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WTIA Applauds Signing of Washington State Blockchain Work Group Bill Into Law

Retrieved on:

Wednesday, March 30, 2022

SEATTLE, March 30, 2022 /PRNewswire/ -- Washington Technology Industry Association (WTIA), a non-profit organization dedicated to fostering a robust, equity-centered technology sector that empowers thriving communities, today announced full support for the signing of the Washington State Blockchain Work Group bill into law.

Key Points:

Led by Senator Sharon Brown, Work Group to Examine Potential Applications for Blockchain Technology to Benefit State Residents and Businesses Alike
SEATTLE, March 30, 2022 /PRNewswire/ -- Washington Technology Industry Association (WTIA), a non-profit organization dedicated to fostering a robust, equity-centered technology sector that empowers thriving communities, today announced full support for the signing of the Washington State Blockchain Work Group bill into law.
Championed by WTIA and State Senator Sharon Brown, with strong bipartisan support from the House of Representatives and the Senate, Governor Jay Inslee signed into law today the Engrossed Substitute Senate Bill 5544 that establishes the Washington blockchain work group.
The work group will help Washington continue to grow as a global leader on blockchain technology.
"With the formation of the work group, Washington is now positioned to lead the country when it comes to blockchain and distributed ledger technology.

Blockchain as a Service (BaaS) Market worth $11,519 million by 2026 - Exclusive Report by MarketsandMarkets™

Retrieved on:

Tuesday, September 21, 2021

In this study, tools refer to a standalone BaaS platform that cannot be further segmented.

Key Points:

In this study, tools refer to a standalone BaaS platform that cannot be further segmented.
BaaS tools in the market enable customers to set up private, public, and consortium-based blockchain environments and provide them with capabilities to develop their own blockchain applications and solutions.
These tools enable people, products, applications, and services to interoperate across the blockchain network.
Blockchain Supply Chain Marketby Offering (Platform, Services), Type (Public, Private, and Hybrid and Consortium), Provider, Application (Asset Tracking, Smart Contracts), Enterprise Size, Vertical (FMGC, Healthcare), and Region - Global Forecast to 2026

Blockchain as a Service (BaaS) Market worth $11,519 million by 2026 - Exclusive Report by MarketsandMarkets™

Retrieved on:

Tuesday, September 21, 2021

In this study, tools refer to a standalone BaaS platform that cannot be further segmented.

Key Points:

In this study, tools refer to a standalone BaaS platform that cannot be further segmented.
BaaS tools in the market enable customers to set up private, public, and consortium-based blockchain environments and provide them with capabilities to develop their own blockchain applications and solutions.
These tools enable people, products, applications, and services to interoperate across the blockchain network.
Blockchain Supply Chain Marketby Offering (Platform, Services), Type (Public, Private, and Hybrid and Consortium), Provider, Application (Asset Tracking, Smart Contracts), Enterprise Size, Vertical (FMGC, Healthcare), and Region - Global Forecast to 2026

My Travel Bloc and Dragonchain Sign Letter of Intent

Retrieved on:

Thursday, September 2, 2021

MENLO PARK, Calif., Sept. 2, 2021 /PRNewswire/ -- My Travel Bloc Inc. and Bellevue based Dragonchain have entered into a Letter of Intent to co-develop and deploy the most secure and efficient blockchain travel solution on earth.

Key Points:

MENLO PARK, Calif., Sept. 2, 2021 /PRNewswire/ -- My Travel Bloc Inc. and Bellevue based Dragonchain have entered into a Letter of Intent to co-develop and deploy the most secure and efficient blockchain travel solution on earth.
TravelDragonwill combine My Travel Bloc's global travel services platform with Dragonchain's energy efficient hybrid blockchain and patented smart contracts platform.
- Steve Sedgwick, CEO, My Travel Bloc
Smarter Together- The combined collaborative TravelDragon team is committed to deliver:
Collaboration across the entire travel industry.
"We are thrilled to team up with My Travel Bloc to address the real-world problems currently facing the travel industry.

HackerNoon Launches Slogging, The Slack Blogging App, Nearly 150 Slogging Articles Published

Retrieved on:

Tuesday, August 10, 2021

Civic, Lisk, Dragonchain, CEO, Workload, AMA, Blog, Interview, Digital, Das, Multimedia, Electronic publishing, Marketing, IRC, Public relations

Slogging gives admins the ability to turn their Slack conversation threads into publishable articles on HackerNoon.

Key Points:

Slogging gives admins the ability to turn their Slack conversation threads into publishable articles on HackerNoon.
In beta with only HackerNoon published writers, the first 150+ posts have been published on the #SLOGGING hashtag .
The Slogging app is not yet publicly available, but any tech company or Slack community can request access to Slogging via this brief form .
"Over the last year, we realized our tech lead had published 30,000+ Slack updates but only 12 HackerNoon posts.

Blockchain Labs Introduces InfraBlockchain - the Blockchain Solution for Governments and Enterprises

Retrieved on:

Thursday, November 19, 2020

Articles, Computing, Cryptocurrencies, Information, Bitcoin, Blockchain, Decentralization, Dragonchain

SEOUL, South Korea, Nov. 19, 2020 /PRNewswire/ --Blockchain Labs announced the launch of InfraBlockchain, highlighting its implementation flexibility to provide both a stable public blockchain and a scalable permissioned blockchain.

Key Points:

SEOUL, South Korea, Nov. 19, 2020 /PRNewswire/ --Blockchain Labs announced the launch of InfraBlockchain, highlighting its implementation flexibility to provide both a stable public blockchain and a scalable permissioned blockchain.
According to Blockchain Labs, InfraBlockchain's patented consensus mechanism makes it possible to design the network as a permissioned blockchain for internal uses, a consortium blockchain for limited group uses, or a completely public blockchain that openly invites anyone to participate.
However, recognizing the limitations of existing technologies, Blockchain Labs developed its own InfraBlockchain to address the technical problems that hindered blockchain's mass adoption.
Already having supplied the blockchain solution for RV-sharing platform for Seoul City earlier this year, Blockchain Labs looks to continue its expansion to bring more blockchain-based services.

BlockApps Launches Agribusiness Blockchain Network ‘TraceHarvest’ Following Success with Bayer

Retrieved on:

Wednesday, November 18, 2020

BlockApps , the leading enterprise blockchain platform provider, today announced the launch of the TraceHarvest Network which is transforming the way agricultural products are managed.

Key Points:

BlockApps , the leading enterprise blockchain platform provider, today announced the launch of the TraceHarvest Network which is transforming the way agricultural products are managed.
The BlockApps TraceHarvest Network is the first blockchain solution of its kind to track and trace the full lifecycle of agricultural products starting at the seed source.
The TraceHarvest Network runs on BlockApps cloud-agnostic STRATO platform, a flexible, enterprise-grade, Ethereum-based blockchain solution for building and running business networks with built-in security.
Bayer is committed to the principles of sustainable development, and the Bayer brand stands for trust, reliability and quality throughout the world.

VMware Announces Availability of Enterprise Blockchain Platform

Retrieved on:

Wednesday, November 18, 2020

Data management, Security, Technology, Mobile, Wireless, Software, Networks, Internet, Cryptocurrencies, Blockchains, Computing, Articles, Information, VMware, Smart contract, Cardano, Dragonchain

VMware Blockchain delivers to customers the enterprise features they need for production today and the flexibility to adapt to future needs in the rapidly evolving blockchain space.

Key Points:

VMware Blockchain delivers to customers the enterprise features they need for production today and the flexibility to adapt to future needs in the rapidly evolving blockchain space.
Announced as a beta at VMworld 2018 Europe, VMware is bringing its industry-leading benefits to the VMware Blockchain platform to provide enterprise-grade capabilities such as: extensibility, security and privacy, performance, and scalability.
VMware Blockchain supports DAML, an open source smart contract language created by VMware Blockchain technology partner, Digital Asset.
VMware Blockchain provides a platform for us to model and enforce multi-party agreements on a Scalable Byzantine Fault Tolerant platform.

StrongBlock Announces New Token Economics, Will Burn 96 percent of Minted Supply

Retrieved on:

Tuesday, November 10, 2020

Professional services, Retail, Technology, Other Retail, Other Technology, Finance, Cryptocurrencies, Computing, Articles, Ethereum, Information, Blockchain, Decentralized finance, Tron, Dragonchain, Draft:FISCO Coin

To start, StrongBlock will reduce its token supply by 96 percent, taking the total supply from 10 million to 400,000 STRONG tokens by December 1, 2020.

Key Points:

To start, StrongBlock will reduce its token supply by 96 percent, taking the total supply from 10 million to 400,000 STRONG tokens by December 1, 2020.
StrongBlock has a governance token, STRONG, that it uses to reward node operators running on Ethereum and other supported blockchain protocols.
StrongBlock helps Ethereum and other blockchain providers to rapidly scale operations by offering rewards to those who best support blockchain infrastructure.
STRONG tokens grant administrative authority to holders to propose, vote, and implement changes to the StrongBlock DeFi protocol.

Understanding Blockchain: A Review of FPF’s Oct. 29th Digital Data Flows Masterclass

Retrieved on:

Wednesday, November 4, 2020

Blockchains, Cryptocurrencies, Articles, Computing, Information, Decentralization, Privacy and blockchain, General Data Protection Regulation, Smart contract, Dragonchain

Dr. Artzt described the roles and the responsibilities of blockchain participants under the GDPR and similar international data protection regimes.Miners validate transactions by solving a mathematical puzzle defined by the applicable consensus mechanism used by the blockchain. Miners do not determine the specific purpose of any data processing activity nor do they carry out any specific services based on instructions of controllers. Therefore miners are not controllers or processors under the GDPR.Nodes refer to the decentralized computers that each store a copy of the blockchain. As an IT operation, storing does not implicate decision-making processes. Therefore nodes are not controllers or processors. Indeed, it is difficult to interpret merely participating in the blockchain network as determining the means and purpose of a specific data processing activity.Wallets store and manage asymmetric keys and addresses used for transactions at the application level. Wallets allow blockchain users to control their own private keys and interact with the network. As a software package, wallets merely pass data from users to miners and therefore do not by themselves determine the purpose or means of processing and are not controllers.Users – Users participate in transactions on a blockchain network. Users could be controllers if (i) personal information is submitted to the ledger and (ii) the processing activity has a professional or commercial background only. However, if the processing of information is in the course of a “purely personal or household activity,” it may fall under the GDPR’s household exception. Art. 2(2)(c). In that case, the GDPR doesn´t apply.Smart Contract Developers create algorithms to use in “smart contract” programs stored on the blockchain which provide certain functionality to blockchain users. Notably, they do not operate the software they write and therefore do not determine the purpose and means of the processing activity.Oracles refer to agents that allow the transfer of external data feeds to the blockchain to leverage smart contracts. Oracles are necessary to process external real-world events for the network and have a strong influence on the data processing operation. Therefore, oracles can qualify as controllers if they have a commercial interest in the outcome of the related data processing.Governance Bodies monitor blockchain transactions and define the roles of the participants. Existing only in private blockchains, a governance body qualifies as a controller if it has control over the processing of personal data. Governance bodies can also determine one participant to act as a controller and become processors or joint controllers as a result.The masterclass on blockchain technology completes the VUB-FPF Digital Data Flows Masterclass series.

Key Points:

Dr. Artzt described the roles and the responsibilities of blockchain participants under the GDPR and similar international data protection regimes.

Miners validate transactions by solving a mathematical puzzle defined by the applicable consensus mechanism used by the blockchain. Miners do not determine the specific purpose of any data processing activity nor do they carry out any specific services based on instructions of controllers. Therefore miners are not controllers or processors under the GDPR.
Nodes refer to the decentralized computers that each store a copy of the blockchain. As an IT operation, storing does not implicate decision-making processes. Therefore nodes are not controllers or processors. Indeed, it is difficult to interpret merely participating in the blockchain network as determining the means and purpose of a specific data processing activity.
Wallets store and manage asymmetric keys and addresses used for transactions at the application level. Wallets allow blockchain users to control their own private keys and interact with the network. As a software package, wallets merely pass data from users to miners and therefore do not by themselves determine the purpose or means of processing and are not controllers.
Users – Users participate in transactions on a blockchain network. Users could be controllers if (i) personal information is submitted to the ledger and (ii) the processing activity has a professional or commercial background only. However, if the processing of information is in the course of a “purely personal or household activity,” it may fall under the GDPR’s household exception. Art. 2(2)(c). In that case, the GDPR doesn´t apply.
Smart Contract Developers create algorithms to use in “smart contract” programs stored on the blockchain which provide certain functionality to blockchain users. Notably, they do not operate the software they write and therefore do not determine the purpose and means of the processing activity.
Oracles refer to agents that allow the transfer of external data feeds to the blockchain to leverage smart contracts. Oracles are necessary to process external real-world events for the network and have a strong influence on the data processing operation. Therefore, oracles can qualify as controllers if they have a commercial interest in the outcome of the related data processing.
Governance Bodies monitor blockchain transactions and define the roles of the participants. Existing only in private blockchains, a governance body qualifies as a controller if it has control over the processing of personal data. Governance bodies can also determine one participant to act as a controller and become processors or joint controllers as a result.

The masterclass on blockchain technology completes the VUB-FPF Digital Data Flows Masterclass series.
The most recent masterclass explored the basics of how blockchain technologies work, including established and proposed use cases, which were then evaluated through the lens of privacy and data protection.
What is the legal compliance analysis of blockchain systems, particularly addressing the roles and responsibilities of various parties engaging with the technology?
Those managing or using a blockchain-based system could assume certain responsibilities depending on their role in processing the data.
With private blockchains, a data subject may theoretically treat the governance body as the responsible controller of their information.
Any data on the public blockchain will be there to stay and cant be deleted or rectified.
Similarly, the immutability of data in blockchains creates tension with other data privacy principles such as purpose limitation and data minimization.
The personal data is replaced with a hash value which remains on the blockchain and points to the reference data stored externally.
Off-chain storage may resolve some of the issues around erasure requests and enable greater data minimization and purpose limitation.
Under GDPR or similar legal frameworks, controllers will likely have to carry out a data privacy impact assessment (DPIA).
Utilizing various mitigation measures may offer controllers ways to apply privacy-preserving technical solutions while benefiting from potential innovative capabilities.
To learn more about the eight masterclasses in the VUB-FPF Digital Data Flows Masterclass series click here.