AIKON & Hadron to Use DLT for Hubble Data Processing

AIKON provides astronomers from the Space Telescope Science Institute (STScI) an interface through which researchers obtain photos from Hubble
25 July 2018   393

Blockchain projects AIKON and Hadron have involved distributed ledger technology for data processing from the Hubble Space Telescope, CoinDesk reports.

In particular, AIKON provides astronomers from the Space Telescope Science Institute (STScI) an interface through which researchers obtain photos from Hubble, and computers use Hadron's blockchain for processing and visualizing these data.

An astronomer from STScI Josh Peek said that processing data from space telescopes requires a lot of CPU time. According to him, the blockchain solution will effectively use the computer's computing power resources.

Peek also believes that the solutions based on the distributed ledger technology are 10 times cheaper than the standard cloud computing used by NASA and STScI.

Processor time is paid by CPU tokens from AIKON. The price of a coin is tied to the average cost of computing capacity charged by cloud hosting services.

Now the system is tested by a small group of astronomers from STScI, using a stock of free CPU tokens. In the future, AIKON plans to use a billing system (pay as you go) for new coin users.

Сould you please attach your email address for us to send you the most interesting ICO's rating and reviews. No spam.

Ex S&P President to Invest in iComply Startup

The startup is aimed at developing tools and services to meet the regulative standards for blockchain start-ups
14 August 2018   121

Startup iComply, working in the field of regulatory technologies and compliance with standards, has just completed the initial round of financing, which was headed by former Standard & Poor CEO Deven Sharma, CoinDesk reports.

IComply, aimed at developing tools and services to meet the regulative standards for blockchain start-ups (especially for those that conduct ICO), said on Monday that it attracted a seven-figure sum during this invest-round, but did not say the exact figure. The round was also attended by DMG Blockchain and Block X Capital.

In addition, iComply reported that it was joined by former employee of the Commodity Futures Trading Commission (CFTC) Jeff Bandman, former Managing Director of NASDAQ and the Financial Services Industry Regulation Service (FINRA) Manny Alikandro, MIT Connection Science program member, Praveen Mandal and Prosecutor Thomas Linder.

According to Sharma, he decided to invest in the startup iComply, because the project "is focused on services for ICOs related to risks and compliance with standards." Compliance with the standards, he said, will ensure the transparency of ICO issuers and thereby help to ease the concerns of regulators.

Sharma also believes that iComply can contribute to the spread of crypto technologies, helping the entry of traditional financial services into this industry.

My interest is to see iComply evolve into a benchmark that investors can use to assess credibility of issuers, sustainability of underlying services and the price of ICOs. iComply's patent-pending software enables both security and utility tokens to monitor and document compliance, governance and risk procedures, before a public blockchain executes an immutable trade, providing trust, integrity and transparency for our clients. There have been a few ICOs that had a fundamentally robust offering that I understood and did interest me [but I] missed the opportunity. Others that have transparency from a service like iComply, I would [invest in].
 

Deven Sharma

Ex-president, Standarts & Poors

It is the ideas of transparency and trust, according to Sharma, that sparked his interest in order to start working with the blockbuster.