Category: News

Categories
Crypto News

Samsung Wants to Simplify Banking Services with Blockchain Technology Tool

Samsung SDS, a branch of the South Korean technological giant, has designed a blockchain technology-based platform for South Korean banks, the company reported today.

Samsung SDS launched the new BankSign platform based on blockchain technology

The new BankSign platform, jointly developed by the Korean Federation of Banks and Samsung, is intended to provide flawless interoperability between the mobile systems of different banks. Customers can conduct transactions on different apps, but the new system will need to check them from a single application, using passwords, fingerprints or patterns for authentication, Yonhap press agency revealed.

Samsung delegates claimed that the security of the system ensured by the coupling of bank systems to the data sharing blockchain technology network, and authentication data into this network can stay in place for up to three years. One statement claimed that this security is strengthened by the immutability of the blockchain.

Is not the first time Samsung SDS is using blockchain technology-based solutions for improving the banking system

“BankSign is the first application of the long-awaited technology of the blockchain on banking services. The company will continue to develop its digital transformation activities, which will strengthen the competitiveness of banks and financial institutions,” the statement says.

Samsung SDS started in 2015, and issued its first business platform, Nexledger, in 2017.

Subsequently, the company introduced a digital financing platform fueled by blockchain technology and artificial intelligence, Nexfinance, that is aimed at tracking and integrating the financial files of various investment companies, generating recommendations for products, demanding insurance and handling credit card fidelity points, the Korea Herald announced in June.

While cryptocurrencies are still viewed as risky assets for the mainstream financial system, even in South Korea, the blockchain technology is considered a significant technological achievement that might help the banking system overcome the current issues that characterize transactions and data recording.

Categories
Crypto News

China Increases Its Policies Regarding Cryptocurrency With Baidu, Tencent And Alibaba Blocking Crypto-Related Activities

Restrictions against cryptocurrency in China intensified today, August 27, after renowned technology companies such as Baidu, Tencent and Alibaba blocked forums related to cryptos and cryptocurrency exchanges. The measures come amidst a new escalation by the Chinese government, which is even trying to minimize the conversations of thousands of users about digital assets.

In the case of Baidu, China’s leading Internet search engine, the ban covers the cryptocurrency forums, according to information disseminated by local media. According to the report from other digital media, a person related to Baidu who did not want to be identified claimed that the measure was taken in “conformity with relevant laws, regulations, and policies.”

As for Tencent and Alibaba, which provide Internet and e-commerce services, respectively, they have reported that they will maintain monitoring to prevent their mobile payment services from being used for transactions involving cryptocurrencies.

On August 24th it was announced that AliPay would supervise the transactions with cryptos in China to restrict or suspend the operations suspected of being involved in the purchase and sale of cryptocurrencies.

China intensifies the cryptocurrency regulations

The decisions taken by the before-mentioned companies come in addition to the measures imposed by local authorities, such as the one announced last Thursday, in which events related to cryptos became banned in hotels and shopping malls in Beijing’s Chaoyang district.

Overall, it was also reported that some 124 foreign cryptocurrency exchange platforms operating across China would be banned to minimize the exchange of cryptos further.

The increase in official regulation began in September 2017, when China issued a measure in which the Central Bank banned the Initial Coin Offerings (ICOs) because “ICO projects are suspected of illegally raising funds and probably committing fraud.”

Since then, the official position was against cryptocurrencies and any mechanism related to digital assets. However, in the midst of this whole ecosystem landscape, China does welcome the potential of blockchain technology.

Categories
News Tech

Viber Update Comes With A Facelift And Some New, Cool Improvements

Viber is one of the most popular messaging apps, totaling more than one billion users worldwide. Now, the latest Viber update comes with a facelift and some cool improvements we’re going to present here.

Viber is an instant messaging app run by Japanese multinational company Rakuten, which is increasingly popular. The app is available for mobile platforms, on both Android and iOS, as well as for Windows, Mac, and Linux. Initially developed by Viber Media, an Israeli company, the app had been purchased by Rakuten in 2014.

Viber instant messaging app allows users to exchange text messages, as well as to send and receive images, videos, and documents. On the other hand, the app also permits users to initiate and receive voice and video calls.

Recently, Viber cross-platform messaging app was happy to announce that it exceeded one billion users from every corner of the world.

Viber update brings a revamped design and new, cool improvements

The latest update brings Viber to modern smartphones with notch compatibility and enhanced design. The new facelift includes larger photo thumbnails, new delivery status icons, bright background, and bigger char bubbles, among other changes.

The bright background and the bigger chat bubbles enhance the user experience and help users see more content at a glance, while the new delivery status icons respond in real-time to the most essential new under-the-hood change the latest Viber update came out with. Accordingly, Viber is now faster than ever, boosting the speed at which the messages are sent and received, enhancing the experience with the app.

On the other hand, another new and cool improvement in this Viber update makes it possible for a sharper GIF and a better photo and video experience for you to share pictures with your friends and family in an enhanced way. Additionally, Viber comes with end-to-end encryption, ensuring the users’ privacy and safety while they chat.

“Providing an exceptional communication experience to the hundreds of millions of people using Viber passionately every day is what drives us for constant innovation. We wanted to give our users a fresh, stunning look, that not only looked good but really runs better from the inside out,” stated Ofir Eyal, the VP of Viber.

Categories
Games News

Top 3 Most Similar Games to Red Dead Redemption 2

If you are a gamer who loves adventure and action, Red Dead Redemption 2 by Rockstar Games is the best for you. It is a western-themed game, with a unique gameplay, and an engrossing story. As minimalist as it sounds, it is one of the most adored games of this generation.

Because Red Dead Redemption fans have a longer time to wait until the second version is released, they need some other games to keep them occupied, right? We provide them and you with a top 3 most similar games to Red Dead Redemption so you will not be under the control of the boredness.

Gun

Gun is a game which was released in 2005. It is set in the year 1880 in the American Old West, and its narrative is based on real gangs, stories, and figures from that time. The game’s main character is Colton Cole White, and he battles with an onslaught of bandits, killers, and power-mad cowboy as the protector of the whole city.

Call of Juarez: Gunslinger

Before Red Dead Redemption was released, Call of Juarez kept the genre of western shooter games alive. The game rotates around Silas Greaves, a legendary old bounty hunter, and his story. You can live his adventures, participate in gunslinger duels and many more.

Grand Theft Auto V

Due to the fact that both Grand Theft Auto V and Red Dead Redemption were developed by Rockstar Games, they are compared most of the time, and the comparisons are justified indeed. Both games have the same Rockstar staples when it comes to story elements and gameplay even though one is set in the fictitious, modern world of Los Santos and the other one is based in the Old West.

Categories
Games News

Kingdom Hearts 3 Release Date – A Beautiful Design

There have been a couple of games which kept fans on the edge of their seats. Kingdom Hearts 3 is among these games and fans can’t wait to see it released. Those who are lucky enough to participate at the Gamescom 2018 event in Cologne, Germany will have the chance to play the demo version of the game.

A beautiful design

The gaming news outlet Kotaku UK managed to get their hands on an early release of the demo and they reported their experience. They managed to put together a mini review and apparently the demo version stands along the beautiful design and gameplay visual of the franchise.

Square Enix’s upcoming title has been on the news lately. The fans have waited for a long time to hear about it and this year has brought them plenty of video material about Kingdom Hearts 3. These video trailers revealed themes from the Disney worlds and Final Fantasy which will make an appearance in the upcoming game.

Although these videos boast superb graphics, those from Kotaku UK feel that they don’t do justice to the actual gameplay.

An impressive effort

On the same report, Kotaku commented on how impressive it is that the developers and animators made a huge effort to make every little detail as realistic as possible. Even the wear and tear suffered by the toys in the game managed to get a high praise. Kotaku closed their review by stating that playing the demo version of Kingdom Hearts 3 feels as if you were playing a Pixar movie.

The Gamescom 2018 has brought two game levels which acted as playable demos for Kingdom Hearts 3 which allowed attendees to try their best in the Hercules and Toy Story worlds. The game will be officially released on the 29th of January.

Exit mobile version