21/11/2015

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:00:00. > :00:00.In about ten minutes we'll have this week's edition of Newswatch.

:00:00. > :00:35.How would you like to earn money just by doing this?

:00:36. > :00:46.Dan Simmons has been given exclusive access to a new global currency

:00:47. > :00:53.project which is backed by some big investors and which means that

:00:54. > :01:10.You can simply make money by walking.

:01:11. > :01:28.My footstep goes up, I make more money.

:01:29. > :01:36.It's a big change in life. Do you believe it? Yes.

:01:37. > :01:42.So we had that crazy idea that since we are walking so much,

:01:43. > :01:47.And since we didn't find anyone who actually does that, we decided to

:01:48. > :01:56.create an app that allows anyone to generate money by simply walking.

:01:57. > :01:59.It is a crazy idea from two crazy guys.

:02:00. > :02:07.Last year's project, a $7 US bee stick that acts like a computer,

:02:08. > :02:16.went from one school in Nairobi, to now being used in 87 countries.

:02:17. > :02:19.Now they have schmoozed $10 million from Japanese investors to create

:02:20. > :02:30.Unlike bitcoins, the bitwalking dollar won't be mine

:02:31. > :02:34.It will be generated by human movement.

:02:35. > :02:36.Like today's wristbands and fitness trackers, the go app counts

:02:37. > :02:42.the steps you take, shows how many bitwalking dollars you make and

:02:43. > :02:55.By now you have probably had the same thought is me.

:02:56. > :03:04.It uses GPS tracking, motion type and speed sensing,

:03:05. > :03:07.and it caps most of what humans can reasonably do, limiting earnings to

:03:08. > :03:20.But you will be able to buy extra bitwalking dollars to make that big

:03:21. > :03:35.And depending who you buy from, that could make a huge impact.

:03:36. > :03:37.Malawi stands on the verge of a food crisis.

:03:38. > :03:39.The average rural income is $1.50 a day.

:03:40. > :03:42.And the President's platitudes were swiftly followed up by a 10% tax

:03:43. > :03:49.Nobody is suggesting that bitwalking will sort this out any time soon.

:03:50. > :03:51.A growing but still small number own smartphones here.

:03:52. > :03:53.But for those few it could make a difference.

:03:54. > :03:57.Salim walks two hours a day to teach technology in the local school.

:03:58. > :03:59.We take walking is as simple as nature.

:04:00. > :04:03.But this time it will change my life because as I will be walking

:04:04. > :04:12.Creating a new currency is a careful balancing act.

:04:13. > :04:14.If the money behind it runs out, it falls over.

:04:15. > :04:17.But bitwalking will start in just a few countries.

:04:18. > :04:19.It has a big partner in Japanese electronics giant Murata,

:04:20. > :04:21.whose staff actually do this exercise every morning.

:04:22. > :04:24.They are also making a bitwalking bracelet to do away

:04:25. > :04:33.And there is evidence you do not too much cash to get people on board.

:04:34. > :04:41.Japan's largest convenience store, Lawson,

:04:42. > :04:45.has a scheme that pays workers $50 a year to keep fit and eat well.

:04:46. > :04:51.Like this scheme, bitwalking dollars will only be

:04:52. > :04:54.initially be able to spent in one store, an online one which

:04:55. > :04:57.Crucially, giving employers, sports brands, health insurance

:04:58. > :05:00.companies, or anyone who has an interest in getting us moving,

:05:01. > :05:04.to join this scheme and accept the dollars will be the real test.

:05:05. > :05:09.But let's not forget the wealth of information a project

:05:10. > :05:13.Retailers want to get to know us personally more than ever.

:05:14. > :05:15.Details about our daily routines, well, that could be

:05:16. > :05:25.And one of the main reasons that bitwalking may actually succeed.

:05:26. > :05:28.Concerns around privacy and security are being taken seriously.

:05:29. > :05:30.Whether a currency that can be endlessly

:05:31. > :05:32.printed by walking can succeed will make this an interesting experiment,

:05:33. > :05:35.as it launches this weekend across several countries, including

:05:36. > :05:44.Dan, please tell me you did what all the way from Japan to Malawi

:05:45. > :05:48.No! OK.

:05:49. > :05:57.But I have to wonder what really is in it for the backers,

:05:58. > :05:59.for the people pouring loads of money into this?

:06:00. > :06:02.It is about being part of something that will probably be

:06:03. > :06:06.The project is about environmental beliefs, it is about social equity,

:06:07. > :06:20.A lot of the companies thought to be backing this scheme who will come on

:06:21. > :06:22.board, will be insurance companies, will be sports companies.

:06:23. > :06:24.They'll want to be associated with something like this.

:06:25. > :06:27.And it will be in their interest because we will maybe buy more

:06:28. > :06:31.Well, if we're walking we're going to need more trainers, right?

:06:32. > :06:35.The other thing that strikes me is that

:06:36. > :06:39.at the moment bitwalking dollars can only be spent on the online store.

:06:40. > :06:42.This thing lives or dies by which companies are willing to give

:06:43. > :06:50.It is whether people want what is on the store and whether there is

:06:51. > :06:52.enough of these products to satisfy demand, depending

:06:53. > :06:54.on how quickly people start earning these bitwalking dollars.

:06:55. > :06:57.These are the early days of a new currency, a new idea.

:06:58. > :07:00.We're not sure it's going to get off the ground or not.

:07:01. > :07:04.If it does, great, if it doesn't, that will be an Achilles heel.

:07:05. > :07:17.100 years ago this week, Albert Einstein unveiled his general

:07:18. > :07:20.theory of relativity, one of the most ground-breaking, space

:07:21. > :07:36.He studied and later returned to work here at ETH, Zurich, the Swiss

:07:37. > :07:40.And I have come to see some of the records of the man

:07:41. > :07:44.These are Albert Einstein's marks when he was an undergraduate here.

:07:45. > :07:50.And what is most amusing is in the third year in practical physics,

:07:51. > :08:01.I think the theory is actually not that it wasn't very good at physics,

:08:02. > :08:07.it was actually that he didn't bother turning up.

:08:08. > :08:10.So what are the theories of special and general relativity?

:08:11. > :08:14.Well, I would love to put them in a nutshell for you, but to do

:08:15. > :08:20.so I would need to accelerate them close to the speed of light.

:08:21. > :08:24.Maybe it is enough to say that they have shaped our understanding

:08:25. > :08:26.of the universe, of black holes, of the Big Bang.

:08:27. > :08:30.And Einstein did not stop at relativity.

:08:31. > :08:34.His further thinking gave birth to the idea of quantum physics.

:08:35. > :08:38.And that is a very weird world indeed, where

:08:39. > :08:43.things can be two things at once, or be in two places at the same time.

:08:44. > :08:48.But he himself found the whole area far too weird.

:08:49. > :08:51.So I wonder what he would have made of what is in this lab?

:08:52. > :08:58.It's a laser table with a quantum computer in the middle of it.

:08:59. > :09:14.The laser pushes the atom and it changes the shape of the atom.

:09:15. > :09:19.These are our tools for controlling the information in the atom.

:09:20. > :09:25.Believe it or not, it's a very basic one.

:09:26. > :09:29.Now quantum computers deal with data in a very different

:09:30. > :09:35.Instead of using bits that are either zero

:09:36. > :09:38.or one, these things deal with quantum bits, q-bits, that are both

:09:39. > :09:48.What kind of problems would a quantum computer

:09:49. > :09:52.be able to deal with that a classical computer can't?

:09:53. > :10:01.One of the standout problems is in cryptography,

:10:02. > :10:04.which relies on big numbers that you can't process in a computer.

:10:05. > :10:06.Some algorithms in a quantum computer can break

:10:07. > :10:10.into these numbers in a way that a classical computer could never do.

:10:11. > :10:15.They're calcium atoms that can each be in two shapes at the same time.

:10:16. > :10:27.A chain of these can in theory solve a problem extremely quickly by

:10:28. > :10:30.considering all possible solutions at the same time and then jumping to

:10:31. > :10:36.Now I say in theory, because this whole field is still

:10:37. > :10:41.How close are we to having quantum computers that

:10:42. > :10:51.This lab here operates a quantum transistor, maybe many times.

:10:52. > :10:53.We need maybe a million quantum transistors to get

:10:54. > :11:02.We will need to shrink this down quite a bit.

:11:03. > :11:05.What would Einstein have made of this?

:11:06. > :11:08.He did not like the basic laws of quantum mechanics.

:11:09. > :11:11.Here in this lab we have got the basic laws of quantum mechanics

:11:12. > :11:16.So I think it may have set him at ease or it may have made him

:11:17. > :11:20.That is more than enough quantum for this, the short version

:11:21. > :11:25.Much more great stuff in the full version, which you can