Dubai Police Force Welcomes World’s First Robot Officer

TheMerkle Dubai Police RobotNot too long ago, we discussed how the Russian military is experimenting with their own autonomous “Robocop”. It now appears the Dubai Police is doing nearly the same, as the government has introduced a robotic police officer on stage during a recent conference. In fact, it is the world’s first operational robot policeman. Quite an interesting development, that much is evident. Dubai Presents A Working Robot Policeman It is quite interesting to see how Dubai is progressing toward embracing new and innovative technologies. An autonomous robot policeman is quite a big step, to say the least. It is the world’s

TheMerkle Dubai Police Robot

Not too long ago, we discussed how the Russian military is experimenting with their own autonomous “Robocop”. It now appears the Dubai Police is doing nearly the same, as the government has introduced a robotic police officer on stage during a recent conference. In fact, it is the world’s first operational robot policeman. Quite an interesting development, that much is evident.

Dubai Presents A Working Robot Policeman

It is quite interesting to see how Dubai is progressing toward embracing new and innovative technologies. An autonomous robot policeman is quite a big step, to say the least. It is the world’s first operational officer of its kind, and it comes packed with a ton of innovative features that will make it blend in. That is, as far as a robot can blend in with a society dominated by humans.

Speaking of the specifications, this robot policeman stands 170 centimeters tall and weighs in at 100 kilograms. That is not entirely unlike human police officers, and it appears these measurements were taken quite deliberately by the engineers. Moreover, the robot can recognize gestures and hand signals thanks to its embedded emotion detector.

If that isn’t enough to get you excited Dubai’s newest police officer can also detect facial expressions and emotions, allowing to interact with humans in an appropriate manner. As we would expect, the officer can also change his expression and emotions to put people at ease. This latter feature can be extremely useful when dealing with a stressful situation.

It appears the plan is to let this robot police officer patrol the streets of Dubai. Thanks to its built-in artificial intelligence and other undisclosed technologies, it should be able to help police officers catch criminals. Moreover, it is possible the robot will be used to broadcast live video feeds, albeit it remains unclear which situations would warrant the use of such technology. It is an intriguing addition to the Dubai Police team, that much is evident.

This robot police officer has a built-in table which allows users to interact with smart police services. Payments can be completed using a credit card, should the need arise to pay for something. The robot communicates in six different languages, including Arabic and English. It is equally possible to shake the police offer’s hand or greet him with a military salute, which will be answered in the same manner.

It will be interesting to see how this robot works out for the Dubai Police. It is quite a groundbreaking experiment that could easily backfire. Then again, now is a good time to explore new technologies, even if it means directly introducing them to our society. Robots are more than capable of enhancing police officer duties, that much is evident.

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Shapeshift Launches Decentralized Portfolio Platform Prism

portfolioToday at the Consensus Conference in New York City the Shapeshift founder and CEO Erik Voorhees has announced the launch of Prism, a “trustless asset portfolio platform”. The Swiss blockchain technology company says investors of all types looking to build a portfolio can do so using the decentralized digital asset holding application. Also read: The Case for

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portfolio

Today at the Consensus Conference in New York City the Shapeshift founder and CEO Erik Voorhees has announced the launch of Prism, a “trustless asset portfolio platform”. The Swiss blockchain technology company says investors of all types looking to build a portfolio can do so using the decentralized digital asset holding application.

Also read: The Case for Using mBTC Over BTC Denominations

Shapeshift Launches Prism – the Decentralized Digital Asset Portfolio Without Third Party Risk

Shapeshift Launches Prism the Decentralized Portfolio PlatformLaunched today, the Prism platform provides users with the ability to secure a basket of cryptocurrencies without exposure to third party risk. The platform is built using Ethereum-based smart contracts that enable investors to construct a crypto-portfolio with a broad range of cryptocurrencies to choose from including Bitcoin, Litecoin, Monero, and Ripple.

Shapeshift says bitcoin and altcoins as an alternative investment have grown exponentially over the past two years, as the combined market cap has expanded over 200% in the past year to over $40 billion, explains the company. Prism will forward the cryptocurrency fever by offering the first live platform in a trustless environment dedicated to the users’ crypto-asset portfolio.

“Prism enables investors to gain secure, transparent exposure to digital assets in a way that has never before been possible. The days of leaving funds at an exchange ‘because it’s easier’ are over,” Erik Voorhees, CEO of ShapeShift detailed during the announcement.

Prism’s digital asset portfolios, built entirely on non-custodial smart-contracts, demonstrates a new standard in financial security.         

A Diversified Crypto-Portfolio That Competes With Other Prism Investors

The company says that it has used its proven model from the Shapeshift design to build Prism. The new platform is a “diversified crypto-portfolio that was distilled down into a simple interface: buy, rebalance, and settle, all of which the user can execute with nothing more than their Ethereum wallet,” explains the Swiss startup.

Shapeshift Launches Prism the Decentralized Portfolio Platform

Moreover once a Prism portfolio has been created it is positioned on a leaderboard competing with other Prism users based on investment performance. Furthermore, users can learn from top traders and copy their portfolio choices as well by visiting the public Prism performance leaderboards.

Prism Aims to Open a Whole New World of Borderless Finance

After creating a name for a personal Prism portfolio, users choose from a wide range of digital assets and determine how to split their investments. The investor then provides an Ethereum address that enables them to fund and track their Prism assets. The address gives Prism users proprietary control over their funds and the ability to track the investment vehicle via the Ethereum network. Shapeshift says the following ether wallets have been tested and vetted for use on the Prism platform Exodus.ioJaxx.io and Myetherwallet

If an investor wants to close out their Prism account, they are asked to send a zero ETH transaction to a provided Ethereum address that will signal the smart contract to close the portfolio. If the Prism’s components went up 20%, the investor will receive 20% more Ether back than they put in, minus displayed fees.

Prism takes us one step closer to a world of truly borderless finance. We suspect it will kickstart a vast horizon of financial experimentation upon smart contracts,” concluded Voorhees.

What do you think about the Shapeshift’s new portfolio platform? Let us know in the comments below.  


Images via Shutterstock, Shapeshift, and Prism websites.  


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Why Michigan’s Oldest Lawn & Power Sports Stores Goes Bitcoin

Power SportsAs bitcoin grows in value, more merchants every day are accepting the digital currency to stay ahead of the times. This week one of Michigan’s largest and oldest lawn equipment and power sports stores — Ball Equipment is now accepting bitcoin. Also read: Petition Asks SEC to Clarify Rules on Bitcoin and Digital Token Assets   

The post Why Michigan’s Oldest Lawn & Power Sports Stores Goes Bitcoin appeared first on Bitcoin News.

Power Sports

As bitcoin grows in value, more merchants every day are accepting the digital currency to stay ahead of the times. This week one of Michigan’s largest and oldest lawn equipment and power sports stores — Ball Equipment is now accepting bitcoin.

Also read: Petition Asks SEC to Clarify Rules on Bitcoin and Digital Token Assets   

73 Year Old Business Thinks Outside the Box

Michigan's Oldest Lawn & Power Sports Store Goes BitcoinThe fourth generation family owned superstore, Ball Equipment, is one of Eastern Michigan’s largest and oldest outdoor power equipment dealerships operating for over 73 years. The store has two locations that sell heavy duty lawn equipment and power sports gear from brands like Polaris, Honda, Can-Am, Cub Cadet, and Husqvarna. This week the business decided to accept bitcoin allowing any of their customers to purchase rideable lawnmowers, ATVs, snowmobiles, dirt bikes and more.

Bitcoin.com talked to Chris Ball, one of the owners of the Michigan state superstores to see why the business decided to start accepting bitcoin. Mr. Ball says that even though they are an old and well-established company the team has always had the corporate philosophy of “getting ourselves outside the ‘we have always done it this way’ box.”

“The quickly evolving world of cryptocurrencies and the media attention it has received is something that attracted our interest. Even before fully understanding it, we knew it was something we should work towards adopting immediately,” explains Mr. Ball.

Bitcoin: ‘Very Appealing from a Profitability Standpoint’

Mr. Ball tells us there are other reasons why the company decided to accept the digital currency.

“For instance, many of the larger ticket items Ball Equipment sells like the ATV’s, and Motorcycles, are typically very low margin products to retail to consumers,” the Ball Equipment executive details.

The transaction fees and potential fraud that exists with traditional payment methods when compared to the ease of secure low-cost payments on high-value transactions made bitcoin very appealing from a profitability standpoint.

“In addition, becoming an early adopter in our very ’old school’ industry gives us the potential to do business on a local and even national level that we would otherwise not have the opportunity. Considering we have found very few of our competitors anywhere accepting bitcoin currently, we do not see much if any downside other than accepting the risk of short term bitcoin value fluctuations.”

A New Customer Base, and Being Prepared for the Future

Michigan's Oldest Lawn & Power Sports Store Goes BitcoinAs of today, Mr. Ball says customers can stop in one of the Ball Equipment showrooms or visit the website, browse the selection of vehicles and products, and then fill out a request quote form to let the company know you are interested in a purchase with bitcoin as a payment method.

“A member of our sales team will follow up to provide a quote and once a final decision is made an invoice will be provided with a QR code from our wallet to send coins for payment,” Mr. Ball explains.

As Bitcoin.com explained last week, as the digital currency continues to see more popularity the trend also follows with people purchasing luxury goods, real estate, and high ticket items. Merchants like Ball Equipment are starting to see the value in opening up sales to a new customer base, a currency that appeals to profitability and allowing their business model to stay on course with the future of payments.

Do you think merchant acceptance is growing as bitcoin becomes more valuable? Let us know your thoughts in the comments below. 


Images via Shutterstock, Can-Am, and the Ball Equipment website. 


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