Antiwar Measures From NDAA
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News Date: August 5, 2020
The House version of the 2020 National Defense Authorization Act (NDAA) set aside an irresponsibly large amount of money for military spending, but it also added some antiwar amendments and other very basic limitations. The House and Senate versions have now been reconciled into a final bill, and materially all of the limitations that the House voted on and approved.
Source:www.activistpost.com
Stellar reveals Financial Inclusion report
Stellar Development Foundation (SDF) released a whitepaper discussing the role of blockchain technology in facilitating financial inclusion.The whitepaper underscores the significance of financial services access for global financial inclusion, particularly in developing economies.
Despite advancements in digital payments, cash remains prevalent in emerging economies. Many unbanked adults still receive government and private-sector payments in cash, impacting financial inclusion.
It emphasizes digital payments as a pivotal entry point to formal economic participation. Despite the persistence of cash usage, transitioning to digital payments can encourage broader use of financial services.
The paper delves into the hurdles of cross-border payments and highlights blockchain's potential to address these challenges. It showcases blockchain's role in enabling secure, cost-effective transactions.
Additionally, it presents various applications of blockchain, such as facilitating cash-to-digital asset conversions, safeguarding against currency devaluation, and supporting humanitarian aid distribution.
While recognizing blockchain's promise for financial inclusion, the document emphasizes the necessity of balancing innovation with consumer protection, privacy, and financial education to ensure the creation of inclusive and secure financial systems.
Full report: stellar.org
WH is launching Quantum Information Science official website
White House is launching http://quantum.gov, the official website of the National Quantum Initiative and Quantum Information Science.Quantum Information Science (QIS) emerges from a deeper consideration of how quantum physics (our description of the world at the microscopic level) has implications for information science.
The National Quantum Initiative Act (NQI Act) was signed into law by President Trump on December 21, 2018 to accelerate quantum research and development for the economic and national security of the United States.
Sources:www.quantum.gov
Triangular spacecraft patent
A spacecraft having a triangular hull with vertical electrostatic line charges on each corner that produce a horizontal electric field parallel to the sides of the hull. This field, interacting with a plane wave emitted by antennas on the side of the hull, generates a force per volume combining both lift and propulsion.Source:google.com/patent/US20060145019A1
Digital ruble in cooperation with the UAE
The Bank of Russia, led by First Deputy Governor Olga Skorobogatova, is collaborating with the UAE regulator to establish a cutting-edge system for fast payments and settlements.This initiative, announced at the Finopolis forum, aims to utilize the digital ruble to streamline financial transactions for both individuals and businesses.
The partnership signifies a commitment to financial innovation and positions these institutions at the forefront of the evolving digital landscape.
The digital ruble is expected to enhance transaction efficiency, fostering financial inclusivity and exemplifying a proactive approach to the future of finance.
"We will work out the fast payment system because the colleagues are ready with the digital ruble and we are ready.
If we solve the issue of client identification, then I think we will be able to build up a normal system of payments for citizens and the business between the two our countries in a year at the least," she stated.
Turkey seeks to become full SCO member
Turkey's Erdogan targets joining Shanghai Cooperation Organization, media reports say.'Now our next process will be steps towards this end. This is our goal,'
he said in reply to a journalist's question whether Turkey was considering the possibility of becoming a member of the SCO.
Source: reuters.com