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How Startups Are Innovating with Crypto? | IDOs News
![How Startups Are Innovating with Crypto? | IDOs News How Startups Are Innovating with Crypto? | IDOs News](https://icoholder.com/blog/wp-content/uploads/2024/07/Screenshot_296.jpg)
By Terry Ashton, updated July 11, 2024
Startups are using cryptocurrencies to spur creativity in many different fields. Startups in the financial industry are incorporating blockchain technology to build dispersed systems with improved security, openness, and efficiency. They are creating distributed finance (DeFi) solutions that enable peer-to-peer borrowing, lending, and trading free from traditional middlemen, thereby lowering costs and improving access.
Startups in supply chain management employ blockchain to guarantee the authenticity of goods and traceability, therefore countering counterfeiting and raising consumer confidence. Startups are also looking at tokenizing assets including real estate, artwork, and even intellectual property to enable fractional ownership and hence democratize investing possibilities.
Furthermore encouraging fresh fundraising strategies are cryptocurrencies. Bypassing established venture capital paths, initial coin offers (ICOs), and security token offerings (STOs) give entrepreneurs access to worldwide financing. Startups who embrace these ideas not only improve their operational effectiveness but also reset industry standards and broaden their market reach.
Beyond its use in cryptocurrency, blockchain technology has transformed many sectors by providing decentralized, transparent, and safe solutions for a wide range of problems. Embracing the benefits of blockchain technology, startups are pushing the boundaries of innovation, discovering untapped opportunities, and shaking up established industries.
This article explores the innovative ways companies are using blockchain technology to revolutionize many industries and bring about change.
Smart Contracts And Decentralized Finance
Startups may now develop financial goods and services without the need for traditional middlemen thanks to Decentralized Finance, often known as DeFi, which is one of the most groundbreaking blockchain innovations. Automating borrowing, lending, trading, and yield farming are some of the uses for smart contracts on DeFi systems.
Startups are innovating in decentralized financial infrastructure (DeFi) by building decentralized exchanges (DEXs) for digital asset trading between users, creating decentralized lending protocols for users to generate interest in digital currencies, and developing synthetic asset platforms to mimic real-world assets on the blockchain.
More and more people are joining the DeFi ecosystem as a result of these innovations, which make financial services more accessible, cheaper, and more liquid.
Managing and Tracking the Supply Chain
Using blockchain technology, entrepreneurs may manage their supply chains more transparently and with more traceability. This helps with problems like product origin, counterfeit goods, and inefficiencies in the supply chain. Startups may monitor their products’ whole lifespan, from acquiring raw materials to tracking their distribution and retail sales, by documenting transactions on an irreversible ledger.
To facilitate authenticity verification, quality monitoring, and regulatory compliance, startups are incorporating blockchain technology into supply chain management through the development of decentralized platforms.
By using predetermined circumstances, such as shipment deadlines or quality inspections, smart contracts manage contractual agreements between parties. By encouraging ethical sourcing methods, these innovations boost sustainability, decrease fraud, and increase supply chain efficiency.
Authentication and Digital Identity
Digital identity solutions built on the blockchain are revolutionizing the way startups handle digital ecosystem privacy, authentication, and identity verification. Conventional authentication systems centralize data and become susceptible to data breaches, lacking interoperability across several platforms and jurisdictions.
Startups can take advantage of blockchain technology’s decentralized identity management by using cryptographic keys or AI tools like theimmediate-flow.com/kr to keep personal data in the hands of individuals.
Startups are developing innovative blockchain-based identification solutions, such as self-sovereign identity platforms, to help people safely store and maintain their digital identities.
These systems eliminate the need for centralized authorities by authenticating identity credentials using the blockchain’s secure cryptography and decentralized architecture.
Startups are leading the charge towards a safer and more user-focused digital economy by lowering the incidence of identity fraud, improving user privacy, and facilitating seamless identification verification across various services.
Tokenization of Ownership and Assets
Blockchain technology tokenizes physical or digital assets, turning them into programmable tokens that can be traded, exchanged, or fractionally distributed over blockchain networks.
Startups are using tokenization to facilitate access to investment prospects, free liquidity in illiquid assets, or simplify asset management techniques.
Real estate startups, for instance, tokenize property ownership so that investors may buy small amounts of real estate assets free from conventional constraints including geographical restrictions or large transaction fees. Startups in the decorative arts and collectibles sector tokenize artworks similarly to enable fractional ownership and blockchain transparency provenance monitoring.
For both investors and asset issuers, these developments democratize the availability of investment prospects, boost market liquidity, and lower administrative overhead.
Data Privacy and Healthcare via Blockchain Network
Startups are looking at blockchain’s ability to transform patient records, data management, and supply-chain logistics in the healthcare space.
Maintaining confidentiality for patients and regulatory compliance, blockchain guarantees data integrity, safety, and compatibility between many healthcare systems.
Startups using blockchain in healthcare are creating safe systems to support medical records management that let patients regulate access to their health data and give authorization to healthcare professionals for accurate and quick diagnoses and treatments. Blockchain-powered solutions for supply chains also track vaccines, medical devices, and medications from manufacturing sites to end users, guaranteeing authenticity, eliminating counterfeiting, and so lowering supply chain inefficiencies.
Adoption Problems and Regulatory Concerns
Blockchain adoption by startups faces legal obstacles related to data protection, trademark rights, taxation, and complying with anti-money laundering (AML) and know-your-customer (KYC) rules notwithstanding its transforming potential.
Startups must negotiate legal ambiguities and work with legislators to create clear policies that support innovation while preserving safeguards for customers and market integrity. The regulation becomes a must if startups are trading crypto globally via theimmediate-flow.com/kr as its main tool.
Technical issues such as scalability, compatibility between blockchain systems, and energy consumption related to consensus algorithms like proof of work (PoW) also need continuous research and development activities to solve.
In Essence
With entrepreneurs leading front-edge innovations, blockchain technology keeps redefining sectors and inspiring creativity across many others. Startups are revolutionizing finance through DeFi, improving supply chain transparency, changing digital identity management, expanding asset ownership, and transforming healthcare by leveraging the distributed, transparent, and secure features of blockchain.
Blockchain’s ability to build trust, efficiency, and inclusiveness in the global economy grows increasingly clear as startups negotiate legal complexity, solve technical obstacles, and cooperate on industry standards.
Startups may grab fresh prospects, challenge established business models, and help to determine the direction of digital innovation by adopting blockchain technology and using its transforming power.
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Advantages of Mobile Apps in Gambling: The Example of Pin Up App | IDOs News
![Advantages of Mobile Apps in Gambling: The Example of Pin Up App | IDOs News Advantages of Mobile Apps in Gambling: The Example of Pin Up App | IDOs News](https://icoholder.com/blog/wp-content/uploads/2024/08/Screenshot_354.jpg)
By Terry Ashton, updated August 31, 2024
Online gambling is going mobile — over 50% of players are already playing casino games on their mobile devices, and their number is expected to grow further. But does a mobile app have actual advantages over browser-based play? We decided to do more profound research by accessing and trying gambling on a desktop browser, mobile browser, and the app. That allowed us to distinguish casino mobile applications’ key benefits and drawbacks. If you’re considering using one, just keep reading — we will share some helpful insights below.
Benefits of Mobile Play at Pin Up Casino
The rise of online gambling happens for multiple reasons, including the following ones:
- Ultimate accessibility. You can access the app anywhere, even on the go. You don’t need to take additional actions — the casino opens with just one click.
- Lower Internet requirements, offline play. If you play for fun, you can do it even without an Internet connection. If you prefer to play real money, the requirements for an Internet connection will still be much lower because most data is already downloaded to your device.
- Push notifications. You can immediately learn about the new top promotions and the hottest games without checking your email.
- Special bonuses. Sometimes, special bonuses are granted to mobile players. Some casinos may add them occasionally to encourage players to play on apps.
- The same game selection. If a casino is modern and cooperates with top providers, all games will be compatible with mobile devices. For instance, if you play at Pin Up casino online, you can access the same collection of games. That goes not only for slots but also for live games, table games, etc.
- Higher security standards. The app is protected even better than the site. Data is encrypted, and the chance that anyone will access your account is close to zero.
Registration also goes smoothly. Once you sign up on the browser or app, you can access the platform with just one click by entering your Pin Up login and password.
Considering the Cons: Potential Drawbacks of Using a Pin-Up Mobile App
Nothing is perfect, and neither are casino apps. Gamblers should also consider the drawbacks, and the most common ones are as follows:
- Installing software is a must. You need to install the software on your phone. It’s safe if it’s the official casino site and a good product. However, clicking on the wrong link and downloading the wrong APK file may result in problems.
- Battery drain and storage space. It’s no secret that charging the phone all the time is annoying, and innovative slots with top graphics may drain your battery quickly. Also, though most apps don’t take much space (in the case of Pin Up, it’s just about 100 Mb), they still require more effort to manage it.
- Compatibility requirements. Any app will have technical requirements, and most aren’t compatible with old mobile devices and tablets. Also, you’ll need to install updates quite regularly.
- Smaller screen. This is a disadvantage for those who prefer playing on larger screens, particularly those who prefer live dealer games.
Do the pros outweigh the cons for you? If yes, the mobile app will boost your experience. If not, browser play may be a better option.
Final Thoughts: The App vs. Browser Play at Pin-Up Casino
Technology is shaping the industry. Nowadays, there’s no such significant difference between playing on a mobile app and a mobile or desktop browser. You get the same game selection, the same bonuses, and the same smooth experience. So, it’s a matter of taste. Choose what will work best for you and enjoy your play.
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NVIDIA Introduces Fast Inversion Technique for Real-Time Image Editing | IDOs News
![NVIDIA Introduces Fast Inversion Technique for Real-Time Image Editing | IDOs News NVIDIA Introduces Fast Inversion Technique for Real-Time Image Editing | IDOs News](https://image.blockchain.news:443/features/D8E08E86F8EDBDDCD68414CF49BDD8B1401B11A69515DFF98E6B2B03EE9CF9D7.jpg)
Terrill Dicki
Aug 31, 2024 01:25
NVIDIA’s new Regularized Newton-Raphson Inversion (RNRI) method offers rapid and accurate real-time image editing based on text prompts.
NVIDIA has unveiled an innovative method called Regularized Newton-Raphson Inversion (RNRI) aimed at enhancing real-time image editing capabilities based on text prompts. This breakthrough, highlighted on the NVIDIA Technical Blog, promises to balance speed and accuracy, making it a significant advancement in the field of text-to-image diffusion models.
Understanding Text-to-Image Diffusion Models
Text-to-image diffusion models generate high-fidelity images from user-provided text prompts by mapping random samples from a high-dimensional space. These models undergo a series of denoising steps to create a representation of the corresponding image. The technology has applications beyond simple image generation, including personalized concept depiction and semantic data augmentation.
The Role of Inversion in Image Editing
Inversion involves finding a noise seed that, when processed through the denoising steps, reconstructs the original image. This process is crucial for tasks like making local changes to an image based on a text prompt while keeping other parts unchanged. Traditional inversion methods often struggle with balancing computational efficiency and accuracy.
Introducing Regularized Newton-Raphson Inversion (RNRI)
RNRI is a novel inversion technique that outperforms existing methods by offering rapid convergence, superior accuracy, reduced execution time, and improved memory efficiency. It achieves this by solving an implicit equation using the Newton-Raphson iterative method, enhanced with a regularization term to ensure the solutions are well-distributed and accurate.
Comparative Performance
Figure 2 on the NVIDIA Technical Blog compares the quality of reconstructed images using different inversion methods. RNRI shows significant improvements in PSNR (Peak Signal-to-Noise Ratio) and run time over recent methods, tested on a single NVIDIA A100 GPU. The method excels in maintaining image fidelity while adhering closely to the text prompt.
Real-World Applications and Evaluation
RNRI has been evaluated on 100 MS-COCO images, showing superior performance in both CLIP-based scores (for text prompt compliance) and LPIPS scores (for structure preservation). Figure 3 demonstrates RNRI’s capability to edit images naturally while preserving their original structure, outperforming other state-of-the-art methods.
Conclusion
The introduction of RNRI marks a significant advancement in text-to-image diffusion models, enabling real-time image editing with unprecedented accuracy and efficiency. This method holds promise for a wide range of applications, from semantic data augmentation to generating rare-concept images.
For more detailed information, visit the NVIDIA Technical Blog.
Image source: Shutterstock
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AMD Radeon PRO GPUs and ROCm Software Expand LLM Inference Capabilities | IDOs News
![AMD Radeon PRO GPUs and ROCm Software Expand LLM Inference Capabilities | IDOs News AMD Radeon PRO GPUs and ROCm Software Expand LLM Inference Capabilities | IDOs News](https://image.blockchain.news:443/features/9EE0AA0B1F3BD20BCCC7C00CFFD871DCA35D15A36341179DDF6072A1E953606D.jpg)
Felix Pinkston
Aug 31, 2024 01:52
AMD’s Radeon PRO GPUs and ROCm software enable small enterprises to leverage advanced AI tools, including Meta’s Llama models, for various business applications.
AMD has announced advancements in its Radeon PRO GPUs and ROCm software, enabling small enterprises to leverage Large Language Models (LLMs) like Meta’s Llama 2 and 3, including the newly released Llama 3.1, according to AMD.com.
New Capabilities for Small Enterprises
With dedicated AI accelerators and substantial on-board memory, AMD’s Radeon PRO W7900 Dual Slot GPU offers market-leading performance per dollar, making it feasible for small firms to run custom AI tools locally. This includes applications such as chatbots, technical documentation retrieval, and personalized sales pitches. The specialized Code Llama models further enable programmers to generate and optimize code for new digital products.
The latest release of AMD’s open software stack, ROCm 6.1.3, supports running AI tools on multiple Radeon PRO GPUs. This enhancement allows small and medium-sized enterprises (SMEs) to handle larger and more complex LLMs, supporting more users simultaneously.
Expanding Use Cases for LLMs
While AI techniques are already prevalent in data analysis, computer vision, and generative design, the potential use cases for AI extend far beyond these areas. Specialized LLMs like Meta’s Code Llama enable app developers and web designers to generate working code from simple text prompts or debug existing code bases. The parent model, Llama, offers extensive applications in customer service, information retrieval, and product personalization.
Small enterprises can utilize retrieval-augmented generation (RAG) to make AI models aware of their internal data, such as product documentation or customer records. This customization results in more accurate AI-generated outputs with less need for manual editing.
Local Hosting Benefits
Despite the availability of cloud-based AI services, local hosting of LLMs offers significant advantages:
- Data Security: Running AI models locally eliminates the need to upload sensitive data to the cloud, addressing major concerns about data sharing.
- Lower Latency: Local hosting reduces lag, providing instant feedback in applications like chatbots and real-time support.
- Control Over Tasks: Local deployment allows technical staff to troubleshoot and update AI tools without relying on remote service providers.
- Sandbox Environment: Local workstations can serve as sandbox environments for prototyping and testing new AI tools before full-scale deployment.
AMD’s AI Performance
For SMEs, hosting custom AI tools need not be complex or expensive. Applications like LM Studio facilitate running LLMs on standard Windows laptops and desktop systems. LM Studio is optimized to run on AMD GPUs via the HIP runtime API, leveraging the dedicated AI Accelerators in current AMD graphics cards to boost performance.
Professional GPUs like the 32GB Radeon PRO W7800 and 48GB Radeon PRO W7900 offer sufficient memory to run larger models, such as the 30-billion-parameter Llama-2-30B-Q8. ROCm 6.1.3 introduces support for multiple Radeon PRO GPUs, enabling enterprises to deploy systems with multiple GPUs to serve requests from numerous users simultaneously.
Performance tests with Llama 2 indicate that the Radeon PRO W7900 offers up to 38% higher performance-per-dollar compared to NVIDIA’s RTX 6000 Ada Generation, making it a cost-effective solution for SMEs.
With the evolving capabilities of AMD’s hardware and software, even small enterprises can now deploy and customize LLMs to enhance various business and coding tasks, avoiding the need to upload sensitive data to the cloud.
Image source: Shutterstock
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