Blockchain Technology: Making Smart Guns Smarter

Blocksafe, a blockchain-based system that provides secure access, personal monitoring and control of “smart” guns, will use Lisk sidechain technology to build out its blockchain and will issue a new token for use on that chain called “Trigger” (TRIG). Lisk is a public blockchain platform that provides decentralized blockchain apps. Smart guns have embedded computers to enhance safety by preventing anyone other than authorized parties from firing the weapons. Smart Guns Controversial. Smart guns have, nonetheless been controversial within the gun industry. Some gun enthusiasts see such guns....

Will blockchain technology make “smart guns” more acceptable? Kevin Barnes, chairman and CEO of Blocksafe, thinks he has a good chance. The blockchain brings improved security and privacy to “smart gun” technology, which could appease critics. Smart guns have embedded computers to enhance safety by preventing anyone other than authorized parties from firing the weapons. In some cases, the computers ensure that the guns only fire when aimed at inanimate targets. Smart Guns Are Controversial. Some gun enthusiasts see such guns as a step towards gun control. Some critics also think the....

Blockchain-based startup, Smart Defense Technologies, has announced the introduction of Blocksafe, the first ever “smart gun” system that utilizes blockchain technology. The Blocksafe infrastructure works for smart devices and locks that mount on guns, allowing gun owners to effectively monitor and control the use of their weapons. Blocksafe Chairman and CEO Kevin Barnes is a military veteran and blockchain developer who saw a problem with the adoption of nascent “smart gun” technologies, which the government could eventually monitor and control. Enter Blocksafe, the world’s first....

With the Trump effect and the promise of lower corporate tax rates (35 percent to 15 percent), we are likely to see a resurgence of moving jobs back onshore. However, not all of this will be done by people. Overcapacity in outsourcing. Why would any organization these days outsource anything using offshore labor arbitrage? As many IT (ITO) and business process outsourcing (BPO) contracts come up for renewal, the question remains, how many rebids will be successful - 50 percent, 25 percent or 10 percent? There is overcapacity in outsourcing as demonstrated by further mergers - HP acquiring....

Smart contracts are a key underpinning of blockchain technology, yet they are still misunderstood in many ways. In the fullness of their deployment, they will be no less revolutionary than the invention of the HTML markup language that allowed information to be openly published and linked on the Web. Smart contracts promise to program our world on the head of blockchains, and potentially replace many functions currently executed by expensive or slow intermediaries. Historically, the concept was first introduced by Nick Szabo in 1994. Smart contracts then had a long gestation period of....