Latest Tech News

DLT, AI task force chief calls for tokenized Kenyan economy
Tech 27 September 2018

DLT, AI task force chief calls for tokenized Kenyan economy

Kenya may likely be moving towards tokenizing its economy to solve the alarming rate of corruption and unemployment in the country, following suggestions made by Bitange Ndemo, chairman of Kenya's Distributed Ledgers and Artificial Intelligence task force.

Malaysia wants to put major industries on blockchain
Tech 26 September 2018

Malaysia wants to put major industries on blockchain

The Malaysian government is seeking to utilize blockchain to increase transparency, sustainability and logistical efficiency of its three largest industries—renewable energy, palm oil, and Islamic finance.

IBM files patent for blockchain-based drone fleet security
Tech 21 September 2018

IBM files patent for blockchain-based drone fleet security

Tech giant IBM is seeking to patent a system that will utilize distributed ledger technology (DLT) to address security and privacy concerns following the increasing popularity and usage of drones—both commercially and for recreational purposes

Researchers discover new crypto malware-killing
Tech 20 September 2018

Researchers discover new crypto malware-killing botnet

Known as Fbot, the botnet appears to be based on derivative software from Mirai, an application generally used in DDoS attacks. In this case, the botnet searches for cryptojacking malware before replacing its code, thereby neutering its bad effects.

Why Satoshi's original proof-of-work model works
Tech 19 September 2018

Why Satoshi’s original proof-of-work model works

A Medium post details the original proof-of-work (POW) concept that is an integral part of the cryptocurrency model. Many crypto opponents have deemed the POW concept as being wasteful, but author Dan Held is able to show the fallacy in their argument.

Indian gov’t websites ‘cryptojacked’ to mine cryptos
Tech 18 September 2018

Indian gov’t websites ‘cryptojacked’ to mine cryptos

Security researchers have identified “hundreds of Indian sites,” including that of the director of municipal administration of Andhra Pradesh (AP), Tirupati Municipal Corporation and Macherla municipality, that have been infected by a cryptojacking malware.