Cryptocurrency use is growing exponentially, and governments may want to consider the benefits. Why are blockchain and cryptocurrency so popular right now? Why have business whales and finance execs invested large cash reserves into cryptocurrency? They hope to benefit from this colossal opportunity. Visual Capitalist, in an April 2021 article, remarks that Bitcoin, compared to other tech companies, is the fastest asset to reach a $1 Trillion market cap.
In March of 2020, Bitcoin’s price was coming in at around $3K. As of May 11, 2021, Bitcoin was $56,551.44. Per coin. And Bitcoin is only one of over 4,000 cryptocurrencies according to Investopedia in a January 2021 article. This growing trend presents a new challenge for governments.
Cryptocurrency sits on top of a technology called blockchain. Blockchain is a database network that supports the transfer of value in a digital format. It is an independent system not owned by any institution, individual, bank, or entity, (read, government). As more cash moves into this crypto arena, governments will lose visibility and control of their national currency. How will that affect them?
The Government Blockchain Association, (GBA)?s Tax Working Group has written a Whitepaper entitled, ‘The Impact of Cryptocurrency Adoption on Government’. This 138-page document is the result of a full year’s worth of research and analysis, done by a team of authors with expertise in tax risk analysis, data, research analytics, cryptocurrency, digital assets, business, and blockchain. This report was not financed by any major corporation or interest group. The authors were all volunteers and were not influenced by a sponsor?s desired outcome. This paper was written to find an answer to a question.
How will this monumental transfer of fiat money into cryptocurrency affect governments and their citizens? Be assured, it will affect them, and the governments that understand this change can better prepare for what is coming.
The Impact of Cryptocurrency Adoption on Government whitepaper is available for download purchase.
About The Government Blockchain Association GBA
The Government Blockchain Association GBA is a non-profit business association with chapters in 120 cities around the world and over 50 Working Groups, where the public and private sectors can connect, communicate, and collaborate.
Now in its third year, Blockchain Ireland is hosting a week-long series of digital events to celebrate and educate the Irish audience on Blockchain, a truly transformational technology. This year the theme is: Blockchain: Foundation of Trust. Blockchain is most often recognised as the technology that underpins Bitcoin and other cryptocurrencies.
Jillian Godsil, co-founder and editor in chief of Blockleaders says: “I frequently speak on a global basis on why Blockchain needs Women and I am delighted to address this issue on home soil. While blockchain and cryptocurrency are one of the most dynamic and exciting industries today, there is sadly a huge dearth of women represented in this sector. Blockchain is too important to be left to men alone.”
The Blockchain Ireland week runs from May 24 until May 27 and will offer digital events across the country covering social impact and public services, sustainability, start-ups and innovation, enterprise, developers and more. There is an impressive array of some X Speakers drawn from the World Economic Forum, the European Commission, Irish government, industry, academia, entrepreneurs, and the indigenous technology sector.
The line of up international speakers from Africa, Asia, Australia, and the United States will join speakers from Ireland to speak on use cases and experiences from craft brewing and bloodstock sales, to green energy and agri-food traceability.
The event is organised by Blockchain Ireland which is a non-profit organisation of state agencies, corporates, academics, and industry professionals, is working to share insights and expertise and to promote blockchain technology in Ireland.
The Government Blockchain Association (GBA) is pleased to announce a new Ireland Chapter headed by Jillian Godsil (Chair) and Lisa Gibbons (Deputy Chapter Leader).
Gerard Dache, executive director of GBA globally, welcomed the news: “Jillian has been a supporter of GBA for more than two years and we welcome her formal appointment as chapter lead with the support of Lisa Gibbons. Ireland is well known internationally as a hub for technology and it is great to see an active GBA chapter in-country.”
Jillian is an award-winning journalist, broadcaster and author. She chairs and speaks at Blockchain conferences internationally and is frequently listed in the top people of Blockchain globally. She changed the law in Ireland to allow bankrupts to run for public service in 2014 and ran in the European Parliamentary Elections in the same year, earning 11,500 a year in votes: not enough to get elected but enough to make a difference.
Lisa has more than 12 years’ experience in the marketing space. Lisa currently offers her expertise to niche businesses focused on technology, eCommerce and start-ups and manages all European partnerships for Spendabit.co. Previously she managed ecommerce for CaminoWays.com, managed the Canadian market for Taxback.com and developed business and sports tourism for Campus Life Services at the University of Limerick.
Both Jillian and Lisa will take the lead in establishing meaningful engagement for individuals and organizations (government, private, and non-profit) who are interested in developing and implementing blockchain technology within Ireland.
The GBA is an international non-profit professional association with members located in 75+ countries. GBA’s focus is on cultivating professional workflows between technologists, public policymakers, application specialists, and those who want to learn about new and emerging digital currencies. Furthermore, GBA acts as a catalyst in creating a public dialogue around the creative, profitable, and positive use of blockchain technology at the intersection of government, finance, and the law.
Membership is available to government employees along with student organizations, private sector professionals, and corporations. Membership fees are waived for government employees. https://www.gbaglobal.org/membership
On May 18, Hermitage Capital announced that former J.P. Morgan investment banker Henry Zhang will be joining as the firm’s President and Managing Partner.
Mr. Sean Xiang, Founder of Hermitage Capital and Mr. Henry Zhang, President of Hermitage Capital
Henry Zhang has over a decade of investment banking experience and held various senior positions at bulge bracket investment banks including Executive Director of Investment Banking Division at J.P. Morgan, responsible for investment banking in China’s transportation, logistics and enterprise technology sectors; Vice President and Operating Officer of China Investment Banking at Morgan Stanley; and Associate Director of Asia-Pacific Investment Banking Department at UBS. He has successfully led and participated in over 60 transactions with aggregate transaction value of over USD60 billion. Some of his landmark transactions include Meituan Dianping’s USD4.2 billion Hong Kong IPO (the world’s largest community e-commerce IPO ever), ZTO Express’s USD1.4 billion U.S. IPO (the biggest U.S. IPO in 2016), and BOC Aviation’s USD1.1 billion Hong Kong IPO (the world’s biggest leasing IPO ever), and the RMB43.3 billion backdoor listing of S.F. Holding.
Moreover, Henry Zhang has led many landmark cross-border M&As in China and played a key role in the important negotiations. Some of the selected transactions include the acquisition of 49% stake of 10 global ports under the CMA CGM on behalf of China Merchants Port, the acquisition of 51.8% stake of Kerry Logistics on behalf of S.F. Holding, the acquisition of Toulouse Airport in France on behalf of Shandong Expressway and FPI, the sale of Istanbul Kumport (Turkey’s third largest port) to a Chinese consortium comprised of China Merchants Group, COSCO and China Investment Corporation, the sale of a minority stake in Autostrade per l’Italia (Italy’s largest expressway operator) to Silk Road Fund.
Sean Xiang, Founder, Chairman and CEO of Hermitage Capital stated, “Henry Zhang has over a decade of experience in China and global capital markets. We believe that with his unique industry insights and outstanding deal sourcing capability, he will play a key role in developing Hermitage Capital into a leading private equity fund in Asia. I am very much looking forward to working with Mr. Zhang closely to continue investing in the leading enterprises in China’s New Economy sectors, and to create excellent returns for our LPs.”
Henry Zhang said: “Since its establishment in 2017, Hermitage Capital has become one of the fastest-growing private equity firms in Asia. The partners at Hermitage Capital all came from top-tier global financial institutions. I am thrilled to join this platform and looking forward to working with the best talent in the industry. ”
About Hermitage Capital
Established in 2017, Hermitage Capital focuses on investing in the leading enterprises in China’s New Economy sectors and has become one of the fastest-growing investment groups in Asia. It is headquartered in Hong Kong with an office in Shanghai. It has invested in 20 well-known private equity deals and the assets under management have exceeded USD1 billion. Four of its portfolio companies, namely Tencent Music (TME.US), Lufax (LU.US), 360 DigiTech (QFIN.US) and PINGAN OneConnect (OCFT.US) have been listed in the U.S. In addition it expects to have another five portfolio companies, including Ximalaya Inc. and WeDoctor Group, to be listed in Hong Kong or the U.S. by the end of 2021. Some of its other portfolio companies include Airwallex, Sensetime, Horizon Robotics, Medlinker, Ping An HealthKonnect, Haodf.com and VoxelCloud.
METRO MANILA – Here is the official 6/55 Grand Lotto Result today, Wednesday, May 19, 2021, based on the official draw result of the Philippine Charity Sweepstakes Office (PCSO). Please refresh this page after the 9PM draw to view the result.
The Grand Lotto 6/55 jackpot starts at P29.7 million (net of agent’s prize commission). The jackpot grows each time there is no winner. If there are more than one jackpot winner, the jackpot prize will be divided equally among the winners.
6/55 Grand Lotto Result Today May 19, 2021: [ 06-12-02-13-48-15 ]
Jackpot prize: P29.7 Million
How to Play 6/55 Grand Lotto:
You have to be at least 18 years old to play. In your playslip, select six numbers from 1 to 55 or mark Lucky Pick (LP) for a computer generated numbers.
GrandLotto 6/55 ticket costs 20.00 each 6-number combination per draw.
You may play the same number combination for 6 consecutive draws by marking the chosen number of draws in the DRAW panel. You may also opt to play SYSTEM to have more chances of winning.
Reminders from PCSO:
You must be at least 18 years old to buy UltraLotto 6/58 Tickets or claim your Grand Lotto 6/55 winnings. The 20.00 play amount is inclusive of 20% Documentary Stamp Tax (DST)
Players have the sole responsibility for checking the accuracy of the data printed on your ticket(s) including bet type, bet amount, the draw date you want to enter and the numbers you want to play.
Please ensure that you check your numbers at the official PCSO website. BusinessNews.ph cannot be held responsible for any misprints, typos, or inaccuracies that lead to any financial loss or failure to claim winnings.
METRO MANILA – Here is the 6/45 Megalotto Result Today May 19, 2021 based on the official 9PM draw of the Philippine Charity Sweepstakes Office (PCSO). Check your tickets here for the winning number combination. You could be the next millionaire!
Megalotto 6/45 give players three chances per week to become MILLIONAIRE! Every MONDAY, WEDNESDAY and FRIDAY.
6/45 Megalotto Result Today May 19, 2021 [ 09-45-43-26-40-08 ]
To win the Jackpot, you must match all 6 numbers in any order.
The Initial Jackpot Prize (IJP) for Megalotto 6/45 is P8,910,000.00 (net of agent’s prize commission). If no one wins the jackpot in a particular MegaLotto 6/45 draw, the prize amount is carried forward into the next MegaLotto 6/45 draw.
If there is more than one jackpot winner, the Jackpot prize will then be divided equally among all the winners.
Pick six numbers from 1 to 45 or choose Lucky Pick (LP) and let the computer pick the 6-number combination for you. MegaLotto 6/45 costs 20.00 each per play per draw.
You can even play your selected numbers up to six consecutive draws in advance by marking the preferred number of draws in DRAW column on the playslip. If an error is made, mark the VOID box to indicate that the board is cancelled.
You may also try playing SYSTEM plays to increase your chance and prizes to be won. For the total amount of winnings per System play, please refer to the MegaLotto 6/45 System Play Prize Payout Chart below.
Reminders from PCSO:
You must be at least 18 years old to buy MegaLotto 6/45 Tickets or claim your MegaLotto 6/45 winnings. The 20.00 play amount is inclusive of 20% Documentary Stamp Tax (DST)
Players have the sole responsibility for checking the accuracy of the data printed on your ticket(s) including bet type, bet amount, the draw date you want to enter and the numbers you want to play.
Please ensure that you check your numbers at the official PCSO website. BusinessNews.ph cannot be held responsible for any misprints, typos or inaccuracies that lead to any financial loss or failure to claim winnings.
METRO MANILA – Here is the official 3D Lotto Result today, Wednesday, May 19, 2021 from the Philippine Charity Sweepstakes Office (PCSO) based on 2PM, 5PM, and 9PM live draws online.
3D also known as Swertres is one of the most popular digit games in the Philippines. The PCSO releases official 3D result / Swertres result for 19 May 2021 at 2pm, 5pm and 9pm. Refresh this page after the scheduled draw time to see the latest results.
3D Lotto Result Today May 19, 2021 from PCSO (Swertres):
Congratulations to all the winners. if you did not make it in today’s draws, don’t worry, there are still more draws to come. 3D Swertres tickets are still at P20 each. Please check this post regularly for the latest 3D Swertres Lotto results from the Philippine Charity Sweepstakes Office (PCSO).
Only persons aged 18 and above are allowed to play Swertres Lotto. Players are responsible for checking the accuracy of the data printed in their tickets.
Select your Swertres number combination by marking one (1) number out of numbers 0 to 9 in each of the three columns.
Mark LP (Lucky Pick) if you want the terminal to choose the number combination for you.
Select your play amount.
Mark Rambolito if you want to play Rambolito 3D Lotto System Bet.
For Advance Plays, mark the number of consecutive draws in the Draw panel.
Where to Claim 3D Lotto Prize/s
For P10,001.00 and up, excluding the Jackpot Prize, prizes can be claimed in PCSO Branch Offices in your area or at the PCSO Head Office.
For P24 up to P10,000, prizes can be claimed at the Lotto outlet where you bought your ticket or at the PCSO Branch Offices in your are.
Please ensure that you check your numbers at the official PCSOwebsite. BusinessNews.ph cannot be held responsible for any misprints, typos or inaccuracies that lead to any financial loss or failure to claim winnings.
Stephen Crystal, SCCG Founder, announced today that the company has extended its partnership with Scout Gaming Group, the industry-leader in premium fantasy sports technology solutions, for a further year.
“We are excited to see our clients and partners eager to adopt Scout Gaming Group’s rich technologies to support the growth of their existing sports wagering offerings. Scout Gaming Group is making significant contributions to venue-based customer sports engagement in bars, restaurants, and stadiums with its eFanGage product, as well as its imminent Dreamsport.com fantasy tournament platform launch,” said Crystal.
Scout Gaming Group provides the industry-leading supplier solution for licensed and regulated B2B Fantasy Sports Wagering. Scout offers the ultimate fantasy sports experience, enabling operators to tap into the rapidly growing fantasy sports market. Not only does Scout provide the widest selection of game types, but they also offer a full suite of sports with the ability to add other sports upon request.
About SCCG Management
SCCG Management is a consultancy that specializes in sports betting, iGaming, sports marketing, affiliate marketing, technology, intellectual property protection, product commercialization, esports, capital formation, M&A, joint ventures, casino management, and governmental and legal affairs for the casino and iGaming industry.
About Scout Gaming Group
Scout Gaming Group is a licensed and regulated B2B provider of daily fantasy sports and betting solutions. Scout offers the only liquidity network for fantasy sports in Europe and has some of the largest online operators on the client list. Scout is licensed in both Malta and the UK. Scout is listed at Nasdaq OMX Stockholm First North.
The AMiner team of Tsinghua University released “2021 AI Most Influential Scholar Annual List” (“AI 2000 List”for short). The AI 2000 List aims to select the most influential and active top-cited scholars from the field of artificial intelligence worldwide over the past ten years based on AMiner academic data.
Top 10 countries in the number of AI 2000 scholars
The 2021 selection was based on the big data of a total of 178,254 papers and 204,483 authors collected from 49 top journals and proceedings from the field of artificial intelligence over the ten years from 2011 to 2020. The list has been automatically generated by intelligent algorithms to obtain 200 scholars named “AI 2000 Most Influential Scholars” and 1,800 scholars named “AI 2000 Most Influential Scholars Honorable Mention”.
The AI 2000 Annual List covers 20 sub-fields of artificial intelligence: classical AI, machine learning, computer vision, natural language processing, robotics, knowledge engineering, speech recognition, data mining, information retrieval and recommendation, databases, human-computer interaction, computer graphics, multimedia, visualization, security and privacy, computer networking, computer systems, theory of computation, chip technology, and the Internet of Things.
This year’s 200 Most Influential Scholars and 1,800 Nominated Scholars came from different institutions around the world. Since one scholar can be nominated in different subfields, the total number of AI 2000 most influential scholars is 1,651 after de-duplication.
In terms of the countries represented, the list is dominated by 1,163 American scholars, accounting for 58.2%, over half of the total number. China ranks second after the US, with 223 scholars on the list, accounting for 11.2%. Germany ranks third, with the largest number of scholars in Europe. The other top ten countries in the number of scholars are the UK, Canada, Singapore, Australia, Switzerland, France, and Israel.
Regarding the number of AI 2000 Most Influential Scholars, companies like Google and Microsoft have more AI scholars and nominations than universities. Google, topping the list with a total of 135 scholars, is the only institution that has more than one hundred scholars. In addition, 80 scientists on the list are from Microsoft. The only Chinese research institution that can rival these companies is Tsinghua University with 39 scientists on the list.
As for gender characteristics, male scholars outnumbered their female counterparts on the AI 2000 List. Male scholars are in the majority in all fields of AI, with a total of 1,774 scholars (88.6%); the total number of female scholars is only 180. Given that one scholar may be nominated in different fields, the data after de-duplication show 1,501 males and 154 females, and the male-female ratio is about 9.7:1.
Of the global AI 2000 scholars, 1,163 are from the US and 223 from China, ranking first and second in number. Although the number of American scholars on the list this year is 6% lower than that of last year, the US still takes the lead in the overall human resources of artificial intelligence and high-level research achievements, which has laid a solid talent foundation for the development of artificial intelligence in the US.
Currently, China is the country with the greatest enthusiasm for AI research. Despite the second place, China still lags far behind the US, and therefore it is imperative to strengthen the building of AI talent pools.
About AMiner
AMiner is an AI academic search platform that offers massive Chinese and English literature retrieval. Developed by the team under Professor Tang Jie at the Department of Computer Science of Tsinghua University, AMiner boasts completely independent intellectual property rights in China. As China’s first AI academic search platform, it includes more than 270 million academic papers/patents and knowledge maps of 133 million scholars, providing researchers with convenient and authoritative academic search services with cognitive intelligence.
About The AI 2000 List
The AI Most Influential Scholar Annual List aims to select the 2,000 most influential and active top scholars from the field of artificial intelligence around the globe based on AMiner academic data in the coming 10 years.
By sticking to its original aspiration of “exploring the academic world and promoting disciplinary development”, the AMiner team at Tsinghua University has built global academic knowledge maps based on data and automatically generated the list using AI technology in the principles of objectivity and fairness.
METRO MANILA – Here is the official 3D Lotto Result today, Tuesday, May 18, 2021 from the Philippine Charity Sweepstakes Office (PCSO) based on 2PM, 5PM, and 9PM live draws online.
3D also known as Swertres is one of the most popular digit games in the Philippines. The PCSO releases official 3D result / Swertres result for 18 May 2021 at 2pm, 5pm and 9pm. Refresh this page after the scheduled draw time to see the latest results.
3D Lotto Result Today May 18, 2021 from PCSO (Swertres):
Congratulations to all the winners. if you did not make it in today’s draws, don’t worry, there are still more draws to come. 3D Swertres tickets are still at P20 each. Please check this post regularly for the latest 3D Swertres Lotto results from the Philippine Charity Sweepstakes Office (PCSO).
Only persons aged 18 and above are allowed to play Swertres Lotto. Players are responsible for checking the accuracy of the data printed in their tickets.
Select your Swertres number combination by marking one (1) number out of numbers 0 to 9 in each of the three columns.
Mark LP (Lucky Pick) if you want the terminal to choose the number combination for you.
Select your play amount.
Mark Rambolito if you want to play Rambolito 3D Lotto System Bet.
For Advance Plays, mark the number of consecutive draws in the Draw panel.
Where to Claim 3D Lotto Prize/s
For P10,001.00 and up, excluding the Jackpot Prize, prizes can be claimed in PCSO Branch Offices in your area or at the PCSO Head Office.
For P24 up to P10,000, prizes can be claimed at the Lotto outlet where you bought your ticket or at the PCSO Branch Offices in your are.
Please ensure that you check your numbers at the official PCSOwebsite. BusinessNews.ph cannot be held responsible for any misprints, typos or inaccuracies that lead to any financial loss or failure to claim winnings.
Cryptocurrency use is growing exponentially, and governments may want to consider the benefits. Why are blockchain and cryptocurrency so popular right now? Why have business whales and finance execs invested large cash reserves into cryptocurrency? They hope to benefit from this colossal opportunity. Visual Capitalist, in an April 2021 article, remarks that Bitcoin, compared to other tech companies, is the fastest asset to reach a $1 Trillion market cap.
