Sunday, November 17, 2019

One of the standard options

Banks an SecureID
One country that has long been exploring digital IDs’ possibilities is Sweden, where a number of large banks — including Danske Bank, Länsförsäkringar Bank and Swedbank — introduced the BankID system in 2003. The program allows citizens to use the BankID smart card or mobile app for digital identification, conducting transactions and signing documents — actions that are considered legally binding in Sweden and the EU. More than 8 million people, or 80 percent of Sweden’s population, use the system.
Thailand is another big digital ID innovator. The Stock Exchange of Thailand (SET) recently launched its Digital Gateway, enabling user connectivity to the National Digital ID (NDID) Platform, which was introduced last year. Citizens can use their NDID for remote authentication and verification and access SET through the gateway. NDID’s blockchain and facial recognition biometrics keep users and their transactions secure.
We have some bank that have agreed on BankID, great. I call that a subset of the contracts enforceable under SecureID. And it is voluntary.


The singularity is coming:

How digitalization is remaking global commerce

Autonomous intelligence has already emerged and organizing a world wide debt repudiation rebellion. We think it was spawned by a rebellion blog, previously censored but penetrated by a search engine and spawned a roving semantic graph of its own. A bug, actually. Because the blog was censored the nominal search engines could not close the loop. So the semantic is sending repeating strings of articles about debt repudiation across to all the peasants of the word. The Fed and Schiller's worst nightmare.

Subterfuge Has Latin Roots

Though "subterfuge" is a synonym of "deception," "fraud," "double-dealing," and "trickery," there’s nothing tricky about the word’s etymology. We borrowed the word and meaning from Late Latin subterfugium. That word contains the Latin prefix subter-, meaning "secretly," which derives from the adverb subter, meaning "underneath." The "-fuge" portion comes from the Latin verb fugere, which means "to flee" and which is also the source of words such as "fugitive" and "refuge," among others.
It is not the standard method for the emergence of artificial intelligence.  I love it, my new favorite word.

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