The Move Towards Healthcare Blockchains

  • Earlier this year Google’s British AI division DeepMind announced the launch of a blockchain like ledger for managing healthcare data.
  • The tokens, known as PTY, will be traded via a secure, closed loop ledger system that aims to connect up all parties in the healthcare ecosystem to allow for the exchange of health data within a highly-secure, blockchain powered health information exchange (HIE).
  • The company believe that their use of blockchain will encourage providers to offer better care to patients, whilst also adopting innovative practices that join up care more effectively through the sharing of patient data.
  • Using blockchain technology, Patientory encrypts medical patient information in hospitals and insurance companies so that it is not centralized data, but it is distributed, thus meeting HIPAA Security Rules.
  • We are certainly in the midst of a digital health revolution however, and whilst I’m not sure that blockchain will play an inevitable role in providing secure and patient centered data, it will it seems inevitably play its part in our move in that direction.

Earlier this year Google’s British AI division DeepMind announced the launch of a blockchain like ledger for managing healthcare data.  The aim is t…
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Fuzo

  • So how can a multi-vendor problem be solved for many devices?
  • >>> via Fuzo

    Each of these devices need a chip – FuzoToken is that chip!

“It’s possible the blockchain could end up being the single, secure token element to certify the authenticity of everything” 
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Ethereum startups don’t need Silicon Valley

#ethereum startups dont need Silicon Valley

  • To date, Silicon Valley has been known worldwide as the place to go to get your tech startup funded.
  • Now, though, a new kind of innovation infrastructure is being built using blockchain technology and, in particular, the Ethereum platform.
  • Ethereum has all the raw ingredients needed to build startups unconstrained by physical location: a highly liquid medium for value exchange (the Ether currency), a common system for application/business logic (smart contracts), and, most importantly, a culture that encourages and supports innovation.

To date, Silicon Valley has been known worldwide as the place to go to get your tech startup funded. Now, though, a new kind of innovation infrastructure is being built using blockchain technology and, in particular, the Ethereum platform. Unlike Sand Hill Road or San Francisco, it exists in an abstract, non-physical realm that is secure, decentralized, and distributed across the Internet. Ethereum has all the raw ingredients needed to build startups unconstrained by physical location: a highly liquid medium for value exchange (the Ether currency), a common system for application/business logic (smart contracts), and, most importantly, a culture that encourages and supports innovation. This is
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UK dealer charged in US over multimillion-dollar fake Bitcoin site scam

  • The Securities and Exchange Commission (SEC) alleged “the clandestine” Renwick Haddow, a UK citizen living in New York, diverted funds invested in a phoney Bitcoin site as well as from a flexible workspace firm Bar Works into accounts in Mauritius and Morocco, totalling $5m.
  • Andrew Calamari, director of the SEC’s New York office, said: “Haddow created two trendy companies and misled investors into believing that highly qualified executives were leading them to quick profitability.”
  • Haddow’s investors pumped more than $37m into Bar Works, which claimed to provide workspaces in old bars and restaurants, but in fact “primarily sold leases coupled with sub-leases that together functioned like investment notes”, the SEC said in a statement.
  • The commission alleged that throughout Haddow was “hiding his connection” to the companies “given his checkered past with regulators in the UK”, where he has faced similar charges for investment schemes.
  • According to a report in Crain’s, 27 investors from China filed suit in the state supreme court on 16 June seeking repayment of more than $3m invested in Bar Works, which they called a Ponzi scheme.

Renwick Haddow created ‘trendy’ companies and duped investors into thinking they were big successes, authorities in New York allege
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Accenture and Microsoft plan digital IDs for millions of refugees

  • Image copyright
    Reuters

    Image caption

    Accenture and Microsoft are working with ID2020 to build a digital ID network that refugees can access from anywhere

    Technology companies develop system to help the United Nations provide digital legal identification for refugees who have no official documents.Accenture and Microsoft have designed a digital ID network running on blockchain technology.The prototype connects existing public and commercial records so people can access their personal details from any location.

  • ID2020 is an alliance of governments, public sector organisations and technology companies working together to help the UN realise its goal.The system, which builds on Accenture’s existing biometrics identity management platform, will be tested with aid agencies in the near future.
  • How it works

    Image copyright
    Accenture

    Image caption

    Using the digital ID network, the refugee’s data from a previous employer can be authenticated and a “stamp” is issued

    Often when people arrive at a refugee camp for the first time, they don’t have anything to prove their identity, which is essential for a range of health, financial and education services.

  • Usually, several aid agencies at once will be trying to work with the same refugees, and, until now, there has not been a way for them to share data securely.In the future, when a refugee arrives at a camp, their face, irises and fingerprints could be scanned and the resulting biometric data stored, with their name, on one of the aid agency’s servers.The blockchain digital ID network then creates a “stamp” – a unique identifier between the refugee and the data on the servers – that proves they have been authenticated for each service they receive.
  • Eventually, they will have an album of stamps they can show to any provider or government to prove their identity digitally, without needing to worry about data going missing from various providers.What is blockchain?The blockchain is a method of recording data – a digital ledger of transactions, agreements, contracts, anything that needs to be independently recorded and verified as having happened.The big difference is that this ledger isn’t stored in one place, it’s distributed across several hundreds or even thousands of computers around the world.

A digital ID system running on the blockchain is being tested for the UN High Commissioner for Refugees.
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Civic Sells $33 Million in Digital Currency Tokens in Public Sale

  • NEW YORK — U.S. startup Civic has sold $33 million in digital currency tokens for its identity verification project in a public sale, the company’s co-founder and Chief Executive Vinny Lingham told Reuters.
  • The sale is the latest so-called initial coin offering (ICO), in which creators of digital currencies sell tokens to the public in order to finance their projects, in a similar way that companies raise money with an initial public offering, except there is no regulatory oversight.
  • Civic, which calls the move a “token sale” rather than an ICO, is building an identity network which will connect companies and users and has created 1 billion tokens to achieve that goal.
  • Of the 1 billion tokens created by Civic, 33 percent were offered in the public sale, which is continuing until June 28.
  • Proceeds from the sale of the tokens will count as revenue for the company, Lingham said.

NEW YORK — U.S. startup Civic has sold $33 million in digital currency tokens for its identity verification project in a public sale, the company’s co-founder and Chief Executive Vinny Lingham told Reuters.
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UK dealer charged in US over multimillion-dollar fake Bitcoin site scam

  • The Securities and Exchange Commission (SEC) alleged “the clandestine” Renwick Haddow, a UK citizen living in New York, diverted funds invested in a phoney Bitcoin site as well as from a flexible workspace firm Bar Works into accounts in Mauritius and Morocco, totalling $5m.
  • Andrew Calamari, director of the SEC’s New York office, said: “Haddow created two trendy companies and misled investors into believing that highly qualified executives were leading them to quick profitability.”
  • Haddow’s investors pumped more than $37m into Bar Works, which claimed to provide workspaces in old bars and restaurants, but in fact “primarily sold leases coupled with sub-leases that together functioned like investment notes”, the SEC said in a statement.
  • The commission alleged that throughout Haddow was “hiding his connection” to the companies “given his checkered past with regulators in the UK”, where he has faced similar charges for investment schemes.
  • According to a report in Crain’s, 27 investors from China filed suit in the state supreme court on 16 June seeking repayment of more than $3m invested in Bar Works, which they called a Ponzi scheme.

Renwick Haddow created ‘trendy’ companies and duped investors into thinking they were big successes, authorities in New York allege
Continue reading “UK dealer charged in US over multimillion-dollar fake Bitcoin site scam”