Dutch city to use ‘IOTA-Blockchain’ for docs workflow

The solution is designed to help citizens of Haarlem to proof their inhabitation using blockchain
20 December 2017   430

ICTU and Xurux developed a Proof of Concept to verify legal documents within public registers via the open source ‘IOTA-Blockchain’. This is reported by official IOTA Reddit. 

The software, developed by these two companies,  guarantees the authenticity of legal documents through the open source ‘Blockchain’. Now a a citizen can demonstrate to the housing corporation that he or she is an inhabitant of the city of Haarlem by means of Blockchain. Now citizens no need to visit the town hall to receive an official extract.

By figure of speech, the application could be deployed tomorrow. It enhances the technology and its adaptation in the public domain, improving society as a whole.
 

Bas de Boer

Innovation manager, Haarlem

The solution is is an open source, free for use by governmental and municipal organizations working with public register extracts. Developers are going to bring the application in production in 2018.

Bank of China Filed a Patent to Scale Blockchain Systems

Bank of China has filed a patent application for a process able to scale blockchain systems  
23 February 2018   109

According to a document released by China's State Intellectual Property Office (SIPO) on February 23, the application was invented by Zhao Shuxiang and first submitted on September 28 last year.

The application states that instead of letting a new block store transactions from its previous one, a data compressing system could be used to pack transactions from multiple blocks into what the patent calls a "data block."

For example, when the system receives a request to compress transactions from block 1 to 1,000, it causes a new data block to be formed and temporarily hosted on a different storage system. Then, the system will run the packed data through a hash function with a hash value. After that, the compression system will attach labels in order to identify blocks on the blockchain.

With the use of the described method, the patent claims a reduction in the amount of the data stored in new blocks as transactions mount in a blockchain while ensuring that data from all previous transactions will still be tamper-proof and traceable.

At the moment, the patent in the review process.