Tag: Privacy

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After a Decade of Promises, Blockchain Still Fails to Deliver Privacy

Does blockchain technology grant enough anonymity? Experts’ opinions vary, as some say the technology hasn’t lived up to the expectations. The first blockchain was launched more than 10 years ago and since then, it has evolved from simply being a backbone for Bitcoin (BTC) to a global technological phenomenon. In some sense, the distributed ledger…
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Russia May Lift Telegram Ban Due to Coronavirus Outbreak

Russian officials have proposed lifting the Telegram ban after the app’s creator Pavel Durov agreed to collaborate with the authorities on tackling coronavirus. After years of unsuccessful efforts to block Telegram in Russia, the country’s government is now considering lifting the ban due to the coronavirus outbreak. According to an April 22 report by Russian…
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Baseline Developers Propose DTL-Based Coronavirus Contact Tracing

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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New Blockchain Solution to Fight COVID-19 Complies With EU Data Privacy Regs

An Internet of Things blockchain specialist and a healthcare data firm have teamed up to create a solution for fighting the pandemic that complies with European data privacy laws. An Internet of Things (IoT) blockchain specialist and a healthcare data firm have teamed up to devise a solution for fighting the pandemic that complies with…
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Privacy-Focused Digital Assets Surged in 2019

Digital tokens like Zcash and Monero rose in 2019, while even larger coins like LTC are focusing on privacy features to gain new market share. According to a new report, privacy-focused digital assets like Zcash (ZEC) and Monero (XMR) surged in price in 2019. Those with a higher market cap, like Litecoin (LTC), may be…
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Sodinokibi Crypto Ransomware Switches from Bitcoin to Monero to Hide Money Trail

A ransomware group switched from Bitcoin to Monero to better protect the hackers’ identities. A kind of ransomware — a malware that encrypts user data and asks for a ransom to restore access to it — switched from Bitcoin (BTC) to Monero (XMR) to better protect the hackers’ identities. According to an April 11 report…
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Will Blockchain Technology Be Used to Build Evil Social Credit Systems?

The global coronavirus pandemic has revealed the necessity of decentralization to avoid the world becoming a true dystopian nightmare. As much as I believe that blockchain technology has the potential to solve many of the problems humanity faces today, I also fear what can happen if blockchain technology is used to take away the privacy…
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Nym Blockchain Privacy Mixnet Opens for User Testing

Nym is inviting users to test its purportedly NSA-thwarting privacy mixnet in the wake of increased government surveillance to track coronavirus. Swiss blockchain startup, Nym Technologies, has invited the general public to take part in the next phase of its mixnet platform’s user testing on April 8. The privacy infrastructure promises advanced protection against mass-surveillance,…
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Two Versions of Digital Dollar Emerge as Contenders, but Unlikely to Come Soon

The CARES Act shed light on the possibility of a digital dollar. Meanwhile, a blockchain-based solution is also being explored. Will one of them launch soon? The coronavirus pandemic is the biggest global crisis since the events that sparked the creation of Bitcoin (BTC) in 2008, and is one that will also have long-lasting effects…
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Blockchain Experts Weigh in on Russia’s Controversial Coronavirus Tracking App

Blockchain technology would have been a better solution for handling coronavirus-related data in Russia. Experts suggest that blockchain technology could have been a better solution for handling coronavirus-related data in Russia. Moscow’s COVID-19 App is pulled from Google Play On March 25, an app called “Social monitoring” appeared in Google Play store. According to the…
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