In the latest cryptocurrency news, we are focusing on the topic of blockchain – and one of the largest software giants out there, Salesforce. According to latest news, the giant has recently won a patent in which it outlined its plans on how a blockchain-based platform can be used to prevent spam or other (unwanted) emails from people’s inboxes.
This patent is aiming at keeping the plagues of emails away from people (with full inboxes). As the official document reads, the blockchain platform can be used to check whether emails are changed or tampered with after being sent through a custom matching system. The system can also efficiently filter spam when compared with its existing protocols, according to the document.
By using a matching system, the platform will determine whether an email being sent is legit or not. When a user sends an email, a portion of it will be recorded on a blockchain platform – and when a second email user receives it, it will compare a component to determine whether it matches the section recorded onto the blockchain.
As the patent filing explains, this system can “help ensure that messages and attachments to those messages have not been modified during transit over a network.”
In that manner, it can also prevent the “undesirable messages that are often sent, abusing emails or distributing unwanted content.”
It further reads:
“The [system] can also better identify legitimate (wanted) messages and distinguish them from illegitimate (unsolicited) messages. Used properly, the immutability and distributed nature of the blockchain can make it impossible to modify information once it has been committed to the blockchain.”
The other potential uses for this concept could also help guarantee the legitimacy of medical records, educational transcripts, property rights, legal documents and more, according to the authors.
JPMorgan Execs Seem Bullish On Crypto Following JPM Coin’s Release
“Ultimately behind the scenes, they [crypto companies] are going to have to use a bank to move funds. There’s more partnership instead of competition in that space… When it comes to margins and capabilities, payments is never something that grows in margin, nobody wants to pay for a payment…so you need highly efficient and large players.”Karpovich also responded to a question regarding how far the eCommerce industry is from using crypto to facilitating payments. He explained that blockchain - the underlying technology of cryptocurrencies - will be used to facilitate payments behind the scenes. However, he also added that according to him, blockchain won't have a huge impact on consumers.
“I think ultimately you’ll find that the technology behind the scenes will be blockchain, I don’t know that you’ll notice anything as a consumer in that space. I think that you’ll still continue to use the payment type that you prefer, be that a wallet, a card, or a bank account,” he noted.When asked about his anti-crypto sentiment - which is somehow shared in the JPMorgan circles - Karpovich said that there is a difference between adopting blockchain and speculating on cryptocurrencies.
“There’s a difference between trading a cryptocurrency that’s in the market that’s ubiquitous, versus using the technology to enhance your payment infrastructure,” he concluded.
Dissident Revolutionary Group Use Crypto To Overthrow Kim Jong-Un In North Korea
Crypto Benchmark Indices Launched On Bloomberg, Reuters And Nasdaq By CoinMarketCap
Binance Enables Australian Users To Buy BTC At 1,300 Newsstands
‘’Binance Lite is a simple site for users to easily buy bitcoin with cash at physical store fronts. This model makes it really easy to bring new users into crypto, starting with Australia, where the government has taken proactive steps to support the blockchain industry. Users won’t have to open complicated online accounts to start using the service.’’The crypto market in Australia was a little behind than other markets in the world such as South Korea or Singapore because the banks didn’t support the crypto businesses in Australia. Back in 2017, during the strongest crypto rally, reports show that the larger Australian banks closed the accounts on multiple crypto investors. However, starting last year, the government of Australia began its proactive approach in regulating the crypto space and the blockchain industry so the investors are now hopeful that they could improve the market in the long run. Zhou also said that more than $5 billion in crypto was traded in crypto in 2018 in Australia and that since then the government is funding blockchain startups and companies by issuing bonds on the blockchain. The government has also started to accept crypto on airports such as the airport in Brisbane and even held a voting trial on the blockchain. He finished his interview by saying:
“Binance Lite also completes a comprehensive value chain for the Binance ecosystem in Australia. For example, users can show their friends how to buy bitcoin from Binance Lite stores, immediately load it up onto Trust Wallet on their phones, and go on to spend this bitcoin in shops accepting bitcoin payments through TravelbyBit, the payments startup Binance invested in last year.’’
Join us on Facebook
- Facebook Is Looking For Senior Lawyer With Blockchain (Payments) Experience
- JPMorgan Execs Seem Bullish On Crypto Following JPM Coin’s Release
- Bitcoin Is Close To $4,100 As Tokens Gain 20%
- Analyst: 90% Of Smaller Crypto Projects Will Result In Complete Loss
- Mayor Of Chicago: Cryptocurrency Will Save Countries From Financial Crises
UPCOMING EVENTS RECOMMEND BY DC FORECASTS
Bitcoin News3 days ago
Block.one CEO: Bitcoin Will Replace Gold As The Leading Commodity
Bitcoin News5 days ago
BTC Lightning Network Surpasses 1,000 BTC Network Capacity On Its First Birthday
Bitcoin News4 days ago
Analysis: Could Institutional Adoption Bring The Financial Elite To Destroy Bitcoin?
Blockchain News3 days ago
Ledger Nano S Wallet Receives First Level Security Certificate From French ANSSI
Blockchain News3 days ago
Winklevoss: Crypto Will Bring Something Better Than The Social Networking Era
Blockchain News3 days ago
Australia Unveils National Blockchain Strategy Roadmap With A $71,200 Funding Boost
Blockchain News4 days ago
Coinbase Pro Announces New Market Structure, Increases Fees In The Process
Blockchain News2 days ago
Binance Launched Completes Another Successful Token Sale Of Celer Network