Author Archives: Schmitt Trading Ltd

Ensuring trust in digital records and transactions is hard; the blockchain is an important solution. Robert Bagnall/YouTube, CC BY Ari Juels, Cornell University and Ittay Eyal, Cornell University In 2008, short of sending a suitcase full of cash, there was essentially just one way for an individual to send money between, say, the United StatesContinue reading “Blockchains: Focusing on bitcoin misses the real revolution in digital trust”

Black-legged ticks carry Lyme disease, which continues to spread widely across the United States. CDC/Michael Levin Jory Brinkerhoff, University of Richmond It’s summer, a time to hike, garden, vacation – and to be on the lookout for ticks. From Lyme disease to lesser-known illnesses like Heartland virus disease, ehrlichiosis and Colorado tick fever, tick-borne diseaseContinue reading “Tick bites: Every year is a bad tick year”

The ASX will use blockchain technology to clear trades. Image sourced from www.shutterstock.com Adrian Lee, University of Technology Sydney and KIHoon Hong, Hongik University Recently the Australian Securities Exchange (ASX) bought a $15 million stake in Digital Asset Holdings, a developer of blockchain technology. One of the main reasons is to upgrade its share registryContinue reading “How blockchain technology is about to transform sharemarket trading”

No need for a bank: Just a smartphone and a blockchain. Houman Haddad/UN World Food Program Nir Kshetri, University of North Carolina – Greensboro Big Wall Street companies are using a complicated technology called blockchain to further increase the already lightning-fast speed of international finance. But it’s not just the upper crust of high financeContinue reading “Can blockchain technology help poor people around the world?”

Public warning alerts using embedded Cell Broadcast feature on Android 7.1 Cell Broadcast (CB) is a method of sending messages to multiple mobile telephone users in a defined area at the same time. It is defined by the ETSI’s GSM committee and 3GPP and is part of the 2G, 3G, 4G LTE (telecommunication) and 5GContinue reading “Cell Broadcast”

More cryptocurrencies appear all the time. Wit Olszewski/Shutterstock.com Nir Kshetri, University of North Carolina – Greensboro When malicious software takes over computers around the world, encrypts their data and demands a ransom to decode the information, regular activities of governments, companies and hospitals slam to a halt. Sometimes security researchers release a fix that allowsContinue reading “Are cryptocurrencies a dream come true for cyber-extortionists?”

People are warned that what they post on the internet will live forever. But that’s not really the case. 3alexd/E+ via Getty Images Kayla Harris, University of Dayton; Christina Beis, University of Dayton, and Stephanie Shreffler, University of Dayton This year the Internet Archive turns 25. It’s best known for its pioneering role in archivingContinue reading “The Internet Archive has been fighting for 25 years to keep what’s on the web from disappearing – and you can help”

Now you see it, now you don’t. Syda Productions/Shutterstock.com Nir Kshetri, University of North Carolina – Greensboro Cryptocurrencies like bitcoin are based on systems that are supposed to be inherently protected from fraud. Yet the U.S. Department of Justice has opened a criminal investigation into manipulation of bitcoin prices. How is that sort of activityContinue reading “How can criminals manipulate cryptocurrency markets?”

Neil Gandal, Tel Aviv University and Tyler Moore, University of Tulsa Cryptocurrencies like bitcoin have grown in popularity in large part because they can be bought and sold without a government or other third party overseeing everything. But there’s a flipside: Unlike in markets for other assets such as stocks or bonds, it makes itContinue reading “Bitcoin price manipulation puts trust in cryptocurrencies at risk”

What’s this digital token good for, anyway? knipsdesign/Shutterstock.com Stephen McKeon, University of Oregon People are just becoming acquainted with the idea of digital money in the form of cryptocurrencies like bitcoin, where transactions are recorded on a secure distributed database called a blockchain. And now along comes a new concept: the blockchain-based token, which I’veContinue reading “What is a blockchain token?”