Industry Report: The USPS Does Digital Currency
bitcoin

Industry Report: The USPS Does Digital Currency

THELOGICALINDIAN - The United States Postal Service USPS and the blockchain accompany easily Mt Gox creditors aim to get whats endemic and Swift gets slowed bottomward by coffer breaches Want to see what youve been missing in agenda bill account Take a ankle at the belief below

Also read: Industry Report: Lisk, the First ‘modular’ Currency?

USPS

USPSAre the United States Postal Service and the blockchain the agenda world’s new ability couple? According to a new report, that’s how things appear. Titled, “Blockchain Technology: Possibilities for the U.S. Postal Service,” and authored by consulting close Swiss Economics, the address states that:

The blockchain could potentially aid the postal account in four audible areas: character management, accumulation alternation management, accessory administration and banking services. The USPS has additionally appear affairs to advance its actual own cryptocurrency accepted as Postcoin, meant to “help aggrandize and access the ability of the money barter account which it already offers.” The postal account could either accompany an absolute accessible blockchain or actualize its own off the bat.

MT. GOX BILL

Mt. GoxJapan has appear a new bill that will baby-sit the adjustment of agenda bill exchanges. Since the Mt. Gox debacle, several accept been larboard bleeding in the streets, and efforts at re-obtaining the absent funds accept produced little to no results.

Japan’s assembly has accustomed the bill afterward massive claims filed by every Mt. Gox creditor. As one antecedent states, the absolute bulk claimed by the creditors exceeds $2.4 abundance USD.

In aboriginal 2015, San Francisco-based agenda barter Kraken fabricated headlines back it appear that it would baby-sit and acquire all approaching claims fabricated by the corresponding creditors gluttonous to apperceive the abode of their absent investments. According to CEO Jesse Powell:

The new law will crave “exchange operators to annals with the Financial Services Agency, which will be accustomed to do on-site inspections and affair authoritative orders as needed.”

SWIFT

SWIFTWhat’s worse than one or two banking breaches? How about 12? That’s the cardinal of abeyant breaches acquittal arrangement Swift is anon investigating afterward the arising of funds from three above banks which currently totals about $90 actor USD in baseborn money.

At present, it is not absolutely bright if funds were taken from all the banks in question, but such a massive operation can alone be labeled as a specific and targeted attack adjoin Swift itself. Several barter accept stepped advanced and bidding acrimony with the acquittal network, ambitious that aegis measures be strengthened, and for the moment, assurance is ultimately actuality put to the test.

Know of any belief that should be included in our industry reports? Post your thoughts below!

Images address of japantimes.co.jp, p2pcash.com, foliomag.com.