Blockchain
Converge Opens Cybersecurity and Identity Management Conversation in Canada
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.
Blockchain
Pantera Capital Plans to Raise $1 Billion for New Fund Offering Exposure to Crypto Assets
Pantera Capital is reportedly planning to raise $1 billion for a new fund that offers exposure to various crypto assets, as reported by Blockchain.News. This ambitious fundraising initiative underscores Pantera’s continued confidence in the potential of the cryptocurrency market and its commitment to providing investors with diversified investment opportunities in the digital asset space.
The new fund from Pantera Capital aims to capitalize on the growing demand for exposure to cryptocurrencies and blockchain-based assets among institutional and retail investors. By offering a comprehensive portfolio of crypto assets, the fund seeks to provide investors with access to a wide range of investment opportunities, spanning cryptocurrencies, tokens, and other digital assets.
Pantera’s decision to raise $1 billion for the new fund reflects its optimistic outlook on the long-term growth prospects of the cryptocurrency market. With increasing mainstream adoption and institutional interest in cryptocurrencies, Pantera sees significant potential for value creation and capital appreciation in the digital asset space.
As one of the leading blockchain-focused investment firms, Pantera Capital is well-positioned to attract capital from investors seeking exposure to the cryptocurrency market. The firm’s track record of successful investments and its experienced team of investment professionals are likely to bolster investor confidence and support for the new fund.
Pantera Capital’s plans to raise $1 billion for its new fund underscore its commitment to driving innovation and growth in the cryptocurrency market. As the fund attracts capital and deploys it into promising investment opportunities, it is poised to play a key role in shaping the future of the digital asset ecosystem.
Source: blockchain.news
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Blockchain
Existing Blockchains Can’t Adopt Post-Quantum Cryptography Without Significant User Impact, Says Johann Polecsak
Johann Polecsak argues that existing blockchains face significant challenges in adopting post-quantum cryptography without causing substantial disruption to users. This assessment highlights the complex and multifaceted nature of transitioning to new cryptographic standards in blockchain networks.
Post-quantum cryptography refers to cryptographic algorithms that are resistant to attacks from quantum computers, which have the potential to break traditional cryptographic schemes. While post-quantum cryptography offers enhanced security, implementing it in existing blockchain networks poses technical, operational, and usability challenges.
Polecsak suggests that transitioning to post-quantum cryptography could require significant changes to blockchain protocols, consensus mechanisms, and user interfaces. These changes may disrupt existing workflows, require modifications to software and hardware infrastructure, and necessitate coordination among network participants.
Furthermore, Polecsak emphasizes the importance of ensuring backward compatibility and interoperability during the transition to post-quantum cryptography. This is crucial to prevent fragmentation of the blockchain ecosystem and maintain continuity for users and applications.
Polecsak’s assessment underscores the complexities and trade-offs involved in adopting post-quantum cryptography in existing blockchain networks. While the transition promises improved security against quantum threats, it requires careful planning, coordination, and investment to minimize disruption and ensure a smooth transition for users and stakeholders. As the field of post-quantum cryptography continues to evolve, blockchain projects will need to carefully evaluate their options and strategies for implementing these new cryptographic standards.
Source: news.bitcoin.com
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Blockchain
Tech Trends Shaping Retail: From AI to Blockchain
Various technology trends are discussed that are shaping the retail industry, from artificial intelligence (AI) to blockchain. These trends are driving significant changes in how retailers operate and engage with customers, offering new opportunities for innovation and growth.
Artificial intelligence (AI) is highlighted as a key technology trend that is revolutionizing various aspects of the retail industry. AI-powered solutions enable retailers to analyze vast amounts of data, personalize customer experiences, optimize supply chain operations, and enhance decision-making processes. From chatbots and virtual assistants to predictive analytics and recommendation engines, AI is enabling retailers to deliver more personalized and efficient services to their customers.
Blockchain technology is another trend shaping the retail industry, offering benefits such as enhanced transparency, security, and traceability in supply chains and transactions. By leveraging blockchain, retailers can improve inventory management, streamline payments, prevent counterfeit products, and enhance trust and accountability throughout the supply chain. Additionally, blockchain enables retailers to create decentralized marketplaces and loyalty programs, providing new opportunities for customer engagement and loyalty.
Other technology trends discussed in the article include augmented reality (AR) and virtual reality (VR), which are transforming the way consumers shop and interact with products online and in-store. By enabling immersive shopping experiences, AR and VR technologies allow retailers to showcase products more effectively, reduce returns, and increase customer engagement and satisfaction.
Technology trends such as AI, blockchain, AR, and VR are reshaping the retail landscape, driving innovation, and enabling retailers to meet the evolving needs and expectations of consumers in an increasingly digital world. As retailers continue to embrace these technologies, they are poised to unlock new opportunities for growth and differentiation in the competitive retail market.
Source: 365retail.co.uk
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