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Deloitte launches ‘blockchain in a box’ offering (C)ISTOCK.COM/ANDREI STANESCU Deloitte has launched a mobile, self-contained technology platform that offers intuitive, tangible blockchain demonstrations and experimentations. Dubbed as “blockchain in a box”, or BIAB, the platform has the ability of hosting blockchain-based solutions across four small-form-factor compute nodes and three video displays, in addition to networking components that allow integration with external services, such as cloud-based systems. Each of these compute nodes accepts Secure Digital (SD) media cards, enabling easy and quick selection and exchange of demo solutions customised according to specific client requirements. Linda Pawczuk, principal, Deloitte Consulting and US blockchain leader, said: “Deloitte custom built this solution based on client interest in understanding blockchain capabilities in live interactions. What’s often misunderstood about b...

US Air Force looking to blockchain for defence data security, says Constellation Posted on   (C)ISTOCK.COM/SHAUNL The US Air Force (USAF) is looking to blockchain to secure a variety of data sources in its defence operations, according to a statement from Constellation Network. The San Francisco-based startup announced it had signed a working contract with the Air Force as part of its USAF SMIR (Small Business Innovation Research) Phase I program. “Constellation will create a leap in the USAF’s current capabilities with a focus on the agile interoperability of both legacy and future data types,” the company said. “It is a scalable and secure approach to big data processing while enabling the merging of legacy system data with existing cloud infrastructure data. “As such, Constellation provides decentralised security not only to Air Force data pipelines, with encryption, but also creates audit trails and a live ov...

Rakuten Wallet announces spot trading service for crypto assets.. Posted on   August 27, 2019 (C)ISTOCK.COM/WINHORSE Rakuten Wallet, a subsidiary of Japanese eCommerce firm Rakuten Group, has announced a spot trading service for crypto assets where users can trade crypto assets on the spot via a dedicated smartphone app, which will be first released on the Android platform and later on iOS. Apart from storing the customers’ deposited money, the Rakuten Wallet stores all their crypto assets in an insulated environment called the ‘cold wallet’, which is isolated from the internet. Packed with several security measures, the customers’ private keys are managed by means of a multi-signature system and a two-step authentication method safeguarding cash and assets withdrawal process. The smartphone app enables customers to trade three types of crypto assets, namely Bitcoin, Ethereum, and Bitcoin Cash. Customers are not char...

BlockApps secures series A funding to grow blockchain for industry business networks (C)ISTOCK.COM/AF-STUDIO BlockApps, a New York-based startup, has announced the successful completion of its series A funding round to focus its mission on providing an enterprise-grade blockchain platform. The funding round was led by Fitz Gate Ventures, with participation from Elliptic Curve Ventures, Bloccelerate, Fenbushi Capital and Galaxy Digital Ventures, as well as a follow-on investment from ConsenSys. BlockApps aims to help industries create blockchain-based business networks. The company is already working with Fortune 500 organisations such as Bayer, BHP Billiton, John Hancock, and United Airlines. The company will use the raised funds in the healthcare, energy, agriculture, and travel industries where it has already launched its networks. The money will also be utilised to expand to other verticals. In early September, Colorado...