Data storage giant Seagate is currently facing major counterfeiting problems. The problem remains larger than expected because cyber-crime and the counterfeiting of products continue to rise. There are multiple avenues where counterfeiting arises from fraudulent hard drives to dressed up USB sticks. According to a reverse supply chain the fake products penetrate the major markets … Continue reading “IBM Blockchain Utilized By Seagate To Prevent Computer Counterfeits”
security
The Average Initial Coin Offering (ICO) has Security Flaws
A recent audit report by Positive.com indicates that the average ICO has more than five security flaws in their system. These vulnerabilities affect the image of the company. In fact, of all the companies reviewed, only one passed in terms of security quality. It is essential to note that Positive.com prides itself on being a security platform … Continue reading “The Average Initial Coin Offering (ICO) has Security Flaws”
The Role of Blockchain and Cryptocurrencies in Future Society
After the collapse of the cryptocurrency market in June, investors and experts have been questioning the stability of digital currency. Another question that emerged is the role of digital coins in modern society. Amid all these conversations, users continuously find new ways to apply blockchain technology in different areas of society. Additionally, Fidelity and the … Continue reading “The Role of Blockchain and Cryptocurrencies in Future Society”
Blockchain Technology Could Make your Passwords Obsolete
Privacy, and by association passwords, has never been more important. In the internet age, people are more concerned than ever about how others use their data. Most days the news mentions some form of data breach. Everyone spends so much of their time online that it is important to take the required steps to safeguard … Continue reading “Blockchain Technology Could Make your Passwords Obsolete”
BitGo: Securing the Trillion Dollar Wallet
Blockchain security provider, BitGo announced that the largest crypto wallets under its management are now close to $1 billion. BitGo and the Trillion Dollar Wallet The CEO of BitGo, Mike Belshe, looks forward to the next milestone. He will present a talk at the Stanford University entitled “Securing the Trillion Dollar Wallet,” next month. Therefore, … Continue reading “BitGo: Securing the Trillion Dollar Wallet”
How Secure is the Blockchain?
Blockchain and cryptocurrency has taken the world by storm. Businesses, governments and institutions use both to facilitate the delivery of money remittances, health services, and smart contracts. Even private enterprises are capitalizing on this technology to enjoy cheaper payments and greater access to finance. However, the one question that diminishes the scope of its use … Continue reading “How Secure is the Blockchain?”
Through WeFunder, Altcoin.io Raises Close to $1 Million
Altcoin.io has raised close to $1 million through WeFunder in its bid to develop into the world’s securest platform for exchanging digital value. Crypto Aware believes about $3 billion have been stolen from exchanges. This is because of the billions of dollars of digital assets exchanged every day. The bulk of this volume being through … Continue reading “Through WeFunder, Altcoin.io Raises Close to $1 Million”