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   779

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.

Bittrex to Go For Maintenance After 1/3 Funds Moved

Users suspects hack, but exchange says "funds are safe"
05 December 2019   96

The Bittrex cryptocurrency exchange has announced scheduled maintenance today, December 5, from 22:00 to 23:00 (GMT). On the eve, a third of its assets were transferred to an unknown wallet.

During maintenance, users will not be able to log into the system or use the APIs. Trading will be suspended.

On December the 4th, populat Twitter account posted that "43,564 #BTC (313,074,134 USD) transferred from Bittrex to unknown wallet." Users suspected that the exchange was hacked, but the exchange . 

Closures for scheduled maintenance only heightened suspicion. However, the Bittrex team assures that "that claim is false."