Tux Pacific isnt your average tech founder. Theyre a self-taught cryptographer who dropped out of college, a proud member of and advocate for the transgender community and a self-described anti-capitalist anarchist who believes in free-market principles deeply rooted in the early days of crypto, when Bitcoin reigned supreme and banks had no interest in the sector.

Pacifics radically different background in comparison to other entrepreneurs is precisely what informs their unique way of thinking, they told TechCrunch in an interview. Pacific founded and serves as CEO of Entropy, a decentralized crypto custodian that says it has raised $25 million for its seed round led by Andreessen Horowitz alongside Coinbase Ventures, Robot Ventures, Dragonfly Capital, Ethereal Ventures, Variant and Inflection. Prominent angel investors from the tech community, including Naval Ravikant, Sabrina Hahn and James Prestwich, also participated in the round, according to Entropy. This latest round follows the companys $1.95 million pre-seed raise in January.

The Brooklyn, New York-based startup is aiming to disrupt the way digital assets are held through its decentralized self-custody solution, according to Pacific. Before founding Entropy last year, Pacific worked at cryptography network NuCypher while living in Berlin, Germany, where they learned advanced cryptographic techniques.

In the status quo, large crypto custodians like Fireblocks, Coinbase and Anchorage Digital that hold assets for crypto users are fundamentally centralized and function in a similar way to banks. In some cases, holding users private keys in a central location has left these custodians vulnerable to hacks, and their users cant always interact with their funds at their will.

Weve heard a number of stories that were always like, weve used people like Coinbase, or weve used like all these other custody solutions. They call them up, and theyre like, hey we need to move funds. And [the custodian responds], oh, sorry, we have to wait to get a person to do that, Pacific said. They recounted one anecdote theyd heard about a fund that was poised to lose several billion dollars in an OTC transfer because their point of contact at the custodial firm was on vacation.

Entropy, in contrast, leverages cryptographic techniques based on multiparty computation to give users a way to deposit and use cryptocurrencies across any blockchain, at any time, Pacific explained. Using Entropys protocol, users can implement their own rules for interacting with the funds, such as time-gated constraints a particularly useful feature for groups like DAOs that are trying to make decisions around a collectively determined set of rules, Pacific said.

Pacific describes Entropys solution as comparable to Google Authenticator in that it doesnt provide its own wallet or user-facing products it simply handles the process of signing their data cryptographically. Other groups, including companies and DAOs, can then use Entropy to deposit user funds for safekeeping but arent beholden to a centralized custodians constraints.

Most cryptographers start with a protocol, and then envision a user experience that fits around it, Pacific said. In the case of Entropy, Pacific conceived of the idea by reversing that process thinking about what the ideal custody experience would look like for a crypto user, and then designing the Entropy protocol to fit that.

Im approaching the problem so differently from a lot of other people There are competitors who are just building wallets and just trying to fit their cryptographic protocols that theyve come up with to do this thing. [My perspective is that] all the other people who built these cryptographic protocols before me, theres nothing super novel about them. Im just going to compose it radically different than they are and just make it super user-friendly, Pacific said.

Pacific also attributes Entropys edge to their own willingness to deviate from the traditional business model for custodians, wherein users pay them a fee to safekeep funds and to work toward finding a model that can generate revenue not just for the custodian but also for the protocol itself, as well as crypto users. They readily admit Entropys team of nine people hasnt worked out the details of that model just yet, but the companys venture backers dont seem to mind.

When we started raising money, one of the biggest things I started telling people is that we dont have a business model, Pacific said. They are, as is typical of early-stage startups, focusing on building a great product before thinking through monetization, Pacific said.

Entropy is also going after a different audience than typical custodians might, Pacific added.

This isnt like some enterprise blockchain like Qredo, Pacific said of the other decentralized digital asset custodian, which, unlike Entropy, provides users with a wallet. Were building a product thats uniquely for crypto-native people and decentralized institutions. We dont expect JPMorgan to use us, Pacific said.

Entropys focus on serving individual, crypto-native users in some ways comes from Pacifics personal connection to the crypto community. While they said they have faced some pushback for being a trans founder, for the most part, theyve found crypto to be an unusually supportive environment.

In fact, Ive never felt Ive been in a space where its been more acceptable for people to be so different. If you go to a [crypto] conference, its just filled with weird, weird people, Pacific said.

Pacific is used to forging their own path, they said, recounting how they didnt have any role models they could relate to growing up. Today, there is still almost no research on LGBTQ+ founders and how theyre funded, though VC firm Backstage Capital estimates they receive less than 1% of venture dollars overall.

Being able to see trans entrepreneurs would have been such a huge thing for me as a kid, especially trans people who are entrepreneurs who hold similar political values, Pacific said.

More:
Meet the trans, anarchist founder who just landed $25M to reform how crypto is stored - TechCrunch

Passwords stink as a security system. Humans are flat out terrible at creating long, unique, secure passwords. Most of us reuse the same short strings of meaningful information again and againand even secure passwords arent very good. Social engineering attacks like phishing can con people into giving up even the longest of passwords, or they can be leaked if an entire unencrypted database gets hacked. This is a big problem for tech companies who are on the hook for keeping your data safe, not to mention the individuals themselves who suffer a privacy breach. So, Apple, Microsoft, Google, and the other companies in the FIDO Alliance have set out to develop a better solution called passkeys.

At its Worldwide Developers Conference (WWDC) this week, Apple announced its implementation of the newly agreed upon passkey standards. It will roll out with iOS 16 and macOS Ventura, so its the first real-world look weve had at the long-promised password-less future (the FIDO Alliance, which is an industry group dedicated to solving the Worlds password problem, has been working on this for a decade).

In the WWDC keynote, Apples vice president of internet technologies, Darin Adler, called passkeys a next generation credential thats more secure, easier to use, and aims to replace passwords for good. Thats actually a pretty good summaryand doesnt even oversell it.

So how will they work? Passkeys are built on the WebAuthentication, or WebAuthn, standard. It uses a cryptographic principle called public-key cryptography to secure your accounts. Its the same idea thats used for end-to-end encryption in iMessage, Signal, and other secure communications apps. Instead of creating a password for an account, your device will create a unique pair of mathematically related keys: a public key and a private key. The public key is stored on the server (because, as the name suggests, its not a secret) and will allow the website or app to verify your accountas long as you have the matching private key. The trick is that because of how the math works, the private key never needs to get shared with the server. Your device can do all the authentication without ever revealing it. Its neat tech, and it has serious security implementations.

Although passkeys might sound complicated (and the underlying cryptography is indeed complex), in practice, they will make signing up for new accounts even simpler. You will just use Touch ID or Face ID, and your iPhone, iPad, or Mac will do the rest. You dont have to come up with a long password, add in a few $s and &s, and then try to remember it. You wont even see your public or private keys. Its all done in the background, which takes the squishy, unreliable human element out of things.

Also, passkeys cant be phished. Your public key for any given site isnt privileged information. All that matters is the private key, which never leaves your device. A fake website designed to impersonate your bank, Ebay, or some other account cant trick you into giving it up. It can set up a login prompt, but it just wont do anything.

Apples implementation of passkeysat least in the supporting docs and WWDC talksounds solid. They will be synced between your devices using iCloud Keychain (which is end-to-end encrypted itself). Even Apple wont have access to your private keys.

The system has been designed so that your logins are safe, even if your Apple ID is compromised, you lose all your devices, or a rogue Apple employee tries to hack the iCloud Keychain servers. It requires you to use two-factor authentication with your Apple ID, which makes it much harder for an attacker, even one with your iCloud password, to set things up on a new device. Theres also a system called iCloud Keychain escrow that handles restoring your passwords if you lose your devices. Its resistant to brute force attacks even by Apple.

While were still waiting to see how Microsoft, Google, and the other big tech companies roll out passkeys, they have all pledged to make them interoperable across as many different devices as possible. We got a hint of that in the WWDC announcement when Adler demonstrated using an iPhone to login to a website by scanning a QR code. This would allow you to do things like check your email on a friends computer or print something in a hotel without a password.

In short, this looks to be as secure a system as can reasonably be designed. There are always going to be attack vectors, and dedicated hackers targeting specific individuals may find and use them, but for regular people this system should solve three of the biggest problems: weak passwords, leaked passwords, and phishing.

Watch the relevant bit of WWDC, below:

Original post:
Apples passkeys could be better than passwords. Heres how theyll work. - Popular Science

Prove launches new Trust Score attribute in the UK centered on scam mitigation

NEW YORK(BUSINESS WIRE)Prove Identity, Inc. (Prove), the leader in digital identity, today announced that it is partnering with financial organisations and mobile carriers to use cryptographic authentication to fight authorised push payment (APP) fraud and scams in the UK. Proves Trust Score helps banks fight APP scams by determining potential fraudulent behavior during high-risk transactions using telecommunications signals.

APP fraud occurs when fraudsters trick consumers or businesses into sending payments under false pretenses to a bank account controlled by the criminal. Bad actors typically do this through phone, email, or text message, and once the consumer has authorised the payment themselves, they have no legal protection to recover the losses. Between July 2019 and the end of June 2021, 854m was lost across 306,573 cases of APP fraud, and only 42% of losses were returned to consumers.

APP scams are among a newer set of scams that rely on socially engineering humans to authorise transactions. These scams are even more detrimental since the transactions are initiated by the consumers themselves, so its imperative that we have an understanding of what constitutes unusual activity, while delivering services to legitimate consumers securely and with little friction, said Keiron Dalton, UK and EU Vice President at Prove. We are excited to be a key element of a hugely collaborative ecosystem containing both major mobile operators and financial associations, as we deliver cryptographic authentication technology to help mitigate fraud, and protect consumers from being scammed of their hard-earned savings.

Proves cryptographic authentication allows relying parties (financial institutions, companies, and governments) to trust that the data asserted by users during authentication and verification events is actually true, by leveraging cryptography as the source-of-truth.

Following the successful launch of Mobile Auth, where Prove created a method of authentication that removed the opportunity for fraudsters to compromise SMS one time passcodes via social engineering, the company is now the first to provide connectivity for scam signals with two major UK mobile operators.

Proves approach has always been one of collaboration and tangible data science to measure outcomes. Proves Mobile Auth deployments have yielded dramatic fraud cost reduction for major UK banks. With its scam signal involvement, Prove is again providing real time insight alongside high risk transactions to determine potential activity suggesting social engineering is taking place. The results are proving to be powerful as the capability matures.

Prove is the first company to provide access to APP specific cryptographic authentication solutions via two major mobile operators. For more information about the partnership or Proves cryptographic authentication technology, visit prove.com.

About Prove Identity, Inc. (Prove)

As the world moves to a mobile-first economy, businesses need to modernize how they acquire, engage with and enable consumers. Proves phone-centric identity tokenization and passive cryptographic authentication solutions reduce friction, enhance security and privacy across all digital channels, and accelerate revenues while reducing operating expenses and fraud losses. Over 1,000 enterprise customers use Proves platform to process 20 billion customer requests annually across industries, including banking, lending, healthcare, gaming, crypto, e-commerce, marketplaces, and payments. For the latest updates from Prove, follow us on LinkedIn.

Contacts

PR Contact:pr@prove.com

See the article here:
Prove Partners with Financial Organisations and Mobile Carriers in the United Kingdom to Fight Scams Such as Authorised Push Payment Fraud - -...

An Interview with Decentralized Zero Knowledges Rami Akeela, CEO and Weikeng Chen, CTO of DZK

First proposed in a 1985 paper, Zero-knowledge proof (ZKP) methodologies have long been applied in the fields of mathematics, cybersecurity, commercial transactions, and cryptography. Now, blockchain technology is taking a keen interest in ZKP protocols, which may add yet another layer of technological advancement to blockchains evolution. At the center of this particular development stands DZK, a company leveraging ZKP to create a blockchain-based proof platform. DZK is two very bright men: Rami Akeela and Weikeng Chen, both Ph.D. holders with deep expertise in the blockchain space. Blockleaders recently spent an evening chatting to both, to learn more about their work, and why it matters.

At the center of this particular development stands DZK, a company leveraging ZKP to create a blockchain-based proof platform.

DZK is two very bright men: Rami Akeela and Weikeng Chen, both Ph.D. holders with deep expertise in the blockchain space. Blockleaders recently spent an evening chatting to both, to learn more about their work, and why it matters.

This is our conversation:

What prompted you to start DZK?

Weikeng: We built this company because, in recent years, ZKP technology hasnt seen a lot of adoption, particularly in the blockchain area. A big issue with ZKP is that, although the technology is very powerful, it can consume a lot of computation resources. If there are not enough computation resources, then ZKP is basically not practical. Now, we feel we can use hardware and hardware-friendly algorithms to make ZKP practical for the real world. This is what DZK is all about.

Rami: Continuing with this idea, Weikeng is the cryptographer, and Im the hardware engineer. Were applying the lessons that we learned by working in previous industries, including IoT, communication -and more recently, Machine Learning-, and we can actually see the same patterns. To make anything practical, we need to look at the underlying platforms, which include hardware and software. This is what motivates us. We saw what happened before, and we can now see whats going to happen in this industry (blockchain). We decided to start DZK to address these issues.

Lets talk a bit about your backgrounds.

Rami: Im a hardware guy. Ive basically been doing hardware design andengineering for most of my professional life.

I worked on logic level, architecture level, and digital level. I got my Ph.D. from Santa Clara University, and the topic was actually field-programmable gate array (FPGA) acceleration of multiple applications. One of them was ZKP algorithms. So Ive worked in several companies doing hardware design, and about three years ago, I was introduced to blockchain and crypto by someone who was interested in my work. So I started exploring this field, back in 2019, working on FPGA acceleration applied to blockchain. Some basic algorithms, and soon after I started looking at ZKP. I created a start-up on my own to work on this, but then the pandemic happened, so everything sort of stopped.

But Im still committed to this field, I feel theres a lot to be done, and thats why Im currently working on blockchain.

Weikeng: I recently graduated from UC Berkeley with a PhD in computer science. During my time in graduate school, I focused on cryptography, mostly building practical systems for zero-knowledge proof and secure multi-party computation. To make these systems practical, I need cryptography to run fast, so I have always been interested in hardwareacceleration.

My background is mostly using cryptography to build this system, and now is the time for me to look at the hardware side to build this working platform with real-world usability.

Just as a personal curiosity, how did you two meet?

Weikeng: We actually met in Palo Alto, California. I was introduced by someone in the blockchain industry that Rami is doing some very cool stuff about zero-knowledge proofs.

Where do you see the future of blockchain?

Weikeng: My feeling about blockchain is that the technology will likely go in different directions. Firstly, privacy. People are starting to do a lot of financial transactions and playing with NFTs on blockchain, and they are looking for privacy.

Another one is scalability, because there are a lot of applications running on blockchain, the decentralization nature of the system limits its throughput. This is what we want to solve.

I would add that interoperability is another important topic todaydifferent blockchain ecosystems interacting with each other as if they were the same blockchain.

So I see blockchain developing in these three strands. And I think that all three aspects confluence in ZK: privacy, scalability, and interoperability. ZK enables proving things without disclosing secret information, thats privacy. It allows blockchain to verify whether something has been processed correctly, without needing all the validators to check it all, thats for scalability. And lately, we have started to see the needs for one blockchain to interact with many other chains. ZK can also be applied here, to this interoperability.

Rami: I think large corporations are beginning to realize that ZKP is something they can incorporate into their existing platforms and services, because of the unique position of ZKP and blockchain technology. And to capture this interest, and the wave of applications that are coming, one needs to think about how to address issues that will definitely be surfacing soon.

I mean, blockchain is still in its infancy, really, and people got caught in the excitement of developing applications without answering some basic questions first. How will the app play out in terms of processing speed or cost, for example. I think the industry will do well once those foundational questions are addressed. We firmly believe that blockchain and ZKP have a very, very interesting future. We just need to take care of the basics before we move forward. Otherwise, well get stuck at some point. If we try scaling too fast well hit the wall.

Weikeng: Thats a very good point. Actually, for all these directions, privacy, scalability, and interoperability, the problem has always been about computation. Some people might want to use ZKP to generate proof, but the proof generation is way too slow. So the actual hardware infrastructure for the blockchain is a crucial consideration to use ZKP efficiently and realistically.

DZK is collaborating with AMD-Xilinx to architect the field-programmable gate array (FPGA) division in the upcoming ZPrizecompetition. The project seeks to accelerate the Number-theoretic Transform (NTT) operations for zero-knowledge proofs. I wanted to know what this collaboration meant for DZK, both personally and professionally.

Weikeng: I think the blockchain community is starting to realize that they have a strong need to have a robust hardware infrastructure to run ZKP efficiently. The ZPrize is originally focused on CPU and GPU, so we feel it is a good time to promote awareness of FPGA. Were doing this as the next stage of blockchain acceleration. Basically, we want to use this opportunity to push the industry forward.

Rami: AMD is very passionate about this concept too. They believe that ZKP will be the killer app for FPGAs, for several reasons. FPGA will be vital in the processing of ZKP-based apps. The work that were doing with ZPrize, were actually the architects of the FPGA division, and, as Weikeng said, were taking this opportunity to promote awareness of FPGAs to get people to start looking into this.

We got a lot of attention and support from several top ZKP companies and investment firms, including Aleo, Polygon, and Jump Crypto. The prize pool for the NTT FPGA division is $725k, and the prize pool for MSM GPU/FPGA division is $910k. This is the biggest prize for ZKP research and development to date.

So this collaboration is an indication that the industry is a) acknowledging the need to look into this technology, because they believe that this is the next generation of blockchain technology. And b) this is the perfect environment for innovation. If we onboard not only university students, but also companies and developers, we have a great incentive. Its the perfect environment, and its good for us as a company, because it validates that the work were doing is going to be the future and the answer to all the problems we currently have in the ZKP and blockchain communities.

Weikeng: Just to add that our partnership in DZK, that is, a cryptographer and a hardware engineer, has long been needed in the industry, and the prize money in ZPrize also serves to create this sort of novel partnerships between individuals with expertise in seemingly disparate fields, but can come together to foster innovation.

As the last question, if you were to define DZKs mission in one sentence, what would that be?

Weikeng: Make the impossible possible.Rami: Well, I cant top that, really, so well go with Weikengs statement!

Just as we were wrapping up, Rami wanted to make an official announcement.

Rami: DZK has developed a set of end-to-end, FPGA-accelerated privacy algorithms. We have successfully created systems capable of efficiently generating proof built on FPGA servers. This is the first, and so far only, end-to-end FPGA accelerator system for ZKP.

Interesting revelation, and an interesting future for this enterprise.

View original post here:
Privacy, Scalability, and Interoperability are the future of Blockchain for DZK - Block Telegraph

Ever since I was a little boy taking apart transistor radios to see the magic inside, Ive been fascinated with the way things work. Or as my family and friends have sometimes more bluntly put it, Ive always been a tech geek. Now, as president of a Reserve Bank and chair of a Federal Reserve committee focused on technology, I put my interest in the subject to work each day.

Luckily for me and my fellow techies, ours is an age of remarkable innovation. From the development of personal computers, smartphones, and the Internet to the rise of gene therapies, stem cell treatments, and carbon-zero electricity, technological development has a played a part in making the world more healthy, green, convenient, and as we all know at times distracting.

We now stand at the precipice of another great technological leap: the development and deployment of quantum computing, a potentially revolutionary technology. This is an exciting time, full of opportunity but also fraught with no small amount of risk. The Federal Reserve, as the nations central bank and a regulator, has a strong interest in fostering an environment that is conducive to innovation and that safeguards our countrys financial infrastructure.

So, what is quantum computing? To begin to answer that question, it helps to think a little bit about quantum mechanics.

Quantum mechanics is a branch of theoretical physics that is, fundamentally, the study of very, very small things specifically, the behavior of matter and light at subatomic scales. These tiniest discrete units are called quantum particles.

Once you get to such a tiny scale, things behave strangely. They dont act at all like the objects we see in our day-to-day lives.

Quantum particles can, for instance, be in a state of superposition, which is not easy to get your head around. During superposition, quantum particles are simultaneously in a combination of all of their possible states. Imagine a quarter that shows both heads, tails, and every state in between, at the same time, which would definitely complicate an NFL coin toss.

And then, theres quantum entanglement. What is it? I like this description from Cal Tech: When two particles, such as a pair of photons or electrons, become entangled, they remain connected even when separated by vast distances. In the same way that a ballet or tango emerges from individual dancers, entanglement arises from the connection between particles.

No wonder Albert Einstein once described quantum entanglement as spooky action at a distance. Or, if you prefer a more scientific term than spooky, you could also say weird.

Whats so exciting is that quantum computing is making what was formerly theoretical, real.

Heres how: Quantum computing builds on the insights found in quantum mechanics to vastly expand computing power. Instead of just zeros and ones, quantum computers employ quantum principles like superposition and entanglement. Instead of bits zeros and ones quantum computers use what are called qubits. That is, they compute using zeros, ones, and everything in between simultaneously. This makes them extraordinarily powerful when it comes to performing tasks like machine learning, search, and cryptography. These are the true supercomputers of a rapidly approaching future.

Here, I think, the opportunities and risks for governments, businesses, institutions, and even individuals are clear. Whether you call it spooky, weird, or just plain exciting, there can be no doubt that quantum computing has the potential to revolutionize our world.

Imagine, for instance, quantum computers simulating the structure, properties, and behavior of molecular structures, the building blocks of pharmaceuticals. The benefits for drug development could be profound.

Or imagine financial institutions using quantum computing to more accurately calculate risk, allowing them to promote inclusion while simultaneously strengthening their balance sheets and reducing threats to the financial system.

Closer to home, deploying quantum technologies to run economic models could greatly strengthen our understanding of the economy and the way it reacts to shifts in the Feds monetary policy.

All in all, its little wonder that some of the biggest names in technology, banking, and pharmaceuticals are making heavy investments in quantum technology.

A cause for more worry is the prospect of quantum technologies falling into the wrong hands. One thing is for certain: Current methods of encryption will not stand up to quantum cryptography. Governments, corporations, and institutions are already working hard to develop quantum-safe encryption and thats a good thing. The cyber environment is already rife with threats from malevolent state actors to online bandits, and quantum technologies will only intensify them. For our part, making sure the financial system and the Federal Reserve are secure is at the top of our priority list.

You can learnmore about quantum computing in this video and take adeeper look at some of thechallenges posed by quantum computing inthis paper from the Global Risk Institute.

Read the original here:
Spooky Science: Quantum Computing, the Fed, and the Future - Philadelphia Fed

BERKELEY, Calif. and TORONTO, June 8, 2022 /CNW/ -Neutrinos originate from some of the most mind-bending elements of the universe: black holes, exploding stars, and the Big Bang. Researchers such asProfessorGabriel Orebi Gann and her group at UC Berkeley are creating a detector to trap these mysterious "ghost particles" to uncover mysteries of the universe. Web3 decentralized cloud storage provider, Seal Storage Technology, is partnering with the Berkeley Orebi Gann Group to provide secure and immutable storage for the neutrino data. The groundbreaking research is not possible without a reliable place to house the data.

This new detector will be four tonnes and a couple of meters in scale - a prototype for a larger detector, Theia, which will be 25 to 100 kiloton and several tens of meters. Such a detector can give clues about the origins of the universe and push the boundaries of research ranging from high-energy to particle and nuclear astrophysics. Since these detectors are enormous, they create a large amount of data that needs secure storage.

"Nuclear and particle physics experiments have an ever-increasing need to store and access large amounts of critical, unique data. Our team is developing novel technologies that will be used to address fundamental mysteries about the nature and formation of our universe and for applications such as nuclear nonproliferation activities. We are excited to work with the Seal team to address the challenge of data handling for the exponentially increasing data sets produced by next-generation experiments," says Professor Gabriel Orebi Gann.

Seal promotes the adoption of Web3 technology by offering sustainable, affordable, and immutable data storage on top of the Filecoin Network. Filecoin is a decentralized storage network that uses cryptography to "store humanity's most important information." Using Filecoin's secure cryptographic protocol to prove storage, Seal submits proofs once a day, which are then validated by every node on the Filecoin network. Professor Orebi Gann and her team entrusted Seal to protect their vital research data from being lost or corrupted. The Web3 component of the data storage means that faulty or malicious actors are noticed by the distributed network and removed automatically.

"Seal is proud to be entrusted with storing Professor Orebi Gann's neutrino data. We're thrilled to provide a real-world application of Web3 technology for exceptional research universities such as Berkeley. Partnerships like these advance the Web3 ecosystem and propel science and technology forward," says Michael Horowitz, Seal Storage Technology CEO.

"With decentralized storage, the availability of information is not dependent on any one server or company, providing a more robust, secure, and resilient platform for critical public interest datasets," said President and Chair of Filecoin Foundation, Marta Belcher. "Filecoin's mission is to preserve humanity's most important information, and the use of this technology by UC Berkeley Underground Physics Group and Seal is a natural fit."

By using Seal's Web3 decentralized cloud storage, Berkeley's research will maintain autonomy over the data their detector generates, rather than relinquishing control of data to a centralized platform. This partnership signals a new trend in institutional data, research, blockchain, and Web3 storage technology, pushing the advancement of human technology to new bounds.

About Seal Storage TechnologySeal provides decentralized cloud storage to accelerate the adoption of Web3. As a leading provider on the Filecoin network, Seal offers sustainable, affordable, and immutable data storage. Seal | Seal Storage Technology (@SealStorage) / Twitter | LinkedIn

SOURCE Seal Storage Technology

For further information: Media Contact: Ryan Brusuelas, Director of Marketing | Kelly Clark, Communications Manager | [emailprotected]

See original here:
UC Berkeley Engages Seal Storage Web3 Technology to Advance Innovative Neutrino Physics Research - Canada NewsWire

Temtum, the UK-headquartered advanced technology company, is in talks with African governments, including the government of Uganda, to power Central Bank Digital Currency (CBDCs).

When implemented, a CBDC becomes a form of legal tender of the country that is issued and monitored digitally. 90% of central banks are currently investigating or implementing CBDCs, proving that CBDCs will play a crucial role in the future of banking. This is especially the case in emerging markets where Temtums scalable and efficient network can close the financial inclusion gap by making banking processes more accessible.

Consumers have the opportunity to be a part of this world first by investing in the TEM token on liquid.com.

Temtums Temporal Blockchain is the leading global product for CBDC creation and other government-backed payment systems. Its low-cost CBDC payment system facilitates transfers between individual customers and business through non-smartphones without holding a bank account. CBDCs can therefore improve widespread access to financial services.

Temtum is a UK headquartered advanced technology business that has developed its own innovative advanced blockchain protocol and cryptography. Its ultra-fast, quantum secure, energy efficient, and highly scalable Temporal Blockchain is fully operational utilising its settlement token TEM, a sustainable payment coin.

Ugandas Minister of Finance, Planning and Economic Development, Matia Kasaija, has conducted several engagements with the Temtum Group in Kampala about the Central Bank Digital Currency. Kasaija commented: I had a Productive and engaging meeting with the Temtum Group on their digital currencies and CBDC technology as well as revenue tax collection and mobile money. We are impressed with Temtums technology.

Richard Dennis, CEO of Temtum, commented: In most cases, tokens are never used in real world settings. However, our token is actually used to clear CBDC transactions. The engagement we have with governments in Africa and elsewhere show the promise of blockchain and cryptography creating a new world of financial freedom.

Link:
Temtum joins forces with the Ugandan government on CBDC - Finextra

News and research before you hear about it on CNBC and others. Claim your 1-week free trial to StreetInsider Premium here.

DALLAS & FORT WORTH, Texas--(BUSINESS WIRE)--Mouser Electronics Inc., the industrys leading New Product Introduction (NPI) distributor with the widest selection of semiconductors and electronic components, launched the latest chapter of its award-winning Empowering Innovation Together program. In this episode, Mouser explores the importance of incorporating security into every stage of the design process, starting with architecture selection and component choice. The third installment features a wide variety of content, including a new Then, Now and Next video, blog, article, infographic and a new episode of The Tech Between Us podcast.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220608005901/en/

The third installment of Mouser's 2022 Empowering Innovation Together program explores the importance of security in every stage of the design process and includes a new episode of The Tech Between Us podcast. (Graphic: Business Wire)

This newest topic in the 2022 Empowering Innovation Together program offers a timely look at the increasingly critical role of designing with security in mind, including available hardware features and the latest software tools and techniques, as well as stand-alone security products.

Connected devices continue to be high-risk targets for security threats. Whether in connected vehicles, smart homes or wearables, engineers are increasingly implementing security from the ground up in their designs, says Glenn Smith, President and CEO of Mouser Electronics. With this latest EIT episode, we shine a light on some of the latest security practices to help engineers as they safeguard their designs.

In a new episode of the Tech Between Us podcast, Alan Grau, Vice President of Sales & Business Development for PQShield, joins Mousers Director of Technical Content, Raymond Yin, for a conversation about security trends such as authentication for embedded systems, securing wireless links for data transmission and the products and tools available to engineers for secure environment design.

As the technologies behind our connected devices become more advanced, so do efforts to thwart the robust systems securing those devices, says Grau. Im excited to speak with Raymond about the next generation of security practices, including post-quantum cryptography, and hope that our conversation gives designers a jumping-off point for designing with security in mind.

The third installment will also feature two articles focused on the IoT trusted zone and the key to embedded security, as well as an infographic highlighting securitys critical role in connected vehicles.

The Designing for Security installment is sponsored by Mousers valued manufacturer partners Analog Devices, Infineon Technologies, Microchip Technology, NXP Semiconductors, STMicroelectronics and Xilinx.

Upcoming topics in the 2022 EIT program will explore driver monitor systems, private 5G networks and autonomous mobile robots. The program will spotlight timely product developments and discover the technical developments needed to stay timely with innovation in the marketplace.

Established in 2015, Mousers Empowering Innovation Together program is one of the electronic component industrys most recognized programs. To learn more, visit https://www.mouser.com/empowering-innovation and follow Mouser on Facebook and Twitter.

For more Mouser news, visit https://www.mouser.com/newsroom/.

About Mouser Electronics

Mouser Electronics, a Berkshire Hathaway company, is an authorized semiconductor and electronic component distributor focused on New Product Introductions from its leading manufacturer partners. Serving the global electronic design engineer and buyer community, the global distributors website, mouser.com, is available in multiple languages and currencies and features more than 6.8 million products from over 1,200 manufacturer brands. Mouser offers 27 support locations worldwide to provide best-in-class customer service in local language, currency and time zone. The distributor ships to over 650,000 customers in 223 countries/territories from its 1 million-square-foot, state-of-the-art distribution facilities in the Dallas, Texas, metro area. For more information, visit https://www.mouser.com/.

Trademarks

Mouser and Mouser Electronics are registered trademarks of Mouser Electronics, Inc. All other products, logos, and company names mentioned herein may be trademarks of their respective owners.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220608005901/en/

For further information, contact:Kevin Hess, Mouser ElectronicsSenior Vice President of Marketing+1 (817) 804-3833[emailprotected]

For press inquiries, contact:Kelly DeGarmo, Mouser ElectronicsManager, Corporate Communications and Media Relations+1 (817) 804-7764[emailprotected]

Source: Mouser Electronics Inc.

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Mouser Electronics Examines Importance of Designing for Security in Third Empowering Innovation Together Episode - StreetInsider.com