More of Goldilocks’ Comments and Global Economic News for Monday afternoon, August 28, 2023
Good afternoon,
Goldilocks posted comments and news links on the global financial system:
INDIA’S G20 AGENDA 2023 | 9 & 10TH SEPTEMBER.
• Address Inequalities
• Climate Finance from Rich Nations
• Cyber Security
• Debts Relief
https://twitter.com/IBcroc/status/1696187136259555783?t=GvtESwCvcNeKZ1tEPqzmQw&s=19
Delhi Court Finds Online Payment Service Provider is Payment System Operator
https://www.natlawreview.com/article/technology-dispute-resolution-hotline-fintechs-to-be-covered-under-anti-money
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Polkadot Gears Up for Stellar-Based USDC Launch: Web3 Interoperability Meets Billion-Dollar Stablecoin Giant Circle
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‘Regulation by enforcement’: New report unpacks US approach to digital asset regulation
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New Codes Could Make Quantum Computing 10 Times More Efficient
New simulations from two groups reported that a rising class of quantum error-correcting codes is more efficient by an order of magnitude than the current gold standard, known as the surface code.
The codes all work by transforming a horde of error-prone qubits into a much smaller band of “protected” qubits that rarely make mistakes. But in the two simulations, low-density parity check — or LDPC — codes could make protected qubits out of 10 to 15 times fewer raw qubits than the surface code.
Neither group has implemented these simulated leaps in actual hardware, but the experimental blueprints suggest that these codes, or codes like them, could hasten the arrival of more capable quantum devices.
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