Chinese 'Wikipedia' Now Tracks Revisions on a Blockchain

Baidu had implemented own blockchain in its Wikipedia alternative called Baike
29 May 2018   541

The Chinese alternative of Wikipedia, Baidu Baike, used the blockchain to keep track of the revisions in the articles in order to increase the transparency and traceability of events in its service, CoinDesk reports.

Although the company has not officially announced the integration of the technology yet, the search on the encyclopedia already returns the results that the hash values ​​correspond to, which indicate that the data are recorded including with the help of the blockchain.

In a conversation with CoinDesk, a company representative confirmed that in the public version of the service, hash values ​​began to appear on this Monday, although some timestamps indicate that hashing started at least last week.

Baidu Baike
Baidu Baike

To track revisions Baidu uses its own blockchain system, which does not allow an outside user to determine which data is recorded, for example, whether the revision time, the name of its author or the reason for making entries are taken into account.

The representative of Baidu refused to answer technical questions, but said that the goal of integrating the block is to increase the reliability of the data in the encyclopedia, which information can be modified by the users themselves.

Baidu Baike was launched in 2008 and is the main service of this kind for the residents of China, as the original "Wikipedia" in the country is blocked. According to public data as of February 2018, the encyclopedia contains 15.2 million records and 6.4 million revisions.

Authorities to Study Bankrupt QuadrigaCX

Canada Revenue Agency sent a request for access to the tax info from Oct. 1 2015 to Sep. 30, 2018
18 September 2019   43

The Canadian Revenue Agency (CRA) intends to examine corporate declarations that ceased to exist as a result of the bankruptcy of the QuadrigaCX bitcoin exchange, The Globe and Mail reports.

CRA sent a request for access to the tax reporting of the exchange from October 1, 2015 to September 30, 2018, that is, on the date when QuadrigaCX tentatively began problems with the withdrawal of funds.

The E&Y auditor, acting as the trustee of the exchange, intends to discuss the tax request and obtain permission from the court to disclose information.

At the same time, the company noted that one way or another they are forced to comply with the CRA requirements, although this will take a lot of time and delay the payment of compensation to victims.

At the beginning of the year it became known that QuadrigaCX lost access to user funds by $ 190 million, and somewhat later, Indian authorities confirmed the death of the founder of the exchange, Gerald Cotten.