MIT (Massachusetts Institute of Technology) News announced the “…initiative marks the single largest investment in computing and AI by an American academic institution, and will help position the United States to lead the world in preparing for the rapid evolution of computing and AI.” The October 15, 2018 news release
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Wanna buy 4.2 million of Bitcoin? Just make a bid with the US DOJ!
Bitcoinnews.com reported that a US$200,000 “…deposit is required to take part, with bidders needing to register their interest in the sealed bid auction by 31 October. The official bid for the bitcoins will take place on 5 November.” The October 19, 2018 report entitled “Us Department of Justice to…
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IBM Blockchain in use by Maersk (think largest shipping company in the world)!
Computerworld reported that “After launching a proof of concept earlier this year, IBM and Maersk have unveiled TradeLens, the production version of an electronic ledger for tracking global shipments; the companies say they have 94 participants piloting the system, including more than 20 port and terminal operators.” The August…
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SEC Enjoins an ICO for False Claims
The Securities and Exchange Commission (SEC) filed a “complaint unsealed yesterday alleges that Blockvest falsely claimed its ICO and its affiliates received regulatory approval from various agencies, including the SEC.” The October 11, 2018 press release entitled “SEC Stops Fraudulent ICO That Falsely Claimed SEC Approval” included these…
Blockchain’s Immutability is in Conflict With GDPR’s “Right to be Forgotten”!
Legaltechnews reported about the French’s Commission Nationale de l’informatique et des Libertés (CNIL) guidance on Blockchain regarding the “right to be forgotten” since “…private blockchains can be managed and controlled, public blockchains are a free-for-all that will likely pose an ongoing challenge for CNIL and other EU regulators.” The October…
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China Infiltrated the U.S. With Tiny Chips
Bloomberg News reported that “The attack by Chinese spies reached almost 30 U.S. companies, including Amazon and Apple, by compromising America’s technology supply chain…”. The report entitled “The Big Hack: How China Used a Tiny Chip to Infiltrate U.S. Companies” and included these details:
In 2015, Amazon.com Inc. began quietly…
DOJ Files Suit Against California to Invalidate Net Neutrality Law
The Washington Post reported that the new California Net Neutrality law “prohibits carriers from demanding special new fees from websites, and it bars Internet providers from selectively exempting their preferred apps from customer data caps.” The October 1, 2018 article entitled “The battle lines are already taking shape in…
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Walmart Will Use IBM Blockchain to Track Spinach and Lettuce
The New York Times reported that Walmart announced “After a two-year pilot project, …that it would be using a blockchain, the type of database technology behind Bitcoin, to keep track of every bag of spinach and head of lettuce.” The September 24, 2018 article entitled “From Farm to Blockchain:…
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Banks Wary of Blockchain-based Payment Systems
Computerworld.com reported that while “blockchain-based payment networks could help eliminate central authorities and their accompanying fees for cross-border transfers, banks and other enterprises see risks.” The September 25, 2018 article entitled “Banks remain wary of blockchain-based electronic payment networks”included these comments from Fabio Chesini (Gartner research director for…
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IoT Hackers Plead Guilty and Get No Jail Time
Darkreading.com reported that after substantial cooperation with the FBI that the three “…men charged with creating and managing the Mirai botnet have pleaded guilty to conspiracy to violate the Computer Fraud & Abuse Act and have been sentenced to a five-year period of probation and 2,500 hours of community service.”…
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