btctokenio(BTI)

Visa builds blockchain-based trusted execution environment 21 hours ago by  Miranda Wood Today, Visa has  published  a paper claiming to describe the first trusted execution environment (TEE) which allows fair, policy-compliant computation. A TEE partitions off some of a processor so it can work on sensitive data and keep it safe. Unlike other TEEs, however, LucidiTEE can protect against bad actors manipulating outputs by using a shared ledger of computation history. In testing, permissioned blockchains, including Hyperledger, were used as the ledger. The paper from Visa’s researchers introduced LucidiTEE as: “the first system to enable multiple parties to jointly compute on large-scale private data, while guaranteeing policy-compliance even when the input providers are offl­ine, and fairness to all output recipients.” TEEs, such as  Intel  SGX, are good at enabling efficient and secure computations on large encrypted datasets. But even though...

Cryptocurrency ‘undeniably important’ to Venezuela, says business association Venezuela’s national business association Consecomercio says cryptocurrency is a boon for its economy, but the state-backed petro has been rushed. By  Jose Antonio Lanz 3 min read Nov 15, 2019 The National Council of Commerce and Services of Venezuela (Consecomercio) issued a statement earlier this week making its position clear on both  cryptocurrency , such as  Bitcoin , as well as the state-backed digital currency, the petro. José Miguel Farías—a member of Consecomercio’s Economics Commission— published  the group’s statement on Twitter, which indicated that there is a general consensus among businesses in Venezuela that cryptocurrency plays a crucial role in the nation’s economy. But the state-backed petro—the brainchild of President Nicolas Maduro to evade U.S. sanctions and stimulate Venezuela’s economy—has been a rushed project that will take time to assimilate, t...

Mapped: Cryptocurrency Regulations Around the World Published   3 weeks ago   on   October 14, 2019 By   Ashley Viens Tweet Share Share Reddit Email Mapped: Cryptocurrency Regulations Around the World Following the unprecedented cryptocurrency boom in 2017, investors and governments alike could no longer ignore the growth of  decentralized finance . The world has become increasingly fascinated with cryptocurrencies and the ways they are enabling greater access, such as being able to send funds to remote places or securing capital for small businesses. To aid this, cryptocurrency regulations are being slowly introduced into global financial markets. Regulations help to monitor these emerging digital currencies, and to allow for clearer guidelines and a measure of security. The Regulatory Landscape Today’s graphic from  ComplyAdvantage  maps out major regulatory cryptocurrency and exchange landscap...

Stellar’s Foundation Just Destroyed Half the Supply of Its Lumens Cryptocurrency Brady Dale   Nov 5, 2019 at 00:25 UTC   Updated Nov 5, 2019 at 02:17 UTC NEWS MEXICO CITY – The Stellar Development Foundation has burned 55 billion of its XLM tokens, over half the cryptocurrency’s supply, CEO Denelle Dixon announced from the stage of the Stellar Meridian conference Monday. Previously, there had been 105 billion XLM in existence, with 20 billion in circulation. With  this burn , the supply has shrunk to 50 billion. “We didn’t start by wanting to burn. We started by asking, ‘What do we need?'” Dixon told the room of roughly 200 attendees. “As much as we wanted to use the lumens that we held, it was very hard to get them into the market.” The organization decided instead it was better to project how much it could actually use over a 10-year period and calibrate to that number. “To derive a plan from an arbitrary number serves n...

What is a Cryptocurrency Crowdsale? People are selling mysterious cryptocurrency tokens — but why? ••• BY  DANNY BRADBURY   Updated November 04, 2019 Ideas are cheap. It’s the execution that's valuable. It takes effort and skill to convert an idea into something useful, and both of those things are expensive. Over the last few years, crowdfunding has emerged as a way to generate the money needed to turn ideas into reality. Websites like Kickstarter and Indiegogo have emerged as ways to crowdsource funding in the form of donations. Now, though, the  cryptocurrency  world has generated another form of fundraising: the crowd sale. Crowdselling vs. Crowdfunding Unlike traditional crowdfunding, a crowd sale doesn’t pre-sell a widget or promise to put your name in the credits of a movie. Instead, it sells you something that you might not know what to do with unless you are clued in: a token. A to...