NEW YORK (Reuters) – Dutch bank ING (INGA.AS) is working on developing technology to help clients safely store digital assets, according to people familiar with the matter. The custody project, which is being run out of Amsterdam, is still in its early days and is one of the bank’s several initiatives around blockchain, the technology […]
Understanding Blockchain and Cryptocurrencies. Concepts and Definitions. There are 3 main stages of computer network evolution: Centralised networks. These were the first computer networks. They are typified by one main computer (server) with a number of other computers connected to it. As a result, if the information on the main computer is erased or lost, it […]
In the context of information security, and especially network security, a spoofing attack is a situation in which a person or program successfully identifies as another by falsifying data, to gain an illegitimate advantage. Many of the protocols in the TCP/IP suite do not provide mechanisms for authenticating the source or destination of a message, and are thus vulnerable to spoofing […]
If poorly designed and unregulated, could negatively affect financial stability. A global stablecoin network, if poorly designed and unregulated, could pose risks to financial stability. The failure of a stablecoin to operate as expected could disrupt other parts of the financial system. For example, the inability to convert stablecoins into domestic currency on demand or […]