Commonwealth Secretariat Unveils Secure Blockchain Messaging App
The Commonwealth Secretariat, the executive arm of the 53-member Commonwealth of Nations, has launched a blockchain-powered secure communication tool geared for governments and law enforcement. Developed in partnership with UK-based startup Digital Identity Security Company (DISC), the project is designed to offer a secure means of communication for government and law enforcement agencies within the Commonwealth. The move comes more than a year after the Secretariat first waded into investigating cryptocurrencies by way of commissioning a report on the topic. That report, released in....
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The British Commonwealth announced on 3rd May that there is a project to develop a Blockchain app to combat cross-border crime. A secure messaging system will be created to help law enforcement and prosecutors in member countries to co-operate more effectively in criminal investigations. The planned project was announced at the 3-day virtual currency and blockchain conference, Consensus2016, which commenced on 28th April in New York. Built on the blockchain technology which supports virtual currencies such as Bitcoin it will be a record of digital events which can only be updated by....
The Commonwealth Secretariat is set to hold a hearing on digital currencies from 17th to 18th February to identify how the nascent technology might benefit consumers in the developing world. Called the Virtual Currency Round Table, the two-day event will feature representatives from Europol, the International Monetary Fund (IMF), Interpol and the United Nations Office on Drugs and Crime. Deputy secretary general of the Commonwealth Secretariat Josephine Ojiambo indicated in statements that the intent of the meeting is to highlight the benefits of bitcoin and other digital currencies, while....
A two-day event that brought together representatives from the Commonwealth Secretariat has ended with agreement that member states draft a formal report on virtual currencies. The main intergovernmental body behind the Commonwealth of Nations, the Commonwealth Secretariat represents 53 states, mainly in the developing world. The final report will be presented at the Commonwealth Heads of Government Meeting to be held in Malta from 27th to 29th November. A spokesperson for the organisation provided further details of potential subject matters the report might discuss, telling CoinDesk: "At....
The Commonwealth Virtual Currencies Working Group will meet for the first time next week to discuss the management of cryptocurrencies, such as bitcoin. The specialist group, formed by the Commonwealth - a voluntary association of 53 independent countries, almost all of which were formerly under British rule - is made up of members from the Commonwealth Secretariat, Australia, Barbados, Kenya, Nigeria, Singapore, Tonga and the UK. Along with the International Monetary Fund (IMF), the World Bank, intergovernmental organisation Interpol and the United Nations Office on Drugs and Crime....
Central bankers and senior finance officials from the Commonwealth are set to discuss bitcoin and digital currencies within the context of global remittances during a meeting tomorrow. The event is part of a two-day gathering of officials from the intergovernmental organization on 6th and 7th October. Comprised of 53 member-states, the Commonwealth is among a growing number of intergovernmental bodies to conduct work on digital currency issues. In late August, the Commonwealth Secretariat's Virtual Currency Working Group advocated that member nations move toward regulating the technology.....