2017年9月27日星期三

Blockchain Tech——Steal Business From Visa, Reinforcing Mobile Payment Security

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Recently, the ethereum network could pose a real challenge to large financial institutions like Visa as soon as next year, according to Vitalik Buterin, the creator of the ethereum blockchain.

In a Q&A with AngelList founder Naval Ravikant at TechCrunch Disrupt on Monday, Buterin said that security is the biggest challenge to bringing blockchain technologies into the mainstream, and that once it’s sorted out, blockchain tech could steal business or even replace financial institutions like Visa in a “couple of years.”

Despite the hype around blockchain, most of the current applications that use the technology aren’t far enough along in development to be used widely, he said.But Buterin said that while he expects low-security prototypes to be introduced in the financial space by next year, it will be a few years before they have any weight.

In China, the Central Bank release the regulatory notice(No.261) on strengthening the payment and settlement matters related to telecommunication to prevent the new illegal crime, mainly from the aspects of  account management, transfer management and cards management, further to ensure the security of financial environment.

CFCA
With the development of Internet economy, the developing of the newest technologies like cloud computing, big data and Blockchain are all at a breathtaking speed. Such technologies together that can solve the problems of security.
Shuqin Tech choose Blockchain for the recordkeeping, then to ensure the data cannot be deleted or modified. Mainwhile, using e-signature to guarantee the mobile security. The first product Baoquan.com has gained the approval from the judicial expertise, which has the judicial effect for these electronic evidence.

Based on the multiple-layer Blockchain storage system, Baoquan.com guarantees the uniqueness of data, as well as provides the trustworthy electronic certificate service, which combining  the cloud storage technology with SDK packaging technology. All the produced and circulated data could be called via the interface of Baoquan.com, and then be stored on the Blockchain with the proof of immutability and traceability, further providing the one-stop data attestation service.

So far, Baoquan.com has gained the approval from judicial expertise centre, the attestation way has the judicial effect at the same time. In 2017, the e-data attestation system has passed the integrity identification assessment by national network and information security supervision centre. Last year, Baoquan.com passed the national information security level certification, the grading certificate for website security, the certificate III called “Ranked Protection of Information Security System ” and so on. The SM algorithm is conformed to the national security standard.

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