Science & Technology
Tech Advances Associated With DeFi Could ‘Profoundly Affect’ Financial Market Trading, Says US Fed Governor

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A crypto-skeptic US Federal Reserve governor says technology advances associated with decentralized finance (DeFi) could complement its centralized finance counterpart.

In a speech earlier this week in Vienna, Austria, Fed Governor Christopher J. Waller said DeFi tech could lead to efficiency gains, though he also stressed the value of centralized financial markets.

“It is easy to see how the emergence of these technologies could lead one to think of DeFi as a substitute for centralized finance. For example, the technologies are allowing for individuals to trade assets without giving up control of those assets to an intermediary – a critical distinction with centralized finance.

However, there are other uses emerging from these technologies that look more like complements to centralized finance. For example, distributed ledger technology, or DLT, may be an efficient and faster way to do recordkeeping in a 24/7 trading world. We already see several financial institutions experimenting with DLT for traditional repo trading that occurs 24/7. But before these ledgers can be used to facilitate transactions in traditional assets – like debt, equity, and real estate – these assets must be tokenized. Undertaking the process to tokenize assets and use distributed ledgers like blockchain can speed up transfers of assets and take advantage of another innovation: smart contracts.”

Waller also argues that it isn’t possible to “completely decentralize finance.”

“Intermediation is still valuable for the average person, and we see this by the existence of trading exchanges in the crypto world. All these platforms involve giving custody of one’s crypto-assets to an intermediary, who conducts trades on behalf of the client. This reintroduces the need for trust in these platforms just as trust is needed in modern banking systems.”

The Fed governor argued in a separate speech in February that digital assets are like baseball cards and have no intrinsic value.

“To me, a crypto-asset is nothing more than a speculative asset, like a baseball card. If people believe others will buy it from them in the future at a positive price, then it will trade at a positive price today. If not, its price will go to zero.

If people want to hold such an asset, then go for it. I wouldn’t do it, but I don’t collect baseball cards, either. However, if you buy crypto assets and the price goes to zero at some point, please don’t be surprised and don’t expect taxpayers to socialize your losses.”

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News
Canada advances beats Venezuela in penalty kicks to reach Copa America semifinals | Globalnews.ca

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Canada hasn’t scored much on the way to the semifinals of its first Copa America.

Don’t look for apologies from American-born coach Jesse Marsch.

Ismaël Koné scored in the sixth round of the shootout right after a third save by Maxime Crépeau and Canada moved on with a victory over Venezuela on Friday night.

The Canadians won 4-3 on penalty kicks following a 1-1 draw in the quarterfinals, keeping Venezuela from advancing to the Copa America semifinals for the first time since 2011.

Just the fourth team to advance out of group play by scoring just one goal, Canada is moving on again following a 0-0 draw against Chile that sent it to the elimination round.

“People will talk about should we score more goals or whatever,” Marsch said. “We should score more goals. But those are two pretty strong performances against very good opponents. You can see that this team is building.”

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Jacob Shaffelburg scored in the 13th minute for Canada before Salomón Rondón got the equalizer in the 64th minute for Venezuela.

The victory earned 48th-ranked Canada a rematch with Lionel Messi and Argentina, the world No. 1 and defending Copa America champion, on Tuesday night at MetLife Stadium in New Jersey. Argentina beat Canada 2-0 in a group play opener.

Each team scored three times in the five rounds of the shootout, forcing the extra session.

After Crépeau silenced the pro-Venezuelan crowd of 51,080 at the home of the Dallas Cowboys by stopping Jhonder Cádiz, Koné eased his shot past Rafael Romo for the win.

“I heard some of the guys saying afterward I should have had him shoot earlier because he’s got ice in his veins,” Marsch said of the 22-year-old. “They were right. Probably should have had him shoot earlier. But when we needed him, he stepped up.”

With 54th-ranked Venezuela trailing 1-0, Jon Aramburu sent a long pass from his own penalty box, leaving just Rondón and Moïse Bombito battling for the loose ball near midfield.

Just as Rondón gained possession, Crépeau realized he was too far out and sprinted toward his net. It was too late. Rondón’s lofted shot over the scrambling Crépeau bounced 2 yards in front of the net and in.

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Shaffelburg scored on an assist from Jonathan David after David scored Canada’s previous goal in a 1-0 victory over Peru on a helper from Shaffelburg, who right-footed a pass from David between the right post and Romo.

After scoring, Schaffelburg held over his head theWhen. 17 jersey of Tajon Buchananwho broke the tibia in his lower left leg in practice three days before the meeting with Venezuela.

Rondón had two early chances on headers turned away, and it wasn’t long after his goal that Shaffelburg took another dangerous shot from just inside the penalty box that Romo deflected away.

Before Rondón’s equalizer, Eduard Bello redirected a corner kick from across the toward the net, but the ball landed on top of the net after a leaping deflection from Crépeau.

Venezuela is in position to be a first-time qualifier for the 2026 World Cup, which will be held in the U.S., Canada and Mexico. A World Cup-high nine games will be at AT&T Stadium.

But La Vinotinto fell short in trying to reach the final four of Copa America for just the second time. Venezuela finished fourth 13 years ago.

“I think that we need to continue working and to set an objective for ourselves,” Venezuela coach Fernando Batista said through a translator. “This is a long process. We have a huge dream that we’re going for. All Venezuelans want to qualify for the World Cup, and the Copa America gave us the possibility of strengthening our squad.”

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Not long after Rondón’s goal, Liam Millar got a shot past Romo, but it went wide right. Millar had Canada’s first miss of the shootout, sending a shot way over the crossbar right after Yangel Herrera was wide left for Venezuela.

The teams traded misses again in the fourth round of the shootout before a pair of makes set up the extra session.

“We were the better team,” Marsch said. “We deserved to win that match. The penalties, it’s most a flip of the coin. But we were the better team on the day.”

&copy 2024 The Canadian Press

Science & Technology
Advances in Diagnosis: AI’s Role in Precision Disease Detection

Technology tamfitronics

Lifestyle

Swapna’s journey in the healthcare landscape has been defined by a relentless pursuit of excellence and a commitment to leveraging technology for the betterment of patient outcomes.

Technology tamfitronics Advances in Diagnosis: AI's Role in Precision Disease Detection

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With rapid advancements in technology, the healthcare sector stands at the forefront of innovation, leveraging cutting-edge AI solutions to revolutionize patient care and drive meaningful outcomes. To tackle these issues and stand at the forefront of the industry, Swapna Nadakuditi, a veteran professional in the field, has been instrumental in spearheading transformative initiatives that harness the power of data analytics and artificial intelligence to deliver precision healthcare solutions.

Swapna’s journey in the healthcare landscape has been defined by a relentless pursuit of excellence and a commitment to leveraging technology for the betterment of patient outcomes. Over the course of five years, she has navigated through complex challenges, from transitioning from a contractual role to securing a permanent position to being nominated for a prestigious emerging leadership program within his organization. These achievements underscore her dedication and expertise in driving impactful change within the healthcare domain.

Reportedly, Swapna’s contributions demonstrate her innovative work in predictive analytics and machine learning, aimed at uncovering valuable healthcare insights and facilitating personalized treatment approaches. Through extensive exploratory analysis and predictive modelling, she has focused on identifying individuals with high-risk health conditions such as COPD, Diabetes, and CKD, thereby enabling proactive interventions and targeted care delivery.

As per the statistics, the adoption of AI in healthcare could save between 5% to 10%. AI in healthcare statistics shows that 90% of nursing tasks will still be performed by humans in 2030. By 2030, the market for AI in healthcare is projected to reach $187.95 billion. By 2026, the market for robot-assisted surgery may be worth $40 billion.

One of Swapna’s major projects involved the implementation of a proof of technology using Natural Language Processing (NLP) to extract diagnosis codes from medical records. This innovative solution garnered widespread recognition for its effectiveness and laid the foundation for further advancements in healthcare data analytics. Additionally, Swapna was entrusted with multiple significant projects within his organization, each showcasing the transformative potential of predictive analytics and machine learning in healthcare.

The impact of Swapna’s work can be measured in terms that how it has impacted the industry, with achievements such as heightened risk scores leading to more accurate identification of high-risk individuals and increased revenue from risk adjustment. Moreover, the implementation of AI-driven solutions has resulted in enhanced patient outcomes, streamlined processes, and improved coordination of care services, leading to perceptible improvements in healthcare delivery.

However, Swapna’s journey has not been without its challenges. One of the foremost hurdles she faced was accessing extensive datasets and ensuring compliance with regulatory requirements. To overcome scalability challenges, she influenced distributed computing frameworks and collaborated closely with compliance and legal teams to establish robust data governance protocols.

Looking ahead, Swapna believes that interdisciplinary collaboration and the integration of AI with wearable devices and IoT will continue to drive innovation in the healthcare sector. Moreover, the potential of quantum computing holds the promise of revolutionizing healthcare by unlocking new possibilities for AI-driven solutions.

In conclusion, Swapna Nadakuditi’s pioneering work in leveraging AI for precision medicine exemplifies the transformative potential of technology in healthcare. Her dedication, expertise, and forward-thinking approach have paved the way for impactful innovations that have the power to shape the future of healthcare delivery.

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Business News
CGTN: China advances battle in opposition to tuberculosis, Commercial News

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BEIJING, March 25, 2024 /PRNewswire/ — World Tuberculosis (TB) Day, which falls on March 24 yearly, is designed to fabricate public consciousness that TB on the fresh time stays a world public nicely being topic that severely endangers of us’s nicely being.

Per the World Health Group’s (WHO) World Tuberculosis File 2023, in 2022, there were bigger than 10.6 million cases of energetic TB globally, with 1.3 million deaths.

Ahead of this year’s World TB Day, Peng Liyuan, necessary other of Chinese language President Xi Jinping and WHO goodwill ambassador for TB and HIV/AIDS, paid a consult with to a location of us in Changshathe capital city of central China’s Hunan Provinceto study the country’s TB prevention and cure work on the grassroots stage.

She first visited the Yuhua District Health Training Center to learn in regards to the institution’s efforts to beef up nicely being training on TB as nicely as fabricate TB illness prevention and cure mechanisms.

Peng known as on all americans to work collectively as advocates and volunteers to better popularize files on TB prevention and cure among community residents and the young technology.

To boot to, Peng additionally had a pleasant meeting with clinical personnel who reduction the placement of us, from whom she realized in regards to the management of TB prognosis and cure providers on the grassroots stage.

After speaking to recovered TB sufferers, kids wanting ahead to vaccination and their oldsters, Peng expressed the hope that every and every events will proceed to work hand in hand in opposition to ending the spread of TB illness.

China’s depart

The Chinese language authorities attaches massive significance to TB prevention and cure and has integrated it into the Healthy China technique.

Talking to China Media Crew, Zhao Yanlin, director of the Center for Tuberculosis Prevention and Regulate of the Chinese language CDC, identified that over the past decade, China’s TB morbidity has declined by 25 p.c, which is bigger than twice the realm common decline fee.

Per Zhao, as of 2023, total nationwide funding for TB prevention and regulate is virtually 20 times bigger than in 2001.

China has been repeatedly bettering the meat up capability, accomplishing multi-sector cooperation, taking part the participation of the total society and actively selling fresh diagnostic ways, therapeutic solutions and management tools. Consequently, the tuberculosis treatment fee in the country stays above 90 p.c.

The WHO and the United Nations (UN) both harbor massive expectations for childhood participation in the prevention of TB as nicely as for his or her engagement in selling nicely being care for all of humanity.

China additionally attaches massive significance to the strategy of young volunteers and actively encourages public voluntary actions for TB prevention and regulate. Over the past 10 years, the gathering of volunteers in China has elevated to over 1 million, bigger than half of of whom are kids.

https://news.cgtn.com/news/2024-03-24/China-advances-battle-in opposition to-tuberculosis-1seyW34OSXe/p.html

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