Swissport to use blockchain in their aviation services

Swissport plans to utilize blockchain in their cargo and passenger services through partnering with two blockchain-oriented companies
30 May 2018   610

One of the spheres to benefit greatly from use of inherently transparent and secure blockchain technology is cargo and passenger transportation. At least that's what Swissport, a Swiss aviation services company, thinks. The company is looking into using blockchain to streamline its cargo handling and passenger service.

Swissport has partnered with Olam, a Swiss non-profit foundation, to launch a pilot of an open-source platform for the supply chain. Olam utilizes blockchain and smart contracts to record shipment information and changes of custody.

Hendrik Leyssens, head of global cargo operations at Swissport, commented that using blockchain is a bid for the future-proofing the operations, because it can speed up transactions and enhance their security, while also reducing the operational costs and overcoming the chronic lack of transparency in fragmented supply chains.

And distributed ledger usage won't to be limited just to cargo handling. Swissport plans to adopt blockchain for the passenger services, provided by the company. Partnership with Winding Tree, a blockchain-based travel platform, is a proof of that. Connecting various parties to provide traveling experience to users without resorting to “help” from multiple intermediaries is a goal of Winding Tree Foundation, and Swissport wants to explore the potential of distributing its existing travel services on the platform.

Chinese Miners to Fall Victims of Ransomware

Looks like ransomware came together with "improved" firmware, that should "overclock" device
21 January 2019   79

In China, a ransomware spreads, victims of which are Bitcoin miners. The damage from its activities is measured in tens of thousands of dollars. This is reported by Trustnodes.

The virus infects miners, released by Bitmain, and requires you to send 10 bitcoins, otherwise threatening to cause overheating of the device.

The problem is solved by formatting the SD card of the infected device, however, as Trustnodes notes, the whole process can take up to four days, while malicious software rapidly spreads to the other miners.

Compromised device
Compromised device

Probably, the virus comes with an "improved" firmware for miners. Some owners install such firmware to “overclock” their ASIC devices and improve their performance.

The first messages about the virus refer to August last year. In particular, Antminer S9, T9 and even L3 + for Litecoin were attacked. Over time, the malware has been improved. Now its distributor himself can decide when to display a message requesting a ransom. One miner also said that one night the address to which the 4,000 devices belonging to him sent the mined cryptocurrency was changed to the address of the hacker, which brought him $ 8,000.