![]() The services can be accessed at the MEDEX site via the portal on the International Gateway website at. These services can also be purchased at a discount by members of the Cornell community traveling independently (e.g., student's or staff member's personal travel over spring break). ![]() "Not only are the comprehensive MEDEX services available to the Cornell community, they are free for our faculty, staff and students traveling on Cornell business," Pell said. "In addition to the services previously available through ISOS, travelers will find some enhancements in capabilities and services provided by MEDEX," said Allen Bova, director of Risk Management and Insurance, who made the announcement with Vice Provost for International Relations Alice Pell. Replacing International SOS as of March 18, MEDEX services include pre-travel information, emergency services, medical assistance, medical evacuation, repatriation, security and political evacuation. Theoretically, extreme risk-takers can take a bet that sentiment will again return to the mining firm.Although most trips go smoothly, when the unexpected occurs, Cornellians now can turn to MEDEX Global Solutions, a leading provider of international travel assistance services, for 24-hour travel emergency services. To be fair, I did notice that in recent sessions, SOS stock appears to have bottomed. You can find any number of crypto miners that can offer you a credible business and fiscal resilience that won’t have you stirring in your sleep.Īvoid Getting Trapped in Technical Gyrations And while I like to view myself as an out-of-the-box thinker, I’m not finding any redeemable quality in SOS stock, other than the tired and boring centralization-as-an-asset argument.Īgain, not that’s a bad argument but it’s not specifically tied to SOS. If a chartered financial analyst is at a loss for words regarding the sensibility of a business strategy, then you’re probably not going to receive lucid intelligibility from a lesser-educated source. “On the contrary, it increases the riskiness of the company overall.” “I do not know, but I do not consider this mix of business activities a positive,” wrote Georgiadis. How will these disparate divisions work out in the future? It just costs more for that security hence, the high charges for wire transfers as opposed to crypto transfers.īut centralization is not an exclusive benefit to SOS stock and it’s largely where the positive argument for the underlying mining firm ends.Īs our own Stavros Georgiadis, CFA, mentioned, SOS bills itself as a crypto miner, artificial intelligence-based services provider and an insurance market business, apparently. You get unprecedented confidence, security and insurance with centralized protocols tied to reputable government agencies. Or, if you happen to get hacked, you can report the incident and procedures are available to redress this criminal activity.Ĭentralization received a bad rap as folks went crypto crazy but it’s not deserved. If you forget your password, you can get back into your account. SOS Stock Looks Like a Perennial Losing Betīut the problem is, that’s about the only thing that there is to like about SOS stock. ![]() Luckily, if you forget your password to the account holding your stake in SOS stock, you just need to undergo an automated recovery process. As The New York Times once mentioned, lost passwords have locked millionaires out of their Bitcoin fortunes.īelieve me, if it can happen to these folks, it can happen to all of us. Certainly, that makes crypto-related investments like SOS stock attractive.Īnd don’t make the assumption that forgetfulness in mundane or inconsequential digital accounts doesn’t translate to crypto markets. Yet Americans (and I’m sure citizens of other nations) consistently require a centralized service to remedy their memory. If you’re a true crypto proponent, you need to do whatever it takes to memorize your password. More than half of Americans say they have to execute at least five password resets each month on average spending at least 10 minutes each time doing so.” For millions, that’s a problem.įor instance, a recent poll indicated that “memorizing passwords is so difficult that two in three respondents (65%) say they will forget it unless they write it down somewhere. But decentralization necessarily requires self-responsibility as the term also denotes deregulation. Yes, crypto and blockchain proponents will proclaim to the heavens the beauty and the brilliance of decentralized financial networks. Push comes to shove, if I had to propose an optimistic argument for SOS stock, it would come down to the fact that centralization has its own strengths.
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