Tag Archives: Cryptography

Iceland: Draper Associates Leads $5 Million Funding Round for Blockchain-Based ID Platform

Iceland’s blockchain-based identity verification platform Authenteq has raised $5 million in a funding round led by Draper Associates and Capital300, the American tech website VentureBeat reports on Jan. 14. Following the two-week funding round, the company revealed its intention to conduct the second closing of the Series A financing for additional investors in the coming weeks. The latest… Read More »

NASA Publishes Proposal for Air Traffic Management Blockchain Based on HyperLedger

The United States National Aeronautics and Space Administration (NASA) has proposed an air traffic management blockchain, according to a paper published on the agency’s official website on Jan. 10. The proposed system would employ an open-source permissioned blockchain to enable secure, private and anonymous communication with air traffic services. The document notes: “This framework features certificate authority, smart… Read More »

Tim May: Original Crypto Anarchist Who Was Displeased With Crypto Hype

Timothy C. May, co-founder of the cypherpunk activist movement and author of “The Crypto Anarchist Manifesto” has passed away at the age of 67. That information was first shared on Dec. 15 by alleged cypherpunk member Lucky Green via Facebook. According to Green, May had most likely died of natural causes earlier last week at his home in… Read More »

Hyperledger Announces New ‘Cryptography Library’ for DLT Development

The Hyperledger Technical Steering Committee has approved the Ursa project, a modular cryptography software library, according to an official announcement Dec. 4. According to the statement, as Hyperledger has matured, projects “have started to find a need for sophisticated cryptographic implementations.” The post describes Ursa as a shift from having each project implementing its own protocols to collaborating… Read More »

Amazon Wins Patents for Cryptography and Distributed Data Storage Solutions

E-commerce giant Amazon has won two patents related to methods for protecting the integrity of digital signatures and improving distributed data storage. The two patents were published by by the U.S. Patent and Trademark Office (USPTO) today, Nov. 13. The first patent document, first filed in April of this year, outlines a “signature delegation” method for “protecting the… Read More »

Bank of America Obtains Crypto Patent, is it Planning to Operate a Wallet?

A sure sign of growing adoption and institutional interest in cryptocurrencies is when major banks start to look at them more closely. The second largest bank in the US, Bank of America, was recently awarded a patent for secure crypto key storage indicating that its interests in the industry are still fully intact despite the year’s bear market.Secure… Read More »

Block School: Basic Blockchain Theory and Cryptoeconomics

BLOCK SCHOOLHere at NewsBTC we believe that education and knowledge is fundamental to the wider adoption of cryptocurrencies and growth of the blockchain industry. We will be expanding our education section by delving deeper into some of the machinations and technology behind the blocks. Our weekly articles aim to provide a greater understanding of how things work in… Read More »