Some voters with disabilities will be able to cast their ballots on smart phones using blockchain technology for the first time in a U.S. election on Tuesday. But while election officials and mobile voting advocates say the technology has the potential to increase access to the ballot box, election technology experts are raising serious security concerns about the idea.
The data that banks store on their servers is as precious as the money they keep in a safe. With that data, criminals can open up bank accounts, transfer money and even siphon off the accounts, all without the original data owner’s consent or knowledge.
The latest breach of security at Capital One shows that the financial industry needs to overhaul their data security. A hacker was able to gain access to the bank’s database, with more than 100 million customer account details, such as social security numbers, bank accounts, social insurance and account holder addresses, balances, and credit scores.
Yesterday at R3’s CordaCon in London, the firm unveiled research into a possible second R3 product. Former lead engineer Mike Hearn is now working full-time on Conclave, a new trusted computing solution to enhance privacy and security.
Blockchain is best known as the technology that underpins cryptocurrency transactions, but it also has the potential to improve the transparency, access and sharing of data in other sectors—including aviation.