AI News, A UK University Is 'Fingerprinting' National Archives With Blockchain artificial intelligence

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The U.S. Securities and Exchange Commission sued Canada-based social network platform Kik Interactive, for raising $100 million as an unregistered securities offering, on Tuesday.

In 2017, Kik Interactive sold 1 trillion of these tokens, called Kin, raising $55 million from U.S. investors, according to an SEC statement, with an additional three trillion tokens planned to be sold in secondary markets.

These guidelines explicitly state that, the tokens should be pegged to the price of other more stable assets, to discourage speculation, and that the services the tokens are designed to enable must already exist.

“By selling $100 million in securities without registering the offers or sales, we allege that Kik deprived investors of information to which they were legally entitled, and prevented investors from making informed investment decisions,” said Steven Peikin, co-director of the SEC’s division of enforcement, in the statement.

Open Positions in Cryptology

A few contributing factors leading to this issue are complicated switching process between suppliers, current high-cost technical infrastructure for administration and billing purposes and fixed rate supply system.

With the use of blockchain as an infrastructure, there is a significant opportunity to disrupt the current energy market with automation and integration of services, provide savings in the energy provision process and reduce energy bills for end users.

However, little scientific information is available regarding the costs associated with running a blockchain-based energy market and the best methods for scaling up such a platform.

The embedded features of the platform are real-time switching, automated billing and administration, P2P trading between energy generators and consumers, and demand side management.

University of Surrey uses blockchain for digital archives

The University of Surrey has said it is using blockchain and AI technologies to secure the digital archives of a number of governments including those of the UK, Australia and the US.

Professor John Collomose, who leads the project at the University of Surrey, said: “Archives across the world are amassing vast volumes of digital content, and it is important that they can prove their provenance and integrity to the public in a secure and transparent way.

It essentially provides a digital fingerprint for archives, making it possible to verify their authenticity.” John Sheridan, digital director of the National Archives said “Exploring blockchain technology together with some of the world’s leading archives, the Archangel project has shown, for real, how archives might combine forces to protect and assure vital digital evidence for the future.

“Archangel has been an outstanding partnership that has delivered ground breaking research into the practicalities of using blockchain to assure trust in large scale digital archives.” So far Archangel has been trialled in national government archives of the UK, Estonia, Norway, Australia and the US.

UK's ARCHANGEL Project to secure national archives with blockchain, AI - TokenPost

The University of Surrey in the UK has announced that it is combining blockchain and artificial intelligence (AI) technologies to secure the integrity of digital government records of national video archives worldwide.

“By combining blockchain and artificial intelligence technologies, we have shown that it is possible to safeguard the integrity of archival data in the digital age,”

The technology is described as “a highly secure, decentralised computer vision and blockchain based system that will safeguard the long-term future of digital video archives.”

Just recently, the University of Warsaw’s Centre for Research on Legal Aspects of Blockchain Technology has signed a cooperation agreement with Billon Group’s subsidiary Billon Solutions to work on blockchain, with initiatives to implement a distributed ledger technology.

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