Your Storage Problems, Solved, Thanks to ‘Superman Memory Crystal'
The "Superman Memory Crystal" represents a major breakthrough in the field of data storage.
For the March issue of Waters, I wrote about advancements in machine learning and how capital markets firms are trying to tap into some of the newer techniques. (The story should be posted on WatersTechnology.com next week.)
One of the main reasons why machine learning is gaining more traction is due to improved capacity for storing data. In order to run a market-timing strategy, for example, using machine-learning techniques: You need to take in a massive amount of data; you have to be able to store that data; and you have to be able to retrieve and then analyze that data.
It can be a daunting, time-consuming process that also requires a hefty price tag. But, advancements are being made. In fact, a HUGE advancement was announced just this week.
Scientists at the University of Southampton in the UK have created a five dimensional (5D) digital data recording and retrieval process using nanostructured glass. They dubbed it the "‘Superman Memory Crystal', as the glass memory has been compared to the memory crystals used in the ‘Superman' films.'"
According to the university, the storage allows for 360 TB/disc data capacity that can remain stable for 13.8 billion years at 190-degrees Celsius. "Now, major documents from human history such as Universal Declaration of Human Rights (UDHR), Newton's Opticks, Magna Carta and Kings James Bible, have been saved as digital copies that could survive the human race," according to a story published on Southampton's website.
Using femtosecond (one-one quadrillionth of a second) laser writing, the data is recorded via self-assembled nanostructures created in fused quartz, according to the institution:
The information encoding is realised in five dimensions: the size and orientation in addition to the three dimensional position of these nanostructures.
Professor Peter Kazansky, from the ORC, says: "It is thrilling to think that we have created the technology to preserve documents and information and store it in space for future generations. This technology can secure the last evidence of our civilisation: all we've learnt will not be forgotten."
Dueling For Dominance
OK, so great, this breakthrough can record the entirety of human existence. Now we can shoot this chip into outer space so that long after we've been wiped off the face of this planet, aliens can potentially read about how in 2016 Donald Trump, Bernie Sanders and Michael Bloomberg finished in a three-way tie for the presidency that resulted in the greatest quick-draw duel seen since Alexander Hamilton was done in by Aaron Burr. Fantastic.
But what about the capital markets?
Well, right now this milestone doesn't mean much of anything in the near-term, but it's certainly fun to think about and imagine the possibilities. The key takeaway here, though, is the mind-numbing rate of scientific advancement.
Consider that in 2013, which is when this technology was first introduced, researchers were able make a 300 kb digital copy of a text file and successfully record that in 5D ─ 300 kb is 0.000000279, or 3x10^7, terabytes.
When it comes to data storage, or artificial intelligence, or cosmic exploration, the rate of advancement has been incredible. That's why data scientists, quants and various types of engineers are so in demand...and expensive.
So when you hear about how revolutionary blockchain is, it's kind of amusing. Or, maybe I'm just really tired of reading and writing about distributed ledgers and bitcoin.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Data Management
Tech VC funding: It’s not just about the money
The IMD Wrap: It’s been a busy year for tech and data companies seeking cash to kick-start new efforts. Max details how some are putting the fun into fundraising.
BNY uses proprietary data store to connect disparate applications
Internally built ODS is the “bedrock” upon which BNY plans to become more than just a custodian bank.
Waters Wavelength Ep. 296: Questions about data quality
It’s all about the data, data, data.
The AI boom proves a boon for chief data officers
Voice of the CDO: As trading firms incorporate AI and large language models into their investment workflows, there’s a growing realization among firms that their data governance structures are riddled with holes. Enter the chief data officer.
FactSet launches conversational AI for increased productivity
FactSet is set to release a generative AI search agent across its platform in early 2025.
If M&A picks up, who’s on the auction block?
Waters Wrap: With projections that mergers and acquisitions are geared to pick back up in 2025, Anthony reads the tea leaves of 25 of this year’s deals to predict which vendors might be most valuable.
ICE Connect adds data integration capabilities for proprietary data
Intercontinental Exchange’s desktop platform is collaborating with CloudQuant to allow customers to integrate in-house data and analytics with the datasets found on its ICE Connect platform.
MIAX taps DataBP for exchange data licensing, custom contracts
To support planned growth of its data business, the exchange group has implemented DataBP’s platform to strengthen its licensing process and scale up its distribution capabilities in anticipation of end-user demand.