Accenture, Microsoft Team Up on Blockchain-Based Digital ID Network

@Accenture and @Microsoft Team Up on Blockchain-Based Digital ID Network - launch at #ID2020

  • “Without an identity you can’t access education, financial services, healthcare, you name it.
  • You are disenfranchised and marginalized from society,” David Treat, a managing director in Accenture’s financial services practice, said in an interview.
  • One of the main advantages of blockchain is that it allows systems of different organizations to communicate with each other, Yorke Rhodes, global business strategist at Microsoft, said in an interview.
  • The prototype was built on top of an existing Accenture platform, which powers the biometric identity management system used by the UN High Commissioner for Refugees.
  • Accenture and Microsoft, which worked on the prototype with managed service provider Avanade Inc, are inviting other companies to join their and Cisco Systems Inc are among the organizations involved in ID2020.

Accenture Plc and Microsoft Corp are teaming up to build a digital ID network using blockchain technology, as part of a United Nations-supported project to provide legal identification to 1.1 billion people worldwide with no official documents.
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Accenture, Microsoft Team Up on Blockchain-Based Digital ID Network

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Accenture Plc and Microsoft Corp are teaming up to build a digital ID network using blockchain technology, as part of a United Nations-supported project to provide legal identification to 1.1 billion people worldwide with no official documents.
Continue reading “Accenture, Microsoft Team Up on Blockchain-Based Digital ID Network”

Vancouver House For Sale In Bitcoin A Sign Of Suspicious Activity

  • Here’s something a little different: A home in the Vancouver suburb of Coquitlam is on sale on Craigslist.
  • The house is described as “new” in the ad and looks unlived-in in the pictures provided.The ad appears on the Vancouver and Hong Kong real estate pages of Craigslist.
  • Vancouver’s housing market has seen considerable cooling over the past year.
  • Home sales have fallen for much of the past year; nearly half the money flowing through the market has vanished; and price growth has stalled.But if this ad is an indicator of anything, it’s that foreign buyers are still playing in Vancouver’s housing market — they’re just doing it more on the sly now.China has been cracking down on cash outflows from its economy.
  • Some 98 per cent of bitcoin transactions had taken place in China recently, the Financial Times reported.So… a Vancouver house with an unidentified seller, seemingly unoccupied, posted for sale in Hong Kong and asking for payment in cryptocurrency … you put the pieces together.And if you’re planning to buy a house in Vancouver, you may want to stock up on some bitcoin first.Coming Soon: The Home StretchOur weekly newsletter delivers the news and analysis you need on Canada’s housing market.

If you’re planning to buy a house in Vancouver, you may want to stock up on some bitcoin.
Continue reading “Vancouver House For Sale In Bitcoin A Sign Of Suspicious Activity”

Vancouver House For Sale In Bitcoin A Sign Of Suspicious Activity

#Vancouver house can be yours for 2,099 bitcoin

  • Here’s something a little different: A home in the Vancouver suburb of Coquitlam is on sale on Craigslist.
  • The house is described as “new” in the ad and looks unlived-in in the pictures provided.The ad appears on the Vancouver and Hong Kong real estate pages of Craigslist.
  • Vancouver’s housing market has seen considerable cooling over the past year.
  • Home sales have fallen for much of the past year; nearly half the money flowing through the market has vanished; and price growth has stalled.But if this ad is an indicator of anything, it’s that foreign buyers are still playing in Vancouver’s housing market — they’re just doing it more on the sly now.China has been cracking down on cash outflows from its economy.
  • Some 98 per cent of bitcoin transactions had taken place in China recently, the Financial Times reported.So… a Vancouver house with an unidentified seller, seemingly unoccupied, posted for sale in Hong Kong and asking for payment in cryptocurrency … you put the pieces together.And if you’re planning to buy a house in Vancouver, you may want to stock up on some bitcoin first.Coming Soon: The Home StretchOur weekly newsletter delivers the news and analysis you need on Canada’s housing market.

If you’re planning to buy a house in Vancouver, you may want to stock up on some bitcoin.
Continue reading “Vancouver House For Sale In Bitcoin A Sign Of Suspicious Activity”