32 teeth blockchain
Blockchain is the biggest buzzword of the year. However, we are just now beginning to see what silly creative ways will this technology be applied. The newest example from China is a blockchain-based toothbrush by a Shenzhen-based 32Teeth , currently crowdfunding the project through the JD Finance platform. The company aims to make your teeth really clean by applying not only blockchain technology, but also facial recognition, sensors, and big data. If the company delivers its promise, the toothbrush is likely to become a favourite among OCD sufferers superheroes.
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- A techie who once mistrusted the internet is now building one of India’s largest crypto exchanges
- Oracle unveils its blockchain cloud service to accelerate transactions across partner ecosystems
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- Trade secret metadata and blockchain evidence: a perfect combination
Can a Cryptocurrency Self-Regulatory Organization Work? Assessing Its Promise and Likely Challenges
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September 28, - Using the term "blockchain" is a buzz word that most lawyers do not understand. It is often confused with things such as "Bitcoin" — a digital currency launched in by a mystical person known only by the pseudonym Satoshi Nakamato.
A blockchain and Bitcoin are different. Visualize blockchain as an operating system like Microsoft Windows and "Bitcoin" as one of many applications that can be run on a blockchain. Think of a blockchain as a computerized ledger that can record and translate information into an encrypted hash code with a digital timestamp called a "block" that then can be linked to other information in the next "block" going forward in chronological order.
Each individual block now provides a unique fingerprint which identifies the specific block a "hash" in the chain, the "hash" code of the previous block in the chain, and a digital timestamp proving when the information was put into the specific block in the blockchain. The key to understanding the functionality of a blockchain operating system requires understanding cryptographic hashing.
MD5 is a one-way hash function because there is no way to reverse the encryption. Today, MD5 is widely used to convert variable-length plain text into a bit hash value represented as a digit hexadecimal. Hash codes create unique and immutable tamper-proof records.
Digital forensic experts routinely use hashing methods to verify that copies of digital evidence match the original data from which the copies are made, i. A blockchain provides an efficient, cost-effective, reliable and secure system for managing trade secret metadata with a timestamp function built into the blockchain linking the blocks chronologically.
There are no security risks because the blockchain captures only the trade secret metadata not the actual trade secrets and the trade secret metadata is then encrypted using one-way hash functions. The character alpha-numerical hash code is indecipherable. The plaintiff in a trade secret misappropriation lawsuit must prove existence, ownership, notice and access the "EONA" proofs :. These evidentiary proofs can be established by the testimony of witnesses and the admission of documents or other physical evidence, or now, as discussed in this article, the admission of blockchain evidence.
The litigation of trade secret disputes is fact-intensive. The existence of a trade secret is a question of fact; the ownership of an alleged trade secret is a question of fact; evidence of the defendant's notice and access to the alleged trade secret is a question of fact and evidence of misappropriation — the unauthorized acquisition, disclosure or use of a trade secret.
Blockchain evidence can drastically reduce or eliminate material issues of fact in a trade secret misappropriation lawsuit saving the parties millions of dollars in discovery costs. It is a fundamental requirement in evidence law that a proponent of the evidence show the authenticity of the proposed evidence. Authentication requires the proponent of evidence to show that the evidence "is what the proponent claims it is.
However, there is a special rule for a "process or system. Cryptography and hash codes have been used for years by digital forensic experts. Today there are thousands of applications using the blockchaining platform. Authentication of blockchain evidence will not be an issue in the trial courts. States are enacting special "blockchain" statutes. Take Illinois as an example. On Jan. Review these statutory definitions in Section 5 of the Act:.
As used in this Act:. Applying these statutory definitions, the Illinois Legislature sets forth the following permitted uses of blockchain in Section 10 of the Act:. Permitted use of blockchain. Illinois addresses the admissibility of a certified record generated by an electronic process or system in Rule 12 — a record generated by an electronic process or system that produces an accurate result, as shown by a certification of a qualified person.
The blockchain technology complies with these statutory requirements. For years, China has been criticized for failing to protect trade secrets in Chinese courts. The vexing issues for China relate to the difference between a civil law system and a common law system.
China is a civil law system and the legal provisions for trade secret protection are scattered among various laws and regulations. In a civil law system, there is no discovery. Contrast China to the United States which is a common law system with robust pretrial discovery: interrogatories, document production requests, depositions, request for admissions, common law precedents.
This distinction is critical because the protection of trade secrets often requires the trade secret holder with the burden of proof to ferret out evidence of trade secret misappropriation using the evidence obtained from pretrial discovery. With no right of discovery—no interrogatories, no document production requests, no depositions—the plaintiff in a Chinese court could not meet its evidentiary burden of proof to prove trade secret misappropriation by a preponderance of the evidence.
The discrepancy in the U. Using a blockchain system, the trade secret holder can preserve trade secret evidence on the blockchain of the required elements of proof: existence, ownership, notice and access. The trade secret holder can now enforce and protect trade secrets in China more effectively and efficiently without discovery. Coupled with these evidentiary proofs established using blockchain evidence, recent amendments to the PRC Anti-Unfair Competition Law AUCL also provide that if the evidentiary proofs reasonably indicate that the trade secret has been infringed upon, the burden of proof shifts to the accused party to show that the no trade secret misappropriation exists.
Blockchain technology is a game changer both in the United States and internationally. Opinions expressed are those of the author.
They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias. He focuses his practice on intellectual property litigation and is recognized as a leading practitioner in the development of automated trade secret asset management blockchain systems.
He can be reached at rmark. Subscribe for our daily curated newsletter to receive the latest Reuters legal news and headlines delivered to your inbox. Companies Law firms. Wolters Kluwer. See all. Mark Halligan R. More from Reuters. Sign up for The Daily Docket Subscribe for our daily curated newsletter to receive the latest Reuters legal news and headlines delivered to your inbox. Sign up. Industry Insight. Industry Insight Can client development skills help law firms also retain their legal talent?
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A techie who once mistrusted the internet is now building one of India’s largest crypto exchanges
A Chinese oral health company, 32Teeth , is developing a toothbrush that rewards good dental hygiene with cryptocurrency. Currently crowdfunding on the JD Finance platform, the product uses blockchain technology, sensors, big data and facial recognition to clean teeth. One feature of the toothbrush is its crypto-mining ability. AYA tokens are exchangeable for dental products and services such as hygiene treatments, toothbrushes and toothpaste. The company also offers a toothbrush app that allows users to record and analyse their brushing activity. Additionally, the app can identify the cleanliness level of teeth and includes an augmented reality tool that shows how a user brushes their teeth. Its reward system encourages oral hygiene and its application of technology lets users record and track their brushing behaviour.
Oracle unveils its blockchain cloud service to accelerate transactions across partner ecosystems
In addition to business analytics, his areas of expertise include cybersecurity, cloud computing, IT compliance, and data privacy. Prior to joining the Mendoza faculty, Mike served for six years as senior director for IT service delivery at Notre Dame. He came to the University in from the Brand Institute, a Miami-based marketing consultancy, where he was executive vice president and chief information officer. A Notre Dame alum, he also spent four years in the information security research group at the National Security Agency and served as an active-duty intelligence officer in the United States Air Force. He and host Ted Fox got together this summer to talk about cryptocurrency, including one called Libra, which was announced this June by a group led by Facebook. Since we talked with Mike, the proposal for Libra has garnered increased scrutiny from governmental regulators around the world—on top of what was some healthy skepticism to begin with. That said, if you want to quote from one of our episodes, particularly the words of our guests, please listen to the audio whenever possible. Ted Fox voiceover From the University of Notre Dame, this is With a Side of Knowledge, the show that invites scholars, makers, and professionals out to brunch for an informal conversation about their work.
The toothbrush of the 21st century
London's blockchain-driven mediation and arbitration scheme – an overview
Joining the Blockchain technology race, Cloud major Oracle has unveiled 'Oracle Blockchain Cloud Service' to enable organisations securely extend business applications and processes and accelerate transactions across partner ecosystems. Part of Oracle Cloud Platform, the 'Oracle Blockchain Cloud Service' will deliver an enterprise-grade blockchain platform with resilience, scalability and security, the company announced during the annual 'Oracle OpenWorld' here late on Monday. As part of its commitment to help enterprise customers realise the benefits of blockchain, Oracle recently joined Hyperledger. Hosted by The Linux Foundation, Hyperledger is an open source collaborative effort created to advance cross-industry blockchain technologies. Addressing the gathering at the event, Oracle CEO Mark Hurd said that by , percent of application development and testing will be conducted in the Cloud. All enterprise data will be stored in the cloud and enterprise clouds will be the most secure place for IT processing, Hurd said.
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We believe patient health, comfort, and safety to be our most important concern, and it shows in the design of our products. Using only the highest quality products, all PlastCare USA supplies are designed with patient comfort and safety foremost in mind. Our micro applicator brushes are perfect for nail and eyelash tasks and are widely used in beauty salons, day spas, and nail salons. Is Atticus: a practicing his zombie walk for Halloween or b reaching for tasty beautyberry fruit? Comment on Facebook. View more comments. The perfect mouse lemur day involves sleeping in cozy fleece, tiny pieces of fruits and veggies, and plenty of enrichment.
First Look as Adam Weitsman Sets Up Owego Crypto Mining Farm
Find Your Nearest Location. At Ideal Dental, we believe that a visit to the dentist should be as pleasant and stress-free as possible. Our established dental practices offer a totally modern approach to oral care. Our goal is to provide quality care to every patient who walks through our doors, anywhere in Texas.
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Be Our Guest
Trade secret metadata and blockchain evidence: a perfect combination
It tokenizes scooped-up poop! We caught up with Kind Ads advisor Neil Patel —cofounder of well-known brands Crazy Egg and KISSmetrics—to find out the thinking behind a decentralized ad network, as well as just how it works. In addition, he shared his thoughts on the future of the banner and whether the infamous Duopoly can be cut down to size.