Streamr, the Decentralized Real-Time Data Economy, Joins the Trusted IoT Alliance – Blockchain News

By Richard Kastelein    October 10, 2017

Streamr, the decentralized peer-to-peer data sharing protocol, today announced that it has joined the Trusted IoT Alliance, an open source software consortium which aims to create a secure, scalable, interoperable, and trusted IoT ecosystem. Founded by industry leaders such as Bosch, BNY Mellon, Cisco, Gemalto, and U.S. Bank, the consortium seeks to standardize an open source Blockchain protocol to support IoT technology in major industries worldwide.

Streamr CEO and Co-founder Henri Pihkala said:

“The exponential growth of IoT and the ubiquity of connected devices brings unparalleled value to data, fully transforming the service sector, the supply chain and in turn the modern economy. Yet the rapid nature of that technological evolution has come at the cost of our security and freedom, a cost that has not gone unnoticed by industry leaders.”

More at: Streamr, the Decentralized Real-Time Data Economy, Joins the Trusted IoT Alliance – Blockchain News

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Tech titan Oracle launches enterprise-grade blockchain cloud service – EconoTimes

Tuesday, October 3, 2017 4:27 AM UTC

Multinational computer technology giant Oracle has announced the launch of Oracle Blockchain Cloud Service – an advanced, enterprise-grade distributed ledger cloud platform with industry-leading resiliency, scalability, and security.

Part of Oracle Cloud Platform, the blockchain cloud service is fully managed by Oracle and provides customers rapid provisioning and simplified operations with built-in monitoring, continuous backup, and point-in-time recovery. It would help customers increase business velocity, create new revenue streams, and reduce cost and risk by securely extending ERP, supply chain, and other enterprise SaaS and on-premises applications to drive tamper-resistant transactions on a trusted business network.

“Oracle Blockchain Cloud Service provides enterprise-grade blockchain capabilities and is able to accelerate innovation for on-premises ERP and cloud-based SaaS and PaaS customers. Enterprises can now streamline operations across their ecosystem and expand their market reach with new revenue streams, sharing data and transacting within and outside the Oracle Cloud,” said Amit Zavery, senior vice president, Oracle Cloud Platform.

More at: Tech titan Oracle launches enterprise-grade blockchain cloud service – EconoTimes

Gladius Using Blockchain As Global CDN And DDoS Mitigation System – NEWSBTC

12:00 pm October 2, 2017

It seems that nowadays the front pages of papers are inundated with news about cyber hacks.

First, it’s the Equifax hack, and next, it’s the SEC admitting, almost a full year later, that its filing system was breached in 2016.

Further, companies are seeking ways to increase webpage load times globally through CDN (content delivery network) services. Traditional systems are limited in their approach and feasibility.

As hackers grow in their sophistication, and costs for services like CDN hosting and DDoS mitigation continue to increase, consumers and regulatory bodies alike must be more vigilant than ever, and blockchain is there to help.

One lethal attack is called a distributed denial-of-service (DDoS).

In this scenario, multiple compromised computer systems gang up on a shared target, be it a server, network, or website. The compromised systems flood the target with messages, requests, and packets which often crash the system, resulting in a denial of service to legitimate users and systems.

Traditional, centralized software programs are oftentimes at a disadvantage in stopping DDoS attacks. Because of the way DDoS attacks work, once one computer system is breached, the others follow suit rather quickly. Traditional DDoS defense systems must absorb a lot of traffic, and thus can get overwhelmed. The incredible amount of processing power and bandwidth required to stop these attacks results in a pretty penny to system managers.

Moving to CDNs, these services can be very costly. Traditional platforms require companies to have servers all around the world so that access to the specific site from any server anywhere can be rapid. Such systems can be prohibitively expensive in today’s data-rich internet world since they charge on a per GB basis.

As is the case in so many industries, blockchain technology is pioneering a new way to combat malicious DDoS attacks, while at the same time decentralize and democratize CDN services.

Gladius, a promising blockchain startup, offer decentralized platforms that protect and streamline server processes, creating a distributed CDN, while also providing sufficient bandwidth to neutralize DDoS attacks.

More at: Gladius Using Blockchain As Global CDN And DDoS Mitigation System – NEWSBTC

Former White House CIO Joins COBINHOOD as Strategic Advisor – NewsCenter.io

COBINHOOD, a next-generation cryptocurrency service platform, today announced that former White House CIO Tony Scott has signed on as COBINHOOD’s chief strategic advisor. In this role, Scott will provide COBINHOOD guidance surrounding blockchain technology and the global regulatory landscape.

Scott was the third U.S. federal chief information officer and served during the Obama administration from 2015 to 2017. During his tenure, he was involved in leading multiple digitalization and blockchain-themed projects, as well as improving the cybersecurity of technology in government.

More at: Former White House CIO Joins COBINHOOD as Strategic Advisor – NewsCenter.io

Accenture and Hyperledger Host ‘Blockchain for Good Hackathon’ in Dublin, Inviting Coders to Help Develop Solutions for Digital Identities and Eco-friendly Supply Chains – Press Release – Digital Journal

DUBLIN–(Business Wire)–Accenture (NYSE: ACN) and Hyperledger, a collaborative cross-industry effort hosted by The Linux Foundation to advance blockchain technology, have teamed to host the inaugural “Blockchain for Good Hackathon” taking place at The Dock, Accenture’s multidisciplinary research and incubation hub, on Saturday, Sept. 30 and Sunday, Oct. 1. The two organizations are inviting developers across Ireland to help apply blockchain technology to develop game changing ideas and solutions for providing secure digital identities and sustainable, eco-friendly supply chains.

The grand prize winning team will receive an 8,500 EUR cash prize and a two-day all expenses paid trip to visit Accenture’s Blockchain Center of Excellence in the South of France to develop their hack into a proof of concept. Blockchain is a new type of database system that enables multiple parties to share access to the same data with an extremely high level of confidence and security.

“Blockchain technology is on course to revolutionize how the world exchanges value, information and material,” said David Treat, event co-host and managing director in Accenture’s global blockchain practice. “This hackathon is geared to channel these innovations for humanitarian and environmental benefit, beginning with the right to identity and the need for environmentally sustainable supply chains. And we’re calling on the many talented engineers in this region to help.”

More at: Accenture and Hyperledger Host ‘Blockchain for Good Hackathon’ in Dublin, Inviting Coders to Help Develop Solutions for Digital Identities and Eco-friendly Supply Chains – Press Release – Digital Journal

Change Healthcare Adopts Linux Hyperledger Fabric – BlockTribune

US-based healthcare IT firm Change Healthcare is developing a blockchain solution for enterprise-scale use in healthcare. The solution will enable payers and providers to boost revenue cycle efficiency, improve real-time analytics, cut costs, and create innovative new services.

Change Healthcare is a provider of revenue and payment cycle management and clinical information exchange solutions, connecting payers, providers, and patients in the US healthcare system.

Change Healthcare CEO Neil de Crescenzo said the company is collaborating with customers and organizations such as the Linux Foundation’s Hyperledger project to make the benefits of blockchain technology broadly available and develop additional, advanced use cases.

“We are excited to work alongside our customers and partners to make blockchain real in healthcare,” said de Crescenzo. “As today’s healthcare system becomes more value-based, it’s essential that we aggressively and pervasively introduce new technologies into healthcare at scale—whether they leverage blockchain, artificial intelligence, or other emerging capabilities with the potential to improve outcomes and efficiencies. We are initially introducing blockchain technology to create a distributed ledger that makes claims processing and secure payment transactions work more efficiently and cost effectively for all healthcare stakeholders.”

The company will employ Hyperledger Fabric 1.0, an open source blockchain framework and one of the Hyperledger projects hosted by the Linux Foundation, as its foundation for blockchain application design and development. Change Healthcare is a premier member of the Hyperledger governing board, and will be contributing code innovations back to the open source community to improve blockchain applications for the US and global healthcare industry.

More at: Change Healthcare Adopts Linux Hyperledger Fabric – BlockTribune

Patientory’s Journey to Change Healthcare – Nasdaq.com

Blockchain healthcare company Patientory has been busy since Bitcoin Magazine first covered the organization in May.

The company, which is putting electronic medical records (EMRs) on an Ethereum-based blockchain for better security, has obtained funding and partnerships to help promote its concept. By the time it launches its enterprise solution, the company wants to give medical practitioners healthcare at their fingertips – and easy account settlement for patients and healthcare payers alike.

Patientory released its payment token, “PTOY,” on May 31. The three-day token sale raised $7.2 million from over 1,700 purchasers. The company is using the funding to launch its smart contract-based platform for EMR storage and patient payment processing.

 “The healthcare system is fragmented,” explained Chrissa McFarlane, CEO of Patientory. As McFarlane pointed out, Patientory “really brings together the industry as a collective toward reducing costs and improving not only the U.S. healthcare infrastructure but the global healthcare ecosystem.”

More at: Patientory’s Journey to Change Healthcare – Nasdaq.com