ShapeShift Security Chief Michael Perklin: "2017 Will Be the Year of Blockchains"
Digital currency trading company ShapeShift understands the increasing importance of offering secure services safe from the hacks that have plagued the space in the last year, and has turned to Canadian security expert Michael Perklin to step in as the new Chief Information Security Officer. Perklin first collaborated with ShapeShift (based in....
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ShapeShift has recently announced that Michael Perklin has joined the team as Chief Information Security Officer. Cointelegraph has caught up Michael Perklin and Erik Voorhees, CEO and Founder of ShapeShift, on their way from Satoshi Roundtable and asked to elaborate on some key security concerns that come with Blockchain technology. Coming back stronger. Unfortunately, hacks are still inevitable, and ShapeShift suffered a breach in April 2016. A significant sum from the company’s hot wallet was stolen but not a cent of customer funds was lost, stated Erik Voorhees, the company’s CEO the....
In the wake of 2016's ever-escalating blockchain hype, 2017 has given way to sometimes dire predictions about the industry's prospects ahead. Deloitte principal Eric Piscini, for example, has gone so far as to label 2017 the blockchain industry's "make-or-break year", arguing that unless the financial services industry can demonstrate "real-world implementations", the technology risks succumbing to "boardroom fatigue". And he's not alone in positioning this as the narrative for the year. But, is this prognosis too dire? And just how patient can organizations,....
Saxo Bank wouldn't be surprised if the bitcoin price saw big gains next year. The Danish investment bank recently published its annual "Outrageous Predictions for 2017", a collection of speculations that it stressed represents more of a fringe outlook than anything official. At the same time, the bank said that these "outlier" predictions represent its attempt to get those in the financail industry to think about more extreme possibilities for the year ahead. In addition to off-the-cuff calls that the UK won't actually leave the European Union and that Italian equity....
For this post, I will use the phrase "industry workflow tools" instead of industry blockchains, as some of the emerging solutions being proposed in this space are not blockchains (eg: R3’s Corda is not a blockchain but DAH's solutions are – both companies are proposing industry workflow tools). But, just as it’s not helpful to call Twitter and Microsoft Sharepoint "database companies" although they both use variations of databases, it’s not helpful to call cryptocurrencies, cryptocurrency companies, blockchain platforms and industry workflow tool companies....
A new resolution submitted to the US House of Representatives calls for the development of "a national policy for technology" that would include digital currencies and blockchain technology. It invokes the idea of bitcoin without calling it by name – referring to "alternative non-fiat currencies" – and blockchain tech, which it says has the potential to "fundamentally change" how trust and security are established in online transactions. The non-binding resolution is sponsored by Rep Adam Kinzinger, a Republican from Indiana; and Representative Tony Cardenas,....