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On January 5th, according to Qichacha APP, Xiaomi Automotive Technology Co., Ltd. recently published a patent application for "Fatigue Driving Intervention Method, Device, Vehicle, Equipment, Medium, and Chip." The patent abstract from Qichacha shows that this disclosure applies to smart cockpits. The method includes: acquiring multiple vehicle-side data from the vehicles infotainment system and multiple driver data based on a drivers wearable device during driving; identifying the drivers fatigue status based on the multiple vehicle-side data and multiple driver data; and, in response to identifying the drivers fatigue state, performing fatigue driving intervention processing according to the drivers fatigue level. This improves the accuracy and precision of determining the drivers fatigue state in a driving environment. By implementing targeted fatigue driving intervention measures through the vehicle and wearable device, it enhances the effectiveness and proactiveness of fatigue driving intervention measures and optimizes the intervention effect.On January 5th, Wang Changlin, Vice Chairman of the National Development and Reform Commission, stated at a press conference held by the State Council Information Office that, looking towards the "15th Five-Year Plan," the innovation support system for the Yangtze River Economic Belt will be improved. This includes: first, promoting original scientific and technological innovation in the Yangtze River Economic Belt; second, advancing innovation and entrepreneurship to cultivate more innovative enterprises; and third, improving the innovation system and ecosystem to allow the seeds of innovation and entrepreneurship to grow into towering trees.On January 5th, the Guangdong Provincial Government website published the "Implementation Opinions of the General Office of the Guangdong Provincial Committee of the Communist Party of China and the General Office of the Guangdong Provincial Government on Promoting High-Quality Development of Digital Trade and Service Trade through High-Level Opening-up." The document mentions relaxing market access in the service trade sector. It calls for deepening the comprehensive pilot program for expanding the opening-up of the service industry in Guangzhou and the pilot program for expanding the opening-up of value-added telecommunications services in Shenzhen, supporting Shenzhen in carrying out a new round of comprehensive pilot programs for expanding the opening-up of the service industry, and accelerating the implementation of policies on foreign investment access and operation in the fields of medical care, elderly care, tourism, telecommunications, and culture. It supports the Nansha, Qianhai, and Hengqin Free Trade Zones in expanding the opening-up pilot program in the field of biotechnology, and promotes the pilot programs for wholly foreign-owned hospitals in Guangzhou and Shenzhen. It encourages foreign investors to legally establish for-profit and non-profit elderly care institutions in Guangdong. It also strengthens the construction of universities cooperating with foreign countries and between the mainland and Hong Kong and Macao, as well as schools and classes for children of foreign nationals and Hong Kong and Macao students.Samsung co-CEO: Samsung mobile devices equipped with Google Gemini AI will reach 800 million units this year.January 5th - The overnight SHIBOR was 1.2640%, up 0.60 basis points; the 7-day SHIBOR was 1.4230%, down 0.50 basis points; the 14-day SHIBOR was 1.4570%, down 6.10 basis points; the 1-month SHIBOR was 1.5740%, down 0.50 basis points; and the 3-month SHIBOR was 1.5960%, down 0.20 basis points.

The Ultimate Beginner's Guide to Cryptocurrency

Drake Hampton

Mar 25, 2022 15:09

How Is Cryptocurrency Defined? 

A cryptocurrency is a digital or virtual currency that is protected by encryption, making counterfeiting or double spending practically impossible. Numerous cryptocurrencies are decentralized networks powered by blockchain technology—a distributed ledger maintained by a distributed network of computers. A distinguishing aspect of cryptocurrencies is that they are not issued by any central authority, which supposedly protects them against government influence or manipulation.


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Recognize Cryptocurrencies

Cryptocurrencies are digital or virtual currencies that rely on cryptographic technologies for their security. They enable safe internet transactions without using third-party brokers. The term "crypto" refers to the numerous encryption methods and cryptographic techniques used to protect these entries, including elliptical curve encryption, public-private key pairs, and hashing functions.

 

Cryptocurrencies can be generated through mining or acquired through cryptocurrency exchanges. Not all ecommerce cryptocurrencies accept cryptocurrency payments. Indeed, even popular cryptocurrencies such as Bitcoin are rarely utilized for retail transactions. Cryptocurrencies, on the other hand, have grown in popularity as trading tools as a result of their increasing value. They are also utilized for cross-border transfers to a limited degree.

Blockchain

Blockchain technology is critical to the attractiveness and operation of Bitcoin and other cryptocurrencies. As the term "blockchain" implies, it is simply a collection of linked blocks or an online ledger. Each block comprises a collection of transactions that have been confirmed separately by each network participant. Each new block created must be validated by each node before being confirmed, making forgery of transaction histories very difficult. The online ledger's contents must be agreed upon by the complete network of an individual node, or computer that keeps a copy of the ledger.

 

According to experts, blockchain technology has the potential to benefit a variety of businesses and procedures, including supply chain management and online voting and crowdfunding. Financial organizations such as JPMorgan Chase & Co. (JPM) are experimenting with the use of blockchain technology to reduce transaction costs through payment processing automation.

Cryptocurrency Types

Bitcoin is the most widely used and highly valued cryptocurrency. It was conceived and introduced to the public in 2008 by a mysterious individual named Satoshi Nakamoto via a white paper. Today, the market is flooded with thousands of cryptocurrencies.

 

Each cryptocurrency makes a claim to have a unique purpose and specification. For instance, Ethereum's ether sells itself as gas for the platform's smart contracts. Banks utilize Ripple's XRP to enable cross-border transfers.

 

Bitcoin, which became publicly available in 2009, continues to be the most extensively traded and reported cryptocurrency. As of November 2021, around 18.8 million bitcoins were in circulation, with a market capitalization of over $1.2 trillion. There will never be more than 21 million bitcoins.

 

Following Bitcoin's breakthrough, a slew of other cryptocurrencies, dubbed "altcoins," have been established. Some of them are Bitcoin clones or forks, while others are whole new currencies. There are several of them, including Solana, Litecoin, Ethereum, Cardano, and EOS. By November 2021, the aggregate value of all existing cryptocurrencies had surpassed $2.1 trillion—Bitcoin accounting for around 41% of that amount.

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