Wednesday, December 20, 2017

Los Angeles fire department using surveillance drones to help fight wildfires

(December 11) The horrible fires over Los Angeles, San Diego, and Ventura counties that have destroyed over 500 structures and forced over 200,000 to flee is now being surveyed by drones which can track the path of the fire and survey damaged property.
Los Angeles Fire Dept. using drones
Chief of the Los Angeles Fire Department (LAFD) Ralph Terrazas said at a recent news conference: “For the first time ever, we’re going to use our drones,"
Shortly after Terrazas' remarks, a firefighter launched one of two quadcopters and flew it over the adjacent Skirball fire. The fire destroyed at least six mansions in the luxurious Bel Air area.
As can be seen from the attached video, the drones give a clear detailed view of the fire damage from their excellent cameras.
The drones also gave the firefighters information on remaining hotspots and a view of the exact path of the fire.
Although the Skirball fire is tiny compared to many other wildfires burning in the LA area, it nevertheless provided a good test run for the drones as it is near homes and the 405 freeway. It showed how much detail the drones can see.
There were two tests each lasting about a half hour.
Special waivers needed to launch drones
The emergency services need to get a special certificate from the FAA. They apply for "Certificates of Waiver or Authorization" for specific missions. This is necessary to avoid violating rules restricting the use of the drones and the emergency services are bound by these rules just as are commercial enterprises.
Drones soon pay for themselves
Although the department spent $50,000 for 8 drones, the drones eliminate the need to rent infrared cameras that are attached to helicopters. The helicopter flights equipped with cameras have very steep operating costs compared to the drones.
According to Dronefly a vendor of these drones, 347 different public services bought drones from 2009 to 2017. Sixty nine were fire departments.
London firefighters used a drone during the Grenfell Tower blaze last June to get a good idea of where the flames were spreading and where residents might be trapped.
Ordinary fixed wing planes sometimes cannot operate against southern California fires
At times the Santa Ana winds are so strong that fixed wing planes cannot operate. The job of dropping fire retardant falls to helicopter pilots. The giant Boeing 747 SuperTanker is often not of much use given the weather and the terrain.
Lockheed Martin, Sikorsky, and Aurora Flight Sciences are developing autonomous helicopters who might be able to do some of the work that piloted helicopters do now.
Flying cars
Added to the mix of drones and autonomous helicopters there may be flying cars.
Firefighters around the world are watching as vertical takeoff and landing vehicles are being developed.
Others are interested in their development as well. The vehicles will be great for shuttling people around cities. They would be useful in emergencies and would circumvent traffic jams. They could also airlift victims from burning buildings to hospitals. They would have lower operating costs than helicopters and simpler controls.
Wired takes a look at some 10 different flying car concepts in development. It may be some time before any of these are commercially viable and regulations exist governing their use.

Previously published in Digital Journal
against-california-wildfires/article/509664#ixzz51r4s0a00

Launch of first bitcoin futures exchange at CBOE causes website problems

(December 11)The Chicago Board Options Exchange (CBOE) launched its first bitcoin futures contracts at 6 PM Eastern Standard Time this Sunday evening December 10.
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Too much traffic at launch
The website of CBOE became unavailable just as the bitcoin futures contract was launched. CBOE blamed the downtime on the heavy traffic. However, the incident also happened at the same time as a sudden jump in the price of bitcoin. It went from $14,509 at 22.59 Coordinated Universal time (UTC) to $15,732 at 23:06 UTC.
First future contract sales
The first contracts will expire on January 17th 2018 with other contracts to expire on March 14th. CNBC claims that 672 January contracts had been sold as of 7:10 PM with CNBC reporting the price at $15,800.
A Reuters report said that trading opened at $15,460 but then leaped to a high of $17,000 on Monday (UTC). When the Reuters article went to press the price was quoted at $17,120 a premium of one thousand dollars over its price on the Gemini exchange.
The futures are cash-settled contracts based on the auction price of bitcoin in U.S. dollars on the Gemini exchange. The Gemini Exchange is owned and operated by the cryptocurrency entrepreneurs Cameron and Tyler Winklevoss.
Today's launching may be a sign of more future developments
The launch of the futures trading allows investors to bet for or against the bitcoin price without buying or selling the coin.
A further development slated for next week is the launching of futures trading by the huge Chicago Mercantile Exchange (CME).
There is hope that the future trading will lead to the revival of pressure for development of a bitcoin exchange-traded fund (ETF).
Edward Tilly CEO of the CBOE said that the exchange could use information from the futures trading to make a case before the Securities and Exchange Commission (SEC) to allow the development both of bitcoin-linked ETS but also exchange-trade notes (ETNs)
ETFs are tradeable securities linked to an index, commodity or basket of assets and can be purchased by retail investors. People who are attracted to bitcoin due to its price gains might find the ETFs appealing since they would not involve the hassles and the risks involved with storing the coin and securing it.
Earlier this year, the SEC rejected an attempt by Gemini to start an ETF. One SEC concern was the lack of other regulated bitcoin products. However the bitcoin futures trading will be regulated by the Commodity Futures Trading Commission. Another attempt to start an ETF could be looked on more favorably.
Tilly said: "All of that information goes into building the next steps. One of those potential next steps would be moving into ETFs and ETNs that would take SEC approval."
Price of bitcoin recovering
After reaching a low of around $13,300 yesterday, the price of bitcoin climbed back up and opened on Monday about four hours ago at over $15,000 but as I write this it is now at about $16,300 a gain of well over $1,200 in four hours. Volatility appears to persist for now.

Previously published n Digital Journal

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