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Tag Archives: Storage

Insurance Giants See ‘Big Opportunity’ in Cryptocurrency Storage Coverage

Big insurance companies such as XL Group, AIG and Chubb are quietly offering cryptocurrency insurance as cryptocurrencies and blockchain technology continue to gain acceptance. While the insurance companies active in this sector are not doing a lot to publicize their activities, those interviewed said they can avoid liabilities. According to Bloomberg more than a dozen underwriters are providing cryptocurrency coverage, ...

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World’s Number Four Telecoms Provider Files Blockchain Contract Storage Paten

The world’s fourth-largest telecoms provider, Japan’s Nippon Telegraph and Telephone (NTT), has filed a patent for using blockchain tech for contract agreement, according to a U.S. Trademark and Patent Office (USPTO) release on July 19. NTT’s patent application writes that a problem with contracts on blockchain is that each transactions “contains only the electronic signature of the sender” as the ...

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IDM Presents a Platform for Ultra-Secure Storage

This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the press release. Ideal ...

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GoldMint Revolutionizes the Pawn Shop Market with Digital Gold and Robotized Storage

This is a sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. Gold, a historically safe asset, stands to become more liquid and easier to trade, thanks to cryptocurrency and blockchain technology. Cryptocurrency and blockchain technology are enabling the gold industry, which has been saddled with ...

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NEO’s NEP-5 Storage Injection Vulnerability Is Less Severe Than Assumed – The Merkle

The cryptocurrency world is subject to interesting developments at all times. In some cases, major vulnerabilities are discovered which need to be addressed. The NEP-5 smart contract storage injection vulnerability is of great concern in this regard. Some of NEO’s DApps are susceptible to this exploit, although the underlying blockchain remains unaffected. The NEP-5 Storage Injection Issue This particular smart contract and ...

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New Data Storage Platform Intends To Become The Safest Way Of Storing Information Online

A new blockchain-powered data storage platform, Memority, is aiming to provide “the most secure ever developed” solution for anyone looking to safely store sensitive data. The system would be entirely decentralised, self-sufficient, and protected against forgery and data deletion. Memority has also stated that “since we use Proof of Authority mining, there is no need for high computation resources.” No ...

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Largest Credit Bureau In Eastern Europe To Use Blockchain For Customer Data Storage

The Polish Credit Office, Biuro Informacji Kredytowej (BIK), has partnered with UK fintech firm Billon to implement blockchain for customer data storage, according a press release from Billon today, May 14. BIK, the largest credit bureau in Central and Eastern Europe, is owned by Poland’s leading banks and tracks around 140 mln credit histories, according to the press release. BIK ...

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IDM Launches Their Highly Protected Distributed Storage Service

This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the press release. Bitcoin ...

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The SIZE algorithm — a revolution in the data storage security – The Merkle

Iskender Syrgabekov – inventor of the SIZE algorithm, has disclosed many considerable details of his patented invention, which is about to disrupt distributed data storage industry. Iskender, let’s start from the essence of your invention. What is the SIZE algorithm developed for? The algorithm helps to store data with maximum reliability and security, both in terms of protection against unauthorised ...

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7% Of Bitcoin Supply Held In Cold Storage Vaults By One Company

Bitcoin storage provider Xapo now holds about 7% of the world’s total Bitcoin supply in its vaults, “roughly” amounting to $10 bln, Bloomberg reports May 9 quoting unnamed sources. According to two clients, the wallet and cold storage provider currently looks after an estimated $10 bln in the cryptocurrency. A further source “close to” the vaults, which now encompass five ...

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