Sberbank, Russia’s largest state-owned bank, expands and installs blockchain-based ATMs to expand contactless transactions. Thanks to the distributed ledger tech (DLT), the ATMs will provide effective, safe, secure and fast touchless transactions and also offer a significant security and performance level.
On April 30, GoogleAds were exposed in sponsoring phishing ads for scam alternatives to crypto exchange CoinCorner. Meanwhile, the company itself failed to secure its spot with the search engine’s promoted ads. Therefore, this puts into question the entire attitude of big tech towards cryptocurrency.
Some well-known industry players, such as Google and Apple, have to take up extra measures to shield cryptocurrency users from scams during pandemics. Their efforts will now be directed at blocking malicious advertisements on the internet as well as protecting mail users from phishing emails.
Google video sharing subsidiary YouTube has suspended the accounts of two popular cryptocurrency enthusiasts citing a breach of the company's terms and conditions. YouTube went ahead to delete the videos which it claimed violated its Terms and Conditions posted by the two cryptocurrency enthusiasts on their channels.
The online cryptocurrency community recently went into overdrive sharing preparatory tips for surviving the coronavirus. The community discussed a widening of possibilities a coronavirus pandemic could mean to the crypto markets. The most amusing aspect was the discussions of tips and tricks to stay alive during a possible pandemic.
Apple Inc has become the newest member of the Fast Identity Alliance Online (FIDO) a group aiming to have zero password access to devices. Among the association members are big names such as Google, Microsoft, Amazon, Intel, ARM and Samsung.
The blockchain "system" promises to be able to scale back, by a wide margin, owing to the "power" of the internet platforms on which many of the current services offered through geolocation, such as Uber, Google, Airbnb, Amazon, Alibaba, to name the main ones. These companies are trying to integrate blockchain into their geolocation apps so they can serve the public better, in an effective, secure and transparent manner.