Filipino Breach: How Blockchain Can Bring Privacy Revolution To Masses
Personal data of 55 million Filipinos, including their fingerprints, was recently hacked and posted online, but the international media don't seem concerned. All we hear is Putin, Cameron, Abitabh Bachchan and the juicy Panama Papers. People's privacy seem to be of no concern. Does privacy of the masses matter and who is responsible for it? The leak of data from the Philippines Election Commission follows other large government leaks, from Turkish Residency Database to the US Office of Personnel Management files. In March 2016, there was a massive breach in the database of the Philippines'....
Related News
Just a week ago, Filipino congresswoman Kimi Cojuangco introduced a bill in the Filipino House of Representatives that would create a government-backed digital currency that would serve as an official medium of exchange for domestic online payments. This digital currency, known as the "e-peso," was proposed as part of the E-Peso Act of 2014. The e-peso that would be at par with the country's official currency the Filipino Peso would be used as legal tender. Of interest to the bitcoin industry is that in its current form, the bill would require the Filipino central bank, the Bangko Sentral....
Filipino Bitcoin startup Satoshi Citadel Industries (SCI), has raised an additional US$100,000 as part of its ongoing seed funding round. Through this investment, serial entrepreneur Joe Maristela hopes to encourage other angel investors to consider putting money into the Philippines’ burgeoning tech industry. Commenting on the new fundraising, John Bailon, CEO and co-founder at SCI, told CoinTelegraph: "It’s refreshing to have an investor like Mr. Maristela, who maintains a proactive involvement with us and shares our passion for Bitcoin and what it can do for the Philippines. His....
Podcasting 2.0 has the potential to be the first “killer app” outside of using bitcoin as a sound savings vehicle, likely bringing bitcoin to the masses.
From among 34 contenders, a Filipino startup – OneWatt grabbed the top spot for this year’s GreenOvation held last October 3, 2015. Philippines is a tropical country. The consumption of electricity that exceeds the budget of most Filipino households due to heat causes monthly bills to continuously increase. OneWatt has found a way to solve this issue that everyone thought hopeless. The said Filipino Startup created an energy storage system called “energon” that’s brilliant enough to help each household be able to manage electrical fluctuations. Energon then works to determine the perfect....
Many participants at the Revolution Banking 2016 event in Spain were interested in the Blockchain technology, which resulted in a lively discussion during the event Where is the blockchain heading? Whether the distributed ledger technology really has the potential to solve the issues currently faced by the banking and financial sector? These were some of the topics discussed in the last month’s Revolution Banking 2016 summit, which happened in Madrid, Spain on the 10th of May 2016. Revolution Banking 2016 was an event focused on new technologies, innovations, and collaborations in the....