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   665

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.

MEW to Launch KYC-less Crypto Withdrawal

Service is available in Euro and Francs to all bank account holders with an international bank account number (IBAN)
21 February 2019   77

MyEtherWallet, a popular cryptocurrency wallet, in collaboration with the Swiss company Bity, introduced the Fiat service, which allows you to exchange digital assets for euros and Swiss francs without verification.

It is noted that the service is available to all bank account holders with an international bank account number (IBAN).

Bity is able to offer this kind of KYC-less Exit-to-Fiat gateway because it is compliant with the Swiss Anti Money Laundering Ordinance (AMLA). This, along with technology that helps verify proof of wallet-ownership, allows Bity to realize the friendliest kind of user experience — frictionless, secure AND regulatory compliant.

MyEtherWallet Team

To use Exit-to-Fiat, the user must specify Bity as the service provider in the asset exchange section. You will also need to provide a phone number, bank account details and a billing address.

This information is transmitted to Bity to comply with legal requirements and is not stored by MyEtherWallet.

The maximum transaction size is limited to 5,000 francs (about $ 5,000).