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Lenovo’s ThinkReality A3 enterprise AR glasses enable data visualization in public

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Over the past several years, augmented reality headsets have struggled with an existential problem — they’re supposed to overlay digital information on reality, but so commonly look awkward that people don’t want to wear them in real public settings. Today, Lenovo is hoping to change that with ThinkReality A3, AR glasses that are compact and light enough to be worn in public venues such as retail and hospitality settings, but can also be used in labs, factories, and offices. While they’re not entirely fashionable, they’re inching closer to “normal.”

Lenovo signaled its work on ThinkReality A3 in November 2019, when it publicly showed AR Concept Glasses that we noted “won’t be confused with sunglasses” due to their larger frames and futuristic styling. By comparison, the final design looks closer to a pair of contemporary prescription glasses, apart from their lenses and nose bridge, which collectively hold three cameras. A3 comes in two versions: an Industrial Edition, designed for fully portable use with Lenovo’s Motorola-branded smartphones, and a PC Edition, compatible with Lenovo ThinkPad laptops and mobile workstations.

ThinkReality A3’s debut is significant for technical decision makers because Lenovo’s enterprise bona fides and established ThinkReality software/services platform offer a “safe” AR adoption solution for businesses of all sizes and types. As contrasted with smaller AR hardware companies, Lenovo produces not only mixed reality headsets but also the computing devices they depend upon for local processing and data, as well as the enterprise-class services that support the hardware. The company has been particularly aggressive in pioneering computers with next-generation technologies, including laptops with foldable screens and 5G networking capabilities.

When used with a PC, ThinkReality A3 enables fairly basic functionality: Office workers, engineers, and other desk-bound business users can access up to five virtual monitors filled with Windows applications. Lenovo expects that the glasses will offer enterprises heightened privacy, expanded productivity, and greater immersion — the latter particularly when used with architectural, engineering, and finance applications built with mixed reality hooks. Enterprise users working from home or in public will also be able to visualize data without unknowingly sharing it with observers.

Tethered to a smartphone, the Industrial Edition will compete against solutions such as Nreal Light and is intended to help enterprises deploy “mixed reality applications and content on a global scale, with global support.” In addition to enabling remote assistance — the display of a video window within the glasses while a remote expert sees what the wearer is seeing — ThinkReality A3 will enable real-time 3D visualization of digital objects for creatives, as well as guided data/imagery workflows for industrial technicians and other field operatives. Mobile AR apps will be backed by the ThinkReality software platform.

ThinkReality A3 works with Motorola smartphones made with Qualcomm Snapdragon 800-series chips and PCs built with Intel or AMD Ryzen processors. The glasses contain their own Snapdragon XR1 chipset, which powers stereoscopic 1080p displays, a central 1080p camera to share live video with remote experts, and a SLAM room-scale tracking system with left- and right-mounted fisheye cameras. They tether to phones or PCs with a USB-C cable and require DisplayPort capability for high-speed sharing of visual content.

Lenovo will begin selling ThinkReality A3 in mid-2021. Pricing details are not yet available.

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Source: https://venturebeat.com/2021/01/10/lenovos-thinkreality-a3-enterprise-ar-glasses-enable-data-visualization-in-public/

Blockchain

Pawtocol CEO Karim Quazzani on New to the Street

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Pawtocol is a global online community of pet lovers who are disrupting the pet industry by leveraging blockchain technology while monetizing data about their pets.

Pawtocol

Data is aggregated from IOT devices like our Blockchain Dog Tag, vets and more. Users maintain full control over the data about their pets

Pawtocol CEI(ETN) CEO Karim Quazzani dicusses the latest developments with Jane King on New to the Street

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ABOUT US
Exploring the Block profiles Blockchain Technologies and Companies. Exploring the Block produces multi-part series following the goals and achievements of the companies we follow and invite our audience to track the growth and challenges these companies face. Each series provides personal look at the company through the eyes of the CEO or company executive as they discuss their goals, roots and products with our experienced team of anchors/journalists to provide our viewing audience with who, what, where, when and why about the companies you want to learn about.

New To The Street profiles public companies, advertises and markets their products and services, and provides business news. New To The Street paves the way to the latest financial issues, offering a blend of business and financial services news reporting and in-depth interviews relating to new products, economic analysis and public company profiles. New to the Street is produced by FMW Media Works Corp.

FMW Media
FMW Media Corp. operates one of the longest-running U.S and International sponsored programming T.V. brands “NewToTheStreet,” and its blockchain show “Exploring The Block.” Since 2009, these brands run shows across major U.S. Television networks. These TV platforms reach over 540 million homes both in US and international markets. Developing 2-additional shows “TheBestinNY” and “The Ultimate Listing0”

Source: https://exploringtheblock.com/pawtocol-ceo-karim-quazzani-on-new-to-the-street/

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Blockchain

Nebraska senator introduces bills to allow state banks to custody crypto

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A Nebraska state senator has proposed new crypto-friendly legislation which could see his state become the next regulatory safe haven for FinTech firms.

Sworn in just two weeks ago, Republican Mike Flood today introduced the Transactions in Digital Assets Act and Adopt the Nebraska Financial Innovation Act to the state’s 107th Legislature.

The two bills lay out guidelines for state banks to be able to custody digital assets in addition to creating financial institutions dealing in digital assets for which Nebraska would provide “charter, operation, supervision, and regulation”. The measures would also give local courts the jurisdiction to hear claims “in both law and equity relating to digital assets.”

The proposed legislation will likely move to committee before a general file in the state legislature, where Republican lawmakers currently outnumber Democrats almost two-to-one, 32 to 17.

The proposed bills also aim to address the problem of major banks in the United States discriminating against businesses and individual customers using crypto.

“The rapid innovation of blockchain and digital ledger technology, including the growing use of virtual currency and other digital assets, has resulted in many blockchain innovators and consumers being unable to access secure and reliable banking services, hampering development of blockchain services and products in the marketplace,” states the second bill.

“Many financial institutions in Nebraska and across the United States [refuse] to provide banking services to blockchain innovators and customers and also [refuse] to accept deposits in United States currency obtained from the sale of virtual currency or other digital assets.”

Flood, who previously served as a member and speaker of the Nebraska Legislature until 2013, said he planned to introduce bills intended to make his district a FinTech hub. In a meeting of the Norfolk Chamber of Commerce’s Governmental Affairs Committee last Wednesday, the state senator described cryptocurrency as a market with “great opportunity” for Nebraska.

“This is the future,” said Flood. “To be on the cutting edge of [crypto], I think, is good for us. We need to be a leader in FinTech. We in Norfolk have as much right to this new market as any other place in America.”

Under the 10th amendment to the U.S. Constitution, state laws can often be independent of, or even contradictory to federal laws. One example of this in the crypto space is exchanges such as Binance U.S. having to go state by state to legally make its services available to U.S. residents.

Last July, the Office of the Comptroller of the Currency announced that federally chartered banks would be allowed to provide custody services for cryptocurrency. Though the measures Flood proposed would not be needed for federally chartered banks in Nebraska, the proposals seemingly attempt to extend this benefit to state-chartered banks.

Source: https://cointelegraph.com/news/nebraska-senator-introduces-bills-to-allow-state-banks-to-custody-crypto

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Some institutional investors taking profit as Bitcoin retraces

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A new report from crypto fund provider CoinShares has indicated that some institutional investors have been realizing profits during BTC’s recent consolidation.

CoinShares’ weekly digital asset flows report identifies $85 million in outflows from institutional crypto products this past week, asserting the data suggests “some investors are continuing to take profits after [BTC’s] strong price appreciation.”

The report noted the rising (trade-weighted) U.S. dollar, stating the USD index “is typically inversely correlated to Bitcoin prices,” and could explain why some investors are taking profits at the current levels.

The firm also identified modest outflows from Ethereum-derived investment products, with $3 million leaving the markets.

Despite the profit-taking, institutional inflows remain strong, with $359 million flooded into crypto investment products this week. Institutions still appear almost single-mindedly focused on BTC, with Bitcoin products representing all but 1% of the week’s total capital flows.

CoinShares notes that crypto inflows have returned to their pre-Christmas levels, following the 97% drop over three weeks seen after the holiday break. Daily volumes are currently up more than 450% year-over-year.

Institutional products currently represent 6% of combined Bitcoin volume — down from 14% at the start of the month.

Much has been lately of the growing institutional appetites for crypto, with major global companies recently filling their treasuries with BTC.

After hosting more than 11 million BTC worth of futures trade in 2020, Chicago Mercantile Exchange announced last month that it plans to launch cash-settled Ethereum futures contracts in early February, pending regulatory approval.

On Jan. 20, Ninepoint Partners filed its final prospectus for a Bitcoin Trust conditionally approved by the Toronto Stock Exchange.

Source: https://cointelegraph.com/news/some-institutional-investors-taking-profit-as-bitcoin-retraces

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