Blockchain
EpositBox Revolutionizes Personally Identifiable Information and Sensitive Data Storage using Immutable Blockchain Technology
EpositBox, a Secure Data Storage and Protection Services Company is excited to participate in the upcoming Accelerate event with Fast Company, IBM and Intel in San Francisco on November 8, 2023.
EpositBox recently announced the patent pending development of an IBM Hyperledger Blockchain data storage and protection service that provides a secure platform to protect a company’s PII/SD by acting as a third party to separate companies from their PII/SD without interrupting the usability of their own property via a secure performant API protocol. Learn more at www.epositbox.com.
This platform offers a number of distinct advantages:
- Liability and compliance overhead for PII/SD storage is extracted away from the company.
- Reduces and eliminates the risk of costly fines of up to 4% of their GNP for non-compliant handling of their PII/SD without a data breach even happening.
- Reduces or eliminates the risk of serious brand damage occurring from a breach of PII/SD.
- Security of PII/SD is far superior, protecting a company from outsider and insider threats and errors.
- PII/SD interaction is seamless, performant and will not hinder the transaction process.
- Consumers will have more confidence in a third-party curator whose business model is to comply with regulators to protect the consumer’s PII/SD.
- EpositBox can store and protect any Sensitive Data Type.
Critical Newsworthy facts:
- Data is locked in an immutable IBM Blockchain ledger record that cannot be hijacked!
- We receive data that is fully obfuscated and encrypted by using a dedicated key. Then this data is over- encrypted within the IBM Blockchain, increasing the difficulty and compute time of decrypting stolen data out to 100+ years, beyond its relevant value.
- Stealing data from EpositBox requires the threat actor to collaboratively breach the security defenses of the company, EpositBox and IBM Blockchain, increasing the cost and complexity of harvesting stolen data beyond its black-market value.
- The EpositBox platform drives up the cost of acquisition to a threat actor, steering them toward lower hanging fruit elsewhere, as it destroys the value of any stolen data in the criminal black market.
Blockchain
Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity)
Building Customer Trust in AI with Blockchain
Blockchain is emerging as a critical tool in addressing the trust deficit in artificial intelligence. By leveraging decentralized ledgers, companies can provide transparent data provenance, ensuring that AI algorithms operate ethically and without bias. This integration allows customers to verify the origins of data used in AI models, fostering greater confidence.
Businesses deploying blockchain for AI governance must prioritize simplicity and accessibility in their implementations. While the technology’s potential is immense, it is essential to communicate its benefits in a manner that resonates with non-technical stakeholders.
Source: Harvard Business Review
Blockchain at a Crossroads: Balancing Promise and Peril
As blockchain technology matures, it finds itself at a crossroads. On one side, the promise of decentralization continues to captivate industries, offering solutions for supply chain management, finance, and digital identity. On the other, challenges such as regulatory scrutiny, scalability issues, and energy consumption threaten to impede its growth.
The path forward will require a concerted effort from developers, regulators, and industry leaders. Collaborative frameworks that address these challenges while preserving blockchain’s core principles of decentralization and transparency are key to ensuring its sustained relevance.
Source: Cointelegraph
BRICS vs. USD: Blockchain’s Role in Economic Shifts
The BRICS nations (Brazil, Russia, India, China, and South Africa) are exploring blockchain-based solutions to reduce their reliance on the US dollar in international trade. By adopting decentralized technologies, these nations aim to foster economic independence and promote stability in the face of geopolitical tensions.
This initiative exemplifies blockchain’s potential to redefine global financial systems. However, its success hinges on addressing interoperability issues and fostering international collaboration. The evolution of blockchain-based trade networks could mark the beginning of a new era in economic diplomacy.
Source: CoinGeek
Hungri Games Expands MetaHorse Unity to Base Blockchain
Hungri Games has announced the expansion of its MetaHorse Unity project to the Base blockchain, aiming to enhance the gaming experience with improved scalability and lower transaction costs. This move aligns with the growing trend of integrating blockchain into gaming to create transparent and secure ecosystems.
By adopting Base, a layer-2 blockchain, MetaHorse Unity seeks to offer players a seamless and cost-effective gaming experience. The partnership highlights the potential of blockchain to transform the gaming industry, enabling innovative monetization models and fostering player engagement.
Source: CoinTrust
Nano Labs Purchases Trump Tokens to Celebrate Presidency
Nano Labs commemorated former President Donald Trump’s legacy with the acquisition of 47 Trump Tokens. This symbolic gesture underscores the intersection of blockchain technology and cultural milestones, showcasing how tokens can represent historical and social narratives.
The purchase also highlights the increasing role of blockchain in creating unique, tradable assets that capture moments in time. As tokenization continues to gain traction, it is redefining how value and significance are assigned in the digital age.
Source: PRNewswire
Final Thoughts: Blockchain’s Expanding Horizons
This week’s developments highlight the diverse applications of blockchain technology, from fostering trust in AI to reshaping global economic systems. As the industry navigates challenges and opportunities, collaboration and innovation will be crucial in unlocking blockchain’s full potential.
While hurdles such as scalability and regulation persist, the technology’s ability to drive transparency, security, and inclusivity remains unparalleled. The coming years will undoubtedly see blockchain continue to evolve, solidifying its role as a transformative force across sectors.
The post Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity) appeared first on News, Events, Advertising Options.
Blockchain
CoreNest Capital Announces Strategic Investments in SpaceX, CTGT, Open Clinic, Asha Health, CollectWise, Curo, Hybrd, and Study Dojo
OpenAI, xAI, SpaceX, Weave Robotics, Blaze Payments, Domu AI, Phonely AI, Andromeda Surgical, Texture Capital, Artisan AI, Piramidal,Avatar Medical, OpenCall, Fleak AI, Algorized, itsElectric, Dili, CTGT, Open Clinic, Asha Health, CollectWise, Curo, Hybrd, Study Dojo, Sologenic, Coreum, Pulsara
Blockchain
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