Libra is a cryptocurrency designed using blockchain technology. It is built by the most popular social media giant Facebook. The main motive behind developing Libra is to emancipate millions of underbanked and unbanked people by offering them similar financial opportunities.
Libra will give their users the best transaction experience with unimaginable speed on minimal or no charges. Users can transfer money from their home to any part of the world. Libra is compatible with mobile and all you need is a basic data connection.
Blockchain technology is a decentralized programmable database that helps in backing the more constant currency and has the capability to act as a medium for transacting money to millions of people all over the world.
Libra is a self-reliant association formed to control and regulate the flow of Libra, it is an organization aiming to offer basic financial infrastructure and to introduce a universal currency to empower millions of people. Libra Association is a compilation of validator nodes, such as academic entities, international corporations, and social impact partners.
An allocated system of the Libra blockchain looks after the transactions and ownership of Libra. While transacting Libra, there is a slight chance of attacks on the system and here Blockchain helps in defending this kind of attack using LibraBFT.
A secured and well-written software will help you in protecting the Libra Blockchain. Move a new programming language that is used in developing Libra. It is a safe and responsive programming language for Libra Blockchain. It is an applied bytecode language used to implement smart transactions and contracts.
People have different views on cryptocurrencies, but Libra can be trusted easily as it is backed by a reserve that includes stable liquid assets, which helps in keeping the value of Libra stable.
Rarely are thieves, animators and illustrators frightened by the same technology — but all of the above should be on the lookout for Animetrics’ new software – Forensica GPS. This new software-based technology is able to turn low-res photos into stunning 3D renders.
While my mind is reeling with the possibilities, Animetrics specifically designed their software to help police investigators track down subjects — without the time-consuming sketch artist process. This automation process is able to capture distinct facial features like that of the trained eye of a sketch artist, but being a machine it can do it much quicker (and cheaper?).
The software is based on the growing technology of the facial recognition software movement, and uses facial recognition techniques to turn 2D images into 3D visualizations. Forensica GPS is able to best some of its 3D competitors and 2D counterparts by capturing small changes that make up definition, with things like lighting, tattoos and makeup.
In response to employers demanding employees force over their Facebook passwords, Facebook has decided to fight back. But of course they are Facebook. And unsurprisingly, they are fighting back in their typical screw-you-I’m-Facebook style response.
They released a rather fiery indictment of the workplace practice, saying that it violates not only privacy rights but also Facebook’s own constitution of guidelines—you are not allowed to share or solicit Facebook passwords. They even went so far as to call it criminal, saying companies forcing employees or potential employees to pass over information is a violation. “As a user, you shouldn’t be forced to share your private information and communications just to get a job,” Facebook said in its post.
F-Commerce launched with hyper-ambition is losing its sheen. Buoyed by Facebook’s successful track record in the promotion of products and services, it has attracted leading businesses to gamble with F-Commerce in the form of Facebook stores. However, due to negative results there is growing dismay on these stores and the establishments are winding off at a much quicker pace than the pace taken to demonstrate their identity on Facebook stores.
Before condemning the strategy behind the F-Commerce for its perceived failure, it should be remembered that evolving technologies take time to take shape and to consolidate their stand. As a matter of fact, no system is foolproof. While developers and innovative entrepreneurs come with ‘out of the box’ ideas and approach to grab the world of endless opportunities and possibilities, there will be a definitive phase where correction takes place. Consolidation happens once the correction phase ends. The waves of corrections and consolidations will overlap and offer concrete platforms where foolproof systems can be developed and implemented with very high levels of success. As F-Commerce is in the initial phase, it will take time to show its colors and relevance in offering new ways of solutions for businesses to further promote their products and services.
Ever get irritated that you can’t push/pull content between your computer and your social networks and sort it in handy desktop folders? Instead you have to manually update each as new content is added? Martin Pannier did. In response he created SocialFolders.
The SocialFolders app allows you to more easily manage content across your desktop and various social networks. It allows you to centrally manage your content, including backing up your photos, videos and docs. To put it more succinctly, MASHABLE summed it when they said — SocialFolders Is Like Dropbox for Social Media. If you’re not a MASHABLE fan, CNET also puts it simply when they say — It’s Photo Stream for everything“.
On the set of the movie “New Star of India”.
An interesting development in Bollywood – use of Facebook to approach the common public and involved them in movie making.
Nissan created the ‘New Star of India’, a Bollywood movie auditioned on Facebook. It seems, quite a lot of people auditioned for an opportunity to act alongside the Bollywood actor Ranbir Kapoor. From well over 2500 hopefuls, 20 were chosen to be in the movie.
There are multiple benefits from building an Online Community to create demand for your product. Unlike marketing campaigns, the efforts placed in building online community will give results in the long run.
Let us find useful ways to build online community especially for startups;
Select the most appropriate platform to reach your customers. If some discussions are already happening about your products on a platform like Facebook then you can involve more in those discussions. You should ensure that ‘Facebook Page’ reflects up-to-date information and talks about new launches, etc. It is right opportunity for you to add the required material and facts and figures to convince or substantiate the effectiveness of your products and services. You can reply user’s queries and ask for more questions. If you are doing well at one platform gradually you can extend to another affective platform.
Engage your audience or customers. This is very much important. As your concern is in the initial stages of growth, you should listen to the requirements of your customers. If you are able to satisfy existing customers, satisfied customers will bring in more numbers of new customers. You should respond to the comment placed by a visitor on your blog. You should reach audience in various locations like forums and discussion groups. Instead of expecting a sudden surge of visitors you should be able to serve the needs of existing customers. With consistent engagement with customers, you will be able to remove the drawbacks of your products and launch better products in future which will invite many more new customers. By engaging customers in proper way, you can build community that will add-up on a continuous basis.
You should offer users ways and means to socialize. There should be an option to subscribe to your newsletter. You can offer multiple ways to connect with customers. Connectivity icons of Facebook, Twitter, Google+, etc. should be easily accessible on your site. They should be placed in the most prominent location so that icons can be easily noticed by users. You should offer links that can be shared by users’ friends. You should also expand your presence on social bookmarking sites. These sites will draw lot of traffic as they create authority on your product.
Quality over Quantity
You should focus on quality in every aspect. You should deliver the best product. The product should be optimized as per the changing times and lifestyles. A lack of one single simple feature can make a very big difference. Hence, you should be in the forefront of adaptation of technology and grasp things from the market. In addition to the product quality and quality of service, you should also implant quality conscious customers who will promote or rather advocate your products.
At the end of the day, what you obtain from all your inputs will matter your business. You should have access to data that pertain to different aspects of business. By quantifying the results you should be able to know in which direction your business is going. You will be able to find the returns on investments. The quality community build over the years will attract many new visitors.
Facebook seems to have gotten itself into yet another controversy.
The Federal Trade Commission has been asked to investigate possible privacy violations in the new Facebook Timeline feature. The FTC was approached by the Electronic Privacy Information Centre, a public interest group. Yahoo News published an article quoting, “Facebook is changing the privacy settings of its users in a way that gives the company far greater ability to disclose their personal information than in the past.”
With Timeline, Facebook has once again taken control over the user’s data from the user, and now made information that was essentially archived and inaccessible widely available without the consent of the user.
When EPIC solicited the FTC to look into Facebook’s privacy settings, it produced a two year scuffle that ended last year with an illustrious settlement between the two parties involved.
In a digital cry Occupy Wall Street is screaming ‘Viva la Revolución!’ with their new Facebook-like virtual stomping ground, The Global Square. The Global Square is the movement’s new virtual Zuccotti Park, a place where Occupiers can squat virtually — free from state and corporate intervention, they hope.
The Occupy Wall Street movement along with developer Ed Knutson created their own social networking site to keep it from prying governmental eyes. “We don’t want to trust Facebook with private messages among activists,” says TGS developer Knutson. This new electronic tent city aims to connect the various global Occupy movements, along with similarly politically aligned social misfits, drum circle-ists, hippies-who-finally-found-a-cause and Occupy supporters. Many (this writer included) are glad to see this virtual occupation finally materialize, as it was only a matter of time before someone like Knutson began to Occupy the Internet.
Facebook is facing a possible fine of €100,000 ($138,000) for storing data of the users even after their account data was deleted. In one of the latest developments to shock the social networking world, Facebook’s Ireland offices are being audited after a 24 year old Austrian law student, Max Schrems; who filed 22 individual claims about Facebook’s practices.
It all began when the 24-year-old asked Facebook for a copy of all his private data in the month of June. Facebook acknowledged the request and sent him a CD containing 1200 pages of data which included his likes, ‘friend’ and ‘unfriend’ history and also chat logs. The information provided to him was broken down into 57 categories which included log-ons and email addresses, which he assumes were discerned from another user’s profile. The Austrian law student was taken aback as some of the data returned to him had already been deleted. The CD also consisted of a list of photos of himself which he had de-tagged, the names of everyone he had “poked”, which events he didn’t attend and much more. His 22 individual claims were a part of the Europe vs. Facebook initiative taken by him. His claims include the ways Facebook retains deleted user data and also puts a lens on the social networking site’s Terms of Service and business shortcomings.