Wanxiang Blockchain and PlatON Launch Consortium Blockchain Infrastructure to Meet the Needs of Data Sensitive Businesses

Counting Minsheng Life Insurance as one of its partners, PlatONE is aimed at the financial services, supply chain, and logistics sector   Beijing, China –  Wanxiang Blockchain, a non-profit research institution focusing on blockchain technology, and PlatON, the pioneering global privacy-preserving computing network announced the launch of an open-source consortium blockchain infrastructure, PlatONE. PlatONE addresses the existing inadequacies in today’s blockchain infrastructures and provides greater security, scalability, and privacy for data sensitive industries looking to gain the benefits of blockchain. With its emphasis on privacy-preserving computing and efficient, optimised consensus,…

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Zilliqa Partners with ChainSecurity to Drive Enterprise-Grade Security Standards

Along with Scilla, developers will be able to utilise additional security resources to fortify their smart contracts   Singapore — Zilliqa, the high-throughput blockchain platform, has partnered with ChainSecurity, a leading blockchain security provider, to develop a host of security tools and resources for the Zilliqa ecosystem. With the project’s existing emphasis on smart contract safety, evidenced by its secure-by-design smart contract language, Scilla, the collaboration looks to address the need for greater security standards and infrastructures in the blockchain industry.    ChainSecurity will be developing an extensible static analysis…

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A quarter of UK businesses have been cryptojacked, reveals new research

ALondon – Cryptojacking has already affected large numbers of UK businesses, according to new research from CybSafe, the cyber security awareness and data analytics company. In CybSafe’s survey of 250 IT decision-makers at UK small and medium-sized enterprises (SMEs), 25% of respondents reported that one or more computers on their system had been cryptojacked in the last 12 months.   Cryptojacking is a process by which hackers hijack a computer’s processing power to mine for cryptocurrencies. As a result of high processor usage, computers infected with cryptojacking malware tend to…

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Is Multi-Factor Authentication the Answer for Fintech?

With each application and website that hosts financial data such as bank details, there are several access points for hackers to enter and steal confidential financial information. Identity theft is the singular most common criminal occurrence and research has shown that individuals will be hacked at least once in their lives.    Banks are increasingly fielding complaints and lawsuits that hold them partially responsible for identity theft. The increasing sophistication of fraud has led to the need for more advanced security in Fintech applications and websites.   Traditionally, a numeric…

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AmaZix Enters into Partnership with Privacy-Centric Messenger App FortKnoxster

Hong Kong – AmaZix, the global blockchain strategic consulting and marketing agency, today announced it has partnered with cyber-security firm FortKnoxster, developer of the most secure and privacy-oriented all-in-one peer-to-peer encrypted communication platform. AmaZix and FortKnoxster will work together to promote the platform in the crypto community and beyond.     FortKnoxster is aimed at businesses and individuals who require the highest level of security. The platform offers zero-knowledge, end-to-end, military-grade encryption, which means only the end-customer has access to their own data and messages. FortKnoxster will be joining AmaZix’s…

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What does Google know about me?

Facebook has been in the news lately about privacy breaches but what about Google? We all use Google on a daily basis, so what does Google actually know about you?         Who you are Things like facial recognition,  voice recognition and tracking your search data, Google has a pretty good idea of who you are and also where you live. Yes, Google knows what you look like, what you sound like, it knows how healthy your are, it knows if you have children, your religious affiliation or…

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Stanford Team Designs Findora Platform to Decentralize the Financial System

Findora ensures data privacy, regulatory compliance, and full scalability   Menlo Park, California – A team of entrepreneurs and academics has unveiled the development of Findora, a cryptographically transparent public blockchain for building financial applications.   Findora’s leadership team is comprised of experienced entrepreneurs and Stanford academics, including Charles Lu, Ben Fisch, Benedikt Bünz, and John Powers. Fisch and Bünz are each known for several inventions in the blockchain sphere, including Bulletproofs, verifiable delay functions, and Filecoin’s proof-of-storage. Powers is the former CEO of Stanford’s USD $25 billion fund.   …

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Crypto Exchanges Conquering the Market for Initial Coin Offerings

The market for digital assets such as Bitcoin is growing again and reached a market capitalization of USD 323 billion by the end of June 2019 Capital of USD 3.3 billion has been raised via crypto fundraising by the end of May 2019 The Initial Exchange Offerings offered via crypto exchanges are establishing themselves as a new fundraising instrument in the blockchain sector After various incidents, awareness of cybersecurity is growing   Zug, 26 June 2019 – While digital assets reached their lowest market capitalization in 21 months in February…

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Global Electric Vehicle Market – An inevitable step for the global auto market

  Once mocked as toys, electric vehicles have become an inevitable step for the global auto market. The fact that electric vehicle sales are on pace to reach over 1.6 million this year, up from just a few hundred thousand in 2014 is enough to portray the future of this exuberant industry. The government support across various countries in the form of grants, subsidies, and tax rebates is proving to be a major driving factor for the electric vehicle market. Improving charging infrastructure, increasing vehicle range, and reducing the cost…

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BLOCKCHAIN – Is Data Privacy possible in the Digital age?

  A poll carried out in 2018, revealed a staggering 90% of people were “very concerned” about their internet privacy. Data privacy and the importance of safeguarding personal data, along with how companies are using blockchain technology to empower individuals to take control of their own data, are among the topics explored in the commentary below:-   Nydia Zhang, Co-founder, and Chairman of Social Alpha Foundation, a not-for-profit grant making platform supporting blockchain technology for social good, commented: In this new data insecure world, privacy is the new premium service.…

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