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The municipality of Saudi Arabia’s capital city Riyadh has partnered IBM to facilitate government services and transactions on a blockchain.

Under terms of the partnership, early blockchain-tech mover IBM will work with Elm Company, the municipality’s technology partner, to develop an implementation strategy to plug government transactions and commercial services to citizens and residents on a blockchain, ITP.net reports.

The city administration, IBM and Elm will further sync with key government departments and private and semi-government sectors over a number of workshops to determine the services that can be transformed by blockchain.

Dunwoody officials said Thursday that no data was compromised during the ransomware attack, which was detected on Christmas Eve and is now under investigation by the FBI. The intrusion was quickly identified by staff, which worked with the city’s computer security contractors at InterDev to shut down servers and disconnect computers in order to limit the impact of the attack.

“As soon as we detected a problem, we took immediate steps to protect the city’s infrastructure,” Ashley Smith, InterDev’s director of government services, said in a news release. “Data back-ups were used to fully restore systems with no loss.”

Dunwoody police Chief Billy Grogan said the attackers demanded a ransom be paid in bitcoin, a digital currency. He declined to reveal the amount requested but said the city did not pay.

Crypto in the 2020s: scalable and private blockchains, barbell adoption, crypto as a core part of tech, and adoption by institutions and governments.

Data from Coinshares underscores the wealth from days gone by which will ultimately fall into the hands of those who are sympathetic to Bitcoin as sound money.

Those who consider Bitcoin sound money will benefit from Baby Boomers to the tune of three times of U.S. GDP.

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Holochain is a next generation protocol and an evolution of blockchain for web 3.0 leading to a more distributed world.

https://holo.host/
We are en route to build a more healthier, more empowered internet!

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In September 2018, United Nations secretary-general António Guterres gave a speech on the global lack of trust, or what he called a “trust deficit disorder.” He just gave a similar speech, this time discussing blockchain specifically. The organization isn’t just motivated to build a more sustainable world or reducing waste from their supply chain, but as American support has waned, donors are demanding assurance their donations are being spent for the purpose they were intended.

United Nations secretary-general António Guterres says the intergovernmental giant needs to embrace blockchain. In a statement provided to Forbes by the secretary-general’s office, Guterres touted the technology first made popular by bitcoin as a crucial component of the organization that generate’s $50 billion in revenue annually.

Coming at a time when the president of China has touted blockchain as a national priority, and the $6 billion United Nations Children’s Fund has started accepting bitcoin and ethereum donations for some of its projects, the statement from Guterres shows that cryptocurrency and the underlying blockchain technology is being seriously explored at the highest levels of the largest organizations in the world.

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Bitcoin’s emergence as a global digital currency has been as revolutionary as it has been erratic. But while fledgling investors obsess over every fluctuation in the cryptocurrency market, nation-states are more interested in the underlying blockchain technology and its ability to revolutionize how business is done on the internet and beyond. VICE’s Michael Moynihan travels to Russia with Vitalik Buterin, inventor of the ethereum blockchain, to get a front-row seat to the geopolitical tug of war over Internet 3.0.

Check out VICE News for more: http://vicenews.com

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From insilico meddicine — the beginning of an AI healthcare revolution.

Poly Mamoshina on Machine Learning for small molecule drug discovery and the beginning of an AI healthcare revolution — interviewed at the Undoing Aging conference in Berlin 2019!

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