Internet for communication - Blockchain for Business

"Blockchain will do for business what the internet did for communication – and it’s already happening with these leading blockchain networks" Leading blockchain networks already making an impact today are as follows: Socially-conscious network Plastic Bank Stopping ocean pollution and reducing poverty by turning plastic waste into currency. Cross-border payments network IBM Blockchain World Wire Clearing and settling of global payments with finality in seconds instead of days. "IBM Blockchain World Wire Presenting the new financial rail that simultaneously clears and settles cross-border payments in near real-time, integrating seamlessly with existing payment systems. How IBM Blockchain World Wire works Using blockchain technology and the Stellar protocol, IBM Blockchain World Wire makes it possible for financial institutions to clear and settle cross-border payments in seconds. Two financial institutions transacting together agree to use a stable coin, central bank digital currency or other digital asset as the bridge asset between any two fiat currencies. The digital asset facilitates the trade and supplies important settlement instructions.* The institutions use their existing payment systems – seamlessly connected to World Wire’s APIs – to convert the first fiat currency into the digital asset. World Wire then simultaneously converts the digital asset into the second fiat currency, completing the transaction. All transaction details are recorded onto an immutable blockchain for clearing." Luxury goods network Everledger Transforming the jewelry industry by logging the identifying characteristics of over 1.6 million diamonds. European trade finance network we.trade Spreading opportunity to small and medium sized businesses in traditionally underserved markets. Food safety network IBM Food Trust™ Growers, distributors, retailers and others enhancing visibility and accountability in each step of the food supply. Multinational insurance policy network A smart contract policy brings transaction trust, security and certainty to multinational insurance coverage.  AIG Private equity network Real-time insights, increased efficiency, security and transparency for fund managers and investors. Northern Trust Canadian digital identity network SecureKey Helping consumers instantly verify identities for bank accounts, driver’s licenses and more.

Cloud Threat Report 2019

Modern day business has to pay an utmost importance to Cloud Security. Wherever there is a security breach, there is download of unsecured customer files from retailers, theft of intellectual property from tech firms, and complete business disruption, and many others. The number of organisations have reported an increase in the use of business-critical cloud services and a huge increase in the number of enterprises storing their data in the cloud. Resolving Cloud Security issues became more urgent than ever before as the number one task for the business. Oracle and KPMG published “Oracle and KPMG Cloud Threat Report 2019” to get business understand more what the threats are in the ever increasing use of the world of cloud services and cloud applications. "Organisations don’t know what their employees are doing with cloud services and where their corporate data is being placed.” says Greg Jensen, Senior Director at Oracle. "If there are suspicious user activities associated with your portion of the shared responsibility model, you have to be aware of those events, monitor them, and react to them.” says Brian Jensen, Risk-Management Consultant at KPMG. Increasingly, organisations trust the cloud for critical applications and for storing essential data. Security technology is doing a good job of keeping up, but more still needs to be done, as is documented in the “Oracle and KPMG Cloud Threat Report 2019”. Read more at >>

1 million young women coders aimed by iamtheCODE and Alibaba Cloud.

“We are truly honoured and excited for the young women as they will have access to the new technological advancements of Alibaba Cloud. This moment is truly historic. Working with Alibaba Cloud will make a great difference in the lives of millions of young women globally.” These are the words of Mariéme Jamme, Founder of iamtheCODE on the new partnership between iamtheCODE and Alibaba Cloud to enable 1 million young women coders by 2030. Announcement made on February 26, 2019 in the Tech for Change initiative at the Mobile World Congress (MWC). The initiative calls for inspiring ideas and joint efforts from enterprises, start-ups and young entrepreneurs, to tackle global social and humanitarian challenges in areas such as education, economic development and the environment through technologies. "Under the partnership with iamtheCODE, Alibaba Cloud will provide tailored courses on a range of topics including cloud computing, data analysis, machine learning and security. iamtheCODE will also add Alibaba Cloud on their blended curriculum, as certificates will be awarded to young women students who pass the course to help them along with their career path towards engineering and other practical subjects. To date over 13,000 girls have access to the iamtheCODE Curriculum. In addition, each enrolled student will be offered free access to cloud computing resources during their study."