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Don’t vote for John McAfee

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John McAfee has announced that he will be the fray for the US Presidential elections of 2020. His slogan says Don't vote for John McAfee

John McAfee’s Election Campaign to Focus on Cryptocurrency

John McAfee is clear on what he wants. He announced that he is one of the top contenders for US President in 2020. His sole motto will be promoting Cryptocurrency. While McAfee CTO Steve Grobman says, the industry should include their focus on securing beyond the counting process and cultivate broader concern at the voting processes itself. He identified risks in the current US elections as well, pointing out that there was a ‘gap’ insecurity in communications between the local jurisdictions and constituencies.

The top-executive proposes that security issues in the processes of elections being conducted should also secure the infrastructure used such as counting machines and voting machines have to be considered as combined security risks.

 

McAfee for President in 2020

Besides, there is another connection between the US elections and McAfee. The founder of McAfee, John McAfee has announced that he will be the fray for the US Presidential elections of 2020.  He had set the ball rolling with a proposal being made out to the local party, Libertarian Party for a nomination back in 2016. Back during those elections days, his focus was on ‘lapses in cybersecurity.’ Four years down the line, his efforts in campaigning for Presidency will focus on ‘currency independence’ since he believes that in five years there would be no fiat currency to talk about. He admits that he will never get elected to the post, but would concentrate on the opportunity. The run-up to the contest would be the perfect opportunity to showcase the cause and effectiveness of cryptocurrencies.

 

Concerns in US elections

Grobman said that his organization was able to identify “two big issues” regarding local jurisdictional communication between constituencies.

The issues are the result of the decentralization of US elections which are conducted by the states and the local authorities in their capacities and not by a unified central body. There are no standards, and the practices of every state and local body differ from one to the other.

The first issue was with relation to use of Top-level domains which are not standardized, and there is no regulation by the government. Grobman said,

“We found, for example, that a lot of the jurisdictions are using .com, .net and .org for their official voting information sites.”

The second issue was the lack of fundamental or ‘basic’ cyber hygiene practice in local jurisdictions. The sites were not using SSL or TSS which are standard practice and allow users a higher level of communications assurance.

One of the worst sites to be affected by this development was – 92.6% was West Virginia. These sites did not enforce TLS nor SSL, with other states, 91% of Texas-based election-specific websites not following the process, apart from Montana’s 90% sites.

At the same time, these practices are not concerns which are specific only to the US. Grobman shared that these could be issues which are challenging most other governments as well.

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Forbes releases top 50 blockchain companies list

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Forbes has released top 50 blockchain companies using blockchain technology list and these are almost all household names of the world's largest companies.

Forbes has released a new top 50 blockchain companies using blockchain technology list and these are almost all household names of the world’s largest companies. In fact, they are all billion dollar plus companies such as Amazon, Citi Group, Foxconn, Comcast and a whole host of others and unsurprisingly the bulk majority of these companies are using Ethereum.

 

Although, outside of Ethereum which is, of course, the number 1 blockchain for these companies, we do see others like Hyperledger and Quorum for example, although much rarer on the list in terms of mentions are blockchains such as Stellar Lumens or Cardano. Blockchains such as TRON, EOS, NEM, and others are not mentioned in the list of top 50 companies.

 

Companies choosing Ethereum according to Forbes:

Big businesses really like what Ethereum is doing. Ethereum has also worked very hard to make these relationships happen over the last few years and those relationships are now paying dividends big time.

 

All the top 10 companies are located in China or the United States.

The Top 10 (Forbes List):

10. Ping An Insurance Company: China

9. Bank of China: China

8. Apple: United States

7. Wells Fargo & Company: United States

6. Bank of America: United States

5. Agricultural Bank of China: China

4. Berkshire Hathaway Inc: United States

3. JPMorgan Chase & Co: United States

2. China Construction Bank Corporation: China

1. Industrial and Commercial Bank of China: China

 

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JPMorgan expanding itself into the blockchain and crypto space

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JPMorgan Chase has been posting a lot of job opportunities in the blockchain and cryptocurrency industry on Indeed.com, the job listing portal.

JPMorgan Chase, the American multinational investment bank and financial services company has been posting a lot of job opportunities in the blockchain and cryptocurrency industry on Indeed.com, a job listing site. According to the data from Indeed.com, the overall job openings for the cryptocurrency industry also seems to be on a rise.

 

JPMorgan Entering the Cryptocurrency Space:

Though the CEO of JPMorgan, Jamie Dimon has always been a strong opponent of Bitcoin and other cryptocurrencies, his company has been interestingly expanding its operations in the field of blockchain and cryptocurrency.

 

Last month, JPMorgan launched its own cryptocurrency known as the JPM Coin, which will serve the bank’s precious customers in order to make transactions between them more swift and steady.

 

Back in 2018, JPMorgan had launched a blockchain powered platform known as Quorum which might be seen quite homogeneous to bitcoin and ethereum, however, it is almost fully centralized in nature.

 

Large companies entering the Blockchain Space:

In recent times, a lot of huge companies worldwide have been entering into the blockchain and cryptocurrency space. According to a recent publication by the Forbes, large organizations such as IBM, Deloitte, Cisco, Microsoft, Consensus, and others have been curiously hiring employees that are experts in the field of blockchain technology.

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Adoption: Courts in France adopt blockchain technology

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The NCC or National Council of Clerks of France have finally tested a blockchain technology-based solution for the courts of the country.

The NCC or National Council of Clerks of France recently made an announcement that they have finally tested a blockchain technology-based solution for the courts and are now prepared to launch it throughout France. The National Council of Clerks is a representation of the clerks of the corporate and commercial registry in around a hundred thirty-hour workplaces in France. The workplaces depend upon one another for sharing important data.

 

The goal of NCC France

The NCC is determined to streamline and position the latest information technology that capitulates something that is known as ‘the single version of the truth’. The data tracks an organization’s growth, dissolution, change of location etc. The sharing of data amongst each other was earlier a big challenge for the NCC.

 

The project based on blockchain technology had an aim of rapid cycle times and precision of information. In the pilot phase of the project, the National Council of Clerks in France was able to lessen the timing of registry operation involving a lot of days to just one day.

 

According to the president of France National Council of Clerks, Sophie Jonval, the project based on blockchain technology is an outcome of the partnership with IBM. IBM who is already an expert in blockchain technology and cryptography has been serving as a technological partner.

 

According to the NCC, the project shall be rolled out in the 1st half of 2019 and the project shall ensure a transparent and improved dynamics of the interactions between the clerks.

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