Category Archives: Uncategorized

Earlier in the week I blogged about mobile banking security, and I said that in design terms it is best to assume that the internet is in the hands of your enemies. In case you think I was exaggerating… The thieves also provided “free” wireless connections in public places to secretly mine users’ personal information.Continue reading “We could fix mobile security, you know. We don’t, but we could”

xxx Why should anyone have more trust in a digital currency created by an anonymous group of coders accountable to no-one than in a democratically-elected government accountable to everyone? Why is an essentially feudal governance model “safer” than a democratic one? From Bitcoin: In Technology We Trust (Maybe) – Forbes xxx

xxx Innovative banks are increasingly seeing their future as the stewards of identity From How Blockchain Fits into the Future of Digital Identity | American Banker xxx xxx

xxx One of the concerns about Ethereum contract safety has always been the issue that even though it’s theoretically possible to check a piece of code and make sure that it does exactly what you expect it to do, in practice, outside of highly standardized contexts (ie. widely used dapps) where many people can auditContinue reading “Live example of "underhanded solidity" coding on mainnet : ethereum”

Over at the Ron Paul Liberty Report they are in doubt as to who is behind this sort of thing. The War on Cash is a favorite pet project of the economic central planners. They want to eliminate hand-to-hand currency so that governments can document, control, and tax everything. From The World’s First Cashless SocietyContinue reading “The World’s First Cashless Society Is Here – A Totalitarian’s Dream Come True – Ron Paul Liberty Report”

xxx “The total addressable market of people who want to buy bitcoin is very, very thin,” From What a Tech Startup’s Pivots Say About Bitcoin’s Future | American Banker Indeed. And most of them aren’t in America or any other developed market.

xxx Governments and regulators should avoid undue restrictions, support a predictable, consistent and simple legal environment and respect the “bottom-up” nature of the technology and its development in a global marketplace. “Do no harm” is the right approach for DLT. From Comment: With blockchain, regulators should first do no harm – FT.com xxx

xxx The head of the Chilean branch of Transparency International, which campaigns against corporate secrecy, resigned after being linked to five firms in tax havens. From A torrential leak | The Economist xxx

xxx In general, there were two fundamental challenges that needed to be addressed before smart contracts could be used in the real world. First: How would a smart contract actually control real assets so that it could enforce an agreement?… Second: What computer would be trusted to “execute” those terms in a way that bothContinue reading “How Close Are Smart Contracts to Impacting Real-World Law? – CoinDesk”

xxx Micro investment company Acorns has accused ANZ Banking Group and other banks of telling customers they can’t share account passwords with the start-up, retarding its growth.  From Banks and fintechs at war over password sharing | afr.com The article calls password-sharing a “grey area”, which it really isn’t, since both bank procedures and common sense security practiceContinue reading “Banks and fintechs at war over password sharing | afr.com”