Blockchain
FiO TruSign Tackles Fake News with Blockchain-validated Author Signatures
The SaaS company FiO’s latest disruptive application combats the proliferation of “fake news” on the web. FiO’s TruSign is a browser extension that helps authors verify the authenticity of their content as it is disseminated online. TruSign uses blockchain and AI and currently being trialed on inaccurate coronavirus reports that are circulating on social media.
Developed with FiO’s versatile blockchain tool that targets conventional businesses, TruSign enables authors to create an indelible signature to attach to their works approved publication source and third-party website URLs as they spread across the Internet. TruSign’s verification indicates that the article is from the claimed source and the original author has willingly endorsed the piece.
TruSign solves several problems for authors, readers, and media owners. Authors and content creators can now visually certify articles hosting their intellectual property, and be alerted to modification or misuse by third parties who appropriate it. Readers, in turn, can gauge the authenticity and factualness of content before they read or share it. In addition, it encourages and promotes the data correctness of content, and disincentivise the spread of false and misleading information.
TruSign, developed with GPG and FiO’s proprietary technology, works as a secure Google Chrome extension with an intuitive user interface. Users must install the browser plug-in prior to use.
To “sign” an URL, the signed-in author can directly click the TruSign icon to sign the article’s web address and append the signature to the article page. The author’s signature is created by TruSign’s private key and then published on the public blockchain. Users can verify an article’s signature with TruSign’s public key.
TruSign uses a common tiering system to certify the author’s verification level and manage user features. To display a bronze certificate icon, authors must complete basic registration with a verified phone number.
For a higher-level silver certification, authors must verify their real identities. Gold certification is reserved for authoritative media and well-known opinion leaders who are willing to endorse content with their names.
TruSign is tested on Facebook, to help combat the spread of misleading and conspiratorial news on the coronavirus. This follows FiO’s innovative blockchain-based volunteering system and the mask distribution map system in Taiwan last month. FiO TruSign is tentatively slated to integrate with other communication software and applications later this year. Visit www.FiO.one or try FiO TruSign www.FiO.one/TruSign.
SOURCE FiO
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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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