Digital Transformation Project – Creating a sustainable non-profit monopoly

13

October

2016

5/5 (4)

Introduction

Netherlands Standardization Institute (NEN) has been supporting the standardization process in the Netherlands for over 100 years. Standards are often voluntary agreements between market players that joined one of NEN’s 480 standardization committees. They are laid down in documents managed by a standards organization, such as NEN. Popular standards include ‘ISO 9000 – Quality management’ and ‘NEN 7512:2015 – Health informatics – Information security in healthcare – Requirements for trusted exchange of health information’.

NEN is currently managing over 33.000 standards, which are available on their online store or for sale at their office in Delft. As some of the standards are required to be used by Dutch law, part of these documents are made ‘open access’ to the general public. Because NEN is a non-profit business organization, the profit margin on the sale of these standards is minimal. Parties interested in the standardization procedure bear part of the costs of the standard development process. This income, together with the proceeds from the sale of standards and the transfer of knowledge in training programs, ensures that NEN can carry out all its duties.

Standard development process

The development of a standard usually takes a few years and is divided into several stages. The first stage in the development of a standard is understanding the market demand and create a new work item proposal (NWIP). When there is enough support, stakeholders will be approached in the preparation stage. When there are enough interested stakeholders, the committee stage will occur. A committee will be formed out of the stakeholder’s pool. This committee will discuss the content of the new standard in the enquiry stage. This will occur in around-the-table meetings. Standards will be saved in Microsoft Word documents. The documents will be saved in a database called the ISOlutions program and automatically shared with other committee members. After the committee discussed and confirmed the content of the standard, there will be a ballot in the approval stage. Whenever there isn’t a majority supporting the standard, the content will be reviewed in the enquiry stage. However, if there is a majority, the standard will be approved and published in the publication stage (ISO, 2016).

Current model

The current strategy of NEN to consult its customers is to reach out through press releases. In this way, certain parties know that NEN is about to undertake a new activity that they might find interesting to join or comment on. A press release is shared on NEN’s own website (www.nen.nl) and send to specific publishers of magazines in a field coherent with the activity to reach experts on that field. Additionally, these press releases are shared in one of NEN’s sixteen email newsletters. Another more recent method of reaching out to potential customers is to share these press releases on LinkedIn with the aim of reaching a different audience (i.e. the audience that does not visit NEN’s website or reads these magazines/newsletters). However, as LinkedIn is not convenient for this approach and limited in terms of reachability (i.e. articles are usually only shared within NEN’s existing network) this method is not as effective.

Disruptive model

Through a community all stakeholders can get involved in the process of drafting standards: a community will make it easier to get in contact with other stakeholders to interact with a centralized system. Additionally, questions can be asked and answered among other stakeholders who are in the same field and therefore have a lot of inside knowledge. Also, by being active in the community answering questions, these experts will be more visible for third parties bringing additional value. Also, NEN deals currently with 150 questions a day about the norms. This can decrease when stakeholders can ask the questions in the NEN community and therefore will save NEN a lot of time.

A prospective community can be combined with NENCrowd (NEN’s crowdfunding platform) to offer additional benefits to backers. In this way, price differentiation is realized and thus a larger potential customer base can be served. This also works vice versa: If NEN’s prospective community attracts a lot of users, more and more people are getting involved. This can cause an increase in financial contributors.

Thank you for reading! Team 76

References

ISO (2016). ‘Voting and membership in ISO’ retrieved 11 October 2016, from
http://www.iso.org/sites/ConsumersStandards/voting_iso.html

www.NEN.nl

 

 

 

 

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Anonymous, hackers or hacktivists?

9

October

2016

5/5 (1)

With the digitalization of our society, the number of internet users has increased as well. In the year 2000, 414,794,957 (6.8%) users had access to the internet. Now, 16 years later 3,424,971,237 (46.1% of total population)users have access. (Internetlivestats, 2016). Of course, how more users on the internet, how more interesting it is for hackers to abuse their knowledge of the technical aspect of the internet.

Today I want to talk about one of the most well-known hackers organization Anonymous. Anonymous was founded in 2003, on the imageboard 4chan. Their members, so-called ‘Anons’ consider their selves as hacktivists, but what is the difference between a hacker and a hacktivist? A hacker is a person who gains unauthorized access to computer system. This can be either for good or bad reasons, but usually it is to deal damage to the system or in order to retrieve valuable information. (Merrian-webster.com, 2016) A hacktivist on the other side, is a person who gains unauthorized access to a computer system and carry out various disruptive actions as a means of achieving political and social goals. (dictonairy.com, 2016)

We can also differ white-hat hackers, which have good intention and black-hat hackers, which have bad intentions. White-hat hackers are usually computer system testers or security experts. Black-hat hackers are the hackers where you think about when people are talking about hacking, breaking into systems and dealing damage to those systems.

So before we place Anonymous into these categories, what have they done in the past 13 years? Let’s list up some, to my opinion, good actions of Anonymous:

  • Operation Deatheaters. (thousands of pedophile networks were shut down and names of visitors were published).
  • Shutting down hundreds of accounts, forums, websites of IS supporters
  • Leaking Bank of America corrupt and unfair mortgage practices.

On the other side, they did certain things which aren’t justifiable:

  • Hacking Sony’s systems in 2011. Caused a 10% stock value loss and published tens of thousands of private emails.
  • Putting personal information of HBGary Federal lawyers after Aaron Barr (CEO) said he had ‘cracked’ Anonymous. (Bright, 2012)

These are just a few examples of the hundred things Anonymous has claimed to do. Most good things they do have to do with publishing information and shutting down ‘bad’ websites. The bad things Anonymous is doing is mostly reacting to certain, in their eyes, bad deeds. Also, they respond to threats, like the HBGary Federal case.

So whether Anonymous is a good or a bad organization is a matter of perspective. I wouldn’t say they are white-hat or black-hat hackers/hacktivists. In 1996  at the DEF Con Hacking Conference they made up a new kind of hackers/hacktivists: grey-hat hackers/hacktivists. These are hackers/hacktivists which may sometimes violate the law, but not have malicious intentions like the black-hat hackers. I would say they are grey-hat hacktivists, what do you think?

Thank you for reading!

Feel free share your knowledge and opinions about this topic!

(Also, if you’re interested in Anonymous, check out the movie ‘We Are Legion'(2012)).

 

 

 

References

Bright, P. (2012, October 03). With arrests, HBGary hack saga finally ends. Retrieved from http://arstechnica.com/tech-policy/2012/03/the-hbgary-saga-nears-its-end/

Hacker. (2016, October 09). Retrieved from http://www.merriam-webster.com/dictionary/hacker

Hacktivist [Def. 1], (2016, October 9) Retrieved from http://www.dictionary.com/browse/hacktivist

Internet users. (2016, October 09). Retrieved from http://www.internetlivestats.com/internet-users/

La Monica, P. A. U. L. (2014, December 15). Sony hack sends stock down 10% in past week. Retrieved from http://money.cnn.com/2014/12/15/investing/sony-stock-hack/

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Technology of the Week – Will cryptocurrencies take over the world? (76)

6

October

2016

5/5 (1)

Today’s topic is the disruption of the current banking system. Within the current model, banks are involved in every transaction made. As a middle man, they have control over the process and usually charge a fee to carry out the transaction. Wouldn’t it be great to carry out a transaction between you and the other side of the world instantly and without transaction costs? With the introduction of the cryptocurrency, this has become a possibility. Let’s focus on two of the most popular cryptocurrencies and their underlying technology; the blockchain.

 

The Blockchain

The blockchain is a database that maintains an ever-growing list of records. These records are so called blocks. What is unique about the blockchain concept is that the database is distributed among every user of the blockchain. All these users have a copy of the same database, which is automatically updated around every 10 minutes. There is no user which has more information about the blocks than one another, therefore the blockchain has information symmetry.

Cryptocurrencies use this blockchain technology as an open and secure ledger of all transactions ever made. The blocks then contain information about the transactions, which will be authorized by miners. These miners are rewarded a small fee for their work.

 

Bitcoin

Let’s illustrate how Bitcoin works. Every user of the Bitcoin has an own wallet, which exists out of 26-35 alphanumeric characters. When a transaction is made, the Bitcoins are transferred instantly to the other’s wallet, without the interference of a middle man. The transaction is verified by miners.

More about mining: (Bitcoinmining.com)

 

Ethereum

Ether is another cryptocurrency based on the blockchain. Its decentralized system, known as Ethereum, can execute peer-to-peer contracts using the cryptocurrency ether. Currently, there has been interest in Ethereum from large firms like IBM, Microsoft and JPMorgan Chase to solve issues in various industries. The value of Ethereum is rising from 1 tot 12 dollars in 1 year. This relatively new currency is therefore a serious contender for a dominant cryptocurrency.

 

Bitcoin vs. Ethereum  

Pros     

pros

Cons

cons


Prediction

If we compare the pros and cons we see that the two cryptocurrencies both serve different purposes. Nonetheless, the question whether these cryptocurrencies will ultimately replace traditional money remains. Experts believe that the price of Bitcoin and Ethereum will only go up as it attracts more interest. This will also lead to a higher acceptance by (offline) merchants. However, the blockchain technology itself is the real innovation. Banks are gaining an interest in the technology for their own activities. So even if cryptocurrencies ultimately cease to exist, the blockchain will continue to thrive.

Thanks for reading. (Group 76)

Also please check out our video!

 

More information at:

https://blockchain.info/

https://www.bitcoinmining.com/

https://www.bitcoin.com

http://www.npo.nl/vpro-tegenlicht/01-11-2015/VPWON_1232890

 

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Is mining Bitcoins worth it?

3

October

2016

5/5 (1)

The legend says it all started in October 2007, when Satoshi Nakamoto published the whitepaper of the Bitcoin on the internet. In 2008 Bitcoin software was released and the Genesis block, block 0, was ‘mined’. Finally, on 9 January 2009, the first version of the Bitcoin was released. It included a Bitcoin generation system that would create a total of 21 million Bitcoins through the year 2040. So what is this mining? More important, is mining Bitcoins worth it for you and me?

The Bitcoin is the first cryptocurrency or digital currency. There are just two ways to get Bitcoins. Either buying them for traditional valuta or mining them yourself. Mining Bitcoins serves only one purpose. Authorizing Bitcoin transactions made in a certain period. The miners prevent Bitcoin users from spending their coins multiple times or committing fraud in a different way. Afterwards, the miners will be rewarded in Bitcoins.

So how does this mining work?

Everyone with a PC or a laptop can mine Bitcoins. In the beginning, miners used the processor in their computers to mine Bitcoins. After a while, they noticed that video cards of gaming PC’s were much better suited for the mining process. The video card will use it’s power to solve difficult math problems ( Hash’s) that authorize the transaction made between Bitcoin users. To start mining, you’ll need three things.

  • Mining hardware (high-end video card)
  • Mining software (downloadable for free)
  • Mining account

After you meet these requirements you can start mining. Mining has become more difficult the last few years, for several reasons. First, you got ‘The Bitcoin halving’. Bitcoin’s code commands that every 210,000 blocks, the number of new bitcoins created is cut in half. (Coinjournal, 2016). When Bitcoin was launched in 2009, miners were rewarded with 50 bitcoins per block. The second era started in November 2012, reducing the number of bitcoins earned to 25. The third era started in July this year, reducing the number of bitcoins to 12.5 per block. The second reason  is that the number of miners keeps increasing. How more miners, how smaller the chance you’ll solve the math problem and earn the Bitcoins.

So is mining Bitcoins worth it for you and me?

Mining has become a serious business in the last few years. The value of the bitcoin increased from $0.04 in 2012 to around $600 today. There are several huge mining rigs which are just built for mining Bitcoins. We’re talking about warehouses with thousands of video cards, million dollar investments and a lot of dedication. They use hundreds of thousands of dollars of electricity each month and only a few manage to mine efficiently. In the documentary ‘Het Bitcoin Evangelie’, there is an owner of such bitcoin mine who talks freely about his mine. (I’ll post the link below) Currently, it is barely profitable for individuals to earn money with Bitcoin mining with a single setup. A possibility is to join a mining pool, which is a group of individuals who mine together. Still, within this group, you will just earn a few dollars if you got a thousand dollar video card.

Conclusion: Mining Bitcoins as an individual with a gaming PC will only earn you a few dollars a day, even if you are within a mining pool. There are too many high-end players on the market with high-tech setups. You can compare it with the regular mining process. An individual can go mine for gold with his pickaxe but probably won’t succeed. If you group with 10 miners you will have more success, but there will always big mining organization who got the equipment to mine way more than you’ll be able to do as an individual. My advice: don’t start mining unless you are you really dedicated.

If you have any questions/comments, please share them!

 

 

More information about the Bitcoin and Bitcoin mining:

To fully understand the Bitcoin mining concept, I’ll share the next 2-minute explanation video. Credits to Bitcoinmining.com

Documentary about the Bitcoin (partly Dutch). 35:40 Is about the owner of a huge mining company

http://www.npo.nl/vpro-tegenlicht/01-11-2015/VPWON_1232890

 

 

Others interesting articles&websites

http://coinjournal.net/halvening-explained-infographic/

http://historyofbitcoin.org/

http://www.coindesk.com/information/who-is-satoshi-nakamoto/

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