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Lot of news in the mainstream media about bitcoin recently. Mostly from industry pundits, economists and commentators who are involved in the current financial industry, and the comments are often quite negative.
I have had a passing interest in Bitcoin for a while now - I started mining the currency a few years ago, as it piqued my tech interest - and now as a more "mature" (- ahem!) business owner, I quite like the business and economic side of crypto currency in general.
For those who don't know, bitcoin is a cryptographic currency, as it uses cryptography (mathematical algorythims) to control the creation and transfer of currency. This is built on a distributed network, where every "node" contains a copy of the complete transfer leger. This means it is a completely de-centralised system, no banks and no government involved.
Some of the other benefits to using the currency, is that minute amounts, or massive amounts of money can be transferred around the world, for little to no fees. There are no charge backs and the transfers are nearly instantaneous.
In terms of the invention - some have likened it to the similarity of email and the internet - where the internet is the foundation of the network for Bitcoin, and the currency is simply an application that runs on it, much like email.
The focus is obviously on the currency, and the volatility it has experienced recently. I am more interested in the invention, and development of the technology behind bitcoin, because I think it can have a massive effect on society in much the same way the internet has for us today.
So while the price of bitcoin might rise and fall like a yoyo - I think we should be looking past that to see the big picture. The Bitcoin network is a staggering invention that has the ability to reach billions of people. It is a currency built for the internet age, and I believe something that will have a massive effect on our lives in the future.
Well this year has really started off with a bang - lets hope the rest of 2012 continues in the same vein. We have multiple client projects on the go, it's as if we were still in December!
So on that note, we are very proud to announce we have moved into our very own office, in a beautiful loft style character building; Achilles House, in Commerce Street (www.achilleshouse.co.nz). It is actually the next door building from before, so any previous visitors will recognise Achilles House being right next door to the Citigroup Centre.
We are also growing in staff, we have one new staff member signing on next month, and possibly another!
We all wish you are very prosperous 2012.
I thought it pertinent to introduce our new member of staff to the Rytech engineering team - Cameron Kay. Cam has been assisting with the transition after we (sadly) had to say goodbye to Ryan Ivison. Cam is already an invaluable addition to the team, and while he is based on the remote support team initially, you are bound to see him onsite at some point!
Welcome to the team Cam.
Cloud computing is one of the largest growing areas in the IT industry. The concept of “Cloud Computing” refers to the hosting of a server or an application by a third party in an offsite location accessed via the Internet. The premise is that the vendor will not only provide the client with a reliable experience, but one that will be resistant to downtime and data loss.
Personally, I know that the Insurance industry has been enjoying the benefits of cloud computing for many years. But what are the caveats and recent concerns garnered by those enrolled in these online services?
Multitasking has become one of the buzzwords of the twenty-first century. Did you know that your browser lets you multitask, too? Most modern browsers (IE8, Firefox, and Safari) provide the user with a rich interface that allows for multiple windows to be open in the same browser at once. “How is this miracle performed?” you may ask. If you look at the tab shown in the image above, you will see on its right side is a smaller tab. If you place your mouse over it, you will see the option to open a new tab. Click on this tab and a new window will open within the current browser. By clicking on the tabs or pressing the TAB key while depressing the CTRL key, you may cycle through the existing opened windows in your browser. Do you want even more tricks? Once you have multiple windows opened in the browser, you may then notice a new icon to the left of the tabs with a down arrow. This button’s down arrow allows you to open any one window that you want without using the “cycle-thru” method. Click on the button itself and you will see your tabbed windows displayed all together on one screen. In that screen, you may close or activate any of the windows using your mouse. If you prefer to see your tabs in a particular order, you may drag them in order to rearrange them. Having multiple tabs may enhance your day. You can do the same with multiple Home Pages, but that may slow down the initial response of your browser.
Remember the vignette performed by Monty Python’s Flying Circus in which two diners float down into a dive filled with Vikings for a breakfast that doesn’t have much SPAM® in it? Back in the 1970’s, the word “spam” had a much different meaning than it does today
Your computer has been terrific—it opens files fast, connects to the Internet quickly, and gets onto the network lickety-split. But now, your machine will not connect to the Internet when you tell it to, it opens up porno websites and gives you pop-ups telling you that your machine has been infected. You don’t need to be Sherlock Holmes to see that something has infected your system. Now, what?
We are very pleased to announce our new partnership with DOYENZ, a specialist cloud based backup and disaster recovery service!
Learn more about what Rytech IT can do for your business.
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