BitVault®, World’s First Blockchain Phone releases it’s source code and design files on Github

Limerick, Ireland – 21 October 2018 -BitVault® Enterprise Solutions – After changing course earlier this year and deciding to focus all its efforts on enterprise solutions thus moving out of the consumer market, the developers announced today the release of all the BitVault® software on the Github open source platform.       A spokesperson from BitVault® confirmed that not only will the software be released as open source but all the hardware designs and specifications will be released as well thus making it possible for anyone to download either…

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IoT in Trouble if it does not overcome these 5 biggest challenges

As the IoT sector grows rapidly, there are challenges such as threats to cloud, scalability, lack of standardization, and others that need to be overcome to realize its optimum potential.   Internet of Things (IoT) has become a widespread cutting-edge technology with implementation in connected homes, traffic management, smart grid, and others. The technology has been advanced and human lives have become easier and efficient. The growth of implementation of IoT devices is gaining momentum in recent years and it will take more strides in coming years.     The…

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What is DigiByte?

  What is DigiByte – Founded in 2014, DigiByte is a cryptocurrency that offering secure, fast and forward thinking blockchain technology. With more than 4.5 years of solid development Digibyte is definitely a cryptocurrency that warrants a second look.     According to their website:  What is DigiByte – DGB? DigiByte is a public, rapidly growing and highly decentralized blockchain. DigiBytes are digital assets that cannot be destroyed, counterfeited or hacked, making them ideal for protecting objects of value like currency, information, property or important digital data. DigiBytes can be sent over…

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Blockchain meets AI to solve the problems of tomorrow’s economy

  ULedger and Fetch.ai Fuse the Power of Blockchain and Artificial Intelligence to Accelerate a Connected, Autonomous ‘Internet of Things’ Future.  ULedger’s blockchain oracle solution combines with Fetch.ai’s Smart Ledger to enhance Fetch’s decentralized digital world in which economic activity takes place independent of human intervention   BOISE, IDAHO, July 6, 2018 —  ULedger, the blockchain company bringing trust and transparency to data, has partnered with Fetch.AI. The Fetch system allows digital entities — representing IoT machines —  to interact and transact independently of human interaction, while maintaining a verifiable record…

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EOT, quietly creating the Economy of Things

New kid on the block EOT has quietly been creating what is being aptly called the Economy of Things.     The Economy of Things   We have all heard about the latest buzzword in the tech sector, IOT [Internet of things] with Billions of devices predicted to be connected to the internet in the next few years. A further development thought is that these devices are now becoming more intelligent with more processing power being added and connected artificial intelligence becoming a reality. The next step is the economic…

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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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Expedia’s Orbitz hacking exposes 880,000 customer details

A subsidiary of Expedia, Orbitz, an online travel booking company, has been hacked.  The data breach incident was detected in March 2018, however, the hacking probably took place between October 2016 and December 2017.     Customer details such as name, address, date of birth, phone number, email address and gender may have been accessed by the hacker.  According to the company who worked closely with cybersecurity experts and law enforcement, social security numbers for US customers were not compromised.   All customers were advised to monitor their credit card…

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What is the EOT Blockchain?

The EOT Blockchain is an immutable record of all EOT transactions, stored on a network of computers thus creating a distributed ledger of all transactions.     How Does the EOT Blockchain Work? When EOT started a first version of the record in the ledger was created and stored in what is block 1 or otherwise known as the Genesis block.   All information on the blockchain are stored in files which are encrypted, in the world of cryptocurrency, these files are known as wallets.   Every file/wallet has an…

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Mining Bitcoin on IoT Devices

In a recent report by CNBC, it was highlighted that 15,000 internet-connected devices could be hacked to mine approximately $1000 within 4 days.       The demonstration was run by Avast, which is based in the Czech Republic, at the Mobile World Congress in Barcelona last week. They had a number of devices running on a network powering a cryptocurrency mining software in a demonstration of how IoT, Internet of Things devices, can be hijacked by hackers and turned into mining cryptocurrencies.     According to CNBC, “Both crypto-mining…

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IoT, Cybersecurity is a Public Safety Concern

The IoT market is growing rapidly as more devices and things are becoming connected to the internet.  This network of devices is called the “Internet of Things”, IoT.  Experts are predicting that more than 80 Billion devices or things will be connected to the internet by 2025.   When we think of connected devices, we typically think of mobile phones, printers or security cameras and generally not household appliances such as fridges, doorbells and vacuum cleaners or even motor vehicles, trucks and ships.   The “Internet of Things” is bigger than we can…

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