Gaming N ews

GoCoin is the first e-commerce payment solution designed to process bitcoin and emerging altcoins for gaming and international operators considered "high risk" by traditional payment networks. With recent gambling tax reform changes like the UK's impending Point of Consumption (POC) Tax, operators are actively seeking lower cost payment alternatives to improve margins.

By most accounts, gambling represents approximately half of all Bitcoin transactions. Cryptocurrencies offer a truly global payment method without third party intermediaries. By partnering with GoCoin, Cozy Games will enjoy a dramatic reduction in costs associated with credit card transactions, chargebacks, and cross-border fees -- all without having to worry about the security, volatility or complexity of handling coins directly.

"GoCoin is the frontrunner bringing deep cryptocurrency expertise to the regulated iGaming sector, which was key in our decision to integrate their platform," said Sreeram Reddy, CEO of Cozy Games. "GoCoin's solution is adaptable and compliant with Internet gaming law, allowing us to safely adopt the latest payment innovations while focusing on our core strength of delivering an excellent online experience for our players."

"By accepting cryptocurrencies through the GoCoin payment platform, regulated online gambling operators can engage new markets like the underbanked that are historically difficult to reach," said Steve Beauregard, co-founder and CEO of GoCoin.

"Our engineers are actively working with regulators to develop clear guidelines that stay within the law while also respecting a player's right to privacy."

As a licensed operator, Cozy Games subscribes to responsible gaming policies and does not allow gambling by any person under the age of 18. GoCoin's KYC procedures work seamlessly with an operator's to ensure money coming into the gateway is under the custodianship of the identified player and that the player actually owns their bitcoin wallet.

About GoCoin GoCoin is the first international payment platform for bitcoin and emerging digital currencies, making it easier than ever for online and retail merchants to accept Bitcoin, Litecoin, and Dogecoin at checkout. GoCoin insulates merchant operators from the complexities and volatility of alt-currencies by settling transactions in the currency of their choice. Founded in July 2013, GoCoin is an international group of companies with offices in Singapore, London, Douglas, Boston and Santa Monica.

About Cozy Games Founded in 2005, by a team of gaming industry veterans, Cozy Games has emerged as one of the top innovators in the industry to date. The company brings decades of experience and a global workforce to ensure that products and services advance the business requirements of every customer and meet budget requirements. Cozy Games also has a product suite of over 90+ games which include bingo, classic and video slots, table games, scratch cards and network jackpots.

< Gaming News

Visit link:
Gaming N ews

Why the FBI Hates Apple’s New Default Encryption (On Assignment 10.24.14) – Video


Why the FBI Hates Apple #39;s New Default Encryption (On Assignment 10.24.14)
VOA #39;s Doug Bernard sits down with On Assignment #39;s Imran Siddiqui to talk about Apple #39;s new operating system for iPhones and iPads and why it has law enforcement officials concerned. Originall...

By: VOAvideo

The rest is here:
Why the FBI Hates Apple's New Default Encryption (On Assignment 10.24.14) - Video

Once the FBI has a backdoor into your smartphone, everyone does

Once the FBI has a backdoor into your smartphone, everyone does Share This Home News Newswire Once the FBI has a backdoor into your smartphone, everyone does FBI director James Comey believes tech companies should be forced to insert back doors to bypass encryption on smartphones. But experts say once that happen,s security is moot and anyone can breach your privacy.

FBI director James Comey said this week thattech companies should not be allowed to put cryptographic locks on mobile devices so they can't be accessed by U.S. intelligence agencies.

Comey, speaking at the Brookings Institute yesterday, criticized reactions by Apple and Google in the post-Edward Snowden era to offer encryption on iPhone and Android smartphones.

Comey said locking the government out of mobile devices with encryption will endanger criminal investigations and national security because bad guys will be able to operate in a "black hole."

He also suggested the Obama administration may seek regulations to force tech companies to offer a backdoor for the government to unlock data stored on the smartphones. "Perhaps it's time to suggest that the post-Snowden pendulum has swung too far in one direction -- in a direction of fear and mistrust," Comey said. "Are we so mistrustful of government -- and of law enforcement -- that we are willing to let bad guys walk away?"

The problem with giving the government a backdoor into smartphones and other electronics is that it also opens them up to the bad guys, according to experts.

"Backdoors are nice, but they're exploitable. If we were to allow the FBI to have a backdoor, it would only be matter of time that someone who was not sanctioned by government would find their way into that door," said Jon Tanguy, senior technical marketing engineer from Micron, a maker of solid-state drives (SSDs).

Tanguy pointed out that not only are hackers smart and able to find backdoors, but any employee of a tech company who'd been involved in encryption deployment would be able to share that information.

Micron has standardized around self-encrypting drives (SEDs) for laptops and desktops for the past three years. The company is preparing to release SEDs for data centers, and it has refused to put in backdoors because doing so would essentially disable the government-grade AES 256-bit encryption on the drives.

Micron is not alone. Several solid-state drive (SSD) makers, including Intel, Samsung and Seagate, have chosen the Trusted Computing Groups Opal 2.0 AES 256-bit encryption specification to lock down products. The spec allows users to lock away data so securely that even a supercomputer would need years, if not decades, to crack the passcode.

See more here:
Once the FBI has a backdoor into your smartphone, everyone does

Daniel Smith Tone – Multi-variate functions based public-key cryptography – Video


Daniel Smith Tone - Multi-variate functions based public-key cryptography
Daniel Smith-Tone of the University of Louisville presented an invited talk on multi-variate functions based public-key cryptography at the 2014 PQCrypto sum...

By: Institute for Quantum Computing

Read the rest here:
Daniel Smith Tone - Multi-variate functions based public-key cryptography - Video