CryptoURANUS Economics: 07/14/19

Anti-AdBlocker

Sunday, July 14, 2019

S&T Blockchain-Program: Cryptocurrency



S&T Blockchain Program Focuses on Security, Privacy, Interoperability, Standards


There has been a lot of buzz lately about how Blockchain will revolutionize the secure transfer of information. S&T says that by understanding its potential applications and impact, and setting universal standards for usage, S&T is paving the way for multiple agencies such as U.S. Customs and Border Protection (CBP), U.S. Citizenship and Immigration Services (USCIS), Transportation Security Administration (TSA) and others to successfully and easily integrate Blockchain into their mission.




BTC














There has been a lot of buzz lately about how Blockchain will revolutionize the secure transfer of information. However, many are still unclear on exactly what Blockchain is, where its applications can be used and how the leaders in the field will be able to deliver usable software to potential buyers.

As an emerging tech trend, the Department of Homeland Security (DHS) Science and Technology Directorate (S&T) has been tracking Blockchain’s birth, development and progress for years. S&T was particularly interested because of the potential for building resilience into digital transaction systems.

S&T says that by understanding its potential applications and impact, and setting universal standards for usage, S&T is paving the way for multiple agencies such as U.S. Customs and Border Protection (CBP), U.S. Citizenship and Immigration Services (USCIS), Transportation Security Administration (TSA) and others to successfully and easily integrate Blockchain into their mission.

As the DHS science advisor, S&T keeps its finger on the pulse of emerging technologies. When the assessment is made that the time is right, S&T may even offer assistance to industry to help the tech both achieve its full potential and reach perspective government buyers and users. That is exactly what happened with Blockchain.


What is Blockchain?


Blockchain first gained wide notoriety as the system that runs the Bitcoin digital currency transaction confirmation process.

What makes it so different from previous models is that each transaction of the digital monies forms a new “block” in a public ledger. The ledger is transparent and communally verifiable within an open and shared database. As a shared, synchronized and geographically disbursed database, with no centralized data storage, the system is designed to remove the “single point of failure” risk (including technical malfunction and malicious alteration) that is present in many other systems.

One of the other key differentiators from previous structures is that since it is a “distributed electronic ledger,” if one wants to track the historical transactions of a specific unit of currency (or data) from its introduction into the system until a specific date, that can be done and verified by multiple independent users. The blocks form an unbroken “chain” that acts as a visible digital paper trail.
So far, Blockchain has proven extremely resistant to any type of hacking or alteration, and that makes it especially attractive for Homeland Security Enterprise (HSE) uses.


SVIP and Blockchain


S&T’s Silicon Valley Innovation Program (SVIP) bridges the public/private sector gap by cultivating relationships, advising and educating innovators on DHS needs and then offering opportunities to fund and test technologies.

According to Anil John, SVIP Technical Director, “About three years ago, we saw that the global interest in Blockchain technology was not matched by technical investments that ensured that the technology incorporated fundamental security, privacy and interoperability functions. In other words, while its capabilities could represent a dramatic change in the way that things will be done in the future, so much so that it could disrupt the current norms in multiple sectors, there were still missing links in the chain. That’s when we offered our assistance.”

And with that, S&T launched a program for Blockchain that focused on security, privacy and interoperability specifications and standards.

Although it may sound mundane at first, one of S&T’s other lesser known roles within the HSE is to assist components and vendor partners with identifying, creating and setting standards for the technologies themselves.

By developing standardized specifications, S&T creates a common language and criteria for vendor and end-user, alike. This shared understanding facilitates seamless interoperability which enhances utility, efficiency and ultimately, mission success.

The goal of the Blockchain program was to further understand the technology’s capabilities, and also to support and, as needed, create broadly accepted standards to benefit both government entities and the companies in the emerging sector.

By supporting a set of vetted standards, S&T enables government and non-government users to avoid spending additional time and money “re-creating the wheel” to build multiple new interfaces that connect with individual proprietary vendor tools.

John pointed out that, “Historically, when new technologies or solutions are incorporated into legacy systems, there are obstacles that create slowdowns as work-arounds are developed so that the systems mesh properly. However, through the use of globally acceptable and implemented specifications and standards, we are addressing and removing those interoperability hurdles before deployment. That way our industry partners and government components can hit the ground running.”

This is important because multiple agencies can immediately benefit from the advantages of Blockchain.

Throughout the HSE, agencies issue entitlements, attestations and certifications. The holders of those credentials might be an individual, organization or product, but from the HSE perspective, they all have at least one thing in common—the documentation must be quickly verified, extremely robust and resistant to tampering. Paper-based, manual verification solutions are slow, non-centralized and pose are greater risk of forgery and counterfeiting. Blockchain is tailor-made to address and mitigate these security and speed issues.


CBP and Blockchain

S&T first piloted Blockchain with CBP; the nation’s leading law enforcement agency to facilitate lawful international trade across U.S borders. CBP has primary responsibility over the import/export supply chain (the system responsible for bringing a raw product or service to the end customer), verifying international treaty certifications and providing for the timely approval and movement of cargo.

John explained, “We are a support organization for components and their operators. CBP saw that we were ahead of the curve with our understanding of the Blockchain landscape, so they reached out to us. It’s a great example, because their desires intersected with our knowledge.”

The tracking and validation of goods, their elements and their origins throughout the entire supply chain for audit and compliance purposes, is extremely challenging. CBP was interested in updating the paper-based system that they had been using to verify and approve trade agreements.

They saw that Blockchain could enable stakeholders (broker, importer and government) to know instantly the status of import products. By adding a level of secure transparency to the supply chain, all involved parties would be able to track and verify each product from origin to destination.

 “Blockchain and CBP’s needs were an excellent match and the lessons learned in the pilot are being applied to additional agencies.” said John.

Based on the success with CBP, additional DHS Components are starting to explore how Blockchain technologies could help with their missions.

In particular, throughout the HSE, agencies such as USCIS issue entitlements, attestations and certifications. The holders of those credentials might be an individual, organization or product, but from the HSE perspective, they all have at least one thing in common—the documentation must be quickly verified, extremely robust and resistant to tampering. Paper-based, manual verification solutions at areas such as TSA checkpoints are non-centralized and pose are greater risk of forgery and counterfeiting. Blockchain is a potential solution that can address and mitigate these security and speed issues.


USCIS and Blockchain


USCIS is responsible for issuance of documentation proving citizenship, immigration and employment work-status authorization. They wanted to upgrade their existing manual system to be faster, more accurate and more secure.

USCIS wanted a solution to reduce fraud in citizenship, immigration and authorization documentations. And that is exactly the type of functions where Blockchain excels.” added John.

By working and  partnering with SVIP to sponsor the “Preventing Forgeries of and Counterfeiting of Certificates and Licenses” Call,  USCIS is seeking how Blockchain technologies can help secure and automate these processes, which translates into faster and more accurate verification.


TSA and Blockchain


The TSA is the lead organization responsible for the security of the traveling public. In that role, it is responsible for verifying that each passenger that interacts with a TSA checkpoint presents lawful and legitimate proof of identity that also matches them and their boarding pass. Currently, much of this verification is done manually and by visual assessment. With Blockchain, passenger identification could be accelerated, and detection of fraudulent documentation enhanced.

 “TSA is another great capability match,” remarked John. “Blockchain is the infrastructure that supports the validation of credentials. Greater speed and accuracy at checkpoints means a better and safer traveler experience.”

By partnering with SVIP to sponsor the “Preventing Forgeries of and Counterfeiting of Certificates and Licenses” Call, TSA is seeking how Blockchain technologies can help secure, automate and speed up the credential validation processes at checkpoints.


S&T, SVIP, Blockchain and the Future


S&T says it is taking the lead in developing the processes for the use of Blockchain. This work will accelerate the development and deployment of this important technology throughout the HSE and other government agencies.

By modernizing these systems, Blockchain will save time, money and reduce fraud.

Development of standards enables a robust and competitive marketplace for Blockchain uses that will benefit both the government clients and the private sector industry manufacturers and sellers.

Meanwhile, S&T SVIP is continuing to fund and explore new ways to facilitate the speedy and secure transfer of authenticated data and the verification of documentation to secure trade, travel and ultimately, the country.

 “The work we’re doing with Blockchain will enable the HSE to execute its mission more efficiently. By automating a multitude of time-consuming tasks, agents will be freed to focus on other areas of trade, travel and security,” said John, “The program’s success will serve as the foundation of our ‘whole of government’ approach to Blockchain in the future.”

Iran-Indoctrinates Gold-Backed-Cryptocurrency

Iran-Indoctrinates Gold-Backed-Cryptocurrency






Iran-Indoctrinates Gold-Backed: Bitcoin supporter Caitlin Long unleashed on President Trump an impassioned tweet storm in reaction to U.S. President Donald Trump’s tweeted anti-crypto remarks.




BTC














Caitlin Long tweeted Trump is being misled by his staff and argued that cryptocurrency could function within the law despite POTUS45 misdirected fears staffers have pressed upon him.

Caitlin Long Warns Trump That Staff Is Misleading Him on Bitcoin:



A series of tweets, Trump declared that he is not a fan of bitcoin or other cryptocurrencies.

Trump adamantly iterates that cryptocurrency is “not money,” and took issue with bitcoin’s extreme volatility.

President Trump said its value is “based on thin air.”

Trump believes bitcoin and all virtual currencies are used to facilitate crimes, such as drug trafficking, and human trafficking.

Iran Body Slams Trump With Gold Backed Cryptocurrency:



Meanwhile the Persians in Tehran/Iran think-tank engineering cryptocurrency with Gold-back held in reserve by the Middle East country’s central bank.

This will back the value of the new iranian cryptocurrency tokens on the blockchain of Iran’s new central bank “cryptocurrency” launched countering U.S. sanctions.

The new Iranian gold back cryptocurrency will be mined by a small consortium of private Iranian tech companies directly attached to the regime.

The game-theory move have already complicate the oil-rich country and the United States.

Rothschild, Rockefeller, and the other blue-blood banker families will usher a global war into game-theory levels never recorded, nor imagined by historians.

Iran have solidified uncertain times for the entire earth. Decentralizing Iranian controled and created cryptocurrency currently created shockwave globally already.

Now the entire plant is keenly watching President Donald Trump’s game of chicken with Iran taken critical turn into the cryptocurrency decentralization giving middle finger to the federal reserve banking empire.

 -------  -------  ------- Iran has admitted that it actively violates embargoes and treaties against its developing nuclear weapons or technology and now their own gold-back cryptocurrency is above genius game-theory move.

This Middle East country, Iran, is an increasing headache for the United States and their allies with the regimes new cryptocurrency global body slam unprecedented ever before.

Iran nuclear ambitions in plain sight despite being told repeatedly that this could lead to severe consequences.

Iran repeatedly demonstrates global defiance against the Rothschild Rockefeller Federal Reserve Empire as China and Russia are 101% allied with Irans cryptocurrency game-theory efforts.

Iran has the sovereignty and freedom to pursue its nuclear vision just as other nations in opposition to this oil-back currency USD.
 --- 

All sides will continue to ratchet up the rhetoric for the foreseeable future for their own versons sovereign freedom.

Trump warned Iran of complete obliteration using the military might of the United States.

The Iranian presidential advisor Hesameddin Ashena warned they will target the former reality TV star, Donald Trump.


Iranian monetary development comes from a report from Mehr News that is currently sending shock-waves into global market back by China and Russia each step of Iran's efforts.


Tehran-based news announcement that the Central Bank of Iran (CBI) gives prime directive permission for an Irainian gold-backed crypto currency.

Shahab Javanmardi, CEO of FANAP – an Iranian information and communications technology (ICT) firm – revealed this cryptocurrency role-out:
“The Iranian cryptocurrency is backed by gold but its function is similar to foreign rivals. The domestically encrypted money is to ease optimal use of Iranian banks’ frozen resources.”

Iran Staged Their Own Cryptocurrency Creation:



Announcement of Iran’s new state cryptocurrency came days after the CBI banned all private cryptocurrencies in preperation of it's own cryptocurrency businesses ventures in the country.

The legal and regulatory status of bitcoin in Iran isvery clear and resolves their own cryptocurrency and no other.

Different authorities in varying agencies have issued contradictory statements to mislead nations regards to their own cryptocurrency hallmark creation.

Iran projected  as perplexed about cryptocurrency, but secretly targeting  financial authorities in the United States and globally.

Iran has the cheapest least expensive energy costs in the world, Iran is an extremely profitable place cryptocurrency mining and now with Iran's new cryptocurrency creation banning all other cryptocurrency blockchain coins nationwide is diabolical genius game-theory

The U.S. has accused Iran of using cryptocurrency to circumvent international sanctions, and they have done just that.

Central Bank Cryptocurrencies on the Rise:



As Irish playwright Oscar Wilde once said, “Imitation is the sincerest form of flattery that mediocrity can pay to greatness.”

By Wilde’s estimation, many of the world’s central banks are paying the most sincere flattery to bitcoin, ethereum, and other large-cap cryptocurrencies.

As of 2019, the world’s central banks are working on digital currencies.

Iran’s central bank move changes everything.


In Venezuela, President Maduro launched a state cryptocurrency backed by oil.

Last month "Maduro Orders Venezuela’s Biggest Bank to Accept Crypto Petro Nationwide."

The oil-rich South American country’s largest bank, the Bank of Venezuela, to open trading desks for the controversial cryptocurrency this nations new-asset.

Venezuela, a country battling one of the deepest economic recessions on global record, is set to launch a new fiat currency pegged to its oil-backed “petro” cryptocurrency according to President Nicolas Maduro.

Singapore’s central bank has deployed a full-blown cryptocurrency, and Singapore Trials its Digital Dollar via an Ethereum Blockchain.

The Singapore dollar, on an ethereum-based private blockchain. That was in 2017.

-------

Your Bitcoins Are Now Fully Backed by Gold and Silver?




Maya Preferred 223 (MAPR), a stablecoin with each unit worth about $34,000 in gold and silver assets, announced that their ambitious plan to back Bitcoin with gold and silver has entered its final stage and accelerated by Iran's cryptocurrency efforts.
Part of Maya Preferred 223’s business plan is to stabilize the cryptocurrency market by using its own coin to back other cryptocurrencies and tokens with gold and silver reserves. 

Maya Preferred 223’s developers, U.K. Financial Ltd, recently transferred $21 million MAPR into to escrow accounts,

This is the amount equal to the total number of Bitcoins which signatures these nations have been the cryptocurrency whales since it's conception.

The reasoning behind the move is cryptocurrency markets have always been secretly controled by central banks via whales.

Bitcoin will loses its value ounce centralized. 

The Maya team is guaranteeing the flagship cryptocurrency, backed by the silver and gold assets currently behind their MAPR venture. 

The cryptocurrency that is backed with MAPR, is DFS Inc. token, a utility gaming token, based on Ethereum. 

Maya have signed contracts tha hands over 51% control of global tokens and then the team will start backing DFS with $2.50 of assets per token.