Bitcoin falls victim to Galbraith’s “beezle” For those of us who have resisted the urge to invest any financial or intellectual capital in bitcoins, the collapse of Mt. Gox, the largest trading platform for investors in the virtual currency, can be observed with detachment, and even amusement. But some, perhaps many, “owners” of bitcoins aren’t so lucky. The old-school cash—dollars and euros and yen—that they swapped for a string of digits appears, at first glance, to have been lost. Kolin Burgess, a British bitcoin investor who spent much of Tuesday protesting outside of Mt. Gox’s abandoned office, in Tokyo, told … Continue reading Is Mt. Gox shut down the end of Bitcoin?
Augmented reality could help amputees with phantom limb pain An augmented-reality racing game has given a 72-year-old amputee relief from phantom limb pain for the first time since 1965, Wired UK reports. The man was prone to waking up in the middle of the night in terrible pain due to the dissonance caused by his brain trying to control a limb that was no longer there, feeling as if his lost fist were constantly clenched tightly. But after six weeks of therapy with augmented reality, he now feels as if his phantom hand is relaxed and open. The method is … Continue reading Gaming with a phantom arm
The digital workplace 2014: Plight and promise of today’s employees While it’s typically the latest cutting-edge technologies like 3D printers and wearable tech that gets the most attention and buzz these days, it’s actually the newer IT workhorses of the enterprise that get the job done. Video conferencing, unified communications, and smart mobile devices, while not nearly as exciting as the newest advances, have steadily revamped our workplaces recently and given us much better tools to stay connected with our co-workers and customers. Even enterprise social media is finally seeing widespread adoption and meaningful usage in many workplaces. It’s no … Continue reading How the digital revolution is changing our workplaces
Q&A: A documentarian working in virtual reality Oscar-nominated documentarian Danfung Dennis believes the next evolution in filmmaking will be to surround viewers with images in 360 degrees — directly on their noggins. Dennis, whose gripping 2012 film “Hell and Back Again” told of a soldier’s battle with post-traumatic stress disorder, is creating his next film project especially for the Oculus Rift, a virtual reality headset still in development. The device provides wearers with an immersive, wrap-around view that doesn’t make them queasy. So far, the prototype technology has mostly been tinkered with by video game developers and is a year … Continue reading Filmmaking in virtual reality
Technology Unlocks “Economies Of Unscale” For Small Businesses It’s been an exhilarating time for small business owners. Twenty years ago, they lacked the tools to expand outside of their niche markets. Today, the Internet opens a flourishing global market of consumers ready and willing to engage with businesses of any size. As Patrick Collison, co-founder of Stripe, once told me, the company’s largest customers may not even exist today. Anyone can turn a living room idea into the next Fortune 500 company. Yet for all of the Internet’s opportunity, small business owners have never felt more overwhelmed. The demands placed … Continue reading How digital technologies may help small firms
K-Glass: Extremely low-powered, high-performance head-mounted display embedding an augmented reality chip Walking around the streets searching for a place to eat will be no hassle when a head-mounted display (HMD) becomes affordable and ubiquitous. Researchers at the Korea Advanced Institute of Science and Technology (KAIST) developed K-Glass, a wearable, hands-free HMD that enables users to find restaurants while checking out their menus. If the user of K-Glass walks up to a restaurant and looks at the name of the restaurant, today’s menu and a 3D image of food pop up. The Glass can even show the number of tables available … Continue reading K-Glasses process information automatically
Google announces Project Tango, a smartphone that can map the world around it Google has built a prototype Android smartphone that can learn and map the world around it. The device comes from a new initiative called Project Tango, and it’s ready to get the phone into developers’ hands to see what the technology is capable of. Google says that the phone will learn the dimension of rooms and spaces just by being moved around inside of them — walking around your bedroom, for example, would help the phone learn the shape of your home. The hope is that by … Continue reading A virtual map of your surroundings