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Emilio Billi: Solving the Most Challenging Problems

Emilio Billi’s journey started back in 1996 when he was a nuclear engineering student and became passionate about AI and computer-assisted calculus. He specialized in mathematics and devoted himself to the study of supercomputers. At that point of time, Emilio realized that computer power was essential to exploit AI and make it a reality. He felt that just as a human brain possesses an enormous amount of computing power, which is higher than most supercomputers, it was essential to arrive at a computing power that at least came close at a reasonable price to that of a brain to operate the AI systems. So, he started studying how to transform commercial computers into real supercomputers at a very reasonable price and within reach of many. Emilio eventually developed faster hardware computing engines and interconnection systems, which can connect thousands of processors extremely efficiently. At this point of time, he designed very low latency communication protocols. Emilio was also involved in creating the HyperTransport bus, which all AMD processors later used; then, in 2012, it was used by Cray, one of the first supercomputers manufacturers in the world. Driven by the obtained results, Emilio conceived several variants that are still being used in modern processors today.

The Inception Story

Later in 2012, with Antonella Rubico, Emilio Co-founded San Jose-based A3Cube Inc. to transform ordinary servers into extraordinary supercomputers. With his tremendous industry experience, Emilio designed his supercomputers while also dedicating himself to developing increasingly complex algorithms for artificial vision in the industrial field and accelerating access to data in large distributed systems. Along with his company, A3Cube, Emilio created hardware database accelerators like Hadoop and Spark for market forecasting, predictive machine, early diagnostics, etc.

Two years ago, Emilio got a great idea and leveraged his tremendous experience in peripheral interconnect technologies; he designed GRIFO, a supercomputer the size of a rack cabinet with the computing power of a large data center dedicated to data analysis and AI.

“We are living in a historical and technological moment where knowledge will make the difference between being a protagonist or a mere follower, and I want to continue to be a pioneer and protagonist in new technological challenges”

“GRIFO, which today is my real workhorse, has the power of 3 million traditional servers when used for data analysis and the power of many thousands of ordinary computers when used for artificial intelligence while being compatible with standard software on the market.”- says Emilio. “This achievement has been so exciting that it has given me new energy: it is an incredible idea that has opened the door to collaborations with the Department of Defense, large industrial groups, and top-tier companies worldwide.”

Under his leadership, A3Cube is revolutionizing the marketplace for high-performance data analysis and overcoming the challenges of scalable data center architecture and technologies. Before founding the organization, Emilio used to run his own firm for a decade and developed HIDRA personal supercomputer and software suite, the first practical and commercialized compact professional personal supercomputer.

A Different Organization

Emilio feels that A3Cube is a unique company in many ways. It successfully looked beyond the financial and Venture Capitalist trends; it always wanted to play where others had no interest. “I love my job, I love challenges, and I love speed because, for me, computing power is speed. It’s like human intelligence: the smarter you are, the faster you think, the more things you can do, the more successful you can be, and the more problems you can solve.”– he explained.

He has realized that the market also agrees with A3Cube’s vision, and everyone is slowly moving in its direction. With its groundbreaking products, A3Cube is still at the forefront of technology, growing its revenue quickly. As a leading technology tailor, the firm can produce unique systems for solving problems that are nearly impossible for other firms.

A Moment of Reflection

Emilio feels that Covid has been a moment of reflection for him and his company, a reflection on the way of doing business and, at the same time, an opportunity to renew the way of thinking about business and business organizations.

“Today, we can concretely think of a liquid company where it is no longer the physical place that makes the company itself, but the ideas, values, and people are the real wealth. We have been accustomed to thinking that profit is the only purpose of work; today, I think you have to give more than you get paid, thinking of work as a way to improve yourself by improving the lives of others.”– states Emilio.

He feels that in this way, one can end up with much more than he/she would have gotten by only chasing profits. However, to do that, one needs to create relationships with customers and listen to and help them solve problems like partners or associates.

Gearing up for the Future

As the leader of A3Cube, Emilio wants his company to become the new leader in applications of extreme complexity and a problem solver in the AI space, starting right from neural vision, to the application of general AI, to evolutionary AI.

The 10 Most Innovative Business Leaders to Follow in 2022.

Scientists grow plants in soil from the Moon.

There is a big success from the end of the scientists; they are now will be able to get the plants that were grown from the end of the soil that was taken from the Moon, and the scientists have marked this one as their biggest success as they are being able to grow some plants from the plants that have grown from the soil of the Moon and it will also prove the people so that they will be able to get the soil that should be taken care of.

The plants have also shown growing genetic signs that can also be taken care of. As a result, it has also become a very successful soil plantation that can be taken care of. The study has taken place for almost 50 years with the astronauts who have taken some moon rock samples to the earth that were taken, and the scientists have grown the plants and the flowers that can be taken. The lunar oil from the end of the three Apollo missions can be taken care of for the first time.

Every of the moon soil plants will be grown slowly and relatively in a very poor way. The samples that have been taken first, people can also be able to see that the lunar samples can be very more exposed to many things. With the help of genetic analysis, scientists will be able to grow the most beautiful plants, and it has also become a very bad thing for the people who are searching for the soil that can be taken care of. With the help of the necessary analytics, plants can be gathered, and this has become a concern for most people. But, the poor growth program can also be rechecked by NASA which should be taken care of, and in this situation, they have also taken more than one step to return back some astronauts to the Moon again so that they will be able to get media support. This is also going to be a very necessary thing that should be taken care of. As a result, the importance of the analysis has also increasingly grown-up. The resupply of the growth has also been taken care of, and they will grow the plants, and it should be taken care of also. The astronauts have also said that they will take care of the plants that should be grown.

Also, these plants can have some potential uses in purifying the air and removing carbon dioxide can be taken care of. In order to produce clear water, this is another thing that also can be taken care of.

The plant and the growth of the payment should be reached again, and other factors that are causing this serious tithing will also be checked in every situation. As a result, it has become a very necessary step that should be taken care of.

This is also going to be a very important step that should be taken care of. So, this is a very important step that should be calculated and checked thoroughly. The researchers can also take help from the soil research as well as analysis by the help of which people will be able to get the most effective responses. The plant was made in the whole thing in the lab, and people could also take help from the end of the plantations. So, these are the things that should be taken care of in any situation.

However, this has become one of the most effective things that are related to science and Westland Greenhouse Solutions.

Nancy Grace Roman Will be Launching on a Falcon Heavy Rocket

The nancy grace roman is now going to be launched with the help of the Falcon Heavy rocket. According to the company, this is going to be the “Mother of Hubble”, and it will also take place in space, and it will also address the deepest mysteries that are taking place in the Universe. In their new mission, they will now start the capturing process related to capturing images. As a result, the rocket will capture the cosmos, refining images as well as Hubble Constant. This is going to be the next generation partner for the heavy rocket launching and dark energy evaluation process. The rocket will take help from the next generation measurements process by the help of which the detailing of the dark matter and the dark energy will take place. With its help of it, the images will be taken over 200 times, and the surveying power, as well as the predecessor of it, will also get the detailing. The new launch is now going to be a unique idea for NASA.

On the 19th of July, NASA announced that they are now going to launch space X, and the launch services will also provide the rocket that will also be helpful for the people to get the rocket launching facility. The launch services in the NLS II will take place in October 2026, and if the whole process gets late, the launch process can also take place in May 2027. With the help of the heavy rocket transporting process, the whole launching process takes place, and with the help of it, the launch of complex 39A will take place. From the end of NASA’s Kennedy Space Center to orbit, the whole matter will be taken place, and this is going to be one of the most effective launches that can also get quantity launch. According to it, the quantity contract will take place, and other mission-related costs will also take place, and it will also help them to get effective results. The project costs almost $255 million, and it will almost cover all of the mission-related costs. This is also going to be one of the most interactive processes that are taking place. From the very beginning, this one can also start the journey, which will be one of the most interactive journeys toward the sky.

The Next Big cryptocurrency to explode in 2022: A Detailed Study

Although cryptocurrency may have started as the maverick-dominated Wild West of investments, it is now firmly rooted in the financial industry.

If you need proof of how volatile, take into account: As of August 2, the price of one bitcoin has fluctuated over the preceding year from a very low of $17,708 to an all-time high of $68,789.63.

Despite this volatility, most bitcoin investors continue to watch for the next big payday. Learn more about the cryptocurrencies that might take off by reading this. You should carefully choose your cryptocurrency trading platform

Which Digital Currency will Take Off?

If You are searching to begin purchasing cryptocurrency, you could be wondering which one will bring the most significant potential return. Though bitcoin could be an obvious selection, this is not essentially the best one in 2022. Your chances of enormous payoff could also be better with the smaller coin, which institutional investors like this bitcoin have not already pumped up.

The following are some crucial cryptocurrencies .

Ethereum (ETH)

The ether supply was decreased as part of Ethereum’s significant upgrade from the previous year; as of August 2, there were 121.8 million coins available. As a result of the upgrade, the Ethereum network can now handle more transactions per second, it is now more scalable, and transaction fees are now less.

Unlike bitcoin, which has a supply cap of 21 million units and is not as popular with businesses and governments, Ethereum is less rare. It acts as the basis for the creation of applications. The foundation of decentralized finance is Ethereum, from which other cryptocurrencies are created.

Binance Coin (BNB)

Similar to bitcoin, the Binance coin has a hard cap on the total amount of tokens that can be in circulation, in this instance, 165,337,261 out of 200,000,000 tokens. This contributed to the token price rising rapidly in 2021. A percent of Binance’s quarterly revenues are also used to permanently destroy or “burn” BNB tokens, increasing the value of the remaining tokens.

To ensure the platform’s longevity and widespread use, Binance is allegedly attempting to make it more regulator-friendly.

Tether (USDT)

Tether is less volatile than cryptocurrencies like bitcoin and ether since its worth typically equates to one dollar, with “usually” serving as the essential word.

Decentraland

On an Ethereum blockchain, the virtual reality game known as the Decentraland utilizes the MANA token as the in-game money. Users can make and monetize their content, buy goods and services, land, and visit other gamers. At $0.96 as of August 2, MANA’s price is around 60 percent higher than its 52-week low of $0.6018 and 84 percent lower than its 52-week high of $5.90.

Algorand

Numerous companies utilise it, according to Securities.io, and El Salvador declared last year that Algorand would be used to develop its blockchain infrastructure. A $500 million fund was just recently established by the venture capital firm Borderless Capital to invest in digital assets that support decentralized apps on Algorand, according to Blockworks. The Sovereign digital currency, which is one that the central bank issues, also makes use of Algorand. This recently became a recognised blockchain by the Association Football International Federation.

The “proof-of-stake” algorithm of ALGO, which uses less electricity than Bitcoin and other stages while delivering high security & scalability, is one of its primary features. The significance of this functionality will only increase as cryptocurrency is increasingly criticized for its high energy use and may even be subject to regulation.

RenderToken (RNDR)

A network for generating graphics called RenderToken enables miners with additional GPU bandwidth to distribute it to creative studios and artists who require more processing power. The native token used by miners and creators on the Render Network is called RNDR.

Lastly,

Understanding why so many investors are drawn to cryptocurrencies in the first place is helpful before determining which cryptocurrency might be the next big winner. According to an experienced person, chief investment officer of Arca, the financial services company which focuses on digital assets, the noticeable portion has to do with the fundamental shift in how these digital assets are noticed.

What are the things that should be known to a beginner in bitcoin?

Bitcoin is the first-ever dispersed global digital coin. Among other things, this is wholly computerized and does not exist in its physical form. The actual price of Bitcoin is generally determined by some free market, subject to supply & demand.

This relies on open-source & also peer-to-peer software & cryptography. Known as the blockchain, this high technology is also entirely transparent and immutable. Any changes to this quickly can happen following this majority consensus. A consensus algorithm in which the blockchain of the power bitcoin is known as the proof of work.

This cryptocurrency can also be stored in digital addresses and quickly spread throughout the internet. To make this more accessible to more secure keep for daily users, there are maximum digital wallet givers, every person with a dedicated address of this where you can quickly get the BTC.

As mentioned, Bitcoin is based on open-source technology, & maximum developers have also contributed & continued performing on a protocol regularly.

The underlying technology is a particular kind of digital ledger. Since this is digital money, you do not own this physically, such as cash. You can own this through the actual means of the private key. A private key also enables a person to utilize Bitcoin, so be sure you can store the actual private key in a secure place. In short, you can own this Bitcoin in the actual form of possessing the set of some unique keys.

What are the eligibility criteria to register for a Bitcoin account?

It also brings many advantages, and perhaps the essential ones are accessibility & the censorship-resistance.

You can quickly notice that banks make policies, & clients have to oblige. If they fail, banks have the authority to shut down the accounts. They also can reverse/freeze the transactions. This cannot happen with Bitcoin – there is no central authority.

In particular terms of accessibility- every individual in this world with access to the internet can quickly obtain, store, send & transact with Bitcoin & open a Bitcoin account. And sending a considerable amount of the BTC is a huge quicker & cheaper them sending the fiat currency through national transfers ( bank).

What is all about bitcoin mining? How is this being made?

This is known as Bitcoin mining, which has the protocol’s beating heart.

Miners validate & verify transactions, put those into the blocks, & add those to a public ledger. For their work of them, they can get the block reward & the mining cost. Until then, every person can easily verify how much BTC the specific miners get.

Interestingly, it also carried a message, referring to an article published in The Times.

The very first Bitcoin was mined back on January 3rd, 2009. And known as the Genesis block, block number 0 had the actual reward of fifty BTC for miners.

What’s the miners’ compensation?

There are two kinds of rewards miners easily earn: the cost for validating transactions and the 2nd one is the reward for successfully adding the trendy block to a public ledger.

To add the block, a miner must solve the cryptographic issue, & the first one to do so gets a so-called block reward. It is the fixed number of some particular BTC. At the specific time of writing, each block easily carries the reward of 6.25 BTC.

How can a person buy Bitcoin?

The simplest & most straightforward method to purchase this Bitcoin is online through a trustworthy exchange or the Bitcoin ATM. The leading cryptocurrency exchange by actual means of volume and the utilizers is bitcoin, & every individual can purchase bitcoin with a credit card.

How and where should Bitcoin be kept?

Just as daily coins are stored in the wallet, Bitcoins are easily stored in the dedicated digital wallet. Everyone has a public digital address of this where coins can be gotten.

The address is a string of numbers & some English letters – about thirty characters long. There is no cost to make the wallet, and there is no limit on how many wallets you can get.

Lastly,

In the previous years of this Bitcoin, the personal computer with the daily GPU also could make enough electricity to the mine BTC. But, competition has also grown tremendously since then, & this is large companies that scale their operations & also invest millions into the equipment known as mining.

Ultimate Guide Opensea NFT Marketplace For Sale and BUY

NFT or Non-Fungible Tokens are gaining popularity among artists and art lovers, digital creators, and others all over the world. It allows people to sell digital items such as music, art, pictures, and so much more. These days NFTs are a way to protect and monetize people’s original work and allow collectors to buy them.

What is OpenSea?

‘OpenSea‘ is one of the most popular peer-to-peer marketplaces to buy and sell on a verifiable infrastructure powered by blockchain technology.

openSea is the largest NFT marketplace with over $3.5 billion worth of Ethereum-based NFT trades as recorded in August last year alone. It has posted $20 million worth of NFT trading volume for the entire of 2020.

Cryptocurrency: After determining your preferred crypto, you will have to put that currency in your Ethereum wallet. After linking your banking details, purchase your desired amount of cryptocurrency. Your funds may take a week or more than that for you to process.

Now,

go to the Connect Wallet tab in the Menu
Select the type of wallet you are connecting to opensea
It will prompt open a digital sign-in page to confirm that you want to connect your wallet to your opensea marketplace
Update your account details next, and then you are all set to make your purchase or sell at Opensea marketplace.

How to sell your NFTs on OpenSea?

It is not rocket science; in fact, it’s a straightforward task for you to perform.

In your account, go to the menu option
Select your account and go to your profile
Choose the NFTs and tap on the Sell button.
That will allow you to [put a price on your NFTs and schedule the listing as well

There are four kinds of selling options that are listed there,

Fixed price/ buy now: It enables your NFTs for Buy now price; it is the preferable option if you already have a set price
Dutch Auction/ Begins high and ends low: It’s put as to how auctions are done. You set a starting price, ending price, and time duration for your NFTs; with time, the price you set decreases, ending at the highest price bid.
Auction/ starting price or reserve price: It is like a standard auction, but unlike the last option, you don’t put an ending price to it. You put a minimum price and let the bidders bid for it until you get your desired price. Another feature of this option is that you can set a reserve price for it and can accept an offer of your choice.
Bundle/ listing of multiple NFTs as one bundle: As the title suggests, you get to sell multiple NFTs to the same buyer. This saves your buyer from paying numerous gas fees as you are selling more than one NFT to a single buyer.

How to buy NFTs?

Similarly, while buying NFTs, you fall on the other side of the features as mentioned above. So, first of all, keep those things in mind, then follow these steps;

Sign in to your Opensea account
Use the Search option or Explore tab to look for NFTs that interest you
After finding the NFT of your choice, select it
Click on Buy Now or Make offer
Then complete the transaction

If you made an offer, then for the buyer’s nod, it may get approved or rejected. If you had chosen the Buy now option, the transaction would occur immediately. Then go to your profile of OpenSea account and open the collected tab; you can see the purchased Nfts here RoboForex.

10 Best NFT Marketplaces

Non Fungible Tokens or NFTs have taken the digital market by storm, especially during the pandemic digital creators have found solace in NFTs and cryptocurrencies.

NFTs, help people sell or buy digital items, including music, art, photographs, and anything and everything digital. This has opened an all-new dimension for many of us. The pandemic has forced many to go digital from hand in hand with business; in that case, NFTs can be said to be boons for many. They not only protect people’s original work but also monetize them and help the collectors to purchase them too. We have curated the ten best marketplaces for NFTs.

Opensea: It is undoubtedly the largest and the most established NFT marketplace of all time. It deals in art, music, collectibles, sports, virtual worlds, photography, and much more. It is pretty easy to use; you can create your account on OpenSea for free, and it offers a user-friendly interface. So, create your account and start selling and buying. Another plus point of this site is that it is a gas-free NFT marketplace with cross-blockchain support, and since it supports polygon cryptocurrency, the user does not have to pay any fee while trading.
Nifty Gateway: It is supported by the Ethereum blockchain which is backed by Gemini. It is where the world’s two most expensive NFTs were sold, Beeple’s CROSSROAD and Pak’s The Mergein 2021’s December. It is hands-down one of the popular choices for celebrity NFTs. Still, it also attracts beginners as it allows collectors to buy NFTs using Fiat, a government-issued currency.
Rarible: It also deals in art, photography, and games. The first and foremost reason to choose this marketplace is you are getting three blockchains, the second is community-owned, and lastly, it offers low carbon and gas fees. It mainly attracts sports, gaming, and media brands and partners with big-shot brands like Adobe.
Binance NFT: It deals in any kind of thing. It is supported by BSC and ETH. It has about one percent of fees. It helps cash out using Fiat. It has its own blockchain. It also deals with using Binance tokens, which make trade easier.
SuperRare: SupeRare is the NFT platform with an art gallery impression; it deals with digital art and is supported by Ethereum. It provides curated and rare artworks. The interface offers a fine gallery feel, and it also has a great editorial blog. It’s an artistic marketplace that values art and puts credibility and artistic intent above all.
Async Art: Async Art is considered to be a leader in programmable art, no need to mention that it deals only with programmable art. The blockchain support of Async Art is Ethereum. The reason to choose this marketplace is that it offers forward-looking digital art, supports multiple creators and owners, and lastly, Blueprints, which allows artists several opportunities.
MarkersPlace: It deals in commercial and fine arts blockchain support of Ethereum. It is known for authenticity as it allows buyers to purchase from established artists; it offers a good blend of impressive art and scarce NFTS as well. Here the artists digitally sign their creation, so if somebody wrongfully downloads or copies an art form, that will not carry the original artist’s signature.
KnownOrigin: It supports high-quality art and limited run drops, art, and photography. It is Ethereum supported. It offers limited NFT drops curated NFT editions, and it is one of the easy-to-use marketplaces. It hosts timed released events called drops, where they offer rare and collectible artworks.
Foundation: It is an artist-run marketplace offering you rare and exclusive projects. It deals in fine art, digital art, photography, and 3D art. The blockchain support it has is Ethereum. Like a few other marketplaces, it offers curated and limited NFTs, and it has some of the best high-quality art and projects.

Mintable: It’s relatively newer than the other marketplaces, but it is pretty easy to use. It deals in art, music, animation, video, games, and media. It is supported by two blockchains that is Ethereum and ImmutableX. It is straightforward to use, offers various NFTs, and provides free Mintable University courses. It is considered the Etsy of the marketplaces and very easy to use.

Ethereum Merge/ETH 2.0

In September 2022, the Ethereum Merge is expected to replace Ethereum’s Mainnet with the Beacon Chain and other shared networks. With this change, Ethereum’s shift from its proof-of-work (PoW) paradigm to its proof-of-stake (PoS) model is complete.

To put it another way, see Ethereum as a racing vehicle and Beacon Chain as a new, more efficient engine that will be swapped in for the old one midway through the race. Except for how it operates, the automobile will retain its original features.

In what ways does Ethereum merge differ?

The Merge is formally defined by the Ethereum Foundation as the merging of Ethereum’s present execution layer (the Mainnet that we use today) with its new proof-of-stake consensus layer, the Beacon Chain. This definition comes from the Ethereum Foundation. Instead of the energy-intensive process of mining, the staking of Ethereum (ETH) is employed for network security.

The enhancement of the system’s energy sustainability serves as the key impetus for these efforts; yet, the increased security and scalability are very welcome side benefits.

The issue with Ethereum Merge is an important one to address. Since the introduction of dApps, smart contracts, and DeFi protocols, it has been beset by network congestion and high transaction costs, both of which began around the time its popularity among developers began to rise. Ethereum’s gas costs have increased as a result of the substantial surge in interest in DeFi; as a result, Ethereum’s transaction speeds have drastically slowed down in comparison to those of its most direct competitors.

To print the second-largest blockchain from one system to another requires a great deal of effort and time due to the complexity of the process. Every option requires considerable consideration and deliberation.

On the other hand, the Ethereum Merge Update plans to solve many of these problems, which will maintain the network one step ahead of its rivals and reward those users who have persisted with it up to this point.

But what is Proof of stake?

Proof-of-stake, often known as PoS, is a kind of consensus mechanism used to validate transactions that occur over a blockchain network. PoS is one of the ways that is used to verify that all of the transaction data that is kept on the web is genuine. Blockchain does not have any centralised authority that governs the system. Thus PoS is one of the methods that is employed.

The only significant difference between proof-of-stake and proof-of-work is that proof-of-stake uses a system to choose which members on the network are given the opportunity to undertake this job, which also comes with a profitable advantage. Individuals selected to carry out the transaction are eligible to get a freshly mined cryptocurrency reward if they successfully verify the new data and refrain from trying to game the system.

What does the Ethereum merge mean for the future of cryptocurrencies?

Due to its high market value, Ethereum is the second biggest blockchain network in the world and is scheduled for a significant update from September 10-20, 2022. As was previously noted, this update will result in Ethereum’s complete migration from the proof-of-work consensus process to the proof-of-stake mechanism.

This is one of the most significant changes in the crypto industry in a very long time, maybe even since the invention of crypto. When the Ethereum Mainnet and the Beacon Chain are combined, the blockchain will become more environmentally friendly, efficient, and enticing to investors.

When will Ethereum merge into the network?

The creator of ETH News, Evan Van Ness, has revealed that the Ethereum Merge is planned for the middle of September 2022. On a conference call broadcast on the Ethereum Foundation Youtube Channel on July 14, 2022, developer Tim Beiko highlighted the planned Merge date of September 19.

Impact of ETH 2.0

Effective for network

First, moving away from Proof-of-Work (PoW) to Proof-of-Stake (PoS) is bright for the Ethereum network since PoS is a more logically efficient consensus method.

Effective use of energy

One of the most revolutionary shifts in the cryptocurrency business, switching from PoW to PoS, would also reduce Ethereum’s current energy usage by 99.95 per cent.

Sharding

By laying the groundwork for future scaling enhancements in the Ethereum ecosystem, sharding is a crucial step in preparing for the future of the crypto industry.

The rationale for financial investment

If the Ethereum Merge is successfully implemented, it will alter the cryptocurrency’s core functionality, making it suitable for a broader range of applications and creating new opportunities for investors to get exposure to the dominant altcoin.

How will The Merge impact ether holders’ transaction times, gas costs, and staking?

Rates of Exchange

After the update, Ether users may still anticipate the exact transaction times. The ordinary user won’t even notice the little adjustments.

Gas prices

The cost of Ethereum’s “gas” won’t change for the time being. Theoretically, the Ethereum update paves the way for sharding, leading to lower gas prices in the future.

Staking

Staking ether, rather than mining, will contribute to the safety of the network. Remember that staking ETH will not allow withdrawals for six to twelve months following The Merge. To counter this, once Ethereum’s Shanghai Upgrade is life, users can withdraw up to 40,000 staked ETH daily.

How much of a rise in ETH price is expected in the merger?

A longer-term increase in the number of people using Ethereum Merge would eventually cause the price of ETH to go up, but getting there would take some time. Those who are already on the Ethereum chain will have access to an expanded pool of opportunities if Ethereum Merge is implemented. As a direct consequence of this, generating profits in the near term would be very difficult.

However, these estimates are just that: projections; actual events might turn out to be very different from what is being predicted. Some experts have even projected that this could trigger a further spike in the price of Ethereum of between 200 and 500 percent. And bear in mind that this is only the beginning of the enhancements that will be implemented.

It is interesting to reflect on the events that transpired a year ago when Cardano initially offered the feature of intelligent contracts on its blockchain. Speculation around such news may, for a short period, push the price of ETH to levels of tokens that are unsustainable until the market corrects itself. Even while not all of the problems that Ethereum is now facing will be fixed, at least some will be. It’s possible that the actual integration won’t live up to the hype, much as Cardano’s smart contracts have in the past.

What does it mean for cryptocurrency investments?

There is a widespread consensus among professionals in this field that Ethereum’s fast progress will be jumpstarted if the Merge protocol can be effectively implemented on the leading network. This release places Ethereum in direct competition with all of the other PoS-based blockchain networks; considering Ethereum’s head start in TVL and the number of developers working on the blockchain, this puts Ethereum in an advantageous position.

Another cryptocurrency industry professional asserts that the Ethereum Merge will result in an increase in the value of Ethereum by cutting the platform’s consumption of energy by more than 99.95 percent while simultaneously improving its processing speed, security, and scalability.

It is projected that the success of Ethereum will have a ripple effect on other cryptocurrencies that are built on the ETH blockchain, such as Polygon (MATIC) and Arbitron. This impact will be positive.

The impact of the Merge on the On-chain metrics of Ethereum

Before the Merge, one of the most important on-chain measures for Ethereum must be the total value of the stakes made to the ETH 2.0 smart contract. This statistic must also be seen as positive. In spite of the decline in pricing during the course of the current year, it has been on an unbroken streak of gains. Therefore, it would seem that a significant number of individuals are placing positive bets on the Ethereum Merge with the anticipation of becoming validators in the Ethereum Network once the proof-of-stake mechanism is made operational.

Despite the bear market is in full swing for the last couple of months, the number of active Ethereum addresses on the network has been on an upward trend over the past couple of months. This further affirms the statement stated in the previous paragraph.

Conclusion

If the current Merge goes well, it will begin a more sustainable, environmentally friendly period for Ethereum, one in which proof-of-work will no longer be necessary. This will pave the way for future scalability enhancements previously impossible with proof-of-work, bringing Ethereum one step closer to the full scale, security, and sustainability envisioned in the Ethereum white paper.

With the necessary infrastructure in place, these updates will reorganize Ethereum to make it more scalable, safe, and sustainable, benefiting current users and attracting new ones. And it does so without compromising the decentralization that is Ethereum’s fundamental virtue.

Kerten Hospitality’s “Pipeline with a Purpose” sees one new opening a month between now and the end of 2022

New properties in Kuwait, AlUla, and Rome follow recent openings in Tbilisi and Istanbul, as well as a pioneering gelato brand in Riyadh

DUBAI, September 14, 2022: Following on from the much-lauded opening of The House Hotel Old Tbilisi in July this year, mixed-use ESG-focused lifestyle operator Kerten Hospitality is ramping up development, with more than 40 purpose-driven projects across 12 brand concepts in Europe, the Middle East, North Africa, and the CIS region.

Between now and the end of 2022, Kerten Hospitality will open one new concept a month, a robust pipeline with a purpose that puts the brand’s strong commitment to ESG (Environmental, Social, and Governance) and responsible community-based business practices in the spotlight, with every opening aiming to have a long-term positive impact on the community in which it operates. Upcoming openings include hotels in Rome, Kuwait, and AlUla which will be closely followed by a new opening in Marrakech later this year.

The brand’s mixed-use developments focus on connecting travelers and residents, with collaborations and own-brand projects in the food and beverage, entertainment, art, and wellness spheres. More than simply opening a hotel or restaurant, Kerten Hospitality builds community-centric destinations and ecosystems where business and leisure combine to create vibrant mini-economies.

Marloes Knippenberg, Chief Executive Office of Kerten Hospitality, believes that the brand’s active development pipeline will bring benefits to both guests and investors.

“As we ramp up our developments, we’re creating jobs in each destination we enter, proactively hiring locally and creating opportunities for those looking for career development. We’re also supporting businesses by purchasing locally wherever possible,” she says. “More developers are seeking to connect with operators to look jointly at creating something that brings not only a long-term ROI, but that also connects to the neighborhood through mixed-use projects that drive year-round footfall. At Kerten Hospitality, we’re in the perfect position to drive forward more of these projects with a purpose.”

A collection of ESG-focused hospitality brands

Kerten Hospitality’s diverse range of brands currently includes:

The House Hotels – The House Hotel are laid-back luxury properties in prime locations that marry cultural elements with classic and contemporary styles, offering tailored destination experiences that connect to the community. Currently open are The House Hotel City Yard Jeddah, an energetic and stylishly designed lifestyle hotel connected to some of the city’s most exciting food and beverage concepts, and The House Hotel Old Tbilisi, a restored traditional merchant’s house in the Georgian capital’s historical heart, with hand-painted murals by Musya Qeburia in each of the rooms. Upcoming projects are well underway in Egypt, Kuwait, and Turkey.
Cloud 7 Hotels – A young-at-heart lifestyle brand, Cloud7 focuses on punchy, colorful design, and shakes up the concept of what it means to be a hotel. Deskless check-in, lobbies that function as social hubs, healthy grab-and-go food, and boutiques selling locally made products are all part of what makes Cloud7 much more than just another mid-scale hotel. Currently operating in Ayla Aqaba in Jordan, and StaySO by Cloud7 in Istanbul’s Bomonti neighborhood, with upcoming projects in prime locations in Egypt, Italy, Jordan, and the UAE.
The House and Cloud7 Residences – Both The House and Cloud7 brands incorporate residences and serviced apartments for short- or long-term stays, connecting guests to the local community with communal spaces, brand collaborations, and buzzing dining venues. They have plenty to offer investors too, with the combined benefits of the brands’ trademarks, full services, and facility management leading to premium selling prices.
Nakhati – Just opened in August in Riyadh, Nakhati, meaning “my flavor” in Arabic, is Kerten Hospitality’s purpose-driven premium gelato brand offering more than just deliciously unexpected flavours and local Saudi ingredients. Nakhati offers fledgling Saudi entrepreneurs the opportunity to launch their own franchises with access to initial funding, a range of options from a simple gelato cart to kiosk or fully-fledged store, and a comprehensive suite of high-quality business tools and mentorship programs to support the growth and empowerment of franchisees.
Ouspace – Ouspace brings a collaborative working space environment to each of Kerten Hospitality’s residential developments, replacing the traditional meeting rooms and business centers of the past with a future-looking solution. The spaces are blank canvases, offering flexible space for events, social scenes for those who like to be part of something bigger, and efficient, functional workplaces for when something just needs to get done. It’s the future of business. Upcoming openings are planned in Jeddah and Tbilisi.

A development pipeline with a purpose

Kerten Hospitality’s ambitious pipeline of upcoming projects spans ten openings in the next eight months, with ten additional signings in progress and a total of more than 45 projects in development. Upcoming projects include openings in Egypt, Georgia, Italy, Jordan, Morocco, Saudi Arabia, and the United Arab Emirates, and range from urban to resort projects in locations both familiar and emerging.

Much of the brand’s purpose is built on the ESG initiative UBBU – United. Building a Better Universe. Inspired by the Butterfly Effect, based on the fact that small actions, especially when done by many, have the power to prompt global impact and change, the brand’s UBBU philosophy drives every project from the beginning to completion. From early steps, such as a commitment to hiring staff locally and using local materials, to decisions around supporting social causes, creating markets for local artists and artisans, to making simple adjustments to heat, water, and air-filtering systems, UBBU is the foundation of which every project is built.

“ESG is more than a nice-to-have for Kerten Hospitality,” says Knippenberg. “It drives everything we do, from a social to an environmental level. Our belief in UBBU is shared by every member of our team, and that drive to bring only positive impacts on the destinations in which we operate is one of the key foundations of our business.”