In the Budget 2020 speech, Finance Minister Nirmala Sitharaman made a welcome announcement for Indian science over the next five years she proposed spending 8,000 crore (~ $1.2 billion) on a National Mission on Quantum Technologies and Applications. This promises to catapult India into the midst of the second quantum revolution, a major scientific effort that is being pursued by the United States, Europe, China and others. In this article we describe the scientific seeds of this mission, the promise of quantum technology and some critical constraints on its success that can be lifted with some imagination on the part of Indian scientific institutions and, crucially, some strategic support from Indian industry and philanthropy.

Quantum mechanics was developed in the early 20th century to describe nature in the small at the scale of atoms and elementary particles. For over a century it has provided the foundations of our understanding of the physical world, including the interaction of light and matter, and led to ubiquitous inventions such as lasers and semiconductor transistors. Despite a century of research, the quantum world still remains mysterious and far removed from our experiences based on everyday life. A second revolution is currently under way with the goal of putting our growing understanding of these mysteries to use by actually controlling nature and harnessing the benefits of the weird and wondrous properties of quantum mechanics. One of the most striking of these is the tremendous computing power of quantum computers, whose actual experimental realisation is one of the great challenges of our times. The announcement by Google, in October 2019, where they claimed to have demonstrated the so-called quantum supremacy, is one of the first steps towards this goal.

Besides computing, exploring the quantum world promises other dramatic applications including the creation of novel materials, enhanced metrology, secure communication, to name just a few. Some of these are already around the corner. For example, China recently demonstrated secure quantum communication links between terrestrial stations and satellites. And computer scientists are working towards deploying schemes for post-quantum cryptography clever schemes by which existing computers can keep communication secure even against quantum computers of the future. Beyond these applications, some of the deepest foundational questions in physics and computer science are being driven by quantum information science. This includes subjects such as quantum gravity and black holes.

Pursuing these challenges will require an unprecedented collaboration between physicists (both experimentalists and theorists), computer scientists, material scientists and engineers. On the experimental front, the challenge lies in harnessing the weird and wonderful properties of quantum superposition and entanglement in a highly controlled manner by building a system composed of carefully designed building blocks called quantum bits or qubits. These qubits tend to be very fragile and lose their quantumness if not controlled properly, and a careful choice of materials, design and engineering is required to get them to work. On the theoretical front lies the challenge of creating the algorithms and applications for quantum computers. These projects will also place new demands on classical control hardware as well as software platforms.

Globally, research in this area is about two decades old, but in India, serious experimental work has been under way for only about five years, and in a handful of locations. What are the constraints on Indian progress in this field? So far we have been plagued by a lack of sufficient resources, high quality manpower, timeliness and flexibility. The new announcement in the Budget would greatly help fix the resource problem but high quality manpower is in global demand. In a fast moving field like this, timeliness is everything delayed funding by even one year is an enormous hit.

A previous programme called Quantum Enabled Science and Technology has just been fully rolled out, more than two years after the call for proposals. Nevertheless, one has to laud the governments announcement of this new mission on a massive scale and on a par with similar programmes announced recently by the United States and Europe. This is indeed unprecedented, and for the most part it is now up to the government, its partner institutions and the scientific community to work out details of the mission and roll it out quickly.

But there are some limits that come from how the government must do business with public funds. Here, private funding, both via industry and philanthropy, can play an outsized role even with much smaller amounts. For example, unrestricted funds that can be used to attract and retain high quality manpower and to build international networks all at short notice can and will make an enormous difference to the success of this enterprise. This is the most effective way (as China and Singapore discovered) to catch up scientifically with the international community, while quickly creating a vibrant intellectual environment to help attract top researchers.

Further, connections with Indian industry from the start would also help quantum technologies become commercialised successfully, allowing Indian industry to benefit from the quantum revolution. We must encourage industrial houses and strategic philanthropists to take an interest and reach out to Indian institutions with an existing presence in this emerging field. As two of us can personally attest, the Tata Institute of Fundamental Research (TIFR), home to Indias first superconducting quantum computing lab, would be delighted to engage.

R. Vijayaraghavan is Associate Professor of Physics at the Tata Institute of Fundamental Research and leads its experimental quantum computing effort; Shivaji Sondhi is Professor of Physics at Princeton University and has briefed the PM-STIAC on the challenges of quantum science and technology development; Sandip Trivedi, a Theoretical Physicist, is Distinguished Professor and Director of the Tata Institute of Fundamental Research; Umesh Vazirani is Professor of Computer Science and Director, Berkeley Quantum Information and Computation Center and has briefed the PM-STIAC on the challenges of quantum science and technology development

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Picking up the quantum technology baton - The Hindu

By definition, a blockchain is a system, within which transactions made in a cryptocurrency are recorded and maintained across several computers, which are linked in a peer-to-peer network.

These records are referred to as blocks and are linked using cryptography.

Each block contains a cryptographic hash of the previous block and transaction data and once recorded, the data in a block cannot be changed without affecting and changing the subsequent blocks.

Thus, this quality ensures that a blockchain is secure and is based on decentralisation, eliminating any risks associated with the reliance on one central authority to transact with other users.

Blockchain has the potential to impact various aspects of life, both in personal and professional terms. In Malta, the legislative framework of blockchain has been divided into three acts: the Virtual Financial Assets Act (VFA Act, Chapter 590 of the Laws of Malta), the Malta Digital Innovation Authority Act (MDIA Act, Chapter 591 of the Laws of Malta), and the Innovative Technology Arrangements and Services Act (ITAS Act, Chapter 592 of the Laws of Malta).

The use of blockchain technologies may be applied to a number of different legal spheres. When it comes to maritime and shipping law, Malta is a key player in this field, due to its strategic position and maritime diversity.

When analysing the application of blockchain in the field of shipping and maritime law, it is evident that it could impact a large number of aspects, including logistical, contractual and traceability aspects. It could also impact the manner in which ships are registered and the way in which documentation is stored.

Effectively, it could impact the entire process involved in transactions, making each transaction more efficient and possibly even cheaper. Its potential in the field of shipping and maritime law is an extensive one, which could completely revolutionise the way in which things are currently being done, and would provide a more secure and tamperproof platform for transactions to take place.

In terms of bills of lading, blockchain technology can improve the process involved in registering and transferring the ownership of goods, facilitating the process of trade for all parties involved, increasing efficiency, reducing costs and reducing paperwork.

Firstly, it would provide a secure trading platform with no central storage system. Secondly, it would also make the entire process faster and more efficient, as it would create an instant and immediate transaction, without any couriers or middlemen. Moreover, smart bills of lading would create a paperless system, while also reducing the costs of couriers.

It could impact the entire process involved in transactions, making each transaction more efficient and possibly even cheaper

When discussing the application of blockchain technologies to the shipping sphere in Malta, it would also be necessary to analyse whether there is the willingness of the authorities to actually shift from using traditional methods of carrying out transactions, to the use of blockchain platforms. Although blockchain has a number of benefits, there are also certain risks which may discourage authorities and individuals (such as ship owners) from wanting to convert from traditional methods, to blockchain technologies.

First of all, decentralisation is sometimes difficult to guarantee, and is often expensive due to the large amount of electricity which is required. Users of the blockchain use a cryptographic key in order to define their identity, however, this key could easily be copied, which could lead to the impersonation of the user.

Furthermore, if the key is lost, then all the other users would also lose control over the assets on the blockchain.

In the maritime and shipping industry, all transactions are still being made through intermediaries.

If blockchain technology were to start being applied in Maltas shipping industry, this would allow firms to transact directly between each other, without the need of using intermediaries and still ensuring secure transactions.

Furthermore, the industry in Malta is currently very paper-heavy, which also involves more administrative work. All this could be avoided with the application of smart contracts, which would not only reduce the amount of paperwork but would also make the process faster and more efficient.

Additionally, digitisationalso has the potential of changing the manner in which environmental conservation is traditionally being done. It is often said that maritime transport activities are very polluting in nature, however, through the process of digitalisation, this could provide for more sustainable development in the industry.

The future of blockchain is definitely an uncertain one, with many opposing views on the matter. Although it is currently very topical and its application seems to be on the rise in a number of countries and also in Malta, certain critics and high-profile individuals do not see a positive future in this regard.

Nina Fauser is fourth year LL.B (Hons.)student

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The application of blockchain in Malta's maritime and shipping industry - Times of Malta

If youre interested in tech, youve likely heard about therace to develop quantum computers. These systems compute via qubits, whichexist not only as ones and zeros (as you find intraditional processors) but also in an in-between state known assuperposition.

For tasks such as cryptography, qubits and superpositionwould allow a quantum computer to analyze every potential solutionsimultaneously, making such systems much faster than conventional computers.Microsoft, Google,IBM, and other firms are all throwing tons of resources into quantum-computingresearch, hoping for a breakthrough that will make them a leader in thisnascent industry.

Questions abound about quantum computing, including whetherthese systems will actually produce the answers that companies really need. Forthose in the tech industry, theres a related interest in whether quantumcomputing will actually produce jobs at scale.

Thelarge tech companies and research laboratories who are leading the charge onR&D in the pure quantum computing hardware space are looking for peoplewith advanced degrees in key STEM fields like physics, math and engineering,said John Prisco, President & CEOof Quantum Xchange, which markets a quantum-safe key distribution thatsupposedly will bridge the gap between traditional encryption solutions andquantum computing-driven security. This is in large part because thereare few programs today that actually offer degrees or specializations inquantum technology.

WhenPrisco was in graduate school, he added, There were four of us in theelectrical engineering program with the kind of physics training this fieldcalls for. More recently, Ive recently seen universities like MIT andColumbia investing in offering this training to current students, but itsgoing to take awhile to produce experts.

Theresevery chance that increased demand for quantum-skilled technologists coulddrive even more universities to spin up the right kind of training andeducation programs. The National Institute of Standards and Technology (NIST)is evaluatingpost-quantum cryptography that would replace existing methods, includingpublic-key RSA encryption methods. Time is of the essence when it comes togovernments and companies coming up with these post-quantum algorithms; thenext evolutions in cryptography will render the current generation pretty muchobsolete.

Combinethat quest with the currentshortage of trained cybersecurity professionals, and you start to see wherethe talent and education crunch will hit over the next several years. Whilehackers weaponizing quantum computers themselves is still a far off proposal,the threat of harvesting attacks, where nefarious actors steal encrypted datanow to decrypt later once quantum computers are available, is already here,Prisco said, pointing at Chinas 2015 hack of the U.S. Office of PersonnelManagement, which saw the theft of 21 million government employee records.

Thoughthat stolen data was encrypted and there is no evidence it has been misused todate, the Chinese government is likely sitting on that trove, waiting for theday they have a quantum computer powerful enough to crack public keyencryption, he said. Organizations that store sensitive data with a longshelf-life need to start preparing now. There is no time to waste.

But what will make a good quantum technologist?

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HermanCollins, CEO of StrategicQC, a recruiting agency for the quantum-computingecosystem, believes that sourcing quantum-related talent at this stage comesdown to credentials. Because advanced quantum expertise is rare, the biggest sign thata candidate is qualified is whether they have a degree in one of the fields ofstudy that relates to quantum computing, he said. I would say that degrees,particularly advanced degrees, such as quantum physics obviously, physicstheory, math or computer science are a good start. A focus on machine learningor artificial intelligence would be excellent as part of an augmented dynamicquantum skill set.

Although Google, IBM, and theU.S. government have infinite amounts of money to throw at talent, smallercompanies are occasionally posting jobs for quantum-computing talent. Collinsthinks that, despite the relative lack of resources, these small companies haveat least a few advantages when it comes to attracting the right kind of veryhighly specialized talent.

Smaller firms and startups canoften speak about the ability to do interesting work that will impactgenerations to come and perhaps some equity participation, he said. Likewise,some applicants may be interested in working with smaller firms to buildquantum-related technology from the ground up. Others might prefer a moreclose-knit team environment that smaller firms may offer.

Some 20 percent of thequantum-related positions, Collins continued, are in marketing, sales,management, tech support, and operations. Even if you havent spent yearsstudying quantum computing, in other words, you can still potentially land ajob at a quantum-computing firm, doing all the things necessary to ensure thatthe overall tech stack keeps operating.

It is equally important forcompanies in industries where quantum can have impactful results in the nearerterm begin to recruit and staff quantum expertise now, Collins said.Companies competing in financial services, aerospace, defense, healthcare,telecommunications, energy, transportation, agriculture and others shouldrecognize the vital importance of looking very closely at quantum and addingsome skilled in-house capability.

Given the amount of money andresearch-hours already invested in quantum computing, aswell as some recent (and somewhat controversial) breakthroughs, theresevery chance the tech industry could see an uptick in demand for jobs relatedto quantum computing. Even for those who dont plan on specializing in thisesoteric field, there may be opportunities to contribute.

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Quantum Computing: Will It Actually Produce Jobs? - Dice Insights

Fior Marketshas introduced a new market research study, titledGlobalQuantum CryptographyMarketwhich provides detailed coverage ofQuantum Cryptographyproduct industry and main market trends. Backed by extensive first-hand surveys with major stakeholders in the industry, the report has collected the information through primary and detailed secondary research that involved various numerical calculations, reviewing official government documentation, latest news articles, press releases, company annual reports, financial reports, appropriate patents, and administrative databases, as well as a range of internal and external proprietary databases. The market segmentation has been done on the basis of consensus made, product type, key industrial players, competitive landscapes, applications, end-user, topological players, and more.

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The report contains detailed information about the drivers of theQuantum Cryptographymarket and also provides a forecast of market growth and key market competitors includingQuintessenceLabs, QuantumCTek, ID Quantique, Quantum Xchange, Crypta Labs, Qubitekk, Post-Quantum, Aurea Technologies, qutools, Infineon, Mitsubishi Electric, IBM, NuCrypt, Qasky, MagiQ Technologies, ISARA, QuNu Labs, HP, NEC, Toshiba, and Microsoft. The ID Quantique, QuintessenceLabs, NuCrypt, Qasky, and Crypta Labs.Top manufacturers in the market are analyzed with the assessment of the company overview, financial overview, product portfolio, new project launched, recent development analysis, sales, price, revenue, and market share. The report has mentioned all the information regarding market competitors, growth rate, revenue ups and downs, regional players, industrial players, applications, and forecast from 2019 to2025.

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Excerpt from:
Global Quantum Cryptography Market 2019 by Manufacturers, Countries, Type and Application, Forecast to 2025 - Galus Australis

17-03-2020 | Microchip Technology | Semiconductors

Microchip Technology has released a new cryptography-enabled MCU, the CEC1712 MCU with Soteria-G2 custom firmware created to stop malicious malware including rootkit and bootkit for systems that boot from external SPI flash memory.

The company's Soteria-G2 custom firmware on its full-featured CEC1712 Arm Cortex-M4-based microcontroller gives secure boot with hardware root of trust protection in a pre-boot mode for operating systems booting from external SPI flash memory. Also, the device offers key revocation and code rollback protection throughout operating life, facilitating in-field security updates. Complying with NIST 800-193 guidelines, the device protects, detects and recovers from corruption for total system platform firmware resiliency. The secure boot with hardware root of trust is crucial in guarding the system against threats before they can load into the system and only enables the system to boot employing software trusted by the manufacturer.

A particularly insidious form of malware is a rootkit because it loads before an operating system boots and can hide from ordinary anti-malware software and is notoriously difficult to detect, said Ian Harris, vice president of Microchips computing products group. One way to defend against root kits is with secure boot. The CEC1712 and Soteria-G2 firmware is designed to protect against threats before they can be loaded."

Secure provisioning for some of Microchip's flagship products is an important part of our offering, and the Soteria-G2 firmware and CEC1712 microcontroller are targeted to protect systems, said Aiden Mitchell, vice president of IoT at Arrow Electronics. Customers will increasingly seek such offerings as we approach the 5G era and go more into connected solutions and autonomous machines.

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Protect against Rootkit and Bootkit malware - Electropages

Blockchain-as-a-Service is the third-party development and organization of cloud-based networks for firms dealing with the development of blockchain applications. The key reason for the rising implementation of the blockchain-as-a-service market is that it enables businesses to concentrate on their main jobs rather than killing time in installing the infrastructure facilities. Reliable privacy protocol and security are being provided by the blockchain technology founded on cryptographic hash function in which every transaction in the string is recognized by its own hash key. The crypto hash functions intricacy decreases the vulnerability to fraud of the blockchain technology. At present, blockchain technology has turned out to be among the most potential innovation in the information technology segment. And it is now utilized across numerous industry sectors like healthcare & life sciences; electronics; media & entertainment, banking, financial services, & insurance (BFSI); energy, chemical, and utility.

The key factor fueling the growth of global blockchain as a service market is the rising implementation of blockchain within the financial sector. The copious supports entailed in building such a platform have by now lured massive attention and accordingly financial support from the financial sector. Numerous technological giants functioning in blockchain technology offer data privacy and security together with data duplication further boosting the growth of the global blockchain as a service market. Earlier, the implementation of blockchain technology was limited to the BFSI (banking, financial services & insurance) sector. Nevertheless, at present, the actual blockchain model is being executed across several core applications.

In addition, blockchain technology shows many potential applications in the fields of healthcare and power that, in turn, is expected to fuel the growth of the global market during the forecast period. Nevertheless, the dearth of skilled staff and intricate technology are projected to hamper the expansion of the blockchain as a service market in the coming period. Nonetheless, the blockchain as a service market is projected to witness a rise in demand in the years to come, as the BaaS (Mobile backend as a service) operator handles all the complex back-end jobs and infrastructure for the businesses and client. Traits like peer-to-peer distributed network architecture and extensive usage of cryptography are a few other benefits presented by blockchain as a service model to be applied in enterprises, government, and in numerous other sectors. Moreover, the rising implementation of blockchain technologies in numerous end-user industries is also expected to bring up many expansion avenues for the key contenders in the blockchain as a service market during the forecast period.

Get Free Research Report Sample PDF for more Insights https://www.zionmarketresearch.com/sample/blockchain-service-market

To cite, Tata Consultancy Services (TCS) teamed up with R3 technology (R3) and Microsoft in March 2019 to implement an extensible cross-industry blockchain platform. A few of the secure solutions that are being developed on these platforms comprise anti-counterfeiting of luxury goods, skills marketplace, shared telecom infrastructure for 5G, affordable mobility, and rewards & loyalty programs.

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Increasing Applications In Numerous Verticals Expected To Boost Global Blockchain-As-A-Service Market Growth - The Tricks Trend

The Foreign Affairs Ministry in Athens. (Photo by Eurokinissi/ Yiorgos Kontarinis)

ATHENS The foreign ministry on Tuesday issued instructions for Greeks on travelling abroad, advising them to avoid areas with a high number of novel coronavirus cases. The ministry noted that countries were constantly taking new measures to contain the spread of the virus, including that of barring the entry and exit of foreign nationals.

For Greeks who are already abroad, the ministry advised them to ensure they are informed of the measures taken by third countries to deal with coronavirus, via the updates given by Greek authorities abroad and their websites.

In cases of emergency, call the emergency phone lines of Greek Authorities and the Crisis Management Unit of the Ministry of Foreign Affairs (at mdk@mfa.gr), the ministrys announcement said.

It also urged Greek citizens who are currently abroad to contact Greek consular and diplomatic authorities so that they can provide assistance in any problems they may face.

The ministry noted that there is a restriction on travel to and from the following countries: Albania, Italy, North Macedonia and Spain.

It should also be noted that, as of March 16, any individual entering Greece, regardless of their nationality or country of origin, is required to self-isolate for a period of 14 days from the day of entrance, with any violations punishable by a fine.

The public can contact the foreign ministry cryptography service at the following telephone numbers: +302103681000 / 1259/ 1730.

Further information on the novel coronavirus and Covid-19 is available at the following link:

COVID-19 16 2020

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Greek Foreign Ministry Advises Citizens to Avoid Travel to Regions with High Covid-19 Rates - The National Herald

By Stephan Fabel, Director of Product, Canonical

Privacy is a basic human right and always has been. But, its only in the last couple years that regulations have caught up. Equally important has been the increased focus on security, which is key to enabling privacy. Just take a look at the number of articles reporting cyber-attacks in a month and you will see the impact of companies not implementing security practices. No organisation is immune to todays cyber threats, not least financial services companies which process and handle vast amounts of hugely sensitive information. With this in mind, financial service organisations have to choose the right technologies to protect their customers valuable data.

One of the most notable security solutions used in modern-day banking and fintech operations is encryption. However, the challenge today is bringing this level of security to the wider industry. When it comes to finance, customers expect the highest levels of security coupled with easy deployment, flexibility, and agility, which is a mammoth task for IT teams. Yet companies like IBM, for example, are offering solutions to overcome this issue.

Welcoming containerisation

Its secure service container, developed specifically for container-based applications on IBMs LinuxONE does just that. It enables developers to extract the same quality of security that they would on Linux, and in any data centre whether on-premise or in the cloud through a mix of hardware and software.

Linux is easy to deploy, enabling highly functional and easily automated stacks, making it the first choice for next generation finserv infrastructures. In fact, industry titans like Barclays have already built entire data centre infrastructures around Linux. Further to providing easy access to innovations and software frameworks, open source software also improves trust, which is critical for security compliance in the long term.

Unlike open source software, with proprietary software you cant verify all background activities taking place. If there is a bug or a fault in the code, it is difficult to assess the reasons behind them, as only the original developer has access to the backend. Open source, in contrast, is visible to a community of developers, which quickly identifies and fixes bugs or errors.

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With containerization, developers can unlock new levels of security, cost savings and efficiency within the finserv sector by moving things to the cloud at the push of a button, where it will run as a virtual machine. These virtual machines can deliver advanced hardware security which developers historically havent been able to benefit from, meaning cyber criminals cant access these applications, even with a computer. Unsurprisingly, banks and fintechs are arming themselves with this technology to protect against increasingly common attack factors, including malware, ransomware and memory scraping.

Cryptography and blockchain

Quantum computers are becoming increasingly capable of decoding cryptography and within just a decade, they will be able to break all current cryptography keys. Highly dependent on this type of security, the finance sector needs to be prepared for this development in advance. Technology vendors are populating their systems with these types of algorithms, transitioning from firmware into hardware. As quantum computers reach the required level of power, organisations will have to decrypt their data, and re-encrypt it using new methods such as quantum cryptography.

In combination with these new cryptography techniques, blockchain technology will also become one of the primary security algorithms used within the banking and financial industries. The aim of these technologies will be to enable the finserv organisations to operate, test and run analytics without data. Whats more, the industry is strengthened by the growing number of new, innovative players in the space, which will have built their IT infrastructures on non-monolithic systems, and are unencumbered by the shackles of legacy systems.

Continue reading here:
The future of finserv security - Global Banking And Finance Review

The rising rate of data breach and information leaks together with the increasing need to control these problems are the reasons driving the growth of global blockchain technology in healthcare market. Further, planned initiatives by the prominent market players, the requirement for well-organized health data management system, and elevated need to decrease drug counterfeit are also expected to surge the implementation of blockchain technology in healthcare sector.

Also, the increased spending in the development of effective healthcare record systems, medical examination systems, and wearable devices cryptography is projected to offer several lucrative avenues for the market in the years to come. The rising incidence of diseases is also anticipated to generate large volumes of records, further driving the need for data management. The growing alertness regarding the significance of blockchain technology for a methodical compilation of patient data and medical records will boost the expansion of the global blockchain technology in healthcare market during the forecast period.

In addition, using blockchain technology within healthcare records will assure that the information cannot be changed to ascertain the integrity of information or records. Blockchain within the drug regulatory system will enable to uphold record-keeping system with intrinsic security features. Besides safety advantages, blockchain technology will result in user-empowerment & better efficiency, interoperability resulting in efficient methods, thus allowing the users to have authority over the data they generate. Incorporation of blockchain in RHRs (electronic health records), improving maintenance of records and the advancement of EHR is further anticipated to drive the implementation of the technology in the near future.

Thereby, the increasing technological improvements in operational efficiency and security will fuel the growth of global blockchain technology in healthcare market during the coming years. Moreover, the strict regulatory standards and rules together with the rising prevalence of medical data breach are projected to propel the market expansion during the forecast period. Nevertheless, the dearth of skilled staff along with the escalated price of installation for small & medium enterprises and startup is anticipated to hinder the growth of the global blockchain technology in healthcare market.

Nonetheless, the increased spending by the key players of the market in the blockchain technology is further resulting in the expansion of the market. To cite, a low-cost platform was introduced by IBM in March 2018, particularly for startups, to develop any blockchain projects. In turn, these plans are expected to promote advancements and new healthcare institutes to take up the technology; thus, fueling the global blockchain technology in healthcare market expansion.

Get Sample of this Research Report for more Industry Insights https://www.zionmarketresearch.com/sample/blockchain-technology-healthcare-market

Numerous startups are functioning on technology to reduce the gap between blockchain and the healthcare industry. In Sept 2018, a China-based project, ALLIVE, declared to create an intelligent healthcare bionetwork by using this technology that was projected to deal with the important problems within the healthcare division. This is anticipated to induce other market players to spend on the technology, thus impacting the growth market optimistically.

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Rising Need To Curb Data Breach Expected To Drive Global Blockchain Technology In Healthcare Market Growth - The Tricks Trend

The new bill, the EARN IT Act, makes tech companies more liable for what occurs on their platforms, but critics are worried that it could weaken privacy and security on the internet.

Historically, internet companies have not been legally responsible for the content on their service. The hope is that if tech companies are held accountable for abuse on their platforms, they will mitigate it.

But that comes with a catch: if the bill passes, services that utilize effective encryption often to protect users privacy are in legal jeopardy, and likely to weaken their security. It would make it easier for hackers to break into phones and internet connections, reducing the security of internet finance and social media.

Unbreakable cryptography is readily available in the modern world, but it has not always been that way. The United States government and its allies have long fought to keep secure encryption from the public, partly through restricting the export of encryption.

In his 1996 book, Applied Cryptography, Bruce Schneier wrote, According to the U.S. government, cryptography is a munition. This means it is covered under the same rules as a TOW missile or an M1 Abrams Tank. If you sell cryptography overseas without the proper export license, you are an international arms smuggler.

With those restrictions, the U.S. was trying to prevent hostile governments from using unbreakable encryption. But law enforcement was also trying to keep cryptography out of the hands of U.S. citizens. In 1993, the Clinton Administration proposed the Clipper Chip, which, in theory, would have prevented criminals from eavesdropping on phone calls, but still allowed the government to listen in. In practice, however, the clipper chip had vulnerabilities that allowed anyone to disable the part of the chip that allowed government access. Phone manufacturers did not implement it, and by 1996 it was defunct.

Tech companies state that they cannot assure privacy for their users while building a flaw in their security that allows law enforcement to access user data.

Matt Blaze, the computer scientist who broke the clipper chip, said, When I hear If we can put a man on the moon, we can do this, it is like saying If we can put a man on the moon, well surely we can put a man on the sun.

In 1996, the U.S government passed the Communications Decency Act. Section 230 of that law states that no provider or user of an interactive computer service shall be treated as the publisher or speaker of any information provided by another information content provider. This gives tech companies legal protection against abuse on their platforms. However, the EARN IT Act would make companies have to earn this protection by following the best practices.

What worries critics of the bill is that those best practices are determined by a commission dominated by law enforcement.

The Electronic Frontier Foundation, an internet freedom advocacy organization partially responsible for the widespread use of secure encryption,said in their statement on the EARN IT Act, We know how [Attorney General William Barr] is going to use his power on the best practices panel: to break encryption.

While the bill brings harsh criticism from the tech industry and advocates for free speech on the internet, it has bipartisan support.

This bill is a major first step. For the first time, you will have to earn blanket liability protection when it comes to protecting minors. Our goal is to do this in a balanced way that doesnt overly inhibit innovation, but forcibly deals with child exploitation, said Republican Sen. Lindsay Graham, who co-sponsored the bill with Democrat Richard Blumenthal.

Continued here:
The EARN IT Act revives the legal war over encryption - Scot Scoop News