Friday, 23 August 2019


David Chaum Releases a "Potential Replacement for Physical Cash"

Cryptocurrency pioneer David Chaum is launching a new digital currency, Praxxis. Chaum says that it has the security, stability and scalability to become a potential replacement of physical cash. Praxxis is expected to serve as a payments platform and is built on the Elixir blockchain. If successful, it will fulfil Chaum's view of Satoshi Nakamoto's original vision for bitcoin to be a "purely peer-to-peer version of electronic cash."

Link: FX Street



Ex-operator of Zaif Platform to Close Down Cryptocurrency Business

Tech Bureau Corp., which operated the Zaif cryptocurrency platform until it was hit by a massive hack, said Thursday it will close down its virtual currency exchange business once it has completed refunding customers.

Link: The Mainichi



Intel, Google, Microsoft, and others Launch Confidential Computing Consortium for Data Security

Major tech companies including Alibaba, Arm, Baidu, IBM, Intel, Google Cloud, Microsoft, and Red Hat today announced intent to form the Confidential Computing Consortium to improve security for data in use. Established by the Linux Foundation, the organization plans to bring together hardware vendors, developers, open source experts, and others to promote the use of confidential computing, advance common open source standards, and better protect data.

Link: VentureBeat



New D-ID Solution Removes Identifying Biometrics from People's Faces

The solution is being presented as a modern alternative to blurring and pixilation, creating photorealistic images that still respect the privacy of real-life individuals. Smart Anonymization does not profile subjects during the anonymization process and preserves non-identifying attributes like age, gender, and gaze direction, so the videos it creates can still be analyzed for commercial purposes.

As a result, the tech allows companies to make use of footage gathered in smart cities, retail outlets, and other public areas while remaining compliant with the latest privacy standards.

Link: FindBiometrics



MoviePass Data Breach Leaves Credit Card Numbers Open

Movie ticket subscription service MoviePass is the latest company to suffer a data breach after tens of thousands of customer card numbers and personal credit cards were left unsecured on a server that was not password protected.

Link: TechRadar



JP Morgan Chase Gives-up on Mobile Payments App

US bank JP Morgan Chase will close its standalone mobile payments app early next year in favour of integrating the payment system into third party merchant apps and websites.

Link: Mobile World Live




Note to Subscribers

As a subscriber to Smart Card News we currently send you the latest industry news together with carefully selected industry events and updates.

We do not share your data with any third parties. However, due to changes in the law (GDPR) from May 2018, we need to confirm you are happy for us to continue to hold your details. If you DO NOT wish to continue to receive mailings from us you can unsubscribe at any time by:- emailing us at info@smartcard.co.uk or click Unsubscribe

Please note, if you do not unsubscribe, we will take that as confirmation that you are happy to receive future mailings from us.

Smart Card News Limited, Gratwicke House, 10 East Street, Littlehampton, West Sussex, BN17 6AW, Registered in England 2728296.

Important Information

From time to time, this news service may include industry forecasts and forward looking statements made by the companies concerned. Readers should be advised that Smart Card News Ltd cannot be held responsible for decisions and/or actions taken by readers of our news service, based on the information provided. This news is only to be distributed to persons/companies who have a contract with Smart Card News Ltd. Unless your company has gained a licence and/or written permission from Smart Card News, the contents of this news page are not to be forwarded to any other person or server. Any replication by any means without prior permission is illegal and action may be taken. If you receive this online news from a forwarded source please contact the team at Smart Card News Ltd. It is illegal to replicate this online news.

Email: info@smartcard.co.uk
Tel: +44 (0)1903 723 548