Artificial Intelligence Becomes a Jury in the Photo Contest

International Business Times starts the contest of architectural photography with an artificial intelligence acting as a jury. It was created by the developers of the well-known mobile app EyeEm. Developers say that the system is able to analyze the images according to a number of criteria: from identification of objects on the photo to evaluating the aesthetic features of the photo.

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The Graphic City competition is dedicated to architectural minimalism. Mangers ask participants to focus on geometric elements, corners, and curves. They want photographers to send visually concise photos. Recruitment continues until February 12.

EyeEm is one of the most popular photo apps. The number of users is equal to approximately 20 million people all over the world. Technologies of AI in the program have been used for a few years – mostly for sorting photos regarding the themes and categories.

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Canadian VersaBank is Building a Digital Storage for Cryptocurrency

The smallest in terms of assets the Bank of Canada VersaBank announced the creation of a digital vault for cryptocurrency. The new service will be launched in June.

“We’re using what banks are all about — safety and security — only what we’re doing now is saying that physical box in the basement is getting obsolete,” said David Taylor, chief executive officer.

Secure and Super Private Place

To work on the new service, the bank attracted the BlackBerry specialist Gurpreet Sahota. He will lead the team of developers of virtual storage VersaVault. The digital assets will be stored on servers around the world. As in the case of safe deposit boxes, the bank doesn’t know what is inside. In addition, the financial institution will not even have access to the contents of the storage.

“Our differentiator in this market is to be secure and super private,” said Taylor.

The large funds have already shown interest in the novelty. The cost of services in the bank has not yet been determined, but it will not be “cheap”.

Ford Got the Patent for an Autonomous Police Car

Ford is one of the automotive companies making huge investments in the field of autonomous vehicle. They believe it is going to be an integral part of the future traffic. Recently the company filed an application for a patent. They are going to create an autonomous police car.

Car to Guard the Streets

The patent, called Motor 1, describes an autonomous police vehicle that can independently detect violations committed by other cars on the road in connection with surveillance cameras and road sensors.

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A police car operating on AI can report the information on the offender to the office and chase this vehicle. Moreover, it is able to connect to the lawbreaker’s vehicle to communicate with passengers, check the identity of the driver, etc.

In fact, Ford’s patent application contains an algorithm that could determine how severe a driver’s violation of rules is and presume a penalty. The patent also describes how police officers are able to take control of a self-driving vehicle or use a wireless connection to various databases to obtain additional information about a driver who violates the law.

As for now, this is only a patent. Even if Ford gets permission to accomplish this goal, it is not known when it will be realized.

Ori – Robotic Furniture for a Smart Home

Imagine that you have a little flat in a big city. A little space, too many things, always mess… On the other hand, you will be able to create a table or a bed using just an app or gesture. Spinout MIT Media Lab Ori seeks to make this kind of robofiction a reality. Boston start-up company develops smart furniture. It turns into a bedroom, a study or a big wardrobe to save space in a small apartment.

More than a Smart Home

The Ori is an L-shaped device that is installed along the wall. There is a closet, a folding table, a pull-out bed, drawers and shelves on one side. The other side of the device could be unfolded to become a table. The surface above is a big shelf where one can place the TV. The third side, opposite to the wall, includes more shelves and hooks for hanging coats. Users can control the device through a smart home, a mobile Ori app or assistants like Echo Amazon. The test line of Ori, estimated at $ 10,000, is already being sold.

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Developers predict that future apartments can be fully equipped with smart Ori furniture. This tech can be developed for other rooms like kitchens, bathrooms and hallways. For example, a two-bedroom apartment can be transformed into a spacious studio, become three separate rooms or turn into one big hall for a party.

The main task is to solve the problems of urbanization, as nowadays cities are extremely popular places for life. The second new phenomenon is the Internet of Things, so to say, it is a flow of intellectual gadgets, like household goods and furniture intended for connection to the Internet. They are connected to each other and simplify human life serving as gadgets.

LitePay Will Be Launched in The Near Future

LitePay is the new processing service for the Litecoin cryptocurrency. It will be launched in the near future and will allow companies and merchants around the world to quickly and easily accept “digital silver” as payment for goods and services.

The beginning of work on LitePay was announced by the Litecoin Foundation in December of last year. Now the developers are ready to present the product to the general public.

Users will also be offered the opportunity to order a debit card that can be replenished with any wallet and used to withdraw cash from any compatible ATM. The website of LitePay does not say which payment platform supports the cards.

d3mnxbb1jk701The popular Bitcoin-processor BitPay currently takes a commission of $5.00, and the confirmation of transactions takes a lot of time.

Taking into account the faster and cheaper transactions offered by Litecoin, such a service can be not only more profitable and convenient, but it will also help to broaden the adoption of this cryptocurrency and increase its liquidity.

 

Coincheck Hackers Tried to Move the Stolen Cryptocurrency

The NEM Foundation tracked the stolen funds for a total of 58 billion yen ($ 533 million) in XEM-equivalent to an anonymous address. The intruders began to withdraw money directly to six crypto-exchanges.

The organization stressed that hackers send 100 XEM to numerous and unrelated addresses in order not to provoke activation of AML-mechanisms on crypto-exchanges.

“[The hackers are] trying to spend them on multiple exchanges. We are contacting those exchanges,” told Singapore-based McDonald.

The stolen funds made up approximately 5% of the total supply of XEM, which, according to McDonald, makes sales impossible on such a scale because of the market’s inability to “absorb such a quantity.”

However, the XEM rate has been in a downward trend for several days on expectations of a large sell-off from hackers. In addition, it is negatively affected by the news about the judicial summons received by Bitfinex and Tether Ltd from the US Futures Trading Commission (CFTC).

At the moment, NEM is trading around $ 0.76 according to the analytical resource CoinMarketCap.

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On Friday, January 26, representatives of Coincheck confirmed a large-scale attack and theft of $ 530 million in NEM-equivalent.

Japan Begins to Sell Real Estate for Bitcoin

Specializing in the sale of real estate Japanese startup company Yitanzi announced the plans to accept bitcoins as a payment.

Currently, one commercial property is for sale – a small building worth 547 BTC (approximately $ 6.4 million at the current rate).

The technical director of Yitanzi Yokozawa Yuske reported that now many crypto-enthusiasts are looking out for the real estate market, seeking to spend investment income. Yuske also noted that the Japanese real estate market has a large number of sellers who are ready to receive cryptocurrency as payment.

According to representatives of Yitanzi, the building will be sold for bitcoins in several weeks. Moreover, in the future, the company is considering the option of accepting the second largest cryptocurrency Ethereum.

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