The blockchain is a distributed ledger technology that underlies cryptocurrencies like Bitcoin. It provides a way to record and transfer data that is transparent, safe, audible and resistant to outages. The blockchain has the ability to make the organizations that use it transparent, democratic, efficient, secure and decentralized.
The blockchain will disrupt many industries in the next 5 to 10 years. These are some of the industries it’s already disrupting.
1 – Banking
The most obvious industry thats being changed is the banking industry. There is a theory that the blockchain will do what the internet has done media. Blockchain technology can be used to give billions of people around the world access to financial services. Currencies like Bitcoin let anyone send money with low fees and pretty much instantly. Banks are investing in blockchain projects and start ups too.
2 – Cyber Security
Although the blockchain is public, the data is encrypted. The data has to be verified and encrypted with advanced cryptography. This means the data can’t be meddled with if you don’t have authorization. There have been loads of attempted hacks already.
3 – Supply Chain management
Blockchain technology can greatly reduce time delays and human errors too. It’s also great when used to monitor costs, labor, waste, and emissions at every point of the supply chain.
4 – Networking
Having your data on a centralized server would be extremely vulnerable to hacks, data loss or human error. However, if you had technology that lets cloud storage to be more secure and robust against attacks then you would be doing good. Good thing we’ve got blockchain technology then isn’t it! Check out Storj,
5 – Private Transport
The blockchain can allow users to arrange the terms and conditions for transportation in a secure way without third parties knowing.
6 – Music
The music industry has taken a big hit in the recent years. There are so many cuts and commissions involved in the music industry that when the artist receives their share they’re getting the crumbs. There are server start-ups appearing that are coming up with new ideas so musicians get paid directly from their fans. Just now musicians have to give up a large chunk of their sales to platforms or record companies.
Smart contracts can also be used, this will make licensing issues easier to solve and will help catalog songs with their original creators easier too.
7 – Real Estate
Blockchain technology can speed up transactions by reducing the paper based record keeping you see in today’s real estate market. This is also much safer, can help with tracking, ensures the accuracy of documents, helps verify the ownership and makes transferring property deeds much much easier too. Overall blockchain technology will revolutionize the Real Estate market.
Less developed countries will most likely pick this up first but I’d say in the next 10 years or so it will become the standard. This will reduce legal, accounting and transaction cost too and most of all reduce fraud.
Blockchain technology is in its early stages and there are a lot of potential legal problems that can arise. Until industries have a solid grasp on the new technologies and practicies its best to keep yourself in the loop by talking to an expert like Goodwin Law.
Stop-motion animation is an art! Humans have been making clay figures for a long time and filming them one frame at a time has been around since the start of the cinema. One of my favourite producers – Laika have definitely mastered the art of stop motion.
They have created figures with more than 20,000 heads and figures that were so huge(18 foot) that to lift one of its boney fingers required a lot of planning.
Replacement animation basically means they use different facial expressions to create a model that has more emotions. The more models they have the more emotion and control they have over the character. Animators fabricate hundreds of heads as an example so they can make the character smile, look angry etc etc This can end up with hundreds of different models. Now traditional stop motion is done by using clay and moulds which u can imagine takes a LOT of time and human error is always possible.
However Laika always take it to the next level. They made over 20,000 heads for Coraline, 52,000 for the Box Trolls and for Kubo and the Two Strings they created more than 22 million expressions. Now they wouldn’t of been able to do all this without the use of 3d Printing. Laika are getting more used to using 3d printers so they can create 22 million facial expressions with beautiful translucent colours. They achieved this by bringing in a team of external programmers to help with the job.
The team for Kubo and the Two strings mastered the art of rapid prototyping and 3d printing for smaller stop motion puppets. They didn’t think they would be able to manage it for their 18 foot Giant Skeleton though.. until they found a company that could print high density foam into any form!
Stop motion filming is mental anyways – imagine creating an entire film one frame at a time. The patience you need for something like this is on a whole different level.
A few properties in my street have installed dummy alarm boxes or dummy cameras as there has been a rise in break ins recently. Its too soon to tell if they’re proving to be worth it but I am considering getting one so I’ve looked into the facts and reviews online and heres my thoughts.
Dummy cameras and alarms are actually really cheap and can be picked up at your local homeware store usually. A report from Axa Business Insurance says only 9% of rental properties that have been burgled had alarms installed and 26% had external locks on doors and windows.
Other than these reports it is really hard to see how effective fake cameras and alarms are. A number of reformed burglars reveal their tricks of the trade to help police and heres a report i found of one. “We always want to be in and out as quickly as possible and ALWAYS try avoid confrontation. So we avoid properties with alarms and CCTV as it just causes extra hassle” This would obviously suggest that visible CCTV or Alarms is a good thing.
However your insurance providers seem to think that skilled burglars can spot the fakes easily. Adding a real alarm can actually bring your insurance premium now if it is monitored.
Heres a tip for people moving into a new area and looking into their insurance. If your insurer insists on having an alarm on their home insurance policy then there is definitely a reason behind it. Usually this means they’ve experienced a high number of burglaries in your area.
Personally I’m getting the real ones – I don’t want to pretend i feel safe, whereas knowing I’ve definetely got the cameras and got the alarm will just make me feel more secure. I don’t want to risk everything on whether or not the burglar knows what their doing or not.