US introduces new $100 note with 3D

ITRealms:

The United States Federal Reserve, equivalent of the Central Bank of Nigeria, Tuesday began what it classified as supplying financial institutions with a redesigned $100 note that has Third Dimension (3D) security feature among others, ITRealms reports.

This $100 note incorporates new security features to deter counterfeiters and help businesses and consumers tell whether a note is genuine,

A press statement made available to ITRealms, showed that distance, demand and policies of individual financial institutions would influence how quickly the redesigned notes reach businesses and consumers globally.

The Federal Reserve Board Governor, Jerome H. Powell says that the new design incorporates security features that make it easier to authenticate, but harder to replicate.

“As the new note transitions into daily transactions, the user-friendly security features will allow the public to more easily verify its authenticity,” he said.

Also, Jerome was quoted as saying that the Federal Reserve, U.S. Department of the Treasury, U.S. Bureau of Engraving and Printing, and the U.S. Secret Service partnered to redesign Federal Reserve notes to stay ahead of counterfeiting threats.

According to him, the redesigned $100 note includes two new security features: a blue 3-D security ribbon with images of bells and 100s, and a colour-changing bell in an inkwell. The new features, and additional features retained from the previous design, such as a watermark, offer the public a simple way to visually authenticate the redesigned $100 note.

ITRealms recalls that consumers worldwide are advised that it is not necessary to trade in older-design $100 notes for new ones.

“It is U.S. government policy that all designs of U.S. currency remain legal tender, regardless of when they were issued,” part of the statement read.

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Future of Internet: Experts warn against fragmentation

ITRealms:

Some 10 leading organisations responsible for the coordination of the Internet technical infrastructure globally ended its meeting in Montevideo, Uruguay reinforced their commitments, warning against fragmentation of future Internet.

Those at the meeting according to the Director of Global Media Affairs at the Internet Corporationn for Assigned Names and Numbers (ICANN) Mr. Brad White, in a chat with ITRealms include Adiel A. Akplogan, CEO, African Network Information Center (AFRINIC); John Curran, CEO, American Registry for Internet Numbers (ARIN); Paul Wilson, Director General, Asia-Pacific Network Information Centre (APNIC); Russ Housley, Chair, Internet Architecture Board (IAB), Fadi Chehadé, President and CEO of ICANN; Jari Arkko, Chair, Internet Engineering Task Force (IETF); Lynn St. Amour, President and CEO, Internet Society (ISOC); Raúl Echeberría, CEO, Latin America and Caribbean Internet Addresses Registry (LACNIC); Axel Pawlik, Managing Director, Réseaux IP Européens Network Coordination Centre (RIPE NCC) and Jeff Jaffe, CEO, World Wide Web Consortium (W3C)

ITRealms gathered that the meeting rose after considering and insisting that the Internet and World Wide Web have brought major benefits in social and economic development worldwide.

“Both have been built and governed in the public interest through unique mechanisms for global multistakeholder Internet cooperation, which have been intrinsic to their success,” they said.

The leaders also discussed the clear need to continually strengthen and evolve these mechanisms, in truly substantial ways, to be able to address emerging issues faced by stakeholders in the Internet.

The meeting further recommended that “They reinforced the importance of globally coherent Internet operations, and warned against Internet fragmentation at a national level. They expressed strong concern over the undermining of the trust and confidence of Internet users globally due to recent revelations of pervasive monitoring and surveillance.

“They identified the need for ongoing effort to address Internet Governance challenges, and agreed to catalyze community-wide efforts towards the evolution of global multistakeholder Internet cooperation.

“They called for accelerating the globalization of ICANN and IANA functions, towards an environment in which all stakeholders, including all governments, participate on an equal footing.

“They also called for the transition to IPv6 to remain a top priority globally. In particular Internet content providers must serve content with both IPv4 and IPv6 services, in order to be fully reachable on the global Internet,” they stated. 

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