Article: Blockchain Floated As A Solution For Medical Data Hacks

Blockchain, Cyber-Security, Data

Blockchain Floated As A Solution For Medical Data Hacks

Ally Medina, director of the Blockchain Advocacy Coalition in California, said that using verifiable credentials could be the solution. With this model, patients are the only people with access to information.

Verifiable credentials are the digital form of physical identification. Exchanging health records using verifiable credentials ensures health records have been transferred from doctor to patient. It does not store the record itself, making it an advocated option for new health tech companies.

Third parties holding personal information spark cybersecurity concerns, but verifiable credentials make hacking more difficult. The most recent technology developments are for proof of Covid-19 testing or vaccination.

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Article: Can cryptocurrencies and their vast energy use co-exist with Singapore’s green goals?

Blockchain, Crypto

Can cryptocurrencies and their vast energy use co-exist with Singapore's  green goals? - CNACan cryptocurrencies and their vast energy use co-exist with Singapore’s green goals?

Despite these developments, blockchain technology can co-exist with Singapore’s green plans, said Asst Prof Dinh. The Government launched a Green Plan last month, charting Singapore’s sustainability goals over the next 10 years across various ministries.

For one, experts believe that energy-intensive cryptocurrency mining is not done on a large scale in Singapore.

In a written parliamentary reply in February, Minister for Sustainability and the Environment Grace Fu said that cryptocurrency mining happens predominantly in markets with a cheap supply of electricity.

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