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Tag Archives: System

A Decentralized Governance System – The Merkle

The human body is a decentralized structure made of organs, sub-organs and sub-sub-organs, all the way to the cells, which themselves have their internal structure. The functionality of the body is pretty decentralized and no cell instructs other cells on what to do. Rather, each cell operates autonomously according to inputs it receives from its environment. Now, imagine a company ...

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Central Bank Digital Currencies Could Destabilize Existing Financial System

The Bank of Japan’s (BOJ) deputy governor spoke negatively about the effects of central bank-issued digital currencies (CBDC) on the current financial system in closing remarks at a fintech conference, published yesterday, April 16. In his remarks, Deputy Governor Masayoshi Amamiya stated that while central bank-issued digital currencies (CBDC) could have a negative impact on the current financial system, the ...

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Blockchain Platform Prepares To Test Cryptocurrency Payment System In Major Shopping Mall

A Blockchain-driven platform has announced it will begin testing a brand-new transaction system for cryptocurrency payments within the coming days. Eligma says the beta version of its EliPay technology is going to be rolled out to selected retailers in BTC City, one of Europe’s largest shopping centers. The company says that the Slovenia-based complex, which boasts more than 450 stores, ...

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FLUX Introduces DAO System

Join our community of 10 000 traders on Hacked.com for just $39 per month. This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. The FLUX master nodes system is created to make FLUX crowdfunding system fully decentralized and trustworthy. This is the ...

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Bank Of America Seeks Patent On Blockchain-Based Data Storage System

On April 12, the US Patent and Trademark Office published Bank of America’s application for a patent on a Blockchain-based storage system with automated data authentication. In the document, which was originally filed in October 2016, the author describes a Blockchain-based system for authenticating data and providing secured access of said data to service providers. The patent addresses the problem ...

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The Winklevoss Brothers Receive Patent For Digital Transaction Security System

Winklevoss IP, owned by brothers Cameron and Tyler Winklevoss, has been granted a patent for a system to enhance the security of digital transactions, according to a patent document published by the US Patent and Trademarks Office (SPTO) April 10. According to the patent, the new system is an “improvement to computer security technology” that seeks to embrace a “system, ...

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Bank of England Explores Centralized DLT System Open To Regulatory Oversight

The Bank of England has released a Proof-of-Concept paper (PoC), together with Blockchain startup Chain, that examines how to configure a distributed ledger system which would maintain privacy between participants, keep data shared across the network, and also enable a regulatory body to oversee all transactions, as outlined April 11. The paper investigates a scenario in which the DLT system ...

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Paytomat Will Protect Its System For Cryptocurrency Payments With Hacken – The Merkle

As a strategic security partner, Hacken will conduct an audit of the Paytomat ecosystem and provide cyber protection for its token sale. Hacken Co-Founder Dmytro Budorin will also join the Paytomat Advisory Board April 8 2018, Tallinn, Estonia and Kyiv, Ukraine – Paytomat, the decentralized system for cryptocurrency payments, and Hacken, an ecosystem of white-hat hackers and a bug bounty ...

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Coinbase Takes Steps Toward Becoming an Alternative Trading System

Cryptocurrency trading firm Coinbase has entered into talks with the U.S. Securities and Exchange Commission about registering as a licensed broker-dealer firm and electronic trading venue, The Wall Street Journal reported on Friday, April 6, 2018. The move comes just as U.S. regulators have begun clarifying their stance on virtual currencies. Testifying before the Senate on February 6, 2018, SEC ...

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