Large-scale data breaches and the abuse of data by cybercriminals have become an everyday reality. Data is being utilized to drive massive profits in big tech and beyond. In 2018, a breach at Marriott Hotels resulted in 500 million records being stolen, and just earlier this year, Facebook had an enormous break where the details from 533 million users were taken. Cirus is offering individuals new financial opportunities through data monetization using the power of Web 3.0. With over 4,000 Cirus devices currently deployed in real households, the Cirus team is aiming to propel a new ownership economy. By harnessing …

A medical ecosystem has revealed how it is shaking up the way patients are treated — all while ensuring that healthcare data is used to its full potential. Speaking in an ask-me-anything session with Cointelegraph, Aimedis said that its cutting-edge ecosystem is designed to benefit everyone. Based on the blockchain, it aims to bring together a range of e-health applications — including prescriptions, medical records, video chats, appointments and second opinions — all while allowing patients to connect the smart watches that store their data. Aimedis also plans to turn anonymized medical data into NFTs. This can then be purchased …

PlatON Network is an internet infrastructure protocol focused on preserving privacy. The network uses cryptographic algorithms, which include Secure Multi-Party Computation (MPC), Zero-Knowledge Proof (ZKP), Verifiable Computation (VC), Secret Sharing (SS) and homomorphic Encryption (HE). The decentralized platform uses the technology to ensure the free circulation of data assets around the world. James QU, chief technology officer at PlatON Network, talks about the issues the platform is tackling, its current focus and future plans, and the company’s vision in a conversation with Cointelegraph. 1. The PlatON Network is largely focused on the concept of trustless computing. Can you explain what …

Global Shipping Business Network (GSBN) has launched a new blockchain-based platform that could potentially track one-third of shipping containers across the globe. The GSBN was incorporated in March 2021 by eight global national freight maritime cargo companies to build a blockchain platform that digitizes shipping processes, such as document issuance, clearance and logistics data. Members of the Hong-Kong-based nonprofit consortium GSBN are said to “account for one in every three containers handled in the world,” and this may soon be verifiable on the blockchain once the platform is fully utilized. The GSBN announced the launch of the new blockchain platform …

Decentralized data aggregator SubQuery has concluded a $9 million funding round to build Polkadot’s first data aggregation layer, a move that could strengthen data indexing for the emerging interoperability network. The investment funds will be used to continue building SubQuery’s data indexing infrastructure for all Polkadot and Kusama applications, the company announced Wednesday. SubQuery also announced the investment would help it expand its technical abilities and support the open-sourcing of its software. This investment round was co-led by Arrington XRP Capital, Digital Currency Group and Stratos Technologies with additional participation from Hypersphere Ventures, NGC Ventures, Wintermute and Skynet Trading. Previously, …

Human Protocol is a blockchain infrastructure designed to decentralize human labor by supporting the growth of digital job marketplaces. After recently launching on the Ethereum mainnet, the protocol has now gained the capacity to fully automate the lifecycle of data labeling jobs, enabling the collaboration of humans and machines to create and complete a host of real-world, fungible assignments. Working with artificial intelligence and machine learning technologies, users can now be rewarded in Human’s native token, HMT, for the successful completion of anti-bot visual challenges, such as the identification of traffic lights in a grid image. This data is then …

Today’s consumers are willing to trade their data for personalization but have fast-growing concerns about data privacy. In a survey from a digital security and credential issuance company Entrust, only 21% of the respondents trust established global brands to keep their personal information secure. As data privacy pressure on Big Tech increases, these companies are starting to make significant investments in security solutions. Regulations around the world are evolving rapidly Last year, as more and more people spent time at home due to COVID-19 lockdowns, internet usage went up. And as usage has gone up, so too has consumer awareness …

A Bitcoin (BTC) on-chain indicator that spotted dead cat bounces during the yesteryear bearish market corrections has flashed again in August 2021. Dubbed "Bitcoin: Short Term Holder NUPL," the indicator takes into account the unspent transaction output, or UTXO, of BTC transactions not more than 155 days old. In doing so, it attempts to determine whether an investor is profitable within 155 days of purchasing and holding Bitcoin. Therefore, if the NUPL, which stands for "net unrealized profit/loss," returns a reading below zero, it means investors are making a loss on their Bitcoin investments. Conversely, a NUPL above zero shows …

James QU, currently the CTO at PlatON Network, comes from a traditional corporate background. Before joining PlatON, he worked as an executive director for Morgan Stanley and associate director for UBS Securities Tokyo. “I focused on electronic and algorithm trading for decades,” he shared. In 2015, following the Chinese market crash, QU left Morgan Stanley, where he had worked for over nine years, and started an algorithmic trading company, which remains one of the top companies in China till this day. QU was first introduced to blockchain technology in 2016 and admitted that he realized right away that it would …

If Facebook happened to be a human being, where would he/she/they currently be? Most likely in prison… for a very long time. The company’s transgressions are too numerous to list. But Facebook is not human; it’s a company, and a very profitable one, at that. In fact, it’s now one of the most profitable companies in the world. Facebook’s market capitalization has recently surpassed the $1 trillion mark. When we think of Facebook — more specifically, Facebook Inc. — we tend to think of a social media platform that is somewhat dated. However, it is important to remember that this …

India’s regulatory uncertainties have not affected the investor’s sentiment toward crypto as the latest data from crypto exchanges suggests a rising influx of users. Binance-owned Indian crypto exchange WazirX reported 2,648% growth to date in user signups from smaller cities across India, also known as tier-II and tier-III cities, which can host up to 100,000 citizens. The Mumbai-based exchange reported: “Tier-II and tier-III cities have driven almost 55% of total user signups on WazirX in 2021.” The data also highlighted a rise in the number of female investors and enthusiasts across the country. Out of all the signups attributed to …

Institutions have not left the Bitcoin (BTC) market even in the face of a 50%-plus bearish correction earlier this year, shows data provided by Glassnode. The blockchain analytics platform reported on Monday that the dominance of Bitcoin transactions exceeding $1 million has surged twofold since September 2020 — from 30% to 70% of the total value transferred. Since retail investors do not typically engage in large-volume transactions, Glassnode guesses that the institutional investors might have been behind the spike in the $1 million–$10 million transaction group. Moreover, the platform noted that the Bitcoin network processed the said bulky transactions as …