Blockwart: Quebec Not Interested In Bitcoin Mining Without ‘Added Value’

Blockwart: Quebec Not Interested In Bitcoin Mining Without ‘Added Value’

Blockwart   The Quebec government said it is “not interested” in providing cheap electricity to Bitcoin miners via state utility Hydro-Quebec during a conference Friday, Mar. 2, Bloomberg reports. In comments during a conference in the capital Montreal, Premier Philippe Couillard implied that, unlike previous statements from Hydro-Quebec itself, “doing Bitcoin mining” without providing “added…

Blockwart: Fundamentally Vulnerable? Ethereum’s Casper Tech Takes Criticism By Distributed Systems Expert

Blockwart: Fundamentally Vulnerable? Ethereum’s Casper Tech Takes Criticism By Distributed Systems Expert

Blockwart “I think Proof-of-Stake is fundamentally vulnerable.” – Dahlia Malkhi [ … for whatever it is worth, I agree with her – TJACK]   Is ethereum’s biggest future upgrade “fundamentally vulnerable?” That was the claim put forward by distributed systems expert and founding VMware researcher Dahlia Malkhi on Friday, who used those exact words to…

Blockwart: Porsche Claims ‘First Automobile Manufacturer’ To Test Blockchain Technology For Cars

Blockwart: Porsche Claims ‘First Automobile Manufacturer’ To Test Blockchain Technology For Cars

Blockwart   Automobile manufacturer Porsche is exploring Blockchain apps in its vehicles in cooperation with the Berlin-based startup XAIN, Cointelegraph auf Deutsch reported yesterday, Feb. 27. In their press release published Feb. 22, Porsche stated that the company is “the first automobile manufacturer to implement and successfully test Blockchain in a car.” Possible applications for…

Blockwart: Dubai To Release Blockchain-Based System To Track Vehicles & Lifecycles in 2020

Blockwart: Dubai To Release Blockchain-Based System To Track Vehicles & Lifecycles in 2020

Blockwart   Dubai’s Roads and Transport Authority (RTA) has announced plans to launch a Blockchain-based vehicle lifecycle management system in 2020 that would provide customers with a history of their vehicle from “the manufacturer all the way to the scrap yard,” local news outlet Arabian Business reported yesterday, Feb. 27. The Blockchain project, formed in…

Blockwart: US City Plans to Sell Tokenized Bonds in ‘Initial Community Offering’

Blockwart: US City Plans to Sell Tokenized Bonds in ‘Initial Community Offering’

Blockwart   Confronted with substantial federal funding reductions, Berkeley, California, is turning to crypto tokens as away to fund services like affordable housing. Mayor Jesse Arreguin and councilman Ben Bartlett have teamed up with San-Francisco-based investment startup Neighborly to advance an initiative that would divide municipal bonds into micro-bonds and then sell them as tokens…

Blockwart: Alibaba’s T-Mall Is Moving Cross-Border E-Commerce to Blockchain for 30,000 Goods From 50 Countries

Blockwart: Alibaba’s T-Mall Is Moving Cross-Border E-Commerce to Blockchain for 30,000 Goods From 50 Countries

Blockwart   Alibaba’s T-Mall e-commerce platform is reportedly adopting blockchain technology in its cross-border supply chain through a partnership with logistics company Cainiao. According to a report by China’s news agency Xinhua Wednesday, the partnership aims to move information on goods for import and export onto a blockchain that can then track their country of…

Blockwart: Bitcoin Core 0.16.0 With ‘Full Support’ For SegWit Gets Official Release

Blockwart: Bitcoin Core 0.16.0 With ‘Full Support’ For SegWit Gets Official Release

Blockwart   The Bitcoin Core client version which provides “full support” to Segregated Witness (‘SegWit’) scaling technology finally received its official release Monday, Feb. 26. A circular to the Core mailing list confirms the raft of upgrades in addition to the historic SegWit move, the forthcoming release having been announced on Github earlier this month.…

Blockwart: Culprits Apprehended In Icelandic Bitcoin Miner Theft

Blockwart: Culprits Apprehended In Icelandic Bitcoin Miner Theft

Blockwart After Verne Global, Advania is the second-largest data center provider in iceland.   Icelandic information technology service Advania has confirmed with their security footage that the police have apprehended the right two men for the three burglaries at data centers in Iceland last December and January, local news outlet Visir reported Feb. 21. Visir…

Blockwart: China Mining Co. Bitmain Shows Higher 2017 Profits ($4bn) Than US GPU Giant Nvidia ($3bn)

Blockwart: China Mining Co. Bitmain Shows Higher 2017 Profits ($4bn) Than US GPU Giant Nvidia ($3bn)

Blockwart “Bitmain holds 70 to 80 percent of the market for Bitcoin miners and ASIC cards”   Chinese mining hardware giant Bitmain has reportedly made higher profits in 2017 than long time American graphics processing unit (GPU) manufacturer Nvidia, CNBC reported Feb. 23. CNBC writes that according to a report published Feb. 21 from investment…

Blockwart: Ethereum is facing what might be its biggest tech crisis in some time, with developers split over whether software changes should recover lost funds.

Blockwart: Ethereum is facing what might be its biggest tech crisis in some time, with developers split over whether software changes should recover lost funds.

Blockwart Hard Forks from hacks system flaws are now called “ethereum improvement protocol” … when a Hard Fork is the greatest assumable accident for any DLT. One step up: Ethereum Recovery Proposal (ERP) – meaning it is a MAJOR mess. Quote: “If you want bailouts you should stick to fiat”   The “world computer” is…

US Army Research Lab awards $25 million contract for Internet of Battlefield Things

US Army Research Lab awards $25 million contract for Internet of Battlefield Things

Washington—The U.S. Army Research Lab (ARL) has awarded a $25 million contract to a consortium of university researchers known as the Alliance for Internet of Battlefield Things Research on Evolving Intelligent Goal-drive Networks (IoBT REIGN) to develop new predictive battlefield analytics and services. As battlefields become more reliant on integrated technologies that partner cyber and…

Data breaches at US Federal Agencies Jumped 20 Percent Last Year

Data breaches at US Federal Agencies Jumped 20 Percent Last Year

WASHINGTON ― U.S. federal government agencies experienced a 20 percent increase in the number of data breaches last year since 2016, according to Thales’ 2018 Data Threat Report [see below]. Part of this increase is due to the growing use of commercial cloud services without the adoption of encryption or prioritization cloud computing security, the…

Blockwart: ‘A Sociological Innovation’: Big Finance Advisors Preach Blockchain At The US Technology Tools for Today (T3) Conference

Blockwart: ‘A Sociological Innovation’: Big Finance Advisors Preach Blockchain At The US Technology Tools for Today (T3) Conference

Blockwart   Mainstream financial advisors are publicly propagating Blockchain this month, telling that it is a “sociological innovation” during the US Technology Tools for Today (T3) conference, CNBC reports Monday, Feb. 12. A summary of the T3 Advisor Conference in Fort Lauderdale, Florida, which ran Feb. 6-9, demonstrates the significant U-turn in attitudes from advisors…

Blockwart: Icelandic Lawmaker Floats Bitcoin Mining Tax

Blockwart: Icelandic Lawmaker Floats Bitcoin Mining Tax

Blockwart   An Icelandic lawmaker has suggested imposing a new tax on bitcoin mining companies. Speaking with Associated Press, Smari McCarthy of the Icelandic Pirate Party floated the idea during an interview about the country’s global position as a hub for bitcoin miners. Iceland has long played home to an ecosystem of bitcoin miners, thanks to the…