Microsoft and Bank Hapoalim joined forces

One of the largest IT company in the world and biggest Israel's bank will use blockchain for managing digital bank guarantees
08 September 2017   2206

Israel's largest financial institution Bank Hapoalim and Microsoft are developing a blockchain platform for managing digital bank guarantees. This is reported by the Fortune.

According to the developers, the new platform will significantly improve the efficiency of financial operations and reduce the amount of "paper work". At present, in order to receive a bank guarantee, the client must come to the office, issue documents, transfer guarantees to the beneficiaries, return them back to the bank, if they were not used, etc. The new solution is designed to speed up this process by reducing the number of routine operations.

The new process will enable Bank Hapoalim customers to receive security documents in a digital, automated and secure manner, without physically coming to the branch and in a very short process.
 

Arik Pinto

CEO, Hapoalim

The system will use Microsoft's Azure cloud computing platform, as Maersk do.

Craig Wright to Claim to be Satoshi Again

He explained that the false information surrounding Bitcoin and blockchain-derived systems made him come out of the shadows
18 February 2019   46

A senior researcher at nChain, Craig Wright, sent the Commission on the US Exchange Commodity Trading (CFTC) introductory information on cryptocurrency mechanics in response to a request from the Office. But even in the official document he did not miss the opportunity to remind everyone that it was he who allegedly was the creator of Bitcoin Satoshi Nakamoto.

My name is Dr. Craig Wright and under the pseudonym of Satoshi Nakamoto I completed a project I started in 1997 that was filed with the Australian government in part under an AusIndustry project registered with the Dept. of Innovation as BlackNet. Ethereum is a poorly designed copy of bitcoin designed with the purpose of completing the promise of smart contracts and scripting that were delivered within bitcoin but which were hobbled by the core developers of bitcoin who sought to enable anonymous transactions to exist within the system. 
 

Craig Wright

"Satoshi"

Earlier in February, the “self-proclaimed Satoshi Nakamoto” announced that he possesses a patent, allegedly capable of restricting the right to issue JPM Coin.

In October 2017, Craig Wright made a mistake confirming that he was not Satoshi Nakamoto.