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Blockchain Mormons, ICOs, Aliens, Football: London Scene Round Up

Blockchain Mormons, ICOs, Aliens, Football: London Scene Round Up

Our London Correspondent on new ICOs, Mormons seeing the light in Blockchain, Satoshi, Blockchain entrepreneur abducted by aliens and CityChain 2017.

Our London Correspondent Nick Ayton, the Sage of Shoreditch, reports on new promising ICOs, Mormons seeing the light in Blockchain, Satoshi run over in Picadilly, Blockchain entrepreneur abducted by aliens and CityChain 2017 which was a huge hit!

In short, another exciting week in fintech capital whereby some Blockchain is apparently seen as a religion.

Proof of Donation

The Mormon church realized Proof of Donation consensus could be a blessing in disguise. Forget the West End play called “Book of Mormon” and let me introduce you to the Ledger of Mormon. Obsessed with record keeping, the church that is, it wouldn’t be long until it was adopted by one of the mainstream faiths.

“The Ledger of Mormon is the perfect place to record all donations that come from our communities” mentions Donald Osmund.

“The Mormon community is funded by its community members and from other donations, with each recorded on the Blockchain as a separate transaction where all members of the Mormon church can see what others are contributing.”

“We decided to adapt the Proof of Work consensus alogorithm as on Sundays the server room got hot which made the lights dim as the donations were processed in real time. So we came up with Proof of Donation that is less labor and resource intensive.”

ICO RoundUp

Among the upcoming ICOs, I am looking forward to is Metal. Announcing the ICO its founder Marshall Hayner told me about their Proof of Payments Processed consensus that allows everyone to get rewarded for every dollar spent. Other ICOs are Aeternity delivering Lightning-based Smart Contracts that is already active, and of course Cosmos and TaaS ICOs gaining pace with the big one Storj attempting to solve the decentralized storage challenges of Blockchain that is expected anytime soon.

Satoshi in Hospital

Satoshi gets run over by a chocolate lorry delivering Easter eggs.

CT: I got a call from Vittalark Buttering who seemed very panicked on Tuesday.

Vittalark Buttering: He is not that badly hurt you know.

CT: Who? Like I didn’t know.

VB: Satoshi’s been run over by a chocolate duck shaped van on Picadilly.

CT: Is he Ok?

VB: I think so, he is at the Royal Chelsea Hospital and I am on my way to see him. Apparently, he was impaled on chocolate bunnies and might not be able to eat chocolate ever again.

CT: Well that is a relief. Maybe he could design Proof of Cocoa.

But before I got an answer the line went dead and Vitallark was gone. We hope Satoshi makes a full recovery and he con continue to eat chocolate.

CityChain 17 lands at IBM Southbank

Following a successful Blockchain for Business People event to hot ticket, this week was CityChain 17 with some familiar names speaking.

The event didn’t disappoint as it was produced by ‘mbn solutions’ based in Glasgow who are at the center of the Scottish Blockchain movement which has seen Nicola Sturgeon and the Scottish Parliament support.

Hosted by Paul Forrest (Chair) and organized by Michael Young there was a healthy dose of Hyperledger ever present but it was Gideon Greenspan CEO CoinSciences and brains behind MultiChain that for me stole the show, although Dave Birch at Consult Hyperion was the audience’s favourite delivering an amusing talk announcing “Blockchain is a religion, not a technology” soundbite.

With talks from Simon Taylor, Director of Blockchain at 11:FS, Peter Bidewell at Applied Blockchain and John McLean of IBM CityChain have shown it was a well-rounded event, definitely one for your Blockchain Calendar.

Abducted Again

West Ham Football Club Fan and Blockchain entrepreneur abducted by aliens, again…

CT Catches up with Billy Whizz after another alien sighting when Billy’s pork pie goes missing.

CT: So Billy what happened this time?

Billy Whizz: As usual I had just purchased a pork pie on my way out of the ground where once again we let a 2 goal lead slip.

CT: Talk us through what happened…

BW: It was different to last time. I had just taken a bit of my pie when I was covered in a blue light.

CT: The police?

BW: Not it was over my head, and then I was in a misty room and it was really hot.

CT: You sure it wasn’t in the back of a Police Van?

BW: Are you going to take this seriously or not?

CT: Please continue.

BW: When I looked down my pie had gone, and I saw some shadows at the back moving around and it sounded like they were eating my pie.

Then I was back on the ground, in Upton Park Road, which is strange because West Ham doesn’t play there anymore.

CT: Did they tamper with you?

BW: Of course not I understand Blockchain you know…

Well, Billy, there is a pattern emerging, you shouldn’t buy food after the game as it seems the aliens are hungry at this time and are tracking you.

Source: Science of Crypto
Blockchain Mormons, ICOs, Aliens, Football: London Scene Round Up

Blockchain Digital Identity Network from IBM and SecureKey Technologies

 

IBM InterConnect and identity and authentication provider SecureKey Technologies have announced they are working together to enable a new digital identity and attribute sharing network based on IBM Blockchain. The network will be designed to make it easier for consumers to verify they are who they say they are, in a privacy-enhanced, security-rich and efficient way. When launched later this year, consumers will be able to use the network to instantly verify their identity for services such as new bank accounts, driver’s licenses or utilities.

Together, the two companies are developing the network with IBM’s Blockchain service which is built on top of the Linux Foundation’s open source Hyperledger Fabric v1.0. As a permissioned blockchain, the Hyperledger Fabric is an essential component in delivering services that comply with regulations where data protection and confidentiality matter, particularly for regulated industries.

The network is currently in the testing phase in Canada and, when it goes live later this year, Canadian consumers will be able to opt-in to the new blockchain-based service using a mobile app. Consumers will be able to control what identifying information they share from trusted credentials to the organizations of their choice, for those organizations to quickly and efficiently validate the consumer’s identity and arrange new services. A possible use could be if a consumer has proven their identity with their bank and a credit agency, they can grant permission to share their data with a utility to create a new account. Since the bank and the credit agency have already gone through extensive verification of the consumer’s identity, the utility can choose to rely on the fact that the information is verified, and the consumer can be approved for new services.

Marie Wieck, general manager for IBM Blockchain, commented: “What IBM is building with SecureKey and members of the digital identity ecosystem in Canada, including major banks, telecom companies and government agencies, will help tackle the toughest challenges surrounding identity. This method is an entirely different approach to identity verification, and together with SecureKey, we have a head start on putting it on the blockchain. This is a prime example of the type of innovation permissioned blockchain networks can accelerate.”

Founder and CEO of SecureKey Technologies, Greg Wolfond said: “Hyperledger Fabric is by far the most advanced permissioned-blockchain technology available today, in my opinion, both in protecting user data and allowing us to work within the context of industry and country privacy laws. Among the many contributors to Hyperledger Fabric including SecureKey, IBM is a standout innovator that has proven that they can rapidly bring blockchain solutions to production. We are very excited to enter into this formal agreement that will benefit consumers around the world.”

Canada’s leading banks, including BMO, CIBC, Desjardins, RBC, Scotiabank and TD joined the digital identity ecosystem in October, 2016, investing $27M collectively in SecureKey. The Digital ID and Authentication Council of Canada (DIACC) and the Command Control and Interoperability Center for Advanced Data Analytics (CCICADA), a research centre of excellence funded by the U.S. Department of Homeland Security Science & Technology Directorate, have also provided funding to bring the new approach to digital identity to market.

Andrew Irvine, Head of Commercial Banking and Partnerships at BMO Bank of Montreal, remarked: “Our goal for this partnership is to accelerate the pace at which we can develop a service to help consumers better manage, protect and control their digital assets and identity, and ultimately provide our customers with greater convenience and a better overall experience,”

Senior Vice President of Innovation at CIBC, Todd Roberts stated: “Implementing forward thinking innovation is key to ensuring our clients have the best possible experience in today’s digital environment. We are pleased to continue working with SecureKey to implement leading edge technology that protects our clients’ security and privacy in the digital ecosystem.”

Patrice Group explained: “We believe that combining SecureKey’s expertise and innovation in identity and the technological knowledge and leadership of Hyperledger Fabric and IBM Blockchain’s High Security Business Network will be foundational in delivering a great identity solution for consumers in Canada and also help pave the way at the international level,”

VP of Solution Acceleration and Innovation at RBC, Eddy Ortiz said: “Collaborating with partners like SecureKey and IBM in the development and implementation of solutions that make our clients’ interactions secure and seamless is essential to meeting evolving expectations in a digital world. Canada has an important opportunity to innovate with emerging technologies like blockchain to advance digital identity in Canada.”

Mike Henry, Executive Vice President for Retail Payments, Deposits and Unsecured Lending at Scotiabank, noted: “Scotiabank is embracing digital technologies like blockchain to offer a superior customer experience and to make it easier for customers to bank with us whenever they want and wherever they are,” “We are pleased to work with SecureKey and other innovative partners to provide Canadian consumers with an easy and secure privacy-enhanced digital ID process.”

Chief Digital Officer at TD, Rizwan Khalfan commented: “Helping Canadians control the security of their personal data to reduce the risk of fraud online, in person, or over the phone is innovating with purpose. We are thrilled to work with SecureKey and its partners in the creation of an innovative identity ecosystem designed to allow our customers to digitally and securely validate their identity, when and how they want to.”

 

Sursa: blockchain-finance.com

Source: Science of Crypto
Blockchain Digital Identity Network from IBM and SecureKey Technologies