Blockchain sms
Telecom Regulatory Authority of India is looking into the blockchain technology to put a stop to unwanted SMS spams from marketing companies. The telecommunication authority is planning to launch a DLT platform by the end of this month. The new system would require all the enterprises to secure unique sender IDs with telemarketers registered for the new platform. According to a Nasscom report, nearly half the states in India have initiated blockchain technology-based projects to address different elements of citizen service delivery. However, most of the blockchain projects are in their pilot stage. The central and state governments in the country have taken a positive approach to ensure start-ups in the IT sector.
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Content:
- 'Merry Christmas': World's first-ever text message sells for $121,000 in auction
- Indians Regulator prefers blockchain platform over spam SMS rules
- Cryptocurrency Payments
- YTIB Capital is unlocking Blockchain potential through SMS
- Coinbase says hackers stole cryptocurrency from at least 6,000 customers
- www.makeuseof.com
- Buy SMS with crypto coins
- Privacy Policy
- OTP delays should end as TRAI suspends its blockchain experiment for seven days
- SMS could be in line for a make over with blockchain technology
'Merry Christmas': World's first-ever text message sells for $121,000 in auction
This year has seen them get a lot of serious attention from the financial sector and some high profile individuals like Russian President Vladimir Putin. One of the reasons is that these virtual currencies have leapfrogged ahead of stocks, bonds and most other investments in their level of return. Ethereum, a not as well known — but quickly growing — cryptocurrency has shown even more dramatic gains.
The total value of these virtual currencies has grown incredibly too. Related: The importance of mobile security [infographic]. The name comes from the cryptography used to encrypt transactions and control production of the currency. It is a strictly monitored process, using Blockchain. It is not issued by any central authority, rendering it theoretically immune to government interference or manipulation.
In a Blockchain, once a piece of data is recorded, it cannot be edited or changed. Cryptocurrency mining. This is the process of creating new units of a cryptocurrency. To do this, you need a powerful hardware and software combination. Cryptocurrency price. This depends on supply and demand. However, many choose to restrict this number. For example, the number of Bitcoins is currently restricted to a maximum of 21 million. Cryptocurrencies list.
While there are many cryptocurrencies to buy, here are some of the main ones:. While the cryptocurrency market is definitely on a bull run, much like the stock market, values can also drop at short notice. Irrespective of the reason, it seems likely that the recent rise of cryptocurrencies will lead to some sort of drop. Brian Kelly, CEO and founder of global investment management firm BKCM, said recently that Bitcoin is in the first years of what is likely to be a multi-year bull market.
He explained that while there will be corrections, and even crashes along the way, Bitcoin is here to stay. Interestingly, Blockchain — the technology supporting these digital currencies — may be even more worthy of investment than the cryptocurrencies themselves.
A recent Reuters report pointed out that Blockchain — and the underlying technology — is probably more interesting and has more potential than Bitcoin does itself. A key attribute of Blockchain is that it allows digital information to be distributed but not copied. Originally devised for investing in Bitcoins , Blockchain technology is no longer being seen as just an incorruptible ledger of economic transactions, but a record for almost anything of value.
Here are some insights from website blockgeeks as to why it holds such promise for the future. Durability and robustness. Blockchain technology is like the Internet, in that it has a built-in robustness. By storing blocks of information that are identical across its network, the Blockchain cannot be controlled by any single entity and has no single point of failure.
Technology futurist Ian Khan says as revolutionary as it sounds, Blockchain truly is a mechanism to bring the highest degree of accountability. No more missed transactions, human or machine errors, or even an exchange that was not done with the consent of the parties involved. The most critical area where Blockchain helps is to guarantee the validity of a transaction by recording it not only on the main register but a connected distributed system of registers, all of which are connected through a secure validation mechanism.
Transparent and incorruptible. This has two important results. It cannot be corrupted. Altering any unit of information on the Blockchain would mean using a huge amount of computing power to override the entire network. In theory, this could be possible.
Taking control of the system to capture Bitcoins, for instance, would also have the effect of destroying their value. By design, the Blockchain is a decentralised technology. Anything that happens on it is a function of the network as a whole. Some important implications stem from this.
By creating a new way to verify transactions aspects of traditional commerce could become unnecessary. Stock market trades could become almost simultaneous on the Blockchain, for instance. Or it could make types of record keeping, like a land registry, fully public. Other areas that could potentially harness Blockchain technology include legal contracts, the sharing economy think Uber and AirBnB transactions , online shopping, crowdfunding, governance voting and other polls , file storage, protection of intellectual property and identity management.
However, while Blockchain and cryptocurrencies have the potential to become the future of transactions, there is growing resistance from government and traditional commercial and financial institutions. For example, banks fear money transactions moving online, and in the U.
S attempts are being made to stop this. Recently, the U. S Congress submitted a bill to make cryptocurrency illegal on the grounds that it could fund terrorism and corruption. The anonymous nature of cryptocurrency transactions does make them well suited for a host of illegal activities, such as the purchase of weapons, drugs and other illegal goods, as well as money laundering and tax evasion.
Some suggest that by bypassing more established transactional methods, buying cryptocurrencies is somehow contravening the establishment to the detriment of the greater good. But, despite a rocky start, including the bankruptcy of Mt. For one, you can actually use it to buy stuff now.
Many retailers, like Microsoft and Overstock, have started accepting Bitcoin directly, and for the retailers that don't — notably Amazon — proponents have found a workaround by buying gift cards with their Bitcoin and making purchases that way.
And many observers look to buy cryptocurrencies with the hope that a currency can exist that preserves value, facilitates exchange, is more transportable than hard metals and is outside the influence of central banks and governments. In short, mic. It's rarely a good idea to buy something when its price is at its all-time high.
And remember that there are a lot of horses in this race. Cryptocurrencies have crashed before, often, and probably will again in the future. They're also historically expensive — if you must buy some, you might be served by waiting a bit for prices to drop, so you're more likely to get a deal.
Indians Regulator prefers blockchain platform over spam SMS rules
Blockchain is an addition-only transaction record. What this means is that new information can be written onto a blockchain, but older information, which is stored in blocks, cannot be edited, removed, or adjusted in any way. This is accomplished through cryptography, the practice of writing codes, which link newly added blocks to an existing blockchain. Because all data containing blocks are woven together as a chain, it is impossible to remove or change older blocks. Attempting to remove or change data held in previous blocks cannot be done without invalidating the entire chain. Blockchain is an extremely secure technology, further secured by the fact that it is decentralized.
Cryptocurrency Payments
Close panel. Press Enter. A new cryptocurrency available without the internet represents one of the first examples of how to implement blockchain technology in the absence of a decent digital infrastructure. Three billion people fit into characters. Roughly, this is the number of people in the world with mobile communications but without internet access, according to data from the telecommunications association, GSMA. SMS, which had been all but displaced by instant messaging systems like Telegram , WhatsApp , or Snapchat , has made entering the world of blockchain technology without the internet a possibility. Having successfully carried out the first pilots in the world of a loan and a corporate credit facility using blockchain , BBVA has signed a new loan with ACS using this technology. Currently the projects are few and far between, but they are out there. They are being talked about at major industry events , such as The World Blockchain Forum , held this year in Dubai. The initial offering of its cryptocurrency, called mCoin, attracted more than 30, buyers in countries, according to the company.
YTIB Capital is unlocking Blockchain potential through SMS
As a result, this ensures that the receiver only gets the message if they have opted for such interactions. The platform is built on ledger-based blockchain protocols. Read More on Total Krypto. For the latest tech news and reviews, follow us on Twitter , Facebook , and Google News. For the latest videos on gadgets and tech, subscribe to our YouTube channel.
Coinbase says hackers stole cryptocurrency from at least 6,000 customers
Crypto coins and the blockchain are becoming more and more popular in our lives. And they are a part of reality rather than an investment project or speculation. Their usefulness in the economy is very present. In the last few months, big platforms, companies and fields are choosing this technology that will surely transform the way financial operations are carried out. Concretely, buying through the internet with PayPal or Shopify with crypto coins is now possible. And eCommerce is one of the fields that can be the most benefited and consolidate crypto coins as a real payment method.
www.makeuseof.com
Young and earning: Teen traders ride the bull market like pros. Are they missing the bear in sight? Choose your reason below and click on the Report button. This will alert our moderators to take action. Stock analysis. Market Research. Nifty 17,
Buy SMS with crypto coins
This year has seen them get a lot of serious attention from the financial sector and some high profile individuals like Russian President Vladimir Putin. One of the reasons is that these virtual currencies have leapfrogged ahead of stocks, bonds and most other investments in their level of return. Ethereum, a not as well known — but quickly growing — cryptocurrency has shown even more dramatic gains. The total value of these virtual currencies has grown incredibly too.
Privacy Policy
RELATED VIDEO: Blockchain SMS Client and SMPP Gateway (bSMSC)Blockchain is a system of recording information in a way that makes it difficult or impossible to change, hack, or cheat the system. A blockchain is essentially a digital ledger of transactions that is duplicated and distributed across the entire network of computer systems on the blockchain. Blockchain is a type of DLT in which transactions are recorded with an immutable cryptographic signature called a hash. This means if one block in one chain was changed, it would be immediately apparent it had been tampered with.
OTP delays should end as TRAI suspends its blockchain experiment for seven days
Indian The Telecommunications Regulator of India TRAI has established messaging regulations that require filtering of consumer communications messages to ensure that message recipients have consented to such interactions. Since the SMS regulation applies to all industries, the list of 7, registrants includes banks, educational institutions and private companies. TRAI warned against interception of communications by non-compliant entities, an official said:. On July 27, Cointelegraph reported that a large institute in India had implemented LegitDoc, a tamper-proof authentication system based on the Ethereum blockchain, to verify diploma certificates. Other Indian universities are currently investigating and implementing similar strategies. Email us: [email protected]. Remember Me.
SMS could be in line for a make over with blockchain technology
To address this, we have developed agricultural input voucher system which stores and allocates digital subsidy vouchers to farmers in the Hyperledger Fabric blockchain network whose features like hashing and digital signature prevent misuse and ensure trust of the vouchers. Evaluation reveals that, the developed system is effective and meets performance demands of Tanzanian farmers. Also, Raft has better performance than Kafka consensus protocol. This is a preview of subscription content, access via your institution.
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