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US Treasury Official says IRS is Assessing Models for Crypto Tax Reporting Rules

US Treasury Official says IRS is Assessing Models for Crypto Tax Reporting Rules

The IRS is developing domestic reporting rules for cryptocurrency taxation and assessing different models, according to a Treasury Department official at an OECD event.

Exploring Blockchain Data Models: UTxO, Account-Based, and Sui's Object-Oriented Approach

Exploring Blockchain Data Models: UTxO, Account-Based, and Sui's Object-Oriented Approach

A deep dive into blockchain data models: UTxO, account-based, and Sui's object-oriented approach, highlighting their impact on scalability, security, and user experience.

Blockchain Can Empower Organizations to Monetize Their Data and Make Revenue

Blockchain Can Empower Organizations to Monetize Their Data and Make Revenue

Many organizations don’t know that they can monetize their data and make a profit. But firms can now apply blockchain for data monetization.

NBA Sacramento Kings Leverage Blockchain for Authentic In-Game Gear Purchases

NBA Sacramento Kings Leverage Blockchain for Authentic In-Game Gear Purchases

Sports teams continue to adopt and implement blockchain into their business models, helping fans and security.

Samsung Launches New Secure Element Chip to Enhance Data Protection for Crypto Transactions

Samsung Launches New Secure Element Chip to Enhance Data Protection for Crypto Transactions

South Korean tech giant Samsung has announced a new revolutionary turnkey security solution to secure cryptocurrency transactions on its smartphones and tablets. Cryptocurrency transactions are one of the primary purposes of Samsung’s new Secure Element chip, which is expected to be available in Q3 2020. The solution involves a Secure Element (SE) chip S3FV9RR, which is Common Criteria Evaluation Assurance Level (CC EAL) 6+ certified. The new SE chip along with enhanced software is designed to offer higher protection for tasks including booting, isolated storage, mobile payment, and other applications.

Bitcoin Analyst: Bitcoin Futures Do Not Manipulate Bitcoin Price In Spot Market

Bitcoin Analyst: Bitcoin Futures Do Not Manipulate Bitcoin Price In Spot Market

According to a Bitcoin analyst, PlanB, creator of one of the most accurate Bitcoin price models, on April 7, 2020, claimed that Bitcoin Futures do not affect the price of Bitcoin in the spot market. In his tweet, he said that Bitcoin prices stayed within the S2F bands even when Bitcoin was at its all-time-high (ATH) in December 2017 which many people claim was suppressed by the introduction of Bitcoin Futures in Chicago Mercantile Exchange (CME) in 2017.

Crypto Data Platform Offers Digital Asset Data to Institutional Clients via BT Radianz Cloud

Crypto Data Platform Offers Digital Asset Data to Institutional Clients via BT Radianz Cloud

CryptoCompare, the digital asset data provider company for both institutional and retail clients, announced in a press release on its blog that it plans to offer a suite of digital asset data products via the BT Radianz Cloud, as a secure and reliable financial markets cloud communities which will enable institutional clients to have a fine, secure and dependable perspective of the growing digital asset class.

Indonesia’s Chronic Crop Data Problem Solved by Blockchain

Indonesia’s Chronic Crop Data Problem Solved by Blockchain

Indonesia has been a victim of unreliable crop data, and this has hindered the optimality of its agricultural sector. This nation has been grappling with the lack of accurate data when it comes to issues, such as crop output. HARA, a Jakarta-based startup, seeks to address this challenge by deploying blockchain technology.

Blockchain as a Solution for Data Management in Clinical Trials

Blockchain as a Solution for Data Management in Clinical Trials

Applying blockchain technology to clinical trials can help resolve one of the industry's biggest weaknesses: Poor data management. Learn how blockchain's immutability trait can become a trial investigator's best asset.

Blockchain Can Make Patients Profit From Personal Health Data

Blockchain Can Make Patients Profit From Personal Health Data

Jim Nasr, a healthtech expert who is the Vice President of Technology and Innovation at Certara, has forecasted that blockchain could assist patients own, share, and monetize their own health data.

MDEC Mandates Malaysian Big Data and Blockchain Competency Centre Initiative

MDEC Mandates Malaysian Big Data and Blockchain Competency Centre Initiative

The Malaysia Digital Economy Corporation (MDEC) has given Multimedia University (MMU) the mandate of establishing the first national industry competency center on big data and blockchain.

Ex-Cambridge Analytica Employee Confident that Blockchain Can Help Protect Personal Data

Ex-Cambridge Analytica Employee Confident that Blockchain Can Help Protect Personal Data

Brittany Kaiser, the Cambridge Analytica scandal whistleblower discussed in an interview at the World Economic Forum that blockchain technology could be an important tool to address data protection issues.

Blockchain Solution in Healthcare: Google Secretly Collects Health Data From U.S Patients

Blockchain Solution in Healthcare: Google Secretly Collects Health Data From U.S Patients

Blockchain provides a fourth model that can enable secure sharing of lifetime health data across providers and business partners. The use of blockchain is a potential solution to the case associating Google to have reportedly collected medical data from U.S patients in secret.

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