Leading ConsenSys developer, John Wolpert, discussed the potential security flaws with Apple and Google’s contact tracing proposal. Developers contributing to the Github of Baseline Protocol, an open-source blockchain project launched by Microsoft, EY, and ConsenSys, recently offered suggestions for a Baseline Protocol-based COVID-19 contact tracing system. The project aims to address security flaws noted in…
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Devs working on enterprise smart contract platform, Baseline, proposed blockchain-based solutions to coronavirus contact tracing. Developers working on Baseline, an enterprise smart contract and tokenization platform developed by Microsoft, Ernst & Young, and ConsenSys, are working to solve several flaws identified with Apple and Google’s proposal for coronavirus tracking initiatives. Google and Apple propose a…
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Blockchain tech is definitely needed and has proved its place as the technology of the future. Meanwhile, there is still a lot to be done. I have a feeling that a lot of businesses still don’t understand why they need blockchain, while others may believe they need it just because they think it’s another fashionable…
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35 multinational companies have applied for 212 blockchain-related patents in China, including Microsoft and Mastercard. China has been a hotspot for blockchain patents and development. As Cointelegraph previously reported, the National Intellectual Property Administration of China has awarded 2,191 blockchain patents between 2017 to 2019. Major multinational companies have also shown immense interest in filing…
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Quarantined gamers are putting a strain on Microsoft’s cloud-based Blockchain platform. Microsoft has acknowledged that the quarantined gamers are putting a strain on its Azure cloud platform which is a backbone of the company’s Blockchain As a Service (BaaS) offering. In the SEC filing, Microsoft addresses the impact of “the global health pandemic” on its…
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A new report estimates that global investment in blockchain in the energy market will reach $35 billion by 2025. According to a new report released by Premium Market Insights (PMI), global investment in blockchain technology in energy markets is set to reach $34.7 billion by 2025. Valued at just $156.5 million in 2016, the sector…
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A DLT firm will freely offer its blockchain platform to the Dutch government to track the nation’s medical supply chain. A consortium of Dutch companies has launched the “Tech against Corona” initiative. Participating firms will freely provide the Dutch government with access to innovative technologies that can be used in the fight against COVID-19. Netherlands-based…
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Microsoft files crypto-based patent which would enable individuals to mine crypto using body activity data. Tech giant, Microsoft, is looking to develop a cryptocurrency system which enables individuals to mine cryptocurrency using their body activity data, eliminating the need for specialized mining machines. Microsoft published a patent dubbed “Cryptocurrency system using body activity data” on…
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Brave’s use of various novel privacy and security features has helped the browser’s reputation grow quite substantially over the past couple of years. On March 16, Brave, a privacy-oriented web browser, filed a formal complaint against Google with the Irish General Data Protection Regulation enforcer — since the multinational tech conglomerate’s European headquarters are located…
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Major digital asset platform Bakkt has completed a new $300 million funding round, its second funding round after securing $182 million in late 2018. While cryptocurrency markets are experiencing another crash this Monday, major digital asset platform Bakkt has some good news. Referred to as one of the most promising crypto-related initiatives for its physically…
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