Smart contracts offer the potential to bring greater automation and efficiency to the derivatives market. But can a derivatives contract ever be fully automated? Will smart contracts take the place of paper contracts? ISDA’s Ciarán McGonagle explores the issues.
Joint report on regulatory sandboxes and innovation hubs🌍 Norbert Gehrke
The European Supervisory Authorities (ESAs) published today a joint report on innovation facilitators (regulatory sandboxes and innovation hubs). The report sets out a comparative analysis of the innovation facilitators established to date within the EU. The ESAs also set out best practices for the design and operation of innovation facilitators.
The number of innovation facilitators in the EU has grown rapidly in recent years. As at the date of the report, 21 EU Member States and 3 EEA States have established innovation hubs and 5 EU Member States have regulatory sandboxes in operation. A comparative analysis of these national innovation facilitators is set out in the report and, based on this analysis, a set of best practices has been prepared. The best practices are intended to: (i) promote consistency across the single market in the design and operation of innovation facilitators; (ii) promote transparency of regulatory and supervisory policy outcomes from arising from interactions in the context of innovation facilitators; and (iii) facilitate cooperation between national authorities, including consumer and data protection authorities.
The ESAs also set out options, to be considered in the context of future EU-level work on innovation facilitators, to promote coordination and cooperation between innovation facilitators which would support the scaling-up of FinTech across the single market.
English Version: Japan FSA New Crypto Currency Exchange Registration Form🌍 Norbert Gehrke
This is an automatic translation of the Japan FSA new crypto currency exchange application, generated by taking the original document and converting it with Microsoft Translate. It is not perfect, but for those not fluent in Japanese, should provide enough information to judge on the complexity of the requirements when filing for a new exchange.
Japan FSA 4th Study Group on Virtual Currency Exchanges - Gary Gensler🌍 Norbert Gehrke
The minutes of the 4th "Study Group on Virtual Currency Exchanges", which took place on June 15, 2018, have been published recently. At this meeting, through video call, the participants included:
Joichi Ito, Director of Massachusetts Institute of Technology Media Laboratory
Gary Gensler, previously Chairman of the Commodity Futures Trading Commission (CFTC)
Sagar Sarbhai, Head of Government & Regulatory Relations, APAC & Middle East at Ripple
These are the slides supporting Sagar Sarbhai's presentation
Japan FSA 4th Study Group on Virtual Currency Exchanges - Gary Gensler🌍 Norbert Gehrke
The minutes of the 4th "Study Group on Virtual Currency Exchanges", which took place on June 15, 2018, have been published recently. At this meeting, through video call, the participants included:
Joichi Ito, Director of Massachusetts Institute of Technology Media Laboratory
Gary Gensler, previously Chairman of the Commodity Futures Trading Commission (CFTC)
Sagar Sarbhai, Head of Government & Regulatory Relations, APAC & Middle East at Ripple
These are the slides supporting Gary Gensler's presentation
Advanced Blockchain AG - Shareholder Meeting August 16, 2018🌍 Norbert Gehrke
Advanced Blockchain AG (ABAG) is Germany's first and only publicly listed blockchain company (Duesseldorf stock exchange). During an informal briefing at our annual shareholder meeting, we presented an overview of our offerings and vision for the company.
We have curated this list of Japanese FinTech companies with a relative broad definition of “FinTech” in mind, also with the objective to introduce you to a number of companies that you might not have come across so far (so we have intentionally not included famous ones like bitflyer or Moneytree in this list). If you happen to know a company that starts with “Y”, please do let us know!
Smart contracts offer the potential to bring greater automation and efficiency to the derivatives market. But can a derivatives contract ever be fully automated? Will smart contracts take the place of paper contracts? ISDA’s Ciarán McGonagle explores the issues.
Joint report on regulatory sandboxes and innovation hubs🌍 Norbert Gehrke
The European Supervisory Authorities (ESAs) published today a joint report on innovation facilitators (regulatory sandboxes and innovation hubs). The report sets out a comparative analysis of the innovation facilitators established to date within the EU. The ESAs also set out best practices for the design and operation of innovation facilitators.
The number of innovation facilitators in the EU has grown rapidly in recent years. As at the date of the report, 21 EU Member States and 3 EEA States have established innovation hubs and 5 EU Member States have regulatory sandboxes in operation. A comparative analysis of these national innovation facilitators is set out in the report and, based on this analysis, a set of best practices has been prepared. The best practices are intended to: (i) promote consistency across the single market in the design and operation of innovation facilitators; (ii) promote transparency of regulatory and supervisory policy outcomes from arising from interactions in the context of innovation facilitators; and (iii) facilitate cooperation between national authorities, including consumer and data protection authorities.
The ESAs also set out options, to be considered in the context of future EU-level work on innovation facilitators, to promote coordination and cooperation between innovation facilitators which would support the scaling-up of FinTech across the single market.
English Version: Japan FSA New Crypto Currency Exchange Registration Form🌍 Norbert Gehrke
This is an automatic translation of the Japan FSA new crypto currency exchange application, generated by taking the original document and converting it with Microsoft Translate. It is not perfect, but for those not fluent in Japanese, should provide enough information to judge on the complexity of the requirements when filing for a new exchange.
Japan FSA 4th Study Group on Virtual Currency Exchanges - Gary Gensler🌍 Norbert Gehrke
The minutes of the 4th "Study Group on Virtual Currency Exchanges", which took place on June 15, 2018, have been published recently. At this meeting, through video call, the participants included:
Joichi Ito, Director of Massachusetts Institute of Technology Media Laboratory
Gary Gensler, previously Chairman of the Commodity Futures Trading Commission (CFTC)
Sagar Sarbhai, Head of Government & Regulatory Relations, APAC & Middle East at Ripple
These are the slides supporting Sagar Sarbhai's presentation
Japan FSA 4th Study Group on Virtual Currency Exchanges - Gary Gensler🌍 Norbert Gehrke
The minutes of the 4th "Study Group on Virtual Currency Exchanges", which took place on June 15, 2018, have been published recently. At this meeting, through video call, the participants included:
Joichi Ito, Director of Massachusetts Institute of Technology Media Laboratory
Gary Gensler, previously Chairman of the Commodity Futures Trading Commission (CFTC)
Sagar Sarbhai, Head of Government & Regulatory Relations, APAC & Middle East at Ripple
These are the slides supporting Gary Gensler's presentation
Advanced Blockchain AG - Shareholder Meeting August 16, 2018🌍 Norbert Gehrke
Advanced Blockchain AG (ABAG) is Germany's first and only publicly listed blockchain company (Duesseldorf stock exchange). During an informal briefing at our annual shareholder meeting, we presented an overview of our offerings and vision for the company.
We have curated this list of Japanese FinTech companies with a relative broad definition of “FinTech” in mind, also with the objective to introduce you to a number of companies that you might not have come across so far (so we have intentionally not included famous ones like bitflyer or Moneytree in this list). If you happen to know a company that starts with “Y”, please do let us know!
The New York University (NYU) School of Professional Studies (SPS) in Tokyo is looking for a Director who will lead the recently launched Global Executive Certificates, in addition to other strategic and programmatic goals for Japan.
The New York University (NYU) School of Professional Studies (SPS) in Tokyo is looking for an Assistant Director who will be tasked with supporting the academic offerings of professional development and English-language programs at NYUSPS Tokyo. Responsibilities include, but are not limited to, overseeing course delivery and operations, supporting faculty recruitment and onboarding, facilitating student recruitment and enrollment efforts, and contributing to the daily administration of programs at NYUSPS Tokyo. This position reports directly to the Director, NYUSPS Tokyo.
This is he Hyperledger deck that Brian Behlendorf presented at the meetup in Tokyo, it has many useful links to other Hyperledger resources for you to explore.
The 20 largest OECD countries have a combined public pension deficit of $78 Trillion. Many large corporate pension schemes are likewise significantly underfunded.
With over 44% of men and 55% of women now expected to live into their 90s, many consumers will outlive their private savings by 5 years and some by at least 10 years.
Current retirement income products such as life annuities are unpopular due to low returns mostly caused by the high costs charged by Insurers, which act as centralized “guarantors".
We propose a solution to the costly central guarantor problem by using our patent pending peer-to-peer tontine pensions administered by an unbiased, mathematically robust smart-actuary which ensures that the pension is ALWAYS fully funded. And because tontine pensions provide lifetime income without requiring a guarantor, they significantly reduce the cost of providing pension benefits and thus significantly increase the income paid out to retirees.
Tontines are a 365-year-old financial innovation which successfully financed many European
countries and states as well as numerous private projects such as roads, bridges and hotels. They make periodic payouts shared among their members for as long as they live. In later years, as the number of surviving members declines, the payout per-member rises, often dramatically.
Tontines were first offered in the US in 1868 by insurance companies and they were wildly successful. Over 50% of households invested the modern equivalent of $170Bn before Insurer malpractice caused sales to halt after a 1906 investigation revealing improper uses of capital as well as tampering with the ledger of members which undermined trust in the whole process.
In the century long absence of the tontines, retirement savings rates have plummeted.
2009 saw the emergence of distributed ledger technologies for immutable financial record-keeping which creates a new form of pseudonymous trust between users based upon math.
As such, consumers can now safely and collectively self-insure the financial risks of living longer by entering into secure, low-cost peer-to-peer tontines.
This paper proposes a fully regulated peer-to-peer tontine issuing ecosystem which can offer:
• greater financial benefits payouts to the hundreds of millions of global consumers spending ~$350BN per year on retirement income solutions,
• a digital currency which incentivizes IFAs and RIAs to take no-load tontines to their clients, and
• an un-biased, self-correcting, autonomous smart-actuary which can be trusted to ensure the tontine pension is ALWAYS fully funded and always acts in the best interest of the members.
Slides leveraged from EOS London Developers' Meetup a few days earlier. David Packham argues that EOS is one of the most promising third-generation blockchain/distributed ledger technologies yet to hit the market. With the release scheduled for mid-year, we would like to create some awareness about the project in Japan, and also discuss one of the many ecosystem projects that are being proposed on top of EOS, Chintai as a platform for token leasing.
Kevin is an IOTA Evangelist, going "beyond blockchain" for the Internet of Things (IoT). IOTA's Tangle does not have blocks, mining or fees, and is quantum computing resistant.
IOTA - Tokyo Meetup #2 - nakamo.to and peaq - 2017-12-14🌍 Norbert Gehrke
Michael Geike, CEO of Advanced Blockchain AG, and Robert A. Küfner, CEO of nakamo.to, at tonight's #IOTA - Tokyo and Tokyo FinTech Meetup joint session
A New York businessman accused of defrauding investors in connection with two initial coin offerings (ICOs) last month by the U.S. Securities and Exchange Commission has been arrested.
In a statement, the U.S. Attorney’s Office Eastern District of New York said that Maksim Zaslavskiy had been arrested Nov. 1 and charged with securities fraud conspiracy tied to two token sales, one of which was marketed as being backed by real estate assets, and the other by diamonds. A complaint, originally filed on Oct. 27, was also unsealed.
セル生産方式におけるロボットの活用には様々な問題があるが,その一つとして 3 体以上の物体の組み立てが挙げられる.一般に,複数物体を同時に組み立てる際は,対象の部品をそれぞれロボットアームまたは治具でそれぞれ独立に保持することで組み立てを遂行すると考えられる.ただし,この方法ではロボットアームや治具を部品数と同じ数だけ必要とし,部品数が多いほどコスト面や設置スペースの関係で無駄が多くなる.この課題に対して音𣷓らは組み立て対象物に働く接触力等の解析により,治具等で固定されていない対象物が組み立て作業中に運動しにくい状態となる条件を求めた.すなわち,環境中の非把持対象物のロバスト性を考慮して,組み立て作業条件を検討している.本研究ではこの方策に基づいて,複数物体の組み立て作業を単腕マニピュレータで実行することを目的とする.このとき,対象物のロバスト性を考慮することで,仮組状態の複数物体を同時に扱う手法を提案する.作業対象としてパイプジョイントの組み立てを挙げ,簡易な道具を用いることで単腕マニピュレータで複数物体を同時に把持できることを示す.さらに,作業成功率の向上のために RGB-D カメラを用いた物体の位置検出に基づくロボット制御及び動作計画を実装する.
This paper discusses assembly operations using a single manipulator and a parallel gripper to simultaneously
grasp multiple objects and hold the group of temporarily assembled objects. Multiple robots and jigs generally operate
assembly tasks by constraining the target objects mechanically or geometrically to prevent them from moving. It is
necessary to analyze the physical interaction between the objects for such constraints to achieve the tasks with a single
gripper. In this paper, we focus on assembling pipe joints as an example and discuss constraining the motion of the
objects. Our demonstration shows that a simple tool can facilitate holding multiple objects with a single gripper.
【DLゼミ】XFeat: Accelerated Features for Lightweight Image Matchingharmonylab
公開URL:https://arxiv.org/pdf/2404.19174
出典:Guilherme Potje, Felipe Cadar, Andre Araujo, Renato Martins, Erickson R. ascimento: XFeat: Accelerated Features for Lightweight Image Matching, Proceedings of the 2024 IEEE/CVF Conference on Computer Vision and Pattern Recognition (CVPR) (2023)
概要:リソース効率に優れた特徴点マッチングのための軽量なアーキテクチャ「XFeat(Accelerated Features)」を提案します。手法は、局所的な特徴点の検出、抽出、マッチングのための畳み込みニューラルネットワークの基本的な設計を再検討します。特に、リソースが限られたデバイス向けに迅速かつ堅牢なアルゴリズムが必要とされるため、解像度を可能な限り高く保ちながら、ネットワークのチャネル数を制限します。さらに、スパース下でのマッチングを選択できる設計となっており、ナビゲーションやARなどのアプリケーションに適しています。XFeatは、高速かつ同等以上の精度を実現し、一般的なラップトップのCPU上でリアルタイムで動作します。
The New York University (NYU) School of Professional Studies (SPS) in Tokyo is looking for a Director who will lead the recently launched Global Executive Certificates, in addition to other strategic and programmatic goals for Japan.
The New York University (NYU) School of Professional Studies (SPS) in Tokyo is looking for an Assistant Director who will be tasked with supporting the academic offerings of professional development and English-language programs at NYUSPS Tokyo. Responsibilities include, but are not limited to, overseeing course delivery and operations, supporting faculty recruitment and onboarding, facilitating student recruitment and enrollment efforts, and contributing to the daily administration of programs at NYUSPS Tokyo. This position reports directly to the Director, NYUSPS Tokyo.
This is he Hyperledger deck that Brian Behlendorf presented at the meetup in Tokyo, it has many useful links to other Hyperledger resources for you to explore.
The 20 largest OECD countries have a combined public pension deficit of $78 Trillion. Many large corporate pension schemes are likewise significantly underfunded.
With over 44% of men and 55% of women now expected to live into their 90s, many consumers will outlive their private savings by 5 years and some by at least 10 years.
Current retirement income products such as life annuities are unpopular due to low returns mostly caused by the high costs charged by Insurers, which act as centralized “guarantors".
We propose a solution to the costly central guarantor problem by using our patent pending peer-to-peer tontine pensions administered by an unbiased, mathematically robust smart-actuary which ensures that the pension is ALWAYS fully funded. And because tontine pensions provide lifetime income without requiring a guarantor, they significantly reduce the cost of providing pension benefits and thus significantly increase the income paid out to retirees.
Tontines are a 365-year-old financial innovation which successfully financed many European
countries and states as well as numerous private projects such as roads, bridges and hotels. They make periodic payouts shared among their members for as long as they live. In later years, as the number of surviving members declines, the payout per-member rises, often dramatically.
Tontines were first offered in the US in 1868 by insurance companies and they were wildly successful. Over 50% of households invested the modern equivalent of $170Bn before Insurer malpractice caused sales to halt after a 1906 investigation revealing improper uses of capital as well as tampering with the ledger of members which undermined trust in the whole process.
In the century long absence of the tontines, retirement savings rates have plummeted.
2009 saw the emergence of distributed ledger technologies for immutable financial record-keeping which creates a new form of pseudonymous trust between users based upon math.
As such, consumers can now safely and collectively self-insure the financial risks of living longer by entering into secure, low-cost peer-to-peer tontines.
This paper proposes a fully regulated peer-to-peer tontine issuing ecosystem which can offer:
• greater financial benefits payouts to the hundreds of millions of global consumers spending ~$350BN per year on retirement income solutions,
• a digital currency which incentivizes IFAs and RIAs to take no-load tontines to their clients, and
• an un-biased, self-correcting, autonomous smart-actuary which can be trusted to ensure the tontine pension is ALWAYS fully funded and always acts in the best interest of the members.
Slides leveraged from EOS London Developers' Meetup a few days earlier. David Packham argues that EOS is one of the most promising third-generation blockchain/distributed ledger technologies yet to hit the market. With the release scheduled for mid-year, we would like to create some awareness about the project in Japan, and also discuss one of the many ecosystem projects that are being proposed on top of EOS, Chintai as a platform for token leasing.
Kevin is an IOTA Evangelist, going "beyond blockchain" for the Internet of Things (IoT). IOTA's Tangle does not have blocks, mining or fees, and is quantum computing resistant.
IOTA - Tokyo Meetup #2 - nakamo.to and peaq - 2017-12-14🌍 Norbert Gehrke
Michael Geike, CEO of Advanced Blockchain AG, and Robert A. Küfner, CEO of nakamo.to, at tonight's #IOTA - Tokyo and Tokyo FinTech Meetup joint session
A New York businessman accused of defrauding investors in connection with two initial coin offerings (ICOs) last month by the U.S. Securities and Exchange Commission has been arrested.
In a statement, the U.S. Attorney’s Office Eastern District of New York said that Maksim Zaslavskiy had been arrested Nov. 1 and charged with securities fraud conspiracy tied to two token sales, one of which was marketed as being backed by real estate assets, and the other by diamonds. A complaint, originally filed on Oct. 27, was also unsealed.
セル生産方式におけるロボットの活用には様々な問題があるが,その一つとして 3 体以上の物体の組み立てが挙げられる.一般に,複数物体を同時に組み立てる際は,対象の部品をそれぞれロボットアームまたは治具でそれぞれ独立に保持することで組み立てを遂行すると考えられる.ただし,この方法ではロボットアームや治具を部品数と同じ数だけ必要とし,部品数が多いほどコスト面や設置スペースの関係で無駄が多くなる.この課題に対して音𣷓らは組み立て対象物に働く接触力等の解析により,治具等で固定されていない対象物が組み立て作業中に運動しにくい状態となる条件を求めた.すなわち,環境中の非把持対象物のロバスト性を考慮して,組み立て作業条件を検討している.本研究ではこの方策に基づいて,複数物体の組み立て作業を単腕マニピュレータで実行することを目的とする.このとき,対象物のロバスト性を考慮することで,仮組状態の複数物体を同時に扱う手法を提案する.作業対象としてパイプジョイントの組み立てを挙げ,簡易な道具を用いることで単腕マニピュレータで複数物体を同時に把持できることを示す.さらに,作業成功率の向上のために RGB-D カメラを用いた物体の位置検出に基づくロボット制御及び動作計画を実装する.
This paper discusses assembly operations using a single manipulator and a parallel gripper to simultaneously
grasp multiple objects and hold the group of temporarily assembled objects. Multiple robots and jigs generally operate
assembly tasks by constraining the target objects mechanically or geometrically to prevent them from moving. It is
necessary to analyze the physical interaction between the objects for such constraints to achieve the tasks with a single
gripper. In this paper, we focus on assembling pipe joints as an example and discuss constraining the motion of the
objects. Our demonstration shows that a simple tool can facilitate holding multiple objects with a single gripper.
【DLゼミ】XFeat: Accelerated Features for Lightweight Image Matchingharmonylab
公開URL:https://arxiv.org/pdf/2404.19174
出典:Guilherme Potje, Felipe Cadar, Andre Araujo, Renato Martins, Erickson R. ascimento: XFeat: Accelerated Features for Lightweight Image Matching, Proceedings of the 2024 IEEE/CVF Conference on Computer Vision and Pattern Recognition (CVPR) (2023)
概要:リソース効率に優れた特徴点マッチングのための軽量なアーキテクチャ「XFeat(Accelerated Features)」を提案します。手法は、局所的な特徴点の検出、抽出、マッチングのための畳み込みニューラルネットワークの基本的な設計を再検討します。特に、リソースが限られたデバイス向けに迅速かつ堅牢なアルゴリズムが必要とされるため、解像度を可能な限り高く保ちながら、ネットワークのチャネル数を制限します。さらに、スパース下でのマッチングを選択できる設計となっており、ナビゲーションやARなどのアプリケーションに適しています。XFeatは、高速かつ同等以上の精度を実現し、一般的なラップトップのCPU上でリアルタイムで動作します。