Microsoft, in conjunction with the audit company Ernst & Young, has announced plans to implement blockchain technology for computer game companies. Microsoft’s decision to switch to a blockchain system was due to the very long processing time to pay royalties to game creators. Instead of 45 days that were spent on checking documents by intermediaries and processing payments by banks, this process will be reduced to just one day.
Microsoft will use Quorum technology, which will not only allow them to quickly transfer money, but also protect confidential information. This platform will allow them to quickly and effectively manage both financial transactions and copyright tracking. This will also allow companies working with Microsoft to transfer royalties amongst each other without central control.
Poland began a gradual transition to renewable energy sources. At the moment, the country is one of the main suppliers and consumers of coal in the European Union. At the end of June investment restrictions for renewable energy sources (RES) were lifted. A new law was put into place: 15% of energy generated should be in RES. The old law was adopted in 2016 by the ruling conservative party that had promised to support coal production.
But soon their policy was condemned, by both EU countries and by the American company Invergy, which filed a lawsuit against Poland accusing it of expropriation. Until 2016, Poland had adhered to the EU’s overall plan for RES. The removal of restrictions on investments in RES will open Poland for energy investment. In June, Sun Investment Group stated that it wants to conclude a contract with Poland for the installation of solar power plants with a capacity of 250 MW.
Implementation of the transition to renewable energy will be carried out by E-Energia and I + D Energias. The expected development and rapid growth of wind power stations is expected.
Gazprombank, together with three offices of the Russian Quantum Center (RQC), has created three laboratories for the development of Quantum Artificial Intelligence. The RQC’s General Director, Ruslan Yunusov, said that the project to create universal quantum computers will not only use advanced quantum AI, but will also open new directions such as quantum chemistry and the creation of new materials. Quantum computers are now a topic discussed just as much as blockchain and AI. And the impact on the future could be even greater.
The appearance of quantum computers has both supporters and opponents. The latter are most worried about the security of more familiar computer systems, because a quantum computer is capable of breaking through any non-quantum encryption. And this puts such systems as blockchains in jeopardy. Supporters believe that quantum computers will help to develop all technical fields and to create completely new ones.