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      "body": "There’s so much more to Portugal than sunny city breaks, windsurfing and pasteis de nata washed down with a chilled glass of port. Over the past decade, it’s been busy designing itself out of a major recession by reinvesting in heritage homeware brands that celebrate the country’s diverse artisanship and rich craft traditions.\n\nMuch of this is being driven by entrepreneurs in their forties, who were born post-dictatorship and, as a result, are international in outlook and keen to champion the “Made in Portugal” label on a world stage.\n\nThe nation’s slightly shabbier second city, Porto, is the design powerhouse. With a long tradition for furniture and textiles manufacturing, it has yet again become a hotbed for creativity.\n\nThe latest local brand ripe for reinvention is Claus Porto, a 130-year-old soap and fragrance company. A national treasure its exquisitely packaged soaps are sold in the US and Europe and yet it remains relatively low profile. Beloved of design aficionadas Portuguese private equity firm Menlo Capital spied its potential as a global lifestyle brand and bought a stake of the family-owned company in 2015.\n\nCue a team of European creatives led by Porto-born CEO Francisco Neto, who has worked alongside Aquiles de Brito (great-grandson of the entrepreneur who first boosted the brand’s fortunes in the 1920s and 30s) and Amsterdam-based art director Anne-Margreet Honing, to relaunch Claus Porto. New flagship stores by architect João Mendes Ribeiro have just opened in Lisbon and Porto, but there are also new and improved product lines. Leading British perfumier Lyn Harris is instrumental in the brand’s revamp and she’s started by remodelling Deco, a range of scented candles.\n\nClaus Porto was known for its packaging but not its fragrance,” says Harris. “They had created fragrances for the Portuguese royalty through different eras, but they had lost that side of it, and it had become mainly known for its soaps.\n\nFor the Deco candles, we came up with a palette of materials that represent Porto and Portugal and being proud of the richness of the land,” she explains.\n\nFor example, Favorito is about red poppies, but they don’t have a scent, so I did something abstract which is rosy, intense, a bit fruity, vibrant and green.”\n\nAlthough all are completely new formulas she has in the most part worked with the existing notes. “The brand has this quirk, it’s very eclectic and crazy and I wanted to protect and enhance that heritage,” she says. Seven new fragrances will follow later this year, including one that captures the “amazing clementines” that come out at the beginning of the year in Porto. They just launched handwash, and a range of teas and stationery is also in development.\n\nHarris, who recently worked on a series of scents for French heritage brand Cire Trudon, says working with the Portuguese was a very different experience. “They are too humble, they don’t speak out — but I really think now is their time.”\n\nThis certainly appears to be the case in the furniture industry. A host of new luxury Portuguese brands, launched in the past decade and mostly based in the Rio Tinto area just outside Porto, have been targeting the British home market in recent years.\n\nPaula Sousa launched furniture brands Munna, specialising in elegant deco-inspired upholstery, and Ginger & Jagger, whose pieces — in hammered metals, marquetry and hand-sculpted marble — are inspired by nature. Both brand’s have been used to furnish Dior stores around the world. “The UK market has been instrumental for our brands since they began, and keeps on being that way,” says Sousa.\n\nWe have great relationships with fantastic interior designers there, it’s very thrilling to work with such a mature market in all senses, both on the design and business ends. This new culture represents a sea change for a land of discoverers. A unique story is being designed and made here.”\n\nAlso making their mark here is the Covet Group, run by 38-year-old Amândio Pereira whose six brands include Delightfull lighting, a specialist in extravagant mid-century modern-inspired brass and marble creation (their hero chandelier is a riot of trumpet horns). Sibling brand Boca do Lobo has signature pieces that include lavish tables with bases incorporating the Portuguese azulejo tiles that grace their buildings’ façades.\n\nPereira is proud to be part of Portugal’s new design era, “I see the world as a place to be discovered and enjoyed rather than feared, unlike the older generations. We love challenges and want to deliver our products to design enthusiasts all over the world.”\n\nThis is high-end design in noble materials of wood, marble and bronze, aimed at the international market. For some, exports counts for 95 per cent of their turnover. These brands are part of the new maximalism, creating statement pieces that revel in Portugal’s skills in marquetry, joinery, upholstery and metalwork — sideboards with decorative marquetry façades in exotic woods, cast-bronze tables with marble tops and velvet sofas with flamboyant fringing.\n\nRenowned for ceramics, heritage porcelain brand Vista Alegre — whose new Porto store neighbours Claus Porto’s — is also raising its game, commissioning world-famous designers such as Jaime Hayon and the Maison Christian Lacroix to design new decorative tableware. Portugal’s expertise in ceramics and textiles is also luring in companies like Anthropologie and Habitat and others, who may have previously invested in China, but are recognising the economic and logistical advantages of sourcing in smaller batches and closer to home.\n\nPolly Dickens, creative director of Habitat, is a big fan: “Portugal is often considered a sleepy nation, but we’ve found they are constantly experimenting, particularly in ceramics, with semi-craft techniques like embossing and reactive glazes. They’ve had a terrible recession and lots of factories closed, but the ones that survived are the really good ones, producing some fantastic stuff.\n\nTwo of our bestselling ranges, Olmo tableware and Washed bedlinen, are from Portugal. The new generation have had to innovate, and we’ve found them very collaborative and creative.”\n\nRight now, there is a joyous exuberance to be found in Portuguese design, a new-found confidence that goes alongside a passion for their strong craft heritage. And it’s been a long time coming.\n\nClosed to the outside word for 48 years under the dictatorship which ended in 1974, things didn’t immediately improve. When Portugal joined the EU in 1996 the multinationals moved in and global conglomerates thrived to the detriment of homegrown Portuguese brands, which were perceived as backwards, old-fashioned and tinged with poverty and repression. Today though, armed with a positive international outlook and in defiance of recent tough financial times, Portugal has regained the spirit of Vasco da Gama through design, and is ready to take on the world again.\n\n![Screenshot_2017-12-21-21-11-37.jpg](https://steemitimages.com/DQmXkyyuuuoA91VpkyCMZmsxFNmRVfA9gtL39CUzsgmN7Et/Screenshot_2017-12-21-21-11-37.jpg)",
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      "author": "cheetah",
      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttps://hbr.org/2017/03/how-blockchain-applications-will-move-beyond-finance",
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      "body": "People use the term ‘blockchain technology’ to mean different things, and it can be confusing. Sometimes they are talking about The Bitcoin Blockchain, sometimes it’s The Ethereum Blockchain, sometimes its other virtual currencies or digital tokens, or sometimes it’s smart contracts.Most of the time though, they are talking about disrupted ledgers, i.e. a list of transactions that is replicated across a number of computers, rather than being stored on a central server.\n\nI see “blockchain technology” as a collection of technologies, a bit like a bag of Lego. From the bag, you can out different bricks and put them together in different ways to create different results.\n\nWhats the difference between a blockchain and a normal database? Very loosely, a blockchain system is a package which contains normal database plus some software that adds new rows, validates that new rows confirms to pre-agreed rules, and listens and broadcasts new rows to its peers across a network, ensuring that all peers have the same data in their databases.\n\nSeeing Beyond the Blockchain Hype\n\nAfter eluding close inspection by most business leaders outside of the tech and financial sectors, blockchain technology has recently taken center stage in the conversation about management’s digital makeover. Indeed, some believe that the long-term business impact of blockchains — which are distributed ledgers that enable and record secure online transactions — may be greater than that of the technologies that have grabbed most of our recent attention, such as data and analytics and the cloud.\n\nSo, can blockchain reduce costs in a significant way? Where will we see an impact first?\nYes, we concluded that at least two key costs will be affected: the cost of verifying the attributes of a transaction (for example, when did it take place, who was involved, etc.) and the cost of exchanging value within a network without relying on a costly intermediary.\n\nThe ability to securely record and time-stamp information on a blockchain is extremely valuable when issues arise with a transaction. Whereas today we often have to invest resources to audit the transaction and assess the truth, in the future, these tasks could be automated thanks to a distributed ledger. This makes settlement and reconciliation across organizations simpler and more efficient, which explains why many early use cases for blockchain are in the financial sector.\n\nHere the compelling reason to adopt is the ability to lower operational costs while keeping the rest of the ecosystem the same. It also explains why banks and financial institutions like distributed ledgers but are worried about cryptocurrencies. Distributed ledgers, on their own, do not challenge existing revenue models and regulatory frameworks. In fact, they may even allow incumbents to achieve greater economies of scale. Cryptocurrencies, in contrast, present an existential threat to how value is generated and appropriated in the economy.\n\nThis is where the second cost — the cost of networking — plays a key role: Before cryptocurrencies such as Bitcoin existed, we needed intermediaries to transfer value across the globe. Creating and maintaining a secure network was both capital-intensive and labor-intensive. Bitcoin solves this problem by throwing cheap hardware at it: While often criticized for the energy-consuming computations needed to secure it, the bitcoin network has been extremely successful at automating value transfer.\n\nWhere secure financial messaging platforms such as SWIFT and ACH have to invest in maintaining “trusted nodes” to validate transactions, Bitcoin uses a clever mix of cryptography and game theory to deliver the same results. Gone are the accounting, reconciliation, and security costs associated with ensuring that a rogue employee or financial institution did not tamper with the transaction. The integrity of the underlying data is not guaranteed by an intermediary but by the design of the system itself. This is the architectural innovation associated with cryptocurrencies, and it constitutes both an opportunity and a threat to existing business models.\n\n\nHow Blockchain Applications Will Move Beyond Finance\n\nAs the cryptocurrency has matured, it’s often been criticized for its inability to match the performance of existing payment networks and meet the requirements of financial systems and governments. But Bitcoin has been extremely successful at solving the problem it was designed for: allowing a global network to securely transact and exchange value without the need for a costly intermediary. Through a clever mix of game theory and cryptography, Bitcoin replicates financial systems’ ability to transfer value, but without any of the labor typically involved in running and securing transactions. Furthermore, it does so while minimizing the degree of trust parties have to place in each other when transacting; it essentially digitally mimics many of the features of cash — including privacy.\n\nAs cryptocurrencies like bitcoin and distributed ledgers continue to mature, where might they be applied next?\n\nIt’s not surprising that some of the closer-to-market applications of the technology are in the financial sector. While trading and speculation were early use cases of Bitcoin, new technologies, such as Ethereum and Zcash, have emerged, with Zcash providing a higher degree of privacy than Bitcoin, and Ethereum offering a powerful development platform for smart contracts and decentralized applications, with the power to transform everything from predictive applications to job and energy markets to hedge funds and decentralized cloud services. As the entire cryptocurrency ecosystem matures, digital wallet providers and exchanges are becoming more professional and secure.\n\nOn the consumer side, companies such as Circle and Abra are taking advantage of the lower costs offered by blockchain technology for cross-border payments, encroaching on the territory of players like Venmo, TransferWise, and traditional remittances providers. Visa and MasterCard are both exploring uses for similar technology to improve the way they process payments, while Ripple is lowering the cost of transactions between banks and other financial institutions through its global settlement network. In all of these cases, blockchain technology is adopted “under the hood,” and consumers and businesses can reap the benefits without ever knowing that a distributed ledger was ever involved.\n\nCentral banks are also actively exploring the opportunities and challenge a fiat-backed, digital currency would entail for monetary policy, taxation, and lending.\n\nA challenge for many of these applications is to securely and reliably record the properties of physical assets, individuals (credentials), resource use (energy and bandwidth through an internet-of-things device), and other relevant events taking place through a supply chain on a blockchain. The immutability offered by a blockchain is only useful if the original information entered on it is accurate.\n\n\nWhereas a blockchain can allow for the costless verification of the attributes it carries, recording those attributes in the first place may require labor-intensive tasks and intermediaries (including the government) to prevent fraud. In this area, internet-of-things devices and sensors can drastically expand what can be built on top of a blockchain.\nIn the long run, cryptocurrencies have the potential to change how internet services are delivered; how open-source communities fund their development; how we crowdsource micro-tasks and expertise; how we pay for content and media; and how we harness talent to improve predictions. On the other hand, private or internal distributed ledgers and blockchains can be deployed to solve another set of problems. As ever, there are trade-offs and pros and cons to each solution, and you need to consider these individually for each individual use case.\n![Screenshot_2017-12-16-12-37-33.jpg](https://steemitimages.com/DQmdqzP1Z7hxC1Gj68MsepCbqEuSm5k67yaeuv2t5VyiVRJ/Screenshot_2017-12-16-12-37-33.jpg)",
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      "author": "steemitboard",
      "body": "Congratulations @abhiragh! You have completed some achievement on Steemit and have been rewarded with new badge(s) :\n\n[![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/firstpost.png)](http://steemitboard.com/@abhiragh) You published your First Post\n[![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/firstvote.png)](http://steemitboard.com/@abhiragh) You made your First Vote\n[![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/firstcomment.png)](http://steemitboard.com/@abhiragh) You made your First Comment\n[![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/firstvoted.png)](http://steemitboard.com/@abhiragh) You got a First Vote\n\nClick on any badge to view your own Board of Honor on SteemitBoard.\nFor more information about SteemitBoard, click [here](https://steemit.com/@steemitboard)\n\nIf you no longer want to receive notifications, reply to this comment with the word `STOP`\n\n> By upvoting this notification, you can help all Steemit users. Learn how [here](https://steemit.com/steemitboard/@steemitboard/http-i-cubeupload-com-7ciqeo-png)!",
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      "author": "cheetah",
      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttp://cryptorials.io/decentralized-internet-make-decentralized-websites-apps/",
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{
  "block": 18116150,
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      "author": "abhiragh",
      "body": "[Screenshot_2017-12-16-01-27-19.jpg](https://steemitimages.com/DQmTjtpAhnahjAoDvA9A74Uva498KqWc9Tat4QyRbfWju9w/Screenshot_2017-12-16-01-27-19.jpg)\n\nThere is something not quite right about the internet. It’s not what it seems. On the surface it looks like a great boon to human freedom, where ordinary people who previously would not have had a voice can express themselves freely and form communities with like-minded individuals even if they are spread out all around the world. It looks like tool which allows downtrodden populations to spread the truth regardless of government controls, and to organise themselves against tyranny.\n\nOnce upon a time there was some small amount of truth to these naive and idealistic visions of the internet. They were always overstated, but still there was some truth to them. This is increasingly not the case. Governments around the world, including in western countries such as the United States or Europe, are increasingly cracking down on online free speech, and using the internet to spy on their entire populations. As people conduct social relationships in semi-public online forums which they would previously have conducted entirely in private, much more of our lives comes under public and government scrutiny. Meanwhile big business can increasingly analyse the ‘big data’ it controls about all of our lives to control us like Pavolv’s dogs salivating over the gruel they feed us through the media. Far from being a tool to promote freedom, the internet is becoming the primary tool of our oppression.\n\nBut it doesn’t have to be that way. The internet really can be all of those things which we once dreamed that it was. We just need to decentralize it.\n\nRecently, Google launched a video calling tool (yes, another one). Google Hangouts has been sidelined to Enterprise, and Google Duo is supposed to be the next big thing in video calling.\n\nSo now we have Skype from Microsoft, Facetime from Apple, and Google with Duo. Each big company has its own equivalent service, each stuck in its own bubble. These services may be great, but they aren’t exactly what we imagined during the dream years when the internet was being built.\n\nThe original purpose of the web and internet, if you recall, was to build a common neutral network which everyone can participate in equally for the betterment of humanity. Fortunately, there is an emerging movement to bring the web back to this vision and it even involves some of the key figures from the birth of the web. It’s called the Decentralised Web or Web 3.0, and it describes an emerging trend to build services on the internet which do not depend on any single “central” organisation to function.\n\nSo what happened to the initial dream of the web? Much of the altruism faded during the first dot-com bubble, as people realised that an easy way to create value on top of this neutral fabric was to build centralised services which gather, trap and monetise information.\n\nSearch Engines (e.g. Google), Social Networks (e.g. Facebook), Chat Apps (e.g. WhatsApp) have grown huge by providing centralised services on the internet. For example, Facebook’s future vision of the internet is to provide access only to the subset of centralised services it endorses (Internet.org and Free Basics).\n\nMeanwhile, it disables fundamental internet freedoms such as the ability to link to content via a URL (forcing you to share content only within Facebook) or the ability for search engines to index its contents (other than the Facebook search function).\n\nWeb 3.0: Decentralized Internet Projects\n\nThe Decentralised Web envisions a future world where services such as communication, currency, publishing, social networking, search, archiving etc are provided not by centralised services owned by single organisations, but by technologies which are powered by the people: their own community. Their users.\n\nCreating a new internet infrastructure which is decentralized has a number of benefits. Because there is no central authority, or central computer server, which is ‘in charge’ of running a service or website there is nobody the government can go to if they want to censor information which they don’t like. This makes decentralized technologies heavily censorship resistant. This also means that instead of a company being in charge of your data — and therefore being able to use it for their own nefarious purposes behind your back — your data is encrypted and held across a distributed network in a form only you can access. This means that a decentralized internet is likely to have higher privacy standards than our currency technology allows for. The lack of central servers also makes it harder for hackers to break into the sites you use and steal things.\n\nThe economics of a decentralized internet are also interesting, as it opens up the possibility for ordinary users of a network to contribute towards its upkeep, and potentially even earn a profit for doing so. The use of another decentralization technology — cryptocurrency — is usually suggested as a way to do this.\n\nJust as the internet itself triggered a grand re-levelling, taking many disparate unconnected local area networks and providing a new neutral common ground that linked them all, now we see the same pattern happening again as technology emerges to provide a new neutral common ground for higher level services. And much like Web 2.0, the first wave of this Web 3.0 invasion has walked among us for several years already.\n\n\nAs the Decentralised Web attracts the interest and passion of the mainstream developer community, there is no telling what new economies will emerge and what kinds of new technologies and services they will invent. The one certainty is they will intrinsically support their communities and user bases just as much as the interests of their creators.!",
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