How your printer snitches on you

  Printers and privacy are in a complicated relationship – When you print, scan, or copy a document at home or in the office, it might look like any other document to your eyes. But, unbelievably, data on the page make it possible to track almost every document you’ve ever scanned, printed, or photocopied back to you. 1.Printer logs   All modern printers keep some form of log. Depending on the make and model, the logs can be highly intrusive and even go as far as indefinitely retaining full copies of…

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EOT Wallet signs up 6000 users in record time

New wallet provider, EOTwallet.com has hit the Crypto road running with more than 6 000 users signed up in the first few days of launch.   Currently, the service offers a Bitcoin and EOT wallet with an easy to use client interface. There is also a shop for easy EOT purchases. The site also hosts an interactive chat where users can discuss all things Crypto.     Revenge of the Faucet   The most popular feature of EOTwallet.com has been the EOT Faucet, it has been so popular in fact…

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Bitcoin News Review – 2 May 2018

Digital economy news highlights from today:-   CryptoUK Trade Association Calls On MPs To Regulate Cryptocurrency Sector In UK   Dubai Government Unveils Blockchain Business Registry   Ethereum Foundation ‘Extremely Comfortable’ ETH Is Not A Security, Co-Founder Lubin Says   OTOY Introduces RNDR, Blockchain-Based Rendering Platform Built on the Ethereum Blockchain     Barclays’ CEO Refutes Rumors The Bank Is Opening Crypto Trading Desk Historic Korean Peace Declaration Recorded on Ethereum Blockchain According to a report from CoinDesk Korea, Ryu Gi-hyeok, a 27-year-old game developer from South Korea, has coded…

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What is Oracle and why it is so important?

Since Oracle is the only way for smart contracts to interact with data outside of the Blockchain environment, it performs core functions and plays an indispensable role in cryptocurrency and Blockchain industry. Generally speaking, Oracle is a third-party agent that finds and verifies real-world occurrences and submits this information to a blockchain to be used by smart contracts.     The Oracle might be considered as a data feed specially designed for use in smart contracts. It provides the necessary data to trigger smart contracts to execute when the original…

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Walmart files patent for IoT Robotic Bees that pollinate plants

  Retail giant, Walmart, has joined many in trying to resolve the problem facing our world caused by the endangerment of bees.  Bees are regarded to be one of the world’s most important species as most crops (about 70 percent) today require pollination to develop fruit, vegetables, nuts, and seeds.     On 8 March 2018, Walmart filed a patent for autonomous robotic bees which can pollinate plants.  Five other patents were also filed and these included additional farming drones such as drones used to track down pests and drones…

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What is the Bitcoin of Things?

We are in a world where more and more devices are linked to the internet, this is called IoT or the Internet of Things. It is estimated that more than 50 Billion devices will be linked to the internet by 2020. The connection of these devices does not only create opportunities but is also a massive security risk.     Hacking of IoT Devices   Unfortunately, a lot of manufacturers are rushing their IoT devices to the market, ignoring the risks that hackers pose.   These threats were researched in…

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How difficult is it to make an EOT payment?

EOT payments are easier to make than debit or credit card purchases, and anyone can receive it as all that is required is a wallet application.     Payments are made from a wallet application, either on your computer, laptop or smartphone, by entering the recipient’s address, the payment amount, and pressing send. Some wallets use QR codes to make the exchange of recipients’ addresses easier.     What are the advantages of EOT? You are in control of your own money It is possible to send and receive EOT…

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Gartner Says Worldwide IoT Security Spending Will Reach $1.5 Billion in 2018

STAMFORD, Conn., March 21, 2018 – Press Release – By 2021, Regulatory Compliance Will Become the Prime Influencer for IoT Security Uptake.  Internet of Things (IoT)-based attacks are already a reality. A recent CEB, now Gartner, survey found that nearly 20 percent of organizations observed at least one IoT-based attack in the past three years. To protect against those threats Gartner, Inc. forecasts that worldwide spending on IoT security will reach $1.5 billion in 2018, a 28 percent increase from 2017 spending of $1.2 billion. “In IoT initiatives, organizations often don’t have control over…

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What is the Current State of Global Cybercrime?

Cybercrime is a global threat as predicted by Ginni Rometty, IBM’s chairman, president and CEO, in 2015:- “We believe that data is the phenomenon of our time. It is the world’s new natural resource. It is the new basis of competitive advantage, and it is transforming every profession and industry. If all of this is true—even inevitable—then cybercrime, by definition, is the greatest threat to every profession, every industry, every company in the world.”     These worlds are certainly ringing true and recently, RSA published the 2018 Current State…

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Coca-Cola strives to combat Forced Labour with Blockchain

  Forced labour, modern slavery and human trafficking is a global problem and according to the International Labour Organisation, there are approximately 25 million people who are victims of forced labour.  In a recent announcement, Coca-Cola Co, the U.S. State Department and, two other companies are launching a project using blockchain technology to create a secure registry for workers that will help in the fight against the use of forced labour worldwide.     Food and beverage companies need to address the risk of forced labour in the countries where…

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