In 2014, Mt. Gox, one of the largest cryptocurrency exchanges (managing approximately 70% of all transactions in Bitcoin) had been the victim of successful hacking attempts for a period of three years, and Mt. Gox's customers lost 750,000 Bitcoins. Bitcoin lost over a third of its value when the full extent of the fraud was revealed. In 2016, Bitfinex, one of the most popular … [Read more...] about How to Improve Blockchain Security
security
How AI Can Keep Your Family Safe
Of course, everyone would want to fit their home with AI-powered security to keep their pets and kids safe. Over time, AI-powered household security has become smarter than ever. However, people are still concerned whether it is possible to trust a machine or robot with the welfare of their kids. The best way a homeowner can take away uncertainty out of their security is to … [Read more...] about How AI Can Keep Your Family Safe
Industrial IoT Reducing Operation Costs and Minimizing Human Error
Did you know that some of the biggest losses to businesses have happened due to human error? Back in September 1999, a mismatch in converting units from the British imperial system to metric system resulted in a $125 million Mars orbiter getting lost in space! A small mix up between kilometers and miles flung the orbiter so far off-course that it could now be orbiting the … [Read more...] about Industrial IoT Reducing Operation Costs and Minimizing Human Error
5 Cloud Trends That Will Dominate 2019
The nonstop rise of the cloud has been incredibly impressive thus far, but things are only just getting started for this nascent technology that's already upended everything we know about business and personal storage. As the new year rapidly approaches, analysts and investors across the marketplace are erupting into speculation about which trends will continue to disrupt the … [Read more...] about 5 Cloud Trends That Will Dominate 2019
6 Alternative Authentication Methods to Supersede Passwords
Back in 2004, Bill Gates said people would rely less and less on passwords, because they just don't meet the challenge. And really, passwords, the world's most common way of authentication, have been becoming obsolete over the past decade or so. Judging from numerous security incidents we can say that passwords aren't doing their job nearly as effectively as they should. In … [Read more...] about 6 Alternative Authentication Methods to Supersede Passwords