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Biocarbon Engineering

It used to be that when someone heard the term “drone” the first thing they thought of was militaries flying unmanned aerial vehicles (UAV) over hostile territory to record valuable information or potentially even deploy weapons. With the advent of recreational drones, the focus has shifted, with many associating drones with fun, outdoor activities. Now, with significant increase in the consumer and commercial drone markets, there’s an entirely new set of potential implementations for the technology and the people utilizing it. North America Consumer Drone Market By Technology, 2012–2022 (USD Million) Consumer Drone Market Analysis By Product, Grand View Research The market for consumer drones has been growing consistently over recent years, especially after the Federal Aviation Administration (FAA) in the US was brought to court in response to an original decision requiring recreational owners to register their drones. Upon review, a and stated that recreational drone users would not need to register their drones. Now, a from the Trump administration requires owners to register, yet again. However, even with the on-again, off-again relationship with the FAA, drone enthusiasts are still involved in their hobby in large numbers. In 2016 it was reported that drone sales tripled in one year alone, according to research from . Ben Arnold, executive director and industry analyst for The NPD Group said in a that the growth can be attributed to many new uses for drones. federal appeals court deemed the program unlawful recent bill The NPD Group statement along with the published research “The drone category is continuing to take shape as new products and features such as 4K cameras, Bluetooth and built-in GPS, reveal an expanding range of use cases. The market is maturing in that respect.” With the growing market size and increased amount of uses across the board, drones aren’t just for fun anymore. Though they’re still great for capturing that perfect shot of the family campsite, here are 5 industries that drones are transforming. Cinematography (by on ) William Stitt Stocksnap The film industry is one area that likely isn’t going to come as a surprise to most. Out of all the possible uses of drones, filming with the small unmanned aircraft is one of the crucial functions of such devices. As camera and recording technology continues to improve and be made smaller, lighter, and easier to attach to aerial vehicles, the benefits of using drones in the film industry grow nearly exponentially. For filmmakers, there are two distinct advantages of drones on sets: versatility and cost-efficiency. Unlike traditional filming from the sky (think ), drones can film in extraordinary spaces and capture unique shots not previously accessible. Filmmakers are able to use drones to get distinct shots in narrow spaces like alleyways and canyons and operate much closer to the ground than a traditional aerial film crew (for example: drones can record flying through windows and doors then smoothly transition to an aerial shot). Good luck trying to fit an through a dense forest or office window. camera crew in a helicopter H125 The other advantage drones bring to the film industry is cost-efficiency in a major way. Because of how much more affordable drones are (you can pick up a Phantom 4 “Ultimate Bundle” for under , whereas an H125 starts in the high six figures and low seven figures), so production crews can purchase the equipment on their own without breaking the bank. Or, if their budget is even tighter, production crews can hire licensed drone operators who specialize in filming for an even lower price to film the footage needed. While drones and recording needs, there are plenty of times during shooting where a helicopter‘s job can be done instead by a drone. Combine that with the cost savings and the barrier to entry for the aerial filming, and the market is drastically reduced, opening up opportunities for smaller production teams. $2,000 on Amazon can’t handle all conditions Alternative Data Collection In the financial space, so-called “alternative data” is growing in popularity. Alternative data refers to any kind of data investors can use that comes from a nontraditional source and provides additional insight into a prospective investment. While companies will hand over relevant information to investors, there are additional ways of gaining insight come directly from the standard financial paperwork. Drones are playing an increasingly important role in the growing sector for alternative data because of their versatility. Alternative data includes a wide array of information like parking lot traffic at any given retail location, the status of mining operations, land development, and nearly anything else investors may be interested in. It’s clear that drones can collect impressive amounts of data, though currently this drone usage is still in its infancy. With the ability for drones to offer cost-effective, highly accurate data to investors, this is one area that Quandl, one of the leading providers of alternative data in the financial sector, is . keeping an eye on for future developments Geospatial Drone footage is able to provide an incredible amount of not just data, but also detailed information about geographical locations as well. Unlike satellites, which are expensive and greatly affected by weather conditions like rain, clouds, and darkness, drones are versatile, more cost-effective, and can collect geographical data in less than ideal conditions. Because of the benefits of operating drones, it’s now much more practical to collect real-time, accurate information. Drones are already in use offering detailed images and information for HD mapping, a necessity for the incoming wave of autonomous vehicles that require more sophisticated maps. As Leslie Hook with the puts it, these cars “need a map, but not just any map — these cars need a three-dimensional representation of the environment around them, one that is updated continuously and is accurate down the centimeter.” Financial Times Companies like are using a combination of drones and on-board devices to create detailed maps that will be a necessity in the near future to aid self-driving vehicles, while others like are studying the use of drones to actually guide the vehicles in question. Sanborn Ford Outside of the realm of autonomous vehicles though are new ventures such as Soar, which is leveraging the usage of drones to develop the geospatial industry as well, though taking a bit of a different approach. is a blockchain-based startup looking to create the world’s first decentralized global super-map using drone content contributed by users in the network. Users on the platform can use their own drone footage and information generated to update a massively detailed global map (i.e. a “super-map). Being , all information about the timing, location, and content creator of recorded footage will be immutably written on the blockchain for future reference ensuring accountability. This decentralized, blockchain-based approach is using drones and the global community to crowdsource the creation of the most detailed super-map of the Earth. It’s quite an ambition, but drones are one of the key driving forces that can make it happen. Soar blockchain-based Currently, the closest we are to a “Super map” is Google Earth, which is great for getting a large view of the globe and some streets, but when introducing drone content to the equation, users will have a far more detailed picture of the entire globe with offerings unavailable from traditional satellites. Manufacturing Though it may not be the first thing that comes to mind when you think about drones, the new UAVs are making their way to the manufacturing process as well. Often we might think about robots taking over the production process of good (think robotic arms assembling vehicle components), but there’s room for drones along the way as well. What we’re seeing now is the introduction of drones for nearly every step of the manufacturing process including warehouse organization, inventory control, and supply chain management to aid the rest of the process. Some of the biggest examples of drones in the manufacturing process include inspecting and monitoring quality. In the warehouse, drones using a variety of methods including barcodes, QR codes, or RFID. And that’s really just the beginning of their use. With the internet of things (IoT) constantly developing and becoming more integrated, we could likely see drones running all kinds of tasks in the production process to maximize efficiency and safety for workers. Just look at where Amazon is potentially . measure inventory and keep records up-to-date headed in the near future Agriculture Last but not least is the agricultural industry. Agriculture has been one of the top industries to capitalize on the advancement of drones and the opportunities they provide. With their ability to collect alternative data, create detailed 3D maps, and perform tasks in a much more cost-effective manner, the uses for drones in agriculture are numerous. According to , of the vast number of drone possibilities in agriculture, some of the biggest benefits that stand out include soil and field analysis, planting, crop spraying, monitoring, irrigation, and health assessment. New drone-related startups have created drone-planting systems that are estimated to save producers on planting costs by up to 85% because of their efficiency. In fact, the startup which is working with the in Myanmar, is supplying drones capable of planting as many as . That’s an efficient process. MIT BioCarbon Engineering, Worldview International Foundation 100,000 trees in a single day In addition, drones are able to report real-time information about the health and development of crops as well as record information using hyperspectral, multispectral, or thermal sensors about which areas of the property are dry and need improved irrigation. This information can then be used to make proper adjustments to ensure the highest efficiency possible and reduce waste. There are vast implications for the growing tech trend outside of recreation that mean big things for the rest of the economy. From the film industry to agriculture, there are uses for drones in essentially every industry imaginable. Beyond these five fields, drones are being used by governmental organizations, building and monitoring infrastructure, transporting goods, and really any other business you can think of. Have you thought about drone implementation in industry? your

Pleasure and Business Merge, Here Are 5 Industries Drone Tech Is Transforming

Web3 and DeFi are hot and trendy topics these days. However, many people don't know what they actually mean. And this is not because they are too lazy to check in with Google. There's just way too much hype and fluffy marketing out there that can make any crypto-beginner feel like their heads will explode with all this groundbreaking stuff. Also, some companies have habits to promote themselves through trends instead of substance. It is the same as with "organic/nano/bio/carbon-free" stickers, in fact advertising only words and phrases often used on products or services that have nothing to do with them.
The same goes for Web3 and DeFi when they are used like ultimate certificates verifying disruptive and decentralizing potential of online projects, even when there is none. Take Meta metaverse as an example. At the end of the day, a user is left with confusion: How to draw the line between Web3 and non-Web3 projects? Why do some have the Web3 label, while they are developed by the same tech giants that have been controlling much of the present Internet (Web2) for years and don't seem to change anything about their centralized governance model and data storage policy? So with all the hype going around, the distinctions between Web3, DeFi, and ordinary mortal online business sometimes can be blurred. We are here to fix it. Let's dive in. What does Web3 actually mean? Probably you might have met Web3's definition as a new-gen Internet that will give users more freedom of interaction. Well, it's pretty popular to define Web3 through some core human values. Web3 will make you free and independent, they say, like it's a new blueprint for the Liberator, but blockchain-powered. (Lol) Let's cut the fluff and see what Web3 really is. As long as there's no firm official definition for it yet, we can allow some freestyle with explanations. Let's look at Web3 from narrow and broad perspectives. Web3, in the narrow sense, refers to a new vision of the Internet: decentralized, blockchain-powered, and empowering p2p transactions. This cutting-edge Web aims to overcome the disadvantages of today's Internet, i.e., Web2, that creates a plethora of limitations and risks for users. One of the most negative aspects of Web2 is that it is, in fact, monopolized and controlled by the cartel of upper-echelon tech giants like Google, Facebook, Amazon, etc. The cartel has an unlimited capacity to dictate to users the rules of their interactions and what content they are allowed to publish, what fees they have to pay, what data to provide, etc. Web2 users have no other option but to look up at a tech giant intermediary and interact according to its "accept-or-die" consensus algorithm. That doesn't seem fair. At the same time, the Web2 cartel has complete discretion over users' data – they can sell it, disclose it to third parties, or use it to manipulate consumers' perception for advertising purposes. Yes, history already knows of such cases. Web 3.0 is tasked with the mission of getting done with this imbalance of power and breaking users’ dependency on tech giants. Instead, Web3 offers a new environment, where users will be enabled to interact peer-2-peer without the need to follow 3rd party’s rules and remain in total control over their data and identity. Here is an excellent , one of the pioneers and leaders of the Web 3.0 movement, explaining this vision of a new form of users’ interactions: quote by Gavin Wood “Web 3.0, or as might be termed the “post-Snowden” web, is a reimagination of the sorts of things that we already use the Web for, but with a fundamentally different model for the interactions between parties. Information that we assume to be public we publish. Information that we assume to be agreed, we place on a consensus-ledger. Information that we assume to be private, we keep secret and never reveal”. So let’s say that tomorrow, your familiar Web would look radically different: new browsers, UX, different ways of communication, no need to adopt third-party terms and conditions that are never in your favor, and no risk of being blocked by a platform’s algorithm. Only you and your peers would set the rules, drive interactions and get rewards. No helpers. No need for anyone’s permission and consent. The technology behind Web3 Here are the key technological fundamentals that would make Web3 a reality: Decentralized blockchain protocols Public, interconnected (interoperable) decentralized blockchain protocols are the foundation of Web 3. The main job of the protocols is to ensure trusted transactions between users, strong privacy in their interactions, as well as distributed and censorship-resistant data storage. Smart contracts They are the key facilitators of blockchain protocols’ work. Smart contracts are programs that automatically self-execute upon certain conditions being met. They are tamper-resistant, which means excluding the risk of any interference or modification of their terms in any way. In Web 3, among other things, they also drive such vital elements of its ecosystem, like DAOs and distributed data storage. DAOs A DAO, or “Decentralized Autonomous Organization,” is a community-led online entity with no central authority. Unlike traditional companies, DAOs eliminate the hierarchy of corporate management bodies and offer a decentralized governance model. Voting, decision making, distribution of dividends, execution of the agreed-upon decisions, and other business-related matters are regulated by the rules laid down in blockchain-based smart contracts and performed by them automatically. This is done to exclude any risk of human error or manipulation with votes. Neither a sleazy CEO nor pushy shareholders would have any chance to manipulate the entity’s work to their benefit. The point is that it’s safer to rely on algorithms rather than on humanity’s goodwill. We all know man is weak. Distributed data storage What does it mean? The vision is to ensure that users’ information is stored sliced to multiple independent network nodes instead of one server that is not under users’ control. This distributed approach will procure high-quality data protection, as well as enable users to manage their data, encrypt and keep it private, authorize access to data, and backup the storage. Crypto payment networks It would be nothing new to say that crypto pioneered the principles of decentralization and anonymity, which are now at the core of Web 3.0. Contrary to fiat payments, which immediately bring nation-state borders along with regulatory complexities and limitations, crypto has offered an alternative financial paradigm — peer-to-peer trustless and anonymous transactions with no intermediary involved. Web3, in the broad sense, means a better framework for sharing economy. The concept of sharing economy (or shared economy) existed before Web3.  In general words, it stands for an economic model defined as a (P2P) based activity of acquiring, providing, or sharing access to goods and services that is often facilitated by a community-based online platform. peer-to-peer This sounds pretty similar to what Web3 offers. Uber and Airbnb are the most prominent examples of Web2 sharing economy projects. But the problem here is that the way they operate is far from being in line with sharing economy philosophy. In fact, these projects act as intermediaries in what are supposedly peer-to-peer transactions leaving participants with no option but to follow the terms and conditions on offer. Also, the distribution of revenue generated on such platforms among participants quite often doesn’t work for their best interests. Clearly, the term “sharing economy” has been misappropriated in these examples and would be better replaced with a more accurate term such as "pseudo-sharing." Contrary to this, the Web3 sharing economy offers a real peer-to-peer environment wherein users are able to define their own rules of doing business and interact directly with each other without having to share their revenue with any third party. Today the most developed sector of the Web3 sharing economy is decentralized finance or "DeFi" for short. By February 2022, DeFi’s has reached $93 billion. total market cap DeFi as a sector of Web3 economy DeFi is a blockchain-based concept of an alternative financial system aimed to replace the traditional. The goal of DeFi is to provide an open, permissionless, and tamper-proof financial infrastructure, which would allow easier access to the same financial services like payments, lending, insurance, borrowing, trading, etc., as well as inventing new ones without limitations of multiple cross-border inconsistent regulations and bureaucracy. As a constituent component of the Web3 economy, DeFi sticks to the same : ideology trustless  p2p transactions in the absence of a middleman, powered by blockchain technology, and user’s full control over their funds and personal data. With the use of open-source code and great availability for developer tools in DeFi, participants can experiment with more financial instruments. They can also upgrade old ones and create new products without seeking authorization from regulatory watchdogs. When comparing DeFi to traditional financial systems, they differ primarily on the following points: In DeFi,  a public blockchain acts as the trust source, governing all operations in the financial sector. In contrast, in traditional finance, trust comes from regulatory and licensing activities of authorized state bodies (like security exchange commissions, central banks, etc.). Source of trust. . DeFi has no entry barriers. Its participants are only expected to understand how DeFi works and how to deal with it. No official certification is needed. Entry barriers .  In DeFi, anybody with programming skills can take part in building financial services and tools on top of public blockchains. Unlike traditional finance, in DeFi, newly created products do not require being approved or licensed by a regulator. Freedom of financial engineering One of the most important goals of DeFi is to enable seamless cross-border transactions at a low cost. To achieve this, DeFi projects apply a . This means that blockchain protocols (Layer 1) are paired up with Layer-2 scaling solutions called “state channels”, allowing users to transact with one another directly outside of the blockchain (i.e., off-chain) and minimize their on-chain operations only to the specific necessary sequences. Speed and cost of transactions. two-layer concept So wrapping it up, DeFi seeks to revolutionize the financial sector by leveraging a set of progressive technology,  offering extra functionality in addition to reducing operational risks. How do Web3 and DeFi impact each other? Web3 sets both the technological and economic frameworks for the DeFi sector. As the , Web3 enables technology in finance secure seamless and permissionless cross-border transactions at low cost and without bureaucratic handicaps transparency of user interactions and tamperproof records of transaction facts (like price, the total volume of debt, etc.) privacy and full control of financial data trustless governance model based on smart contracts, eliminating  any risk of 3rd party manipulations and interference, and absence of legal paperwork and requirements of regulatory/supervisory bodies. As the , Web3 economic framework democratizes access to finance so that everyone can explore it due to the absence of any qualification requirements, allows one to creatively engineer an unlimited variety of  income sources eliminates dependence on the banks globalizes finance and, as a result, changes the whole macroeconomic paradigm. Key Takeaway As Web3 evolves, so does the DeFi sector. Combo of them both is one of the most incredible examples demonstrating how cutting-edge technology can revolutionize the existing order of things and unlock a unique path towards opportunities that were never before imaginable. Want to learn more about Web3 and DeFi? | | | Yellow Network website OpenDAX v4 stack GitHub Twitter Telegram Stay tuned as Yellow unveils the developer tools behind Yellow Network, brokerage nodes stack, and community liquidity mining software!

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