Monthly Archives: October 2014

NanoTech Security moves to a Bigger Market

Nano Tech is a security company originating from Simon Fraser University.  The product they provide is putting security stamps on items to ensure their authenticity.  The stamp they have created consists of putting thousands of nano-sized holes onto the item and as light passes through it bend it, creating vibrant colors. An example would be bill notes; As of right now many countries are using holograms for security, but those are easy to counterfeit.  Nano Tech’s stamp is uncounterfeitable and is just a start of many ideas they have being researched.  Originally, the companies started off on the Venture exchange; but being a lower level tier and in Canada, many investors from the United States tend to stray away from putting their money in a Canadian exchange.  By getting into the OTCQX marketplace, they open many doors to investors to see that they are a proven company who has a service that works.  This will bring in more money and in the end make their company more profitable.  Banks/money producers will be their number one targets.  Gaining revenue from them will be constant over years because bills will always be made and there is no other technology that is competing to replace them.  Holograms have been proven to be faulty in the past and it is time for a new era of security and NanoTech’s product may be the solution.

                                    NanoTech’s stamp creates bright lights

News Source: http://nanosecurity.ca/nanotech-security-begins-trading-on-otcqx/

Picture Source: http://www.nanowerk.com/news/id19734.jpg

 

Local Motors competes with Tesla

Local Motors is a company founded in 2007 that specializes in hobby vehicles: rally cars, big wheels, and RC cars. Their most recent development has included an electric car that’s body was made solely from a 3D printer. As Tesla is trying to find a way to reduce production time, Local Motors is giving them a run for their money. Although the first body model took 44 hours to build, they know that within a year they will be able to cut that time down to 10 hours. However, this car is meant only for side streets and neighbourhoods. This concept is not comparable to what Tesla has accomplished; but with a few more years of research the possibilities are endless. Local Motors’ unique selling point is to provide this car for a relatively low price of $18,000.  This includes an electric car that gets 120 hours to the charge and goes up to 40 mph. With time, the numbers per charge and speed will increase tremendously, but for now they are off to a great start. Tesla will have to keep close eye on the advancements of this company as the 3D car will cost a fraction of the cost of a Tesla and reach a market that has endless consumers.

News Source: http://news.yahoo.com/3d-printed-car-140141613.html

Picture Source: http://3dprint.com/wp-content/uploads/2014/04/local-motors4.jpg

Scottish Referendum

A few days ago Scottish people had a vote on weather or not they should part with the United Kingdom. Though many say it would have regained Scotland’s “place as one of the great intellectual and economic innovators” of the world, there would have been numerous economic downfalls that resulted. New currency would have to be made, national debt would be inherited, and the countries military would be severely cut in size.

Since Scotland does not want to be apart of the United Kingdom anymore, they won’t be
allowed to use the British pound. A solution to this would be to join the European Union, but most Scotsman do not want that. This is a major problem that cannot be pushed aside. Currency in one’s country is very important and is directly related to how well your economy does and also has effects on who will travel there. In the United States, the national debt is very high and as a result inflation makes their dollar weak and worth less than others.

Also, like all other countries, the United Kingdom has debt. If Scotland thinks that they will not have any part in help paying it off, they are mistaken. Around 100-130 Billion dollars of the total 1 trillion will be transferred to Scotland and will not be an easy task to pay off. Though Scotland does export many products, it will still take decades to pay off this large total.

Another result of Scotland parting would be the cut in their military size. The countries defense would be in jeopardy and would force them to rely of other countries support in the event of an attack. This is an issue, as a few countries in Europe like to fight against others to take land. Most recently Russia invaded Ukraine in hopes to take over Crimea. Scotland is small in size and is surrounded by water, which makes them very vulnerable to naval attacks.

If the Scottish population was to vote ‘yes’ to leaving the United Kingdom, the economy would take a massive downswing and many major problems would arise that would have to be dealt with immediately.

News Source: http://www.bbc.com/news/uk-scotland-29270441

Picture Source: http://one-europe.info/user/files/Laura/yes-no2.jpg