In the on-going race between AI model complexity and available computing resources, model complexity is once again is pulling ahead significantly. Commercial cloud computing has driven down compute and storage costs dramatically over the past decade. Still, it might not be enough for deep learning models to keep the performance-improvement rates they’ve enjoyed over the…
Category: Architecture
Architecture, Disruptive Technology
Central Banks Release DLT-Based Cross-Border Payment Study
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•The Hong Kong Monetary Authority (HKMA) and the Bank of Thailand (BoT) have issued a 90-page joint report regarding their four-month Central Bank Digital Currency project, which they completed at the end of 2019. The proof-of-concept, dubbed Project Inthanon-LionRock, studied the application of CBDC for cross-border peer-to-peer payments between the Hong Kong dollar and the Thai…
Architecture, Disruptive Technology
Hyperledger Ramps Up Efforts
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•The newly minted executive director of the Hyperledger Project, Brian Behlendorf, managed to speak with Markets Media to discuss the status of the open-source distributed-ledger initiative and shared his thought on the year ahead.
Architecture, Disruptive Technology
Getting the Blockchain Blues
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•I spent the first part of this week attending CoinDesk’s Consensus 2016 blockchain conference in Midtown Manhattan. It was a great event with good content and a huge audience. However, now I’m having a post-blockchain crash. (It’s like the crash after a sugar high, but more forgiving on the teeth and waistline.) Yes, blockchain will change…
Architecture, Trading
Seeding the Front-Office Clouds
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•Two phrases that never seem to go together are “high performance” and “hosted cloud computing,” but two-year old startup Lucera looks to change the industry’s mind with its aptly named Compute offering. Most marquee cloud providers typically focus on driving down computing costs through server consolidation, explained Jacob Loveless, CEO of Lucera. “It’s very cheap in…