Health

Africa Using Blockchain to Drive Change, Part Two: Southern Solutions

Source Node: https://cointelegraph.com/news/africa-using-blockchain-to-drive-change-part-two-southern-solutions
Time Stamp: April 5, 2020 12:46 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

With pundits like Twitter CEO Jack Dorsey predicting that Africa “will define” the future of Bitcoin (BTC), cryptocurrency and blockchain technology continue to attract interest from both public and private establishments across the continent. Many of these adoption cases have been moving beyond finance, developing solutions targeted at issues like unemployment, identity management, health care and supply chain, among others.Amid the growing enthusiasm for crypto and blockchain technology in Africa, industry stakeholders interviewed by Cointelegraph identify a lack of education as one of the major hurdles standing in the way of more

Sophisticated Mining Botnet Identified After 2 Years

Source Node: https://cointelegraph.com/news/sophisticated-mining-botnet-identified-after-2-years
Time Stamp: April 5, 2020 8:03 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Cybersecurity firm, Guardicore Labs, revealed the identification of a malicious crypto-mining botnet that has been operating for nearly two years on April 1.The threat actor, dubbed ‘Vollgar’ based on its mining of the little-known altcoin, Vollar (VSD), targets Windows machines running MS-SQL servers — of which Guardicore estimates there are just 500,000 in existence worldwide.However, despite their scarcity, MS-SQL servers offer sizable processing power in addition to typically storing valuable information such as usernames, passwords, and credit card details.Sophisticated crypto-mining malware network identifiedOnce a server is infected, Vollgar “diligently and

BIS Calls for Central Bank Digital Currencies Amid Coronavirus Pandemic

Source Node: https://cointelegraph.com/news/bis-calls-for-central-bank-digital-currencies-amid-coronavirus-pandemic
Time Stamp: April 5, 2020 12:02 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

The Bank of International Settlements (BIS) has issued a report arguing in favor of central bank digital currencies (CBDCs) and digital payments amid the COVID-19 pandemic.The bulletin published by the BIS, a 600-member international financial institution representing the central banks of 60 countries, urges central banks to consider developing CBDCs in light of concerns regarding the spread of coronavirus through existing payment methods.BIS warns of COVID-19 transmission via credit card terminalsThe report notes a significant negative change in consumer attitudes regarding the use of cash in response to the World Health

Quarantined Gamers Are Straining Microsoft Azure-based Blockchain Platform

Source Node: https://cointelegraph.com/news/quarantined-gamers-are-straining-microsoft-azure-based-blockchain-platform
Time Stamp: April 4, 2020 10:04 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

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 Azure cloud services. The company admits that in certain regions “deployments for some compute resource types (...) drop below our typical 99.99 percent success rates”. Furthermore, Microsoft confirms that “Xbox Live [is] putting a strain on overall Azure capacity”:“As a result of the surge in use over

Bitcoin’s Hedging Performance in the Wake of the Coronavirus Outbreak

Source Node: https://cointelegraph.com/news/bitcoins-hedging-performance-in-the-wake-of-the-coronavirus-outbreak
Time Stamp: April 4, 2020 5:46 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

The recent coronavirus outbreak has far-reaching consequences beyond the spread of the disease and efforts to quarantine it. Recently, we’ve experienced one of the most severe stock market crashes in modern times: On March 9, 2020, the Dow Jones Industrial Average recorded a drop of -7.8%, which happened to be its worst single-day loss ever. However, on Thursday, March 12, 2020, the Dow then recorded the fifth-largest drop in modern history based on percentage points by a staggering amount of almost 10%. Unfortunately, the losses did not stop there. Four

April Fools, Celebrity Scams, & Manipulated Markets: Bad Crypto News of the Week

Source Node: https://cointelegraph.com/news/april-fools-celebrity-scams-manipulated-markets-bad-crypto-news-of-the-week
Time Stamp: April 4, 2020 3:56 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Bitcoin seems to be settling happily above $6,000 and is currently just north of $6,500 again. Let’s hope we’ve seen the last of those $5,000 movements and we’re ready for a steady climb back to double figures before the halving in mid-May. It’s getting closer.In the meantime, the Federal Reserve now appears to have merged into the federal government. An opinion piece in Bloomberg has described how an alphabet soup of financial programs intended to help the economy through the current crisis is allowing the government to buy up securities

Blockchain Experts Weigh in on Russia’s Controversial Coronavirus Tracking App

Source Node: https://cointelegraph.com/news/blockchain-experts-weigh-in-on-russias-controversial-coronavirus-tracking-app
Time Stamp: April 4, 2020 2:31 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

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 PlayOn March 25, an app called “Social monitoring” appeared in Google Play store. According to the app’s description, it was designed for social monitoring as well as for providing access to emergency services.Users soon noticed that the app required many sensitive permissions, including geolocation, bluetooth pairing, biometric data, and calls. Notably, the data was also being openly transmitted without encryption. The backlash against the app led to

Talking Digital Future: Smart Cities

Source Node: https://cointelegraph.com/news/talking-digital-future-smart-cities
Time Stamp: April 4, 2020 11:04 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

My journey into smart cities and their future development was a really big surprise, as the way I arrived there was not something that I had planned. I was working as the chief information officer for a company in Northern California called O'Reilly Media when I got a call from a headhunter who asked if I would consider being the chief information office for the City of Palo Alto. I can vividly remember — it was only about eight years ago — my feeling when she asked the question. The

Blockchain Provides Trusted Data to Counter Spread of Coronavirus

Source Node: https://cointelegraph.com/news/blockchain-provides-trusted-data-to-counter-spread-of-coronavirus
Time Stamp: April 4, 2020 7:52 AM - Modified On: May 21, 2021 - Published By:
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With each passing day, new data regarding the coronavirus pandemic is being brought to the public’s attention. From the number of cases in various regions to ever-changing safety procedures like wearing masks in public, COVID-19 data is clearly present, yet remains inconsistent.While a lack of accurate information may be frustrating on a personal level, ever-changing data is taking a toll on the health officials and researchers working effortlessly to help subdue the coronavirus crisis. To combat the issue, the San Francisco-based blockchain security company Hacera launched a data analytics platform

South African National Blockchain Alliance Holds Online Launch

Source Node: https://cointelegraph.com/news/south-african-national-blockchain-alliance-holds-online-launch
Time Stamp: April 3, 2020 1:56 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

The South African National Blockchain Alliance carried out an online livestream launch while the country is in the midst of a 21-day lockdown to curb the spread of the coronavirus pandemic. The organization was due to be launched at the beginning of April in Johannesburg but had to be taken online as South Africa and the world tackles a global health crisis.The launch happened during a livestream on YouTube on April 3, which included a panel of speakers elaborating on how SANBA will help nurture blockchain-focused startups and companies that

Ripple’s Co-founder Chris Larsen Fully Recovers From Coronavirus Infection

Source Node: https://coinfomania.com/ripples-chris-larsen-recovers-coronavirus/?utm_source=rss&utm_medium=rss&utm_campaign=ripples-chris-larsen-recovers-coronavirus
Time Stamp: April 3, 2020 6:01 AM - Modified On: May 21, 2021 - Published By:
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Chris Larsen, the co-founder and executive chairman of Ripple has become the latest COVID-19 Survivor, as he announced Thursday that he has fully recovered from the infectious Coronavirus.  With over a million people currently infected with the virus and more than 53,292 dead, Larsen said he is indeed grateful for his recovery.  Sharing his experience on Twitter, the Ripple executive expressed his gratitude to everyone on the frontlines who took it upon themselves to keep him and other COVID-19 victims safe.  He further encouraged those who have recovered from the