Blockchain
Converge Opens Cybersecurity and Identity Management Conversation in Canada
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Converge Technology Solutions Corp. (“Converge” or “the Company“) (TSXV: CTS) (FSE: 0ZB) is pleased to announce the results of the Cybersecurity & Identity Summit held in Ottawa on April 19, 2019. Recent developments in cybersecurity and digital identity management have changed the way people go about their daily lives. The danger posed by “bad actors” and other emerging threats has become a paramount concern for experts in the field. To address these and other concerns, Becker-Carroll and Northern Micro, both Converge companies, along with the Ottawa Cybersecurity Meetup Group, organized the Cybersecurity & Identity Summit in Ottawa. The one-day event was developed to spur conversations and create mutually rewarding relationships between industry-minded individuals.
The event was a resounding success, with over 350 attendees and 23 presenters. It was comprised of panels, breakout sessions, and keynote addresses that opened the floor for dialogue around the growing need for security and identity solutions for both the public and private sectors. The speakers and panelists were carefully selected by leaders at Becker-Carroll and Ottawa Cybersecurity Group for their industry knowledge and experience.
“When we were working with the Ottawa Cybersecurity Meetup Group members to organize this event, we knew that it would reach a sizeable audience. Based on the attendance and the conversations that took place at the event, it is apparent that the need for our digital identity message is even greater than we thought,” said Don Cuthbertson, COO of Converge. “People in every industry need to understand how these topics affect them, and it’s my hope that this discussion grows and evolves as new trends emerge.”
“Digital identity management is rapidly evolving and becoming more complex. Keeping information secure is tantamount to running a successful business, and organizations must understand the way in which cyberthreats that target people as well as systems can impact them in order to remain protected,” said Bruce Levis, Co-Founder and Managing Partner at Becker-Carroll. “Something as innocuous as a spam email can result in a catastrophe if the appropriate preparations are not made.”
Converge, through Becker-Carroll and other Converge companies, is focused on becoming an industry leader in digital identity to deliver digital innovation and transformation solutions to customers with privacy and security at the forefront; with the ability to leverage advancements in blockchain, distributed ledger and self-sovereign identity technologies for associated trust assertions.
SOURCE Converge Technology Solutions Corp.
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Blockchain
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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