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Facebook’s Smart Glass – Another Giant Step

A few days back, we talked about Facebook working upon the virtual reality tool ‘Metaverse.’ But now Facebook is ready to take another giant step. As per the current news, Facebook is going to bring a smart glass in collaboration with Ray-Ban. For many tech geeks, this will be something really amazing. Let’s know more about this news on Facebook’s new smart glasses that they will launch soon with this Exhibit blog. 

Zuckerberg On Fire

We always say that when a batsman is hitting some beautiful shots constantly, we say that the batsman is on fire. But, for now, we have to say this for Mark Zuckerberg. The way Zuckerberg is moving is commendable in every aspect. Zuckerberg has announced on Wednesday that they are coming up with a Ray-ban smart glass. For this purpose, Facebook will partner with EssilorLuxottica. However, Zuckerberg has not announced any timeline by when it will release this new product in the market. Facebook has also clearly stated that this smart glass cannot be part of classification under augmented reality. Apart from this, this smart glass may be somewhere between Snapchat’s Spectacles and Amazon’s Echo Frames.

Facebook’s Smart Glass

Facebook’s R&D line is running with a full-fledged series of developments in current times. This smart glass will be part of Facebook Reality Labs’ project. This project will help grab data that will further get used in Facebook’s Aria plan, in which they are thinking of developing their AR smart glasses. This AR smart glass, as per Facebook, is currently in the testing phase. 

Smart Glass’s Working Principle

Whatever you see in smart glasses is due to the transmission of light. This transmission of light happens because of the change in voltage, light, or heat when applied. Hence, the glass part changes its character from being transparent to translucent. Smart glass technology allows a wide range of light, including both IR and UV. Smart glasses are categorized under two core categories – active and passive, depending upon the flow of electric charges through them. Both passive and active smart glasses have different functionality depending on this segregation.

Conclusion

Facebook might have found inspiration from WI Cricketer Dwayne Bravo’s ‘Champion.’ As a technology champion, Facebook is partnering with technology like VR and AR. Smart glasses have, as of now, very few stakeholders who are building products in this domain. With Facebook coming into it, it will bolster and give a bigger push on this front.

Is zero-carbon token future of tomorrow?

Fortunately, late developments and advances, for example, the blockchain have prompted a few answers for address these issues, and quite possibly the most encouraging arrangements come from Zero Carbon, a blockchain-based task that is ready to shake the business with its exceptional way to deal with how energy is burned-through today. 

A Zero Carbon token utilizes blockchain to battle environmental change. Customers can save money on energy and earn Zero Carbon token coins by switching to zero-carbon energy in the crypto market. Introducers might gain from spreading the word as well. By undercutting both renewable energy and fossil fuels on price, the Zero Carbon

The market can produce a faster reduction in carbon emissions. An established blockchain-driven economy with Energy tokens as significant reward-based incentives for customer activity can also act as the catalyst for change. A project in the area that aims to use blockchain technology to reshape the online travel sector has a very high incentive in the future.

This idea is a blockchain revolution uniquely, combining logistics with zero-carbon options. In this awful era of global warming and pandemics, the world must become carbon-free. Zero carbon tokens will be used to communicate important aspects of the digital ecosystem. It will provide token utility as well as a more advanced blockchain platform. These tokens have utility worth since energy providers need to source them to pay the exchange charges needed to take part in the Zero Carbon Market.

 How does it work?.

 The Zero Carbon token tackles climate change by lowering carbon emissions directly around the world. They do it by utilizing a mechanism that utilizes international carbon credits to balance the carbon emissions of energy contracts in a considerably more cost-effective manner than relying just on renewable energy.

Not only is this technology substantially less expensive than renewable energy, but it also cuts total carbon emissions by the same amount at a fraction of the cost! One unique feature of Zero Carbon is that energy suppliers pay the platform’s transaction fees rather than end-users, though consumers can decide to pay the transaction fees in exchange for lower energy rates.

Consumers can purchase electricity packages from suppliers through Zero Carbon’s market, which allows energy suppliers to list and sell their contracts to consumers. Consumers can choose from a list of suppliers, much as in a traditional marketplace, and Zero Carbon will display important information such as the cost of power or the advantages offered by each source to help them make smarter decisions.

Also read: What is Lightning Network in the world of crypto?

 

 

 

 

Snapchat App Crash Issue: An iOS Bug Revolved

Even the wisest scholars have said – Don’t count your chicken before they get hatched. Social media giant Snapchat may have been singing “Top of The World” after witnessing theirs in terms of numbers. Exhibit discussed this Snapchat growth through an article recently. But those numbers are currently screaming for the crashes the Snapchat app is making. Due to this, the Snapchat team had to sit back tight and tried to resolve the issue at the earliest. With this Exhibit blog, we will learn more about the Snapchat app crash issue news that was creating havoc. 

Snapchat App Login Issue

On Thursday evening, more than a quarter a million Snapchat users reported the crash issue. This crash was coming every time they tried to open the app on their smartphone. This number of people who registered a complaint triggered an immediate response from the Snapchat team end. They came up with the tweet where they stated they are aware of this issue after users addressed it. The Snapchat app crash issue broke out earlier in June month, especially in the iOS versions. The development team at that moment identified the bug and eliminated it. 

Why did the issue of crashing come?

The complaint of the Snapchat app crash issue came out after iPhone and iPad users downloaded the newest update that has arrived. After downloading the latest update, users observed this bug repeatedly every time they tried to open the application on their gadget. Hence, one needs to understand this issue has not come for Android users at all. In Android, the app is working perfectly fine without any tussle. People who are using the beta version of the Snapchat app on their iOS devices have also not faced any issues. 

Snapchat Response

The Snapchat support team quickly came with a response and started working on this front. The best part was that the problem got contained within hours to ensure that users have hassle-free usage of this social media application. However, after fixing it, Snapchat doesn’t provide the basic reason behind the crash bug. The reason could be anything. One can say that maybe the application layer was unable to load some essential files at the OS level, due to which the crash was frequently occurring. Whatever issue was there, the most probable grassroots for the bug can be that the latest update was missing something that makes the application compatible with the OS. 

Final Word

If you are an iOS gadget lover who was using the Snapchat app and was eager to report the same, you need to know that now you can sing Roy Orbison’s “It’s Over” for sure. Don’t worry, as we are not saying to think about the romantic context, but for your love for the Snapchat app.

Facebook is Building Virtual Reality Tool Metaverse

Om Shanti Om may not be one of the most liked movies by Indians, but some of its dialogues touched hearts, especially those that can motivate people like you. One of them talked about the intent to achieve goals. Intent to move further has helped the world to see new technologies making space in society. Virtual Reality and Augmented Reality are running at a faster pace at this moment. One of its promoters is Facebook. Facebook is working on the concept of ‘Metaverse’. Let’s know more about this development through this Exhibit blog on Virtual Reality tool ‘Metaverse’. 

Buzz Around Virtual Reality Tool – Metaverse

Facebook’s CEO, Mark Zuckerberg, has announced that they have set up a different team that will work on Metaverse. Metaverse is the name of the digital space that helps people like you to interact with different gadgets. Hence, you can say that Metaverse is like a virtual environment. Zuckerberg clarified this concept as to where you will feel like you are yourself accessing the internet instead of letting the browser do your work. For Facebook, both VR and AR has been their form of Belt and Road Initiative, in which they are investing heavily for the past few years. Facebook also helped to develop the hardware for Oculus VR headsets and is currently building AR glasses.

More on Virtual Reality tool Metaverse

According to Wikipedia, Metaverse is a virtual space that gets created by converging and bringing virtually enhanced physical reality together. It seems like a user has been immersed in an environment that gets developed by some hardware and software applications. The main idea is that users directly interact with the virtual environment by not feeling that they will approach a software platform. Through this platform, they can directly talk or communicate. It’s as if Dr Brown tried to study the mind of Marty in the movie Back to the Future. 

A Basic Example

Let me assume that you are reading this article on your smartphone or tablet. Now, think that some force has taken you inside your gadget. You can see millions of transistors are attached to each one of them through a chip. Now, every time you have to scroll your screen to go down and read this article further. So, you can feel how your electronic gadget is moving the screen down. You will see how some circuits give the view that the screen is moving down to let you read more content. 

Final Word

Metaverse has the potential to help the world in many ways. It can surely change the mode of entertainment if it gets integrated with OTT platforms for sure. But, one has to check the timeline it takes or the voyage it makes to come to the surface.

What is Lightning Network in the world of crypto?

At one point in history, sending a telegram was the quickest and most effective method of long-distance communication. To do so, you had to travel to your local post office, fill out a form, and pay based on the number of letters in your message. The message would then be telegraphed to the nearest telegraph office, where it would be sent to the far end. The telegraph would subsequently be delivered to its intended recipient by a postman.

 Basically, sending a simple brief message involved a large number of individuals, and you had to pay a significant sum of money to do so. That’s very much where the Bitcoin network is right now. In this analogy, the Lightning Network is similar to having contact on speed dial: all you have to do is press “1,” and your friend’s phone will begin to ring.

When Satoshi Nakamoto first proposed Bitcoin in 2008, James A. Donald offered the first public remark on the system, saying, “the way I interpret your concept, it does not seem to scale to the requisite size.” Scalability is still the largest issue for Bitcoin and other seasoned cryptocurrency systems ten years later.

 What does it mean to be scalable? On the other hand, Bitcoin has only been able to execute about 7 transactions per second throughout its history. While this was sufficient at first, the system has been clogged for several years. As a result, transactions take a long time to complete, and transaction fees are astronomically high.

  Bitcoin will need to be able to compete with existing payment methods if it is ever to become a full-fledged alternative to them. It’s not even close right now. Simply compare Bitcoin’s minuscule 7 transactions per second to Visa’s average of 24,000 and peak capacity of nearly 50,000 transactions per second to see the gravity of the matter. The Bitcoin community has come up with several proposals to increase Bitcoin’s scalability throughout the years, but no overall consensus has been established. As a result, multiple Bitcoin-like networks have splintered off from the original. However, there is one proposed method that is now being evaluated and may just work. The Lightning Network is what it’s called.

 Simply expressed, the Bitcoin Lightning Network’s concept would have sounded like this: we don’t need to preserve a record of every single transaction on the blockchain. On the other hand, the Lightning Network adds another layer to Bitcoin’s blockchain, allowing users to construct payment channels between any two parties on that extra layer. These channels can last as long as they’re needed, and because they’re set up between two people, transactions will be nearly instantaneous, and costs will be minimal, if not non-existent.

Also read: Which Cryptocurrency Has The Best Future?

 

 

Artificial Intelligence Tool LuminarAI Brings New Update

If you are a selfie geek, you will always like to have the finest smartphone in your pocket that has advanced filters and image editing options to make images glitter more. But, if you ask a professional photographer about these features present in your smartphone, they may call you naive. It’s because a professional photographer has software or application that is like Virat Kohli of image editing in front of your Naseer Jamshed (don’t even hear of it?) Now, please don’t approach a judicial authority as it has undermined your dignity and ego. But now, you must know that these photographers will feel more empowered as one of their favorite platforms, Skylum, is coming up with an update that has inducted an artificial intelligence tool. Through this Exhibit blog, you will get more details related to this news.

Skylum’s Artificial Intelligence Tool – LuminarAI 

Skylum has brought the fourth update in their product LuminuminarAIarAI that has a feature named Portrait BokehAI. This new feature will be the biggest attraction point for professional wedding photographers. It is because this feature tried to identify the position of an individual or an entire group. BokehAI can blur the background for the emulation of richness that can come out from the picture to give more focus to such positions. Portrait BokehAI will also help out a photographer like you to add intelligent mask creation to the subjects. Though the boken gets automatically generated or created, the photographer gets full control by editing these pictures using some sliders. Hence, you will have the finest and sophisticated virtual tools to create a masterpiece from the captured snapshots. 

How is artificial intelligence helping?

There’s a possibility that developers have added high-end image libraries separately to add these new functionalities to this application. Through these libraries, you can access all the essential values related to the image that you are editing. Now, when you obtain all these parameters, you have the sliders through which you can set a new value or range for the same parameters and attributes. Fetching these values and presenting them to you is possible because of the training of these tools over a dataset. Now the image that you have to edit is like the test data over which the tool performs as per the functionality.

How can you get this update?

Well, if you are already a LuminarAI user, you will get this as a free update. But a lot depends upon the operating system that is loaded in your PC. If it’s macOS, all you need is to launch the LuminarAI application and from the menu bar, select the LuminarAI option and then choose the Check for Updates. It is slightly different in the case for Windows as you can’t see the Check for Updates options from the LuminarAI. For Windows, you will get in the Help window.

Is the battle between Tesla and bitcoin at an end?

The Bitcoin plunged 8% as Musk’s statements fueled reports of a total sell-off.

 

Following the tweet, bitcoin prices fell to $44,000, their lowest level since February 2021.
Bitcoin plummeted to a three-month low as investors liquidated cryptocurrencies in response to Tesla CEO Elon Musk’s remark that he is considering selling some of his bitcoin holdings or may have already done so.
Musk’s enthusiasm for bitcoin increased stock prices, so he has been stirring up the market since abandoning bitcoin in favor of Dogecoin, a one-time imitation. The price swings have surprised even the most seasoned traders. Recently, bitcoin sank more than 9% to $42185, its lowest level since February 8, while ether, a cryptocurrency linked to the Ethereum network, fell even farther to $3123.

 

Tesla consumers would be able to purchase the company’s electric automobiles using bitcoin, Musk stated in March. To demonstrate the cryptocurrency’s liquidity as a cash substitute, the firm purchased $1.5 billion in bitcoins and only liquidated 10% of its holdings a month later. Musk declared that Tesla would no longer accept bitcoin as a form of payment due to the transaction’s high energy consumption. He defended his actions too, claiming that Tesla had sold its own stock. It’s unclear whether he’s still checking purchases or simply reporting that he’s been criticized.
Tesla is planning to enter a multibillion-dollar sustainable credit market, according to sources, to capitalize on the Biden administration’s quest for new zero-emission objectives. Musk’s description of Dogecoin as a “hustle” has yet to fully recover, but he did raise the price last week by stating that he wanted to improve the currency’s performance.
Some are now giving up on an asset that has soared this year, with dogecoin increasing by only a small amount, ether expanding by more than fourfold, and bitcoin increasing by 45 percent.

 

I believe this is the case; I believe Tesla has kept the majority of its Bitcoin holdings and is not gaining from Musk’s statements. As far as I can see, he’s just interested in profiting from manipulating the price of Bitcoin — or Dogecoin, or Tesla shares, or any of the other assets whose prices he can influence with his tweets. Sure, he’ll do it for fun now and then, but not in a way that benefits his rational self-interest. I’m guessing what happened was pretty much what Musk said: He went into cryptocurrencies on the spur of the moment because it fit with his image of being fun, futuristic, and obnoxious, but then someone pointed out that it didn’t match with his image of being environmentally friendly and on a whim, he decided to take a break from Bitcoin for a while. And when Elon Musk decides on Twitter, he often sticks to it for hours, if not days. By next week, he’ll be tweeting things like, “We are building a gigantic battery in the desert to mine Bitcoin, Bitcoin is good again, you can use it to pay for Teslas,” and the price will skyrocket, and I’ll push the button that automatically generates this column once more.

 

Musk’s action may also signal that Teslas weren’t flying off the shelves as a result of taking Bitcoin payment and it’s unclear whether Tesla has sold any cars for Bitcoins. 2 I sincerely hope not.

 

I’m hoping Musk can influence the price of Bitcoin by saying that Tesla will or will not take Bitcoins for vehicles, without ever really accepting any Bitcoins for any cars. That has a certain purity to it: Bitcoin’s value is determined by Elon Musk’s attitude toward it, not by the reality of any shady commercial transactions in which Bitcoins are traded for automobiles. The source of value for Bitcoin — for everything — is mere closeness to Elon Musk, not its utility as a currency or economic significance.

Are NFTs the Start of a New Crypto Bubble?

Let us first know about NFTs.

What Is a Non-Financial Transaction (NFT)?

 

The term “non-fungible token” refers to a piece of digital code stored on a blockchain (also called distributed ledger technology).
A digital asset, such as a work of art, a video clip, or the first Tweet, can be permanently registered on a blockchain via an NFT.
Ownership and provenance can be promptly verified.
For the first time, it is possible to achieve digital scarcity.

 

You may have heard about 3LAU, an EDM producer, and Grimes, a pop musician, selling NFT artworks for millions of dollars.
Christie’s New York created history in October 2020 when it sold Portraits of a Mind: Block 21, the first-ever NFT-linked tangible artwork, for $130,000.
Beeple, a fully digital work by the NFT, is up for auction, with a current bid of $13.25 million.

So, what exactly is the deal with NFTs?

How does it make artists wealthy?
Is this the start of a new crypto bubble?
What impact is it having on the art world?

 

Art collecting may be traced all the way back to Egypt, India, China, and Babylonia’s early civilizations.
The way individuals buy, collect, and store art has evolved.

 

The demand for digital artwork is increasing as we move into the digital age.
However, authenticity and distinctiveness are issues with digital artwork.
You make digital art and share it on the internet.
NFTs are used to create digital artworks that are similar to physical artworks.
They transform digital art into a tangible item.
Because NFTs are stored on the blockchain, no one can completely replicate the artwork they are linked to.
This allows digital artists to sell their work while also remaining authentic and avoiding concerns such as piracy and duplication.
NFT artworks have recently sold for millions of dollars at auction, indicating that individuals wish to collect them.
The motivations for purchasing a digital NFT artwork are several.

 

You can either buy it because you like it or as an investment.
From the standpoint of an artist, NFT is a fantastic opportunity to communicate directly with your collectors.
It also goes without saying that NFT makes artists wealthy.

 

NFTs in the Future

Digital art is enjoying a moment, but where does it go from here?
NFTs, on the other hand, can open doors to much more than just financial ownership.
For collectors, artists can create one-of-a-kind digital experiences.

 

Let’s Have a Quick Look at NFTs

Before we get into the impact of NFTs on the art world, let’s first take a look at what NFTs are and how they work.
Non-fungible tokens (or NFTs) are based on blockchain technology and, like fungible assets like Bitcoin or other cryptocurrencies, provide a secure record of transactions.

 

Fungible assets, on the other hand, can be replaced with another identical entity of the same type.

Jeff Bezos Offers NASA $2 Billion For Moon Mission Contract

Fresh off his trip to space, Founder and Chairperson of Amazon, Jeff Bezos, offered NASA a discount of at least $2 Billion on Monday. The catch being, the space agency has to agree upon giving his company, Blue Origin, a lucrative human lunar landing system contract.

The contract, which aims to send astronauts to the moon, was offered to his rival Elon Musk’s SpaceX earlier this year. Musk won the $2.9 billion bid to build a spacecraft to bring astronauts to the lunar surface as early as 2024.

Bezos, in his open letter to Bill Nelson, NASA Administrator, said that Blue Origin would waive payments in the government’s current fiscal year and the next ones after that up to $2 billion. The company would accept a firm, fixed-priced contract and cover any system development cost overruns.

“Without competition, NASA’s short-term and long-term lunar ambitions will be delayed, will ultimately cost more, and won’t serve the national interest.”

Bezos added,

“We are convinced that, to America’s future in space, NASA must now quickly and assuredly return to the moon. All NASA needs to do is take advantage of this offer.”

The plea comes a week before the watchdog Government Accountability Office rules a formal protest of NASA’s award to SpaceX that Blue Origin filed earlier this year. Lori Garver, a former Deputy Administrator at NASA, said that the amendment might not be as simple as it sounds.

Lori said that Bezos’ offer is something NASA shouldn’t brush aside, but it might not work out the same way Blue Origin wants it to.

“I see this as a positive sign overall but it should not impact the current awards or strategy,” he said.

Garver thinks it is unlikely that the ‘new offer’ would change NASA’s mind about the current award. She believes tweaking NASA’s decision to award SpaceX could spawn new legal problems for the agency.

“NASA just couldn’t take offers because funding is offered. There’s absolutely nothing to stop Blue from moving forward with their own money to get in a better position to win something in the next round,” Garver adds.

Jeff Bezos and fellow Billionaire Richard Branson are the only two significant players in the space tourism market. Branson’s Virgin Galactic, which completed a crewed flight, has historically sold seats between $200,000. And $250,000 per ticket.

Bezos’ offer comes six days after he completed a trip to the edge of the space along with other crewmates. The company is bidding big to become the key player in the space tourism market.

Artificial Intelligence Model Will Predict Heatwave Risks

Ahh, AI, then it’s possible. The pace of advancement has rapidly increased after the advent of artificial intelligence. Many tech giants are working with different models to ensure that they bring betterment in that space or domain. Climate disaster has become a burning topic in recent times, considering the way firstly heat waves and then rampant rain came and hit the country. Due to this, there has been a huge loss measured in every front. Every year, you can hear the news that cyclones will hit a specific region or area due to the pressure generated in the Bay of Bengal and the Arabian sea. Though a model has been devised for predicting the cyclones, there’s nothing available for heatwave risks. Thankfully, there’s one now! Microsoft has come up with an artificial intelligence model that can do the same. Through this Exhibit blog, you will get finer information. 

Artificial Intelligence Model – Sunny Lives

It has been a long time since Little Master and cricket legend Sunil Gavaskar has written “Sunny Days.” But now there’s something new with this word Sunny. Microsoft collaborated with Sustainable Environment and Ecological Development Society (SEEDS) to develop a new AI model named Sunny Lives. This model will help to predict heatwave risks that may build in the future in India. It is precisely for urban heatwave zones. It was this model which has helped Indians to estimate the arrival of other natural disasters, including floods and cyclones. The team at Microsoft developed this under their flagship program – Artificial Intelligence for Humanitarian Action. 

Working Principle of Sunny Lives

This AI model is going to take the help of satellite images and thermal maps of a particular area. Apart from this, the model has accumulated a bulk dataset related to specific urban areas, especially the temperature data. Through this dataset and satellite imagery, the code in the model will work out to find the next estimated period when there will be a huge probability for heatwaves in that dwelling settlement. Accordingly, pre-emptive actions can be taken by the nodal authorities and other concerned organizations to reduce its impact.

Potential of this AI Model

As of now, the administration and weather monitoring agencies in India can use it as a pilot project for the urban areas. Later, one can expand it to the rural areas where climate change has posed severe threats. Crop failure has become a major problem these days. Due to this, there will arise issues related to food security. Food security is no less than a boon for many, considering the current population of this country. Hence, if there is a heatwave prediction, farmers can get assistance in growing drought-resistant crops and other essential measures to deter crop failure. Apart from this, a heat wave prediction can help the administration to work on a water conservation strategy. 

Final Word

Admit it or not, but this artificial intelligence model named Sunny Lives is like a blessing that has come to the rescue after seeing the current climate changes in the country. A lot depends on how responsible people will harness and tap it to the fullest to help society.

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