German Consulting Firm Camelot launches Blockchain

German Camelot Consulting Group has advanced a Blockchain-based resolve for medical data management, as it was reported by Cointelegraph auf Deutsch
10 April 2018   986

The firm aims to suggest the healthcare industry a secure digital platform for the exchange of patient data using its Hypertrust X-Chain data management system. It aims to ensure all customers that are authorized to participate in the therapy process with decentralized Blockchain-based data storage.

According to the company report, all data operations are encrypted and kept on an unchangeable Blockchain and will be performed directly between the authorized participants. It will also let the "integration of partner systems", "real-time temperature, location and quality control as well as reliable proof of origin".

In order to illustrate the merits of the new system in comparison to conventional methods, Camelot Consulting Group uses the sample of extracorporeal cell therapies in which patients' cells are removed and processed in a compound, multistage process.

Hypertrust X-Chain's closed-loop produce chain approach precludes any mess or misuse of samples and data during therapy. The system matured by Camelot Consulting Group is exactly one of an even longer list of Blockchain projects for data management. Chile's national energy regulatory organization declared some days ago that it will manage national energy sector data through an Ethereum-based platform.

Polish major bank PKO Bank Polski recently confirmed its purpose to introduce a Blockchain-based storage and verification system for the administration of its customers` documents.

Audi is also presently testing its own Blockchain technology for maintaining physical and financial distribution processes in international logistics.

Users Suspected RusGas of Scam

Reddit users have already accused RusGas of exit scam, since its behavior is much like  recent scam project Oyster Protocol
07 December 2018   95

The RusGas cryptocurrency project (RGS) demonstrates disturbing signs and releases new tokens in excess of the pre-set emission limit, Cryptovest reports. With an aggregate capitalization of $ 117, RGS trading volume for the last few days is $ 35,000. Events unfold against the backdrop of promises made by the project organizers about the upcoming restart.

Most of the RGS trade is focused on the Crex24 exchange, which has a daily  of $ 700,000. RusGas had a daily volume of several million dollars in its best days, which already then caused questions about the authenticity of this value.

According to CoinMarketCap, RGS emissions are limited to 10 billion tokens, but Etherscan indicates that currently 298 addresses contain 860 billion RGS. The rapid growth of emissions was recorded in recent days and hours. The largest wallet contains 99% of all tokens, which is probably the crex24 wallet. The developers themselves explain these movements to the next restart.

Reddit users have already accused RusGas of exit scam, since its behavior is much like  recent scam project Oyster Protocol(PRL), when the additional issue feature was used in a smart contract.

The likelihood of such an outcome is a characteristic feature of projects based on the Ethereum protocol, which allows additional emission of tokens through a smart contract at the discretion of its owner, not to mention other vulnerabilities that cost investors a lot of money.

RusGas is based on the idea of ​​using tokens and blockchains to optimize the Russian gas industry. Despite the dubiousness of the project’s mission, the data on the network indicates that in April of this year he managed to raise $ 2.2 million for ICO.