Start-up Devvio claims its blockchain can handle 8M transactions a second

Credit to Author: Lucas Mearian| Date: Thu, 17 Jan 2019 03:00:00 -0800

A start-up firm claims its highly efficient distributed ledger protocol can address all the major problems facing blockchain networks, including being able to scale for global financial business by executing up to eight million transactions per second (TPS).

The new blockchain protocol, called Devv, was unveiled and demonstrated at CES in Las Vegas last week.

If the claims prove true, Devv would be able to compete with traditional financial networks in terms of scalability, be far less expensive to use and would address fraud, theft and privacy issues. Like many blockchain protocols, Devv is not just a peer-to-peer (P2P) database technology but also a digital currency or cryptocurrency called Devcash.

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Mingis on Tech: As blockchain hype cools, a 'trough of disillusionment' for 2019?

Credit to Author: Ken Mingis| Date: Wed, 09 Jan 2019 03:00:00 -0800

Ok, so maybe blockchain isn’t ready yet to become the biggest new technology since the internet.

But the distributed ledger technology clearly made strides in 2018, when it was embraced by companies from Walmart to shipping bigwig Maersk to top tech venders like IBM, SAP, Oracle and Microsoft who see potential in blockchain-as-a-service. (Walmart’s vice president in charge of food safety, Frank Yiannas, compared his embrace of blockchain to a “religious conversaion.”)

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Top 4 enterprise tech trends to watch in 2019

Credit to Author: Michelle Davidson| Date: Mon, 07 Jan 2019 03:00:00 -0800

If 2018 was the year of the data breach, the thinking among IT pros is that this will be the year companies take concrete steps to prevent future breaches.

That was the sentiment among tech professionals who took part in a recent @IDGTechTalk Twitter chat about enterprise tech trends for 2019.

In fact, a recent @IDGTechTalk poll found privacy and security to be the top enterprise tech issue for 2019 (45 percent), followed by artificial intelligence (30 percent), cloud computing (16 percent), and blockchain (9 percent).

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Using the blockchain to create secure backups

Credit to Author: Pieter Arntz| Date: Thu, 27 Dec 2018 17:34:54 +0000

Some of the properties we would like to see in our backups have blockchain technology written all over them. Should organizations consider blockchain for creating secure, recent backups—especially after a ransomware attack?

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Blockchain: What’s it good for? Absolutely nothing, report finds

Credit to Author: Lucas Mearian| Date: Wed, 05 Dec 2018 03:01:00 -0800

In a joint report for the Monitoring, Evaluation, Research and Learning (MERL) Technology conference this fall, researchers who studied 43 blockchain use cases came to the conclusion that all underdelivered on claims.

And, when they reached out to several blockchain providers about project results, the silence was deafening. “Not one was willing to share data,” the researchers said in their blog post.

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Blockchain is offering some exciting possibilities to enhance traceability for Food and Beverage Industry

Credit to Author: Fabrice Jadot| Date: Tue, 30 Oct 2018 18:17:14 +0000

Among the dizzying array of new technologies that are reshaping business today, blockchain is among the most intriguing.  The theory behind blockchain is quite compelling. Networks of computers use consensus… Read more »

The post Blockchain is offering some exciting possibilities to enhance traceability for Food and Beverage Industry appeared first on Schneider Electric Blog.

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Economist Nouriel Roubini: Blockchain and bitcoin are the world’s biggest scams

Credit to Author: Lucas Mearian| Date: Mon, 15 Oct 2018 13:52:00 -0700

New York University professor and global economist Nouriel Roubini testified before the U.S. Senate Committee on Banking last week, saying cryptocurrencies such as bitcoin are the mother of all scams and bubbles.

He followed that assertion up by calling blockchain, the technology unpinning bitcoin, “the most over-hyped — and least useful — technology in human history.”

Today, Roubini doubled down on his claims in a column published on CNBC.com in which he said blockchain has promised to cure the world’s ills through decentralization but is “just a ruse to separate retail investors from their hard-earned real money.”

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A week in security (October 1 – 7)

Credit to Author: Malwarebytes Labs| Date: Mon, 08 Oct 2018 16:31:56 +0000

A roundup of the security news from October 1–7 including National Cybersecurity Awareness Month, LoJack, fileless malware, and BYOS.

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W. Va. to use blockchain-based mobile app for mid-term voting

Credit to Author: Lucas Mearian| Date: Tue, 18 Sep 2018 03:12:00 -0700

West Virginia this fall will let members of the military and their families deployed overseas to vote by smartphone or tablet using a blockchain-based app developed by a Salt Lake City start-up, Voatz.

The voters using the app would otherwise have to submit paper absentee ballots via mail or vote over a land line telephone.

The move means the state will become the first in the U.S. to use blockchain in a voting system in a general election.

After being elected in January 2017, West Virginia Secretary of State Mac Warner  tasked IT staff to investigate mobile voting options for 8,000 West Virginian military members overseas. Warner, a retired U.S. Army officer with four children who are also all current or former Army officers, cited his own inability to vote when deployed in Afghanistan as one reason for his efforts.

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China once again cracks down on cryptocurrencies, news outlets

Credit to Author: Lucas Mearian| Date: Thu, 23 Aug 2018 10:06:00 -0700

In an ongoing campaign to tamp down the growth of once-flourishing cryptocurrencies it sees as a threat, the Chinese government has ordered more than a half dozen online news outlets to shut down and banned physical venues from hosting crypto-related events.

On Tuesday, eight blockchain and cryptocurrency-focused media outlets were banned on WeChat, China’s most influential instant communication and mobile payment app, for allegedly violating new government regulations forbidding the publishing of information related to initial coin offerings (ICOs) or cryptocurrency trading speculation.

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