We’ve been reading about the promise of blockchain technology for several years now. Many skeptics are beginning to wonder if the “year of blockchain” will ever really arrive. Blockchain isn’t a cure-all, but there are clearly many problems for which this technology is the ideal solution. We continue to see banks, brokerages, insurers, regulators, and others actively testing ways to harness the benefits of blockchain. The journey has only just begun.

By definition, blockchains allow multiple parties to work together effectively, even if they don’t fully trust each other. The most exciting opportunities come when the largest industry players unite with a common approach. While many financial firms have banded together in various efforts on blockchain initiatives, 2017 also saw some large players step away in favor of working on their own projects internally and keeping the intellectual property.

Exchanges embrace blockchain and regulators warm up. We’ve seen several global securities exchanges launch blockchain-based platforms. Regulators are working with the exchanges to explore what oversight should look like. And most industry players still struggle with how to audit systems with almost-instant clearing and consensus-based verification...

Source: PwC: Audit and assurance, consulting and tax services.

On the leading portal for information security, Security.Lab.ru published an analytical note - Countering cryptocurrency fraud (2018/10/29).

In the new industry, the use of distributed ledgers and cryptocurrency turnover, a significant number of problems. The industry is still poorly regulated. Some of them are: current global losses from cybercrime - more than $ 500 billion; fraud world losses - more than $ 50 billion; global cybersecurity costs - more than $ 86.4 billion; ten percent of funds for ICO plundered by fraudsters (phishing) - $ 388 million.

Thus, according to PwC, as of August 2018, 15% of companies have already implemented blockchain technology. The growth of a programmable economy is expected to reach $ 3 trillion by the year 2030. In this regard, the fraud has moved into the cryptocurrency sphere, and almost reached its peak...

Source: SecurityLab.ru

Source: K4Y0T Project.

On October 24-25, Moscow hosted a Forum on modern security technologies - Say Future 2018.

One of the speakers was Igor Bederov, CEO of the platform. The topic of his speech was devoted to the current trends in the development of economic crime in Russia. According to the statistical information of law enforcement agencies and data of the Internet-Rozysk company, the country is experiencing an increase in the proportion of fraud committed using Internet technologies.

In order to effectively counter the further growth of crimes that cause financial damage to citizens, businesses and the state, law enforcement agencies need to adjust investigation techniques, and private security services need to complicate risk identification models, which will require innovative information and analytical products and solutions.

One of the activities of the company Internet-Rozysk, just is the creation of such modern tools. For example, the product of the TelPoisk.rus is already actively used to assess business risks and investigate crimes committed with the use of high technologies.

Yesterday, the international trade and technical conference on blockchain technologies "Trade Token" was held at the site of the Russian-Chinese business Park (big restaurant Qin in Lenexpo), with the support of the community of blockchain developers of St. Petersburg.

The conference was organized by LLC "Green glade SPb", the Russian-Chinese innovation Institute of blockchain technology and the Russian-Chinese Association for research and development of the strategy "One belt — one way" with the assistance of the investment company "Wo Niu" and the Russian-Chinese business Park.

During the conference, we talked about the advantages and disadvantages of blockchain and cryptocurrency technology. Representatives of Trade Token told about blockchain technologies of leading companies of Hubei province (China), as well as about the features of blockchain technologies in China (limitations and prospects).

After the signing of the Memorandum of cooperation between Etherus and Trade Token, it was time to get acquainted with foreign colleagues, exchange experience about taking pictures.

The Declaration on ethics and data protection in artificial intelligence was adopted at the 40th International Conference of Data Protection and Privacy commissioners (ICDPPC) on October 23.

The 40th International Conference of Data Protection and Privacy Commissioners is underway in Brussels this week. On Tuesday, the French data protection authority, the CNIL, the European Data Protection Supervisor and Italian DPA, the Garante, co-authored a new declaration on ethics and data protection in artificial intelligence. Along with the declaration's six principles, the ICDPPC, "in order to further elaborate guidance to accompany the principles," will establish "a permanent working group addressing the challenges of artificial intelligence development," an ICDPPC release states.

The working group "will be in charge of promoting understanding of and respect for the principles of the present resolution, by all relevant parties involved in the development of [AI] systems, including governments and public authorities, standardization bodies, [AI] systems designers, providers and researchers, companies, citizens and end users" of AI systems.

Source: International Association of Privacy Professionals. 

On October 18, Capital Markets and Technology Association (CMTA) published AML Standarts for Digital Assets.

The standards provide guidance for the treatment of digital assets by both businesses and financial intermediaries.

As part of its mission to facilitate the adoption and use of distributed ledger technologies (DLT) in financial markets, the CMTA has developed a set of AML standards. These standards are designed to clarify for both issuers of digital assets and financial intermediaries dealing with such issuers or digital assets measures to be taken in order to comply with the Swiss regulations against money laundering and the financing of terrorism.

The standards aim to create a framework that facilitates the use of DLT – in particular blockchain technology – and the opportunities this brings to financing businesses, while preventing issuers of digital assets from being recipients of illicit funds.

CMTA’s standards have no statutory or regulatory status and are not compulsory. They represent a consensus among significant actors in the financial sector as to how applicable rules and regulations can be complied with and more generally an expression of good practice for the treatment of digital assets.

Source: CMTA - The Capital Markets and Technology Association.

To participate in a private pre-ITO platform, you need to purchase SICP tokens - 6hHaSKBVbZhJrAkr7GyvwBG4NhYyfXoDo3UfHTNxFn7x, on the decentralized exchange DEX (Waves - Bitcoin Wallet & Cryptocurrency).

Waves :: Bitcoin Wallet & Cryptocurrency - Download the app.

Waves Platform - Purchase Waves on the platform.

To purchase Waves, you can use a mobile application, a PC client, or even use an online client (in the browser). After that, you will need to go through the registration procedure and keep the keys in a safe place. As a result, a unique wallet number and the DEX exchange, which supports major cryptocurrencies and fiat currencies, will be available.

To replenish the wallet in USD (with a commission of only 1%), you will need to be identified - IDNow.eu.

Waves Ecosystem Comes To Your Browser. Waves has launched an extension to securely sign transactions. Now it is even more convenient to purchase token SICP.

The new Waves Keeper browser extension turns your browser into a keychain that enables you to sign transactions securely on third-party web resources without entering your seed or password. So now, if a Waves-integrated website or dApp requires you to sign a transaction, you can do it with just a couple of clicks, right in your browser.

This is the first version of the browser extension, which currently works only in Google Chrome. In forthcoming releases they are planning to extend its functionality and develop a cross-browser solution, available for all popular browsers.

Source: blog Waves Platform.