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Digital Cash Settlement using Blockchain

Several of the world’s largest banks are in the process of investing around $50 million to create a digital cash system using blockchain technology to settle financial transactions. They aim to develop a system to make clearing and settlement in financial markets more efficient. The new system called Finality could launch in 2020. Blockchain, which first emerged as the software underpinning the cryptocurrency bitcoin, is a shared ledger of transactions maintained by a network of computers. https://www.reuters.com/article/us-banks-blockchain-exclusive/exclusive-banks-to-invest-around-50-million-in-digital-cash-settlement-project-sources-idUSKCN1SM2U0?

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Carbon Sequestering Seed Inoculation

SoilCQuest have an amazing seed technology which can sequester atmospheric carbon dioxide. This has the added benefit of improving soil health by increasing soil carbon levels which in turn promotes plant growth. This unique technology was discovered by examining the traits of plants that thrived in harsh environments. Find out more here https://www.soilcquest.org.au/

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A way to combat opioid abuse

Over almost two decades, Dr. O’Neil has implanted a device he invented, containing the drug naltrexone, into thousands of people who have traveled to his nonprofit clinic called Fresh Start in Perth, Australia. Dr O’Neil has pioneered the use of opiate antagonists in Australia for opiate addiction. https://www.nytimes.com/2019/06/06/world/australia/opiate-opioid-treatment-naltrexone.html

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Converting brain signals into speech voted top idea at Ashurst Boardroom Lunch

Three ideas from IdeaSpies were presented by Jack Digby Lawyer at the Ashurst June 2019 Boardroom Lunch addressed by David Thodey AO. The idea receiving the most votes from directors was to convert brain signals into speech. This idea now goes to the final at the December Boardroom Lunch to select the top idea for the year. https://www.ideaspies.com/brain-decoder-that-turns-brain-signals-into-speech/.

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Microbiome test provides insights into microorganisms living in your gut

Microba Insight™ is the most comprehensive gut microbiome analysis available in Australia, providing a personalised report of the microorganisms living in your gut microbiome. The detailed report provides a picture of species present, and explains the potential of the gut microbiome to perform different functions. There are also whole food suggestions to encourage the growth of beneficial bacteria and a complementary 15-minute consultation with a microbiome coach who can help explain the report and suggest next steps in improving overall health and wellbeing. https://bit.ly/313hFM9

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A machine that makes coffee to order

Briggo has created a fully automated, robotic brewing machine that can produce 100 cups of coffee in an hour — equaling the output of three to four baristas. Using a blend of Latin American beans, the machine — known as a “coffee haus” — creates cups of gourmet coffee that can be ordered via an app, giving you control over ingredients. www.washingtonpost.com/technology/2019/03/22/baristas-beware-robot-that-makes-gourmet-cups-coffee-has-arrived/

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The importance of trustworthy reputations to increase even further

Samsung’s AI center in Moscow has released a new algorithm capable of creating fake talking-head videos with just a few images of a person’s face. Hollywood has been creating fake videos for decades via special effects so this type of technology could be seen as merely democratizing special effects. Look for its use to increase in news as well as in entertainment. Importantly, as trust in video as a source of truth declines, the importance of a trustworthy reputation should increase. Seen in Abundance Insider. https://www.digitaltrends.com/cool-tech/samsung-ai-deepfake-videos/

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A breath biopsy to detect cancer early

A breath biopsy to detect cancer early

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A faster and more sustainable way to extract rare earths

A team of Chinese scientists has developed a new process that could ignificantly reduce the time needed to extract rare earths from ore, and it could also cut industry pollution. Extracting the trace metal elements is difficult and takes days to complete, but researchers have found a way to shorten the process to minutes. The 17 trace metal elements in rare earths are critical to the manufacture of nearly all hi-tech products, from semiconductors to smartphones and stealth fighter jets. https://www.scmp.com/news/china/science/article/3012641/chinese-scientists-find-faster-way-extract-rare-earths-may-also

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Lung Cancer Detection AI Outperforms Human Radiologists

In partnership with Northwestern Medicine, Google researchers created an AI system that detects lung cancer from CT scans better than well-trained humans. The model was trained using more than 42,000 CT scans taken from 15,000 patients during the National Institutes of Health (NIH) study conducted in 2002. Compared to six expert radiologists, when analyzing these CT scans, the model proved to detect cancer five percent more often, with an eleven percent reduction in false positives. https://venturebeat.com/2019/05/20/googles-lung-cancer-detection-ai-outperforms-6-human-radiologists/

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