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News on Medial
Tripura government utilizes blockchain for data security
Startup News FYI
·
1y ago
Medial
The Tripura government is using blockchain technology to enhance data security and transparency in its operations. By implementing blockchain, the government aims to secure sensitive data, prevent unauthorized access, and ensure the integrity of records. This initiative demonstrates how blockchain can play a crucial role in improving data management and security for government functions.
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MeitY cybersecurity group seeks ideas in thrust areas
Economic Times
·
1y ago
Medial
The Indian government is seeking research and development proposals in cybersecurity. The areas of focus include digital forensics, IoT security, mobile security, data security, and network and system security. The proposals can be submitted by individuals or institutions, and a working group will evaluate their feasibility and recommend financial support. The aim is to develop technologies aligned with specific thrust areas and achieve a technology readiness level of 4 or higher within 24 months. The proposal areas range from recovering deleted data in digital forensics to blockchain-assisted IoT security and privacy measures in network security.
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Blockchain Firm Beyond Imagination Technologies Join Hands With Indian Army
OutlookIndia
·
1y ago
Medial
Beyond Imagination Technologies (BIT) has joined hands with the Indian Army to modernize veteran communication management through blockchain technology. The collaboration enhances data integrity, security, and correctness, providing digital certificates, non-fungible tokens (NFTs), and NFT-based loyalty programs. The blockchain-powered solution streamlines communication, improving operations and efficiency for Indian Army veterans, enabling quicker decisions and reduced administrative overheads while maintaining security. This partnership signifies innovation and service to the nation, making a positive impact on veterans and their families.
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Grow Digi gets two patents for sector agnostic blockchain technology layer from govt
YourStory
·
7m ago
Medial
Indian blockchain startup Grow Digi has been granted two patents for its technology that reduces data storage needs by 95%, improves transaction speed, and enhances security. The company has developed a base layer blockchain technology, known as Layer 1, which allows enterprises to build their own blockchain applications. The patented technology replaces the existing system of multiple verification points, reduces transaction time to less than 300 milliseconds, and prevents collusion among influential entities on the blockchain. Grow Digi has also developed industry-specific platforms and plans to monetize its platform this year.
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Silencio Network Raises $1M in Funding
Finsmes
·
1y ago
Medial
Silencio Network, a Munich-based provider of decentralized data coverage solutions, has secured $1 million in funding led by Borderless Capital. The funds will be used to accelerate growth, enhance data integrity, foster partnerships, and pursue strategic initiatives. Silencio Network utilizes blockchain technology to create a comprehensive noise level data bank and has experienced significant user growth since its launch, doubling its user base to 92,000 in one month. CEO Thomas Messerer expressed excitement about the investment's potential to push the boundaries of data coverage in the decentralized era.
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Blockchain And Decentralised Identity Management: A New Frontier In Cybersecurity
Inc42
·
1y ago
Medial
Blockchain is a decentralised and secure technology that is resistant to tampering and fraud. Originally designed for cryptocurrencies like Bitcoin, blockchain is now widely used in various industries. It plays a crucial role in executing smart contracts, reducing the need for intermediaries and improving process efficiency. Blockchain also has significant applications in cybersecurity, addressing concerns such as data breaches and identity theft. Its transparency, encryption, and immutability make it ideal for identity management systems. Real-world examples like uPort and Sovrin showcase the effectiveness of blockchain in securing digital identities. However, scalability and regulatory issues remain challenges for widespread adoption. Despite these limitations, blockchain holds great potential for enhancing security and privacy in our digital world.
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Musk exploring blockchain use in US government efficiency effort
Economic Times
·
5m ago
Medial
Elon Musk is exploring the use of blockchain technology to enhance efficiency in US government operations through the Department of Government Efficiency (DOGE). The initiative, part of the Trump administration's pro-digital asset stance, considers blockchain for tracking federal spending and securing data. Though discussions are preliminary, the plan faces challenges, as traditional databases might be more viable than public blockchains. The initiative aims to cut costs and eliminate waste, aligning with Trump's economic goals.
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Phronetic.AI Unveils World’s Pioneering ‘AI Facility Manager’ with Cutting-Edge AI Vision Capabilities, Redefines the Future of Management Productivity For Enterprises & Organisations
VCCircle
·
1y ago
Medial
Phronetic.AI, a business unit of Infibeam Avenues Ltd., has unveiled the 'AI Facility Manager,' an AI solution that aims to redefine management productivity for businesses, organizations, and government entities. The AI Facility Manager utilizes AI Vision to convert video footage into actionable insights, offering unparalleled efficiency in managing facilities. This sector-agnostic application represents a significant advancement in managerial task automation and promises to revolutionize decision-making processes. Phronetic.AI envisions expanding into various sectors and believes that AI technology can simplify, accelerate, and enhance management tasks. The AI Facility Manager prioritizes security and data privacy while providing comprehensive traceability mechanisms.
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Apple users, protect your iCloud data! Here’s how to enable advanced encryption amid the UK govt’s demand for access | Mint
Livemint
·
5m ago
Medial
The UK government has ordered Apple to create a backdoor to access user data in its iCloud service, challenging Apple's encryption protections. Issued under the UK's Investigatory Powers Act, the order mandates Apple to remove encryption, risking user privacy and security. Apple introduced Advanced Data Protection, offering end-to-end encryption, enhancing security, and resisting government requests to weaken encryption. Privacy advocates argue this order sets a dangerous precedent. Users can enable Advanced Data Protection for enhanced security.
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Govt notifies telecom cyber security rules; sets timelines for telcos to report security incidents
YourStory
·
7m ago
Medial
The Indian government has implemented new telecom cyber security rules to protect the country's communication networks and services. The rules include specified timelines for telecommunications companies to report security incidents and disclose information. The government and authorized agencies have the power to request traffic data and other non-content data for the purpose of ensuring cyber security. Telecommunications entities are required to adopt a telecom cyber security policy that includes safeguards, risk management approaches, training, network testing, and risk assessment. The rules also outline obligations to prevent misuse of telecommunications equipment and ensure cyber security. Additionally, manufacturers must register equipment with the government before sale.
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Canada bans WeChat, Kaspersky applications on government devices
Economic Times
·
1y ago
Medial
Canada has banned the use of WeChat and Kaspersky applications on government-issued mobile devices, citing privacy and security risks. The decision aims to protect the security and integrity of government networks and data, aligning with international partners' approach.
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