Blockchain Experts Claims its Network Can Attain High Speed & High-Volume Processing
A unit of scholars is certain it has the method to engineer a high-performance blockchain network that can process payments faster and at larger scale than counterpart blockchain systems.
The network known as Unit-e, is looking to process transactions verified by agreements on the blockchain in just 15 seconds.
If the system goes live, settlement speed will go up and cause a significant boost in its blockchain performance in comparison with rival networks.
Here’s how long it takes to settle and record the different transactions:
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Microsoft has signed a definitive agreement to acquire mobile network solutions provider Affirmed Networks, aiming to deliver what it claims will be new opportunities for a global 5G ecosystem.
Launched in 2010, Affirmed Networks offers virtualised, cloud-native network software for the mobile industry. Its flagship Evolved Packet Core (vEPC) is designed to enable communication service providers to scale their networks and offer differentiated web-scale mobile services, so they can keep up with the demands for mobile services while dramatically reducing capital expediture (capex) and operational expenditure (opex).
Microsoft says the acquisition will allow it to evolve its work with the
Cyber security insurance firm Chubb is investigating a cyber security incident that may involve the Maze ransomware group. This comes after the cyber criminals behind a spate of recent ransomware attacks published a statement on their own news website claiming it has successfully attacked the organisation.
Chubb offers security insurance services covering business interruptions due to attack or error, data loss and restoration, incident response and investigation costs, crisis communications, liability from data protection failures and unauthorised networks, blackmail and regulatory investigation expenses, among other things.
In its statement, the Maze group said it had compromised Chubb’s systems and
The London Office for Rapid Cyber Security Advancement (Lorca) is on the hunt for security scaleups to address the challenges thrown up by the Covid-19 coronavirus pandemic, such as securing remote workforces and digital citizen services, and tackling disinformation.
As with previous groups, the fifth cohort of scaleups to move through Lorca’s scheme will receive support in scaling their businesses, securing investment, accessing new markets, and expanding internationally. The ultimate aim is to grow the UK’s cyber security industry and help make the internet a safer place to be for all.
As usual, the selected scaleups will receive