The last decades the world economy regularly falls into this vortex of financial crises that have affected each country. It almost led to the collapse of the existing financial system, due to this fact, experts in mathematical and economic modelling have become to use methods for controlling the losses of the asset and portfolio in the financial world (Lechner, L. A., and Ovaert, T. C. (2010). There is an increasing trend towards mathematical modelling of an economic process to predict the market behaviour and an assessment of its sustainability (ibid). Having without necessary attention to control and assess properly threats, everybody understands that it is able to trigger tremendous cost in the development of the organisation or even go bankrupt.

Value at Risk (VaR) has eventually been a regular approach to catch the risk among institutions in the finance sector and its regulator (Engle, R., and Manganelli S., 2004). The model is originally applied to estimate the loss value in the investment portfolio within a given period of time as well as at a given probability of occurrence. Besides the fact of using VaR in the financial sector, there are a lot of examples of estimation of value at risk in different area such as anticipating the medical staff to develop the healthcare resource management Zinouri, N. (2016). Despite its applied primitiveness in a real experiment, the model consists of drawbacks in evaluation, (ibid).

The goal of the report is a description of the existing VaR model including one of its upgrade versions, namely, Conditional Value at Risk (CVaR). In the next section and section 3, the evaluation algorithm and testing of the model are explained. For a vivid illustration, the expected loss is estimated on the asset of one of the Kazakhstani company trading in the financial stock exchange market in a long time period. The final sections 4 and 5 discuss and demonstrate the findings of the research work.

The “winner takes all” principle seems to be less relevant to a startup business model than to a corporate business. Why so? The thing is that a cumulative advantage inherent in a contemporary globalized economy when the bigger you are the more chances you have for a further growth works beyond poorly regulated environments to which startups belong. The startup phenomenon in general and the IoT startups in particular are too immature in terms of a business-model history. In contrast to corporations, startups feel good in a Black-Swan-friendly uncertainty of emerging innovations. They operate in risky fields, they gamble oftentimes. But an immense focus on their own topics is what helps them survive. Indeed, dedication is an antidote to risks.

Originally article was posted here — 5 IoT startups in Logistic

Laziness moves the world. And today we have more and more robotic vacuum cleaners that are saving our time for something more pleasant than just vacuuming.

The robots were marketed as internet/Bluetooth/smartphone connected devices with a speaker and camera to report and explore the environment. They also have different sensors to dodge barriers and such. But that’s only some ordinary stuff everyone knows about the robotic vacuum cleaners.
But the most interesting thing about them is their software. The owners can reprogram these devices and implement different settings as well as voice acting that has a huge number of options, including funny ones. And all you need to “upgrade” your vacuum cleaner is a PC, an internet connection, and a smartphone:

I’m going to have a guess and say that everyone whose friends or family have ever flown on a plane, have used Flightradar24 — a free and convenient service for tracking flights in real time.



In the first part the basic ideas of operation were described. Now let's go further and figure out, what data is exactly transmitting and receiving between the aircraft and a ground station. We'll also decode this data using Python.

Liza Alert search-and-rescue team has existed for eight years. It’s a volunteer organization, the fellowship of the ones who care, that searches for missing people effectively collaborating with the Ministry of Emergency Situations and the Ministry of Internal Affairs. Liza Alert collects the entries on missing people; they conduct various educational events, search management and search operations themselves. The team isn’t involved in any business activities, doesn’t have a checking account and doesn’t accept monetary donations.

Mail.Ru has recently provided Liza Alert with a free platform for services, extensively used for search-and-rescue operations. We decided to talk to Sergey Chumak — the head of Liza Alert IT branch — about the work of the volunteer emergency response group and how high-tech solutions aid them.

Google loves easter eggs. It loves them so much, in fact, that you could find them in virtually every product of theirs. The tradition of Android easter eggs began in the very earliest versions of the OS (I think everyone there knows what happens when you go into the general settings and tap the version number a few times).

But sometimes you can find an easter egg in the most unlikely of places. There’s even an urban legend that one day, a programmer Googled “mutex lock”, but instead of search results landed on foo.bar, solved all tasks and landed a job at Google.


The same thing (except without the happy ending) happened to me. Hidden messages where there definitely couldn’t be any, reversing Java code and its native libraries, a secret VM, a Google interview — all of that is below.

At Microsoft, we’re investing in helping our customers as they move to the cloud. We see an opportunity to help support companies in this changing environment by bringing our security, privacy, compliance and intellectual property assets and expertise to bear in order to help them be more successful. We’re excited to now take an additional step that expands innovation protections.

Today, we are pleased to announce the expansion of the Microsoft Azure IP Advantage program to include new benefits for Azure IoT innovators and startups. We first announced Azure IP Advantage in February 2017, to provide comprehensive protection against intellectual property (IP) risks for our cloud customers. A trend we saw at the time – and one that continues today – is a growing risk to cloud innovation from patent lawsuits. Last year, we joined the Open Invention Network (OIN) and the License on Transfer (LOT) Network to help address patent assertion risk for our customers and partners.

This article in our blog.

Web application firewall

Web application firewalls (WAFs) are a type of intrusion detection and prevention system and might be either a hardware or software solution. It is specifically designed to inspect HTTP(s) and analyse the GET and POST requests using the appalling detection logic explained below. Web application firewall software is generally available as a web server plugin.

WAF has become extremely popular and various companies offer a variety of solutions in different price categories, from small businesses to large corporations. Modern WAF is popular because it has a wide range of covered tasks, so web application developers can rely on it for various security issues, but with the assumption that this solution cannot guarantee absolute protection. A basic WAF workflow is shown below.



Its main function is the detection and blocking of queries in which, according to WAF analysis, there are some anomalies, or an attacking vector is traced. Such an analysis should not make it difficult for legitimate users to interact with a web application, but, at the same time, it must accurately and timely detect any attempted attack. In order to implement this functionality, WAF developers usually use regular expressions, tokens, behavioural analysis, reputation analysis and machine learning, and, often, all these technologies are used together.



In addition, WAF can also provide other functionality: protection from DDoS, blocking of IP-addresses of attackers, tracking of suspicious IP-addresses, adding an HTTP-only flag to the cookie, or adding the functionality of CSRF-tokens. Each WAF is individual and has a unique internal arrangement, but there are some typical methods used for analysis.

I like PHP for development speed and excellent portability. It's great to have such a tool in your pocket, always ready to solve problems.

For me it was quite sad that there was no Waves Platform SDK for PHP when i first met this nice blockchain. Well, I had to write such kit.

Curiosity has taken over the crypto space. Every enthusiast and potential trader wants to know when the next crypto bull run will start. The digital currency reached an all-time high in December 2017 and since then, it has been stuck in a crypto winter.

As well all know, Bitcoin, is the highest rising digital asset of all time. This is partly because of Bitcoin’s speculative nature, unlimited potential, and its built-in difficulty adjustment designed to throw off the elements of supply and demand to create a balance. This increases the Bitcoin price against the USD in return. It is a major reason why the leading digital currency can potentially initiate the next crypto bull run.

Bitcoin (BTC) Price Today – BTC / USD

A few years ago, when I was using Jabber, all of a sudden the centralized IMs that glue your account to your phone number became popular. I was skeptical towards them for some time, but then there was a temporary illusion that the Telegram developers were trying to do something bigger. Unfortunately, over time it was becoming clearer and clearer that they were not actually going to do anything that was different in any way from what other centralized IMs had to offer.

Dmitry Pichulin, known under the nick «deemru», won the game Fhloston Paradise, developed by Tradisys on the Waves blockchain.

The winner of Fhloston Paradise was supposed to be the player paying the very last stake during a 60-block period, before any other player could pay their stake and reset the counter to zero. The winner would collect all stakes paid by other players.

Dmitry's winning recipe was the bot Patrollo, which he created. The bot paid just eight 1 WAVES stakes for Dmitry and eventually won him 4,700 WAVES ($13,100). In this interview, Dmitry discusses his bot and prospects of blockchain games.

Video surveillance has long been used to solve various problems. In the 1950s and '60s, these were analog closed video surveillance systems, the name CCTV (closed circuit television) reveals the meaning of the concept.

SXSW is a festival of culture and technology held every spring in Austin, Texas. It’s a global phenomenon, with hundreds of thousands attending the event every year and millions more following the media coverage. Even if you’ve never heard of it, you’ve certainly felt its influence on our culture.

But it wasn’t always that way.

There is a Russian Broker — Tinkoff Bank. Now here is the problem: the broker doesn't support take profit and stop loss orders. At all. If you want to feel more convenient while trading, then you need some workaround for this situation, until Tinkoff Bank developers finally release those orders as the killer feature. In the article, I will show you my workaround.
update:2019-03-22, the Broker published platform 3.0.0 (a major update) in Google Play. The changelog features take profit/stop loss orders

Fiber-optic cables are a great way to bring high-speed Internet right to your home or office. But even in large cities not everyone can enjoy the benefits of it, since apartments far away from everyone, or low-population districts far from downtown, are very reluctantly served by ISPs.

And then there’s small towns and villages, far away from the main Internet “highways”. In poorer countries, Internet is often slow and expensive even in large population centers, while villages are often left without a connection for years. To connect them to the World Wide Web takes the resources of not just normal ISPs, but telecom giants. Solar-powered drones with networking equipment, weather balloons, satellites and other similar projects are not just science fiction, but a reality today (or in the near future). But who’s closer to launch and who’s lagging behind? Let’s find out.

I’m an active user of Google Chrome. That’s why I’ve come up with this list of useful extensions that will help English learners to enhance writing, spelling, listening skills, and extend their vocabulary.

In the late 1930s, two Stanford students, William Hewlett and David Packard, were inspired by their professor’s plea to turn the Bay Area into the national capital of high tech. Operating out of the cheapest property they could find — a garage in suburban Palo Alto, they built their first commercial product, the HP200A oscillator. Now a private museum and a California Historic Landmark, this place is a living monument, commemorating the birth of the Silicon Valley startup culture.

This event preceded the similar and widely publicized success stories of Microsoft and Apple by more than 30 years. But it nonetheless perfectly defines the startup culture as we know it today. How come?

Here is a bit refreshed translation of my 2015 blog post. The post shows how to organize a personal academic library of unlimited size for free. This is a funny case of a self written manual which I came back to multiple times myself and many many more times referred my friends to it, even non-Russian speakers who had to use Google Translator and infer the rest from screenshots. Finally, I decided to translate it adding some basic information on how to use Zotero with rmarkdown.

A brief (and hopefully unnecessary for you) intro of bibliographic managers

Bibliographic manager is a life saver in everyday academic life. I suffer almost physical pain just thinking about colleagues who for some reason never started using one — all those excel spreadsheets with favorite citations, messy folders with PDFs, constant hours lost for the joy-killing task of manual reference list formatting. Once you start using a reference manager this all becomes a happily forgotten nightmare.

In this report, Bitfury shares analysis completed by its Crystal Blockchain Analytics engineering team on the movement of bitcoin from the Zaif exchange, Bithumb exchange and Electrum wallets.