Three attacks on the Zaporizhzhia nuclear power plant in Ukraine have been confirmed by the International Atomic Energy Agency since 7 April.

Ukraine: World 'dangerously close' to nuclear accident after Zaporizhzhia power plant attacked three times | World News | Sky News

The Trypilska thermal power station, a major electricity supplier to Kyiv region, was destroyed by missiles on April 11.

Ukraine warns it lacked missiles to protect power plant from Russian attack | Russia-Ukraine war News | Al Jazeera

Some Scottish Power customers will receive an average of nearly £300 after being overcharged.

Scottish Power pays compensation over energy direct debit blunder - BBC News

Supplier mistakenly charged direct debit customers at rate meant for those who pay when they get bills

Scottish Power to pay out £1.5m after overcharging 1,700 households | Energy industry | The Guardian

Power

The energy sector is undergoing a paradigm shift as the world clamors for more environmentally friendly energy solutions — and with it, the need to develop innovative power products. In this article, we'll explore how energy industry trends affect innovations and lead to a more sustainable future. Technological advancements have already revamped many facets of the energy sector, from production to transmission and storage. The mere presence of smart grids, energy-efficient appliances, and other innovative energy solutions is invaluable. However, it is essential to acknowledge that while these innovations may have some differences, they all share a common goal — prioritizing sustainability and increasing our reliance on renewable energy sources. The ELEKS’ Head of Product Design Office, Oleg Slyusarchuk shared his expert opinion on the main trends that are driving the development of sustainability-driven digital products for the energy sector. Staying up to date with key energy industry trends 1. Renewable energy revolution The world is undergoing a renewable energy revolution, and it's time to embrace this change. With the increasing demand for energy and the growing concerns about climate change, green energy sources such as solar, wind, and hydropower are becoming more popular. According to , solar and wind energy consumption is expected to surge 11% during 2023. Economist Intelligence Harnessing the power of renewable energy revolves around a fundamental principle — tapping into an endless supply of natural resources within our environment and converting them into practical electricity or sustainable fuels. In this pivotal endeavor, product design assumes a crucial role, driving the creation of groundbreaking solutions to capture, store, and effectively harness renewable energy. As consumer demand for sustainable energy sources like solar and wind power continues to rise, energy companies find themselves at a pivotal juncture to proactively meet this demand. They have an opportunity to embrace renewable energy themselves and provide customers with renewable energy choices. These options can encompass community solar initiatives and eco-friendly energy tariffs, empowering consumers to participate in the clean energy movement. Moreover, individuals are increasingly interested in generating power through distributed energy resources (DERs) like solar panels and energy storage systems. By offering DER solutions and services such as net metering and virtual power plants, energy companies can effectively cater to this growing preference for decentralized energy generation and consumption. With an array of innovative technologies available to generate power from renewables, this trend has become one of the most significant developments within the energy industry today, and many governments, companies, and individuals are already reaping its benefits. Renewable energy: real-life applications With the help of the European Union, small and medium enterprises in Kosovo have embraced the promising realm of renewable energy, reaping remarkable rewards. For instance, Forma SHPK, a medium-sized enterprise specializing in plastic product manufacturing, made a strategic investment in solar panels. The outcome has been twofold: a substantial reduction in energy expenses and a significant stride toward environmental preservation. Forma SHPK successfully installed a robust system, resulting in an impressive 80% reduction in energy costs. 112kWp solar panel 2. Energy storage transformation While renewable energy sources offer immense benefits, they often face a significant challenge: maintaining a consistent output throughout the year. Solar panels excel in sun-drenched regions but cannot generate power at night or during cloudy days. Similarly, wind power can be a potent source of electricity, but it relies on the whims of the wind. Recognizing this, the renewable energy sector has embraced a crucial trend: finding innovative ways to store surplus power when production conditions are optimal. Storage projects in power applications primarily aim to accumulate excess renewable energy and unleash it when needed. This stored energy is pivotal in alleviating grid strain during peak periods while empowering prosumers to profit from expensive energy purchases. Energy storage technologies, including batteries and pumped hydro storage, are increasingly vital in shifting toward customer-centric energy ecosystems. Energy storage enhances resilience by effectively balancing the grid and providing backup power during outages. Furthermore, it enables customers to store energy generated from their own distributed energy resources, harnessing it at their convenience. Many companies have entered the energy storage market diligently working to address the energy storage challenge. Energy storage: real-life implementations By leveraging the intermittent power generated by renewable sources like solar and wind, Energy Vault's, a Swiss startup, the innovative solution ensures a consistent supply of baseload power around the clock. Inspired by the proven concept of pumped-storage plants, their system harnesses the power of gravity and the movement of water to deliver unparalleled performance. Another example is Energy Storage Technologies’ solution, that revolves around a hydrogen on-demand (HOD) system. Setting itself apart from conventional methods, this innovative system eliminates the need for compressors and tanks by producing hydrogen precisely when needed. Furthermore, STOREH's storage solution employs natural and environmentally friendly materials like zinc and water. STOREH 3. Digitalisation revamping the energy sector The imperative of digital transformation reverberates across industries, with the energy industry no exception. As the array of energy sources expands, managing such a dynamic system requires highly sophisticated automation and analytics. Supporting technologies, including predictive artificial intelligence, machine learning, the Internet of Things, and blockchain, play a pivotal role in studying demand patterns and dynamically adjusting power allocation across distributed grids. The power of digitalisation and data analytics takes centre stage in the seamless integration of distributed energy resources and energy storage into the grid. By harnessing these transformative technologies, customers can access real-time information about their energy usage and associated costs. Thus, customers can make informed decisions about their energy consumption, optimising efficiency and cost-effectiveness. Simultaneously, utilities benefit from the ability to effectively manage the grid, promptly responding to fluctuations in supply and demand. This synergy of digitalisation and data analytics empowers customers and utilities to navigate the energy landscape with precision, ensuring a harmonious and dynamic energy ecosystem. At the forefront of this digital revolution, smart grid infrastructure is a prominent trend in the energy industry. Smart grids leverage advanced sensors and automation systems to enhance efficiency and curtail power wastage within distribution networks. This empowers utilities to optimize resource management, bolstering reliability by mitigating issues like overloaded circuits or equipment failures, thus minimizing outages. In technological advancements, autonomous energy systems are poised to gain significant traction in the coming years, primarily fueled by strides in AI and ML. These innovative systems enable utilities to monitor their operations autonomously, identifying areas for improvement and optimizing performance with minimal reliance on manual intervention from on-site operators and technicians. This pioneering shift towards autonomy promises enhanced operational efficacy and streamlined maintenance processes. Digitalization in the energy industry: real-life solutions At ELEKS, we have years of experience addressing the challenges of the energy sector with advanced digital products. We have developed our own solution, , a software product crafted by the experts at ELEKS to revolutionize real-time power systems management within vast power networks. This solution empowers organizations with automated system stability analysis and optimized load flow calculations, resulting in unparalleled operational efficiency. By centralizing data storage and equipping users with specialized data management tools. DAKAR DAKAR's impact extends beyond the realm of efficiency as well. During times of adversity, such as constant missile attacks on the electric power system in Ukraine, DAKAR played a pivotal role. By modeling the optimal plan to power critical infrastructure, it skillfully balanced reduced power generation and current consumption, creating a schedule for emergency shutdowns. This critical functionality helped maintain the stability of the power system, safeguarding essential services even in the face of imminent threats. While the energy and power business landscape constantly evolves, we can see that no trend is set in stone. To successfully navigate this intricate environment and stay ahead of the competition, more and more companies are turning to sustainability consulting experts like ELEKS, who possess the knowledge and expertise to guide them toward a greener future. Conclusion The energy industry is undergoing a remarkable transformation driven by the need for sustainability and the increasing demand for environmentally friendly energy solutions. Technological advancements have revolutionized various aspects of the energy sector, developing innovative power products. These products prioritize sustainability and rely on renewable energy sources, aligning with the global movement towards a more sustainable future. Renewable energy, innovative energy storage solutions, and digitalization are among the key trends shaping the energy industry. Real-life examples illustrate the successful implementation of these trends. From medium-sized enterprises in Kosovo adopting solar panels and reducing energy costs to Swiss startup Energy Vault's innovative solution for consistent baseload power, there are tangible benefits to embracing renewable energy and energy storage. The impact of digitalization is evident through software solutions like DAKAR, which revolutionize power systems management and ensure operational efficiency and stability. Also published . here for sustainable solutions and expert guidance in the energy industry's evolving landscape. Let's build a greener future together. Contact us today

Energy Industry Trends Fueling the Evolution of Power Products

Tendencias de la industria energética que impulsan la evolución de los productos energéticos

Les tendances du secteur de l'énergie alimentent l'évolution des produits énergétiques

ऊर्जा उद्योग के रुझान बिजली उत्पादों के विकास को बढ़ावा दे रहे हैं

汎用製品の進化を促進するエネルギー業界の動向

Tendências do setor de energia alimentando a evolução dos produtos de energia

Xu hướng ngành năng lượng thúc đẩy sự phát triển của các sản phẩm năng lượng

能源行业趋势推动电力产品的发展

Nowadays, we are trying to use common approaches and well-known patterns to create an application with minimum effort and maximum value. We have great libraries and powerful frameworks that do routine operations for us. All that we are using in order to focus only on business logic. However, this chasing quite often leads us to , especially when it comes to implementing a feature without any ready solution for it. spaghetti code In this article, I want to share with you one powerful tool that, in my experience, not all developers value. Most programming languages have this tool, and it is a very often used tool in many frameworks - annotations. Do you like spaghetti? Let's look into an example that I bumped into a couple of years ago. I needed to implement excel spreadsheet parsing to put the parsed data into the database and vice versa - I needed to collect some data from DB and create a spreadsheet. In order to implement it, I used a well-known java library - . API of the library allowed to work on a low level and create a sheet, row, cell and etc., manually, which is very flexible, but code becomes absolutely not readable and unsupportable when it is needed to generate different excel spreadsheets. Since, as it usually happens, I needed to implement the feature in a short period of time, the first version of the application was terrible. Apache POI The implementation consisted of a data class which was a representation of a row with all the fields that are needed to parse. And a parser where the excel fields were parsed cell by cell and were put to the newly created instance of the data class. Nevertheless, the program was working perfectly and did what it needed to do. Problems started when the time to add some modifications came; the code was not readable. Even I, who wrote the code, couldn't find the right place to put the new lines to implement the new feature that I needed. Annotations. The rescuers The solution that saved the application from this spaghetti code was annotations. To get rid of the unsupportable code, I needed to put the logic of defining what column should be parsed, what data type contains in the cell, etc., to another place. And of course, the best approach here was to put this responsibility into the entity itself. I have created an annotation where I could put the name of the column for each field of the class. In the annotation, I also added a variable by which I could choose the color and font of the cell. By that, the code in the parsing class was drastically reduced. It was only one handler that dynamically created a spreadsheet by parameters taken from the annotations. It was a victory. Then to add any modification to the application, I just needed to create a class with the annotations. The solution worked pretty much similar to Jackson library, which parses a JSON using annotations, and there is no need, I think, to tell how convenient Jackson or similar libraries are. ({ElementType.FIELD}) (RetentionPolicy.RUNTIME) ColumnExcel { ; ; ; ; ;

} @Target @Retention public @interface String "" name () default int position () ExcelColumnDataFormat ExcelColumnDataFormat.NONE cellTypePattern () default IndexedColors IndexedColors.AUTOMATIC cellColor () default ExcelTotalFormula ExcelTotalFormula.NONE total () default ColumnExcel columnExcel = field.getAnnotation(ColumnExcel.class); With evolving, the application got a new annotation using which a cell with a function inside could be created in the spreadsheet. The different fields could be multiplicated, subtracted and any common excel functions could be used in the generated spreadsheet. Also, the summary row has been added to show the sum by a column. And all that was done only by slightly modifying the main parser and just adding annotations to the classes. (
            name = ,
            position = ,
            total = ExcelTotalFormula.SUM) BigDecimal variableC; (
            name = ,
            position = ,
            cellTypePattern = CellDataTypeFormatPattern.PERCENTAGE
    ) { CellAddress(rowNumber, ).formatAsString() + + CellAddress(rowNumber, ).formatAsString();
    } (position = , cellTypePattern = CellDataTypeFormatPattern.RUR) { + CellAddress(firstRowNum, ).formatAsString() + + CellAddress(lastRowNum, ).formatAsString() + ;
    } @ColumnExcel "Views" 4 private @ColumnExcelFormula "Conversion" 5 String public variableD ( rowNumber) int return new 4 "*" new 2 @ColumnExcelTotalFormula 4 String public static getVariableCTotalFormula ( firstRowNum, lastRowNum) int int return "SUM( " new 4 ":" new 4 ")" Conclusion With metadata, the code became more readable and much easier to support. Of course, annotations are not the fastest solution in terms of execution time. It uses reflection to get parameters in runtime, which consumes more time than the straightforward implementation. But does the game worth it today when we have very powerful hardware?  This question is for each of you to decide we would prefer a couple of seconds faster or readable and easy to support solution.

The Power of Metadata: How to Deal with Spaghetti Code

A common perception about the so called cryptocurrency space is that it empowers people by giving them the ability to mint their own coin and compete with it on the open market. We hear about the web 3.0, the tokenized economy and the blockchain revolution. There seems to be very little real understanding of what blockchain actually does, why it’s important or what differentiates Bitcoin from all the other cryptocurrencies. Now all you blockchain proponents out there, once and for all, get this through your thick skulls — the crucial thing that makes Bitcoin valuable at all is its . That’s it. The blockchain was invented for one purpose and one purpose only. It’s not good for anything else. No one on earth can create new Bitcoins. Anyone capable of pressing ctrl-c and ctrl-v on a keyboard can create a new cryptocurrency. Gold is rare, fake gold is not. the fixed money supply The way in which Bitcoin transfers power to the people is not through the web 3.0, the tokenized economy or the blockchain revolution but through holding Bitcoin, which no government tax collector, no vampire banker nor snake-oil salesman altcoin visionaire can leech upon. It is not a socialist idea in any way, shape or form. Nor is it a capitalist one in the current, Keynesian definition of the word. It is more akin to a time when it was costly for those in power to steal from the people since it involved paying them a visit and taking their gold and valuables with brute force. Bitcoin is a shield against theft and whether that theft is carried out disguised as taxes, inflation or fees doesn’t matter. This is what Bitcoin does. It stays the same over time and space. This might not sound very empowering short term but Bitcoin is not about short term thinking. It’s about disrupting the destructiveness of short term thinking. You can pass it down through generations carried in the brains of your offspring and no one can do anything to stop that from happening. This happen. It happening. Right now. will is Like the privileges that came with titles given to the feudal lords several centuries ago still echo and give advantages to their descendents today, the descendants of today’s Bitcoin holders are likely to enjoy privileged positions in the future. This time around however, it is no longer up to the current sociopath on the throne to decide whos grandchildren gets to enjoy the boarding school life style. This time, the power to pass wealth on to your children is in your own hands, which should provide you with at least some incentive to save some of your assets for less fortunate times. People in general will continue to make bad financial decisions. No government or financial advisor can prevent this. People will take part in pyramid schemes and people will ignore inflation when thinking about their economies. Equal financial outcome for a population is not only impossible but also undesirable for a plethora of reasons as proven by the failure of communism. Equal opportunity however, be something to strive for everywhere. Satoshi Nakamoto gave us humans a tool to start from scratch with and build something durable. Opportunities can’t get much more equal than that. This is in the only meaningful sense of the expression. Should opportunity never knock, build a door. should power to the people

Power to the people?

Blockchain — a global leading software platform for digital assets, a digital ledger designed to virtually record financial transactions, as well as everything of value. Originally created for Bitcoin, the blockchain technology is now looking for its other uses. Not all blockchain operations are about Bitcoin or some other cryptocurrencies. Blockchain has many other opportunities, such as smart contracts and other transactions. The blockchain database is distributed across a network of computers, leaving no place for hackers. Its system is completely transparent, where all users can see the transactions and changes made on the public blockchains. That is why many industries are working on blockchain implementation into their sectors. One of these industries is the . energy industry The current process of energy innovation contains blockchain. Today, we are looking at the next step for the blockchain technology, as it is considered as a prospective player in the energy world. Blockchain can help us to have a better and modernized power grids. It is possible that the blockchain will be used to distribute or fund power sources, because it is a great tool for modernizing the power grid. Utilizing blockchain in power means that blockchain attempts to improve the current power grids by making them power grids. smart Technology improves our lives every day. The blockchain is a decentralized network that helps in securing the information while allowing users to see what data is stored on a blockchain. . Therefore, the blockchain technology can be a great solution for electrical companies to create their smart power grids When some sector suffers a failure, every process is brought through a dead end, and the people are working on repairing the grids to continue their work. Power outage could cause profit loss, and a fallen power grid is considered as a horrible task for the companies that could take a lot of time to fix. How can blockchain prevent failures in power grids? The process of tracking a failure in power grids will become better with blockchain. Power grids will be able to communicate, and it will be easy for them to notify companies in case of a failure or a blackout. One of the reasons why blockchain seems to be a promising application is because the power grids will be able to quickly transfer their status to the companies so that the companies can detect problems faster. With usage of modern technology and smart blockchain network, power grids can be able to send suggestions to the authorities on what tools and devices are need to bring the power grid back in normal, working condition. Moreover, if a company suffers a failure, the repairing process will be shorter and faster with blockchain. We believe that utilizing blockchain in power grids will be a successful process because blockchain can reduce the losses created by companies when they have a working failure. Not only that the blockchain can inform authorities about present or potential failures, but it can store information about everything connected with the power grids, including the past issues. Storing such information will improve the transparency as well as it will allow users to see if a power grid needs some changes, renovations, or new installations. Blockchain technology enables the customers to anonymously notify the company about some power blackout. This will improve the power grids and will lower all of its failures, while reducing the company’s losses. There are many companies and governments, as well as energy experts, which have seen the benefits of blockchain in power grids as a solution for all failures and disruptions. recognizes the importance of blockchain in power grids. That is why our platform is a , while utilizing . We believe that the blockchain is the future of the energy industry and for that reason we are offering you a new place for electricity bidding followed by blockchain. Energy Premier blockchain-based platform for electricity trading EPC tokens and smart contracts The use of the blockchain technology makes Energy Premier completely trustworthy and reliable place. The blockchain not only ensures that tokens that are sent to a recipient are delivered within seconds without third parties, but it also provides added security due to smart contracts, while eliminating potential for fraud. We are currently launching a , and the crowdsale starts on September 21st. Moreover, we have a as a reward to all of Energy Premier participants and contributors. Discover what we offer you and send us a feedback! presale Bounty Program Thank you for reading. and keep up with our updates. Participate in discussions on our Telegram channel as well: Subscribe to the largest electricity bidding platform https://t.me/joinchat/Hq0j1hDxZ3eRKFNo5f7oTw Join the pre-sale and crowdsale here: https://tokensale.energypremier.com/

How blockchain can give us better power grids

Lately, my boyfriend has been incredibly excited about using PowerTOP to decrease power usage for his Dell XPS running Arch. It’s a fantastic utility that displays a minimalist monitor for background activity in the terminal, but unfortunately it only exists for Linux systems. I’ve regularly used Activity Monitor for monitoring my CPU and memory usage, but I was beginning to wonder if it might be possible to have a non-GUI assistant for Mac systems. A recommended powermetrics, a utility designed specifically for Mac usage. It offers several uses, including sampling groups (interrupt sources, CPU power, device power states, battery and backlight info, thermal pressure notifications, and more). thread on Stack Exchange command-line You can also save samples to buffers, order processes, and display wakeup costs and power use averages over specified sample periods. Feel free to visit the for more on how to customize commands. OS X official documentation Another utility I found was top, which has its own set of for OS X. The utility contains stats on power and processes, with a more streamlined output depending on your format of the command. man pages Under usr/bin, there’s a nice bash script called power_report.sh that essentially uses powermetrics to write a power report on timer analysis, CPU profile, IO report, and Exec report on power usage. random($foo) has also on OS X power usage specifically for Mavericks, although I would imagine the tips are still applicable for later versions of . written a bit macOS I have yet to find an easy power management tool, although it likely wouldn’t be difficult to give admin privileges to stop background processes that are drawing too much power. Anyway, I hope this was an informative primer to some of the many command-line utilities for power management for OS X! If you liked this post and want to hear more about my thoughts on school, tech, or even life as a university student, feel free to find me elsewhere online! @sharontlin Twitter @sharonlinnyc Facebook @sharon-lin GitHub

Power Management for macOS

I had a long conversation with a friend last night that included a segment about men, sex, and . I had just finished Ellen Pao’s book which I thought was phenomenal (more in a separate post soon) so there was a lot in my mind about this topic. power Reset: My Fight for Inclusion and Lasting Change I woke up to several articles this morning that reinforced a simple concept that so many people miss. — while it includes sex — is also about power. Sexual harassment Let’s start with Harvey Weinstein. For a preview, read the shorter article titled . This line about narcissism is reflected in the behavior of many prominent men. Another man behaving badly in Hollywood — this time, Harvey Weinstein. What a shocker “I have always argued that power, particularly the Hollywood strain, infantilizes. Success in Hollywood frequently reduces fully grown adults to narcissistic babies. Babies have no self-control. They scream and cry when they get mad. Their needs are uninhibited. Gratification must be instant. Weinstein may be a talented moviemaker. But he is also just another overgrown Hollywood man-baby.” The longer article in the New York Times that kicked this off, , is worth a complete read. As you put the pieces together, is similar to many self-reflective apologies that come out of this situation when things finally become public. Decades of Sexual Harassment Accusations Against Harvey Weinstein Weinstein’s public response Back to the first article, here is another great section from . Robin Abcarian “Weinstein’s behavior is also an excellent example of the hypocrisy that is so rampant in Hollywood — and politics, for that matter. He is a liberal Democrat who publicly champions women’s rights and professional advancement but demeans and exploits them in private. (And yes, I do include Bill Clinton on that list.) The conservative equivalent is the anti-abortion crusader who privately urges his mistress to abort an inconvenient pregnancy or the “devout” Christian who ditches his sick wife to marry his mistress.” Power. And that led me to the second story I woke up to, which is the anti-abortion crusader, Tim Murphy, who privately urges his mistress to abort an inconvenient pregnancy. The article shows very clearly how power is at the root of this. The is another typical one, which basically says “I’m resigning, I’ll spend my time remaining working on important things, I’ve accomplished a lot, and please leave me alone.” Inside Tim Murphy’s reign of terror statement from Congressman Tim Murphy At least Harvey Weinstein said, “I appreciate the way I’ve behaved with colleagues in the past has caused a lot of pain, and I sincerely apologize for it.” But, this was his fourth paragraph. As my mother taught me, the way to apologize is to start with the sentence “ .” You can write anything you want after that, but start with the apology — that’s the lead — don’t bury it. I’m sorry I’m really hopeful that we are at the tipping point of sexual harassment being completely unacceptable. I have a profound appreciation for the women coming forward with their experiences. I know there are many multiples of these stories being suppressed by non-disparagement clauses that were signed and sealed with money to keep people quiet. That’s just another form of power being used in this situation. Originally published at Feld Thoughts .

Men, Sex, and Power

Bitcoin now has more than 250 million users at the last estimate. The reason I'm talking about estimates here is that Bitcoin is a pseudonymous network that gives users the ability to have multiple addresses on the network. We can, therefore, have precise on-chain data on the addresses active on the network, but we can only estimate the number of users behind these addresses. Having said that, it is important to bear in mind that while has 250 million users at the moment, only a tiny minority understand the why of Bitcoin. For a majority of investors in the Bitcoin world, Bitcoin is nothing more than an asset with a high potential return on investment. Bitcoin One of many, but mostly the one to own right now. For the few who understand the why of Bitcoin, Bitcoin is much more than that. Bitcoin is a once-in-a-lifetime chance to regain control of your money's future. Bitcoin gives you the freedom . to live your life on your own terms So, it is said that Bitcoin gives you self-sovereignty. However, this self-sovereignty is not instantaneous with Bitcoin. Just because you buy Bitcoin does not mean that you automatically take control over the fruits of your labor and, thus, ultimately, power over your life. To reach this stage of self-sovereignty, you will have to go through four levels in my opinion. You can, of course, go straight to the higher level 4, but generally, it is done progressively, step by step. As you understand why Bitcoin is there and how it works, you move towards that self-sovereignty. Level 1 - Buy Bitcoin The first step to self-sovereignty is obviously to buy Bitcoin. Many people only study Bitcoin or the economy but never take action. Taking action is the key to changing your life for the better. It's not about how much BTC you buy; it's about taking action. Start with the amount you feel most comfortable with, but don't stop there. Keep studying Bitcoin to understand how Bitcoin works and why Bitcoin exists. There is nothing worse than people who buy Bitcoin just to get rich and then never make the effort to understand the deeper meaning of its revolution. Bitcoin has the power to change your life for the better, but to do so, you will need to make the necessary intellectual effort that will give you the confidence to fully embrace its revolution. Level 2 - HODL Bitcoin Once you have acquired sufficient knowledge about Bitcoin, you will have confidence in its revolution. You will understand that Bitcoin is an accumulation game for years to come. Your interest is, therefore, to become a Bitcoin HODLer no matter what. By becoming a Bitcoin HODLer, you will stop worrying about the volatility of the Bitcoin price. This only affects traders. Bitcoin HODLers stay cool no matter what because they know that Bitcoin's goals are long-term. Bitcoin is an incredible monetary revolution. Its revolution will take time. Confidence in Bitcoin allows you to be patient. This is a good thing because Bitcoin always rewards patience. Level 3 - Own your private keys You probably already know the most famous slogan of Bitcoin: “ ”. This slogan is not misleading since Bitcoin allows you to verify everything yourself at any time. Don't Trust, Verify However, there is another slogan that is less well known to the general public that you will have to learn to reach this level 3 in the path of self-sovereignty: “Not your Keys, Not your Bitcoin.” You only own the Bitcoin whose associated private keys you have in your possession. When you buy BTC on a trading platform and leave that Bitcoin on the platform, you do not own that Bitcoin. The platform can potentially decide at any time to ban your account and confiscate your BTC. You fall into the same trap as with the current monetary and financial system in which banks can confiscate your assets at any time for arbitrary reasons. Your interest will, therefore, consist in transferring this BTC to cold storage. You will then take full control over your Bitcoin wealth. It's a daunting prospect for some, but you shouldn't be afraid to do this. It's much easier than some people would have you believe, and more importantly, it's the only way you can truly take responsibility for the security of the fruits of your labor. Level 4 - Run your Bitcoin Full Node After reaching level 3, which is already remarkable, many people stop there. This is a mistake, in my opinion. You have to go even further and become your own bank! . To become your own bank, you need to run a full node on the Bitcoin network By doing this, you will do even better, as you will become a full-fledged bank that relays transactions from the network. Some people say that there is no point for individuals to run a full node on the Bitcoin network. These people are wrong. By reaching level 4, you will be free to take full advantage of the trustlessness of Bitcoin. You won't have to believe the truth of others, but you can build your truth that is reinforced by the fact that it matches the truth of other nodes on the network. Solutions exist to run a full node on the Bitcoin network, and this is something that will allow you to reach the ultimate stage of self-sovereignty. This is what every Bitcoiner should strive for. Final Thoughts Bitcoin is much more than a financial investment with high potential returns. Bitcoin is an alternative system that will allow you to change your life for the better. To do this, you must fully embrace the Bitcoin revolution by taking the path of self-sovereignty. This path consists of 4 major levels. Your interest is to reach level 4 which will consist of buying Bitcoin, HODL Bitcoin no matter what while owning your private keys, and finally running a full node on the network. Then, the power will be in your possession. You will be able to live your life on your own terms. You'll have achieved self-sovereignty. Also published . here

Can You Achieve Self-Sovereignty With Bitcoin?: There are Four Levels to This

In the current era of swift and dynamic e-commerce, catering to the individualized and finely-tuned requirements of customers has emerged as the foremost objective for enterprises. To this end, IP-Geolocation technology has proven to be an effective instrument. Amidst year 2023, the estimated number of individuals around the globe is poised to soar to a staggering 6.8 billion, reflecting an annual growth rate of 4.2%. leveraging the prowess of smartphones By harnessing the power of IP-Geolocation data, businesses can deftly streamline their e-commerce transactions, fortify their defenses against fraud, optimize their logistics and shipping processes, and dispense bespoke marketing and advertising experiences that are tailor-made for individual consumers. Understanding IP-Geolocation The technology of functions through the comparison of a device's IP address with a constantly evolving and perfected database of known IP addresses and their corresponding geographical coordinates. Although this method strives for maximum precision, the limitations of its accuracy can be observed when dealing with shared or obscured IP addresses. IP-Geolocation Diverse techniques and methodologies are employed in the art of IP-Geolocation, such as GPS, Wi-Fi triangulation, and cell tower triangulation, each with its distinct . The selection of the most appropriate technology relies heavily on the particular utilization scenario at hand. advantages and disadvantages In a world of growing interconnectivity, the ascendance of IP-Geolocation technology across industries ranging from e-commerce to emergency response is poised to continue. Familiarizing oneself with the fundamentals of IP-Geolocation is pivotal for those aspiring to capitalize on this technology to enhance their professional and personal pursuits. Streamlining E-Commerce Transactions with IP-Geolocation The utilization of IP-Geolocation in e-commerce yields multifarious advantages, primarily rooted in the facilitation of personalized and customized experiences based on location. The identification of a customer's whereabouts enables businesses to furnish tailor-made product recommendations, bespoke content, and distinctive pricing strategies in accordance with their location. This personalized interaction not only augments customer satisfaction but also engenders loyalty and recurrent business. IP-Geolocation holds tremendous potential for a paradigm shift in targeted marketing and advertising. Through thorough analysis of a customer's geographical location, businesses can tailor marketing campaigns and promotions to align with local trends and consumer behavior. This results in a significant boost in the likelihood of sales success, while also driving traffic to the enterprise's website. Furthermore, IP-Geolocation offers a valuable tool for businesses in their pursuit of and . By identifying high-risk areas, organizations can implement additional security measures to safeguard themselves and their customers against fraudulent activities. Additionally, the utilization of IP-Geolocation data during the checkout process can provide an extra layer of security to e-commerce transactions, by verifying the identity and location of customers. fraud prevention risk management Ultimately, the utilization of IP-Geolocation has the potential to optimize the intricate processes of shipping and logistics. Through the identification of the precise location of customers, enterprises are enabled to streamline their shipping and delivery operations, thereby achieving a reduction in both delivery times and associated costs. This not only enhances the overall customer experience but also engenders significant reductions in operational expenses for businesses. Case Studies of IP-Geolocation in E-Commerce IP-Geolocation allows businesses to pinpoint the location of their customers, which in turn enables them to provide more personalized experiences and targeted marketing campaigns. Amazon Amazon, renowned as the preeminent e-commerce giant, harnesses the potent capabilities of a personalized shopping expedition for its discerning clientele. By ingeniously discerning the geographical location of each user, Amazon adroitly showcases an array of products and services that are bespoke to their locality. Such unparalleled attention to detail not only augments the overall customer experience but also expedites sales and propels customer loyalty to stratospheric heights. IP-Geolocation to curate Airbnb has enhanced fraud prevention and risk management, ensuring safety and building trust with customers, leading to increased bookings and revenue. Airbnb's use of IP-Geolocation Uber technology to augment its ride-hailing platform, allowing for unparalleled precision in fare estimation, route optimization, and pick-up time management. This technical expertise has resulted in Uber delivering an unparalleled experience of seamlessness and efficiency to its distinguished clientele. Uber leverages cutting-edge IP-geolocation Challenges and Concerns with IP-Geolocation in E-Commerce and data protection pose significant hurdles for e-commerce IP-Geolocation. Location data usage can breach privacy, especially when users are unaware of tracking. Companies must adhere to data protection rules and maintain transparency about location data collection and utilization. Privacy One of the principal apprehensions related to IP-Geolocation in e-commerce pertains to the moral considerations involved in leveraging IP-Geolocation data. The utilization of geographical information for tailored marketing and advertising purposes may be perceived as an overreaching and exploitative maneuver. Hence, it is incumbent upon corporations to reflect on the ethical ramifications of utilizing such data and to guarantee that their actions do not deceive or exploit their clientele. IP-Geolocation's technical constraints and inaccuracy present e-commerce hurdles. Its variable precision is contingent on user location and technology, hindering shipping and logistics, which can dissatisfy customers and cost sales. Future of IP-Geolocation in E-Commerce The utilization of IP-Geolocation for real-time personalization is an emerging trend. This enables e-commerce websites to offer customized product recommendations, pricing, and promotions based on the customer's location, leading to a tailored experience and higher sales. Additionally, IP-Geolocation aids in logistics optimization by providing accurate location data, which minimizes shipping times and costs, especially for global-scale businesses. The utilization of IP-Geolocation brings about an array of advantages, however, it also raises concerns regarding the safeguarding of . The increasing collection and employment of location data by numerous organizations expose a potential risk of data misuse or exploitation. As a result, it is paramount for businesses to adopt transparency and accountability by complying with the existing data protection regulations when utilizing IP-Geolocation data. personal information and data protection In the realm of e-commerce, the future of IP-Geolocation is poised to be shaped by cutting-edge technologies, including 5G and artificial intelligence. The potential of these technologies to enhance the accuracy and reliability of location data holds the promise of even more personalized and seamless customer experiences, thereby propelling the adoption and integration of IP-Geolocation data in e-commerce even further. Conclusion IP-Geolocation plays a crucial role in streamlining e-commerce transactions. It enables businesses to offer personalized experiences, target customers with relevant marketing, prevent fraud, and optimize logistics. However, with these benefits come challenges and concerns regarding privacy, ethics, and accuracy. As IP-Geolocation technology continues to evolve, it will be essential for businesses to balance the benefits of location-based data with respect for consumer privacy and data protection regulations. Overall, the future of IP-Geolocation in e-commerce is bright, and companies that utilize this technology effectively will have a significant competitive advantage in the online marketplace.

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