DNA Block Chain Project Boosts Research, Preserves Patient Anonymity
Justin Zimmerman leads business development at Black & White Technologies (BWT), which works on merchant acceptance, remittance and smart contracts in the cryptocurrency space, and also consults on Japanese-Israeli market entry. Israeli startup DNA. Bits has announced plans to store genetic and medical record data using block chain technology similar to that which underpins the bitcoin network. The novel concept will make the genetic information fully accessible to the researchers who need it, while using strong private keys to maintain digital DNA-wallet privacy and individual anonymity.....
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Bitcoin will be the sixth largest global reserve currency by 2030, according to research by Silicon Valley investment firm Magister Advisors, which surveyed some 30 block chain companies, the International Business Times reported. The research also indicates banks will invest $1 billion in block chain technology in the next few years and that the block chain will become the rails on which finance runs. Block chain is "without question" the most important enterprise IT development in a decade, said Jeremy Millar, a partner in the investment firm. He characterized the block chain as being on....
The global financial industry continues to study the block chain with increasing vigor. The SWIFT Institute, a La Hulpe, Belgium-based financial research organization, is seeking proposals for a pair of research grants on block chain capabilities. Each 15,000 EUR grant is for block chain research, one in securities and the other in intraday liquidity. Proposals must be submitted by Aug. 7. In each case, the institute will pay half of the 15,000 euros immediately and the balance on acceptance of a working paper. The institute will publish each working paper to the global financial industry....
In yet another example of the numerous applications of block chain technology, a New York-based subsidiary of Global Arena Holding called Global Election Services is keen to explore applications that aid in secured block chain voting. Block chain technology is being tapped into by banks, research companies, stock markets like NASDAQ and even government entities such as the UK Treasury. With accurate record-keeping as an incorruptible digital ledger, a block chain's applications are a varied sort while offering staggering potential due to its efficiency and clarity. The democratic process....
Martin Harrigan is a computer scientist and software developer. He is the founder of QuantaBytes, an Irish startup developing a suite of tools for analyzing and visualising bitcoin's block chain. He is also the co-author of one of the earliest academic papers to study the network properties of the block chain and its implications for anonymity. The block chain is a decentralised, consensus-driven ledger of every successful bitcoin transaction to date. As of the 300,000th block, the ledger includes over 38 million transactions. Aside from being a monumental technical achievement, the block....
The adoption of block chain technology will revolutionize capital markets as early as next year, according to a report by TABB research carried by CNBC TV. The report noted that the adoption is not a matter of if, but when. The TABB Group is a New York City-based company that provides insight on securities and investment management. The block chain, the report noted, serves as a big, decentralized ledger that records transaction information and stores it on a global network that can't be tampered with. It noted that R3, a fintech company, leads a 20-bank consortium that is developing a....