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Facebook says farewell to the Oculus Go and goes all-in on 6DOF products

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James is editor in chief of TechForge Media, with a passion for how technologies influence business and several Mobile World Congress events under his belt. James has interviewed a variety of leading figures in his career, from former Mafia boss Michael Franzese, to Steve Wozniak, and Jean Michel Jarre. James can be found tweeting at @James_T_Bourne.

Facebook has announced it is discontinuing the Oculus Go, its least expensive VR headset, to go all-in on Quest as part of the ‘next chapter’ of virtual reality.

An update on the Oculus blog spoke of a ‘fond farewell’ to Go, which will end sales this year, though the devices have been out of stock for some time. The primary reason for its demise, according to the blog, is user demand for more sophisticateed 6DOF (six degrees of freedom) products.

“Just past the one-year anniversary of Quest, we’re humbled by its continued success,” Oculus wrote. “The community response has been overwhelmingly positive, and you’ve told us loud and clear that 6DOF feels like the future of VR. That’s why we’re going all-in, and we won’t be shipping any more 3DOF VR products.”

Oculus Go won’t be bricked entirely, as bug fixes and security patches will continue through 2022. Yet it is Quest which will be seen as the future, a platform ‘where people have confidence in the quality of titles they’re buying and developers know their investments have a strong chance of success’, as Oculus put it. Upon the one year anniversary of Oculus Quest and Rift S in May, the company said more than $100 million had been spent on Quest content.

With this in mind, a further strategic tweak was announced with regard to Quest’s ecosystem. Starting at the beginning of 2021, Oculus said, developers will be able to share their apps without having to be accepted into the Oculus Store. While further details were thin on the ground, the original plan for the Oculus Store meant developers who saw their apps rejected would look to ‘sideload’ the applications through unofficial channels. The announcement of an ‘alternative distribution model’ will look to end this practice.

Facebook also announced the acquisition of Ready at Dawn, the creators of the Lone Echo game, earlier this week. Carrying on the theme of acquiring gaming studios – Beat Games, bought in November last year, springs to mind – Mike Verdu, VP of AR/VR content at Facebook, said ‘the future of groundbreaking content in VR has never looked brighter.’

Interested in hearing industry leaders discuss subjects like this and sharing their use-cases? Attend the co-located IoT Tech ExpoBlockchain ExpoAI & Big Data ExpoCyber Security & Cloud Expo and 5G Expo World Series with upcoming events in Silicon Valley, London and Amsterdam and explore the future of enterprise technology.

Source: https://virtualreality-news.net/news/2020/jun/24/facebook-says-farewell-to-the-oculus-go-and-goes-all-in-on-6dof-products/

Blockchain

BitcoinOrg Hacked: Giveaway Scam Promising Users to Double Their BTC

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Fake cryptocurrency giveaway scams continue to pop up frequently, and the latest victim is the oldest bitcoin educational resource – BitcoinOrg. As of now, though, the website has been taken down, and the pseudonymous developer operating it has blamed it on Cloudflare.

  • Earlier on September 23rd, users on Twitter outlined that the BitcoinOrg website has an untypical and concerning message on its homepage. It urged visitors to send a certain amount of the primary cryptocurrency and to double their investment.
  • Needless to say, this was most surely another scam, which the community has already grown accustomed to. History shows countless such fraudulent activities that involved some of the most well-known names in and outside the space.
  • Perhaps the most blatant recent one was against Twitter, where the accounts of names like Joe Biden, Barack Obama, Jeff Bezos, and more were hacked to promote similar scams that promised people to double their bitcoins.
  • Despite sounding too good to be true, such frauds still manage to dupe funds from victims, which makes them especially dangerous.
  • As of now, BitcoinOrg has been taken down as it shows a 404 Not Found error. The developer behind the website, going by the Twitter handle Cobra, hinted that this security issue might be an issue with the new website security company as BitcoinOrg “hasn’t been hacked, ever” before it moved to Cloudflare.
  • Interestingly, the CEO of Cloudflare, Matthew Prince, told CNBC earlier this month that cryptocurrency-related websites have become a popular target for cybercriminals.
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Source: https://cryptopotato.com/bitcoinorg-hacked-giveaway-scam-promising-users-to-double-their-btc/

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Blockchain

United States Infrastructure Bill Brings Cardano Billionaire to Washington

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Cardano Founder, Charles Hoskinson to Speak at GBA Blockchain & Infrastructure.

Charles Hoskinson, Founder of Cardano and Co-Founder of Ethereum, 

Educates Government Legislators, Regulators, & Administrators

 

The recent debate over the Infrastructure Bill has made two things clear: 

The government will be regulating blockchain activities, but they don’t understand it well enough to do an effective job. For that reason, the Government Blockchain Association (GBA) and our partners are organizing Blockchain & Infrastructure, a two-day educational seminar for government leaders and their staff. The educational content will be delivered to public sector organizations exploring blockchain and cryptocurrency.

 

Mr. Charles Hoskinson of Cardano will be speaking live from Washington, DC, and will also be broadcast to virtual attendees in the Americas, Europe, Asia, Africa, and Australia. This 2-day hybrid experience will be a crash course in blockchain and cryptocurrency training, followed by an evening reception for networking and meeting the speakers, including Charles Hoskinson, Scott Stornetta, and other blockchain pioneers. Live and virtual attendees will also be able to engage with Mr. Hoskinson and other participants through a conference app provided by Qbix.

 

In 2013, Mr. Hoskinson was one of the original founders of Ethereum. A few years later, he spearheaded IOHK (Input Output Hong Kong), whose key project is Cardano. Cardano’s market cap is currently over $69 Billion. IOHK sponsors blockchain technology research labs at the University of Edinburgh and the Tokyo Institute of Technology and is collaborating on a blockchain research project with the University of Wyoming. Mr. Hoskinson will be speaking at Blockchain & Infrastructure and will be networking with conference attendees during the evening reception on September 28 in Washington DC.

 

Source: PlatoData Intelligence

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Blockchain

Bhutan joins hands with Ripple for CBDC pilot

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Ripple is in the news today after it announced a partnership with Bhutan’s central bank – the Royal Monetary Authority (RMA) – for a central bank digital currency (CBDC) pilot.

This development was welcomed by the likes of Yangchen Tshogyel, Deputy Governor of the RMA, who said,

“Our collaboration with Ripple is testament to the potential of CBDCs to provide an alternative and sustainable digital payment instrument in Bhutan.”

According to the San Francisco-based blockchain firm, this will be a natural fit for Bhutan to enhance cross-border digital payments and expand its financial inclusion efforts.

The trial is set to use Ripple’s CBDC Private Ledger. Ripple further explained,

“Ripple’s CBDC solution leverages a private version of the public, open-source XRP Ledger, ensuring greater control over issuance, management, privacy, and validation – more-so than a public blockchain.”

Currently, Bhutan is targeting a sustainable payment solution and is working towards becoming the only carbon-negative country in the world.

Ripple has often claimed that its CBDC solution is carbon-neutral and its consensus protocol is 120,000x more energy-efficient than proof-of-work blockchains. This might be what caught Bhutan’s eye.

The initiative is also part of the Himalayan nation’s goal to increase financial inclusion by 85% by 2023. In fact, data suggests that of the 5.15 lakh adult Bhutanese above the age of 18, around 67% own a bank account in a formal financial institution.

Hence, the collaboration is under the country’s larger initiative of Financial Inclusion National Action Plan (FINAP) 2019-2023

According to reports, the pilot will run under the tentative name of “Digital Nürburgring.” Additionally, the distributed ledger technology will be in addition to Bhutan’s existing payment infrastructure and will improve the country’s retail and cross-border wholesale remittances.

This will reportedly be in alignment with the government’s Electronic Public Expenditure Management System (e-PEMS) to regulate transactions between the government and banking systems. As an extension, the country is looking to harness advantages of tremendous speed, cost efficiency, and innovation in the CBDC pilot.

Ripple CBDC Private Ledger

The US-based company had announced a private XRP ledger as an improved version of its public blockchain in March this year. It claimed to have added interoperability to the existing payments framework in accordance with the Bank of International Settlement’s CBDC requirement.

The solution is expected to facilitate full settlement interoperability for the RMA while maintaining monetary and technological independence.

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Source: https://ambcrypto.com/bhutan-joins-hands-with-ripple-for-cbdc-pilot

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