Connect with us

Cashless Society

Biocryptology Is The Future Of Cashless Transactions

Futurists have long proclaimed the coming of a cashless society, where dollar bills and plastic cards are replaced by fingerprint and retina scanners smart enough to distinguish a living, breathing account holder from an identity thief.

Published

on

biocryptology
SHARE NOW THE END BEGINS:

 

RELATED STORY: The Mark of the Beast

RAPID CITY, S.D. — Futurists have long proclaimed the coming of a cashless society, where dollar bills and plastic cards are replaced by fingerprint and retina scanners smart enough to distinguish a living, breathing account holder from an identity thief.

biocryptology

What they probably didn’t see coming was that one such technology would make its debut not in Silicon Valley or MIT but at a small state college in remote western South Dakota, 25 miles from Mount Rushmore.

Two shops on the School of Mines and Technology campus are performing one of the world’s first experiments in Biocryptology — a mix of biometrics (using physical traits for identification) and cryptology (the study of encoding private information). Students at the Rapid City school can buy a bag of potato chips with a machine that non-intrusively detects their hemoglobin to make sure the transaction is legitimate.

Researchers figure their technology would provide a critical safeguard against a morbid scenario sometimes found in spy movies in which a thief removes someone else’s finger to fool the scanner.

On a recent Friday, mechanical engineering major Bernard Keeler handed a Red Bull to a cashier in the Miner’s Shack campus shop, typed his birthdate into a pay pad and swiped his finger. Within seconds, the machine had identified his print and checked that blood was pulsing beneath it, allowing him to make the buy. Afterward, Keeler proudly showed off the receipt he was sent via email on his smartphone.

Fingerprint technology isn’t new, nor is the general concept of using biometrics as a way to pay for goods. But it’s the extra layer of protection — that deeper check to ensure the finger has a pulse — that researchers say sets this technology apart from already-existing digital fingerprint scans, which are used mostly for criminal background checks.

Al Maas, president of Nexus USA — a subsidiary of Spanish-based Hanscan Indentity Management, which patented the technology — acknowledged South Dakota might seem an unlikely locale to test it, but to him, it was a perfect fit.

“I said, if it flies here in the conservative Midwest, it’s going to go anywhere,” Maas said.

Maas grew up near Madison, S.D., and wanted his home state to be the technology’s guinea pig. He convinced Hanscan owner Klaas Zwart that the 2,400-student Mines campus should be used as the starter location.

The students all major in mechanical engineering or hard sciences, which means they’re naturally technologically inclined, said Joseph Wright, the school’s associate vice president for research-economic development.

“South Dakota is a place where people take risks. We’re very entrepreneurial,” Wright said. After Maas and Zwart introduced the idea to students this winter, about 50 stepped forward to take part in the pilot.

“I really wanted to be part of what’s new and see if I could help improve what they already have,” said Phillip Clemen, 19, a mechanical engineering student.

Robert Siciliano, a security expert with McAfee, Inc., minimized potential privacy concerns. “We are hell bent on privacy issues here in the U.S. We get all up in arms when someone talks about scanning us or recording our information, but then we’ll throw up everything about us on Facebook and give up all of our personal information for 10 percent off at a shoe store for instant credit,” he said.

Jay Stanley, senior policy analyst with the American Civil Liberties Union, said fingerprint technology on its own raises security issues, but he called “liveness detection” a step in the right direction.

“Any security measure can be defeated; it’s a question of making it harder,” he said. The key to keeping biometric identification from becoming Big Brother-like is to make it voluntary and ensure that the information scanned is used exactly as promised, Stanley said.

Brian Wiles, a Miles mechanical engineering major, said it’s exciting to be beta testing technology that could soon be worldwide. “There was some hesitation, but the fact that it’s the first in the world — that’s the whole point of this school,” said Wiles, 22. “We’re innovators.” source – NY Daily News

 

Cashless Society

Forbes Magazine Publishes Open Letter To Facebook’s Zuckerberg: Call Your New Cryptocurrency ‘The Mark’ Instead Of Roman Empire Libra

Forbes Magazine writes open letter to Facebook’s Zuckerberg, tells him to call his new cryptocurrency ‘the Mark’ instead of Libra like Roman Empire coin.

Published

on

A gold-backed Mark would be a transformative move in the history of money. It would blow bitcoin out of the water and would generate an enthusiastic “Like” from billions of businesses and people, now and forever.
SHARE NOW THE END BEGINS:

The “Libra” was a measure of weight from the Roman Empire, and we know where that ended up. Don’t be bashful; call it the “Mark.” Germany ditched its mark—which it had been using since it created it after WWII—for the euro 20 years ago, so the name is up for grabs.

Forbes Magazine is a serious periodical for serious investors, they are not known for their humor. So it is with great interest that we see that Steve Forbes, CEO of the Forbes empire, has written an open letter to Mark Zuckerberg regarding his fledgling Libra cryptocurrency he is currently trying to get congressional approval for. Forbes had a novel suggestion for the social media magnate, he told him to call it “the Mark” instead of Libra. Wow.

“And he causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads: And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.” Revelation 13:16,17 (KJV)

We first told you about Libra back in June of this year, and all the hubbub surrounding it. I didn’t know until I read Forbes’ letter that the Libra was a measure of weight in the Roman Empire. Ever wonder why we abbreviate “pound” as “lb”? It stands for libra in the Latin. And upon further reflection while gazing at the Libra coin, those 3 little squiggly lines really do look like three 6’s stretched out.

But I’m sure all these things like calling it “the Mark”, the connection to the Roman Empire, and the three 6’s logo is all just coincidence. Just crazy, kooky, end times conspiracy theory coincidence. Sure is a lot of them, though. 🤔

Open Letter To Mark Zuckerberg

FROM FORBES MAGAZINE: Dear Mr. Zuckerberg. Your company made big headlines when it announced it would be launching a cryptocurrency called the Libra in 2020. Not surprisingly, given the nature of the times, the project has been greeted with intense criticism and skepticism. Don’t lose heart. In one sense, the idea of a company creating its own kind of money is an old one. The airlines’ frequent-flier miles are really a form of money that customers can earn and use to buy trips and various other things. Credit card companies, hotels and numerous retailers have all sorts of loyalty programs in which people earn points that will let them buy all manner of goodies.

But if you play your cards right with the Libra, you could be to money and finance what Henry Ford was to automobiles. Your new currency could take its place alongside the inventions of coins and paper money many centuries ago. It could replace the U.S. dollar as the global currency.

In one crucial area you’re already light years ahead of virtually all other cryptocurrencies: You realize the fundamental importance of a currency that’s stable in value. Money measures value the way a scale measures weight or a clock measures time. Most cryptos–whose values fluctuate violently from one moment to the next–are great as speculative vehicles, but they’re useless as real money. No one in his right mind would write a contract longer than 24 hours in bitcoin. With cryptocurrencies, it’s steak one day and dog food the next. But if you can invent a truly stable cryptocurrency that can actually be used for day-to-day transactions and for longer-term contracts and investment vehicles, you’ll be a winner.

Here are crucial tips to turn the Libra into one of history’s truly seminal creations:

Make it as good as gold. Backing your new money—as you plan to do—with a basket of currencies won’t cut it. In today’s monetary system the values of currencies jump up and down, so you won’t get the stability you need.

Countries that became global powerhouses–Holland, followed by Britain (Isaac Newton, as director of the Royal Mint, fixed the pound to gold at a ratio that held for more than two centuries) and then the U.S. (thanks to Alexander Hamilton)—all had their currencies linked to gold.

For a variety of reasons gold holds its intrinsic value better than anything else. It’s like a measuring rod. It no more restricts the money supply than the 12 inches in a foot restricts the size of a building you might wish to construct. All it means is that the Libra will have what no other currency has today: a fixed value. And that fixture will gradually make it the most desirable medium of exchange around the globe. People hunger for trustworthy money.

Your consultants, like most economists today, will be vociferously opposed to the yellow metal, burdened as they are by ignorance and countless myths and superstitions. This widely shared skepticism will actually be an advantage, as it will keep away well-capitalized imitators.

To get an accurate assessment of how a gold standard has worked before, read any book by historian/economist Nathan Lewis. You might also look at a book that I co-authored, Money, or the documentary In Money We Trust? that I recently helped produce for public television.

The Libra will be an unbelievably potent tool for prosperity by encouraging long-term investing. Without putting capital to work productively we stagnate. This is why you should ignore political cries to hold off on moving the Libra forward. If every great breakthrough depended on getting political sign-offs, horses would still be our principal means of transportation. You want the Libra to achieve a critical mass of users as quickly as possible—as Uber and Lyft did with their riders—which will prevent politicians from deep-sixing your invention.

And, by the way, you might consider changing the Libra’s name. The “Libra” was a measure of weight from the Roman Empire, and we know where that ended up. Don’t be bashful; call it the “Mark.” Germany ditched its mark—which it had been using since it created it after WWII—for the euro 20 years ago, so the name is up for grabs.

A gold-backed Mark would be a transformative move in the history of money. It would blow bitcoin out of the water and would generate an enthusiastic “Like” from billions of businesses and people, now and forever.

Sincerely, Steve Forbes READ MORE

Why Facebook’s Libra Faces a Tough Road to Becoming a Crypto Giant

In its quest to launch a digital coin, Facebook is hitting a series of snags as companies pull out of the project and regulators question the social-media giant’s ability to manage a currency. WSJ’s Paul Vigna explains the global backlash against Libra.

Now The End Begins is your front line defense against the rising tide of darkness in the last days before the Rapture of the Church

When you contribute to this fundraising effort, you are helping us to do what the Lord called us to do. The money you send in goes primarily to the overall daily operations of this site. When people ask for Bibles, we send them out at no charge. When people write in and say how much they would like gospel tracts but cannot afford them, we send them a box at no cost to them for either the tracts or the shipping, no matter where they are in the world. Even all the way to South Africa. We even restarted our weekly radio Bible study on Sunday nights again, thanks to your generous donations. All this is possible because YOU pray for us, YOU support us, and YOU give so we can continue growing.

nteb-gospel-tracts-street-preaching-end-time-last-days-bible-prophecy-dl-moody

CLICK IMAGE TO ORDER YOUR BOX OF NTEB GOSPEL TRACTS

But whatever you do, don’t do nothing. Time is short and we need your help right now. If every one of the 13,131 people on our daily mailing list gave $4.50, we would reach our goal immediately. If every one of our 151,781 followers on Facebook gave $1.00 each, we would reach 300% of our goal. The same goes for our 14,500 followers on Twitter. But sadly, many will not give, so we need the ones who can and who will give to be generous. As generous as possible.

“Looking for that blessed hope, and the glorious appearing of the great God and our Saviour Jesus Christ;” Titus 2:13 (KJV)

“Thank you very much!” – Geoffrey, editor-in-chief, NTEB

 


 

 

 

Continue Reading

Cashless Society

All American Credit Cards Will Disappear In 2015 And Be Replaced With RFID Chip Technology

The new EMV credit card system the U.S. is set to migrate to by October, 2015. Also going away is the ability to sign for your purchases, that will no longer be necessary.

Published

on

starting-2015-all-credit-cards-will-contain-rfid-microchips-use-pin-code-no-magnetic-stripe-mark-of-the-beast-666
SHARE NOW THE END BEGINS:

October 2015: The End of the Swipe-and-Sign Credit Card

“And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.” Revelation 13:17 (KJV)

Business Insider magazine reports a startling revelation today:

“Every credit card in the U.S. will be replaced by October 2015 with new cards that contain the chip-and-PIN technology that the rest of the world has had for years, according to the Wall Street Journal. Both Visa and MasterCard are committed to the switch, which will render extinct the plastic in your wallets and purses right now. No more black magnetic stripes; no more signing on the dotted line.” source

The new EMV credit card system in the U.S. is set to be rolled out by October, 2015. Also going away is the ability to sign for your purchases, that will no longer be necessary.

starting-2015-all-credit-cards-will-contain-rfid-microchips-use-pin-code-no-magnetic-stripe-mark-of-the-beast-666

THE MARK OF THE BEAST TECHNOLOGY SYSTEM IS EVERYWHERE YOU LOOK TODAY

Instead, you will enter a PIN to verify that you are the holder of the card. Removing the human element is one more step in the march towards the Mark Of The Beast system that will be in place during the Tribulation under the Antichrist.

Obviously, all this is leading to a microchip being placed inside every human being, which would be the only way to guarantee that your card will not be lost or stolen.

“Alas! for that day is great, so that none is like it: it is even the time of Jacob’s trouble; but he shall be saved out of it.” Jeremiah 30:7 (KJV)

Make no mistake about it, this will happen within our lifetime, within our generation. We are the generation that will see the Rapture of the Church of Jesus Christ, and the unsaved who will experience the time of Jacob’s trouble that will follow that event.

Just like God used Noah to warn the people for 120 years and then, in an instant, sent the first drop of rain that began The Flood. So now is God using His people, His watchmen, to warn and warn and warn until you are nearly exhausted from hearing about it. Until…

Guess what comes next? 

 

Continue Reading

Cashless Society

Apple Pay Puts RFID Microchip On The Back Of Your Hand For Cashless Payments

You can pay with Apple Watch — just double-click the button next to the Digital Crown and hold the face of your Apple Watch near the contactless reader. A gentle pulse and beep confirm that your payment information was sent.

Published

on

apple-pay-nfc-contactless-payments-mark-of-the-beast-iphone-666
SHARE NOW THE END BEGINS:

Preparing a lost world to receive the coming Mark of the Beast

Apple Pay is the latest offering from tech giant Apple in Cupertino, California, and judging from the massive amounts of millions of pre-orders for the new iPhone 6 it will be a smashing success. The interesting new wrinkle that has to do with bible prophecy is the addition of the Apple Watch which will accept and process real-time credit card payments as it sits on the back of your hand.

“And he causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads: And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.” Revelation 13:16,17

apple-pay-nfc-contactless-payments-mark-of-the-beast-iphone-666

Lost people are being indoctrinated to receive the Mark of the Beast and don’t even know it.

Funny thing about that, the bible says that the Mark of the Beast which will control all financial transactions will be located either in your forehead or in the back of your hand. Amazing coincidence, don’t you think? Apple Pay is not the Mark of the Beast, but it certainly is going to prepare lost people to feel no qualms of any kind about accepting the actual Mark when it comes during the Great Tribulation after the Rapture of the Church.

apple-pay-nfc-contactless-payments-mark-of-the-beast-iphone-666-cupertino-steve-jobs

EXACTLY WHERE THE BIBLE SAID IT WOULD BE

One touch to pay with Touch ID. Now paying in stores happens in one natural motion — there’s no need to open an app or even wake your display thanks to the innovative Near Field Communication antenna in iPhone 6. To pay, just hold your iPhone near the contactless reader with your finger on Touch ID. You don’t even have to look at the screen to know your payment information was successfully sent. A subtle vibration and beep lets you know.

Double-click to pay and go. You can pay with Apple Watch — just double-click the button next to the Digital Crown and hold the face of your Apple Watch near the contactless reader. A gentle pulse and beep confirm that your payment information was sent.

Now, if you’re smart you will avoid all of the coming terror that the scriptures tell us are right around the corner. Click here to miss the Tribulation.

Now The End Begins is your front line defense against the rising tide of darkness in the last Days before the Rapture of the Church

When you contribute to this fundraising effort, you are helping us to do what the Lord called us to do. The money you send in goes primarily to the overall daily operations of this site. When people ask for Bibles, we send them out at no charge. When people write in and say how much they would like gospel tracts but cannot afford them, we send them a box at no cost to them for either the tracts or the shipping, no matter where they are in the world. Even all the way to South Africa. We even restarted our weekly radio Bible study on Sunday nights again, thanks to your generous donations. All this is possible because YOU pray for us, YOU support us, and YOU give so we can continue growing.

But whatever you do, don’t do nothing. Time is short and we need your help right now. If every one of the 15,860+ people on our daily mailing list gave $4.50, we would reach our goal immediately. If every one of our 150,000+ followers on Facebook gave $1.00 each, we would reach 300% of our goal. The same goes for our 15,900 followers on Twitter. But sadly, many will not give, so we need the ones who can and who will give to be generous. As generous as possible.

“Looking for that blessed hope, and the glorious appearing of the great God and our Saviour Jesus Christ;” Titus 2:13 (KJV)

“Thank you very much!” – Geoffrey, editor-in-chief, NTEB

Continue Reading

Trending