The Information and data privacy authorities from Australia, UK, Canada, U.S., and the European Union have issued a joint statement expressing concerns about the privacy risks posed by the Facebook blockchain project – Libra digital currency and infrastructure. Source: OAIC media release statement Given Facebook Inc involvement in the past...
Mastercard appears to be building a cryptocurrency wallet. As per the companies job portal, they seek to hire the following three roles. – Director, Product Management – Crypto Currency/ Wallets – Link– Director, Product Development & Innovation – Blockchain Solutions Architect – Link– VP, Product Management – Blockchain/Crypto – Link...
Retail giant Walmart is planning to develop their own blockchain-protected digital currency named ‘WMT’, a USD pegged stable coin. According to the patent filed on 2nd Aug 2019, the users of digital currency can buy goods/services at selected retailers/partners. Source: U.S. patent and trademark application database ID # US020190236564A1. The...
The United States Securities and Exchanges Commission (SEC) plans to gather financial data (transaction records) from Bitcoin and Ethereum ledger through contractors, in addition to as many as possible of the following blockchains: Bitcoin Cash, Stellar, Zcash, EOS, NEO, and XRP Ledger and plans to add more blockchain entrants as...
People wrongly assume that the blockchain technology’s only application is cryptocurrencies. As many industries have discovered over the last 2-3 years, blockchain technology has disruptive qualities in a variety of sectors. One of these sectors happens to be crowdfunding platform. This sector has grown exponentially over the past decade with...
– Basic Attention Token (BAT) holders can redeem their tokens with a real value like hotel vouchers and gift certificates via TAP Network’s 250,000 brand partners.
– Added 10 Million downloads in a span of 3 months (from April – June 2019), currently with 30 Million downloads.
– 214,971 number of verified publishers on the Brave Rewards program of which 28,240 are website publishers. Some of the biggest publishers include TheGuardian, WikiHow, Washington Post, TradingView, etc.
When exchanging sensitive information, the receiver must have the assurance that the message has come intact from the intended sender. Protecting the validity and accuracy of data or message exchanged ensures confidence in making key informed decisions. Nowadays in messaging apps like Telegram, the messages can be edited by the...
The likelihood of a dispute over the exchanged message in crucial business applications is very high. Therefore, the receiver needs assurance that the message came intact from the intended sender and s/he should not be able to repudiate the origination of that message. It is common practice in real-world to...
Introduction to distributed network: A distributed ledger is a type of database that is shared, replicated, and synchronized among the members of a decentralized network. The distributed ledger records the transactions, such as the exchange of assets or data. Participants in the network govern and agree by consensus on the...
By 2020 Facebook is planning to integrate blockchain and cryptocurrency ‘Libra’ into its messaging application Messenger and WhatsApp. Set to become a new global monetary system, this new financial infrastructure will rely on the BFT-consensus algorithm to facilitate agreement among all validator nodes on the order and execution of the...
