Why Microsoft is building a Bitcoin-based ID verification system

Credit to Author: Lucas Mearian| Date: Tue, 14 May 2019 03:00:00 -0700

After more than a year in development, Microsoft has chosen Bitcoin as the blockchain platform for a decentralized identification (DID) verification system that will allow users to have secure access to an online persona via an encrypted database hub.

The implications of the new ID network could include the elimination of passwords. A company would be able to verify the background of a new employee and onboard them with the click of a single virtual button, or a banking customer could verify their identity for a loan without exposing personally identifiable information – again with a click of a button.

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How blockchain is becoming the 5G of the payment industry

Credit to Author: Lucas Mearian| Date: Mon, 25 Mar 2019 03:00:00 -0700

As more blockchain-based payment networks and fiat-backed digital currencies – including one from the largest U.S. bank – emerge, experts and analysts are predicting a sea change for the financial services industry.

“I think you’re starting to see a growing consensus,” said Matt Savare, a partner who works in the technology group of New Jersey-based law firm of Lowenstein Sandler LLP. “I do quite a bit of FinTech and I can tell you my clients… the banks, are inherently conservative – at least the large ones. But once they see other banks adopt new technologies, you see it snowball. Other banks will often join on in pretty quick fashion.”

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How blockchain is becomming the 5G of the payment industry

Credit to Author: Lucas Mearian| Date: Mon, 25 Mar 2019 03:00:00 -0700

As more blockchain-based payment networks and fiat-backed digital currencies – including one from the largest U.S. bank – emerge, experts and analysts are predicting a sea change for the financial services industry.

“I think you’re starting to see a growing consensus,” said Matt Savare, a partner who works in the technology group of New Jersey-based law firm of Lowenstein Sandler LLP. “I do quite a bit of FinTech and I can tell you my clients… the banks, are inherently conservative – at least the large ones. But once they see other banks adopt new technologies, you see it snowball. Other banks will often join on in pretty quick fashion.”

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Microsoft CEO supports Apple on privacy

Credit to Author: Jonny Evans| Date: Tue, 26 Feb 2019 06:00:00 -0800

Microsoft CEO Satya Nadella seems to agree with Apple CEO Tim Cook when it comes to privacy, calling this a “fundamental human right”.

Microsoft CEO: Privacy a ‘human right’

Despite the lack of a successful smartphone franchise, Microsoft is still very much part of today’s industry with a range of services across the mobile ecosystem. That’s probably why Nadella is such an active attendee at Mobile World Congress 2019.

What’s really interesting about what he said during a speech at the show is the extent to which his thinking aligns with what Apple is doing around privacy, for example:

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Mozilla to harden Firefox defenses with site isolation, a la Chrome

Credit to Author: Gregg Keizer| Date: Thu, 14 Feb 2019 11:13:00 -0800

Mozilla plans to boost Firefox’s defensive skills by mimicking the “Site Isolation” technology introduced to Google’s Chrome last year.

Dubbed “Project Fission,” the effort will more granularly separate sites and their individual components than is currently the case in Firefox. The goal: Isolate malicious sites and attack code so individual sites cannot wreak havoc in the browser at large, or pillage the browser, the device or the device’s memory of critical information, such as authentication credentials and encryption keys.

“We aim to build a browser which isn’t just secure against known security vulnerabilities, but also has layers of built-in defense against potential future vulnerabilities,” Nika Layzel, the project tech lead of the Fission team, wrote in a post last week to a Firefox development mailing list. “To accomplish this, we need to revamp the architecture of Firefox and support full Site Isolation.” Layzel also published the note as the first newsletter from the Fission engineering group.

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(Insider Story)

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Get 3 Years of NordVPN Service for Just $2.99 Per Month – Deal Alert

Credit to Author: DealPost Team| Date: Fri, 18 Jan 2019 07:47:00 -0800

NordVPN promises a private and fast path through the public internet, with no logs, unmetered access for 6 simultaneous devices and access to 5,232 servers worldwide. They are currently running a promotion, but you’ll have to use this link to find it. Its typical price has been discounted for 3 years of service — a good deal at just $2.99 per month.  See the $2.99/month NordVPN deal here.

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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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