Australian researchers report blockchain privacy concerns

Australian researchers report blockchain privacy concerns

Researchers from the University of South Australia have concluded that blockchain technology needs to be improved to improve user privacy. The research results, described in a blog post from the University of South Australia, show that the features that make the blockchain secure pose privacy concerns for users, especially in line with new European standards. The study was conducted by advanced technology researcher Dr. Kirsten Wahlstrom in collaboration with Dr. Anwaar Ulhaq and Professor Oliver…

Major banks postponed launch of Utility Settlement Coin until 2021

Major banks postponed launch of Utility Settlement Coin until 2021

The launch of the Utility Settlement Coin (USC) project, supported by major commercial banks, has been postponed until 2021 pending regulatory approval. Last June Barclays, Banco Santander, Credit Suisse Group AG and ten other largest banks in the world announced a $ 63 million investment in the Utility Settlement Coin project. The USC project partners became the founding shareholders of a new commercialization firm called Fnality International. As previously reported, the USC platform aims to…