UK Government's Official Archive to Test Blockchain

One of the goals of the project is to investigate the possibilities of using blockchain to effectively solve issues related to archive management
07 June 2018   434

The National Archives (TNA), the official registrar of the UK government, is exploring the possibility of using a blockchain for the records sharing, according to CoinDesk.

The Archangel research project is conducted by the University of Surrey in conjunction with the Open Data Institute. One of the goals of the project is to investigate the possibilities of using blockchain to effectively solve issues related to archive management.

According to TNA manager Alex Greene, distributed ledger technology (DLT) is used in Archangel to "collect digital signatures from digitized physical and originally digital content."

How can we demonstrate that the record you see today is the same record that was entrusted to the archive 20 years previously?... How do we ensure that citizens continue to see archives as trusted custodians of the digital public record? To address these questions, Archangel is exploring how we can know that a digital record has been modified and whether the change was legitimate so that ultimately it can still be trusted as the authentic record. Specifically, the project is investigating how blockchain might be used to achieve this.

Alex Green

Manager, TNA

According to him, the project will help to find out how the blockage can be used for this.

The study is funded by the Engineering and Physical Sciences Research Council, which annually invests more than £ 800 million in research in mathematics, materials science and information technology.

Crypto Investor to File Lawsuit Against AT&T

Michael Terpin believes that AT&T helped scammers to still his $24M worth crypto
16 August 2018   120

In the Los Angeles District Court, a 69-page lawsuit was filed by BitAngels founder Michael Terpin against the American telecom giant AT&T. Terpin claims that the operator assisted fraudsters in "stealing digital personal data" from the account on his smartphone, which is why he lost $ 24 million in cryptocurrency, according to an official release.

According to Terpin, for seven months, there were two hacks. Initially, an attacker got access to his phone number without providing a password or correct identification data. Later, the phone number was used to steal crypto.

AT&T’s studied indifference to protecting its customers’ privacy and financial assets is a metastasizing cancer, threatening hundreds of millions of unsuspecting AT&T’s customers. Our client had no idea when he initially signed up, nor when later he was promised the highest level of security for his account, that low-level retail employees with access to AT&T records, or people posing as them, can be bribed by criminals to override every system that AT&T advertises as unassailable.

Pierce O’Donnell
Lead counsel for Terpin in this complaint

Michael Terpin requires AT & T to pay him $ 224 million - $ 200 million for moral damages and $ 24 million for actual theft.