating the two roles of identity authentication and authorization, BayPay allows users to use wallets as easily as using Gmail. It also allows companies to integrate token services into existing products to provide consistent user experiences.

NO-FEE

Yeh said the tokens issued by BayPay support the payment of fees by designated service providers, making it as easy for consumers as using ordinary points. “All transactions have costs. For example, the use of VISA cards incurs a fee charge of about 2%. Also, when the transaction fee is determined by the consumer and paid by the consumer using a token, it will confuse and inconvenience consumers. This is the current state of the token economy,” he said.

PAY-AS-YOU-GO

BayPay cloud service provides hundreds of application programming interfaces to assist your token economy operations as well as dozens of third-party integrated applications that help enterprises operate, including vouchers, discount coupons, gift certificates, meal coupons, redemption coupons, points, loyalty programs, and much more. The best part is that services are priced based on usage, without expensive program development costs and lengthy launch times.

Yeh noted that there are several ways to leverage BayPay. For example, it allows merchants, even those without blockchain knowledge such as POS retailers and e-commerce websites, to accept tokens as cash or to drop a link through chat or a Facebook post.

BayPay also helps ICO issuers improve the liquidity of their tokens. “Users can set the buyback price of their tokens and we will collect the tokens for them. There is no need to allocate manpower to work with your vendors and no more marketing subsidies need be spent on low-impact efforts.”

The company’s E2E also helps customers aggregate their spending power from separate sources and transfer their assets to whomever they want through the wallet. “No annoying private keys like with other wallets. All of the assets on BayPay are safeguarded by a hardware key vault.” Moreover, the B2B helps enterprises create stable coins as checks and deposit cash to their clients. This reduces the cost of accounting by adopting the distributed ledger services of blockchain. The innovative services of BayPay have earned the company selection by Taiwan Tech Arena (TTA) as one of the 100 featured Taiwanese startups showcased at CES 2021.

BayPay’s Founder and CEO Scofield Yeh is an experienced chief technology officer with specific skills in operations management, IT service management, business model development, management, and accounts management. Yeh is a strong information technology professional. He earned his executive master of Business Administration (EMBA) focused on entrepreneurship from National Taiwan University.

Covalent Taps IBM Blockchain to Help Track the Carbon Impact of its AirCarbon-based Fashion Goods 18297

IBM (NYSE: IBM) and Covalent, a fashion brand recently launched by Newlight Technologies, today announced that Covalent is using IBM Blockchain technology on IBM LinuxONE so consumers can track the carbon footprint and supply chain of its sustainable, AirCarbon-based fashion accessories, from eyewear to handbags. Purchasing sustainable products is a growing motivation for consumers. A recent study by IBM showed 57% of consumers surveyed were willing to change their shopping habits to reduce environmental impact. Covalent’s products, which can be purchased on its website, are made with AirCarbon, a biomaterial made by microorganisms that is meltable and can be used as an alternative to fiber, plastic and leather. Because it is made using renewable power, AirCarbon is certified as carbon-negative by the Carbon Trust, meaning it reduces the amount of carbon in the air.

In addition to being part of a new category of “regenerative” products emerging that can have a positive impact on the amount of carbon in the atmosphere, Covalent’s AirCarbon-based products provide a new level of traceability through the application of IBM Blockchain technology. Often, when consumers buy products labeled as sustainable fashion, they cannot see a verified record of how the product was made or how it affects the environment. Covalent’s products bridge that gap with a blockchain-based number that can be used to show the steps in the production process for that specific product as well as its third-party-verified carbon impact so customers can view impact the product is having on the environment.

A unique 12-digit number printed on each Covalent product, known as the “Carbon Date,” represents the time when the AirCarbon used to create that specific product was created. The number can be entered into Covalent’s website to trace the steps that went into creating the product. The supply chain journey that brought each product to life is stored in an immutable record on the blockchain and stretches from when the AirCarbon was formed and molded into a handbag to who independently verified its carbon footprint and when it was moved to a stockroom.

“Our goal was to give people the information they need to decide what kind of impact they want to make,” Newlight CEO Mark Herrema said. “With IBM Blockchain and LinuxONE technology, we can now provide visibility into not only the steps used to make each Covalent product, but also the carbon impact that each specific product has on the environment. For us, that’s important, because it helps make tangible the unique pathway that led to the creation of that product.”

By working with IBM Business Partner Cognition Foundry, a services provider and systems integrator, Covalent is able to host its IBM Blockchain solution on IBM LinuxONE, a highly secured server for mission critical workloads and that provides scalability and resiliency, including the industry’s first and only FIPS 140-2 Level 4 certified Hardware Security Module (HSM).[1]

“Blockchain’s ability to foster trust gives Covalent’s customers a better understanding of how their products were made,” said Alistair Rennie, General Manager of IBM Blockchain. “In turn, Covalent can create a better customer experience, and a better opportunity for consumers to understand how their choices impact the environment. This is another great example of how blockchain is supporting our mission of using technology for good.”

Kim Dotcom’s Next-Generation Content-Monetization Service K.IM Announces Bitcoin Cash Integration 17725

Dotcom, whose website Megaupload was once the 13th most popular site on the Internet and responsible for 4% of all Internet traffic, said K.IM turns “digital files into file shops. Users can use our service to package a file that they want to sell into an encrypted container file and then they can place it anywhere on the Internet. Customers who want to access the content inside the encrypted container can make a payment using cryptocurrency like Bitcoin Cash.”

Asked why he was excited about K.IM and Bitcoin Cash in particular, Dotcom said that while Bitcoin (BTC) has been a great tool for asset storage, Bitcoin Cash is “great for payments” for services like K.IM and offers new financial opportunities for consumers, vendors and investors. Kim had the following to say about the crypto market:

“My opinion is that crypto use is on the rise and BCH is in a good position to accumulate market share. For me it’s simple: The more users you have the more value you have.”

“The winners in the crypto race will be decided by vendors and users. Focus on the fundamental question: What do vendors and users want? Low fees, fast transactions, high security and ease of use.”

He went on to say that Bitcoin Cash was currently “undervalued” and that the “upside potential for those who missed the BTC train” is enormous. Bitcoin.com Founder and friend of Dotcom, Roger Ver, said that Dotcom has “always been ahead of the rest of the market and that people should pay attention to his predictions.” He went on further to say:

“When you look at interest in BTC these days, a lot of it comes in trying to chase its historic investment gains. As long as the price keeps going up, there is going to be a lot of interest. But what happens when people want to start actually using it to pay for things? They will discover the limitations of Bitcoin and look for an asset that can be both an investment and a true peer-to-peer payment system like Bitcoin was originally meant to be. That’s what Bitcoin Cash is.”

MEG Announces Purchase Agreement for 2,000 Units of D1, BYD’s Custom Electric Ride-hailing Vehicle 18110

Ideanomics (NASDAQ: IDEX) (“Ideanomics” or the “Company”) announces that its Mobile Energy Global (“MEG”) and its contracting entity Qingdao Chengyang Medici have signed an agreement with Meihao Chuxing, a joint venture between BYD and Didi, to purchase an initial 2,000 units of model BYD D1. The ride-hailing vehicles are intended for deployment in multiple cities within China, with deliveries expected to begin in H1 2021.

“The D1 is a very thoughtfully designed ride-hailing EV and is a culmination of the latest design and technology to bring drivers and their customers an enjoyable travel experience. We are very pleased to work with Meihao Chuxing and BYD to promote the sales of the D1,” said Alf Poor, Ideanomics CEO. “Supported by a viable government subsidy program, the proliferation of EVs in China is a testament to the value that public and private partnerships can bring to large scale global challenges. We look forward to developing these types of partnerships and the rollout of more innovative vehicles like the D1 to our taxi and ride-hailing customers.”

Meihao Chuxing (Hangzhou) Automobile Technology Co., Ltd. was established in 2019, though a 65/35 joint venture between BYD and Didi with BYD having controlling interest. Launched in November 2020, model BYD D1 was jointly developed by BYD and Didi as the world’s first custom-built, all electric car for ride-hailing. The vehicles feature L2 Assisted Driving system, are linked with a fleet management system that helps large fleet operators track and optimize operational status, real-time energy management, as well as a myriad of other safety and comfort features. BYD D1 is equipped with its latest Blade Battery (LFP chemistry) with a range of 418 km (260 miles) and can reach top speeds of 130 km/h (81 mph). Didi Chuxing is deploying and promoting the ride-hailing service in a number of Chinese cities. Passengers can order the customized ride-sharing service via the Didi app.