Blockchain
Former UK National Security Adviser Sir Mark Lyall Grant joins L3COS as demand for blockchain solutions grow
L3COS, the world’s first quantum-safe blockchain-based operating system that enables full governmental and regulatory oversight, has today announced the appointment of Sir Mark Lyall Grant as a member of its advisory board. The move came as the company started engaging in early discussions with central banks on the ways in which the L3COS operating system can provide central banks in the G20 and beyond with a functioning, but fully secure Central Bank Digital Currency (“CBDC”).
Sir Mark will provide strategic advisory services and counsel to the L3COS board and senior management as it engages with sovereign institutions and regulatory authorities around the world.
Sir Mark, currently a visiting professor at King’s College London, is a highly regarded former civil servant and diplomat having held the senior position of the United Kingdom’s National Security Adviser (2015 – 2017); prior to that he was the British Ambassador and Permanent Representative to the United Nations (2009 – 2015).
Speaking on the appointment of Sir Mark, Zurab Ashvil, the CEO and founder of L3COS, said:
“Sir Mark’s addition to the team comes at the right time as central banks fully explore how they might integrate blockchain technology into the fabric of the global financial system.
“His undeniable insight gained from his many senior roles within Government will afford L3COS the insight and knowledge we need to tailor the L3COS solution to the needs of central banks and other leading global financial institutions. We are thrilled by his decision to support us at this pivotal moment in the development of L3COS.
“Nowhere is that insight better exemplified than by our recent discussions with central banks about how they can set up a CBDC and best utilise L3COS’s blockchain technology that enables full governmental and regulatory oversight. It would be inappropriate to comment on the content of those discussions as they remain at an early stage; however, we are confident that the L3COS solution can help to provide a fully reliable, secure, durable, valuable and portable CBDC.”
Sir Mark added:
“I am delighted today to be joining the L3COS Advisory Board. L3COS is a dynamic, future-oriented company.
“It is clear that one of the key drivers of future economic growth will be the secure digitisation of large parts of major economies, creating greater efficiency and productivity.
“The COVID-19 crisis is already further accelerating this trend. L3COS has spent six years building a unique quantum-safe technology with rich functionality, which can play a central role in supporting digitisation for governments, businesses and individual citizens. I look forward to helping L3COS to take forward this exciting project.”
L3COS
L3COS, (pronounced “Leckoss”) brings the benefits of blockchain to the wider economy. It enables full governmental and regulatory oversight, but is applicable for businesses large and small as well as for individuals. It is the first and inevitable, but essential, step in making the world fully digitalised.
L3COS has developed the first quantum-safe blockchain operating system with sufficient scale and speed to meet the growing needs of central banks around the world. Its blockchain technology is immutable, fully auditable, traceable and transparent, all of which makes fraud, money laundering or other black-market financing impossible. Blockchain is now a tried and tested technology with up to half of the leading companies in the US, and many others around the globe already deploying it in their systems and process management.
L3COS (Level 3 Consensus Operating System) is the next generation blockchain. It operates on three levels of consensus, one for each of government, business and society. The operating system facilitates secure, regulated and digitalised activity for countries, and their sovereign institutions such as central banks, for corporates and for individuals. This triple layer consensus system is quantum-safe, cost effective and can digitalise transactions faster and with greater transparency.
Sir Mark Lyall Grant, GCMG
Sir Mark, currently a visiting professor at King’s College London, is a highly regarded former civil servant and diplomat having held the senior position of the United Kingdom’s National Security Advisor (2015 – 2017).
Prior to that he was the British Permanent Representative to the United Nations (2009 – 2015) and was also the Director General Political at the Foreign and Commonwealth Office where he was the Principal Adviser to the Foreign Secretary on strategic foreign policy issues (2007 – 2009) and the UK High Commissioner to Pakistan (2003 – 2006).
In his earlier postings he served in Paris and Pretoria; as Private Secretary to the Minister for Europe in the FCO; and worked on EU and Africa policy.
Knighted in 2006, Sir Mark was educated at Cambridge and a qualified barrister. He was appointed to the Bench of Middle Temple in 2011.
Blockchain
Blocks & Headlines: Today in Blockchain – April 23, 2025 – EDPB, Binance, MicroCloud, Nile Coin, TruaBroker
Welcome to Blocks & Headlines, your daily op-ed–style briefing on the most significant developments in blockchain technology and the cryptocurrency industry. Today’s dispatch spotlights landmark privacy guidelines from the European Data Protection Board, Malaysia’s engagement with Binance’s founder to turbocharge digital finance, a groundbreaking blockchain reconstruction solution from MicroCloud Hologram, the impending launch of Nile Coin on Solana by Hyperscale Data’s subsidiary BitNile.com, and Trua’s AI-driven TruaBroker compliance platform. These stories underscore how regulation, infrastructure innovation, token launches, and compliance automation are shaping Web3’s next chapter.
1. EU’s Privacy Guardrails: EDPB Proposes Blockchain Data Access Guidelines
Source: Decrypt
The European Data Protection Board (EDPB) has published draft guidelines aimed at reconciling blockchain’s immutable architecture with GDPR’s privacy mandates. Key directives include avoiding on-chain storage of personal data when it conflicts with Data Protection by Design and by Default, conducting Data Protection Impact Assessments (DPIAs) for high-risk processing, and implementing organizational and technical measures to limit default data access to an “indefinite number of persons” Decrypt.
Op-Ed Insight:These guidelines mark a pivotal moment. By mandating privacy-by-design and off-chain anchoring of sensitive information, the EDPB effectively pressures projects to adopt hybrid architectures—where on-chain transparency coexists with off-chain confidentiality. While defenders of pure decentralization decry potential censorship, privacy advocates hail these guardrails as essential to prevent authoritarian misuse of immutable ledgers. Ultimately, projects that bake data protection into their smart contracts and storage layers will secure both regulatory compliance and user trust.
2. Malaysia Taps Binance’s CZ for a Blockchain Finance Overhaul
Source: Bitcoin News
Malaysian Prime Minister Anwar Ibrahim has initiated high-level discussions with Changpeng Zhao (CZ), Binance’s founder and former CEO, to position Malaysia as Southeast Asia’s preeminent hub for tokenization and digital finance. The dialogue focuses on leveraging blockchain to modernize capital markets, streamline cross-border payments, and foster regulatory sandboxes that attract global Web3 startups Beamstart.
Op-Ed Insight: Engaging CZ signals Malaysia’s ambition to leapfrog legacy financial architectures by importing Binance’s exchange expertise and compliance playbooks. Yet success hinges on crafting balanced regulations that encourage innovation without compromising investor protection. If Malaysia can marry CZ’s technical insights with proactive oversight—such as clear licensing pathways for decentralized exchanges—it could catalyze a shift in regional capital flows from traditional finance hubs like Singapore to Kuala Lumpur.
3. MicroCloud Hologram’s VSS-Powered Blockchain Reconstruction Solution
Source: PR Newswire
MicroCloud Hologram Inc. (NASDAQ: HOLO) unveiled an innovative blockchain reconstruction solution that employs Verifiable Secret Sharing (VSS) technology to split and distribute private key shares across distributed nodes. Four core components—VSS-based key sharding, redundant node storage, dynamic participant verification, and incentive-driven reward/penalty mechanisms—enable rapid, trustless restoration of blockchain data integrity following attacks or node failures PR Newswire.
Op-Ed Insight: As DeFi and on-chain finance proliferate, uninterrupted availability and data consistency have become paramount. MicroCloud’s VSS approach transforms reconstruction from a centralized recovery process into a decentralized protocol, minimizing reliance on any single custodian. This paradigm could redefine disaster-recovery benchmarks: imagine an exploited smart contract whose state is instantly rebuilt through pre-sharded secrets, preserving transactional continuity without manual key escrow.
4. BitNile.com to Launch Nile Coin on Solana Blockchain
Source: GlobeNewswire
Hyperscale Data, Inc. (NYSE American: GPUS) announced that its social gaming subsidiary BitNile.com will launch Nile Coin on Solana on May 1, 2025. Solana’s high throughput and low fees position it as an optimal platform for BitNile’s gaming ecosystems, where Nile Coin will fuel in-game economies, reward completions, and facilitate peer-to-peer transactions. Further details on tokenomics and utility are expected in the coming weeks GlobeNewswire.
Op-Ed Insight: While new token launches are ubiquitous, Nile Coin’s Solana-native design leverages one of the fastest blockchains for scalable micro-transactions—a critical requirement for social gaming. Success will depend on robust token utility, partnership integrations, and community incentives. If BitNile.com can embed Nile Coin across multiple entertainment verticals (e-sports, virtual concerts, NFTs), it could ignite a network-effect flywheel, bolstering both user engagement and on-chain liquidity.
5. TruaBroker: Automating Compliance with AI-Powered Trust Credentials
Source: PR Newswire (via Benzinga)
Trua, a leader in digital trust credentials, launched TruaBroker
, a cloud-based platform that automates compliance for broker-dealers and Registered Investment Advisors. Built on Trua’s patented Continuous Evaluation engine, TruaBroker delivers real-time monitoring of FINRA, SEC, and NFA records; identity verification; and continuous credential checks—all without IT integration. Its AI algorithms flag licensing gaps, disciplinary histories, and civil actions, enabling firms to maintain audit readiness and mitigate risk proactively Benzinga.
Op-Ed Insight: In an era when on-chain transactions intersect with regulated financial activities, seamless compliance is non-negotiable. TruaBroker’s model—issuing reusable, verifiable digital credentials anchored by blockchain—offers a blueprint for how KYC/AML processes can evolve into dynamic, trustless workflows. As DeFi platforms eye tokenized securities and on-ramps, integrating similar continuous-evaluation mechanics could become a competitive differentiator, blending self-sovereign identity with regulatory assurance.
Conclusion
Today’s headlines illustrate blockchain’s multifaceted evolution: from regulatory frameworks enforcing privacy and consumer rights, to infrastructure innovations that ensure resilience; from national strategies enlisting industry titans to drive tokenization, to platform launches forging new digital economies; and from compliance automation transforming institutional trust to AI-powered credentialing.
As the space matures, successful projects will be those that:
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Embed privacy and compliance by design—aligning with GDPR and global regulations.
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Invest in self-healing architectures—leveraging cryptographic primitives like VSS.
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Cultivate vibrant token ecosystems—anchored on high-performance chains.
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Adopt continuous, AI-driven governance—bridging the gap between Web3 innovation and traditional financial oversight.
Stay tuned to Blocks & Headlines for incisive commentary and daily updates on the blockchain stories that shape tomorrow’s decentralized future.
The post Blocks & Headlines: Today in Blockchain – April 23, 2025 – EDPB, Binance, MicroCloud, Nile Coin, TruaBroker appeared first on News, Events, Advertising Options.
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