The Financial system has witnessed rapid technological changes. The rise of Bitcoin and other crypto assets based on Distributed Ledger Technology mark a fundamental change in the way people transact and transmit value over a decentralized network, spread across geographies. This has created regulatory and tax policy blind spots, as governments and tax administrations take time to understand and provide policy responses to this innovative, revolutionary, and fast-paced technology. Due to the breakneck speed of innovation in blockchain technology and advent of Decentralized Finance, Decentralized Autonomous Organizations and the Metaverse, it is unlikely that the policy interventions and guidance by regulatory authorities or tax administrations would be ahead or in sync with the pace of innovation. This paper tries to explain the principles on which crypto assets function, their underlying technology and relates them to the tax issues and taxable events which arise within this ecosystem. It also provides instances of tax and regulatory policy responses already in effect in various jurisdictions, including the recent changes in reporting standards by the FATF and the OECD. This paper tries to explain the rationale behind existing laws and policies and the challenges in their implementation. It also attempts to present a ballpark estimate of tax potential of this asset class and suggests creation of global public digital infrastructure that can address issues related to pseudonymity and extra-territoriality. The paper analyses both direct and indirect taxation issues related to crypto assets and discusses more recent aspects like proof-of-stake and maximal extractable value in greater detail.
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We extend elliptical slice sampling, a Markov chain transition kernel suggested in Murray, Adams and MacKay 2010, to infinite-dimensional separable Hilbert spaces and discuss its well-definedness. We point to a regularity requirement, provide an alternative proof of the desirable reversibility property and show that it induces a positive semi-definite Markov operator. Crucial within the proof of the formerly mentioned results is the analysis of a shrinkage Markov chain that may be interesting on its own.
We study the properties of a family of distances between functions of a single variable. These distances are examples of integral probability metrics, and have been used previously for comparing probability measures on the line; special cases include the Earth Mover's Distance and the Kolmogorov Metric. We examine their properties for general signals, proving that they are robust to a broad class of deformations. We also establish corresponding robustness results for the induced sliced distances between multivariate functions. Finally, we establish error bounds for approximating the univariate metrics from finite samples, and prove that these approximations are robust to additive Gaussian noise. The results are illustrated in numerical experiments, which include comparisons with Wasserstein distances.
The emerging behaviors of swarms have fascinated scientists and gathered significant interest in the field of robotics. Traditionally, swarms are viewed as egalitarian, with robots sharing identical roles and capabilities. However, recent findings highlight the importance of hierarchy for deploying robot swarms more effectively in diverse scenarios. Despite nature's preference for hierarchies, the robotics field has clung to the egalitarian model, partly due to a lack of empirical evidence for the conditions favoring hierarchies. Our research demonstrates that while egalitarian swarms excel in environments proportionate to their collective sensing abilities, they struggle in larger or more complex settings. Hierarchical swarms, conversely, extend their sensing reach efficiently, proving successful in larger, more unstructured environments with fewer resources. We validated these concepts through simulations and physical robot experiments, using a complex radiation cleanup task. This study paves the way for developing adaptable, hierarchical swarm systems applicable in areas like planetary exploration and autonomous vehicles. Moreover, these insights could deepen our understanding of hierarchical structures in biological organisms.
Graph is an important data representation which occurs naturally in the real world applications \cite{goyal2018graph}. Therefore, analyzing graphs provides users with better insights in different areas such as anomaly detection \cite{ma2021comprehensive}, decision making \cite{fan2023graph}, clustering \cite{tsitsulin2023graph}, classification \cite{wang2021mixup} and etc. However, most of these methods require high levels of computational time and space. We can use other ways like embedding to reduce these costs. Knowledge graph (KG) embedding is a technique that aims to achieve the vector representation of a KG. It represents entities and relations of a KG in a low-dimensional space while maintaining the semantic meanings of them. There are different methods for embedding graphs including random walk-based methods such as node2vec, metapath2vec and regpattern2vec. However, most of these methods bias the walks based on a rigid pattern usually hard-coded in the algorithm. In this work, we introduce \textit{subgraph2vec} for embedding KGs where walks are run inside a user-defined subgraph. We use this embedding for link prediction and prove our method has better performance in most cases in comparison with the previous ones.
The complex challenge of detecting sarcasm in Arabic speech on social media is increased by the language diversity and the nature of sarcastic expressions. There is a significant gap in the capability of existing models to effectively interpret sarcasm in Arabic, which mandates the necessity for more sophisticated and precise detection methods. In this paper, we investigate the impact of a fundamental preprocessing component on sarcasm speech detection. While emojis play a crucial role in mitigating the absence effect of body language and facial expressions in modern communication, their impact on automated text analysis, particularly in sarcasm detection, remains underexplored. We investigate the impact of emoji exclusion from datasets on the performance of sarcasm detection models in social media content for Arabic as a vocabulary-super rich language. This investigation includes the adaptation and enhancement of AraBERT pre-training models, specifically by excluding emojis, to improve sarcasm detection capabilities. We use AraBERT pre-training to refine the specified models, demonstrating that the removal of emojis can significantly boost the accuracy of sarcasm detection. This approach facilitates a more refined interpretation of language, eliminating the potential confusion introduced by non-textual elements. The evaluated AraBERT models, through the focused strategy of emoji removal, adeptly navigate the complexities of Arabic sarcasm. This study establishes new benchmarks in Arabic natural language processing and presents valuable insights for social media platforms.
Generalization to unseen data is a key desideratum for deep networks, but its relation to classification accuracy is unclear. Using a minimalist vision dataset and a measure of generalizability, we show that popular networks, from deep convolutional networks (CNNs) to transformers, vary in their power to extrapolate to unseen classes both across layers and across architectures. Accuracy is not a good predictor of generalizability, and generalization varies non-monotonically with layer depth.
This thesis is a corpus-based, quantitative, and typological analysis of the functions of Early Slavic participle constructions and their finite competitors ($jegda$-'when'-clauses). The first part leverages detailed linguistic annotation on Early Slavic corpora at the morphosyntactic, dependency, information-structural, and lexical levels to obtain indirect evidence for different potential functions of participle clauses and their main finite competitor and understand the roles of compositionality and default discourse reasoning as explanations for the distribution of participle constructions and $jegda$-clauses in the corpus. The second part uses massively parallel data to analyze typological variation in how languages express the semantic space of English $when$, whose scope encompasses that of Early Slavic participle constructions and $jegda$-clauses. Probabilistic semantic maps are generated and statistical methods (including Kriging, Gaussian Mixture Modelling, precision and recall analysis) are used to induce cross-linguistically salient dimensions from the parallel corpus and to study conceptual variation within the semantic space of the hypothetical concept WHEN.
Differential privacy has emerged as an significant cornerstone in the realm of scientific hypothesis testing utilizing confidential data. In reporting scientific discoveries, Bayesian tests are widely adopted since they effectively circumnavigate the key criticisms of P-values, namely, lack of interpretability and inability to quantify evidence in support of the competing hypotheses. We present a novel differentially private Bayesian hypotheses testing framework that arise naturally under a principled data generative mechanism, inherently maintaining the interpretability of the resulting inferences. Furthermore, by focusing on differentially private Bayes factors based on widely used test statistics, we circumvent the need to model the complete data generative mechanism and ensure substantial computational benefits. We also provide a set of sufficient conditions to establish results on Bayes factor consistency under the proposed framework. The utility of the devised technology is showcased via several numerical experiments.
Hashing has been widely used in approximate nearest search for large-scale database retrieval for its computation and storage efficiency. Deep hashing, which devises convolutional neural network architecture to exploit and extract the semantic information or feature of images, has received increasing attention recently. In this survey, several deep supervised hashing methods for image retrieval are evaluated and I conclude three main different directions for deep supervised hashing methods. Several comments are made at the end. Moreover, to break through the bottleneck of the existing hashing methods, I propose a Shadow Recurrent Hashing(SRH) method as a try. Specifically, I devise a CNN architecture to extract the semantic features of images and design a loss function to encourage similar images projected close. To this end, I propose a concept: shadow of the CNN output. During optimization process, the CNN output and its shadow are guiding each other so as to achieve the optimal solution as much as possible. Several experiments on dataset CIFAR-10 show the satisfying performance of SRH.
Within the rapidly developing Internet of Things (IoT), numerous and diverse physical devices, Edge devices, Cloud infrastructure, and their quality of service requirements (QoS), need to be represented within a unified specification in order to enable rapid IoT application development, monitoring, and dynamic reconfiguration. But heterogeneities among different configuration knowledge representation models pose limitations for acquisition, discovery and curation of configuration knowledge for coordinated IoT applications. This paper proposes a unified data model to represent IoT resource configuration knowledge artifacts. It also proposes IoT-CANE (Context-Aware recommendatioN systEm) to facilitate incremental knowledge acquisition and declarative context driven knowledge recommendation.
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