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      "body": "India’s, one of the most promising crypto exchange has set to change technology as a priority within the country. Recently, UnoCoin has launched Crypto ATMs for the withdrawal of fiat currency from the crypto wallet. User can Cash in and Cash out money from these ATMs.\n\n![IMG_20181014_133147_901.jpg](https://cdn.steemitimages.com/DQmYBCKFxR5pEZr8DfujcPK6HPhBJvtQZq3xgxJYCRAnovS/IMG_20181014_133147_901.jpg)\n\n\nUnocoin To Launch 30 Crypto ATMs Throughout India — Unfolds Solution to RBI Ban \nByPrashant GuptaPublished on October 14, 2018 121 Views\n\n \n\n\nIndia’s, one of the most promising crypto exchange has set to change technology as a priority within the country. Recently, UnoCoin has launched Crypto ATMs for the withdrawal of fiat currency from the crypto wallet. User can Cash in and Cash out money from these ATMs.\n\nNews Bitcoin mentioned that CEO of UnoCoin Sathvik Vishwanath stated that the company will be launching initially 30 Automatic Transaction Machine in the Major cities of India, including Bengaluru, Mumbai, Delhi and other.\n\nThese Crypto ATMs can be used to withdraw fiat currency, i.e cash in and cash out from the crypto wallet straight throught this machine.\n\n \n\nSathivk Vishwanath stated,\n\n \n\nThe first ATM will be operational in Bangalore tomorrow…In the first phase we plan to deploy 30 machines…The first one is in Bangalore followed by Mumbai and New Delhi in the upcoming week.\n\nThough there is no official tweet from Unocoin regarding this, but many of you have seen the ATM picture circulating on the internet.\n\n![Screenshot_20181014-133725__01.jpg](https://cdn.steemitimages.com/DQmNsewFqPiKbvnjZE9qt2GBhGHr4iSqsRXfGMHbLcNct7W/Screenshot_20181014-133725__01.jpg)\n\nInauguration of the Unocoin’s Crypto ATM Machine\n\n![Screenshot_20181014-133849__01.jpg](https://cdn.steemitimages.com/DQmQExqhe8uGDGChFm3nttSDU4SBb1yr7bFT1hawwYpUrQx/Screenshot_20181014-133849__01.jpg)\n\n\nUnocoin To Launch 30 Crypto ATMs Throughout India — Unfolds Solution to RBI Ban \nByPrashant GuptaPublished on October 14, 2018 165 Views\n\n \n\n\nIndia’s, one of the most promising crypto exchange has set to change technology as a priority within the country. Recently, UnoCoin has launched Crypto ATMs for the withdrawal of fiat currency from the crypto wallet. User can Cash in and Cash out money from these ATMs.\n\nNews Bitcoin mentioned that CEO of UnoCoin Sathvik Vishwanath stated that the company will be launching initially 30 Automatic Transaction Machine in the Major cities of India, including Bengaluru, Mumbai, Delhi and other.\n\nThese Crypto ATMs can be used to withdraw fiat currency, i.e cash in and cash out from the crypto wallet straight throught this machine.\n\n \n\nSathivk Vishwanath stated,\n\n \n\nThe first ATM will be operational in Bangalore tomorrow…In the first phase we plan to deploy 30 machines…The first one is in Bangalore followed by Mumbai and New Delhi in the upcoming week.\n\nThough there is no official tweet from Unocoin regarding this, but many of you have seen the ATM picture circulating on the internet.\n\n\n(source: twitter)\n\n \n\n\nInauguration of the Unocoin’s Crypto ATM Machine\n\nUnocoin mentioned that crypto-to-crypto trading platform Unodax can deposit and withdraw rupees fiat currency with these ATMs. Users will have some limited limit per day for the deposit and withdrawal and with per transaction too. The minimum amount for deposit is set to initially 1,000 Rs and must be multiple of 500 Rs.\n\nUsers can Deposit and buy any coins from 30 coins listed on Unocoin crypto exchange.\n\nLocation of Crypto ATM in Delhi\n\nHow to Deposit and Withdraw Fiat Currency From Unocoin ATMs\nTo deposit fiat currency i.e INR,\n\nA user needs to enter the Unocoin user ID and the OTP which will be received as SMS in their respective mobile.\nATMs will verify and authenticate you as the real user.\nAfter, User will have the option to withdraw/deposit.\nTo withdraw INR, a user has to make a request by visiting Unocoin.com or through App, where they can specify an amount for the withdrawal. Then a 12- Digit reference number from Unocoin will be sent to the user to enter to ATM along with OTP.\n\nTo Deposit INR, a user will simply cash in fiat notes of 500 into the machine after the verification of the account and then the user will get INR into their respective account.\n\nAfter the successful transaction, the user’s account will be updated and funds will be credit/debit from both Unocoin and Unodax.",
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      "body": "When derivatives exchanges CBOE and CME launched the first regulated U.S. bitcoin futures contracts, many cryptocurrency bulls thought that this event would lead to a wave of institutional investment and propel the market toward even greater highs.\n\n![Screenshot_20181012-222121__01.jpg](https://cdn.steemitimages.com/DQmYhteKgdcpceYRfMj6DPNtv2BEcgbSeqJynZ7MACfea6r/Screenshot_20181012-222121__01.jpg)\n\nJust days later, the yearlong bitcoin price rally stalled, and the flagship cryptocurrency — followed soon after by the wider market — entered a decline that has continued throughout 2018.\n\nAccording to researchers at the San Francisco branch of the Federal Reserve, the bitcoin futures launch triggered the decline, as it provided institutional investors with their first real opportunity to short the bitcoin price.\n\n\n![Screenshot_20181012-222445__01.jpg](https://cdn.steemitimages.com/DQmacN5iH1VagQGAtR6gHo5UR5bvxQLqGEVUmjobBnyD3Ar/Screenshot_20181012-222445__01.jpg)\n\nAlluding to this research in an interview with Fox Business’s Maria Bartiromo, CFTC Chairman J. Christopher Giancarlo credited the futures launch — and the CFTC’s “do no harm” strategy in allowing those products to begin trading in the face of criticism — with helping pop the bitcoin price bubble and bring the market back to what some would characterize as a more sustainable level.\n\nHe said on Friday:\n\n“According to the San Francisco Fed, it was the bitcoin futures emergence that actually sapped the bitcoin bubble that emerged at the end of 2017, and we have seen bitcoin, perhaps in some people’s view, achieve a more sustainable level than it was during the bubble period last year.”\n\nGiancarlo added that, concurrently, the cryptocurrency market has been steadily growing more mature, in large part due to an increase in institutional investors engaging with this asset class. In addition to firms like Intercontinental Exchange (ICE) and TD Ameritrade backing cryptocurrency exchanges, a number of major university endowments including Yale, Harvard, and MIT have reportedly invested in cryptocurrency funds.\n\n“We’re seeing more institutional movement into this area, and I think with more institutional movement, we should see more maturization of it,” Giancarlo said, adding that there was still “a long way to go” to improve the still-nascent spot market.\n\nNevertheless, he concluded that, on the whole, cryptocurrency was on the path to becoming a mature financial instrument.\n\n“Like all things, it takes time to mature, and with the movement of more institutional investors into that space, I think we’ll see that maturization.”",
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      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttps://verifiedtopics.com/tether-usdt-exits-bitfinex-wallet/",
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      "body": "![Screenshot_20181011-165340__01.jpg](https://cdn.steemitimages.com/DQmcDbHTxKpaef27MwmHRBNaHr9St5e5VqDxRGwdPok6QWp/Screenshot_20181011-165340__01.jpg)\n\nBlockchain technology is one of the most innovative and helpful technologies that has arisen in the last ten years. Even though it is only as old as the cryptocurrency industry it came with, it is clear that this technology has many ways to integrate into other markets. Ultimately, experts believe that these simple aspects of the industry are significant enough to make a big difference in the way the world market works as well.\n\nOn a segment with CNBC, CEO and founder of United Capital Joe Duran spoke about his positive outlook on the way that the technology could spread. He discussed how the less-savvy investors can see blockchain as being an immutable log of transactions that keeps everyone accountable.\n\nShowing his confidence in the reach of blockchain, Duran added,\n\n“Blockchain itself is going to be part of every transaction that occurs in the world. It’s going to take a decade before it’s there.”\n\nInterestingly enough, anyone that has kept an eye on blockchain technology has probably already seen the impact it’s been making on other industries. IBM is easily the leader of this aggressive movement, recently launching their Food Trust project, giving every entity involved in perishable food items accountability. It tracks every product from the origin to the destination, along with the logistics that verify freshness. Some of the companies that have already signed on include Nestle, Kroger, Unilever, and Tyson Foods.\n\nWith all of these other uses for blockchain technology, Duran doesn’t believe that cryptocurrency will have the same success. The digital versions of fiat currencies from banks and financial institutions may be the future of these online assets, which means cryptocurrency would be unnecessary.\n\nDuran noted,\n\n“There will be a U.S. dollar crypto; there will be a Chinese yuan crypto. It will just be exactly what we know today, but in a digital version that gives governments the ability to oversee where the money is going.”\n\nEven with the new digital option, Duran doesn’t believe that it will be used for investment. Instead, it will act as a utility that can make purchases and pay bills. However, the big question will be whether citizens prefer decentralized digital currencies to the ones made from state-backed currency. Venezuela took an approach similar to this, though citizens ultimately have chosen to use private cryptocurrencies for their transactions, rather than the state-issued cryptocurrency.\n\nThe industry, in its present state, leaves much to be wondered about cryptocurrency. However, Duran has expressed how excited he is to see the blockchain technology industry unfold into it’s full potential.\n\nOn this note, he commented,\n\n“It’s unimaginable just how broad the impact is going to be to our lives, but there is no doubt in my mind that 10 years from now, blockchain will be as big as the internet is in our lives.",
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      "body": "To the moon",
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      "author": "up2date",
      "body": "Overnight, 100 million USDT exited circulation, while the Bitfinex hot wallet sent out millions of USDT to unidentified addresses.\n\n![IMG_20181011_163555_549.jpg](https://cdn.steemitimages.com/DQmXM9tMFD6mygdJ9jCMRVLqwjMRJJtKbs8UgfAGQzVJBL4/IMG_20181011_163555_549.jpg)\n\nThe curious movements of Tether (USDT) throughout wallets is raising more red flags, especially after more than 110 million USDT exited Bitfinex overnight. Bitfinex had become the second-richest USDT wallet, with more than 259 million USDT. But as of October 10, the exchange saw its chief USDT wallet shrink to 143 million USDT.\n\nNow, the Tether Treasury is the second-biggest wallet after Binance, with more than 286 million USDT. \n\nAt the same time, selling of USDT remains active on Kraken, as an indicator of attempts to move out into fiat. USDT sank toward $0.98 in about an hour, at around 13:30 UTC on Wednesday. The Kraken price is seen as a soft indicator of the trust in the Tether dollar-pegged coin.\n\nThe mysterious movements of USDT come after allegations of the insolvency of Bitfinex, which the exchange denied. Additionally, there is uncertainty about which bank is servicing Bitfinex, as HSBC has cautiously taken on the exchange as a partner.\n\nUSDT tokens have seen movements before, and it is possible the transactions are used to send tokens to other exchanges. However, the continued emptying of the Bitfinex Bitcoin wallet that is also happening at a faster pace is pointing to a reaction on fears of the exchange’s stability. The fears may be ungrounded, but the movement of coins and tokens continues, at least for now. Critics believe there are attempts to cash out to other exchanges:\n\n\nYou're all going to find out how much of that \"Bitfinex Liquidity\" is simply spoof orders and/or fake money. pic.twitter.com/eQYMtK1SYT\n\n— Bitfinex'ed 🐧 (@Bitfinexed) October 10, 2018\nThe shift to other exchanges is supported by the active inflows into the Huobi wallet.\n\nShifts in USDT rich list rankings have been observed before, and have not led to any catastrophic events. However, as balances have grown significantly in the past year, the influence of USDT has grown immensely. USDT habitually takes up 20% of all crypto trading volumes, and any movement or anomaly may be an indicator of things to come.\n\nBitcoin’s market price once again hovers near the $6,500 level. Despite the active influence of USDT, the price is not seeing much upward bidding. BTC traded at $6567.42 as of 13:00 UTC.\n\n\n\nRead more: https://cryptovest.com/news/tether-usdt-exits-bitfinex-wallet/",
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      "body": "![Screenshot_20181009-070322__01.jpg](https://cdn.steemitimages.com/DQmZJessdYFvMXybg4xEqfaoBoDHk2LkGcQBt3RjkjGM7iZ/Screenshot_20181009-070322__01.jpg)\n\nMetamask is amongst one of the promising ethererum wallets in the market, with the capability of saving your own private key, its one of my favourite ethereum wallet than others.\n\nBut as the number of user growing rapidly for the usage of Dapps so as the demand for the crypto wallets. Metamask is one of the first choice for interaction Dapps. But sadly metamask don’t have their Android/ iOS application. Users can’t use metamask on their phone officially  — they need a pc with a browser like Chrome or Firefox to run the extension.\n\nThough you can run metamask on Firefox app on android which allows running extensions within phone’s browse — Tutorial: How To Use MetaMask Wallet On Phone?\nThough this trick only works on Android and not on iOS currently due to non-supportiveness. \n\nIts worth mentioning that Ethereum is one of the leading platforms to provide the Dapps on Blockchain. The problem right now regarding Dapp’s interaction is that metamask wallet is one of the first choices for interaction with the Smart contract. The easy to use UI and reliability make it worth using.\n\nWe might fortunately see this wallet’s app version in the future going live in the app store as per the demand of its loyal customers raise. The other solution for this problem is you can use another app on your phone which can interact with Dapps easily.\n\nBest Alternative For MetaMask Wallet on Android / iOS\n\n![Screenshot_20181009-070348__01.jpg](https://cdn.steemitimages.com/DQmSpGN5b7BWxZgpKSZ154Ld7JdcydAnfiqFBbnQKciYdE1/Screenshot_20181009-070348__01.jpg)\n\nCipher browser is both reliable, secure and widely use Wallet Browser which can be used as to interact with Dapps on ethereum.\n\nThis browser is supportive on both Android/iOS and is famous amongst the users who plays the famous Dapp game ‘Cryptokitties\n\n![Screenshot_20181009-070355__01.jpg](https://cdn.steemitimages.com/DQmVGRiZCM3NhjHB5o5vgPaSHYvhPgFBfVGdS6hzjohUdQM/Screenshot_20181009-070355__01.jpg)\n\nThis wallet browser is provided by the famous crypto exchange “Coinbase”.\n\nToshi allows All your digital assets in one place, let you use Decentralized Apps, let you save your friend’s wallet so you Pay friends -not addresses. You can manage your all your ERC tokens in a simple user-friendly UI within the application.\n\nThe Browser is supportive on both Android and iOS.\n\n![Screenshot_20181009-071110__01.jpg](https://cdn.steemitimages.com/DQmSbrK9KAoB6DPrjbECGnBF31cY8LeNuENe75SBkyMKSbE/Screenshot_20181009-071110__01.jpg)\n\n—The Wallet is an Open source and is being connected with all Decentralized Network.\n—Browser is available on both Android and iOS platforms\n\n![Screenshot_20181009-071212__01.jpg](https://cdn.steemitimages.com/DQmVKsnpmQtx7kGKNaU6Vb1LiPgvdw1Lc5eBQfwvWCYBJfz/Screenshot_20181009-071212__01.jpg)\n\nYou can:\n— Send, Receive, Store Ether.\n— Browse Decentralized Apps\n— Buy and Sell Ether Locally\n\nThe Browser is currently in the unreleased version and soon will be releasing on both Android and iOS.\n\nYou might like Reading",
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      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttps://ethereumworldnews.com/zrxs-performance-due-to-coinbase-suggests-ada-bat-zec-and-xlm-should-be-on-your-radar/",
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      "body": "Just yesterday, Ox (ZRX) surged by approximately 16% due to users spotting the addition of a ZRX wallet and the corresponding tax gain/loss calculator for the coin on the platform. At the time of the observation, no official announcement had been made by Coinbase to confirm that they had finalized the process of listing ZRX. Many have speculated that it was a mistake on their end.\n\nThe exchange had earlier on in mid July made an announcement that they were exploring the possibility of listing 5 new digital assets on the platform: Ox (ZRX), Cardano (ADA), Basic Attention Token (BAT), Stellar (XLM) and ZCash (ZEC).\n\n![Coinbase-1.jpg](https://cdn.steemitimages.com/DQmeDYZF4yxVbWdaCPQ3ppj4QaQE8hVJgm68iHJHPF6DoRB/Coinbase-1.jpg)\n\nSimilar Pattern Seen with XRP, Bitcoin Cash (BCH) and Ethereum Classic (ETC)\nLooking back in time as to how coins have performed once Coinbase showed interest in any digital asset, we find 3 other cases to confirm that the exchange does have the ability to excite traders whenever it sets its eyes on a coin for listing.\n\nIn January, we saw XRP reach astronomical heights of $3.82 due to rumors that the exchange was finalizing the process of listing the digital asset. However, the plan fell through due to what many thought was SEC scrutiny around XRP and the fact that the Ripple company was facing multiple lawsuits claiming the firm issued an unregistered securities offering.\n\nBefore the XRP event on Coinbase, we witnessed Bitcoin Cash (BCH) rising to $4,000 once it was listed on the 20th of December. Coinbase soon halted trading due to the sudden increment in price and would later be accused of insider trading. These accusations have since been dropped.\n\nEthereum Classic (ETC) would also experience gains when Coinbase finalized plans to list the digital asset back in August.\n\nZRX Managed to Gain, Therefore ADA, BAT, ZEC and XLM Should Be On Your Radar\nAs earlier mentioned ZRX was not the only digital asset Coinbase announced that it was considering for addition on the exchange. There was also Cardano, Basic Attention Token, ZCash and Stellar.\n\nJudging by the past performances of XRP, BCH, ETC and now ZRX, it is safe to conclude that the Coinbase effect will also apply to the other 4 digital assets that are scheduled for listing on the platform. Any wise trader has already accumulated his stash of these 4 coins and is looking forward for the gains that will be witnessed once they are listed officially, or unofficially as is the case of ZRX.\n\nHowever, we are also reminded that the rise in value of these coins due to Coinbase is usually short lived. What then the trader probably has, is a strategy to sell at a profit before it all comes crashing down like a row of dominoes.\n\nWhat are your thoughts of the possibility of these coins gaining in the markets due to Coinbase? Do you have a strategy for the events? Please let us know in the comment section below. \n\nDisclaimer: This article is not meant to give financial advice. Any opinion herein is purely the author’s and does not represent the opinion of Ethereum World News or any of its other writers. Please carry out your own research before investing in any of the numerous cryptocurrencies available. Thank you.",
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      "author": "cheetah",
      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttps://cointelegraph.com/news/from-encrypted-messaging-to-critical-fire-systems-blockchain-for-security-sector",
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      "body": "Blockchain-based systems’ decentralized nature makes for their formidable resiliency to the outsiders’ attempts to infiltrate or take down such networks. Governments, law enforcement agencies and even military leadership around the world seem to be embracing a more blockchain-friendly way of thinking as they realize that the power of distributed ledger technology (DLT) could be harnessed to advance their goals in numerous ways. This generates increased demand for security-enhancing solutions, which pushes the private sector to come up with such products at an ever-increasing pace.\n\n![Screenshot_20181008-133138__01.jpg](https://cdn.steemitimages.com/DQmVAEtFZdyniVy3nNF4p4N9G89Y19rpvMb5KpF2yNQKL89/Screenshot_20181008-133138__01.jpg)\n\nThe latest use case – Israel’s securities regulator introducing a blockchain-powered messaging system in order to ensure authenticity of its communications – is an instance of a prevalent, yet not exclusive, area of the technology’s security application: data protection.\n\nCybersecurity\nEnsuring data security and integrity is blockchain’s natural and widely recognized forte. The need to keep critical data safe and provably unaltered is even more pronounced in areas such as law enforcement and defense, where the consequences of failing to protect data might be especially dreadful. In recent years, governments have been peeking into the blockchain space en masse, so the examples of both potential and already operational implementation are abundant.\n\nIn May 2016, NATO’s Communications and Information Agency first invited proposals on blockchain applications in areas such as military logistics and procurement as a part of its Innovation Challenge initiative. Around the same time, The US Defense Advanced Research Projects Agency (DARPA), the very organization that we should thank for creating the internet, announced that it was accepting bids from contractors who would ‘create a secure messaging and transaction platform that separates the message creation, from the transfer (transport) and reception of the message using a decentralized messaging backbone to allow anyone anywhere the ability to send a secure message or conduct other transactions across multiple channels traceable in a decentralized ledger.’ In May 2017, the agency  awarded a grant to a firm that subscribed to create this DLT-based messaging system.\n\nAcross the Atlantic, the Defence Science and Technology Laboratory, part of the UK Ministry of Defence, has been working with a domestic consultancy firm on a project aimed at improving integrity of data produced by networked sensors. Reuters also  reported in late 2017 that the British justice ministry considered implementing a blockchain-powered solution to keep evidence tamper-proof.  \n\nAustralia's financial intelligence agency and the Australian Criminal Intelligence Commission pooled some resources last year to fund the  effort by HoustonKemp, a Singapore-based contractor, to build a blockchain system advancing the same goal – securely recording, storing, and sharing sensitive intelligence and evidence created by investigations.\n\nRussia, too, has been wasting no time, as its Ministry of Defense  designated a newly built research laboratory to explore the potential applications of blockchain technology for safeguarding critical military infrastructure from cyber attacks.\n\nTech corporations that are into the business of building blockchain applications do not just stand on the sidelines waiting for governmental agencies’ bid issuances. A few days ago, news broke that IBM registered a patent for a network security solution that relies on a distributed network of monitors to track breaches in systems’ defenses. This design will be especially effective against sophisticated attacks that cover up their own tracks. Even if one monitor is hacked, others will spot irregularities in system logs as they diverge from a previously blockchain-recorded consensus.\n\nAnother product specifically aimed at law enforcement and related organizations, called the Blockchain Evidence Locker, hit the market in September. A creation from Canadian firm Leonovus, the product is designed to maintain a detailed, cryptographically secured chain of custody record for the growing body of digital evidence that security agencies store. Overall, it won’t be surprising if within a decade maintaining a distributed and encrypted database of evidence will become a standard for law enforcement in the developed world.\n\nTransaction tracking\nAnother common and well-documented application of blockchain technology for security and law enforcement purposes manifests in a wide range of tools that permit tracking suspicious or illegal financial activity, with the ultimate goal of matching pseudonymous crypto addresses with perpetrators of real crime. In this domain, police and intelligence agencies often operate in collaboration with private companies that build and maintain relevant software tools, or even completely outsource investigative work to them.\n\nOne of the notable features of this sector is a ‘ blockchain detective’ firm Chainalysis, whose software has been instrumental in multiple investigations led by the US Department of Justice and other prominent agencies. Chainalysis has recently raised millions of dollars to expand its operations from a single Bitcoin blockchain that it previously scrutinized to a much wider array of cryptocurrencies.\n\nLondon-based Elliptic, which often secures a mention next to Chainalysis as its closest competitor, has created tools that allow crypto exchanges or other interested parties to red-flag transactions that raise suspicions of being linked to illicit activities. Elliptic’s solutions are specifically focused on stopping criminals at the choke point where they attempt to cash out the shady money.\n\nThis year also saw San Francisco-based Bitfury group, an entity that started as bitcoin miner but moved on to become a provider of a wider set of crypto-related products and services,  launch its blockchain-tracking software called Crystal. The product offers an in-depth look into any transaction on the Bitcoin blockchain, which involves advanced mapping and grouping tools, as well as a quantified assessment of the odds that a given transaction is illegal.\n\nAs the widespread perception of a robust link that exists between cryptocurrency and cybercrime taints the whole industry, many crypto ventures are eager to prove the stereotype inaccurate. This push resulted in creation of Blockchain Alliance, a coalition of companies whose mission is to ‘provide a forum for open dialogue between industry and law enforcement and regulatory agencies’ while combating crimes that use public blockchain infrastructure. Along with providing software tools that have already been deployed by agencies such as Europol and the US Department of Homeland Security in some high-profile investigations, Blockchain Alliance emphasizes the need to educate law enforcement on the technology underlying cybercrimes and the most efficient ways to deal with it.\n\nMilitary applications\nGranted, innovation-minded generals and military technology experts have been long eyeing applications of blockchain such as military logistics, cyber defense, and resilient communications. Yet some even more exciting uses might be on the horizon, as the technology’s potential extends into command and control systems, and even further – onto the battlefield.\n\nFor example, in October 2016, DARPA spent some $1.8 million to pay a software company named Galois for their Blockchain application Guardtime Keyless Signature Infrastructure – basically, an unhackable code that could be deployed to enhance security in critical weapon systems. Using a mathematical technique called formal verification, the program will ensure that the system is used as intended, and no malicious code is planted within.\n\nPairing blockchain with artificial intelligence and military ‘Internet of Things' (IoT) could be the future of combat tactics, shifting from the centuries-old paradigm of centralized in-battle control to decentralized, at least at the unit level. Imagine a  swarm of armed drones that continuously share combat data and decisions in a decentralized manner, operating as a unified organism that is not beholden to a single decision-making center and is capable of sustaining any casualties without losing operational capacity.\n\nAnother field ripe for decentralization of command is complex fire systems, such as those found on modern battleships. For the last five decades, NATO navies’ vessels have relied on a centralized system of weapons control called Aegis Combat System – an ingenious yet centralized brain that collects data from dozens of sensors and coordinates fire from several types of deadly weapons simultaneously. Despite its age, it still works well, but the centralized character makes it vulnerable if the decision-making center gets taken out. A set of autonomous systems that coordinate via a blockchain could present a more viable design, retaining advantages of coordination but eliminating vulnerabilities inherent to central control.",
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      "author": "up2date",
      "body": "![1538952974127.jpg](https://cdn.steemitimages.com/DQmYoM5zN4VDifkuFVYDvmxqDoem1bPtFxj9sG1wvPGFUgF/1538952974127.jpg)\n\nThe blockchain technology is set to be deployed for the development of a “smart port” in the city of Valencia, Spain. The announcement was made on October 3, 2018, during the Smart Ports & Supply Chain Technologies conference held in the Dutch city of Rotterdam.\n\nEnd-to-end Transparency in Logistics Chain\nJose Garcia De La Guia, head of emerging technologies at the port of Valencia, has been given the responsibility for the implementation of the DLT in the logistics to leverage the end to end cycle of the movement of goods at the seaport.\n\nGuia highlighted the benefits that the distributed ledger technology (DLT) brings to the logistics – including reduced use of paper, less time spent on maintenance and subsequently reducing the overall costs.\n\nHe also stated that the technology would be used in many international ports in the future.\n\nHe said:\n\n“Starting from Valencia, we offer to use blockchain as a strategic option to provide transparency of logistic chain, from end to end, going further than our port itself. That means we’re planning to apply cloud technologies not only with our partners from Port Community Systems but also with all others.”\n\nNotably, Valencia is the second-busiest port in the Mediterranean by volume – only behind the port of Algeciras.\n\nHosted by the city of Rotterdam, the Smart Ports & Supply Chain Technologies conference witnessed participation from the representatives of the port of Valencia, Antwerp (Belgium), and Algeciras (Spain). Blockchain Labs for Open Collaboration, a company based out of Denmark also joined the event.\n\nGame Changer for Logistics and Supply Chain\nBlockchain technology’s unique benefits make it an ideal fit for the logistics and supply chain industry.\n\nThe DLT’s immutability and transparency ensure a seamless supply chain and make it easier for the involved parties to track the goods being shipped at every stage.\n\nBTCManager reported on September 27, 2017, about the launch of BlockLab, a joint initiative undertaken by The Municipality of Rotterdam and the Port of Rotterdam Authority in the Netherlands.\n\nThe DLT research lab aims to explore the technology’s potential inefficient energy transition, processing of cargo flows, port logistics, stock financing, and the settlement of transactions without the necessity of intermediaries.\n\nThe revolutionizing 21st-century technology’s malleability also makes it an ideal platform for the supply chain management. As previously reported by BTCManager, a New Zealand start-up raised $1.2 million in funding to use the DLT in the supply chain of garments industry.",
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      "author": "up2date",
      "body": "![Screenshot_20181007-230711__01.jpg](https://cdn.steemitimages.com/DQmTucjTWzoJw8xB4c4qnAYBs22XueaQJoYP37MGaA6NVDJ/Screenshot_20181007-230711__01.jpg)\n\nVenezuelans can only use the state-backed cryptocurrency, the Petro, to pay for passport fees starting next week, the country’s vice president Delcy Rodriguez said in a press conference Friday, Oct. 5.\n\nAhead of Petro’s official “launch” in November, Rodriguez confirmed that as of Monday, Oct. 8, fees for all passport applications will only be payable in Petro, and will cost an increased amount: 2 petros for a new passport and 1 petro for an extension.\n\nThe average monthly minimum wage in Venezuela, Bloomberg reports, is four times less than the cost of the raised passport fee.  \n\n“In the case of Venezuelans who are abroad, until the first day of November the cost will be $200 for issuance and $100 for extensions,” Rodriguez stated, according to leading Latin American newspaper El Universal.\n\nVenezuela has sought to combat the side-effects of rampant inflation and a failing economy by embracing the use of cryptocurrency to circumvent capital controls.\n\nAs Cointelegraph reported, Petro, President Nicolas Maduro’s purported solution to the country’s economic crisis, has consistently courted controversy, with accusations last week claiming its developers copied the whitepaper of altcoin Dash.\n\nAlong with the passport fees shake-up, Rodriguez also announced the formation of a dedicated migration police force, ostensibly designed “to preserve citizen security and migratory control.”\n\nBloomberg notes that around 5,000 citizens flee Venezuela each day.",
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      "author": "cheetah",
      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttps://cointelegraph.com/news/bitcoin-altcoin-prices-shun-volatility-amid-multi-year-trade-volume-lows",
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